T R Sivaraman
Chartered Accountant
Srirangam,A 7 AM Road
Summary
Dedicated Chief Financial Officer familiar with financial decision making and company-wide policy development. Talent for overcoming operational issues and driving proactive improvements. Offering 40 years' experience in financial leadership. Industrious Chief Financial Officer versed in compliance, documentation, reporting, and auditing. Demonstrated success in streamlining operations and increasing efficiency. Prepared to leverage 40 years of experience to support operations in new role at any company Seasoned Chief Financial Officer focused on helping companies accomplish missions and drive growth. Expansion-minded professional versed in navigating complex financial challenges. Accomplished Chief Financial Officer highly effective at driving strategic initiatives with solid financial backing. Eager to leverage 40 years of experience in dynamic new role at any Company. Market-driven Chief Financial Officer adept at coordinating executive financial activity and capitalizing on market opportunities. Decisive leader and forward-thinking manager with excellent attention to detail and a hardworking mentality. Ready to apply 40 years of progressive experience to new position with long-term potential. Talented Chief Financial Officer enthusiastic about developing policies, procedures, and both short- and long-range objectives for all types of Companies companies. Proficient Chief Financial Officer knowledgeable about financial leadership and operational needs. Resourceful and tech-savvy decision-maker with a deep understanding of market conditions. Results-oriented Chief Financial Officer bringing 40 years of experience in manufacturing Industry. Strong history of achieving both financial and non-financial business goals with effective controls and planning. Pragmatic professional with solid experience in leadership roles. Adept at implementing strategic business plans, driving growth and improving operations. Skilled in financial management and stakeholder relations. Collaborative and dedicated to building and leading talented and motivated individuals. Persistent leader eager to lead and grow organizations. Skilled in strategic planning, problem-solving, and communication with good understanding of business principles, project management and team leadership. Collaborative with relentless work ethic. Top-notch Finance Director with proven track record of success leading and growing organizations. Strong background in strategic planning, financial management and team development. Skilled in identifying opportunities and implementing practical business strategies with commitment to staying informed about latest trends, technologies and best practices. Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals. To seek and maintain full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills. Detail-oriented team player with strong organizational skills. Ability to handle multiple projects simultaneously with a high degree of accuracy.
Overview
40
40
years of professional experience
Work History
CFO
Naga Limited
Dindigul
02.2018 - Current
- Led budgeting process, collaborating with department heads to allocate resources strategically and ensure alignment with organizational goals.
- Enhanced cash flow management through the development of robust forecasting models, ensuring optimal liquidity for business operations.
- Oversaw budgets, payroll, and accounts payable and receivable.
- Ensured compliance with all regulatory requirements by staying current on industry developments and implementing necessary controls within the organization.
- Managed relationships with external auditors, ensuring a smooth and efficient annual audit process with minimal findings or issues identified.
- Mentored finance team members, fostering a culture of professional growth and skill development within the department.
- Managed risk effectively through the establishment of a comprehensive risk management framework, safeguarding company assets against potential threats.
- Optimized working capital levels by closely monitoring accounts receivable/payable balances and taking appropriate actions as needed.
- Reduced operational costs by identifying areas for improvement and implementing cost-saving measures across various departments.
- Directed budget development, creation of budgetary controls and recordkeeping systems and investment management.
- Spearheaded the implementation of a new financial reporting system, resulting in more accurate and timely data for decision-making purposes.
- Oversaw the preparation and submission of all tax filings, mitigating potential risks associated with noncompliance.
- Negotiated favorable terms with vendors and suppliers, achieving significant savings on procurement expenses.
- Prepared accurate financial statements at end of quarter to summarize financial health and business performance.
- Analyzed operational issues and implemented corrective action to maximize profits.
- Facilitated successful mergers and acquisitions by conducting thorough due diligence analyses and providing strategic guidance throughout the process.
- Collaborated cross-functionally with other departments to drive process improvements that positively impacted bottom-line results.
- Conducted detailed analysis of company financial information and oversaw preparation of related reports.
- Evaluated investment opportunities diligently, contributing to informed decisions regarding potential projects and their expected returns.
- Refined internal control procedures, strengthening the overall integrity of financial data captured within the system.
- Streamlined financial processes by implementing automation and reducing manual tasks, leading to increased efficiency and accuracy.
- Presented financial results to board members and investors during quarterly meetings, maintaining transparency in communication regarding company performance.
- Managed and led direct reports to handle controllership, treasury and corporate finance functions.
- Directed budget development, budgetary controls and recordkeeping to make informed financial decisions.
- Implemented cost reduction initiatives and process improvements to optimize efficiency and productivity.
- Improved cash flow, retired debt and built cash reserves to control costs and enhance benefits.
- Conducted detailed analysis of company financial information to drive internal and external financial reporting, stewardship of company assets and ownership of cash management.
- Developed and oversaw yearly budgets and capital structure of company to determine best mix of debt, equity, and internal financing.
- Tracked cash flow and financial planning to analyze company's financial strengths and weaknesses and propose strategic directions.
- Advised other executive leaders on strategies and intelligence to form relationships, understand current performance and set agenda for execution.
- Worked closely with audit team to hedge against or mitigate operational risks.
- Prepared year-end fixed asset schedule to create positive impact on shareholders, creditors and investors.
- Oversaw accounts payable and receivable to track income and expenditures, drive statutory compliance and provide quantitative financial information.
- Analyzed inventory strategy, reduced expenses and renegotiated contracts with vendors to increase profit margin.
- Authored, evaluated and reviewed reports to highlight company financials to key stakeholders.
- Managed financial, operational and human resources to optimize business performance.
- Collaborated with legal, accounting and other professional teams to review and maintain compliance with regulations.
- Maintained P&L and shouldered corporate fiscal responsibility.
- Devised and presented business plans and forecasts to board of directors.
- Represented organization at industry conferences and events.
- Created succession plans to provide continuity of operations during leadership transitions.
Assistant Accounts Officer
Public Limited Company
06.1984 - 06.2015
- Joined the Company as Assistant Accounts Officer
- Got many promotions and finally became Director (Finance) in 2014.
- Improved financial reporting accuracy through meticulous data verification and analysis
- Supported month-end closing procedures, contributing to timely and accurate financial statements
- Managed accounts payable and receivable functions, ensuring prompt settlement of all obligations and collection of payments due
Accounts and Finance
Public Limited Company
01.1986 - 01.2015
- Independently handled the department from 1986 to 2015
- Despite having 10 persons under the department, all Bank work was handled personally without any assistance
- All Bank statements including CMA Data was prepared and submitted to Bankers
- Handled the consortium Bankers consisting of Uco Bank, Indian Bank, and Canara Bank to their full satisfaction
- Had a wonderful relationship with all the three Bankers including the CMD and EDs of all the three Banks
- The entire appraisal note of all the three Bankers were prepared by me and that formed the basis of the Consortium meetings
- Conversant with all excise and sales tax matters
- Normally the Sales Tax assessments are independently handled
- When the company went for a diversification Term Loan from Banks was arranged in record time of three months Rs 12 Cr
- Handled the Rights issue Of Equity shares along with Ind Bank Merchant division
- In the initial period, money was obtained through private placement of Debentures from UTI
- Also, special assistance was obtained from IDBI in the initial years
- Many confidential matters entrusted by Chairman were satisfactorily completed
- Consolidated the Promotors Share holding and thwarted many attempts by unwanted third parties to buy the shares.
Export Marketing
01.1986 - 01.2015
- Handled the export marketing department from 1986 till 2015
- Obtained orders from Malaysia, Gyrgistan, Indonesia, Algeria, Syria, Srilanka, and Germany
- Visited many countries like Malaysia, Indonesia, Srilanka, Russia, Singapore, Algeria, Syria, and Dastan
- Had a wonderful relationship with all foreign customers
- Engaged Agents in all the countries and obtained orders successfully
- Despite being Defence orders, the customers believed and had a frank and open discussion appreciating the efforts and the ability
- Hence orders were placed despite acute competition on our company.
Audit Assistant
V Sankar Aiyar & Co
6 1983 - 6 1984
- Audited many Private and Public Limited Companies including Banaras House Ltd
- Also audited various Societies.
In Charge of HR, Accounts, and Finance
Public Limited Company
- Management understood my ability and capability and made me in charge of HR function also in addition to Accounts and Finance
- After a few years, again sensing my ability and aptitude, Management entrusted the responsibility of heading Marketing Department also
- When there was a need to explore the opportunity of Exports, the choice again was me and I was made as Export Marketing Head in addition to all the above functions.
HR Function
Public Limited Company
- Handled the area for nearly 25 years without any labour unrest
- Had a very excellent and cordial relationship with the entire employees
- Concluded 7 wage Negotiations to the fullest satisfaction of both Management and Employees
- Grievances are sorted out on time and hence the working atmosphere was peaceful.
Indigenous Marketing
- Managed the marketing set up at Delhi for the past 15 years
- Attended negotiation meetings with Air force and Navy and concluded many orders
- A skillful negotiator and obtained the best price for the products despite stringent conditions of Defence Procurement Manual
- Maintained excellent rapport with all top Defence Officials both Technical and commercials
- Presented the details of cost and other parameters to the fullest satisfaction of customers
- Also attended many meetings with DRDO, Hyderabad and NSTL, Vizag.
Secretarial Functions
- I can handle all Secretarial Functions as per Companies Act 2013, SEBI and Stock exchanges
- I am handling these functions for the past 35 years.
Legal
- Fully knowledgeable to take care of all Legal agreements and can vet any document to the satisfaction of any Court.
Director (Finance)
Public Limited Company
01.2014
- Became Director (Finance) in 2014.
- Achieved financial growth by developing and implementing strategic financial plans and initiatives
- Conducted thorough risk assessments to identify potential vulnerabilities in the organization''s financial systems
- Developed comprehensive performance metrics to guide decision-making and improve operational effectiveness
- Streamlined financial processes for improved efficiency and accuracy in reporting
- Evaluated new investment opportunities as part of broader corporate growth strategy deliberations by conducting thorough due diligence processes
- Managed a high-performing finance team, fostering professional development and collaboration
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations
- Managed day-to-day operations within 50-person finance department for manufacturing organization
- Set clear departmental objectives and developed effective strategies to achieve targeted goals
- Supported operations management, sales, and marketing efforts to increase revenue and overall financial health
- Completed filings and upheld strict compliance with regulatory agencies and supervisors
- Established and enforced controls on revenue and expenses to protect company assets
- Analyzed financial statements against forecasts to prepare high-level variance analysis
- Reduced process discrepancies through measured implementation of performance reporting and data systems
- Analyzed financial data regarding product performance and customer performance and developed reports for key stakeholders
- Improved resource utilization with data management systems, reducing costs through strategic coordination and contract analysis
- Developed strategic plans for day-to-day financial operations
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports
- Complied with established internal controls and policies
- Designed and maintained financial models to identify and measure risks
- Established and checked coding procedures, monitored reports and updated internal files
- Evaluated and negotiated contracts to procure favorable financial terms
- Created financial dashboards to provide insights into key performance indicators
- Conducted financial due diligence on potential investments and acquisitions
Education
Associate of Arts - Accounts
Boiler Plant High School
Kailasapuram, TrichySkills
Accounts receivable management
Payroll Administration
Cash Flow Management
ERP systems proficiency
Tax Compliance
Internal Controls
Cost accounting
Budgeting expertise
Investment Management
Financial Forecasting
Debt management
Teamwork and Collaboration
Problem-Solving
Time Management
Problem-solving abilities
Willing to Learn
Multitasking
Work Planning
Financial analysis and reporting
Multitasking Abilities
Cash handling expertise
Excellent Communication
Relationship building and management
Decision-Making
Client Relationship Management
Self Motivation
Time management abilities
Adaptability and Flexibility
Financial Reporting
Critical Thinking
Effective Communication
Team Collaboration
Active Listening
Customer relationship development
Organizational Skills
Loan Processing
Staff Management
Team building
Attention to Detail
Problem-solving aptitude
Adaptability
Analytical Thinking
Relationship Building
Accounting management
Recruitment and hiring
Data Analysis
Interpersonal Skills
Team Building Leadership
Professionalism
Fraud prevention
Business development expertise
Budget Planning
Reliability
Human resources knowledge
Written Communication
Continuous Improvement
Interpersonal Communication
Financial Management
Goal Setting
Proactive and Focused
Human Resources
Capital Raising
Reporting familiarity
Working capital management
Audit Coordination Abilities
Strategic financial planning
Financial Policy Formulation
Tax Planning and Strategy
Adaptability to Change
Mergers and Acquisitions Experience
Regulatory Compliance Knowledge
Corporate Governance Understanding
Business Forecasting
Operational management
Strategic Planning
Financial Administration
Regulatory Compliance
Corporate Governance
Accounting Principles
Others
A very amiable natured person. Able to adjust depending on the situation. Works for the organization with whole heart and contributes the best.
Present
CFO, Public Limited Company, Dindigul, Joined A public Limited Company at their invitation at Dindigul as CFO. The Company is manufacturing Food products and having nearly 9 Divisions including Minerals and Detergents. The turnover for the last Year is Rs 2100 Cr. I am doing the supervisory job like consolidating Monthly and yearly P&L and BS. I am also in charge of Legal Division. I am heading the Corporate Finance and Accounts Function and nearly 100 persons reporting to me. A very interesting job. But I restrict myself to over Supervision and routines are handled by Divisional Accountants. There is a VP under me who looks after routines.
Areas Of Experience
- Accounts and Finance, Independently handled the department from 1986 to 2015. Handled all Bank work personally. Prepared and submitted all Bank statements including CMA Data. Handled consortium Bankers consisting of Uco Bank, Indian Bank, and Canara Bank. Conversant with all excise and sales tax matters. Arranged Term Loan from Banks in record time. Handled Rights issue of Equity shares. Consolidated the Promotors Share holding.
- HR Function, Handled the area for nearly 25 years without any labour unrest. Had a very excellent and cordial relationship with the entire employees. Concluded 7 wage Negotiations. Sorted out grievances on time.
- Indigenous Marketing, Managed the marketing set up at Delhi for the past 15 years. Attended negotiation meetings with Air force and Navy. Obtained orders despite stringent conditions of Defence Procurement Manual. Maintained excellent rapport with all top Defence Officials.
- Export Marketing, Handled the export marketing department from 1986 till 2015. Obtained orders from Malaysia, Gyrgistan, Indonesia, Algeria, Syria, Srilanka, and Germany. Had a wonderful relationship with all foreign customers. Engaged Agents in all the countries and obtained orders successfully.
- Secretarial Functions, Can handle all Secretarial Functions as per Companies Act 2013, SEBI and Stock exchanges. Handling these functions for the past 35 years.
- Legal, Fully knowledgeable to take care of all Legal agreements and can vet any document to the satisfaction of any Court.
Personal Information
Date of Birth: 09/04/59
Accomplishments
- Supervised team of 300 staff members.
- Collaborated with team of 150 in the development of Budget.
- Resolved product issue through consumer testing.
- Used Microsoft Excel to develop inventory tracking spreadsheets.
- Achieved negotiation of Wage revision through effectively helping with team efforts
Languages
English
Advanced (C1)
Tamil
Bilingual or Proficient (C2)
Interests
Reading Books both professional and religious
Mixing with People to know issues and help to sort out
Timeline
CFO
Naga Limited
02.2018 - Current
Director (Finance)
Public Limited Company
01.2014
Accounts and Finance
Public Limited Company
01.1986 - 01.2015
Export Marketing
01.1986 - 01.2015
Assistant Accounts Officer
Public Limited Company
06.1984 - 06.2015
Audit Assistant
V Sankar Aiyar & Co
6 1983 - 6 1984
In Charge of HR, Accounts, and Finance
Public Limited Company
HR Function
Public Limited Company
Indigenous Marketing
Secretarial Functions
Legal
Associate of Arts - Accounts
Boiler Plant High School