Avdhesh Rathi Email & Phone Number

Noida, Up, In

Vadodara, Gujarat, India

Leading Finance, IT and Legal departments. Responsible for stake holders management i.e. Board and Shareholders : M&M and Govt of Gujarat.Working on sustainable business by transforming way of business : Debtors & Inventory days reduced to half, Made a P&L focus Organisation - system cost linked to volume and Handling nuance of GST - inverted duty structure.

Kandivali, Mumbai, Maharastra, India

Handled various roles on deputations in Agri Sector for 3 yrs : Chief Financial Officer in fresh fruits, Agriculture Sector : Business & Finance Controller of 3 businesses including 2 startups, Statutory Audit, Credit Management and Internal Controls: May 2016- April 2018  Product Pricing, Season Schemes and cross functional partnering for revenue / profit maximization in Grapes division Executed New Product / Market portfolio – pricing and variable profitability Dealer Credit appraisal and Control  Internal control process Implementation by introducing Policies, SOPs and DOA.  Business Valuation and smooth transition 1st time adoption of Ind AS for entire Sector which was having divers 8 divisions and 3 subsidiariesChief Financial Officer of M&M’s Agri – Fruit business JV Mahindra Univeg Pvt Ltd (May 2015 – April 2016)  Business Transformation - Initiated ways to look into margin; transformation of loss-making operations to a sustainable business  Financial Planning and Analysis – Bringing orientation for business results through finance system improvement Controllership – Inventory planning based on shelf life and product cost optimizationDGM – MIS, Budget & Consolidation – Farm Equipment Sector (July 2010 – April 2015)  Country Lead for Financial Planning and Analysis Team; led 6+ Team members Managed Financial Year; Long Term Budget/Forecast Process for 12000 cr+ businesses Business Results reporting / improvement for entire sector: Introduced formats covering expectations from all the Finance person.  Finance Transformation Projects (Reporting; Culture change : Standard cost Vs actual analysis, Structured Monthly Reviews; Productivity; Hyperion) Part of project Kuber initiative to increase profitability by 2% and reducing working capital level by 30 days  Additionally, handled CFO position in a Seed business entity (startup for 1 yr+)

Vadodara, India

 Handled reporting of all the divisions (Metro, PPC and Signaling). Responsible for Financial audit & IFRS implementation for all the divisions.  Handled Income tax & transfer pricing matters. Responsible for GLs, accounts payable and fixed assets of Metro train plant.

Halol, Dist Panchmahal, Gujarat, India

 Overall control over budget & actual direct & indirect mfg cost of all vehicle plants. Incisive support in cost analysis / reduction, synchronization and building synergy in vehicle plants.  Handled Capex & reporting of Halol plants to AP headquarter. Handled product & mfg engineering activities of vehicle plants in India. Handled global program engg cost ongoing in India & reimbursement of the same from parent.

Baramati, Dist Pune, India

 Monitored & finalised various accounts, balance sheet, P&L, Cash flow and notes quarterly & yearly as per the Indian GAAP and IFRS. Transfer pricing audit and fixing transfer pricing with parent company and Income tax assessment. Capex project control & reporting. Material cost analysis and implementation of Bill of Material process Overseen BU MIS, spares pricing and Inventory at factory / third party.

Pithampur, Dist. Dhar, Madhya Pradesh, India

 Handled monthly BU MIS which involved mainly - Model Wise Contribution Analysis, Ratio Analysis, Variable & Fixed Cost Analysis and reasons for variance vis-à-vis budget.  Headed Budgeting activity (twice in a year), which comprises comprehensive details of all subsystems and critical action plan based on market behaviour. Feasibility Analysis of new project & product along with key hurdles/affecting factors. Market Share Analysis along with likely action/ new developments. Monthly Contribution Analysis for and fixing of transfer price with Export House. Credit Management Appraisal and negotiation with the banks to get best rate Responsible for Insurance Policies related activity which involves Claim Settlement, Exploring Coverage for Hidden Risks and Policies Renewal. Responsible for Forward Currency Contracts, Supplier Credit, Buyer Credit.

Icwa, Cost And Management Accounting

Company Secratary, Secretarial Matters

Master Of Business Administration (M.B.A.), Business Administration And Management, General

Master’S Degree, Commerce

Education record