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.• Implemented robust internal controls for finance operations and led ERP implementation efforts.• Specialized expertise in managing aeronautical concessions such as Fuel Farm and Cargo, involving significant Capex outflow. Proficient in formulating business strategies aligned with Airport Economic Regulatory Authority (AERA) framework to optimize returns for Noida International Airport and ensure competitive tariffs for passengers. Actively involved in new contract evaluations. • Proven ability to develop financial strategies and models for financing and regulatory tariff filing.

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.• Working Capital Management.

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 to accounting team for smooth closing of accounts, preparation of P&L and consolidation of other departments inputs which are Traffic numbers, Capex, Loan schedule etc.,• 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.• Variance analysis of budget vs actual and reporting the same to Management.• Preparation of Board meeting related presentation as well as providing analysis for Board Meeting.• Tracking of monthly operation metrics, analyzing the same and reporting it to management. • Monitored legal department efficiency related to agreement/contract closure and procurement department efficiency for PR closure.• Led special projects related to internal audit.

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. Also,Consolidated MIS P&L across entities.• 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.• Reported financial saving of T&M & BFSI verticals for India as well Philippines region to Senior Management based on operational performance, this involved tracking of Operational metrics against target and analysis of variance.

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