Bhupesh P Porwal

Bhupesh P Porwal Email and Phone Number

CFO | Fin. & Bus. Strategy | Investor Relations | Risk Mgt. | Six Sigma & Lean Mgt. | @ STYRENIX PERFROMANCE MATERIALS LTD
Bhupesh P Porwal's Location
Vadodara, Gujarat, India, India
Bhupesh P Porwal's Contact Details

Bhupesh P Porwal work email

Bhupesh P Porwal personal email

About Bhupesh P Porwal

1. Building Favorable Outcome : I build teams, lead them & most importantly - Execute. I remove barriers & road blocks and train team to perform at their best with "speed & accuracy" in mind.2. My proficiency : Cumulative experience of >25 years in various industries driving CFO engagements for more than 7 years, balancing the responsibilities of stewardship with business partnership.Ensuring relevant and useful internal and external financial reporting, preserving value by managing risk in relation to setting and achieving the organization’s objectives, and implementing and monitoring effective internal control systems.A key team member of management, supporting in making decisions & strategies and navigating the team towards achieving organisational goals.Formulated varied processes for firming EBITDA & smooth business operations, integrated processes during merger, proficiency in implementing SAP/EVA/Systems, maintained sturdy relationships with internal/external stakeholders. 3. Meritorious academic background – CA, MBA (Finance), LL.B., B.Com. A Green Belt holder with various training done.4. Industry Experience : Manufacturing | Petrochemicals | Packaging | Glass | Cooling solutions | Engineering sectors | Consultancy | Renewable Energy5. Society : Executive Committee member of a Foundation, supporting #6000 children for education.

Bhupesh P Porwal's Current Company Details
STYRENIX PERFROMANCE MATERIALS LTD

Styrenix Perfromance Materials Ltd

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CFO | Fin. & Bus. Strategy | Investor Relations | Risk Mgt. | Six Sigma & Lean Mgt. |
Bhupesh P Porwal Work Experience Details
  • Styrenix Perfromance Materials Ltd
    Chief Financial Officer
    Styrenix Perfromance Materials Ltd Nov 2023 - Present
    Vadodara, Gujarat, India
    It's a listed manufacturing with total revenue of # USD 300 Mio., having market leadership in styrene applications across range of industries.Accountability of Financial Strategy, Financial & Management reporting, firming EBIDTA, Budget, Cost, WC & Corp. Finance mgt., Tax, Transfer Pricing, Risk, Insurance, Forex and funds management, Investment decisions, Investor relations & Stakeholder management, harmonization processes & developing & Internal Control System
  • Ankur Scientific Energy Technologies Pvt Ltd
    Chief Financial & Operating Officer
    Ankur Scientific Energy Technologies Pvt Ltd Apr 2021 - Nov 2023
    Vadodara, Gujarat, India
    India’s Global footprint Company, developing and improving the Technologies, who drive its business of Design and Development of Gasifiers for various Biomasses which helps the world converting Waste to Energy.I am steering the finance & operations for the company & its subsidiaries having accountability of strategy, firming EBITA, risk management, forex, I.T., financial reporting, WC & Corp. Finance mgt., Fund Mgt., Forex, tax, manufacturing, SCM, quality, HR/IR, managing resources, Commercial, compliance & legal matters. I foster strategic partnerships and relationships with Banks, Vendors, customers, local authorities and all other professional business relationships.I drive company results from both an operational and financial perspective working closely with the MD and other key executive team members.
  • Aia Engineering Ltd
    Chief Financial Officer
    Aia Engineering Ltd Sep 2017 - Jul 2019
    Ahmedabad Area, India
    India’s global footprint listed company giving High Chromium wear casting & grinding media solutions for cement, mining & power generation industries. A USD 400 Mio company, with market cap of USD 2 Bn., No 2 in world in this segment. Accountability of Financial Reporting, Treasury, WC & Corp. Finance mgt., Tax, Fund Mgt., Risk including IT risks & Forex Mgt., Transfer pricing, EXIM benefits & Commercial matters for 2 Indian mfg. companies & 6 global trading subsidiaries Major Initiatives & Results Treasury Mgt. – succeed to keep Debt fund portfolio unscathed during NBFC/HFC crisis in Sept. 18. Cost Management: Saved INR 6 Mio of insurance cost through policy optimization & effective negotiation. Financial strategy, commercials & royalty agreements for new expansion. Strengthened Internal Control in Global commercial process and Global Cash & Bank management process. Digitized various processes in F&A, HR & Procurement to strengthen internal control effectiveness. Financial Reporting: Substantial reduction in time taken for Quarterly & Annual Financial Reporting.
  • Ineos Styrolution India Ltd.
    Chief Financial Officer & Whole Time Director
    Ineos Styrolution India Ltd. Jun 2014 - Aug 2017
    Vadodara Area, India
    Earlier Part of INEOS group UK, it was a listed manufacturing MNC in India with total revenue of USD 260 Mio., having market leadership in styrene applications across range of industries. Accountability of Financial & Management reporting, firming EBIDTA, Budget, Cost, WC & Corp. Finance mgt., Tax, Transfer Pricing, Risk, Insurance, Forex and funds management, Investment decisions, Investor relations, harmonization of global processes & developing & Internal Control System. Major Initiatives & Results Reduced interest cost by 50% (Rs 197L to Rs 98L) in 2 years by reducing cost of debt by sourcing through alternate methods and negotiation and reduction in working capital requirement by strengthening Cash and Fund management framework Saved fixed cost by ~4% through project “Own your Cost” by support of all functions. Reduced insurance cost by 25% in first year by effective negotiation. Contributed to set up new organization structure, regulatory requirements, business processes, implementing policies and restructuring after acquisition of a company as 100% subsidiary & than its merger. Spearheaded unification process of SAP system during merger of 2 companies. Set up of business process, implementation of new policies after the company was acquired by new shareholders. Reduced future tax risk by setting up transfer pricing framework & GST implementation (Business & ERP). Worked on APAC Transfer Pricing project to study & improve business processes which impacts ICTP. Squeezed financial reporting timeframe | Set up Investor Relations framework. Collaborated with multi-cultural teams for various projects e.g., firming EBITDA, harmonization of cost treatment, SOPs, IT projects.
  • Piramal Glass Ltd.
    General Manager/Head – F&A (Finance & Account), India Operations (2010 – 2014)
    Piramal Glass Ltd. Jan 2006 - May 2014
    Vadodara Area, India
    I was spearheading F&A, commercial & management accounts function of Indian operations along with managing resources, systems, internal controls, capex decisions, competency development, general management, statutory & economic developments. As a steering committee member of manufacturing excellence, I strategized varied enhancements viz. sales, PBDIT (profit before depreciation, interest & taxes), PAT (profit after tax), capacities and ROCE (return on capital employed) from 2006-2014. Additionally, I also augmented per year contribution by emphasizing on line-wise profitability instead of plant profitability.I executed six sigma projects, obtained lowest attrition rate across company and developed competency in F&A. Due to my ongoing growth pattern, I was handed over the responsibility of additional location within 12 months which finally led to heading the India operations. Thereafter, I was handpicked to undergo framework training of EFQM (European Federation of Quality Management) and was selected as an assessor. Winning multiple awards, I achieved and sustained 5.2 sigma level in a quality project in accounting thus bringing about cultural change altogether. Furthermore, I brought about many positives variations viz. improvement of communication with various departments, implementation of EVA (economic value added) and integration of multi-location financial and management accounting at single location. These initiatives ensured enhancement of internal customer satisfaction and augmentation of efficiency and effectiveness of people, department and company. With a track record of steady growth pattern by my side, I evolved growth prospects and leveraged my expertise in implementing change processes. Obtaining diverse experience in on-time quality deliverables, business strategy, controls and independent operations, I handled professional challenges competently.
  • Piramal Glass Ltd.
    Dgm ( Finance & Accounts)
    Piramal Glass Ltd. Apr 2008 - Mar 2010
  • Piramal Glass Ltd.
    Agm ( Accounts & Finance)
    Piramal Glass Ltd. Jan 2006 - Apr 2008
  • Transformers & Rectifiers (India) Ltd
    Dgm ( Finance & Accounts)
    Transformers & Rectifiers (India) Ltd 2005 - 2006
    Ahmedabad, Gujarat, India
    Headed 14 members’ team to manage finance function; Raised short term & long term funds, tax management; Planned for M&A, designed financial structure, and devised capital structure for the expansion projects. Additionally supervised job related to secretarial practices
  • Blue Star Limited
    Manager ( Accounts & Commercial)
    Blue Star Limited 2002 - 2005
    Bharuch, Gujarat, India
    Led a team of 9 members and managed the F&A and commercial functions of the plant. Liaised with marketing for the business development, planning & product mix matters; handled contract finalisations, insurance, MIS, budgeting, costing, assessment of Sales Tax & Central Excise of the unit, stores, logistics, payroll & warehouse management and IT related aspects.
  • Time Packaging Ltd.
    Manager ( Internal Control)
    Time Packaging Ltd. 2001 - 2002
     Responsible for General Management & MIS of four operation sites at Daman  Responsible for Supply Chain Management Responsible for cost management, oversaw assessment of tax liabilities Handled the PMS, managed HR function Responsibility for plant visit of customers, investors, financial institutions  Responsible as profit centre for the fleet being owned by the company

Bhupesh P Porwal Skills

Fund Raising And Management Financial Analysis Mis Accounting Budgeting Systems And Controls Working Capital Management Erp Risk Management Business Manager Governance Budgets Management Sap Tax Corporate Finance Auditing Financial Modeling Internal Audit Team Management Finance Business Strategy Internal Controls Business Development Mergers And Acquisitions Managerial Finance Target Costing Ifrs Leadership Statutory Accounting Financial Audits Payroll Financial Accounting Strategic Financial Planning Financial Reporting Variance Analysis Project Finance Cost Accounting Financial Planning Investor Relations Enterprise Resource Planning Sap Products

Bhupesh P Porwal Education Details

Frequently Asked Questions about Bhupesh P Porwal

What company does Bhupesh P Porwal work for?

Bhupesh P Porwal works for Styrenix Perfromance Materials Ltd

What is Bhupesh P Porwal's role at the current company?

Bhupesh P Porwal's current role is CFO | Fin. & Bus. Strategy | Investor Relations | Risk Mgt. | Six Sigma & Lean Mgt. |.

What is Bhupesh P Porwal's email address?

Bhupesh P Porwal's email address is bh****@****ail.com

What schools did Bhupesh P Porwal attend?

Bhupesh P Porwal attended The Institute Of Chartered Accountants Of India, Mohanlal Sukhadia University, Mohanlal Sukhadia University, Rajasthan Vidyapeeth University, St. Paul's Senior Secondary School.

What are some of Bhupesh P Porwal's interests?

Bhupesh P Porwal has interest in Music, Training, Lean Management.

What skills is Bhupesh P Porwal known for?

Bhupesh P Porwal has skills like Fund Raising And Management, Financial Analysis, Mis, Accounting, Budgeting, Systems And Controls, Working Capital Management, Erp, Risk Management, Business Manager, Governance, Budgets.

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