Mandar Shirodkar, MBA

Experience

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  Infosys

  Sept 2008 - Jul 2010

  Software Engineer

  • Worked as a Software Developer in Java and Web Technology and developed various web portals for different clients• Interacted with the clients across the globe on a regular basis for understanding their business requirements and implementing them in technical solutions• Worked on a Reverse Engineering Project that involved understanding client requirement from exiting code and optimizing it in a new platform• Was nominated for the Most Promising Fresher award for my performance

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  HDFC Property Ventures Limited

  Jan 2012 - Jul 2012

  Summer Intern

  Project 1: Valuation of Investments in Real Estate Projects• Valuation of the future cash flows of three real estate projects was done using DCF method and then calculated the NPV and IRR to understand the feasibility of the Investments• Sensitivity analysis was carried out on the investments on the basis of sales price, cost of construction and time period of constructionProject 2: Study of the process Involved in Investing in an Real Estate Project• Studied the Due Diligence report, Legal contract of an Investment in a realty project, Micro market analysis and the Valuation of the project to understand the basis on which investments are done Visa mindre

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  Glenmark Pharmaceuticals

  Jun 2013 - Jan 2015

  Assistant Manager - Business Finance Partner

  • Worked with the CFO as his EA to get a thorough understanding of the Corporate Finance Functions. • Assisted The CFO in Analysis of the Financials of the company and comparing with the peers and industry standards to improve company’s performance. • Carried out the profitability analysis to expand one of the plants to meet the increasing demand.• Worked with the Business Finance Team for US & API business. My roles was as follows:o Having a thorough understanding of the Pharmaceuticals Business in US generic market & API market.o Management Reporting – Preparation of monthly MIS.o Maintain the P&L for the products and business as whole.o Working capital management.o Budgeting and Forecasting on yearly basis and also carrying out the Rolling forecast periodicallyo Presenting various cuts and slices of data and forecast as requested by the MD and the CFO. Visa mindre

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  Airtel

  Jan 2015 - Jan 2018

  • Leading the Analytics agenda for INR 6,000 Cr revenue across various business segments• Partnering with the business to ensure execution and implementation of strategy & providing ongoing insights on critical business parameters (Cost & Revenue) to the senior management• Customer level analytics executed w.r.t various parameters to have a check on health of customers & drive revenue• Preparation of a monthly revenue forecast with weekly revisions, highlighting trends to management to ensure corrective action if required, revenue leg wise analysis, cost analysis• Driving Low Revenue Low Utilization(LRLU) sites to increase revenue through usage & market penetration• Creating a Budgeting process basis company strategy, current market and economic conditions Visa mindre

  • Business Planning Manager (Manager Business Controller)

    Jul 2016 - Jan 2018

  • Business Planning Analyst (Business Controller)

    Jan 2015 - Jul 2016
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  Cipla

  Jan 2018 - Jan 2020

  Senior Manager – FP&A

  Key Result Areas:Partnering Two Critical Verticals for Cipla Limited; o Cipla Specialty (A newly set up entity of Cipla Ltd. in USA that will foray into patented products through inorganic acquisitions) target sales of $1BN by 2025 o Core member of Global Respiratory Key Business of Cipla with a revenue of $400M CIPTEC (Cipla Technologies LLC): Part of the M&A teams to evaluate Inorganic acquisition/in licensing opportunities focused on specialty drugs Preparing business models using DCF methodology to evaluate M&A deals; drafting presentation decks for CEO to present to the Board of Directors Carrying out Due diligence of the opportunities Successfully closed NCE asset acquisition for $58M having a revenue potential $800M Successfully closed Asset acquisition for $22M having a revenue potential $400M Tracking of budgets/ cash flows of the entity and liable for correct closing of P&L and managing external auditorsGlobal Respiratory:Planning, controlling and partnering for Global Respiratory BusinessAnalyzing and preparing the cost benefit view for all new business initiatives and development projectsCreating a management reporting deck on monthly basis for business reviewEvaluating agreement & contracts by assisting in financial evaluation of profit sharing & revenue sharing models Visa mindre

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  Celsa Nordic

  Feb 2020 - Jan 2023

  Group S Senior Controller - Nordics
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  Sinch

  Jan 2023 - now

  Group Buisness Controller