Vice President Finance
Time Machine Group
مجموع سنوات الخبرة :10 years, 5 أشهر
Time Machine Group April 2013 to Current
Vice President Finance
Dubai
• Responsible for Compliance, Group Reporting and MIS.
• Structured Chart of Account and revamped entire MIS process.
• Responsible for Pricing and Margins.
• Commercial negotiations with vendors
• Designed and Implemented incentive across business for floor sales team and store managers, this resulted upto 30 % increase on some store revenues.
• Responsible for formulation of policies for Internal control, group financial reporting standards.
• Raised finance for group and maintain relationship with bankers.
Henkel Chembond India Private Limited September 2012 to April 2013
Financial Controller
Mumbai
• Responsible for all Compliance, Tax, Group Reporting and MIS
• Monthly Financials under IFRS
• Responsible for Commercial Activities like Margins, Inventory, credit control etc. along with Business heads
• Strengthening Internal control at Manufacturing locations and bringing operating procedures on par with Henkels global policies.
• Monitoring cash flow and working capital.
• Representation for Direct and Indirect tax assessments along with consultants
Bunge India Private Limited June 2006 to September 2012
India Risk and Treasury Manager
Mumbai
Compliance, Tax, Reporting and MIS
• Monthly preparation and consolidation of Accounts as per US GAAP.
• Handling conversion of Indian accounts to IFRS for Mauritius reporting.
• As Business Accountant of Trade Structured Finance and Bulk oils, handled accounting and reporting of structured finance transactions, Derivative products, Forex covers, cash flow hedges and fair value hedges.
• Managing Finance for 50 Mn USD Capex plant.
• Working with consultants in preparation and presentation of Transfer pricing details for structured finance transactions.
• Handling Tax matters concerning structured trade finance transactions.
Commercial /Business Partner
• Commercially working on international commodity structures arbitrage.
• Helping business in identification of trade parities for bulk commodities.
• Managing cost for Capex plant, ensuring the spend within approved Budget
• Trade Structure Finance costing, and product evaluation.
• Monitoring counterparty exposure of structured trade business.
• Managing sales schemes in Distribution channel.
Internal Controls
• Internal control and SOP documentation.
• Framing control for 50 Mn USD Capex refinery in India
• Responsible for SOX compliance.
• Guest Auditor for International Audit on Structured Trade Finance covering Europe and Middle East.
Treasury and Forex
Treasury
• Raising Working Capital finance and Term Finance.
• Maintaining relationship with bankers.
• Handling Import payments, RBI compliances, LC Discounting.
• Monitoring Business Working Capital, Cash Flow forecasting, and project Capex.
• Helping business to manage working capital by off Balance sheet funding and structured deals.
• Implement and supervise efficient Cash Management and Float management for Bunge India Operations.
• Organised Insurance backed structured funding for oils business.
Forex
• Monitoring Forex covers across all business verticals and covering forex transactions over 1 Billion USD annually.
• Working with regional Forex desk to capture NDF /onshore arbitrage.
Risk Management
Business and Market Risk
• Tracking and Implementing Risk framework in areas of Market Risks such as commodity price changes, Basis risk, Spread Risks and Liquidity Risk.
• Monitoring Commodities cash and flat position limits across business and entities.
• Monitoring and reporting daily productline and Business level Value at Risk (Var) and ensuring risks are managed within accepted limits.
Operational Risk
• Handling Operational Risk Projects for 5 different Business
• Monitoring and reporting Operational Risk in each of Business and Production Location
Counterparty Credit Risk
• Credit controller for counterparty credit risk evaluation of all India business.
• Formulating credit policies for each Business based on specific needs
Legal and Secretarial Matters
• Handling minutes and other secretarial work for the company for one year in absence of company secretary.
• Assisting actively legal team on company law, FEMA, FIPB and other issues Responsible for Compliance, Group Reporting and MIS.
Price Waterhouse January 2005 to June 2006
Executive Audit
Mumbai
• Statutory Audit of Various Indian MNCs, Like Yahoo, UTC Fire, Bayer and Kodak Films
Phillips India Limited June 2003 to June 2004
Industrial Trainee
Mumbai
• Activity based costing project for cost allocation of support services to each SKUs
Diploma in Information Systems Audit (ISA) Institute of Chartered Accountants of India, March 2006, Mumbai
Professional Chartered Accountant, Membership no. 119952 Institute of Chartered Accountants of India, Nov 2004, Mumbai
Passed CA Final Nov 2004 Institute of Chartered Accountants of India Graduation Bachelor of Commerce
Mumbai University, 2003, Mumbai Diploma
Passed CA Inter Exam Nov 2002 Institute of Chartered Accountants of India