Mrinal Samanta

Mrinal Samanta Email and Phone Number

LLB - Indian Law | MBA-Finance | Project Controlling | Project Accounting | Project Management | Contract Management | Finance Shared Service | Stakeholders Management | Finance Controlling. @ McDermott International, Ltd
houston, texas, united states
Mrinal Samanta's Location
Chennai, Tamil Nadu, India, India
Mrinal Samanta's Contact Details

Mrinal Samanta work email

Mrinal Samanta personal email

About Mrinal Samanta

MBA and LLB Professional with 22+ years of rich experience in Designing & Implementing financial systems to facilitate enhanced financial control and make the business processes more robust for E2E Project Controls and Commercial Project Management domain. Leverage skills in administering the commercial, compliance, and financial aspects of prime contracts, works extensively with Business Development, Project Management and other corporate and functional groups to ensure unlocking values. Expertise in managing all aspects of financial terms and conditions of key contracts, interpreting contractual obligations, Risk & Opportunity; responsible for monitoring and evaluating commercial and financial issues for management reporting. Provided strategic consulting, negotiation support and analytic perspective to management and key business stakeholders on multiple Contracts in support of the financial and operational objectives of the group.Proficient in establishing consistent and appropriate business practices, enhanced controls for risks; instituted controls, teamwork and accountability throughout the entity. Strong problem solving & technical skills coupled with confident decision making for enabling effective solutions leading to successful outcomes in complex environment. Designing tax and regulatory compliant structures for inorganic / transaction structuring opportunities globally. Rectified several inconsistencies in processes by implementing stringent internal control procedures (both financial and operational) leading to more transparency and accountability. Skilled in providing financial and business management leadership that facilitated growth. Exceptional in coaching& training team members on contract management, identifying and resolving control issues on process. If you wish to know more about my experience or can think of me being an asset to your organization then please contact me at +91-9908314141 or email me at mrinal2k8@gmail.com.

Mrinal Samanta's Current Company Details
McDermott International, Ltd

Mcdermott International, Ltd

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LLB - Indian Law | MBA-Finance | Project Controlling | Project Accounting | Project Management | Contract Management | Finance Shared Service | Stakeholders Management | Finance Controlling.
houston, texas, united states
Website:
mcdermott.com
Employees:
25009
Mrinal Samanta Work Experience Details
  • Mcdermott International, Ltd
    Lead Project Accounting And Controlling
    Mcdermott International, Ltd Mar 2021 - Present
    Chennai, Tamil Nadu, India
    • Partner with business units on various business initiatives, new business opportunities, acquisition and provide financial advices to such initiatives and take a leading role in the relevant finance related activities in such deals Liaison with regional and corporate colleagues to address various accounting / controlling related matters, and management external advisers, auditors and consultants for various projects• Being the single point of contact (SPOC) for the broader finance community on issues pertaining to assigned projects• Monitor, control and update project costs, risks, billings, invoicing, accruals, provisions, hedging, bank guarantees, insurance, taxation and project reports• Engage in identification and financial evaluation of opportunities and risks, definition and implementation of appropriate measures for mitigating risks or exploiting opportunities as well as establishment of reserves for remaining risks• Collaborate with business and finance stakeholders to provide robust financial support and strategic input on complex and global business development opportunities• Design & implement policies & procedures to facilitate internal financial & process controls and creating tools to measure financial & operational performance
  • Siemens Gamesa Renewable Power Private Limited
    Sr.Project Finance Controller
    Siemens Gamesa Renewable Power Private Limited Nov 2019 - Mar 2021
    Chennai Area, India
    Responsible for Financial Reporting, Budgeting and Forecasting and Translates strategy into business plans and establishes measurable targets. Oversees the business planning and forecasting process for the area of responsibility and serves as the interface to HQ/Country CFO/Global/Local Division Manager. Evaluates financial implications of various strategic.• Costing, Budgeting, Contract Management, Taxation ,Ind AS 115 , IFRS 15, DTAA regulation FEMA Act, Foreign trade policy,
  • Va Tech Wabag Ltd.
    Sr.Manager - Project Controlling & Contracts Management
    Va Tech Wabag Ltd. Mar 2016 - Nov 2019
    Chennai Area, India
    • Regular controlling & Monitoring of Order costing, receiving & dispatch, taxation formalities, order profitability, cost reduction exercises, proper order closure etc. in order to achieve business result & compliance to PM processes• Check the order before booking in SAP if the same is per our offer and conditions are met eg advance, terms and conditions, costing, Bank delivery Order, Letter of credit, approvals if required etc.• Identifying/Evaluating project Cost Risk, contractual risk & financial risks.• Comment on Project time schedule (Review & compare with the contract time schedule) and raise red flag in case of delays• Costing , Budgeting, Contract Management, Taxation, DTAA regulation, Foreign trade policy, Project Export, Project Import, Cost Review Sheet , Late Delivery , Extra Claim , PVC , Time Extension , POC , Revenue Recognition , Invoicing , Collection , Letter of Credit , Bank Guarantee , Project Closer , PAC , FAC
  • Siemens
    Commercial Project Manager
    Siemens Jun 2012 - Mar 2016
    Kolkata Area, India
    Job Description• MIS & Controlling - Collect, analyses tabulate and communicate business figures in order to provide information for monitoring business progress and take corrective action necessary to achieve overall business plan. • Cash Flow Analysis & Revenue Planning - Invoicing, execute cost analysis, gross margin controlling including update and management• CTC Analysis -As an on-going process to keep on identifying and evaluating all the project related risks and analyze the same along with its cost. Simultaneously, prepare risk mitigation plan. Factor the probable risk in the projected CTC for each project • Order Acquisition / Revenue Planning-Pricing and preparation of offers, participate in commercial discussions, handle customer query in order to ensure meeting planned OV & SM with guidelines.• Execution-Booking of recovery, clearing vendor bills, book orders in the system, Delivery follow-up, Identify risks in order to achieve planned TO & profitability• Statutory requirements-Ensure all statutory requirements related to excise, sales tax, road permits, C-Form are met with, in order to adhere to legal requirements.• Receivable & Debtors Management - Submission of Client bills (both Civil, Structural, Supply, Erection, Foreign Supervision, Customs Clearing, D&E etc.• Project Controlling & Monitoring- Reviewing contracts to clarify commercial terms and ensuring compliance, Order Costing, Project reviews, receiving & dispatch, taxation formalities, order profitability, proper order closer etc. In order to achieve business result. Ongoing project risk contingency development and update.• Budget Monitoring - Annual and Monthly Budgets monitoring, Calculation of Variances with respect to budgets and further analysis, closely working with business for preparation of Short term and Long term business plans and conducting feasibility studies.
  • Shapoorji Pallonji And Company Limited
    Project Commercial Manager
    Shapoorji Pallonji And Company Limited Jul 2010 - Jun 2012
    Rourkela
    • Management Information System - Collect, analyses tabulate and communicate business figures in order to provide information for monitoring business progress and take corrective action necessary to achieve overall business plan. • Preparation of Annual and Monthly Budgets. Calculation of Variances with respect to budgets and further analysis , Closely working with business for preparation of Short term and Long term business plans and conducting feasibility studies. • Driving cost reduction / optimization projects with cross functional team.• Ensure Compliance of Income Tax, Excise, Service Tax & VAT • Submission of Monthly/Quarterly VAT, Income Tax, TDS, Excise & Service Tax Returns.• Interacting with Banks, maintenance of cash book and Bank Book for Branch Office. Playing the Key role of Fund controlling & its disbursements for Rourkela Branch Office.• Handling Direct Tax (TDS) for entire Sub Contractor, issue TDS Certificate (Form 16A) & Compliance Income Tax Return (24Q & 26 Q) for Rourkela TDS Circle.• Playing the PIVOTAL ROLE in preparation and submission of Client bills (both Civil, Structural & Supply) to SAIL-Rourkela Steel Plant (RSP) and after that regularly interacting with the Finance department of SAIL-RSP for releasing of the same at the earliest (Resolving all commercial disputes). • Verification of supplies and subcontractors’ bills and invoices as per agreement and contract.• Maintain P.F , ESI, Lab our License and all statutory matter related to projects• Maintaining and controlling all project agreement and related documents;• Well organized, able to work as part of a team and Good communication skill;
  • Simplex Projects Ltd
    Manager Accounts
    Simplex Projects Ltd Sep 2009 - Jun 2010
    • Management Information System - Collect, analyses tabulate and communicate business figures in order to provide information for monitoring business progress and take corrective action necessary to achieve overall business plan. • Preparation of Annual and Monthly Budgets. Calculation of Variances with respect to budgets and further analysis , Closely working with business for preparation of Short term and Long term business plans and conducting feasibility studies. • Initiate and develop various cost based analysis to support business taking informed decision. • Developing and reviewing system for collection of cost information, classification, allocation and apportionment. • Driving cost reduction / optimization projects with cross functional team.• Verification of supplies and subcontractors’ bills and invoices as per agreement and contract;• Maintaining and controlling all project agreement and related documents;• Demonstrated expertise in mobilizing and managing financial resources to meet company’s long and short-term financial needs. Ability to manage financial and material resources towards the achievement of stated objectives, to plan and manage work programs & to lead, motivate and provide effective guidance to a team of professional and support staff.
  • M Far Constructions Pvt. Ltd.
    Executive Accounts – Projects
    M Far Constructions Pvt. Ltd. Jun 2006 - Jun 2009
    Kolkata Area, India
    • Verification of supplies and subcontractors’ bills and invoices as per agreement and contract;• Maintaining and controlling all project agreement and related documents;• Preparation of Monthly Budget and fund utilization statement over the projects. • Verifying & processing of project related payroll, suppliers’ and subcontractors’ payment as per contract agreement and cash flow projection of project;• Preparing, monitoring and submitting invoicing to the client;• Submitting month-end Profitability statement project wise and financial repots for payables and receivables related to the projects;
  • Power Max (India) Pvt. Ltd
    Sr. Executive (Finance & Accounts)
    Power Max (India) Pvt. Ltd Dec 2004 - May 2006
    Kolkata Area, India
    • Verification of supplies and subcontractors’ bills and invoices as per agreement and contract;• Preparation of Monthly Budget and fund utilization statement over the projects. • Verifying & processing of project related payroll, suppliers’ and subcontractors’ payment as per contract agreement and cash flow projection of project;• Submitting month-end Profitability statement project wise and financial repots for payables and receivables related to the projects;• Preparing cash payment vouchers and bank payment voucher for the projects;

Mrinal Samanta Skills

Negotiation Project Management Construction Finance Contract Management Accounting Contract Negotiation Team Management Project Planning Supply Chain Management Procurement Mis Auditing Engineering Project Engineering Training Management Account Reconciliation Human Resources Management Information Systems

Mrinal Samanta Education Details

Frequently Asked Questions about Mrinal Samanta

What company does Mrinal Samanta work for?

Mrinal Samanta works for Mcdermott International, Ltd

What is Mrinal Samanta's role at the current company?

Mrinal Samanta's current role is LLB - Indian Law | MBA-Finance | Project Controlling | Project Accounting | Project Management | Contract Management | Finance Shared Service | Stakeholders Management | Finance Controlling..

What is Mrinal Samanta's email address?

Mrinal Samanta's email address is mr****@****bag.com

What schools did Mrinal Samanta attend?

Mrinal Samanta attended Great Lakes Institute Of Management, Sikkim Manipal University Of Health, Medical And Technological Sciences, City College Of Commerce & Business Administration ( Calcutta University ), Institute Of Rail Transport, Vidyasagar University.

What skills is Mrinal Samanta known for?

Mrinal Samanta has skills like Negotiation, Project Management, Construction, Finance, Contract Management, Accounting, Contract Negotiation, Team Management, Project Planning, Supply Chain Management, Procurement, Mis.

Who are Mrinal Samanta's colleagues?

Mrinal Samanta's colleagues are Zainal Abidin, Adi Lee, Joji Monachan, Anton Xavier Prince, Rafael Unjie, Flavia Mercado, Dedi Suryadi.

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