Name: Sriram Kumar K – Mobile : +91-739*-***-*** adnm3r@r.postjobfree.com

Title: Finance Director – Finance

Overall experience: 28 years (from Year 1990 to till date) and in present company for 18 years.

Functional Summary:

Finance Professional with more than 25 years of experience in end-to end Finance management, Business partnering to CEO and MD in MNC environment for four Profit centers.

Board Director – Finance and Administration for two business entities in India – One as Domestic Tariff unit (DTA) for manufacturing and Export oriented unit (EOU).

Finance leadership and relationship management and in all aspects in the organization. Managed company restructuring to turn it profitable, managed labor VRS, funding, Capital reduction and payout minority shareholders, converted public to private company. Handled HSBC, SBI, Deutsche Bank, and institutions to manage funds effectively with Group Treasury.

Instrumental in identifying location, planning, approval and execution of Global R & D centres in Bangalore, Delhi including negotiation, contract, lease deeds in co-ordination with Indian reputed legal firms. Handled all aspects of commercial finance.

Effective in managing and controlling all receivables, payable and assets (tangible and intangible). Achieved working capital to Sales as per corporate requirements.

Managing financial analysis, variance reporting, cost control, product costing, product standard cost development

Handled ERP Finance modules in JDE platform for more than 6 years and hands on monthly MNC reporting to US and Singapore Regional office to finalize ledger and profits.

Co ordinate with Senior Partners of reputed India legal firms to complete contracts, negotiations, lease deeds, property management etc.

Maintained excellent relationship with bankers and statutory authorities for smooth working and financials of the company.

Co ordinate with Big 4 audit firms and worked with Anderson Consulting, McKenzie and in major projects driving Market support for revenue growth, cost reduction initiative and extract profit power of the company. Handled multiple PwC, KPMG audits.

Experience in enhancing, implementing and enforcing policies and procedures of the organization by way of systems that improve the overall operation and effectiveness of the corporation

Reporting to Managing Director in India and to Regional CFO in Singapore – Asia Pacific region

Provides leadership and relationship management and in all aspects in the organization with Business partnering CEO and Board in Financial and Management reporting, Planning and Budgetary control, Cash flow, SoX Audit, Statutory and Tax audit with PwC, KPMG, IFRS and UK GAAP. Foreign Trade policy and Corporate Secretarial work.

Corporate Governance, Risk, Internal controls and “Officer in Default” along with CEO in risk factors of the company. Compliance Management, Corporate Secretarial interaction, Legal reports to Group, point person for EOU compliance and procedures for Global R & D centre in Bangalore.

End to End Finance function accountability : Key point person for JDE Finance modules and interaction with Sales and Production planning operations for finalizing Revenue, Standard Cost, Variances from JDE on monthly basis, Inventory branch plant and reporting to Corporate, CEO and Auditors. Hands on experience in JDE management and reports. Responsible for Finance, Admin, Commercials and Operational Finance and handle a team of 10 staff. Handled Factory accounting/ material accounting in ERP system in Factory / Production environment

Effective communication with excellent interpersonal skills. Proficiency in explaining financial data. Inter act with staff all levels to get work completed. Combine hands on working and thinking.

Business travel to all Key metros and places in India and Asia Pacific region – Singapore, Hong kong, Korea, Taiwan, China – Beijing, Shanghai etc. Travelled to US, South Africa for meetings and training.

Delivered exceptional results through strategic thinking, innovative problem-solving and managing teams/ change for process and operational excellence

Qualification :

BCom from Vivekananda College, University of Chennai (Madras) – I Class

AICWA (CMA-India)

PGPMAX Indian School of business, Hyderabad (equivalent to Global MBA) – Ranked No 1 in India Executive MBA and 53 in Global rankings – Financial times : Modules in Wharton, Kellogg and ECIS business school in Shanghai.)

MBA (Finance) from Great Lakes institute of Management

CIMA (UK) – Advance Diploma in Management accounting – completed.

Director – Finance and Administration – Year 2006 to till date – Element Solutions Inc, US Listed company

India Legal name : Cookson India Private Limited

Country – India Finance and Accounts Responsibilities:

Overall lead of Finance function and combines Financial and Legal compliance in one role :

Finalizing Annual accounts and audit with big four for last 16 years – PwC and KPMG

India GAAP requirements – Revenue, Cost and taxation including Direct and Indirect taxation (Excise, Sales tax) and Transfer price audits with KPMG

Part of JDEdwards implementation team from Finance. 7 years of hands on experience JDE modules of AP, AR, Cash and Bank, JE entries, Standard costing module, Sales, Inter company transactions (payables and receivables, reconciliations etc)

Interacted with Government authorities at Senior Level to ensure the organization complies, meets requirements and realize the benefits of policies

Legal and Secretarial compliance – Meet all requirements of Registrar of Companies, Board meeting and minutes, filing and co-ordination

Board Management and Governance to ensure compliance. Compliance officer of the company for past 14 years.

Well versed with timely and monthly accounts closing, for operating units including responsibility for full P & L, expenses and accruals.

Manage General Ledger, Fixed assets and internal projections, Financial accounting – Accounts Payables, Accounts Receivables, Cash and Bank, reconciliation and compliance with Audit process of PwC and earlier with KPMG.

Group responsibilities :

Weekly / Monthly and Annual internal Management reporting and provide insights on business with commentaries from operating departments to Group

Improve operations and make a change to bottom line growth through finance management, cost reduction initiatives

Point person for Working Capital management in Group for Inventories, Accounts receivable and maintain Budget Working Capital % to revenue ratio

Responsible for managing ERP system – JDE and report Profit, Revenue and expenses and explains variances to Board in India and CEO and to Group

Budgets, Forecasts, Capital and Headcount, Capital budgeting, evaluation – Commercial and Financial : Approval, Plan, Execution and Post compliance and returns calculations.

Interface with Regional and Corporate Finance on Financial reporting, IFRS and UK GAAP compliance

Implement financial procedures and controls.

Key achievements:

Co-ordinate with Group and Local management and set up of Export Oriented Unit Global R &D centre in Bangalore, India

Corporate restructuring to extract cash and demerged and sale of Calcutta facility

Delisted shares and convert Public company to Private company

Strategic Equity shares sale of Enthone Shares

Business strategy to assist CEO and Regional CFO to manage business

Assisted CEO in Country Entry strategy for South Africa and Indian subcontinent in finalizing legalities

IT responsibility as overseeing IT function for Chennai and Bangalore, India facilities

Ability to handle complexity and ambiguity in business operations

Assess Finance structures and skill required to manage function efficiently

Commitment and sense of urgency and all areas of interaction.

Manager – Finance and Accounts – in Tyco Flow control (Keystone India Private Limited) – Year 1999-2000:

Report to Profit centre head and Functionally to Finance Director – Asia Pacif

To systematically maintain books of accounts and financial reporting needs of the company

To co-ordinate with statutory auditors to comply with Yearend accounts closing procedure

Manage working capital effectively

To review, monitor and report the costing and pricing of products

Finance Trainee to Deputy Manager – Finance and Accounts – in Tube Products of India – Unit of Tube Investments of India Limited – flagship company of Murugappa Group with Turnover of more than US $ 2 bn : Year 1991-1999

Joined as Finance Trainee in Year 1991

Confirmed as Junior Accountant in Year 1992

Promoted as Asst Accountant in Year 1993

Promoted as Accounts Executive in Year 1995

Promoted as Deputy Manager in Year 1997

Ensure timely Invoice accounting, Debtors follow up with Marketing for collections

Monthly review of all schedules in financial and marketing accounts

Co-ordinate with departments for finalizing Budgets for 5 years

Monitor product contributions / input cost changes to initiate selling price increase and cost control measures

Costing and Pricing of new products

Co-ordinate with Statutory auditors for finalizing Fixed assets, Depreciation and Gross block schedule

Finalized Cost Audit report for the unit

Compared and analyzed the financial performance of Tubes and Strips SBU’s with that of competitors

Co-ordinate with Unit Finance Head in evaluation of new products

Member of “Anderson consulting team” on Strategic cost reduction project for 4 months

Provided data support and inputs to Mckinsey team on product restructuring exercise.

Industrial Trainee – Accounts in Ennore Foundries Limited for a period of One Year with training in Debtors follow up, reconciliations and Admin work – 1990

Training Attended:

Role of a CFO : Integrating Strategy and Finance – Indian School of business (ISB)

Personal Growth Lab exercise for 1 week

Corporate Training by Tyco in Singapore

Activity Based cost Management Training

Date of Birth : 2nd Feb 1970

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