Mainak Ray
Operations And Finance
Bangalore
Summary
Performance-driven Senior Operations and Finance professional with 25 years of experience with progressive industry background and decisive leadership style. Results-oriented individual well-versed in interfacing and consulting on business processes to drive results based on sound overall business judgment.
Proven track record of building global business with strategic planning, execution and stakeholder management. Applying strong operational and organizational skills, successfully led local teams while integrating with global teams across the regions focusing on commercial impact and bottom line efficiency. Showcased empathic Leadership and People Management skills in attracting, developing, mentoring and providing career progression opportunities, globally and locally, to seasoned professionals. Effective communicator with excellent judgment and problem solving skills, particularly focusing on execution. Built a successful business venture of wild life photography. National and international level award winning photographer.
Overview
24
24
years of professional experience
6
6
years of post-secondary education
Work History
Director Operations
TORG India
Bangalore
01.2023 - Current
- Lead a start up team to safeguard and augment efficiency of the company’s operations to facilitate accelerating development and long-term success
- Performed successful implementation of operational strategies and policies to drive organizational growth and productivity
- Recruited, hired, and trained initial personnel, working to establish key internal functions and outline scope of positions for new organization
- Cultivated and strengthened lasting client relationships using effective and timely issue resolution and dynamic communication skills
- Worked collaboratively with Global JV partners in US and China to implement new procedures and corrective actions to improve client servicing capabilities
- Improved disturbed client confidence and relationships within 3 months with regular monitoring, timely interventions and efficient decision making
Partner
Manoranjan Ray & Co. Chartered Accountants
Bangalore
04.2018 - Current
- Planned, integrated and completed financial and compliance audits for various nonprofits and other organizations
- Reviewed internal control and business processes
- Given advice on improving systems, procedures and efficiency
- Analyzed data and presented reports of financial statuses
- Supervised accounting and other training procedures for new staff members
Founder
Eye Of the Wild
Bangalore
09.2017 - 12.2019
- Founded a top-class photo tour company focused on teaching wildlife photography hands on in the wilderness
- Led several tours with advanced level participants to national parks and wildlife reserves in the country and abroad
- Won many prestigious photography awards – national and international level
- Photographs and write ups got published in newspapers, nature and travel publications including National Geographic, NiF, Sanctuary Asia, Better Photography
Vice President - Investment Banking Division
Goldman Sachs
Bangalore
12.2007 - 12.2015
- Head of Investment Banking Division since 2008 - First local hire to grow from an Analyst to a Division Head
- Built a high performing business focusing on profile, impact, size, reach, quality and commercial importance
- Demonstrated excellence in Business Planning, forming Strategies and effective Execution - Strategically ramped up employee numbers from 40 people to 170+ people while expanding presence to 15 offices
- Developed and maintained strong internal client relationships across various industry groups and regions to successfully drive a global strategy - Work regularly with 25+ global business unit managers
- Spearheaded the effort of strategically transitioning various business support functions to India, which are commercially important to the global business
- Senior member of the Operating Committee since 2010 – influencing growth from 3,000 to 6,000 people
- Fostered a high impact environment; encouraged diversity of thoughts; facilitated commercial outcomes – Team contributed significantly to several global big ticket transactions
- Detailed understanding of the capital markets; global M&A world; transaction mechanisms – partner with GS Mumbai to augment India Banking franchise
- Unparalleled people skills with focus on diversity, people development, career progression and reward formulation
- Mentored, Influenced and Motivated several people in GS Bangalore – Orchestrated global career progression opportunities for 50+ home grown bankers to 8 GS offices worldwide
- Proficiently dealt with the requirements of global and divisional compliance, Internal Audit and Risk Management
Senior Analyst - Investment Banking Division
Goldman Sachs
Bangalore
05.2006 - 12.2007
- Worked as a M&A banking senior analyst in the Healthcare sector covering Americas region
- Identified potential M&A opportunities for clients, created end-to-end pitch books involving extensive qualitative and quantitative research, financial modeling and analysis
- Worked on valuation of companies based on the market comparable, precedent transactions, discounted cash flow and leveraged buyout techniques
- Worked on Merger and acquisitions analysis i.e. proforma financial statements of merged entity, consolidated market position analysis and accretion and dilution analysis
- Advised and trained junior analysts
Analyst
OfficeTiger (Goldman Sachs account)
Bangalore
10.2004 - 04.2006
- Initiating member of Goldman Sachs Investment Banking Division (Offshore unit) in India
- M&A Banker – Part of M&A banking team within the Healthcare sector covering Americas region
Deputy Manager
Lovelock & Lewes, PricewaterhouseCoopers(PwC)
Kolkata
09.1999 - 09.2004
- Conducted statutory/tax audits and limited reviews in accordance with Indian GAAP / IFRS / US GAAP
- These audits involved analysis and comparison of business financials, which helped in substantiating audit opinion on the completeness and accuracy of financial statements
- Reviewed business processes and internal control procedures critical to organizational functioning
- Worked from a PwC, U.K. office for a year bringing new offshore businesses to the Indian firm
Education
Chartered Accountant (“CA”) - 1st Attempt, Both Groups
Institute of Chartered Accountants of India
India 05.1995 - 05.1998
Bachelor of Commerce (With Hons.) -
St. Xavier’s College, Calcutta University
India 05.1992 - 05.1995
Skills
People Skillsundefined
Timeline
Director Operations
TORG India
01.2023 - Current
Partner
Manoranjan Ray & Co. Chartered Accountants
04.2018 - Current
Founder
Eye Of the Wild
09.2017 - 12.2019
Vice President - Investment Banking Division
Goldman Sachs
12.2007 - 12.2015
Senior Analyst - Investment Banking Division
Goldman Sachs
05.2006 - 12.2007
Analyst
OfficeTiger (Goldman Sachs account)
10.2004 - 04.2006
Deputy Manager
Lovelock & Lewes, PricewaterhouseCoopers(PwC)
09.1999 - 09.2004
Chartered Accountant (“CA”) - 1st Attempt, Both Groups
Institute of Chartered Accountants of India
05.1995 - 05.1998
Bachelor of Commerce (With Hons.) -
St. Xavier’s College, Calcutta University
05.1992 - 05.1995
Similar Profiles
Jeffrey C. BaillargeonJeffrey C. Baillargeon
Vice President, Global Accounts, IT OEM and Private Label at The Outdoor Recreation Group Holdings, LLC (TORG)Vice President, Global Accounts, IT OEM and Private Label at The Outdoor Recreation Group Holdings, LLC (TORG)
VIVEK KUMAR CHOUDHARYVIVEK KUMAR CHOUDHARY
Senior Finance Executive at PERSOLKELLY India Pvt. Ltd.(Deputed to FCM Travel Solutions (india) Private Limited India Ltd.)Senior Finance Executive at PERSOLKELLY India Pvt. Ltd.(Deputed to FCM Travel Solutions (india) Private Limited India Ltd.)
INDRANIL SENGUPTAINDRANIL SENGUPTA
Tax Manager at RSM US Integrated Services India Private Limited (formerly Known as RSM Delivery Center (India) Private LimitedTax Manager at RSM US Integrated Services India Private Limited (formerly Known as RSM Delivery Center (India) Private Limited
V S S R K RAJU KATARIV S S R K RAJU KATARI
Senior Analyst at CapgeminiSenior Analyst at Capgemini
Naveen Kumar Reddy BandreNaveen Kumar Reddy Bandre
Staff Technical Program Manager at Trellix Software India Private Limited (Formerly McAfee), BangaloreStaff Technical Program Manager at Trellix Software India Private Limited (Formerly McAfee), Bangalore