Accounting Project

Profile Summary

A seasoned senior management professional with exposure to all CFO functions with a specific focus on taking the company to the next level of growth. A dynamic finance professional with 19+ Years of Experience with an outstanding academic career followed by excellent experience in both B2C & B2B spaces, including launching green-field operations. Deeply Involved in critical transformation initiatives to the credit which includes Digitization of the process and controls; Organizational redesign, Large technology transformation projects like implementing enterprise solution, New and replacement of billing platforms Transition management.

Has a strong understanding of business levers and can play multidimensional roles Strategic thinking vs operational planning, Business strategy including incubating & developing new businesses, implementing portfolio restructuring decisions (IPO planning, divestment, joint ventures). Have been an integral part of the management team, and pivotal in developing strategies, expanding market distributions reach, product pricing, projects techno-economic viability studies. Co-owned the P&L with the CEO/Business managers. Demonstrated leadership capability in forging partnerships with business heads and internal/external stakeholders to achieve business objectives. A passionate leader on process re-engineering, automation and driving productivity, team building and setting challenging goals, grooming, mentoring /coaching team

Certifications

Course for Diploma in IFRS, ACCA, UK & Ind-AS from Ernst & Young.

Diploma-Robotics Process Automation-Stater Training from Ui Path, USA

Diploma-Robotics Process Automation-Business Analyst, Ui Path, USA.

Skill Set

Soft Skills

Personal Details

Date of Birth: Aug 24 1977

Languages Known: English and Hindi

Present Address: B-207, Pragtisheel Apartments, Plot No. 5C,

Sector-11, Dwarka, Delhi-110075, India

965-***-****, ****************@*****.**.**

Strategic Planning, Corporate Governance, Business Finance

Accounting Operations, Team Building & Leadership

Business Process Re-Engineering, RPA, ERP Implementation, Transformation

Due Diligence, Auditing & Taxation

Treasury and Fund Raising, IPO

Cost Optimization (Capex to Opex Planning), Supply Chain

Receivables & Payables Management

Project & Business Evaluation

Cross-functional Coordination

Career Timeline for Latest 15 Years

Work Experience

February ’20 – Jun 2020 – E-Link Data Cable Pty Limited, Adelaide-Australia- Head Accounting and Finance

Key Result Areas:

oHandling overall end to end accounting, project administration support, milestone tracking and logistics management right through to the resource allocation.

oResource Allocation to multiple projects, project scheduling and planning and final closure reporting and documentation.

oMonthly rolling forecast, budgeting vs actuals, variance analysis.

oSite/ Project profitability analysis, costs vs revenue comparisons.

oDiscussing pricing structure for new projects bidding, preparing competitive quotes resulting overall project profitability while maintaining an edge over competitors.

oProcess and system implementation for Warehouse Management, Material Inventory Recordkeeping, Issuance and Consumption accounting, Periodic Stock-take, and passing adjustment entries.

Projects and Accomplishments:

oDeveloped systems and processes, leading the organization to become a direct delivery partner to leading telecom players of Australia, from the current level of a third party sub-contractor.

oIdentified, recovered and enhanced 5% of revenue from one of the leading customer resulting 1% increase in project profitability

October’18 – Jul ’2019: Pristine Logistics- IDFC Company - Financial Controller

Key Result Areas:

oHeading the Finance and Accounts Vertical- reporting to the board, as a representative of Global- Infra Partners (GIP), majority stakeholders.

oFund Raising through Term Loans, Working Capital Limits, Lease Rent Discounting (LRD’s), Equipment Finance for further expansion CAPEX as well as working capital needs.

oImplementation of best practices through the implementation of standard operating procedures (SOP)

oSeamless Digitization of business processes through the implementation of SAP S4/HANA

oEngagement with the board appointed Audit Committee and presenting the audited numbers and financial performance.

oEnsuring the preparation of AOP, short-range plans (SRP’s) and long-range plans (LRP’s) reflecting the strategy for enhancing the shareholders’ value.

oCustodian of compliances in conformity to various statues applicable to business.

oClosely monitoring the Cashflows with an intent to keep the least possible working capital needs, through maintaining stricter control over receivables and better payment negotiations with vendors.

Achievements:

Successfully:

oRaised funding of Rs. 150 Crores, - Rs. 100 Crores Term Loan, Rs. 50 Crores Working Limits, at a reduced cost through credit rating enhancement and improvised collateral valuations coupled with a strong business case.

oImplemented SAP S4/HANA in a record time of four months for 11 Legal entities.

oIdentified the eligibility of business for Services Export from India Scheme (SEIS), about which entire company was unaware of and generated cash of Rs. 20 Crores, enhancing PAT as well.

Implemented:

oStandard Operating Procedures (SOP’s) across business functions, i.e. Supply Chain, HR, Plant Maintenance, Finance, Compliances and Business Operations.

oFinalized AOP’ a month before the start of the new financial year, for the first time in the organization.

oConceptualized, formed and stabilized active internal audit function to plugin process gaps necessarily required for risk minimization and mitigations.

oFormed a team of professionals with skill sets required to support the future rapid growth of the organization.

January’ 18 - October 2018: Acme Cleantech Solutions Limited, Gurgaon as AVP- Finance, Business Planning & Business Improvements

Key Result Areas:

oShouldering the responsibility of supporting rapid business growth plan by developing and implementing business-focused strategies- short term as well as long term, business planning, business improvement and performance appraisal.

oBudgeting and Planning through SAP Funds Management, and automated tracking thereof.

oSupervising and leading the strategic business transformation, conceptualization and implementation of digitization roadmap with massive business impact.

oTransformation Budget Responsibility of INR 20 Mn, chaired by Executive Management, Board of Directors.

oIdentifying the areas of Finance automation with upgraded SAP S4HANA, Treasury Risk Management, Ariba Procure to Pay Cycle, Vendor Invoice Management, SAP Concur- Admin Budget Automation, Management Reporting through Mobile Apps, Artificial Intelligence and RPA in transactional finance processes.

oEngaging 30-40 External Consultants are working on Strategic Business Transformation.

Achievements:

Successfully:

oAchieved INR 100 Million savings across 30+ solar power generation sites by introducing e-procurement through reverse auction, enhancing vendor base by 30%; full transparency in the procurement process.

oIntroduced Vendor Evaluation and Rating Process.

oRemoved Inventory leakages by implementing Sub- Contracting digital process, during project execution, and identifying surplus inventory at 30+ Sites, savings of Rs. 350 Million

Implemented:

oExtensive Business MIS, covering Key KPI’s and performance of the entire cross-functional team.

oOnline Mobile dashboard for solar generation & project monitoring

oStandardization of Processes to ensure data consistency and system reports treated as a single source of truth.

oEnd to End Business Process Re-engineering, ensuring financial numbers and business KPI’s are captured almost real-time through seamless integration between various applications used in the system.

oPivotal in designing the multidimensional project wise, state wise, budgets, actuals commitments, actual liability already incurred, and payments done.

oCashflow Planning for Under Construction Projects, and upcoming large-scale solar park government tenders.

oReduced 120 Man-days of Banking Operations Team, by automating Bank Reconciliation process for 80 operational bank accounts.

Jan ’13 – Dec 17: Shyam Spectra Private Limited – Spectranet, Gurgaon as GM Finance

Key Result Areas:

oFinancial Controller for ISP and Telecom Infra Business across Indian Operations, responsible for entire finance operations for both the divisions, the establishment of robust financial processes and controls,

oAccountable for business management accounting and reporting, including monthly profitability statement, cash flow and balance sheet analysis.

oLeading and presenting the annual operating budget, tracking budget Vs actual, variance analysis and getting much behind the numbers to bring a clear business perspective to them.

oFundraising through debt route, and its planning.

oResponsible for finalization of books of accounts, ensuring compliance with relevant generally accepted accounting principles

oCo-ordination with group statutory auditors for year-end audits, providing high-quality financial statements and timely closure of reviews

oHealthy treasury controls and optimization of returns on excess cash balances

oEnsure regular compliances with various statutory laws/regulations (e.g. Indian Income Tax, Service Tax, Companies Act, GST)

oSubstantial control over the balance sheet and timely recovery of debtors.

Supervised:

oWorkforce planning, recruitment, performance management & mentoring, ensuring that the team is highly motivated and provide necessary guidance/training to enhance their skills.

oBusiness Process improvements through various quick-wins projects, process conceptualization, documentation, implementation and improvisation.

oTake the necessary lead in IT projects and new initiatives for getting efficiencies in the finance process

oERP implementation and change management.

oEnsure a high level of performance in all Key performance indicators (KPIs)

Achievements:

oVital member in the turnaround of the company from the state of EBITDA Negative to EBITDA Positive and finally PAT Positive.

oSuccessfully raised funds worth Rs 175 Crores.

oDone loan restructuring reducing, thereby reducing the monthly cash outflow by Rs 50 Lacs per month; reduction in the cost of debt by 2%

oImplemented highly automated ERP in the organization –Microsoft Navision 2013.

oConceptualized and Implemented the EMI Payments Options for Internet Services for the very “FIRST” time in the entire ISP Business Industry.

oConceptualized and implemented a highly automated Treasury Function, full-blown integration between ERP and Bank Server, releasing seven person-days a month.

oRecovery of 25% from deactivated debtors, standing with the exposure of 4 Crores for more than 730 Days.

Previous Experience

Mar’09-Jun’12: Siva Ventures Limited- Business Planning (Telecom), CFO (EPC Division)

Dec’ 04 – Mar ’09: Idea Cellular Limited, DGM- Finance, Mohali

Education

oChartered Accountancy – May 2000, All in First Attempt

oB. Com (Hons) - Shaheed Bhagat Singh College, Delhi University 1998, 1st Division

Sachin Rastogi

SENIOR FINANCE LEADER

Qualified Chartered Accountant offering 19+ years, having an expertise in business partnership, co-owning P&L with the CEO’s, meticulous planner with exceptional analytical abilities. A focused leader, with exceptional communication skills.

****************@*****.**.** +91-965*******

Motivational Leader

Change Agent Thinker

Collaborator Planner

Communicator

Acme- AVP- Finance

Financial Controller Pristine Logistics

E-link Australia Data Cable Pty Ltd- Head Accounting & Finance

Siva Ventures - Business Planning Head,

CFO- EPC Division

2020- Present

Idea Cellular Limited, DGM- Finance

Shyam Spectra Private Limited Financial Controller

2005-2009

2009-2012

2018-2019

2013-2018

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