Summary
Overview
Work history
Education
Skills
Websites
Languages
LEADERSHIP & BUSINESS
Certification
Highlights
Timeline
Generic
Shubha Rawat

Shubha Rawat

Goregaon (East),India

Summary

Accomplished finance leader with over 13 years of experience in multinational corporations, currently overseeing the APAC Indirect Tax function. Expertise in navigating complex regulatory environments, strategic tax planning, and managing high-stakes audits. Certified Company Secretary and Independent Director, with a strong foundation in corporate governance and a commitment to strategic business transformation. Recognized speaker and advocate for diversity, equity, and inclusion, with a proven track record in mentoring and leading corporate social responsibility initiatives.

Overview

12
12
years of professional experience
1
1
Certification

Work history

APAC Indirect Tax head

Otis Elevator Co India Ltd.
Mumbai, India
07.2018 - Current
  • Spearheaded all aspects of indirect tax and transfer pricing for the Asia-Pacific region, overseeing tax strategy, compliance, and risk management for 10 countries.
  • Successfully advised on the indirect tax implications of new business models and ensuring seamless integration and tax optimization.
  • Provided key financial analysis for a companywide budgeting project, informing strategic decisions that improved profitability by 7%.
  • Presented to the Board of Directors on key tax risks and opportunities, providing critical insights for strategic decision-making.
  • Delivered INR 1.5 Cr. annual savings through continuous process innovation.
  • Minimized tax exposure to more than INR 100 Cr by handling multiple litigations at different levels for Pre GST, GST and customs.
  • Led the tax transformation projects. Spearheaded process automation for vendor reconciliation, Digital signature and E-invoice implementation.
  • Oversee the precise HSN classification of products across business resulting in accurate indirect tax calculation and duty optimization.
  • Reviewed and analyzed business transactions to identify potential indirect tax implications.
  • Oversaw preparation and submission of indirect tax returns ensuring regulatory compliance.
  • Developed and maintained relationships with external auditors and tax authorities.



Manager – Indirect taxes

Lupin Ltd.
Mumbai, India
06.2015 - 06.2018
  • Led service tax audit independently for 3 years.
  • Single handedly worked to get AEO Tier -2 status to the company. This status is very crucial from customs point of view.
  • Worked on as-Is analysis of GST during implementation by mapping and documenting all existing indirect process and their integration with company’s financial system.
  • Handled service tax compliances from payment to filing of return and reduced tax related discrepancies especially in relation to service tax exposure for import of services.
  • Conducted thorough reviews of tax returns to ensure accuracy and timely submissions.
  • Collaborated with cross-functional teams to identify tax implications on various business operations.

Manager – Accounts

Lupin Ltd.
Mumbai, India
06.2013 - 06.2015
  • Analyzed monthly financial data to identify variances against budget and forecasts, providing key insights to senior management.
  • Prepared and presented detailed financial reports, including income statements and balance sheets, for management review. Manage payment cycles, vendor reconciliation and aging reports to optimize cash flow.
  • Managed financial accounts to ensure accuracy and compliance with organizational standards.

Education

ILPSE - Executive Leadership

INSEAD
08.2025 -

Chartered Accountant -

ICAI
11.2006 - 05.2011

Company Secretary -

ICSI
India

Independent Director -

IICA
07.2025 - 07.2025

Skills

  • Financial modelling
  • Budgeting and forecasting
  • Indirect tax (GST, VAT and customs) and Transfer price
  • Effective delegating
  • Leadership in diverse environments
  • Ethical conduct
  • Customer relationship management systems
  • Interpersonal effectiveness

Websites

Languages

Hindi
Native
English
Fluent

LEADERSHIP & BUSINESS

  • Strategic planning
  • Corporate Governance
  • Stakeholder Management
  • Mentoring & People development.
  • Corporate Social Responsibility (CSR)
  • Diversity, Equity, and Inclusion (DEI) Advocacy.
  • Regulatory & Compliance
  • Cross-Functional Team Leadership
  • Workplace Services Transformation

Certification

Women leader of the year Award – UBS forum (2025)

Young and Inspiring leader – Gain Skill media Pvt ltd(2025)

Tax Transformation Initiative (2024) – Invention

Extra milestone awards for 7 continuous years- Otis Elevator (2018-2025)

Second in Humourous speech contest in Toastmater International (2022) at club level

Highlights

Invited as Keynote speaker/Panellist/ Moderator at various Tax seminar conducted by different Tax forums

Timeline

ILPSE - Executive Leadership

INSEAD
08.2025 -

Independent Director -

IICA
07.2025 - 07.2025

APAC Indirect Tax head

Otis Elevator Co India Ltd.
07.2018 - Current

Manager – Indirect taxes

Lupin Ltd.
06.2015 - 06.2018

Manager – Accounts

Lupin Ltd.
06.2013 - 06.2015

Chartered Accountant -

ICAI
11.2006 - 05.2011

Company Secretary -

ICSI

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Shubha Rawat