CHIEF FINANCIAL OFFICER
Petronor Group Ltd
Total years of experience :17 years, 1 Months
Role: Established and implemented robust financial governance models to reduce costs for services Leveraged
financial acumen approach to steer consensus among core finance functions, including forecasting, strategic
and financial planning, negotiations, and institutional financing. Formulated management reports for
budgeting and forecasting process. Streamlined corporate financial operations by setting-up detailed
systems and processes.
Accomplishments:
Provided leadership and transactional support to negotiate, reply to the due diligence queries, carving out,
and management of the covenants for the sale of business unit in the post-transaction in despite years of
losses and in the COVID hit 2020.
Prospectus creation and support to raise capital for the next project.
Prioritize the business needs to align the shareholder’s interests with the Sale Deed.
Cash flow and Liquidity support in the absence of external funding in the years of losses.
Created Pricing Strategies in the most turbulent years of business.
Strategic Planning while working on the micros and macros of the business.
Achieved bottom-line results by executing cost optimization resulted in overall savings.
Introduced a holistic approach for procuring and collecting WHT worth $1, 526, 319 for closing tax liability for
FY 2015 and $616K/- for FY 2016. Overall Cashflow Savings to the Company to date is more than $ 4M.
Instrumental in substantial savings by effective Risk Management of Company viz a viz Insurance coverage
of the Assets. The overall savings are more than 30% of Insurance costs for the Company.
Improved organization’s financial activities by implementing the adjustment of the excess security deposit
with a value of $188, 190 on ongoing negotiated contracts and agreed with the incumbent service provider.
Strong interpersonal skills to build stakeholders relationships.
Contributed to the success of regulatory initiatives by devising and developing policies for the overall management
of the company. Sustained professional relations with banks for securing funded as well as non-funded lines to
streamline business requirements. Established the organization’s robust financial management resources by
optimizing the pricing time of estimation process through methodically mapping the price with the actual costs.
Enhanced senior management decision-making capabilities by timely forwarding financial reports to top-
tiers and endorsed as to its completeness, reliability, and accuracy.
Singlehandedly boosted the process of the top line by 8% by analysing a formal Variation Orders process.
Timely secured 95% collections from the clients to minimize reliance on the bank facilities.
Slashed cost of financing by renegotiating lending rates with the banks for funded and non-funded lines.
Lead all operations of the finance and
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courses: SP Jain Centre of
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in
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courses: Venture Finance Program