Chitwan Achantani Email & Phone Number

Mumbai, Mh, In

Mumbai, Maharashtra, India

◙ Lead all the key FP&A processes like Corporate Budgeting, Forecasting, long term planning and Quarterly business updates such as QBRs, Financial reporting pack and presentation materials.◙ As a Business partner, Track, Review and Approve Operating and Capital investment spends, highlight trends, analyze causes of unexpected variance and recommendations for improvement.◙ Provide Cost estimates on monthly basis to plan cash flows and initiate proactive actions to mitigate material variances to plan.◙ Collaborate with Product heads to analyze, optimize and manage P&L for UPI, RuPay and other key products, influencing key business decisions and driving sustainable business growth.◙ Optimization of budgeting module within MS Dynamics 365 to improve budgetary controls, configured robust budgeting workflows, models and reporting dashboards incl. embedded Power BI reports.

Mumbai, Mh, India

◙ Managed all aspects of Management Reporting, including Budgets, Rolling forecasts and Actual while ensuring timeliness and accuracy. ◙ Preparation of various Management decks like board plan, MBRs and QBRs covering key P&L and operational KPIs across four Business units.◙ FX Analysis to capture the impact of various currencies with respect to USD. Create FX scenarios to assess the impact of each currency against soft/hard currencies.◙ Developed interactive Power Bl dashboards to visualize financial data, enabling real-time monitoring of key performance indicators (KPls) and facilitating data-driven decision-making.

Mumbai, Maharashtra, India

◙ Worked on Segmental profitability to identify most & least profitable business verticals & presented the actionable insights to business heads & other senior stake holders. ◙ Strategic plan and AOP development, Work on key region/customer initiatives to drive efficiency improvements. Provide Insights based on margins, fixed & variable costs.◙ Abridged Annual Report review - Industry Analysis of Top 10 AMC’s asset class wise expenses like R&T fees, brokerage, custody charges, mgmt & audit fees paid from schemes.

Mumbai, Maharashtra, India

◙ Prepare and analyze Financial statements, Profitability(P&L) reports, Cash flow statements, Balance Sheet (IGAAP), Condensed Financial statements (CFS).◙ Standard & Ad hoc reporting: Monthly Reporting responsibilities (such as Travel & Expense reporting, Revenue Analysis) and providing commentaries as on need basis to senior stakeholders.◙ Part of UAT team to test developments/use cases in SAP. Implementation experience of SAP Concur, from design phase to Go live (audit rules and SOPs).◙ Implemented ICAAP assessment with Risk team which included document preparation, policy wordings. Assessed Pillar-I and Pillar-II risks, reviewed mitigation measures and controls.◙ Capital Adequacy Ratio Calculations (CRAR, Basel II & III) - Complete oversight of Basel calculations using Standardized Approaches for Credit Risk as per the norms, end to end preparation of various reports and timely submission of RCA3/DSB template to RBI.

Mumbai, Maharashtra, India

◙ Prepayments on a monthly basis and posting entries in SAP. Refined profit centre and cost centre hierarchy structure in SAP to improve internal reporting in lieu of business requirements.◙ Liaise with Statutory & internal auditors during Audit activities to ensure every parameter is in line with expected results. Also developed new user-friendly P&L segment reporting and Management Expense reports for our JV partner.

Mumbai Area, India

◙ Calculation & Amortization of Brokerage as per industry guidelines. Engaged stakeholders to revise cost allocation methodology w.r.t accounting of brokerage.◙ Automated bank reconciliation process by implementing MT 940 framework in SAP ECC which considerably reduced recon time with almost NIL manual intervention.

Mumbai

◙ Based out of Head Office, I was responsible for Preparation of Flash reports which included Capital Budgeting, Stock Turnover analysis, Sales & Collection Analysis, Receivables/Debtors analysis; Capital employed showing increase / decrease in working capital MoM.◙ Scheme Liability: Calculating Channel/Brand/Branch/Division wise discounts offered and drawing up sales & discount comparison with trial balance.◙ Performed monthly & quarterly audits for 180+ Company’s run retail stores for financial reconciliations between physical and books stock & check store compliance of store managers as per company's SOP guidelines.

Ahmedabad

1 year Stint as Officer Trainee where I was trained in different profiles like Debtors Management, Account Payables, MIS reporting, Statutory compliance, Inventory management, Hyper market receivables, Vendor Management & Account reconciliations. Handled all the Dealers/Distributors/Vendors of Gujarat State.◙ Successfully managed to bring many Dealers & Distributors under Payment terms of the Company.◙ All the Outstanding issues of Hyper market chains were solved by performing rigorous reconciliations from time to time. ◙ Conducted regular Audits of Co Run Stores, Cash & Card Reconciliations, Inventory management of retail stores of Gujarat region.

Ahmedabad Area, India

◙ Worked on Project - Working Capital Management & Management Information Systems (MIS).

Master Of Business Administration - Mba, Finance

Bachelor Of Engineering - Be, Information Technology