Nitesh Jain

About Nitesh Jain

Dedicated to the world of finance and committed to driving strategic financial growth, I have had the privilege of honing my skills in diverse financial landscapes. My career journey has taken me through an exciting array of experiences, allowing me to excel in various facets of financial management and corporate strategy. Banking Collaborations: Building strong partnerships with leading banks, including Public sector, Private sector & PSU\'s. Capital Expertise: Demonstrating proficiency in evaluating and securing funds for capital expenditures, investments, and working capital needs. Financial Instrumentation: Orchestrating a wide array of financial instruments, from Capex Loans to Working Capital Limits, Letter of Credit to Bank Guarantees, and Buyers Credit, among others. Financial Acumen: Have raised ECBs/Rupee Term Loans/Working Capital Loans for more than Crores. Risk Management: Managed foreign exchange risk and interest rate risk through various hedging instruments forward, swaps and options. Cash Flow Mastery: Expertly preparing and overseeing Cash Flow Statements to ensure the effective management of working capital. Credit Ratings: Engaging with credit rating agencies for initial ratings and annual surveillance, collaborating with entities like CRISIL, ICRA, D&B, and Fitch Group. Financial Modeling: Crafting financial models, CMA Data, and projections to secure term loans and enhance working capital facilities. Performance Analysis: Meticulously analyzing and reporting on budget variances and financial performance. Financial Innovation: Pioneering structured products like Factoring, reverse factoring, Channel financing, supplier financing, LC/BG, and ensuring accurate Loans & FD accounting provisions. Comprehensive Reporting: Delivering ad-hoc business performance reports and presenting comprehensive Monthly Reports (MIS) to top-level management for informed decision-making. Documentation Proficiency: Demonstrating hands-on experience in executing loan documents for various credit facilities. Budgeting & Forecasting: Continuously engaged in the development and maintenance of budgets and forecasts. Variance Analysis: Diligently conducted variance analysis, comparing our planned financial performance with actual results. This process allowed us to pinpoint areas of strength and areas needing improvement, ultimately enhancing our financial decision-making.

Experience

1. Manager

   Spark Minda

   Apr 2025 — Present

Education

• S S Jain Subodh P G College, Jaipur

  Bachelor of Commerce - BCom, Business Administration and Management, General

• University of Rajasthan

  Master's of Commerce

• University of Rajasthan

  Bachelor of Commerce - BCom

• The Institute of Chartered Accountants of India

  Chartered Accountant

  2013 — 2018