Nikhil Nanda

Commercial Finance Manager at Hain Celestial DMCC

• United Arab Emirates - Dubai
• My current job since May 2014

Finance Accounting Manager at FrieslandCampina Middle East DMCC

• United Arab Emirates - Dubai
• April 2014 to April 2017

 Reporting to Finance Manager and working in close coordination with the management team providing detailed analysis enabling them to make the right decisions according to the situation. Leading a team of five accountants performing daily accounting tasks.

Forecasting &Budget
 Responsible for Budgeting and 3Year Plan and adhering to company guidelines and timelines towards preparation of the plan.
 Preparing realistic budgets on bottom up approach with complete analysis of growth pattern of different segments and brand and detailed analysis of the market situation. Applying realistic assumptions based on market trends and historical data.
 Preparing quarterly Latest Estimates and re-phasing budgets in line with the current market situation.
 Preparing presentation for management team providing the analysis of the outlook.

Financial Accounts
 Responsible for month end financial closing of books, maintaining full control and integrity of data in books. Coordinating with finance team and ensuring adherence with IFRS and company accounting policies and present the final output to Finance Director.
 Getting financial accounts and MIS audited with internal & external auditors.
 Calculation of various incentives payable to distributors in adherence to proper guidelines lay down to approve the incentive.
 Preparation of Variance reports and comparing actuals with the budget figures and explaining the variance to Management team.
 Compile KPI Information for the KPI report to Amsterdam along with Quarterly reporting.
 Reporting of monthly, quarterly and annual financials and commercial datasets for reporting tool as per the due dates instructed by Regional Finance Team
 Advises on portfolio optimization in the markets and portfolio rationalizing of packaging types and quantities with a view to protect and enhance company profitability.
 Making analysis and advising on an ad hoc basis on all kind of financial issues in order to improve the business performance.

Financial Accounting Manager at Sirocco FZCO

• United Arab Emirates - Dubai
• September 2010 to April 2014

3 Year Plan and Budget
Responsible for Budgeting and 3Year Plan and adhering to company guidelines and timelines towards preparation of the plan.Applying realistic assumptions based on market trends and historical data.Coordinating with relevant departments to prepare 3Year Plan.Preparing realistic budgets on bottom up approach with complete analysis of growth pattern of different segments and brand and detailed analysis of the market situation.Preparing quarterly Latest Estimates and re-phasing budgets in line with the current market situation.
Maintaining Financial Accounts
Preparing monthly and quarterly schedules of accounts reflecting true and correct state of accounts.Responsible for month end financial closing of books, maintaining full control and integrity of data in books. Coordinating with finance team and ensuring adherence with IFRS and company accounting policies
Preparing monthly and quarterly schedules of accounts reflecting true and correct state of accounts.Getting financial accounts and MIS audited with internal & external auditors.
Calculating Royalty and technical fees and ensuring that the calculations are as per agreed terms and conditions.Calculation of various incentives payable to distributors in adherence to proper guidelines laid down to approve the incentive.
Financial Control
Preparation of Variance reports and comparing actuals with the budget figures and explaining the variance to Heineken and Sirocco Management team.Compile KPI Information for the KPI report to Amsterdam along with Quarterly reporting. Reporting of monthly, quarterly and annual financials and commercial datasets to Heineken reporting tool as per the due dates instructed by Regional Finance Team (AME).Advises on portfolio optimization in the markets and portfolio rationalizing of packaging types and quantities with a view to protect and enhance company profitability.

Financial Management Analyst at Philip Morris Services India

• India - Delhi
• March 2009 to September 2010

 Preparation and finalising the budget for Bangladesh market and coordinating for India market in coordination with budgeting in charge.
 Responsible for month end financial closing of books of India and Bangladesh region as per company accounting policies and US GAAP.
 Accountable to Directors towards Preparation & Finalization of Balance Sheet on monthly & quarterly basis.
 Preparation of Variance reports and comparing actuals with the budgeted figures and explaining the variance.
 Preparation of Financials and schedules for internal & external auditors.
 Capital Expenditure monitoring & approval.
 Remittance of foreign payments &arranging their documentation.
 Preparation of Monthly reports forth Asia Pacific region.
 Preparation of Annual Financial Policy (AFP) of Bangladesh Market.
 Maintaining relationship with banks for taking credit facilities and convincing them for the best interest rate.
 Analysing Financial Statements and Reconciliation of Bank Statement.
 Calculation of Service Tax, VAT., and filing of Returns.
 Calculation of Tax Deducted at Source & filing of E> TDS Return.
 Performing Data Entries in respect of Purchases and Revenues being generated.

Accounts Officer at Fun Foods

• India - Delhi
• August 2004 to March 2009

 Accountable to Directors towards Preparation & Finalization of Balance Sheet on monthly & quarterly basis.
 Finalization of Sales tax return & tax depositing
 Analysing Financial Statements and Reconciliation of Bank Statements.
 Preparation of Stock Statement for Banks.
 Calculation of FBT, Service Tax, VAT., Service Tax and filing of Returns.
 Calculation of Tax Deducted at Source & filing of E> TDS Return
 Preparation of MIS reports of Debtors, Creditors for Management
 Preparation of records of Consignees till the Sale Reports and Inventory.
 Internal Audit & Allied Work of Accounts.
 Preparation of Income tax returns of the salaried Individuals.
 Prepare & Issue Of Sales Tax Local/Central Forms from Sales Tax Department.
 Tracking and Collection of Form C and Form F.
 Performing Data Entries in respect of Purchases and Revenues being generated.
 Looking after various Human Resource jobs like
a) Maintenance of Employees records such as joining, salary status etc.
b) Preparation of salary & wages sheets.
c) Maintenance of Employee Provident Fund & Employee State Insurance.
d) Corporation Records.
e) Maintenance of Bonus Register & Leave Records of Employees