Ritesh Sharma

Oversees financial management of 5 business units in India, Middle East & Africa, leading a team across APAC. Established and manages a Centre of Excellence for finance shared services, including a GCC housing ~1400 employees.

Managed financial responsibility for 9 business units across APAC, ensuring consistency in internal controls and compliance with local regulatory and tax reporting. Partnered with key stakeholders to ensure compliance with corporate policies.

Directed financial, cost accounting, taxation, statutory audit, and treasury functions. Controlled all accounting aspects, consolidated and analyzed financial procedures, and prepared monthly departmental reports.

Provided operational and programmatic support to CEO & COO on budget management, cost benefit analysis, forecasting, contract negotiation, and investor relations. Developed financial statements in accordance with GAAP and managed cash flow.

Restructured and implemented a new transfer pricing mechanism and costing for tender pricing, leading to a new management reporting methodology. Led a capital purchases benefit realization program and compiled financial budgets for corporate functions across multiple countries.

Developed an overall cost management strategy and set up internal controls, processes, SOPs, workflows, and systems. Led strategic planning for staff risk mitigation, business model analysis, and systems analysis.

Designed and implemented an Activity Based Costing system, resulting in a product portfolio reshuffle and elimination of non-value adding activities, with an overall benefit of Euro 2.5 million. Raised Euro 12 million in loans and directed finance functions across three manufacturing locations.

Directed and coordinated new projects, developing new markets and business, and managed cost accounting activities to meet financial goals. Worked closely with product line managers to ensure profit improvement initiatives.

Managed financial accounting functions including monthly, quarterly, and annual operational financial statements, forecasts, and budgets. Assisted in monitoring and controlling capital expenditure.

Directed management and financial accounting functions, including development of financial statements and forecasts. Reviewed financials on proposed bids, capex, and new customers, and actively managed costs, revenue, and suppliers.

Handled plant accounting, cost management, and product pricing. Analyzed the feasibility of implementing SAP FICO module over Oracle financials.

Worked on credit control and reconciliation for a three-week contract assignment while pursuing an MBA.

Handled business development, preparation and finalization of financial statements, and explored new market opportunities. Managed general financial management, budgeting, and internal control processes.

Handled monthly, quarterly, and annual accounts closing, accounts payable and receivables, vendor reconciliation, and TDS compliance. Prepared MIS and variance analysis reports.

Audited books of accounts for various companies and advised management on cost cutting and compliance with Indian GAAP and Companies Act. Prepared and vetted income tax returns and handled litigation matters.

Fully qualified member of CPA Australia.

MBA in International Business and International Finance from AIS St Helens, Auckland, New Zealand.

Chartered Accountancy from ICAI, India.

Bachelor of Commerce in Accountancy from Mumbai University.

Diploma in Information & Systems Management, a one-year full-time IT diploma.

Certificate program in Leadership with AI.