RESUMEName : PRADEEP SACHDEVANationality : IndianDate of Birth : 14th November 1953Present Address : A – 1/52, Janak Puri New Delhi – 110 058 Mobile: +91 9999280514Passport Number : H-3786635 valid till 22.02.2019Marital Status : MarriedAcademic : B.Com. (Hons.) from Delhi University in 1973 Hr. Secondary from Hartcourt Buttler School in 1970 with Science subject.Professional:Fellow member of the Institute of Costs & Works Accountants of India passed in 1977.PROFESSIONAL EXPERIENCEJoined on 28th September’ 98 – General Manager (Finance & Accounts) and nowworking as Chief Financial Officer.M/s Triune Energy Services Pvt. Ltd. formerly known as M/s Saipem TriuneEngineering Pvt. Ltd., New DelhiThe Triune Group, through their company Triune Projects Pvt. Ltd. has been involved inDesign & Engineering Services for the Oil & Gas, Refinery and Petrochemical Industriesin India and Overseas. In India, they are now an important Engineering Consultant forONGC’s Offshore and Onshore Fields and have done many engineering jobs for IndianOil Corporation, Oil India Ltd., Bharat Petroleum, Hindustan Petroleum, Reliance andothers. Overseas, they have done the engineering for major projects owned by Exxon,Total, Petro Vietnam, Petro Brazil, BHP Petroleum of Australia, etc. Last year theirbusiness mix was about 70:30 in Overseas versus Indian work. Triune has a uniqueposition in Deepwater Projects having designed around eight Floating Production,Storage and Offloading facilities, which requires cutting edge skills of the Industry.Triune Energy Services has been accredited to ISO-9001 and all systems andprocedures are in line with requirement of ISO 9001:2008.)I am working as Chief Financial Officer (CFO) and responsible for policy making,planning, monitoring, controlling and management of all aspects of the finance functions
and reporting to the Chairman directly along with Board of Directors also and include thefollowing: Finalization of accounts of the Company (IGAAP/VSGAAP/SOK) including transfer pricing, data preparation, audit and preparation and submission of transfer pricing returns and compliance of all accounting standards. Finalization & submission of returns to Registrar of Companies. Submission of Income Tax Return (Direct Tax) including advance tax calculations and planning. Liaison with Internal / Statutory Auditors. Liaison with Bankers for issue of Bank Guarantee Limits and issue of Performance Bank Guarantee as required for different projects. Finalization & submission of Service Tax Returns (indirect Tax) to Service Tax Department. Liaison with Income Tax Department for appearance before Assessing Officer up to Commissioner level for notices received u/s 143 (1) and 143 (3). Managing employees Provident Fund. Involved in finalization of salary package for the employees. Finalization & submission of Returns relating to Tax Deducted at Source. Issue of Form 16 & 16A for the Tax Deducted at Source. Finance vetting for purchase proposals relating to projects including (Award of AMC, Purchase of Computers, Software, etc.) Treasury management functions. Secretarial Compliance Reports. Project Profitability Reports. Calculation of man-hour rate Calculation of overhead percentage Liaison with Reserve Bank of India regarding foreign exchange regulations. Maintenance of Superannuation scheme. Preparation of Revenue & Capital Budget. Making all vendor payments Liaison with advocates for legal matters including drafting, litigation and arbitration. Heading team of implementing cost saving measures in the organization Responsible for designing of commercial contracts and implementing commercial control to mitigate potential liabilities. Involved in due diligence of the company for making the joint venture company.April’ 96 to September’ 98 – Corporate In-charge of Delhi OfficeM/s H C Kothari Group of Companies, New DelhiImportant areas of specialization were as under:- Finalizing of lease proposals Finalizing of hire purchase proposal Mobilization of fixed deposits Timely collection of rentals from different clients Liaison with the government / financial institution for getting the clearances of different proposals relating to company’s activities like sanction of ECB, term loan etc.
From 1980 to 1996Engineers India Limited (EIL), New DelhiLooking after the following activities:-A) 1992 – 1996 Compilation of annual accounts of the company Liaison with statutory auditors of the company. Liaison with Government Auditors. Incharge of Time Sheet section. Incharge of Punching Department. Concurring final proposal relating to the clients of EIL Involving in giving the presentation to different banks for investment proposals. Conversion of preparation of cheques through computer instead of manual preparation. Co-ordination with all Departments of the Accounts i.e. o Vendor Section o Billing Section o Bank Section o Cash Section o Payroll Section o Medical Section o Provident Fund Section o Punching Section Co-ordination with System Department to computerize the manual areas of working of Accounts Department. Co-ordination with System Department to keep-in position the different software required for working of Accounts Department.B) 1985 – 1992 Incharge of Payroll Section (Central DA, Industrial DA) for Head Office and Site Offices controlled by Head Office. Incharge of Income Tax calculations of employees from the salaries. Incharge of Loan Section covering maintenance of different accounts of loans given to employees. Preparation of Pay Arrears of all officers of the Organization as a result of the Supreme Court Orders within one month of receiving the order from Bureau of Public Enterprise. Preparation of Pay Arrears of all workers as per the agreement with the Management in the record time. Submission of all returns relating to Tax Deducted at Source to Income Tax Department and also getting it cleared from them. Submission of all relevant returns to Employees Provident Fund Organization regarding family pension matters. Co-ordination with System Department for upgradation of the Payroll Software including loans and advances. Concurring final proposal relating to the clients of EIL.
C) 1980 – 1985 Joined in the Budget Section of the Organization and was involved in preparation of Revenue & Capital Budget. Revenue Budget was prepared by having close co-ordination with Systems Department to prepare the program and give the different reports in the form of Department wise profitability and job wise profitability. Preparation of Revenue Budget also involved compilation of the man-hours required for completion of the job. Revenue calculation also involved for reimbursable jobs, lumpsum jobs and turnkey jobs. Revenue calculation also involved preparation of jobs work in progress. Presentation of Revenue including revised and Capital Budgets to all the Departmental Heads in the presence of Management.From 1977 to 1980Indian Drugs & Pharmaceutical Ltd., New DelhiResponsibilities for the following activities:- Preparation of cost sheets of formulation and bulk drugs and presenting the same to the management for corrective action. Fixation of standard cost for each and every formulation and bulk Drugs and comparison of the same with actuals to find out variance analysis Preparation of revenue and capital budgetFrom 1973 to 1977New Bank of India, New DelhiResponsible for the following activities:- Scrutiny of loan proposals of the client for the purpose of sanctioning the limits. Analysis of the balance sheet of the existing clients for maintenance of the limit. Responsible for doing day to day activities as and when required.EXTRA CURRICULUM ACTIVITY:-Took active interest in teaching in the Institute of Costs and Works Accountants of Indiaand Institute of Chartered Accountant of India for the following subject from the period1977 to 1995 :- Costing Advance Accounts Financial Management TaxationCurrent CTC : Rs. 30.00 Lacs P.A.
References1. Mr. P. K. Rudra Former Chairman & Managing Director Engineers India Ltd. (EIL) New Delhi, India. Mob. : +91 98100 224792. Mr. P. K. Saha Chief Executive Officer & former Director – Commercial in EIL Triune Energy Services Pvt. Ltd. New Delhi, India. Mob.: +91 98103 11470