Experience

Verchaska Infotech
• India
• Appliances, Electrical, and Electronics Manufacturing
• 1 - 100 Employee
• CFO

  • 2011 - Present


Automotive Exchange Private Limited (CarWale.com)

• VP Finance

  • Jun 2008 - Oct 2011

   Functioned as a Team Lead for:  Assisting the company to merge with one of the world’s largest publisher, Axel Springer & India Today Group.  Raising funds via VC Funding worth $7 Million as well as raising debts from Venture Debt Fund (INR 35 Million).  Coordinated with Board of Directors and Bankers for creating different metrics, thereby assisting the CEO for liaising with a leading Indian Bank.  Conducted the monthly business performance analysis and introduced necessary actions to ensure achievement of financial commitments.  Spearheaded the Financial Planning Cycles for projections of orders & revenue as well as commercial expenses, entailing quarterly forecasts, annual budgets and long range plans.  Independently administered all financial, legal and regulatory affairs of the company.  Distinction of holding board meetings on the decision taken by Directors for implementation.  Carried out analysis on industry spends, trend analysis, all costs linked to results of ROI and returns (Visitors increased by 45% and cost of acquisition reduced by 50% on a YOY basis).  Minimised the accounts receivable by 85% on YOY basis.  Reduced the cash burn from INR 4.5 Million to 2.5 Million per month on YOY basis.  Successfully involved in the merger of company with Axel Springer $3 Billion company VC's got an upside ranging 2X to 1000 X.  Rationalised the people cost and negotiated with the vendors. Handled annual budget of over $2 Million. Show less



CNBC TV18

• India
• Broadcast Media Production and Distribution
• 700 & Above Employee

• Finance Controller

  • Jul 2007 - Jul 2008

  •Team lead for listing the Company in NASDAQ , finalization of accounts under US GAAP, interaction with domestic and international lawyers, preparation of documents for Five year projections, compilation of data related to Foreign roads shows, interaction with Investment bankers for all data related to the listing procedure and Involvement in the valuation of the parent Company. •Finalisation , preparation and maintenance of Accounts in IGAAP and US GAAP. • Independently handling the working capital requirement of the Company and liasoing with Banks and financial institutions •Independently handling all legal and regulatory affairs of the Company Show less



Reliance Communications

• India
• Telecommunications
• 700 & Above Employee

• Senior Manager Finance

  • Feb 2005 - Aug 2007

  •Finalisation of accounts of Reliance Communications Limited and its subsidiaries •Finalisation , preparation of Revenue and maintenance of Accounts in US GAAP. • Consolidation of Accounts as well as conversion of US GAAP Accounts into Indian GAAP. •Liasioning with auditors, legal and tax consultants as well as with overseas banks for loan. •Adhered to the SEBI clauses post demerger of Reliance Infocomm and listing of Reliance Communications in the stock Exchange, was part of the Corporate Team to liase with Stock Exchange, consultants and auditors for finalization of the listing procedure. •Was part of the Corporate team for getting in USD 1.5 billion as FCCB (Foreign Currency Convertible Bonds) proceeds, had undergone the entire procedure in terms of liasioning with the Investment bankers, lawyers,external consultants and auditors. •Preparation of Tax Audit for Reliance Communications Ltd. & its subsidiaries •Providing Inputs for Annual Budget •Preparation of weekly MIS on Funds Management •Controlling the States/Divisions and reviewing their Trail Balance Show less



The Coca-Cola Company

• United States
• Food and Beverage Services
• 700 & Above Employee

• Assistant Finance Manager

  • Jun 2003 - Feb 2005

  • Assistant Finance Manager in the Chennai Bottling plant looking after entire Finance operation in the plant •Expereince in US GAAP Accounting environment and handling of compliance as required by SOX ( Sarbenes Oxylene), also working of US GAAP accounting into Indian GAAP. •Managing of entire Sales Tax, Central Excise, Entry tax, Monitoring of Working Capital,Inventories of the entire Plant Operation. •Strategic planning in organization of people & team management. •Management of Statutory Audit, Tax Audit & Internal Audit for the unit. •Monitoring & control of Fixed Assets Inventory of the unit, with value being Rs.400 crores. • Finalisation of Accounts as per US GAAP and IGAAP Show less



ITC Limited

• India
• Manufacturing
• 700 & Above Employee

• Finance Superintendent

  • Jun 1996 - Jun 2003

  •Was posted as Finance Superintendent in Cigarette factory ( June 1998 to June 2002) then to Marketing Branch looking after entire Branch operation in Visakhapatnam for Cigarettes & other FMCG products since from July 2002 to June 2004.. •Managing of entire Sales Tax, Luxury Tax, Entry tax, PFA Act, •Management of Statutory Audit, Tax Audit & Internal Audit for the unit. •Handling of Excise duty & deposition of Rs 35-40 crores every fortnight. •Monitoring & control of Fixed Assets Inventory of the unit, with value being Rs.400 crores. •Managing import clearance of various cigarette making & packing machinery. •Rate negotiations on contract basis. •Compilation & submission of management information at head office. •Managing wages of entire unit of 1350 employees with cash outflow on an average of Rs.145 lakhs per month. •Complete charge of statutes related payments like income tax, PF, ESIC. •Filing & assessment of TDS on account of wages. •Providing insurance for storage cum erection of machinery's. •Preparation of Entire factory Budget & Monitoring of the same to the tune of Rs 70 crores in a year • Handled the entire Costing System in a Factory Show less