Kumar Sittambalam

Kumar Sittambalam Email and Phone Number

Corporate Controller - Strategic Leader - Problem Solver @
Kumar Sittambalam's Location
Shelton, Connecticut, United States, United States
About Kumar Sittambalam

• Enthusiastic, energetic, and motivational team player willing to be hands-on where necessary• Experience with a variety of cultures through work in diverse global environments• Excellent communicator with demonstrated ability to collaborate with staff, management, business partners, and other stakeholders at all organizational levels• Outstanding blend of organization, prioritization, leadership, and interpersonal skills• Direct multi-site cross-functional teams across all projects and organizational initiatives from conceptto completion• Provide sound consultative and strategic advice to executive-level teams and Board members• Consistent success is rooted within the combined concepts of quality, continuous improvement, and effective process enhancementsKey Strengths• Strategy Identification and Implementation• Strategic Business Turnarounds• Financial Analysis• Superlative Financial Management• Budgeting and Forecasting• Analytical Problem Solving• Meeting Organizational Objectives• Team Contribution and Leadership• Financial Reporting (US GAAP, IFRS)• ERP Implementation• Enhanced Profitability• Debt Covenant Compliance

Kumar Sittambalam's Current Company Details
Envipco Group

Envipco Group

Corporate Controller - Strategic Leader - Problem Solver
Kumar Sittambalam Work Experience Details
  • Envipco Group
    Corporate Controller
    Envipco Group 2002 - Present
    New York, New York, United States
    • Joined as Corporate Controller to assess a new acquisition made by the Group in New York in 2001• Skillfully introduced processes and negotiated strategic decisions, transforming the operation from a loss in 2001/2002 to a profitable outcome within 3 years; maintained segment profitability for 20+ years• Ongoing responsibilities:o Lead annual budgeting and forecasting processo Maintain parent company's books in user-friendly software in the USo Scrutinize assumptions, validate data, and ensure budget/forecast rigoro Conduct thorough monthly financial analyses, comparing results against budgets and previous periods. Offer explanations for varianceso Efficiently manage the annual physical inventory verification processo Collaborate closely with the group's auditors annually, consistently gain unqualified opinions for o Play a major role in securing funding activities for the business through meticulous reporting for unqualified opinions for 20+ years• Selected accomplishments:o Undertook the responsibility of consolidating financials for the group's multi-country operations in the UK, Germany, France, Greece, Romania, Portugal, Sweden, and the Netherlandso Spearheaded financial management of a Joint Venture Partnership with the USA's largest beverage distributor by successfully introducing the Recycling Working Model in the Non-Deposit state of Texaso Served as a key member of the team at Envipco Group, responsible for securing and managing credit facilities from a major lender, initially negotiating a deal in 2011 and later substantially increasing it; continue to work successfully with them to dateo Spearheaded implementation of an Enterprise Resource Planning (ERP) system in 2012o Streamlined inventory management and strengthened internal controlso Served as Secretary to the Envipco Group and served as Director/Treasurer for two subsidiary companies in the US overseeing all state filings for DE, CT, MA, and NY to ensure Good Standing compliance
  • Premdor Systems Group
    Division Controller
    Premdor Systems Group 2000 - 2001
    • Led rapid monthly results turnaround within 3 days post-month-end following a 4-4-5-week close process• Provided weekly revenue reports to streamline month-end closure• Successfully collaborated with the group auditor (Big 4) to consistently issue unqualified opinions each year• Enhanced inventory management by meticulously allocating and recovering labor and overhead costs in the manufacturing process• Fostered robust relationships with colleagues and peers, effectively gaining buy-in for improved internal controls to benefit the group

Kumar Sittambalam Education Details

Frequently Asked Questions about Kumar Sittambalam

What company does Kumar Sittambalam work for?

Kumar Sittambalam works for Envipco Group

What is Kumar Sittambalam's role at the current company?

Kumar Sittambalam's current role is Corporate Controller - Strategic Leader - Problem Solver.

What schools did Kumar Sittambalam attend?

Kumar Sittambalam attended Cranfield University.

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