SURAJ DUGGAL
Summary
Dynamic finance leader with extensive expertise in Indian and US GAAP, specializing in strategic planning, cash flow analysis, and comprehensive reporting. Achievements include enhancing performance reporting accuracy while ensuring adherence to regulatory standards. Proven track record of effective audit management that fosters operational excellence and drives improvements in financial processes. Committed to advancing organizational financial strategies and promoting fiscal responsibility.
Overview
18
18
years of professional experience
Work History
AVP Finance
Big Language Solutions India Private Limited
08.2023 - Current
- Lead Budgeting, Planning and Forecasting, including strategic planning, cash forecasting and estimating cash inflows and outflows.
- Developed Business performance reporting including financial, management, flash/adhoc reports, KPIs, variance analysis MoM/QoQ/YoY etc.; monthly Consolidate Financials, project & strategy evaluation, cost benefit analysis etc.
- Treasury Management for India/US/UK/EU regions
- Lead G/L Accounting, including monthly provisions, reconciliation; Month-end close etc.
- Managed AR/AP, including ageing/reconciliation, cash application, realization from customer & vendor payments
- Managed financial due diligence (QoE) for M&A, ensuring collaboration with multiple stakeholders.
- Handled intercompany accounting and ensured accurate reconciliation of balances.
- Finalized Statutory & Internal Audits
- Implemented IND AS 115/ASC 606- Revenue Recognition; IND AS 116/ASC 842- Leases; IND AS 109/ASC 326- Current Expected Credit Loss (CECL)
- Oversaw Corporate activities & its financials, including reporting, consolidation of budgets & accounts
- Established accounting processes for US, UK, and EU regions, including migration from multiple Software/ERPs
- Managed Statutory compliances such as TDS, GST, ITR, Transfer Pricing, Scrutiny Assessments etc.
Financial Controller
ELI Research India Private Limited
10.2017 - 08.2023
- Managed Budgeting, Planning & Forecasting, including strategic planning, Cash Forecasting etc.
- Delivered Business performance reporting including financial, management, flash/adhoc reports, KPIs, variance analysis
- Managed Finance Operations including billing, cash collection, AR/AP
- Lead G/L Accounting, including provisions, reconciliation, revenue recognition/deferred revenue, month-end close
- Managed Intercompany accounting, including settling Intercompany balances; Loans/Investments in Associates/Subsidiaries
- Managed financial due diligence (QoE), including coordination with various stakeholders
- Statutory & Internal Audits finalization both for India & US region
- IND AS 115/ASC 606- Revenue Recognition, IND AS 116/ASC 842- Leases
- Oversaw Corporate activities & its financials, including reporting, consolidation of budgets & accounts
- Lead transition of accounting for 2 entities from US & Migration from Great Planes to Sage Intacct ERP
- Statutory compliances such as TDS, GST, ITR, Transfer Pricing, Scrutiny Assessments; Treasury Management
- Implemented Budgetary controls, coordinating with various departments, establishing responsibilities, comparing performance with budgets & establishing reasons for variances, leading to cost control
Head Finance & Accounts
Learning Links Foundation
06.2016 - 08.2017
- Created comprehensive budgets for client and donor proposal submissions.
- Oversaw Vetting document, PO, MoU, agreements; client reporting, variance analysis & audited project financials
- Oversaw G/L Accounting, Month-end close, including provisioning & revenue recognition; reporting, including BS, P&L, CFS
- Executed Planning/Budgeting of Revenue/Expenses, including variance analysis; monitoring project progress & reporting
- Managed Statutory compliances such as TDS/Service Tax, ITR, FCRA, Scrutiny Assessments & filing responses to ITO
- Maintained separate set of Books of Account for Local/Foreign contributions, Treasury Management; AP
- Finalized Audits, including Client, Internal & Statutory Audit
- Conducting Board Meetings, presented comprehensive financials, including getting resolutions passed & maintained minutes
- Implemented Monthly management reporting, Cost-Centre accounting to improve reporting
Manager Finance & Accounts & IT
Save The Children
09.2015 - 06.2016
- G/L Accounting, Month-end closing, including provisioning & revenue recognition; management reporting
- Managing Accounting for HO & all State Program Offices where various projects were executed
- Budgeting & Variance Analysis & Managing project-wise P&L of all the programs of the organization
- Statutory compliances such as TDS/Service Tax, ITR, FCRA, Scrutiny Assessments & filing responses to ITO
- Maintaining separate set of Books of Account for Local/Foreign contributions, Treasury Management; AP
- Liaising and coordinating with Auditors for finalization of audit, both Internal & Statutory Audit
Manager F&A, HR & Administration
NASSCOM Foundation
03.2014 - 09.2015
- G/L Accounting, Month-end close, including provisioning & revenue recognition; reporting
- Budgeting and Variance Analysis highlighting major variances
- Managing financials, including project-wise P&L of all the projects of the organization
- Client/Donor reporting, including quarterly and annual reporting to the donors
- Statutory compliances such as TDS/Service Tax, ITR, FCRA, Scrutiny Assessments & filing responses to ITO
- Maintaining separate set of Books of Account for Local/Foreign contributions, Treasury Management; AP
- Treasury Management; Vetting financial terms of agreements, evaluation of tender documents & POs
- Liaising and coordinating with Auditors for finalization of audit
- Conducting Board Meetings, getting resolutions passed & maintaining minutes
- A CSR arm of NASSCOM
Manager-Service Delivery
Astrian TS Consulting Private Limited (KPO)
10.2012 - 03.2014
- G/L Accounting, Month-end close; reporting, AR/AP; managing statutory audits
- Planning/Budgeting; advance tax projection; variances analysis; statutory payment & returns
- Profitability projection & analysis of upcoming store, vetting agreements, tender documents & POs
- Managing AP, including periodic vendor reconciliation, reviewing expense provisions, employee payments, deduction, payment of TDS etc
Associate Manager
Delhi International Airport Private Limited (GMR)
02.2008 - 10.2012
- Monthend close, incl revenue recognition/reconciliation (~INR 4K crore), accruals; reporting, incl BS/P&L/CFS
- Managing & Reporting Aero/Non-Aero AR (~1K crore), including from government airlines
- Regulatory reporting to MoCA, AAI & AERA
- Managing TDS & Service Tax related compliances
- Obtaining Lower Tax Deduction Certificate u/s 197 of the I.T
- Act etc
- Managing audits, including Statutory/Internal & those performed by C.A.G
- & Civil Aviation Ministry/AAI auditors
- Evaluating internal controls highlighting shortcomings and implementing necessary recommendations
- A subsidiary of GMR Infrastructure Ltd
- Certified Internal Assessor on completing “Business Excellence Assessor Certification Programme”, by Tata Quality Management Services & awarded “Certificate of Appreciation” by the CEO
- Reconciled Govt
- Airlines A/c to realize old dues
- Accomplished 100% AR A/cs recon for airlines/concessionaires
Audit Assistant
M/s S. Sarin & Co., Chartered Accountants
11.2006 - 01.2008
- Managed Audit Assignments, Bookkeeping, Finalization of Books and Taxation related work
- Filing of annual returns with R.O.C
Articleship Trainee
M/s A.K. Khurana & Co., Chartered Accountants
- Audits- Statutory, Tax & Internal including scrutiny of Internal Controls & preparation of IA Report
- Bookkeeping, IT Returns, Sales Tax/Service Tax Returns, Company’s Annual Returns, Stock Valuation
Education
Chartered Accountant (ICAI Membership # 510600)
Institute of Chartered Accountants of India
11-2007
B. Com -
P.G.D.A.V. College, Delhi University
Delhi, India01.2001
XII -
Cambridge School
Delhi, India01.1998
Skills
- Financial Management
- Strategic planning, Forecasting, and Variance Analysis
- Performance reporting
- Cash flow analysis
- Regulatory compliance
- Audits: Statutory, Internal, and Regulatory
- Operational management
- Operational leadership
Timeline
AVP Finance
Big Language Solutions India Private Limited
08.2023 - Current
Financial Controller
ELI Research India Private Limited
10.2017 - 08.2023
Head Finance & Accounts
Learning Links Foundation
06.2016 - 08.2017
Manager Finance & Accounts & IT
Save The Children
09.2015 - 06.2016
Manager F&A, HR & Administration
NASSCOM Foundation
03.2014 - 09.2015
Manager-Service Delivery
Astrian TS Consulting Private Limited (KPO)
10.2012 - 03.2014
Associate Manager
Delhi International Airport Private Limited (GMR)
02.2008 - 10.2012
Audit Assistant
M/s S. Sarin & Co., Chartered Accountants
11.2006 - 01.2008
Articleship Trainee
M/s A.K. Khurana & Co., Chartered Accountants
Chartered Accountant (ICAI Membership # 510600)
Institute of Chartered Accountants of India
B. Com -
P.G.D.A.V. College, Delhi University
XII -
Cambridge School
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