Lalit Kumar Huria

Lalit Kumar Huria Email and Phone Number

Value partner to business growth through Equity Funding, Debt Restructuring, Strategic planning, Change Management and Board advisory. @ Quantum value CFO Services
Lalit Kumar Huria's Location
Delhi, India, India
Lalit Kumar Huria's Contact Details
About Lalit Kumar Huria

A competent person with Equity Funds raising (Seed, Series A, Series B), Strategic business planning, Business Restructuring, Risk Management capabilities to ensure sustainable solid profitable performance of the organization. With keen data analysis, forecasting & trend analysis skills, I know how to create and implement strategic business plans and automation in processes that deliver results.I possess strong expertise in debt syndication, project financing, Risk Management, Change Management, mergers and acquisitions, Internal Audit, Business Processes and statutory compliance and have a reputation as an engaging collaborator and strong leader of cross-functional teams.

Lalit Kumar Huria's Current Company Details
Quantum value CFO Services

Quantum Value Cfo Services

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Value partner to business growth through Equity Funding, Debt Restructuring, Strategic planning, Change Management and Board advisory.
Lalit Kumar Huria Work Experience Details
  • Quantum Value Cfo Services
    Founder & Ceo
    Quantum Value Cfo Services Apr 2020 - Present
    Gurgaon, Haryana, India
    - Specializing in Corporate Finance, Strategic Business Plan, New Project approvals/subsidies/grants, - Specializing in Equity Fund Raise - Pre seed, Seed , Series A and Series B.- Specializing in Business Turnaround, Change Management, Business Performance Measures & Reviews.- Specializing in Financial Restructuring, Acquisition & Fund raising.- Specializing in Family Succession Plans, Exit Strategy, Family Owners Plans, Managing Priorities etc
  • Vrs Foods Limited
    Cfo & Head It
    Vrs Foods Limited Dec 2015 - Apr 2020
    New Delhi Area, India
    I manage the Fund Raising, Business Process Improvements, commercial operations, working capital management, fund management, ensure accurate reporting and closure of financials on a monthly and quarterly basis based on IGAAP/ IND AS.Further responsibilities include managing and monitoring of transfer pricing across divisions, foreign currency loans & Risk Management.Key Accomplishments:Facilitated the improvement in EBIT by implementing better internal controls; improving supply chain processes and Business Process Restructuring.Raised Funds more than INR 250 Crores in last 3 years for Projects.Secured separate government grants to the value of INR 28 Crs under Packaged Scheme of Incentives (PSI) for new projects in Maharashtra State Government.
  • Study Leave
    Canada
    Study Leave Feb 2014 - Oct 2015
    Toronto, Canada Area
    Completed CPA from California Board of Accountancy as well as online data analytics studies with Tableau.
  • Numero Uno Clothing Ltd.
    Chief Financial Officer & Head - It
    Numero Uno Clothing Ltd. May 2011 - Nov 2013
    Gurgaon, India
    My role entailed the preparation of the annual business plan, operational review and reporting, strategic financial planning, reporting to private equity investors, information technology, financial reporting, supply chain management and retail stores integration.The organization consisted of 200 fashion retail stores across India with sales turnover of $50 million.Key Accomplishments:Strategic Financial Planning & RestructuringInitiated key role in improving EBITDA margins by 2 basis points through strategic initiatives such as moving the manufacturing plant to a duty free location; reviving government incentives; negotiating strategic exit for loss making brand as well as supply chain initiatives for merchandise.Introduced innovative budgeting and cost structure data analysis to management and board members while further protected gross margins in alignment with annual budget plans and monitored projects / Capex as per corporate objectives.IT ImplementationImplemented point of sale (POS) software to monitor store merchandise movements and customer relationship management (CRM) software to track customer movements; leading to over 5% growth in sales.Integrated new organization-wide financial reporting system (SAP-R/3 – IS/AFS Retail – ECC 6.0 version)OperationsImplemented savings of INR 1.5 Crores in incremental product realization, reduction in inventory carrying costs, overtime payment costs etc. with production planning & control process improvements & working capital cycle team reduction by 10 days.Improved merchandise supply chain and reduced lead time for imports of merchandise from Bangladesh and China as well as overall working capital cycle by 10 days.
  • Vrs Foods Limited/ Paras Healthcare Ltd
    Vp - Corporate Finance & It
    Vrs Foods Limited/ Paras Healthcare Ltd Sep 2001 - May 2011
    New Delhi Area, India
    (A multi locational company in dairy sector, involved in retail, wholesale, bulk sales and export of milk and milk products, having turnover of $Mil 400. The other group interest includes a 2 super specialty 300 bedded hospitals, and real estate developers & builders for residential and commercial properties). - Completed financial restructuring by amalgamating dairy related companies and implemented fixed assets revaluations as per corporate objectives defined leading to improvements in enterprise value and improvements in cash flow.- Strategized acquisition of a company based in Germany with deal size approx 25 mil Euros from business valuation modelling, initial bidding process,part of negotiation team, finalization of Memorandum of Understanding, due diligence etc.- Initiated business process mapping and aligned business process with Organization restructure for transformation of the business. - Implemented SAP R/3 ECC 6.0 version from planning till final implementation stage. And subsequently implemented SAP Business Objects to monitor KPIs and business dashboard leading to improvements and timelines of reports. - Successfully provided consultancy on ERP implementation at all locations for Paras Hospitals thereby managing common chart of accounts, common Bills of Material, Store Item master,pricing conditions and handled costing and contribution analysis.- Managed Milk Costs, mass balance and realization per kg of milk on day to day basis leading to monitoring of business margins on daily basis.- Raised funds $ 50 mil as per growth need of respective company through External Commercial borrowings (ECB), Term Loans, Commercial Paper, FCNRB, short term demand loans, loans against future building rentals and handling Private Equity Funds.
  • Ve Commercial Vehicles Limited (A Volvo Group And Eicher Motors Joint Venture)
    Sr. Manager - Finance & Accounts/ Internal Audit.
    Ve Commercial Vehicles Limited (A Volvo Group And Eicher Motors Joint Venture) Jul 1995 - Jun 2001
    Group Corporate Headquarter Delhi And Indore Area, Madhya Pradesh, India
    (A large, public traded, conglomerate in Heavy Commercial Vehicle (brand - Volvo), Light Commercial Vehicle (brand- Eicher), Motor Cycles (brand - Bullet), Tractors (Brand - Eicher) and Gears, Revenue $1300 Mil in 2013)The Key accomplishment includes:- Established Internal Audit Department across Group Corporate level for all Business units (incl. Tractors, LCVs, gears, Royal Enfield etc),with excellence in identifying risks for multiple business units across an enterprise wide structure; significant exposure in undertaking Internal Audits and Process Reviews to analyze risks and controls- Conducted audit workflow management including audit engagement planning, audit field work–analysis & review, audit documentation, audit monitoring & closures and reporting results to relevant stakeholders- Part of team which implemented standard reporting system across group based on SAP leading to standardisation of Monthly MIS.- Improved Improved business processes and Implemented cost reduction & waste elimination proposal leading to savings of more than $1 Mil.- Conducted Risk Assessment Study of tractor Dealers and evolved comprehensive Credit Policy leading to credit control and growth in volumes.
  • Lalit Huria & Co.
    Self Practice.
    Lalit Huria & Co. May 1992 - Jul 1995
    Delhi.
    - Handling Internal Audit and consultancy assignments for various clients. - Major Clients Handled: Trusts, Firms, Individual Clients, Lipton India Ltd and Stencil Apparels Brands Ltd.
  • Pwc ( Lovelock & Lewes )
    Sr. Auditor
    Pwc ( Lovelock & Lewes ) Apr 1988 - May 1992
    New Delhi Area, India
    - Conducting the Statutory Audits, Due Diligence and Business Valuation Studies- Dealing with Registrar of Companies, Delhi and Haryana- Developed Audit Manuals with Coopers team. Major Clients Handled: ITC, ICI – Fertilizer Division, Lipton India, Phillips, Standard Chartered Bank, and Sanwa Bank, etc.

Lalit Kumar Huria Skills

Finance Business Planning Business Strategy Corporate Finance Mergers And Acquisitions Management Financial Analysis Business Process Improvement Month End Close Year End Accounts Financial Modeling Internal Controls Internal Audit Business Intelligence Sap Budgets Strategic Financial Planning Investor Reporting Risk Management Investor Relations Business Process Strategic Financial Planning And Anlalysis Financial Reporting And Internal Controls Fund Raising Transfer Pricing Fast Moving Consumer Goods Automobile Hospitals Investor Relationship Management Consulting Benchmarking Business Process Re Engineering Supply Chain Optimization Fmcg Business Intelligence Tableau Capital Item Justification Hedge Accounting Standards Import And Export Licencing Team Management Due Diligence Commercial Laws

Lalit Kumar Huria Education Details

Frequently Asked Questions about Lalit Kumar Huria

What company does Lalit Kumar Huria work for?

Lalit Kumar Huria works for Quantum Value Cfo Services

What is Lalit Kumar Huria's role at the current company?

Lalit Kumar Huria's current role is Value partner to business growth through Equity Funding, Debt Restructuring, Strategic planning, Change Management and Board advisory..

What is Lalit Kumar Huria's email address?

Lalit Kumar Huria's email address is lh****@****ail.com

What schools did Lalit Kumar Huria attend?

Lalit Kumar Huria attended The Institute Of Chartered Accountants Of India, California Board Of Accountancy, Delhi University..

What are some of Lalit Kumar Huria's interests?

Lalit Kumar Huria has interest in Investment Advisory And Risk Management, Business Quantum Growth Strategies, Business Plan, Health.

What skills is Lalit Kumar Huria known for?

Lalit Kumar Huria has skills like Finance, Business Planning, Business Strategy, Corporate Finance, Mergers And Acquisitions, Management, Financial Analysis, Business Process Improvement, Month End Close, Year End Accounts, Financial Modeling, Internal Controls.

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