SUHAS CHHANGANI
MUMBAI
Summary
Senior Finance leader experienced in Financial Analysis, Forecasting and Budgeting, Cash Flow Modelling, Costing and Profitability management and Fund Raising. Over the last 14+ years, successfully raised funds to the tune of $ 600 mn and maintained Investor Relations, did MIS management, assisted in Due Diligence, managed debt & equity funds and mitigated risk & variances. I have been involved in creating investor and management decks, creating pitch books, handling administrative tasks and worked extensively in Real Estate, Retail and Insurance sector. Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.
Overview
17
17
years of professional experience
Work History
AVP FINANCE & STRATEGY
AON INSURANCE BROKERS
12.2021 - Current
- Leading FP&A and Revenue reporting as per US GAAP, partnering with Business and APAC team to align budget plans
- Accurate forecasting, developing rolling estimates, tracking renewals, cash flows and finding variance against budgets
- Leading team of 8 analysts for Policy management, Operations, Revenue Reconciliation and Analytics
- Financial Modelling, heading interaction with business heads regarding revenue targets, forecasts & receivables realization
- Actively participate in both internal and external audit, FTE Planning and SIP productivity analysis o Leading migration from SAIBA to AON Evolution system, liaise with IT leadership to drive system enhancements
- Facilitate steer-co meetings, obtaining project sign off, closing business requirements, conducting UAT and project closure
AVP CORPORATE FINANCE
EKTA WORLD DEVELOPERS
02.2021 - 11.2021
- Prepared robust RE Financial, , CMA, IM in consonance with project lenders, RE policies with minimum deviation
- Continuously monitored infra projects, red flag problems, anticipate banker’s requirements and provide solutions
- Developed Financial tools such as break-even projections, DCF, Fund accounting, Sensitivity analysis to evaluation decisions
- Debt reduction financial plan by optimizing sales and collection, cost control and maintain Cash Flow cover
- Created integrated expense budget, ensure timely drawdown and compliance of all pre and post disbursement conditions
- Raised new funds, monitored debt portfolio of $ 150 mn from various Banks/NBFC and managed timely repayment
AGM CORPORATE FINANCE
NIRMAL LIFESTYLE
10.2019 - 01.2021
- Lead deal team responsible for RE Financial Modeling, Due Diligence, Loan Documentation and Closing Funding
- Prepared business plans for investment analysis by applying financial tools like IRR, ROCE, NPV
- Assisted CFO with development of Cash Flow, Budgets, Fund accounting and Financial Forecasts
- Developed and presented information package to PE firms like detailed investment model, revenue projections to secure funding
- Raised $ 50 mn for the Residential Township project from AIF Fund to complete stalled project
FINANCIAL CONTROLLER
VISION EXPRESS INC
11.2017 - 10.2019
- Prepared P&L, CF statements for all retail stores for major brand groups LUXOTTICA (RAYBAN) and MARCOLIN
- Managed all accounting operations like AR, AP, Inventory Control, Posting Sales, Reporting as per US GAAP
- Ensured smooth payment and delivery to suppliers from Japan, Israel and Hong Kong
- Conducted audits with BIR Philippines, evaluated the internal control systems and payroll processing
- Did Budgeting, forecasting P&L and cost controlling for all operating expenditures
- Ensured construction bond refund from SM, Robinson, Ayala, Rustan mall store contractors
- Generated monthly reports for distribution to management (net sales by brand/Region)
SENIOR MANAGER CORPORATE FINANCE
NAMAN GROUP
12.2015 - 11.2017
- Worked on all aspects of project finance like preparation of the PIM, Financial Modelling, Investor Presentations
- Coordinated with bankers/FI’s for Due Diligence, Term Sheet preparation, did group Debt Financial Model and Cash Flow Analysis
- Ensured regulatory and legal, pre and post fund disbursement compliances
- Raised and refinanced funds up to $ 170 mn debt on different group projects to
MANAGER CORPORATE FINANCE
NIRMAL LIFESTYLE
06.2014 - 12.2015
- Prepared investor presentations/IM/ and pitched project finance deals to Bank/NBFC /FI’s
- Managed Accounts Receivables, Payables and maintained MIS for registration of new customers
- Worked with CFO to create 5-year financial projections for use in lender presentation
- Co-ordinated with consultants (architect, legal, valuers) to fulfill the pre and post disbursement compliance
- Raised funds on different projects to the tune of $ 140 mn from NBFC/PE’s
ANALYST INVESTMENT BANKING
ANAND RATHI ADVISORS
05.2010 - 12.2013
- Developed deep and extensive relationships with corporate clients and PE Funds/Banks/NBFC’s
- Analyzed company financials, identified key operating metrics, determined risks and exit opportunities
- Advised a microfinance and specialty chemical company to raise funds up to $ 60 mn
- Supported clients to raise funds to the tune of $ 25 mn and prepared DCF valuations
ASST. MANAGER INVESTMENT BANKING
KJMC GLOBAL MARKET (INDIA) LIMITED
01.2007 - 09.2008
- Maintained MIS and helped senior merchant bankers to draft mandated IPO prospectus
- Performed financial valuation (DCF, NPV, IRR) & peer group analysis for the company going public
- Prepared Company profiles, did Valuation & Du-Pont Analysis to be included in pitch books
- Conducted meetings with senior Company professionals in relation to fund raising
Education
CMA (Certified Management Accountant) -
INSTITUTE OF MANAGEMENT ACCOUNTANTS
USA12.2024
Master of Science - CORPORATE FINANCE
ICMA CENTRE, HENLEY BUSINESS SCHOOL, UNIVERSITY OF READING
UNITED KINGDOM07.2009
Bachelor of Engineering - COMPUTER SCIENCE
LOK MANYA TILAK COLLEGE OF ENGINEERING
MUMBAI08.2004
Skills
- Financial Modeling, Investment Management, Treasury, NPV, IRR
- Project Finance, Fund Raising, Debt & Equity Capital
- Restructuring, Cost Control, Profitability, Compliance
- FP&A, P&L, Cash flow management
- Valuation, Forecasting, Budgeting
- Project Migration, UAT, Testing
- Operations management, Multi tasking
- People Management, Coaching
Timeline
AVP FINANCE & STRATEGY
AON INSURANCE BROKERS
12.2021 - Current
AVP CORPORATE FINANCE
EKTA WORLD DEVELOPERS
02.2021 - 11.2021
AGM CORPORATE FINANCE
NIRMAL LIFESTYLE
10.2019 - 01.2021
FINANCIAL CONTROLLER
VISION EXPRESS INC
11.2017 - 10.2019
SENIOR MANAGER CORPORATE FINANCE
NAMAN GROUP
12.2015 - 11.2017
MANAGER CORPORATE FINANCE
NIRMAL LIFESTYLE
06.2014 - 12.2015
ANALYST INVESTMENT BANKING
ANAND RATHI ADVISORS
05.2010 - 12.2013
ASST. MANAGER INVESTMENT BANKING
KJMC GLOBAL MARKET (INDIA) LIMITED
01.2007 - 09.2008
CMA (Certified Management Accountant) -
INSTITUTE OF MANAGEMENT ACCOUNTANTS
Master of Science - CORPORATE FINANCE
ICMA CENTRE, HENLEY BUSINESS SCHOOL, UNIVERSITY OF READING
Bachelor of Engineering - COMPUTER SCIENCE
LOK MANYA TILAK COLLEGE OF ENGINEERING
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