Successfully reported this slideshow.
Your SlideShare is downloading. ×

STRATEGIC CFO- REMOTE, INTERIM & PART TIME.pdf

Ad
Ad
Ad
Ad
Ad
Ad
Ad
Ad
Ad
Ad
Ad
Upcoming SlideShare
SENIOR FINANCE PROFESSIONAL
SENIOR FINANCE PROFESSIONAL
Loading in …3
×

Check these out next

1 of 2 Ad

STRATEGIC CFO- REMOTE, INTERIM & PART TIME.pdf

Download to read offline

Action oriented finance professional with 20+ years of consistent track record of performance in the diversified business sectors in listed & private companies. In my capacity as a senior finance leader, I was instrumental in driving top-line growth, improve profitability, cash flow and operating efficiencies, increase resource productivity, building teams and establishing robust corporate governance standards and risk management framework.

Demonstrated capabilities in managing rapid growth, P&L as well as turnaround, while keeping a close eye on governance & organizational development. Recognised for bringing significant value through superior governance, focused commercial guidance & strategic decision support through data analytics. Apt in establishing business collaboration & partnership, influencing decisions and developing actionable insights and recommendation to deliver stellar results.

Expert in controlling & business partnering, policy formulation, strategic planning for growth, fundraising, M&A, tax planning & strategy, business & corporate restructuring, developing profit improvement plans, incubating growth strategies, execution of tactical plans, developing long range business plan, financial transformation, cost optimisation, re-engineering of internal processes & systems to improve productivity & controls and institutionalize financial planning & forecasting processes to drive profitable growth.

In-depth experience in Financial Planning & Analysis, Financial and Cost Excellence, Accounting & Financial Reporting-INDAS, IFRS & USGAAP, Fiscal Tool Design & Execution, Budgeting, Forecasting, MIS, Cost & Pricing Analysis, P&L Management, Strategic Planning & Risk Management, Treasury, Taxation, Investment, Cash Flow Management, Cost Accounting, Capital Budgeting, Organisation & Process Re-engineering, Team Development, Governance & Stakeholder Relations.

Action oriented finance professional with 20+ years of consistent track record of performance in the diversified business sectors in listed & private companies. In my capacity as a senior finance leader, I was instrumental in driving top-line growth, improve profitability, cash flow and operating efficiencies, increase resource productivity, building teams and establishing robust corporate governance standards and risk management framework.

Demonstrated capabilities in managing rapid growth, P&L as well as turnaround, while keeping a close eye on governance & organizational development. Recognised for bringing significant value through superior governance, focused commercial guidance & strategic decision support through data analytics. Apt in establishing business collaboration & partnership, influencing decisions and developing actionable insights and recommendation to deliver stellar results.

Expert in controlling & business partnering, policy formulation, strategic planning for growth, fundraising, M&A, tax planning & strategy, business & corporate restructuring, developing profit improvement plans, incubating growth strategies, execution of tactical plans, developing long range business plan, financial transformation, cost optimisation, re-engineering of internal processes & systems to improve productivity & controls and institutionalize financial planning & forecasting processes to drive profitable growth.

In-depth experience in Financial Planning & Analysis, Financial and Cost Excellence, Accounting & Financial Reporting-INDAS, IFRS & USGAAP, Fiscal Tool Design & Execution, Budgeting, Forecasting, MIS, Cost & Pricing Analysis, P&L Management, Strategic Planning & Risk Management, Treasury, Taxation, Investment, Cash Flow Management, Cost Accounting, Capital Budgeting, Organisation & Process Re-engineering, Team Development, Governance & Stakeholder Relations.

Advertisement
Advertisement

More Related Content

Similar to STRATEGIC CFO- REMOTE, INTERIM & PART TIME.pdf (20)

More from Sanjay Bokadia (20)

Advertisement

STRATEGIC CFO- REMOTE, INTERIM & PART TIME.pdf

  1. 1. Page 1 of 2 CA SANJAY BOKADIA CHIEF FINANCIAL OFFICER Interim, Remote, Part Time & Special Project CFO | Expert Strategic Decision Support | Strong Project Execution Capabilities | 100% Delivery of Finance KPIs | Team Skills Development | Need Based F&A Outsourcing Support Healthcare | Copper Alloys | EPC & Real Estate | Telecommunication | Pharma Capsules | Paper | Floriculture A highly accomplished and action-oriented finance & business management professional with 25+ years of consistent track record of performance in the diversified business sectors. Possess outstanding leadership skills in people & organization development, business collaboration & partnership, governance & stakeholder relations. Highly analytical with outstanding commercial acumen and superior interpersonal skills, capable of resolving complex issues in sales, marketing, procurement, supply chain, legal, human resources & information technology. Recognised for bringing significant value through superior governance, focused commercial guidance, business transformation, cost & process improvements and strategic decision support. Proven Areas of Expertise Notable Career Achievements Independent Consultant-Finance, Strategy, Tax, M&A & Risk Management, Mumbai 07/2021- Present • Virtual CFO: Providing business consulting & strategic decision support to SMEs & Start-Ups in the areas of finance, growth, strategy, tax, risk management & financial performance improvements (Clients- Mumbai, Thane, Pune, Vadodara & Udaipur). • Advisor-Audit, Assurance & Tax with Mayur R Shah & Co, Chartered Accountant, Mumbai, a 20 years old firm, providing technical guidance, advisory and review projects in the areas of statutory audit, internal audit & income tax matters. • Corporate Finance Consultant- leading fund raising, debt re-financing, balance sheet restructuring, investment and M&A advisory projects. Currently handling 3 mandates on M&A, Strategic Investment & Capital Restructuring Projects. Professional Work Experience Designation Organisation Location Service Tenure Group CFO Surya Hospitals Group (Mumbai, Pune & Jaipur - 4 Hospitals) Mumbai-India 07/2020 - 06/2021 35 years old leading chain of hospitals. Reported to the Group CEO, worked with the board and directed a team of 10, encompassing Finance, Accounting, FP&A, Tax, Procurement, SCM, Projects, Legal, Billing, RCM, Internal Audit, Revenue Assurance & IT. • Hired to lead growth, expansion/new specialities, M&A, financial transformation, cost optimizations, processes improvements, implementing new HIMS systems, develop governance policies & processes & strengthen business & financial decision-making. • Directed a team of 50 people- 4 hospitals and streamlined finance, procurement, billing, legal & IT operations. Built a strong 2nd line team in the finance & procurement. Standardized policies and re-engineered financial processes and internal controls. • Developed and implemented business improvement plans, resulted in quick recovery of revenue growth impacted by covid 19 to pre covid level. Performed detailed due diligence of 2 O&M opportunities. Turnaround Jaipur Hospital to EBITDA break-even. • Re-negotiated leases- reduced rent by 10% for 2 years. Negotiated 10+ other supply & service contracts with significant saving in operating cost. Achieved procurement savings by 18% and slashed SG&A cost by 10% through operational excellence. • Implemented risk & governance framework, SOPs, ICFR & DOA. Formulated risk based internal audit plan & programs. Re- designed MIS reporting & KPIs tracking systems. Implemented cost accounting system and strengthened legal processes. • Growth & Strategic Planning • Strategy Development & Execution • Budgeting, Forecasting & AOPs • Domestic & International Tax • Financial Planning & Analysis • Merger, Acquisition & Restructuring • Accounting & Financial Reporting • Systems, Processes, Policies & SOPs • Controllership & Business Partnering • Fundraising, Treasury & Investment • MIS, Business & Performance Analysis • IND AS, IFRS, USGAAP, SOX & IFC • Developed Strong 2nd Line Leadership Team in Finance • Developed Data Driven Decision Making Processes • Designed MIS Reports & Real Time KPI Tracking System • Developed Tools & Processes for Planning & Forecasting • Part of 10 M&A, JVs & O&M Deals ($60MM - $20BN) • Led 3 Corporate & Legal Entity Restructuring Projects • Led 100+ Cost Control & Process Improvement Projects • Led IPO Readiness and Shared Service Projects • Maintained 100% Integrity of Financial data & Reports • Established Performance & Result Driven Culture & System • Implemented Robust Governance & Risk Management System • Developed 500+ Financial Models, including Business Plans • Developed Budget Metrics/Format-Multi Product & Services • Designed Financial Systems & Process Controls Policies • Achieved 90%+ Revenue, Profit & CF Targets (Last 10 Years) • Led Debt Fund Raise worth $1 Billion (Project/Acquisition) • Executed 5 Business Restructuring & Turnaround Projects • Executed 5 Complex Tax Planning & Restructuring Projects
  2. 2. Page 2 of 2 • Reduced revenue leakages to 0.3% (1.5%). Saved doctor fee cost by 0.65% of revenue. Reduced ETR by 0.5%. Reduced DSO to 30 days (50), inventory holding to 15 days (30). Managed annual budget, quarterly forecasts & developed a 3 years LRPs. Director & Managing Partner DPR Capital Advisors Pvt Ltd Mumbai-India 07/2017 - 06/2020 Co-founded boutique investment & corporate finance advisory firm, providing advisory services in the areas of project funding, debt restructuring, M&A, capital/balance sheet restructuring, start-up incubation, investment management & outsourced CFO. • Led a team of 5 partners, delivered debt funding/re-financing projects worth $100MM.Advised on 2 SME IPO readiness projects. Led 3 balance sheet restructuring projects and developed 14 project reports and strategic business plans for start-ups and SME. • Acted as Virtual CFO & business consultant for 15+ SMEs & Start-Ups. Led 50+ tax planning, structuring & advisory projects (domestic & international tax). Achieved cost savings in excess of $1.2MM for various clients. • Led multiple consulting projects to identify process control gaps and instrumental in re-engineering & automation of financial processes (P2P, R2R & O2C) including implementation support of ERP/BI/HIMS/IT systems. Group CFO Indigo Metals Group (Non-Ferrous Metals) Mumbai-India 01/2013 - 06/2017 ISO9001:2008 certified manufacturer of copper & copper alloys products, providing metallurgical solutions to ACR, Heat Exchanger, O&G, electric cable & Ship Building sector. Reported to the MD and directed a team of 12 (Direct Reports). • Hired to lead business turnaround, debt restructuring, increase capacity utilisation, product diversification, job work & contract manufacturing, improve operating & overhead cost and strengthen commercial and strategic decision-making processes. • Directed a team of 30 people across finance, strategy, corporate development, SCM, import & export, legal & IT. Streamlined systems, processes and policies, implemented SOPs and cost accounting systems and restructure plant commercial operation. • Partnered with MD by providing value-based consultation to achieve revenue growth of CAGR 18% for FY13-17 to (FY13: 10%), EBITDA margin 14% (FY13: 9%) and increased capacity utilisation to 60% (FY13: 40%) within 9 months. • Increased price realization by 9% per kg (product mix). Reduced fabrication cost by 3.5% per KG (productivity). Slashed annual SG&A cost by $2 MM. Negotiated $8.5MM debt restructuring. Instrumental in finalising JVs with a leading Metal Trading Group. • Reduced working capital cycle to 30 days (50). Reduced DSO to 40 days (70) and inventory holding to 7 days (15). Successfully handled VAT & Income Tax Litigation of last 5 years & represented company with tax authorities to resolve pending litigation. CFO - West, South & East Fortis Healthcare Ltd Bengaluru-India 12/2009 - 01/2013 Integrated healthcareservices provider, with 4,000+ operationalbeds & over400 diagnostics centres.Reported to theCEO, worked with the COO, Board & Unit leadership team (14 Hospitals-Mumbai, Bengaluru, Chennai & Kolkata) and directed a team of 8. • Hired to lead Wockhardt Hospitals acquisition, drive growth- M&A, JV, O&M, capacity expansion, improve cost & profitability, restructure accounting & finance operation and strengthen business planning & strategic decision-making process. • Led a team of 150 people (14 Hospitals) in Finance, Strategy, Capex Procurement, Legal, Billing, RCM & IT. Set-up HO finance & controlling function from scratch. Streamlined finance, billing, legal & IT operations. Implemented SOPs, ICFR & DOA. • Integrated $160MM Wockhardt Hospitals acquisition. Developed & implemented business improvement plans. Achieved 30% CAGR revenue growth (FY10: 12%) & EBITDA Margin of 15% (FY10: 11%). Turnaround 4 hospitals to EBITDA break-even. • Led fund raising projects worth $1BN+ (expansion, new projects & acquisition). Led 5+ JV, O&M, Asset Lease Deals & Green Field Projects. Slashed annual SG&A cost by $3MM through operational excellence. Reduced doctor fee by 1.5%, revenue leakages to 0.3% (0.7%) & TPA disallowance to 1.5% (4%). Reduced DSO to 25 days (50 days) and Inventory holding to 21 days (40 days). • Key team member of projects - business re-organisation, corporate restructuring, shared services, RHT REIT listing-SGX, Oracle & HIMS integration, pathology and support services outsourcing, leasing of property and procurement of medical equipment’s. VP – Finance & Head Group Operation Al Fara’a Construction & Engineering Group UAE 09/2008 - 08/2009 Head–Corporate Finance & Accounts Vodafone India Ltd (Hutch Essar) Mumbai 07/2006 - 07/2008 Sr Manager–Corp Finance & Accounts Tata Communication Ltd (VSNL) Mumbai 05/2005 - 07/2006 Manager – Corp Finance & Accounts ACG Worldwide (Associated Capsules) Mumbai 09/2002 - 10/2004 Manager – Finance & Accounts Mahadev Paper/Deccan Flora Base Ltd Mumbai 01/1995 - 09/2002 Article/Audit Clerk (Intern) Sampati Lal Bohra & Co, CA Udaipur 10/1991 - 09/1994 Qualification & IT Skills ▪ Chartered Accountant form the Institute of Chartered Accountants of India, New Delhi, 1997 (Final 1st Attempt) ▪ Bachelor of Commerce (B. Com) from the Mohan Lal Sukhadia University, Udaipur, Rajasthan, 1991 (Throughout 1st Class) ▪ IT Skills/Financial Systems: SAP, Oracle, MS NAV, Hyperion, Healthcare HIMS, Tally, QuickBooks & MS Office Additional Information Language: English & Hindi (Native) | Age: 49 | LinkedIn: https://www.linkedin.com/in/bokadiasanjay/ Contact: Mobile: +91 9867374066 | Email: sanjaybokadia@yahoo.co.in | Current Location: Mumbai-India Professional references of repute will be available from the client, industry CXO, ex-reporting managers & BIG4 audit firms

×