Rakesh Garg Email & Phone Number

Gurgaon, Delhi Ncr, In

• Collaborated with the company Founder to guide Pidge through its planned growth initiatives and profitability• Developed and improved business processes and increased financial and operational efficiency, brought in transparency in reporting and compliances and identified cost-saving parameters• Regularly consulted with management to review, update, and establish risk management standards• Anticipated cost overrun risks and put in place proper controls and course correction measures• Slashed procurement costs by 30% by introducing competitive bidding• Effectively manage relationships with F&A service providers such as auditors, banks, treasury management groups, investment bankers, and insurance agents• Successfully closed first round of fundraising of USD 3 million

北京, 北京, Cn

• Rolled out Internal Control Framework (ICF) to ensure compliances through checks and balances• Implemented Standard Operating Procedures (SOPs) to adhere to internal control measures• Raised ECB of USD 5 million• Ensured 100% compliance to the regulatory framework• Streamlined purchases by introducing value-based PO and approval process• Drove Annual Operating plans and Business plans to maximize profits• Presented investment evaluation studies and reports to maximize ROCE and IRR• Played cross-functional role to improve work efficiencies

• Supervised daily accounting, Analysed the reasons for P&L variances, and implemented remedial actions in discussion with hotel GMs• Reviewed and submitted weekly KPI reports and monthly MIS pack with forward-looking commentary to stakeholders and investors • Uplifted RevPAR 18% YOY by introducing dynamic room pricing and capping OTA and corporate business to maximize returns, achieved CAGR 15% LFL• Delivered GOP @ 48% and EBITDA @ 37% by driving operating margins of Room and F&B divisions• Maximised asset value, delivering ROCE @ 20%, IRR pre-tax @ 14% and IRR post-tax @ 11.5% through operational excellence/profitability• Raised funds of Rs. 300 crores towards project construction• Played a key role in the due diligence process while checking and clearing project bills and payments • Streamlined project and operational purchases by introducing a value-based PO and Invoice approval process• Slashed hotel build costs by 20% by negotiating pricing and fees while ensuring the continuation of brand standards• Saved import duty by 25% points through EPCG benefit• Successfully closed out contractual obligations post project completion within budgets with zero cost overrun• Devised project tracker document highlighting the contract details with itemized quantities and budgets, awarded contract values, payments made, and remaining budget• Presented monthly project report to the management with cost and time variance analysis• Documented and implemented RICE (Risk Assessment Internal Control Evaluation) and SOP processes • Achieved 100% compliance in audits and internal control checks by Deloitte and E&Y

Gurgaon, Haryana, In

• Documented process control measures for Sarbanes-Oxley Act (SOX) compliance• Analysed monthly flash and forecast reports • Audit finalization – internal and statutory with PWC and E&Y• Completed 6-sigma projects

• Prepared and presented project budgets for upcoming hospital projects• Raised debt of Rs. 800 crores towards project construction and equipment finance• Devised checks and balances on project spends

In

• Successful development, implementation, and training of ERP software for Accounts, Stores, MIS, and Payroll• Inter-site reconciliation of accounts

• Supervised day to day accounting, MIS reports, and inventory management

Chartered Accountant

Cost Accountant

Bachelor Of Commerce (B.Com.)