Mahender Singh Shekhawat

• Led Finance function for three business verticals with full P&L responsibility.
• Established segment wise margin setup and pricing mechanism with market competitiveness, drove product portfolio to achieve gross margins.
• Implemented Sales Reforms with Quality customer and Quality SKU Concept to achieve the revenue targets and direct cost optimization.
• Successfully drove company-wide cost optimization initiatives resulting in significant profitability improvements.
• Reduced working capital through improved receivable management and inventory optimization.
• Designed profitability dashboards enabling management to take faster commercial decisions.
• Managed banking relationships and optimized credit facilities with lower cost.
• Led Annual Operating Plan (AOP), Budgeting and Rolling Forecast processes.
• Successfully completed statutory, tax and internal audits with zero major qualifications.
• Developed financial MIS for Board and Management review.
• Led cross-functional teams across Manufacturing, SCM, Procurement and Sales.

• Oversaw operations across four branches in India, leading a team of 7 members to achieve operational objectives,ensuring compliance and financial integrity.
• Established a leasehold model for rapid expansion having lower establishment and project cost.
• Debt Restructuring by repayment of ECB's and domestic loans through financial discipline and lowered unhedged forex exposure.
• Managed complex and layered Stakeholder Management of multinational investors and board representation.

Finance & Project Controlling

• Led CAPEX planning, forecasting, budgetary control, and project financial monitoring, ensuring optimal capital allocation and adherence to project budgets.
• Managed cash flow planning, working capital optimization, and liquidity management to support business operations and investment requirements.
• Prepared and presented monthly MIS, Budget vs. Actual analyses, variance reports, and management dashboards to facilitate strategic decision-making.
• Partnered with cross-functional teams to identify financial risks, evaluate opportunities, and improve project profitability through proactive financial controls.
• Drove multiple cost optimization initiatives across manpower, consumables, manufacturing rejections, and energy consumption, resulting in enhanced operational efficiency and cost savings.
• Conducted weekly and monthly performance reviews with functional heads to monitor key financial and operational KPIs, ensuring accountability and timely corrective actions.
• Managed foreign exchange transactions, including import payments for goods and services, while ensuring compliance with RBI and FEMA regulations.
• Strengthened working capital management through rigorous monitoring of receivables, debtor ageing, and collection performance, improving cash realization.
• Led monthly financial close and balance sheet reconciliations, covering inter-company and third-party receivables/payables, inventory, fixed assets, capital work-in-progress, bank accounts (including foreign currency accounts), fixed deposits, payroll, employee benefits, warranties, reserves, and inter-company loans.
• Managed the fixed asset lifecycle, including capitalization, asset classification, depreciation policy implementation, vendor tooling capitalization, asset tagging, and periodic physical verification.
• Directed Accounts Payable and Accounts Receivable functions, ensuring timely invoice processing, vendor payments, customer collections, and effective ageing management.
• Ensured compliance with direct and indirect tax regulations, including withholding tax, GST input tax credit optimization, reverse charge compliance, tax payments, and statutory return filings.
• Managed FEMA compliances, External Commercial Borrowing (ECB) arrangements, regulatory filings, and resolution of compliance matters including contraventions and compounding.
• Coordinated statutory audits by driving financial statement finalization, balance sheet substantiation, audit readiness, and compliance with statutory reporting requirements, ensuring smooth completion of external audits.
• Played a key role in the annual financial planning and reporting process, supporting preparation of statutory financial statements and ensuring adherence to accounting standards and corporate governance requirements.

• Managed accounts payables and receivables, month-end closing, and compliance with direct and indirect tax regulations while ensuring accurate capitalization, depreciation, royalty calculations, and balance sheet reconciliations; prepared schedules for statutory audits and addressed audit observations.
• TPR Autoparts is a Japanese organization and is engaged in the production of sleeve cylinders and piston rings. The Production facility is based in NCR Region of Rajasthan in Alwar.

• Responsible for the: Accounts Payables and routine accounting work, Compliance related to Direct and Indirect tax, Petty Cash and Bank.