MIR RAFIQUE
Finance Manager
Summary
Financial professional with a Chartered Accountancy (CA) qualification, an ACCA-UK Diploma in IFRS, and a first-class B.Com (H) degree. Over 9 years of proven expertise in Finance & Accounts, Financial Planning & Analysis (FP&A), Annual Operating Plans (AOP), IFRS/Ind-AS, Taxation & Compliance, Project Finance, Treasury, Audit, and related functions in startups, MNCs and mid size companies.
Overview
9
9
years of professional experience
9
9
years of post-secondary education
6
6
Certifications
3
3
Languages
Work History
Finance Manager | Lead-Finance & Accounts
VIGOCARE PRIVATE LIMITED
04.2023 - 02.2025
- Spearheaded finance and accounts operations for India and Singapore, leading a team of 7 members, reporting to CEO and effective cross functional collaboration.
- Lead a team responsible for accounting operations of A/R, A/P, GL, treasury, Audit and statutory compliance.
- Developed the annual operating plan(AOP) and financial models aligned with long-term organizational objectives. Monitored actual performance and conducted in-depth variance analysis with AOP.
- Built and implemented MIS structures to monitor and understand business performance across products regions & at org level.
- Closely monitored capex, working capital, revenue growth, EBIT, and EBITDA and cash flows.
- Prepared IFRS-compliant financial statements and managed audits for standalone and consolidated financial statements in India and Singapore.
- Handled the treasury function, including Foreign Direct Assistance (FDA), cash flow planning, fixed deposits, mutual funds, and both project and term loans. Regularly submitted required documentation to banks, such as stock statements, debtor statements, CMA data, and other compliance-related reports
- Built key SaaS metrics (NRR, CLTV, New Customer MRR, ARR) to analyze business performance in terms of revenue growth and the effectiveness of the business model.
- Actively engaged in raising funds across various rounds from HNIs, family offices, and venture capitalists.
- Ensured the company's valuation was maintained through each fundraising round and advised on optimal pricing strategies.
- Maintained a healthy cap table on a fully diluted basis, monitoring the impact of current and future fundraising on the dilution of promoters and existing shareholders.
- Built an efficient global corporate structure to protect investors and optimize tax efficiency.
- Obtained expert opinions on FEMA, transfer pricing, and international tax compliance. Developed a strategy for infusing funds from the foreign parent company to the Indian entity.
- Designed and tracked pricing policies, prepared unit economics statements for each product, and ensured target gross margins were maintained.
- Collaborated with the CEO to design and implement various business policies, including incentive structures and payment collection mechanisms.
- Led complex negotiations with overseas vendors for importing hardware and services.
- Conducted cost optimization exercises to ensure value for money for each cost item.
Manager-Finance & Accounts
TATA POWER LIMITED (TPNODL)
04.2022 - 02.2023
- Managed a team of four, directly reported to the CFO.
- Closed the books of account monthly, conducted variance analysis against the Approved Annual Operating Plan (AOP), and delivered comprehensive MIS reports.
- Facilitated the smooth completion of Limited Reviews with Big 4 auditors and finalized quarterly interim accounts before Audit Committee meetings, consistently receiving no qualified or adverse remarks.
- Ensured accurate treatment of OCI items, Regulatory Deferral Account Balances, Current Tax, Deferred Tax, and Actuarial reports, aligning with Income Tax principles, IndAS-12, and IndAS-114.
- Processed all transactions through SAP, finalizing accounts and preparing financial statements per IndAS/IFRS and Schedule-III division-II of the Companies Act, 2013.
- Contributed to the preparation of the Annual Business Plan and Operating Plan, including forecasts for the upcoming financial year.
- Computed monthly Revenue and Collections for all consumer categories (EHT, HT, and LT) and accurately recorded transactions in SAP.
- Maintained an ECL matrix under IndAS-109 for doubtful debts, particularly for untraceable or nonpaying consumers.
- Managed a tracking system for month-end provisions, ensuring accurate reversal against actual bookings.
Manager Accounts
PHOTON ENERGY SYSTEMS LIMITED
10.2017 - 12.2021
- Prepared CMA data and evaluated projects using NPV & IRR.
- Created projections and forecasts for funding submissions to banks and financial institutions.
- Negotiated term sheets with financiers for Renewable Energy EPC projects.
- Liaised with CARE and CRISIL for company and project ratings.
- Renewed and enhanced working capital limit with Bank of Baroda.
- Renewed non-fund-based limit of INR 46 Crores for 3 years.
- Maintained DP above CC limits by optimizing debtors, stocks, and trade creditors.
- Secured GST refund of INR 20.5 Crores and ensured compliance with GST provisions.
- Handled VAT, CST, and Service tax assessments, successfully resolving CST demand.
- Tracked Term Loans and Cash Credit, ensuring no defaults.
- Managed all accounting operations including Billing, A/R, A/P, GL, and Cost Accounting.
- Prepared monthly MIS, weekly cash flow forecasts, and liquidity reports.
Manager Accounts
RAYYAN CONSTRUCTION & DESIGN PRIVATE LIMITED
02.2016 - 09.2017
Education
Chartered Accountancy -
The Institute of Chartered Accountants of India
01.2010 - 05.2015
Diploma in IFRS - undefined
ACCA UK
07.2020 - 05.2021
B.Com (Accts H) - undefined
D.D.C.E Utkal University
04.2010 - 05.2013
Skills
- Financial Reporting
- IFRS/IndAS, GAAP
- Oracle Fusion, SAP, Zoho Books, Tally
- FP&A and MIS
- AOP and Budgeting
- Financial controllership
- Fund raise and valuation
- Process & policy formulation
- Treasury function
- Compliance
Certification
DipIFR ACCA UK
Websites
Personal Information
- Date of Birth: 06/08/90
- Gender: Male
- Marital Status: Married
Timeline
Finance Manager | Lead-Finance & Accounts
VIGOCARE PRIVATE LIMITED
04.2023 - 02.2025
Manager-Finance & Accounts
TATA POWER LIMITED (TPNODL)
04.2022 - 02.2023
Diploma in IFRS - undefined
ACCA UK
07.2020 - 05.2021
Manager Accounts
PHOTON ENERGY SYSTEMS LIMITED
10.2017 - 12.2021
Manager Accounts
RAYYAN CONSTRUCTION & DESIGN PRIVATE LIMITED
02.2016 - 09.2017
B.Com (Accts H) - undefined
D.D.C.E Utkal University
04.2010 - 05.2013
Chartered Accountancy -
The Institute of Chartered Accountants of India
01.2010 - 05.2015
Similar Profiles
Raviteja ParimiRaviteja Parimi
Test Engineer at Vigocare Private LimitedTest Engineer at Vigocare Private Limited
RAVITEJA PARIMIRAVITEJA PARIMI
Product Owner at Vigocare Private LimitedProduct Owner at Vigocare Private Limited
Vishwasai KarnatiVishwasai Karnati
iOS Developer at VigoCareiOS Developer at VigoCare
UPENDRA BHARDWAJUPENDRA BHARDWAJ
Manager Accounts and Finance/Unit Finance Head/Finance Controller at JKPL Packaging Products LimitedManager Accounts and Finance/Unit Finance Head/Finance Controller at JKPL Packaging Products Limited
Kunal SondawaleKunal Sondawale
Assistance Manager (Lead –Branch Accounts & finance) at OPTIVAL HEALTH SOLUTION LTD.Assistance Manager (Lead –Branch Accounts & finance) at OPTIVAL HEALTH SOLUTION LTD.