Uttam Tekriwal Email & Phone Number

Kolkata Area, India

Spearheading all financial aspects established consistent and appropriate business practices, enhanced controls for credit risks, and built staff/supplier moral in financial distress. Instituted controls, teamwork and accountability throughout the entity. Built contributing relationships between sales and finance departments. Implementing all finance initiatives and policies focusing on cutting costs and controlling market spents. Found innovative means to fund the financial needs of the organization at difficult times. Built an online costing system to give margin inputs for better pricing of products. Cut down on inventory levels and related costs by improved supply chain management and trimmed oversized organizational structure.Key Accomplishments:• Arranged additional working capital funds of about Rs.15 Crores.• Controlled Debtors from 90+ days outstanding to 30 days.• Reduced costs by 10% with strict controls, increased efficiencies and better alternatives

To assess and repair the financial health in the distress company, took control of all receivables, payable and its assets, tangible and intangible. Established a working relationship with distressed bankers, suppliers and workers. Negotiated settlements and restructured financial liabilities with bankers, suppliers, statutory agencies. Developed and presented revival business model for Financers, BIFR and regulatory agencies and convinced for fresh and continued patronage. Resolved numerous pending legal, statutory, direct and indirect tax cases and ensured fresh start-up of operations. Arranged for financial facilities for the re-commencement of business. Key Accomplishments:• Successful presentation and sanction of Financial Revival Package and Term Loan proposal resulting in Bridge finance of Rs.77 Crores.

Significant contribution in Resource Mobilization and Financial Planning to meet the norms of Banks, various facilities with Banks were sanctioned in difficult times. Handled assignments like debt restructuring, OTS proposals. Reduced borrowing costs by innovative financial models and leveraging. Acquisition due diligence for takeover of Jessop and Dunlop and developed financial models for financing the acquisitions. Key Accomplishments :• Successful sanction of loan proposals for the troubled companies in difficult situations valued Rs.50 Crores• Borrowing Costs reduced saving Rs.7 million annually.

Overall responsible for the operations of its network in Eastern India including business development, risk management and credit control, dealing with Stock Exchanges, SEBI and other government bodies, development of new clients, Funds management and liaison with Financial Institutions and Banks..Key Accomplishments:• Reconciled disputed claims of clients, physical & d-mat shares, traced misplaced Shares, recovered share claims overdue for over one year, improving client service satisfaction and confidence drawing enhanced business. • Established and managed on-line networking of branches, franchisees and agents in eastern India with 100% recovery in turbulent markets.• Initiated the newly introduced derivatives trading in the financial markets of Eastern India and expanded the trading business of government securities.• Organised the first Seminar in Kolkata on Derivatives Trading sponsored by BSE

Established all the financial and business needs of the entity. Responsibilities included Mobilisation of Funds and liaison with Financial Institutions, Banks, IREDA, WEBREDA, set-up of financial systems, procedures and controls, all aspects of financial reporting, cash & banking, debtors and creditors control, materials management including inventory control, Costing and Budgeting, Import & Export functions, Direct & Indirect Taxation. Monitor all administrative & regulatory issues and corporate compliance.Key Accomplishments:• Developed Financial and Business plan and raised Working capital finance of Rs 10 Crores.• Managed the company’s successful Initial Public Offering (IPO) raising Rs 4 Crores.• Reduced the annual interest liability by 25% by way of financial restructuring.• Cost reduction by development of new vendors and better logistic management.• Pioneered to get ISO9002 Certification

Developed and maintained operational systems for all financial & accounting functions. Designed and implement cost controls. Successfully designed and instituted Budgetary Formats and Revenue and Expenditure Reports. Brought about improvements in reporting of Monthly Profitability statements, Accounting procedures, Tax planning both in direct and indirect tax. Maintained developing relationship with Financial Institutions, Banks and other financial partners and serviced all their reporting needs. Key Accomplishments:• Instrumental in Sanction of business plan for its financing by Bank, FI, Venture Capital Funds & IFC (Washington) raising about Rs 20 crores.• Ensured compliance with public reporting requirements in company’s successful Initial Public Offering (IPO) and Right Issue raising Rs 4 crores each.• Restructuring of term loan including waiver of interest and sacrifice of principal.• Design and Implemented ERP and led the team for ISO9000 Certification

A.C.A, Accounts, Costing, Taxation, Business Administration

B.Com (Honours, Accounting, Economics, Business Administration

Wbhse, Accounts, Economics

Higher Secondary, Business Administration And Management, General