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Suhas Deshpande

Suhas Deshpande

Group Chief Financial Officer | Strategic Finance | M&A | Business Transformation | Manufacturing & FMCG

Talent
MumbaiMember since July 28, 2026
FP&ATreasuryCash FlowWorking CapitalEBITDACost OptimizationBusiness TransformationM&ACommercial FinanceERPShared ServicesSAP FI/COBudgetingForecastingLeadershipDigital Transformation
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FP&ATreasuryCash FlowWorking CapitalEBITDA

About

Having progressed through a successful finance leadership journey with Mahindra and built extensive domestic and international experience across manufacturing, FMCG, dairy, agriculture, and global businesses, I aspire to lead enterprise finance as a strategic business partner. I bring broad expertise across Finance, Treasury, Strategy, M&A, Governance, and Digital Transformation to drive profitable growth, business excellence, capital efficiency, and long-term value while building high-performing teams and future-ready organizations.

Experience

Director – Finance | Enterprise Finance & CFO Responsibilities at Schreiber Dynamix Dairies (2022-01 – Present)

  • Lead Finance, Treasury, Taxation, Compliance, FP&A, Commercial Finance, and Governance for one of India's leading dairy manufacturing organizations.
  • Partner with the Board and senior leadership to drive financial strategy, business planning, and profitable growth.
  • Manage fundraising, equity restructuring, M&A, and business integration to support expansion and strengthen capital structure.
  • Improve cash flow, working capital, treasury, receivables, inventory, and funding efficiency across the business.
  • Ensure strong financial controls, statutory compliance, risk management, and accurate financial reporting.
  • Work closely with Operations, Manufacturing, Procurement, Supply Chain, and Commercial teams to improve cost efficiency, EBITDA, and overall business performance.
  • Evaluate CapEx, plant expansion, sustainability, renewable energy, and digital transformation projects to support long-term growth.
  • Build and lead high-performing finance teams, driving accountability, collaboration, and continuous improvement.

Director – Finance | Enterprise Finance & CFO Responsibilities at Schreiber Dynamix Dairies (2022-01 – Present)

Achievements

  • Successfully secured USD 62 Million equity infusion, enabling Schreiber to become a 100% wholly-owned subsidiary.
  • Instrumental in obtaining ₹100+ Crore Government Subsidy, one of the largest strategic financial initiatives undertaken by the organization.
  • Led acquisition of strategic milk procurement assets valued at ₹113 Crore, significantly strengthening backwards integration and supply chain capabilities.
  • Reduced working capital by USD 15 Million, substantially improving liquidity and cash conversion efficiency.
  • Delivered USD 4 Million annual cost optimization through financial discipline, operational improvements, and strategic cost management.
  • Improved EBITDA from approximately USD 15 Million to USD 24 Million through profitability enhancement initiatives.
  • Successfully obtained Board approvals for major CapEx investments, including Cheese Plant, Whey Protein facility, and renewable energy projects.
  • Received the prestigious President's Award for exceptional business and financial leadership.

Regional Finance Controller at Schreiber Dynamix Dairies (2021-01 – 2022-12)

  • Directed regional finance operations across multiple manufacturing facilities while ensuring financial governance, compliance, and business performance.
  • Managed budgeting, forecasting, profitability analysis, customer profitability, pricing strategies, and financial reporting for leading multinational customers.
  • Partnered with operations and commercial teams to improve manufacturing efficiency, customer profitability, and financial discipline.
  • Led government incentive programs and strategic funding initiatives supporting long-term capital investments.

Regional Finance Controller at Schreiber Dynamix Dairies (2021-01 – 2022-12)

Achievements

  • Successfully secured ₹3 Crore government subsidy.
  • Nominated for prestigious Global Leadership Development Program (USA).
  • Recognized for outstanding leadership leading to promotion as CFO.

Business Controller at Mahindra Agri Solutions (2014-01 – 2021-12)

  • Led finance operations across diversified businesses including Seeds, Dairy, Fruit Exports, Organic Foods, Retail Foods, Telecom Ventures, Coffee Retail, and Agri Startups.
  • Partnered with CEOs and Business Heads to establish financial strategies, investment planning, pricing models, and business expansion initiatives.
  • Managed budgeting, forecasting, profitability analysis, working capital, business performance reviews, internal controls, and commercial finance.
  • Evaluated new business opportunities, acquisitions, product diversification, and strategic investments supporting long-term growth.

Business Controller at Mahindra Agri Solutions (2014-01 – 2021-12)

Achievements

  • Managed finance for businesses exceeding ₹300 Crore.
  • Reduced receivable cycle from 180 days to 35 days.
  • Achieved highest 'A' Internal Audit Rating.
  • Received prestigious CFO NEXT100 Award.
  • Successfully supported multiple new business launches including Dairy, Organic Foods, Pulses, Edible Oil, Coffee Lounges, Banana Exports, and Dairy Operations.

Controller of Accounts & Finance at Mahindra USA Inc. (Texas, USA) (2008-01 – 2014-12)

  • Directed finance, accounting, commercial finance, costing, inventory management, treasury, compliance, and manufacturing finance across US operations.
  • Designed financial systems and reporting frameworks for three tractor manufacturing facilities.
  • Partnered with sales, operations, and manufacturing leadership to drive profitability and operational excellence.
  • Managed budgeting, financial reporting, audit compliance, and strategic cost reduction initiatives.

Controller of Accounts & Finance at Mahindra USA Inc. (Texas, USA) (2008-01 – 2014-12)

Achievements

  • Transformed Mahindra USA from a loss-making entity into a profitable business.
  • Increased tractor sales from 6,450 units to over 13,000 units.
  • Delivered USD 3.7 Million cost reduction.
  • Received President's Award for Cost Leadership.

Manager – Accounts & Finance at Mahindra & Mahindra Ltd. (Nagpur Plant) (2004-01 – 2008-12)

  • Successfully implemented SAP FI/CO.
  • Introduced the innovative Red Alert Reporting System for proactive financial monitoring.
  • Strengthened plant financial controls and statutory compliance.

Manager – Accounts & Finance at Mahindra & Mahindra Ltd. (Nagpur Plant) (2004-01 – 2008-12)

Achievements

  • Recipient of the Star of FES Award at Mahindra & Mahindra Ltd. (2008), presented by the President in recognition of outstanding performance and contributions.

Education

PGDBM in Business Management – Bhavan's College of Business Management

Bachelor of Commerce in Commerce – Nagpur University

Chartered Accountant (ICA) in Accounting – Institute of Chartered Accountants of India

Skills

Group Chief Financial OfficerStrategic FinanceM&ABusiness TransformationManufacturing & FMCG

Reviews

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