DINESH HOLANI (MAHESHWARI)

+91-983******* adpo79@r.postjobfree.com www.linkedin.com/in/dinesh-holani-40567923 CFO PARTNER FINANCIAL CONTROLLER BUSINESS FINANCE MANAGER Providing data-driven insights for Business planning, Analysis and Management Decision Making

MBA Finance with Leadership expertise of 18+ years across Finance & Accounts with an ability to provide key financial control and reporting; possess strong expertise in Compliance Management, render business support and support key business decisions and planning with analysis, backed by focus on accuracy and detailing.

Adept at designing/implementing cost reduction strategies leading to reduced annual overheads, cost savings.

Liase with the Country Managers, Cross Functional Departmental Heads and working towards Business plan and organizational objectives, devise effective management processes with special focus on corporate finance and Acctg processes. Compliance to Acctg principles, local statutory and fiscal requirements on financial transactions. CORE COMPETENCIES

CFO Partner, Financial Controller, Business Finance

Finance & Accounts Management, Team Handling

Audits incl Transfer Pricing (IAS, IFRS, US GAAP) Liased & worked with Local Audit team of PWC,

Deloitte & Globally NACN (Singapore), WHC

(Australia)

Statutory Compliance for Indian & Global Entities

Month end Reporting (Individual & Consolidated)

Establishing & Executing SOPs, Policies, Internal Controls, ERP Implementation

Control over Working Capital Management

Qtly reports, Business Plans & presenting the same for Business Review Meetings with Stakeholders

Working Capital Management

Project Costing & Profitability Analysis

Deferred Revenue & Accrued Cost working

Banking (Majorly Liased with Local Management

officials of HSBC and HDFC Banks and Globally with OCBC (Singapore) and NAB (Australia), Treasury

and Cash Flow Management

Budgeting & Forecasting, FP & Analysis, Headcount Analysis, Cost Analysis, Variance Analysis

KEY IMPACTS DELIVERED

AVTEL Services India

- Demonstrated excellence in the implementation of NetSuite (Oracle Cloud-based ERP), and managing chart of accounts and establishing controls, Dashboards etc.

- Established and handled Audits, Annual budgeting process, Internal controls, Policies and Procedures in line with organizational KPIs, MIS reporting, Cash flow management, Quarterly Reports, Business Plans in consultation with Cross Functional Heads and generating reports for Business reviews and meetings.

- Defined inventory valuation and cost-of-sales with proper procurement practices with the team, execution of the physical inventory process and ensuring no excess inventory is withheld affecting the working capital Draeger Medical India Pvt. Ltd.

- Verification and transformation of records during integration of Microsoft Navision ERP to its latest version

- Instrumental in establishing credit policies for customer/dealers (receivables) resulting in YOY increase of collection with reduced receivables and reduction of DSO; Collection increased to INR 210 Cr for YE 2016 against INR 165 for YE 2015, INR 129 Cr for YE 2014; DSO reduced to 112 days for calendar YE 2016 against 135 days for calendar YE 2015, 144 days for calendar YE 2014.

- Accelerated the Working Capital Limit from INR 75 Cr to INR 100 Cr with HSBC Bank - supported with proper documentation, working and supporting SBLC from the parent company (Draeger GmbH).

- SPOC for liaising with bankers concerning fundraising and reducing interest by providing proper data. Mattel Toys India Pvt. Ltd.

- Led to the reduction of selling and General and Administrative (SG&A) expenses by 11% by developing necessary policies and procedures.

CAREER OVERVIEW

GEP Solutions Pvt Ltd (Global leading provider of consulting software and outsourcing solutions for procurement and supply chain – Global Headquarters - Clark, NJ, USA) SENIOR MANAGER FINANCE SINCE AUG 2021

Looking after Group Budgeting & Forecasting, Cost Analysis, Variance Analysis, FP & Analysis

Actively involved in Cash Flow Planning, Process improvements, Preparing reports for Fortnight monthly Management meeting, HR related Metrics gathering around Payroll costs as % of revenue, Billing Rate, Hiring Cost / Hire

Monthly close of books of Accounts and liasoning with almost 7-8 Finance Heads based at Global Entities / locations for reviewing of Entity wise Monthly PnL and Variance analysis for proper financial reporting

Handling Headcount analysis & monthly Payroll analysis and ensuring proper control over Candidate Requisition data and offered data and ensuring effective Budgeting of Payroll numbers for planning and YE expenses review

Any other ad hoc role being provided by the VP Finance wherein it requires collecting operational data / reports in co-ordination with the other department heads

Reporting to : VICE PRESIDENT FINANCE – US (as being a part of the US Corporate Finance Team; based out of Mumbai and working remotely with the Team at US, India, China, UK, Prague) Working Time Zone : 2 pm – 11 pm IST; to be in connect with Team per Global Time Zone (stretched over at times for Calls, Teams Meeting etc with Global Team)

Reason for an early change : Can be discussed over as feel unfair disclosing about Companies unethical / unprofessional corporate approach on face of CV

FREELANCE / CFO PARTNER (Interim CFO, Special Purpose, Full Time CFO services, Management and Business related Services to Clients – Associated with SuperCFO Advisory Services as “CFO Partner”) JUL 2020 – JUL 2021

Engaged into Project based clients with regards to their handling Finance & Accounts related matters in providing : FINANCE FUNCTION LEADERSHIP

Acting as the sounding board to the Promoters / Management in the area of strategic Financial Management

Providing leadership to the existing Finance team of the clients and reviewing / modifying their existing KRAs / KPIs which mirror the adopted mission and core values of the Management and the organization PLANNING AND PERFORMANCE MEASUREMENT / ENHANCEMENT

Review/Develop Company’s Budgets / Business plans and report on Variance analysis to the Management, Overlooking the current MIS process and its reporting and if required Implementing of a high-quality MIS including graphical management dashboards, to provide on-time, regular and accurate data (for both Finance and Operations), to provide more visibility into business performance metrics (not just accounting data) for review of business performance by the management team. This would involve reviewing existing and instituting a more robust month end closing process & Deliver monthly financial statements

Conduct profitability analysis and calculate profits and return on capital employed by Centre/SBUs. Review existing costing systems/ methodology, suggest ways and means of improving this by working together with the different Business Heads, analyze and generate Product Level/ SBU profitability on a periodic basis

Review the current basis of allocation of common costs to Individual SBUs/ Geographies and recommend suitable cost allocations policy, including defining cost drivers for various central functions WORKING CAPITAL AND CASH FLOW MANAGEMENT

Devise ways and means of tracking cash flow and creating a monthly and 3 month cash flow forecast

Working capital management including supervising Banking operations, Identify key elements of working capital and their functioning, Looking after Receivables, Payables and Inventory management

Develop and implement a mechanism for DSO Improvement so as to ensure a healthy cash flow RISKS and CONTROL

Review existing Internal controls and suggest ways and means of improving this to ensure no revenue leakage

Recommendation to design and implement a process to monitor expenses and update delegation instruments, electronic authorization matrices, validation and authentication processes and strengthening internal controls IT ENABLEMENT and PROCESS IMPROVEMENTS

Evaluate IT systems; suggest possible implementations and improvements to enable/automate the processes to ensure management gets better visibility into business operations and reduce manual work, Develop SOPs and processes (Finance as well as Cross Functional), Building up Dashboards, Timesheet Template, Pricing Calculator, Revenue and Business Planning, Analysis and ways for better Profit Margin and control over their working capital STATUTORY COMPLIANCES

Overseeing the statutory compliances and develop a Compliance tracker and a dashboard BRAHMAPUTRA BIOCHEM PRIVATE LIMITED (Manufacturers & Supplier of Rectified Spirit Chemical (for Alcohol Industry) CHIEF FINANCIAL OFFICER (CFO) MAY 2019 – AUG 2019

Joined this Group, a privately held Company managed by 2 Brothers and their 3 Sons. Although being a Private Company, took up this opportunity as found the position and opportunity good with regards to career growth as they had different verticals of Business (Manufacturer of Rectified Spirit Chemical for Alcohol Industry, Mining and Marble Business, Hotel Industry, Dairy Products)

Steered efforts towards systemizing the process of MIS, Budgeting, Cash flow, Sales plan, etc. working with the team based out of Mumbai office, Guwahati Office and the Cross Functional Operational Heads at Plant

Oversaw all financial matters and created financial plans as defined by the senior management and CEO.

Orchestrated the direction of financing strategies, analysis, forecasting and budget management.

Spearheaded all aspects of Accounting operations such as payables and receivables, payroll, financial reporting, etc.

Reported to : Promoters and handled a team of 9 Managers based out of Mumbai and Guwahati Office AVTEL Services India (leaders in Integrated Electronic Security Solutions, Access Control Systems & CCTV Cameras) FINANCIAL CONTROLLER APAC (INDIA, SINGAPORE, AUSTRALIA, JAPAN, KOREA) Jan 2017 – Apr 2019

Accountable for entire Finance and Accounts of 5 region (India, Singapore, Australia, Japan and Korea). Handled Audits (Statutory as well as Transfer Pricing) with the Local auditors as well as Global Auditors (NACN @ Singapore and WHC @ Australia)

Worked upon and implemented measures for tracking financial/non-financial indicators to support decision- making for the business and creating business plans.

Efficiently handled the monthly book closures and MIS reporting (by 7th working day of the following month) and discussing the same with Functional Heads and Country Managers backed with proper analysis for business planning and business review meetings with Promoters and Stake holders

Excelled in the preparation of budgets and Business forecasts by coordinating with Functional Heads and consolidating the current and previous financials.

Held accountability for cash flow management, banking and treasury operations, compliance for entire 5 region

Identifying methods of cost control, revenue generation, project costing, profitability analysis, deferred revenue analysis and accrued cost for ongoing projects.

Effectively handled the stock inventory valuation to prevent excessive stock withholding working capital.

Ensured proper control over the chart of accounts so that error-free financials and reporting is adhered to

Led a team of 8 Executives / Asst. Managers and reported to the Group CFO based out of Singapore office with dotted line reporting to Promoters based out of Japan and UK DRAEGER MEDICAL INDIA (100% subsidiary of Draeger GmbH, Germany, Manufacturers of Medical Equipment) MANAGER FINANCE, RECEIVABLES & CREDIT CONTROL OCT 2012 – JAN 2017

Entrusted and responsible for closing monthly book of accounts and report the monthly MIS to Germany by highlighting the variances and analyzing the actual and budgeted figures.

Handled Audits incl Transfer Pricing (Calendar year for Germany reporting and Financial year for Indian Entity), Liasoning with PWC Auditors (Statutory & Internal), AR and AP control, Liaise with Sales and Service Head across India for analyzing Business Plan & Budget. Monitoring Intercompany transactions, Project wise Costing

SPOC for Banking and Treasury operations and ensuring proper utilization of fund/non-fund based limits.

Initiated fortnight Telco with the Zonal Manager/s concerning receivables, collection plan and periodic visits to zonal offices and customers to analyze issues on receivables.

Instrumental in drafting SOP’s and credit policies for Debtors, defining credit limits for customers/dealers

Cash flow and Fund flow management along with DSO and DIH analysis.

Spearheaded a team of 7 and reported to the Country Head – Finance in India REAL ESTATE BUSINESS

SELF-ENTREPRENEURSHIP APR 2010 – OCT 2012

Met potential investors and clients. Supervised all activities which include marketing, distribution and sales Early career:

ASST MANAGER FINANCE ASK Group (PMS, Wealth Advisors, Real Estate, Insurance Broking) Dec 2004 – Dec 2007 FINANCE EXECUTIVE Mattel Toys India Pvt. Ltd. (US MNC into Barbie Dolls, Hot Wheel Cars) Dec 2004 – Dec 2007 ACCOUNTS OFFICER Glory Polyfilms (Manufacturers of Plastic Films for Packaging) Jun 2000 – Dec 2004 ACCOUNTS ASSISTANT Toshniwal Exports Ltd (Chemical Business) Jun 1996 – Jun 2000 EDUCATION

MBA – Finance Institute of Business Management Studies (IBMS) 2008 1st Grade Diploma in Financial Management (DFM) All India Council for Management Studies (AICMS) 2000 1st Grade B.Com Mumbai University 1996 1st Grade

PERSONAL DETAILS

Date of Birth: 25th May 1976 ; Languages: English, Hindi & Marwari (Mother Tongue) Communication: C-906, Orchid Suburbia CHS Ltd, Link Road, Kandivali (West), Mumbai – 400 067 IT SKILLS

GEP Solutions Pvt Ltd & AVTEL Service India – Oracle Netsuite (Cloud based ERP) Draeger Medical India Pvt Ltd : Microsoft ERP NAVISION 2013 R2 Mattel Toys India : ISIS & CODA (ERP Accounting Package) and Hyperion (Financial Reporting Package) Certification : SAP “FICO” (Finance & Controlling) Module from GEIS, Mumbai Proficient in : PowerPoint Presentation, MS Office (Word + Excel), Pivot Table, V-Look ups

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