Nitin Singhal

An achievement-driven professional with 15+ years of commendable success in Financial Planning & Analysis. Expert in providing strategic direction through analysis and preparing financial model that directly impacts bottom line performance. Gained international exposure for two years in UK by heading finance function of a business acquisition.

Setting up of acquirer's finance systems and processes as per the acquire. Proven capability to improve operations, impact business growth & maximize profits through achievements in finance management, cost reductions, internal control & productivity improvements;

experience in heading all controllership activities including Revenue, AP/AR/GL as per both IFRS and US GAAPs. Strong experience in managing Project Accounting, PMO Operations, Timesheet Systems, Project Wise (both short & annuity) revenue generation & margins. Experienced in implementing Lean Six Sigma for Process Improvements; possess knowledge of financial process and BI Tools; proficient in conceptualizing and implementing financial procedures, including working capital management, internal financial controls and costing.

Extensive exposure in IT cost planning, analyzing and capital allocation decisions.

VP – FP&A at Infoedge India (Naukri.com) (2024-05 – Present)

• Annual budgets creation for five business units, consolidating them into unified corporate plan. Working closely with business and departmental heads (IT and Admin) for cost optimization
• Budgeting/forecasting of IT spend with inputs/collaboration with tech and business heads
• Develop & maintain quarterly rolling forecast to provide updated outlook for the organization
• Development of monthly/quarterly detailed variance deck including other financial reports for board reviews
• Provided analytical, data-based inputs in collaboration with users to drive capital budgeting decisions (IT investments)
• Business case creation for IT expense approvals (capex/opex) from CFO/MD
• Benchmark & maintain Delegation of Authority (DOA) for the company, ensuring refresh with company requirements
• Lead internal audit functions & collaborate with external auditors for quarterly audits, special reviews and IT areas
• Liaise with internal stakeholders to discuss audit finding, improvements and track closure of action items

AVP – FP&A at Genpact, Gurgaon (2009-04 – 2024-04)

Handling complete business partnering (FP&A) of independent business division spanning across US, Europe & Asia with turnover of $150M+. One business for Pharma services and remaining two SaaS based IT products from Pharma vertical.

• Monthly closure and finalization of P/L. Control over each line of P/L
• Reviewing and managing monthly and quarterly results and presenting the same to the Business Leader, CEO & Corporate Controller, including variance analysis of each cost line
• Complete Revenue Forecasting with Business Development/Sales team utilizing bottoms up approach
• Analyzing complex factory cost to provide accurate and timely margin analysis at grass root level
• MIS reports for Employee Utilization, Revenue Leakages, Cost Over Runs, Open SOW & Departmental Profitability
• Dotted line ownership of PMO office ensuring adherence to timely project creation, timesheets adherence and resource allocations (employees + contractors)
• Monitoring of contractor rates, invoices, payments, renewals and margins
• Designed and created a financial plan that saved $0.6million+ of contractor cost each year
• Pricing & contracting for RFP/RFI along with BD/Sales, Transitions & Legal teams
• Designing and implementing process improvements in Finance
• Lead two multiyear complex IT product development in two businesses from FP&A side for capitalization bookings, capex/opex classification and financial control

Sr Manager – Controllership at Genpact

• Headed a team of 6 members for maintaining financial books of a US MNC (per US GAAPs)
• Managed following profiles: Fixed Asset, Inter company, General ledger, Consolidations, Statutory Reporting
• Recognized as a single point of contact SPOC for auditors during conducting internal & statutory audit
• Improved team performance; managed their appraisals, career path, retention and so on
• Streamlined the corporate closing planning process, created a centralized planning platform that reduced budget preparation time by two weeks despite the budget doubling in size over a two-year period
• Ensuring accuracy of Sarbanes Oxley (SOX) flowcharts and documentation for key controls to both internal and external auditors

Manager – Financial consolidations at Timex Group India Ltd (2006-03 – 2009-04)

• Collected, consolidated and reported the financials of 22 subsidiaries around the globe; managed responsibilities for Asian locations
• Successfully maintained and administered Hyperion Enterprise (Financial Consolidations and Reporting System)
• Ensured accuracy in collected data, adhered to US GAAPs; managed proper currency translations, Interco' eliminations and consolidations
• Prepared numerous other products & business reports on the basis of ad hoc that included packages for the Board of Directors and CFO

Chartered Accountancy in Accounting – ICAI (2004)

MBA in Finance – Symbiosis, Pune

B.Com. in Commerce – S.G.T.B. Khalsa College (North Campus)

12th – Ramjas Public School-Pusa Road