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CFO

Location:
New Delhi, Delhi, India
Posted:
November 03, 2018

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SUMMARY OF ACHIEVEMENTS

My name is Rajesh Sharma, age 45 years have completed my M.Com, ACA, MBA (Finance) and CS (Inter) along with approx. 20 years diversified experience and exposure of various Sectors & Industries of India/New Zealand. I am very passionate person with strong understanding of the domain including Finance, Accounts, Taxation, Merger & acquisition, evaluation of new business/expansion along with connections in the entire Finance fraternity including Public Market/ PE World and Banks. I am working as Director or CFO from last 14 years and also an integral part of THINK TANK/Senior management of the organisations. Given below are the few achievements:

Independently led the financial closure of three round of PE investments for my employers and all deals were benchmark PE deals in respective sector in India including highest infusion made by the PE funds in the education sector at the highest ever valuation.

Before leaving FIITJEE, I was working on the Mega Dual Listing of FIITJEE (India & USA) and more or less completed the work including drafting of DRHP and SEC filing. FIITJEE was planning to raise Rs. 1600cr through an IPO and our US part of the IPO was underwritten by 2 international bankers at a valuation of Rs. 9000cr (details are available on net also - Google). There are only very few people in India who have worked on dual listing and I am the fortunate one to get this opportunity.

Arranged total debt of Rs. 1,500 crores (approx) through ECB and INR funding for my current as well as last employee i.e. PARK and FIITJEE for project funding, term loan and working capital besides raised project financing of NZ$300mn for Bachy Soletanche from Asian Development Bank to develop a Port in Fiji Islands and that was the first funding made by the ADB in Fiji Islands and I had been honoured by the Prime Minister of Fiji Island along with promotion with transfer to New Zealand by my employer. Also raised approx. NZ$150mn from Westpac & Colonial National Bank as Term loan.

Led the overall growth of PARK for setting-up of 8 new hospitals including 2 are under construction in last 4 years including financial closure of merger & acquisition deals along with financial restructuring, negotiation, legal documentations etc.

At FIITJEE, executed 63 new centres, 4 World schools and 9 Junior colleges in my tenure. I was responsible for feasibility, viability, location finalisation, property/land acquisition, designing & interior fit-out of the centres/schools. The revenue of the Company increased from Rs. 21 crores in 2006 to Rs. 450cr in 2013. Done complete financial structuring of Group including new ventures/businesses (India & Overseas)

Financial closure of 6 merger & acquisition deals of Hospital in last 5 years for my current as well as last employer including financial restructuring, negotiation, legal documentations etc.

Successfully designed & implemented ESOP & ERP System. Setting-up systems & procedure for a diversified business group having PAN India presence including implementation of best of the financial structuring for an international operation.

RAJESH SHARMA 15A/2, Lower Ground Floor,

Mobile No : 098***-*****, 078***-***** East Patel Nagar,

Email : ac7lcs@r.postjobfree.com New Delhi – 110 008

PERSONAL DETAILS

Father’s Name : Late Mr. Chaman Lal

Date of Birth : 30th March 1973

Passport Number : A-3722546

DETAILS OF ACADEMIC & PROFESSIONAL QUALIFICATIONS

B.COM completed in the year 1993 from Delhi University, India.

M.COM completed in the year 1996 from Choudhary Charan Singh University, India

A.C.A (Chartered Accountant) completed in the year 1996 from the Institute of Chartered Accountants of India.

MBA (Finance) completed in the year 2000 from Madurai University, India. The University is a member of the 10 top ranked universities for MBA in India.

CS (Inter) completed in the year in 1998 from The Institute of Company Secretaries of India.

One Year diploma in Computer applications and programming.

TOTAL EXPERIENCE AND JOB RESPONSIBILITIES

Total full time on the job experience is about 20 years and the details for the same along with job responsibilities are given hereunder in reverse chronological order -:

Presently working with PARK GROUP OF HOSPITALS (PARK) as GROUP DIRECTOR (FINANCE) since November 2012. PARK is a chain of multi-super speciality hospitals and currently operating hospitals at Delhi, Gurgaon, Faridabad, Panchkula, Karnal & Panipat with a total capacity of ~1,500 beds. PARK is among the fastest growing chain of hospitals in North India.

Cumulative Job responsibilities:

At Park Hospital, I am heading the Finance & Accounts department of the Group including New businesses/initiatives, Merger & Acquisitions etc and reporting to the Chairman.

Major Achievements

Successful financial closure of 8 rounds of Debt funding through PSU/Private Banks in the form of Term Loan (to set-up new hospitals) and also CC/OD for working capital.

Started process for Private Equity fund raise for future expansion plan

Successful financial closure of 4 merger & acquisition deals for hospitals including negotiation, complete documentations etc. Financial structuring of Joint ventures for asset light models.

Financial structuring of the entire Group keeping future plans of the Group in mind including IPO etc.

Implemented most suitable systems & procedures including MIS in the organisation for best of financial discipline and corporate governance.

Worked with 'FIITJEE GROUP’ as ‘EXECUTIVE DIRECTOR (FINANCE)’ from June’2006 to October 2012. The group is in education, operating schools, coaching for IITJEE & other state engineering college entrance exams, coaching for medical entrance exams, e-learning, real estate development, advertising etc. The annual turnover of the group is approx. Rs. 400 Crores with a total work force of about 2400 employees at their 65 offices across India.

Cumulative Job responsibilities:

At FIITJEE Group, I was heading the overall commercial part of the Business i.e. Finance, Accounts, Taxation, Procurements, Projects, New businesses/initiatives, Merger & Acquisitions, HR (non-Academic), Administration etc of the group and my position was No-2 in the organisation after Chairman.

Major Achievements

Successful closure of two rounds of PE investment from private equity investors among top PE funds in the world on a dream valuation (on highest valuation as well as infusion in education sector in India). Received Appreciation Certificate from the PE investors to complete the transactions in most organised way. Both PE transactions including financial & legal due diligence with clear reports were completed in the record time

Got sanctioned/disbursement or commitment from Banks for approx Rs. 750 crores in the form of OD, Term Loan & Project Financing to meet the requirement of working capital, capital expenditures and to execute green field projects of the Group.

Was independently working on the biggest education and a unique IPO (simultaneous listing – India & USA), interaction with domestic/international merchant bankers, hiring of law firms and auditors (Big-4) for I-GAAP and IFRS. Got commitment from Bank of America Merrill Lynch & CITI for underwriting our US part of the IPO at Rs. 9000 crores.

I was an integral part of the top management and also THINK TANK of the Company which includes planning, budgeting, strategies, fund raising & its deployment, business expansion, new ventures, IPO etc. Successfully completed 2 Merger & acquisitions including negotiation, complete due diligence, legal documentations etc.

Executed 63 new centres, 4 World schools and 9 Junior colleges in my tenure. I was responsible for feasibility, viability, location finalisation, property/land acquisition, construction, designing & interior fit-out of the centres/schools. The revenue of the Company increased from Rs. 21 crores in 2006 to Rs. 450 crores in 2013.

Done complete restructuring of the Company and also set-up overseas Companies for international operation of the Group

Implemented systems & processes including implementation of ESOP & ERP best suitable for a multi-location and huge customer base business including hiring & retaining of the best talent. Strong control & monitoring of all parameters of business including Profitability at each centre/school level, timely circulation of MIS, Investors relations etc.

Got 4 promotions (from VP-Finance to Executive Director and also became member of Board of Directors) and also got outstanding appraisals along with incentive and Toyota Camry car. The Toyota Camry car was given as Best Performer

Worked with BACHY SOLETANCHE GROUP LIMITED (BSGL) as ‘CHIEF FINANCIAL OFFICER-SOUTH PACIFIC’ based out of NEW ZEALAND. I was leading the commercial department of group’s South-Pacific operation (14 countries) from May’2003 to May’2006. BSGL is French Company and is in the business of large Construction & Real estate development, large infrastructure development projects i.e. Road, airports, ports etc, Retail, big supermarkets, import and wholesale trading, hotels, motel & restaurants and have their offices at about 50 countries in the world. The annual turnover of the group is approx. USD 2.50 billions with total work force of about 350,000 employees worldwide.

Cumulative Job responsibilities:

At BSGL, heading the overall commercial functions of total 14 counties of South-Pacific including New Zealand, Australia etc which includes finance & accounts, credit control, purchase, costing, commercial, stores, import etc. and my position was No-2 in the South-Pacific operation of the company after Chief Executive Officer (South Pacific)

Major achievements

Got sanctioned and disbursement of project financing of USD300 million from Asian Development Bank for infrastructure development in Fiji. In addition to above, got sanctioned and availed project financing of NZ$70mn from Westpac Banking and NZ$75mn from Colonial National bank.

Implemented ERP system in the entire South-Pacific region of the Company. Successfully completed one large merger & acquisition.

Revenue grown from NZ$210mn to NZ$400mn in my tenure with the Company

Set-up retail and wholesale business of the Company in South-Pacific which includes setting-up Supermarkets, import of material from various countries for wholesale and retail.

Got 3 promotions (Financial Controller-Fiji Island to Group CFO-South Pacific) in 3 years.

Worked with ‘ANSAL GROUP’ as ' MANAGER (FINANCE & ACCOUNTS)' from Dec’2000 to May’2003 (approx. 2-1/2 years) at Delhi/Sahibabad. The company was in the field of Construction & real estate development, International call centre, trading of cars, Supermarkets etc. The total work force of the group is about 3,000 employees at various positions.

Cumulative Job responsibilities:

At Ansals, joined as part of Finance & Accounts team of Real Estate & Construction but later promoted as Head-Finance for International call enter and retail chain of the Company and was reporting to the CMD, COO and VP (Corp. Finance) of the Group. At International call centre, I was heading the F & A department and was responsible for Audit and finalisation of Balance Sheet, Taxation matter, MIS, fund management, budgeting, costing, STPI, Custom & Excise, dealing in foreign exchange, payroll of approx. 700 employees, compliance etc. Got it Sanctioned & disbursed a Term Loan from Canara Bank.

Worked with ‘HB GROUP’ as ‘DEPUTY MANAGER (FINANCE & ACCOUNTS)’ from April 1996 to December 2000 (approx. 4 years & 9 months). The group having business of Real Estate Development, Trading of heavy machinery, Trucking, Petrol pumps, Software development, Mutual Fund, Share/Stock broking, Hire purchase and leasing etc. The total work force of the group is about 1,200 employees at various positions.

Cumulative Job responsibilities:

At HB Group, I was heading the Finance & Accounts department of Real Estate & Software division and was also assisting in corporate finance & Accounts of the Group. I was reporting to the Executive Director and President. Independently looking after the routine transactions of the department, floating tenders for Real Estate Projects, comparison of tenders, agreement/work contracts, Audit of Accounts and finalisation of Balance Sheet, Taxation matter, MIS, fund management, budgeting, handling payroll of approx. 80 employees, RoC compliance etc, preparation of project feasibility and viability report. I was also part of team worked on the IPO and private placement of Debentures of the Group.

Worked with M/s. J.K. INDUSTRIES LIMITED (PHARMACEUTICALS DIVISION) a division of ‘JK ORGANISATION’ as an ‘ACCOUNTS OFFICER’ for the period from April 1995 to April 1996 (approx. one year) at New Delhi and Gajraula. The total work force of the group is about 60,000 employees at various positions. I was the first employee who was appointed for Factory Accounts and I was heading the factory accounts.

Article ship from M/s. S.K. Jain & Co. New Delhi

(RAJESH SHARMA)



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