jenil joshi

• Responsible for leading the finances of the company, to strategize and strengthen
the companys financial position.
• To develop, establish and maintain appropriate policies, procedures, programs
and controls over the operations of the Company.
• To measure revenue performance, mix and operating margin and identify areas
for cost reduction and operating efficiency, to deliver ROC goals.
• Monitor business performance thru tracking tools, establish course corrections
where required and prepare detailed reports.
• Ensure accurate and timely maintenance of financial records, ledgers, and
accounts.
• Budgets- Preparation of annual budgets and quarterly revise forecast of the
financials.
• Set the overall strategy of the organization regarding accounting policies,
technical accounting, IT tools, financial operations and Treasury.
• Oversee cash flow planning and ensure availability of funds for daily operations
and strategic initiatives.
• Implement a Robust MIS System. Conduct financial analysis to provide insights
on financial performance, trends, and key performance indicators (KPIs) for data
driven decision-making.
• Ensure compliance with all financial and accounting standards, regulations, and
best practices. Comply with all accounting principles, regulations, and reporting
requirements. Prepare monthly, quarterly annual P&L account, Audited Balance
Sheet etc.
• Oversee tax planning and compliance to minimize tax liabilities while adhering to
relevant tax laws and regulations.
• Develop and groom a team of professionals. Mange team for optimum
productivity.
• Working exposure to ERP - SAP, Tally and Navison

Working as Finance Head and major roles & responsibilities includes:

o Financial Reporting
• Financial reporting and oversight of weekly reporting and month end and year end close process
• Support annual strategic planning and forecasting processes including setting operational and financial targets
• Control quality and ensure timely submission of actuals, forecast and budget exercise.
• Provide insight on financial performance such as profitability on product margin, expense and working capital.

o Compliance & Financial Control
• Monitor business control effectiveness and develop/execute improvement plans to ensure accurate financial reporting.
• Implement key controls in accordance with the group’s minimum control standards in Singapore and Japan.
• Ensure the company comply with all Direct and Indirect Tax compliance regulations.
• Ability to identify risk and manage these risk with the division leaders
• Co-ordinate audit processes.

o Budgetary
• Work with budge owners to get an understanding of performance, analyze variances and prepare forecasts/budget
• Lead budget variance commentary and reporting
• Target areas of expense overruns/inconsistencies and implement corrective measures

o Treasury
• Compliance with the Group Treasury Policy
• Provide accurate cash flow forecasting
• Monitor and manage working capital
• Manage banking relationship

o Ethics & Best Practices
• Operate within company policies and procedures such and Code of Business Ethics and Accounting Manual with a high level of integrity
• Ensure compliance of company operations to all applicable laws, regulations and standards, good business practices and company documented procedures
• Engage others, promote and participate in all kind of good initiatives, focusing on continuous improvement.
• Reporting to Managing Director and Head Office in Singapore and Japan

Heading Finance Department for 5 + 2 (under construction) units at Mysore and major role includes:
 Business monitoring and reporting to the MD and CEO of the company
• Monthly review of unit wise business performance.
• Review of budget forecast vs actual for controlling and ensuring business goal with the Unit Heads.
• Review of subsidiary and associate company including new investment proposal
• Strategic planning for new business proposals and new CAPEX for cost budget control
• Implementing and review of strategies for Cost Control
• Core Member for implementing Infor LN ERP
• Introduced Product Costing and regular review for decision support to management

 Controlling - Finance & Accounts
• Monitoring the preparation of books of accounts as per regulatory and legal requirements, ledger scrutiny, reconciliation of accounts and reporting.
• Reviewing the financial reporting for management on monthly basis and tracking the financial health of the company.
• Develop and document business processes and accounting policies.
• Liasioning with Banker, Government Department and Auditors
• Forex and Treasury Management in line with RBI Compliance.
• Introduced Internal Control System and SOPs for Finance.
• Tax Compliance for all units and applied for State Government Subsidy scheme
 Highlights
• Handled the Income Tax search operation successfully.
• Introduced the concept of power trading and helped in lowering the power cost.
• Successfully got sanction for new Bank loans including Foreign Currency and performing hedging activity

Petronet LNG Limited - Dahej
Officer - Finance Dec 12 - Present
Overall responsible for Supervision of Accounts at Dahej Terminal, supervising GL, develop annual budget with input from operating department and tracking, monthly-quarterly and yearly closing, Tax compliance for Gujarat VAT, C Form, Service Tax & TDS, Structure and streamline various financial processes in post SAP Implementation with the best practices, Lead & supervise healthy productive interactions with auditors for Statutory Audit, Internal Audit & Tax audit, Tendering, Approvals and Procurements - Commercial Level, CAPEX tracking and booking into SAP, supervises lead and support finance staff.
✵ Core Member of SAP ECC 6 up-gradation at plant level.
✵ Successfully completed Assessment of GVAT

Rishi FIBC Solutions P Ltd - Vadodara
Manager - Finance & Accounts May 11 to Nov 12

Managing team of Accountants for smooth and timely execution of various accounting process, finalization of balance sheet and review of Monthly Accounts, preparing of monthly MIS and Financial Statements to the management, timely payment to the Contractors, Suppliers, handling financial concurrence of various contractual and procurement proposal, compliance of Direct and Indirect Tax, checking and laying down suitable internal controls in the systems, monthly finalization of Inventory, reconciliations of Debtors, Creditors, preparing CMA data for Term Loans and arrangement of funds for routine and CAPEX requirement, liaison with bankers, monitoring the actual performance, profitability and variance analysis.
✵ Successfully handled the Income Tax search operation with zero tax liability disclosure from company side.
✵ Successfully finalized and prepared the balance sheet in new Schedule VI within 30 days from the end of the FY in the very first year of its implementation.
✵ Suggested and implemented the concept of power saving by power trading.
✵ Successfully got sanctioned bank loan in Foreign Currency and hedged for future and saved companys interest cost.
✵ Recommended best investment for company with respect to tax planning.

Mundra Port & SEZ Ltd - Mundra
Assistant Manager - Management Audit & Assurance May 10 to May 11

Performing Pre-audit of Dry Cargo Area, post-audit on assignment basis. (Receivable, Payables, Incomes & Expense), ensuring strict adherence to the compliance requirements relating to Internal Audit, preparing audit reports and reporting to AVP - Internal Audit.

✵ Direct contribution of reduction in expenses of the company through pre-audit observations.
✵ Successfully implemented various system strengthening strategies and internal control.