Riugved Rane
Mumbai
Summary
Seasoned Financial Management professional with proven expertise in accounting processes, systems oversight and compliance reporting. Knowledgeable about AP/AR, contract administration, budgeting and all other aspects of successful financial operations. Talented team builder and supervisor with expertise to develop and maintain consistent, accurate, and legal accounting structures.
Overview
9
9
years of professional experience
Work History
Finance Manager
Interactive Avenues Private Limited
Mumbai
08.2022 - Current
- Preparation of financial forward plans, annual budget, quarterly revision of annual budget and reporting of the same to management and regional control team of significant trends and variances.
- Provide regular updates on company performance and financial metrics to management, group CFO and regional control team.
- Ensure compliance with regulatory requirements and financial reporting standards as per the regional control team.
- Oversee financial activities including month-end closing.
- Established and maintained productive work relationships with finance teams of other IPG agencies across different markets and regions.
- Handled audits such as SOX audit conducted by regional control team, internal audit, compliance audit and IT audit.
- Responsible for budgeting and purchase of capital assets.
- Experience in working on Oracle EPM workspace for monthly and quarterly reporting.
- Responsible at IPG Mediabrands level for the deployment of new FP&A tool to be deployed by IPG global by the end of this year.
Finance Manager
Kinesso India Private Limited
Mumbai
06.2021 - 08.2022
- Prepared financial forward plans, annual budgets and quarterly revisions of annual budget post identifying significant trends and variances.
- Handled financial planning and analysis, management
accounting, billing and revenue forecasting. - Evaluated finances to assess budget and controls and identify
areas for improvement. - Controlled expenditure, oversaw recordkeeping and monitored
compliance with standards. - Experience in working on Hyperion (EPM workspace) for monthly and quarterly reporting.
- Prepared MIS and financial reports for senior leadership team.
Co-ordination with overseas finance team of various markets to ensure smooth functioning of various financial aspects. - Managed accounts payable and receivables, raising invoices,
reconciling accounts and processing cash transactions. - Responsible for monthly closing of financial books.
- Established and maintained productive work relationships with
finance team of various IPG agencies across different markets. - Handled audits such as SOX audit conducted by Regional Control Team, internal and compliance audit.
Finance Manager
Interactive Avenues Private Limited
Mumbai
02.2019 - 05.2021
- Prepared financial forward plans, annual budgets and quarterly revisions of annual budget post identifying significant trends and variances.
- Handled financial planning and analysis, management
accounting, billing and revenue forecasting. - Evaluated finances to assess budget and controls and identify
areas for improvement. - Controlled expenditure, oversaw recordkeeping and monitored
compliance with standards. - Experience in working on Hyperion (EPM workspace) for monthly and quarterly reporting.
- Prepared MIS and financial reports for senior leadership team.
Co-ordination with overseas finance team of various markets to ensure smooth functioning of various financial aspects. - Managed accounts payable and receivables, raising invoices,
reconciling accounts and processing cash transactions. - Responsible for monthly closing of financial books.
- Established and maintained productive work relationships with
finance team of various IPG agencies across different markets. - Handled audits such as SOX audit conducted by Regional Control Team, internal and compliance audit.
Accounts Officer
Adfactors Public Relations Private Limited
Mumbai
12.2017 - 02.2019
- End to end review of monthly receivables from the financial
aspect. - Analysis and preparation of report for weekly and monthly review meetings.
- Preparation of debit notes for the clients for the expenses
incurred on their behalf. - Reporting of the cash inflows & outflows and preparing the
reports of the same. - Verifying the contract details such as general terms and
condition, fees, scope of services, special terms and conditions, etc.
Assistant Manager - Finance and Administration
Fazlani Altius Business School Private Limited
Mumbai
05.2017 - 12.2017
- Assisting senior finance manager in tasks like billing invoices.
- Attending day to day technical finance requests.
- Managing cash flows and supervise over the financial
transactions. - Assist the senior manager to obtain financial data from several
sources. - Preparation of budgets and projections.
Accounts Executive
IITian's PACE Education Private Limited
Mumbai
04.2016 - 04.2017
- Accounts Payable
- Review and verify invoices for appropriate documentation
- Check and process vendor invoices.
- Reconcile vendor statements and correct discrepancies.
Maintaining files and documentation thoroughly and accurately, in accordance with company policies. - Auditing of accounts of various centres and co-ordinate across
canters for keeping the numbers up to date. - Preparation of MIS to keep the higher management updated.
Intern
Siemens Limited
Mumbai
01.2016 - 03.2016
- I undertook project internship while perusing Masters in Management Studies / MBA.
- Project Title: Export Sales and Receivables Management in
Siemens Ltd. - The objective of the project was to study the Export Finance and Export Procedures in Siemens India. The study also involved extensive study of Debtors Management in Siemens India.
Intern
Larsen & Toubro Limited
Mumbai
05.2015 - 07.2015
- I undertook project internship while perusing Masters in Management Studies / MBA.
- Project Title: Working Capital Management in Larsen and Toubro Ltd.
- The objective of the study was to analyze the various
components of working capital and to study how the financing of working capital is done in Larsen & Toubro Limited along with analysis of the operating cycle of Larsen & Toubro Limited.
Education
Masters in Management Studies - Finance
Dr. V.N. Bedekar Institute of Management Studies
Mumbai01-2017
Skills
- Financial Management
- Financial Budgeting & Forecasting
- Financial Analysis & Reporting
- Analytical Skills
- Strategic Planning
- Performance Analysis
- Financial Risk Assessment
- Fluency in written & verbal communication
- Proficient in Oracle EPM Workspace & Tally
Timeline
Finance Manager
Interactive Avenues Private Limited
08.2022 - Current
Finance Manager
Kinesso India Private Limited
06.2021 - 08.2022
Finance Manager
Interactive Avenues Private Limited
02.2019 - 05.2021
Accounts Officer
Adfactors Public Relations Private Limited
12.2017 - 02.2019
Assistant Manager - Finance and Administration
Fazlani Altius Business School Private Limited
05.2017 - 12.2017
Accounts Executive
IITian's PACE Education Private Limited
04.2016 - 04.2017
Intern
Siemens Limited
01.2016 - 03.2016
Intern
Larsen & Toubro Limited
05.2015 - 07.2015
Masters in Management Studies - Finance
Dr. V.N. Bedekar Institute of Management Studies
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