Head - Operation
CorpAge Investor Services Pvt. Ltd.
Total years of experience :34 years, 1 Months
• Set up a startup company to provide services like process corporate actions, shareholder request, process KYC.
• Raised funding for the start-up through angel investor / private equity platform.
• Coordinated with IT vendor in software design & implementation.
• Built up a team to build & maintain clients’ shareholder records, process corporate actions, shareholders' requests and ensure statutory compliances.
• Led a high performing F & A team to drive business performance for a pumps & turbine manufacturing plant with annual turnover of INR 6 Billion. Delivered high quality, timely and accurate financial analysis and reporting and develop strong collaborative relationships with organizational leaders to drive performance and facilitate effective decision making by senior management team.
• Prepared annual operating plan and cost centre budgets by closely monitoring expenses against budget, and presented weekly updates & dashboard reports to the management.
• Successfully implemented customer credit control system & recovered INR 300 Million from overdue receivables.
• Achieved 18% of reduction in Inventory by conducting a detailed analysis such as FSN, ABC, and VED.
• Sales tax saved by collecting sales tax forms of INR 160 Million and implemented a Form Management System.
• Improved profitability by providing product wise contribution analysis, project wise cost analysis, to the marketing team to improve sales mix and margin.
• Effectively managed funds by monitoring collections and weekly cash flows, utilized non-funding credit limits, closely monitoring letter of credit, handled funding for the projects, based on the contracts.
• Played a vital role in implementing SAP and provided day-to-day support to users.
• Established project wise rolling forecast for cash, revenue, and expenditure. And forecast of cost-of-completion report periodically for key project.
• Managed finalization of accounts, Profit & Loss, Balance sheet, audits, filling of tax returns.
• Successfully conducted a review of project performance and status on a monthly basis, managed project wise cash flows, adhere to project commitment and expenditure budgets.
• Successfully implemented SAP improvement initiatives to improve quality of reports, recommended training plans/initiatives for the user are abreast with latest SAP processes and functionality.
• Set up 15 profit centers/franchisee networks across the country fully satisfying the management, implemented profit center accounting, and established internal audit system.
• Successfully handled Finance and HR function, including treasury, term loan, working capital, bank guarantees, and letter of credits.
• Vital role in setting up a joint venture company with Lippert Unipol GmbH.
• Handled in-house software development, this includes case study, system analysis, data tables, system flow and controls, user requirement, MIS report designing and ensured implementation of the system.
• Successfully assisted in preparation of the due - diligence report, building fixed asset records, and compliance of due-diligence audit with M/s AF Fergusson.
• Raised INR 200 Million in cash crisis by way of “Sale and Lease Back” from a financial institution.
• Successfully handled capitalization of INR 4 Billion of a joint venture of CEAT & GOODYEAR.
• Coordinated the implementation of ERP - JD Edward Financial & PRISM Resource management.
• Successfully handled payroll & benefits administration for 1000 plus employees.
• Independently handled customer invoicing, receivable accounting, debtors ageing and reconciliation.
• Prepared MIS reports, cash flow statements and submitted to corporate.
• Handled accounts payable, bill passing, posting, payments and vendor reconciliation.
• Handled Bank, petty cash, and monthly bank reconciliation statements.
• Handled Excise, dispatches, export, RG23 Part I & II, PLA, RT12, audit and compliance.
• Handled inventory, GRN/GIR preparation, inward register, stock register, imports.
• Handled Employee Master Records, recruitment, leave & attendance, PF & Gratuity and payroll.
Certificate In COBOL Programming