Sachin Kumar Email & Phone Number

Thailand

Thailand

Kolkata Area, India

Areas of Expertise: • Financial and Strategic Planning, financial reporting and analysis • Risk and compliance• Operating and Working Capital management• Cash Flow Management• Commercial negotiations including Capital expenditure• Banking and InsuranceProfessional experience:Finance Controller – Vice President – Grasim Industries Limited: unit -Jaya Shree Textile (Oct -2014 – present)Jaya Shree Textiles is a unit of Grasim Ind. Ltd. with four business verticals and having approx. turnover of approx. Rs. 1500 Crs. • To integrate all 4 SBU’s need based on individual business model and align them with business.• To continuously track and analyse the SBU’s operation and guide in accordance with approved budget and changing economy and government policies.• To compile budgeting exercise involving four businesses and aligning the same with past initiatives and vision of the business.• Risk management on fluctuation of currencies while adhering the policy guideline.• To ensure effective statutory and legal compliances in various fields and functions• To evaluate agreements/contracts throughout the unit for better and effective compliance of all related laws and procedures.• To evaluate CAPEX spends in accordance with Unit performance and requirements• To manage procurement cost through sourcing, vendor management and substitution of material• To influence MoC to continue trade barriers like Anti-dumping duty on fabric to protect business competitiveness.Other Notable Achievements earlier• Managed to impose Antidumping on China on Flax Yarn.• Managed capex negotiation for Flax Yarn Expansion – Rs. 194 Crs• Managed group’s largest insurance claim under IAR (USD 60 Mn) at Thailand with Indian Re-insurers. • Financial management and commercial negotiations during rehabilitation of plant through reinvestment of proceeds received from insurance. • Managed Antidumping duty investigations from Turkey and Brazil.