Mar 2023 – May 2024 · 1 yr 2 mos · Bengaluru, Karnataka, India · On-site

May 2022 – Mar 2023 · 10 mos · Muscat, Masqaţ, Oman · On-site

Nov 2019 – May 2022 · 2 yrs 6 mos · Dar es Salaam

• Responsible for Treasury, Accounts Payable (AP) and Accounts Receivable (Credit Control)
•  Banking relationship - setting up new facilities and renewing existing facilities
•  Managing currency hedging and trade finance activities such as establishment of LC's, arranging suppliers’ credit/short term loans from banks
•  FX risk management - ensuring all FX risks are identified and hedged in line with group policy
•  Liquidity/working capital management - Forecasting cash flow, anticipating funding requirements and ensuring on time payments.
•  Reviewing and ensuring all treasury items are properly accounted and reported
•  Treasury compliance and covenants submission
•  Accounts Payable - Ensuring all liabilities are recorded on time and paid as per due date
•  Credit Control - Monitoring collection and implementing necessary actions to ensure backlog is limited
• Achievements
•  Developed Invoice tracker to monitor TAT at each stage and to ensure timely payments
•  Anticipated funding requirements well in advance during COVID 19 and ensured sufficient funds are available to meet commitments
•  Implemented new reports to track day to day Cash movement and appraise management
•  Streamlined accounting for Treasury activities including bank reconciliation.
•  Successfully migrated to Online banking from Offline

Apr 2016 – Nov 2019 · 3 yrs 7 mos · Bengaluru Area, India

• Managing currency risk management for 4 entities (8 units) Fx portfolio ~ €600 Million
• Banking relationship for 4 entities bank accounts ~14 and management
• Setting up / enhancing credit facilities in line with the business requirements and renewing yearly
• Establishing processes improvements for accurate monthly cash landing forecasting
• Support to business teams for cash collection -> LC/ bank networking
• Extending support to tenders whenever it’s needed -> BG costing/Fx impact/regulations
• Arranging LC/ BG’s as per business requirement by optimum utilization of facilities
• BG expiry release management -> Ensuring always expired BG’s are in control, below 2% of total
• Strict adherence to RBI/FEMA guidelines and Group policies
• SAFIR and all other kind of audits –> Ensuring all Treasury controls are OK
• Ensuring treasury related compliance's FX certifications, Due diligence, UFCE and Credit Ratings
• Closely monitoring and coordinating with multiple entities/units to ensure treasury accounts
• On time delivery of financial information (both IFRS and Indian GAAP), P&L/Balance Sheet analysis
• Ensure timely bank reconciliation – Ensuring no ageing of outstanding entries more than 30 days
• Single point of contact for Internal and Statutory Auditors to smooth closure of audits
• Arranging regular training's & awareness sessions to complete Finance community and highlighting key steps to follow while reporting treasury related numbers
• Significant Achievements:
•  Prepared and published Treasury comprehensive handbook by considering local regulations
•  Awarded as star performer of the month on successful driving of statutory audit
•  Transitioned and set up complete FX desk in INDIA
•  Streamlined FX accounting, reporting and knowledge transfer to all stake holders
•  Prepared and shared comprehensive FX MIS to top level management

Mar 2014 – Apr 2016 · 2 yrs 1 mo · Bengaluru Area, India

• Performed a role of catalyst in Management Decision relating to Strategic Hedges appraising them continuously on risk and framing new policies as and when required.
• Currency Risk Management - Fx portfolio ~ $500 Million
• Coordinating and compiling complete information with respect to fund requirement in various accounts
• Evaluating different foreign currency funding’s (PCFC, Inter co loans, BC & SC) options on regular basis
• Managing Investment surplus ~INR 2,500crore (MFs, FDs & FMP) and circulating summary to top management
• Forecasting Exchange Rate Fluctuation (ERF) by considering short term future events and providing variance analysis
• Ensuring and responsible for treasury accounting (Fx, fund transfers, investments, incomes & expenses)
• Ensuring treasury related compliances/reporting’s are prepared and submitted as per timelines
• Credit limit management
• Managing ~100+ accounts (National & International)
• Reviewing treasury MIS and ensuring timely deliverables (Internal & Parent Co)
• Significant Achievements:
•  Awarded as performer of the month on successful completion of FIRC tagging and bill closure of INR 2500crore
•  Arranged PCFC to reduce cost of borrowings
•  Explored long term foreign currency loan refinancing and opted the best quote available in the market

Jan 2011 – Mar 2014 · 3 yrs 2 mos · Tamil Nadu, India

• Currency Hedging 100% back to back, Cash flow analysis based on the projected cash generation from sales,
• short term financing options available, Import payments and other funding requirements
• Ensuring timely payments & timely arrangement of funds for the payments of average USD 400 million per month.
• Maintaining the Buyers credit profile of an average of USD 1 billion and Suppliers Credit profile (including structured
• credits) of USD 200 Mio and monitoring the interest cost & due dates for the same
• Investment portfolio Management (MF & FDs), Established discounting lines for working capital management
• Assisting in the NOSTRO funding of Import transactions and achieve savings in forex margins.
• Managing international import trade (LC & CAD), Structuring the Import LCs to avail Supplier/Reimbursement Finance
• Handling credit lines (fund & non-fund) & optimum utilization over a panel of 9 banks, Setting up of new banking
• limits or enhancing existing limits and renewing facilities on yearly basis.

Jan 2007 – Jan 2011 · 4 yrs · Guntur Area, India

• From Jan,2007 to Dec,2010
• Major Clients: Nuziveedu Seeds Ltd, Dhanlaxmi Cotton & Rice Mills Pvt Ltd. And Jocil Ltd
• Participated actively in the finalization of accounts of various Public and Private Limited Companies.
• Advised on financial matters to clients particularly in matters relating to direct & indirect taxes.
• Handled income tax work (tax audits, TDS Returns, Replying to income tax notices, filing returns of individuals, partnership firms).