Rahul Lal
New Delhi
Summary
Associate Director Finance leading closing and reporting across multiple processes and geographies for a 30-person team. Drives IFRS/GAAP compliance, controls, and automation to improve month-end, quarter-end, and year-end close quality and speed. Partners with senior stakeholders, auditors, and Finance, Tax, Legal, and Business teams to deliver statutory, consolidation, and management reporting for decision-making.
Overview
2
2
Certifications
19
19
years of professional experience
Work History
Associate Director
Rio Tinto India Pvt. Ltd
Haryana, Gurgaon
10.2017 - Current
- Led a team of 30 professionals across multiple processes and geographies within Closing & Reporting.
- Oversaw month-end, quarter-end, and year-end closing activities with IFRS/GAAP compliance and reporting accuracy.
- Partnered with senior stakeholders, auditors, and cross-functional teams to deliver variance analysis and decision support.
- Drove process improvements and automation initiatives to streamline closing cycles and strengthen reporting efficiency.
- Maintained internal controls, SOX requirements, and audit standards while identifying and mitigating reporting risk.
- Tracked KPIs and SLAs through governance reviews to deliver high-quality outputs within strict timelines.
- Supported Finance, Tax, Legal, and Business teams with statutory, consolidation, and management reporting data.
- Led cross-functional teams to develop and implement strategic initiatives.
- Streamlined operational processes, enhancing efficiency and reducing turnaround times.
- Mentored junior staff, fostering professional development and skill enhancement.
- Collaborated with stakeholders to define project objectives and deliverables.
- Led teams of up to [Number] personnel, supervising daily performance as well as training and improvement plans.
Finance Manager
HSBC
05.2013 - 09.2017
- Managed a team of four finance professionals through attrition, band progression, contingencies, and performance expectations.
- Reviewed France consolidation adjustments under IFRS and local reporting, including intercompany eliminations for legal and geographic reporting.
- Designed, implemented, and ran France reporting processes to meet European Banking Authority financial reporting requirements.
- Finalized Global Business profit and loss and balance sheet reporting in Essbase for in-country and business MI teams.
- Performed analytical reviews of P&L and balance sheet items, including derivatives and maximum exposure to credit risk.
- Coordinated with regulators, Finance teams, and cross-functional stakeholders to gather reporting data, share analysis, and resolve queries.
- Delivered training on regulatory reporting procedures and stabilized the process through a white belt project that saved 27.5 hrs monthly.
Senior Financial Analyst
Colt Technologies
03.2011 - 04.2013
- Managed monthly MI reporting for the Financial Controller and regional directors, highlighting budget versus actual variances.
- Completed end-to-end closing and reporting across accounts receivable, accounts payable, fixed assets, inventory, project accounting, and cash management.
- Performed budget-versus-actual variance analysis to explain financial movements and support management review.
- Reconciled bank and general ledger balances, resolving open items and maintaining clean account status.
- Prepared direct and indirect cost finalization, manual journals, and supporting schedules for finance review.
Team Support Specialist
Barclays (Global Shared Services)
09.2009 - 03.2011
- Clear Barclaycard suspense items and raise rectification journals in SAP to resolve balance issues promptly.
- Support month-end close reporting for balance sheet items and share management updates with senior management.
- Generate consolidated MIS for cost centers, including exposure reports, write-off analysis, and ageing data for GL accounts.
- Maintain G/L and A/R monitoring sheets to track closing SAP balances and provide visibility into account status.
- Coordinate reconciliation follow-up and report preparation with a Barclaycard partnership team, strengthening finance operations support.
Senior Accounting Specialist
Clifford Chance (Operated as OSC Exports Services Pvt. Ltd in India)
11.2007 - 09.2009
- Managed accounting close activities, including manual invoicing and preparation of P&L statements for month-end reporting.
- Prepared accrual and prepayment journals to keep period-end accounts aligned with reported balances.
- Performed variance analysis between budgeted and actual financial data to support reporting review.
Education
Qualified member of ACCA UK - undefined
Master of Business Administration - Finance
Symbiosis Institute
PuneCA (Inter or PE-II) - undefined
Institute of Chartered Accountant on India
Bachelor of Commerce - undefined
University of Delhi
DelhiAISSCE XII (CBSE) - undefined
New Convent Sr. Secondary School
AISSE X (CBSE) - undefined
New Convent Sr. Secondary School
Skills
IFRS reporting
Financial statement consolidation
Management reporting
Variance analysis
Balance sheet control
SAP finance transformations
Internal controls
SOX compliance
Audit coordination
KPI & SLA governance
Working capital management
Cash flow management
Statutory reporting
Cost center management
Change management
Certification
Qualified member of ACCA UK (Association of certified chartered accountants)
ACHIEVEMENTS
Awarded with” Exemplary Performer of the Quarter Award” for stabilizing the process in India. Clearance of Open items for various accounts and for resolving various customer queries.
Timeline
Associate Director
Rio Tinto India Pvt. Ltd
10.2017 - Current
Finance Manager
HSBC
05.2013 - 09.2017
Senior Financial Analyst
Colt Technologies
03.2011 - 04.2013
Team Support Specialist
Barclays (Global Shared Services)
09.2009 - 03.2011
Senior Accounting Specialist
Clifford Chance (Operated as OSC Exports Services Pvt. Ltd in India)
11.2007 - 09.2009
AISSE X (CBSE) - undefined
New Convent Sr. Secondary School
AISSCE XII (CBSE) - undefined
New Convent Sr. Secondary School
Bachelor of Commerce - undefined
University of Delhi
CA (Inter or PE-II) - undefined
Institute of Chartered Accountant on India
Master of Business Administration - Finance
Symbiosis Institute