M MURALI MOHAN
VP Finance
bangalore
Summary
Finance leader with 20+ years proven success in financial strategy, FP&A treasury, fundraising, budgeting risk management, statutory compliance and corporate governance, Demonstrated expertise in securing funding exceeding 100+ Cr, Optimizing working capital from Rs.13 Cr to 60 Cr. Implementing cost optimization initiatives, credit rating improvement and recovering 100% written-Off dues. Highly skilled in driving business growth through data-driven decision making and stakeholder collaboration Aligning financial planning with organizational strategy to maximize shareholder value . Demonstrated ability to streamline revenue that drive growth , increase efficiency and create value for stake holders Working closely with top sales leaders create effective financial and commercial strategies focused on achieving organizational goals.. Expertise in financial strategy & planning, monitoring, and reporting, including securing funding from banks and financial institutions. Adept at overseeing Capex and Opex budgets, conducting periodic forecasts, and managing project costs, ensuring adherence to budgetary constraints. Experienced in working with Manpower services contracts, infrastructure project contracts, and back-to-back contract finalization, demonstrating commercial acumen. Proven track record of ensuring timely closure of books, completion of statutory audits, and tax audits within stipulated timelines. Skilled in overseeing the preparation and filing of monthly, quarterly, and annual GST & TDS returns, ensuring compliance with tax regulations. Proficient in leading quantitative and qualitative analyses to derive actionable insights and make informed business decisions. Effectively reduced interest costs on sanctioned limits and generated incremental revenue by leveraging idle company properties. Possesses strong leadership skills, demonstrated by leading and managing teams of up to 20 members, fostering a culture of excellence and collaboration. Awarded Top Growth Team of the Year (2023)
Overview
28
28
years of professional experience
1
1
Certification
4
4
Languages
Work History
VICE PRESIDENT - FINANCE
STRATEGIC INFRA SERVICES PVT LTD -CHAMPION GROUP
06.2021 - Current
- Spearheaded financial strategy, FP&A, and treasury operations for multi vertical group including ITES, BPO, real estate, infra, logistics.
- Secured and negotiated funding above Rs.60Cr, facilitated major capex/Opex planning, led project financing (CC/OD, L/C, BG) and improved working capital to 60Cr.
- Implemented cost control, optimized asset utilization, reduced interest expenses and improved credit rating.
- Recovered 100% of 36 lakhs Bad debts, collaborated with sales/project team for commercial Strategy and contract performance.
- Led audits, compliance (GST, TDS) and reporting for finance team and cross functional teams.
- Spearheaded financial strategy and planning, monitoring, and reporting, collaborating closely with the CEO / Chairman to drive sound decision-making on key business issues.
- Provided strategic financial recommendations to the CEO/Chairman, leveraging in-depth financial analysis and insights to guide organizational growth and profitability.
- Oversaw and directed all aspects of financial operations, including accounting, budgeting, forecasting, reporting, and compliance, ensuring adherence to accounting standards and regulatory requirements.
- Provided insightful variance analysis reports, identifying deviations from budget and recommending corrective actions to optimize resource utilization and project profitability.
- Collaborated effectively with sales and project teams to review contracts for performance, progress, and profitability, ensuring alignment with overall business objectives.
- Proactively managed relationships with external stakeholders, including bankers, auditors, and customers, maintaining a positive and productive working relationship.
- Oversaw end-to-end accounts receivable and payable management, including credit control, collections, and vendor payments, optimizing cash flow and working capital.
- Reviewed and authorized payroll processing for a workforce of 3,000 project employees, collaborating closely with HR to ensure accuracy and timely disbursement.
- Conducted meticulous monthly reviews of accounts and expenses, diligently analyzing financial data to identify trends, areas for improvement, and opportunities for cost optimization.
- Award: Top Growth Team of the Year 2023 for achieving topline growth from Rs. 25 Cr to Rs.85 Cr.
- Played a pivotal role in securing a contract for the construction of government warehouses, roads, and school buildings, contributing to the company's revenue growth.
- Implemented effective cost control measures, optimizing financial resources, reducing interest costs on sanctioned limits, and enhancing the company's overall profitability.
- Generated significant incremental revenue for the organization by strategically leveraging idle company properties for rent or lease, maximizing asset utilization.
- External and Internal stakeholders management.
- External and internal audits coordination's.
- Relationship management with financial, business and legal advisors.
HEAD FINANCE & ACCOUNTS
STRATEGIC INFRA SERVICES PVT LTD -CHAMPION GROUP
07.2016 - 05.2021
MANAGER FINANCE
STRATEGIC INFRA SERVICES PVT LTD -CHAMPION GROUP
04.2012 - 06.2016
Manager Finance (Heading of Karnataka Region)
SDB CISCO INDIA LTD
04.2007 - 03.2012
- Led and managed a team of 8 finance professionals in the Karnataka region, overseeing financial operations for various divisions including cash management, security, reliance, and electronics.
- Managed the Bank Reconciliation Statement (BRS) process, ensuring timely identification and resolution of discrepancies to maintain accurate financial records.
- Prepared insightful ageing analysis reports to monitor and manage accounts receivable and payables, optimizing cash flow and minimizing financial risks.
- Played a key role in budget preparation and variance analysis, comparing actual results to budget, analyzing deviations, and providing recommendations for improvement.
- Prepared monthly profit and loss (P&L) accounts, providing management with timely and accurate insights into the financial performance of the Karnataka region.
- Ensured timely and accurate preparation of monthly management information system (MIS) reports, providing key financial and operational metrics to support decision-making.
- Managed and ensured the timely payment of all statutory dues, including Provident Fund (PF), Employee State Insurance (ESI), Professional Tax (PT), Tax Deducted at Source (TDS), and Service Tax, ensuring compliance with regulatory requirements.
- Prepared comprehensive cash and funds flow statements, providing insights into the company's liquidity position and supporting effective cash management decisions.
- Collaborated closely with internal and external auditors, facilitating the smooth execution of audits and ensuring timely closure of financial statements.
Senior Accountant
DRHL (India) Services Pvt. Ltd
07.2006 - 03.2007
- Responsible for supporting day-to-day financial operations and ensuring compliance with accounting principles and procedures.
- Maintained the petty cash book and performed regular reconciliations to ensure accuracy and accountability.
- Conducted detailed debtors' aging analysis, monitoring outstanding payments and implementing effective follow-up procedures to expedite collections.
- Created and maintained General Ledger accounts, ensuring accuracy and compliance with accounting standards.
- Managed Vendor & Customer accounts, ensuring timely recording of transactions and reconciliation of accounts.
- Prepared accurate and timely Cash Flow and Funds Flow statements, providing insights into the company's liquidity position and supporting effective cash management decisions.
- Prepared and reviewed Bank Reconciliation Statements (BRS), ensuring timely identification and resolution of discrepancies to maintain accurate financial records.
- Participated in budget preparation, comparing actual results to budget, analyzing deviations, and providing recommendations for improvement.
- Reviewed suppliers' ledgers and purchase files, verifying invoices, and ensuring accurate recording of expenses.
- Ensured timely payment of all statutory dues, including Provident Fund (PF), Employee State Insurance (ESI), Professional Tax (PT), Tax Deducted at Source (TDS), Service tax, and Fringe Benefit Tax (FBT), maintaining compliance with regulatory requirements.
- Collaborated with internal and external auditors, providing necessary documentation and explanations to facilitate smooth audit processes.
Senior Accountant
Margadarshi Chit fund Ltd(RAMOJI GROUP)
04.2001 - 06.2006
- Responsible for maintaining accurate financial records, ensuring compliance with accounting principles, and supporting the financial reporting process.
- Prepared and maintained the cash book and bank book, ensuring accurate recording of all financial transactions.
- Generated daily collection reports, providing timely updates on cash flow and collections performance.
- Performed inter-branch reconciliations, ensuring accuracy and consistency of financial records across multiple locations.
- Maintained the fixed asset register, recording asset acquisitions, disposals, and depreciation, ensuring compliance with accounting standards.
- Managed Debtors and Creditors ledgers, ensuring timely recording of invoices, payments, and account reconciliations.
- Prepared Finalization Schedules for financial reporting, ensuring accuracy and completeness of financial statements.
Senior Associate
GUPTA & ASSOCIATES,CHARTED ACCOUNTANTS
02.1998 - 03.2001
- Oversaw client audits.
- Lead audit engagements (Statutory, internal, Tax audits) under the guidance of a manager.
- Review the junior team members work for compliance and accuracy.
- Client account reconciliations, and review income tax returns, TDS returns.
- Act as the main point of contact for multiple clients.
- Communicate effectively to understand client needs and deliver timely solutions.
- Supervise, mentor, and train junior staff and interns.
Education
MBA - FINANCE & RETAIL MANAGEMENT
NIBM
M.Com - undefined
SK UNIVERSITY
B.Com - undefined
SK UNIVERSITY
P.G.D.IRPM - undefined
AP PRODUCTIVITY COUNCIL
Skills
Financial Modeling
Budgeting & Forecasting
Statutory Compliance
Working Capital Management
Cost Optimization
Tender Management
Stakeholder Management
Cost control & Reduction
Audit planning
execution and Finalization
Financial Strategy & Planning
FP&A (Financial Planning & Analysis)
Treasury Management
Transfer Pricing
Fundraising (Debt/Equity)
Risk Management
Compliance & Corporate Governance
Cost Optimization % Credit Rating Improvement
Mergers & Acquisitions
Revenue Management
ERP Systems: SAP
TALLY
ZOHO
Stakeholder & Board Communication
Investor
Banking & Auditor Relationship Management
Team leadership & Mentoring
Financial Management & Strategy
Team Leadership & Management
Compliance & Risk Management
Stakeholder & Relationship Management
Audit & Compliance
Data-Driven Decision Making
Revenue Optimization
Board & Investor Communication
Communication
Negotiation
Problem-Solving
Teamwork
Analytical Skills
Strategic Thinking
Decision-Making
Time Management
Relationship Management
Leadership
Certification
Certification in Insurance and Risk Management (ISBM)
Timeline
VICE PRESIDENT - FINANCE
STRATEGIC INFRA SERVICES PVT LTD -CHAMPION GROUP
06.2021 - Current
HEAD FINANCE & ACCOUNTS
STRATEGIC INFRA SERVICES PVT LTD -CHAMPION GROUP
07.2016 - 05.2021
MANAGER FINANCE
STRATEGIC INFRA SERVICES PVT LTD -CHAMPION GROUP
04.2012 - 06.2016
Manager Finance (Heading of Karnataka Region)
SDB CISCO INDIA LTD
04.2007 - 03.2012
Senior Accountant
DRHL (India) Services Pvt. Ltd
07.2006 - 03.2007
Senior Accountant
Margadarshi Chit fund Ltd(RAMOJI GROUP)
04.2001 - 06.2006
Senior Associate
GUPTA & ASSOCIATES,CHARTED ACCOUNTANTS
02.1998 - 03.2001
MBA - FINANCE & RETAIL MANAGEMENT
NIBM
M.Com - undefined
SK UNIVERSITY
B.Com - undefined
SK UNIVERSITY
P.G.D.IRPM - undefined
AP PRODUCTIVITY COUNCIL