General Manager, Corporate Finance | Vodafone Idea (Vi)| Mumbai
- Owner of Vi’s Network Capex & Opex Budgets of ~ Rs.25,000 crores for FY23 & FY24
- Designed monthly/quarterly business plans to track the actual performance against the budget and analyzed variances, evaluating corrective measures to be taken for any major departures
- Authorized fund allocation to capital intensive projects through detailed cost-benefit evaluations of business strategies to improve long-term profitability
- Benchmarked industry KPIs such as subscriber base, ARPU, tower count and data capacity to facilitate customer acquisition, sales forecasting and pricing strategy decisions
- Developed cashflow models to forecast working capital requirements and facilitate decisions for foreign exchange and treasury management
- Facilitated Vi’s ‘Digital Transformation’ from SAP ECC to SAP S4 HANA for the FICO module as the SPOC from the Corporate Finance Team
- Evaluated the implications of the divestiture of Firefly Networks (Vi's B2B Joint-venture with Bharati Airtel) from a strategic perspective
- Led a project to review Low Utilization Towers across 22 circles, resulting in annualized savings of ~$10 mn
- Headed a cross-functional team to overhaul Vi's 'Energy Cost Provision Policy' - resulting in reducing the fluctuations of Energy Cost Provisions on Company EBITDA by ~6%
Manager, Assurance Services | Ernst & Young India (S.R. Batliboi & Associates LLP)| Mumbai
- Experienced in working with diverse clients across information technology, consulting, software development, broadcasting, media & entertainment, advertising, market research, web-publishing, logistics and e-commerce sectors.
- Successfully completed 50+ statutory audits (Financial Statement, Taxation, Transfer Pricing)
- Designed risk-based audit strategies and effectively balanced budgetary and resource constraints in execution, while ensuring adherence to global quality standards
- Experienced in stakeholder management; providing the Board of Directors, Audit Committee(s) and institutional investors (including PE/VC firms) with audit findings and recommendations in a timely manner
- Advised clients on complex accounting (First time adoption of IND AS, and the applicability of IND AS 15, 16) & regulatory matters (The Companies Act, 2020, CARO, 2020, GST), and their impact on businesses from a financial stand-point
- Brought in revenues of ~$200k to the firm through
- cross-selling consulting services by leveraging strong existing client relationships, and
- business development initiatives targeted toward new clients
- Improved margins by 8% on 3 audit engagements by reducing ~200 manhours through the use of EY’s proprietary data analytics and AI tools
- Collaborated with other in-house teams such as Valuations, Taxation, Information Technology and Forensics specialists to deliver comprehensive, 360-degree solutions to clients
- Conducted 200+ hours of technical and sector-specific training programs for seniors and staff