Manager Accountant

Sandesh Shah

Chartered Accountant

Contact: +91-937-***-****; e-mail: *********@*****.***

Seeking Senior Management position in Financial Control, Reporting & Presentation, Complex & Wide Regulatory Compliances, leading geographically spread professional team & Driving value to the business, with growth-oriented organization of professional repute.

Profile Summary:

Robust driver of CHANGE with continuous improvement to increase the bottom line with consistent approach of constant “ LEARNING ”.

Ambitious Finance professional with Chartered Accountant academic & 19 years plus crossed industry experience. Proven expertise in heading verticals of Financial Control, Financial Reporting (US GAAP, GERMAN GAAP, & IND-AS) & Presentation, Business Processes, Corporate Finance & Treasury Management, Auditing, SOX Compliance, GST, DGFT, EXIM, Direct & Indirect Tax Compliances, FEMA, Transfer Pricing, Budgetary Controls & Strategical Planning, Costing, Company Law & Secretarial Compliances, formulating & implementing financial policies / procedures for effective management of EPC, Business Verticals and developing MIS for decision making & growth.

Hands on experience in an implementing an ERP (SAP), EPC and continues improvement for the Organisation.

Professional Career History:

1)Head Finance @ Wirtgen India Pvt Ltd

Wirtgen India is a part of German Engineering Giant, Wirtgen Group, an international group of companies under the parental umbrella of John Deere, The U.S. Conglomerate, in the business of manufacturing of road construction & mining equipment. India entity stands at Rs 1,500 Crores. Global size of the group is $ 30.00 BN.

Period: May 2012 to till date.

Designation:-

i)Deputy General Manager – Finance, from Jan 2018 onwards.

ii)Assistant General Manager – Finance, from Jan 2014 to Dec 2017.

iii)Senior Manager- Finance, from May 2012 to Dec 2013

Team Size: Direct Team 18 (CA: 5, CWA: 2, Law Professionals: 2). Indirect: 20 +.

Highlights: -

oPart of Management Team in policy decisions;

oKey role in Product Launch and Viability;

oResponsible for end to end Financial reporting;

oStrategy framing related to Corporate Finance & Forex;

oResponsible for entire Regulatory Compliances (GST/ VAT/ CST/ Direct Tax / Transfer Pricing / RBI/FEMA / DGFT / Customs);

oClose working with Senior Finance Management team at United States, Germany & Indian Parent John Deere;

oLead the Due diligence, SOX Implementation.

oEnsure Business Continuity & Team development.

Key Result Areas: -

1.Business Driven: -

a)Member of decision-making team for defining MRP in SAP for each part (for A & B category)

b)Controlling & Periodic review of Machine cost and MAP of parts, including movement;

c)Management member of defining Net Price Realization (NPR) for each product;

d)Monthly review & analysis with Budget / Forecasts, Deep diving in to the variances and taking it up with respective stake holders for concluding Business changes.

e)Monthly meeting with U.S and Germany team to explain the variances, business scenario and Business need leading to variances.

f)Presentation on monthly Financials having details of Sales (Zonewise, Brandwise, Machine wise), Production, Cost of Quality, Inventory Ageing, Receivables, Payables, Cashflow, Cost of fund and Tax status (DT & IDT, both).

2.Finance Controller, Reporting and Audits: -

a)Monthly, Financial year, Calendar year and US year (November to October) release of financial results as per IND AS, Germany GAAP, and US GAAP.

b)Responsible for consolidation with John Deere India (P) Ltd, the parent company.

c)Responsible for various Audits, starting with framing an Audit Plan, Conduct, Review, submission of Responses and presentation to Management.

d)Big four Audit teams attached for:- Statutory, Internal, SOX, GST, Income Tax, Transfer Pricing and Cost Audit.

e)Driving timely release of Annual Budget and Quarterly Forecasts.

f)Rollout SOPs on business processes & ensure adherence (P2P, O2C, FX, Logistics, DGFT, ICFOR, After Market etc…).

g)Ensure regulations and controls are in place and used all time.

3.Corporate Finance: -

a)Close working with consortium banks on Project funding, Buyers Credit, Packing Credit (INR & Non-INR), Working Capital, Term Loan, Vendor Financing, ECB, BGs, and LCs, worth Rs 450 Crores.

b)Managed to get cost of funds below 7% p.a. & ensured Forex risk coverage with 4% p.a.;

c)Managing Forex in respect of Inter Corporate Transfers, Export & Imports to the tune of Euro 150 million (Rs 1200 Crores)

d)Rigor on Inventory management, Moving/ Non-moving review;

e)Ensure finances are properly administered and monitored, for e.g. Advances, Guarantees, Deposits and Capex.

4.Tax and Regulatory Compliance: -

a)Lead core team of Tax & IT professionals, SAP consultants for GST implementation & rollout across 17 locations.

b)GST process determination, training, SAP configuration for 17 Locations.

c)Responsible for ensuring GST compliances, 3B, GSTR1, GSTR-2A, 9 & 9C, E-invoicing, and E-Way bill reconciliation.

d)Excise compliances, Periodic & Merchant Export, Audit;

e)VAT / Sales Tax Compliances of 16 Locations;

f)Making sure to avail export incentives under MEIS & SEIS and DBK compliances.

g)Ensuring timely SAD Refund from Custom house;

h)Compliance with Custom’s special valuation board (SVB);

i)Ensuring Import benefits under FTP via EPCG,

j)Responsible for Direct Tax compliances, Planning, Scrutiny & Assessments;

k)Decision on Group level Transfer Pricing, Framing Local file, Support for creation of Master file, closure of TP Memorandum & Assessments;

l)Company Law compliance with regards to Meetings, Minutes, Annual Fillings, Reporting and Equity Allotment

m)Timely release of cost audit records for smooth release of Cost Audit report;

2)Head- Finance @ Biltube Industries Ltd (Bilcare Group)

Period: Jan 2010 to May 2012

Team Size: 15 (Direct Reportee 7)

3)Controller- Mah & Goa Region at Indus Towers Ltd

Period: - Oct 2008 to Jan 2010

Team Size: - 45+ (Considering SPOCs of Specialized Partners & General Maintenance Partners)

4)Reliance Communications Ltd

Period: Apr 2006 to Oct 2008.

5)E-Square Leisure (P) Ltd

Period: Sept 2003 to Mar 2006.

6)M/s Prakash Oza & Co, Chartered Accountants.

oAudit Manager: - Feb 2000 to Sept 2003

oArticles: Feb 1997 to Jan 2000

Industry Experience:

oManufacturing-Construction Equipment*

oManufacturing - Paper

oTelecom Infrastructure

oTelecom

oHotel & Entertainment

Academics:

Qualification

Institute/ University

Month & Year of Passing

Chartered Accountant

ICAI

May 2001

M.Com

Pune

May 2000

B. Com

Pune

May 1998

Computer Literacy:

Expertise in SAP-ECC 6, MS Office 2010 and Tally.

Personal information:

Permanent address

:

D-115/116, City Park society, Pitale Nagar, Market yard, Pune-411 037 (Maharashtra, India)

Marital Status

:

Married

Date of Birth

:

13th October 1977

Languages Known

:

English, Hindi, Marathi and Gujrathi

Linkedin ID

:

www.linkedin.com/in/sandeshshah

Passport Number

:

L2790304

Contact this candidate