Vinay Chadha

Since June 2019 started, as Finance Director, with Dubai branch of Hydro Inc. USA, the Middle East operations in Dubai servicing Oil & Gas sector. Achievements so far include:
• Set up $5mio., funded and non-funded, credit line for the Business needs.
• Cash flow planning and working capital management to enable 20% YoY Top Line growth and to achieve EBT improvement from 3% to 8%.
• Reduced DSO from 135days to 95 with internal controls for credit assessment and appraisal.
• Improved Margins from 20% to 27% by Segregating concentration of conflicting duties.
• Capacity expansion and commissioning of Oman JV facility to service local demand.
• Negotiating and finalizing agreements with business partners at KSA and Abu Dhabi.
• Streamline data capture for alignment of finance records to VAT, ICV data for PDO & ADNOC.
• Set up a risk assessment matrix for management of orders above $250K.

December 2009 to March 2017 -Commercial Plant Manager / CFO for the UAE manufacturing location.
April 2017 to November 2018 - Commercial Plant Manager / CFO for the Irapuato, Mexico.
November 2018 to June 2019 - Team Lead Central Controlling, Abensberg, Germany.
Achievements
• Effectively managed capacity expansion, dimension include commissioning of 13, 500 sq.mtr. brownfield facilities resulting in doubling of turnover in 8 years € 56mio. To €120mio. And EBT from €3mio. To €8mio.
• Instrumental in reduction of costs across all functions (production, operations, logistics, procurement, administration, and finance) using Continuous Improvement Process and resource optimization, efficiency improvement from 90% to 107%.
• With additional responsibility of manufacturing location in Beja, Tunisia implemented UAE learning to stabilize the operations to overcome poor delivery performance.
• Instrumental in setup of new location at Puebla, Mexico.
• Steering Committee member for SAP- FiCo module Rollout in UAE.

Finance & Commercial Head of 100% subsidiary of Noske-Kaeser GmbH. Technology leader for Engineering & Design of HVAC and Firefighting solution for Ocean Going Vessels and Railways.
Achievements
• Organized Working Capital Lines for the Indian subsidiary.
• Cash flow planning & management for all projects and component supply business.
• Localization of Components including 110 TR. Chilled water System commissioned on Board Indian Navy Vessel.
• Ownership of Compliance Matrix to assess the Risk for all Tenders and Offers and Internal Control systems.

Joined as Group Financial Controller and promoted as General Manager - Aluminum City Limited in Nov. 2005 with P&L responsibility reporting to Group MD.
Achievements
• Managed and negotiated, Credit Lines of $30mio. to leverage on low interest-bearing loans for long term funding needs. Managed Forex exposure for the Group.
• Restructured business to improve per capita revenue from $ 238K to $ 331K and per capita profit from $ 4K to $ 7K.
• Improved Return on Capital Employed from 2% to 8% through an increase in sales of high value-added products viz. Aluminum windows, curtain walls and shop fronts.
• Identifying and acquisition of operating units to enhance product reach. Long term finance for $5mio. Project for new Aluminum coating line & capitalization.
• Implementation of Mfg.-Pro ERP across the Group.
• Designing Dynamic Product pricing linked with LME.