Anup Singhania
CA Rank Holder, Bachelor of Commerce, CFA Level II
8+ years of working experience
Professional Experience
Ibibo Group Private Limited Apr 2014 – Present
Manager, Finance (goibibo-online travel and ibiboAds-online advertisement)
• Managing a team of 5 individuals. Reporting to Director and Group CFO
• Financial controller for internet advertisement business. Involved in financial planning and analysis, setting up effective controls etc.
• Analysis of financial viability of various marketing expenditures of the travel business including but not limited to evaluating return on investment, evaluating effectiveness of various marketing strategies etc
• Annual budgeting and forecasting process of the group
• Merger of one of the group entities with the holding company
• Erstwhile business controller for Gaadi.com (online auto business). Involved in the sale execution process of Gaadi.com to Cardekho.com, primary involvement in valuation discussion and the due diligence process
• Involved in up-gradation of Oracle ERP from 11i version to R12 version
• Creating management reporting pack & financial reporting pack
Key learnings: Financial planning and analysis, Corporate reporting, US GAAP
The Xander Group Feb 2012 – Nov 2013
Analyst, Asset Management
• Reporting to Managing Director and Managing Partner
• Post investment monitoring of financial & operational performance for a portfolio of real estate projects valued at over ~ USD 400 million
? Leading finance (team of 6) for a ~USD $80 million investment in a retail cum entertainment center from an under-construction stage to an operational stage
? Involved in planning, budgeting, streamlining business processes, finalization of yearly financial statements, preparing financial models for exploring additional investment opportunities, creating reports for top management in areas such as finance, leasing, operations etc
? Finalized and negotiated comprehensive insurance for the newly operational entertainment centre
• Participated in board meetings with joint venture partners to evaluate future strategy for investee companies in multiple areas including but not limited to funding, product-mix, marketing strategies etc
? Achieved 100% increase in sales upon implementation of suggested marketing strategy for a residential development
• Managed treasury worth ~USD 70 Mn invested across various investee companies
? Achieved savings of ~USD 100,000 by active management of working capital and active portfolio management
• Designed exit strategies for the fund investments and cash repatriation strategies from investee companies to investors
• Closing the audit of the investee companies including discussion with Big 4 auditors
• Managing investor relations. Handling queries relating to investing companies from existing and prospective investors.
• Quarterly reporting of financial performance of investee companies
Key learnings: Overall understanding of the real estate industry, practical application of various financial concepts such as IRR, NPV, sensitivity analysis, preparation of real estate financial models
PricewaterhouseCoopers Private Limited Mar 2010 – Feb 2012
Associate, Mergers & Acquisitions (Transaction Structuring)
• Reporting to Assistant Manager and Associate Director
• Team member involved in providing tax advice to one of the leading Indian healthcare provider for Business Trust listing in Singapore
• Restructuring of promoter shareholding in group companies to achieve operational and financial efficiency
• Evolving tax and regulatory efficient structure to invest overseas through acquisitions or greenfield route
• Advising foreign companies on ways to consolidate Indian holdings to mitigate tax leakages
• Practical application of SEBI takeover code, SEBI listing agreement, Foreign Direct Investment regulations etc.
Key learnings: Understanding tax and regulatory considerations involved in any corporate re-structuring/ acquisitions, application of theoretical tax and regulatory knowledge on practical situations
Major Clients handled:
? A major Indian healthcare service provider looking to raise funds through business trust listing in Singapore
? A diversified Indian conglomerate looking to acquire an overseas oil and gas services company
? A telecommunication service provider looking to grow outside India through acquisitions and greenfield route
Ernst & Young Private Limited Feb 2007 – Feb 2010
Internship, Assurance & Risk Advisory Services
• Audit and analysis of every item of balance sheet and income statement including but not limited to revenue recognition, inventory, provisioning of debtors and calculation of deferred tax asset and liabilities
• Performing ratio and variance analysis to evaluate line items trend of company vis-a-vis the industry
• Review of various business processes to identify any operational and/or financial risk through analyzing existence, effectiveness and adequacy of internal controls
• Suggesting improvements to the businesses processes to mitigate operational and/or financial risk
• Presentation of audit findings to management and closure of audit reports
Key learnings : Gained knowledge on functioning of various business processes of manufacturing and service companies, developed skills to analyze the financial position of a company and learned professional etiquettes
Major clients handled:
? India’s leading automotive supplier and its subsidiaries
? A diversified industrial conglomerate
? A healthcare service provider
Education
Degree Level/ Year Remarks Institute/ University
Chartered Financial Analyst Level I – Dec 2009
Level II – June 2010 Pass (Ist Attempt)
Pass (Ist Attempt)
CFA Institute, USA
Chartered Accountant Final – June 2009
PE II – Nov 2006
PE I – May 2005 62% (All India Rank 40)
69.33% (All India Rank 35)
64.75% (Ist Attempt) The Institute of Chartered Accountants of India (“I.C.A.I”)
Bachelor of Commerce 2004 - 2007 68.12% Shri Ram College of Commerce, Delhi University
ISC 2004 93.5% The Frank Anthony Public School, Kolkata – ISC
Significant Awards and Achievements
• “Best Speaker Award” out of 10 speakers for the Learning and Development Session held in PwC
• Secured All India Rank 35 in the PE- II Examinations conducted by I.C.A.I in November 2006
• Secured All India Rank 40 in the Final Examinations conducted by I.C.A.I in June 2009
Computer Proficiency
• Advanced level working experience in Word, Excel and Power-point (Microsoft office)
• Experience of working in SAP, Oracle and Tally – accounting packages
Interests
• Animal welfare, Cricket, Networking, Yoga
Personal Details
• Date of birth – 23 February 1986 (29 years)
• Languages known – English (full professional efficiency), Hindi (full professional efficiency)
• Contact details – Phone +91 98996 35605, Email - anupsinghania@gmail.com