Darshit Vora Email & Phone Number

Mumbai, Maharashtra, India

• Actively participated in the equity (convertible note) as well as debt fund raising activities of the group.
• Leading the Board meeting for the purposes of the presentation & the adoption of the Audited financial statements.
• Presenting to and discussing with the founders, board, investors etc. about monthly MIS, Balance sheet & Cash Flow.
• Negotiating with the fintechs, banks, VCs, lenders, regarding ROI, tenor, limits, moratorium, collateral, fees etc.

Mumbai, Maharashtra, India

• Working as Finance Controller of ZETA, modern banking tech company, a Soonicorn then which is a Unicorn now.
• Participated in global fund-raising activity which provided the unicorn status to the group, finance & legal due diligence, providing the data for the global valuation exercise, overseas equity issuance to the.
• Participating in the projects of Demerger, Merger, global restructuring, capital reduction, investor entry & exit, acquisitions,
• Leading the projects relating to the valuation of demerged undertaking, the resulting company & calculation of Swap ratio, valuation of the ESOPs, valuation of the joint ventures and the overseas investments, valuation.
• Group consolidation of the financials as per IFRS, calculating goodwill/ capital reserve on acquisition, FCTR, IC elimination etc.
• Investors’ & stakeholder management, preparing, discussing & submission of the monthly MIS to investors & shareholders, managing the working capital & CAPEX. Oversee monthly P&L & variance analysis, oversee & develop.

Mumbai Area, India

• Working as Finance Controller of the company in Service sector, having business with 1000+ PAN India clients
• Preparing Budgets/ Forecasts for all the LOBs and analysing variances in Revenue & Margins on monthly basis
• Helping management with Profitability, ROCE (Return on Capital Employed) & Cash flow analysis of new business proposals.
• Designing & Automation of the Reports- Profit/ Client wise Actual Vs Budgeted Revenue for all LOB (Line of Business)
• Migrating and managing the day-to-day accounting & monthly MIS post the acquisition of the company in the U.S.
• GST & SAP Implementation of all verticals of company, considering that business deals with huge number of clients & vendors.

Mumbai

• Actively participate in formulating Long Term business strategy, annual financial planning & Budgeting
• Prepare monthly dashboard of Revenues & Gross Profit, sensitivity analysis to factors like volume, rate, working capital etc.
• Prepare & coordinate for budgets, monthly result meetings, special analysis, company secretary & audit reports.
• Defining the Value Drivers, Cost optimisation & ROI matrix for the business, to facilitate the decision-making.
• Working as Head of Department (HoD) of Finance Shared Service Centre that is servicing:10 countries for Purchase ledger- US, Hongkong, Singapore, France, Japan, Germany, India, South Africa, Mexico, Canada10 countries.
• Managing a team of 30+ employees- including 2 managers & 3 Team leads.

Mumbai Area, India

• Spearheading a gamut of tasks as an Advisor to Managing Director of India & Group Finance / Tax Heads in USA, on key financial and strategic decisions of the company
• Implemented Hyperion- budgeting tool, prepared Annual budget & forecasts in Hyperion, reported monthly results.
• Develop & direct the insurance & legal risk management of the region.
• CFO Certification of regional financials, regarding internal controls & its effectiveness, as per SOX requirements
• Overseeing finance, cash flow, working capital & CAPEX requirements, handling FX conversions at market rates, liquidity management & short-term deposits deployment to earn interest.
• Managing proper accounting & book-keeping including preparation of statutory financial statements, monthly management accounts and annual tax accounts, as per US GAAP and as per IGAAP requirements

Mumbai Area, India

• Role:
• Collaborated with the Global management teams to ensure that the Business plans/ Forecasts are prepared, approved and analysed on month-on-month basis, for achieving the Revenue & the Margin targets
• Establishing, maintaining & ensuring effectiveness of Internal controls to ensure SOX compliances and reporting
• Key driver of accounting of sales & account receivables (AR) of the Dubai entity, handled expenses & account payable (AP) of Hong Kong, Malaysia, Poland & Panama entities
• Supervised finance, accounts & compliance matters of Export Entity & Domestic Entity in India
• Generated MIS, budgets & managed fund flow of Indian entities

Mumbai Area, India

• Role:
• Steered activities related to finalisation of various dividend deal related matters with the clients
• Handled reconciliation of payments with the certification of the deal, reconciling branch & client accounts
• Finalized IPO refund deal related matters with merchant bankers, lead managers, correspondent banks, registrar & transfer agents, printers, etc.
• Executed calculation of monthly returns on deal related to service income
• Prepared reports depicting monthly service tax liability & input credit for the department

Chartered Accountant (Ca), Accouting, Taxation

Cfa, Forex Accounting, Risk Management, Portfolio Management, 1St Grade

Bachelor Of Commerce - Bcom, Accounting, Taxation, 1St Grade

10Th Class (Metric), Maths, 1St Grade