Achievement & Awards

Job Profile : Managing accounts & finance function up-to finalization, capitalization, cost control, Inventory & Receivables control, Tax planning, Financial planning, arranging working capital & term loans, preparing CMA data & suitable project reports to arrange Project Finance, international trade finance, FCNR Loans, Company Law Matters, Compliance of IGAP while finalizing Balance sheet, Profit & Loss and other financial statements, discounting of bills & LC's, Procurement Planning, Review and Control of VAT, TDS, Service Tax and Company Income Tax & Directors Income Tax, Budgeting & Costing, Statutory & Internal Audit and Tax Audit for the Company. Co-ordination with banks for sanction of credit limits and documentation. Value Additions of around Rs.15 crores

Job Profile : Overall in-charge of Corporate Accounts & Finance with inclusion of Finalisation of Accounts as per IGAP, Forex and Corporate treasury management, review of financial proposals to advise the board of directors, Budgeting & Costing, review and action on CAG/Statutory/Internal Audit reports, Inventory Controls, Procurement sanctions, Price negotiations, Insurance, Taxation and Corporate Finance concurrence, managing Payrolls, Cash, Bills Receivables and Bills Payables. Received Two appreciations for Income Tax work. value additions of Rs.8 Crs

Job Profile : Preparing audit plan, scrutiny of activities of accounts, commercial, planning, personnel and projects. Setting up accounting system in accordance to IFRS and getting it audit from KPMG as well liaison with KPMG Financial advisory services team at Dubai, project financial planning, Formulation of systems for Cost Control, Purchases, Accounting & Financial Control for the Dubai projects, audit of Group companies, System deficiency report, Compliance of IFRS in finalization of accounts, MIS, management report on implementation of better systems and suggestion to solve problems, Internal review of construction contracts, cost estimates & progress status as well as cost reduction. Value additions of AED-23 Million.

Job Profile : Finalisation of Accounts as per IGAP, Corporate Finance management as well planning and assisting in formulation of policies and procedures by Director Finance as Staff officer during 2001-2003, Variance analysis as per Budgets, risk analysis of new business segment, CAG/Statutory/Internal Audit report replies, Inventory Controls, Procurement sanctions, Price negotiations, Insurance, Taxation, Payrolls management, Cash Office management, Finance Concurrence for Purchase Orders, Bills Receivables, Bills Payables (Inland and Foreign) scrutiny as well payment for bills under LC & direct collection and Material Accounting. I got Three suggestion awards & One Merit Award for implementation of new systems in HAL for Cost Savings of over Rs.12 Crores.

Extra benefit of Rs. 15 crores to Orchid Ind. (P) Ltd.-Mumbai by getting TUFS subsidy for the company and arranging term loans/WC funds at the most economic rates. I Got 0.5% concessional rate charge approval from the Sales Tax Department, which saved and benefited Rs. 800 crore cash outflow to NPCIL in FY 2006-07. Cost savings amounting to AED-23 Million(Equal to Rs. 46 crores) to Gulf Petrochemical Services & Trading LLC-Dubai through cost-efficient systems. Project Tax credit and refund of Income Tax credit amounting to Rs. 8.00 crores to HLL Lifecare Ltd, Trivandrum. Reduction of bills rejected under LC due to discrepancies by Rs. 264 Cr in JSW Steel. Exclusive efforts to get a sanction of Rs. 100 Crore working capital loan for the first time in 30 years of the history of sickness/loss-making, tax refunds of Rs. 52.79 Lacs, introduced day-end auto sweep system in current accounts, which earned interest of Rs. 12 lacs in just 3 months on current account float balances, introduced monthly accounts systems in Brahmaputra Valley Fertilizer Corporation Ltd Prepared a resolution plan for Rs. 175 Crore defaulted bank loans in 2016 and got RP4 rated for Windals Auto Pvt Ltd, which enabled the company to sustain till June 2019. Argued and defended in Bombay High Court without an advocate in an arbitration case of Rs.25Crore default filed by Tata Motors Finance Ltd against Windals Auto Pvt Ltd Defended and resolved cases against Windals Auto Pvt Ltd in NCLT during June 2017 to May 2019. In Elegent Business Solutions Pvt Ltd, provided the best resolution to save Rs. 50 crore for African Industries Group in logistic cost and shipment delays, as well as a change of supplier payment terms from ready for dispatch to against delivery.