Consultant
self employed
Total years of experience :37 years, 8 Months
Equity Research, Financial Modelling ( Had formal training on Financial modelling and researchreports)
Valuation studies of Assets, brands, IPR, Intangibles etc.,
Review, analysis of business models, business plans of clients, business valuation including Enterprise valuation, Brands, Real Estate .
Scrutinise, Evaluate business proposals, Tax impact, Subsidies, procedures etc.,
, Due diligence for Private Equity funders overseas. domestic for performance, investment, monitoring Post Investments of clients.
Insolvency Resolution Process -Corporate Debt restructuring, Structured Debt Restructuring
Perform credit assessment for banks on large loans, trade finance e, g L/c, guarantees, treasury compliance .(Have training on Statistical modelling Programs like SAS for loss forecasting, credit analytics, for credit card, auto loans,
Independent assessement on implementation of compliance policies especially in Anti money laundering, regulatory norms like FATF/CTF
Tax Audit, International taxation In transfer pricing, DTA, TDS issues
Goods and Services Act
Internal Audit, Market Risk, Quantitative Risk, Operations Risk audit, IT Systems Security Audit, IT assets performance and utilization
Concurrent Bank audit.
Oman cement company SAOG is a Flagship company of the Govt., of Oman in the Joint sector engaged in manufacture and sale of cement for decades with a turnover of more than US $ 150 million with a captive power plant of capacity 40MW and .planning a leap jump in its capacity to 6 million Tonnes per annum. Investing around US$165 million dollars.
1. Expansion plans: Played a key role in conceiving, planning and executing project expansion plan in increasing capacity of plant from 2 million to 6 million through timely studies, tendering, negotiations, agreement etc.,
Mergers &Acquisitions:Successfully completed acquisition of a packaging company (Investment US $ 10 million) along with a European group listed in London Stock Exchange. to optimize input cost.
2. Disinvestment of Govt., stakes in the company to public.
Following a Govt mandate to disinvestment Govt ‘s stake to public, public issue was successfully held in diversifying the investors base. (Issue size us$ 40 million)
3. Formulate Investment & Risk Policy for short term and long term basis, Information technology policy and IT Plan., Corporate governance manual preparation etc.,
Joint Venture:
.Successfully completed floating a joint stock company to engage in Prefab concrete blocks project and real estate. in Oman. ( Investment Us$ 50 million) as a joint venture with an Austrian business conglomerate
4. Successfully arranged syndicated project finance for power plant expansion (loan size us $ 7 million)
Key responsibilities include:
Management:
Initiate, propose, develop and maintain financial policies, procedures and and good corporate governance
Ensure prudent management of the company’s cash flows including management of surplus funds in line with approved strategies
To participate in the corporate decision making processes as a member of the management team with joint responsibility of the development of long term corporate strategies and company policy.
Handled EPC contracts on company expansion plans, feasibility, tendering, evaluation, and arranging funds for major projects
Coordinate the preparation of all operating budgets and business plans
Liaise with company’s legal advisors, auditors, tax authorities on issues concerning companies interest.
Portfolio management of its investments (size aroundUS$120 Million).
Treasury
Fund Management tracking and hedging foreign currency exposures, get updates on latest financial products. Formulation of risk strategies in line with corporate policies.
Dealing with Banks and Financial Institutions, Managing external Investors
Others
Assess the insurance needs of the company in line with company’s business, projects
Manage relationship with Creditors & shareholders
Compliance with Legal and Statutory matters Company Law - Insurance and other relevant Legislations,
Implementation of IT enabled systems & process integration (SAP ERP)
This is a listed, public held joint stock, ISO 9001 certified company manufacturing automotive batteries in Oman exporting to countiries around the globe.My responsibilities include being finance head, member of senior management, secretary to the Board of Directors. Other functions are:
Business Restructuring
General Management
Treasury Functions, Funds management, Forex transactions, Financial Planning
Financial Accounting
Costing, Management accounting, Controls
Exports Documentation/ Purchase/Commercial activities
Compliance with Govt., Agencies particularly Muscat Securities Market etc.,
This is a closely held Joint stock company promoted by SABIC, Saudi Arabia, to promote industrialization in GCC and in particular set up a Sulphur derivative chemicals plant in Bahrain at a cost of US & 40 million dollars.As Financial Controller reporting to Board, .my role was :
Portfolio management
To manage portfolio of US $25 million parked in equities, Bonds till project is completed, to maximize return to optimize Project costs.
Project Management
To monitor progress of project, tendering of contracts, negotiation, documentation of agreements, administration etc.,
Project finance
To assist Board in identifying lenders, Bankers to fund the part of the project cost.
This is a multi product, multi location, public listed joint stock company in India belonging to the Kilachand group of companies pioneers in Sugar, Petro and Alcohol based chemicals and Liqour. The company has subsidiaries in the field of Electronics and Investment.
Key Achievements:
Introduction of Budgetory control, Internal Audit in house team
Successfully implemented Budgets and Budgetory Control systems throughout the company.
Instrumental in establishing in house full fledged Internal Audit dept., for the company.
IPO activities
Completed Rights Issue for the company (Rs 75 crores). IPO of Subsidiary ( RS 25 crores)
Joint ventures activities
Completed spinning off Liqour division into a Joint venture with a UK liquor giant IDL distilleries .Have worked in feasibility study, documentation, valuation etc.,
Responsiblities include:
Overall in charge of Finance, Accounts, Internal Audit, Commercial functions of the company.
Dealing with Commercial banks, Financial institutions, for obtaining funds for working capital, expansion plans, new ventures etc.,
Cash flow management, credit policy formulations, treasury functions, forex management,
Taxation
Telco is a blue chip auto manufacturer from the house of TATAs. I got myself groomed as a good finance and accounting professional imbibing the work culture and work approach given the world class value systems it has.
My areas of exposure include:
Divisional Financial accounting, Budgets including revenue and CAPEX budgets.
Material Accounting, Inventory management, Cost reduction
Product costing, components costing for various models.
Member, price panel committee to evaluate material prices, outsourcing proposals
Coordinate with corporate office for MIS concerning plant
Cost audit, BICP query audit, supplies for Defence dept pricing audit.
Duty drawback, Cash compensatory support
Export incentives for imported items price differentials.
IT security and Systems Audit postgraduate diploma by Institute of Chartered Accountants of India
A fellow ,member of Institute of Chartered Accountants of India. Associate in 1983 and a fellow member in 2009 Certificate Courses in Business Valuation Institute of Chartered Accountants of India 2009 International Taxation Institute of Chartered Accountants of India 2009 International Financial Reporting Standards (IFRS-IndAS) Institute of Chartered Accountants of India 2010 Forex And Treasury Management Institute of Chartered Accountants of India 2012 Forensic Accounting andAudit Institute of Chartered Accountants of India 2014 IT Systems and Security Audit D.I.S.A Institute of Chartered Accountants of India 2005 (Information Systems Audit) SAP,Treasury and Risk management Training -Processes in treasury and Risk management SAP India 2014 -Customisation in Treasury and Risk management SAP India 2014 SAP Financials 2014 Seminars, Workshops on career development
Passed Intermesidate Examination.
A graduate in Physics with mathematics and chemistry as allied subjects
