Ajay Anand Vyas
Summary
Results-driven Commercial Manager with MBA in Finance and extensive experience in financial planning and control. Enhanced financial processes and systems while managing complex negotiations for land acquisition, ensuring compliance and fair compensation for landowners. Delivered strategic insights through financial analysis and project management to drive operational efficiency and support organisational growth.
Overview
25
25
years of professional experience
Work History
Commercial Manager
Svaryu Energy
Gujrat
01.2025 - 05.2026
- Negotiated successful deals for business contracts with best terms and prices.
- Negotiated favourable payment terms with vendors, improving cash flow and financial stability.
- Handling financial departments with responsibility for Banking, LC, ABG, Forecasting, Payroll, Accounts Payable and Receivable, Cost Estimating for Project works.
- Managed project for 70 MW Bagodra, collaborating with SJVN, and 105 MW in Amreli, working closely with Inox.
- Coordinated internal processes and external suppliers to enhance customer satisfaction.
- Liaison with all government/semi government departments.
- Secured mineral leases and easement agreements from landowners, ensuring compliance with legal standards.
- Conducted annual rent reviews for surface leases, achieving fair compensation and maintaining positive relationships with landowners.
- Negotiated complex land acquisition agreements, addressing unique challenges and securing favourable outcomes.
- Presented quarterly performance reports to senior management, highlighting achievements and areas for improvement.
Sr. Manager (Comm.)
Dek & Mavericks Infrastructure Pvt. Ltd.
Ahemdebad
11.2023 - 12.2024
- Be responsible for the project budget provisioned for the team and manage and arrange it closely with the Senior Project Manager.
- Lead all commercial discussions with the Client where the Senior Project Manager can support.
- Facilitated processes for applications for payment and billing, directly managing payments for accuracy and timely processing.
- Manage all the Projects Planning and finance.
- Arrange and lead monthly performance reviews with the objective of ensuring delivery of budget targets.
- Arrange and facilitate monthly forecast reviews to approve latest projections (post risks and opps).
- Arrange and facilitate monthly operations/demand planning reviews.
- Govern project charges from Suppliers to ensure financial responsibility and cost centre management is applied i.e. RFE/PO etc.
- Enhanced supplier relationship and performance within portfolio through targeted initiatives.
- Monitor stock level, delivery times, transport costs to satisfy plant operation needs.
- Facilitated communication with various government and semi-government departments to streamline processes.
- Coordinated with government offices, including Collector Office and Municipal Council, to effectively address land acquisition matters.
Asst. Manager SCM
Refex Industries
02.2021 - 11.2023
- Maintain necessary database to develop a Master Production Schedule to support customer requirements and efficient manufacturing processes.
- Manage the Shipping and Receiving function, including the Import and Export function.
- Monitored stock levels, delivery times, and transport costs to meet plant operational requirements.
- Coordinated internal processes and external suppliers to enhance customer satisfaction.
- Researched vendors and purchasing strategies to ensure optimal quality at the lowest cost.
- Ongoing solar project of 65 MW capacity in Raipur Chhattisgarh. (Client- Chhattisgarh Railway)
- Conducted business operations in Chennai to support local market needs.
Finance & Accounts Manager
Ritis Meera Infra Energy LLP
04.2017 - 03.2020
- Handling financial departments with responsibility for Banking, LC, ABG, Forecasting, Payroll, Accounts Payable and Receivable, Cost Estimating for Project works.
- Developed monthly financial reports on project expenditure and growth charts to analyse progress, delays, and inflation impact on project costs.
- Coordinated procurement, local liaisoning, client billing, and account management for various O&M sites with plant capacities up to 154 MW in Karnataka and 48 MW in Madhya Pradesh. (Client - Hero Future group)
- Manage, coordinate resources for and meet all entitlement needs for land acquisitions.
- Managed project materials and oversaw operations of site staff to ensure effective resource utilisation.
- Liaison with all government/semi-government departments.
- Coordinate with Government offices and officials (ie. Collector Office, SDO, Tahsildar Office, Municipal Council, Land Revenue Office, Talathi Offices, etc.) for land acquisition matters.
- Managed the store department and oversaw material and site management for the staff.
- Commissioned solar project of 22 MW capacity in Bellary Karnataka. (Client-Hero Future group)
- Commissioned solar project of 60 MW capacity in Gadna Bap Rajasthan. (Client-Hero Future group)
- Managing ongoing 450 MW Solar PV ground mounted project in Bap, Rajasthan. (Client-Hero Future group)
- Managed projects and teams in Jaipur
Site Accountant Cum Store Incharge & Administration
Refex Energy Limited
07.2013 - 04.2017
- Performed accounts work for project materials and managed contractor accounts.
- Coordinate with Government offices and officials (ie. Collector Office, SDO, Tahsildar Office, Municipal Council, Land Revenue Office, Talathi Offices, etc.) for land acquisition matters.
- Liaison with all government/semi government departments.
- Manage, coordinate resources for and meet all entitlement needs for land acquisitions.
- Handling Store Department with Responsibility of Material and site management for staff.
- Developing Monthly Reports of All Expenses in Project.
- Managed financial departments, including banking, LC, ABG, forecasting, payroll, accounts payable and receivable, and cost estimating for project works.
- Process all purchase orders for Project, Maintenance and Stores.
- Commissioned various solar projects such as 10 MW project in Kolayat, (Trimex Sendpvt.Ltd) 7 MW project in Kolayat (Topaz Investment) and 1 MW Bhilwara. (Godawat Taxtiles) 11 MW project in Kolayat, (client - ATHA).
- 11 MW Project in Gurha (Client-KSK).
- Procurement, Local Liaisoning, Client Billing and Account Management of various O&M site like 11 MW in Kolayat (client -ATHA), 11 MW in Gurha (Client- KSK), 10 MW in Kolayat (Client -Trimex) and 7 MW in Kolayat (Client - Ghodawat group).
- Commissioned solar projects as 9.5 MW project in Alote MP (Atha Group) 5 MW in Baap (Client-CEPO).
- Mumbai
Account Officer (STAINLESS STEEL COLD ROLLING)
Shree Jain Metal
06.2001 - 06.2013
- Responsible for performing accounts payable functions for construction expenses and managing vendor accounts, generating weekly on demand cheques.
- Handling financial departments with responsibility for Forecasting, Payroll, Accounts Payable and Receivable.
- Maintaining compliance with accounting deadlines and preparing company accounts and tax returns for audit.
- Interfacing monthly payroll functions for 100+ employees and interacting with bankers, insurers and solicitors regarding financial transactions.
- Developing annual company accounts and reports and administering online banking functions.
- Jodhpur
- Holds credit in reducing credit period from 60 days to 30 days.
- Formulated weekly confidential sales reports for presentation to management; managed the internal and external mail functions.
- Effectively rendered telephone support and scheduled client appointments and maintained up-to-date confidential client files.
- Supervised and recorded company expenses.
- Also emphasised on the maintenance of machinery on intervals basis to reduce the costings.
Education
MBA - Finance
Sikkim Manipal University
Manipal01.2012
B.Com -
J.N.VU
Jodhpur, Rajasthan01.2001
HSC - Commerce
Rajasthan Board of Senior Secondary Education
Jodhpur01.1999
Skills
- Project Finance
- Financial modelling
- Financial Accounting
- Statutory Compliance
- SAP FICO
- Reconciliation
- Team Management
Languages
Hindi
Custom Section
- MBA (Finance) with 19 years of career enriching experience in the field of commercial
- Scope of expertise entails: Financial Planning, Financial Control, Risk Management, Accounts Management, Internal Control, Project Management, System Implementation, Operations Management, Manpower Management, Commercial Operation, Cost Reduction, Land Liaisoning, Land acquisition of Private Land
- Demonstrated abilities in enhancing financial processes and systems, reviewing complex financial data to facilitate strategic financial growth of organisations; resourceful in the completion of projects.
- Extensive experience in charting out strategies and heading activities pertaining to Finance, Accounting and Project management.
- Proficient in mapping business requirements with proven ability in designing & implementing systems to achieve cost control & financial discipline and enhance the overall efficiency of the organisation.
- Abilities in executing new policies as well as procedures for standardizing daily operations; initiating cost control measures.
- Strong analytical & organizational abilities with adeptness in formulating accounting systems, preparing accounting records and financial statements.
Languages
4,B2
Hobbies and interests
- cricket
- Reading
- singing
Timeline
Commercial Manager
Svaryu Energy
01.2025 - 05.2026
Sr. Manager (Comm.)
Dek & Mavericks Infrastructure Pvt. Ltd.
11.2023 - 12.2024
Asst. Manager SCM
Refex Industries
02.2021 - 11.2023
Finance & Accounts Manager
Ritis Meera Infra Energy LLP
04.2017 - 03.2020
Site Accountant Cum Store Incharge & Administration
Refex Energy Limited
07.2013 - 04.2017
Account Officer (STAINLESS STEEL COLD ROLLING)
Shree Jain Metal
06.2001 - 06.2013
MBA - Finance
Sikkim Manipal University
B.Com -
J.N.VU
HSC - Commerce
Rajasthan Board of Senior Secondary Education