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.• Drive & Partner with business to rationalization India days sale outstanding, cash flow planning, collections, AR reporting and publish various dashboards.• Partner in digital transformation project, implementation, measure, and report.• Collaborate with regional head Finance, Operation, Sales, Legal, Tax, HR, HSE etc.

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.• Engaging with various functional & regional VP for their budget, forecast and actual performance for operational review, management reporting.• Managed high performing team, standardize and streamline process to reduce cost, improve efficiencies in month close reporting & analysis. • Consolidation, Pyramid Analysis, Management -Review, Project setup & executions, valuation, team management and its performance. • Achievement: Developed high performing team, standardize, and streamline process to reduce cost, improve efficiencies in month close, reporting and analysis.

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 commentaries. • 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 and project managers.

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