Dharmendra Parmar Email & Phone Number

Nairobi County, Kenya

Kenya

The group is a conglomerate with diverse business interests ranging from Mining, LPG storage and distribution, Renewable Energy, Aviation, Telecom, Agri Trading, Leather, Tourism, Healthcare, Business process outsourcing having prescence in Africa and Middle East.My role is in Corporate Finance, Internal audit, Strategy planning.

Nairobi, Kenya

A Mauritius based Investment holding company of Kenyan/Canada/UK based Chandaria family and private equity funded ( Catalyst/IFC) companies in to FMCG Contract Manufacturing, Packaging, Chemical and Agro Chemical Trading and nutrient-rich product manufacturing.

Nairobi Kenya

Bidco group of companies having interest in Fast Moving Consumer Goods manufacturing and distribution across east and central Africa.

Tanzania

Founded in 1967, ETG owns and manages a vertically-integrated agriculture supply chain with operations in procurement, processing, warehousing, transportation, distribution and merchandising. ETG has 6600 employees across 36 countries globally and operates 71 processing plants and more than 300 warehouses and having valued at USD 1 Billion.Japanese co. Mitsui invested recently. ETG is a global leader in pulses, sesame and raw cashew nuts trading. The Company’s product portfolio also includes fertilizer, oilseeds, sugar, coffee, wheat, rice and maizeAs Group Dy. Chief Financial Officer and Executive Committee member reporting to CEO, CFO and Board of Directors.Number of staff reporting: All country finance controllers (CFC) and HODs of support functions like. Information technology (IT), ERP, Human resource (HR), Internal audit, Sustainability, Company secretary & legal, Consolidation, Statutory audit and MIS.From October 2010 onward.• Responsible for managing complete restructuring of holding and subsidiary structure through Mauritius and Singapore holding with tax planning.• Introduced and managing preparation of monthly management reporting (MMR) including consolidation of more than 100 plus subsidiary spread across the world.• Recruited more than 100 plus professional in the group to streamline various functions.• Drafted accounting policies, internal controls, and internal audit from scratch under IFRS and audited by KPMG.• Guiding and monitoring all the Finance controllers for Treasury, accounting, audit and compliance.• Successfully attended five (5) financial and commercial due diligence conducted by private equity investors and developed Financial institutions.• In charge of Transfer pricing study for the group conducted by KPMG.• Introduced external Forex advisory services expert and started Forex Treasury department in the group by preparing country wise forex exposure policy for timely hedging of currency exposure. •

Greater Jakarta Area, Indonesia

A RAK (Ras Al Khaima, one of the emirates of UAE) Investment authority’s group company, USD 2 Billion green field coal Mining,Rail & Road & import and export Jetty and captive power plant Infrastructure company,Singapore based out of Jakarta, Indonesia. Mine at Kalimantan.http://www.mec-holdings.com/As a Chief Financial Officer( CFO) reporting to CEO and Managing Director.Number of people reporting to me: 15 including finance, admin and procurement.• Appropriate fund utilisation,helping head office to raise funds from banks, multilateral institution, International Finance Corporation, Export credit funding agencies to the tune of USD 200 Million.• Treasury functions related to placing/parking funds with resourceful and strategic banks in different country mainly Singapore, Indonesia and Middle east region. • Maintainance of books of accounts (projects) of different subsidiaries and holding companies under IFRS standards.• Preparation of budget/business Plan, feasibility study of 25 years in association with Mckinsey & Company and KPMG.• Enabling commercial decision in appointing various international contractors and agencies through negotiations and procurement of all IT and non IT related equipments.• Contract finalization and contract management drafting under FIDIC documentation guidance.• Responsible for statutory audit being done by Ernst & Young.• Administration of payroll for better tax planning.• Opening of bank accounts and maintaining relationship with various banks.• Appointing & intereacting with statutory (E&Y), tax (PWC) & internal auditor (KPMG) for better internal control, tax planning and statutory compliance.• Preparation of Dashboard, monthly MIS for the project to the top management, various corporate compliances etc.

India

• Design, coordination, training and implementation of Global Accounts payable process and Accounts receivables in India for various country Germany, France, Italy, Belgium UK and US etc.• Raised monthly Invoices, collection of dues and reporting to the parent company on monthly MIS, preparation of annual accounts, Income tax and wealth tax return. TDS and TDS return Income tax assessment with IT authority with transfer pricing cell. Service tax compliance. Timely physical verification of assets etc.• Compliance of all the statutory requirements viz. Company Laws, STPI, Customs, RBI, Excise, Service Tax, Income Tax and dealing with Statutory and Internal Auditors. US, Canadian and Indian GAAP and IFRS Environment.• Consolidation/Accounting of various branches/Service units of Europe.• Complete responsibility of full time company secretary and pay roll in charge.• Involved in various processes and defining Risk and Control matrix compliance under Sarbanes-Oxley Act (SOX 404). Identified various controls to plug the revenue leakage and control of expenses.• Played a leading role in obtaining ISO certification from BVQI.• Attended Training of Six Sigma methodologies (DMAIC) and application of theory in project and obtained a Green Belt certificate after completing the project on Accounts Payable.• Implementation of SAP in India and reporting MIS in Global formats.• Evaluation of pricing model and working with PriceWaterhouse, Consultant for Transfer pricing agreement.

Master’S Degree, Accounting And Finance

Master’S Degree, Company Secretary And Corporate Governance