CV1 Aayushi Gupta 61920120
CV1 Aayushi Gupta 61920120
21/4
EDUCATION
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Indian School of Business (ISB) | PGPM (Finance, Strategy & Leadership) Apr’19 to Apr’20
• Governance Coordinator, Finance & Governance Council, Graduate Student Board (GSB)
- Achieved the highest cohort response rate of 94.8% (70% in previous years) for GSB performance surveys
▪ Received the response within the shortest time span of 2 weeks by conducting multiple awareness drives across all clubs;
▪ Published performance ratings for 24 Clubs & 7 councils based on 2000+ cohort reviews collected;
▪ Revised the budgets and roadmaps of 20 Clubs based on performance surveys and ratings (~ 15 clubs previous years).
• Campus semi-finalists (10/500) in Reliance TUP ConQuest, a simulation on formulating disruptive market entry strategies.
• National finalists (Top 0.16%) in Blitzkrieg, an IIM-A simulation competition based on real – life CXO decisions.
• National finalists (ongoing) in Mahindra War Room, a competition based on building a comprehensive business model.
Institute of Chartered Accountants of India | Chartered Accountant Jun’12 to May’16
• First Attempt with distinction in 2 subjects – Strategic Financial Management & Advance Management Accounting
Mumbai University | HR College of Commerce & Economics: Jun’12 to Jun’15
• Bachelor’s in Commerce: CGPA - 7/7 in all 6 semesters; Specialized in Financial Accounting & Auditing.
WORK EXPERIENCE
Reliance Industries Limited (RIL) | Manager - Finance, Compliance and Analysis (FC&A) Feb’17 to Feb’19
2 years’ experience in Financial Planning & Reporting, Risk Assessment, process improvements and legal compliances.
Achievements and Initiatives
• Finalized the first INDAS compliant Financial Statements within 15 days(~30 days previously) from the end of FY 17-18.
- Implemented the new Indian Accounting Standards framework for 3 subsidiaries and secured sign-off from the Board.
-Youngest among 25 team members to present Quarterly and Annual Results to the Board of Directors at Board Meetings.
• Led an automation project to record & reconcile 50+ related parties transactions leading to a monthly saving of 4 man-days.
- The new related party dashboard was adopted by 30+ subsidiaries across RIL after its successful implementation.
Financial Reporting, Planning and Analysis
• Steered the finalization of accounts and audits of 4 RIL Group Companies with annual turnover up to INR 89,000 Mn.
- Published independent financial reports of 2 subsidiaries, with INDAS compliant Notes to Accounts, for RIL shareholders;
- Statutory Compliances: Received auditor sign-off on financials with proposed changes of less than 1% of profits;
- Tax Compliances: Managed Advance Tax payments & refunds of INR 4,000 Mn; ensuring 100% compliance every year.
• Conducted risk assessments & monthly P&L projections with record variance of less than 5% for 5 consecutive quarters;
- Interacted with 15+ stakeholders to analyze variations and submit revised budgets/projections to Chairman’s Office.
Special Project: Commissioning of Natural Gas Pipeline and Process Redesigning
• Managed the accounts of two Natural Gas Pipelines with capital expenditure of INR 40,250 Mn in the project stage.
- Coordinated with 15+ stakeholders to reconcile business data; submitted to Petroleum & Natural Gas Regulatory Board;
- Analyzed alternatives for implementing Accounting Policies; chosen alternative saved INR 360 Mn tax.
• Played a key role in revising the capital structure by cash flow analysis and forecasting future cash flow requirements
- Proposed & executed advance billing to customers to the tune of INR 12,500 Mn for immediate funding requirements;
▪ Resulted in debt reduction of INR 4,000 Mn and INR 320 Mn savings on interest expenditure.
▪ Obtained Lower Tax Deduction Certificate from Income Tax Office; Reduction in TDS payments by INR 1000 Mn.
- Assisted the treasury team with the issue of preference shares of INR 2,000 Mn for further funding of the project.
▪ Analyzed cash flow and tax liability forecasts for multiple funding alternatives of term loans and preference shares.
Leadership
• Spearheaded the organizational transition of the project to its Commissioning Stage within 1 month from end of trial runs.
- Led a team of 3 members reporting to the Chairman’s Office for restructuring the Company into 3 business segments;
- Achieved tax saving of INR 1500 Mn by conducting financial analysis, tax due diligence, and business segmentation;
- Evaluated classification of expenditure as revenue or capital as on commissioning date; led to INR 30 Mn profit in Year 1.
Articleship and Industrial Training
Reliance Industries Limited | Industrial Trainee Sep’15 to Aug’16
• Validated Vendor invoices up to INR 100 Mn for indirect tax compliances by reviewing terms of payments and tax charges
- Coordinated with 50+ vendors to ensure ~95% accuracy (vs 85% previously) on final invoice processing.
PricewaterhouseCoopers | Articleship Trainee Aug’13 to Aug’15
• Independently conducted Statutory Audits of clients in Service Sector, Manufacturing Industry, and E-Commerce Industry.
- Prepared risk assessment analytics and quarterly audit reports for Publicly Listed client in Oil & Gas sector.
OTHER ACHIEVEMENTS & PERSONAL INTERESTS
• Literature – Published over 20 poems in English language. Awarded the Best Literary Work Award in 2012 at district level.
- Own a personal collection of 200+ novels and organize reading sessions for the underprivileged kids.
• Organized blood donation campaigns for 50+ donors in association with RISE Org.
• ISB - Conducted Peer to Peer Sessions on Finance & Accounts for 30+ students.
• ISB - Volunteered for Admissions Application Vetting for Class of 2021; Vetted over 10 applications.