Apr 2014 – Mar 2016 · 1 yr 11 mos · Mumbai Metropolitan Region

• Managed Treasury operations, including cash management, investments, foreign exchange management, hedging, risk management, hedge accounting and compliance. The total asset under management (AUM) was around USD 2 billion.
• Managed the retrial fund investments, i.e. Provident Fund, Gratuity, Superannuation and Employees’ Pension Fund for Tata Steel
• Have experience in fixed income and equity portfolio management
• Possess a good understanding of various investment products including mutual funds, structured products and alternative investments
• Have partnered with Accounting and FP&A in the cash forecast process
• Ran the Cash Flow at Risk (CFAR) Model for analytical decision-making
• Advised the Tata Steel Group companies to manage their surplus cash investments and retirement fund portfolio
• Developed innovative approaches towards foreign exchange risk management and executed hedging transactions (option structures, interest rate swaps, etc.)
• Set up and renewed banking lines to meet the working capital requirements of the company
• Negotiated and executed the necessary agreements for fund-based and non-fund-based facilities sanctioned to the company by various banks
• Managed trade finance operations including import payments against Letter of Credit, direct remittance as per contract, export collection, arranging buyer’s credit, supplier’s credit and discounting of local credit sales
• Manage investments for various Retirement Funds like Provident Fund and Gratuity
• Developed IT systems to manage liquidity, cash flow projections and data on hedges

Jun 2013 – Mar 2014 · 9 mos · Mumbai Metropolitan Region

• Responsible for reviewing and recommending changes to investments policies as necessary, based on business outlook and market conditions
• Managed daily cash flow and the execution of investment strategies, including all the aspects of in-house investment portfolios as well as monitored and reported investment results
• Ensured the deployment of surplus funds and adequately planned for shortfall/deficit funds on daily basis and ensured budgeting, proper accounting and internal controls
• Analysed financial data and capital market developments to create, run and maintain treasury programmes and initiatives
• Verified, validated and updated the various financial models for investments in JVs, subsidiaries, etc.
• Supported the implementation of a Global Treasury Management System for efficient global cash management, effective controls and real-time reporting
• Updated and maintained Treasury policies and procedures including regulatory guidelines

Sep 2010 – May 2013 · 2 yrs 8 mos · Mumbai Metropolitan Region

• Received training on the global best practices in Investor Relations and Financial Communications from MZ Group, a world leader in Investor Relations Consulting
• Worked with senior management to raise capital by participating in roadshows and interacting with investors, brokers, analysts and the media. Participated in the FPO roadshows in January 2011 to raise ~ USD 760 million.
• Proactively gathered, assimilated and highlighted the key market/investor sentiments to the senior management including the Group CFO and suggested relevant actions
• Represented Tata Steel at various national/international-level investor conferences and interacted with major global investors
• Tracked and analysed global competitors to suggest strategic inputs for decision making
• Analysed shareholder movement, including that of FIIs and Mutual Funds, and anticipated the impact of these changes
• Summarized the report on brokers quarterly result update for Tata Steel and its key competitors
• Managed the Investor Relations website, IR CRM systems and created web/mobile apps for data management
• Managed the initiatives under the Finance Transformation Project that improved the systems and processes of the department
• Other Achievements:
• 1. Initiated the DJSI application that resulted in Tata Steel entering the Dow Jones Sustainability Index (DJSI) Emerging Markets
• 2. Revamped Tata Steel's IR website that was subsequently ranked#1 in India in 2012-13 by IR Global Rankings

Nov 2009 – Apr 2010 · 5 mos

• Worked with the Regional Consulting team of UBS Wealth Management at Boston (an in-house Portfolio Strategy Consulting group that works with financial advisors to manage portfolios of ultra-high-net-worth clients)
• The role involved understanding the investment strategies of different asset managers and choosing the best products to suit clients' needs

Jun 2009 – Aug 2009 · 2 mos

• Boston Financial & Equity Corporation is a venture debt firm and specializes in equipment leasing worth $1 million to $6 million
• Studied the business plans of various startup companies and developed financial models to analyze credit risk

May 2009 – Dec 2009 · 7 mos

• • Worked as a Research Assistant for Prof. Iain Cockburn, Professor at Boston University School of Management

Apr 2009 – Jun 2009 · 2 mos

• Started a forum for finance students and professionals in India
• This forum helps students prepare for finance exams and gather relevant information related to professional certifications such as CFA and FRM

Feb 2009 – Jun 2009 · 4 mos

• Ardour Capital Investments, LLC is an investment bank focusing on alternate energy and cleantech companies.
• Was involved in equity research and valuation of various cleantech companies
• Wrote research reports and attended quarterly conference calls
• Developed financial models for valuation using discounted cash flow and comparable company analysis

Jul 2006 – Aug 2008 · 2 yrs 1 mo

• Led 60 employees to implement Daily Management (Quality Control) tools and trained them on Safe Working Procedures including Positive Isolation
• Analyzed process parameters using Statistica and MS-Excel modeling to reduce electrical delays which increased production by 8%
• Developed Description of Total Quality Management Practices (DTQMP) for Deming Challenge, a prestigious award in Quality
• Implemented Total Productive Maintenance (TPM) to decrease customer complaints and increase delivery compliance to 100%
• Initiated SAP PM implementation to develop an effective resource management system
• Led the planning and budgeting of a re-heating furnace project
• Designed the Disability Management intranet site that helped in providing online services

May 2005 – Jul 2005 · 2 mos

• Successfully completed a project to design an instrument to measure bulk density of stamped coal cake
• Received Tata Steel Scholarship and job offer directly from the Vice President, Tata Steel