This document provides a summary of SUDIPTA CHAUDHURI's professional experience and qualifications. He has over 18 years of experience in commercial project management, contracts, accounting, and performance controlling in the iron and steel industry. Currently he works as the Head of Commercial & Business Administration at Primetals Technologies India, managing a team of 40 professionals. He is seeking senior level assignments in accounts, finance, or commercial roles in the iron/steel, power, or heavy industry sectors.

1. Unrestricted
SUDIPTA CHAUDHURI
Mobile: 09831042934
Phone: 033 24185098
E-Mail: chaudhurisudipto@yahoo.com
Seeking senior level assignments in Accounts &
Finance/ Commercial area preferably in Iron & Steel/Power/Heavy Industry sector
PROFILE SUMMARY
Performance Driven Professional with 18 years of rich & qualitative experience in Commercial project
management, Contracts and claim with exposures in accounting & performance controlling majorly in Iron &
Steel Making domain; a driver in facilitating change through redesign of internal operating and business
processes. Currently working in Primetals Technologies India Pvt Ltd, a joint venture of Siemens and Mitsubishi, as
Segment controller in Electrics and Automation with sole responsibility of acquisition and execution of business and profit
and loss ownership.
Also experienced in managing the overall finance, accounts & Commercial functions with Strategy Planning, Profit Centre
& Fund Management, Budgeting, Accounting, MIS, Cost control, Direct & Indirect Taxation and Statutory Compliance
across the tenures.
A skilled management professional and business solutions specialist: commercial/business manager. Tenacious, creative
strategic thinker with a hands-on approach and a proven ability to find practical solutions to complex issues. Driven by
the challenge to maximise commercial effectiveness of a business through whatever channels necessary, taking a holistic
view across the whole commercial framework and operation. Committed to learning by the transfer of commercial
principles across industries and to the promotion of innovative and pioneering initiatives within an organisation.
Experienced in implementing financial procedures, maintenance & finalization of accounts as per statutory requirements
and liaising with tax authorities for addressal of taxation matters, whenever necessary.
Proven ability to improve operations, impact business growth and maximize profits through achievement in financial
management, internal controls / efficiency improvements; excellence in managing techno-commercial, project
execution and project finance assignments. Understanding in formulating budgets, implementing
systems/procedures, conducting Business Forecast for the Key parameters, preparing key reports to exercise
financial control and enhancing overall efficiency of the organisation.
Core Competencies
STRATEGIC FINANCIAL PLANNING:
· Handling finance functions involving determining financial
objectives, Designing & implementing systems, policies &
Procedures to facilitate internal financial control.
· Formulating need - based business strategies for long
term and short term goals of the organization for
maximizing profitability & revenue generation & realizes
organizational goals.
· Instituting internal control system viz. debtors'
management, cash flow monitoring, as well as keeping a
constant vigil over overhead expenses.
· Liaising with banks for optimum utilization of available
cash credit limit; taking care of financial systems and
management procedures by means of proper budgeting
& ensuring that controls are adequate.
· Administering treasury functions including optimum
utilization of surplus funds; controlling management of
funds & securities ensuring pay-in/ pay-out of funds in
time without fail
PROJECT FINANCE
· Screening new projects and conducting feasibility studies, projecting cash flow &
ROI and apprising management of potential future profitable projects.
· Monitoring projects with respect to cost. Resource deployment, Time over-runs,
Quality compliance and manpower planning to ensure timely execution of
projects.
Date of Birth:27th
July, 1968
Passport No : G7467741
Residential Address: 1/1, Santoshpur East
Road, Kolkata – 700075, West Bengal, India

2. Unrestricted
· Preparing project reports, working capital loan applications and arranging for term loans from financial institutions
and working capital loans from banks.
FUND MANAGEMENT / BUDGETING
· Formulating regular budgets and conducting variance analysis to determine difference between projected figures &
actual expenditure and implementing corrective actions.
· Liaising and negotiating with banks and financial institutions for raising funds and non-funds based facilities to meet
working capital and project requirements.
· Managing treasury functions involving optimum utilization of surplus funds in profitable investments to achieve
higher returns, ensuring minimum liquidity position.
CORPORATE PLANNING & SYSTEMS:
· Involved in corporate planning during organizational restructuring at all levels.
· Involved in formulation of various systems, policies, procedures, commensurate with the need of the company,
· Involved in Financial projections of collaborations / joint ventures envisaged.
ACCOUNTS / MIS / AUDIT:
· Preparing & administering the finalization of year-end financial statements as per Indian GAAP and
IFRS accounts.
· Handling preparation and maintenance of various books / registers of all the group companies.
· Making MIS reports to provide top management with the feedback on performance. Preparing cash flow /
funds flow statements to track the inflow / outflow of funds, ensuring optimum utilization of available funds
towards the accomplishment of organizational goals.
· Supervising accounts audits of all the group companies and dealing with statutory and internal auditors.
Success and Achievements:
· Develop a core team for Internal Control Systems o comply SOX requirements – documentation, validation and
reporting.
· Lead manager for implementation SAP system in the division, mainly, in FI/CO and SD/PS domain.
· Introduced Overhead Recovery system- Formulated man-hour rate computation system in Siemens MT India to
capture true under-recovery of man power used in various functional segments in the division. The mechanism helps
to improve true costing pattern of the projects and to calculate the charge out rate of the division.
· Capacity Utilization module- Develop the personal planning module considering the on-going and future project
intakes to assess right mix of project execution team and improve capacity utilization.
· Claim Management Systematic- Formulate strategy of claim for mainly “A” & “B” category projects and establish a
contract claim team in MT.
· Financial Systematic- Introducing Project Cost Monitoring( PCM) systematic.
· Successful in finalization of statutory accounts without any qualification from Auditors ( PWC, KPMG, E&Y).
· Successfully implemented Internal Control System (ICS) as per Siemens standard.
· Led a 7 member team in Finance and Accounts.
COMMERCIAL AFFAIRS:
· Leading a team of 40 individuals for planning and monitoring of key business drivers like revenue, gross margin,
cash flow and SG&A costs.
· Managing functions related to purchase of imported / indigenous capital goods items for project execution.
· Handling Contractual claims related to Customers as well as vendors
ORGANIZATIONAL EXPERIENCE
Primetals Technologies India Pvt Ltd , formerly Siemens Ltd (Metals Division); Current
position - Head of Commercial & Business Administration ( Electrics & Automation)
Key Projects handled in project execution :
· Tata Steel Billet Caster #2, JSPL BBC project, JSW BF 3, BSP Rail Mill Projects, TATA STEEL- Billet Caster #3, TATA
Blue Scope
· Bokaro PLTCM: A 5 -stand 6-High PLTCM project. Project is under Erection phase
· Bokaro HDGL : Hot dip galvanizing line & Electrolytic Cleaning Line awarded
· Bhilai Caster: A combicaster of 2x 6 strands Billet; 1x6 Strand Billet cum Bloom; 1x3 STRAND BEAM BLANK CASTER
· Bhilai BOF: - 3x 180 ton BOF Shops
· Durgapur MSM: - The contract of Medium Structure Mill received in FY 2010
· NMDC SMS - A Basic Oxygen Furnace contract like Bhilai BOF
· NMDC Sinter – A sinter plan contract awarded in FY 2011
· Vizag BF 1 - The Blast Furnace contract awarded in FY 2011
· Rourkella RH- The contract of RH received in FY 2010
· Key Contracts prepared in acquisition phase :-
ü Guiding the pre-project commercial team :-
o To follow internal process for LoA approval to monitor and comply
o Participate in Final Negotiation with Customer along with Segment Head ( technical Counter-part)
· Bagged various orders – name a few :Jaylaxmi VD ( first M3 VD – autonomous)
· Kalika Bar Mill;Essar Corex;Bokaro BOF & Caster;JSW Recoiling Line;Uttam Galva 6I Mill
· Numerous small Electrics & automation autonomous orders.

3. Unrestricted
Success and Achievements:
· Championed in liasioning & dealing with the biggest Steel producing Customer in India , Steel Authority of
India (SAIL) in various locations in India.
· Acquisition of some significant contracts as Segment Commercial head as mentioned above
· Leading a group of 40 Commercial project managers across the country and providing support in commercial
execution of various projects ( Year :2011- 2013)
· Implementation of Project wise Work Breakdown Structure ( WBS) Risk Contingency drivers (RBS) and
assessment of the same( FY 2011-2013)
· As a Commercial Segment Head of Electrics & Automaton division, the achievements are( FY 2013- till date) :
SAIL IISCO – Prolongation claim ( INR 34’ & 52’) & Price variation(INR 50’ & 71’) for ISP
USM & ISP Caster projects respectively.
SAIL Bokaro - Agreement with Bokaro Steel Plant for additional foreign supervision man-
days (INR 54’) for PLTCM project.
SAIL Durgapur – Agreement with SAIL DSP against demurrage claim amounting to INR
40’. Another claim discussion amounting to INR 72’ is in progress.
SAIL Bhilai – Settled claim against additional costs amounting to INR 24’ for Bhilai BOF
project- Change Order also received. Settled claim- counterclaim ( LD/PVC) with customer
for multiple small Electrics projects. Arbitration initiated against SAIL Bhilai for settlement
of PVC claim ( EA project).
RINL – Won in High court (jointly with L&T) against RINL for non imposition of Cess on
equipment deliveries and engineering services.
JSL – Settlement of Claim/ Counter Claim with JSL for HSM Project ( Along with lead
consortium partner)
JSW – Claim in progress for additional man-day costs for JSW DRI project ( INR 56’)
BRG Steel – Successful in settlement of prolongation claim in autonomous turnkey
projects ( INR 12’)
ESS DEE – Successful in settlement of additional foreign supervision man-days ( 12’) in
turnkey project.
§ Led Merger and acquisition team, ensuring financial compliance for the mergers (Siemens and VAI)
successfully (FY 2009) , Coordination between financial institutions and the company for working capital loan.
· Successful implementation of SAP in the division/company ( functional lead for SD/PS and FI/CO module)- ( FY
2009)
· Developed reports ( MIS) to be presented to the top management including CAPEX Report, Cash Flow Report,
Cost Control Report, Financial Accounting Report etc ( FY 2004-2005)
· Successful in:
o Implementation of a process for Budget and Rolling Forecast for Key Business Figures.
o Implementation of monitoring tool for monthly monitoring of Key figures
o Implementation of LoA process for internal approval of projects from Business Units Head presenting the
commercial viability of the project in compliance with global guideline.
Mar’96-Aug’97: Inspection India, Kolkata Chief Accountant
Highlights:
· Significantly contributed towards managing administrative & accounts functions; Instrumental in maintaining
accounts, budget preparation, export transfer pricing analysis, management reporting, financial planning,
capital budgeting, cash forecasting, etc;Holds the distinction of managing financial systems audit of the
company, responsibilities entailed functional analysis of the total finance function, analysing financial control
strengths and weaknesses and revising the systems plan
· Developed a payroll system requirements and system replacement options
IT FORTE
Operating System : MS DOS and Windows 95, 98 & 2007
Office Tools : MS Office (Word, Excel & PowerPoint)
SAP : Siemens SAP System and Espirit
EDUCATION
PGDM (Finance) in 2000
All India Institute of Management Association (AIMA),
Masters in Economics in 1995 Jadavpur University
Bachelors in Economics in 1990 Kolkata University
Other Professional Qualification SLDP – IIM (Ahmedabad)