Summary
Overview
Work History
Education
Skills
Websites
Accomplishments
Additional Information
Timeline
Generic
Sunil Suresh Chhabria

Sunil Suresh Chhabria

Mumbai

Summary

Finance leader with 17+ years of expertise in FP&A, Budgeting/forecasting, working capital management, Capex control, financial reporting and transaction accounting across global organizations. Proven track record of optimizing liquidity, driving ERP/SAP S4 HANA transformations and enhancing EBITDA and cash flows. Experienced in managing cross-border teams, M&A due diligence and IPO readiness.

Overview

23
23
years of professional experience

Work History

Senior General Manager, FP&A

VFS Global Services Private Limited
05.2020 - Current
  • Budgeting: Streamlined entire budgeting process prepared at 3 different levels of consolidations reducing forecast variances significantly.
  • Controlling activities: Working with regional Finance Heads for tight vendor payments, capex controls and improved collections. Reduced delayed recovery provisions by 30%. Boosted liquidity by $5M and EBITDA by $4M. Monitoring in-house development of AI tools and systematic allocation of costs to individual tools.
  • S4 HANA migration: Currently leading S4 HANA finance transformation, automation of budgeting/forecasting, lender’s reports, Capex reports, etc.
  • Financial reporting: Monthly review of group financial statements, finalization of Board packs and reports for the PE Investors and lenders.
  • M&As: Partnered for M&A evaluations and due diligence. Aligning accounting policies of acquired entities with group’s policies.
  • Extensive use of AI tools in analysis and research on accounting topics. Usage of Macros to automate repetitive tasks.
  • Balance sheet review: Review of balance sheets of material entities to highlight and resolve key accounting issues.
  • Lead a team of qualified CAs fostering collaboration, IFRS training and performance excellence.

Manager – Financial Accounting and Advisory Services (FAAS)

Ernst & Young Associates LLP (Member firm of Ernst Young)
10.2014 - 04.2020
  • GAAP conversions: Led GAAP conversions including Ind-AS diagnostics, preparation of financial statements and impact assessments of Ind AS 115 and Ind AS 116.
  • Accounting opinion: Provided accounting opinions on complex arrangements (IFRS/Ind-AS), enabling critical business decisions in areas of fund raising, acquisitions, etc.
  • IPOs: Preparation of Restated financial statements in accordance with Ind AS and SEBI Regulations, managed PMO activities thereby handholding companies in their IPO journey.
  • Assessed Companies Act, 2013 and GST impact on accounting and reporting processes.

Assistant Manager - Assurance

Lovelock & Lewes (Member firm of Price Waterhouse Coopers)
11.2009 - 10.2014
  • Statutory audits, Tax audits, Group reporting and due diligence of companies belonging to wide range of industries eg: Polymers, Telecom, Facility management, Retail and Advertisements.

Executive - Assurance

Bharat S. Raut & Associates (Member firm of KPMG)
02.2008 - 10.2009
  • Statutory audits, Tax Audits and Group reporting of well-known companies in Chemicals, FMCG, Engineering and F&B sectors.

Manager - Audit

M/s R. K. Khanna and Associates (Chartered Accountants)
05.2007 - 02.2008
  • Led consultancy projects evaluating finance processes, statutory audits, and tax compliance.

Intern

M/s Sudhir Vora & Associates, Chartered Accountants, Bandra (W), Mumbai
08.2002 - 08.2005
  • Assisted in tax filings and statutory audits for SMEs.

Education

Chartered Accountancy -

01.2008

B.Com - undefined

Mumbai University
01.2003

Skills

  • Strategic Finance & FP&A
  • Budgeting & Forecasting
  • Working Capital & Liquidity Management
  • Capex Control
  • SAP S4 HANA Implementation

Accomplishments

  • Consistently rated ‘Exceed expectations’ at VFS Global for 5 consecutive years.
  • Promoted exceptionally to General Manager – Finance in current employment. Received ‘Champion of the month’ award in 2023.
  • At EY awarded twice ‘Client Champions’ for building and maintaining excellent client relationships, ‘Manager Excellence’ award for leading a team in an IPO engagement and ‘Best consultant award’ from a PSU client.

Additional Information

Currently pursuing CFO Leadership Program from Indian Institute of Management Calcutta.

Timeline

Senior General Manager, FP&A

VFS Global Services Private Limited
05.2020 - Current

Manager – Financial Accounting and Advisory Services (FAAS)

Ernst & Young Associates LLP (Member firm of Ernst Young)
10.2014 - 04.2020

Assistant Manager - Assurance

Lovelock & Lewes (Member firm of Price Waterhouse Coopers)
11.2009 - 10.2014

Executive - Assurance

Bharat S. Raut & Associates (Member firm of KPMG)
02.2008 - 10.2009

Manager - Audit

M/s R. K. Khanna and Associates (Chartered Accountants)
05.2007 - 02.2008

Intern

M/s Sudhir Vora & Associates, Chartered Accountants, Bandra (W), Mumbai
08.2002 - 08.2005

B.Com - undefined

Mumbai University

Chartered Accountancy -

Sunil Suresh Chhabria