PIYUSH NAGORI +919*********
(M)
ACADEMIC PROFILE
Professional Qualification
. MBA (2006) from Management Development Institute, Gurgoan with majors
in finance and strategy.
Chartered Accountant (Nov 1999 First Attempt) - Associate Member- The
Institute of Chartered Accountants of India. All India Rank 50th.
. B.Com 1998
. Pursuing Company Secretary. Cleared CS Executive Dec 2012.
WORK EXPERIENCE
G M Modi Hospital
> Chief Financial Officer April 2010
to till date.
. Develop a road map for the group to enter strategically in healthcare
sector. Play a key role in conceptualizing and defining the business's
strategic decision
. Ensure the financial, commercial, statutory and legal integrity of the
business to achieve its mission, vision and business objectives.
. Assist the Chief Executive Officer in strategic issues, planning and
interface with the stakeholders. Provide a multifunctional business
perspective.
. Overseeing & reviewing of various books of accounts, financial
statements and reports.
. Managing, developing and promoting Internal Audit function.
. Reporting-regular reporting to Audit Committee, Executive Management,
etc
. Handling all aspects of contracting, negotiating and project progress.
Vetting of contracts
. Direct the formulation and implementation of company's financial aims
and objectives with regard to financial planning, taxation planning,
cash management & risk management
. Establishing and maintaining relations with financial institutions and
Banks
. Establish, modify and implement systems and process to ensure
increased efficiency and improved level of service
. Working with IBM to make a digital Hospital with IT being a key
differentiator
Fortis Healthcare India Limited.
> Manager - Corporate Finance & Investor Relations Feb 2008
to April 2010
Fund Raising
. Participate with the top management in the fund raising process by
evaluating the innovative financing structures and different forms of
raising funds. Have been instrumental in raising Project Loan,
Corporate Loan, Commercial Paper and Bonds aggregating Rs2500 Cr.
. Liaise with Banks, private equity investors, investment bankers,
lawyers for equity fund raising and debt facilities for the company.
. Part of the core team involved in acquisition financing.
. Prepare business plan/ financial models.
. Liaisioning with analysts / brokerage firms / FIIs. Preparation of
Corporate Presentation.
Financial Analysis & review
. Prepare feasibility reports and evaluate both Greenfield and
Brownfield opportunities.
Other
. Treasury - deployment of surplus funds in various instruments.
. Handled Rs997 Cr Rights issue, FCCB and other financial instruments of
the Company.
. Working closely with the Secretarial Team to ensure all statutory
compliances and sound Corporate Governance.
. Investor relation. Setting up the IR department from the scratch.
. Contracting & negotiating with vendors.
. Risk Management-monitor and evaluate effectiveness of the company's
risk management.
. Responsible for developing, scheduling audit plans for the group
companies, carrying out the regular, investigative and follow-up audit
and reviews
Asian Development Bank, India Resident Mission.
Assistant Disbursement Analyst September 2007 to Feb 2008
Senior Disbursement Assistant February 2004 - September 2007
. Member of the Loan Appraisal Mission
. Implementing an effective internal control system to ensure compliance
of financial activities, financial recording/reporting system and
audit follow-up.
. Analyzing, monitoring and reporting on the financial situation for
development projects through visits and/or analysis of reports.
. Instrumental in capacity building of ADB Development partners.
. Resource speaker for ADB Disbursement policies and procedures.
. Accountable for implementing and supervising best accounting and
financial practices in lending operations.
. Verify and provide guidance and train Executing Agency in financial
and management systems, audit management, internal controls and
reporting systems so as to enhance client capacity.
. Ensure that project operations are carried out in accordance with
sound financial management practices.
. Maintaining a satisfactory financial management system for handling
complex system of multiple funding.
Axis Bank Ltd., New Delhi, Main Branch.
Deputy Manager November 2002 to February
2004
Responsible for business development & monitoring the operations in
International Banking Department-
. Apprising funding proposal to evaluate credit worthiness.
. Analyzing financial statement of an entity soliciting funds.
. Evaluating credentials of a funding proposal by sight visit and
verification of business track record of the said entity.
. Evaluation of commercial implications on a funding transaction and
devising ways to optimization.
. Monitoring performance of accounts along with delinquency management.
. Interaction with Internal/Concurrent/Statutory auditors.
Tourism Finance Corporation of India, New Delhi.
A specialized All India Level Development Financial Institution catering to
the needs of tourism industry.
Manager July 2001 to October 2002.
Management Trainee June 2000 to June 2001
Projects - Handling 24 projects in Northern India.
. Preliminary evaluation & screening of projects for financial
assistance.
. Executive Member of the core Technical Management Committee.
- Which approves projects for appraisals and financing;
- Decides on policy matters related to financing decisions.
. Project follow-up and recovery of dues.
. Drawing up of OTS Proposal & Debt Restructuring Proposal.
. Advising clients on effective implementation, improvement and
management of projects.
. Coordination with RBI and other Financial Institutions/Banks.
Project appraisal function
. Analyzing the background & net worth of promoter's vis- -vis the
project size.
. Evaluating projects' viability w.r.t. location, existing market,
demand-supply position.
. Project cost computation & finalizing means of finance keeping in view
the capital structuring norms.
. Preparing & evaluating feasibility projections & performing
sensitivity analysis.
Project follow up function
. Monitoring the progress of funded projects all over the country by
undertaking site inspection.
. Disbursement of loan and ensuring compliance of legal formalities.
. Checking the periodic performance & conduct variance analysis.
Article/Audit Assistant
M/s V.Shanker Iyer & Co., New Delhi. November 1999 to
May 2000
M/s Nagori & Dhaiya, Indore. August 1998 to October 1999
M/s SCJ Associates, Agra October 1996 to July 1998
PERSONAL DETAILS
. Date of Birth : June 15, 1977
. Email : ************@*****.***.
. Coordinates : 802 B, Rama CGHS, Sector 43, Plot No 25,
Gurgoan
. Passport : J 5420153
. References : Can be provided if asked for.
Piyush Nagori