Ca Vikash Kumar Email & Phone Number

Bhubaneswar, Od, In

Bhubaneshwar, Odisha, India

I have successfully formulated annual business plans and budgets, overseeing internal reporting and regulatory compliance to enhance business performance and maximize shareholder value. By implementing efficient business processes and rigorous working capital management,I ensured liquidity and safeguarded day-to-day transactions. My proactive approach in team capability building has included job rotations, knowledge transfer, and training initiatives. Key achievements include a ~6% improvement in EBITDA margins, enhancing the treasury rating from BBB Stable to BBB+, and reducing the collection cycle from 30 to 10 days. I have also streamlined financial processes, significantly reduced compliance issues, and introduced innovative insurance policies, leading to substantial cost savings and optimized resource utilization.Additionally, strategic initiatives such as the setup of a solar plant and conversion to electric hywas are projected to save significant costs in the long term. Overall, my focus on finance business partnering has driven effective decision-making and new opportunities for growth.

Chhattisgarh, India

Appointed Director in Jindal Steel Chhattisgarh Limited & Jindal Steel Jindalgarh Limited (Project Company)As the Location Finance Head managing a Finance and Accounts department with a turnover of ₹21,000 Crores out of a total group turnover of ₹50,000 Crores, I have effectively steered operations across multiple power plants and units, including a 900 MW facility. My responsibilities encompassed banking, taxation, customer collections, treasury management, and project expansions in steel. I successfully conducted physical stock verifications and established robust processes for power imports while benchmarking against group companies.These initiatives have not only strengthened financial controls but have also positioned the organization for sustained growth and operational excellence.Key achievements include:• Conducted feasibility analyses for new ventures and formulated business strategies, leading to improved operational efficiencies.• Implemented automation and technology solutions for enhanced financial management and compliance.• Extended back-office support for fundraising, managing investor relations, and developing long-term strategies for financial sustainability.• Spearheaded audits, ensuring compliance and identifying risks, which led to significant cost savings and process improvements.• Restored financial health by taking control of receivables and negotiating settlements with various stakeholders, resulting in a reduction of outstanding debts from ₹14,000 Crores to ₹21,600 Crores in FY22.• Achieved 90% employee role changes to enhance organizational capacity and morale.• Streamlined financial processes, resulting in a remarkable increase in overall collections from ₹14,023 Crores to ₹21,656 Crores year-on-year.• Successfully obtained significant refunds and credits, including ₹2.57 Crores in VAT assessments and ₹1575 Crores in input tax credits, while receiving accolades as the largest private sector GST taxpayer in Chhattisgarh.

Jharsuguda, Odisha, India

Successfully managed a team of 30 with Turnover: INR 5,800 Cr, Power Plant Outsourcing for 3,615 MW and Biomass Procurement for Renewable Purchase Obligations, while leading efforts to collect overdue power debts of INR 1,400 Crs. Oversaw shared services in transactional finance and managed multi-year power tariff petitions that impacted revenues of INR 550 Crs, achieving annual savings of INR 30 Crs through ash management and INR 12 Crs via payment term conversions. Collaborated with PwC and McKinsey for power procurement strategies, realized significant negotiation savings, and implemented IT automation in coal processes, ultimately saving INR 520 Crs in working capital through efficient account reconciliations.

Mumbai Area, India

Chartered Accountancy From Icai In 2004

B.Com. (Hons.) From Sambalpur University In 2000 With 75% (Secured 3Rd Rank)

Education record