Sanjay Jaswani
Chief Financial Officer at M/s Kortek Electronics India Ltd.- Claim this Profile
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English Full professional proficiency
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Hindi Full professional proficiency
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Sindhi Limited working proficiency
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Punjabi Professional working proficiency
Topline Score
Bio
Credentials
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Certification on Programming
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Experience
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M/s Kortek Electronics India Ltd.
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India
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Computers and Electronics Manufacturing
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1 - 100 Employee
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Chief Financial Officer
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Jan 2012 - Present
• Administering entire gamut of activities related to finance functions, right from designing & implementing systems, policies & procedures to facilitate internal financial control towards the accomplishment of organizational goals • Responsible for: o Determining financial viability, projecting cash flow & growth opportunities and projected financial statements o Scrutinizing tender offers to determine the financial benefits and examining financial viability of project proposals to select profitable ones o Maintaining cost record, taking measures to eliminate unwarranted expenses and ensuring that financial statements are prepared and submitted to the board on time • Formulating operational strategies for improvement of present system by conducting long-term & short-term planning in line with organization requirements • Undertaking activities related to evaluation financial position of organization by computation, relevant ratios and capitalization of assets • Analyzing idle funds generated due to variance between budgeted & actual and controlling funds required for accomplishing various tasks • Coordinating with government departments & regulatory authorities viz. ROC, RBI, IRDA, etc. for resolving critical issues and ensuring compliance with statutory obligations • Evaluating new business proposals and performing variance analysis viz. cost variance, material price variance, material usage, expenditure & purchase variance Highlights: • Reduced costs by 14% through strict controls, increased efficiency and better alternatives such as vision, mission, team work, work values & ethics, work environment, openness & transparency, accessibility, communication • Secured bridge finance worth INR 16 Crores through presenting and negotiating a financial revival package and term loan proposal with banks / financial institutions • Conducted due diligence during the takeover; developed financial models for financing the acquisitions
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Dixon Technologies (India) Ltd.
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Noida Area, India
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Chief Financial Officer
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Dec 1993 - Dec 2011
• Accountable for: o Arranging long-term funds for term-loan and funds/capital to invest in business/company for long-term o Screening new projects, conducting feasibility studies and generating project reports to assess viability of projects on financial ground and implemented business development strategies o Introducing with banking & financial institutions to induct fund from them and reduce interest rate on such funds secured • Designed strategic, cost management systems/techniques for devising product-pricing strategy, monitoring various overheads, achieved maximum cost control developed action plans, managed budgets and developed tax & cash flow strategies • Extended support in pricing, costing and margin analysis in to ensure maximum return to business • Looked after preparation of budgets and developed indirect rates, performed and assisted in financial analysis like funding profiles, revenue analysis and variance analysis
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Maharashtra Seamless Ltd.
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New Delhi Area, India
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Executive (Finance)
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Dec 1992 - Dec 1993
• Optimum utilisation of working capital. • Monitored cash flow of the company and ensured of smooth flow of finances in the company. • Coordinated in the proper and timely, fulfilment of tax returns and various Audits. • Optimum utilisation of working capital. • Monitored cash flow of the company and ensured of smooth flow of finances in the company. • Coordinated in the proper and timely, fulfilment of tax returns and various Audits.
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Fena Pvt. Ltd.
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New Delhi Area, India
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Senior Accounts Officer
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Aug 1990 - Nov 1992
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Education
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The Institute of Chartered Accountants of India
Chartered Accountant, Business/Commerce, General, Strategic Financial Planning, Budgeting & Cost Control, Team Management. -
University of Delhi
Bachelor of Commerce (BCom), Accounting and Finance