Subhajit Behera

Work History

Finance Controller

Shell India Markets Private limited

05.2019 - Current

And IFRS certified professional with more than 7 years of hands on experience in controllership, managing end to end finance operation, delivering value by way of, optimization of export incentives, assessing Investment proposals, taxation, statutory audit and process improvement, also managing investment activities of pension fund worth $ 250 million
Resolved legacy issues of reporting corporate tax for at cost entity in statutory financial statement as part of review of local statutory financial of overseas entity
Controllership of local as well as overseas entities performing end to end responsibility of group reporting and Local statutory reporting, leading digitalization journey, driving process improvement etc
Led projects on export incentives, closely worked with external consultants on responding to Audit by Authorities & registration with trade associations for annual cash incentive of $ 5mn for a period of 5 years
Led projects for establishing end to end finance function in for new business entity, including ERP Enhancement, designing of finance process along with impact analysis external & internal compliance for Export & Import of services.
Accounting and Reporting:
Building cash flow projections, real estate investment proposals based on the latest estimate, and presentation to Senior stakeholders
Facilitated compliance with foreign exchange laws, local compliances, liaising with tax officials and consultants to drive operational efficiency
Business Partnering:
Taken over the role of lead contact for all matters relating to investment and compliance of retrial trust for investment $60 Mn pa ,setting of KPI ,alignment on operating process,
Supported Board of trustees on framing policies of investment, and active monitoring in secondary market for selection of appropriate investment which provides maximum yield to maturity, was also involved liquidation of default securities.
Supervised accurate, efficient and compliant completion of monthly financial reporting packages.
Managed budgets, assets, portfolios, accounts payable and receivable and general financial reporting procedures for annual P&L of $ 6.5Bn
Introduced internal controls to monitor critical areas of financial control and devise corrective actions to address risks or deficiencies.

Deloitte Haskins & Sells LLP. Chartered Accountants

10.2015 - 04.2019

Practiced Comprehensive audit approach of global accounting and auditing requirements, with leading listed companies in India
Review of the financial statements of significant components ensuring that the audit has been performed in accordance with the ISA standards and that the financial statements are in compliance with the IFRS and IGAAP
The review entails
Engaging in discussions around scoping of components
Brainstorming and developing responses for fraud risks
Engaging in discussions with components to develop and tailor audit responses to risks of material misstatements
Review of component financial statements and disclosures
Review of deliverables received from components
Process study and verification of internal financial control (IFC)
Review of the financial statements (standalone & Consolidated) prepared in accordance with IFRS / IGAAP
Reviewed consolidated financial results and statements of large conglomerates including overseas subsidiaries for compliance with SEBI requirements
Presented comparative variance analysis of consolidated financial statements to senior partners & stakeholders
Impairment analysis of Goodwill based on estimated future cashflow projections
Working knowledge in IND AS Implementation and reporting.

Summary

Overview

Work History

Finance Controller

Education

IFRS - International Financial Reporting Standard.

Chartered Accountant -

Skills

Timeline

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