Prachi Shah

Experience

• 

  TATA Power

  Jun 2011 - now

  Lead Associate

  Finance1. Monitoring & Managing the Financials of business segment- EV charging & Rooftop Solar. Reporting its variance from the plan nos.2. Preparing the Annual business plan and arranging the budget for various segments.3. Developing new process for the EV charging business.4. Facilitating Audit – both internal & external.5. Participated in the project and worked on EV business model for raising Rs. 4000 Cr. funds by investors- Blackrock & Mubadala in the renewable business valuated at Rs 34000 Cr.6. Liaising with lenders for their requirements like Due diligance report, CMA, Covenent tracking, etc.Treasury1. Liquidity Management: Daily Cash forecasting for working capital, monthly and quarterly Cashflow monitoring and analysis for the parent and subsidiary company.2. Investment: Daily Investment/ redemption in liquid Mutual funds/ fixed deposits based on the cash flow position and receivable projection.3. Inter-Corporate deposits based on the board approval and requirement by the subsidiary or parent company followed by its Statutory compliance and RPT framework.4. Ensuring optimal cash balance for all the subsidiaries – to maximise interest income.5. Liaising with the Bankers for the arranging the working capital limits for the company.6. Arranging the Due diligence report from auditors.7. Seeking the Board approval for necessary fund arrangements.8. Bank Guarantees issuance based on request from user dept.9. Bank Guarantee received are monitored for their amendment, closure or encashment.10. Accounting the various entries in the SAP and ensuring their closure by 1st of the month.11. Monitoring of short term loans and commercial papers and their interest calculations. Show less