OWNER
R K Pati and Company - Self Employed
مجموع سنوات الخبرة :28 years, 5 أشهر
Fincance consulting, CFO services, Tax and Accounting, Forex and Treasury services.
Heading Treasury and Forex and managing a portfolio of USD 2.5 Billion.
providing services in Accounting, Finance, Tax and CFO to SME sectors
Rs. 1200 Cr publicly listed multi-location company, Auto Components manufacturer (Anand Group).
DGM Finance
Started as a member of SAP team & implemented SAP ECC across 4 locations. Later moved to corporate finance and handled Treasury / Forex (portfolio of Rs.250 Cr. through a consortium of 6 bankers); Working Capital Management, Cost Reduction, MIS, Costing, Budgeting, Audit, Capex and Taxation. Interim additional responsibility as
Global Financial and IT Solutions Consulting Firm
International MBA in Finance & post MBA projects, USA MBA & Projects -USA
$14 mln private Media, global distributor of films & alternate contents with operations in 6 countries
Comptroller Finance
Full P&L responsibility with revenues from 80+ venues across 3 continents; Improved systems and controls & redesigned financial back office to integrate global operations, Conducted in-depth analysis using complex models to identify & closed 40% non performing venues; monitored actual vs. budget and key performance indicators (“KPIs”). Supported transfer of the content delivery service from RAIN Brazil to in-house; improved internal controls, coordinated cross functional departments for operations/managements & auditor for tax return (1065/K-1); Reported to the President.
•Initiated month end close (earlier quarterly close) & reported profit on day 7 with 95% accuracy.
•Led a team of two, collected over $ 1.0 mln overdue receivable and reduced overdue Acct Receivable by 90%.
•Introduced a credit management format in venue acquisition; helped grew venues by 120% (from 40 to 85 venues).
•Developed & simulated a model for a technology transfer, reduced operating cost by 50% ($.1 mln / year).
•Completed clean financial audit and oversaw preparation of tax return.
NY- $120 mln publicly traded world’s leading
One-year full time Masters of Business Administration
MBA Scholar
•One of the five students (out of 120 in total) to receive both a scholarship and a fellowship award and an on campus job.
•Served as a fellow with student service division providing infrastructure support, classroom facility, and event hosting to a
class of 120 students from 32 countries.
Rs.60 Cr. listed; auto components manufacturer,
Rs.85 Cr. process control equipments, industrial engineering, and turnkey solutions to process industry
LARGEST AUTOMOBILE GROUP, MUSCAT, OMAN (April’16 TILL July 19)
More than 5 decades old, $ 5+ Billion closely held, Diversified business portfolio spanning into automobiles, real estate, charitable organization, heavy vehicles, construction equipment’s and travel services. The group contributes to the economic growth of the nation by introducing world-class brands into Oman and other GCC countries.
Head Treasury and Banking of a Group of Companies
Heading banking and treasury function with a direct reportee of 18 staff in a large corporate finance environment of 160+ staff, dealing with 20+ banks located in three different GCC countries, managing large funds flow with a close eye on 120+ bank accounts, managing a $ 2.5 Billion bank facility limits with a group turnover of over $5.0 Billion, hedging forex, trade services & payments, transaction processing, accounting & audit, facility review, negotiating cost of funds, VAT, Negotiating LC's (Import & Export), handling 150+ credit cards & 70+ POS terminals in a multi company set up. Handling BIG4 audit as per IFRS and MIS.
Managed significant challenges in handling a large cash flow and reduced idle cash by over 66%. Significantly Improved relationship with bankers while maintaining cost of funds in a cost rising period coupled with country downgrading. Improved processes and controls and contained risks on large volume payment transactions through bank cards and POS terminals. Negotiated card incentives and managed the card usage leveraging full credit period while achieving targets hitting highest rebate level. Responsible to GROUP CFO (2nd to the Chairman).
•Smoothly handling the profile after taking over the position from previous manager who served for 37 years in same position.
•Improving processes and reports by automation.
•Co-ordinated and Collected long pending dues of OMR 122K duty refunds from customs
•Negotiated a target based incentive scheme for card utilization with banks and realized a rebate of $ 0.5 Million p.a.
•Reduced cash holding from OMR 15M to OMR 7M, saving annual interest by over OMR 160K.
•Significantly reduced card usage risk by restricting usage in specified merchant terminals.
•Streamlined covenants across different facilities with the banks in line with Group Balance Sheets
INTERNATIONAL MANAGEMENT EXPERIENCE
-
,
courses: Certified Treasury Manager
courses: Certified Treasury Manager
courses: Cost Accountant (All India 43rd rank,
courses: Cost Accountant (All India 43rd rank,
First Attempt, Final Second Attempt