Ref. No. : CA - 25788 - (Accounts – with 34.8 years in Plastic Industry)

Education

Bachelor of Commerce University of Rajasthan in 1985

Fellow Member of the Institute of Chartered Accountants of India, in 1989 (Passed in First Attempt)

Skill Sets

Over 25 years of finance and business management exposure driving the benchmarks, setting strategy and achieving the same for reputed organizations

A dynamic go getter with expertise in raising funds and ensuring optimum utilisation of available funds towards the accomplishment of corporate mission. Exposure in analysing existing systems & procedures, preparing annual operating plans, designing internal control systems and facilitate effective decision-making.
Possess thorough knowledge of ERP based accounting system with solid track record of successful rollout, management and turnaround of fortunes. Certified ISO Internal Auditor.
KPAs -
Strategic & Tactical Business Planning, Accounts, Audit Management, Corporate Budgeting & Forecasting, Systems and Process Development, FOREX, Corporate Finance and Funding, MIS / Financial Reporting, Costing, Bank Negotiations & Relations Treasury & Risk Management, Working Capital

ERP Skills
Excellent proficiency in MS Word, MS Ex

Work Experience

Dy General Manager - Finance
Since Nov 2014
Company Profile: Engaged in manufacturing of Technical Textiles.
Job Profile:
Supervision of Accounts, Finance & Commercial dept of the Company
Responsible for day to day administration of the Company
Responsible for timely Corporate Compliance of the Group Companies
Interaction with Statutory and Internal auditors of the Company
Review and analysis of monthly, quarterly, annual reports of financial results, budgets and forecasts and reporting the same to Management and German HQs.
Monitoring and management of the cash flow position of the company and dealing with banks for fulfilling company’s fund requirement.
Providing financial stewardship of company assets and activities by safeguarding and maintaining strong internal control systems.
Maintaining relationship and negotiating commercial terms with bankers (including interest rates, bank charges and other favorable terms & conditions, finalization of documentation and taking disbursements as and when required).
Preparation of Project Reports for Company’s long term funds, getting the same assessed from banks and get the necessary disbursements as per requirement
Interacting with Rating agencies to get the better rating for the company
Successfully implemented Start up Project of the Company

Dy General Manager - Finance
March 2014 to Nov 2014
Company Profile : Manufacturing of Steel Pipes & Tubes and Lighting products.
Job Profile :
Supervision of Finance dept – Processing Cell of the company
Handled total debt portfolio of Rs. 1630 Crores (Working Capital as well as Term Loans)
Monitored and Managed the cash flow position of the company and dealt with banks for fulfilling company’s fund requirement.
Maintained relationship and negotiated commercial terms with bankers (including interest rates, bank charges and other favourable terms & conditions, finalization of documentation and taking disbursements as and when required).
Interaction with Rating agencies to get the better rating for the company

Dy General Manager - Finance
Apr 2010 to Aug 2013
Company Name : Wires & Fabriks (S.A.) Limited
Job Profile :
Supervision of Accounts & Finance dept of the company
Supervision of Costing function of the company
Interaction with Statutory, Internal and Cost Auditors
Review and analysis monthly, quarterly, annual reports of financial results, budgets and forecasts.
Monitored and managed the cash flow position of the company and dealt with banks for fulfilling company’s fund requirement.
Provided financial stewardship of company assets and activities by safeguarding and maintaining strong internal control systems.
Maintained relationship and negotiated commercial terms with bankers (including interest rates, bank charges and other favourable terms & conditions, finalization of documentation and taking disbursements as and when required).
Preparation of Project Reports for Company’s long term funds, getting the same assessed from banks and get the necessary disbursements as per requirement
Got a Project term loan worth Rs. 37 Crores sanctioned within 15 days of its submission to bank to meet the deadlines of TUF scheme.
Got the term loans interest rates reduced in phased manner from 14% to 12.25% within a period of 18 months.
Responsible for Forex transactions viz Export bills negotiations, import bills retirement and remittances thereof, forward cover of forex transactions as and when required, establishment of Letter of credits and Letter of Guarantees etc.
Handled insurance related matters with respect to negotiating with various insurance companies to negotiate with them with respect to the Premium rates and Risk coverage.
Follow up of debtors through regular interaction with the marketing team of the company and providing them the feed back on the status of debtors’ position, reviewing the debtors’ position.
Handled legal matters of the company, which includes the drafting and finalization of Sales/Purchase contracts.
Preparation and analysis of various management reports (MIS for management)
Dealing with various Government Agencies
Actively participated in implementation of ERP “Microsoft Axapta” – worked as Champion leader
Actively participated in implementation of TPM
(Total Productive Maintenance) – Worked as Pillar Champion Leader and responsible for Office TPM activities

Finance Manager
Aug 2005 to Apr 2010
Company Name : Dariah Management Services Co. (DAMAC) LLC
Job Profile :
Successfully managed all assignments on time and assisted senior management of company in maintaining effective operational control.
Effectively reviewed inputs to improve Standard Operating Procedures with regard to operations.
Spearheaded financial supervision of the company’s six branches in five GCC and CIS countries (each branch being headed by Professionally Qualified Accountant).
Part of the core team for:
Dealing with banks, which include Forex Transactions, establishment of Letter of Credits and Letter of Guarantees etc.
Group consolidation of company’s Financials.
Handling Insurance related matters.
Preparation, consolidation and analysis of monthly MIS for the higher management.

Sr. Manager (Finance): Jan’01-Jun’05
Manager (Finance): Jan’98–Jan’01
Asst Manager (Finance):Dec’96-Jan’98
Company Name : Wires & Fabriks (S.A.) Limited
Job Profile :
Played a vital role in liaising with banks and financial institutions.
Undertaken and supervised the Project management also under the company’s expansion cum modernization program.
Meticulously handled insurance related matters with respect to negotiating with various insurance companies to negotiate with them with respect to the Premium rates and Risk coverage.
Active involvement in ERP software development as Core member of Review Steering Committee.
Overseeing debtors through regular interaction with the marketing team of the company and providing them the feed back on the status of debtors’ position, reviewing the debtors’ position.
Spearheaded legal matters of the company, which includes the drafting and finalization of Sales/Purchase contracts.
Actively participated in Lean Sigma Transformation Program (Kaizan).
Effectively obtained finance cost of the company reduced from 7.67% to 3.58% by constant negotiations with banks and effective mix of Rupee as well as Foreign Currency Loans.
Distinction of minimizing company’s debtors from 5.8 month’s holding to 4.1 month’s holding, by constant close follow up with marketing team.

Manager (Accounts)
May 1995 to Dec 1996
Company Name : Shree Rajasthan Syntex Limited

Sr. Finance Executive
Feb 1993 to May 1995
Company Name : Rajasthan Spinning & Weaving Mills Ltd.

Manager (O & M)
Aug 1989 to Jan 1993
Company Name : Modern Woollens Limited

Articleship Training
1985 to 1988
Company Name : B D Gargieya & Co.

Core Competencies
Strategic Financial and Business Management
Spearheading finance activities and designing effective plans & strategies with a view to achieve business objectives and ensure top line and bottom line objectives.
Establishing corporate goals, short term / long term budgets and designing business plans / strategies for maximizing profitability & revenue generation & realised corporate goals.
Heading the unit as profit centre and achieving the corporate objectives through Strategic planning in consonance with corporate business plan.

Working Capital Management
Managing treasury function involving optimum utilization of surplus funds in profitable investments to achieve higher returns, net effect ROI rise by 26%.
Setting benchmark for each Current Assets/ Liability in the number of day’s term; ensuring that trade cycle days are optimized for bottom line maximization.

FOREX Management
Monitoring all types of foreign exchange transactions including Trade Credit, ECB, Overseas Investments, Travel Currency Card, Bullion trading, Options and Derivatives.
Maintaining MIS on exchange transactions; preparation all Reserve Bank Control Returns and negotiating documents under Documentary Credits.

Cost Management
Structuring and formulating procedures for checking In-Built Controls and plugging in Additional Controls.
Undertaking process costing and instituting cost control measures entailing study of costing of components manufactured in-house, job-work and ancillary.

Process & Internal Control
Evaluating internal control systems/procedures, preparing business flow chart for smooth functioning of the activities and set the benchmark reports with a view to highlight the shortcomings and implementing necessary recommendations.
Managing margin and mix analysis to achieve the corporate vision and optimum throughput.

Future Goals

Aspiring top level position in Finance & Accounts in an organisation of high repute

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