SAP
BABLu DEBNATH
AGM / DGM – FINANCE & ACCOUNTS
Kolkata,WB
Summary
Strategic Finance & Accounts Leader with extensive leadership experience across Power, Manufacturing, and FMCG sectors. Achieved optimization of working capital and reduction of finance costs through effective financial strategy, regulatory compliance, and audit leadership. Focused on driving business growth and efficiency by implementing key improvements and fostering an open culture of information exchange.
Overview
3
3
Languages
33
33
years of professional experience
Work History
Senior Manager – Accounts
Inland Power Ltd.
07.2024 - Current
- Lead finance function for power generation business and major ethanol project.
- Lead financial accounting & reporting in compliance with Ind AS and regulatory norms.
- Prepare CERC/State Electricity Regulatory tariff and financial submissions.
- Manage plant budgeting, cost monitoring and variance analysis.
- Ensure revenue recognition and billing for power sales & grid transactions.
- Handle working capital planning, cash flow forecasting and fund utilization.
- Liaise with banks for term loan drawdowns and project funding.
- Ensure compliance with GST, Income Tax & ROC requirements.
- Lead statutory and internal audits and strengthen internal controls.
- Support CFO in accounting of ₹320 Cr Ethanol Project (CAPEX & OPEX).
- Liaise with IOCL, BPCL & HPCL for receivable reconciliation.
- Led strategic financial planning initiatives to optimize budget allocation and resource utilization.
- Developed and implemented process improvements that enhanced operational efficiency across multiple departments.
- Mentored junior staff, fostering skill development and enhancing team performance through targeted training.
- Analyzed financial reports to identify trends, informing executive decisions and driving business growth.
- Coordinated cross-functional teams to execute complex projects, ensuring alignment with corporate objectives.
- Oversaw compliance audits, ensuring adherence to industry regulations and enhancing risk management practices.
- Implemented financial forecasting models, improving accuracy in predicting revenue streams and resource needs.
- Led cross-functional teams to achieve project milestones and deliver high-quality results.
- Provided strong leadership to enhance team productivity and morale.
- Established strong relationships with clients and stakeholders, ensuring long-term partnerships and repeat business.
- Improved team performance by providing comprehensive training and fostering a collaborative work environment.
- Collaborated closely with peers from other departments to drive organizational success jointly as one cohesive unit.
- Reduced costs, optimized resource allocation, and improved efficiency in managing projects.
- Managed large-scale projects and introduced new systems, tools, and processes to achieve challenging objectives.
- Implemented and developed operational standards, policies and procedures.
- Achieved operational excellence by streamlining processes and implementing best practices.
- Demonstrated exceptional adaptability in navigating complex situations or rapidly changing environments with ease.
- Conducted performance evaluations, compensations and hiring to maintain appropriate staffing requirements.
- Balanced competing priorities efficiently while maintaining focus on critical tasks requiring immediate attention.
- Increased customer satisfaction with timely project deliveries and seamless communication.
- Implemented innovative solutions to overcome challenges, leading to enhanced productivity levels.
- Promoted a culture of continuous learning through regular workshops, seminars, and training sessions for staff.
- Executed appropriate staffing and budgetary plans to align with business forecasts.
- Utilized data-driven insights to make informed decisions that resulted in higher returns on investments.
- Reviewed and analyzed reports, records and directives to obtain data required for planning department activities.
- Championed process improvement initiatives that led to significant cost savings without compromising on quality standards.
- Consistently met or exceeded annual performance targets set by senior leadership.
- Consolidated vendors and renegotiated contracts to optimize costs.
- Enhanced company reputation by driving successful initiatives that addressed client pain points effectively.
- Held monthly meetings to create business plans and workshops to drive successful business.
- Boosted team member productivity by enhancing performance monitoring and instituting motivational approaches.
- Managed budgets effectively, achieving financial objectives while maintaining strict control over expenditures.
- Evaluated vendor offerings critically to select the most appropriate partners for delivering desired results at optimal costs.
- Spearheaded change management efforts for seamless adoption of new systems or processes among employees.
- Negotiated high-value contracts with new suppliers, securing better pricing and terms, which improved profit margins.
- Developed and implemented strategic financial planning processes, enhancing operational efficiency and decision-making.
- Led cross-functional teams to optimize budgeting processes, resulting in improved resource allocation and cost control.
- Streamlined account reconciliation systems, significantly reducing discrepancies and improving financial reporting accuracy.
- Mentored junior managers in best practices for account management, fostering professional growth and team collaboration.
Manager – Finance & Accounts
Duncan Tea Ltd.
07.2012 - 06.2024
- Handled complete finance & accounts function for manufacturing operations.
- Led and mentored team of 8 finance professionals.
- Prepared quarterly & annual Ind AS financial statements.
- Reduced interest cost by 18% through working capital optimization.
- Developed and monitored annual budgets & variance analysis.
- Prepared CMA data and enhanced bank limits to ₹18 Crore.
- Ensured GST, TDS, TCS, e-invoicing & tax audit compliance.
Manager – Accounts (Plant)
Shurjo Energy Ltd.
01.2009 - 12.2012
- Managed plant finance, SAP implementation & project accounting.
- Controlled CAPEX & OPEX budgets and cash flow.
- Filed Service Tax, VAT, CST & Excise returns.
- Liaised with banks and financial institutions for funding.
- Strengthened internal controls and cost management.
Manager – Accounts & Finance
Sonodyne International Ltd.
01.2007 - 12.2009
- Managed LCs and bank guarantees for import/export transactions, ensuring secure financing.
- Prepared CMA data and bank reporting for financial forecasting and analysis.
- Ensured statutory compliance with TDS, EPF, ESI, and PT regulations to mitigate legal risks.
- Managed LCs & Bank Guarantees (Import/Export).
Accounts Officer
Badlao Foundation
01.2003 - 12.2006
Audit & Accounts Executive
Basu Dey Kapoor / P.L. Bakshi & Co.
01.1997 - 12.2003
CA Articleship
Das & Sharma, Chartered Accountants
01.1993 - 12.1996
Education
M.Com -
University of Guwahati
Guwahati , India01-1994
CA Final (Group I Cleared) -
ICAI
Delhi, India05-2008
Skills
Financial Leadership
Financial analysis
Budgeting
Cost forecasting
Financial decision support
Accounting & Compliance
Ind AS & Financial Reporting
Corporate Taxation
GST management
TDS management
Tax Compliance Management management
Audit Management
Corporate Governance
Financial Reporting Standards
Regulatory compliance
Budget oversight
Cost monitoring
Variance analysis
Revenue recognition
Cash flow analysis
Working capital management
Internal auditing
Process improvement
Team management
SAP implementation
GST adherence
Tax compliance
Cross-functional collaboration
Business performance review
Reporting
Staff training
Accounting
MS office
Timeline
Senior Manager – Accounts
Inland Power Ltd.
07.2024 - Current
Manager – Finance & Accounts
Duncan Tea Ltd.
07.2012 - 06.2024
Manager – Accounts (Plant)
Shurjo Energy Ltd.
01.2009 - 12.2012
Manager – Accounts & Finance
Sonodyne International Ltd.
01.2007 - 12.2009
Accounts Officer
Badlao Foundation
01.2003 - 12.2006
Audit & Accounts Executive
Basu Dey Kapoor / P.L. Bakshi & Co.
01.1997 - 12.2003
CA Articleship
Das & Sharma, Chartered Accountants
01.1993 - 12.1996
M.Com -
University of Guwahati
CA Final (Group I Cleared) -
ICAI
Accomplishments
- Supervised team of 20 staff members.
- Achieved 100% result by completing registration and implementing GST with accuracy and efficiency.
- Used Microsoft Excel to develop inventory tracking spreadsheets.
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Work Preference
Work Type
Full TimePart TimeLocation Preference
RemoteHybridQuote
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Tony Robbins
Software
Languages
English
Bilingual or Proficient (C2)
Interests
SAP