Pawan Ajaykumar Chhangani

• Key Responsibilities:
• 1) Asset Management Coordination: Coordinate the acquisition, valuation, and transfer of distressed assets within the company's portfolio as per Master Direction – Reserve Bank of India (Transfer of Loan Exposures) Directions, 2021. (Approx Book value of 10,000 Cr.)
• 2) Financial Controls and Compliance: Implement and maintain effective internal controls to safeguard company assets and ensure compliance with regulatory requirements and accounting standards. Conduct regular reviews and audits to assess the effectiveness of financial controls and identify areas for improvement.
• 3) Financial Reporting and Analysis: Oversee the preparation of accurate and timely financial statements, including balance sheets, income statements, and cash flow statements, in accordance with regulatory requirements and accounting standards. Conduct comprehensive financial analysis to assess the company's performance, identify key trends, and provide insights to support strategic decision-making by senior management
• 4) Cash Flow Management: Manage cash flow projections and liquidity planning to optimize the company's financial resources and ensure sufficient liquidity to meet operational needs and debt obligations. Evaluate investment opportunities and funding sources to maximize returns while minimizing financial risks.
• 5) Compliance and Risk Management: Ensure compliance with regulatory requirements and internal policies governing the management of distressed assets. Conduct regular audits and reviews to assess operational risks and implement measures to mitigate them effectively.
• 6) Stakeholder Communication: Serve as a primary point of contact for internal and external stakeholders on financial matters, including investors, lenders, auditors, and regulatory authorities.
• 7) Workflow Optimization: Develop and implement efficient workflows to streamline operations related to asset evaluation, restructuring, and resolution. Identify bottlenecks and inefficiencies in operational processes and propose solutions to enhance productivity and reduce turnaround time.
• Demonstrated leadership skills in managing projects from concept to completion
• Delivered services to customer locations within specific timeframes
• Learned and adapted quickly to new technology and software applications
• Developed strong organizational and communication skills through coursework and volunteer activities

Key Responsibilities:

1) Annual PPM Audits (For 20+ Funds).

2) Internal Audits of Portfolio Management Services (PMS).

3) Internal Audits of Alternate Investment Funds.

4) Internal Audits of Investment Banking Business.

5) Internal Audits of Fixed Income Business.

6) PMS Disclosure Document review

7) Compliance Audit.

8) Policy drafting for AIF Business

Major Clients: Avendus Group, Multiples Group, Marcellus AIF, Edelweiss AIF.

Key Responsibilities:

1) Internal Audit of Alternate Investment Funds (AIF).

2) Compliance Test Report (CTR) review of AIFs.

3) Annual PPM audits as per AIF Regulation.

4) Compliance support to various AIFs.

5) Document verification of transfer of unlisted equity share of NSE ltd.

Major Clients: IIFL Wealth Management Ltd (Now 360 One WAM), Paragon Partners, Aavishkaar Group AIF, Piramal Group AIF.

Key Responsibilities:

1) Managing Concurrent audit of PMS business and review of concurrent audit team for FY 2016-17. (Team of 6 Members)

2) Internal Audit of Nonwoven manufacturing company and Paints manufacturing Company.

3) Managing India level stock verification of leading alcohol company.

4) Valuation of various business entities.

Major Client: IIFL Wealth Management Ltd (Now 360 One WAM), DIAGEO, Supreme Group, Apcotex Industries Ltd.

Key Responsibilities:

1) Team Lead: PMS Concurrent audit for FY 2015-16.

2) Team Lead: PMS certification (Client financials) as per PMS Regulation for FY 2015-16.

3) Team Member: PMS concurrent audit and certification for FY 2014-15.

4) PMS Disclosure Document (DD) review.

5) Internal Audits: Nonwoven and Paint company.

6) Blind stock verification of leading toy company.

Major Client: IIFL Wealth Management Ltd (Now 360 One WAM), Supreme Group, Apcotex Industries Ltd.