Subhajit Chowdhury

Co-Founder

Delhi, India34 yrs 9 mos experience
Highly Stable

Key Highlights

  • 28 years of global finance experience across diverse industries.
  • Proven track record in M&A and transaction advisory.
  • Led successful digital transformation initiatives in finance.
Stackforce AI infers this person is a seasoned finance executive with expertise in Banking, Fintech, and BPO sectors.

Contact

Skills

Other Skills

Acquisition IntegrationBankingBusiness Process DesignExpatriate ManagementFinalization of AccountsFinanceFinancial ServicesGrowth StrategiesLeadershipManagementMergers & Acquisitions (M&A)OutsourcingP&L ManagementRestructuringStrategic Finance

About

Over 28 years of global experience in finance and general management, all-around experience in diverse industries including Banking and Financial Services, Digital Payment Solutions, Outsourcing, Manufacturing and Aviation Areas of Specialization •Setting up Businesses from Scratch •Financial Control and External Reporting •M&A and Transaction Advisory •FP&A and P&L Management •Digital Transformation •Treasury and Fund Management •Corporate Governance & Risk Management • Legal, Commercial & Real Estate Summary of experience & key accomplishments # Extensive experience in working closely with Board and senior management in setting up businesses from scratch, forecasting and analysing revenue performance and trends of existing & new business avenues/projects # Delivered success in leading and supporting M&A transactions; responsible for financial and tax due diligence, transaction structuring and post-acquisition integration & purchase accounting # Exhibited excellence in rendering Business Advisory/Consultation especially pertaining to business plans, feasibility analysis, tax & transfer pricing, advising revenue models, restructuring while delivering results in growth; proven track record in cost reduction strategies, presenting cost-benefit analysis on new and existing programs # Experienced in analyzing & reporting business liquidity position, performing project financial feasibility, internal capital adequacy assessment program, treasury portfolio while formulating and implementing KPIs across company & group # Excellence in performing financial analysis, variance analysis, budgeting, financial modelling, management presentations, forecasting, quarterly portfolio reviews, financial consolidation and offering advisory to aid top management in the decision-making process, resolve potential revenue leakages & drive process improvement initiatives Demonstrated ability to successfully lead, mentor and develop large global teams across vastly different cultures for high-quality work and dedication to the mission of the organization; effectively managing work allocations , training and skill development, performance management and building effective teams

Experience

Accountx

Co-Founder & Partner

Aug 2022Present · 3 yrs 7 mos · NCR Delhi , India

Snva & company

Partner

Jun 2021Dec 2023 · 2 yrs 6 mos · New Delhi | Noida | Gurgaon

Barclays bank , corporate & investment banking

Finance Director

Oct 2017Apr 2021 · 3 yrs 6 mos

  • # Led Financial Control , Product Control and Regulatory Reporting for Corporate Banking & Wealth business covering large corporate loans portfolio for Barclays International ( managed over 25 legal entities ), responsible for P&L management and delivery of financial results of the business unit along with all attestation for key finance processes and regulatory filings
  • # Played significant role in implementing the Structural Reforms mandates by regulators involving setting up of ring fence and non-ring fence bank and restructuring of Group Service Company and its affiliates
  • # Provided strategic financial direction & leadership; performed due diligence , Mergers & Acquisition and Divestment of entities / businesses , steered process transitions, re-engineered existing process via digitization, reduced tasks involved & made processes lean, resulting in significant savings in man hours & overall cost to Barclays

Barclays global services

Chief Financial Officer & Finance Controller

Aug 2010Sep 2017 · 7 yrs 1 mo · India

  • # Served as Member of Board, Investment Committee and Audit Committee of the Investee Companies tasked for achieving the offshore expansion strategy and financial objectives of the Group
  • # Monitoring, mentoring & motivating a workforce of over 350 colleagues to enhance their efficiencies with excellent people management skills for leading personnel towards accomplishment of common goals
  • # Led significant digital transformation initiatives ; my team was awarded the best transformation team for 3 years at a stretch among support functions. Key implementations across work force management tools , SAP GL, Loan Booking Systems, procurement and travel, inter-company billing and customized various business unit and infrastructure functions work flows.
  • # Spearheaded the entire accounts & finance functions including maintenance & finalization of accounts, working capital management, profit monitoring, report management, building internal financial controls, Capex management, determining accounting objectives, designing & implementing systems and framing policies & procedures to facilitate process control
  • # Handled all aspects of direct & indirect tax including corporate tax planning, managing litigation, transfer pricing , permanent establishment and competent authority proceedings

Fis - fidelity information service

Chief Financial Officer ( India & Philippines )

Jul 2003Aug 2010 · 7 yrs 1 mo · India

  • # Directed all aspects of finance, tax and real estate operations for India and Philippines that have consistently expanded over the years (over 8000 plus associates)
  • # Delivered success in leading and supporting the acquisition of an Indian payments company; responsible for financial and tax due diligence, transaction structuring and post-acquisition integration & purchase accounting. Actively participated, reviewed and advised on various tenders & RFP resulting in TCVs over $200 m
  • # Successfully expanded the global footprint of IT & BPO operations by setting up 1000 seats center in Philippines
  • # Led FIS & eFunds global integration team from a finance perspective; led, advised and directly supported the integration & restructuring of the India based operations resulting in key synergies and cost reductions of over 10% in expenses
  • # Implemented Sarbanes-Oxley for India based operations, effective working relationship with external auditors and the Company’s audit committee. Consistent record of clean reporting and filings
  • #Transitioned and managed operations of Financial Shared Services for corporate office in US, a team of 40 associates managing general accounting operations and collections for US businesses.

Vcustomer

Chief Financial Officer

Aug 2000Jul 2003 · 2 yrs 11 mos · India

  • # Founder member of core team responsible for startup of operations, supported business in ramping up headcount to over 3000 within a short span of 3 years
  • # Shown success in setting up 4 state –of –art international level contact centers (over 140,000 sq.ft.). The responsibility included preparing site strategy and evaluation of potential premises, negotiating terms of lease, title search with company solicitors, development of designs, negotiations, awarding contracts to various agencies and ensuring timely completion of project
  • # As a Program Head, successfully designed and implemented Oracle Financials (11i) for the ongoing financial accounting operations across all locations of the enterprise

Lufthansa cargo

Senior Finance Manager , Asia Operations

Sep 1997Aug 2000 · 2 yrs 11 mos · India

  • # Led Finance & Tax function for Asia operations of LCI including India , Middle-East, Pakistan, Nepal, Singapore and Sri Lanka
  • # Set up the branch office at Sharjah Airport, UAE in compliance with UAE and Indian Exchange Control laws
  • # Preparation of business proposals and liaising with RBI, Finance and Civil Aviation Ministry for external commercial borrowings (ECB’s) for import of aircraft and aircraft spares, opening of foreign branches
  • # Handled significant tax issues relative to domestic and International Tax Treaties for aircraft acquisition and disposal, maintenance contracts etc. Represented company during appeal hearings at various levels
  • # Managed personal taxation of expatriate management employees including withholding taxes and repatriation of funds
  • # Implemented BaaN IV c 3 as Project Head and undergone comprehensive key user training on Finance, Distribution and Orgware modules
  • # Led data modeling and designed business processes & functions for implementation of revenue and aircraft inventory accounting

Span india limited

General Manager Finance

Sep 1995Aug 1997 · 1 yr 11 mos · India

Pricewaterhouse , chartered accountants

Audit Officer

May 1993Aug 1995 · 2 yrs 3 mos · India

Lovelock & lewes audit

Audit Associate

Sep 1992Apr 1993 · 7 mos · India

J.p., kapur & uberai , chartered accountants

Article Trainee

Jul 1988Jul 1992 · 4 yrs

Education

The Institute of Chartered Accountants of India

Chartered Accountant — Finance & Management

Jan 1993Jan 1993

Delhi University

Bachelor of Commerce - Honours

Jan 1985Jan 1988

NAVAL PUBLIC SCHOOL

Senior Secondary School — Science and Engineering Drawing

Jan 1984Jan 1985

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