JAGDISH CHANDRA RAJ

Contact Nos.: 094********/ 087********

E-Mail: acxbf9@r.postjobfree.com

Address: Flat No.: S /2, B1 / 148, 255, D L F Extension- II, Bhopura, Ghaziabad-201005

~ TOP MANAGERIAL ROLE IN FINANCE & ACCOUNTS ~

High-energy professional, successful in achieving business growth objectives within turnaround & rapid changing environment/ culture

Proven track record of successfully employing best business practices that improve efficiency, reduce operating costs, increasing performance in tight time scales and within budgets

PROFILE SUMMARY

40 years of experience in:

~ Finance & Accounts

~ Budgeting & Reporting

~ Taxation

~ Cost Management

~ Fund & Cash Flow Management

~ Risk Management

~ Cross-functional Coordination

~ Accounts Payable & Receivables

~Strategic Planning

Proficient in managing financial systems & management procedures by proper budgeting & ensuring that controls are adequate; excellent in identifying areas of strength & weaknesses in the financial function and managing systems effectively to improve efficiency and increase cost saving, productivity & bottom line profitability

Excellence in creating and implementing a fixed assets accounting system for monitoring & managing all fixed assets and depreciation expenses; diligent in directing financial analysis, internal & regulatory reporting, accounting operations, forecasting that led to long-term improvements in cost savings, profitability and productivity

Led the design of optimum capital structure and financial strategy for the company keeping in mind capital expansion for existing business, investment in new businesses/projects, and short-term cash optimization

Acted as Internal Auditor and Committee Member of ERP Implementing Committee for Paper (HPC – A Government of India Enterprises) Industries

Spearheaded the Finance function, led a team of 30 members managing the accounting, reporting and compliance requirements for the plant having more than 1100 employees and an annual turnover of more than 400 Crores

Multi-disciplinary Accountant renowned for managing day-to-day accounts related activities in co-ordination with internal/ external departments for smooth financial operations

ORGANIZATIONAL EXPERIENCE

Jul’88 to Jan’16: Hindustan Paper Corporation Ltd. (A Government of India Enterprise), Tuli (Nagaland), Chennai, Cachar Paper Mill, Nagaon Paper Mill (Assam) and Delhi

Growth Path:

Jul’88 to Jun’99: Executive (Finance)

Jul’99 to Jun’05: Assistant Manager (Finance)

Jul’05 to Jun’10: Deputy Manager (Finance)

Jul’10 to Jan’16: Manager (Finance) / Head of Department

Key Result Areas:

Implementing consolidated monthly reporting & forecasting processes, improving executive visibility of business dynamics and developing consensus on overall risk and opportunities

Identifying and examining the financial opportunities to improve processes & profitability including investment/ divestment in various business activities

Educating and directing department managers in meeting budget & other financial goals

Directing financial analysis; internal & regulatory reporting, accounting operations, budgeting; forecasting that led to long-term improvements in cost savings, profitability and productivity

Interacting with internal & statutory auditors for conducting audits; evaluating internal control systems and implementing necessary recommendations

Managing fixed asset records in accounting system include project capitalization, depreciation, and physical verification of fixed asset & reporting of fixed asset detail for tax authorities

Preparing the General Ledger schedule and Variation for Statutory Annual Report

Assisting top management in designing need-based business plans / strategies for maximizing profitability & revenue generation & realizing organizational goals

Formulating annual operating budgets and forecast, conducting variance analysis to determine difference between projected figures & actual expenditure and implementing corrective actions

Creating budgets & conducting variance analysis to determine difference between projected & actual results and implementing corrective actions for the same

Ensuring strong communication with financial stakeholders (key financiers, large & smaller suppliers) to establish strong credibility

Leading operations in restructuring the company’s debt with a resultant long-term budget relief and increase in cash surplus reserves

Supervising the preparation of MIS reports and analyzing the same to provide feedback to the top management on business performance, monthly turnover, profitability and so on

Highlights:

Provided financial and business management leadership that facilitated growth from NIL to INR40 Crores (approximation) per year

Reduced costs by 3% through strict cost controls P/ MT Paper in variable cost

PREVIOUS EXPERIENCE

Jun’76 to Jun’88: Project & Development India Ltd. (A Government of India Enterprise), Sindri (Bihar) and Delhi

Growth Path:

Jun’76 to Jun’77: Accounts Trainees

Jul’77 to Jun’82: Accounts Assistant

Jul’88 to Jun’86: Sr. Accounts Assistant

Jul’86 to Jun’88: Accountant

EDUCATION

M.Com. from Magadh University, Bodh Gaya in 1978

PG Diploma in Finance Management from IGNOU, New Delhi in 2000

MBA (Finance) from Madras University, Chennai in 2001

B. Com. (Honors) from Ranchi University, Ranchi in 1976

PERSONAL DETAILS

Date of Birth: 10th April 1956

Languages Known: English and Hindi

Location Preference: Delhi-NCR

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