plastemartjobs.com

Email: jobs@plastemart.com, hr@plastemart.com

Download Date: 5/12/2025 3:53:48 AM

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RefNo: CA - 2650
Gender: Male
Age: 80

Designation: Department Head

Highest Education Level: Post Graduate Diploma

Current Gross Salary: 600000 600000 /Annum 

Expected Gross Salary: 1000000 1000000 /Annum 

Preferred Location: Mumbai or any other

Notice Period: 30 Days

Education Details: 
? Chartered Accountant from ICAI. 1969

? B.Com from H.L. College of Commerce, Gujarat University. 1966	

? Post Qualification Course in Information System Audit ISA) 2006	

? Short Term Course on Profit Planning from IIM, Ahmedabad.

Skill Sets: 
Management, Finance, cost reduction, reducing operating cycle Profit Planning, turnaround management, system implementation & MIS, New Initiatives

Work Experience: 54.3

Work Experience Details: 
Since Jul?93, Working at a leading company., Ahmedabad as Executive Director



Jul?92 to Jun?93 worked with Texlon Nigeria Ltd., Lagos Finance Director



Jul?86 to Jun?92  worked with Ashima Group, Ahmedabad as Financial Controller/Management Advisor



Oct?82 to Jun?86 worked with The Thonburi Textile Mills Ltd., Bangkok as Manager Finance &  Administration



Feb?70 to Sep?82 worked with Lal Bhai Group, Ahmedabad as Manager ? Finance

	

Key Deliverables:

Strategic Financial Planning / New Initiatives

? Heading finance functions involving determining financial objectives, designing & implementing systems, policies & procedures to facilitate internal financial control.

? Formulating need-based business plans / strategies for maximizing profitability & revenue generation & realise organisational goals.



Turnaround Management & BPR Initiatives

? Spearheading Turnaround Management initiatives ? strategic analysis, examining asset performance, evaluating systems and controls and reviewing management structure.

? Exploring profitable opportunities to determine the financial viability of new ventures and reworking the business / finance models to achieve organisational and growth objectives.



Fund Sourcing & Management

? Liaising and negotiating with banks and financial institutions for raising fund and non-fund based facilities at favourable terms to meet working capital and project requirements.

? Monitoring the inflow & outflow of funds and ensure optimum utilisation of available funds towards the accomplishment of organisational goals.



Accounts & Auditing

? Devising and implementing accounting systems & procedures; supervising the timely preparation of statutory books of accounts and finalisation & consolidation of group accounts.

? Conducting internal & statutory audits; evaluating internal control systems / procedures with a view to highlight the shortcomings and implementing necessary recommendations.



Costing

? Establishing strategic cost management systems for determining product prices, monitoring various overheads and achieving maximum cost control in operations.

? Spearheading cost reduction initiatives consolidating tasks, eliminating non-value-added processes & complete re-engineering of processes and systems. 



System Implementation & MIS

? Designing and implementing systems to ensure smooth functioning of finance & accounting operations across the organization.

? Supervising the preparation of MIS reports to provide feedback to top management on financial performance, viz, fund management, risk control, profitability, etc. 



Highlights:

Presently working at leading company, Ahmedabad

? Heading the complete business operations of the company; involved in steering turnaround management, system development and cost cutting projects in the organisation.

? System Development Initiatives:

-System for evaluating & finalizing Mould Designs

-Production Planning & Scheduling System

-Quality Control System

-Incentive System to improve efficiency

-Inventory & Costing System for Moulds

-Systems for evaluating workers? efficiency

-Job Card System to monitor daily progress of individual moulds

? Reduced manufacturing cycle time by two months.

? Reduced rejection and rework rate from 10% to 3%.

? Successfully introduced new technology for designing moulds.



At Texlon Nigeria Ltd., Lagos

? Managed a wide array of functions viz, Accounts, MIS, Working Capital Management, Product Costing and Contribution Analysis.

? Played a significant role in discontinuing production of loss making products.



At Ashima Group, Ahmedabad As Management Advisor (Group Level) 1990 to 1992

? Conducted Internal / Operational Audit of group companies.

? Core member of the Management Committee Meetings (Group Level).

? Set up internal audit systems and compensation policy for group personnel.



As Financial Controller (Gujarat Metal Form Ltd., Ahmedabad) 1986 to 1990

? Independent in-charge of a wide gamut of functions viz, Finance, Accounts, Audit, Costing and Company Law Affairs.

? Drafted a one page report for management giving key data pertaining to finance, production, marketing and personnel functions; also prepared one page Monthly P&L Statement.

? Instrumental role in the computerization of Inventory, Invoicing and Receivables functions.

? Conducted a detailed analysis of product mix and gave recommendations to management for maximising contribution from Special Fasteners.



At The Tho

Future Goals: 
Senior level assignments in Corporate Governance / Finance & Accounts / Management Audit with a high growth oriented organisation.
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