Vice President – Finance & Commercial - Chiripal Polyfilms Limited
(2024-01)
Leading finance and commercial operations with focus on strategic financial planning, cost optimization, working capital management, and SAP transformation.
- Architected enterprise-wide financial strategies, annual budgets, long-term plans, and rolling forecasts aligned with organizational growth objectives and profitability targets.
- Spearheaded cost reduction initiatives across raw materials, packaging, manufacturing, logistics, and operations, improving unit economics and strengthening overall profitability.
- Optimized cash flow, working capital, banking operations, and fund deployment through data-driven financial controls, ensuring strong liquidity and financial stability.
- Developed robust MIS frameworks, financial dashboards, and consolidated reporting systems to support executive decision-making, margin analysis, and performance monitoring.
- Led implementation and enhancement of SAP modules (FICO, SD, MM, PP), improving financial accuracy, accelerating month-end closures, and reducing forecasting variances.
- Directed statutory/internal audits and ensured 100% compliance with GST, TDS, PF, Customs, Labor Laws, and corporate governance standards while mitigating financial and operational risks.
- Evaluated CAPEX proposals, acquisitions, joint ventures, and investment opportunities while facilitating plant expansion through successful regulatory approvals and land clearances.
- Restructured procurement and inventory management processes for stores, spares, and WIP, improving stock turnover, reducing dead inventory, and unlocking working capital efficiencies.
- Strengthened relationships with regulatory authorities, railway departments, CHAs, and government bodies to secure permits, optimize freight logistics, and streamline import/export operations.
- Mentored high-performing finance and commercial teams, institutionalized SOPs, strengthened approval matrices, and fostered a culture of transparency, accountability, audit readiness, and continuous improvement.
Vice President – Finance & Accounts - Surya Roshni Limited
(2018-02 - 2023-12)
Managed end-to-end finance and accounting operations for a large steel pipe manufacturing unit with focus on financial reporting, cost optimization, and compliance.
- Managed end-to-end finance and accounting operations for a large steel pipe manufacturing unit, ensuring accurate financial reporting and compliance with IFRS and GAAP standards.
- Reduced operational costs by 5% (₹1.25 Cr annual savings) through enhanced financial controls, vendor negotiations, and optimized banking and treasury operations.
- Streamlined direct and indirect tax processes, handled Income Tax/GST assessments and appeals, and ensured seamless statutory compliance with minimal financial exposure.
- Coordinated import/export operations, freight negotiations, insurance portfolio management, and government liaison activities to strengthen operational efficiency and mitigate business risks.
- Utilized ERP and SAP modules (FICO, SD, MM, PP) to automate FP&A processes, improve forecasting accuracy by 22%, and accelerate month-end financial closures.
General Manager – Accounts & Finance - Indian Steel Corporation Ltd.
(2010-09 - 2018-01)
Strengthened accounting, finance, cost control, and internal audit functions, leading finance transformation and commercial operations for steel manufacturing expansion.
- Strengthened Accounts, Finance, Cost Control, Internal Audit, MIS, and Budgeting functions, ensuring 100% compliance, timely financial reporting, and a 15% improvement in operational efficiency and profitability.
- Led long-term financial planning and investment strategies aligned with a 5-year corporate growth roadmap, delivering targeted ROI and supporting sustainable expansion.
- Spearheaded financial and commercial oversight for installation of new 6HI and CGL mills, increasing production capacity of existing units by 35%.
- Managed direct taxation, regulatory representations, customs coordination, freight negotiations, and insurance portfolios, reducing landed costs by 8–10% while ensuring strong compliance and risk mitigation.
- Optimized ERP systems and led implementation of SAP modules (FICO, SD, MM, PP), improving operational integration, financial controls, and enterprise-wide process efficiency.
General Manager – Accounts & Finance - Sangam India Limited
(2007-05 - 2010-08)
Managed treasury, banking, working capital optimization, budgeting, and financial reporting across 12 cost centers.
- Accelerated fund management aligned with cash flow planning, improving liquidity, reducing working capital costs, and strengthening banking relationships to secure enhanced credit facilities and limit extensions.
- Led budgeting and forecasting across 12 cost centers, oversaw quarterly and annual balance sheet finalization, and coordinated with government authorities to secure timely tax and duty refunds.
Senior Manager – Accounts & Finance - Chiripal Industries Ltd.
(2003-07 - 2007-05)
Directed financial reporting and audit management for four business divisions, managed banking relationships, and supported ERP implementation.
- Directed finalization of Balance Sheet and Profit & Loss accounts for four business divisions in coordination with statutory auditors, ensuring accurate financial reporting and regulatory compliance.
- Managed renewal of banking limits and strengthened lender relationships to optimize credit facilities and reduce interest costs, while improving cash flow through DSO reduction and supporting successful ERP implementation.
Finance & Costing Manager - Nirma Limited
(2001-05 - 2003-06)
Managed treasury, working capital, banking, budgeting, and cost control across multiple cost centers.
- Directed fund management aligned with sales targets, optimized liquidity, reduced working capital requirements & managed renewal of banking limits & credit facilities through effective coordination with financial institutions.
- Prepared and monitored monthly/annual budgets across cost centers, conducted product cost estimations, implemented cost-control initiatives, and performed variance analysis to improve profitability and operational margins.
Senior Executive – Accounts - Claris Lifescience Ltd.
(1995-07 - 2001-04)
Supervised general ledger, subsidiary ledgers, and financial control management with focus on audit readiness and compliance excellence.
- Supervised General Ledger, subsidiary ledgers, journal vouchers, debit/credit notes, and bank reconciliations, ensuring accurate accounting records, timely month-end closures, and strong financial governance.
- Conducted detailed account scrutiny and maintained audit-ready documentation, supporting seamless statutory audits with zero major observations while strengthening internal controls and financial integrity.
