SAMKIT SHAH
Vadodra
Summary
Senior finance leader with 15+ years of experience across large-scale manufacturing and global businesses. Proven track record in driving enterprise value, capital efficiency, governance, and business transformation. Trusted partner to CXOs and Boards in shaping strategy, optimizing profitability, and enabling sustainable growth.
Overview
15
15
years of professional experience
Work History
Head – Finance & Commercial, Advanced Materials Business
Grasim Industries Limited
04.2025 - Current
- Delivered decisive closure of long-pending legacy and high-risk matters (~₹100 Cr exposure), strengthening governance while unlocking tangible business value
- Drove ~₹400 Cr working capital optimization (annualized) via tighter inventory and receivable controls and structured import financing solutions; reduced working capital intensity by ~50%
- Led commercial negotiations delivering significant savings; strengthened internal controls through policy design, governance frameworks, and disciplined capex evaluation
- Drove margin expansion and cost optimization through IT-led initiatives and cross-functional alignment
- Transformed MIS into actionable business intelligence, facilitating data-driven pricing decisions that improved pricing accuracy
- Implemented real-time, mobile-enabled Power BI dashboards for leadership, enhancing decision speed and business visibility
- Stabilized payment ecosystem with zero compliance gaps through system interventions, ensuring compliance and operational integrity
- Recognition: Mizuho 40 under 40 in Finance Leader Award
Head – Corporate Accounts & MIS
Grasim Industries Limited, Aditya Birla Group – Chemical Business (8 Manufacturing Locations)
06.2021 - 03.2025
- Led enterprise-wide accounting, MIS, and financial governance across multi-location manufacturing operations
- Partnered with senior leadership on capex strategy, financial modelling, and board-level investment approvals
- Led budgeting, forecasting, variance analysis, and board reviews
- Automated management reporting, enhancing speed and accuracy for informed decision-making
- Developed Power BI-based KPI dashboards with automated reporting and mobile access for leadership insights
- Strengthened audit, compliance, and control frameworks, ensuring consistent standards across locations
- Recognition: High Achiever Award – Process Excellence Champion (2023)
Head – Financial Planning & Analysis
Aditya Birla Group, Textile Business (Global Operations)
05.2016 - 06.2021
- Led FP&A for global textile operations, driving profitability, performance tracking, and strategic planning
- Led annual budgeting and rolling forecasts for executive leadership
- Managed consolidated reporting and cash flow governance to optimize working capital management
- Delivered insights on retail/store profitability, enhancing decision-making for operational efficiency and returns
- Successfully led Anti-Dumping Duty case for Thailand operations (duty removed after ~25 years)
- Supported capex decisions and procurement strategy, contributing to effective risk management initiatives
- Recognition: Emerging Professional Award (Chairman’s recognition)
Finance Manager
PT Elegant Textile Industry
05.2013 - 05.2016
- Managed end-to-end finance operations, ensuring accuracy in accounting, treasury, payroll, and compliance
- Optimized liquidity and funding strategies while mitigating forex exposure risks
- Led capex negotiations and implemented cost optimization initiatives to enhance financial performance
- Implemented SAP-based MIS for raw material planning, improving forecasting accuracy
- Aditya Birla Group
Internal Audit Manager (Assistant Manager)
ICICI Bank Ltd.
Mumbai
06.2011 - 03.2013
- Led internal audits for banking operations, covering loans, credit cards, payroll, ensuring compliance and risk mitigation
- Conducted comprehensive internal audit reviews across multiple banking operations to ensure compliance.
- Identified control gaps, recommending process improvements to enhance operational effectiveness for senior management and audit committee
- Developed risk assessment frameworks for audit planning processes.
- Collaborated with cross-functional teams to ensure compliance with regulations.
Education
Company Secretary -
ICSI
01-2011
Chartered Accountant -
ICAI
01-2010
B.Com -
VNSG University
Surat01-2008
NSE Certification - Capital Markets & Derivatives
Skills
- Financial governance
- Management reporting
- Business partnering
- IT automation
- Working capital management
- Financial modeling
- Budgeting and forecasting
- Negotiation skills
- Risk assessment
- Process optimization
- Team leadership
- SAP, Power BI, and advanced Excel
Personal Information
Date of Birth: 17th June, 1987
Languages
- English
- Hindi
- Gujarati
- Bahasa Indonesia
Leadership Awards
- "40 Under 40 Finance Leaders" Across Indian Corporates (2026)
- Aditya Birla Price Award (2026)
- High Achiever Award (2023)
- Emerging Professional Award: Chairman's Award (2017)
- Aditya Birla Group Talent Pool (Since last 10 years)
Timeline
Head – Finance & Commercial, Advanced Materials Business
Grasim Industries Limited
04.2025 - Current
Head – Corporate Accounts & MIS
Grasim Industries Limited, Aditya Birla Group – Chemical Business (8 Manufacturing Locations)
06.2021 - 03.2025
Head – Financial Planning & Analysis
Aditya Birla Group, Textile Business (Global Operations)
05.2016 - 06.2021
Finance Manager
PT Elegant Textile Industry
05.2013 - 05.2016
Internal Audit Manager (Assistant Manager)
ICICI Bank Ltd.
06.2011 - 03.2013
Company Secretary -
ICSI
Chartered Accountant -
ICAI
B.Com -
VNSG University