SAP R/3, Yardi, Tally ERP
SUDIPTA TAPASWI
Certified Management Accountant (CMA)
Powai
Summary
A professional leader with extensive experience in driving operational excellence and strategic growth through robust Financial Strategies and Management. Proven track record of fostering team collaboration and achieving impactful results in dynamic environments. Skilled in navigating complex challenges, optimizing processes, and cultivating positive workplace cultures. Known for adaptability, effective communication, and strong decision-making abilities.
Overview
19
19
years of professional experience
Work History
General Manager Finance
Silver Star Capital Venture Pvt Ltd.
09.2021 - 03.2024
- Company Overview: Silver Star Capital Venture Pvt Ltd is a Indian wing of Silver Star Real Estate LLC (SSRE), CA, USA and Friendly Franchisee Corporation (FFC), USA which takes care of entire accounting function of SSRE and FFC
- Piloting the entire gamut of US Accounting, AR & AP Processes
- Delivering Monthly MIS - Profit & Loss Account, Variance Analysis, Segment Analysis, Cash Flow Projection
- Delivering financial & analytical support to US Management Team including Annual Operating Plan, Monthly Rolling Forecast
- Automation in AR & AP Processes with integration into Accounting ERP
- Unit wise analysis (for Real Estate business) to identify Revenue Leakage, areas of Cost Savings Opportunity and related Process Improvement
- Monitoring timely compliance of US Regulatory requirements for Real Estate Business
- Silver Star Capital Venture Pvt Ltd is a Indian wing of Silver Star Real Estate LLC (SSRE), CA, USA and Friendly Franchisee Corporation (FFC), USA which takes care of entire accounting function of SSRE and FFC
Chief Finance Officer
Sagar Life Sciences Pvt Ltd.
09.2021 - 03.2024
- Company Overview: The Group consists of 4 Closely Held companies which are into – Specialty Chemicals (3), Fashion Retail (1) & Electric Vehicle (1), having current Turn Over of INR 205 Cr
- Piloting the entire gamut of Financial & Accounts function including Financial Planning, Cash Flow Management, Budgeting, Forecasting, Finalization of Accounts, Taxation, MIS, and Variance analysis
- Consolidating the Group finance activity
- Raising funds through Banks (Rs.43 Cr) and PE & Others (Rs.40 Cr)
- Indirect Taxation – GST Input Credit Reconciliation with GSTR 2A / 2B, Monthly & Annual GST Return, GST Annual Audit and Assessment
- Direct Taxation – ensuring proper TDS deduction, payment, and Quarterly return filling
- TDS & TCS Compliance, Planning for Tax Optimization and Advance Tax Compliance
- Audit – Supervising Quarterly closure of books of accounts, half yearly limited review by auditor and Annual closure of books of accounts and Audit
- Maintained seamless co-ordination with the Statutory Auditor
- ROC Compliances
- The Group consists of 4 Closely Held companies which are into – Specialty Chemicals (3), Fashion Retail (1) & Electric Vehicle (1), having current Turn Over of INR 205 Cr
Senior Manager - Project Finance
LSKB Aluminium Foils Pvt. Ltd.
08.2019 - 07.2021
- Played pivotal role in arranging Overseas CAPEX funding of INR165 Cr (Euro 20 M) and Domestic CAPEX + WC Funding of INR 150 Cr ($13.50 M)
- End to end management of Foreign purchases (CAPEX & Metal) from Negotiation, PO Creation to Customs Clearance and logistics up to Factory
- Supervised and monitored entire Project Finance, beside designing and implementation of Commercial & Accounting Processes
- Project progress monitoring in liaison with COO submitting periodic Cost MIS to Board of Directors highlighting Project Completion, Cost Savings, Cost Escalation, area of deviation etc
- Indirect Taxation – GST Input Credit Reconciliation with GSTR 2A / 2B, Monthly & Annual GST Return, GST Annual Audit and Assessment
- Direct Taxation – ensuring proper TDS deduction, payment, Quarterly return filling
- Audit – Supervising Quarterly closure of books of accounts, half yearly limited review by auditor and Annual closure of books of accounts and Audit
- Getting quarterly Internal Audit done and implementation and monitoring of Audit recommendations
- Product costing, Value Chain Analysis and Price Flow Chart for Consumer Products
- Import Handling – End to end management of overseas CaPex and Opex purchase – Rate negotiation / Purchase Order / Logistics / Customs Clearance / ECGC & Assessment
General Manager Finance(CF Role)
KAPCO Banquets & Catering Pvt. Ltd.
07.2016 - 05.2019
- Company Overview: The Company (3 Divisions) is into Food & Beverages Business, having annual turnover of Rs.250 Cr ($30.48 M)
- Spearheaded Strategic Finance & Accounting operations
- Oversaw Process improvement and KPI’s management
- Created region-wise finance, pricing and analytics group by strategic recruitment and development of skilled & high performance resources
- Partnered with various business unit heads to provide analytical decision making support and recommending and implementing improvements to profitability and operational efficiency
- Structured Annual Operational Budget and implemented control measures to contain expenses within defined limits
- Lead a reengineering of accounting procedures, aligned to group reporting tool, building up historical financial information
- Maintained seamless coordination with the Lead Bankers and external advisors & consultants
- Indirect Taxation – GST Input Credit Reconciliation with GSTR 2A / 2B, Filling of monthly GST Return, GST Annual Audit and Assessment
- Direct Taxation – ensuring proper TDS deduction, payment, Quarterly return filling
- Planning for Tax Optimization and Advance Tax Compliance
- Audit – Supervising Quarterly closure of books of accounts, half yearly limited review by auditor and Annual closure of books of accounts and Audit
- Getting quarterly Internal Audit done and implementation and monitoring of Audit recommendations
- The Company (3 Divisions) is into Food & Beverages Business, having annual turnover of Rs.250 Cr ($30.48 M)
Manager Finance
Alumill Tech Gulf LLC, UAE
04.2015 - 06.2016
- Steered entire Management & Cost Accounting, Budgeting & Forecasting, Cash Flow Management, Treasury & Finance with Annual Turnover of INR 200 Crores ($ 25M)
- Responsible for daily Accounting, Budgeting, Fund Management, Working Capital Management, Audits, Taxation, Costing & Product Pricing, Statutory Liaison, Bank Reconciliation, Credit Management of the company
Chief Manager Finance & Commercial
Reliance Retail Limited
11.2010 - 04.2015
- Spearheaded entire Business Finance, Commercial, Accounting, Budgeting, Taxation, MIS, & IT Infrastructure for Reliance Digital Format Pan India Operations; business worth INR 1800 Cr
- With 1300 stores 65 Franchisee Pan India
- Financial Planning & Analysis – Estimating risks & opportunities, business forecasting, preparing budgets, variance analysis, P&L & Scenario Analysis
- Complete Management Accounting function, ensuring the completion of all Statutory Audits, Internal Audits, Taxation, preparation of Periodical MIS
- Management MIS Reporting – Sales & Profitability MIS reporting for Channels, Regions, SKU wise, CEO Report - comprising P&L Analytics, Trend Analysis, Variance Analysis & Cost and Productivity Improvement
- Led IT Automation Projects in Financial Reporting through SAP R/3 & CRM
- Member of Business Strategy Team for establishing and monitoring PAN India Service Network, feasibility study of prospective Franchisees, recommendation for appointments, post appointment monitoring and control
Assistant Manager Finance
IFB Industries Limited (Home Appliances Division)
05.2005 - 11.2010
- Managed the entire Branch Finance, Commercial, Accounting, Taxation & Statutory Compliance activities for INR 450 Cr business
- Strategic Decision Making : Finance and Working Capital Management; Forecasting, Review and adherence of Credit Policy / Credit Control, Value Chain Analysis & Dealer / Retailer discount Strategy
- Preparation and review of Periodic Budgets, Rolling Forecasts, Annual Business Plan, Variance Analysis, Budget Reviews
- Initiated Budgetary Control Procedures to ensure Actual performance is in line with Budget
- Preparing Monthly and Quarterly financial results, MIS Reports
- Evaluating internal control and risk assessment to find or prevent frauds, misuse or wastage, Fiscal Compliances
- Represented IFB in Legal Matters at High Court and Lower Courts in liaison with internal Legal Team and Advocates
- Member SAP Implementation team, being instrumental in setting systems and processes related to IT Automation
Education
CMA (ICWA) -
Institute of Cost Accountants of India
CA Final Group I - undefined
Institute of Chartered Accountants of India
Master of Commerce (M.Com) - undefined
University of Calcutta
Adv. Diploma in Management Accounting - undefined
Chartered Institute of Management Accountants, UK
Bachelor of Commerce - Accounting And Finance
University of Calcutta
Kolkata, India 04.2001 -
Skills
- Corporate Finance
- Accounting
- Taxation – Direct
- Taxation – Indirect
- GST
- VAT
- Sales Tax
- Customs
- Legal & Fiscal Compliance
- Financial Reporting
- MIS
- Strategic FP&A
- Financial FP&A
- Budgeting
- Forecasting
- Internal Control
- Risk Assessment
- SOP
- Cash Flow Management
- Project Finance
- Financial Integration
- Operational Integration
- ERP Implementation
- Product Costing
- Pricing Strategy
Accomplishments
- Successfully raised $4.88 M (INR 40 Cr) Capital through Private Placement.
- Achieved overall cost reduction of 7.5% by developing alternative supply options.
Software
Timeline
General Manager Finance
Silver Star Capital Venture Pvt Ltd.
09.2021 - 03.2024
Chief Finance Officer
Sagar Life Sciences Pvt Ltd.
09.2021 - 03.2024
Senior Manager - Project Finance
LSKB Aluminium Foils Pvt. Ltd.
08.2019 - 07.2021
General Manager Finance(CF Role)
KAPCO Banquets & Catering Pvt. Ltd.
07.2016 - 05.2019
Manager Finance
Alumill Tech Gulf LLC, UAE
04.2015 - 06.2016
Chief Manager Finance & Commercial
Reliance Retail Limited
11.2010 - 04.2015
Assistant Manager Finance
IFB Industries Limited (Home Appliances Division)
05.2005 - 11.2010
Bachelor of Commerce - Accounting And Finance
University of Calcutta
04.2001 -
CA Final Group I - undefined
Institute of Chartered Accountants of India
Master of Commerce (M.Com) - undefined
University of Calcutta
Adv. Diploma in Management Accounting - undefined
Chartered Institute of Management Accountants, UK
CMA (ICWA) -
Institute of Cost Accountants of India
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