• Gender: Male
• Age: 80
• Designation: Department Head
• Highest Education Level: Post Graduate Diploma
• Current Gross Salary: INR  600000 /Annum
• Expected Gross Salary: INR  1000000 /Annum
• Preferred Country: India
• Notice Period: 30  Days
• Preferred Location: Mumbai or any other
• Work Experience: 54.3 Year(s)

Education

ó Chartered Accountant from ICAI. 1969
ó B.Com from H.L. College of Commerce, Gujarat University. 1966
ó Post Qualification Course in Information System Audit ISA) 2006
ó 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

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
ó Heading finance functions involving determining financial objectives, designing & implementing systems, policies & procedures to facilitate internal financial control.
ó Formulating need-based business plans / strategies for maximizing profitability & revenue generation & realise organisational goals.

Turnaround Management & BPR Initiatives
ó Spearheading Turnaround Management initiatives – strategic analysis, examining asset performance, evaluating systems and controls and reviewing management structure.
ó 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
ó 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.
ó Monitoring the inflow & outflow of funds and ensure optimum utilisation of available funds towards the accomplishment of organisational goals.

Accounts & Auditing
ó Devising and implementing accounting systems & procedures; supervising the timely preparation of statutory books of accounts and finalisation & consolidation of group accounts.
ó Conducting internal & statutory audits; evaluating internal control systems / procedures with a view to highlight the shortcomings and implementing necessary recommendations.

Costing
ó Establishing strategic cost management systems for determining product prices, monitoring various overheads and achieving maximum cost control in operations.
ó Spearheading cost reduction initiatives consolidating tasks, eliminating non-value-added processes & complete re-engineering of processes and systems.

System Implementation & MIS
ó Designing and implementing systems to ensure smooth functioning of finance & accounting operations across the organization.
ó 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
ó Heading the complete business operations of the company; involved in steering turnaround management, system development and cost cutting projects in the organisation.
ó 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
ó Reduced manufacturing cycle time by two months.
ó Reduced rejection and rework rate from 10% to 3%.
ó Successfully introduced new technology for designing moulds.

At Texlon Nigeria Ltd., Lagos
ó Managed a wide array of functions viz, Accounts, MIS, Working Capital Management, Product Costing and Contribution Analysis.
ó Played a significant role in discontinuing production of loss making products.

At Ashima Group, Ahmedabad As Management Advisor (Group Level) 1990 to 1992
ó Conducted Internal / Operational Audit of group companies.
ó Core member of the Management Committee Meetings (Group Level).
ó Set up internal audit systems and compensation policy for group personnel.

As Financial Controller (Gujarat Metal Form Ltd., Ahmedabad) 1986 to 1990
ó Independent in-charge of a wide gamut of functions viz, Finance, Accounts, Audit, Costing and Company Law Affairs.
ó 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.
ó Instrumental role in the computerization of Inventory, Invoicing and Receivables functions.
ó 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.