Ramakanta Dehury
Senior Manager, Finance
Hyderabad,TG
Summary
- Strategic and result oriented Senior Finance Professional with over 14 years of progressive experience in MIS Reporting, Treasury Operations, Cash Flow Management and Variance Analysis.
- Proven expertise in optimizing financial operations, Working Capital Management, Fund Raising, Project Financing and enhancing credit ratings to drive organizational growth.
- Demonstrated history of streamlining financial processes, minimizing borrowing costs, and leading finance teams to achieve business objectives while ensuring statutory compliance and regulatory adherence.
Overview
16
16
years of professional experience
2
2
Certifications
3
3
Languages
Work History
Freelance Auditor
Sreevidya & Associates (Chartered Accountants)
2024.10 - Current
- Engaged by a CA firm to independently conduct Stock & Receivables Audits and Bank Guarantee (BG) Audits for corporate clients on behalf of leading Indian banks.
- Leveraged extensive industry experience to provide detailed audit insights and ensure compliance with banking norms and RBI guidelines.
- Conducted audits for clients under multiple banking arrangements, evaluating credit utilization, stock valuation, insurance coverage, and receivables aging .
- Developed strong relationships with clients , building trust and ensuring a high level of satisfaction during the audit process.
Senior Manager, Finance Reported to GM Finance
UMSL Limited
2022.08 - 2024.05
- Drafted and negotiated comprehensive loan proposals and presentations for new lenders, collaborating closely with top management.
- Spearheaded initiatives to augment Working Capital limits, securing increased credit facilities from ₹41 Cr to ₹58 Cr for a group company.
- Raised WC limit from ₹63 Cr to ₹93 Cr in HDFC Bank.
- Retrieved ₹48 Lakhs penalty from IDBI Bank by fulfilling due diligence.
- Prepared and maintained comprehensive daily cash flow statements by analyzing projected inflows and scheduled payments, ensuring effective liquidity management. Also developed and submitted detailed projected cash flow reports to financial institutions during renewal of working capital limits , contributing to improved credit relationships and optimized fund utilization.
- Engaged with ICRA to enhance external credit ratings to ICRA BBB+ (Positive outlook) and on boarded Acuite Ratings and Research on my own.
- Liaised with banks to facilitate foreign remittances.
Manager, Banking and Finance Reported to CFO
Gati Kintetsu Express Pvt. Ltd
2020.07 - 2022.07
- Orchestrated the reduction of Working Capital borrowing costs from 9% to 7.25% , significantly enhancing financial efficiency.
- Secured ₹140 Crores in fresh loans from premier banking institutions, optimizing fund availability and strengthening capital structure.
- Successfully raised ₹30 Cr under the GECL scheme from multiple banks at a competitive interest rate of 7.5% , to support the company's liquidity and operational requirements during COVID period.
- Negotiated Commercial Papers (CP) at a highly competitive rate of 5.9% , optimizing company borrowing costs.
- Retrieved ₹1.16 Crores in BG commissions through effective stakeholder engagement and compliance monitoring.
- Managed transaction banking and idle fund investments, maximizing returns while maintaining liquidity.
Manager, Finance Reported to Sr. GM Finance
Patil Rail Infrastructure Pvt. Ltd.
2015.04 - 2020.07
- Spearheaded cost-saving initiatives that reduced borrowing costs from 11.5% to 10.75% , enhancing liquidity.
- Introduced Andhra Bank for a ₹5.5 Crores WC loan , strengthening working capital availability.
- Negotiated and Arranged to secure ₹45 Cr in term loans for plant and machinery expansion to support strategic growth initiatives.
- Led the transition to consortium banking , optimizing financial structuring and lender relationships.
- Directed issuance of Bank Guarantees (BG), Letters of Credit (LC), and Sales Bill Discounting to streamline operations.
Deputy Manager, Finance Reported to CFO
VMC Systems Limited
2013.09 - 2015.04
- Prepared CMA data for Working Capital limit renewal, driving compliance and operational efficiency.
- Facilitated audit readiness and compliance reporting, ensuring smooth regulatory adherence.
- Developed business plans and cash flow projections to support strategic decision-making.
Senior Finance Executive Reported to VP Finance
Vijai Electricals Limited
2009.10 - 2013.09
- Developed templates for working capital cycle analysis to optimize project execution.
- Optimized inventory levels and supported project planning to drive operational efficiency.
Education
MBA/PGDM - Finance and Operations
SDM-IMD
Mysore, India2009-03
B.Tech/B.E. - Electrical
ITER
Bhubaneswar2005-10
Skills
Corporate Finance & Fund Raising
Working Capital Management
Treasury & Cash Flow Optimization
Project Financing & Loan Documentation
Financial Planning & Analysis
External Credit Ratings & Compliance Reporting
Stakeholder Engagement & Consortium Banking
Audit Coordination & Statutory Compliance
Team Leading
Cross Functional collaborations
Certification
Data Analytics using Power BI, MS Excel and Power Point from Ira Edu-Tech
Timeline
Data Analytics using Power BI, MS Excel and Power Point from Ira Edu-Tech
2025-06
Advance Excel Workshop from Ira Edu-Tech
2025-02
Freelance Auditor
Sreevidya & Associates (Chartered Accountants)
2024.10 - Current
Senior Manager, Finance Reported to GM Finance
UMSL Limited
2022.08 - 2024.05
Manager, Banking and Finance Reported to CFO
Gati Kintetsu Express Pvt. Ltd
2020.07 - 2022.07
Manager, Finance Reported to Sr. GM Finance
Patil Rail Infrastructure Pvt. Ltd.
2015.04 - 2020.07
Deputy Manager, Finance Reported to CFO
VMC Systems Limited
2013.09 - 2015.04
Senior Finance Executive Reported to VP Finance
Vijai Electricals Limited
2009.10 - 2013.09
MBA/PGDM - Finance and Operations
SDM-IMD
B.Tech/B.E. - Electrical
ITER