CA CS CMA Shivalingam Pillai

Chief Financial Officer at SelFin India Financial Services Private Limited
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Contact Information
us****@****om
(386) 825-5501
Location
Mumbai, Maharashtra, India, IN

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Experience

    • India
    • Financial Services
    • 1 - 100 Employee
    • Chief Financial Officer
      • May 2023 - Present

    • India
    • Financial Services
    • 700 & Above Employee
    • Chief Financial Officer
      • Jan 2022 - May 2023

    • India
    • Financial Services
    • 700 & Above Employee
    • General Manager
      • Mar 2004 - Nov 2021

      Preparation of corporate, regional & sector wise budgets, analysis of variances and initiating steps to resolve the variance by communicating these to respective business heads Pioneered the introduction of Profit Centres and Cost Centres to enable better financial control and ensure smooth Income and Balance-Sheet management Initiated and implemented departmental budgeting exercise in the organization Responsible for preparation and monitoring of ALM statement and maintaining strict control on ALM (Liquidity) gaps in the Dynamic Buckets. Ensuring timely preparation & filing of all RBI returns and other compliances, correspondences. Have handled RBI inspection for last 6 years without any adverse comment from the Apex Institution. Ensuring timely preparation & circulation of monthly branch profitability statements of over 1100 branches & other allied MIS, and recording the reasons for deviations and reporting the same to the top management Evaluation of new business proposals and providing reports to top management to help in decision making. Providing critical periodic information to credit rating agencies / banks Streamlining of DSS / MIS processes & minimising duplication Ratio analysis & inter firm comparisons on a quarterly basis to keep track of competition and analyse company’s position vis-à-vis competition Evaluating and implementing standard requirements which can be system driven to ensure quicker delivery. Preparation of adhoc reports & analysis as & when required by the management Professional Achievements: One of the top 15 people in the company to be a part of the prestigious EPDP program of the company Initiated departmental budgeting exercise in the organization Led the decentralization of accounts of the company Show less

    • Retail
    • 300 - 400 Employee
    • Assistant Manager
      • Mar 2002 - Feb 2004

    • India
    • Wholesale Import and Export
    • 1 - 100 Employee
    • Head of Accounting
      • Dec 2000 - Feb 2002

      Functional Title: Executive-Accounts; Accounts & Secretarial Handling the overall accounting function. Keeping a check on the fund position and handling communication with the bankers in this regard. Handling excise-related matters pertaining to block transfers, proof of exports and communicating with the excise authorities in this regard. Handling secretarial matters pertaining to share transfers, board meetings and ensuring compliance with the statutory provisions in this regard. Successfully handled the buy-back of equity shares of the company independently Show less

    • Audit Manager
      • Jul 1998 - Nov 2000

      Facilitated internal audits and prepared detailed reports on findings Recommended changes to management regarding financial operations Analyzed accounting systems for efficiency and effectiveness Collected and reported monthly expense variances and explanations Prepared working papers, reports and supporting documentation for audit findings Facilitated internal audits and prepared detailed reports on findings Recommended changes to management regarding financial operations Analyzed accounting systems for efficiency and effectiveness Collected and reported monthly expense variances and explanations Prepared working papers, reports and supporting documentation for audit findings

    • Industrial Trainee
      • Jun 1997 - Jun 1998

      Functional Title: Industrial Trainee-Corporate Treasury; Corporate Treasury Accounting for Zonal Collections from Debtors under the Cash Management Scheme of the banks, handling the communication with the Bankers and Zones in this regard. Preparing monthly Bank Reconciliation & Cash Flow Statements. Accounting for the fund transfers made to the zones. Ensuring that the cash credit facilities availed by the company are within the limits by taking down the daily balances; making inter bank fund transfers taking into account interest rate differential and other factors. Checking monthly bank charges/commission statement with agreement with the banks. Accounting for fixed deposits. Clearing of the Branch Bank Transfer Accounts and ensuring that all the deposits from the Zones are properly credited in the Head Office Accounts. Involved in preparing Annual Return of Tax Deducted at Source. Show less

    • India
    • Accounting
    • 500 - 600 Employee
    • Articled student
      • Jun 1995 - May 1997

      Maintained records and files to furnish reliable documentation Reconciled statements to resolve discrepancies Prepared reports and materials to assist with audits Involved in statutory audit, internal audit, tax audit, concurrent audit of listed entities, banks, government companies - MTDC, MAIDC, Forbes Gokak, Adino Telecom, Onward Technologies, SOTC, Bank of Maharashtra Maintained records and files to furnish reliable documentation Reconciled statements to resolve discrepancies Prepared reports and materials to assist with audits Involved in statutory audit, internal audit, tax audit, concurrent audit of listed entities, banks, government companies - MTDC, MAIDC, Forbes Gokak, Adino Telecom, Onward Technologies, SOTC, Bank of Maharashtra

Education

  • The Institute of Chartered Accountants of India
    Chartered Accountant, Accounts, Audit, Taxation, Finance, Management
    1995 - 1999
  • The Institute of Company Secretaries of India
    CS, Corporate Law
    2000 - 2004
  • The Institute of Cost Accountants of India
    CWA, Cost Accounting, Strategic Management
    1994 - 1997
  • Bombay University
    B.Com, Accounting and Finance

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