Ankit  Mehta, Manager

Ankit Mehta

Manager

Mohsin Haider Darwish LLC

Location
Oman - Muscat
Education
Master's degree, Finance
Experience
6 years, 3 Months

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Work Experience

Total years of experience :6 years, 3 Months

Manager at Mohsin Haider Darwish LLC
  • Oman - Muscat
  • September 2015 to October 2017

 Handling Finalization and MIS reporting; submission of Monthly Financial Report and Performance Report to management and Shareholders on a timely basis, introducing Executive Summary along with it having relevant highlights of various divisions.
 Monitoring and review all Division’s Budget preparation, monthly Variance Reports.
 Managing Accounts & Finance Department of one of the Shareholders owned entity, MHD AVON LLC (Sole Distributor for Oman for - Avon Beauty & Cosmetics product) along with contribution in Sales initiatives, negotiations with principals, management of inventory, restructuring of operational processes. Managing team size 10, through 2 people directly reporting to me and I am reporting to Chairman for this entity.
 Assisting Group CFO in analyzing various projects for expansion and diversification purpose, including industry research, project financial due-diligence, sensitivity analysis, and preparation of feasibility report. Projects such as expansion in Qatar, investment in real estate overseas, minority stake in Hospital.
 Facilitating Director- Finance in Corporate level policy decisions by initiating Decision Support Reports preparation system, detailing scope of decision, financial and non-financial implications and necessary aspects of any policy.
 Statutory Audit planning; preparation of audit schedules and arranging necessary supporting in advance and coordinating with other team members in channelizing resources for timely and satisfactory completion of audit.
 Liaison with 7 to 10 Finance executives of various divisions and overall team size of 40+. Wherein personal effort of exchanging thoughts, imparting training and motivating team, helped in productivity enhancement and overcoming cultural barriers.
 On an ongoing basis, strengthening internal controls and accounting processes along with infusing agility in the system and mind set of a team to adopt new changes, for instance gearing up to implement of Value Added Taxation (VAT).

Co-Founder at Natura Granites Pvt. Ltd.
  • India - Bengaluru
  • July 2013 to May 2015

 Co-founded a granite slabs manufacturing company and in the benefit of all the shareholders steered its sale to a strategic buyer, negotiated the deal and facilitated smooth transfer of business set-up.
 Chartered Angel funding from USA network for investment in the project.
 Liaison with various government departments to expedite subsidy, collateral free loan and other facilities for the unit.
 Accounting management and examined various financial reports for different statutory compliances.
 Shared responsibilities in factory erection work, feasibility study of advanced granite block cutting technology, interacted with local government bodies for various regulatory approvals.

Analyst at Aranca Inc.
  • India - Mumbai
  • May 2011 to July 2013

 Conducted valuation appraisals for US based privately held companies for tax and financial reporting (IRC 409A) purposes covering Software, Biotechnology, Pharma related business.
 Financial Modeling to perform suitability of implementation of ESOP (Employee Stock Ownership Program) for various privately held companies mainly based out of USA.
 Preparation of comprehensive valuation which include valuation analysis, industry overview, risks, based on effective discussions with the management.
 Trained and reviewed work of trainee analysts.

Education

Master's degree, Finance
  • at Baruch College, City University of New York, NY
  • December 2009

Program Duration: Jul’07 – Dec’09 Preferred Modules: Corporate Finance, VC and Entrepreneurial Finance, Valuations, Business policy and Strategy Formulation

Master's degree, Chartered Accounting
  • at Institute of Chartered Accountants of India
  • May 2005

 Sep’02 – Oct’03 with Proctor and Gamble India Limited, Mumbai as Industrial Trainee - Accounts and Finance Department  Jun’00 – Aug’02 with K.S. Aiyar & Co., Mumbai as Article Trainee

Specialties & Skills

Financial Statement Analysis
Accounting
Conflict Management
Business Strategy

Languages

English
Expert
Hindi
Expert