Nitin Kumsi

Head of Finance - FP&A

Role
Head of Finance - Commercial Fp & a and Contract Audits at Tesco
Location
Bengaluru, KA, IN
LinkedIn followers
500 followers
Finance & AccountingView LinkedIn profile

About Nitin Kumsi

Experienced Finance Professional with a demonstrated history of working in the retail industry. Currently leading the Transformation team to globalise Corporate and Operational planning at Tesco. Skilled in FP & A, External Audit, Statutory Accounting, Report Writing, Financial Accounting and Reporting. Strong operations professional with a ACA focused in Accounting and Finance from ICAEW.

Experience

  1. Head of Finance - Commercial Fp & a and Contract Audits

    Tesco

    Jan 2024 — Present · Bengaluru, IN

    In my current role, I head the Product FP & A team supporting the UK Commercial and Category Directors. Through a team of functional specialists, my team is responsible for producing weekly flash, forecasts and analysis to support the category and finance director. My team stands over £14bn of margins across Fresh, Packaged, General Merchandise and clothing. The team produce high quality reporting, commentary and supplement with insight and analysis which help the finance and commercial teams take appropriate decisions. I also stand over the Contract and Commercial management audit team. My team is responsible for reviewing our commercial terms with key suppliers and identifying opportunities of revenue leakages.Across both teams, I have a team strength of 30. I lead the Every Voice Matters (EVM) initiatives across Finance to improve our colleague engagement in areas like learning and development, managing career options, well-being and play a crucial role in improving the culture across the entire team. I am driving commercial awareness across Tesco Business Solutions by leading sessions on ‘Finance for non-Finance colleagues’ to improve the overall commercial and retail acumen of colleagues across the business.

Education

  • St Louis Convent High School

    Primary education, Higher Education/Higher Education Administration

    1987 — 1993

  • University of Mumbai

    B.E., Mechanical Engineering

    2000 — 2004

  • St. Josephs High School

    GCSE, High School/Secondary Diplomas and Certificates

    1993 — 1998

  • University of Strathclyde

    MSC, Business and Management

    2005 — 2006

  • Bhavans College

    High School (A levels), Science

    1998 — 2000

  • ICAEW

    ACA, Accounting and Finance

    2007 — 2010

Skills

  • Statutory Accounting
  • Qualified Chartered Accountant
  • External Audit
  • Sox Compliancy
  • UK Gaap
  • Financial Audits
  • Internal Controls
  • Financial Accounting
  • Assurance
  • Financial Reporting
  • Big 4
  • Financial Planning
  • Report Writing
  • Internal Audit
  • Ifrs

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Nitin Kumsi — Head of Finance - Commercial Fp & a and Contract Audits at Tesco in Bengaluru, KA, IN | Unifers