Curriculum Vitae

Thangavel Ganapathy Subramanian,

#**/* ******** ******, ********** Nagar,

Ekkattuthangal, Via.Guindy P.O., Chennai-600032,

INDIA . Phone NO: (Res)+914*********, Mobile:+91-988*******

E-MAIL: ac0gb8@r.postjobfree.com, ac0gb8@r.postjobfree.com,

Skype Id: Ganapathy19608

CHIEF FINANCIAL OFFICER

Highly accomplished results driven Senior Accounting and Financial Management

Executive with more than 25 years progressive experience in Finance and Operations Management with start-ups and global multibillion dollar organization (Oil & Gas, Engineering, Paint Manufacturing, Heavy Equipment & Mining, Automotive Industry) . Demonstrated ability to streamline business operation and that drive growth and increase efficiency and bottom-line profit. Strong Qualifications in developing and implementing financial controls and processes in addition to productivity improvements, and change management. Possesses solid leadership,communication and interpersonal skills to establish rapport with all levels of staff and Management.

CORE QUALIFICATIONS

Accounting & Financial Management * Business Planning & Analysis

Controllership & Decision Support * Growth Strategy Development

Global Operations Effectiveness * Financial Analysis & Reporting *

Resource Management * Budgeting & Forecasting * MIS * Costing *

Corporate Finance * Auditing & Compliance * Budget Development&

Cost Management * IFRS & IAS * US GAAP & Multi GAAP Accounting

SAP FI/Co, Project Systems, S&D Modules. * Profitability Analysis & Reporting * Internal & External Financial Reporting * Risk Assessment & Management * Taxation * Project Management * Asset & Liability Management * Corporate Governance * Banking & Treasury * Merger & Acquisition * Oil and Gas Accounting( Upstream, Mid Stream & Down Stream )

PROFESSIONAL EXPERIENCE :

M/s OCTEP Consultants P Ltd, P.O.Box:6019,Chennai-83, India ( MNC Co- EPC Oil & Gas, Power & Energy, Refinery & Petro chemical, Chemical & Mining) Turnover of US$4.5 Billion

CHIEF FINANCIAL OFFICER ( 19TH JANUARY,2000 – PRESENT)

Directing Finance Team of 50 encompassing Controllership, Business Operations,Decision Support, Financial Planning & Analysis, Business Systems, and Sales Reporting, Project Evaluation, Global Accounting and finance operation including transaction processing and facilities in India & Middle East .Ensured cohesive Financial strategic, and operating plans. Led allocation of resources, ROI Strategies, content profitability, financial forecasting / analysis, and performance measurement. Corporate Reporting & Governance,Compliance

Developing Financial Strategies, Annual Business Plans, associated Operating and Capital budgets.

Group financial reporting and MIS across multiple jurisdictions including India & Middle East.

Managing the treasury/ funding requirements and Group relationships with equity/debt financiers.

Improving financial policies and procedures to maintain high standards of governance and controls.

Assessing the financial feasibility of new projects and investment opportunities.

Ensuring Group compliance with government and reporting regulations

Attending and proactively contribute to the Board Meetings.

Reporting to the CEO and being part of the senior executive team within a listed business.

Partnering the CEO in formulation, execution and ongoing review of business strategy.

Ensuring a strong and robust financial reporting framework for statutory and business requirements.

Providing value add insight via commercial input driving decision making.

Taking a lead role in negotiations, contracts and pricing.

Managing a large team providing guidance and leadership

ACHIEVEMENTS:

Saved Rs.45 million in labour expenses and run rates and shifted workforce from 40% low cost to 85% through establishments of low cost centers of excellence migrating operations and technology development to

Middle East .

Achieved $35 Million saving annually and improved margin 2% for consecutive years by off shoring.

Achieved double digit growth in India & Middle East( Muscat,Dubai, Kuwait,Qatar,Abudhabi & Bahrain)

Developed high performance finance team to drive disciplined growth and strengthen controls, scale infrastructure growth,and build shared service center with low cost center.

Implemented new analysis and metrics based forecasting tool and process allowing real time fact based decision-making. Effective methodology adopted for end users.

Achieved $50 million via capital planning, search, negotiation, and leveraging.

Reduced substantial Inventory cost through SAP inventory control system and effectively implemented cost reduction methodology.

Saved 25% via. negotiation of new advantages credit facility and insurance coverage.

Effectively saved / reduced 30% raw material cost with overseas suppliers through negotiation with OEM Suppliers.

Executed many overseas projects within the time limit.

Ensured cost effectiveness in business operations and value for money

Deployment and utilization of corporate resources while, minimizing risks

to the achievement of bottom-line.

Managed foreign exchange risks and interest rate exposure .

Presented Monthly / Quarterly Financial performance to the Group Chairman, M.D, C.E.O, & Executive Management team.

AL Futtaim Group of Cos,’ Engineering Division, P.O.Box:5502, Dubai, United Arab Emirates. ( Top Business Conglomerate in the Middle East)Turnover of US$12.5Billion

Group Financial Controller ( 01/05/1997 to 31/12/1999)

Managed Team of 40 Finance & Accounting associates. Reported to Chairman, C.E.O,Finance Director .Directed Finance, Accounting,H.R and IT Department .Positioned company’s growth and by scaling infrastructure, developing viable financial models and planning capital needs. Selected and Implemented SAP ERP System.

Achievement :

Implemented successfully SAP system for the entire group co’s (60 )in record time.

Managed large portfolio of Standard Costing, Pricing, Budgeting, MIS

Inventory Management, Account payable, statutory Accounts &SAP ERP

System.

Implemented management techniques in various functional measure of performances (appropriate financial policies and procedures to ensure effective financial management controls).

Developed Accounting records and generation of periodic financial reports Meet both the statutory requirement and International Accounting standards ( IFRS, GAAP).

Developed and maintained short-term long term plans of Corporate strategies.

Developed high performance finance team to drive disciplined growth and strengthen controls.

Implemented sales effective initiative and drove roll out of sales team.

Achieved $50 million saving annually and improved margin 3% for two consecutive years.

Increased revenue growth 30% in UAE & Middle East up 20% via development of Financial road map. Contributed 4x weight growth of

Global operations in 1998.

Presented Financial Results to the Top Management in the Board Meeting .

Developed & Implemented Strategies for accessing secured funds at cost effective rates.

Managed foreign exchange risks and interest exposure without escalating.

Managed Group Finance function, budgets and programs and ensured

Preparation of Consolidated Financial reports.

Managed Key banking relationship for the facilitating proper, timely and cost-effective funding of business operations.

Effectively managed variances through periodic analysis and control.

SADOLIN PAINTS OMAN LTD, ( Paint Mfg.Unit-Furniture, Decorative, Automotive)

P.O.Box:531, RUWI, P.C:112, Sultanate of Oman (Top Business conglomerate in the Middle East) MANAGEMENT CONSULTANT- (01/08/1992 to 31/03/1997) Led Central Planning and Analysis and supporting

CEO.CFO and Provided Financial Mgt. Reporting Monthly, Quarterly Financial Reviews, President Reports, Executive committee-Meeting and support.

Achievements:

Reduced Accounts Receivables 60% and brought in line with co’s books up to date.

Effectively submitted MIS Reports to Head Office.

Implemented Cost Reduction System for the factory.

Implemented Accounting Policy & Procedures.

Implemented management techniques in various functional measure of performance (Inventory Accuracy,B.O.M Accuracy, Labour Efficiency, A/R,A/P, Scrap etc.)

Compiled Annual Budgets, Analyze and report variance in Cost & Revenue

Implemented ERP System.

Reduced inventory cost by 25%

Provided strategic advice and guidance on the financial and operational plans focused on the achievement of corporate goals.

Managed key banking relationship to facilitate proper and timely cost –effective funding of business operations.

Compilation of budgets – Revenue,Cost & Capital.

Participated in Board Meeting, Presentation of financial results.

Effectively managed variances through periodic analysis and control.

Presented monthly performance reports to the Group Chairman and Executive Management team.

THE KCP LTD,ENGINEERING UNIT, P.O.Box:19,Tiruvottityur,Chennai -19,

INDIA. (Heavy Engineering Equipment Manufacturers Like Sugar, Chemical, Petro-Chemical, Mineral Processing, Mining Equipment, Cement, Oil & Gas Pressure Vessels, Fabrication & Foundry etc.)

Head of Finance &Accounts

SENIOR FINANCE MANAGER – (01/07/1984 – 31/07/1992)

• Developed and oversaw the maintenance of budget monitoring systems.

• Oversaw the development of unrestricted funds budgets, and contracts, revenues, and accounts.

• Analyzed complex financial data and extracted and defined relevant information; interpreted data for the purpose of determining past financial performance and to project a financial probability.

• Monitored, identified, and communicated over expenditures to Other HOD’s and administrative staff, and assisted in resolving funding shortfalls.

• Provided oversight for the expenditure of funds, ensuring that funds are expended according to organization's stipulations.

• Kept abreast of laws and regulations that apply to a particular staff function or field of professional expertise to maintain up-to-date compliance.

Achievements:

Gained US$ 3.5 Million in overseas project Sugar Plant by effective negotiation with Customer/Bankers on foreign exchange rate.

Reduced accounts receivables 40% brought into two years delinquent filings up to date.

Provided strategic advice and guidance on the Financial & Operational

Plan and achieved of Corporate / CO’s goal.

Introduced BPR.

Managed the Group Finance Function, Budget programs and prompt submission of Consolidated Financial reports to Management /Board.

Developed and maintained effective liaison with external Auditors, Banks and regulatory bodies.

Recommended and implemented strategies for accessing and securing funds at cost effective rates.

Presented monthly Financial Performance Reports to the Group M.D and Executive Management Team.

Supported the Head of Business Units in the deployment and Execution of Group Financial Management strategies, policies and systems ensured uniformity in standards.

Planned & Achieved allocation and coordinated the disbursement of funds for business operation.

Effectively Developed and maintained standard costing for all products and components, Advise on Inter-co transfer pricing, Product pricing for Dealers and OEM Suppliers.

ANAND TANKS & VESSELS PVT. LTD, CHENNAI -34, INDIA

MANAGEMENT ACCOUNTANT - 01/10/1980 to 31/05/1984

- Preparing Quarterly Financial Reports for Board by the 20th of the month following the end of the Calendar Quarter for each individual company and consolidated

- Providing a support service by working with all departments and the management team to help make financial decisions.

- Ensuring spending is kept in line with the budget - - -.Advising on the financial implications and consequences of business decisions -

- Analyzing financial performance and contributing to medium and long-term business planning/forecasts.

- Liaising with other function managers to put the finances and accounts in context.

- Monitoring and evaluating financial information systems and suggesting improvements where needed to the Management.

- Preparing weekly / monthly finished goods costing for group companies and provide highlights on any exceptions arising from those costing and their impact on product pricing.

Achievements :

Effectively managed to send timely Management Reports to H.O.

Team Leader in setting up Annual Budgets and Fixed Standard Costing.

Compilation of Annual Accounts using Hyperion,U.S. Based Management Accounting software application.

Analysis and Reporting of Variances on material Cost, Labour & Over head Recovery.

Reporting on Funds Flow and cash Flows, Management of Working Capital.

Preparation of Authorization for Fixed Assets & Justification for Capital

Expenditure.

Managed insurance coverage on various business risks.

Participated in Board Meeting, Presentation of Financial Results.

Managed Import Payments, Letter of Credit, Advance payments &

Direct Payments.

EDUCATION:

University of Madras – Loyola College, Chennai, India

B.COM – April1980 Major Accounting & Finance – Bachelor of Commerce

M.COM –April 1982 Major: Accounting & Finance -Masters of Commerce

Professional Accounting Qualification : AICWA (CMA)

PROFESSIONAL ACCOUNTING MEMBERSHIPS:

Institute of Cost Accountants of India, since 1990 ( Post Graduation in Cost Accountancy ) AICWA (ACMA) Associate of Chartered Management Accountant 1993,Associate Member of the Institute of Cost Accountants of India- 1992

PGDBPM – June 1990 Madras Productivity Council, University of Madras

B.G.L (Bachelor of General Law) Annamalai University,Dec.1992.

SAP Certified Professional 1997

Diploma in IFRS – ACCA UK.

COMPUTER SKILLS:

Proficient in Micro Soft -Excel, Word,Access, Project, Power point, Primavera

SAP Certified Professional, BaaN,Oracle,JD Edwards, Peoplesoft,MS Dynamics Navision

REFERENCES:

1.Mr.S.SRIDHAR,

CHIEF EXECUTIVE OFFICER, ESCORTS LTD,

FARIDABAD,NEW DELHI.INDIA

+919********* email:ac0gb8@r.postjobfree.com, ac0gb8@r.postjobfree.com

2. Mr.N.RAVICHANDRAN,

GENERAL MANAGER,AUTOMOTIVE LUBES LTD,CHENNAI,INDIA +91-994******* email:ac0gb8@r.postjobfree.com

3.Mr. T.SANKARANARAYANAN,

CHIEF EXECUTIVE OFFICER,

OCTEP CONSULTANTS P LTD,

CHENNAI, INDIA

+914*********,email:ac0gb8@r.postjobfree.com

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