Deependra Kumar Joshi Email and Phone Number

Ensured monthly preparation of Books of Accounts, MIS, Monthly P&L, and Balance Sheet, Monthly Cash Flow Statement and other reports as and when needed by ManagementHeading finance functions involving determining financial objectives and designing & implementing financial plans & systems to facilitate internal financial controlEnsuring preparation of financial reports to determine financial viability, projecting cash flow & growth opportunity while preparing projected financial statementsFormulating budgets for material consumption, establishing norms for fixing standards for the year, reviewing performance of the abnormal costs borne and directing cost & detailed variance analysisAnalyzing the information memorandum and full financial details from data room of the potential acquisition opportunity and projecting P&L, balance sheet, fund flow and growth opportunitiesImplementing effective costing systems for determining costs at various stages, monitoring various overheads and achieving optimum cost controlLeading & guiding the Group Finance Teams and reviewing subsidiary business plan to meet the organizational goals Drafting operational strategies for achieving accelerated growth by giving out long term & short-term planning in line with the organization requirements and periodically monitoring the sameAcknowledged for developing and implementing financial & operational controls that improves P&L scenario and competitively positions the firmSupervising the entire Commercial & Supply Chain network which includes inventory management, contract management, logistic and warehouse

(Imperial Auto is an Rs.1350 Crore Company engaged in manufacturing of Automobile parts, having 20 plants all over India.)Notables: •1managed the operations, instituted financial controls & discipline, effectively discharged functions and achieved higher rate of organic growth Directed implementation of best practices in acquisition due diligence, modelling, integration and accounting processesIdentified & examined financial opportunities to improve processes and profitability including investment / divestment in various business units Ensured monthly preparation of Books of Accounts, MIS, Monthly P&L, and Balance Sheet, Monthly Cash Flow Statement and other reports as and when needed by Management for Three PlantsHanded various stages of liaison covering preliminary planning, identifying and assessing risks, highlighting various risks by communicating in form of suitable response & concluding with liaising standards and methodologyCreated management tools to measure financial & operational performance such as financial ratios, trend analysis, variance analysis, key performance indicators and developing financial modelsConducted financial modelling & feasibility study for new Businesses; reported progress on special projects identified at strategic level and helped in preparation of corporate presentations to bankers, financial institutions & private equity investors Supported development and evaluation of business cases for new business lines & capital expenditures •Business Performance Improvement: Facilitate annual budgets and support functional budgets, forecasts on rolling basis, 3+9, 6+6, 9+3, to drive business predictability and reviews & business strategy for allocated businesses/companies. Assist heads of allocated businesses in identifying projects for improving performance. Report progress on projects identified for allocated businesses. •Costing Activities: Determining the cost for products at corporate.

(Its a Joint Venture of Dorset and Kaba of Switzerland for the manufacture of Door Locks and Security Systems by the brand name of “dorset Kaba” and other builders hardware in the brand name of “dorset”, having its manufacturing units at Gurgaon and Haridwar and Corporate Office at New Delhi)Business Planning:Responsible for financial planning, Annual Budget, MIS reports, Cash & Fund Management.Develop project feasibility studies, to examine project viability, return on investment, and pay back periods, for approval by the management.Develop and implement, Key Business Strategies, ie business structures-ensuring & building controls around businesses and getting the same captured in reporting.Develop and implement costing assumptions, for all business lines, including product & process costing, for manufactured and trading business. Cost sheets to be developed for all products, and manufacturing processes.Finance , Accountings & Commercial Activities:Responsible for maintenance of books of accounts and development & implementation of compliance with Accounting Standards on receivables, payables, expenses, revenue, employee accounts and claims and General Ledger Accounting.Preparation of all finance reports and financial statements comply with the standards set, and are in accordance with Management agreements.Responsible for handling the accounting activities of the multi-location units.Preparation of bank proposal for Working capital limits & other bank finances like term loans etc.Inventory Control, Stock Taking, and valuation of Stock.Handling the cash and cash transitions.Import Control including Indent, payments, release of material from the port etc.People Management:Provide key inputs to HR Team towards developing key HR process having financial implication, and impacting Employee Satisfaction like Mediclaim, Fringe Benefits, payroll management, travel, Local conveyance, Telephone, leave and advances policies, etc.

Finance, Accountings & Commercial Activities: • Preparing financial reports that showcase and anticipate the organization's financial position in terms of revenue and profitability; Project Implementation, Monitoring and Capitalization of Fixed Assets.• Evaluation of operational efficiency levels & recommending cost control measures for improvement in accounting/ taxation processes. Performing analytical review of financial statements and evaluation of internal control systems, financial systems, and management procedures to ensure that records are accurate and controls are adequate.• Management of accounts payable, accounts receivable & invoicing, collection, cash flow and reporting of working capital performance.• Import Control including Indent, payments, release of material from the port etc.• Inventory Control, Stock Taking, and valuation of Stock.• Handling the cash and cash transitions.Finance/Fund Management• Banking operations relating to preparation of projected Balance sheets, projected data for sanction of working capital limits. Preparation of CMS data for annual appraisal of bank Limits. Liaising with banks / financial institutions for raising adequate finance to meet working capital and long-term capital requirements.• Monitoring the inward / outward flow of funds and taking adequate measures to ensure availability and optimum utilization of fund.• Monitoring Cash flow on the operations of the company to review the cash position and forecast funds required for numerous expenses.Taxation / Statutory Compliances:• Coordinating with Internal and Statutory auditors• Ensuring the compliance of Income tax, TDS, Fringe Benefit Tax, Sales tax, Service Tax, VAT, ROC matters and other statutory requirements.• Ensuring timely filing of returns as per the mandatory enactments.• Preparing tax plans with a view to minimize the tax incidence.• Liaison with various government departments, ensuring smooth business operations.