Sidharth Venugopal

Business Finance Partner (Jul 22 – Present)

• Lead a team of three finance professionals committed to over-deliver revenue, profitability and collection target for BFSI clients with annual revenue of $160+ Mn
• Negotiated commercial proposals including financial structuring of large deals
• Identified and implemented margin improvement opportunities of +5%
• Improved collection targets from 90 days to 75 days & achieved lowest ever Company DSO

Accolades

• Award from Business Delivery Head for enabling client revenue growth profitably

Treasury Manager (Feb 17 – Present)

• Lead a team of seven finance professionals managing Foreign Exchange Risk Management, Liquidity, Investment Management and FEMA Regulatory compliances including ODI/Exports.
• Improved investment portfolio yield by +0.5% on a portfolio of $500Mn
• Executed Foreign exchange risk management strategy and improved EBITDA by +1%
• Successfully implemented advanced data analytical tools & automation initiatives including treasury management system, Ind AS 116 and 115
• Consistently achieved 100% net income - cash conversion influencing Company Cash Flow & DSO Metrics
• Drove performance metric development for AP / AR process

Accolades

• Won Quarterly Manager Award for resolving long standing FEMA ODI compliance
• Twice Won Quarterly Cross Functional Team Award for successful coordination of Equity Share Buy Back

Managed a team of five finance professionals heading Foreign Exchange Risk Management, Fund Raise, Liquidity, Investment Management and Foreign Exchange Management regulatory compliances.

• Responsible for Foreign exchange risk with a book size of $75 Mn and Investment management with a book size of $150 Mn
• Saved annual premium cost by 50% and ensured better realization rates
• Outperformed portfolio returns against benchmarks by +0.5%
• Spearheaded to negotiate and raise debt funds from Banks & Financial Institutions
• Liaised with multiple banks for working capital and long term fund raise of $100+ Mn
• Led transition of Hedge Accounting from Indian Generally Accepted Accounting Practices to Ind AS, fostering innovation
• Streamlined treasury processes including implementation of SAP Treasury module

• Monitored a Hedge book size of USD 1.1 Billion with active high volume trading and FOREX market
• Oversaw Investment book size of USD 4+ Billion
• Handled cross country cash flows and managed cash balances with minimum float
• Liaised with banks for account management, bank guarantees and pricing negotiation
• Ensured Foreign Exchange Management Derivatives regulatory compliances
• Launched Banking Communication Management System and Automatic Bank Reconciliation System

Awards

• Successfully managed Foreign Exchange Volatility during 2008 and received "Best Finance Team"

• Led team & conducted Internal Audit , Statutory Audit and Tax Audit for listed entities specializing in manufacturing , energy and software industry
• Have represented firm in Audit committee