Summary
Overview
Work History
Education
Skills
Accomplishments
compliance familiarity
financial expertise
modules - f i/ c o
Languages
Timeline
Generic
Sachin Hinge

Sachin Hinge

Mumbai

Summary

Efficacious Corporate Finance Expert, Financial Services Specialist and Chartered Accountant with 23+ years of Excellence with well-reputed firms. Qualified CA, capable of leveraging expertise in leveraging strategic, financial, and commercial acumen to manage financial function of companies, support effective business decision-making and meet top line and bottom-line objectives. Remarkable methodology in devising financial systems, checking audit procedures, ensuring legal compliance with company's finance & accounting standards and reconciliation processes within pre-agreed timelines. Trained in ERP for SAP/R3/4.6B/FICO MODULE. Presently open to avenues that put forward an environment rich with growth oriented trials, enabling me to deliver value-driven results by understanding the industry dynamics, upcoming challenges & risk factors in which a business operates.

Overview

27
27
years of professional experience

Work History

Senior Director - Financial Planning & Analysis

Marsh McLennan Global Services India Pvt.Ltd.
04.2023 - Current
  • Leading budgeting and forecasting, improving accuracy.
  • Initiated cost-saving measures, reducing expenses.
  • Established KPIs and dashboards for performance monitoring.
  • Streamlined operations for increased efficiency with process improvements and automation.
  • Aligned financial goals with business objectives through collaboration.
  • Directed high-performing FP&A team, implementing training programs.
  • Reduced reporting cycle times and enhanced data accuracy.
  • Ensured regulatory compliance, reducing audit findings.
  • Managing manpower planning, optimizing resource allocation.
  • Active stakeholder management, fostering transparent communication.
  • Leading legal entity-specific projects, ensuring compliance and efficiency.
  • Strategic advisor to the MMGS Board.
  • Increased employee satisfaction, providing regular coaching and feedback sessions.

Director Financial Planning and Analysis

Marsh McLennan Global Services India Pvt. Ltd.
09.2021 - 03.2023
  • Lead the annual planning process for the Home Office, assisting department leaders with completing their budget templates, inputting budgets into Hyperion, preparing presentations for the CEO, and developing the methodology to allocate costs to the operating divisions.
  • Manage the P&L of all non-allocated Corporate costs, completing a monthly operating review of performance to forecast and bridging year over year cost variances.
  • Understand and maintain the allocation rules to allocate corporate costs to the business segments.
  • Develop materials for a quarterly executive review of Home Office costs, so that business presidents can understand and weigh in on decisions impacting their allocated cost levels.
  • Prepare a quarterly analysis of global G&A costs, consolidating variance explanations from the business finance teams.
  • Coordinate with the Hyperion team to maintain department hierarchy and allocation rules.
  • Support the CEO, VP, and Directors with ad hoc analysis as requested.
  • Provide change management leadership for the process.
  • Design and improve processes with Navigation and operational partner.
  • Support FP&A initiatives in a project manager role as determined by corporate-wide initiatives (e.g., Goal Grading, Affiliate Cost per FTE Analysis, Corporate Costs Topside Allocation process).
  • Support Business Teams in designing the Annual Efficiency Release Plan, MI reporting in the Actual vs. Plan format.

Finance Controller

Marsh McLennan Global Services India Pvt.Ltd.
09.2008 - 08.2021

(Started as Manager Finance and then elevated to Finance Controller. Deputed as APAC Controller for 2 years)


Finance Operations:

  • Streamlined reporting activities, ensuring timely data collection.
  • Conducted financial performance reviews, resolving irregularities.
  • Managed annual budget preparation in collaboration with JLTI.

Taxation:

  • Monitored end-to-end tax compliance, including income and withholding tax.
  • Stayed updated on changes in taxation rules and ensured adherence to Transfer Pricing regulations.

Accounting Operations:

  • Oversaw balance sheet reconciliations and statutory/tax audits.
  • Prepared accurate monthly financial statements and reconciliations.

Compliance Management:

  • Ensured adherence to procedures and standards, maintaining control over finance.
  • Managed regulatory compliance for internal/statutory/transfer pricing audits.

Management Reporting & Decision Support:

  • Provided accurate financial reporting for JLT India and global entities.
  • Enforced strict cost control through monthly budgetary reporting.
  • Analyzed spending decisions, identifying financial risks and opportunities.

Financial Controller

JLT Re APAC Region
01.2016 - 12.2018
  • Led a team of 3 in Mumbai, overseeing timely and accurate management accounting, forecast, and budget processes.
  • Managed financial reporting in compliance with the latest Group Accounting Standards, serving as the 1st and 2nd Line of Defense for company-wide compliance.
  • Handled regulatory reporting, including statutory accounts, in collaboration with JLT Asia Specialty or directly as required.
  • Accountable for accounts payable, cash-flow, and working capital for the Singapore entity.
  • Managed FX exposure with the Group Treasury and collaborated with the IBA team on treasury and cashiering functions.
  • Spearheaded IFRS 15 Implementation and contributed to a 3-year strategic planning process.
  • Collaborated with Asia Pacific CEO and COO on offshore activities and intragroup allocations.
  • Actively improved the control framework for financial and regulatory reporting, including Client Money Calculations and Year-end audit processes.

Team Manager - Financial planning & Analysis (FP&A)

M/s Tata Consultancy Services
12.2006 - 08.2008
  • Perform monthly books closure, conduct VAT audits, draft budgets, ensure timely and accurate monthly reporting, work on project for Teleglobe, deliver training to off-shore team, oversee monthly closing, and create variance analysis reports.

Asst. Mgr. Accounts & Finance

M/s Bajaj Electricals
06.2004 - 12.2006
  • Deliver financial oversight to the company's branches, conduct auditing, handle statutory compliances, maintain fixed assets register, and prepare MIS reporting.

Audit In-Charge

M/s. M.M.Nissim & Co. Chartered Accountants
06.2002 - 06.2004
  • Undertake audits for eminent clients and deliver high-quality financial services.

Credit Processing Associate (C.P.A.)

ICICI Bank, Credit Cards Division
12.2000 - 03.2002
  • Process credit applications and assist with credit card operations.

Articles of Apprenticeship

M/s. M.A. Gore & Co.
08.1997 - 08.2000
  • Gain practical experience in accounting and auditing.

Education

Chartered Accountancy - Finance, Taxation And Audit

Institute of Chartered Accountants of India
New Delhi, India
05.2005

United Systems Infotech Pvt. Ltd.
01.2002

Bachelor of Commerce, First Class -

Mumbai University
01.1997

Skills

  • Thorough proficiency in leading finance functions for high-volume business environments while serving as a driving force towards financial objectives, and Systems, Policies & Procedures design to facilitate internal financial controls
  • Well versed with modern accounting systems and standards with expertise in preparation of MIS Reporting (Balance Sheet, Profit & Loss Account), Accounts Analysis, Taxations, Reconciliation Statements and General Accounting & Auditing
  • Successfully heading Corporate Finance Teams across aspects of Cost and Budget Governance for long term growth
  • Strong analytical rigor to support Asset Management and investment decisions with backing of prevalent economic / financial reforms and extensive understanding of market conditions & external factors that impact business profitability
  • Providing Internal Audit direction and developing productive relationships with Senior Management at a Global Level to establish evolving control processes for large regional businesses (APAC)
  • Adept in managing Direct & Indirect Tax matters & ensuring timely assessment & filing of tax returns; comprehensive knowledge of regulations and compliances as well as excellence in providing effective advises on compliance with local GAAP
  • Strong know-how of administering Company-wide Tax frameworks with a focus on accurate and timely Tax Declarations based on thorough entity mapping, preparation of exhibits, tax assessment regulation, appeal & litigation
  • Policy Development
  • Organizational Development
  • Team Management
  • Team Building Abilities

Accomplishments

  • Marsh Int'l CEO Choice Award 2022: Recently awarded for exceptional global leadership.
  • CEO Choice Award 2018: Recognized for impactful leadership.
  • CFO Choice Award 2014: Honored for financial acumen and strategic decision-making.
  • CEO Choice Award 2013: Acknowledged for outstanding contribution to organizational success.
  • Manager of the Year 2010: Recognized for exceptional leadership.

compliance familiarity

  • IGAAP
  • UKGAAP
  • IFRS
  • Companies Act 1956
  • Income Tax Act 1961
  • Central Excise Act 1944
  • Indian Customs Act 1962
  • FEMA 1999

financial expertise

  • Accounting Policies
  • Accounting Standards
  • Standard Auditing Practices
  • Bookkeeping & Accountancy
  • Finance & Accounts Management
  • Interpreting Financial Data
  • Balance Sheet
  • Cash flow Statements & Forecasting
  • Statutory Compliance Management
  • Tax Administration
  • Internal Process Control
  • Budget Administration
  • Team Leadership
  • MIS Management

modules - f i/ c o

  • General Ledger Accounting
  • Accounts Receivables & Payables
  • Assets Accounting
  • Cash Journal and House Banks Controlling Creation and Maintenance
  • Integration with Materials Management and Sales & Distribution

Languages

English
Bilingual or Proficient (C2)
Hindi
Bilingual or Proficient (C2)
Marathi
Bilingual or Proficient (C2)

Timeline

Senior Director - Financial Planning & Analysis

Marsh McLennan Global Services India Pvt.Ltd.
04.2023 - Current

Director Financial Planning and Analysis

Marsh McLennan Global Services India Pvt. Ltd.
09.2021 - 03.2023

Financial Controller

JLT Re APAC Region
01.2016 - 12.2018

Finance Controller

Marsh McLennan Global Services India Pvt.Ltd.
09.2008 - 08.2021

Team Manager - Financial planning & Analysis (FP&A)

M/s Tata Consultancy Services
12.2006 - 08.2008

Asst. Mgr. Accounts & Finance

M/s Bajaj Electricals
06.2004 - 12.2006

Audit In-Charge

M/s. M.M.Nissim & Co. Chartered Accountants
06.2002 - 06.2004

Credit Processing Associate (C.P.A.)

ICICI Bank, Credit Cards Division
12.2000 - 03.2002

Articles of Apprenticeship

M/s. M.A. Gore & Co.
08.1997 - 08.2000

Chartered Accountancy - Finance, Taxation And Audit

Institute of Chartered Accountants of India

United Systems Infotech Pvt. Ltd.

Bachelor of Commerce, First Class -

Mumbai University
Sachin Hinge