Management Sales

AVINASH AGARWAL

**** ************ ******, *** *-*, Newton, MA 02466

Phone: Cell :408-***-**** E-mail:

************@*****.***

CPA with proven expertise of 15+ years managing global teams in accounting,

auditing and financial management. Currently manage P&L spend of $ 500M for

North America operations. Strong Business leader- a trusted partner &

adviser. Led due diligence and Integration of two acquisitions. Experience

spans following areas:

ERP Implementation SOX/GAAP Compliance International

Taxation

Merger & Acquisition (M&A) Acquisition Integration

Audit/Internal Control Finance Planning & Analysis (FP&A)

MIS/Budget Management Finance Operations

Controller Patni Americas Inc. Cambridge, MA Mar

2008 - Present

Patni Americas is a leader in IT consulting services with more than 400

FORTUNE 1000 clients and 22 Global Delivery Centers totaling revenues of $

750M with North America contributing $ 550M.

. Formulated and implemented financial and accounting strategies

achieving closure cycle reduction by four days & optimal workforce

management.

. Successfully led IRS audits for three years Achieved tax provision

write offs for $18M involving employment tax & transfer pricing.

. Led formulating and achieving a $25M cost reduction plan in 2008 to

mitigate recessionary market conditions and maintain profit margins.

. Supported regional head in achieving annual budget goals and key

matrices.

. Ensure compliance of all federal, state corporate & tax regulations

and timelines.

. Successfully integrated two acquisitions seamlessly with a headcount

accretion of over 250 in less than targeted time span and with zero

disruptions.

. Zero audit comments for over ten successive quarters for all

external/internal Audits & SOX compliances.

. Achieving DSO reduction by five days through focused collection

efforts.

. Facilitated seamless upgrading and implementation of PeopleSoft

Version 9.

. Brought 10% reduction in Procurement costs through active vendor

negotiations.

Manager Finance Patni Telecom Solutions Inc Milpitas, CA

Jan'03-Mar '08

Supervision of all finance operations of the telecom software division of

Patni Americas. (Formerly Cymbal Corporation). Led integration of financial

operations for Cymbal. into Patni.

. Detailed review and analysis of accounting records for financial

advice and preparation of management reports and financial statements.

. Ensuring compliance with US GAAP and other statutory compliance for

global operations.

. Implemented transfer pricing model between US, India and UK.

. Established new AR review processes resulting in DSO reduction from 58

to 30.

. Setup of Cash Flow, Budgetary Analysis, and Project based Costing

procedures to ensure cost effective optimum utilization of bench

resources - increasing efficiency by 6%.

. Facilitated due diligence by KPMG and E&Y in the acquisition by Patni.

. Seamless integration achieved in a quarter's time.

Sr. Accountant Silicon Park Financial Services San Jose, CA Oct

'01- Dec '02

Providing complete accounting & financial services to clients:

. Advised and set up financial systems for clients after a detailed need

based assessment, resulting in 20% increased efficiency and better

monitoring.

. Delivered best-in-class financial solutions and monthly reports,

focusing on critical parameters, enabling clients to focus and take

remedial measures.

. Monitored payroll and sales tax returns with IRS and other authorities

ensuring federal and state regulations compliance and preventing

penalties and fines.

. Preparation of individual and corporate tax returns.

CEO Migweld Industries Kolkata, India Feb

1996 - Apr 2000

Successfully owned and operated the business of distribution of welding

consumables and other products.

Complete daily management of all activities of the company, planning

and strategizing sales & operations towards increasing operational

profits. .

Developed an optimum product sourcing model resulting in 30% savings

on annual purchase bills.

Controller ITC International Singapore Jan 1995 -

Nov 1995

Supervision and overall management of $15 million company engaged in

trading of plastics and related commodities. Operations under direct

control included:

. Negotiating with bankers and obtained credit lines worth $10 millions.

. Finalizing accounts, tax returns, board meeting minutes and other

registers.

. Liaison with auditors for statutory audit and timely submission.

. Setting up financial accounting systems and controls procedures.

. Quadrupled turnover and profitability by analyzing and strategizing

growth prospects and current markets.

. Prepared financial statements and managed the preparation of annual

tax returns and other statutory requirements.

Professional qualifications:

. CPA- California Board of Accountancy

. Chartered Accountant - The Institute of Chartered Accountants of India

. Harvard University- Course in Financial Management

. Bachelor's degree in Accounting - Calcutta University (graduated with

honors)

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