Summary
Overview
Work History
Education
Skills
Certification
Languages
Core Competencies - Soft Skills
Trainings Attended
Previous Locations
Previous Experience
Timeline
Generic
Siddhartha Pal

Siddhartha Pal

Ahmedabad

Summary

  • Expertise in identifying areas of strength & weaknesses in the business, drive change management and leverage systems effectively to improve efficiency, productivity & bottom line
  • Vast exposure in Finance Management, Business Partnering, Profit Improvement, Sustainability & ESG, Business Control & Analysis, Business Finance & Turnaround, Board of Directors Support, Stressed Asset Management, Financial Planning & Analysis, M&A Execution Support
  • Turnaround Specialist with a proven record of success and delivering significant profit improvement
  • Key People Leader, who has successfully led and motivated team towards growth and success in the organization; created a clear & compelling view of future through coaching and execution; extensively coordinated with multi-cultural & global teams for smooth functions
  • P&L Driver & Revenue Accelerator: Drove the operations for the organization, employed a pragmatic approach and improved the profitability
  • Extensive project management expertise; proficient in grasping the big picture, conceptualizing, developing, implementing solutions, partnering closely with business leaders & stakeholders to achieve higher levels of efficiency & effectiveness
  • Facilitated the discussions with the Executive Management to elaborate on the areas of proposed improvements; defined the problem concisely and provided the proposed solution
  • Managed maximum business portfolio size worth INR 1000 Crore & max team size of 90 members
  • Successfully setup Finance Management, Business Finance, Enterprise Risk Management, MIS, Pricing & Costing function from scratch
  • Worked closely with the Board, various committees, top management in devising business strategy that supported the company's business long term growth
  • Regions Managed: US, Asia Pacific & India
  • Products & Services Managed: Healthcare, Pharmaceutical, Bulk Drug, API, Engineering (Forging, Casting, Machine Tool, Metal & Mining Equipment), Chemical, ITES, Shared Service & Consulting
  • Successfully drove new systems including ERP implementation, managed financials, negotiated with the Banks & FIs, government & regulatory authorities for securing necessary sanctions & clearances

Overview

20
20

Years of strategic Managerial experience

6
6
Certification

Work History

CXO Advisory, Strategic CFO and Corporate Training

Multiple Organisations
04.2016 - Current
  • Consulting CFO, ESG Advisory & Reporting, Turnaround, Business Partnering and Startup Advisory
  • Advising, consulting and hand holding in Corporate Finance, Sustainability Reporting, Climate Finance, ESG Advisory, Performance Improvement & Turnaround management, Business Partnering, Enterprise Risk Management, System Implementation & Stakeholder Engagement with proven track record of delivering consistent business results through strategic leadership and application of sound management practices
  • Strategy Planning & Execution to drive company growth and increase market share and profitability
  • Expertise in identifying areas of strength & weaknesses in the business, drive change management and leverage systems effectively to improve efficiency, productivity & bottom line


Head - Business Finance, Internal Control & ERM

Weir Minerals India Limited
08.2009 - 03.2016
  • Steering the formulation and implementation of corporate strategies for achievement of top-line & bottom-line targets
  • Providing strategic advisory regarding profit augmentation, process efficiency & finance transformation
  • Devising plans to enhance organization growth; incorporating corporate financial strategies
  • Aligning the Annual Operating Plans with company's long-term strategies
  • Providing critical financial and operational information to leadership management; offering tactical recommendations
  • Identifying the core reasons for control deficiencies, shortcomings and resolve through process / system implementation
  • Devising financial plan and operating budget at roll-up and department levels; defining & embedding target operating model across locations
  • Determining strategies to maintain working capital requirements in coordination through fund & non-fund-based means
  • Undertaking financial analysis, internal & regulatory reporting, accounting operations and forecasting functions; steering the overall accounting operations & audits for the organization
  • Formulating budgets and conducting variance analysis to determine difference between projected & actual results and taking corrective actions
  • Acquiring long-term funds for specific project expansion and modernization programs from financial institutions / banks
  • Designing & implementing systems, policies & procedures to facilitate internal financial and process controls & cost management; ensuring effective liaison and completion of internal, statutory and external audits
  • Ensuring compliance with statutory authorities and audit requirements; maintaining integrity of accounting system & processes and ensuring it remains effective and operational at all times
  • Presenting financial performance of the company to top management & Board of Directors for decision-making
  • Monitoring the key parameters of the business, consolidated forecast, budget and analyzing trends in revenue, expense, capital expenditure & other related areas
  • Directing & controlling finance to maximize profitability and generate revenue
  • Leading, mentoring & monitoring the performance of team members to ensure efficiency in process
  • Developing competency among the team members; managing appraisal process across the levels

Education

Cost & Management Accountancy -

Institute of Cost Accountants of India

B.Sc. - Chemistry

Calcutta University

Skills

  • Performance Improvement,
  • Value Creation & Insights,
  • Sustainability,
  • ESG Reporting,
  • Climate Finance,
  • Corporate Finance,
  • ERP Implementation,
  • Successfully improved business performance, valuation and facilitated turnaround of stressed assets as Business Partner & Value Creator to CXOs, Board of Directors
  • Worked with renowned organizations eg Columbia Asia Hospital, Ranbaxy Laboratories, Weir Minerals India, Unimed Healthcare, East India Pharmaceutical, Bay Forge India, Meta Strips, Metal Forging, Anirox Pigments and Fishfa Rubber

Certification

  • Voluntary Sustainability Standards from Corporate Sustainability Reporting Directive (CSRD)
  • Introduction to Climate-related Disclosure from Task Force on Climate-related Financial Disclosures (TCFD)
  • Integrated (Financial & Non-Financial) Reporting (ICSA, UK)
  • Climate Finance (United Nations)
  • Corporate Debt Restructuring and M&A Master Class
  • Introduction To International Insolvency Law (INSOL International, UK)
  • Predictive Analytics with R from Reva University
  • International Financial Reporting Standard from E&Y (ACCA)
  • Certified Assessor- Strategic Cost Management, Confederation of Indian Industries
  • Enterprise Risk Management from Indian Institute of Management, Bangalore

Languages

English
Hindi
Bengali

Core Competencies - Soft Skills


  • Change management
  • Key people leader


Trainings Attended

  • PE/VC Fund Raising, Negotiation, Documentation, M&A Deal Structuring
  • Stressed Asset Management - ASSOCHAM
  • Valuation Under IBC - IBBI
  • Data Science & Analytics - Actuarial Society of India
  • Strategy & Total Cost Management - Confederation of Indian Industry
  • Enterprise Risk Management - Actuarial Society of India
  • Risk Management and Corporate Ethics (Institute of Directors)
  • Risk Based Internal Audit & Control (Institute of Internal Auditor)
  • Internal Financial Control Implementation (Protiviti & ISACA)

Previous Locations

  • Hyderabad
  • Delhi NCR
  • Chennai, Tamil Nadu
  • Goa
  • Vadodara, Gujarat
  • Indore, Madhya Pradesh
  • Kolkata, West Bengal

Previous Experience

  • Senior Manager, HOVS Ltd., Chennai, 02/01/08, 08/31/09
  • Finance Controller, Bay Forge Limited, Chennai, 11/01/05, 02/29/08
  • Finance Manager, Meta Strips Ltd., Goa, 06/01/04, 11/30/05
  • Various Roles, Engel India, Carter Pooler, Anirox Pigments, Elimentis Coke (Engineering & Chemical Sector), 06/01/97, 05/31/04
  • Accounts Supervisor, Ranbaxy Laboratories Ltd., Indore, 02/01/96, 05/31/97
  • Accounts Officer, East India Pharmaceutical Works Ltd., Kolkata, 04/01/91, 01/31/96

Timeline

CXO Advisory, Strategic CFO and Corporate Training

Multiple Organisations
04.2016 - Current

Head - Business Finance, Internal Control & ERM

Weir Minerals India Limited
08.2009 - 03.2016

B.Sc. - Chemistry

Calcutta University

Cost & Management Accountancy -

Institute of Cost Accountants of India
Siddhartha Pal