Akhil Sharma Email & Phone Number

Ras Al Khaimah, Ras al-Khaimah, United Arab Emirates

As CFO of Ras Al Khaimah International Airport, I lead a diverse portfolio of critical functions, including finance, accounting, controlling, treasury, procurement, contracts and strategy.

Noida, Uttar Pradesh, India

• Led finance and accounting, MIS, taxation, and regulatory departments, overseeing all financial operations.
• Provided in-depth analysis and financial reporting to top management, including monthly profitability reports and preparation of financial statements.
• Reviewed Ind AS and IFRS financials and managed statutory audits,and also supported financing initiatives for projects.
• Spearheaded strategy formulation for business models aligned with Airport Economic Regulatory Authority (AERA) framework to optimize returns for Noida International Airport and ensure competitive tariffs for passengers.
• Played a key role in evaluating procurement projects and led the controlling function, including budget preparation, variance analysis, and presentation to the leadership team.
• Developed financial strategies and models for financing and regulatory tariff filing, ensuring adherence to regulatory standards.

Ahmedabad, Gujarat, India

• Financials Planning and Analysis reporting (MIS) – monthly profitability report for the entire Adani Airports organization involving activities related to the accounting book review.
• Led accounting function of AAHL.
• Handling controlling function – Review of budgets of all airports, variance analysis - budget vs actual. Presentation of Budgets and financials to Leadership team.
• Supported in transition of Ahmedabad, Lucknow and Mangalore Airport.
• Led the project of cost optimisation for three airports.
• Led finance team for post merger integration for Mangalore Airport.

Bangalore

• Primarily responsible for analysis and financials reporting (MIS) – monthly profitability report for the entire organization which involves activities related to the accounting book review, seeking and providing inputs.
• Supported treasury team in raising fund of Rs 10,000 Crs. Rs 7500 Crs approval received as of Oct 2018.
• Worked on airport regulatory requirements such as Tariff determination exercise that led to increase in ARR by Rs 761 Crs in Tariff determination exercise by the Airport Economic Regulatory Authority.
• Prepared 30 years’ Strategic Business Plan used for Valuations, Fundraising and other requirements.
• Providing detailed analysis to Senior Management related to various line items of Revenues, Costs and Traffic (Passenger, ATMs and Cargo).
• Stakeholder management – handled financial and other queries of external stakeholders such as Government and private promoters.

Bangalore

• Prepared Project Profitability report for all projects in India and Philippines Geographies ($150 mn revenue per annum), this report was required for Project monitoring and performance evaluation perspective..
• Worked as Project Manager (led a team of 6 members, including external consultants) for automation of reporting of Firstsource financial MIS by implementing SAP – BPC tool.
• Improved project margins by 5% for few domestic clients by controlling the cost and negotiating the contract.
• Prepared the annual business plan and forecasts. Also provided all variance analysis for all projects operated from India as well as Manila geographies. Prepared Board meeting related analysis and presentation.
• Led a team, which took care of end to end responsibility of accounts for Philippines geography along with SG&A reporting of India region as well.
• Supported in Pricing and Commercial decision for Domestic clients for India Geography and Telecom vertical clients for Philippines Geography.

Chennai

• Set up the process for monitoring revenue and expenditure for business solutions centers.
• Supported Management in Cost Management and Monitoring initiative.
• Variance Analysis of Cost budget against actual.
• Prepared Annual Budget for Organization.

Master Of Business Administration - Mba

General Management

Jaiib