Finance & Accounting Professional

Information about Finance & Accounting Professional

Published on March 3, 2019

Author: SanjayBokadia1

Source: slideshare.net

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1. MR. SANJAY BOKADIA Mobile: +91 9867374066 | Email: [email protected] | LinkedIn: https://goo.gl/ZkJR6P #SaveTheTreesAndSaveTheEarth CHARTERED ACCOUNTANT | 20 YEARS OF EXPERIENCE | MFG & SERVICE SECTOR - US$ 50 MN TO 6 BN Cross culture leader with demonstrated capabilities in redesigning, streamlining and transforming finance organizations to best in class standard. Expertise in financial controls and decision support, consolidation and reporting, quarterly and annual audit, systems, processes and policies, cash flow and working capital management, financial planning and analysis, MIS and Board reporting, credit controls and risk management Delivered complex and high value projects, primarily in the areas of INDAS, IFRS, USGAAP, SOX/404, M&A integration, cost controls, process optimisation, contracts negotiation, due diligence, global shared services, etc. Worked with BIG4 (Deloitte-Tata Comm & Vodafone, PwC-Hutch, E&Y-Fortis, KPMG/GT-Fortis tax & internal audit) In-depth experience in leading finance transformation projects to improve operational efficiencies, process effectiveness & optimum resource utilisation. Demonstrated track record of providing financial insights/analytics for identifying new business opportunities and restructuring businesses for enabling decision support to stakeholders CORE QUALIFICATIONS INDUSTRY EXPERIENCE (MANUFACTURING, SERVICES & REAL ESTATE) Metals | Hospital & Healthcare | Real Estate & Engineering | Telecommunication | Pharmaceutical | Paper Boards EDUCATION  Chartered Accountant: Institute of Chartered Accountants of India (ICAI), New Delhi, India 1991-1994  Bachelor of Commerce (65%): Mohan Lal Sukhadia University, Udaipur, Rajasthan, India 1988-1991  Higher Secondary (74%) & Secondary (67%): Board of Secondary Education, Ajmer, Rajasthan India 1987-1988 IT/ERP SKILLS  Experience in working on SAP, Oracle, Hyperion, MS Navision, HIMS, Tally and MS Office (Excel & Power Point)  Implemented and strengthened ERP & BI systems-Hyperion and MS Navision. Integrated Oracle & HIMS modules CAREER CONTOUR DPR Capital Advisors Pvt. Ltd., Investment Management & Financial Advisory firm, offering services in the areas of debt & equity fund raising and investment management and CFOCX Advisors (a division of DPR Capital) offering tax and regulatory services, audit and assurance, risk management, internal audit and strategic business consulting Engaged and served 15+ clients across Non Ferrous Metals, IT/Technology, Food & Beverages, Engineering/ Industrial Products, Agro Commodity, Handicrafts, Marbles, Import/Export, eCommerce & Broking, etc. Selected Accomplishments:  Developed tax efficient operating business model covering USA, LATAM and Caribbean countries for an IT MNC. Delivered 15+ tax opinion and detailed research note on domestic and international tax matters  Delivered ~US$ 1 Million cost savings for 2 clients. Developed risk based internal audit plans and implemented risk and compliance framework for India’s leading manufacturer of industrial valves  Delivered multiple projects in audit & assurance, process audit, development of project reports, business plans, financial modeling, revenue/pricing strategy, budgeting, forecasting & development of internal controls and SOPs Indigo Metalloys Pvt. Ltd.: ISO 9001:2008 certified & Daikin approved manufacturer of copper & copper alloys products-tubes, pipes, fittings, billets, etc. with installed capacity of 12K MTPA, providing metallurgical solutions to Air Conditioning and Refrigeration, Heat Exchanger, Medical Gases, Oil & Gas and Ship Building Sectors  A key member of the senior management team and reported to the MD. Directed a team of 10 in finance, accounting, treasury, banking, tax, compliance, costing, management reporting, legal and secretarial  Led strategic planning & execution, corporate development, cash management, budgeting, forecasting, P&L management, risk management, contract negotiations and vendors and stakeholder relations DIRECTOR & CHIEF FINANCIAL OFFICER, MUMBAI JULY, 2017-PRESENT CHIEF FINANCIAL OFFICER, MUMBAI JAN 2013-JUNE 2017  Accounting, Reporting & Audit  Controllership & Decision Support  INDAS, IFRS, USGAAP, SOX/ICOFR  Systems, Processes & Policies  Treasury, Banking & Investment  Operational Efficiencies/Excellence  Cost & Process Improvements  Governance and Risk Management  Financial Planning and Analysis  MIS, Budgeting and Forecasting  Tax & Statutory Compliance  Cost Accounting and Reporting

2. MR. SANJAY BOKADIA Mobile: +91 9867374066 | Email: [email protected] | LinkedIn: https://goo.gl/ZkJR6P #SaveTheTreesAndSaveTheEarth  Developed revenue and pricing models, performed competitive benchmarking, developed business forecast, formulated strategies to enhance revenue, cost competitiveness & profitability improvements  Developed long range business plans, translated strategies into action plans, developed business intelligence and analytics for high business visibility to drive value creation and business performance  Led cost and value engineering projects, product diversification, job work & contract manufacturing, exploring new markets, capacity expansion, distribution collaboration and labour outsourcing, etc. Selected Accomplishments:  Delivered annual cost saving of ~US$ 2 Million. Negotiated debt restructuring of US$ 10 Million with PSU bank  Achieved MIS and financial reporting time to 3 days from 7 days with 100% accuracy of the reported numbers  Reduced DSO to 50 days (65 days), inventory holding to 18 days (25 days) and Bad debts to 0.8 % (FY13: 1.4%)  Restructured finance, accounting & commercial functions-increased efficiency-15% reduction in department cost  Implemented activity based cost accounting systems for melting, extrusion, drawing, finishing and packaging Fortis Healthcare Ltd (Listed), India’s leading healthcare service provider with 43 multi and super speciality hospitals with approximately 9,000 beds (installed capacity) and 392 diagnostic centres. I was responsible for all healthcare facilities in Mumbai, Bangalore, Chennai and Kolkata, including 10 hospitals acquired from Wockhardt Hospitals  A key member of the senior management team and reported to the CEO. Directed a team of 15 in finance, accounting, treasury and banking, tax, compliance, management reporting, internal audit, revenue assurance, legal, secretarial, procurement, stores, fixed assets, billing and credit and collection  Led strategic planning and execution, cash management, budgeting, forecasting, P&L management, governance, risk management, contract negotiations, banking, investor, vendor and stakeholder relations  Led strategic projects in M&A, JV, O&M, tax planning, project funding, green field projects, capacity expansion, new specialities, Oracle & HIMS integration and business restructuring and turnaround  Developed long range business plans, translated strategies into action plans and results, develop business intelligence for high business visibility to drive value creation and business performance  Developed revenue and pricing models, competition benchmarking, developed forecasting processes and formulated strategies to enhance revenue, cost optimization and profitability improvements. Negotiated- centralized/SBU procurement, AMC, F&B/cafeteria, housekeeping, security & TPA billings Selected Accomplishments:  Delivered annual cost savings of US$ 3 Million. Turnaround hospitals (EBITDA+) of Seshadripuram, Rajaji Nagar, Nagar Bhavi, Kalyan and S L Raheja (O&M). Reduced DSO by 25 days of CGHS, ECHS and PSU customers  Achieved monthly closing for all 14 hospitals-Revenue on the last day, GL by 1st and MIS by 3rd of month end. Delivered limited review by 7th of the quarter end and annual statutory audit by 15th of the financial year end  Developed MIS systems, including qualitative & quantitative KPIs to measure the financial and operational performance. Maintained 100% accuracy and integrity of monthly MIS with audited numbers across all hospitals  Managed 14 hospitals financial operations with negative working capital for 2 years (CC limit-US$ 8 Million). Controlled US$ 50 Million annual capex expenditure  Developed sub speciality wise monthly EBITDA reports for pricing, margin and cost decision. Led Finance and Accounts shared service project with Infosys for the South, West & East region hospitals  Developed SOP for S&M spend, referral payments, emergency purchases, billing & discount. Instrumental in restructuring billing function, including TPA with tight controls over disallowances Al Fara’a Construction & Engineering Group, engaged in the construction and contracting, real estate development, ready mix concrete, electro mechanical, glass and aluminium, precast and fabrication A key member of the senior management team and reported to the CMD. Led a 25 member team and responsible for the Group finance and commercial operation, strategic/tactical planning, budgeting and forecasting, project management, MIS and board reporting, cost and budget controls and governance and risk management Selected Accomplishments:  Established financial planning & budgeting processes, including using of business analytics/data to set realistic budget targets for all 9 SBUs. Developed 3 years business plan to target 15% YoY revenue growth  Delivered US$ 450K annual cost savings by streamline cost structures, value engineering and outsourcing. Implemented ERM and compliance framework. Developed internal controls, systems, processes and policies CHIEF FINANCIAL OFFICER (WEST, SOUTH & EAST), BANGALORE DEC 2009-JAN 2013 VICE PRESIDENT-GROUP FINANCE & OPERATION, UAE SEPT 2008-AUG 2009

3. MR. SANJAY BOKADIA Mobile: +91 9867374066 | Email: [email protected] | LinkedIn: https://goo.gl/ZkJR6P #SaveTheTreesAndSaveTheEarth Vodafone India Ltd (Listed): India’s leading telecom service provider with presence across 23 circles. Span of control -all India operating circles. Reported to EVP-Corporate Finance and led a 8 member team Responsible for the corporate finance and accounting operation, Group financial controls, consolidation & reporting- IGAAP & IFRS, policies and processes, preparation of USGAAP financial statements (Special Purpose), group/circles statutory audit planning, M&A, PPA, integration, MIS & board reporting, tracking KPIs, business analytics, variance analysis, capex reporting, product/plan pricing review, systems, processes and policies and special corporate projects Selected Accomplishments:  Delivered consolidated group MIS reports by 3rd , HQ reporting by 5th of the month end. audited consolidated IFRS financial statements-LR by 7th of the quarter end and statutory audit by 15th of the financial year end  Delivered 3 years (FY 2002-2003, 2003-2004 & 2004-2005) audited consolidated USGAAP financial statements for Hutchison Essar planned IPO (48+ legal entities-Operating and holding companies)  Developed 20+ technical accounting and reporting research/position papers on IGAAP, IFRS & USGAAP. Monitored capex of ~US$ 50 Million per month for rolling out cell sites/tower across 23 telecom circles Tata Communication Ltd (Listed): The US$ 2.9 billion Tata group company, listed on the BSE, NSE and NYSE. Reported to the VP-Corporate Finance and led a 5 member team Responsible for the corporate finance and accounting operation, financial controls, Group consolidation and reporting-IGAAP & USGAAP, audit planning and coordination, audit issue resolutions, SOX/ICOFR, SEC Compliance-6K & 20F, M&A, DD, PPA, business integration, investor relations, MIS & board reporting, fixed assets maintenance, systems, processes and policies and special corporate projects Selected Accomplishments:  Played lead role in M&A transaction/integration of Tyco & Teleglobe M&A. Led PPA/FV accounting, including recognition and valuation of intangibles, undersea cable network and land & buildings  Delivered consolidated (50+WOS) USGAAP & IGAAP financial statements, including preparation, and filing of 20F with the SEC. Team lead for the planning and implementation of SOX/404 project ACG Worldwide (Associated Capsules Group): World 2nd largest manufacturer/exporter of empty hard gelatin capsules and pharmaceutical machineries. Reported to the CFO and led a 3 member team Responsible for the corporate finance, corporate restructuring, M&A, investment and foreign exchange risk management, corporate planning, budgeting, AOPs, MIS & board reporting, internal audit, management assurance, governance and compliance, general insurance and strategic financial transformation projects Selected Accomplishments:  Implemented corporate restructuring (Merger/Demergers) involving 20+ legal entities. Performed detailed financial due diligence for 3 potential acquisition targets in gelatin capsule manufacturing  Led financial transition projects-Sales Tax-VAT, Deferred Tax-AS 22 and Transfer Pricing. Delivered cost savings of US$ 800K. Managed deferred sales tax prepayment project for 3 group companies Mahadev Paper Corporation: Largest distributors of paperboard products of ITC Bhadrachallam and Century Group, serving customers across packaging, printing, publishing & laminating sectors in Western India. Reported to the CFO and led a 10 member finance and accounting team Responsible for the finance, accounting, commercial, treasury and banking, tax and statutory compliance, strategic planning, management reporting, budgeting, forecasting, risk management, internal audit, billing, credit and collection, general insurance, human resources and financial transformation projects Worked on the statutory and internal audit of Private & Listed Companies and Partnership Firms-Plastic Goods, Textiles, Soapstone, Marbles, Agro Machinery, Hotels, Schools, Public Trust and Trading businesses PERSONAL SNIPPETS Nationality: Indian DOB: Sept 21, 1972 Marital Status: Married Language: English & Hindi Relocation: Open Notice Period: 45-60 Days HEAD (DGM)-CORPORATE FINANCE & ACCOUNTS, MUMBAI JULY 2006-AUG 2008 MANAGER-CORPORATE FINANCE & ACCOUNTS, MUMBAI SEPT 2002-MAY 2005 MANAGER-FINANCE & ACCOUNTS-MUMBAI JAN 1995-SEPT 2002 SR. MANAGER-CORPORATE FINANCE & ACCOUNTS, MUMBAI MAY 2005-JULY 2006 AUDIT/ARTICLE CLERK SAMPATI LAL BOHRA & CO, CA-UDAIPUR OCT 1991-SEPT 1994

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