Piyush Newar
Associate Director - Finanxe
Gurgaon
Summary
Senior Finance Leader with over 15 years of progressive experience in Financial Controllership, Treasury, FP&A, and Corporate Governance across multinational organizations. Proven success in driving business transformation, ERP implementation, and board-level financial strategy under IFRS and Indian GAAP. Adept at establishing robust governance frameworks, managing financial operations, and optimizing tax structures across cross-border entities. Currently pursuing ACCA (UK) to strengthen global finance expertise.
Overview
18
18
years of professional experience
4
4
Certifications
1
1
Language
Work History
Associate Director – Finance
VARITE India Pvt. Ltd.
12.2020 - Current
- Company Overview: Industry: Global Staffing & Workforce Solutions
- Report directly to President & CEO for enterprise-level financial reporting, consolidation, and strategic decisions.
- Oversee end-to-end Finance & Accounts, payroll, vendor management, and statutory compliance.
- Implemented SOPs that increased operational efficiency and reduced audit risk by 30%.
- Designed Transfer Pricing Policy optimizing intercompany taxation across Associated Enterprises (AEs).
- Spearheaded creation of an independent Accounting Department within 3 months.
- Ensured 100% compliance across statutory, tax, and secretarial functions.
- Key Achievements:
- - Managed 40+ client audits with zero non-compliance.
- - Regularized 3 years of secretarial backlogs within one month.
- - Secured lower TDS certificates for 5 consecutive years.
Senior Manager – Finance & Accounts
OILES India Pvt. Ltd.
01.2012 - 09.2020
- Company Overview: Industry: Auto Ancillary (Japanese MNC)
- Functioned as Finance Controller and Company Secretary, reporting to the Managing Director.
- Led group-level consolidation, budgeting, and cash flow forecasting.
- Directed statutory, internal, and tax audits ensuring 100% compliance with Indian regulations.
- Implemented SAP and automated reporting processes to improve accuracy and timeliness.
- Managed treasury operations, optimizing working capital and foreign exchange exposure.
- Key Achievements:
- - Spearheaded ₹100 Cr capital infusion ensuring complete FEMA, RBI, and Companies Act compliance.
- - Executed a ₹50 Cr Greenfield expansion project including full import compliance and SAP go-live within one year.
- - Developed finance SOPs and accounting frameworks across departments.
Senior Executive – Finance & Accounts
Chandramukhi Impex Pvt. Ltd.
05.2011 - 12.2012
- Company Overview: Industry: Trading & Export
- Strengthened accounting systems through implementation of internal controls and standard policies.
- Prepared timely MIS and financial reports for management.
- Improved cash flow through proactive monitoring of receivables and payables.
Articleship / Internship
Singhi & Co., Chartered Accountants
04.2008 - 04.2011
- Conducted statutory and internal audits for listed and unlisted entities.
- Supported audit partners in client assignments, reducing turnaround time by 20%.
Education
Finance
Association of Chartered Certified Accountants
Cost Accountant - Intermediate
ICMAI
12.2011
Company Secretary - undefined
ICSI
12.2010
Chartered Accountant - Intermediate
ICAI
11.2007
Skills
- Financial Planning & Analysis (FP&A)
- Treasury & Cash Flow Management
- Ind AS/GAAP
- Cross-border taxation expertise
- Budgeting, Forecasting & Variance Analysis
- ERP implementation expertise
- Governance, Risk & Compliance (GRC)
- Statutory, Internal & Tax Audits
- Shared Services & Process Automation
- Business Partnering & Strategic Decision Support
- Decision-making
- Strategic leadership
- Team collaboration and leadership
Certification
Certificate Course in UAE Business Management – ICSI, 2025-08
Additional Information
- Nationality: Indian
- Notice Period: 60 days (serving)
- Relocation: Open to relocation to Thailand / ASEAN; employer-sponsored visa required.
- Target Role: Senior Finance Manager | Head of Finance | Finance Director
- Expected Annual Salary (Thailand): THB 2.4M – 3.0M (Negotiable, depending on role and benefits)
Timeline
Associate Director – Finance
VARITE India Pvt. Ltd.
12.2020 - Current
Senior Manager – Finance & Accounts
OILES India Pvt. Ltd.
01.2012 - 09.2020
Senior Executive – Finance & Accounts
Chandramukhi Impex Pvt. Ltd.
05.2011 - 12.2012
Articleship / Internship
Singhi & Co., Chartered Accountants
04.2008 - 04.2011
Cost Accountant - Intermediate
ICMAI
Company Secretary - undefined
ICSI
Finance
Association of Chartered Certified Accountants
Chartered Accountant - Intermediate
ICAI