Abhijit Kulkarni

I am a finance professional with proven skills in leadership, fund raising, business strategy and M & A. With academic certifications of CPA from US and CA from India, I bring in negotiation and key commercial skills to drive stakeholder relations and achieve the mission of the company

Country CFO (Aug 2018 till Ongoing)

Indorama Ventures Portugal

• Led a team of 5 financial professionals operating Budgeting, Estimation and

Business Analysis for Statutory and Financial Management achieving 700K tons of PTA, €450+ Mn of Revenue

• Reported to global segment head, reviewed and participated in decisionmaking of capital expenditures amounting to € 20+ Mn and projects such as water consumption reduction and energy consumption reduction projects
• Operated working capital optimization through negotiation of credit terms with suppliers and customers reducing it by 64% through supply chain solutions
• Reviewed and closed 15+ commercial agreements worth €200+ Mn for purchases, fundraising bilateral and services agreements
• Managed relationship with 8 banks including HSBC, BNP Paribas, Banco

Santander, BBVA. Managed Relationship with other stakeholders like auditors, lawyers and tax consultants including big 4, Linklaters, MLGTS etc

• Managed business and finance risks across business, forex, physical, cyber,

credit and financial including BI, environmental, criminal liability, third party liability, IT risk, HR related risks ensuring sustainable practices and score

• Negotiated the premium costs on Insurance products with better coverage reducing the costs by €200K+
• Led a team of professionals including CAs, MBAs and engineers for full implementation cycles of treasury module in SAP S4 Hana project for

Multinational Corporation with 80+ sites across the world

AVP Corporate Finance (Nov 11 to Jul 18)

Indorama Ventures PCL Bangkok

• Led and negotiated 50+ commercial fundraising projects worth US$ 7Bn+

for global requirements in 30+ countries to support global organic and inorganic growth of the company

• Operated strategic input on Debt structuring, interest rate fixing, security offerings, currency exposure and leverage conditions which saved US$

2+Mn and secured the exposure risk

• Achieved a potential reduction of millions of dollars of tax outlay through

International tax structuring for smoother dividend flow, cross border WHT on dividends, interest payments and royalties

• Managed relationship with 50+ banks including HSBC, BNP Paribas,

Standard Chartered, Citibank, Bank of America, Scotia Bank, ING etc.

• Managed Relationship with other stakeholders like auditors, lawyers and tax consultants including big 4, Linklaters, Allen and Overy, Lowenstein etc
• Reduced the global working capital by US$ 100+ Mn by selling the receivables on non-recourse basis and extending supply credit terms

CPA (USA) - 2009

Chartered Accountant (India) 2003

Bachelor of Commerce (India) 2002