This document provides a summary of Lalit Sanjeva Bhandary's professional experience and qualifications. He has over 18 years of finance experience in industrial settings and 4 years in non-profits. He holds a Master's in finance and engineering degrees. His technical skills include accounting, budgeting, cash flow management, and financial reporting under various standards. He is proficient in SAP, Hyperion, and Microsoft Office applications. He seeks challenges and aims to contribute to decision making through his expertise in finance and engineering.
Advanced Technology for Auto Part Industry Inventory Solutions
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1. Lalit Sanjeva Bhandary ACMA, CGMA
Mobile No.: +31 6 45 961 566 Email:lbhandary@hotmail.com Address: Octavianus 12, 3962 LW, Wijk bij Duurstede.
https://www.linkedin.com/in/lalitbhandary
A freshly passed out CIMA professional with Master’s in Management Studies (specialisation -
Finance, MBA) and Bachelor of Engineering (Production) has 18+ years of hard-core industrial
finance experience and 4 years of non-governmental organisation experience. My expertise can add
values to your esteem organisation in the areas of Financial Planning and Control, ERP
implementation, Business Control, Project Management, Governance & Risk Management, Strategy
Building and Management Reporting. I seek challenges, customer focused and always thrived for
optimal deliverables.
Technical skills:
● Accounting ● Financial Administration ● Budgeting and Project Planning
● Cash-flow Management ● Banking & Treasury ● Financial & Management Reporting
Worked under IFRS, Dutch, Indian, German & Italian GAAP, Multi-national and Multi-cultural set-up.
Systems experience:
SAP, Sun Accounting System, BaaN, Vision, YoB, Fluxx (Grants management system), Hyperion, MS-
office (Excel, Word, Power-point, Access – advanced user level), Windows, Fox Pro and Basic.
Having engineering background, my deliverables are always system oriented whereby I seek to bring
efficiencies and synergy in operations/reporting. It is the bye-product of the main financial tasks
when executed.
Soft competencies:
Teamwork skills – I work effectively with anyone with different skill sets, personalities, work styles,
or motivation level to achieve a better team result.
Interpersonal relationship skills – I have been effective at building trust, finding common ground,
having empathy, and ultimately building good relationships with people in my network.
Leadership skills – I can define, communicate visions and ideas that inspires others to follow with
commitment and dedication.
Mentoring / coaching skills – I provide constructive guidance, wisdom and feedback that can help
others further their career development
Goal:
I wish to excel in my career. With the expertise of an engineer and finance profession, I am confident
of my deliverables and contributing effectively towards 'decision making’ undertaken by
management / supervisor. In the near future I expect to take crucial decisions for the company and
undertake more important roles.
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2. Education:
January 2012 – April 2016 : CIMA (Chartered Institute of Management Accountants) professional
Designated ACMA, CGMA since April 15, 2016.
November 2008 - July 2009 : Diploma in Dutch language -The state exam NT2
Dutch as second language (B2 level)
James Boswell Instituut (Universiteit Utrecht)
June 1989 - June 1991 : Master of Management Studies (M.M.S. - Finance)
Narsee Monjee Institute of Management Studies, Mumbai
Bombay University, Mumbai, India. – with First Class
(Nuffic Internationale Diploma Waardering:
Mastergraad HBO, richting management (MBA)
June 1984 - June 1988 :Bachelor of Engineering (B.E.- Production)
Walchand Institute of Technology, Solapur, India,
Shivaji University, Kohlapur, India - with Distinction
Work experience:
>Greenpeace International (GPI): Amsterdam - 22nd
Jan, 2015 – 21st
Jul, 2015
Management and Treasury Accountant
I had 6 months contract where I had to offer help on the following task,
- Lead in the preparation and financial management of the organization’s budgets.
- Assist the Financial Controller in the provision of financial, management and statutory
information.
- Assist the Financial Controller in the management of the organisation’s treasury function.
- Perform other ad-hoc tasks commensurate with the expected level of skill and expertise of
the role.
Reason for leaving: This job contract was for 6 months.
>European Climate Foundation (ECF): The Hague - 1st
Aug,2012 – 11th
Sep,2014
Finance & Grants Manager
- Financial management; Overall in charge of financial resources, financial planning & control.
- Support to CEO & the leadership team on all financial issues and making management reports.
- Delivering audited annual financial statements and implementation of audit recommendations.
- Daily accounting and financial tasks, including cash management and FOREX.
- Principal lead with auditors, banks, external accountants, advisors and others as required.
- Budget management; Preparing of corporate annual budget and forecasting each month.
- Support to ECF programmes staff/grantees in building, controlling & monitoring budget.
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3. - Grants Management; Management of grant policies and procedure.
- Overall administration and execution of grants, legal & compliances and funder reporting.
- Advising and training of staff and grantees on grant procedures and financial
management.
- Others; Ensuring financial due diligence of grantees & support to HR on payroll.
Reason for leaving: Furthering CIMA studies with an eye on seeking more challenging position.
>Greenpeace International (GPI): Amsterdam - 17th
Jan, 2011 – 31st
Jul, 2012
Management and Treasury Accountant
- Assisted the Financial Controller in the construction and review of the GPI annual budget.
- Responsible for the monthly budget holder’s financial reports and liaison with budget
holders.
- Assisted the Financial Controller in producing and analyzing year-end financial reports
and statements.
- Provided information and input ensuring appropriate decisions were reached with
regards to treasury management, investment decisions, foreign currency and risk
management.
Reason for leaving: Left GPI as ECF gave me better offer in terms of salary and position.
>Infinitas Learning Holding B.V.(ILH): Houten - 15th
Sept 2009 – 31st
Mar, 2010
Group Operations Analyst
- Improved the operational processes & identified the best practices in the group
companies.
- Collected data from OPCo, analyzed for improvement and bring in synergy in the
processes.
- Developed operational KPI’s.
- Supported various projects like Vendor Rating, Spend Analysis, Forecasting and Stock
Control.
- Implemented new strategies, examined the trends and suggested improved next steps.
Reason for leaving: The company was closing down and retrenching staff.
>Moved to The Netherlands - 23rd
Sep 2008
>GSA GmbH:Aalen and Schöneweiss GmbH:Hagen, Germany - 1st
Jan 2007 – 31st
Aug,2008
(subsidiaries of Mahindra and Mahindra Ltd.,(M&M), Mumbai, India.)
Business Unit Controller
- Consolidation of Accounts from German child-company to Indian parent company M&M Ltd.
- Overall business and financial planning and control of 2 child companies.
- Carry out ad-hoc assignments and management reporting to ensure all compliances.
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4. - Build Strategies for bringing synergy in merger by mapping processes through SAP.
Reason for leaving: Moved to The Netherlands to join my life partner.
> Mahindra & Mahindra Ltd.(M&M): Mumbai, India - 1st
Oct 2005 - 31st
Dec, 2006
Manager Finance
- Started in the Corporate Affairs department, doing business analysis for the Auto sector
(biggest of the six business units of Mahindra & Mahindra Ltd.).
- Informed the supervisor on the international / local automotive industry and emerging
economic / financial trends in the industry. Implementing special assignments as directed by
management.
- Coordinated the management meetings, informed the board about the performances of the
sector, improvisation, made recommendations for future actions and highlighted financial
performances.
- Ensured that the financial administration of the German subsidiaries complied with the legal &
Indian GAAP formalities.
- Complied with the requirements of the Management Information System (MIS).
- Ensured compliance with funding requirements, transactions and formalities.
Reason for leaving: I was transferred to German project
> Zoom Developer Private Ltd.: Mumbai, India - 1st
Sep, 2004 – 15th
Sept, 2005
Business Development Manager
- Evaluated business / project proposals which were received through financial intermediaries.
- Restructured & developed business strategies. Planned exit/disinvest options.
- Advised the management about acquisition, establishing monitoring and reporting system.
- Provided back-office support to the local staff at the forefront of acquisitions.
Reason for leaving: The job was very hypothetical and felt like joining back automobile industry.
>Fiat India Private Ltd.(FIAL): Mumbai, India. - 1st
Oct, 1997 – 31st
Aug,
2004
Financial Controller.
- Visited several times to Fiat headquarters in Turin, Italy to familiarize with the financial set-
up.
- Executed financial planning & control, preparation of budgets, forecasts and performing
variance analysis.
- Installed financial modules in BaaN system. Did financial re-engineering from manual to ERP
processes.
- Made various analyses such as demand & supply, aging & gap analyses and financial feasibility
studies.
- For a short period worked as Executive Assistant to the Managing Director.
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5. Reason for leaving: After 15 years with the same company, I wanted to have different experience.
>The Premier Automobiles Ltd. (PAL): Mumbai, India - 24th Jan – 30th Sep, 1997
Manager Finance
- Initially I joined the Purchase department.. My job was to purchase proprietary items.
> From June 1989 to June 1991 I took study leave at PAL to pursue MBA study.
- In August 1992 I was transferred to the Finance department where I was an Accounts Officer.
- In 1995 I was appointed as Finance Manager. During my career with PAL, I had opportunities
to work in all sections of accounts and finance. My major tasks were,
- Monitoring / procuring long-term finance, providing financial information to financial
institutions, compliance with interest rate and repayments.
- Briefing our lenders on project technical issues and kept them updated on the project’s
progress.
- During this tenure I got opportunities to handle every pockets of bookkeeping including
treasury activities, receivables, payables and capital expenditure.
- I handled costing department and computerisation of finance department.
Reason for leaving: I was transferred to FIAL as Fiat Spa, Italy took over PAL.
Other details:
Nationality : Dutch
Date of Birth/Place : 08-May-1967 / Mangalore, India.
Driving Licence : B
Hobby's : Gardening, Sketching, Cooking and Sports (Football, Hockey, Cricket)
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6. Reason for leaving: After 15 years with the same company, I wanted to have different experience.
>The Premier Automobiles Ltd. (PAL): Mumbai, India - 24th Jan – 30th Sep, 1997
Manager Finance
- Initially I joined the Purchase department.. My job was to purchase proprietary items.
> From June 1989 to June 1991 I took study leave at PAL to pursue MBA study.
- In August 1992 I was transferred to the Finance department where I was an Accounts Officer.
- In 1995 I was appointed as Finance Manager. During my career with PAL, I had opportunities
to work in all sections of accounts and finance. My major tasks were,
- Monitoring / procuring long-term finance, providing financial information to financial
institutions, compliance with interest rate and repayments.
- Briefing our lenders on project technical issues and kept them updated on the project’s
progress.
- During this tenure I got opportunities to handle every pockets of bookkeeping including
treasury activities, receivables, payables and capital expenditure.
- I handled costing department and computerisation of finance department.
Reason for leaving: I was transferred to FIAL as Fiat Spa, Italy took over PAL.
Other details:
Nationality : Dutch
Date of Birth/Place : 08-May-1967 / Mangalore, India.
Driving Licence : B
Hobby's : Gardening, Sketching, Cooking and Sports (Football, Hockey, Cricket)
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