General Manager
REEME FZ LLC (part of US KKR Co.)
Total years of experience :21 years, 5 Months
100% subsidiary of REEL LTD (US Investment firm KKR) one of top waste management companies in India and part of business conglomerate RAMKY Group having a size of more than USD 1.5 Billion.
Asst. Financial Controller (managed a team of more than 25 )
Engg. Division having various sub-divisions - Projects, Civil Construction, Services, Maintenance, etc. Having manpower strength 8000+.
-Covering all facets of Finance, Accounts, Commercial, etc
Monitoring fund position of clients on daily basis, follow up, ageing analysis, etc.
•Critical assessment of client’s portfolio with regard to risk.
•Co-ordinate with branches and clients as well.
•To keep surveillance on the limits of market segments- BSE, NSE, NSE F&O, NCDEX and MCX and helps in keeping balance in deposits and withdrawals with the Exchanges in all these mentioned segments.
•MIS related to Daily Turnover and Brokerage and comment views on them - reporting to Director and Sr. VP as well.
•Daily comparison of Organization’s volume with the overall market and helps in decision making to the Business Development Team.
•To liaise with the Exchanges and keep track of funds lying with them as deposits against margins etc.
•Keep track of speculative transactions.
•Keep track of doubtful clients and analyzing daily their deposits against exposure.
•Solving the queries of the Branches as well as Clients regarding various matters ie: deposits, margins, margin funding, pledge, release, pay-in, pay-out, transferring of funds from one segment to another etc.
•Assisting software team in developing various reports -MIS Reports and Margin Reports
Comparative cost analysis of purchases of chemicals, electrical, instrumentation and mechanicals as well.
•Negotiation with OEM’s and Dealers.
•Development of new vendors and alternative sources for economical purchases.
•Conducting on line reverse auction and e-procurement.
•Follow up for payment to creditors and vetting of bank guarantees etc.
•Keep track and Follow up with Vendors for materials.
•Coordination with Stores, Accounts etc.
•Attending meetings with technical team for to analyze their material requirements.
•Managing the material crisis / urgency by making available material to the technical team.
Engaged in internal bank audits - Bank of Baroda.
(Covers - audit of forex related transactions, scrutiny of project reports, analysis of loans given and borrowing by bank and other Banking regulation compliances, physical verification of stocks ie: units inspection. etc.)
•Done various Tax Audits u/s 44 AB.
•Also done audits of Non public funds and trusts.
•Handled various company law matters related to incorporation, filing form with ROC’s, Memorandum of Association and Articles of Association.
•Secretarial audit i.e: compliance of Company Laws.