Summary
Overview
Work History
Education
Timeline
Generic
Priya Madan

Priya Madan

Faridabad

Summary

Qualified Chartered Accountant, Company Secretary & MBA Gold medallists, with 19 years of Post Qualification Experience and overall experience of 22 years in the areas of Operational finance, MIS & Planning, Accounting with exposure to process & ERP System Implementation of Telecom Infrastructure, Export house, Retail / Real Estate & Consulting Firms. Worked closely with VC’s like IDFC , Kalaari capital and others naming in industry. Handled due diligence of VC’s Independently while leading team of finance, HR & Business. Built up the team from scratch working with the founders closely for business decisions, market strategy & fund raise. Good experience in design of MIS systems, Shared services set up and implementation & and exposure to management reporting and treasury Management. Hand on experience in dealing with B2C and B2B customers. While dealing with Indian Market , we were serving to 84 locations directly to the customers while working on B2B side of the marker I was individually responsible to look after this part of revenue. I successfully on boarded UCB, Aditra Birla& Asics Having hands on experience in due diligence, Process & SOP development, ERP implementation. An effective communicator with good interpersonal as well as relationship management skills.

Overview

21
21
years of professional experience
2027
2027
years of post-secondary education

Work History

Operations & Finance Director

Price & Buckland India P Ltd
06.2023 - Current
  • Company Overview: UK based -100% FDI -Private sector
  • Ensuring retention of customers and setting up the growth path for the business.
  • Review budget forecasts for upcoming year, finalizing and implementation of the same in agreement with all stakeholders.
  • Responsible for country P&L management and variance in budgets and taking corrective action after doing root cause analysis.
  • Looking at overall operations of the business including Customers, production plan & execution till delivery of the product.
  • Ensuring a smooth supply chain for the factory, liaisoning with the factories, vendor benchmarking and assessments, annual AOP agreements with vendors and ensuring the smooth execution of the same.
  • Weekly reviews with all the key members and stakeholders i.e. Production, Supply chain management, HR & admin, Sales team.
  • Monitoring daily cash flows, ensuring required liquidity in the business by maintain rolling forecast of bank facilities, collecting overdue and planning investment in inventories.
  • Handling fund management at country level by working capital management & fund raising.
  • Working on legacy issues related to taxes, payroll & Compliances and other legal matters related to business.
  • UK based -100% FDI -Private sector

Finance Director

Indo British Garments Private Limited
03.2017 - 12.2022
  • Company Overview: G4S Group Company- having Group turnover of 3500 Cr
  • End to end responsibility to drive the results and achieve cost efficiencies.
  • Key KRAs to help business deliver PBITA and ensuring the cash flow targets are aligned.
  • Managing fund position with short term as well as long term cash flow planning.
  • Responsible for re-defining processes to bring in the maximum efficiency and ensure smooth work flow for smoother operations.
  • Helping business with key analysis on Customer buying pattern, credit risks and with the costing for the tender /RFPs being submitted.
  • Compiling and finalizing the budgets & strategic plan for the organization.
  • Quarterly review, Forecasts and updation bridges.
  • Responsible for driving the budgets and analyzing the variances and taking the corrective action required in order to achieve the desired results as a key finance resource.
  • Responsible for setting up the Strategic & tactical procurement plan.
  • Ensuring right buying, right quality at right time was the key to minimize inventory and ensure smooth supply chain.
  • Delivering savings on annual basis and setting up the team targets to drive cost efficiencies by developing right vendors.
  • Minimizing procurement costs and ensuring the right order quantity to smooth supply chain and minimum inventory holding cost and at same time keep the production running for smooth and timely delivery to buyer.
  • Responsible for end to end Secretarial & legal compliances of all the entities.
  • Responsible for closing key agreements with vendors and suppliers ensuring minimum business risk.
  • Working closely with packing & Logistics department.
  • G4S Group Company- having Group turnover of 3500 Cr

Financial Controller

Luxeva India Private Limited
05.2015 - 03.2017
  • Company Overview: Popxo.com
  • Setting up the cost drivers and performance metrics to monitor the performance, process efficiencies and achieve standardization across the shared service setup.
  • Manage the overall accounting, compliance, investor relations, legal, tax, and treasury departments.
  • Responsible for setting up processes and implementing the same to achieve cost efficiencies and financial controls.
  • Facilitating Fund raise process i.e. getting due diligence through for Indian and UK entity, checking closure and follow up on CPs, working closely with India and UK consultants for SSA drafts and warranties disclosure documents.
  • Getting the Valuation in place and facilitation of all relevant documents with Ministry of Company affairs after Allotment.
  • Getting Board approvals and relevant corporate actions in place.
  • Managing working capital requirements of business and monitoring daily cash flows.
  • Overview and discussion of Monthly MIS with Founders and Investor’s finance team.
  • Responsible for Month-end closing and reporting including management reports, Investor MIS and Board deck.
  • Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package.
  • Processing monthly payroll and managing related taxes.
  • Ensuring all legal & regulatory compliances related to organization.
  • Popxo.com

Business Controller

Richemont India Private Limited
08.2013 - 04.2015
  • Company Overview: Richemont is second largest company in field of luxury retail, with particular strengths in jewellery, luxury watches and writing instruments.
  • Worked in Richemont shared services set up as a part of centralised team to work for multiple brands present in India.
  • Involved frequent travelling to the Brand setup across the country and to Regional offices.
  • Consolidation of accounts for all brands for review by management.
  • Allocation of shared services cost basis identified allocation metrics and charging the same to Brands as a part of month end and year end reporting.
  • Getting the approval for key metrics of allocations for charging the same at time of budgets and reviewing the same on quarterly basis to include the impact of market & industry changes and Brand performance.
  • Identifying the cost drivers and revenue drivers for all segments of shared services setup.
  • Worked on development of SOP and process across brands for efficient utilisation of resources.
  • Responsible for consolidated as well as Brand wise monthly reporting and closing.
  • Responsible for overall review of brand performance in India and closely working with Brand directors and country managers including Budgets and Latest estimates review.
  • Analysing Monthly Brand P&L, performing variance analysis and reviewing the same with Brand directors/Country managers, deciding upon the corrective action required.
  • Analysis of performance geographically and in wholesale network.
  • Drafting incentive programmes for wholesalers, getting necessary approvals and implementing the same.
  • Preparing Brand-wise, retailer wise DSO and reviewing the same with relevant brand directors.
  • Richemont is second largest company in field of luxury retail, with particular strengths in jewellery, luxury watches and writing instruments.

Assistant Manager (F&A) & Business Analyst

Indus Towers Limited
10.2010 - 08.2013
  • Company Overview: Indus Towers is a joint venture between Bharti Airtel, Vodafone & Idea cellular which has more than one lac telecom sites.
  • Revenue Assurance
  • Monthly reporting and MIS for revenue i.e. Revenue bridge, Addition/deletion in tenancies, validating Loading charges and other parameters.
  • Customer dispute resolution on various issues e.g. rental premium, loading, Changes in parameters, Site uptime and SLA penalties.
  • Validations of database for Lock/Operational, Newly acquired, hold sites and ensuring minimal cost.
  • As Business Analyst include Capex Productivity Analysis & Controls i.e.
  • Detailed analysis of the assets installed / issued on sites with respect to Site type, Site classification, Tower height, Number of BTS as well as operators.
  • Track Budget vs Actual on a granular level and working towards automation of process.
  • Analysis of Upgrade cost, annual replacement & various other budget categories to bring out exceptions from the same.
  • Re-determination/ validation of life cycle of Key Components of Tower infrastructure.
  • Analysis of Vendor-wise Cost of Services for future benchmarking.
  • To come up with the recommendations for all control issues in Capex productivity and working towards automation of these reports.
  • Indus Towers is a joint venture between Bharti Airtel, Vodafone & Idea cellular which has more than one lac telecom sites.

Manager – Finance & Accounts

VIOM Networks Limited
02.2008 - 04.2010
  • Company Overview: VIOM Networks Limited, a joint venture between Tata Teleservices and Quippo, a SREI Group enterprise, is the pioneer in the Shared Passive Telecom Infrastructure industry in India.
  • Management Reporting & Monthly Closing
  • Prepare Monthly MIS with detailed report on Variances.
  • Handling due diligence audit for private equity placements to venture capitalist, arranging required data and explaining the same to PE investors’ representatives.
  • Monthly Closing & Reporting to management along with detailed schedules with variances.
  • Controlling head wise expenses as per budget along with control over Opex spending and overall responsibility for Monthly provision for closure of books for all circles.
  • Handling of audit and preparations of all P&L audit schedules as per auditors requirements.
  • Working closely with HR for monthly salary workings and on variable disbursements i.e. PLI, Actuarial valuation, Medical allowances, LTA, Leave encashment, FNF etc.
  • VIOM Networks Limited, a joint venture between Tata Teleservices and Quippo, a SREI Group enterprise, is the pioneer in the Shared Passive Telecom Infrastructure industry in India.
  • Worked as a part of Business Process Excellence team for development of Finance SOP & Processes.
  • Coordination with KPMG team working towards processes for integrated entity.
  • Worked as a Finance SPOC for FA analysis done by E&Y team to bring out the weaknesses in existing FA process and develop a SAP linked FA process to ensure completeness and accuracy of capitalization done.
  • Implementation of SAP and ensuring migration of accurate data from Tally to SAP module.
  • Single Point of Contact (SPOC) for integration of all modules.

Assistant Manager – Finance & Accounts

SPL Industries Limited
08.2004 - 02.2008
  • Monthly reporting of the Profit & Loss Account and Balance Sheet along with the explanations to the major variances from the Budget and Last Month Actual.
  • List of Customers who are in the zone of Potential Write Off with a note that what immediate steps are being taken to ensure the earliest recovery of the same.
  • Preparation of monthly Cost & Benefit analysis sheets for products, Stock analysis reports, Consumption reports.
  • Presentation before Income tax and sales tax authorities for assessment.

Education

LLB (H) -

Chartered Accountant - undefined

The Institute of Chartered Accountants of India

Company Secretary - undefined

Institute of Company Secretaries of India

PGDM - Finance

All India Institute of Management Association (AIMA)

B.Com - undefined

Delhi University

Articleship - undefined

Y.K. Joneja & Co, Chartered Accountants
02.2001 - 04.2004

Timeline

Operations & Finance Director

Price & Buckland India P Ltd
06.2023 - Current

Finance Director

Indo British Garments Private Limited
03.2017 - 12.2022

Financial Controller

Luxeva India Private Limited
05.2015 - 03.2017

Business Controller

Richemont India Private Limited
08.2013 - 04.2015

Assistant Manager (F&A) & Business Analyst

Indus Towers Limited
10.2010 - 08.2013

Manager – Finance & Accounts

VIOM Networks Limited
02.2008 - 04.2010

Assistant Manager – Finance & Accounts

SPL Industries Limited
08.2004 - 02.2008

Articleship - undefined

Y.K. Joneja & Co, Chartered Accountants
02.2001 - 04.2004

Chartered Accountant - undefined

The Institute of Chartered Accountants of India

Company Secretary - undefined

Institute of Company Secretaries of India

PGDM - Finance

All India Institute of Management Association (AIMA)

B.Com - undefined

Delhi University

LLB (H) -

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