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Jaspal Tandon, a seasoned finance leader, has spent over a decade navigating the complexities of corporate finance, team management, and business planning. As Vice President-Operations Finance at JCB India Ltd., he spearheaded initiatives that increased margins by 0.75% through rationalized manufacturing plans and optimized material costs. His expertise in financial reporting, analysis, and internal controls has been instrumental in driving business growth and competitiveness. With a strong educational foundation in accounting and finance, Tandon has held various roles at Alstom, Asea Brown Boveri, and PwC, honing his skills in financial management, marketing, and team leadership.

Experience

  • JCB India Ltd.
    • Ballabgarh, Haryana, India
    • Vice President Finance
      • Sep 2013 - Present
      • Ballabgarh, Haryana, India

      𝐆𝐫𝐨𝐰𝐭𝐡 𝐏𝐚𝐭𝐡:Vice President-Operations Finance, Purchase Finance, Product Engineering and Innovation | Since Jan 2016Associate Vice President-Plant Controller | Sept 2013-Dec 2015 Held a breadth of roles from providing value added financial insights to management for executing business strategies & improve competitiveness and sustainability to contributing in the implementation of key strategy on manufacturing capacity at various plants (based on destination of final sale and sourcing). Highlights:◾️ Came up with an increase in margins by 0.75% by rationalizing manufacturing plan based on final destination of sale and sourcing.◾️ Cost Optimization - bringing in concept of cross functional team of purchase and engineering to optimize material cost - resulting in consistent improvement in margins year on year by c1% every year.◾️ Initiated process of price and product benchmarking with competition to rationalize pricing and discounts - process enable increase in NRV's by c3-5% on excavator line.◾️ Continuous focus on inventory and vendor management enabled reduction in inventory levels by 25% and increase in credit period from 21 to 26 days.◾️ Brought in focus on internal controls in the plant with implementation of rotation of job profile and segregation of duties in payables, material handling etc.

    • Vice President Finance
      • Jul 2005 - Aug 2013

      𝐆𝐫𝐨𝐰𝐭𝐡 𝐏𝐚𝐭𝐡:VP-Finance | June 2012-Aug 2013GM-Billing & Financial Reporting | Dec 2010-May 2012GM-Financial Reporting | Dec 2007-Nov2010Deputy GM-Management Reporting | Nov 2006-Dec 2007Deputy GM-Financial Reporting & Compliance | July 2005-Nov 2006Under this stint, played a significant role in establishing an Integrated Billing System for the organization that involved integration of data from various departments and different billing parameters for various Telecom Operators. Meticulously contributed in IPO of the Organization w.r.t preparation of Financials and other information in the RHP. Had been a great resource in managing the preparation of accounts for standalone entity and consolidation of a joint venture and subsidiary.Highlights:◾️ Handled an IPO (size being 4100 crores).◾️ Contributed in listing agreement and timely completion of quarterly audits.◾️ Setting up integrated billing system and validation of billing parameters leading to increase in billing revenue by 3%.

  • Alstom
    • Delhi, India
    • Manager Finance
      • Apr 1998 - Jul 2005
      • Delhi, India

      𝐆𝐫𝐨𝐰𝐭𝐡 𝐏𝐚𝐭𝐡:Manager-MIS & Accounts | Jan 2002-July 2005Controller-Gas Turbine Segment | April 1998-Jan 2002

    • Marketing Controller
      • Aug 1994 - Apr 1998

      𝐆𝐫𝐨𝐰𝐭𝐡 𝐏𝐚𝐭𝐡:Controller-Marketing | April 1996 - April 1998Executive Finance | Aug 1994 - April 1996

    • Apprentice
      • Nov 1990 - Aug 1994

Education

  • 1990 - 1994
    The Institute of Chartered Accountants of India
    Chartered Accountant, Accounting and Finance
  • 1987 - 1990
    Delhi University
    B.Com (Hons)
  • 1980 - 1985
    Delhi Public School - R. K. Puram

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