CFO / Finance & Business Strategy
Group of Companies
Total des années d'expérience :37 years, 0 Mois
CFO / onsultant in end to end Finance function, Business Strategy & Management, Business Process, Operational Control, Finance & Accounts, Debt & Equity, Internal Process Control, Budgting, Annual Operating Plan, Feasibility Studies, Project Cost and performance monitoring, etc.
Bombay Realty which is a high end realty developer in Mumbai is part of the 130 years old Bombay Dyeing Group with various business interests including textile, retail and realestate development. Bombay Realty is now developing two parcels of land of 30 and 25 acres in the heart of Mumbai. Immediate ongoing development in that are two high end residential towers of 55 and 65 floors. Further development plan of residence as well as mixed use development are in progress. www.bombayrealty.in
As the CFO reporting to CEO as well as the MD, I am responsible for activities including but not limited to
Financial Strategy and Business enablement
Construction & Regulatory monitoring with Contractors
Sales & Collection strategy review - various schemes to enable Sales & Collection
Project development review to achieve project completion and P&L achievement
Contract management, Sub-Contractor and Procurement negotiation
Business structuring / Joint Development / Joint Venture strategy and terms
Project Funding and cash / working capital management
Project Feasibility, Project Budgeting and Monitoring
Annual Operating Plan, Budget and cost control
Operational strategy to achieve Bottomline and KPI
Synchronisation of Business Process and Automation
Receivables monitoring
IndAs Accounting & Reporting, MIS
Contract and Procurement Negotiation
GST and RERA Implementation
Oman Operations of a Shapoorji Pallonji - Worldwide Group from India, engaged in Infrastructure, Construction, Residential & Commericial towers, Engineering projects, EPC and Consumer products.
The Oman operations is engaged in, Construction of Industrial, Residential, Commercial and Institutional buildings as a turnkey EPC Contractor, Inra development, and high-end Facilities Management - executing projects of value US$ 750 Mil & upcoming 250 Mil US$
As the CFO, I am part of the Top Management team responsible for activities including
Corporate Strategy - Business / Operational / Pricing (Tender) / Finance
Project Funding - Working capital / term loan with top banks to the tune 250 Mil US $
Project pre-start and execution Cost and Budgetary Controls - Annual Operating Plan
Business Process Automation - ERP
Divisional / Project Performance Review and Monitoring
Receivables control and monitoring
Debt & Cash flow Management
Accounting & Reporting, MIS
Sub-contract & Client Contract Review - Client certification / claim monitoring
Al Ijarah Group a QR 1.6 Bil marketcap, multi business group listed in Qatar stock exchange and managed by a Board comprising Chairman of various reputed banks & companies of Qatar is engaged in
Complete infrastructure development for 1000 acres in Lusail in Qatar
Construction of Villa - initiating around 800 villas in Lusail
Taxi operation - 800 cars - Qatar Government franchise
Limousines operation - 75 cars
Truck transportation - owning 150 trucks
Leasing financing - 200 Mil Qat Rials - for purchase of property, vehicles and shares
In Al Ijarah as Director - Finance, reporting to the CEO (who in turn reports to the Board), I am responsible for
Business Planning and Strategy support for the CEO
Annual Operating Plan, Budget and Cost Control
Finalising the macro and micro KPIs at various levels for each business vertical
Overviewing closely the Group performance and monitoring the KPIs
Strategising the corrective actions in each vertical to achieve KPIs
Optimising the return on investment
Financial Feasibility study of business opportunities in existing and new line of business
IFRS accounting and consolidation
Streamlining the internal process and control in all the business verticals
Handling the investors and their queries
Adherence to the Qatar Stock Exchange requirements as a listed company
Marg is a professionally managed group engaged in real estate and infrastructure development of Port, SEZs, Residential apartments, IT parks, Villas, Integrated Townships, Serviced apartments, Mall and Multiplex.
As Chief Financial Officer, reporting to the Executive Director and Chairman-cum-Managing Director, I was overviewing the complete group performance against the budgets and projections, handling bankers, handling investor community, debt/equity requirement of various projects, consolidation of group accounts and reporting, managing equity coverage reports on the group by various agencies.
Handled finance, accounts and funding requirements of Sea Port and SEZs Industrial Clusters, industrial plots, commercial buildings and IT parks, Residential buildings, shopping centres and other infrastructural initiates like Airports, township developments.
Prepared detailed feasibility study and business plan for a US$ 1 Billion SEZ project, analysing the IRR, NPV, EV, EVA and Equity Valuation considering the various best possible options in consultation with design, marketing, project teams, for internal planning and debt and equity investment partners requirements.
Co-ordination in equity divestment strategy, preparing and presenting the project features, project valuation, feasibility and divestment plan to Private Equity (PE) and Strategic Investor community along with the Equity Investment team for divestment of equity at Parent and SPV levels.
Prepared a detailed Information Memorandum with project and cashflow details, in co-ordination with marketing, technical agencies and arranged a short-term loan of Rs. 90 crores for the SEZ project. Furhter, long term loan of Rs. 400 crores is under final sanction stage for financial closure with a consortium of banks.
Studying expansion of allied business like Logistics and upcoming marine and infrastructure projects and conceptualizing the debt and equity funding strategy leading to preparation of information memorandum tailor made for debt funding, equity partnership and valuations.
Business restructuring, study and strategise the merger / demerger within the group for value maximisation
Some of the key areas are:-
Feasibility study and business plan of various projects
Debt & equity funding; structured financing options
Financial re-engineering to suit the needs of the business post debt syndication
Valuation of project(s) for divestment
Interacting with investors and bankers
Achieving the best weighted average cost of capital (WACC)
Strategising the project and Product strategy based on the project / product benefits
Best utilization of benefits derived by SEZ & infrastructure projects
Project budgeting and control of material and development cost
Maximising internal process control and efficiency
MIS, accounting and reporting, funds management
Cross functional role as part of the Strategic Planning Group
Merger / Demerger strategy for the group to maximize value creation
Exceed International is a professionally managed group with international real estate development business, software development, equipment solution, building material manufacturing, based in Antioch, IL, USA and Chennai, India. This is a business entity with units in construction, architecture, engineering, real estate, finance, technology, resource management, manufacturing and software development. Indian Operation has dual responsibility of self-sufficient Indian business as well as support international business in strategy, operation and funding.
Reporting to the CEO in USA, I had dual responsibilities as Financial Controller and Head of Indian Operation. I was responsible for Success of Indian Business and supporting International Business Opeation. Some of my responsibilities were
The strategy to be adopted and implemented by the Indian business unit in terms of business and operation.
Study the projects (own and partnership), define and approve the appropriate deal structure after taking into consideration project concept, cost of project, market dynamics, legal implications.
Structure and finalise funding strategies and funding deals for projects and working capital for operation
Head the Finance group to ensure best WACC, MIS, accounting and reporting, funds utilization and management, budgeting and cost control
Ensure effective operation and decision making by automating (using technology) Indian and International business needs
Direct and guide the Indian operational needs (Architecture, Engineering, Construction, Business development, Supply-chain, Finance, Corporate Communication, Business Intelligence, Technology, HR & Admin) to run a successful self-sufficient Indian business and support international business operation.
Dandy Co. Ltd., in Qatar is part of Al Jabor family's group, is the leading manufacturer of dairy, juice and ice-cream products in Qatar with complete distribution system for local and export needs
Reporting to the Managing Director, as a controller of Finance, I am responsible for both the finance and accounting needs of the company. As manager of administration, I ensured effective human resource management. Some of the salient features of my job, but not limited to are as follows.
Monitoring the bottom-line profit of the company in line with the principles of the top management.
Ensuring proper maintenance of books of accounts, generation of periodical reports (MIS) for analysis of growth and deviation indicators.
Maintaining a balanced Cost efficiency in production by monitoring the input-output ratio, effective utilisation of man, machine and material.
Negotiation with suppliers for the optimum purchase terms and at the same time ensuring timely availability of material
Effective and competitive pricing policy in line with the market and company requirements.
Ensuring optimum returns on funds invested by keeping track of the financial ratios
Cashflow / working capital management, including debtors and creditors control
Budgeting and constant monitoring of the actuals and analysing the deviations for corrective actions.
Smooth Personnel and administration controls
Gulf Import & Export Co, part of Al-Ghurair Group of Companies is a multi-million dollar organisation, in Processing / Manufacturing Pulses, Rice, Flour, Maize products, Edible Oil, Poultry/Cattle Feed, marketing in Bulk and Retail packing in Gulf countries, India, Pakistan, Srilanka, Far East and Europe, Large scale trading, Storage & Distribution of Grains, with branches in Australia, Turkey and Africa.
Exercising internal controls on all financial transactions of the company, contracts, various new and expansion projects, right from the concept stage upto erection.
Effective negotiation with suppliers
Monitoring Cost Sheets for raw material and finished goods received and produced by different divisions and goods traded back to back.
Review of cost of production per unit manufactured, input-output ratio, advising the Management to suggested controls and measures for accurate production costing.
Periodical reports on results of company catering to the needs of managers at different levels
Working and monitoring Budgets, Cashflows, P&L and Balance Sheets, Flash reports, details of local inputs / imported inputs, productwise, regionwise, local and export sales with prior period comparisons, product-wise cost of sales, debtors' ageing analysis and other details for a periodical review and to the requirement of Ministry, Chamber of Commerce, other Government bodies and for duty exemption.
Ensuring that all the inventory movements are recorded online at various receipt, issue and production points and reflection of accurate cost of inventory movements in both inventory and general ledger modules, in computerised inventory control system.
Periodic review of customer outstanding and ageing analysis and instigate required action to collect the dues
Monitoring and managing funds position and reporting to the Management periodically
Finalisation of Accounts, ensure proper representation of activities of company in the financial statements.
Assistant in Safety Department - Budgeting and actuals control
Assisting MD in Financial and legal matters
Assisting Accounts Manager
Cleared in First Attempt Scoring 91% Financial Reporting - 99% Accounting & Reporting -91% Auditing - 88% Law - 85%;
Costing
Finished Group 1 of CFA
Bachelor of Commerce (B.Com.) Achieved 77% in major subjects