PRADEEP WAKDE
Mumbai
Summary
Dynamic finance professional with extensive experience at Indofil Industries Limited, excelling in treasury and cash flow management. Proven track record in negotiating favorable loan terms and achieving compliance, while enhancing financial reporting accuracy. Skilled in SAP and adept at fostering banking relationships, driving strategic financial initiatives to optimize working capital.
Overview
26
26
years of professional experience
Work History
Manager – Treasury
INDOFIL INDUSTRIES LIMITED
06.2024 - Current
- Manage treasury, cash flow, working capital, banking relationships, debt commitments, and financial compliance activities for the organization.
- Manage daily cash flow and working capital, ensuring optimum utilization of available liquidity.
- Negotiate with banks for improved pricing and terms on various banking facilities.
- Ensure timely servicing of term loans and working capital commitments.
- Invest short-term surplus funds to optimize returns and generate additional income.
- Organized consortium meetings with bankers, presenting financial performance and business updates to enhance stakeholder engagement.
- Prepare and submit monthly stock statements to consortium bankers.
- Compiled debt profiles for rating agencies and bankers, supporting CMA data preparation for seamless working capital facility renewals.
- Support logistics and international teams in regularizing EDPMS and IDPMS transactions.
- Supported overseas subsidiaries in managing working capital and banking requirements, ensuring alignment with corporate financial strategies.
- Managed annual APR filings for overseas subsidiaries.
- Highlighted significant accomplishments in treasury management.
- Closed longstanding RBI-related non-compliance relating to an overseas subsidiary.
- Supported an overseas subsidiary by arranging an SBLC through the holding company to meet working capital requirements pending RBI approval.
- Successfully closed term borrowings as per due dates and completed CHG-4 filings for repaid loans.
- Reconciled historical APR filings for international subsidiaries to bring them into RBI compliance.
- Closed a major portion of EDPMS and IDPMS transactions pending for 6–7+ years.
- Resolved two credit-note payment matters that had remained pending for more than 6–7 years.
- Worked with consortium lenders toward removal of second charges on immovable properties.
- Successfully obtained RBI approval for an outward credit-note payment that had been pending for approximately seven years.
- Contributed to establishing the Treasury function as a profit centre for the company.
- Contributed to establishing the Treasury function as a profit centre for the company.
Senior Manager – Corporate Accounts & Finance
SAHYADRI INDUSTRIES LIMITED
04.2024 - 05.2024
- Monitored cash flow daily and tracked export payments to ensure liquidity.
- Negotiated short-term loans and supported liquidity requirements.
- Prepared monthly stock statements for banks while assessing bank guarantees to support financing decisions.
- Compiled debt profiles for rating agencies and bankers.
- Supported CMA data preparation for renewal of working capital facilities.
- Compiled management reports detailing sales reconciliation, production costs, and interest costs for strategic financial analysis.
Senior Manager – Corporate Accounts & Finance
SWASTIK INFRA-LOGIC PRIVATE LIMITED
03.2023 - 03.2024
- Monitored company’s short-term and long-term loan portfolio to ensure financial stability.
- Negotiated short-term loans and coordinated bank guarantees.
- Managed treasury operations, enhancing accuracy of sales and collection estimates.
- Calculated interest and maintained debt profiles to support effective financial management.
- Managed inter-divisional purchases and working capital reconciliation.
- Utilized ERPNext for fixed asset management, including identification of idle assets and capitalization of assets.
Senior Manager – Corporate Accounts & Finance
BUILDMEX INFRA PRIVATE LIMITED
11.2021 - 03.2023
- Led finance, banking, and treasury functions.
- Managed banking relationships to ensure liquidity and align financial strategies with organizational goals.
- Arranged channel financing facilities to optimize cash flow and support sales initiatives.
- Prepared daily cash flow reports and forecasts for sales and collections.
- Coordinated operating and vehicle leasing arrangements to ensure cost-effective asset utilization.
Senior Manager – Corporate Accounts & Finance
ASIAN HEART INSTITUTE AND RESEARCH CENTRE PRIVATE LIMITED
04.2021 - 10.2021
- Led finance, banking, and treasury functions to ensure alignment with organizational goals.
- Managed reconciliation of insurance claim receivables and recovery process for rejected claims, enhancing cash flow.
- Led books closure for FY 2020–21 during the COVID-19 period.
- Calculated equity investment gains using the Moving Average Cost method in accordance with the Companies Act.
- Prepared stock reports on near-expiry medical items to support inventory management and minimize waste.
Senior Manager – Corporate Accounts & Finance, RMC Division
PRISM JOHNSON LIMITED
09.2004 - 04.2021
- Oversaw treasury, cash flow, banking, and financial operations for RMC Division, ensuring alignment with financial goals.
- Negotiated short-term loans and managed working capital to optimize interest costs.
- Supported banking, financial reporting, working capital, and treasury requirements across the division.
- Developed and delivered monthly MIS on debt profiles, budgets, and financial performance to support strategic decision-making.
- Managed the complete fixed asset lifecycle in SAP, including CapEx budgeting, investment order creation, and asset capitalization.
- Ensured timely tax compliance covering TDS, TCS, and GST payments and filings.
- Compiled and consolidated MIS reports from multiple regions for comprehensive management review.
Senior Accounts Executive
PURE HELIUM INDIA PVT. LTD.
05.2003 - 09.2004
- Managed accounting functions including finalization of accounts, audits, statutory filings to ensure compliance and accuracy.
- Created monthly management information system reports to provide insights for strategic decision-making.
- Communicated with banks to negotiate terms to obtain favorable foreign exchange rates.
- Managed sales tax and TDS compliance.
- Prepared stock and excise reconciliations.
- Processed import documentation for shipments and outward remittances.
Accounts Executive
AGIO PHARMACEUTICALS LTD.
04.2000 - 05.2003
- Calculated and reported government incentives, including DEPB and Excise Refunds, contributing to compliance and financial optimization.
- Managed foreign inward remittance reporting and reconciled bank statements to ensure accurate financial tracking.
- Calculated FOB and CIF prices for shipments, ensuring accurate cost assessments.
- Prepared Bank Realization Certificates and associated documentation to facilitate timely processing of remittances.
- Prepared stock reconciliations.
Education
MBA - Financial Management
Welingkar’s Institute of Management Studies
MUMBAI01-2009
Skills
- Treasury & Cash Flow Management
- Working Capital Management
- Corporate Finance & Accounting
- Banking & Financial Operations
- Debt management
- Loan negotiation
- Lender management
- Financial reporting
- Debt profiling
- Budgeting & Forecasting
- Regulatory compliance
- Tax compliance
- Fixed Asset & CapEx Management
- Financial & Ratio Analysis
- SAP HANA ERPNext TCS iON Microsoft Axapta (ERP) Tally ERP 9 FACT Accounting Zoho Accounting Software
- MS Excel MS Word MS PowerPoint
- MS Excel MS Word MS PowerPoint
Personal Information
- Title: Manager – Treasury
- Availability: 3 months (Negotiable)
PERSONAL DETAILS
Languages: Marathi, English and Hindi
ADDITIONAL PROFESSIONAL STRENGTHS
- Strong banking and lender relationship management
- Excellent treasury and liquidity management capabilities
- Experienced in resolving long-pending financial and regulatory matters
- Strong analytical and reconciliation skills
- Effective coordination with auditors, bankers, rating agencies, and internal stakeholders
- Experienced in managing multiple financial functions across diverse industries
- Strong understanding of corporate finance, accounting, taxation, and regulatory processes
Timeline
Manager – Treasury
INDOFIL INDUSTRIES LIMITED
06.2024 - Current
Senior Manager – Corporate Accounts & Finance
SAHYADRI INDUSTRIES LIMITED
04.2024 - 05.2024
Senior Manager – Corporate Accounts & Finance
SWASTIK INFRA-LOGIC PRIVATE LIMITED
03.2023 - 03.2024
Senior Manager – Corporate Accounts & Finance
BUILDMEX INFRA PRIVATE LIMITED
11.2021 - 03.2023
Senior Manager – Corporate Accounts & Finance
ASIAN HEART INSTITUTE AND RESEARCH CENTRE PRIVATE LIMITED
04.2021 - 10.2021
Senior Manager – Corporate Accounts & Finance, RMC Division
PRISM JOHNSON LIMITED
09.2004 - 04.2021
Senior Accounts Executive
PURE HELIUM INDIA PVT. LTD.
05.2003 - 09.2004
Accounts Executive
AGIO PHARMACEUTICALS LTD.
04.2000 - 05.2003
MBA - Financial Management
Welingkar’s Institute of Management Studies