Chief Financial Officer
CurrentKey Result Areas:•Establishing systems and processes by establishing SOPs for finance functions of group firms, as well as other service functions, with an emphasis on process automation•Performing group account consolidation, including overseas subsidiaries as per IND-AS, US-GAAP, and IFRS standards•Conducting management accounts for all group entities on a monthly, quarterly, semi-annually, and annual basis•Administering customer/vendor management, including follow-ups and… Show more Key Result Areas:•Establishing systems and processes by establishing SOPs for finance functions of group firms, as well as other service functions, with an emphasis on process automation•Performing group account consolidation, including overseas subsidiaries as per IND-AS, US-GAAP, and IFRS standards•Conducting management accounts for all group entities on a monthly, quarterly, semi-annually, and annual basis•Administering customer/vendor management, including follow-ups and internal liaising for all organizations•Leading treasury management, annual budgeting, indirect & direct taxation, transfer pricing and forecasting for all organizations, including foreign subsidiaries•Coordinating & performing statutory audits, internal audits, and IFC audits for all companies, including overseas subsidiaries•Consolidating the results quarterly, including earnings calls, as per stock exchange listing agreements•Ensuring statutory compliance with all statutory organizations in India, the United States, and SingaporeSIGNIFICANT ACHIEVEMENTS•Money raised through INR 23 crore private placement•Valuation of equity, for investment in overseas subsidiaries•Confirmed conformity with an increasing number of regulations and laws in countries like India, the USA, and Singapore•Attained a treasury portfolio worth over INR 100 crore and exceeded the yield target, including FX trading optimization•Completed tax planning and direct responsibility of all group Companies, including overseas subsidiaries•Founded a new E-Commerce subsidiary in the United States, 123Stores, Inc., as well as a step-down subsidiary in India•Working capital funding for US$ 20 million in the most efficient manner•Ascertained Service Tax/ GST refund from government authorities as per the current GST refund rules•Executed various projects successfully including POEM, Economic Nexus (Sales & Use Tax), and CARES Act Compliances in the United States for E-Commerce business Show less
