Satish Ramabadran
Finance Director and Company Secretary at Bergen Pipe Supports Group- Claim this Profile
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English Full professional proficiency
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Hindi -
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Tamil Native or bilingual proficiency
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Bio
SURESH BABU
I had the pleasure of reporting to Satish for an year, very much impressed with the way he has handled the entire Finance team and guided me in the areas of Project Management & Funds management , he assigns the responsibility and delegates the authority to achieve the target.
Vishu R.
Satish is one of the few finance professionals that i have met who not just understand the business, but also ensure that the business is driven ethically and integrally. It was a pleasure working with Satish as we interacted frequently on concerns related to HR & finance. His dedication and innovative approach helped and acted as a true support in making the organization better in many ways. I would also like to highlight his detail orientation and ability to see things through the end which compliment his role in the organization. He will be an asset to any company & can add value in many ways.
SURESH BABU
I had the pleasure of reporting to Satish for an year, very much impressed with the way he has handled the entire Finance team and guided me in the areas of Project Management & Funds management , he assigns the responsibility and delegates the authority to achieve the target.
Vishu R.
Satish is one of the few finance professionals that i have met who not just understand the business, but also ensure that the business is driven ethically and integrally. It was a pleasure working with Satish as we interacted frequently on concerns related to HR & finance. His dedication and innovative approach helped and acted as a true support in making the organization better in many ways. I would also like to highlight his detail orientation and ability to see things through the end which compliment his role in the organization. He will be an asset to any company & can add value in many ways.
SURESH BABU
I had the pleasure of reporting to Satish for an year, very much impressed with the way he has handled the entire Finance team and guided me in the areas of Project Management & Funds management , he assigns the responsibility and delegates the authority to achieve the target.
Vishu R.
Satish is one of the few finance professionals that i have met who not just understand the business, but also ensure that the business is driven ethically and integrally. It was a pleasure working with Satish as we interacted frequently on concerns related to HR & finance. His dedication and innovative approach helped and acted as a true support in making the organization better in many ways. I would also like to highlight his detail orientation and ability to see things through the end which compliment his role in the organization. He will be an asset to any company & can add value in many ways.
SURESH BABU
I had the pleasure of reporting to Satish for an year, very much impressed with the way he has handled the entire Finance team and guided me in the areas of Project Management & Funds management , he assigns the responsibility and delegates the authority to achieve the target.
Vishu R.
Satish is one of the few finance professionals that i have met who not just understand the business, but also ensure that the business is driven ethically and integrally. It was a pleasure working with Satish as we interacted frequently on concerns related to HR & finance. His dedication and innovative approach helped and acted as a true support in making the organization better in many ways. I would also like to highlight his detail orientation and ability to see things through the end which compliment his role in the organization. He will be an asset to any company & can add value in many ways.
Experience
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Bergen Pipe Supports Group
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India
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Oil and Gas
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1 - 100 Employee
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Finance Director and Company Secretary
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Jul 2018 - Present
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Finance Director
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Jul 2018 - Jul 2018
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VST Tillers Tractors Ltd
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India
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Agriculture, Construction, Mining Machinery Manufacturing
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400 - 500 Employee
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Head-Finance and Taxation
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Jun 2016 - Aug 2017
Key Areas1. Financial Reporting2. Direct and Indirect tax compliance 3. Management reporting4. Audit Compliance5. Head of Committee on GST Implementation6. Ind AS Transaction Key Areas1. Financial Reporting2. Direct and Indirect tax compliance 3. Management reporting4. Audit Compliance5. Head of Committee on GST Implementation6. Ind AS Transaction
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Services & Trade Company LLC
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Oman
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Construction
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300 - 400 Employee
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Deputy General Manager
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Mar 2014 - Mar 2016
I spearheaded theFinance & Accounts Department;streamlined the systematized accounting procedure involving finalization of balance sheet and compliance with internal & external audit, thereby ensuring error proof accounting as per statutory accounting & its reconciliation. I effectively maintained financial procedures and implemented IFRS standards. I played a vital role in overlooking functions related to financial planning & control of the Contracting Segment which has 10 Independent SBUs including Indian, UK and Srilankan Entity. I hold the distinction of developing annual budgets for the contracting segment; reviewed & presented it to the Board. I was championed in reviewing monthly P&L, Balance Sheet and Cash Flow; developed Finance Commentary critically analyzing the Numbers and presenting to the Board. I efficiently provided timely information to the management for ensuring completion of year end Statutory Audited Accounts in compliance with IFRS. I was also actively involved in steering Indian and UK Operations-Finance, Accounting, Secretarial & Tax Matters. I handled the insurance activities for company assets and projects.
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Financial Controller
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Nov 2005 - Mar 2014
I was pivotal in administering overall finance & accounting operations of 4 independent entities of Manufacturing, Trading, Interior Contracting and Marketing SBU including an Indian Entity. I significantly contributed towards reducing inventory levels through providing MIS on slow and non-moving stocks; providing timely information to the management for ensuring completion of year end Statutory Audited Accounts in compliance with IFRS; etc.I efficiently & effectively designed, implemented as well as reported the Business Plan, Monthly Financial Reports & Cash Flow Forecast to the Board at a consolidated level of 4 entities. I oversaw entire operations tasks (Indian Operations pertaining to Finance, Accounting, Secretarial and Tax Matters. I was successful in reducing the sales outstanding; successfully initiated the system of fortnightly meeting with the Marketing & Project Team to fast track the outstanding. I also ramped up the Factory Overtime Cost; highlighted the gaps and implemented new initiatives to reduce the cost.
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ITC Limited
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India
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Manufacturing
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700 & Above Employee
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Finance Manager
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Apr 1999 - Sep 2005
I successfully handled short term debt from Money Markets viz. CP, MIBOR Linked Papers & Short Term Loans from the banks. I was skillful in managing the investment of surpluses of approximately INR 2000 crores every year in Mutual Funds, Bank Fixed Deposits and Corporate Bonds earning an interest rate of 8-9%. I efficiently effectuated the zero-base costing method for new products resulting in improving the contribution margins from 15% to 18% for notebooks. I essayed a stellar role in improving the sales & profits level; conducted analysis of competition cards and proposed increases in MRP resulting in top line growth of INR 50 lakhs and incremental profit of INR 25 lakhs. I was actively involved in ensuring proper contribution margin on greeting cards through price increase proposed resulting in incremental profit of INR 7 lakhs.
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ICI India
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Chemical Manufacturing
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1 - 100 Employee
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Manager-Finance
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Apr 1996 - Mar 1999
Deftly coordinated with banks for acquiring short-term loan of INR 100 crores; handled the pension & gratuity fund portfolio worth INR 300 crores for investments in Government Securities Deftly coordinated with banks for acquiring short-term loan of INR 100 crores; handled the pension & gratuity fund portfolio worth INR 300 crores for investments in Government Securities
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Education
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The Institute of Chartered Accountants of India
Associate’s Degree, CHARTERED ACCOUNTANCY -
Institute of Management Accountants
Associate’s Degree, Finance and Financial Management Services -
Institute of Cost and Works Accountants of India - ICWAI
Associate’s Degree, COST ACCOUNTANCY -
Vivekananda College
Bachelor of Commerce (B.Com.), Business/Commerce, General -
PSBB, KK Nagar
Bachelor of Commerce (B.Com.), ACA, AICWA, ACMA(USA), ACIS(UK), Chartered Accountant -
The Institute of Company Secretaries of India
ACS, Banking, Corporate, Finance, and Securities Law