Assistant Vice President – Project review, International Operation & Finance & Accounts - Vishwa Samudra Engineering Pvt. Ltd.
(2024-11)
- Driving profitable order booking through strategic bid evaluation, commercial risk governance, and margin-focused deal structuring.
- Ensuring timely revenue recognition by executing milestone billing, monitoring project progress, & securing certification & client approvals.
- Maximizing profitability by optimizing cost-to-complete, strengthening commercial controls, and managing variations & claims.
- Enhancing working-capital efficiency through tighter invoicing cycles, AP/AR discipline, LC/BG planning, & retention release mechanisms.
- Strengthening receivables management by driving proactive collection strategies, streamlining documentation, & accelerating cash conversion.
- Optimizing capital employed by improving asset productivity, monitoring deployment, and executing long-term liquidity planning.
- Developing team capability & performance by mentoring finance & commercial teams, building accountability culture, & fostering leadership excellence.
- Finalizing key vendors and subcontractors through commercial due-diligence, negotiation, and contract structuring to secure cost-competitive and compliant supplier partnerships.
- Establishing end-to-end logistics governance framework, including export documentation, freight planning, customs compliance, and shipment tracking to ensure timely international deliveries.
- Leading logistics negotiations and appointing strategic logistics partners (freight forwarders, customs agents, and shipping partners) to optimize export timelines, freight costs, and service reliability.
- Driving supplier performance management by monitoring SLAs, delivery adherence, pricing efficiency, and dispute resolution mechanisms to protect project margins & operational continuity.
General Manager – Treasury, Finance & Accounts & Commercial - Kalpataru Power Transmission Ltd., Kalpataru Group - Mumbai
(2015-09 - 2024-10)
- Directed FP&A & project finance governance across ~ 40 & more international locations, managing budgets, financial consolidation, & monthly performance reviews.
- Steered annual business planning (P&L, Balance Sheet & Cash Flow) and reported quarterly performance insights to the Board.
- Evaluated project delivery vs. budgets, including Cost-to-Complete (CTC), receivables, advances, BG/LC exposure, retention balances, and statutory compliance.
- Assessed & sanctioned Capex proposals and tracked project-wise capital deployment aligned to approved plans.
- Analyzed multi-currency cashflows, identified FX exposures, and coordinated hedging strategies with the Treasury function.
- Administered DPX submissions and secured PEM approvals for global projects; conducted periodic compliance reviews.
- Engaged with EXIM Bank for NEIA-related and collections compliance; presented quarterly project performance reviews.
- Enhanced credit & collections mechanisms, accelerated receivable recoveries, and strengthened working-capital discipline.
- Strategically governed working-capital credit lines of ₹2,400 Cr+, improving fund efficiency through disciplined CC management, DP governance, and optimized drawdown planning across CP and banking facilities.
- Strengthened banking relationships and negotiated WCD terms to reduce borrowing costs while maintaining liquidity headroom for domestic and international project needs.
- Ensured regulatory compliance by managing FEMA and ODI approvals for overseas subsidiaries, facilitating smooth international fund transfers, and mitigating cross-border financial risks.
- Instituted improved internal controls and reinforced risk-management practices ensuring FCPA, and statutory compliance.
- Collaborated with statutory & internal auditors; resolved observations and implemented governance enhancements.
- Partnered with project, operations, SCM & HR leadership to ensure compliance, financial discipline, and timely reporting.
- Reviewed internal audit reports, identified improvement areas, and executed action plans aligned with senior leadership directives.
Assistant General Manager - Shapoorji Pallonji Group - Mumbai
(2014-03 - 2015-09)
Manager / Senior Manager – Financial Planning & Analysis - Ingersoll Rand International (India) Ltd. & Allegion India Pvt. Ltd. - Mumbai
(2011-05 - 2014-03)
Manager – Finance & Accounts - ACME Tele Power Ltd. - Gurgaon
(2008-02 - 2011-05)
Conferred with Performance Award thrice at ACME Tele Power Ltd.
Manager - Mother Son Sumi Systems Ltd. (MSSL) - Noida
(2006-08 - 2008-01)
Deputed at MSSL (GB) Ltd., UK for 1 year.
Article Assistant - Priya Choudhary & Co.
(2002-07 - 2005-01)