Nitin Karekar

Results-driven finance leader with 14+ years of diverse experience across Real Estate, Hospitality, and Sugar Industry. Proven expertise in financial strategy, regulatory compliance, taxation, budgeting, and operational excellence. Strong track record of optimizing financial processes, strengthening internal controls, and ensuring full statutory compliance while supporting business growth.

Adept at partnering with leadership to drive data-driven decision-making, cost efficiency, and sustainable profitability.

Chief Finance Officer (CFO) - UR Sugar Industries Limited (BSE-listed Company)

(2023)

UR Sugar Industries Limited (formerly HKG Ltd) is a publicly listed company undergoing strategic transformation from an e-commerce business into a manufacturing-focused sugar industry enterprise under new leadership.

• LEADING OVERALL FINANCE FUNCTION, REPORTING DIRECTLY TO MANAGING DIRECTOR
• Driving financial strategy, compliance, and regulatory governance for a listed entity
• Managing GST, TDS, Income Tax, PF, ESI, and statutory filings end-to-END COMPLIANCES
• Spearheading budgeting, forecasting, and financial planning initiatives
• Strengthening internal controls, audit readiness, and financial reporting systems
• Supporting business transition into manufacturing operations and capital structuring

Accounts Head - Sadhunavar Construction & Developers (Belgaum Presidency Club)

(2020 - 2022)

Sadhunavar Group is a diversified business group engaged in real estate development, hospitality, and institutional projects, including government-leased properties and premium establishments.

• Headed finance operations for Belgaum Presidency Club (government-leased property – 60 years)
• Managed financials for Prerana School projects
• Oversaw cash flow, payroll, vendor payments, and statutory compliance
• Played a critical role in financial planning during COVID-19 disruptions
• Ensured smooth execution of multi-project accounting and reporting systems
• Managed GST compliance for multi-project operations ensuring 100% timely filing and reconciliation

Accounts Manager (Promoted from Senior Accountant & Accounting Assistant) - ADAM Realty Partners Pvt. Ltd. (Bella Vista Project)

(2010 - 2019)

ADAM Realty Partners Pvt. Ltd. is a real estate development company specializing in residential projects in Belgaum, with a focus on quality housing and project execution.

• Progressed through roles to become Accounts Manager within 9 years
• Led a team of 4 and handled complete accounting cycle and financial reporting
• Managed accounts finalization, taxation, audits, and compliance activities
• Improved financial processes, reporting accuracy, and operational efficiency
• Contributed to project financial management and cost control

MBA - Finance - Sri Siddhartha Institute of Management Studies (2010)

B. Com - Samiti College of Commerce (2008)