Hari Hara Subramanian Email and Phone Number
“You never change your life until you step out of your comfort zone; change begins at the end of your comfort zone.” – Roy T.BennettThe above quote sums up the significant pivot I’ve made in my professional life from the safety and comfort of working in a large organisation to getting on the start-up company over 14 years ago. It’s been a satisfying, challenging and bar raising journey. To me, an effective CFO is a partner to each of the business’ key constituents - executives, sales team, investors, customers, vendors and delivers the tools, information and analysis that empower each to drive exceptional performance.In my position as a CFO, I get involved in strategic planning and transformational agenda, focusing on increasing transparency of the business to both management and shareholders, building and developing management information systems, identifying and completing acquisitions for organic and inorganic growth, establishing JVs, negotiation and structuring of the transaction, fund raising, strengthening and growing finance teams, managing costs through process improvements and benchmarking, ERP implementation, strategic HR.As a CFO, I am a trusted partner to the management of the company, evaluating, challenging and finalising business plans and investment ideas applying shareholder mentality with the focus on a longer-term value generation to potential decisions. Prior to becoming CFO of Star Boxes India (P) Limited, I had worked in TVS group of companies and Chemplast Sanmar, in Business Accounting.Outside work, I am an avid Marathon Runner and a fitness freak.
Star Boxes India Pvt Ltd
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Chief Financial OfficerStar Boxes India Pvt Ltd Sep 2008 - PresentIn• Implemented Accounting and Reporting systems and Budgetary Control Systems across the group. • Effectively managing and leading the team of close to 40 people across various functions viz. finance & accounting, HR & Administration, Supply Chain Management.• Received appreciation for proven skills in improving the operational cost savings, integrating the finance functions across the organization and excellence in performance.• Possess capabilities to effectively improve processes, identify strengths/weaknesses, and implement new solutions and systems for optimizing productivity.• Heading the function of Supply Chain Management for the group – Encompassing the activities of Inbound and Outbound Logistics, Subcontractor management and other related logistics functions.• Lead ERP implementation team and ensured effective implementation across the group • Leading the team in identifying, strategizing and formalising a joint venture arrangement by diversifying into one more product line for the group – Encompassing the activities of negotiation, discussion, drafting and finalisation of joint venture agreements, incorporation and operationalizing the company, recruiting the team, loan syndication, discussion with the customers and implementing the group practices.• Leading the team in strategizing and acquiring a company thereby diversifying the group into a new line of business – Leader of the team, encompassing the activities of negotiations, finalising, getting approval from the board on the proposal, loan syndication, legal process, implementing HR practices, revamping the team and business and related HR & financial compliances.• Key contributor of the team in turnaround of the organisation by working closely with the management • Implementation of HR practices across the group• Work very closely with the management and the board on various business and operational strategies -
Group Finance ManagerSaag Rr Infra Limited Jul 2007 - Sep 2008• Cash flow management • Implementation of MIS system – Preparation and presenting the management on monthly basis the MIS comprising of financial statements, project wise profitability and variance analysis statement (Budget Vs Actual) • Preparation, submission of the financial statements to the parent company in Malaysia for facilitation of consolidation of accounts at group level in Malaysia• Co-ordination with Internal, Statutory and Group Auditors (Malaysia) and presenting the Board on quarterly basis the financial reports• Finalisation of Accounts in accordance with Indian Accounting Standards and International Financial Reporting Standards (IFRS)• Consolidation of accounts of subsidiaries• Valuation of companies, due diligence audit for acquisition of the companies and advising the management on acquisition plans• Funding arrangements for the company viz. co-ordination with banks for working capital and asset funding• Core member of the team which is involved in raising equity funding for the company and involved in the activities related to fund raising viz. preparation of financial projections for the group, co-ordination with the merchant bankers, funds • Handled Direct and Indirect taxes• Part of various committees viz. Tender Committee, Risk Management Committee, etc. -
Implementation Project ManagerScope International Ltd Jan 2007 - Jul 2007• Part of the project team which is involved in the implementation of Transaction Monitoring Solution globally in the Branches of Standard Chartered Bank to mitigate the anti-money laundering risks -
Deputy Executive ManagerChemplast Sanmar Limited Aug 2005 - Jan 2007In• Co-ordination with marketing & production team and Preparation of rolling budget on a quarterly basis • Preparation of product wise profitability reports on a monthly basis and analysis of fixed expenses • Preparation of project report suitably advising the management on project viability• Analysis of budgeted Vs actual capital expenditure with particular thrust ot the projects undertaken by the company and co-ordinating with the project team for analysis of variances• Co-ordination of Statutory Audit and responsible for finalisation of accounts• Receivables Management -
Senior Account ExecutiveEid Parry (India) Ltd Feb 2005 - Jul 2005Chennai, In• Co-ordination with marketing and production team and Preparation of annual budget for the division• Preparation of monthly profitability statements, quarterly review reports • Analysis of variances between budgeted and actual profitability and Presentation to the management • Preparation of product wise profitability statement and analysis of variances between budgeted and actual contribution• Co-ordination with marketing team in finalisation of pricing for the products zonal wise • Co-ordination with marketing and business development to arrive at Distribution Requirement Plan in the beginning of the month and analysis of profitability for the month and its impact for the year for presentation to the management• Preparation of cash flow statements and analysis of funds position for the division -
Senior Account ExecutiveSundaram Auto Components Limited Feb 2003 - Feb 2005Hosur, Tamil Nadu, In• Responsible for finalisation of accounts including consolidated financials and co-ordination with Internal & Statutory Auditors.• Preparation of profitability statement of the company on monthly basis including customer wise profitability analysis and presentation to the management.• Preparation and analysis of daily fund report and monitoring of funds position.• Co-ordination with operations, collection of data, preparation and submission of quotations to the customers.• Preparation of project report suitably advising the management on selection of projects.• Led Costing team that made presentation to the management on cost control for establishment of policy plan • Co-ordinator of cross functional team for implementation of Activity Based Costing (ABC) in the company and made presentation to the management on the profitability as per ABC • Co-ordination with other departments to achieve cost reduction and profit improvement plan. -
Internship TraineeSundaram Clayton Limited 2001 - 2003Chennai, Tamil Nadu, In• Preparation of consolidated financial statements of M/s.Sundaram-Clayton Ltd. and its 8 subsidiaries.• Preparation of revenue and capital schedules and assisted in finalisation of accounts and audit• Preparation of Cash Flow Statements. -
Article AssistantVictor Grace & Co - India 1999 - 2001Chennai, Tamil Nadu, In
Hari Hara Subramanian Education Details
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Indian Institute Of Management, LucknowGeneral -
Xlri JamshedpurAccounting And Business/Management -
Institute Of Chartered Accountants Of IndiaAccounting And Finance -
Institute Of Cost Accountants Of IndiaAccounting And Finance -
Gurunanak CollegeAccounting And Finance
Frequently Asked Questions about Hari Hara Subramanian
What company does Hari Hara Subramanian work for?
Hari Hara Subramanian works for Star Boxes India Pvt Ltd
What is Hari Hara Subramanian's role at the current company?
Hari Hara Subramanian's current role is Chief Financial Officer – Strategic Finance | Process Controls & Improvements | Strategic HR | Supply Chain Management.
What schools did Hari Hara Subramanian attend?
Hari Hara Subramanian attended Indian Institute Of Management, Lucknow, Xlri Jamshedpur, Institute Of Chartered Accountants Of India, Institute Of Cost Accountants Of India, Gurunanak College.
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