Samir NATH
CFO| Valuer|ERP | Treasury | Audit| Governance | FPA| Guest Faculty at Institute of Cost Accountants of India, Sapient Services, NGBPS Ltd,, JK Tejwani & Associates,- Claim this Profile
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Bengali Limited working proficiency
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English Full professional proficiency
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Hindi Native or bilingual proficiency
Topline Score
Bio
LinkedIn User
Samir is clearly interested in learning and grow as an employee. When our company started implementing JDE ERP software in Arvos, he asked me questions about JDE's process and how it can be used to Arvos' advantages(on his own time!) because he wanted to learn more about JDE ERP. He also offered to arrange a meeting with some of the key members of the company so I could get more insight into their structure and goals.Surprisingly, he had learnt the functions of JDE pretty quickly and was able to comprehend to us in JDE terminology. Whenever I have questions or concerns, Samir responds right away—and even follows up later in the week to make sure my issues have been resolved. His patience and willingness to help have made me motivated to do the best job I can.
Indranil Roy
Samir and myself worked in the same Group i.e. in Boiler Business of Alstom Projects India Ltd.in Noida. During my association with him in the capacity of Project Head and he was Senior Finance Manager , we worked closely in more than one area. The major area of interaction was implementation of Internal Controls and checkes for the Business covering areas from Sales to Site execution. He was found to be a person who had an eye for the minutest deatiails with uncompromising and unrelenting attitude towards ensuring that all business processes are in place and are being followed by all during the process of execution of projects be it sales or project management or accounting or site construction. I also found him extremely cooperating and always was beside the people to support and clarify things in the hour of need. He was also an upright sincere employee true to his profession and found him to be soft spoken and pleasing personality but was never hesitant to table the facts in a firm way when it came to deliver professional ethics and deliverables.His rich experience can be asset for companies and wish him all the success in his life and cereer. Indranil Roy
LinkedIn User
Samir is clearly interested in learning and grow as an employee. When our company started implementing JDE ERP software in Arvos, he asked me questions about JDE's process and how it can be used to Arvos' advantages(on his own time!) because he wanted to learn more about JDE ERP. He also offered to arrange a meeting with some of the key members of the company so I could get more insight into their structure and goals.Surprisingly, he had learnt the functions of JDE pretty quickly and was able to comprehend to us in JDE terminology. Whenever I have questions or concerns, Samir responds right away—and even follows up later in the week to make sure my issues have been resolved. His patience and willingness to help have made me motivated to do the best job I can.
Indranil Roy
Samir and myself worked in the same Group i.e. in Boiler Business of Alstom Projects India Ltd.in Noida. During my association with him in the capacity of Project Head and he was Senior Finance Manager , we worked closely in more than one area. The major area of interaction was implementation of Internal Controls and checkes for the Business covering areas from Sales to Site execution. He was found to be a person who had an eye for the minutest deatiails with uncompromising and unrelenting attitude towards ensuring that all business processes are in place and are being followed by all during the process of execution of projects be it sales or project management or accounting or site construction. I also found him extremely cooperating and always was beside the people to support and clarify things in the hour of need. He was also an upright sincere employee true to his profession and found him to be soft spoken and pleasing personality but was never hesitant to table the facts in a firm way when it came to deliver professional ethics and deliverables.His rich experience can be asset for companies and wish him all the success in his life and cereer. Indranil Roy
LinkedIn User
Samir is clearly interested in learning and grow as an employee. When our company started implementing JDE ERP software in Arvos, he asked me questions about JDE's process and how it can be used to Arvos' advantages(on his own time!) because he wanted to learn more about JDE ERP. He also offered to arrange a meeting with some of the key members of the company so I could get more insight into their structure and goals.Surprisingly, he had learnt the functions of JDE pretty quickly and was able to comprehend to us in JDE terminology. Whenever I have questions or concerns, Samir responds right away—and even follows up later in the week to make sure my issues have been resolved. His patience and willingness to help have made me motivated to do the best job I can.
Indranil Roy
Samir and myself worked in the same Group i.e. in Boiler Business of Alstom Projects India Ltd.in Noida. During my association with him in the capacity of Project Head and he was Senior Finance Manager , we worked closely in more than one area. The major area of interaction was implementation of Internal Controls and checkes for the Business covering areas from Sales to Site execution. He was found to be a person who had an eye for the minutest deatiails with uncompromising and unrelenting attitude towards ensuring that all business processes are in place and are being followed by all during the process of execution of projects be it sales or project management or accounting or site construction. I also found him extremely cooperating and always was beside the people to support and clarify things in the hour of need. He was also an upright sincere employee true to his profession and found him to be soft spoken and pleasing personality but was never hesitant to table the facts in a firm way when it came to deliver professional ethics and deliverables.His rich experience can be asset for companies and wish him all the success in his life and cereer. Indranil Roy
LinkedIn User
Samir is clearly interested in learning and grow as an employee. When our company started implementing JDE ERP software in Arvos, he asked me questions about JDE's process and how it can be used to Arvos' advantages(on his own time!) because he wanted to learn more about JDE ERP. He also offered to arrange a meeting with some of the key members of the company so I could get more insight into their structure and goals.Surprisingly, he had learnt the functions of JDE pretty quickly and was able to comprehend to us in JDE terminology. Whenever I have questions or concerns, Samir responds right away—and even follows up later in the week to make sure my issues have been resolved. His patience and willingness to help have made me motivated to do the best job I can.
Indranil Roy
Samir and myself worked in the same Group i.e. in Boiler Business of Alstom Projects India Ltd.in Noida. During my association with him in the capacity of Project Head and he was Senior Finance Manager , we worked closely in more than one area. The major area of interaction was implementation of Internal Controls and checkes for the Business covering areas from Sales to Site execution. He was found to be a person who had an eye for the minutest deatiails with uncompromising and unrelenting attitude towards ensuring that all business processes are in place and are being followed by all during the process of execution of projects be it sales or project management or accounting or site construction. I also found him extremely cooperating and always was beside the people to support and clarify things in the hour of need. He was also an upright sincere employee true to his profession and found him to be soft spoken and pleasing personality but was never hesitant to table the facts in a firm way when it came to deliver professional ethics and deliverables.His rich experience can be asset for companies and wish him all the success in his life and cereer. Indranil Roy
Experience
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Institute of Cost Accountants of India
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India
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Higher Education
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200 - 300 Employee
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CFO| Valuer|ERP | Treasury | Audit| Governance | FPA| Guest Faculty
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May 2018 - Present
CFO| Valuer|Internal and Forensic auditor CFO| Valuer|Internal and Forensic auditor
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CEO for Capacity Building and Professional Development Valuation Profession.
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Jan 2019 - Aug 2019
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ARVOS GmbH | SCHMIDTSCHE SCHACK
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Germany
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Mechanical Or Industrial Engineering
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1 - 100 Employee
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Deputy Chief Finance Officer of PE backed Entity with topline of Rs. 500 Crores.
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Jul 2016 - Jan 2018
Responsible for :1) Implementing a Control Matrix for IFC.2) Global Reporting and Financial Controlling.3) Budgets, Cost Control, Variance analysis.4) Statutory Compliance and Tax Accounting.5) Liquidity and WC Management.6) Audit Management.7) ERP Implementation and GST rollout.8) Inventory and Factory Cost Controlling. Responsible for :1) Implementing a Control Matrix for IFC.2) Global Reporting and Financial Controlling.3) Budgets, Cost Control, Variance analysis.4) Statutory Compliance and Tax Accounting.5) Liquidity and WC Management.6) Audit Management.7) ERP Implementation and GST rollout.8) Inventory and Factory Cost Controlling.
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Larsen & Toubro
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India
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Construction
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700 & Above Employee
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Divisional CFO Power Plants with Portfolio of Rs. 2000 Crores.
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Jan 2011 - Mar 2014
• Project Finance Controller: Overseeing all aspects of Financial Control for two Power Projects worth around Rs. 4000 Crores. • Budgets and Compliances: Responsible for configuring Project Cost Estimates in SAP and then cascading to monthly levels. , • Presentation of Books as per IGAAP: Recognizing revenue, invoicing, Tax compliances.• SOX and Risk Assessment/Mitigation: Defined and developed Internal Control across functions, Also Introduced a Risk Register • Cost Base Administrator: Periodical review of Project Cost Estimates and Departmental overheads with periodical actualization.• Bidding Support: Dedicated support to Bidding team for Evaluation of Tenders and submission of Bids. • Contract Management: Supporting with Commercial Documentation and Claim Management on Price Escalation, Hedging Costs, Time and Cost Over runs and LD claims. • Tax Administration for Duty Free Imports: Establishing Internal Control system for Facilitating Advance Authorization to facilitate Duty Free Imports of Raw Materials and Closure of the Authorization as per laws laid out in Foreign Trade Policy. • Commercial Administration: Identified and mitigated Financial/Operating/Credit/Tax Risk, liaised & interfaced with public bodies like clearing agents, customs authorities, foreign trade policy administrators, insurers, chartered engineers and attorneys of sub contractors.Achievements: • Arranged Refund of Rs. 8 crores Duty drawback from Tax Authorities. • Arranged Refund of legacy Insurance Claims worth Rs. 30 lakhs thus leading to zero pendency of Insurance Claims.• Cost savings by implementing correct procedure for Advance Authorization of Rs. 35 lakhs.• Cost savings by negotiating with Kone elevators on procurement structure of the contract of Rs. 80 lakhs.• Introduced Project Cost Estimates for Power Projects with quarterly review of Estimates.
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Alstom Power
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Electric Power Generation
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700 & Above Employee
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Divisional Finance Controller handling portfolio of Rs. 1000 Crores.
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Jul 2006 - Oct 2010
• IGAAP and IFRS Presentation of Books: Presenting monthly Books as per Local GAAP and IFRS.• Presentation of Management Accounts: Presenting Monthly results with analysis of variances.• SOX and Risk Assessment/Mitigation: Defined and developed Internal Control across functions.• Audit & Compliance: Coordination with internal and external auditors to ensure timely completion of Audit. • Administering Operational Finance: Overseeing and administering Operational areas of Finance viz AR, AP, Payroll, Treasury, Vendor and Customer Management, Site Management, Travel Management, Fixed Asset Accounting, Foreign Remittances, Cash and Bank Management, Tax Accounting. • Cost Base Administrator: Administering Cost Base for Fifty Departments across Three SBU along with evolution of Coefficients for Overhead Recovery for each Function.• International and Local Taxation/Transfer Pricing Documentation : Establishing Procedures for Compliances of taxation matters under Income Tax, Sales Tax, Service Tax, and Customs and timely assessments, appeals and Refund/Payment of Taxes. • Bidding Support: Dedicated support to Bidding team for Submission of Price Bids for Service Jobs.• SAP Implementation: Functional Consultant for Finance, Controlling, treasury and PS module for upgradation of SAP to ECC6.Achievements:• Successfully handled Internal Audit of Three SBU with world class rating.• Productively automated analytics to ensure seamless uploading of data from ERP into reporting packs and then downloading reports of analytics leading to rduction in TAT by around 10 man days on a monthly basis.• Reduced observations of External auditors (EY/PWC) to nil to usher in world class Financial environment and statements.• Reconciled legacy amounts with Sales tax Departments leading to savings in recurring interest cost of Rs. 1 Crore.
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Bharat Heavy Electricals Limited
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India
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Appliances, Electrical, and Electronics Manufacturing
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700 & Above Employee
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Divisional CFO of Portfolio of Rs. 1000 Crores.
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Dec 1995 - Jul 2006
Handled multiple roles in areas of Reporting| FPA| AR| Indirect Tax Compliance, Assessment and Litigation| AP| Shared Service| Payroll| Audit Coordination| Process Automation| CFO EPC Project.Successfully closed legacy contract leading to inflow of Rs 7 MINRRevamped Tax strategy of VAT leading to recurring tax savings of Rs 10 MINR each year.Cleaned the books and automated MIS including dashboards on Oracle platform. Handled multiple roles in areas of Reporting| FPA| AR| Indirect Tax Compliance, Assessment and Litigation| AP| Shared Service| Payroll| Audit Coordination| Process Automation| CFO EPC Project.Successfully closed legacy contract leading to inflow of Rs 7 MINRRevamped Tax strategy of VAT leading to recurring tax savings of Rs 10 MINR each year.Cleaned the books and automated MIS including dashboards on Oracle platform.
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Education
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1989 - 1993
Institute of Cost Accountants of India
CMA, Accounts, Finance, Audit, Management -
2019 - 2019
IBBI
Certificate, Valuation Securities or Financial Assets.
Community
