RASHMI JAIN

Financial Planning & Reporting

• Help develop and implement annual company strategies and budgets by analyzing the required MIS.
• Examine monthly MIS at the brand and channel levels.
• Prepare financial KPI presentations for MBR Deck on a monthly basis.
• Support the formulation of short / medium / long term business plans (Five year Plan)
• Track all essential matrix like revenue , discount , leakages , Profitability analysis , Contribution analysis , category Mix
• Help Business Finance in Preparation of Bottom up planning & Forecast with alignment with Business Head

Tech Automation

• Working closely with the tech team in developing and launching new products or features that meet the needs of the organization .
• Identifying deficiencies in the existing system and working to improve the same.

Commercials & Operations

• Assisting the warehouse team in managing day-to-day operations and addressing operational incidents as promptly as feasible.
• Offline Sales Channel (MBOs and NF Store) Operation Support, including Invoicing, Post Sale Discount Working, Payment Settlement Calculation, and Handling Issues During Transit
• Assist the business team with the purchase of imported items, including managing C&F agents, verifying documents, coordinating shipments, dealing with E-way Bills, and calculating the landed cost of imported goods.
• Commercial Negotiation Support for Businesses in the Case of New Sales Channels, Unit Economics, and Agreements

Review, develop and strengthen business processes

• Develop and implement processes commensurate with size ,scale ,complexity and per business need.
• Constant review of processes to improve efficiency ,controls & support Business
• Interaction with all cross-functional leaders, as well as assistance and direction for overall effectiveness

• Spearheading GST for 21 locations in India with a team of 13 members & 43 GST Registrations for Nykaa E Retail Pvt Ltd & Group Companies viz FSN Ecommerce Ventures Pvt Ltd (Parent Company), FSN Brands Marketing Pvt Ltd, Nykaa KK Beauty Pvt Ltd, Nykaa Fashion Pvt Ltd
• Leading the implementation of GST and transition at Pan level
• Performing the GST Impact Analysis of sales/purchase and export /import transactions and preparing internal department for changed procedures
• Managing RCM scenarios, import of services, export of services & job work procedures
• Developing various MIS for Indirect Tax i.e. ITC movement & refunds
• Conducting programs on GST and return filings and record maintenance in all units.
• Checking sales & purchase record with accounts and arriving final liabilities
• Processing payments and filing monthly /quarterly / annual returns (i.e., GSTR-3B, GSTR - 1 and GSTR-6, GSTR-8, GSTR-9)
• Verifying GSTR - 2A data and making follow-up with customers those who are not filed the returns
• Verifying ISD input details and filing of returns. Preparing ISD distribution invoices.
• Verifying customer aging reports and informing the concerned for payment processing
• Handling GST auditors and responding to departmental queries and notice

Audit Management Accounts & Finance Management

Indirect & Direct Taxation

• Prepare Working & Payment of Taxes i.e. TDS, Advance Tax, GST, VAT, Service Tax, P.T., P.F., Self-Assessment Tax
• Filing of Returns i.e. TDS, GST, Income Tax of individuals, firms & companies
• Assisting and Documentation in submissions for Income Tax assessment / Service Tax / TDS/ GST / Demands related issues & Scrutiny notices.
• Ensure forwarding all the Compliances Report within the timeframe stipulated in acts / laws.
• Preparation of Cenvat (Input Credit) registers & reconciliation with GSTR 2A
• Interacting with Big4 for various tax matters
• Handled search case u/s 132 & Assessment Proceeding (Block Assessment) of the same.
• Plan and coordinate for financial audit with Internal & external auditors and ensure completion of audits within agreed timelines.
• Coordinate with various functions to provide audit support & evidence to internal & external auditors
• Assess compliances, noted during the Audit by the Auditors.
• Initiate necessary corrective actions to address the compliance issues.
• Review the draft audit report before finalization
• To conduct accounting reconciliation of revenue expenditure.
• Receivable reporting dues and over dues, tracking sticky debts, and appropriate measures for non- payers. Need to work in close coordination with sales and marketing
• To manage day to day operations of Bank accounts & monitor payment of vendors etc.
• Processing of payments to Vendors, consultants, and staff. Creditors aging and ledger confirmations of the balances
• Provide and support input into the end-to-end control and ownership of legal entity balance sheets for the division supported
• Drive the monthly financial close which entails analytical review and sign off of the balance sheet, profit and loss accounts for entities
• Perform the month end close process including but not limited to revenue recognition checks, debtors aging along with provision review, intercompany & related party balance confirmation
• Managing the entire accounting functions up to the Yearly finalization for presenting a true and fair view of the year-ending financial statements
• Weekly MIS to promoters on budget forecasting, Cash Flows & Fund Flows, Growth of project, Variance Analysis etc.
• Legal formalities related to company incorporation preparation and filling of forms and other ROC compliance matters
• Filling of Form 15 CA/CB for Foreign Remittance.
• Supervising the financial performance to ensure no leakage of revenue & maximum utilization of resources.
• Assisting in Investment/withdrawal of Funds
• Monthly BRS