Parth Barot Email & Phone Number

Vadodara, Gj, In

Vadodara, Gujarat, India

• Treasury Management: Prepare forex tracking reports for open positions, manage forward bookings with a 1% gain over cost sheet rates, hedge 90% of sales worth approximately $120 million, and reconcile forwards monthly with banks.• Receivables Management: Oversee all receivables, including $14 million in monthly receipts in parent company & subsidiaries based in Dubai, America, Europe, and East Africa.• Working Capital Management: Plan and arrange funds for daily working capital needs of ₹7 crores, track and ensure timely repayment of borrowings with monthly interest outflows of ₹60 lakhs.• Banking Operations: Liaise with bankers for borrowings, disbursements, document submissions, and the implementation of modern banking systems while ensuring compliance with RBI guidelines.• Export Documentation: Manage export documentation, including Letters of Credit (LCs), DA, and advance payment terms.• Team Leadership: Lead and manage a team of 4 members.• SAP Implementation: Contributed to the SAP TRM module implementation process.

Vadodara, Gujarat, India

• Foreign Subsidiaries: Manage funding, payments, and compliance for subsidiaries in Dubai, Singapore, and Morocco, handling borrowings of $10 million per month.• Import Operations: Prepare Import LCs worth $5 million monthly, ensure timely payments, arrange buyer’s credit as needed, and maintain the Import MIS.• Stock Statements: Prepare and submit monthly stock statements to banks for drawing power limits, managing statements totaling ₹500 crores to ensure optimal drawing power.• Banking Operations: Liaise with bankers to streamline daily transactions, provide required documents, implement advanced banking systems, and ensure compliance with RBI guidelines.

Vadodara, Gujarat, India

• Treasury Management: Oversee daily transactions, including booking forwards and options for hedging foreign currency transactions. Maintain MIS for FX deals and transactions, with forex booking averaging $10 million per month.• Banking Operations: Liaise with bankers on behalf of the company to provide necessary documents, streamline daily transactions, implement the latest banking systems, and ensure compliance with RBI guidelines.• Funding & Liquidity Management: Prepare daily fund flow reports, allocate funds to plant operations, and maintain the company’s daily debt position. Ensure liquidity management for approximately ₹10 crores daily and secure cost-effective borrowings from banks.• Stock Statements: Prepare and submit monthly stock statements to banks for drawing power limits, managing statements totaling ₹300 crores to ensure optimal drawing power.• Import Management: Manage the import section by preparing import LCs, ensuring timely payments, and maintaining the Import MIS.• Export Management: Scrutinize export documents and instructions, track export inward flows, and maintain the Export MIS along with fund flow statements.• Investment Management: Analyze and finalize investment schemes, allocate excess funds to mutual funds, and maintain investment MIS. Plan and manage short-term investments with approximately ₹50 crores allocated monthly for short-term gains.

Vadodara, Gujarat, India

It's been a delightful experience of being a part of Deepak Group for almost 3 years !!By starting my career with Deepak Nitrite, they gave me a wonderful opportunity to learn and enhance my knowledge. I'm really thankful to the company and my colleagues to support me in every step of corporate life.

Vadodara, Gujarat, India

Vadodara Area, India

Worked on a project focused on Foreign Direct Investment in the Machinery Manufacturing Sector in India and conducted Enterprise Valuation of Client Companies at C N K & ASSOCIATES LLP

Gujarat, India

Conducted a project on Working Capital Management and Ratio Analysis, including Physical Verification and Valuation of Furniture at the Vadodara plant of GACL.

Master Of Business Administration - Mba, Finance And Financial Management Services

Activities and Societies: Planning, Organizing, Group Discussions.Received Masters degree in Business Administration from MS University.

B.Com, Accounting And Finance, 5.87

Activities and Societies: Event Organizing and Management, Advertisement Making.

Higher Secondary, Commerce, First Class

Secondaty, General, First Class