Tarun Jain Email & Phone Number

Bengaluru, Ka, In

Bengaluru, Karnataka, India

Bangalore

Bangalore Urban, Karnataka, India

Bangalore Urban, Karnataka, India

Bengaluru Area, India

• Equity Funding – Raised Series B $25M and Series C $40M both led by strategic investors Ford & Mahindra & Mahindra.• Debt Funding – Raised over INR 350 Cr till date from Bankers, NBFC and Venture Funds.• Reworked new market place model to create a working capital neutral and bring efficiency in opex cost.• Leadership – Leading/building team of 28 members of finance, commercial and facility having vision and focus on bottom line and long term goals; highly motivated and mapping KRA to P&L.

Bengaluru Area, India

• Setting up of new manufacturing facility from the beginning which includes getting all registrations, negotiation on the facility, funds arrangements and all statutory compliance along with development of accounting software for manufacturing.• Key lead for the setting up of HM Online Store (eCommerce business) – Business planning, margin modelling and FEMA compliance.• Settlement of RBI and FEMA related legacy issues of default on EBC funding and Foreign Payments.• Forex savings to company through EEFC account and forward buying of dollars which results in annual savings of INR 10 million.• Service Tax refund on ITES services which was not taken earlier started availing from 2014 results in annual refund of INR 4.5 million.

Kampala, Uganda

• Accomplished major tax saving through donation; conducted research and achieved 30% corporate tax saving • Successfully managed the implementation of customised ERP in the company • Played a key role in cost-reduction by saving on the cartridge used in the outlets which saved 60,000 dollars in a year; renegotiated the terms with airtime vendor and achieved saving of 25% (18% VAT and 7% Commission) of about 9,000 dollars per month • Risk Management: De-facto risk manager for the Company. Monitored and mitigated risks from tax law changes, led contract negotiations and ensured covenant compliance• Contributed towards audit functions through Identifying regular cash shortages and void item (cancel billings) at the branches; detected case of theft due to lack of internal controls and undertook key measures to tackle the same• Setting up entities in Kenya and Dubai for tax planning and bringing operational efficiencies

Mumbai Area, India

• Played a key role in the implementation of - Movie Accounting System (MACCS) through individual handling and structuring and SAP R3• Reduced the credit outstanding period from 6 months to 30-45 days• Attaining Tax Exemption; filing service tax exemption writ petition with High Court along with other studios for dual taxation, that led the Maharashtra government to remove MVAT and post that only service tax is applicable on the film distribution• Working capital enhancement: Working on preparing documentation and pitching for increasing the credit limit from INR 600 Million to INR 1.2 Billion with Citibank, this was successfully achieved.• Independently handled 5 year business planning for India country P&L which includes all verticals - Local Production, Hollywood Theatrical Distribution, Home Video, Gaming and Digital• Built systems and processes that helped scale local production business for Warner Bros in India

Gurgaon, India

Chartered Accountant, Finance, Costing, Budgeting, Taxation, Audit And Accounting

Chartered Accountant

Bachelor Of Commerce (B.Com.), Accounting And Finance, A

Graduation (Bachelor of Commerce)