****, **** ******, *** **-A, Mob: 917-***-****
Long Island City, NY, 11102. Email: ***************@*****.***
RAVI KAUSHAL
SENIOR FINANCIAL MANAGEMENT EXECUTIVE
Cross-Functional Experience
Highly accomplished, results driven, senior accounting and financial management executive with 20 years of progressive experience. Demonstrated ability to streamline processes that supported growth, increased efficiency and improved bottom line profit. Strong qualification in developing & implementing financial controls and processes. Possesses high adaptability, strong work ethics, attention to details, analytical, and leadership skills.
CORE QUALIFICATIONS
Accounting & Financial Management
Growth Strategy Development
Budgeting & Forecasting
Controllership & Decision Support
Financial Analysis and Reporting
Business Planning & Analysis
Professional Experience:
(symbols: • duties; achievements)
Welspun USA Inc. 12/2007-Present
($250M leading Home Textile Company supplying to the major USA retailors)
Position held: Vice President – Accounts & Finance
Being the first Finance/Accounts (F&A) person on-board (Quasi Start-up CFO), the responsibility was to build the F&A infrastructure from the ground-up. Developed high performance finance & accounts team and subsequently with their collaborative effort designed and implemented processes, controls and reporting systems. Ensured infrastructure scalability to support future growth.
Directed finance team of eight. Overall finance & accounts responsibility encompassing Controllership, Budgeting, Forecasting, Business plan, Inventory management & controls, financial statements, Year-end audit, Internal Audit, etc.
Financial Analysis, Reporting & decision making support to the Top Management & Board.
Banking, Working Capital, and Cash Flow Management. Discounted Cash Flow analysis.
Risk Assessment, Compliance, Taxes, Transfer Pricing, & Insurance
Overseeing IT and Warehouse Operations for Periodic Review, Commercial & Strategic decisions, Cost Reduction, etc.
Improved inventory turns from 4 to 5. Reduced aged inventory from 17% to less than 10%.
Designed and implemented chargeback process resulting in an annual recovery of $300k-500k.
Negotiated Line of Credit at the best rate ever. Annual interest savings of $1.2M.
Drove growth from $25M (2007) to $250M (2017).
Designed & implemented, budgeting process, forecasting, and review mechanism. Moved from Excel Budgeting to the budgeting software.
More than 30 days AR overdue has been consistently less than 1%.
Welspun Group, Mumbai, India 07/2004 – 11/2007
(Business Conglomerate with over $2B Annual Turnover)
Position held: Executive Assistant to the Group Finance Head
Collaboration and coordination with business & plant heads. Financial Analysis, Reporting & decision making support to the Top Management.
Managing Internal Audit team, reporting observations and ensuring Audit compliance.
Term Loan and Working Capital management.
Successfully got apprised and disbursed an expansion project of INR 1300 Crores (Approx. US$ 190M) from a consortium of lenders.
Designed and implemented Forex MIS.
Implemented 100% audit compliance
Various Companies (Atcom Technologies Ltd., Zoom Developers Ltd., Shahi Shipping Ltd.)
(Mumbai, India)
10/1998 – 06/2004
Positions held: Manager Finance
Corporate finance.
Project analysis (Discounted cash flow) bidding/tendering and financing.
Annual budgeting, review and reporting.
Term loan and working capital management.
Loan restructuring.
Implemented first budget at Shahi Shipping Ltd.
Handled complete bidding process and was awarded with Haldia dock project. Managed initial set-up and various regulatory clearances.
Designed and implemented barge audit processes.
Restructured multimillion dollar loan for Atcom.
Computer Skills:
MS Office applications -- MS Excel, MS Word, PowerPoint
Accounting Software/systems -- SAP
Education:
CPA (2016)
AICPA and Board of Accountancy, Washington
Master in Finance & Control (1998)
Lucknow University, India.
Bachelor of Science (Math major) (1996)
Babasaheb Bhimrao Ambedkar Bihar University, Muzaffarpur, India