Ajay Arora

Ajay Arora Email and Phone Number

Practice Leader Finance @ Concat Business Consulting Pvt. Ltd.
Gurugram, HR, IN
Ajay Arora's Location
Gurgaon, Haryana, India, India
Ajay Arora's Contact Details

Ajay Arora work email

Ajay Arora personal email

About Ajay Arora

I am Ajay Arora, a self-motivated and goal oriented Chartered Accountant with more than 19 years of qualitative experience in financial domain with Top Management exposure in well-established organizations like Wolters Kluwer, Alcatel Lucent, Huawei Telecommunications, Ericsson India, and MTNL. I bring demonstrated expertise in front leading Financial Planning, Budgeting, Revenue Forecasting, Accounts & Audits, Treasury, Working Capital Management and establishing robust internal controls. I am also experienced in managing Taxation, Secretarial and Legal Compliance. I have been part of several successful Merger & Acquisition and Intangible Assets acquisition deals. I come with a track record of leading Process transformation and have also acted as PMO for implementation of SOX Compliance. I have global exposure and have also travelled extensively across US, Europe, Netherland, Sri Lanka and Nepal, Bhutan for strategic business meetings.A genuine influencer, I thrive on tough challenges and translates visions and strategies into actionable, value-added goals. I am deeply rooted and analytical, look at things in a practical way and always open to explore new ways of approaching a problem / challenge. I am highly versatile and adaptable in every situation; I am calm and always composed, and possesses fine ability to control speech, reaction and have a non-judgmental nature.

Ajay Arora's Current Company Details
Concat Business Consulting Pvt. Ltd.

Concat Business Consulting Pvt. Ltd.

View
Practice Leader Finance
Gurugram, HR, IN
Website:
concators.com
Employees:
50
Ajay Arora Work Experience Details
  • Concat Business Consulting Pvt. Ltd.
    Practice Leader Finance
    Concat Business Consulting Pvt. Ltd.
    Gurugram, Hr, In
  • Uph Digital Health Services
    Vice President Finance
    Uph Digital Health Services Jul 2022 - Present
    India
  • Wolters Kluwer India
    Associate Director And Head Of Finance & Operation
    Wolters Kluwer India Feb 2013 - Jun 2022
    Gurgoan
    Spearheading India finance and operations as CFOFormulating short-term and long-term business strategies and ensure the alignment to enterprise priorities and practicesFront-leading regional financial planning and budgeting process, forecasting revenue and analysing variances to maintain the forecast accuracy and make recommendations for improvementsAssisting the India leadership team in leading the annual creation of three-year Vision & Strategy Plan (VSP; rolling three years), detailing revenue and profit expectations, along with supporting strategic and tactical plansEnsuring completion of all accounting processes for monthly, quarterly, and annual closure of consolidation financial statements in compliance with IFRS and I-GAAP including Internal and External AuditsTaxation and other CompliancesHighlights•Provided financial and business management leadership that facilitated business growth by 2X in 4 years •Spearheaded a successful automation project to deliver more timely financial insight and improve reporting efficiency in 2021•Successfully managed implementation of major outsourcing transitions- Payroll outsourcing, Payable’s transition to Cap Gemini•Drove cost optimization initiatives (incl. cost reduction) and helped the management exceeding yearly EBITA targets •Directed the merger of 4 legal entities in India and realized $0.5M tax & $0.2M operational savings including funds mobilization from FY 2014-2015•Holds credit for streamlining treasury and setting up centralized banking structure in the merged entity•Pioneered the implementation of changes in the portfolio by executing delivery of demerger plan for one of the legal entitles and management buyout of leftover entity •Co-led settlement of shareholder’s dispute and acquisition of 100% stake in JV company (AMT) •Bagged CEO Award twice for Q3 2015 and Q3 2016 for demonstrating the Accountability and Value Creation and in 2019 for partnering with India business leaders to deliver results
  • Alcatel-Lucent
    Deputy General Manager - Finance
    Alcatel-Lucent Sep 2009 - Feb 2013
    Gurgoan
    Finance Controlling and FP&A• Formulating short-term and long-term business strategies and ensure the alignment to enterprise priorities and practices• Led the Regional Planning & Forecasting process and ensure delivery of Top-down Targets• Preparation of the Annual Operating Plans, monthly rolling forecasts, and monthly financial dashboards for the entire India business• Providing recommendations to strategically enhance financial performance and business opportunities• Leading and implementing process improvement initiatives to boost the operational efficiency of the processes• Responsible for managing the financial risks of the operation including supervision over Finance and Accounts (F&A) Activities to include AP, AR, Treasury, Tax, Compliance, accounts closing, reporting and audits as per I-GAAP.Highlights:• Developed a financial dashboard giving complete 3D View of Business to be reviewed by Top management• Distinctively saved around INR 30 to 40 million to the organization in a span of three year• Formulated and Implemented SOX controls as PMO• Arranged lower with-holding tax certificate for consecutive four years & saved INR 950 million cash outflow for the company
  • Huawei
    Commercial Finance Manager
    Huawei May 2008 - Sep 2009
    Gurugram, Haryana, India
    • Accountable for evaluation of deals, preparing the Profitability Analysis over the deal term through various pricing models such as Fixed Price, Output Based, T&M etc..• Budgeting, Profitability Analysis, Variance Analysis, Revenue tracking, Margin Analysis and Reporting on a monthly basis to the Senior Management. Highlights:• Rewarded with cash award for streamlining discounting process for Letter of Credit and Bank Guarantees applicable in credit supplies
  • Ericsson India Pvt. Ltd
    Business Finance Controller
    Ericsson India Pvt. Ltd Aug 2006 - May 2008
    Gurugram, Haryana, India
    Highlights• Secured ACE Award for contract commercial, financial reconciliations & final closure with Bharti Airtel in Quarter 02’ 07 • Received Falcon Award for Excellent Performance Winner of Quarter 4’ 06• Sorted pending old reconciliations with customer with clearance of >3 yrs. overdue for the Mobile business
  • M.T.N.L.
    Assistant Manager
    M.T.N.L. Aug 2002 - Aug 2006
    Delhi, India
    Highlights:Recovered INR 100 Crores from bank GuaranteeInvested INR 4000 Crores in fixed deposits with banks at higher negotiated Interest Rates

Ajay Arora Skills

Financial Analysis Forecasting Accounting Finance Team Management Mis Financial Reporting Variance Analysis Management Analysis Internal Controls Business Planning Ifrs Project Accounting Cash Flow Sarbanes Oxley Act Account Reconciliation Cost Accounting Budgets Internal Audit Corporate Finance Business Strategy Quick Learner Self Motivated People Management Financial Statements Strategic Planning Accounts Receivable Accounts Payable Team Leadership Planning Tax Treasury Negotiation Business Development

Ajay Arora Education Details

  • Icai
    Icai
    All Groups In Ist Attempt
  • Icai, B.Com (H)
    Icai, B.Com (H)
    Finance
  • Silvia Ifrs Box
    Silvia Ifrs Box
    Accounting And Finance

Frequently Asked Questions about Ajay Arora

What company does Ajay Arora work for?

Ajay Arora works for Concat Business Consulting Pvt. Ltd.

What is Ajay Arora's role at the current company?

Ajay Arora's current role is Practice Leader Finance.

What is Ajay Arora's email address?

Ajay Arora's email address is aj****@****wer.com

What schools did Ajay Arora attend?

Ajay Arora attended Icai, Icai, B.com (H), Silvia Ifrs Box.

What skills is Ajay Arora known for?

Ajay Arora has skills like Financial Analysis, Forecasting, Accounting, Finance, Team Management, Mis, Financial Reporting, Variance Analysis, Management, Analysis, Internal Controls, Business Planning.

Who are Ajay Arora's colleagues?

Ajay Arora's colleagues are Roman Morales, Avinash Bansal, Megha Sharma, Sonali Thakur, Vidya Jadhav, Shubhangi Patil, Miral Gandhi.

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