Manager Management

mitesh jain, cpa, ca

Roslyn Heights, NY ***** 718-***-**** **********@*****.***

Corporate Controller

Accomplished CPA with 20+ years working with financial systems. Effective leader, with experience managing and leading team in fast-paced, deadline-driven environments to deliver results aligned with organizational strategic goals. Leverages solid business acumen and technical expertise to lead organizational transformation initiatives including mergers and acquisitions, system and infrastructure implementation and operational implementation. Proven success with developing, leading, and directing financial strategies, and identifying and providing appropriate solutions to improve business and financial results. Works effectively with all levels across organization.

Core competencies/areas of expertise include:

ü Global Financial Planning & Analysis ü Business Process Improvement ü Sarbanes-Oxley

ü Business Transformation ü Management Reporting ü Staff Development

ü Mergers & Acquisitions/Integration ü Project Management ü Leadership/Training

ü Risk Management/Internal Controls ü Performance Management ü System Implementation

Career Highlights

Played a critical role in sale of Repucom to Nielsen, managing due diligence and sale process, executing a proper exit strategy for investors, and heavily involved in integration of finance, treasury and setting up legal entity structure subsequent to merger.

Implemented ERP system Microsoft Dynamics, and used shared service resources to generate global reports to drive business as well as increase efficiency in monthly closing process.

Implemented time tracking and pricing system, which helped to measure the actual to budget as well as calculating project profitability, resulting in increased gross margin by 4% which amounted to $2.9M.

Helped in building consulting and digital team in India, saving approximately $400,000 in annual salaries

Implemented semi-monthly accounts receivable and DSO report using shared service resources in India, improving collections and reducing the DSO of over 90 days in 2013 to 65 in 2015 on a significantly higher revenue size.

Spearheaded ERP implementation, streamlining systems and procedures which includes the global consolidation module, intercompany balance reconciliation system and product tracker.

Involved in managing cost with expected revenue growth to lessen the impact of revenue loss on EBITDA

Key member of due diligence team in the acquisition of businesses in Italy, Brazil and consulting business in Australia

Professional Experience

NIELSEN SPORTS, Stamford, CT July 2016-Present

Global Finance Controller and VP Treasury & Tax

Transitioned from Repucom to Nielsen after acquisition in July 2016 with expanded responsibilities due to departure of CFO including finance and system integration, working capital settlements, tax valuations, and treasury restructuring.

REPUCOM, Stamford, CT Apr 2013-June 2016

Global Finance Controller and VP Treasury & Tax

Repucom is a global leader in sports and entertainment marketing consultancy providing a single global source of comprehensive, independent market research, analytics and consultancy services to 1,000 of the top rights holders, brands, agencies and broadcasters across the sports and entertainment industry. Repucom employs over 1,400 personnel in more than 20 offices spread over 16 countries.

Joined Repucom at behest of private equity investor (G F Capital) to correct multiple operational issues and stabilize its finance division by implementing proper management reporting, treasury management, tax planning and related compliance, and key internal controls.

Entrusted to a strategic internal consulting role to advise on initiatives effecting global positioning, tactical actions, and resource allocations for long-term initiatives specifically related to M&A activity.

Developed and implemented various performance and operational tools and reports which included weekly sales and cash reports, intercompany reconciliation tools, pricing tools, monthly global financial consolidation package, and management & board reports.

Supervised monthly financial reporting, providing detailed business explanations behind variances against forecast, budget and prior year for Income Statement, Balance Sheet and Cash Flows.

Presented relevant weekly, monthly and annual reporting to CFO, executive committee and Board regarding the underlying performance of the business, leading indicators and key metrics, to include client analysis, product penetration, market share, and other business analysis metrics.

Managed budget process including discussions and “challenge meetings” with market leaders and local finance controllers, and subsequent monitoring of budget to improve profitability.

Established new banking relationships and implemented a global treasury management system to increase visibility on local cash positions, enabling us to hedge foreign currency exposures and save significant amounts in foreign currency transfers by using preferred currency exchange rates.

Reviewed the key accounting policies to ensure compliance with the IFRS and provided alternative accepted accounting methods to help improve EBITDA. This included a detailed analysis of revenue recognition policies in accordance with IFRS.

Reviewed M&A proposals from business and accounting perspectives. Lead due diligence efforts and worked closely with local market segments on the valuation and recording of acquisition transactions.

Identified areas for cost control and employed lean processes for better management and reporting of major costs. Conducted ERP system implementation on a global basis.

Developed and monitored the financial and non-financial key performance indicators and reviewed contract pricing and consulting rate cards for all markets.

Consolidated the accounting and reporting functions of smaller far-east geographical markets into a central shared service concept based in Repucom’s India office. Utilized this concept to create additional cost effective resources to assist in the global consolidation and reporting process.

Designed and developed multiple financial models, used to execute and oversee the long-term global and market specific business strategy.

Created and maintained a model to outline foreign exchange implications on the delivery of results in USD.

ERNST & YOUNG, Mumbai, India Nov 2012-Mar 2013

Senior Manager

Provided oversight of Sarbanes-Oxley testing procedures for the financial statement audits of multinational companies such as Siemens, Transocean and Colorcon.

Identified and addressed technical issues to ensure financial statements prepared in accordance with US GAAP, IFRS and applicable local GAAP.

WEISER MAZARS LLP, New York, NY Jun 2005-Oct 2012

WEINICK SANDERS LEVENTHAL/DDK LLP, New York, NY May 2001-May 2005

Senior Manager

Managed quarterly reviews (10-Q) and annual audits (10-K) of North European Royalty Trust and Bluefly Inc., public companies listed on NY Stock Exchange and NASDAQ, respectively, in accordance with PCAOB standards which included audit of internal controls over financial reporting based on COSO criteria.

Provided extensive consulting services for leveraged buyout transactions with transaction values in excess of $175 million. Advised on the application of US GAAP / IFRS guidance on mergers and acquisitions, post combination corporate structure, preparation of the opening balance sheet, and optimum debt structure.

Performed due diligence (M&A) procedures involving test of receivables, revenue cut off, deferred revenues, other assets, and liabilities to ascertain EBITDA.

Provided frequent consulting advice regarding GAAP and IFRS rules on revenue recognition, round trip accounting, asset acquisition, impairment, troubled debt restructuring, accounting for rebates and discount, etc.

Held meetings with clients and board of directors, to discuss business operations, strategy, future plans, growth and profitability and important audit issues.

Actively involved in new staff training, mentoring, and continuing educational seminars for junior and senior staff. Authored several technical articles for the firm’s accounting newsletter. Lead Senior Manager in Weiser Mazars’ manufacturing and distribution (“M&D”) segment. Regularly met with bankers, lawyers, private equity and investment bankers as part of networking initiatives to facilitate introductions and add value for clients.

**Previous Positions:

Novartis Abbot /Mumbai, India, Assistant Manager-Corporate Accounts

Deloitte, Mumbai, India

Education

Certified Public Accountant 2003

Chartered Accountant 1995

Company Secretary – Inter 2000

Bachelor of Commerce, 1992

Competent Communicator Award from Toastmasters International

Publications & Affiliations

Authored two technical articles – one on asset impairment and the other on debt restructuring

Authored an article titled “Using Technology to Reach Potential Customers” which was published as part of a periodic market segment newsletter.

Submitted comments to PCAOB proposed draft on Auditors Communication

AICPA

New York State Society of CPAs

The Institute of Chartered Accountants of India

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