Jitan Anand
Finance Head
About
BRIEF OVERVIEW Chartered Accountant (India) & Cleared CFA (cleared all three levells of CFA) with experience of more than 14 years in Areas covering business control, budgeting, accounting and management reporting. Initiative driven individual having good technical & practical knowledge, Strong analytical & research skills with keen eye for detail and accuracy. An effective team player with an excellent leadership skills. Working Knowledge of IFRS and India GAAP. Excellent information systems proficiency, including ERP (SAP-R/3 FICO implementation), financial analytical & reporting Tools (ABS & Cognos), and MS Office. AREA OF SPECIALIZATION Accounts • Knowledge of accounting administration including in-depth understanding of all rules, regulations, processing procedures, record keeping methods and control systems • Excellent in preparing monthly, quarterly and yearly financial statements including balance sheet, account reconciliations and monthly working papers on timely basis. • Cash flow analysis and forecasting Budget & MIS • Managing the financial planning function ( budgeting & forecasting activities), and ensuring internal and external audit compliances • Providing insightful financial and management reporting to business leadership including variance analysis, defining business implications and suggested actions. • Strong analytical & critical thinking skills to determine best financial approach. Team Management • Demonstration of leadership skills in recruiting , training and managing people • Nurturing critical inter department relationships and building trust based relationship with team through effective communication. • Mobilizes resources through team members to drive continuous process improvement and deliver on commitments to both internal and external customers
India
Delhi
Apparel & Fashion
Microsoft Office, International Financial Reporting Standards (IFRS), Financial Forecasting, Generally Accepted Accounting Principles (GAAP), Analytical Skills, Microsoft Outlook, Forecasting, Sarbanes-Oxley Act, SAP, Accounting, Financial Analysis, Internal Controls, Project Finance, Financial Modeling, Budgets, Auditing, Financial Reporting, MIS, Business Planning, Finance
Experience

Finance Head
Reliance ritu kumar
Gurugram, Haryana, India
Heading finance

AVP FCNA device and distributio
Reliance jio infocomm
India

General Manager
Reliance jio infocomm
Mumbai, Maharashtra, India
RJio is new telecom operator with PAN India operations. It is subsidy of Reliance Industries. Currently Working as DG (Lead FC&A Devices Key Responsibilities – Responsible for PAN India devices pricing, Schemes payouts, claims management & monitoring of channel accounting Pricing of Devices (mobile, MiFi & other devices for JioBusiness) Pricing determination Managing pricing for different channel Channel scheme computation, disbursement & accounting including Price Drop Claims Devices Vendor account reconciliations NRV analysis Credit limit & AR management for the Distributors Monitoring PAN India devices billing

DGM - Finance
Gurgaon, India
Working as DGM, in Corporate Finance Team at Gurgoan. Responsible for Billing, Revenue accounting & Accounts receivable for PAN India operations. Key Responsibilities • Heading Billing & Revenue accounting operations with customer base of 5k active customers. • Responsible for Accounts receivable management (including credit management). • Current team size is 12 persons

Assistant Director
Working as Assistant Director, in Corporate Finance. Responsible for Finance & Accounting process setup, process automation (SAP), Channel Accounting and Shared Service Setup. Key Responsibilities • Oversee the team for designing & implantation of shared services setup (SSC) for centralizing the financial processes & Implementation of IFRS (IND AS). • Instrumental in automation of processes covering Identify, defining scope, document and implement the automation projects to ensure greater speed and accuracy of financial reporting. • Actively involved in monthly reporting covering key accounting processes – o Monitoring IGAAP Vs US GAAP reconciliation under parallel set of books in SAP o Monitoring of monthly closing calendar on PAN India basis, o Revenue Recognition, MIS reporting o Fixed Asset Closure & Reporting (including provisional capitalization & depreciation) o Supervising General Ledger accounting, Forex Accounting & Reconciliation Achievements • Automation of accounting processes (Revenue recognition, Prepaid Accounting, Centralized Accounts Payable, Multiple Ledger for IGAAP/USGAAP/IFRS Accounting), resulted in Centralization of activities, reduce manpower requirement by one-third (30 persons, save INR 24 million annualy) & speeding-up of monthly closing by 3 working days • Successful moved finance & accounting processes form legacy (standalone) system to ERP (SAP), more than 400 FI users, for this was nominated for star performer for 2010. (11 performers were identified from employee base of +4k employees) • Designed Finance Processes (Including SOP’s) relating to Accounts processes (AP/FA/GL).

Business Controller
Sony Ericsson is one of the leading global manufacturers of Mobile Handsets, (now fully owned subsidiary of Sony Corporation). Worked as Business Controller (designation Manager accounting), responsible for “Business Control & Financial Accounting” Key Responsibilities • Driving monthly and quarterly budget with various head of departments and executing of actions on negative variances. • Oversee financial statements that comply with IFRS and local statutory requirements. Direct the team for month-end closing process and ensure detailed multiple sets of books are maintained to accommodate legal entity statutory reporting • Drive cross functional compliance with controls whilst driving expense optimization, planning results • Instrumental in recruiting and training finance team with focus on deliverables and value-addition in a matrixes organization. • Strictly monitoring compliances (Direct & indirect tax / TP / Secretarial / Statutory Audit) Achievements • SEIN was newly incorporated entry, Started Accounting setup • Identification, designing & implementation of SOP’s & Internal controls. • Saved INR 10 million through cost optimization, on annual basis on manpower training cost.

Team Leader
Nokia is Global leader in manufacturing of Mobile Handsets. Worked as Team Leader AP, lead Accounts payable for Pan India operations for two companies’ i. e Nokia India (Mobile) and Nokia Siemens Networks. Key Responsibilities • Managed Accounts Payable (approx. 15k transaction p.m.) for Domestic & International Payment in compliance with Various statutory law applicable • Cash management across India (more than 20 locations, including offices & field project offices) • Carved out Nokia Siemens Network Accounts payable from Books of Nokia India, in line with International Restructuring agreement

Financial Analyst
Worked in Reliance Communications at Various roles & responsibilities, from planning to operations.. Manager Accounts - Accounts payable & general accounting for Delhi Circle. Key Responsibilities o Vendor & Employee payments o General Ledger Accounting & Monthly Closing Financial Analyst - International Business Development (IBD), Key Responsibilities o Evaluation of Investment proposals. o Prepare Financial Models for opportunity evaluation Achievements o As part of Flag Falcon project team, finalize Vendor for Turnkey project worth USD 400 Mn. o Prepared Business Plan for 2nd Mobile License Bid in Maldives (bid worth USD 35 Mn) Zonal Commercial Head - Headed Commercial operations for Rohtak Zone (Haryana). Key Responsibilities o CAF Management (Customer verification, Services provisioning and inventory management) o Collections Management. (including Banking, collection agency and legal cases) Achievements o Established Commercial & Collection infrastructure;

Financial Analyst
Ranbaxy Laboratories Ltd
Worked as Associate in “Regional Finance division - APAC”, Involved in Budget Preparation &, MIS. Also participated in Cost optimisation project CRUSOE
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