Rithesh Mishra member case study

The CIMA qualification gives added confidence and knowledge to know the impact of various strategic and operational decisions.”

“CIMA members bring in professional maturity and practical viewpoint which are crucial to a successful business.”

Throughout his journey with Maersk India Pvt Ltd, Rithesh played an anchor role in successfully implementing SAP BW system - "Business Consolidation System", which transfers accounting data from SAP to reporting system, HFM, without manual intervention.

His role in simplifying the process of reporting by reducing the reporting process period by 40% has been significant. He also was effectively involved in increasing the score on Financial Managers Scorecard by consistently delivering essential support / solutions for various issues stated in the Control Dashboard.

“The CIMA qualification helps us to strengthen our fundamental concepts in management accounting as well as to evaluate various business cases from different perspectives which in turn helps to take quick, informed decisions in day-to-day work.” says Mr Mishra.

“CIMA members bring in professional maturity and practical viewpoint which are crucial to a successful business. They are equipped to envisage opportunities whose impact is beyond profitability alone.”

Memberspeak: CIMA India Liaison Office 303, 3rd Floor, VIBGYOR Towers, C-62, G Block, Bandra Kurla Complex, Bandra East, Mumbai 400 051.

T. +91 22 4237 0100 +91 22 4237 0111 +91 22 3291 1383 E. india@cimaglobal.com

RITHESH MISHRA www.cimaglobal.com/india

ACMA, CGMA Business Controller, Boehringer Ingelheim India Pvt Ltd

Boehringer Ingelheim is a

benchmarking the company's existing business structure.

pharmaceutical company founded

by Albert Boehringer (1861-1939)

“The CIMA qualification gives added

in Ingelheim am Rhein, Germany.

From its inception in 1885 when

confidence and knowledge to know

it employed just 28 people in

the impact of various strategic and

Nieder-Ingelheim, the company has

operational decisions.”

since become a global enterprise.

Today, it stands as one of the

An ACMA, CGMA, Rithesh started his career with a management training programme in Maersk - “Maersk International Shipping Education” - where he acquired experience and knowledge from many different business areas within a few years and built networks characterised by international friendship and high-level professional and personal collaboration through work as well as study.

During his tenure at Maersk, he was rotated into various roles and business units starting with Business Process Improvement in the Global Service Centre of Maersk, Credit Controller for the liner business, Financial Analyst & Finance Business Partnering - every role having an increased level of responsibility.

world's 20 leading pharmaceutical companies with 145 affiliates and more than 42,000 employees worldwide.

As part of research and development activities for innovative drugs, the company focuses primarily on the therapeutic areas of cardiovascular diseases, respiratory diseases, diseases of the central nervous system, metabolic diseases, virological diseases and oncology.

Boehringer Ingelheim is a full member of the European Federation of Pharmaceutical Industries and Associations EFPIA.

RITHESH MISHRA As a Business Controller with Boehringer Ingelheim India Pvt Ltd, Rithesh has been responsible for implementation of financial systems, setting up of financial activities within the organisation including financial reporting, budgeting, forecasting, sales recognition, account receivables, capital expenditures and managing strategic alliance activities.

He played an anchor role in the comprehensive analysis of 10 biggest competitors along with the analysis of Janssen India's (Pharma div of Johnson & Johnson) cost structure, net profit, gross profit, employee cost, A&SP, revenue per employee, effective tax rate, DSO, material consumed, CAGR and growth vis-à-vis its competitors which helped in

“The CIMA qualification helps us to strengthen our fundamental concepts in management accounting as well as to evaluate various business cases from different perspectives which in turn helps to take quick, informed decisions in day-to-day work.”

Next, he moved into commercial Finance role with Janssen India (Pharma div of Johnson & Johnson) where he was responsible for coordinating business analytical matters by providing financial support to the business teams, developing sales and P&L spending, projections, actual results, analysing sales trends and performing financial analysis of sales and marketing programmes.

Rithesh opted for CIMA as it is a unique qualification which has a perfect combination of both theoretical and practical business scenarios. “The syllabus is apt and very relevant in today's competitive world”, says Mr Mishra.

Rithesh explains, “Working in a commercial finance function, it is always imperative to have broad thinking at all times. The CIMA qualification has given me those fundamentals and helped me in getting a broader overview of every practical situation in the business.

Boehringer Ingelheim is a

benchmarking the company's existing business structure.

pharmaceutical company founded

by Albert Boehringer (1861-1939)

“The CIMA qualification gives added

in Ingelheim am Rhein, Germany.

From its inception in 1885 when

confidence and knowledge to know

it employed just 28 people in

the impact of various strategic and

Nieder-Ingelheim, the company has

operational decisions.”

since become a global enterprise.

Today, it stands as one of the

An ACMA, CGMA, Rithesh started his career with a management training programme in Maersk - “Maersk International Shipping Education” - where he acquired experience and knowledge from many different business areas within a few years and built networks characterised by international friendship and high-level professional and personal collaboration through work as well as study.

During his tenure at Maersk, he was rotated into various roles and business units starting with Business Process Improvement in the Global Service Centre of Maersk, Credit Controller for the liner business, Financial Analyst & Finance Business Partnering - every role having an increased level of responsibility.

world's 20 leading pharmaceutical companies with 145 affiliates and more than 42,000 employees worldwide.

As part of research and development activities for innovative drugs, the company focuses primarily on the therapeutic areas of cardiovascular diseases, respiratory diseases, diseases of the central nervous system, metabolic diseases, virological diseases and oncology.

Boehringer Ingelheim is a full member of the European Federation of Pharmaceutical Industries and Associations EFPIA.

RITHESH MISHRA As a Business Controller with Boehringer Ingelheim India Pvt Ltd, Rithesh has been responsible for implementation of financial systems, setting up of financial activities within the organisation including financial reporting, budgeting, forecasting, sales recognition, account receivables, capital expenditures and managing strategic alliance activities.

He played an anchor role in the comprehensive analysis of 10 biggest competitors along with the analysis of Janssen India's (Pharma div of Johnson & Johnson) cost structure, net profit, gross profit, employee cost, A&SP, revenue per employee, effective tax rate, DSO, material consumed, CAGR and growth vis-à-vis its competitors which helped in

“The CIMA qualification helps us to strengthen our fundamental concepts in management accounting as well as to evaluate various business cases from different perspectives which in turn helps to take quick, informed decisions in day-to-day work.”

Next, he moved into commercial Finance role with Janssen India (Pharma div of Johnson & Johnson) where he was responsible for coordinating business analytical matters by providing financial support to the business teams, developing sales and P&L spending, projections, actual results, analysing sales trends and performing financial analysis of sales and marketing programmes.

Rithesh opted for CIMA as it is a unique qualification which has a perfect combination of both theoretical and practical business scenarios. “The syllabus is apt and very relevant in today's competitive world”, says Mr Mishra.

Rithesh explains, “Working in a commercial finance function, it is always imperative to have broad thinking at all times. The CIMA qualification has given me those fundamentals and helped me in getting a broader overview of every practical situation in the business.

The CIMA qualification gives added confidence and knowledge to know the impact of various strategic and operational decisions.”

“CIMA members bring in professional maturity and practical viewpoint which are crucial to a successful business.”

Throughout his journey with Maersk India Pvt Ltd, Rithesh played an anchor role in successfully implementing SAP BW system - "Business Consolidation System", which transfers accounting data from SAP to reporting system, HFM, without manual intervention.

His role in simplifying the process of reporting by reducing the reporting process period by 40% has been significant. He also was effectively involved in increasing the score on Financial Managers Scorecard by consistently delivering essential support / solutions for various issues stated in the Control Dashboard.

“The CIMA qualification helps us to strengthen our fundamental concepts in management accounting as well as to evaluate various business cases from different perspectives which in turn helps to take quick, informed decisions in day-to-day work.” says Mr Mishra.

“CIMA members bring in professional maturity and practical viewpoint which are crucial to a successful business. They are equipped to envisage opportunities whose impact is beyond profitability alone.”

Memberspeak: CIMA India Liaison Office 303, 3rd Floor, VIBGYOR Towers, C-62, G Block, Bandra Kurla Complex, Bandra East, Mumbai 400 051.

T. +91 22 4237 0100 +91 22 4237 0111 +91 22 3291 1383 E. india@cimaglobal.com

RITHESH MISHRA www.cimaglobal.com/india

ACMA, CGMA Business Controller, Boehringer Ingelheim India Pvt Ltd