Ronak Modi Email & Phone Number

Mumbai, Mh, In

Delhi, India

Mumbai, Maharashtra, India

Heading Commercial and tax department looking after Commercial aspects of domestic business, direct tax, indirect tax, commercial aspects and accounting for international business.Monitoring and controlling operations of entire 6 regions across India including CFA management and handling Distributors PAN India.Being a business partner to various other functions to take effective and timely decisions. Providing MIS and Financial analysis to various team so as to have inferences to drive… Show more Heading Commercial and tax department looking after Commercial aspects of domestic business, direct tax, indirect tax, commercial aspects and accounting for international business.Monitoring and controlling operations of entire 6 regions across India including CFA management and handling Distributors PAN India.Being a business partner to various other functions to take effective and timely decisions. Providing MIS and Financial analysis to various team so as to have inferences to drive top line and bottom line.Driven various initiatives that helped driving Sales and ensured effective controls in day to day operations.Monitored launch of new product and ensured its production and distribution.Assisted in commercial negotiations with vendors so as to drive savings and have effective controls.Assisting & monitoring pricing decisions and Gross margins.Coordinating with Marketing team for ROI working of marketing spents and approving marketing spent.Heading the entire International business division looking after Sales, Operations, Commercial & accounting; managed subsidiary books of accounts and supervised subsidiary operations including ensuring local compliances.Ensuring Direct tax and Indirect tax compliances and replies to assessments thereby.I was the part of:o SAP Core Team to implement SAP HANA (live since April 2020)o Strategy Team to drive strategy in coordination with Bain & CompanyEnhanced financial processes through initiatives geared towards lowering risk & improving internal control resulting in significant savings in man hours & overall cost. Show less

Mumbai Area, India

Managing the Power, FMCG, Sugar and Real Estate businesses for the group and assisting Chairman in preparation/monitoring of strategy and business development for all the group businesses.Working as part of Corporate Decision-Making Team and tracking business performance; communicating with CEOs / Business Heads & Functional leaders for improving operating performance, operating cash flows, and reducing cost / working capital

Working in the office of Group CFO looking after Strategic financial projects, Treasury, Budgeting & MIS, Financial Systems & Internal Control, Cost control and Working capital management.Evaluated new projects, conducting feasibility studies to determine the financial viability of new ventures, projecting cash flow and growth opportunities or cost savings Bought back shares, assessed statutory compliances, and monitored purchase of shares post buy backInvolved in the first two… Show more Working in the office of Group CFO looking after Strategic financial projects, Treasury, Budgeting & MIS, Financial Systems & Internal Control, Cost control and Working capital management.Evaluated new projects, conducting feasibility studies to determine the financial viability of new ventures, projecting cash flow and growth opportunities or cost savings Bought back shares, assessed statutory compliances, and monitored purchase of shares post buy backInvolved in the first two rounds of Coal mines auction by Government of IndiaPrepared JSPL Group financial models for project financingAssisted in raising of USD 400 Million Syndicated Loan Interacted with banks & credit rating agencies (ICRA, CARE) and replying to their queriesEvaluated Swap transactions for saving interest & booked forward for export receivablesActed as the part of the team where we executed 5/25 restructuring scheme for loan of INR 2500 Crores, led entire valuation of business for the sameFinalized annual business plan for entire JSPL Group and conducting variance analysis on monthly basis for entire JSPL Group to track and monitored the deviations between budgeted & actual resultsTracked the expenses for various capital and operational projects to identify key areas of cost reduction and Net Working Capital ReductionAssisted Group CFO in designing & implementing systems, policies & procedures to facilitate internal financial control Show less

Executive Mba, Strategy And Leadership

Chartered Accountant, All India Rank Holder 🏅

Executive Education, Corporate Entrepreneurship And Global Strategic Management

Education record

Cleared CFA Level II

Bcom, Accounting And Finance, University - 2Nd Rank, Gold Medalist🏅

Education record