Ca M Narendra Kumar Email & Phone Number

Bangalore, India

• Spearheading finance, treasury, accounts, and statutory compliance, significantly impacting company operations acrossBangalore, Chennai, Hyderabad, Mumbai, Pune, and Ahmedabad.
• Successfully achieved 13.7 million in savings by ensuring the closure of Service Tax Audit for three years.
• Implementing process optimization, reducing overdue collections by 87% and overheads by 45% during the COVID period,ensuring robust cash flow management.
• Streamlining interactions with the Japan Head Office, enhancing strategic decision-making through timely financial reporting.
• Revamping the cash management to render the Company debt-free by reducing outstanding accounts from INR 60 million toINR 0.1 million.

Bangalore

• Strategically leveraged the company's fixed assets to secure additional funding for business expansion and enhanced thecompany’s growth potential in the packaging industry.
• Improved working capital by utilizing DPN loans for short-term needs along with increased LC/BG limits and ensured financialstability and operational efficiency.
• Successfully raised comprehensive fund-based and non-fund-based credit facilities and secured essential financial resourcesfor business operations and development.
• Drove the ‘Spares Business' to achieve a remarkable growth of 110% per month over 18 months and significantly contributedto the company's revenue.
• Expedited the manufacturing and delivery of two tape extrusion lines within a tight 5-month schedule that demonstratedexceptional project management and operational efficiency.
• Transformed the effective inventory management system by Implementing thorough categorization of spares into runners,repeaters, and strangers, improving customer service and inventory turnover.

• Led financial and legal due diligence, and successfully divested the aluminum extrusion business to SAPA Profiles, a Norwegiancompany, enhancing the company's strategic positioning.
• Achieved a 3% increase in EBITDA by substantial savings in Raw material procurement, which directly impacted the company'sbottom line positively.
• Collaboratively managed the aluminum extrusions business with the CEO and CMO and drove operational excellence.
• Negotiated and secured top-up loans from various banks at competitive rates to manage project cost escalations effectively.
• Established and streamlined accounts, finance, and commercial operations for the new Aluminum Extrusion business and seta robust foundation for future growth.
• Executed comprehensive costing systems across various plant divisions and improved financial accuracy and operationalefficiency.

The company was engaged in Dairy, Bakery and Retailing with Head Office at Bangalore and branches in Chennai, Coimbatore and Erode. The company has two dairies, three bakeries and twelve retail outlets spread across South India. Joined as GM – Corporate Finance and handling the treasury function.

The company is engaged in Structural Glazing and Composite Cladding Woks with a annual turnover of over Rs.100 crores with Head Office in Bangalore and branches in Chennai, Hyderabad, Pune, Cochin, Delhi and Lucknow

The company was dealing in Edible Sunflower Oil. Joined the company as an Asst Manager Accounts and directly reported to the Managing Director and the Vice President. Promoted as Manager Accounts & finance in six months

Chartered Accountant, Accounts & Finance

Bcom, Commerce

Education record

Ca, Finance, Accounts And Taxation, All India 46Th Rank Holder