Umesh Maheshwari
Chartered Accountant
Pune
Summary
Bringing over 10 years of experience in finance and accounting, I deliver exceptional financial performance, strategic planning, and leadership to drive organizational growth and profitability. Possessing a professional degree from the Institute of Chartered Accountants of India and a Diploma in IFRS from ACCA, currently pursuing the ACCA professional course. Skilled in SAP, with expertise in IPO, financial reporting, FP&A, accounting, IndAS, IFRS and Local GAAPs. Experienced in cost optimization, automation initiatives, due diligence, process improvements, budget management, forecasting, and strategic financial insights. Strong English communication skills further enhance ability to excel in any professional setting.
Overview
13
13
years of professional experience
14
14
years of post-secondary education
2
2
Languages
Work History
General Manager
FirstCry (Brainbees Solutions Limited)
01.2023 - Current
- Actively involved in the entire IPO journey of FirstCry, including finalization of DRHP, preparation and review of restated financial statements, ICA certificates, MD&A, use of proceeds, and business section, while working closely with investment bankers and legal advisors.
- Led quarterly financial reporting processes, including gross margin analysis, segment-wise performance reviews, and preparation of board presentation decks; regularly participated in performance reviews with the CEO and group CFO.
- Headed the financials and consolidation team, managing end-to-end audit and reporting for over 35 subsidiaries (including 5 foreign entities), ensuring timely completion of statutory audits, tax audits, and regulatory filings (XBRL at MCA).
- Managed comprehensive FP&A activities, including preparation of budgets and forecasts, development of financial business models, conducting variance analysis, and delivering data-driven insights to support strategic decision-making; collaborated with the founder and CFO of Globalbees to resolve complex accounting matters such as purchase price allocation, intangible impairment, financial instruments, and derivatives across 23 entities.
- Played a strategic finance role for a manufacturing subsidiary as investor representative, while also overseeing financial operations, compliance, and performance evaluation of two international subsidiaries.
- Provided critical insights to the CFO during M&A transactions by analyzing pre-deal due diligence reports, transaction structuring, and financial statement impact.
- Led several cost optimization and business process improvement initiatives including capex evaluation, logistics cost reduction, store payback analysis, and automation of consolidation and lease accounting systems.
- Maintained oversight on large-value operational expenditures including trade and foreign payments, while implementing strong internal controls to ensure accuracy, compliance, and financial discipline.
- Ensured full compliance with Ind-AS and IFRS standards, ODI regulations, SEBI LODR requirements, and RPT disclosures; hands-on experience with Ind-AS 109, 115, and 116, along with support in transfer pricing studies and direct tax matters.
Deputy Manager - Statutory Audit
Deloitte Haskins and Sells LLP
03.2017 - 03.2019
- Leading teams of 3-6 members to manage statutory audits of listed clients in technology and manufacturing exceeding 1000 crores turnover.
- Worked on the key areas in financials, i.e. Revenue, purchase, inventory, ECL, derivatives and subject matter expert of Icount for Pune location.
- Gained exposure in group reporting assignments and tax audits of manufacturing group listed outside India.
- Team lead in a transnational audit assignment thereby gaining vast knowledge in IFRS and IndAs.
- Analysed the internal controls for companies by reviewing design of the operations and verifying the effectiveness over its key processes.
- Gained exposure in IFRS while leading group reporting of a manufacturing company.
Business Analyst- SAP Finance
Tata Consultancy Services
05.2016 - 02.2017
- Worked on developing, implementing, maintaining, configuring functions and workflow to facilitate SAP ERP integration for finance function for Jaguar Land Rover (JLR).
- Assisted team in improving process and developing scalable solutions, which has enabled me for best approach / practise on SAP ERP.
- Extensively worked on SAP finance and controlling module including working on data tables.
CA Trainee
PKS and Associates
10.2012 - 10.2015
- Assisted in preparing financial statements and implementing internal controls to ensure accuracy and compliance.
- Independently handled tax audits, returns filing, and statutory audit submissions for banks and cooperative societies
Education
ACCA - UK -
Associate of Chartered Certified Accountants
01.2022 - Current
ACCA - Diploma in IFRS -
Associate of Chartered Certified Accountants
01.2018 - 12.2018
Chartered Accountant - Accounting and Finance
Institute of Chartered Accountants of India
Jaipur 01.2011 - 12.2015
Bachelor Of Commerce - Accounting
Commerce College, Rajasthan University
Jaipur 06.2011 - 07.2014
Higher Secondary School Certificate -
Rajasthan Board
04.2010 - 03.2011
Secondary School Certificate -
Rajasthan Board
04.2008 - 03.2009
Skills
Financial Reporting
FP&A
IndAs and IFRS
IPO Process
SAP
Audit
Budgeting and Forecasting
Business Process and Controls
Automation Initiatives
Cost Optimization
Timeline
General Manager
FirstCry (Brainbees Solutions Limited)
01.2023 - Current
ACCA - UK -
Associate of Chartered Certified Accountants
01.2022 - Current
ACCA - Diploma in IFRS -
Associate of Chartered Certified Accountants
01.2018 - 12.2018
Deputy Manager - Statutory Audit
Deloitte Haskins and Sells LLP
03.2017 - 03.2019
Business Analyst- SAP Finance
Tata Consultancy Services
05.2016 - 02.2017
CA Trainee
PKS and Associates
10.2012 - 10.2015
Bachelor Of Commerce - Accounting
Commerce College, Rajasthan University
06.2011 - 07.2014
Chartered Accountant - Accounting and Finance
Institute of Chartered Accountants of India
01.2011 - 12.2015
Higher Secondary School Certificate -
Rajasthan Board
04.2010 - 03.2011
Secondary School Certificate -
Rajasthan Board
04.2008 - 03.2009
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