Sukesh Khandelwal Email & Phone Number

Mumbai

- Streamlined financial and operational processes for scalability. - Steered complex legacy issues in accounting and taxation. - Implemented robust reporting systems to provide update to Institutional Investors - Built team to handle significantly increased business volumes. - Operationalized a recently launched fund - Transitioned the processes to a new Fund Accountant. - Managed legal, regulatory, and investor relations, ensuring timely fund launches to ensure smooth business operations.

Mumbai

Operational & Financial Management- Led financial and operational management for Funds and Asset Managers, with a focus on conducting financial analysis, preparing regulatory reports, and estimating NAV. - Developed and implemented annual budgets, ensuring compliance with statutory audits and year-end financial accuracy.- Optimized tax strategies by conducting regular transfer pricing studies, improving tax efficiency and regulatory compliance.- Reviewed fund requirements and facilitated investment committee and advisory board meetings. - Streamlined business operations by reviewing and enhancing processes, resulting in improved operational efficiency.- Managed key business relationships, driving cost efficiency by rationalizing the Group’s structure.Fund Raising- Evaluated ideal jurisdictions for fund domiciling, ensuring optimal tax and operational efficiency.- Collaborated with legal counsel and tax advisors to structure and ensure launch funds smoothly.- Appointed and managed relationships with key service providers, such as administrators and custodians, to ensure smooth fund operations.- Coordinated for investor onboarding, ensuring an efficient and seamless process.Investor Relations- Engaged with institutional investors to provide regular updates on fund investments and performance.- Developed and implemented drawdown procedures to ensure timely portfolio investments. - Established systems for the timely distribution of proceeds, ensuring transparency and investor satisfaction.- Managed the issuance of investor statements, including drawdown and distribution reports, to ensure clarity and transparency.Internal Controls & Compliance - Implemented consistent, strategic business practices to enhance risk management and operational efficiency.- Developed, reviewed, and streamlined key procedures/processes to support business growth. - Ensured full compliance with regulatory statutes and fund governance requirements across all entities.

Mumbai

- Devised comprehensive business plans for shareholder review, focusing on identifying key business drivers and crafting strategies for market penetration. Successfully achieved desired market share and profitability targets within planned timelines. - Collected and analyzed comprehensive industry data, providing key insights to management, enabling a deeper understanding of market dynamics and improving strategic decision-making. - Played a pivotal role in evaluating and finalizing proposals from key service providers, ensuring value-added services were secured at optimal prices, leading to cost efficiencies. - Led the growth of the Finance, Accounts, and Administration teams, successfully recruiting top talent to support the company’s operational goals and drive future growth. - Structured and implemented a comprehensive accounting system in just three months (compared to the usual 6-9 months), automating routine processes and providing real-time MIS reports to facilitate quicker decision-making by senior management. - Recognized as the first player in the Mutual Fund Industry to complete a financial audit within 13 days of the year-end, setting a new benchmark in the industry. - Established an online expense workflow system to streamline expense management, ensuring timely and transparent approvals for branch and employee expenses, enhancing operational efficiency. - Set up full office infrastructure across 12 locations within a compressed timeframe, ensuring operational readiness and support for business expansion.

Mumbai, Maharashtra, India

- Spearheaded the establishment of the Finance & Accounts function from the ground up, implementing scalable processes that facilitated smooth operations and helped the company achieve an AUM of over INR 100 billion within just 10 months. - Designed and implemented a strategic accounting system capable of generating real-time MIS reports, enabling management to make informed, data-driven decisions. - Achieved cost reductions of INR 2 million through process optimization and vendor renegotiations in the marketing vertical, and secured an additional annual savings of INR 10 million by renegotiating with a key service provider. - Developed location-specific strategies to set business targets and manage expenses for 15 branch heads, establishing minimum profitability targets and increasing accountability through 4 zonal heads.

Mumbai, Maharashtra, India

Career Progress -Dec 1999 – Sep 2001: Head of Accounts Department -Oct 2001 – Apr 2005: Head of Expense Management & MIS -Apr 2005 – Jul 2006: Head of NAV Department / Key contributor to Core Product TeamHighlights: - Instituted control measures for marketing and selling expenses, achieving savings of INR 5 million. - Developed a zero-based budgeting module, cutting redundant expenditures by INR 5 million. - Completed the statutory audit of 39 schemes in just 2.5 months, far ahead of the statutory 6-month deadline. - Designed comprehensive Scheme wise MIS to optimise profitability. - Initiated computation and dissemination of NAV on the timely basis.

Mumbai, Maharashtra, India

Managing Finance & Accounts team

Icai, Accounting, Auditing, Taxation

Aicma, Cost & Management Accounting