Experience

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  THEON PHARMACEUTICALS LTD.

  • Panchkula, Haryana, India

  • Chief Financial Officer

    • Oct 2022 - Present
    • Panchkula, Haryana, India

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  Rajasthan Flexible packaging Limited

  • Jaipur, Rajasthan, India

  • Group CFO & CEO

    • Oct 2020 - Aug 2023
    • Jaipur, Rajasthan, India

    Providing insight on business decision-making process through analysis, financial projections (planning, budgeting and forecasting) and reporting; brought in scalable financial control in operations.Convert single banking into multiple banking arrangements and reduce interest rate by 3%. Arrange PCFC limit from HDFC Bank.Expertise in setting strategic goals, providing consultancy, making effective decisions, and enabling smooth day-to-day business activities.Achieved 10% to 15% productivity increase with automation of few production lines.Reduce inventory by 20% and reduce working capital and creditor pressure on payment.PBT improved by 2% of turnover by reduction in expenses.Implemented budgeting and cash flow management process for long term capital improvements and a more sustainable business approach.Pivotal in arranging additional working capital by 20% of sanctioned working capital Controlled debtor outstanding from 45 days to 30 daysImproved Gross margin by 4% by reducing wastage and production overheads.

• 

  Patanjali Ayurved Limited.

  • Uttaranchal, India

  • Chief General Manager

    • Dec 2018 - Oct 2020
    • Uttaranchal, India

    Smooth consortium banking operation and controlled day to day fund planning with authorization for payment from parent company.Fund raising for sister concern and other group companies.Monitoring of E-commerce division and control all related activities. Resolved old matters and recovered old fund B2B E-commerce partners.Monitoring of Export division and control all related activities. Resolved old matters and recovered old fund after proper reconciliation with buyer and business partners paying royalty.Control travelling expenses of all Patanjali employees especially sales staff and change policy. Reduce 25% of travelling expenses. Cost benefit analysis of backward integration units and change product mix to achieve BEP and improved project viability.Proactive members of ERP up gradation team.

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  G D Food Manufacturing India Private Limited (TOPS)

  • New Delhi Area, India

  • President Finance and Commercial

    • Mar 2005 - Oct 2018
    • New Delhi Area, India

    Funds arrangements from changing of Banking of the Company from Canara Bank (18-year-old) to HDFC Bank and reduce interest rate from @4.75%. Eliminated 100% of the bank chargesDeal with private equity partners, rating agency, due diligence by Big4 and investment bankersRestructuring and merger of organization for better profitability and future funding and controlling prospects. Increase equity to maintain debt equity ratio in private limited company. To make company divided paying and bonus share issued companyBuild family trust structure and other trust structure for funding, safety and controlling of promoter’s property and businessCompletion of Accounting and Roc compliances like started trust for gratuity policy with TATA AIG as per AS15 and Started to prepare all ROC register, all legal compliances and minute books required. It was mandatory requirement as per lawLiaison with pollution department to get approval with air and water department. The local plant person was facing problem because of not filing papers correctly and timely. Also, liaison with District Industry Center (DIC), State excise, FSSAI, UPSIDC and Mandi SamitiTo received grant and subsidy from MOFPI, DIC of Rajasthan, RIPS and APEDADeal with foreign supplier regarding import of raw material and packing material from China and Thailand. Also visited to China, Malaysia & Thailand four/five timesRestructured and set up accounts department, store department, costing department, Sales MIS and pricing of FG products & other system of working and saved huge overhead cost with the planning of consolidation of different activities and logisticsImplemented ERP package BAAN at AFIL (Team member), TCS” ion” at GDFMIPL (headed implementation team) and member of ERP implementation and up-gradation team in Patanjali

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  Kajaria Plus Limited

  • New Delhi

  • Assistant Manager Accounts

    • Apr 2001 - Mar 2005
    • New Delhi

    Monthly Budget and Profitability, Banking, TDS, Finalization of Balance Sheet, Excise, Sale Tax etc.

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  Super Cassettes Industries Limited

  • Noida Area, India

  • Executive Accounts

    • Aug 1997 - Mar 2001
    • Noida Area, India

    Bank MSOD, Excise, Sale Tax, Fund Flow analysis, Monthly Profit and Loss, TDS, Finalization of Balance Sheet, Consolidation of Balance Sheet, Costing of products etc.

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  Hindustan Lever Limited

  • Gajraula (U.P)

  • Management trainee

    • Jan 1995 - Jul 1997
    • Gajraula (U.P)

    Finance and Accounts department. Deal BIFR case. upto finalisation of Accounts. Big FMCG gaint and well known multinational company. Now they have changed their name into Hindustan Unilever Ltd,