Asstt Vice President - Accounts and Finance
Diligent Media Corporation Ltd
Total years of experience :28 years, 10 Months
* Finance head for all the printing operations/locations in India.
* Incharge for Procurement of high value Raw Materials - Paper/Ink/Plates for all the
locations.
* Inventory Management.
* Working Capital Management.
* Budgeting and Monitoring/tracking of plant expenses.
* Reporting of consolidated plant financials/MIS on a monthly basis to the management.
* Ensuring smooth and efficient operations of the plant with focus on cost and identifying
potential cost saving areas.
* Constantly reviewing systems and processes to improve on the Internal controls.
* Ensuring Statutory compliances.
* Finance Head - Special Interest Publications Division and Print Sales Division.
* Commercial Head for Infomedia18 Ltd
* Budgeting and forecasting Plant costs and ensuring no upsides in cost vis a vis the plan.
* Reporting Divisions/Plant results every Quarter on cost/efficiencies and ensuring
compliance on all audit requirements.
* Identifying potential cost saving areas and implementing systems and procedures.
* Restructured the entire plant operations with respect to
Finance/Stores/Commercial/Logistics/Admin with regard to day to day operations by
putting checks and controls to ensure operational efficiency.
* Vendor development/evaluation/hygiene - Developed multiple vendors locally for
Newsprint Paper thereby reducing Imports of Newsprint Paper and hence reducing
inventory carrying cost and better working capital management. Monitoring of
International market on Paper rates, Exploring new markets internationally, Opportunity
buying to benefit on rate and ensuring the benefits/savings flowing into the business for
all Major Raw Materials.
* Ensured Statutory compliance relating to Divisions/Plant.
* Aggressively and successfully drove the agenda of Optimum utilisation of SAP, across all
departments, thru training and workshops to all Executives in plant and thereby ensuring
controls in day to day operations.
* Overseeing the functions of Finance, Commercial, Purchase, MIS, Stores and ensuring
controls.
* Monthly performance reporting advanced to 8th of very month from the 20th.
* Introduced a system of "Flash" reporting of results by 3rd of every month for the previous
month, highlighting the key performance indicators and watch-outs.
* Liasoning closely with the Bank for enhancing the facilities.
* Updation and maintenance of records a per SEC (Securities and Exchange Commission of
Bangladesh) as per the guidelines of the Registrar of Joint Stock Companies, Dhaka,
and ensuring due diligence audit done every year.
* Independently handled the Incorporation and Registration of our new Greenfield Project
at Adamjee EPZ, Narayanganj, Dhaka.
* Documented Standard Operating Procedures (SOP) for key areas/departments as a
guideline and ensured adherence and compliance.
* Introduced training programmes (In house an Off site) to fellow team members by
identifying the potential in improving their knowledge, skills and performace which will
inturn benefit the company in achieving the goals.
* Monthly reporting of Results on the 2nd of every month.
* Ensuring controls in all areas of Plant Accounting. "Best Balance Sheet Award" for the
Plant in the year 2003.
* In-charge of C&F operations at Hubli Depot.
* Handled the Sales Tax assessments for the Bangalore Unit; got a total refund of Rs 49
Lacs for the assessment years 1997-2001.
* Handled all Legal Cases at different courts/forums of Pepsi Bangalore.
* Successfully implemented SAP in Kumbalgodu Plant, Bangalore, INDIA.
* Distinction of streamlining the purchasing protocol and bringing down the inventory level
of engineering spares in Kumbalgodu Plant to an all time low of Rs 8.10 Lacs in Dec'03.
* Successfully Completed AG's and CEDA (Technical Team) Audit on Central Excise with NIL
audit points for 4 consecutive financial years - 2000 to 2003.