Birendra Trivedi

• Streamlined financial reporting by upgrading legacy systems and adopting new technology solutions.
• Managed capital expenditure projects to ensure alignment with budgetary constraints and strategic objectives.
• Advised executive leadership on strategic planning initiatives, contributing valuable insights based on financial analysis.
• Spearheaded due diligence efforts for potential mergers and acquisitions, identifying lucrative opportunities for growth.
• Secured favorable financing terms for business expansion projects through strong negotiation skills.
• Optimized cash flow management to maintain positive liquidity and minimize interest expenses.
• Enhanced company profitability with the development of comprehensive financial strategies and risk management policies.
• Negotiated favorable vendor contracts that resulted in significant cost savings for the company over time.
• Established transparent lines of communication between the finance department and key stakeholders, enabling informed decision-making and fostering a collaborative work environment.
• Coordinated audits with external parties, ensuring full compliance with regulatory requirements while minimizing disruptions to daily operations.
• Mentored junior finance professionals within the organization, cultivating a culture of continuous learning and development.
• Directed budget development, budgetary controls and recordkeeping to make informed financial decisions.
• Oversaw budgets, payroll, and accounts payable and receivable.
• Tracked cash flow and financial planning to analyze company's financial strengths and weaknesses and propose strategic directions.
• Oversaw accounts payable and receivable to track income and expenditures, drive statutory compliance and provide quantitative financial information.
• Directed budget development, creation of budgetary controls and recordkeeping systems and investment management.
• Prepared accurate financial statements at end of quarter to summarize financial health and business performance.
• Conducted detailed analysis of company financial information and oversaw preparation of related reports.
• Managed financial, operational and human resources to optimize business performance.
• Initiated strategy to drive company growth and increase market share and profitability.
• Maintained P&L and shouldered corporate fiscal responsibility.

Financing Functions:

• Collaborated with department heads to establish and manage Letters of Credit for suppliers, review export LC documentation, and ensure timely payments with banks.
• Structured and arranged local and cross-border guarantees from banks within sanctioned limits, optimizing cash flow management.
• Led independent correspondence with banks and secured immediate financing through invoice discounting, enhancing liquidity.
• Conducted monthly bank reconciliations and managed various banking credit limits to ensure efficient utilization.
• Developed and reviewed weekly and monthly cash flow reports for group companies to support strategic financial planning.
• Drafted annual and quarterly business plans for regions and business units, aligning with organizational goals.
• Analyzed and reviewed monthly business plan budgets versus actuals, including overheads and target achievements, to identify areas for improvement.
• Coordinated financing for working capital and projects through banks and financial institutions to support business growth.

HR Functions:

• Managed and processed monthly payroll under WPS, ensuring accurate and timely compensation.
• Maintained detailed employee payroll records and conducted group incentive audits, leading to effective disbursement of incentives.
• Settled end-of-service benefits in compliance with labor laws and authorized appointment letters and staff-related documents.
• Administered annual disbursement of incentives and commissions based on performance metrics and KPIs.

Accounting Functions:

• Prepared and maintained statutory books of accounts and reconciled financial statements to present a true and fair view of the company’s financial position.
• Analyzed financial data and expenditure on a monthly basis to control costs and support strategic decision-making.
• Drafted and circulated KPIs and incentive/commission policies, and ensured timely release of incentives according to company policies.
• Filed regional VAT, GST, and corporate taxes in compliance with local regulations, ensuring accurate and timely submissions.

Receivable / Payable Management:

• Conducted aging analysis to control receivables and streamline collections, optimizing cash flow.
• Ensured timely payments to vendors and managed accounts payable within preset parameters, improving reconciliation processes.
• Analyzed payables aging to understand payment patterns and implemented credit and collections policies to minimize bad debts and defaults.

MIS:

• Prepared and analyzed MIS reports to provide feedback on financial performance, including variance analysis of profit margins and inventory metrics, to support executive decision-making.

Audits & Legal Compliances:

• Planned and managed internal and statutory audits to ensure timely completion and adherence to budget constraints.
• Coordinated with internal and statutory auditors for comprehensive account reviews and reporting.
• Ensured company is in compliance in terms of filing financials, tax returns, VAT, GST on times.

Highlights:

• Handled key banks including HSBC Bank, Mashreq Bank, Dubai Islamic Bank, Emirates NBD, Sharjah Islamic Bank, Saudi British Bank-KSA, Saudi National Bank, Rabo Bank-NL, Citi Bank, SBI-India, Axis Bank, and others, optimizing banking relationships and financial operations.

• Market Research on the Commodity (MCX & COMEX) on daily basis & analyzing the Trend in the market for the day.
• Preparation of daily commodity research report.
• Developing Trading Strategies to Hedge Positions on the Arbitrage Trades.
• Weekly presentation of Fund Position to the Management.
• Trading on Currencies (INR/USD/EURO) / Euro Bond & Commodities- Precious Metals like Gold, Silver, LME,Crude Oil & Natural Gas.
• Training Trainees on Trading software’s and strategies.

• Understanding Operational Process of Banking and taxation Division and preparing a Project on the Financial Instruments i.e. Hedging used to minimise the risk in the fluctuation on the Global Oil Prices.

• Fundamental Analysis of Infrastructure Project (Analysis of Cash Flow and Capital Expenditure)