Debasis Mohanty work email
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Seasoned and accomplished Chief Financial Officer offering a remarkable 25-year track record of spearheading strategic financial initiatives and driving organizational growth amidst complex financial landscapes. Recognized for assembling high-performing teams by aligning the finance function with core business segments, fostering a culture of excellence. Renowned for demonstrating an unwavering commitment to both results and accuracy, evident through successful Big 4 audits, securing unprecedented funding, achieving early breakeven, and establishing highly efficient finance functions.A visionary leader who fearlessly challenges the status quo, orchestrating transformative shifts within organizations to align with the Vision and Mission. Adept at navigating intricate stakeholder dynamics, seamlessly reporting to MDs and Board of Directors, while cultivating value-driven cultures. Proactively identifies and rectifies inefficiencies and revenue leakages through the implementation of robust financial and taxation structures. Exhibits exemplary expertise in Financial Planning & Analysis, Performance Reporting, Direct and Indirect Taxation, and spearheading Finance Automation and Digitalization for RTR, P2P, O2C, and SCM processes.A results-oriented professional, unyielding in the pursuit of financial excellence and operational optimization. Committed to propelling organizational success through meticulous financial management, effective risk mitigation, and continuous process improvement.Career Highlights:• Implemented cost control measures, making the company EBITA positive in 3 months.• Automated RTR and P2P processes, reducing costs by 15%.• Negotiated rental savings of Rs. 320 lacs during the pandemic.• Increased EBIDTA by 6% in 2015-16 and 3.5% in 2016-17.• Raised INR 800 million for upgrades and working capital, including a loan swap of INR 340 million.
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Chief Financial OfficerPeel-Works Jan 2023 - Jul 2024Bengaluru, Karnataka, IndiaI am a results-oriented financial leader with a proven track record of building a strong financial culture that aligns with the organization's Vision and Mission. Collaborating closely with the CEO and management team, I drive the strategic alignment of the financial plan with the company's long-term strategy. By implementing effective programs, I enhance productivity by merging organizational goals with personal values, and design systems that support the organization's growth trajectory.With a keen focus on business growth, I excel in contract negotiations and stakeholder relationship management, ensuring successful outcomes. My expertise in budgeting, forecasting, and financial analysis allows me to partner with individuals at all levels of the organization, providing valuable insights for informed decision-making. I am highly skilled in cash flow management, maintaining a delicate balance between meeting obligations and driving growth.As a meticulous finance professional, I oversee the financial function, ensuring compliance with evolving tax laws and implementing robust accounting, audit, tax, risk, and compliance practices. I take pride in spearheading the financial reporting process, ensuring timely closure and accurate reporting to leadership and external authorities. Through optimized tax structures, I have achieved significant cost savings for the organization.By developing high-functioning finance teams through training and process monitoring, I drive operational excellence and standardization. I maintain strong relationships with investors, providing transparent updates on financial performance and future plans. -
General Manager & Head FinanceFirst Steps Babywear Pvt Ltd (Miniklub) Oct 2018 - Dec 2022BangaloreAs a general manager & head finance with extensive experience in evaluating financial programs and supporting information systems. I have a proven track record of success in budgeting, tax planning, real estate, and asset protection. My expertise includes digitizing finance processes and implementing Power BI for MIS reporting, streamlining operations and improving decision-making in the retail sector.In my role, I am responsible for developing business plans that align decisions with long-term objectives. I collaborate closely with the FP&A team to ensure accurate performance reporting to stakeholders. My proficiency in yearly and monthly forecasting, budgeting, and variance analysis enables me to provide valuable insights and forward action plans for revenue and expense management.I have a strong background in financial planning and budgeting for commercial success in the retail sector. This includes forecasting sales, setting realistic targets, and efficiently allocating resources. I have successfully evaluated, assessed, and controlled book closure and P&L on a monthly, quarterly, and yearly basis. Additionally, I lead commercial analysis for the feasibility of new store/business ventures, developing key performance indicators (KPIs) and implementing effective controls.
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Consultant Director FinanceFreelance Hospitality Consultant Jan 2018 - Oct 2018IndiaI played a pivotal role in successfully turning around hotels that were experiencing financial losses within a short timeframe of 4-6 months, effectively restoring profitability and returning the business to the owners. Additionally, I led a significant project involving the development of a 75-acre luxury resort in Antigua. Through my efforts, I obtained approvals from both the Ministry and an investor based in London, demonstrating my ability to navigate complex projects and secure key endorsements.
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Director FinanceJupiter Capital (Hospitality Division - Niraamaya) Feb 2015 - Dec 2017BangaloreI have successfully implemented comprehensive financial and accounting policies and systems, including the development of profit and loss statements for different product lines, to proactively identify opportunities and mitigate risks within the organization. My responsibilities also encompassed presenting business plans to senior management, aligning corporate policies to drive both organic and inorganic growth at the group level. Additionally, I have spearheaded financial planning and analysis efforts, delivering comprehensive board reports on the overall performance of hotels and executing strategic action plans accordingly. Moreover, I have effectively managed various financial functions such as group accounting, budgeting, reporting, legal compliance, and company secretarial duties, ensuring adherence to Indian GAAP standards and the Company Act. Furthermore, I have successfully collaborated with Deloitte to oversee the statutory audit process and consolidate accounts with the parent entity.
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President FinancePeppermint Hotels Apr 2007 - Feb 2015Bangalore -
Regional Manager Finance - SouthBarista Coffee Company Limited Aug 2005 - Apr 2007Bangalore
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Senior Accounts ExecutiveLifestyle International Private Limited Sep 2002 - Aug 2005Gurgaon, India
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Finance ManagerCanfruit Exports India Pvt Ltd Feb 1999 - Aug 2002Hyderabad Area, India
Debasis Mohanty Skills
Debasis Mohanty Education Details
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Digital Finance Transformation
Frequently Asked Questions about Debasis Mohanty
What is Debasis Mohanty's role at the current company?
Debasis Mohanty's current role is CFO / Head of Finance - Startup / Hospitality / Retail.
What is Debasis Mohanty's email address?
Debasis Mohanty's email address is de****@****ail.com
What schools did Debasis Mohanty attend?
Debasis Mohanty attended The Institute Of Chartered Accountants Of India, Indian Institute Of Management, Lucknow, Indian Institute Of Management, Lucknow.
What skills is Debasis Mohanty known for?
Debasis Mohanty has skills like Hospitality, Food And Beverage, Hospitality Management, Hospitality Industry, Customer Service, Management, Pre Opening, Hotels, Hotel Management, Microsoft Office.
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Debasis Mohanty
||International Talent Acquisition Specialist || Global Recruitment|| Actively Hiring For Newzealand, Germany, Qatar & CanadaBhubaneswar -
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Debasis M.
Bengaluru -
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