Central Power Chief Electrical

Arvind Dave

Phone: +91-799*******, 91-982******* E-mail: **************@*****.***.

Summary

A creative, resourceful and highly inquisitive administrator with leadership charisma, sense of responsibility and good interpersonal skills garnered over more than 30 years’ experience in the area of Accounts &Finance, Tax compliance work direct and Indirect Commercial activity related to Sales & Marketing in Steel Power & cement business of Jindal Steel & Power ltd Raigarh & IPP 3400 Mw at Jindal Power Ltd Tamnar Other Industries operating in state of Chhattisgarh.

Specialization skill and Knoweldge :

Account & finance function, Cash & Banking management work L/C & B/G opening, Account Receivable Credit control in Steel Power & Cement business, Account Payable -Vendor control Management deal with Commercial and Tax laws matters Strong Communication and presentation skills, Analytical approach on solving technical and commercial matter, Negotiation skills .Time Management, Business knowledge in respect of Steel Power and Cement business, Good Team Leader ability to control the large team in F &, Commercial department as worked in JSPL Raigarh & Tamnar. Capacity to make quick and rational decision for best for business for increasing operational efficiency, Very Good Motivator to lead the large team in F & A Dept . having a knowledge in Regulatory Affair of Electricity sector, deal with State Regulator and other Agency for power business in JSPL and JPL.

Academic Qualifications

MBA from UPSE, Dehradun. Jan’2018 to March’2021

P.G. Diploma in Financial Management, Annamalai University, 2010

Bachelor of Commerce, University of Calcutta, 1988. Professional Experience working as Independent Financial Consultant for Small and Medium enterprises operating in the State . Since April’2018.

(a) Operational management head for Accounts and finance work sourced by the me from small and medium enterprises in cost effective manner . low cost prefect timely completion work .

(b) New assignments for BPO service like Accounting, Taxation, Legal & Investment advisory & others

(c) Accomplishes BPO’s human resource objectives by recruiting selecting, orienting training, coaching counseling and discipline employees administering scheduling systems, communicating job, expectation planning monitoring appraising and reviewing job contributions, planning and reviewing compensations actions enforcing policies and procedures.

(d) Team Handing & Staff Management for 100 New Members for different field C.A ICWAI, LAW Graduate, BE computer Engg, B.com M.com PGDCA.

(e) Determines call cost benefit analysis identifying and evaluating state of art technologies, defining user requirements establishing technical specification and productions, productivity quality and customer service standards.

(f) To provide Complete Accounting work in Small and Medium Enterprise Any other work related to company‘s vision and requirements will be assigned and reviewed for indeed modification. Dy. General Manager, Jindal Steel & Power Ltd.Jan’2016 to April’2018. Finance & Accounts department - Power Control section.

Analysis of Daily M.I.S Report based on Daily Schedule for Sale of power to LTA, MTOA and STOA

Analysis of Daily Cost Sheet based on daily schedule generation and actual generation and raw material consumption Coal .Monitoring control daily India Exchange price Vs Generation of State & Central Power plant NTPC.

To Drive for Preparation of Annual Budget through department HOD .

Analysis of Acutal Expenditure Vs Approved Budgeted Amount.

Monitoring the power supply to Long and Medium term PPA with TNEB 400 MW, KSEB.

Calculation fixed &variable charges and incentive as per terms of PPA and calculation of Availability factor % on daily basis for calculation of Declare Capacity of Power Plant .

Monitor and control the supply from plant as per PPA’s terms and condition based on availability of power generation and scheduling.

To attend the Daily production planning &control meeting –decision making for next date generation plan and to review the schedule of power on the basis of market demand supply position, coal stock position under fuel supply agreement / availability through auction / spot auction.

Prepare the monthly return in G- FORM submit to C.E.I office Raipur and arrange for payment of Electricity Duty on Monthly basis.

Prepare the Monthly Summary based on Sale to various consumers.

Daily monitoring of generation export to the grid as per Availability Based Tariff.

Daily Preparation of IPP generation and schedule report for nearbyIPP generators in order track the power Supply Vs Demand Forecast for next days.

Liaison with Chief Electrical Inspector, Energy department, Chhattisgarh

Preparation of Power reconciliation statement as per data Regional Energy Accounts of Western Region Power Committee.

Reconciliation of Regional Transmission Account – Long term Open Access / Medium Term Open Access

Calculation POC charges and losses based on injection schedule and based on CERC order on quarterly basis and share the details with daily MIS report for EBIDTA.

Preparation on daily basis generation of nearby IPP plant to know the demand supply of western grid also forecast next day requirement of power at exchange with rate.

Preparation of data and documents for filing Tariff petition with SERC on yearly basis i.e. Generation tariff for sale of 5% obligatory power to Chhattisgarh State power trading co ltd for IPP of 4x600 Mw.

Liaising with Internal and External Auditors for Power Trading and Sales activity. Certificate required to submit to various government agencies in respect of utilization of FSA Coal, Yearly certificate for power supplied to state distribution company as per PPA T & C.

Analysis of Monthly M.I.S Report Based on Actual vs Budgeted to presentation monthly meeting .

Assisting Internal and Statutory auditor with required information and quarries & Preparing notes to the accounts, management report & Tax Audit report Asst. General Manager, Jindal Steel & Power Ltd. (F & A) April’2014 to Dec’2015 Commercial Function at JSPL various plant Raigarh ;

Checking and Approval of Sale order with our Approved Price list on Daily Basis.

Approval of Credit limit to Individual Customer as per their Security Deposit and PDC.as per DOFP and Credit Limit .

Worked with Steel Marketing Finance team in respect of Credit and other Policy to implement in Cement Units at Raigarh .

Preparation of Monthly price list – Area wise .

Issue a letter to customer for pending C FORM. Thus lead to clearance of C for worth Rs 60 cr in record time of Six Month from April ;2015 to Sept’’2015.

Preparation Monthly ageing Report and follow up with Individual Marketing In-charge .

Negotiation with Transporter for freight on weekly basis based on requirement of cement in area wise.

Assisting Internal and Statutory auditor with required information and quarries & Preparing notes to the accounts, management report & Tax Audit report .

Attend daily Meeting with Marketing and Sales Team .

To follow up for pending overdue with Sales team as well as direct customer / Internal Group company

.

Additional work as for power business Asst. General Manager, Jindal Steel & Power Ltd. (F & A) Jan’2004 to March’2014

Management of 893 MW Captive power plants:

Instrumental in award of captive status to the generation units in the steel plant to avail tax benefits by saving electricity duty on captive use of power

Daily monitoring of generation, captive consumption in the steel plant and export to the grid as per Availability Based Tariff.

Managing billing for power sold to Chhattisgarh State Power Distribution Company Limited though activities such as calculation of weekly plant load factor, delay payment surcharge, etc.

Preparation of business plan in respect of captive power generation and sale of power through power exchange.

Dealing with the matters related to electricity duty payable on sale of power and consumption of power in residential colony, steel plant and coal mines.

Preparation of Data for Segregation of accounts for power transmission and distribution business from integrated Books of Accounts of JSPL .

Prepared Balance Sheet & Profit & Loss of account for Separate Profit Centre of Power Transmission and Distribution business, Allocation of Expenses on monthly basis and transfer to new code .

Checking of Debtors, Vendor and General ledger on weekly basis for proper accounting in the books.

Filing of All Return as per State Regulation for Electricity department on Monthly basis.

Checking of Calculation of Energy data in respect of Generation,Consumption and Sales to Utility & Deposit of Electricity Duty .

Management of regulatory affairs at the licensed distribution and transmission businesses of JSPL:(Transmission licence w.e.f 2002 and Distributiono for Punjipatra industrial area w.e.f Mar 2004

Preparation of regulatory filings for approval of Annual Revenue Requirement for the licensed transmission and distribution business.

Preparation of financial statements in respect of the licensed transmission and distribution businesses.

Represent Jindal Steel & Power Limited to the State Electricity Regulatory Commission.

Member of the consumer grievance redressal forum in JSPL-Distribution licensee.

Consultations with Sr. Advocate on issues related to sale of power to the state grid and in OPJIP other issue related to power business.

Presently working on Renewable purchase for captive power plant as well as distribution licensee area.

To attend hearing for all the matter related to power at State Commission, Raipur and Hon’ble High Court, bilaspur

Control and monitor sale of power in OPJIP industrial park including recovery of payment due.

To submit various data to State Government, Central Electricity authority, Central State Electricity Regulatory commission.

Prime Responsibilities in F & A Since November ‘1990 to Dec’2015

Cash & Banking affair including bill discounting, issue of letter of credit, bank guarantees, etc.

Management of working Cash credit limits Fund and Non fund based limit e,g L/C, B.G

Preparation of Cash flow statement on daily basis

Control of major debtors, including sister and group companies and follow up for payments

Control of Project payment in respect Actual Vs Budgeted

Preparation of Balance sheet including details i.e. Notes to Accounts, Detail related to Director Report .

Employee related payment monitoring and control including loan advance to employee.

Control of Expenses related to Expense related to Employee, T.A Expenses project general Expenses.

Preparation and Control the ESOP, 2008, 2009& 2010 of JSPL.

Monitoring and Control of Cement Sales Order and Collection of Debtors account May’2014 to Dec’2015.

To Issue Letter to customer for pending C FORM in case of Inter State Sales from May’2104 to Dec’2015. Accountant,Nepha Steels Ltd. August 1988 to March 1990 Handled various works related to finance and accounts, Sales & Marketing department such as preparation of daily cash flow for management and customer related accounting, sale billing, collection of payment from customer .

Professional Achievements

Successful implementation of integrated system of SAP ERP package at JSPL in the year 2002 .

Attend Training Program Available Based Tariff Jan’2005 at Staff Engineering College, Hyderabad.

Attend Training Program for Grid Operation &Scheduling on 10thNOV’2016 At Western Load DispatchCentre,Mumbai.

Ex-Member of JSPL-Distribution Electricity Consumer Grievance Reddressal forum,Raigarh from year 2011 to 2014.

Successful implementation of integrated system of SAP ERP package at JSPL-cement plant –Sales Module of Channel partner in the year 2014-2015.

Successful implementation of in SD module Channel Partner & Discount JSPL, Cement Plant in the year 2015 Personal Information :-

Date of birth: 15th February, 1967

Languages known: English, Hindi and Bengali, Rajashtani Marital status: Married blessed with Son..

Reference : Mr. Sunil Agawal

Head of Finance

Jindal Power Ltd.

Tamnar – 789-***-****

Mr Sheryans Mehta

SManager – Taxation

Aditya Birla Samabalpur

Odisha 707********.

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