Aug 2019 – Jun 2021 · 1 yr 10 mos

• Working with CFO and MD, my responsibilities include FP&A (AOP, Monthly Board MIS, Capex Budgeting, Working Capital Mgt), Banking & Treasury, Business Finance (Business Partnering, P&L Management, Commercial Finance, Supply Chain Fin, Costing, Payable, Subsidies (PLI, State & Central schemes), Internal Audit.
• Capital Foods is a packaged foods FMCG company with brands 'Ching’s Secret’ and ‘Smith & Jones’. Backed by marquee PE Funds General Atlantic & Invus, the company has built a leading position in the Indian-Chinese cuisine category. Company is present pan India across multiple channels (modern trade, general trade, e-commerce and exports) with products in the Sauces, Noodles, Soup and Seasoning categories.

May 2018 – Jul 2019 · 1 yr 2 mos

• Controllership (Reporting, Audit, Taxation, Financial Controls, Compliance), Projects (Capex, digital automation, ERP etc)

Jun 2016 – Apr 2018 · 1 yr 10 mos · Gurgaon, Haryana, India

• Backed by strong global investors like DST Global and Sequoia, Cars24 is engaged in the Retail business of pre-owned cars across 9 States in India:
• Joined the company in its 10th month of existence and collaborated in 3x revenue growth, by:
• setting-up a fully functional finance organization of 25+ resources
• finance lead for the funding rounds
• partnering in strategy planning with business heads and CEO
• leading the preparation of first AOP, monthly financial performance reports and investor MIS; managed global stakeholder relations
• designing the "Instant Payment" system which slashed payment SLA by 90% to become one of top 4 USP of the company
• preparing IGAAP & IFRS compliant financial statements, engaging Big4 audit firm from Year 1
• establishing financial, accounting & business processes and Governance at India and Singapore
• implementing workflow automation and seamless process integration with Banks
• ensuring smooth GST migration for Cars24; Statutory and Regulatory compliances
• streamlining banking relations with MNC banks, oversaw cash investments, secured credit line

Apr 2014 – May 2016 · 2 yrs 1 mo

• Took over additional responsibility of Retail (comprising 22 co-co Hyper Markets) and FMCG distribution verticals and partnered with Business for delivering P&L
• oversaw preparation of annual business plan at category, Store and national levels, rolled-out in-month forecasts and analysed variances
• carried-out commercial evaluation of marketing schemes, evaluated new sourcing models
• drove cost optimization initiatives, implemented process best-practices
• Projects:
• SAP S4 HANA implementation
• Prepared financial model and co-led implementation of differentiated sourcing for Agarbatti businesses of ITC

Jan 2012 – Mar 2014 · 2 yrs 2 mos

• Finance Lead for pan-India procurement & supply chain for Aashirvaad Atta as well as supply of bulk and processed produce to external customers. Managed annual turnover of $500 mn through a team of 50+ finance professionals in 6 regional offices.
• supported business expansion to new States and collaborated in finalizing local sourcing models securing annual sourcing of INR 1000 Cr
• led strategic Cost reduction programs improving profitability of operations including reduction in Inventory shortages and reduction in Supply Chain cost leading to savings of INR 10 Cr annually
• transformed payment processes to achieve release of payments of INR 2000 Cr inventory purchases on T+2 pay-terms and start availing INR 15 Cr rebate annually
• enabled delivery of Plan targets through milestone tracking and monthly KPI Dashboard reporting
• ensured Budgetary control over spends across 6 Regional offices and HO (~$10mn)
• oversaw commercial operations of 5 factories - monitoring yields & wastages, cost of production, inventory levels, production schedules
• led the commercial, finance & controllership function of pan-India business
• Projects:
• designed and implemented mobility-based ERP solution for capturing online inventory movement across 120+ remote depots in 10 States that provided online visibility of INR 2500 Cr inventory throughput
• SOP: updated & broad-based 30+ finance & business SOPs; drove steadfast implementation

Jan 2008 – Dec 2011 · 3 yrs 11 mos

• Overseeing the Commercial, financial & accounting for the biggest region of the Business (Turnover $200mn) with 40 operating locations and 9 company owned hyper-markets. Headed a team of 25 finance resources. Key highlights:
• finalised annual plan for the region and led monthly discussion on performance
• implementing strategic interventions in Retail and Supply Chain.
• strengthened processes and implementation in the areas of AR, AP, Accounting, Taxation, Insurance
• ensured timely filing of Returns, evaluated impact of amendments, completed multi-year tax assessments & litigations
• carried out commercial negotiations, finalized contracts with suppliers/service providers
• managed relationships with external agencies, Govt. Bodies, influence issue resolution
• Achievement:
• transformed the AP process leading to first-time availment of cash discount ($0.5mn)

Jun 2005 – Dec 2007 · 2 yrs 6 mos

• Selected in the Finance Leadership Program of ITC.
• After a detailed induction, was posted in the Corporate Internal Audit function for carrying out audit engagements across the various factories, branches, HO, Hotels etc of the company. Responsible for reviewing processes and identifying risks & non-conformity. Involves extensive interaction with people across business hierarchy & functions and reporting deliverables to senior management. Led a team of 5-6 people.

Jan 2005 – May 2005 · 4 mos · Kolkata Area, India

• Planning & executing Internal audit assignments and special projects, leading teams for audit of large MNCs

Sep 2001 – Aug 2004 · 2 yrs 11 mos · Kolkata Area, India

• Executing Internal Audit and Statutory Audit in large Corporates across sectors like Oil & Gas, FMCG, chemicals, Govt. Enterprise etc. like Castrol India, Dabur India, Mitsubishi Chemicals, Numaligarh Refinery, National Highways Authority of India, The Statesman etc.