Arpit Verma

About Arpit Verma

Chartered Accountant with over 15 years of diversified and rich experience in finance and accounting domain. Currently heading large and diversified global accounting team, which includes complete supply chain accounting, corporate record to report, Centre of excellence for lease accounting, and statutory financial reporting (under multiple local GAAPs). In prior role, involved in setting up of complete finance and accounts function from scratch for an INR 250Cr ($34Mn) business unit. Also played a key role in introducing finance to business and operations to build a more cohesive work environment, leading to smooth results. Have experience of managing functions like RTR, GL, payroll, banking, contract management, FP & A, pricing, taxation, operational risk & compliance, internal audit as part of larger finance domain.As a leader, mentored and guided team to initiate and implement key finance projects like finance transformation (both inbound and outbound movement), GST implementation, procure to pay and record to report function set up, Ind AS implementation, IFRS 16- Leases - 1st time implementation, built up controls to prevent fraud, reducing and eliminating cash transactions from operations leading to increased efficiency, strengthen the controls around balance sheet accounts, etc. Being worked on both sides of finance transition and transformation projects, it gives an unique exposure and experience of understanding the business and operational needs, employee sentiments, appropriate controls and team placement in a better way.Expertise: Financial Reporting, Financial Analysis, Management Accounting, Record to Report, Record to Analyze, GL Reconciliation, US GAAP, IFRS, Ind AS, SOX Controls, Shared Service setup, Process set-up, Process Migration, Automation, Centre of Excellence, Finance Transformation, GST Implementation, Merger, Restructuring, Audits, Team Building, Leadership.

Experience

1. Head Corporate Finance, Statutory Coe and Global Quality & Risk

   General Mills

   Oct 2024 — Present · Mumbai, IN

Education

• The Study, Udaipur

  Higher Secondary, Commerce

  1989 — 2004

• Indian Institute of Management, Indore

  Accelerated Leadership Program, Leadership

• Mohanlal Sukhadia University

  Bachlor Of Commerce, Commerce

  2005 — 2007

• The Institute of Chartered Accountants of India

  Chartered Accountant, Accounting and Finance

  2005 — 2009

• Indian School of Business

  Strategy Formulation and Execution

Skills

• Internal Controls
• Vat
• Tax
• Value-Added Tax (Vat)
• Managerial Finance
• Financial Reporting
• Financial Planning
• Generally Accepted Accounting Principles (Gaap)
• Finance Controller
• Shared Service Center
• Analysis
• Finance
• Gaap
• Management
• Financial Accounting
• Auditing
• Internal Audit
• Mis
• Corporate Finance
• Financial Analysis
• Management Information Systems (Mis)
• Accounting