Sitakant Chaudhury Peachtree City, GA Cell: 509-***-****

acvqln@r.postjobfree.com . Green Card Holder

Director Finance Corporate controller

FP&A / Accounting, Finance, & Controlling

Highly analytical and forward-thinking senior Finance executive with 15+ years of progressive leadership experience fostering efficient and cost-effective international financial business operations. Strategic and resourceful leader with ability to implement and execute financial initiatives ranging from top-level strategy development to process improvement directives. Effective communicator with exceptional team building skills and ability to coordinate cross-functional multicultural teams to evaluate and respond to rapidly changing financial and business environments.

Core Qualifications

FP&A

Financial Consolidation and Controlling

Hyperion,SAP Implementation

Audit Compliance & Controls

Performance Management

Process Improvement

Career Highlights

Led Jindal Films Americas turnaround from negative $18M EBITDA annually to positive $22M in 18 months. Directed transition and integration following acquisition by parent company. Identified opportunities to optimize knowledge transfer and implemented FP&A process

Consolidated Accounts and Financial reporting of US and Europe under IFRS and conversion of Indian IS.

Successfully completed syndication of acquisition debt for $130M with low cost interest. Led and implemented SAP ECC 6.0 with BI and BPC.

Professional Experience

Jindal Films Americas (formerly known as ExxonMobil Chemical – Films), Lagrange, GA 2013 – Present

Global leader in development and manufacture of specialty oriented polypropylene (OPP) films with 600 employees generating $350M in revenue annually.

Director Finance and Corporate Controller

Direct account consolidation and financial reporting and FP&A spanning 20 IFRS/US GAAP holding companies including 9 companies in Europe. Manage Finance and Treasury operations including capital raise at group level to optimize interest cost. Develop corporate finance strategy, restructure, and group secretary functions. Oversee Group Accounting Service department with 20 direct / 15 indirect reports and $400M budget. Conceptualize tax strategies and communicate with external auditors. Provide strategic direction for all businesses under holding company and finalization of annual planning cycle and budget. Monitor successful SAP implementation for both EU and US. Serve as leader of Cost Reduction Opportunity Committee at group level. Leading the outsourcing function of finance and other for Americas and EU

Selected Achievements:

Implemented parent company’s FP&A process and SAP ECC 6.0 for US and EU.

Reduced insurance costs 50% in one year with strategic negotiations and optimal risk coverage. Completed post M&A and business integration.

Developed and implemented aggressive short term and long term financial goals for the company

Directed implementation of new business intelligence system with online reporting of business results.

Development and management of monthly KPI dashboards for the company.

Support the information/ reporting requirements to the corporate organization, needed for bank reporting requirements.

Reviewing all contracts with all established internal controls

Support the development of target setting for the company.

Jubilant Life Sciences 2008 – 2013

Leading provider of comprehensive manufacturing and related services to global Pharmaceutical, Biotechnology, and Generic Pharmaceutical products with 1,000 employees generating $200M in revenue annually.

Director Finance and controller, Jubilant HollisterStier, Spokane, WA

Led operations focusing on financial information and systems across 3 manufacturing plants (FDA approved) in the US and Canada. Managed all aspects of Financial and Accounting operations including FP&A fundraising, treasury to SOX compliance, and financial accounting under US GAAP, IFRS, and Indian GAAP.

Selected Achievements:

Raised $120M and reduced interest costs 20% over 3 years via syndication. Implemented first post-acquisition integration within 2 companies and 5-year annual planning cycle.

Implemented SAP ECC 6.0 across Allergy and CMO manufacturing company-wide within 4 months. Conducted road shows and managed investor relations.

Corporate Controller, Jubilant Life Sciences - Plant, Gajroula, India

Ensured operational excellence within Accounting and Finance departments reporting under US GAAP, IFRS, and Indian GAAP. Managed Accounting, Tax, and Audit Consultants. Directed SOX compliance, financial reporting, payroll, taxation, cash / banking, accounts payable / receivable, billing, risk / insurance management, product costing, variance analysis, forecasting, budgeting, and financial planning and analysis.

Selected Achievements:

Reduced expense burn rate from $220K to $160K. Empowered SBU Heads to heighten market share and margin by developing robust product costing and variance analysis plan.

Blaser Swisslube, New Delhi, India 2005 – 2007

Manufacturer and supplier of coolants, cutting oils, and grindings oils.

Head of Finance

Recruited by Board of Directors to establish sound financial operations in new startup subsidiary in India. Developed and implemented financial strategies that increased company revenue from $2M to $35M in 3 years. Served as member of Executive Committee and IS Steering Committee.

Selected Achievements:

Grew margins 85% via evaluation of financial organization and alignment of strategic initiatives with corporate vision and objectives. Conceptualized and implemented annual budgeting process to support 5-year plan.

Led global Hyperion implementation and acquisition of low cost manufacturer for cutting oil production.

Prior tenures included:

Group Financial Controller, Niranjans, Fiji Islands – Dealership of Mazda, Suzuki, BMW, Land Rover, Assembly Plant of Hino trucks, Retail, Budget Rent A Car

Senior Finance Manager, Perkbin Polymers, New Delhi, India

Assistant Manager, Mahindra & Mahindra, India

Branch Commercial Officer, Aristocrat Marketing Limited, India

Education / Credentials

Bachelor of Commerce, Accounting, Behampur University, India

Post Graduate Diploma, Business Management, Rajendra Prasad Institute of Communications & Management, India

Cost & Management Accountant, Institute of Cost Accountants, India

Certified Management Accountant (CMA), Institute of Management Accountants, America

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