Sarasija Iyer
Hyderabad
Summary
Finance professional with over 10 years of experience specializing in Finance, Banking, Accounts, Product Costing, Budgeting, and Taxation. Proven track record in managing financial operations, strategic financial modeling, working capital management, taxation, audits, and financial reporting. Adept at securing funding, enhancing credit limits, and meeting organizational goals through efficient and organized practices. Strong leadership in developing financial models, overs eerseeing audits, and ensuring compliance with tax and accounting regulations.
Overview
12
12
years of professional experience
Work History
Manager (Finance)
JSW Energy Limited
12.2023 - Current
- Lead strategic financial modeling and credit limit management for JSW Energy and its subsidiaries, developing cash flow forecasts and scenario analysis for renewable and thermal power projects
- Enhance and negotiate working capital limits with lenders, managing facility documentation, security creation, and perfection for new and enhanced limits
- Prepare financial models, CMA, and write-ups on projects for securing loans for working capital facilities, including fund-based limits like CC, WCDL, OD, short-term loans, commercial papers, and non-fund-based limits such as PBG, FBG, LC, and Buyers' credit
- Initiate credit ratings for new facilities and renew credit ratings for existing facilities of JSW Energy and its subsidiaries
- Undertake post-sanction activities including scrutinizing facility agreements, Deed of Hypothecation (DOH), mortgage creation, and charge registration
- Enhance operational efficiency for pre- and post-sanction activities, such as security creation, reporting, covenant compliance, and debt servicing, helping avoid penal charges
- Collaborate with internal teams to complete monthly accounting entries and calculate monthly interest workings for debt servicing related to JSW Energy and its subsidiaries
- Monitor and prepare financial statements, including Balance Sheet, P&L, and Cash Flow under IGAAP/IND AS, ensuring compliance with statutory tax filing requirements and managing taxation matters
- Manage security creation, including documentation, title investigation, pledge creation, and MCA & CERSAI filing within timelines as per debt facility terms
- Maintain compliance with debt facility covenants, reporting requirements, and operational and financial performance reviews
- Ensure timely debt servicing and adherence to processes for availment and servicing of debt facilities
- Reconcile term loan accounts with financial institutions and internal departments such as accounts and GBS
- Administer TRA operations and complete annual reviews in coordination with relevant departments
- Liaise with banks and financial institutions for debt facility administration and forex payment processing, securing relevant forms (15CA, 15CB) and issuing forex LCs for procurement
- Secure buyers' credit for short-term financing of LCs and manage project costing for renewable energy initiatives, coordinating with Operations, R&D, and Finance teams
- Lead stock audits, respond to auditor queries, and maintain compliant financial records
- Prepare MIS reports, analyze financial trends, and provide insights for senior management and the board
- Prepare monthly Operations Financial Performance reports, focusing on COGS revaluation and providing gap analysis for operational optimization
Elite Engineering & Constructions Pvt. Ltd.
12.2012 - 11.2023
- Managed working capital planning, allocation of capital, and revenue expenditures
- Led daily banking and corporate finance for multiple projects, preparing cash budgets and reports
- Coordinated with external rating agencies for project finance assessments
- Conducted internal audits for branches and sites, ensuring timely completion and accuracy
- Finalized accounts, prepared financial statements, and managed tax planning for corporate and non-corporate entities
- Represented the company in tax audits and assessments, and led the implementation of GST procedures
Education
Master of Business Administration - MBA
Madurai Kamraj University
01.2018
Chartered Accountant - CA
Institute of Chartered Accountants of India
11.2013
Bachelor of Commerce - B.Com.
Andhra University
01.2011
Skills
- Budgeting & Forecasting
- Taxation & Compliance
- Strategic Financial Modeling
- Fund Raising
- Statutory Auditing
- Working Capital Management
- Financial Statements Preparation
- Internal & External Auditing
- Project Costing
- Team Leadership
Languages
Tamil (Native), Telugu (Fluent), English (Proficient)
Timeline
Manager (Finance)
JSW Energy Limited
12.2023 - Current
Elite Engineering & Constructions Pvt. Ltd.
12.2012 - 11.2023
Master of Business Administration - MBA
Madurai Kamraj University
Chartered Accountant - CA
Institute of Chartered Accountants of India
Bachelor of Commerce - B.Com.
Andhra University
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