
Srijith Ms
CFO Candidate • Head of Finance & Operations | CMA • CIMA (Adv Dip MA) • 20 Years Manufacturing & FMCG Leadership
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About
Growth-focused Finance Leader with 20 years of manufacturing and FMCG leadership driving divisional profitability, margin insulation, and working capital optimization. Leverages dual credentials (CMA & CIMA UK) to steer fiscal discipline, turnaround strategies, and robust compliance under Ind AS/IFRS frameworks. Proven track record in structuring corporate governance for investment readiness via FDD/LDD frameworks and driving enterprise-wide automation across portfolios up to INR 300 Cr.
Experience
AGM Finance (Finance Head – Frozen Foods Division) at Abad Fisheries Pvt. Ltd. (2023-11 – Present)
- P&L Accountability: Commanded full financial and commercial P&L ownership for an INR 300 Cr turnover division spanning a multi-location retail network.
- Executive Team Leadership: Led, mentored, and upskilled a high-performing 21-member core finance and plant accounting team to drive corporate governance.
- Manufacturing Turnaround: Engineered the financial turnaround of loss-making plant units by eliminating subjective variables and establishing robust cost-plus Transfer Pricing models.
- Supply Chain Cost Recovery: Enforced cost accountability across logistics units, recovering transportation overheads at the product/kg level to achieve a structural break-even point.
- Budgetary Governance: Streamlined the annual budgeting by anchoring targets with management expectations and aligning commercial inputs with detailed cash-flow forecasting.
- Credit Line Expansion: Led comprehensive stock audits and CMA data modelling to secure institutional lending, successfully scaling working capital OD facilities from INR 3 Cr to INR 15 Cr.
- Investment Readiness & DD: Partnered with external agencies to spearhead Financial Due Diligence (FDD) and Legal Due Diligence (LDD) frameworks; validated financial metrics to prepare the business for future fundraising initiatives.
- Working Capital Optimization: Released INR 6 Cr in free cash flow by liquidating INR 4 Cr in slow-moving stock, digitizing distributor collections, and staggering bulk purchases.
- Tax Optimization: Deployed systematic Input Tax Credit (ITC) tracking under GST Rule 42 to cut tax reversal losses by INR 8 Lakhs/month; Completed 5 years of GST audits.
- Internal Controls & Risk Mitigation: Mitigated supply chain operational risks across all 28 outlets by deploying daily cash confirmations, dynamic QR protocols, and rigid plant-wide SOPs for waste disposal, damage returns, and purchase planning.
- Compliance & Public Tenders: Secured 4 new virtual GST registrations to expand market footprints cost-effectively and completed GeM registration to qualify the business for high-value government contracts.
- Digital Transformation: Engineered automated stock transfer workflows in SAP, enforced single invoicing, and championed the division's migration from an SQL to SAP HANA database; leveraged Excel Power Query to slash data processing timelines by 60%.
Manager Accounts (Plant Finance Head & Regional Finance Lead – South) at Modern Food Enterprises Pvt. Ltd. (Acquired by Grupo Bimbo in 2021) (2018-08 – 2023-11)
- Scope & Regional Leadership: Directed INR 110 Cr plant operations and selected by corporate leadership to head the interim P&L review and financial oversight for the INR 300 Cr South Regional portfolio.
- B2G Portfolio Governance: Managed financial evaluations, product costing, and contract execution for government tenders, governing a B2G portfolio comprising 5% of plant revenue.
- Receivables & Liquidity Optimization: Slashed accounts receivables by INR 3 Cr by restructuring institutional billing cycles and enforcing strict commercial credit limits.
- Credit Governance & Scheme Evaluation: Directed 3-year Modern Trade account reconciliations, while orchestrating legal recoveries against defaulters; evaluated trade scheme proposals compared with actual benefit.
- Operational Costing Control: Managed costing across national 2P partners, validated operational KPIs/yields, and teamed with R&D to finalize BOMs based on projected MRP.
- Regional Project Governance: Engineered rigorous financial feasibility models and ROI assessments for multiple plant and regional capital expenditure projects valued up to INR 6 Cr to guarantee strategic corporate alignment.
- Tax Litigation & Compliance: Maintained absolute compliance across plant operations; successfully contested tax audit claims to secure definitive rulings in favor of the organization.
- ERP Digital Transformation: Served as Plant Lead for the enterprise-wide transition from AX to D365; validated financial master data to ensure seamless migration and uninterrupted billing.
Sr. Manager – Finance (Finance Head – Export Unit) at Choice Trading Corporation Pvt. Ltd. (2016-03 – 2018-07)
- Export Unit Operations: Managed comprehensive finance, statutory audits, and board reporting for two export units with an aggregate turnover of INR 300 Cr.
- Global Consolidation & Compliance: Partnered with KPMG for first-time consolidation of foreign subsidiaries under Ind AS and IFRS; executed Lease accounting under Ind AS 116 and directed the capitalization of borrowing costs for self-constructed assets under Ind AS 23.
- Credit & Banking Networks: Partnered with consortium banking networks to expand credit limits by INR 30 Cr, resolve complex audit queries, and manage LC, EPC, and PCFC frameworks.
- Forex Risk Management: Monitored forward contracts and forex hedging workflows while ensuring precise reporting of MTM positions.
- ERP Analytics & Executive BI: Collaborated with the inhouse NAV team to spearhead the design of inventory ageing, material yield reports, and forex forward movement dashboards directly utilized by ownership for strategic decision-making.
- Credit Rating & Compliance: Coordinated with credit rating agencies to optimize the corporate credit score and ensured on-time submission of critical FEMA (APR, ODI, and FLA) filings.
Deputy Manager (Finance & Controlling) at Bosch Ltd (2014-07 – 2016-02)
Formulated business plans, corporate controlling and settlement of transfer pricing margins.
Assistant Manager (Costing) at L&T Shipbuilding (2014-06 – 2014-07)
Senior Officer (Finance) at Binani Zinc Ltd (2010-06 – 2014-05)
Managed plant controlling, Budgeting, financial modelling for 300 Cr bank loan and cost audits.
Senior Officer (Controlling) at Bosch Ltd (2007-11 – 2010-06)
Prepared product-wise profitability, SAP FICO cost settlements, and Hyperion (HFM) reporting.
Senior Officer (Costing) at A.V. Thomas & Co. Ltd (2007-04 – 2007-10)
Evaluated internal controls across 4 packaging units and SKU pricing
Accounts Officer at SFO Technologies Pvt. Ltd (2006-05 – 2007-04)
Executed month-end accounting finalization across 5 plants, compiled FFR for banks
Education
CMA – ICMAI, Kolkata (2006)
B.Com – MG University (2002)
Pre-Degree – MG University (1999)
SSLC – Kerala State (1997)
