Sumesh Arora

• 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.
• Leading IPO preparation, Fund raised - 35 MUSD from banks. Negotiating with P.E for future investment
• Ensured compliance with all regulatory requirements by staying current on industry developments and implementing necessary controls.
• Mentored finance team members, fostering culture of professional growth and skill development.
• Managed risk effectively through establishment of comprehensive risk management framework, safeguarding company assets against potential threats.
• Spearheaded implementation of new financial reporting system (in recently implemented ERP-SAP), resulting in more accurate and timely data for decision-making purposes.
• Advising Promoters on lateral and vertical integrations, New business and mergers,

· Develop and implement effective strategies and action plans

to achieve client objectives

· Conduct comprehensive research and analysis to identify

opportunities and recommend solutions

· Provide strategic advice and guidance to clients on various

business issues and challenges

• Delivered high-quality advisory services to clients across various industries, enhancing their competitive advantage.
• Improved client satisfaction by providing strategic guidance and expert advice on business operations.

• Successfully completed Bare Rental project (first of its kind in India)- helped long term cashflow issues.
• Raised funds through NCD and ECB mode, Negotiated with banks for long term funding
• Handled FEMA (long-term noncompliance) matters with RBI (no penalty)
• Responsible for controlling and partnering with CEO for India Business, Designed New Business Model for faster growth.
• Responsible for ERP role out for India Unit.
• Developed Long term Business Plan.
• Headed The Unit (as interim CEO) in absence of The CEO form July -November 2019
• Assisted in mergers and acquisitions activities, conducting due diligence processes to ensure sound investments for organization's long-term success.
• Evaluated investment opportunities thoroughly using comprehensive financial modeling techniques that informed critical funding decisions for new projects or ventures.
• Fostered strong relationships with banking partners and other external stakeholders, securing favorable financing terms that supported company objectives for growth and expansion.
• Spearheaded process improvements in financial planning and analysis, increasing responsiveness to changing market conditions.

• Project management for investment in various countries. Leading organization on various strategic projects, to invest in Algeria, Turkey, China, and another international unit.
• Managing Export compliance and Indirect taxation (scrips, incentives and drawback)
• Preparing for IPO (Credit ratings and projections)
• Successfully Managed Statutory reporting (IND AS), internal MIS and GST implementation for organization.
• Implementing IFRS reporting structure for ITL's international units
• Handling International trade matter with RBI and other authorities.
• Developing future leaders for better growth

• Developed Business Plans for new facility (investment) in India to grow business 3X.
• Spearhead Project Negotiation with AP Govt. for incentives on investment.
• Given additional charge of Oman Unit
• Introduced LEAN Management for improving process efficiency and creating customer value.
• Project Sponsor to lead ERP implementation (SAP& Tableau), Partner with Central team for Global Rollout.
• Developed Customer support department and Portal.
• Roll out IFRS and GST implementation for organization also prepared organization for PCAOB (SOX Compliance) Audit.
• Developed team of future leaders to help steer company to new height.

• Consolidated India Business (Merger and Acquisition), -Organization grew from 45 Cr to 760+ Cr.
• Successfully plugged revenue losses by remodeling some of the SBU's for better Growth
• Effective working capital, thru improved AR policy. -Implemented Channel financing, Insurance, and Incentive Scheme for better sales reach
• Designed Blueprint for cost effective and seamless ERP(SAP) rollout.
• Efficiently Managed cost reduction procedure, implementing effective tax management including Transfer pricing study.
• Spearheading various legal matters including joint venture agreements, and monitoring statutory compliance .

• Part of restructuring exercise- the organization grew from 125 Cr to 1000 Cr - elevated to Sr. Manager from Manager.
• Managed successful transition to JSOX implementation& IFRS implementation.
• Created Hand book for various accounting processes
• Supported in preparing policy for Transfer pricing.
• Managed the Legal and Accounting part in Capex of new plant

• Strengthened internal controls through regular audits and adherence to regulatory requirements.
• Trained new and existing staff members in various financial procedures to prepare for job requirements.
• Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
• Negotiated favorable terms with vendors, resulting in significant cost savings for the company.

• Developed Business Plans and helped develop project to convert their Healthcare NGO unit into a corporate entity.
• Reduced operational costs by identifying areas for improvement in budget management and resource allocation.

• Joined as Officer Accounts, managed finalization of corporate annual accounts. Promoted as Assistant Manager