Summary
Overview
Work History
Education
Skills
Languages
Timeline
Generic

Rishabh Lodha

Mumbai

Summary

Detail-oriented finance professional skilled in Business MIS, P& L reporting and variance analysis, budget management, and data reporting. Proven ability to deliver actionable insights that drive business performance.

Overview

13
13
years of professional experience

Work History

Business MIS and Management Reporting

JM Financial Services Ltd
Mumbai
09.2021 - Current
  • Prepared vertical P&L statements for business segments including broking, wealth management, and retail distribution.
  • Conducted P&L variance analysis for management and board reviews.
  • Analyzed data points in P&L, including lending books, broking volumes, yield and cost analysis.
  • Managed annual financial budgeting and tracked budget against actuals.
  • Compiled data for management reviews and board meetings.
  • Oversaw Ind AS 116 lease accounting for legal entities.
  • Executed reconciliation between vertical P&L and legal entity P&L and also calculated bonus eligibility for verticals and legal entity as a whole

Business Analyst

360 ONE Wealth
Mumbai
11.2018 - 09.2021
  • Served as executive assistant to co-founder and one of the regional heads for (360 ONE) IIFL Wealth.
  • Conducted sales reviews and prepared critical data points for analysis.
  • Managed demand and supply for focused products, including PE funds, REITs, and MLDS.
  • Tracked execution of these focused distribution products by sales teams.
  • Profiled clients to assess wallet sizes and reported insights to co-founder.
  • Monitored actionables from sales reviews and reported execution plan to co-founder by coordinating with sales team.

Business MIS

BNP Paribas Wealth Management
Mumbai
06.2018 - 10.2018
  • Handled weekly and monthly P&L for Indian wealth management business for BNP Paribas
  • Variances analysis and AUM analysis with insights on net new money flow to the business

Financial MIS

Kotak Mahindra Bank
Mumbai
09.2013 - 06.2018

1. Kotak Wealth Management (Dec 2015 - June 2018).

  • Worked with Kotak Mahindra bank’s Wealth Management segment as Associate Vice President in the Accounts and Finance Team.
  • Prepared monthly financial MIS for business head and top management, providing insights for strategic decision-making.
  • Coordinated with the FINCON team to close accounting books monthly for the Wealth Management business.
  • Preparation of Profit and loss analysis statements along with the variance analysis on quarterly basis for the Management Reviews.
  • Contributed to the Annual budget preparation team for Wealth Management.
  • Providing inputs to the top management in the form of various analytics on the financial performance of the business.
  • Revenue reconciliation with different vertical of the bank for wealth management vertical's revenue sharing arrangement with these verticals
  • Worked as a Business Analyst with the Strategy Team of Kotak Mahindra Bank’s Wealth Management segment and reported to the National Sales Head from December 2015 to September 2016.

2. Kotak Mahindra Bank - Internal Audit Division (Sep 2013 - Dec 2015)

  • Worked as a Senior Manager in the Internal Audit Department at Kotak Mahindra Bank Ltd
  • Handled various audit assignments as part of the audit team. Audited the wealth management and the lending segments

Education

Chartered Accountant - Audit And Finance

ICAI
Mumbai
11-2012

Bachelor of Commerce - Commerce

Thakur College of Commerce And Arts
Mumbai
03-2011

S.S.C - Schooling

Adarsh Vidya Mandir
Rajasthan
03-2006

Skills

  • Business MIS preparation
  • Data analysis and management reporting
  • P&L variance analysis
  • Budget preparation and management
  • Sales data analysis and working closely with top management
  • Ind AS 116 lease accounting
  • Problem solving
  • Attention to detail

Languages

English
Proficient (C2)
C2
Hindi
Proficient (C2)
C2

Timeline

Business MIS and Management Reporting

JM Financial Services Ltd
09.2021 - Current

Business Analyst

360 ONE Wealth
11.2018 - 09.2021

Business MIS

BNP Paribas Wealth Management
06.2018 - 10.2018

Financial MIS

Kotak Mahindra Bank
09.2013 - 06.2018

Chartered Accountant - Audit And Finance

ICAI

Bachelor of Commerce - Commerce

Thakur College of Commerce And Arts

S.S.C - Schooling

Adarsh Vidya Mandir
Rishabh Lodha