Abhijeet Sharma

Abhijeet Sharma

Audit Manager

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location of Abhijeet SharmaBengaluru, Karnataka, India

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  • Timeline

  • Skills

    Analytical Skills
    Auditing
    Budgeting & Forecasting
    Business Analysis
    Business Finance
    CFO
    Corporate Finance
    Due Diligence
    ERP Implementations
    Finance
    Financial Accounting
    Financial Analysis
    Financial Modeling
    Financial planning and Analysis
    Financial Reporting
    Fundraising
    ICFR
    IFRS
    Internal Audit
    Internal Controls
    Inventory Management
    Investor Relations
    Leadership
    Management information systems (mis)
    Statutory Audit
    Strategic Financial Management
    Strategy
    Taxation
    Team Management
    Valuation
    Working Capital Management
    External Audit
    Big 4
    Consolidation
    Account Reconciliation
    Income Tax
    Variance Analysis
    VAT
    Financial Risk
    Statutory Accounting
    MIS
    Financial Audits
    Cash Flow
    Financial Statements
    Assurance
    GAAP
    Corporate Tax
    Managerial Finance
    Generally accepted accounting principles (gaap)
  • About me

    Chartered Accountant and Finance Leader with 18+ years of leadership in finance, strategy, and operations across PE-backed, high-growth start-ups, and MNCs. Proven record in fundraising, building and scaling businesses/ finance team, and strengthening governance (due diligences, IND AS/IFRS transitions, ICFR). Recognized in Asia’s 100 Power Leaders in Finance (2022) with deep expertise in IPO readiness, governance, and strategic finance operations. Experience leading finance across healthcare (multi-specialty/tertiary/single-specialty hospitals, diagnostics, health-tech marketplace with devices & pharmacy) and IT (AI-based product platforms, SaaS, generative AI), with additional grounding in auditing, governance, and financial reporting from Big 4 tenure.

  • Education

    • CFA Institute

      -
      CFA Level 1
    • The Institute of Chartered Accountants of India

      2002 - 2006
      Chartered Accountant Accounting and Finance
    • Indian Institute of Management Bangalore

      2019 - 2019
      EGMP, Executive General Management Program BUSINESS, MANAGEMENT, MARKETING, AND RELATED SUPPORT SERVICES

      Moving from delivering a functional strategy to responsibility for business strategy requires a broad perspective and additional knowledge. The ~1 year EGMP prepares participants for this challenging transition by focusing on:Business Strategy, Marketing, Operation Management, HR, Operation Research, Statistics, Economics, Organization Management, Business Government and Society

  • Experience

    • Big 4 Consultancy Firm

      Apr 2007 - Oct 2013
      Audit Manager

      In my role as an Audit Manager at a Big 4 Consultancy Firm in India, I led complex engagements for multinational clients, ensuring timely delivery and compliance with international standards. I mentored and supervised teams, addressing technical issues and ensuring strict compliance with Indian GAAP and IFRS. My key achievements included leading engagements for a large IT MNC with overseas subsidiaries and manufacturing clients like APC, Buhler, and ITC.

    • Columbia Asia Hospitals Pvt. Ltd.

      Nov 2013 - Feb 2017
      Senior Manager Finance

      • Led PAN India Business Processes and Controls team for 11 hospitals, optimizing processes and enhancing financial discipline.• Identified and implemented gaps, leakages, and optimizations in hospital processes affecting finances.• Established the Internal Financial Control (IFC) and ICFR framework. • Strengthened compliance and risk management.• Created finance manual for hospital processes, implemented IFC process, and monitored KPIs of unit finance managers.

    • Motherhood

      Mar 2017 - Jul 2019
      Head of Finance

      Areas - Finance and Accounts, working capital management, Taxation, Process andControls, Fund raise, Financial Model, Investor Presentation, Due Diligence, CapitalBudgeting.Head Finance | Motherhood Hospitals (Subsidiary)Defacto CFO, led finance and account of PE funded multi-location PAN India hospitals.• Joined during a pivotal period post-TPG acquisition, where financial operations were outsourced, all three hospital units were experiencing losses, and critical financial controls were absent.• Successfully turned 7 out of 11 hospitals into profitable units, demonstrating strong financial acumen and operational expertise.• Played pivotal role in expansion of Motherhood from 3 to 11 hospitals by implementing CAPEX plans, financial models and processes & controls.• Transformed finance operations by establishing robust budgeting, statutory compliance, forecasting, MIS, controls and financial reporting.• Worked on AOP (budgeting) and B2C pricing strategies for the network of 11 hospitals.Raised INR 100 crore debt from the bank.• Measure financial health through KPIs like revenue per patient, operating margin, cost per procedure, capacity utilization, footfall, Inventory days and ALOS to ensure cost-efficiency and improved patient care.• Implemented stringent inventory management controls to minimize nearexpiry/ expired stock, significantly improving operational efficiency.• Implemented ERP (Navision) integration, enhancing data accuracy and automating financial processes.• Carried out project analysis viz NPV, Payback, Facility Mix, etc for new projects/hospitals• Contributed to Investment Memorandum (IM) and managed Big 4 due diligence.• Secured PE interest; company exited a subsidiary while retaining control with growth funding• Presented and provided monthly update to board of directorsAs Head – Internal Audit (Board Financial Assurance) | Asia Healthcare Holdings (Holding) Providing assurance on controls and numbers for hospitals in the Group. Show less

    • Humain Health

      Jul 2019 - Jul 2020
      Senior Manager (Head Business Finance) - COVID IMPACT

      Areas - FP&A, Financial Model, Strategy, Pricing, Acquihire, Benchmarking, LeaseCalculations, Cost Optimization.Worked with CEO in leading Business Finance, (including budgeting, forecasting, MIS, and margin analysis) for Series C startup. Company got impacted during COVID.• Analyze business KPIs like revenue per test, cost per test, operational leverage and efficiency, sample pickup cost, Lab Technician route optimization, and accounts receivable days to ensure optimal service delivery and profitability in diagnostic operations.• Developed hub-and-satellite financial model for expansion to 10+ diagnostics labs and clinics PAN India for omnichannel presence (online and physical).• Conducted benchmarking studies on business model, optimized fixed cost synergies, and defined in-house developed AI lab equipment lease models.• Worked on B2B, B2C, B2B2C market penetration pricing models for 100+ products.• Collaborated across functions to optimize costs and set • internal benchmarks.• Led an acquihire transaction and worked on optimization of lab technician cost for sample pickup. Show less

    • Phablecare

      Apr 2021 - Feb 2023

      Areas - Finance and Accounts, working capital management, Taxation, Due Diligence, Fund raise, Financial Model, Investor Presentation.Collaborated with CEO on strategy and led the business finance of VC funded Healthtech e-commerce startup.• Transitioned financials to Ind-AS/IFRS, restating accounts for three years, ensuring regulatory compliance.• Raised $24M in Series B, secured $5M in venture debt, created data room and managed six Big-4 due diligences, negotiated term sheets,and handled investor queries• Led financial reporting & statutory compliance, securing unqualified audit opinions from Big 6 auditors.• Developed and implemented treasury management policies, overseeing INR 100+ crores in investments and cash reserves.• Ensured internal control implementation, streamlining month-end and year-end closures.• Advised founders on strategic financial matters, providing insightful recommendations backed by thorough analysis.• Implemented tax planning strategies that minimized liabilities while ensuring full compliance with local, state, and federal laws.• Built a financial model for a hyper-growth online marketplace covering Pharmacies, Devices, Labs, Health & Wellness, health packages and SaaS.• Tracked key performance metrics like MRR, ARR, revenue growth, customer acquisition cost, average order value, CLTV, LTV, Inventory days, GMV, Margins, and Unit Economics• Established a robust financial framework, including KPIs, budgeting processes, and financial metrics Show less

      • Chief Financial Officer

        Apr 2022 - Feb 2023
      • Head Of Finance

        Apr 2021 - Apr 2022
    • Brane Group

      Apr 2023 - Feb 2025
      VP Business Integration (Strategic Finance and Growth Initiatives)

      This role was focused exclusively on strategic finance, FP&A, partnerships, and business integration for AI based tech startup. Accounting, bookkeeping, statutory reporting was outside the purview of this role.Areas - Bridged finance, strategy, and operations to drive global expansion, strategic bsuiness deals across India, USA, UK, and Singapore. Led FP&A, JV evaluations, and GTM modeling; role focused on strategic finance and business growth initiatives.• Led Financial Planning and Analysis, strategic agreements like re-seller, white labeling, Product Distribution (Vision Glasses), B2B for the group.• Implemented project status tracking, cost analysis, and workforce utilization insights.• Designed Monthly MIS Decks for vertical heads, covering team efforts, costs, and business KPI contributions.• Supported global expansion, ensuring regulatory compliance in four countries.• Aligned finance and operational policies across India, USA, UK, and Singapore.• Supported strategic finance initiatives in AI/ blockchain led solution development, rural marketplace model and drones manufacturing.• Led evaluation for a multi-million-dollar US based tech JV conducting market analysis, industry analysis, customer journey mapping, and business model recommendations.• Carried our value proposition analysis for customers and economic analysis of countries.• Developed the go-to market financial models and structured innovative financial instruments like SAFE and convertible debentures per Singapore regulations. Show less

  • Licenses & Certifications

    • CFA Level 1

      CFA Institute
      Apr 2022
    • NISM SERIES XIX-C: ALTERNATIVE INVESTMENT FUND MANAGER

      National Institute of Securities Markets (NISM)
    • Mergers & Acquisitions

      LinkedIn
      Jun 2020
      View certificate certificate
  • Honors & Awards

    • Awarded to Abhijeet Sharma
      Asia's 100 Power Leaders in Finance White page International Jul 2022
    • Awarded to Abhijeet Sharma
      Rising star KPMG Oct 2012