Nilay Patel Email & Phone Number

Mumbai Area, India

• Establish business KPI in line with group strategic goal, monitor & review deviation & drive performance by partnering with segment director.
• Budget planning, quarterly forecast, and governance call of three segments.
• Evaluate & Drive segments financial performance FTM & YTD, KPI etc. against target & forecast and flag concern and focus area required by business team.
• Drive and provide credit rating for prospective and existing clients.
• Review, Validate and Present (Bidding/RFP/RR) P&L for existing & new clients to segment director’s, finance director, CFO & CEO for their approval.
• Head credit controlling for three segments in India.

India

• Global Finance Controller of multi million Euro budget for global support functions operated in (US, EU, APAC, Australia) region.
• Prepare full year Opex & Capex budget & monthly forecast of 60+regions globally.
• Review & Reporting actual & variance to forecast & budget with management commentaries & justification on monthly & quarterly basis with country heads.
• Governance & Controlling: P&L Management, review & monitor entire operational cycle from P2P, R2R for each function.
• Consulting: Participating in driving various cost saving strategy with stakeholders for making informed decision to create value & efficiency.
• Support in validating business case, business planning, feasibility assessment and economic viability of projects for large capex & opex.

Aberdeen, United Kingdom

• Financial controlling for multi million pounds (£48M) global brown field projects and services contracts.
• Setting up WBS & ETC for project & service contracts. Preparing budget, forecast and support management & tendering team in its tendering activities.
• Reviewing, controlling and reporting actual & variance, estimate to complete, upside/downside, committed cost, revenue recognition, cost of quality, cash position, contribution, overhead, GR/IR status, financial.
• Month end close for SLS, Intercompany and Rental tool pool. Prepare various flash reports and consolidation for SLS business unit and MOR for senior management review & signoff.
• Assist in preparing hedging report for various currency contracts for global projects
• Achievement: automated & stream line the process with improved efficiencies in month close time and reporting. Improved revenue recognition forecast with realistic scenario testing in consultation with account manager.

Aberdeen, United Kingdom

• Support credit manager in due diligence, prepare clients risk profile and check them with internal credit matrix to make informed credit decision.
• Prepare multiple reports debtors, sales, cash, asset charge, write-off, provision, bad debts, and its sensitivity to business & adopted credit policy.

Aberdeen, United Kingdom

• Accounting for EU regions, actual reporting, invoicing, cash flow, maintain fixed asset register, run payroll, general entries, vat, credit control, MIS reporting.

Aberdeen, United Kingdom

• Consolidating & reporting departmental P&L and B/S for four business units.
• Cash management, cash & cost allocations, banking, reconciliation of ledgers, stock counting, payroll, and product cost/profit analysis.

Mumbai Area, India

• Portfolio performance vs benchmark return, calculated NAV of financial products in client portfolio.
• Business development, relationship management and product training.

Master'S Degree, Finance And Financial Management Services

Activities and Societies: Chartered Institute of Management Accountant

Bachelor Of Commerce - Bcom, Business/Commerce, General, B

Activities and Societies: Cricket, Video Games, Cultural Events, Sales Exabition

Bachelor'S Degree, Commerce

High School, General Studies