The career trajectory is truly impressive and reflects a wealth of experience and adaptability. It’s clear that to build a strong and in-depth foundation in Finance & Accounts, expanded my expertise into HR, Administration, Supply Chain Management, and even IT and software implementation. My willingness to embrace new challenges and learn continuously is a great asset in the ever-evolving corporate world.
With over 27 years of diverse corporate experience, I have built a strong foundation in Finance & Accounts, including expertise in International Accounting Rules and UK GAAP. My journey began as a trainee and has evolved to encompass significant roles in finance, operations, HR, and IT. As the Finance and Operations Controller at IMA–PG, I managed four plants and three branch offices, overseeing operations, administration, and commercial activities.
My career progression reflects a commitment to learning and adaptability. I have transitioned from handling plant operations and HR to leading Supply Chain Management and IT projects. Currently, as Vice President, I oversee both plant operations and the Head Office, having relocated from Indore to bring my expertise to a broader organizational level. My dedication to integrating smart, efficient solutions and my eagerness to tackle new challenges continue to drive my professional growth
Vision of my leadership is clear and impactful! If I would like, that we can explore strategies as a team to further enhance our approach to innovative and transparent leadership.
Mission aligns perfectly with my vision of leadership. Leading with full authority and accountability strengthens trust and drives results. Is there a specific leadership challenge or project you're currently focused on where you're applying this approach
Contributed to the long-term strategic planning of the organization, aligning operational goals with business objectives.
Successfully executed cross-functional projects that drive growth and innovation.
Proven ability to learn and adapt quickly to new roles and challenges, demonstrating flexibility across diverse functions.
Effective leader with experience managing multiple departments and teams, fostering a collaborative work environment.
Strong aptitude for strategic planning and execution, driving organizational success through innovative solutions.
Skilled in identifying and addressing operational and financial challenges, implementing solutions that enhance performance.
Dedicated to achieving high standards of work, with a focus on efficiency and smart work practices.
Sometimes take on too much responsibility, which can lead to challenges in effective delegation. Working on improving delegation skills to empower team members and enhance overall efficiency.
A strong commitment to work may occasionally affect work-life balance. Actively working on finding better ways to balance professional and personal life to maintain long-term productivity and well-being.
Action: Actively seek out areas where the organization needs improvement or faces significant challenges. Look for projects or initiatives that align with your skills and interests.
Benefit: Taking on challenging projects allows you to demonstrate your problem-solving abilities and drive meaningful change.
Action: Offer to lead or be a key contributor to projects that have a high impact on the organization. This might include turnaround projects, innovation initiatives, or strategic shifts.
Benefit: Leading high-impact projects showcases your ability to handle complex tasks and positions you as a proactive leader.
Action: Cultivate a mindset that views challenges as opportunities for learning and growth. Be open to stepping out of your comfort zone and taking calculated risks.
Benefit: A growth mindset enhances your resilience and adaptability, making you more effective in handling diverse challenges.
Action: • Clearly define the goals and vision for the projects or initiatives you are leading. Communicate these objectives effectively to your team to ensure alignment and focus.
Benefit: Setting clear goals provides direction and motivation for your team, fostering a shared sense of purpose.
Action: Lead by example by showing dedication, taking ownership of your responsibilities, and holding yourself accountable for the outcomes.
Benefit: Demonstrating commitment and accountability builds trust and respect among team members, encouraging them to follow your lead.
Action: Delegate responsibilities and empower your team members to take ownership of their tasks. Provide support, resources, and guidance as needed.
Benefit: Empowering your team fosters a collaborative environment and enables team members to develop their skills and contribute effectively.
Action: Identify potential challenges early and address them proactively. Be prepared to adapt your approach and make informed decisions to overcome obstacles.
Benefit: Proactive problem-solving minimizes disruptions and demonstrates your ability to navigate complex situations effectively
Action: Encourage open communication, collaboration, and knowledge sharing within your team. Create an environment where diverse perspectives are valued and respected.
Benefit: A collaborative culture enhances creativity and innovation, leading to more effective solutions and stronger team cohesion.
Action: Recognize and celebrate achievements and milestones with your team. When faced with setbacks, conduct a thorough analysis to learn from mistakes and improve future performance.
Benefit: Celebrating successes boosts morale and motivation, while learning from failures contributes to continuous improvement and resilience.
Action: Pursue ongoing education, training, and mentorship to continuously improve your leadership skills and stay current with industry trends.
Benefit: Personal development enhances your capabilities and prepares you to handle evolving challenges and leadership demands.
Action: Regularly seek feedback from peers, mentors, and team members to gain insights into your leadership style and areas for improvement.
Benefit: Constructive feedback helps you refine your leadership approach and adapt to changing circumstances effectively.
Action: Build and maintain relationships with key stakeholders, industry peers, and mentors. Engage in networking opportunities to expand your influence and knowledge.
Benefit: Strong relationships and a broad network provide valuable support, resources, and perspectives, enhancing your leadership effectiveness.
Definition: Dual policies occur when different sets of rules or standards are applied inconsistently within the organization, often leading to confusion, unfair treatment, and a lack of trust.
Impact:Employees may feel demotivated or unfairly treated if they perceive that policies are applied unevenly. This can lead to dissatisfaction, decreased morale, and potentially even legal issues.
Definition: Backbiting and Lack of Transparency involves employees speaking negatively about their colleagues or managers behind their backs, often spreading rumours or gossip.
Impact:This behaviour can create a toxic work environment, damage reputations, and undermine team cohesion and trust.
Doctorate in Management (NIMS - Mumbai)
MBA - Finance (NIMS - Mumbai)
Diploma in Finance (NMIMS - Mumbai)
Diploma in Computers (Zapson Computer Centre - Jabalpur)
ICWA (ICWAI - Kolkata)
Graduate - B.COM (RDVV - Jabalpur)
Higher Secondary MP Board
Achievement: Successfully implemented a customized ERP software solution at IMA–PG, revolutionizing time management for petty cash disbursement and sales processes from inquiry to dispatch.
Impact: Enhanced operational efficiency by creating a paperless working environment, significantly reducing processing time and streamlining workflows.
Achievement: Spearheaded the setup of a state-of-the-art plant for IMA–PG in Indore, Madhya Pradesh, covering 60,000 sq. meters, accomplished within a record time frame.
Impact: Positioned IMA–PG as a leader in plant infrastructure, showcasing exceptional project management and execution skills.
Achievement: Led an initiative to eliminate plastic usage in IMA–PG’s Indore plant through a collaboration with local authorities, driven by corporate social responsibility (CSR) activities.
Impact: Demonstrated commitment to environmental sustainability and corporate citizenship.
Being as a Chief Guest in all India Marketing conclave of Lip Cip Brand in 2007
Being a guest lecture in 2010 in Acropolises Institute of Engineers & management Studies.
Being Chief Guest in 2014 in Malwa Institute of Management studies
Achievement: Resolved a potentially disruptive labour union formation issue at IMA–PG within two days, whereas management had struggled with the situation for weeks.
Impact: Showcased effective conflict resolution and negotiation skills, ensuring smooth operational continuity.
Achievement: Achieved the second highest recruitment of advisors and partners in India, following Kolkata, for a new service sector domain at Reliance Health Insurance.
Impact: Demonstrated versatility and success in a completely different industry, showcasing adaptability and effective recruitment strategies.
Achievement: Initiated and developed an electric vehicle project from scratch for Rajshree Engineering, including setting up an R&D lab and convincing stakeholders to focus on e-axles.
Impact: Impact: Pioneered a new product line and infrastructure for Rajshree Engineering, contributing to their growth and innovation in the electric vehicle sector.
I was a Jury Member in IIM Indore for the startup presentation of 48 colleges from all over India on 19th & 20th August 2023
Strategic Planning and Execution
Change Management
Financial Analysis and Decision-Making
Risk Management
Executive Leadership
Team Building and Performance Management
Operations Strategy
Supply Chain Optimization
Digital Transformation
Data Analytics and Business Intelligence
Corporate Governance
International Business
Executive Coaching
Work-Life Balance and Resilience
Networking Skills
Stakeholder Management
| Yr. of Start | Department | Responsibility |
|---|---|---|
| 2011 | Plant Operation | Man power planning & Rotation |
| Materials planning & execution | ||
| Inventory & materials movement | ||
| Dispatch planning | ||
| Energy & Process monitoring | ||
| Production Cost monitoring | ||
| Plant technical audit & Safety | ||
| ISO Audit | ||
| Plant Maintenance and spares | ||
| 2010 | Strategic | Capital Project execution |
| New Project Analysis | ||
| International Interaction with JV management | ||
| 2009 | Strategic | Business Plan and execution |
| SCM | Materials Procurement Planning | |
| BOM | ||
| Vendor management | ||
| Quality Assurance | ||
| New vendor development | ||
| Price negotiation | ||
| Time to time vendors technical & Statutory Audit | ||
| Quality management System | ||
| Demand forecasting | ||
| 2008 | Strategic | International Interaction with JV management |
| Accounts & Finance | Cost Plan Vs Actual analysis | |
| 2007 | Strategic | Multi level plant & branch reporting |
| Top & bottom line analysis | ||
| Investment Planning | ||
| Finance & Borrowing Planning | ||
| HR & Admin | Employees engagement | |
| Event management | ||
| Training & Development | ||
| 2006 | Strategic | Equity valuation and absorption |
| Accounts & Finance | International & Forex | |
| Budgeting & Forecast | ||
| Management Accounting | ||
| Fund & Cash Flow | ||
| Costing and BOM | ||
| Export incentive | ||
| HR & Admin | Software & PMS implementation | |
| 2005 | Strategic | ERP & SAP implementation |
| 2004 | Accounts & Finance | Assessment & Appeal |
| HR & Admin | Administrative Budget | |
| 2003 | Accounts & Finance | Compliance & Diligence |
| HR & Admin | Recruitment & Man Power Planning | |
| Onboarding & Exit Execution | ||
| All Statutory Compliance | ||
| HR & KPI Performance Tracking | ||
| Payroll | ||
| Housekeeping & Horticulture | ||
| Employee Grievance | ||
| Employee Welfare Society | ||
| Festival & Inhouse Celebration | ||
| SCM | Stores & Inventory Control | |
| 2001 | Accounts & Finance | Cost Audit |
| Secretarial Compliance | ||
| 1998 | Accounts & Finance | MIS Reporting |
| 1997 | Accounts & Finance | Finance & Banking |
| 1996 | Accounts & Finance | Internal Audit |
| Statutory Audit | ||
| 1994 | Accounts & Finance | Bookkeeping & Accounts |
International Accounting Standards: Expertise in International Accounting Rules and UK GAAP.
Financial Management: Oversee financial operations, budgeting, forecasting, and reporting to enhance financial performance and compliance.
Cost Control: Implement cost-saving measures and financial strategies that boost profitability.
Handled all Statutory compliance: Able to handle all such statutory compliances of all such departments independently and successfully.
Financial Planning and Analysis: Able to develop and oversee financial strategies, budgeting, and forecasting.
Financial Reporting: Accurate and timely financial reporting to stakeholders, with the requirement of the management.
Risk Management: Identify and mitigate financial risks, including market and operational risks.
Cash Flow Management: Oversee cash flow planning and ensure funds availability, on monthly, weekly & daily basis.
Investment Decisions: Manage investments and assess financial viability for new ventures and in the market according to management response and approval.
Regulatory Compliance: Compliance with financial regulations and standards handle.
Cost Management: Monitor and control organizational expenses and cost structures.
Stakeholder Communication: Communicate financial performance and strategies to investors, board members, and other stakeholders.
Financial Systems and Controls: Implement and maintain robust financial systems and internal controls.
Strategic Planning: Contribute to business strategy development from a financial perspective.
Tax Planning: Optimize tax strategies to minimize liabilities and ensure compliance.
Capital Structure Management: Manage the company’s capital structure, including debt and equity.
Mergers and Acquisitions (M&A): Lead financial due diligence and integration for mergers, acquisitions, and other corporate transactions.
Leadership and Team Management: Lead the finance team and collaborate with other departments. Capable to handle a large team independently.
Audits: Able to handle all such audits as statutory, internal, GST, PF, ESIC, Pollution, ISO, etc. with complete success rate.
HR Leadership: Developed and executed HR policies and programs, improving employee satisfaction and operational efficiency.
Administrative Oversight: Managed administrative functions to ensure smooth plant and corporate operations.
Recruitment and Staffing: Oversee talent acquisition, recruitment processes, and onboarding of new employees.
Employee Relations: Manage employee relations, address grievances, and foster a positive workplace culture.
Performance Management: Implement performance appraisal systems and manage employee evaluations.
Training and Development: Identify training needs and organize professional development programs.
Compensation and Benefits: Oversee payroll, benefits administration, and compensation structures.
Policy Making & Development: Make and develop, implement and update HR policies and procedures.
Compliance: Ensure compliance with labour laws, employment standards, and regulatory requirements.
Workforce Planning: Create and implement strategies for workforce planning and talent management.
Employee Engagement: Plan and execute employee engagement activities and initiatives.
HR Data Management: Maintain employee records and manage HR data using HR Information Systems (HRIS).
Administrative Function: Oversee office administration, facility management, and procurement of office supplies.
Health and Safety: Implement and maintain workplace health, safety, and wellness programs.
Conflict Resolution: Mediate and resolve workplace conflicts and disputes.
Leadership: Provide guidance and support to the HR and admin teams, ensuring alignment with organizational goals.
Budget Management: Manage the HR and admin department’s budget.
Organizational Development: Support organizational development and change management initiatives.
SCM Strategy: Managed the end-to-end supply chain process, from procurement to distribution, optimizing supply chain efficiency.
Process Improvement: Implemented best practices to streamline operations and reduce costs.
Supply Chain Strategy: Implement supply chain strategies aligned with business goals.
Procurement Management: Oversee the procurement process, supplier selection, and negotiation of contracts.
Inventory Control: Manage inventory levels, optimize stock, and minimize excess inventory.
Logistics Coordination: Coordinate logistics, transportation, and warehousing to ensure timely delivery of goods.
Supplier Relationship Management: Build and maintain strong relationships with suppliers and vendors.
Demand Planning and Forecasting: Conduct demand forecasts and manage supply chain planning processes.
Cost Optimization: Identify opportunities for cost reduction and process improvement within the supply chain.
Quality Control: Ensure the quality of goods and materials meets company standards and requirements.
Risk Management: Identify and mitigate risks related to the supply chain, such as disruptions or delays.
Compliance: Ensure compliance with legal, regulatory, and safety standards in all supply chain activities.
Performance Monitoring: Track key performance indicators (KPIs) for supply chain performance and implement corrective actions when necessary.
Technology Integration: Implement and manage supply chain technologies and systems for better efficiency.
Sustainability Initiatives: Promote sustainable supply chain practices.
Cross-Functional Collaboration: Collaborate with other departments such as production, sales, and finance to align supply chain activities with business needs.
Team Leadership: Lead and manage the supply chain team, providing guidance, training, and support.
Continuous Improvement: Promote a culture of continuous improvement in supply chain processes and operations.
Operational Excellence: Oversaw plant operations, ensuring adherence to quality standards and operational targets.
Understand machinery: Understand machinery: Be familiar with the types of equipment used in the plant, including how they function, common issues, and maintenance needs. Be familiar with the types of equipment used in the plant, including how they function, common issues, and maintenance needs.
Process flow: Learn the step-by-step processes that the plant follows for production, ensuring efficient workflow and minimal downtime.
Strict adherence to safety procedures: Ensure compliance with OSHA (Occupational Safety and Health Administration) or other local regulations.
Personal Protective Equipment (PPE): Wear necessary safety gear and make sure team members do the same.
Emergency protocols: Know the evacuation procedures, fire safety, and first aid measures.
Regular checks: Perform daily checks on machinery for wear and tear or signs of malfunction.
Preventive maintenance: Schedule and track routine maintenance to prevent equipment failure.
Record-keeping: Maintain logs for equipment operations, issues, and repairs.
Troubleshooting skills: Quickly identify operational issues and come up with solutions to reduce downtime.
Working under pressure: Stay calm and decisive during unexpected problems.
Energy efficiency: Implement energy-saving practices, such as optimizing machine settings and reducing unnecessary use of resources.
Effective communication: Ensure clear communication with team members, management, and other departments to keep operations running smoothly.
Training and development: Continuously train operators and workers to improve their skills and knowledge of new technologies and processes.
Environmental and regulatory compliance: Ensure the plant adheres to all environmental laws and reporting requirements.
Incident reporting: Log and report any safety incidents or equipment failures as required by the plant’s policies.
Experience in handling plant operations comes from actively engaging in all these aspects, gaining insights through on-the-job learning, and continuously improving the skills.
Capital Project: Set up of capital project including all the statutory compliance and registration and approvals required to start construction of plant. Able to handle from inquiry of industrial land till the opening and first invoicing from the new venture.
Operation & Assembly: Experienced in handling the operation of assembly department, by systematic time and work schedule, with proper analysis applying the sequential changes, evaluating the path through CPM and PERT method to save the cost and time of the batches and projects.
IT Department:
IT Integration: Led software implementation projects to enhance operational efficiency and integration across departments.
Implementation of software like customised ERP and SAP: Able to study the requirement of the organisation, with proper locking and controlling, where fetching data as per the hierarchy in the organisation.
Server Channel and Distribution: Suggested and implemented the server system with a separate and centralized domain as per the company's needs.
Business Development Plans: Suggested strategies for growth and success in new business development areas, with proper planning and execution.
The Knowledge of External Commercial Borrowings (ECB) and Initial Public Offerings (IPO) based on
different experience points:
ECB means the borrowing of funds from external or foreign sources. These are loans obtained by Indian companies from non-resident lenders, often in foreign currencies, for various purposes like expansion, import of capital goods, or other approved uses.
Novice or Beginner:
Understands ECB as a way for companies to raise funds from foreign sources.
Knows basic terms like lenders, borrowers, and interest rates.
Intermediate:
Has knowledge of the different types of ECBs, such as Foreign Currency Convertible Bonds (FCCBs) and External Commercial Loans.
Understands the regulatory framework governing ECBs in India, including guidelines set by the Reserve Bank of India (RBI).
Aware of the advantages (e.g., lower interest rates, access to large capital) and risks (e.g., foreign exchange risk, stringent compliance requirements) associated with ECBs.
Advanced:
Proficient in analysing the impact of ECBs on a company's financials and the broader economic environment.
Can evaluate the risk management strategies to mitigate forex risks associated with ECBs.
Has experience in structuring ECB deals, including negotiations on terms and conditions, managing compliance, and dealing with cross-border legal and tax issues.
Familiar with the process and requirements for raising ECBs, including necessary documentation, approvals, and reporting to regulatory bodies.
An IPO is the process by which a private company offers shares to the public for the first time to raise capital. This marks the transition from a privately held entity to a publicly traded one.
Novice or Beginner:
Understands IPO as a process where a company sells its shares to the general public to raise funds.
Knows basic concepts like shares, stock market, and investors.
Intermediate:
Has knowledge of the IPO process, including the role of underwriters, book building, pricing, and listing on stock exchanges.
Understands the advantages (e.g., capital raising, increased visibility) and disadvantages (e.g., regulatory scrutiny, disclosure requirements) of going public.
Familiar with the various stages of an IPO, from the initial filing with regulatory bodies (like SEBI in India or SEC in the USA) to the listing and post-IPO compliance.
Advanced:
Proficient in assessing the financial and strategic implications of an IPO on a company.
Experienced in preparing companies for IPOs, including financial audits, due diligence, drafting prospectuses, and investor roadshows..
Can analyse market conditions to determine the optimal timing and pricing for an IPO.
Skilled in post-IPO management, including maintaining investor relations, regulatory compliance, and managing stock performance.
Market Research & Survey: Identifying foreign markets, understanding customer preferences, and evaluating competitors.
Novice or Beginner:
Commercial Invoice: Lists the goods, quantities, and value for customs declaration.
Bill of Lading: Proof of shipment.
Certificate of Origin: Certifies the origin of the goods.
Packing List: Details the contents of the shipment.
Export License: If required for restricted items.
Customs Clearance: Coordination with customs to ensure goods meet regulatory requirements.
Shipping and Logistics: Selecting the right shipping methods (air, sea, etc.), managing freight forwarders, and tracking the shipment.
Export Payment Methods:
Letter of Credit (LC): Ensures payment through a bank.
Advance Payment: Payment before shipment.
Open Account: Payment after delivery.
Export Incentives:
Duty Drawback: Refund of duties paid on imported inputs used in manufacturing exported goods.
MEIS/SEIS Schemes: Merchandise Exports from India Scheme (MEIS) and Service Exports from India Scheme (SEIS) offer incentives based on the Free on Board (FOB) value.
Export Credit Guarantee Corporation (ECGC): Provides insurance and credit risk cover for exporters.
Post-Shipment: Handling any claims, managing remittances, and fulfilling regulatory compliances.
Import Experience:
Sourcing: Identifying international suppliers, negotiating terms, and ensuring product quality.
Import Documentation:
Commercial Invoice: For customs duty assessment.MEIS/SEIS Schemes: Merchandise Exports from India Scheme (MEIS) and Service Exports from India Scheme (SEIS) offer incentives based on the Free on Board (FOB) value.
Bill of Entry: A document filed with customs to declare the goods imported.
Insurance Certificate: Protects goods during transit.
Import License: Required for restricted items.
Customs Duties: Ensuring the right duties (Basic Customs Duty, IGST, Anti-Dumping Duty) are paid and benefiting from any applicable exemptions or concessions.
Port Handling: Coordinating with port authorities, customs agents, and ensuring the efficient handling of goods.
Delivery & Warehousing: Final delivery to warehouses or end clients.
Import Payments: Managed through LC, advance payments, or through open accounts.
Compliance: Adherence to regulatory requirements, ensuring proper labeling, and following safety and quality standards.
Duty Drawback:
A government scheme where exporters can claim a refund of duties paid on imported materials that are used in the manufacture of exported goods. To claim it:
Exporter files an application: Exporter files an application with supporting documents (e.g., shipping bills, import duty receipts).
Drawback amount: The drawback amount depends on the product and can be claimed as a percentage of the FOB value.
Export Incentives:
Incentives provided to encourage exports, such as:
MEIS/SEIS Schemes: Provides duty credit scrips based on the exports, which can be used to pay various duties.
Advance Authorization: Allows duty-free import of inputs for export production.
Duty Exemption Scheme: Exempts customs duties on inputs required to produce export products.
58 bottles blood donated & Continuing
Member of School Prefect Council 1990
School Cricket Captain 1989 – 90
Won the Long jump in School Annual Athletic Meet 1989
Member of State cricket team U – 15 1986
General Secretary Bengali Club, Indore 2011
President of Bengali Association, Indore 2015 – 16
Founder Hony. Secretary of Bardari Industrial Association, Indore till 2017
Five plays on stage as in a lead role
Reached in singing Corporate Talent Competition CTC final Mumbai in 2018 from Reliance
English U/S/R/W
Hindi U/S/R/W
Bangla U/S/R
Marathi U/S
Playing & Watching Cricket, badminton, Hockey, football
Music & Singing
Cooking
Home Interior
Travelling
Photography
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