1. SENIOR FINANCE PROFESSIONAL
Excellent Track Record of Achieving Phenomenal Success in Financial Planning &
Management of large Multi-National Companies operating in India and in overseas
Targeting leadership assignments in Financial Planning & Controllership with an organisation of repute
located preferably in Delhi NCR
PROFILE SUMMARY
Highly accomplished, results-driven financial management leader with nearly
24 years of progressive experience in financial and operations management in
global multi-million dollar organisations in diverse industries such as Real
Estate, Beverages and FMCG
Cross-cultural leader with strong exposure in strategic & financial planning for
start-ups, complex restructuring, expansions, turn-around of business
performances, large scale business transformations and business advisory roles
throughout leading MNCs in Zambia, Uganda & India
Energetic global executive with proven ability in improving operations,
impacting business growth & maximising profits through cost reductions,
internal control & productivity improvements
Experience in managing multi-million dollar budgets and allocating resources to
exceed profit goals
Strong exposure in spearheading large scale commercial negotiations on behalf
of the respective companies
An enterprising leader with excellent decision making, controlling & problem
solving skills; holds the distinction of being recognised for best performance by
several employers
CORE COMPETENCIES
Leadership:
Business Roadmap | Strategic Planning / Policy Formulation | Start-up / Turnaround Management | Financial Control
& Leadership | Change Management | Global Operational Effectiveness | P&L Ownership & Growth Strategy |
Organisational Re-engineering
Functional:
Strategic Financial Planning & Analysis | Corporate Accounts | Budgeting & Forecasting | Project Finance & Credit
Control | M&As | Banking & Treasury Operations | Direct / Indirect Taxation | Internal Audit | Risk Mitigation |
Corporate Governance | Compliance | Due Diligence | SAP Implementation | Resource Management
Establishing high-growth, multibillion dollar operations of
substantial impact, reaching business & profit goals with corporate
financing strategies, cost control & technical solutions
Providing financial and business leadership, strategic consultation,
and guidance on financial issues affecting the organisation;
implementing cost control measures for improvement in top-line
and bottom-line; formulating & implementing policies, procedures
and internal control systems for effective financial operations
Developing, analysing & implementing budgets; monitoring
budgets for deviations, conducting variance analysis and making
recommendations for new or revised budget norms or procedures
Overseeing the smooth execution of all legal contracts & financial
covenants including treasury activities and building relationships
with Bankers & other statutory bodies
Administering Project Finance functions encompassing preparation
of ad hoc working capital proposals for need based requirements;
raining funds through equity contribution from parent company
Overseeing the preparation of financial reports that summarize &
forecast the organisation's financial position and performing data
analysis on maximising profits, EBITDA, better managed cash-flow
and working capital
ARUN VASISHTA
Mobile: +91 - 9868222404
Tel. (Res.): +91 – 11 - 22771592
E-Mail: arunvasishta_nd@yahoo.co.in
Skype ID: arunvasishta_nd
2. Facilitating delivery of a strong corporate governance framework that ensures compliance with statutory
obligations and meets stakeholder expectations; managing the full spectrum of company secretarial matters
Protecting company resources while managing complex international standards, meeting with for eign
governments to set terms, handle community concerns and assure cross-border financial compliance
Driving the implementation of SAP across multiple companies, locations and currencies
WORK EXPERIENCE
Since Jan’13 working with Sunworld Group of Companies, NOIDA & Yamuna Express Way (Real Estate
Developers) as General Manager –Planning, Budgeting & CRM
Role:
Holds the distinction of managing a huge business
volume worth Rs. 1000 Crores
Spearheading the entire gamut of financial operations
including:
o Strategic Planning, P&L Management, Variance
Analysis
o Project Approvals and Loan Disbursement from banks
o Customer Relation Management, Collections
o Statutory Compliance, Fund Flow Management,
Finalisation of Accounts, Taxation, Staff Training
Accountable for devising annual budget and company’s
long-term strategy; introducing tools & systems to
provide critical financial & operational information to CEO
and making recommendations on strategy & operations
Actively involved in engaging the board finance, audit &
investment committees around issues, trends, and
changes in operating model(s) and operational delivery
Participating in key decisions pertaining to strategic initiatives, operating model and operational execution; setti ng
yearly objectives and meeting agendas; selecting & engaging outside consultants (auditors, investment advisors)
Creating forward-looking, predictive models and activity-based financial analyses to provide insight into the
organisation’s operations and business plans
Monitoring implementation of various projects and identifying solutions to bottlenecks, if any
Managing investments from point of view of ROI & cost-benefit; ensuring adherence of actual cost to planned cost
Facilitating long term sustainable cost reduction by eliminating unnecessary complexities that adds cost
Driving maintenance of appropriate internal controls and financial procedures
Ensuring strict legal and regulatory compliances; conducting audits such as Statutory Financial Audit, Cost Audit,
Tax Audit and US GAAP Audit; interfacing with internal & external auditors and preparing annual reports
Establishing tax compliance systems and strategies for the organisation; handling Transfer pricing & scrutiny
cases and getting them assessed; ensuring legal and other compliances
Driving implementation of a new ERP for Real Estate Management Systems for Documentation, Invoicing, Calling,
Collections, Accounts and Taxation
Accomplishments:
Holds the distinction of raising high value funds such as:
o Loans worth over Rs. 250 Cr from banks and NBFCs
o Term Loan of INR 100 Cr for funding of project, involving facilitating proposal and getting the same appraised
Increased revenue growth by 85% via development of strategic financial roadmap
Successfully carried out Tax Planning and handled matters related with Income Tax search & seizure, Service Tax,
finalisation of accounts and statutory compliances
Implemented new analytics and metric based forecasting tool & processes allowing fact-based decision making
Ensured cohesive financial, strategic and operating plans; facilitated allocation of resources, ROI strategies,
profitability growth, financial forecasting / analysis, and performance measurement
Played an instrumental role in automation of:
3. o Financial transactions by developing capacity by introducing ERP in CRM and accounts thereby driving growth
from 500 customers to 2000 customers for multiple projects
o Printing and authorization of multiple legal documents with customers & banks
Developed high performance Finance & CRM Team of 12 members to drive growth & strengthen controls
Feb’11- Jun’12 with Varun Beverages Zambia Ltd., Lusaka, Zambia as Controller - Strategic Systems
Accomplishments:
Spearheaded the entire gamut of financial operations of a Greenfield PepsiCo Bottling Plant at Lusaka, with end to
end accountability of:
o Supply Chain Management, Logistics, Vendor Development, Foreign & Local Payments
o Monthly P& L Management, Variance Analysis and evaluation of various strategies
o E-banking, Foreign Exchange Risk Mitigation, Statutory Compliance, Training, etc.
Facilitated smooth functioning of plant through cost effective inventory and finished product levels
Played a stellar role in stabilising the operations of $ 20 Million Greenfield Project
Drove vendor evaluations and registrations of 125+ vendors
Arranged logistics for 300, 000+ cases per month; attained 15% cost reduction in logistics operations
Apr’10 – Nov’10 with Nationwide Properties Ltd., Kampala, Uganda (Real Estate Company, J/V of
Mukwano Group) as Financial Controller
Accomplishments:
Carried out Real Estate Development Feasibility Review of new commercial projects
Conceptualised business plans, managed funds and undertook performance reviews
Monitored strict statutory compliance and handled Payee, NSSF & Income Tax
Jan’08 – Apr’10 with Mukwano Group of Companies, Kampala, Uganda as Finance Manager
FMCG Company dealing in Edible Oil, Soap, Plastics, Water and Beverages with turnover of $250 Million
Accomplishments:
Functioned effectively as Steering Committee Member and Core User for SAP Implementation across multiple
locations and diversified group companies with forward & backward integration
Monitored payments made to vendors and negotiated favourable payment terms with them
Attained significant reduction in cost of transactions & inventory holding cost of group companies
Successfully reduced number of debtors
Jan’02 - Dec’07 with Arun Vasishta & Co., Chartered Accountants, New Delhi as Partner
Accomplishments:
Carried out Bank Branch Audits and Govt. Company Audits, Tax Audits and Internal Audits and Information
System Audits
Handled e-tendering and e-filing of statutory returns and Income Tax & VAT returns
PREVIOUS WORK EXPERIENCE
May’94 – Oct’01 with UC Gas Engineering Ltd., Gurgaon (J/V, EPC Company of Vam Organics) as Head of
Finance & Accounts
Jul’90 - Apr’94 practiced in New Delhi as Independent Chartered Accountant
EDUCATION
SAP-FI - ERP from CDAC, NOIDA (Government Organisation) in 2007
Post Qualification Course in IT from ICAI, DISA (ICAI) in 2003
C.A. from The Institute of Chartered Accountants of India, New Delhi in 1990
B.Com. from Hans Raj College, Delhi, University of Delhi
TRAINING & SEMINAR ATTENDED
CAAT (Computer Aided Audit Techniques) 100 HRS Training from ICAI in 2004
Seminars on Bank Audit, Information Technology and Taxation
PERSONAL DETAILS
Date of Birth: 3rd
May 1960
Address: Mayur Vihar Phase II, New Delhi - 110091
Languages Known: English, Hindi and Punjabi