R

Rishit Mehta

CEO

Mumbai, Maharashtra, India26 yrs 5 mos experience

Key Highlights

  • Proven expertise in financial leadership and strategy.
  • Extensive experience in commercial finance and stakeholder management.
  • Strong track record in cost optimization and business partnering.
Stackforce AI infers this person is a Finance Executive with extensive experience in Commercial Finance and Business Strategy across multiple industries.

Contact

Skills

Core Skills

Financial MonitoringCommercial FinanceClient ManagementNegotiationsCommercial PartneringCost ManagementCorporate StrategyFinancial LeadershipBusiness Finance PartnershipInventory ManagementFinancial AnalysisComplianceFinance ManagementAudit Compliance

Other Skills

AnalysisCash ManagementAttention to DetailERPLegal ComplianceBalance Sheet ReviewFinancial ReportingContract NegotiationCross-functional Team LeadershipCFOsAudit ReportsFinancial PerformanceLeadershipBudget ProcessBusiness Analysis

About

Business focussed finance leader specialising in commercial business partnering, stakeholder management, business modelling, financial planning & strategy, PNL management , negotiations, compliance, treasury, tax, finance, high integrity, SAP implementation , legal and other support services. Experience Digital / IT industry, Offshoring, Advertising, Pharmaceutical , Healthcare, Diagnostics, Retail. Areas of specialisation include substantial start up expertise and cost optimisation capabilities.

Experience

26 yrs 5 mos
Total Experience
3 yrs 1 mo
Average Tenure
1 yr 3 mos
Current Experience

Omnicom media group india

Chief Financial Officer

Jan 2025Present · 1 yr 3 mos · India · On-site

Quantum consumer solutions: insight & design strategy

Group CFO

Nov 2023Jan 2025 · 1 yr 2 mos · India · On-site

  • Leading all aspects of global financial systems and processes for Quantum group and transform existing commercial operations
AnalysisCash ManagementAttention to DetailERPFinancial MonitoringLegal Compliance+21

Dentsu international

Chief Commercial Officer (CCO)

Jun 2022Oct 2023 · 1 yr 4 mos · India

  • Business Partnership / Client Management :
  • Play a key role in client growth, strategy and initiatives
  • Lead commercial activities in a way that ensure that stakeholders across the business are engaged, consulted, and advised as required or needed
  • Ensure business leaders understand the drivers of performance and options to improve results
  • Client Relationships :
  • Maintain strong, trusted relationships with the client and the client’s procurement and agency management teams where applicable
  • Negotiations and Deal Mechanics :
  • Lead procurement and finance negotiations for all commercial aspects of client relationship – Including ownership of the pricing desk
  • Develop Deal Mechanics including, pricing, KPIs, and PRIP structures
  • Ensure service agreements optimizes risk protection and financial drivers
  • Contract Compliance :
  • Provide a framework and toolkit for client contract compliance
  • Lead the Client Contract Risk and Compliance audits and assessments
  • Facilitate client teams’ adherence to the Delegation of Authority
  • Commercial Practice & Strategy :
  • Implementation, development and roll out of Global Commercial Strategy
  • Commercial Policy Setting, New Business Framework & Pricing Board
  • In-Life Cycle Commercial Governance
  • Talent and Capability Development of Client Commercial team
Cash ManagementAttention to DetailCustomer AnalysisLegal ComplianceBalance Sheet ReviewCommercial Finance+10

Digitas india

Chief Financial Officer

Sep 2020May 2022 · 1 yr 8 mos · Mumbai, Maharashtra, India

  • Commercial Partnering :
  • Commercial insights provided across all services within the Agency and Cross collaboration across Groupe Agencies
  • Cost benefit and profitability analysis across Tech projects while evaluating resource augmentation requirements
  • Drive rate card negotiations with other Network Agencies across the world
  • Agency representative team lead for SAP rollout
  • Business performance monitoring on revenue, Personnel costs and OI on a regular basis along with focus on new business pipeline and organic growth opportunities from existing clients
Cash ManagementAttention to DetailLegal ComplianceBalance Sheet ReviewFinancial PerformanceWritten Communication+4

Bbh india

Finance Director

Jan 2009Aug 2020 · 11 yrs 7 mos · Mumbai, Maharashtra

  • Business Partnership (Corporate Strategy/Planning and Budgeting):
  • Set up a global agency in an emerging market such as India by providing finance leadership by creating a robust 5 years financial plan to provide strategic direction.
  • Evaluated and partnered in developing newer business revenue streams - Blacksheep Studios, Social/Digital and Content Studio etc contributing ~ 20% of total revenue and 25% of operating profit
  • Focused cost management through negotiations, exploring alternatives and leveraging resource efficiencies leading to improved margins every year
  • Ensured that no activity within business compromises professional objectivity.
  • Spearheaded legal contract negotiations and finalization of Client Agreements
  • Successfully led all other support functions like HR, Admin and IT
  • Finance Specialist:
  • Extensive exposure of working with a Shared Service Centre model
  • Ensured finalization of accounts in adherence to Global policies, Indian GAAP and Accounting standard and handled internal , global as well as statutory Audits.
  • Monitored the processing of all accounting information pertaining to the India operations and controlling the cash disbursements, receivables, payables, payroll and other accounting information.
  • Ensured timely adherence to overall government laws and regulations
  • Strategic Business modelling and Leadership:
  • Executed partnership deals and business models for Production, Content and Entertainment businesses
  • Streamlined processes enabling the team to reduce the time needed to do month end closing tasks by over 30%
  • Led and built up “high performance team” by conducting regular technical training to enhance functional knowledge.
  • Treasury :
  • Successfully developed and implemented Standard Operating Business Processes
  • Improved client collections reducing the receivables from 75 days to 45 days
  • Cashflow projections and funding requests for HO review and approval.
Cash ManagementAttention to DetailFinancial MonitoringLegal ComplianceBalance Sheet ReviewAudit Reports+6

Reliance retail

Commercial Head

May 2008Dec 2008 · 7 mos · Mumbai Metropolitan Region

  • Business Finance Partnership (Corporate Strategy/Planning and Budgeting):
  • Helping the marketing teams on evaluating commercial feasibility of tactical offers / promotions on various products / categories;
  • Analyze and circulate daily performance evaluation trackers
  • Inventory management – Store & DC MBQ’s and reduction of expired products
  • Analysis on Dump , Shrink and Markdown in each categories
  • Pvt. Label vs. Branded products management & overall vendor management
  • Statewise / Citywise / Storewise performance analysis – vs prior months and vs AOP
Attention to DetailFinancial MonitoringBalance Sheet ReviewFinancial PerformanceWritten CommunicationStrategic Insights+3

Bristol myers squibb

Fin. Analysis Mgr

Apr 2004May 2008 · 4 yrs 1 mo

Cash ManagementAttention to DetailFinancial MonitoringBalance Sheet ReviewFinancial PerformanceWritten Communication+4

Stiefel, a gsk company

Finance Manager

Jan 2001Mar 2004 · 3 yrs 2 mos · Mumbai Metropolitan Region

  • Overall gammut of finance function for India operations
Cash ManagementAttention to DetailFinancial MonitoringBalance Sheet ReviewFinancial PerformanceWritten Communication+4

Knoll pharmaceuticals ltd.

Finance Executive

Jun 1999Jan 2001 · 1 yr 7 mos

  • Starting point in the professional career, joined as finance executive focussed on taxation matters and working closely on statutory & internal audit and other compliances
Possess strong analytical

Education

Institute of Chartered Accountants of India

CA — Accounting and Finance

Jan 1995Jan 1999

University of Mumbai

Bachelor of Commerce (B.Com.)

Jan 1983Jan 1993

D J Doshi Gurukul English Medium High school

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