Amar Chand Malani

Detail-oriented Chartered Accountant with over 30 years of progressive experience across power generation, manufacturing, and professional practice.

Demonstrated expertise in: Financial Accounting, Finalization & Reporting

• Treasury, Banking & Fund Management
• Internal, Statutory & Tax Audit
• Material, Inventory & Asset Management
• Direct & Indirect Taxation (Income Tax, GST, TDS)
• Risk Management & Compliance
• Budgeting, Forecasting & Cost Control
• ERP Systems Implementation & Administration
• Financial Planning & Analysis (FP&A)
• Strategic Planning & Leadership. Results-driven finance leader with a proven record of building robust financial control frameworks, eliminating compliance risk, and delivering measurable cost savings. Trusted by boards and senior management as a strategic partner who transforms complex financial data into actionable business decisions. Adept at leading large, cross-functional teams across multi-site operations in capital-intensive industries — from renewable energy to large-scale manufacturing.

General Manager – Commercial - Suryaa Chamball Power Ltd. - Kota, Rajasthan

(2007-01)

• Spearheaded full-cycle financial governance of Biomass power plant — encompassing corporate & plant accounting, term loan structuring, and working capital optimisation — sustaining uninterrupted plant operations.
• Instituted a zero-deficiency audit framework, coordinating Statutory, Tax, Internal and Stock Audits across multiple CA firms; consistently achieved clean audit opinions and zero regulatory penalties.
• Drove budget discipline by implementing rigorous capital and revenue budgeting cycles with monthly variance analysis, enabling the board to make well-informed, data-backed investment decisions.
• Ensured 100% GST, Income Tax and TDS compliance across all business verticals; proactively tracked regulatory changes and embedded them into ERP workflows before statutory deadlines.
• Renegotiated vendor contracts and optimised inventory levels (raw materials, stores & spares), reducing procurement costs and eliminating stock-out risks critical to uninterrupted power generation.
• Built and managed stakeholder relationships with DISCOMs, Regulatory Commissions, lenders, and government authorities, securing timely approvals, clearances, and audit sign-offs.
• Strengthened financial visibility by designing comprehensive MIS dashboards and cash flow models, giving leadership real-time insight into liquidity and financial health.
• De-risked project entry by conducting rigorous financial due diligence on EPC contracts and project expansion proposals, identifying and mitigating financial exposures before commitment.
• Secured financial close for a greenfield power project, successfully navigating lender negotiations, documentation, and regulatory milestones to advance the project from development stage to execution readiness.
• Evaluated financial viability of EPC contracts and expansion plans through comprehensive due diligence, providing decision-makers with credible financial models to guide investment commitments.
• Delivered project development closure for a renewable energy power project, coordinating across legal, technical, and financial workstreams to meet critical milestones on schedule.
• Liaised with govt. authorities and regulatory bodies during project development stage, facilitating timely approval, clearance, and statutory compliance critical to advancing green field power project.

Deputy General Manager – Finance & Accounts - Birla Textile Mill (Division of Chambal Fertilisers & Chemicals Ltd.) (presently unit of Sutlej Textiles & Industries Limited) - Baddi, H.P.

(2006-01 - 2007-12)

• Overhauled financial controls for a large-scale Textiles & cotton yarn manufacturing unit under a Birla group division, strengthening accounting rigour and ensuring full regulatory compliance from day one.
• Led a multi-audit programme — Statutory, Tax, Internal, and Cost Audits — in close coordination with leading CA firms, achieving clean opinions and reinforcing the credibility of financial statements.
• Restored working capital discipline by redesigning cash flow monitoring processes, eliminating payment backlogs, and ensuring on-time vendor settlements that protected critical supplier relationships.
• Elevated management reporting standards by delivering incisive monthly financial reports and steering quarterly Limited Review compliance, giving the leadership team actionable visibility into performance.
• Supported strategic expansion by executing thorough financial due diligence for cotton yarn manufacturing growth projects, underpinning investment decisions with robust financial analysis.

Chartered Accountant - CA Practice – Audit & Taxation - Mumbai

• Built and managed CA practice over 13 years in Mumbai, delivering high-quality audit, taxation, and strategic advisory services to a portfolio spanning listed and unlisted public limited companies, private firms, trusts, banks, and HNIs.
• Developed deep cross-sector expertise across industries — including Investment & Finance, Export Houses, Pharmaceuticals, Cement, Textiles & Steel— enabling nuanced, industry-specific financial advice.
• Laid a rigorous professional foundation through articleship at Khimji Kunverji & Co., Mumbai, one of India's foremost CA firms, gaining first-hand exposure to complex audit and assurance engagements at scale.

Chartered Accountant - Accounting - The Institute of Chartered Accountants of India (ICAI)

Articleship - Accounting - Khimji Kunverji & Co., Mumbai (presently KKC & Associates LLP.)

Bachelor of Commerce - Commerce - Ajmer University, Rajasthan