Veerendra Baligeri Email & Phone Number

Bengaluru, Karnataka, India

Helping global companies set up and manage Global Capability Centres (GCC'ss) in India. Manage and drive end-to-end functions including accounting, taxation, FP&A, legal, compliances under Direct & Indirect Taxes, Companies Act, Labour laws & FEMA. Automate payroll function, provide insights and dashboards for better control. Working with the global CFOs and help frame policies on Transfer Pricing, GST, and long-term incentive plans including ESOP/ESPP/RSU's for the Indian GCC. Comparative cost analysis (Benchmark the operations costs) of individual GCC's with relevant peers and present trends and best practices.

Bengaluru, Karnataka, India

Bangalore Urban, Karnataka, India

Bengaluru Area, India

• Front ended Finance, Tax and Legal due diligence, review of share purchase agreements, and was involved in negotiations of transaction which resulted in Sankalp getting acquired.• Instrumental in getting Investment into the company. Worked with multiple Investment Bankers and underwent couple of Due Diligence activities. • Played a key role in acquiring one of the business units of Interra Systems. Led due diligence.• Worked on preparation of Scheme of amalgamation, application to NCLT and successful implementation of merger of two Indian entities as per NCLT’s order. • Set up subsidiaries in India and overseas• Rolled out new Phantom Stock Policy• Rolled out new Employee Stock Option Plan• Initiated and successful in availing SEIS incentives.• Leveraged the benefits of foreign currency loans. Availed working capital at LIBOR linked rates.• Successfully completed voluntary winding up as per the provisions of companies Act for one of Indian entity• Took up additional responsibility as ‘Site-Head’ of Hubli site (HO of Sankalp)• Handled multiple Service Tax Department Audits including Audit by C&AG for the preceding 5 years.• Enabled ‘Business Finance’ function thereby enabled detailed analysis of variances, improved tracking and measurement of performances of engineering units.• Took multiple steps in streamlining shareholding structure of the company

Hubli Area, India

Bangalore

• Responsible for Accounting, Financial Statements, MIS, Statutory Compliance of 12 entities across the globe.• Introduced OTC (Order to cash) Process.• Cleaned up ‘Chart of Accounts’, ‘Cost Centers’ and introduced ‘Maker/checker’ concept for entries to be posted in books of accounts for all the entities. • Identified the areas of revenue leakage and initiated the steps to control the leakage.• Instrumental in building in-house FP&A Team of 14 team members (entire FP&A was outsourced)• Successfully negotiated higher working capital (Fund Based + Non Fund Based) limits with

Bangalore

• Created a detailed Business Plan for the second half of FY 13.• Introduced the process of MIS, Variance Analysis (Budget Vs. Actual) and helped management in identifying the areas for cost reduction and efficiency improvement.• Negotiated with Bankers for increase in the limit of credit facility

• Took innovative measures at multiple instances to ease the cash flow.• Successfully registered a Branch office in California, USA.• Successfully negotiated a deal with financial institutions for a working capital requirement (first working capital facility for the company, while EBITDA was ‘-ve’) • Created a detailed Business plan analyzing impact of various changes on profitability.• Negotiated a deal with property consultants like JLLM, C&W, DTZ to work at “Zero” fee for the procurement of office space• Cash management, working capital management, short term investments, foreign exchange rate negotiations; Handled accounts payable and vendor management

Bangalore

Worked as Head, Accounts and Finance, iRunway India Pvt. Ltd, with an additional responsibility of managing Operations; and reports to CEO and COO of the company.•Streamlined and setup the entire process of Accounting, MIS, Statutory Compliance, Working Capital Management and payroll. •Handled Business plan, Preparation and finalization of Annual Accounts, Interaction with auditors, Transfer Pricing, STPI compliances, Company Law related activities.•Pricing and costing for new projects

Joined Span as an Accounts team person, and in a span of just 1 year was promoted as Head, Accounts and Finance. Over the last two years, management has also entrusted an additional responsibility of heading Administration Department consisting of 4 admin managers.Achievements• As Manager, Finance:o Project Manager for Accounting and Financial due diligence carried out by KPMG and Kocharo Instrumental in streamlining the process of Accounting, MIS and payrollo Successfully negotiated a deal with financial institutions for a working capital requirement (export factoring facility) for INR 6 Crores limit @ Libor + 3%, which in turn lead to easing out the cash flow situation of the company during its expansion phaseo Took innovative measures at multiple instances, which led to increase in company’s profit and better employee welfare programso Instrumental in converting a partnership firm into a private limited companyo Was awarded a rating of 4.3/5 by the team members during first half of FY 08 – 09

• Was the youngest partner of the firm, who was given an opportunity to be the face of the firm for the new clients• Headed teams for internal audit, statutory audit and concurrent audit• Designed and structured flow of accounts for newly established business organizations• Processed Registrations under Various Acts for multiple clients.• Interacted with Officers from departments like Commercial Tax, Income Tax & Registrar of Companies.

Icai, Accounts

B.Com, Accounts, Cost Accounting, Taxation