Boopathy K

Boopathy K Email and Phone Number

Bengaluru, KA, IN
Boopathy K's Location
Bengaluru, Karnataka, India, India
About Boopathy K

“Some see difficulty in every opportunity. Others see opportunity in every difficulty.” Winston Churchill As a seasoned leader with 20 plus years of experience, I have led strategic finance, commercial and tax structuring, investor relation, due diligence, and financial controllership in global matrix organizations. A major chunk of my career revolves around advising financial solutions that optimized revenue and deliver strong ROI for the company in the VUCA world across sectors (Retail, Manufacturing, Consulting, Projects, Airlines, IT companies and Startups).Presently, I am associated with FinAks Advisory Services as a Consultant. Providing CFO advisory services to startup and IT companies, and performing due diligence. Representing the finance operations in the business strategy decision formulation and summarizing the company's financial status in various business aspects thereby providing critical analysis and strategic insights.As a strong business leader and a trusted advisor to corporate affairs, I have successfully merged multiple legal entity structures in India; led teams for debt restructuring, fundraising (both equity and debt), the establishment of new business streams, due diligence and M&A integration. Raised finance from banks & financial institutions, developed financial policies/guidelines for effective fund management and liaised with government bodies for obtaining necessary sanctions.My major career highlights have included working for Ace Turtle as Director of Business Finance - set up finance department and new stores across India within 15 months. Moreover, I have supported the growth of VF Brands India (2007 - 2020), by working parallel with MD & Business team. Partnered with India MD and the Local Management Team to achieve rapid CAGR growth YOY by providing strategic leadership through driving top-line and bottom-line initiatives across the organization. I played a significant role in the Joint Venture buy-out process at the India level, managing post-merger change management, and an amicable settlement. Over the tenure, seamlessly managed more than 750 stores across India. Amongst my peers, I am regarded for setting and scaling up businesses, their processes and systems from successive decline to growth coupled with improvement in profitability index, cash surplus and margins along with long-term sustainability.To know more about me you can please write to me at boops_69@yahoo.co.uk

Boopathy K's Current Company Details
Tyfone Inc. | Digital Banking Technology Firm

Tyfone Inc. | Digital Banking Technology Firm

View
Virtual CFO
Bengaluru, KA, IN
Boopathy K Work Experience Details
  • Tyfone Inc. | Digital Banking Technology Firm
    Virtual Cfo
    Tyfone Inc. | Digital Banking Technology Firm
    Bengaluru, Ka, In
  • Tyfone, Inc.
    Virtual Cfo
    Tyfone, Inc. Jan 2021 - Present
    Bengaluru, Karnataka, India
    Within the scope of my present accountabilities, I am responsible for the execution of strategic plans pertaining to the organization's objectives resulting in timely and high-quality work products and services with optimum team size, costs, and risks.Key Member of the Tyfone leadership team, playing pivotal role in • Managed entire finance department, overseeing budgeting, reporting, and compliance at Tyfone • Efficiently handled treasury management, optimizing cash flow and investments for the company.• Provided crucial support to the management team in negotiations for additional funding opportunities.• Led the successful merger of a new entity, ensuring seamless integration with Tyfone.• Managed customer and vendor contracts, negotiating favorable terms and ensuring compliance.• Orchestrated the annual statutory audit, liaising with external auditors and implementing internal control improvements.• Find Proactively devise creative approaches to secure funding for the organization during challenging periods.
  • Ace Turtle Services Ltd
    Director Business Finance
    Ace Turtle Services Ltd Jan 2021 - Mar 2022
    Bengaluru, Karnataka, India
    Throughout my tenure, I established the complete finance department and steered the expansion strategy, playing a pivotal role in setting the foundation for the company’s growth. Within 15 months, I successfully opened and set up overall operations of 54 new stores in PAN India. Furthermore, I partnered with the top management in translating the divisional strategy into annual financial business plans and ensuring implementation, progress monitoring, and proposing corrective actions as required.
  • Vf Corporation
    Director Business Finance
    Vf Corporation Jul 2007 - Apr 2020
    Bengaluru, Karnataka, India
    As Director Business Finance, I owned the P&L for VF India business and overall responsibility for strategy, financial performance, reporting, compliance, commercial, treasury, and taxation with process transformation (AR, AP, GL & Reporting) including developing process maps, standard operating procedures, service level agreements and change management.I played a key role as a member of the VF Brands leadership team in India, accountable for setting the foundation for the brands' growth in India post-JV. Led the Joint Venture buy-out process at the India level, managing post-merger change management, and an amicable settlement. Besides, I supported the implementation of short/long-term strategic policies for revenue growth and profitability. Strengthened captive finance shared services centre by identifying & onboarding the right professional resources to head the different verticals and led the transition of the commercial function to the service. Spearheaded the Treasury Investments ensuring that the free cash reserves are invested at the highest negotiated rate with global bankers.Moreover, I directed the Business Finance function for major brands with commercial accounting, GST, direct taxes, reporting, deal negotiations, partner profitability cost control, planning, MIS, customer service, legal & documentation. Delivered profitable business growth in a challenging 2015-2018 period by driving and impacting pricing, product developments, store openings, inventory, receivables, gross margin improvements and cost optimizations.Additionally, I ensured that the E-commerce Business is held profitable @ higher EBITDA, through various commercial drivers like rebates, schemes, pricing, and discounts strategy on a B2B basis. Managed 300+ customers and 1000+ outlets across India, Nepal & Sri Lanka; directly contacted all franchisees, Key accounts CEO & E-Commerce Leaders, Business Heads, Supply Chain & Product and Design Team for financial planning and analysis.
  • Paramount Airways
    General Manager Finance
    Paramount Airways Mar 2006 - Jul 2007
    Chennai, Tamil Nadu, India
    I was handpicked by a start-up company to nurture bank relations (fund and non-fund based on facilities including LC) for fund management, working capital, bank guarantee, and term loan for new projects.Further to this, I interacted with bankers for consortium arrangement/working capital facilities, etc. and with Equity players for investments. As a part of top management, I also defined the financial structure, financial operations and investment planning.
  • Wipro
    Sap Consultant
    Wipro Sep 2005 - Feb 2006
    Chennai, Tamil Nadu, India
  • The Sanmar Group
    Head Business Finance
    The Sanmar Group Sep 2000 - Aug 2005
    Chennai, Tamil Nadu, India
    Worked in Sanmar Engineering Corporation which is Joint venture between well diversified sanmar group and leading MNCs like Emerson Electric a Fortune 500 Company of USA, TYCO International USA, Flowserve Corporation USA
  • Colorplus
    Manager Finance
    Colorplus Feb 1996 - Sep 2000
    Chennai, Tamil Nadu, India

Boopathy K Education Details

Frequently Asked Questions about Boopathy K

What company does Boopathy K work for?

Boopathy K works for Tyfone Inc. | Digital Banking Technology Firm

What is Boopathy K's role at the current company?

Boopathy K's current role is Virtual CFO.

What schools did Boopathy K attend?

Boopathy K attended The Institute Of Chartered Accountants Of India, The Institute Of Cost Accountants Of India.

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