CA. Bharat Jaisingh

Experience

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  BSES

  May 2003 - Jan 2004

  Commercial Officer

  • Among the first 8 Chartered Accountants hired by Reliance Industries as a Commercial Officer for various districts of the former Delhi Vidyut Board.• Entrusted with leadership responsibilities in the largest district, Nizamuddin, highlighting confidence in my capabilities.• Led a team of 150 individuals, showcasing effective management and collaboration skills, despite an average age exceeding 50 years.

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  Adani Power

  Jan 2004 - Oct 2004

  Executive Finance

  • Acquired in-depth knowledge of the intricacies of the power trading business to ensure accurate accounting practices.• Led the accounting efforts for the establishment of the power trading arm of Adani Exports Ltd., showcasing proficiency in financial management.• Managed the end-to-end process of raising weekly invoices for power transactions, ensuring accurate payments to selling power states.• Conducted month-end calculations of profitability per unit of electricity, contributing to financial transparency and strategic decision-making.• Played a pivotal role in the preparation of tender bids for power purchase and sales by collaborating with various power companies.• Successfully administered diverse financial responsibilities, including banking transactions, vendor payments, and tax payments.• Ensured reconciliation of power units and billing with both buying and selling states, minimizing discrepancies.• Maintained an optimal fund balance to guarantee timely payments and financial stability for the power trading arm. Show less

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  PricewaterhouseCoopers

  Oct 2004 - Mar 2006

  Associate

  • Spearheaded the establishment of WNS Gurgaon's accounting system on Oracle, ensuring seamless financial operations.• Pioneered the creation of a 15-member team to manage all modules of Oracle, playing a pivotal role in Gurgaon location finance.• Successfully facilitated the transition of the location from a small office to a 150 thousand sq. ft. office.• Ensured compliance with STPI, Service Tax, and other tax regulations, maintaining financial integrity.• Acted as a key liaison between WNS and PwC, fostering effective communication and collaboration between the two entities. Show less

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  WNS Global Services Pvt. Ltd.

  Apr 2006 - Mar 2010

  Senior Manager - Finance

  • Headed the Finance team in Gurgaon, providing support to 5 Verticals and managing the financial well-being of over 2500 employees.• Independently managed the full cycle of location operations, including accounting, books closing, SOX and statutory compliances, location MIS, and variance analysis.• Ensured and maintained SOX compliance in all financial processes and controls.• Successfully integrated the accounting processes of acquired company Trinity Business Partners, specializing in US mortgage outsourcing.• Represented WNS at the Unit Approval Committee (UAC) of SEZ Noida, securing SEZ unit approval for additional sites.• Led the Gurgaon Finance team to win the Best Location Award for exemplary practices and adherence to timelines.• Promoted to the role of Controller – Pan India Accounts Payable & Fixed Assets accounting, contributing to the record publication of WNS corporate quarterly numbers in just 21 days, down from the previous 45 days.• Managed a team of 50+ people pan India, maintaining minimal attrition by strategically hiring the right candidates.• Successfully led the physical verification of Fixed assets across all India locations, totaling assets worth INR 500 Crores+.• Managed the preparation of Standard Operating Procedures (SOPs) for Accounts Payable and Fixed Assets accounting.• Ensured the timely closure of books and submission of MIS with detailed variance analysis.• Timely resolution of auditor queries (EY and PwC) and filing of Softex forms with STPI & SEZ, TDS, and VAT/CST returns. Show less

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  Stryker Global Technology Center

  Mar 2010 - Aug 2011

  Senior Manager - Finance

  • Successfully implemented data integration from Tally to Oracle, streamlining the creation of various reports for enhanced financial management.• Introduced a centralized email system for people connect, facilitating the resolution of employees' queries related to reimbursement and other Accounts issues.• Pioneered an auto reminder email system to clients before due dates, ensuring timely remittance for invoices and optimizing cash flow.• Secured Service Tax refunds from the department, navigating regulatory processes.• Established Bank OD limits and optimized their utilization, contributing to effective financial resource management.• Implemented a monthly compliance tracker, enhancing control and ensuring adherence to regulatory requirements.• Built a robust Finance team through strategic hiring, fostering a culture of expertise and collaboration.• Represented Finance team in finalizing vendors for a new site on Sohna Road, managing customs/STPI compliances during the transition & optimizing project costs.• Managed end-to-end responsibilities for books of accounts, including review, closure, and uploading on the Hyperion platform.• Ensured compliance with TDS, Advance tax, Self-Assessment tax, statutory and tax audits (EY), Transfer Pricing study (PwC), and income tax returns.• Led a team for various Oracle modules (AP, AR, FA, GL) and generated diverse reports for effective financial control.• Overlooked compliances related to STPI, VAT, Income Tax, and other regulatory requirements.• Successfully managed vendor on-boarding, scrutinizing documents and obtaining approvals from the APAC office for regulatory compliance. Show less

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  The Careershiners, a recruitment firm

  Sept 2011 - Oct 2013

  Founder

  Established a recruitment firm catering to IT&ITES, Healthcare, and Consulting sectors, showcasing entrepreneurial acumen and marketing capability.

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  SitusAMC

  Oct 2013 - Jan 2024

  Sr. Vice President - Head of Finance

  • Initiated and implemented the 'Financial Review' system for precise monthly evaluations via MIS, enhancing financial oversight and compliances.• Directed finance controllership, ERP implementation, and managed external/internal audits, ensuring statutory compliances.• Successfully incorporated data transfer from Tally and QuickBooks into the Workday system.• Handled Transfer Pricing assessment and Dispute Resolution Panel (DRP) matter. • Achieved successful income tax assessments, processing of Service tax and GST refunds.• Led comprehensive financial planning & analysis, team building, pricing, cost-benefit analysis, and M&A activities.• Ensured timely book closures, reviewed accounts, provisions, monthly compliances, and tax deposits, optimizing financial processes. Facilitated timely filings with the Registrar of Companies.• Monitored currency rates for timely forward contracts and negotiated favorable forex conversion rates.• Invested idle funds in liquid/arbitrage mutual funds, resulting in substantial earnings over the past 9 years.• Developed systems, policies, and procedures for accurate accounting and controls, improving financial transparency.• Successfully ensured STPI and SEZ compliances, securing permissions for setting up units in multi locations.• Headed the Employees Compliance Committee, facilitating inter-departmental issue resolution and policy modifications.• Operated as a proactive member of the Internal Committee under The Sexual Harassment of Women at Workplace (Prevention, Prohibition, and Redressal) Act, 2013, contributing to a safe and inclusive work environment.• Acted as the Legal Ombudsman, ensuring adherence to legal standards & ethical practices within the organization.• Vetted client Letters of Engagements (LoEs) and Master Service Agreements (MSAs), client contract master.• Spearheaded the development of cost and revenue projections for the year, conducting variance analysis for precise financial insights.• CSR. Show less

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  Financial Consultant

  Feb 2024 - now

  Financial Consultant