VANITA RAHEJA
Delhi
Summary
Senior finance professional with over 18 years of experience in various industries and geographies with proven track record of success in leading and growing organizations. Strong background in strategic planning, financial management and team development. Significant experience of working in complex matrix organizations having multiple reporting lines and diverse stakeholders. Effective working and decision-making abilities in uncertain situations. Experienced in managing large Business Support function including Financial Planning, Financial Accounting, Statutory Audit, Cash Flow & Working Capital Management, Financials Operations, Data analytics, P2P, RTR, OTC, Payroll review, Legal framework & compliance, Tax, Transfer pricing, GST, Banking operations, Risk & compliance, Administration, Logistics and IT.
Overview
23
23
years of professional experience
2007
2007
years of post-secondary education
2
2
Languages
Work History
CFO/Director Finance (Business Services)- India and ME
Swarovski India Private Limited
12.2020 - Current
- Working closely with organizational leadership and board of directors to align business strategy with financial and tax strategy.
- Responsible for managing statutory accounting under IFRS, treasury, tax, reporting, Legal, Admin and IT functions for India and Middle east market.
- Managing Direct Tax, Indirect Tax (custom and GST) and Transfer pricing compliance for Indian and global entities.
- Responsible for Financial planning for India and ME, Presenting MBR/QBR and annual review of performance highlighting potential business and tax risks and recent developments in market.
- Successfully established multiple retail stores under single brand retail trading, online platform and omnichannel.
- Managing business stakeholders, group stakeholders, external stakeholders, banks and government agencies.
- Single point of contact for legal matters of the company with support of regional legal manager.
- Formed strategy with the group to meet local sourcing requirement in the country.
- Supported management with new avenues of business which will maximize profit.
- Successfully transitioned finance work to GBS in Poland and Malaysia for P2P, OTC, RTR and credit management.
- Managing a team who is responsible for statutory accounting and various audits applicable in the regions.
- Overseeing performance of manufacturing unit in the country as an additional responsibility.
- Led budgeting process, collaborating with department heads to allocate resources strategically and ensure alignment with organizational goals.
- Enhanced cash flow management through the development of robust forecasting models, ensuring optimal liquidity for business operations.
- Ensured compliance with all regulatory requirements by staying current on industry developments and implementing necessary controls within the organization.
- Optimized working capital levels by closely monitoring accounts receivable/payable balances and taking appropriate actions as needed.
- Reduced operational costs by identifying areas for improvement and implementing cost-saving measures across various departments.
- Directed budget development, creation of budgetary controls and recordkeeping systems and investment management.
GM Finance India
Uniqlo India Private Limited
01.2019 - 12.2020
- Worked as part of management team in setting up the business as well as support function for the organization.
- Supported successful opening of first 6 stores over Delhi, NCR within 2 years.
- Acted as Head of finance and supported legal, logistics, loss prevention and IT.
- Devised and Implemented processes among various functions as per GBS.
- Monitored financial performance with set budgets and controlled expenses to provide financial stability and long-term organizational growth.
- Supported successful launch of E com launch in India.
- Managing relationships with various external government authorities for getting necessary approvals and orders in the benefit of the company.
- Devising strategy towards Intercompany transactions considering transfer pricing, customs and GST.
Country Compliance Manager / Finance Manager
IKEA India Private Limited
03.2015 - 12.2018
- Worked as part of CFO leadership team during the setting up phase of the company and handled multiple profiles as per requirement of the company.
- Built and led finance team for overall accounting, reporting and process control.
- Review and supervision of monthly, quarterly, and year-end closing of books of accounts in compliance with GAAP, IFRS and applicable laws.
- Managed various audits with internal auditors, statutory auditors, internal auditors.
- Compliance to Direct and Indirect tax laws.
- GST transition- Impact analysis, Process re-mapping, System transition.
- Development of Internal Financial Controls framework for the organization including development and assessment of various business processes.
- Manage Risk management process for the country by doing a walkthrough of processes with functional leaders and present to the CEO and CFO.
Senior Manager- Finance
BBC Global News India Pvt Ltd
08.2008 - 12.2014
- Responsible to Finance, Operations, Shared services in India and Singapore covering 6 legal entities and multiple business streams.
- Preparation of Financial Statements (BS/PL/CFS), consolidation of Financial Statements in compliance with IGAAP and applicable laws.
- Review and supervision of monthly, quarterly and year-end closing of books of accounts.
- Preparation of annual budgets and quarterly rolling forecasts.
- Coordination with External & Internal auditors and other consultants.
- Review of finance cases and post investment review for the company for any spend in India that needs an investment case.
- Defining and maintain internal controls to mitigate all financials, tax and business risk.
- Oversight and management of the provident fund trust, ERP (SAP) implementation- SPOC for the Finance Control team.
Tax Accountant
Mckinsey &Co.
07.2007 - 07.2008
- Worked as a part of Firm's Worldwide Corporate Tax team and was responsible for some of the Firm's entities in Singapore, Japan and Morocco.
- Detailed review of Accounts and finalization of financial statements of other entities of Mckinsey.
- Managing statutory audit and Tax audits and liaison with Auditors.
- Preparation of YOY comparison and reconciliations for internal control purposes.
Management Trainee
Tata Consultancy Services
09.2006 - 06.2007
- Detailed understanding of financial processes e.g Purchase to pay, Order to Cash, General Accounting & Reporting & Fixed Assets.
- Finalisation and consolidation of accounts of the company under US GAAP for reporting on a monthly, quarterly and annual basis within the restricted deadlines.
Articleship Trainee
01.2002 - 12.2005
Education
Chartered Accountancy -
Diploma in Information system Audit –DISA - undefined
B.Com - undefined
Skills
- Attention to Detail
- Effective communication
- Cross function collaboration
- Corporate Governance
- Change and Growth Management mindset
- Analytical and Critical Thinker
- Corporate leadership
Accomplishments
- Set up GBS for Swarovski and transitioned the work.
- Achieved EBIT targets despite of low sales numbers than budget.
- Managed to get clean order against old Tax litigation of 37M euros.
- Opened 20 Swarovski owned stores in 3 years. 6 Uniqlo stores in 1.5 years.
- Suggested and implemented new avenues of revenue.
- Managed to get BCAS license from Ministry of Home affairs.
Personal Information
- Date of Birth: 08/30/83
- Marital Status: Married
Timeline
CFO/Director Finance (Business Services)- India and ME
Swarovski India Private Limited
12.2020 - Current
GM Finance India
Uniqlo India Private Limited
01.2019 - 12.2020
Country Compliance Manager / Finance Manager
IKEA India Private Limited
03.2015 - 12.2018
Senior Manager- Finance
BBC Global News India Pvt Ltd
08.2008 - 12.2014
Tax Accountant
Mckinsey &Co.
07.2007 - 07.2008
Management Trainee
Tata Consultancy Services
09.2006 - 06.2007
Articleship Trainee
01.2002 - 12.2005
Diploma in Information system Audit –DISA - undefined
B.Com - undefined
Chartered Accountancy -
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