Reading Books on life skills
Playing Badminton
Lalit Jalan
Bangalore
Summary
A results-oriented Senior Finance Professional with over 14 years of experience in driving transformational change. Leadership experience in Digital Transformation, FP&A, Risk and Compliance, Tax, Insurance, ESOPs and IPO Readiness. I work with a vision to use Digital Transformation to Enhance Compliance, Improving Employee Productivity, Faster and Data Driven Decision Making and Improving Customer Experience.
Overview
16
16
years of professional experience
Work History
Senior Director Finance and Procurement
WeWork India Management Limited
06.2017 - Current
- IPO & Strategic Fundraising:
Part of the core team leading the DRHP to listing journey, working with bankers, law firms, and auditors on MD&A, Financials, and Industry Reports.
Executed roadshow logistics and materials, ensuring seamless coordination for investor presentations.
Contributed to valuation and pricing strategy, resulting in a successful offering price and securing targeted capital raise.
Led three due diligence processes for fundraising and contributed to continuous fundraising through strategies like finance lease and sell/leaseback. - Digital Transformation & Innovation:
Spearheaded digital transformation for finance and procurement, implementing systems like SAP, Ariba, Aerchain, Yardi, Tableau, Cygnet, and Happay.
Transitioned over 400 team members onto various platforms, automating nearly 90% of transactions.
Utilized ERP, RPA, AI, BI, and APIs to create a highly integrated infrastructure.
Currently progressing to build the AI and BI layer on top of the existing stack. - Procurement Leadership:
Managed an annual procurement portfolio of INR 1300 Crs, establishing strong partnerships with CXO-level leaders.
Led procurement for expansion of over 2 million sqft with a capex outlay of more than 500 Crs.
Achieved ~35% reduction in project costs and ~27% reduction in operational costs through negotiations and value engineering.
Created a Centre of Excellence focusing on Process Design, Automation, and Data Governance. - Controllership, Governance & Risk:
Migrated internal accounting to IND-AS and governance systems in line with listed company requirements.
Designed and implemented a proactive Enterprise Risk Management Program and an ESG framework as per BRSR (SEBI LODR).
Led the controllership function for 3 years, including setting up shared services and financial reporting teams.
Led Direct and Indirect tax verticals, securing two advantageous advance rulings for significant tax savings.
Orchestrated the end-to-end Employee Stock Option Plan (ESOP) and exercise events to ensure retention and performance.
Finance Manager
Cunico Resources N.V
08.2014 - 03.2017
- IFRS consolidated financial statements
- Product costing and cost optimization, cost reduction initiatives
- Financial Planning & Analysis & Management Meeting
- Planning and Budgeting - Formulating budgets short and long term
- Fund Planning - Managing inflow and outflow of fund, allocation of funds and Working capital management.
Associate Finance Manager
Vedanta LTD
04.2010 - 08.2014
- Financial reporting and analysis
- Budgeting, planning, forecasting, preparing long term business outlook
- FP&A and MIS reporting
- IFRS and IGAAP reporting
- Metal and Currency Hedging
Education
CHARTERED ACCOUNTANCY -
ICAI
IndiaCFA LEVEL III Passed - Financial Market
THE CFA INSTITUTE
USA01.2018
DIPLOMA IN IFRS - undefined
ACCA
UK01.2012
Skills
- Strategic Finance: IPO Readiness, Fundraising, Valuation & Pricing, Investor Relations
- Digital Transformation: SAP/ERP Implementation, RPA, AI/BI Layers, Process Automation
- Operational Excellence: Procurement (Capex/Opex), Cost Reduction, Supply Chain Management
- Governance & Control: Enterprise Risk Management (ERM), ESG (BRSR), IND-AS/IFRS Reporting, Internal Audit
- Leadership: Team Building, Change Management, Stakeholder Management, ESOP Design
Interests
LANGUAGES
Hindi: C2 Proficient
English: C1 Advanced
Timeline
Senior Director Finance and Procurement
WeWork India Management Limited
06.2017 - Current
Finance Manager
Cunico Resources N.V
08.2014 - 03.2017
Associate Finance Manager
Vedanta LTD
04.2010 - 08.2014
CFA LEVEL III Passed - Financial Market
THE CFA INSTITUTE
DIPLOMA IN IFRS - undefined
ACCA
CHARTERED ACCOUNTANCY -
ICAI
AWARDS
Winning Together Award for SAP cross functional efforts during SAP implementation. - Wework, Be Human be kind Award for leading the ESOP Buyback Programme.-Wework, Star of business - Vedanta Ltd., Continuous 4-year excellent rating - Vedanta Ltd., Recognition for ERP implementation. – WeWork and Vedanta.
HOBBIES AND INTERESTS
Reading Books on life skills, Playing Badminton