Padmanabhan B

Padmanabhan B Email and Phone Number

Consultant & Advisor Finance at Free Lancer @ TSA Process Equipments
bombay, maharashtra, india
Padmanabhan B's Location
Pune, Maharashtra, India, India
About Padmanabhan B

Worked as Group CFO of an Indian MNC with top line of about $ 1.7 Bio and operations spread across 4 continents and 14 countries. Was appointed as Board member in 6 subsidiaries of the holding company. As Group CFO involved in all the strategic decisions leading to the exponential growth of the group. Exposure to the global accounting and tax practices and got rich experience in the treasury operations at global level.

Padmanabhan B's Current Company Details
TSA Process Equipments

Tsa Process Equipments

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Consultant & Advisor Finance at Free Lancer
bombay, maharashtra, india
Employees:
49
Padmanabhan B Work Experience Details
  • Tsa Process Equipments
    Independent Director
    Tsa Process Equipments Dec 2024 - Present
    Mumbai, Maharashtra, India
  • People'S Investment Limited
    Independent Director
    People'S Investment Limited Dec 2024 - Present
    Mumbai, Maharashtra, India
  • Free Lancer
    Consultant & Advisor Finance
    Free Lancer Apr 2018 - Present
    Pune, Maharashtra, India
    Started to play the role of Virtual CFO of SME companies which may not be able to afford a full time CFO and also requires expert advice in various areas like Accounting, Taxation, Treasury, M&A, IPO and PE transactions.Also available to be appointed as Independed Directors in the boards of listed and unlisted companies
  • Bharuka Constructions
    Consultant
    Bharuka Constructions Sep 2022 - Dec 2024
    India
  • Varroc Engineering Pvt. Ltd.
    Group Cfo & Director
    Varroc Engineering Pvt. Ltd. Dec 2007 - Mar 2018
    Aurangabad Area, India
    => As Group CFO of Varroc group for 10 years, associated in bringing the top line of the group from about Rs.1400 cr to Rs. 11,000 Cr=> Appointed as Director in 7 subsidiary companies: VEHBV Netherland, IMES Italy, IMES Poland, Trioms Italy, VTYC BVI, VTYC China and Varroc Elastomers India=> Actively involved in 4 acquisitions - major one being Visteon Lighting division right from sending the non binding offer, negotiation of price, Due diligence process, several discussion and calls on closing issues, incorporation of companies in many countries based on structuring the entities from tax and business point of view, arranging funds and post acquisition integration process=> Led the team in bringing Rs. 300 Cr from Tata Capital as PE money by involving right from the initial discussion, valuation, legal proceedings and documentation etc.=> involved in procurement of long and short term funds right time and at right cost for existing and green field projects=> Played a crucial role in bringing up the credit rating of the group from BBB- (negative outlook) to AA- (Stable outlook) over a period of => Got Subsidies at zero tax, improved credit rating of the group and corporate governance level=> Involved till the last date of association in the IPO process of the entity. Now it is a listed company.
  • Tata Autocomp System Ltd
    General Manager Accounts & Taxation
    Tata Autocomp System Ltd Nov 2006 - Dec 2007
    Pune Area, India
    =>Guided in the consolidation of the group consisting 22 subsidiary and JV companies=>Incharge of direct and indirect taxation functions of the Holding and its 22 subsidiaries. => Could suggest proper tax planning measures which prove vital for investment decisions=> Involved in the capex evaluation process of the group as a whole=> Cleared lot of pending tax issues of all the companies in a most favourable way to the group
  • Ace Refractories Ltd
    Cfo & Vice President
    Ace Refractories Ltd Sep 2005 - Nov 2006
    Nagpur Area, India
    => Involved in the entire process of negotiation between ACC and ICICI Venture for the Management buy out of the Refractory division of the former to the latter right from valuation of the business and negoiation of the purchase consideration up to settlement of consideration including all the legal processes involved=> Arranged for acquisition of funds required to pay ACC=> Created new company to buy the business and got all registration, licenses etc. and also involved in the legal and company secretarial activities=> took lead role in getting back all the employees funds from ACC within short time=> Guided the running of business in operating and capex decisions
  • The Associated Cement Companies Limited
    Senior Manager Finance
    The Associated Cement Companies Limited Feb 1993 - Sep 2005
    Nagpur, Bhilai And Katni
    1993-95: Finance chief of a subsidiary company of ACC right project stage. It was a Alloy Steel Casting plant set by ACC in technical and financial collaboration with Nihon Castings Ltd of Japan. Introduced ERP package and all internal control systems in the company1995-1997: Manager finance of ACC Ltd., Jamul, MP heading the finance and IT functions of 1.2 Mio ton cement plant of ACC. Could succeed in bringing the cost of cement produced by suggesting some tax planning measures in the Indirect tax area1998-2000: Head of Finance and IT of Katni Refractory plant, which is part of ACC and manufacturing monolithic refractory products for application in Cement, Steel, Power and Fertilizer industries. Bailed out the company which was having lot of problems post implementation of SAP as the Finance and IT left the company soon after implementation of SAP. Could bring in lot of re-engineering in business processes to match the requirement of SAP including reallocation of KRAs to all the functional members of the team2000-2005: Head of Refractory SBU at Nagpur reporting to the SBU head- consisting of 2 plants, 6 marketing offices and 8 francisees Strengthened the efficacy of the Procurement functions by introducing lot of controls in the negotiation process and also involving finance in the tender clearing process
  • Best & Crompton Engineering Limited
    Senior Manager - Funds And Commercial
    Best & Crompton Engineering Limited Jan 1982 - Dec 1992
    Chennai Area, India
    1982-83: Assistant Accountant in Busduct factory, Ambattur - could revamp the works accounts practices and documentation1983-84: Senior Management trainee at Foundry, Korattur - successfully introduced product costing section which helped in stoppage of some products yielding negative contribution as per Marginal Costing principles1984-86: Divisional Accountant, Madras Pump factory - revamped the reporting system to HO 1987-88: Manager Finance, Automotive products, Thiruvotriyur - Helped in improving the working capital cycle1988-90: Manager funds and commercial, Products division reporting to Director Products - judicious allocation of available funds to ensure that operations do not get stopped for want of funds. 1990-92: Senior Manager Funds and commercial, Products at Ambattur reporting to Director operations. Improved the terms of fund based and non fund based facilities with Banks

Padmanabhan B Education Details

Frequently Asked Questions about Padmanabhan B

What company does Padmanabhan B work for?

Padmanabhan B works for Tsa Process Equipments

What is Padmanabhan B's role at the current company?

Padmanabhan B's current role is Consultant & Advisor Finance at Free Lancer.

What schools did Padmanabhan B attend?

Padmanabhan B attended The Institute Of Chartered Accountants Of India, St. Xavier's College, Tilak Vidyalaya, Chatram High School, Kadayam.

Who are Padmanabhan B's colleagues?

Padmanabhan B's colleagues are Pankaj Pal, Meghana Tupkar, Swami Rathod, Fazlurrahman Ghufran Ahmed, Abhishek Singh, Siddhesh Sawant, Syed Husain.

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