NAGESH G
Hyderabad
Summary
Dynamic finance leader with extensive experience at Mouritech Ltd, driving end-to-end finance operations and ensuring compliance with stock exchange requirements. Adept in ERP systems and skilled in communication, I excel in optimizing processes and leading teams to achieve strategic goals, enhancing operational efficiency and delivering impactful financial insights.
Overview
26
26
years of professional experience
Work History
AVP – Finance & Accounts
Mouritech Ltd
Hyderabad
06.2024 - Current
- Company Overview: Rs.1,600 Cr. Information Technology Company with presence in India, US, Germany, Canada, South Africa, Dubai and Singapore. Delivering to the IT needs of industries into different domains.
- Responsible for end to end finance and accounting operations, and to ensure pre listing data/information/documents requirement of stock exchanges and SEBI are timely delivered to the Management and designing a road map to adhere to the post listing reporting requirements.
- Articulate the processes and systems to minimize the human interventions and to deliver the needful with minimal efforts and in time.
- Handling team size of 45 and reporting to CFO.
Head Finance, India Operations
GC India Dental
Hyderabad
10.2022 - 05.2024
- Company Overview: Rs.150 Cr. wholly owned Indian subsidiary of GC Asia, Singapore, part of GC Corporation, Japan. A multinational conglomerate with 100 years of global presence, occupying 4th position in world Dental Industry.
- Looking after the end to end Finance & Accounting functions of India with a team size of 4 and reporting to Asia Finance Director, Singapore.
Freelance Consultant (Vice President) – F&A
VIRCHOW BIOTECH PVT LTD
Hyderabad
02.2022 - 09.2022
- Company Overview: Rs.600 Crore Bio Pharmaceutical Company engaged in manufacturing of APIs (Bulk Drugs) and Formulations (OTC) with 3 manufacturing locations in Hyderabad.
- Responsible for end-to-end accounts and finance functions, month and year end accounts closing activities, critical management information reporting (MIS)
- Statutory audits, SAP implementation and rollouts, compliance of statutory requirements
- Treasury management, capital projects status review and funding, inventory physical verification and reconciliation
- Product costing and variance analysis, preparation of data for strategic investments through third party
- Optimum utilization of resources, team management and development, assessment of resource utilization by production department, verification of procurement and consumption patterns of raw materials and packing materials, review and presentation of budgets vs actuals production and costs
- Heading a team size of 10 members and was reporting to MD (Commercial) and MD (Operations).
Plant Finance Head
Parry Sugars Refinery India Pvt Ltd
Kakinada
11.2018 - 02.2022
- Company Overview: Rs.3,000+ Crore turnover sugar refinery business vertical of Murugappa group established in SEZ of Kakinada with a production capacity of 3000 MT per day.
- Management Reporting - Budget Vs Actual and Working Capital Performance
- Circulation of Daily Cost Report and sensitization of cost over run
- Ensure proper assets capitalization and review of Assets Capitalization with the CEP budget and sensitize the schedules and the realization of benefits envisaged in the Budget justification
- Ensure Statutory Compliances and coordinate with the HO for timely filing of returns and payment of Taxes
- Participation in purchase committee for vendor and customer identification and negotiations, and ensure timely vendor reco., bill processing, payment processing and plant related collections from the customers
- Coordinate with Logistics, Process and Engineering Departments for day to day operational activities
- Review of costing procedures and preparation of production costs (VC+FMC)
- Ensure month, quarter, and yearend financial closing activities.
- Assist Statutory, IFC and Internal Auditors and provide data for timely completion audits.
- Conducting monthly, quarterly, half yearly and yearly physical verification of inventory and fixed assets
- Performance of monthly inventory reconciliation between Finance (SAP), Logistics and Process Departments
- Handled a team size of 4 members and was reporting to CFO.
AVP
Sivashakthi Biotechnologies Ltd
Hyderabad
02.2014 - 11.2018
- Company Overview: Rs.1,000 Cr. agriculture Inputs (Fertilizers & Pesticides) manufacturing and Teak plants production enterprise with sales force of 4000+ employees, 300+ service executives, 360+ accounts staff, 50+ audit staff and 50+ HR staff having presence in 15 states in India and Nepal.
- Monitoring the accounting activities of 6 business entities spread across 15 states.
- Looking after the financing and treasury activities (including Fund raising)
- Ensure maintenance of proper books of accounts and adoption of accounting policies and timely closure of books of accounts.
- Providing MIS to the management at regular intervals and on need basis.
- Liaising with bankers, statutory authorities, vendors, and auditors.
- Initiated good costing system with a comparison of estimates vs actuals.
- Visiting the production plants, sales branches and stock points for surprise check
- Played a vital role in securing the R&D approval from DSIR and CSR award from FAPCCI and Champion Employer from DHR
- Taken initiative in completing all pending works like issue of C Forms, completion of secretarial matters, legal proceedings pending against dealer marketing company
- Ensure maintenance of proper production records, fixed assets registers, inventory records and other books of accounts
- Handled team size of 60 direct and 300 indirect reportees key with key deliverables of
Plant Finance Head
Hindustan National Glass & Industries Limited
Nellore
11.2011 - 02.2014
- Company Overview: HNGIL is the glass bottle container manufacturing company with 7 plants across India having market share of 50%, and Naidupeta plant is the mega unit with manufacturing capacity of 600 MT/day with a turnover of Rs.300 Cr and serving to the market needs of southern region.
- Ensure monthly closing activities (FICO, MM, SD,PS & HR) to prepare TB, P&L and BS
- Monitor actual expenditure and compare with budgets to identify the variances and do the analysis for presentation to the management.
- Preparation of weekly, monthly and need based MIS reports
- Decentralization of roles & responsibilities to staff to complete the tasks in time.
- Ensure all statutory compliances (TDS, VAT & CST, WCT, EXCISE DUTY, PF)
- Partner in preparation of monthly payroll (in SAP environment) by ensuring no excess payments are made and employee TDS are deducted properly.
- Ensure effective utilization of funds by monitoring Capex & Working Capital requirements.
- Handled a team size of 6 members and was reporting to CFO.
Manager
Lanco Infratech Limited
Gurgaon
02.2008 - 11.2011
- Company Overview: An Infrastructure giant into the business segments of EPC, Power and Construction with a turnover of Rs.8,000/- Cr. having presence across India.
- End to end HO financial operations of EPC-Hydro vertical
- Scrutiny of ledgers and ensure that the accounting has been done properly (Zero balance, negative balances, provisions, and pre-paid expenses)
- Consolidation of data of HO and 4 Hydro EPC projects and co-ordination with the Corporate Office to comply with the statutory requirements
- Processing of payroll of employees, including employee taxation and full & final settlement of employees in ERP environment
- Cleaned the past 4 years data of Hydro division to plug the improper accounting and established good accounting practices in HO
- Maintenance of Fixed Asset Register and supporting documents for the expenditure incurred in acquiring the assets
- Looked after the full & final settlement of employees to ensure timely completion and settlement.
- Looked after the HO operations of Hydro Power Vertical and coordinated with 4 projects vertical HODs and other departmental HODs, with a team size of 2 members. Reporting to Vice President and responsible for
Ulysses Pharmaceuticals Pvt Ltd
Hyderabad
05.2004 - 01.2008
- Undergone articles training under the able guidance of senior professionals in different businesses verticals and learned alphabets of finance and accounts practically.
N.Koteswara Rao & Company
Guntur
01.2000 - 02.2004
- Undergone articles training under the able guidance of senior professionals in different businesses verticals and learned alphabets of finance and accounts practically.
Education
F.C.A -
ICAI
New DelhiB.Com -
Nagarjuna University
GunturIntermediate -
Andhra University
Visakha Patnam10th Class -
SSC Board
Andhra PradeshSkills
- Solution Centric, Multi-tasking, Exposure to business processes in ERP environment of Manufacturing & Service Industries
- Good communication & presentation skills (Verbal and Written)
- Proficient in MS Office and ERP (SAP & Microsoft Dynamics 365 BC)
Areas of Expertise
- Ensure timely closure of all month end, quarter end and year end accounting activities.
- Finalization of Books of Accounts in compliance with the Indian Statutory Requirements and Accounting Policies of the Company.
- Responsible for timely completion of Audits - Statutory, Internal and IFC Audits with Big 4 and Local Audit Firms.
- Practical experience of Costing of products and establishment of cost measures
- Major role in preparation and periodic review of Budgets and analysis of variances between actual and budget and reporting of reasons for corrective actions.
- Ensure Statutory Compliances by monitoring the team members for Co-ordination, Collection and Consolidation of data for timely payments and filing of returns.
- Experience of Liaising with Statutory Authorities like Income Tax, Sales Tax, Excise, Service Tax, Customs, ROC and GST Departments.
- Experience of settling major Insurance Claims of Fire Accident (Rs5 Cr).
- Experience of implementation of constructive incentive system for the sales staff in association with E&Y team and successfully taken up 4 projects with E&Y team
- Experience of attaining better credit rating for the company from CRISIL & ICRA.
- Participated in Employee payroll, Employee taxation and full & final settlements (SAP - HR Module).
Timeline
AVP – Finance & Accounts
Mouritech Ltd
06.2024 - Current
Head Finance, India Operations
GC India Dental
10.2022 - 05.2024
Freelance Consultant (Vice President) – F&A
VIRCHOW BIOTECH PVT LTD
02.2022 - 09.2022
Plant Finance Head
Parry Sugars Refinery India Pvt Ltd
11.2018 - 02.2022
AVP
Sivashakthi Biotechnologies Ltd
02.2014 - 11.2018
Plant Finance Head
Hindustan National Glass & Industries Limited
11.2011 - 02.2014
Manager
Lanco Infratech Limited
02.2008 - 11.2011
Ulysses Pharmaceuticals Pvt Ltd
05.2004 - 01.2008
N.Koteswara Rao & Company
01.2000 - 02.2004
F.C.A -
ICAI
B.Com -
Nagarjuna University
Intermediate -
Andhra University
10th Class -
SSC Board