Ashwani Nanda

CMA (ICWAI), Company Secretary - Intermediate (ICSI), M. Com

Mobile +91-932******* E-Mail: adnn2y@r.postjobfree.com

Current Location: Mumbai, India [www.linkedin.com/in/AshwaniNanda]

Cover Letter

Dear Sir/Madam

Greetings,

Over 25 years rich experience in Global Finance Operations

Experience in India in Reliance, Tata and ONGC and in Middle East in Qatar in GBI Inc.

Deep knowledge in Finance and Industry processes.

Contributed as active Member of Strategic Group supporting to Internal Audit, Audit Committee and Board Meetings.

Very meticulous and most detailed.

Managed SAP ERP Project.

Core finance activities:

Rich Global Finance Operations experience, including shareholder value creation, in wide spectrum of Finance, Accounting, Strategic Planning, Financial Reporting, Project management, Cost Controls, Fund raising, IPO, Risk Management, Cost management, Mergers and acquisitions, Bankruptcy proceedings, Treasury, Financial operations, Pricing, Revenue Assurance, Billing & Collections, Accounts Payable, Taxation, Audit, Compliance, Commercial contracting, turnkey projects and compliances through best practices and benchmarking business processes and controls, creating enterprise value.

Looking forward for senior level finance position.

Sincerely yours,

Ashwani Nanda

Ashwani Nanda

CMA (ICWAI), Company Secretary - Intermediate (ICSI), M.Com

Mobile +91-932******* E-Mail: adnn2y@r.postjobfree.com

Current Location: Mumbai, India [www.linkedin.com/in/AshwaniNanda]

Objective & Profile Summary

Over 25 years’ Global Business Finance Operations experience in strategic leadership role in sectors Oil & Gas, Infrastructure with Indian companies like Reliance, Tata and ONGC and with companies in Middle East like Gulf Bridge, having Global Operations spread overseas, in USA, Europe, UK, Middle East and Asia.

Rich Global Finance Operations experience, including shareholder value creation, in wide spectrum of Finance, Accounting, Strategic Planning, Financial Reporting, Project management, Cost Controls, Fund raising, IPO, Risk Management, Cost management, Mergers and acquisitions, Bankruptcy proceedings, Treasury, Financial operations, Revenue Assurance, Billing & Collections, Accounts Payable, Taxation, Audit, Compliance, Commercial contracting, turnkey projects and compliances through best practices and benchmarking business processes and controls, creating enterprise value.

High Performance in delivering Transformation Project (Finance Processes Business and Integration). Instrumental in SAP & ERP Implementation. Deep knowledge in Finance and Industry processes. Extensive experience in managing Shared Services, Capable of handling large team size of over 50 team members.

Organizational Experience

SN

Company

Location

Designation

Period

Duration Years

1

Global Cloud Xchange Ltd (GCX): A Global Company.

Mumbai Office, (India)

AVP – Finance (Director AP)

2015 onwards

5

2

Gulf Bridge International Inc. (GBI)- Qatar

Corporate Office, Doha (Qatar)

Finance Head

(Finance Director)

2013-2015

2

3

Global Cloud Xchange Ltd, A Reliance Group Co. (GCX):

Corporate Office, Mumbai (India)

VP (Finance)

2002-2013

11

4

Tata Communications (erstwhile VSNL )

Corporate Office, (India)

DGM (Finance)

1992-2002

10

5

Oil & Natural Gas Corporation Ltd. (ONGC)

Corporate Office (India)

Finance Manager

1987-1992

5

Professional Qualifications

• CMA, ICWA from Institute of Cost Accountants of India (ICWAI) - Completed

• CS (Inter) from Institute of Company Secretaries of India (ICSI) -Completed

Experience as Board of Directors

Addition information, pursuing CPA (USA) – US GAAP.

Academic Qualifications

Post-Graduation; (M. Com.) DAV College, Dehradun - 1st Division

Graduation; (B. Com.) DAV College, Dehradun - 1st Division [Secured 3rd Position in the University in B.Com.]

Secured National Scholarship in Xth Standard.

Secured 1st Division through Xth Standard to M.com.

Training & Certifications

Financial Management Program, at Bailbrook College, UK.

Strategic Leadership Development Program at IIM, Bangalore, India.

IT Skills

Proficient with the use of Financial Packages, SAP, ERP.

IBM Certifications: ‘What is Data Science’, ‘Open Source Tools for Data Science’, ‘Data Science Methodology’

Professional Experience

Global Cloud Xchange Ltd (GCX), A Global Company: Turnover ~Rs4000 Cr: Director (Accounts Payable): 2015 onwards

(GCX, a leading global telecom service provider with one of the largest global subsea and terrestrial networks, GCX offers network services which power digital transformation for enterprises, new media providers and telecoms carriers.)

Key Responsibilities

(An exclusive role in Accounts Payable, transformation, leading to change management, system development with excellence & efficiencies)

Accounts Payable:

In charge of Accounts Payable Operations. Managing financial transactions of about USD 200 Mn p.a.

Meticulous in management of cash flows.

Managing process, track, and record payments in an accurate, efficient, and timely manner.

Strengthen and grow relationships with vendors and suppliers

Streamlining and improving the accounts payable process through Automations to drive faster.

Spearheading Financial Controls & Risk Management.

ERP (SAP) Implementation– A Transformation Project:

Project Management; ERP implementation in SAP; most detailed and Professional; collection, processing and delivering relevant, timely and accurate information for strategic, financial and operational business performance.

Process improvements; Internal control, Processes Policies and Procedure (P2P, R2R, OTC)

Initiatives for costs savings & efficiency (Cost to Revenue Matching; Margin Analysis), Optimization of Shared Services.

Risk Mitigation on account of organizational transformation due to Bankruptcy Proceedings.

Transformations of Billing, Collections, Payments, Customer experience processes with economy of scale;

Excellent interpersonal and organizational skills, ability to handle diverse situations and manage multiple projects.

Strong ability to work independently, able to collaborate with cross functional teams; managing competing priorities and absorbing new information to address complex issues

Major Achievements

Extensive performance in achieving digital transformation of manual processes in accounts payable.

Management of Customer Project System (Telco Matching), resulted in costs savings to the tune of appx USD3.0Mn.

Excellent Project Management.

Gulf Bridge International (GBI) Investment of US$ 600Mn, Doha, Qatar. A Qatar Foundation Co: Finance Director (2013 – 2015)

Key Responsibilities

(Responsible to oversee the all financial operations, encompassing Finance, Audit, Accounting, Reporting, financial restructuring, Fund raising, financial controls, M&A activities and support strategic business decisions. Managing operations in Middle East & Europe)

Finance, Accounts (IFRS) & Audit, Strategic plans, Fund raising, Revenue Assurance and Risk Management

Active interaction and support to Audit Committee, to Directors & Board Meeting, for strategic decision

Design and implement Internal control systems, policies & procedures

Establish strategic cost management systems for monitoring various overheads and achieving cost controls.

Negotiations with suppliers, Purchase Orders and settlements.

Compliance to the government rules and regulations - viz. Income Tax, VAT, Company law etc.

Liaising with statutory/internal auditors

Treasury, Banking, Fund Management, Due Diligence.

Major Achievements:

Capitalization of Project of worth US$ 500Mn

Applauded for Accounting System, ERP, Accounting Practices, Planning & MIS system.

Significant costs savings on conversion of credit facilities.

Cost optimizations & resulted in saving over US$ 3.0 Mn.

Global Cloud Xchange Ltd, (GCX) (A Reliance Group Co.): Vice President Finance (2002–2013)

Key Responsibilities: (In several senior roles)

Instrumental in start-up of services in India, USA and UK. Managed setting up financial systems, infrastructure, internal controls, policies, procedures. Extensive experience in Managing Carrier Partners, Settling up Data Centre, Submarine Cable System, Data & Voice services, Landing Party arrangements, Consortium Cable Management, Interconnect, Co-locations, One stop-shop arrangements, Regulatory framework.

Managed strategic planning, monitoring and reporting of performance across the geographies.

Contributed as active Member of Strategic Group supporting to Internal Audit, Audit Committee and Board Meetings.

Pricing strategy, Cost Management & Margin analysis.

Managed Revenue Assurance, Accounts Receivable and Accounts Payable.

Managed Statutory and Regulatory filings in various countries.

Instrumental in Product Pricing, Market Benchmarking, Active negotiations.

Managed initial set up of SAP, Billing and ERP system.

Managed set up Global Data Centre set up in India, USA, UK, Hong Kong and Singapore.

Due diligence, Merger, Acquisition, Transformation, Transition of companies. (Companies acquired in America and United Kingdom. Flag Ltd., Vanco Ltd, Yipes Ltd.)

Major Achievements:

Managed to set up Start-up & Groomed business from zero.

Managed to set up Data Centre in India, USA, UK & Hong Kong

Achieved recovery rate of 99.5%

Recipient of appreciation for outstanding performance and initiatives for cost saving.

Tata Communications Ltd (Erstwhile VSNL): Turnover ~Rs. 7000 Cr. Dy. General Manager (DGM) – Finance 1992 - 2002

Key Responsibilities:

Joined in1992 and worked in several roles as Accounts Officer in Branch Office, Regional Finance Officer and as part of Strategic Management Team in Corporate Office.

Managed Finance, Accounts and Audit (Statutory and Internal Audit)

Member of Strategic Management Team

Regulatory and Statutory Compliances

Member of Global Procurement Team; Managed Procurement of Projects ~ over Rs 500 crores

Actively involved in IPO, GDR & ADR Listings

Managed Procure to Pay, Capital Projects, Payroll Payment, Vendor Payments

Major Achievements:

Effective & efficient implementation of policies and procedures

In-depth understanding of telecom financials with a market leader in the industry

Critical review of Capital Expenditure Projects; saved over Rs 25 crores

Oil and Natural Gas Corporation Ltd (ONGC), Dehradun, India: Finance Manager 1987-1992

(ONGC is the largest crude oil and natural gas Company in India, contributing around 75 per cent to Indian domestic production.)

I begin my carrier with ONGC. During interview I was exclusive selected to join and contribute in Corporate Accounts.

Key Responsibilities:

Ensure preparation and finalization of standalone and consolidated financial statements.

Supporting Pre-Audit, Internal Audit and Statutory Audit (CAG Audit)

Responsible for preparation of documents for accounting policies and procedures.

Key member in Global Tender Committee. (Procurements ~ Rs100 Crores )

Major Achievements:

Considering contribution higher responsibilities were assigned.

Applauded for efficient workings.

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