Swaminathan Iyer
Chartered Accountant
Mumbai,MH
Summary
Results-driven Chartered Accountant with over 10 years of diverse experience in corporate finance, audit, compliance, and taxation. Expertise in financial reporting, financial modeling, cap table valuation, fundraising, risk analysis, and strategic reporting empowers informed business decisions. Strong knowledge of banking, NBFC, fintech, and RBI regulations complemented by credentials from ICAI and IIM Visakhapatnam. Proven ability to optimize financial governance, ensure regulatory compliance, and enhance operational efficiency drives organizational success.
Overview
10
10
years of professional experience
2
2
Certification
Work History
Head of Finance
Fundly.ai (Ardour Analytics Pvt Ltd)
08.2025 - Current
- Lead finance and accounts function, reporting directly to CEO, with end-to-end ownership of accounting, compliance, and strategic finance.
- Oversee financial reporting, accounts payable/receivable, payroll, and statutory compliance in alignment with GAAP and regulatory requirements.
- Prepare valuation models for cap tables (Seed, Series A/B funding rounds), supporting equity dilution scenarios, investor negotiations, and long-term capitalization strategy.
- Develop and implement financial controls, accounting policies, and SOPs to ensure accuracy, transparency, and compliance.
- Drive budgeting, forecasting, and variance analysis to support strategic decision-making and business growth.
- Supported financial director with special projects and additional job duties.
- Partner with senior management on fundraising, investor relations, and capital allocation strategies.
- Support NBFC formation for fintech operations, including regulatory framework alignment, financial structuring, and compliance readiness.
- Manage tax planning and strategy to optimize liabilities and ensure timely compliance with GST, TDS, and income tax laws.
- Collaborate with auditors, lenders, and external stakeholders to ensure smooth audits and financial due diligence.
Financial Controller
RULOANS FINANCIAL SERVICES PVT LTD
08.2024 - 08.2025
- Company Overview: NBFCs favored for flexible lending, faster processing, catering to diverse credit profiles. Strategic fintech collaborations for wider reach like Payme, Agrify, Bima-Garage, Bryt Bazaar and others.
- Strategically design and implement financial insights—PAR analysis, ALM, Capital Adequacy, Collection efficiency, Vintage loans cuts, NPA Movement, Drawing Power limits, Fund Position, Stakeholders pattern, Cash Flow Statements, and Ratios—to drive informed decisions.
- Prepared financial model and CMA data, liaising with external agencies for debt and equity fundraising.
- Managed cash flow, liquidity, budgeting, and payroll, while ensuring timely vendor and partner payouts to maintain financial discipline and operational continuity.
- Monitor adherence to applicability and implications of accounting standards in case of revenue recognition, Asset classification and financial instruments.
- Coordinated end to end system controls in LOS & LMS to ensure data accuracy and improve operational efficiency.
- Managed timely submissions of key reports to regulatory bodies like QIS, NDS, DP Statement, NBNS, DBBS
- Represented the company as CFO in Corporate presentations and NBFC summit.
- Led internal and statutory audits ensuring full compliance.
Deputy Manager - Band II
ICICI BANK
08.2022 - 08.2023
- Company Overview: India's second-largest bank providing comprehensive financial services.
- Reviewed key control documents PAC notes, OG, SOP, Risk Control Matrix, WCGW analysis and ensured timely clearance.
- Conducted quarterly SOX Certification and evaluation of significant deficiencies in design and operations of Biz groups which are identified & reported as Internal Audit issues, Fraud cases and self-identified issues. Also reporting of automation of spreadsheets and IPE
- Executed ICOFR reviews and audit of balance sheet and profit & loss.
- Performed thematic review/audit for compliance in the audit of tagging of secured & unsecured assets as per schedule 9B to the balance sheet. It involved Accounting flow from loan origination stage upto balance sheet reporting through various systems like Finnone, ICORE, APS, iLens, RCAS & iDOCCS etc
- To walkthrough, Revenue recognition in form of Interest, Processing fees, Penal charges and income from financial instruments are classified as per IAS, INDAS and IFRS as applicable to the P&L & BS.
Finance Head
APHELION FINANCE PVT LTD
03.2020 - 08.2022
- Company Overview: An RBI-registered NBFC specializing in multiple loan products.
- Prepared essential documents such as CMA Projections and Due diligence Reports.
- Clients worked with Incred, Western capital, Eclear finance, AK Capital, MAS Finance, Usha Financial, Alwar general and other nationalized banks.
- Facilitated acquisition of Cash Credit, Term Loans, and more, augmenting financial growth
- Adherence to applications of IndAS in preparation and presentation of financial statements
- Managed seamless submissions of key reports to regulatory bodies and stakeholders.
- Led new software implementation (VEXIL), enhancing operational efficiency and accuracy
Quality Assurance Manager
ZIPGRID Co. Pvt Ltd (PROPTECH)
12.2018 - 03.2020
- Company Overview: A company revolutionizing property management for over 180,000 households.
- Led preparation of Annual Reports for Societies and Business Parks.
- Prepared financial analysis reports, budgets and Cash flow report.
- Provided comprehensive training to society managers, optimizing routine tasks, managing escalations, and ensuring effective reporting.
- Conducted internal audits and ensured compliance.
- Streamlined GST and TDS processes and oversaw reconciliations.
Senior Accountant
TAX KEY’S PROF’S FIRM
09.2017 - 10.2018
- Company Overview: Offers tax and accounting solutions to various organizations.
- Handled bookkeeping and financial records for multiple entities.
- Conducted internal audits effectively addressing auditor inquiries.
- Managed seamless transitions during GST implementation and optimize operational tasks.
Finance Executive
TOLANI SHIPPING CO. LTD
12.2016 - 08.2017
- Company Overview: A prominent player in the Indian Maritime industry.
- Entered precise journal entries for financial transactions in Navision.
- Handle payroll for officers and seafarers in Vesselmate software.
- Effectively communicated with captains, addressing ship status
Chartered Accountants’ Internship
V. VAIDYANATHAN & CO., CHARTERED ACCOUNTANTS
02.2012 - 10.2016
- Company Overview: A Mid-Size Chartered Accountants firm providing services to various types of clients.
- Conducted Internal and statutory audit. Prepared and presented financial statements including tax computation.
- Examined compliance with VAT, Customs, TDS and various statutes.
- Risk assessment, internal control efficiency & effectiveness, Stock audit, verify RPT cases, appropriateness of books of accounts.
Education
Chartered Accountant -
ICAI
05.2024
Post Graduation - Digital Finance & Fintech
IIM
06.2024
B.Com Graduation - undefined
C.H.M College
01.2012
Higher Secondary - undefined
New English College
03.2009
S.S.C - undefined
Sri Satya Sai Niketan School
03.2007
Skills
- ALM
- Financial Modelling
- Cap Table Valuation
- SAS - Internal controls testing
- Financial Reporting - GAAP & IndAS
- PAR analysis
- RBI compliance
- MIS & Vendor Management
- Payroll & Partner payouts
- SOX & Risk Assessment
- SAP
- Power BI & Tableau
- Finnone & ICORE
- GST & TDS
- Navision
- Audit
- Blockchain
Accomplishments
- Successfully led the implementation of SAS-GRC software at ICICI Bank, to perform walkthrough & testing of internal controls in compliance with CRAF.
- Completed ICICI bank - thematic review of retail loans & advances within 2-3 months, delivering key recommendations.
- Spearheaded impactful financial strategy presentations and reports, enabling strategic decisions. Led financial projections at AFPL & RFSPL, facilitating fundraises of up to ₹20 Cr.
- Achieved ₹100 Cr disbursement milestone in 365 days at Ruloans through strategic financial planning and execution.
- Excellence in Formation & Financial Strategy of NBFC
Certification
- Certification in IND AS, Investment Banking and Forensic Accounting, pursuing from Grand Thornton (GT)
- General Management & Communication Skills Training, conducted by ICAI.
- Management consulting Programme from Growth school mentored by Ms. Riya Chhabra (ex-McKinsey) and Mr. Ashwin Shetty (ex-Bain).
LANGUAGES
English
Hindi
Marathi
Tamil
Malayalam
Timeline
Head of Finance
Fundly.ai (Ardour Analytics Pvt Ltd)
08.2025 - Current
Financial Controller
RULOANS FINANCIAL SERVICES PVT LTD
08.2024 - 08.2025
Deputy Manager - Band II
ICICI BANK
08.2022 - 08.2023
Finance Head
APHELION FINANCE PVT LTD
03.2020 - 08.2022
Quality Assurance Manager
ZIPGRID Co. Pvt Ltd (PROPTECH)
12.2018 - 03.2020
Senior Accountant
TAX KEY’S PROF’S FIRM
09.2017 - 10.2018
Finance Executive
TOLANI SHIPPING CO. LTD
12.2016 - 08.2017
Chartered Accountants’ Internship
V. VAIDYANATHAN & CO., CHARTERED ACCOUNTANTS
02.2012 - 10.2016
B.Com Graduation - undefined
C.H.M College
Higher Secondary - undefined
New English College
S.S.C - undefined
Sri Satya Sai Niketan School
Chartered Accountant -
ICAI
Post Graduation - Digital Finance & Fintech
IIM
Hobbies and Interests
Chess, Music, painting and fitness.