Rajat Kumar

About Rajat Kumar

Chartered Accountant with 6.5+ years of post-qualification experience in financial reporting, group consolidation, and financial analysis across listed and multinational organizations. Currently part of the Corporate Finance function at Tata Power Company Limited, with prior experience at KPMG (BSR & Co. LLP), leading audit assignments for listed and global entities across sectors including power & utilities, manufacturing, fintech, and financial services.Experienced in Ind AS / IFRS financial reporting, multi-entity consolidation, and regulatory compliance, with exposure to management reporting and financial performance analysis supporting FP & A and strategic decision-making.Core expertise includes:• Preparation and review of Ind AS / IFRS compliant standalone and consolidated financial statements• Group consolidation across complex entity structures including subsidiaries, JVs and SPVs with intercompany eliminations and reporting packs• Impairment assessment of investments and assets, including evaluation of impairment indicators and related disclosures• Preparation of management reporting packs and variance analysis supporting senior leadership and FP & A teams• Process improvement and reporting automation using SAP S/4 HANA, SAP-BPC, Power BI, and advanced Excel• Streamlined trial balance upload processes for non-integrated entities, reducing monthly close timelines by ~25%• Strong understanding of SEBI LODR, Schedule CARO, and Companies Act regulatory frameworksPassionate about leveraging financial data to generate insights, strengthening reporting frameworks, and supporting business decision-making. Interested in opportunities across FP & A, finance business partnering, and group reporting roles where strong financial fundamentals can be combined with analytical and strategic finance capabilities.

Experience

1. Lead Associate Corporate Finance

   Tata Power

   May 2023 — Present · Mumbai, IN

   Preparation of Ind AS–compliant consolidated financial statements for the listed parent and group entities, including subsidiaries, joint ventures, SPVs, and foreign entities (Revenue: Cr | Balance Sheet: Cr). • Lead group consolidation activities, including intercompany eliminations and review of financials of domestic and overseas subsidiaries, ensuring adherence to group accounting policies and reporting timelines. • Manage monthly, quarterly, and annual financial close processes, ensuring accuracy, regulatory compliance, and audit readiness. • Perform impairment assessment of investments and assets and conduct variance and trend analysis to evaluate financial performance across group entities. • Prepare management reporting packs and performance analysis for senior leadership, highlighting key financial drivers, business trends, and operational insights, leveraging SAP S/4 HANA, SAP BPC, and Power BI.

Education

• The Institute of Chartered Accountants of India

  Chartered Accountant

• Gaya College, Gaya

  Senior secondary , Business/Commerce, General

• Banaras Hindu University

  Bachelor of Commerce (B.Com.), Accounting and Finance