NIHAR RATADIA

ACCA, CA-ICAI (Pursuing), B.Com

Mumbai, India | +919768797730+
[email protected] | linkedin.com/in/nihar-ratadia

PROFESSIONAL WORK EXPERIENCE

DELOITTE INDIA JUNE/2022 – FEBRUARY/2024
ASSISTANT MANAGER – AUDIT AND ASSURANCE
❖ OMAN Clientele (Largest Oil & Gas Producer)
• Investigated into contractor payroll costs and vehicle rental expenses at oil fields, discovering significant idle time for vehicles and
identifying substantial excess payroll expenses, subsequently improving the cost-saving measures.
• Implemented an optimized SAP coding framework across the organization, enhancing accounting accuracy and enabling detailed cost
center breakdown at the station level.
• Representing as OpEx Finance lead, conducted training sessions for over 150 employees across five oil fields to familiarize them with
the revised SAP coding framework.
• Calculated quarterly OpEx variances and collaborating closely with departmental SPOCs to identify trends and drivers; streamlined
processes resulting in a 20% reduction in time spent and improved forecast accuracy for future budgets.
• Enhanced monthly and quarterly MIS reports by 65%, using Power BI and PowerPoint designs, eliminating technical jargons to make it
easier for non-finance stakeholders to understand.
❖ SAUDI ARABIA Clientele (Telecom, Agriculture & Livestock)
• Streamlined disclosure requirements for financial statements, meeting industry standards by benchmarking against top 50 companies
and referencing IFRS and Big 4 publications.
• Assisted in developing a fixed asset register, tagging and coding framework to facilitate the transfer of operational fixed assets to a
subsidiary of the largest Agricultural and Livestock Investment Company.
❖ INDIA (Real Estate, Media, Waste Water Management)
• Oversaw the preparation of monthly MIS reports and year-end closing activities, including preparation of financial statements under
IndAS for multiple subsidiaries of a reputed real estate group
• Led a process improvement initiative that identified 30% of wasted benefits and 55% of non-value-added approval process for a
significant operating expense. Reported findings to senior management for corrective action.
• Contributed to IPO readiness Financial Statements, reconciliation of related party transactions and coordinating with external auditors
for audit finalization.
• Defined the chart of accounts (CoA) and tagged over 15,000-line items to support the migration of financial statements to an automated
software in collaboration with external vendors.

RSM INDIA (SURESH SURANA & ASSOCIATES) JULY/2021 – MARCH/2022

OFFICER – STATUTORY AUDIT (Paint & coatings, Grooming equipment, Devices and Printers, FMCG, Pharmaceutical)
• Managed the finalization of external audits, inventory verification and testing of ICFR and risk control matrix.
• Conducted a component audit for a French parent company under IFRS standards, focusing on IFRS 15 and IAS 2.
• Performed multiple Tax Audits under Indian laws and supervised the work of 10 associates in preparing tax audit reports.

PATKAR & ASSOCIATES, CHARTERED ACCOUNTANTS - ARTICLE ASSOCIATE MARCH/2019 – FEBRUARY/2020

KRESTON SGCO & CO LLP, CHARTERED ACCOUNTANTS - ARTICLE ASSOCIATE AUGUST/2017 – MARCH/2019
PHD & ASSOCIATES, CHARTERED ACCOUNTANTS – ARTICLE ASSOCIATE FEBRUARY/2017 – AUGUST/2017

PROFESSIONAL / ACADEMIC EDUCATION

ACCA Affiliate JUNE/2024
Association Of Chartered Certified Accountants, United Kingdom
Chartered Accountant Finalist (2nd Group cleared, currently pursuing Group 1st) NOVEMBER/2024
The Institute of Chartered Accountants of India (Pursuing)
Bachelor of Commerce, majored in Accounting and Commerce. APRIL/2017
Mithibai College of Commerce and Economics, Mumbai, India

PERSONAL SKILLS AND KNOWLEDGE

❖ Fundamental understanding of Accounting Software like Power BI, SAP, Alteryx, CaseWare, Advanced Excel.
❖ Organizer to various team building activities at Deloitte, RSM India and Kreston SGCO
❖ Conceptual Understanding of IFRS 17, IFRS 19 and ESG.
❖ Strong leadership, presentation, communication and interpersonal skills.

DETAILS & INTERESTS

Languages Fluency : English, Hindi, Gujarati, Marathi.
Hobbies And Interest : ❖ Trekking, Cycling, Weightlifting & Meditation
❖ Networking, Travelling & Exploring New Places
❖ Movies, Music & Night Life.