Punit Ojha

Punit Ojha Email and Phone Number

Head Capex and Risk Management and Manager FP and A @ Adani Welspun Exploration Limited
Mumbai, MH, IN
Punit Ojha's Location
Mumbai, Maharashtra, India, India
About Punit Ojha

Working in the Field of Finance and Accounts from last 13 years. Having experience of Raising Finance, Budget preperation and Project Financing and Reporting. Overseas Fund raising and related RBI compliances.Taking care of Budgeting, Financing, MIS and Accounts & Taxation.

Punit Ojha's Current Company Details
Adani Welspun Exploration Limited

Adani Welspun Exploration Limited

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Head Capex and Risk Management and Manager FP and A
Mumbai, MH, IN
Punit Ojha Work Experience Details
  • Adani Welspun Exploration Limited
    Head Capex And Risk Management And Manager Fp And A
    Adani Welspun Exploration Limited
    Mumbai, Mh, In
  • Adani Welspun Exploration Limited
    Associate Manager
    Adani Welspun Exploration Limited Jan 2023 - Present
    Mumbai
    Reporting to: CFOLeading the Finance & assisting in Commercial department for Oil & GAS Division which includes Projects Management, Financing, SOPs, Budget and MISEvaluating Commercial Proposal (NFA) and reviewing from Cost & Tax benefit aspects.Assisting in Contract negotiations with vendors & fixed price related contract for achieving cost effectivenessERP & Software Implementation:Directing SAP Team for its implementation (S/4 Hana) in line with Group Direction Ensuring Co-ordinating for SAP JVA, Ariba and HR related software integrationTreasury & Fund Management:Spearheading wide variety of activities inclusive of:Interaction with the Merchant Bankers for DPR (IM) Preparation and presentationPresentation & Interaction with the Proposed Lenders on Project funding (USD850Mn) and alternate means of Financing Leading Treasury Function and arranging LC & BG relating to ongoing projects/TendersProject Management:Presenting Financial Evaluation Model to MD and assisting for Top Leadership MeetingTaking part in strategic meeting for Farm in or Farm out the Project stakeAssisting in New Project Bidding and evaluating the T&C of Tender documents and its impactEvaluating the Field Development Concept along with Sensitivity analysisPreparing project related Management approval note (NFA) Liaising with External & Internal stake holders for smooth execution of ProjectMIS Reporting:Coordinating with Corporate Team in improving & developing AOPs (Annual Budget), Financial forecasts.Reviewing Forecast and actual result also preparing Variance GAP analysis for Management reviewDesigning & implementing financial systems, policies and procedures to facilitate internal financial controlAudit & Taxation:Responsible for Statutory, Tax Audit, Internal Audits, MCA Filing & ICFR Managing taxation activities of the organization inclusive of reply to Department’s notices and coordinating with the Consultants Ensuring adherence to Transfer Pricing compliances
  • Foresight Group
    Head Of Account And Finance
    Foresight Group Dec 2019 - Jan 2023
    Mumbai, Maharashtra, India
    Reporting to: HO – DubaiKey Result Area:Directed Finance & Commercial Segment of Shipping, Shared Service & Port & GAS Division which includes Projects, Billing & Collections activities Evaluation of Investment Proposal term sheet and prepared report for Senior Management Team of Shipping & Port & Gas Division.Assisted in Tendering for Pool Charter & Spot charter contract also certified Ship Management Bills Performed rate negotiations with vendors & fixed price related contract for achieving cost effectivenessERP & Software Implementation:Core SAP Team Member for its implementation (S/4 Hana) across the Group.Consolidation software for Group level consolidation of 40 entities across the Group.SAP iRPA & Other HR related software integration with SAP.Treasury & Fund Management:Spearheading wide variety of activities inclusive of:Managed the Treasury Function and FX ManagementMonitored fund positions, arranging BG relating to projectsProject Management:Obtained finance/project related funding by coordinating with BankersLiaising with clients to clear outstanding issues pertaining to the projects ensure smooth execution of project.Discussed profit & loss projections; to identify opportunities and risks associated with ongoing projectsMIS Reporting:Developed with Senior management AOPs (Annual Budget) & Financial forecasts.Reviewed monthly financials, projects evaluation based on cost benefits analysis Designed & implemented financial systems, policies and procedures to facilitate better internal financial controlAudit & Taxation:Ensured adherence to Ind As & IFRS for finalization of accountsResponsible for Statutory, Tax Audit, Internal audits, & ICFR (Big 4 Audit Firm) Intercompany reconciliation and Other HO reportingManaged taxation activities of the organization inclusive of reply to Department’s notices, application of lower deduction applicability certificate and coordinating with the ConsultantsEnsured Transfer Pricing compliances
  • Toshiba Johnson Elevators (India) Private Limited
    Deputy Manager Finance & Commercial
    Toshiba Johnson Elevators (India) Private Limited Aug 2017 - Dec 2019
    Mumbai Area, India
    Reporting to CFO and HO Japan.Job responsibilities includes following aspects:Key Result Areas:Commercial Operations: Handled Banking related operations including facilities renewal. Finance & Commercial Segment which Covered Projects, Billing & Collections activities Part of management & administration of Zonal Offices at PAN India Level Performed rate negotiations with vendors & fixed price related contract for achieving cost effectiveness Extended support towards bidding tenders and finalization of Contractual payment termsTreasury & Fund Management: Spearheading wide variety of activities inclusive of: Treasury Function and FX Management Monitored fund positions, opening & honoring of LC and LCBD, arranging BG related to projectsProject Management: Obtained finance/project related funding by coordinating with Bankers Reviewed Company’s receivables and recommended appropriate measures for recovery from Bad pay masters. Liaison with clients to clear outstanding issues pertaining to the projects ensured smooth execution of project.MIS Reporting: Developed AOPs (Annual Budget), and prepared Financial forecasts. Reviewed Forecast and Project related Income based on POC, prepared Variance GAP analysis for Management Designed & implemented financial systems, policies and procedures to facilitate internal financial control Prepared monthly financials, evaluating projects based on cost benefits analysis Audit & Taxation: Ensured adherence to Ind As standards for finalization of accounts Handled GST related Compliance, Statutory, Tax Audit, Transfer Pricing (handled Big 4 Firms)
  • Seamec Limited
    Dgm Finance
    Seamec Limited Nov 2011 - Aug 2017
    Andheri Kurla Road, Mumbai 93.
    Growth Path: Joined as Manager – Finance & Accounts (2011) later got promoted to Senior Manager (2013), Deputy General Manager (2016)Key Result Areas: Arranges Buyers Credit (TCBG) of USD 3mn for Capex plan of the company. Built strong business relations with the Bankers and with Lenders for financing & refinancing of assets Showcased expertise in heading the finance operations of foreign subsidiary (Dubai) from the scratch Ensured adherence to: Ind As (Indian GAAP) for finalization of accounts including Consolidation of Financials and preparation of Annual report for various stake holders. Prepared and Published Quarterly as well as Annual Financials results on NSE & BSE. Documented CMA, FFR and QIS (Banking) along with stock and debtors statement (DP) IFRS standards for group reporting and transfer pricing transactions of group companies Handled FEMA & RBI Compliance as well as obtained various approvals from RBI. Coordinated and collaborated with the External Rating Agency for the rating of the company Spearheaded Accounts & Finance operations of the organization inclusive of tendering, taxation & budgeting
  • Dighi Port Limited
    Manager Accounts
    Dighi Port Limited Sep 2008 - Oct 2011
    Mumbai Area, India
    Key Result Area: Coordinated and collaborated with: Consortium Bankers which includes 8 Bankers & 3 Financial Institutes for INR 1500 Crore project. Established financial model for PE Funding with due diligence for PE; Completed PE Funding with INR 100 Cr. Lenders, Co-promoters and Rating Agency
  • G. P. Kapadia & Co
    Article Trainee
    G. P. Kapadia & Co Oct 2005 - Sep 2008
    Mumbai
    Statutory Audit & Tax Audit handledGrasim Industries & Ultra Tech Cement Limited (Up to the Consolidation Level & Preparation of the Audit report & Corporate Governance Report & CARO Compliance). HPCL & Bank of Baroda Internal Audit : Reliance Industries Limited, IPCL and DMCL (DNA News Paper)

Punit Ojha Skills

Auditing Business Development Employee Relations Vendor Management Team Management Training Management Information Systems Finance Screening

Frequently Asked Questions about Punit Ojha

What company does Punit Ojha work for?

Punit Ojha works for Adani Welspun Exploration Limited

What is Punit Ojha's role at the current company?

Punit Ojha's current role is Head Capex and Risk Management and Manager FP and A.

What schools did Punit Ojha attend?

Punit Ojha attended The Institute Of Chartered Accountants Of India, Institute Of Chartered Accountants Of India, The Institute Of Chartered Accountants Of India.

What skills is Punit Ojha known for?

Punit Ojha has skills like Auditing, Business Development, Employee Relations, Vendor Management, Team Management, Training, Management Information Systems, Finance, Screening.

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