Tally ERP
Rajeshree Menon
CFO
Mumbai
Summary
An accomplished Chief Financial Officer dedicated to driving company growth, securing funding, and achieving strategic objectives. An expansion-focused expert with extensive experience in navigating complex financial challenges, successfully guiding businesses from startup phases to operations exceeding INR 600 million. Later transitioned to a not-for-profit think tank with an income base of INR 50 million. Offering strong financial and fundraising expertise to steer organizations toward profitability, both in challenging times and during growth periods. Renowned for exceptional leadership and interpersonal skills, adept at recruiting, hiring, and managing high-performing teams. Experienced across various business functions, including finance and accounting, operations, supply chain, human resources, and fundraising.
Overview
30
30
years of professional experience
5
5
years of post-secondary education
Work History
CFO
Center for Study of Science Technology and Policy
2022.02 - Current
- Led budgeting process, collaborating with department heads to allocate resources strategically and ensure alignment with organizational goals.
- Enhanced cash flow management through development of robust forecasting models, ensuring optimal liquidity for business operations.
- Oversaw budgets, payroll, and accounts payable and receivable.
- Spearheaded implementation of new financial reporting system, resulting in more accurate and timely data for decision-making purposes.
- Oversaw preparation and submission of all tax filings, mitigating potential risks associated with noncompliance.
- Refined internal control procedures, strengthening overall integrity of financial data captured within system.
- Presented financial results to board members and investors during quarterly meetings, maintaining transparency in communication regarding company performance.
- Fundraising for company with overall increase of 12% YOY
CFO
FAC SERVICES PVT LTD -CFO Services
2017.06 - 2022.01
- Created, planned and implemented policies and procedures to increase productivity .
- Oversaw deployment of strategic business plans to accomplish accounting, compliance and revenue targets.
- Slashed payroll/benefits administration costs 20% by negotiating pricing and fees, while ensuring continuation and enhancements of services.
- Renegotiated agreement with suppliers and consultants, resulting in INR 2mn in savings.
- Conducted detailed analysis of company financial information and preparation of related reports.
- Analyzed operational issues and implemented corrective action plans to improve profitability and efficiency.
- Researched and secured INR 50mn line of credit from bank by reducing interest cost by 4.25%.
- Enhanced cash flow management through development of robust forecasting models, ensuring optimal liquidity for business operations
Head of Finance
GOLI VADA PAV PVT LTD
2004.08 - 2017.05
- Partnered with IT, business development and operations leadership to develop robust financial business plan with detailed benchmarks and action plans for scaling up franchisee stores.
- Monitored budget, revenue and variance trends for INR 360mn company, regularly apprising CEO of company's financial standing.
- Increased profits by 6% introducing Transfer Price resulting into reduction of Bad debts, cash pilferage and wastages.
- Assisted Directors with recruiting, interviewing and hiring senior employees for department.
- Strategically promoted product mix which thereby resulted in 20% increase of Gross profit benefiting both Company and franchisee.
- Analyzed financial statements against forecasts to prepare high-level variance analysis.
- Analyzed financial data regarding product performance and customer performance and developed reports for key stakeholders.
- Monitoring Cash Flow while taking adequate measures to ensure utilization of funds towards accomplishment of objectives
Finance Manager
ALCHEMIE FINANCIAL SERVICES PVT LTD
1994.05 - 1997.09
- Monitored budget, revenue and variance trends for company, regularly apprising CFO of company's financial standing.
- Audited, balanced and reconciled payroll for more than 100 personnel.
- Negotiation with Banks and Financial Institution for arranging Working Capital Limits, Term Loan for group Companies.
- Prepared Project Report.
- Cash Flow Management.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making
Lecturer, Accounting and Finance Department
Birla College of Art Science and Commerce
1998.06 - 2004.05
- Managed large lecture sections while maintaining a high level of individualized attention for each student''s needs through office hours consultations.
- Supported the department''s continuous improvement initiatives through active participation in faculty meetings, workshops, and conferences.
- Utilized various teaching methodologies to effectively deliver complex financial concepts, improving overall student performance on exams.
- Maintained a high level of expertise in accounting and finance theory through continuous professional development activities.
- Participated in student and faculty events to highlight program offerings, engage students and increase profile on campus.
Education
CMA (COST AND MANAGEMENT ACCOUNTANT) - Accounting And Finance, Costing
INSTITUTE oF COST AND WORKS ACCOUNTANT oF INDIA
MUMBAI 1992.04 - 1994.05
Bachelor of Commerce - Accounting And Finance
MUMBAI UNIVERSITY
MUMBAI 1989.06 - 1992.03
Skills
- Strategic planning
Operational decision making
Budgeting
Quantitative analysis
Accounting principles
Financial Management
Reporting expertise
Negotiation
Leadership
Fund Raising
Cash flow management
Accomplishments
- Achieved increase in Profit through effectively helping with negotiation.
- Achieved reduction of cost of material sold by 7% through effectively tracking of Inventory.
- Supervised team of 18 staff members.
- Conceptualizing and implementing ERP systems.
Software
Microsoft Excel
Microsoft Word
Interactive Dasboard
Languages
English
Hindi
Marathi
Malayalam
Timeline
CFO
Center for Study of Science Technology and Policy
2022.02 - Current
CFO
FAC SERVICES PVT LTD -CFO Services
2017.06 - 2022.01
Head of Finance
GOLI VADA PAV PVT LTD
2004.08 - 2017.05
Lecturer, Accounting and Finance Department
Birla College of Art Science and Commerce
1998.06 - 2004.05
Finance Manager
ALCHEMIE FINANCIAL SERVICES PVT LTD
1994.05 - 1997.09
CMA (COST AND MANAGEMENT ACCOUNTANT) - Accounting And Finance, Costing
INSTITUTE oF COST AND WORKS ACCOUNTANT oF INDIA
1992.04 - 1994.05
Bachelor of Commerce - Accounting And Finance
MUMBAI UNIVERSITY
1989.06 - 1992.03
Similar Profiles
Kritika Adesh GadpayleKritika Adesh Gadpayle
Senior Research Analyst at Center for Study of Science Techbology and Policy (CSTEP)Senior Research Analyst at Center for Study of Science Techbology and Policy (CSTEP)
Shakevia PurnellShakevia Purnell
Intern at Center For Women Policy StudyIntern at Center For Women Policy Study
Santanu DasSantanu Das
Senior Research Associate at Institute of Advanced Study in Science and Technology (IASST)Senior Research Associate at Institute of Advanced Study in Science and Technology (IASST)