Nitin Agrawal

CEO

Bengaluru, Karnataka, India22 yrs 6 mos experience

Key Highlights

CFO with 23 years of diverse finance experience
Awarded CA-CXO Award for leadership in finance
Expert in SAP implementation and financial reporting

Stackforce AI infers this person is a Senior Finance Leader with expertise in Financial Management and SAP implementation in Manufacturing.

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Skills

Core Skills

FinanceAccountingFinancial AccountingMergers & AcquisitionsFinancial ReportingTax ComplianceFinancial AnalysisBudgetingCost AccountingCost ManagementSapCompliance

Other Skills

Investor RelationsFundraisingTreasuryAutomationAuditingHyperion HFMAccounts ReceivableAccounts PayableDirect TaxIndirect TaxProfitability AnalysisCash-flow ManagementInvestment AppraisalTax OptimizationWorking Capital Management

About

Nitin is a senior finance leader with 23 years of progressive and diverse experience in the world of Finance, Accounts, Controlling , IT, Company secreterial and legal function. Strong experience in manufacturing organization having SAP. Expert in Financial Accounting & Reporting, Accounts Payable, Accounts Receivable, taxation, MIS, costing in manufacturing companies. Exposure to IPO preparation, Merger & Acquisition, Enterprise Risk management, IFRS and SAP implementation. All round experience of working in reputed manufacturing organizations which includes large professional conglomerate, promoter driven listed company, Global MNCs and new age consumer internet companies. Accomplishments : Received various awards and recognitions from employers and Institute of Chartered Accountants of India. (ICAI). Most recent is CA- CXO Award from ICAI for displaying leadership in Financial world in 2021 AIR 7th in CA Foundation and AIR 22nd In CA Inter. Strengths : Excellent inter personal skills, quick learner, calm & composed, positive attitude and persistence.

Experience

Vst tillers tractors ltd

Chief Financial Officer

Apr 2023 – Present · 2 yrs 11 mos · Bengaluru, Karnataka, India · On-site

VST Tillers Tractors Ltd is listed company is stock exchange. VST is market leader in manufacturing and selling of Power Tillers. As Chief Financial officer, I am leading Finance & Accounts, Information Technology, Company Secretarial and Legal function of the company.
I lead a young, energetic and motivated team of employees who are driven by vision of the organisation.

SAPInvestor RelationsFundraisingTreasuryFinanceCost Accounting+2

Ola

Senior Director Finance

Oct 2021 – Mar 2023 · 1 yr 5 mos · Bengaluru, Karnataka, India

Senior Director - Finance of OLA (ANI Technologies Pvt Ltd). This include various business of OLA viz OLA Cabs, Ola Foods, OLA Money , OLA Cars and OLA Stores. Part of Senior leadership team in Finance.
# Responsible for monthly, quarterly and Annual closure of Financial performance of all business of ANI Group
# Managing 15 legal entities (domestic and international), its consolidation and getting them audited by Statutory Auditors
# Leading team of 15 professionals in fast paced and energetic environment
Key Achievements :
# Prepared Restated Financial statement (RFS) for all 15 entities for past 4 years as part of DRHP document
# Implemented Hyperion (FCCS) software for consolidation of financial statements
# Enabled launch and ramp of new business i.e. Ola Stores and Ola Cars

Financial AccountingAuditingMergers & AcquisitionsHyperion HFMSAP

Bridgestone india

General Manager- Finance, Accounts & Tax

Jan 2020 – Oct 2021 · 1 yr 9 mos · Pune, Maharashtra, India

General Manager- Finance, Accounts & Tax . Was responsible for Financial Reporting, Accounts Receivable (AR), Accounts Payable (AP), Direct and Indirect tax compliances and Statutory & Group Audit by Big 4 Audit firms. Played key role in digitalization & automation of various process in Finance & accounts domain.
# Was reporting to Chief Financial Officer and Head IT.
# Was Part of Senior leadership team and various cross functional initiatives relating to new business models, cost optimization , strategic investments including M&A and Transformation journey of organization
# Lead the Finance team comprising of 25 members approx.

Financial ReportingAccounts ReceivableAccounts PayableDirect TaxIndirect TaxTax Compliance

Te connectivity

Business Finance Controller - Automotive

Oct 2015 – Jan 2020 · 4 yrs 3 mos · Pune, Maharashtra, India

Was Business Unit (BU) Finance Controller of Transportation Solution Segment of TE India. This segment includes 4 business units viz Automotive, Commercial Transportation, Sensor and Tooling and was having 2 manufacturing units in Pune.
Revenue of BU was apprx $ 200 Mn. Reporting to CFO and CEO of Business Unit. Part of Senior Leadership Team and working closely with function heads of Sales ,Operations, Engineering and HR. Responsible for Profitability, cash-flow, forecast and budgeting for BU, investment appraisal, new product costing & strategic initiatives of the Business Unit.
Key Achievements :
Received award from India and Global Finance for doing Path breaking work on getting Govt incentives of Rs 50 Millions for BU
Done tax optimization which has resulted in business savings of Rs. 20 Millions
Successfully implemented process for new product costing

Profitability AnalysisCash-flow ManagementBudgetingInvestment AppraisalFinancial Analysis

Godawari power & ispat limited

2 roles

Vice President - Finance & Accounts

Promoted

Apr 2011 – Sep 2015 · 4 yrs 5 mos

Leading Finance & Accounts function and reporting to Managing Director, Executive Director and Group CFO. It was Listed company in BSE and NSE. Making presentation to Board of Directors and Audit Committee. Participating in Strategic decisions making at organisation level. Talent development and coaching for 35 member team including CAs and CWAs.
KRA includes :
Financial Reporting, working capital management, Controlling, Financial Planning and Analysis, Direct and indirect taxation, Costing and MIS. Managing AR, AP, GL bad Fixed Assets. Coordinations with Statutory and Internal Auditors, Bankers, vendors and customers. SAP implementation and Ind AS conversion.
Key Achievements :
Business has grown 15pc CAGR under this period, Implementation of SAP, Conversion to IndAS , revenue leakage saved for RS 35 Millions.

Financial ReportingWorking Capital ManagementCostingMISCost Management

General Manager -Finance & Control

Nov 2008 – Mar 2011 · 2 yrs 4 mos

Successfully implementated SAP all modules at company level in Godawari Power & Ispat Limited.
Experience of full life cycle implementation of SAP from evaluation of vendors to Go live and post implementation issues

SAPFinancial Reporting

Larsen & toubro limited

Manager -Finance & Accounts

Jul 2003 – Nov 2008 · 5 yrs 4 mos · Mumbai, Maharashtra, India

At Electrical & Automation Division, Powai, Mumbai leading a team of 25 people including 2 CAs and handled following:
# Financial Accounting & Reporting ( consolidation of accounts since manufacturing plants were located in 4 different locations)
# Compliance of Accounting Standards
# Accounts Payables ( import)
# Accounts Receivables of 500 dealers across India
# Cash and Banking Operations
# Compliance of direct taxes including transfer pricing
# Identified as 'Top Talent' having leadership skills at young age of 26 years
# Identified by Group CFO as 'Young think tank' of Account functions and worked directly with Group CFO
# Handled post merger related operational issues related to an M&A deal done by L&T