CA Rakesh Jain

CEO

Mumbai, Maharashtra, India28 yrs 11 mos experience
Most Likely To SwitchHighly Stable

Key Highlights

  • Over 20 years of multinational finance experience
  • Expert in tax compliance and financial optimization
  • Proven track record in revenue growth and cost reduction
Stackforce AI infers this person is a Finance and Taxation expert with extensive experience in E-commerce and Spirits industries.

Contact

Skills

Core Skills

Financial Forecasting & BudgetingLeadership & Cross-functional Team ManagementGrowth & Expansion StrategiesProfitability & Cost AnalysisFund RaisingFinancial & Strategic PlanningCorporate GovernanceIndian & International Tax ComplianceM&aTransfer Pricing & Tax PlanningFinancial Reporting

Other Skills

AccountingAuditingBudgetingComplianceCompliance ManagementCorporate FinanceCorporate TaxCost ManagementCross-Border Tax StructuringDue DiligenceEquity ManagementFinancial AnalysisFinancial IntegrationFinancial ManagementFinancial Modeling

About

🔹 Finance & Taxation Leader | 20+ Years of Multinational Experience 🔹 E-commerce | Spirits | Telecom | ITES | Banking Finance and taxation expert with over two decades of cross-industry experience in corporate finance, international taxation, and strategic financial leadership. Proven success in driving tax efficiency, enhancing compliance, and optimizing financial operations across global organizations. Skilled in leading core finance functions—budgeting, forecasting, regulatory reporting, internal controls, and accounting operations—resulting in measurable improvements in profitability, cost control, and operational efficiency. Known for modernizing financial systems, automating processes, and fostering collaborative, high-performing teams. Specialties: ✔ Financial Forecasting & Budgeting ✔ Regulatory & Internal Reporting ✔ Indian & International Tax Compliance ✔ Transfer Pricing & Tax Planning ✔ Leadership & Cross-Functional Team Management Core Competencies: Financial & Strategic Planning | Taxation Strategies | Fund Raising | Corporate Governance | Pre-IPO Management (DRHP Filings) | Controllership & Decision Support | Growth & Expansion Strategies | M&A | Profitability & Cost Analysis

Experience

Finplus e-commerce solutions

2 roles

Chief Finance & Operating officer

Jul 2020 – Present · 5 yrs 8 mos

Chief Finance & operating officer

Jun 2020 – Present · 5 yrs 9 mos

  • Role Summary:
  • Directed the strategic and operational leadership of the organization, ensuring alignment with long-term business objectives and market trends. Oversaw a 60-member cross-functional team, fostering a culture of collaboration and innovation. Implemented robust financial management frameworks—including budgeting, forecasting, and performance analysis—to drive resource efficiency. Led marketing and sales initiatives to expand e-commerce presence, strengthen brand visibility, and enhance customer engagement. Maintained strong relationships with key stakeholders to unlock growth opportunities and mitigate risks.
  • Key Achievements:
  • Increased annual revenue by 75% through strategic partnerships and expanded service offerings
  • Implemented a financial management system that reduced operational costs by 9%, significantly improving profitability
  • Raised USD 12 mn via Banks and private lenders
Financial ManagementBudgetingForecastingPerformance AnalysisMarketing InitiativesStakeholder Management+2

Diageo

2 roles

CFO / Finance Director / Board Member

Promoted

Aug 2016 – Jun 2020 · 3 yrs 10 mos

  • Provided strategic financial leadership, managing end-to-end financial planning, reporting, compliance, and treasury operations to ensure alignment with corporate goals and regulatory requirements. Led and developed a high-performing finance team of 30 professionals, fostering a culture of excellence and continuous improvement. Collaborated cross-functionally to deliver actionable financial insights, enabling data-driven decision-making and robust risk management. Maintained strong tax compliance while optimizing cash flow, liquidity, and resource allocation to support growth.
  • Key Achievements:
  • Achieved a 5% reduction in the effective tax rate through strategic tax planning and compliance optimization
  • Successfully led the financial integration of the USL/Diageo acquisition unlocking operational synergies and driving cost efficiencies.
  • Raised USD 100mn from Banks & overseas Parent company via equity infusion
Financial PlanningReportingComplianceTreasury OperationsRisk ManagementFinancial & Strategic Planning+1

Tax Director

Jun 2012 – Jul 2016 · 4 yrs 1 mo

  • Led all direct and indirect tax functions for Diageo and its subsidiaries, ensuring full compliance with local and international tax regulations, including transfer pricing policies. Designed and executed strategic tax plans to optimize the effective tax rate, resolve complex tax issues, and drive long-term tax efficiency. Managed relationships with external tax advisors, conducted detailed tax research, and provided expert guidance on compliance, planning, and risk mitigation initiatives.
  • Key Achievement:
  • Reduced the effective tax rate by 5% through proactive tax planning and strengthened compliance frameworks
Tax ComplianceTax PlanningTransfer PricingRisk MitigationIndian & International Tax ComplianceTransfer Pricing & Tax Planning

Onmobile global ltd.

Global Head of Tax (Multi-Region Oversight)

Apr 2009 – May 2012 · 3 yrs 1 mo

  • Directed all direct and indirect tax functions across 52 locations worldwide—including Asia, the Middle East, Africa, Europe, Latin America, and North America—ensuring full compliance with complex international tax regulations. Led cross-border tax structuring, due diligence for offshore acquisitions, and implementation of tax optimization strategies to support global growth and reduce the effective tax rate.
  • Oversaw transfer pricing and international compliance through regular subsidiary reviews, ensuring process consistency and identifying tax planning opportunities. Partnered with external advisors and conducted deep-dive research to resolve complex tax challenges and recommend actionable strategies.
International Tax ComplianceCross-Border Tax StructuringDue DiligenceIndian & International Tax ComplianceTransfer Pricing & Tax Planning

Vodafone

Senior Manager--Tax

Nov 2003 – Mar 2009 · 5 yrs 4 mos

  • Key Achievements:
  • Achieved a 4% reduction in the effective tax rate through strategic planning and improved compliance
  • Led tax due diligence for the Hutch/Vodafone deal, supporting a successful transaction
  • Contributed to the DRHP preparation for Hutchison’s pre-IPO filings, ensuring accurate tax disclosures
Tax PlanningDue DiligenceTransaction SupportIndian & International Tax Compliance

Icici bank

Manager

Jan 1998 – Oct 2003 · 5 yrs 9 mos

  • Maintain and reconcile general ledger accounts, including loans, deposits, investments, and interest calculations
  • Prepare and review financial statements, reports, and regulatory filings in accordance with banking standards
  • Monitor daily transactions, identify discrepancies, and resolve accounting issues promptly
  • Support month-end and year-end closing activities and audit preparations
  • Collaborate with internal teams and external auditors to ensure accurate and timely financial reporting
  • Ensure compliance with banking regulations, accounting principles (GAAP/IFRS), and internal control procedures
  • Assist in managing tax reporting and compliance related to banking operations
  • Analyze financial data to support management decisions and optimize banking operations
Financial ReportingRegulatory ComplianceAccounting

Citi

Industrial Trainee

Aug 1996 – Aug 1997 · 1 yr

Education

Institute of Chartered Accountants of India

CA

Oct 1998 – Oct 1998

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