Associate Vice-President
Par Pharmaceuticals Inc
Total years of experience :35 years, 0 Months
Responsibilities
•Heading the Finance & Secretarial Function in India including 2 subsidiary companies.
•Accounts Finalization and Consolidation of Group Company accounts both in I-GAAP & US-GAAP.
•Strategising and analysing new business opportunities.
•Carrying out all aspects of M&A of 2 companies.
•Coordinating with the Board on Decision Making.
•Planning, Budgeting, Reporting and Analysis.
•ERP Planning and Implementation.
•SOX Compliance & Internal Financial Control
JV Promoted by Indian Oil Corporation & Oil Tanking Gmbh
Responsibilities
•Drawing Business Plan and Strategizing for growth and increasing profitability.
•Presenting new investment plan and business opportunities to the board.
•Managing and controlling the Finance and Commercial function.
•Handling of Direct and Indirect Taxation, involving Transfer Pricing.
•Preparing and finalizing annual accounts in both IGAAP & IFRS accounts for German reporting.
•Complying with Import, Export and EOU procedures.
•Working Capital Management and Control.
•Planned and executed Business acquisition and successfully combining the business with the main business stream.
•Successfully co-ordinate and implemented various cost saving methods, improving the productivity and increasing the turnover and profits.
Highlights
•Visited Germany frequently for Brand Management, Manufacturing and marketing strategy meets.
•Proposed, planned and executed the Acquisition of a Private company in similar industry and successfully commenced production for marketing internationally.
•Turned around the group from Red to Black with specific strategies.
•Leveraged on outsourcing capacities to improve the production flow and increase productivity.
•Arranged funds through ECB, Export packing credit and OD facility for Acquisition and working capital.
•Successfully presented the case on Transfer Pricing to get a favourable order from Appeals & Assessment
Responsibilities
•Performing the function of Head of Finance & Accounts for the company;
•Audit and finalization of Accounts;
•Banking and Treasury Management;
•Management Reporting to Holding Company;
•Cost Management, Budgeting & Budgetary Control;
•Handling Direct tax and Indirect Taxation.
Highlights
•Accounting and other statutory formalities for De-merger of the company from the parent planned and executed.
•Setting up of Accounts, Finance, Purchase, Sale and stock process and procedures.
•Functioned as
•Managing the financial operations in Southern region of the country; controlling the activities of branch.
•Maintaining customer database and customer accounting; maintaining debtors and following-up on collections.
Highlights
•Branch Accounting System implemented and integrated the same with the main accounts.
•Monthly and daily reporting formats from all the branches was conceptualised and implemented
One of the Largest Steel Manufacturer in the world.
•Budgeting and Budgetary Control
•Product Costing and Product Profitability Analysis
•Initiated and Implemented Costing and Reporting system for the company.
SIGNIFICANT ACCOMPLISHMENTS:
•Acquisition of two companies and working all registrations and setting up systems and processes.
•Strategy to outsource additional capacity and increase the flow of production helped in increased turnover and profits. This strategy was analysed and presented by me to the board for their concurrence.
•Processing, compiling and filing of DRHP for an IPO.
•Processing De-merger of the company and initiating the new company;
•Acquisition of a running Tool manufacturing company with proper due diligence and finance tie-ups. Initiated additional investment to commence new product manufacturing.
•Team leader for Design & Implementation of ERP System for the company
ACMA & eMBA from IIM-Kozhokode