Nat Vora

Chief Financial Officer at SOLAR WADI
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Contact Information
us****@****om
(386) 825-5501
Location
Muscat, Masqaţ, Oman, OM

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Experience

    • Renewable Energy Semiconductor Manufacturing
    • 1 - 100 Employee
    • Chief Financial Officer
      • Oct 2021 - Present

      First Independent Omani Company that invests in, builds and operates Renewable Energy Power Plants. First Independent Omani Company that invests in, builds and operates Renewable Energy Power Plants.

    • Chief Financial Officer
      • Jul 2019 - Oct 2021

      Report to the CEO and Board of Directors • Within two months of taking over, the economy was hit by the dual issues of Covid-19 Pandemic and a drastic drop in the oil price. Initiated a cost rationalization measures achieving a saving of RO3.5 Million. (April 2019) • Restructured the MIS reporting to provide greater visibility for the Management. • Promoted and improved inter-company collaboration to promote Business and reduce internal costs. • Successfully raised an amount of RO35 Million for the company for refinancing of existing debt and for future investments from an Local Bank. (November 2019) Show less

    • Chief Financial Officer
      • Nov 2006 - Oct 2018

      Report to the CEO • Managed the process of listing the company on NASDAQ and completed within a record time of 6 months (January 2018) • As a start-up raised capital financing for USD 20 Million to enable Mobilization for the first PDO contract (February 2007) • Completing the first MBO for the company to increasing management stake from 40% to 62% (July 2009) • Raised USD 50 Million for refinancing existing facilities and future financing for new projects, allowing the company to escalate its progress towards higher revenues and profitability (June 2010). • Raised USD 70 Million (March 2012) for a second MBO increasing management stake 100% and onboarded National Bank of Oman as 5% stakeholder allowing the company to grow rapidly to a USD200M company. • Raised USD 80 Million (June 2016) to refinance existing facility and raise funds for further expansion. • Successfully divested 26% stake to USD based private equity fund SCF Partners benchmarking a valuation of USD 300 Million for the company (September 2017) Show less

    • Oman
    • Chemical Manufacturing
    • 1 - 100 Employee
    • Director Of Finance And Administration
      • Feb 2005 - Nov 2006

      Report to the CEO • Worked with KfW Bank to successfully close the financing facility for building Oman’s first Methanol plant for USD525Million. • Worked with lawyers, accountants and European based shareholders to complete all CPs. • Worked with MOCI and local banks to successfully register capital increase in various stages and amend the constitutive contract Accordingly. Report to the CEO • Worked with KfW Bank to successfully close the financing facility for building Oman’s first Methanol plant for USD525Million. • Worked with lawyers, accountants and European based shareholders to complete all CPs. • Worked with MOCI and local banks to successfully register capital increase in various stages and amend the constitutive contract Accordingly.

    • Director Of Finance And Administration
      • Apr 2001 - Aug 2004

      Reported to the President and Regional CEO Reported to the President and Regional CEO

    • United States
    • Retail
    • 700 & Above Employee
    • Director – Operations Accounting & Reporting
      • Mar 1998 - Apr 2001

      Reported to the Sr. Director – Operations Accounting & Reporting Reported to the Sr. Director – Operations Accounting & Reporting

    • Canada
    • Real Estate
    • 1 - 100 Employee
    • Financial Controller
      • Mar 1997 - Mar 1998

      Reported to Partner & CEO Reported to Partner & CEO

    • General Manager – Accounting & Business Development
      • Mar 1991 - Feb 1997
    • Manager Accounting Administration
      • Sep 1988 - Mar 1991
    • Argentina
    • Banking
    • 1 - 100 Employee
    • Management Trainee
      • Mar 1987 - Sep 1988

Education

  • Chartered Professional Accountants of Canada (CPA Canada)
    CPA - Chartered Professional Accountant, Banking, Corporate, Finance, and Securities Law
    1997 - 2000
  • American Institute of Certified Public Accountants
    CPA - Certified Public Accountant, Banking, Corporate, Finance, and Securities Law
  • The Institute of Chartered Accountants of India
    Chartered Accountant, Finance, Accounting & Startegy
    1990 - 1993
  • The Institute of Chartered Accountants of India
    ACA, Accounting and Finance
    1990 - 1993
  • The Institute of Chartered Accountants of India
    ACA, Accounting and Finance
    1990 - 1993

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