Venkatakrishnan Narayanan

Experience

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  Tata Motors

  Jan 1984 - Jan 1989

  Executive

  Costing of vehicles, operating budgets, export vehicles pricing, govt incentives like IPRS, cash compensatory support, duty drawback Got best officer award among core professionals

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  Polychem ltd

  Jul 1989 - Nov 1993

  Deputy General Manager

  joined as management accountant quickly rose to level of deputy general manager introduced budget and budgetory control systemsrevamped internal control systems through robust managemt information systemproject finance stratrgic management installed internal auditaccounting corporate finance ipo new subsidiary in electronics seed finance jv etc

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  NACIC BAHRAIN

  Nov 1993 - Jun 1997

  Financial controller

  a project of petro giant SABIC capital raising through equity poolingloan syndicationnew enterprise subsidiesportfolio managent of equity till commercial productionset up systems

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  Reem Batteries & Power Appliances SAOC

  Aug 1997 - Aug 2005

  Financial Controller

  A flag ship co of H.E Zawawi group of cos.Along with CEO achieved in turning around loss making unit into a blue chip co of group.roles included financing inclg working capital export finance project expansionforex commodity forward hedging et

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  OMAN CEMENT CO SAOG

  Jul 2005 - Jul 2012

  Chief Financial Officer

  Oman cement company SAOG is in the Joint sector engaged in manufacture and sale of cement for decades with a turnover of more than US $ 150 million with a captive power plant of capacity 40MW and ..1. Expansion plans: Played a key role in conceiving, planning and executing project expansion plan in increasing capacity of plant from 2 million to 6 million  Successfully completed acquisition of a packaging company (Investment US $ 10 million) along with a European group listed in London Stock Exchange. to optimize input cost.2. Disinvestment of Govt., stakes in the company to public. (Issue size us$ 40 million)3. Formulate Investment & Risk Policy , Information technology policy and IT Plan., Corporate governance manual preparation etc.,.Successfully completed floating a joint stock company to engage in Prefab concrete blocks project and real estate. in Oman. as a joint venture 4. Successfully arranged syndicated project finance for power plant expansion (loan size us $ 7 million)Key responsibilities Management: Initiate , propose ,develop and maintain financial policies, procedures and and good corporate governance Ensure prudent management of the company’s cash flows including management of surplus funds in line with approved strategies Handled EPC contracts on company expansion plans , feasibility, tendering, evaluation, and arranging funds for major projects,   Liaise with company’s legal advisors, auditors, tax authorities  Portfolio management of its investments  Fund Management tracking and hedging foreign currency exposures, get updates on latest financial products. Formulation of risk strategies in line with corporate policies. Dealing with Banks and Financial Institutions , Managing external Investors Others Assess the insurance needs of the company in line with company’s business, projects  Manage relationship with Creditors & shareholders Implementation of IT enabled systems & process integration (SAP ERP) Show less

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  Senior finance professional

  Jul 2012 - now

  Senior finance and management professional

  Since Return from Sultanate of Oman ,Involved in association with finance, audit professionals in areas of Investment Services Equity Research, Financial Modelling Valuation studies of Assets, brands, IPR, Intangibles etc.,Review, analysis of business models, business plans of clients, business valuation including Enterprise valuation, Brands, Real Estate .Scrutinise, Evaluate business proposals, Tax impact, Subsidies, procedures etc.,,Due diligence for Private Equity funders overseas. domestic for performance, investment, monitoring Post Investments of clients.Corporate Audits Internal Audit, Market Risk, Quantitative Risk , Operations Risk audit , IT Systems Security Audit,IT assets performance and utilizationConcurrent Bank audit.Financial Services IInsolvency Resolution Process –Corporate Debt restructuring, Structured Debt RestructuringPerform credit assessment for banks on large loans, trade finance e,g L/c, guarantees, treasury compliance .(Have training on Statistical modelling Programs like SAS for loss forecasting, credit analytics, for credit card, auto loans, Independent assessement on implementation of compliance policies especially in Anti money laundering, Direct and Indirect taxes Tax Audit, International taxation In transfer pricing, DTA, TDS issuesGoods and Services Act Participate in Insolvency Proceedings in Drawing Resolution plan for RP and committe of creditors corporatr debtors. Show less