CFO Finance Head VP Finance FInance Controller

DIVESH SEHRA

CA (****), CS (****), PGDBA Finance (2011), B. Com (H) (2008)

Objective is Targeting senior level assignments as CFO/VP in Accounting, Finance, FP&A, Fund Raising, Tax, Legal & Secretarial and Audit Functions

Summary

• Lead in formulating the company's future

direction and supporting tactical initiatives

• Monitor and direct the implementation of

strategic business plans.

• Develop financial and tax strategies.

• Develop performance measures that support

the company's strategic direction Funding

• Participate in key decisions as a member of the

executive management team.

• Maintain in-depth relation with all members of

the management team (Stakeholder

Management)

• Understand and mitigate key elements of the

company's risk profile. (Risk Assessment)

• Construct and monitor reliable control systems.

(Risk control Matrix)

• Responsible for directing an organization's

overall financial policies.

• Plan, develop, organize, implement, direct, and

evaluate the organization's fiscal function and

performance

• Manage and oversee various relationships with

Investors and financial partners, including

Financial Planning & Analysis, Strategic Pricing

& - Planning, Accounting, Financial Operations,

and Financial Applications

• Assisting in identifying new opportunities and

managing all aspects of financial assessment

including ROI, IRR, and cash flow analysis.

• Scale efficiently moving fast, and evolving our

planning processes and ensuring finance best

practices spread through the organization

• Provide recommendations to strategically

enhance financial performance and business

opportunities

FINANCE PROFESSIONAL

EMAIL: add2yw@r.postjobfree.com ; Phone: +91 -981******* SKILLS SETS

• Fund Raising and Fund Management

• Financial Planning and Analysis

• Budgeting & Forecasting

• MIS Variance & ratio analysis reports

• Capital Management

• Operating Analysis & Performance Analysis

• Finance and Accounts functions, P&L, Cash

Flows and Balance Sheet, Audits as per IndAs,

GAAP, IFRS and AS

• Periodic, monthly, quarterly, and annual

reporting and Financial analysis

• Direct Tax compliance (TDS, Income Tax,

International Taxation, Transfer pricing)

• Indirect tax Compliances (GST, LBT, Excise,

Service Tax)

• Labour Law Compliances (PF, ESI, PT, Minimum

Wages, POSH, Bonus)

• Secretarial Compliance and Legal drafting and

Litigations functions

Qualifications

Course/Degree Institute/

University

Year

Chartered Accountant ICAI, Delhi 2011

Company Secretary ICSI, Delhi 2010

PGDBA Fin Symbiosis 2011

B. Com (H) Delhi University 2008

Personal Details

Date of Birth: 07/07/1987

Languages Known: Hindi and English

Marital Status: Unmarried

Address: Mukhram Garden, Tilak Nagar, New

Delhi-110018

WORK EXPERIENCE

1. Financial Controller at “BTB Marketing Private Limited (“The Beer Café); Apr 2018 to Feb 2020 Reporting to CEO/MD; Team Size: 18 People; Turnover: 100 Cr Key Performances: Fund Management Fund raising Rs. 85 Cr (Series A & B) Debt Raising (unsecured loan of Rs. 20 Cr) MIS Financial Planning and Analysis Budgets

& Forecast Cost Controls Financial Controls Relationship with Investors & Management Taxation and Statutory Compliances.

Profile:

A. FINANCIAL PLANNING AND ANALYSIS AND FINANCIAL MODELING 1. Developed and maintained the annual financial & operating plan, long term strategic plan and financial forecast model. Lead a structured financial forecasting and planning process. 2. Develop a reliable cash flow projection process and reporting mechanism 3. Develop and lead budgeting exercise

4. Develop and maintain monthly consolidated corporate reporting package including consolidated financial statements and analysis of key performance indicators. 5. Providing timely and accurate analysis of budgets, financial reports, and financial trends 6. Analyze business performance - monitoring and analysis of profitability monthly and make recommendations for areas of potential net cost savings along with financial cost benefit analysis along with summary of key non-financial factors.

7. Analyze Gross margin (region and unit wise) - product, channel, customer margins at all levels

(before and after allocations of overheads)

8. Financial modelling and Risk Management competition benchmarking & other measures to proactively make growth strategies for the company. 9. Participate in developing new products and markets by assisting in identifying new opportunities and managing all aspects of financial assessment including ROI, IRR, and cash flow analysis. B. ACCOUNTING, FINANCE, AND REPORTING

10. Monitor cash balances and Arrange for debt and equity financing. 11. Oversee employee benefit plans with specific emphasis on maximizing a cost- effective benefits package.

12. Report financial results to the board of directors. 13. Ensure that record keeping meets the requirements of auditors and government agencies. 14. Overseeing all treasury, accounting, budget, tax, and audit activities for the organization 15. Ensuring the timely completion and submission of financial and statistical reporting for management and regulatory agencies. Informing and advising senior management on the organization's financial condition

16. Reviewed inventory analysis reports and addressed any variances. Responsible & monitoring inventory transactions. Regularly reviewed and reconciled Accounts Payable aging and outstanding checks.

17. Completed month-end closing deadlines. Reviewed unposted accounts payable entries and made coding corrections as requested by G/L department as a part of AP & AR Management 18. Finalization of Annual Accounts as per GAAP, IFRS, Ind AS and AS, Month End Close TB Closure, GL reconciliations, Control over Chart of Accounts, GMGL and ownership of accounts, Fixed Asset & Inventory management, Bank and Treasury management Vendor Management and Accounts Payable: Invoice Management, Payment Disbursement, Adherence to Process reviews and controls and Audit Management, Timely reconciliation of vendor ledgers, handle issues related to delayed payments, negotiate payment terms with vendors.

19. Coordination with Statutory Auditors, GST Auditors, Tax Auditors, TP Auditors, and Internal Auditors and handling & resolving their queries.

C. TAXATION (DIRECT AND INDIRECT) AND ALL OTHER STATUTORY COMPLIANCES 20. Liaising with Government Departments and Regulatory Authorities like Tax Department for obtaining necessary sanctions and ensuring compliance with various statutory laws 21. Ensuring timely assessment and filing of direct & indirect tax returns including GST, VAT and TDS and IT returns; appearing before regulatory tax authorities for assessments; Audits under tax laws 22. Develop and evaluate Direct tax and GST strategies and explore opportunities for tax planning and optimization

23. Tax advice to management and internal departments on various matters such as tax implications on various initiatives of sourcing / logistics, marketing, financial planning, and analysis etc. 24. Management of tax refunds and demands, Input tax Credits 25. Manage relationships with outside tax consultants and tax authorities for tax litigation matters 26. Ensure and Supervise Secretarial Team for compliances related to Companies Act, FEMA. 27. Ensure and Supervise legal team for different license requirements of each state (e.g. Food Safety License, Liquor License, Eating House License, and License under Department of Tourism, Fire NOC, Peg measure Certificate, Weighing Scale License, and Shop & Establishment registration. Monitor all open legal issues involving the company, and legal issues affecting the industry. Maintain appropriate insurance coverage

28. Lease Management including drafting & vetting, renewals, General Service Agreements including Marketing Agreements, Corporate Tie up Agreements, Sponsorship Agreements, Warehousing Agreements, Franchise Agreements.

29. Labour Law compliances, including PF, ESI, Bonus, Gratuity, Minimum Wages. Etc. 2. Senior Manager at “Ahuja Radios, Noida; Jun 2016 to Apr 2018 Reporting to Director; Team Size: 12 People; Turnover: > 1000 Cr 1. Responsibility for funding including equity, debt, and working capital Management. 2. Budgeting and Cost Control,

3. Finance, accounting, legal and secretarial functions. 4. Conceptualization and Design of Operational Systems and Policies for effective Operations and Management, Management Information Systems, Operational and Productivity Matrices, 5. Internal Controls, Processes and Procedures, Compliances under Direct taxes laws (Income Tax Act) and Indirect tax laws (VAT Act, Services Tax law, Excise, GST) 6. Compliances under companies Act 2013,

7. Internal audit review and Statutory Audits, Statutory audit schedules, 8. ESI, PF compliances and Payroll systems, (Labour Law Compliances) 9. ICFR control testing,

10. Finalization of Annual Accounts, Month End Close TB Closure, GL reconciliations, Control over Chart of Accounts, GMGL and ownership of accounts, 11. Fixed Asset & Inventory management, Bank and Treasury management, 12. Compliances under FEMA Act, RBI regulations,

13. Analysis of Monthly fund flows statements and Projections, 14. Vendor Management and Accounts Payable: Invoice Management, Payment Disbursement, Timely reconciliation of vendor ledgers, handle issues related to delayed payments, negotiate payment terms with vendors

15. Adherence to Process reviews and controls and Audit Management, 16. Ensuring all financial and accounting practices are in line with all statutory legislation and regulations,

17. Financial Planning & Analysis, Budgeting, Projected & Actual Weekly & Monthly Cash Flows, MIS, P&L, Projected Income Statement, and assessment of Variations 3. Manager F&A at “Efacec India Private Limited, Saket Delhi; Jun 2014 to May 2016 Team Size; 4 People; Turnover: >Rs. 100 Cr; Reporting to: Finance Head 1. Lead the Accounts and Finance Department/ team

2. Provide technical guidance to the accounts team 3. Preparation of Financial Statements, Balance Sheet, Profit and Loss accounts, Cash Flow Statements, and audits

4. Handling all statutory requirements (TDS, Income Tax, Transfer Pricing, international taxation, VAT, Service Tax, LBT returns and assessments)

5. Ensuring all books of accounts are maintained as per legal provisions 6. Prepare annual budget of the organization and ensure expenditure as per budget 7. Financial Management of the organization

4. Manager at “Vivek Aarushi and Associates (Consulting), Delhi; Aug 2008 to May 2014 Team Size: 6; Reporting to Partner

1. Book keeping, Preparation of Financial Statements Balance Sheet, P&L, Cash Flows Statements 2. Statutory Audits, Tax Audits, Internal Audits

3. Preparation of Annual Budgets and Forecast

4. Project Financing, Funding, and working capital limits 5. TDS Compliance like return filing, Correction statements, TDS certificates, Income tax Assessments u/s 143(3), 147, Preparation of ITR, Tax Audit, Tax calculations & other tax compliance, Follow up with tax authorities for Income tax refund, reply to intimation u/s 143(1) and attended hearing for notices u/s 143(2) & rectification application u/s 154 of the Act, Preparation and review of basic details for application u/s 197 income tax act, Transfer pricing, Tax Audits, TP Audits, International taxation, Withholding taxation. 6. Compliances for indirect Taxation; registrations, return filing, assessments under VAT, Excise, and Service tax laws.

7. Secretarial Compliances; Organizing Board Meetings, Annual General Meetings and Extra- Ordinary General Meeting in accordance with Secretarial Standards, Annual Filing & Event Based Filing, Drafting & Vetting of Share Subscription Agreements & Share Purchase Agreements, Handled Rights Issue and Preferential allotment, Issue of Share Certificates & Share Stamping and other compliances under companies Act

T E C H N I C A L Q U A L I F I C A T I O NS

Working knowledge of Tally 9.0 ERP, BAAN, SAP (Work till 2010 on SAP)

Well versed with MS Office 2010 (Word, Excel, Power Point)

Working experience of Web-e-TDS and Web-e-Tax software, Finacle banking software, Compu Office

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