Rohit Patoria

Experience

• 

  Mehta & Mehta

  Jul 2000 - Sept 2001

  CS Trainee || Manger

  Leading firm of practising Company Secretaries in Mumbai

• 

  AFC India Ltd. (Formerly, Agricultural Finance Corporation)

  Mar 2002 - Sept 2004

  Company Secretary

  Consultancy Organization promoted by Banks and IBA

• 

  Intrex

  Oct 2004 - Apr 2005

  Manager Finance and Company Secretary

  Intrex India Limited is India's first cash-less trade exchange and ITZ cash card

• 

  Saint-Gobain

  May 2005 - Jul 2007

  Finance Manager & Company Secretary

  India Gypsum now Saint Gobain Gyproc India Ltd is part of Saint Gobain Group, world's largest manufacturer of ceilings, drywalls and gypsum plasters.Played imp role in Financial restructuring which includes amalgamation of a group company, availment of foriegn currency loan and Equity Investment Abroad.Smoothly administered the delisting process & final exist offer which interalia includes liason with Stock Exchange, SEBI, RBI and RTAShifted registered office of the Company from the state of Delhi to Maharashtra.Efficiently administered Insurance matters Show less

• 

  HBL GLOBAL PVT. LTD

  Aug 2007 - Feb 2013

  Head Finance & Company Secretary

  HBL - associate of HDFC Bank in sales & marketing of retail asset products has pan India presence with 27000+ employees on its payroll and has more than 100 offices spread across India Imp Roles played : 1] Finance Controller:o Planning, directing and controlling the Accounting, Taxation and Regulatory reportingo Maintaining and driving an efficient Management Information integration : Worked closely with Banks IT team to improve and upgrade the MIS, facilitating online cubes with trigger points highlighting aberrations. This facilitates accuracy and saving of lot of time for data collation thereby enabling more effective and timely MIS.o Balance Sheet Management including IFRS Convergence for first time adoption of IFRS by the Groupo ensured timely, accurate & reliable financial reporting and ensured that financial health of the company is maintained and there is a proper control on expenditure and borrowing.o Effectively managed & supervised the Tax matters and Tax Assessments. o Brought in Qualitative Changes in the Sphere of Work in the Company by process improvements.2] Company Secretary and Compliance Officer :o Ensuring compliance with laws and regulations.o Conducting and Participating in the Board Meetings o Drafting, negotiating and review of contractual documents for accuracy and compliance with laws or regulations, internal policies and business team objectives Show less

• 

  HDFC Bank

  Mar 2013 - now

  Currently, as a part of digital transformation leadership, my area of focus is to offer proper financial control (from business viability and financial sustainability angle) over multiple digital initiatives of HDFC Bank to ensure digitization upto final leg – for both customers & internal stakeholders. Broad KRA as strategic planner and finance controller for digital solutions & factory include:Discuss & understand banks biz & GTM strategy, competition analysis, market share analysis, cost benefit analysis, regulatory framework , SWOT analysis, discuss the sourcing channels mix & other critical strategic plans.Engage with Fintech partners on commercials - discuss to agree at final TCO, Saas pricing, Capex /Opex / resource cost, pricing & billing. Finalize - Right biz model | Commercial, MVP, contract & integrated project plan.Set up a Central Planning & Control Unit- maintain & control key revenue & cost metrics, design suitable MIS & exception reports to track performance. Evaluate biz impact & potential cost saving (like reduction in CoA, manpower), cost optimization, enhancement in customer exp, process simplification as a result of digitization for all important digital journeys). Show less Complete ownership of Payments Business P&L Efficiently managed the p&l of entire payments business with focus on enhancing biz profitability, monitor dynamic biz strategies vis-a-vis economic & regulatory changes in payments space & annual extensive budgeting exerciseClosely monitor the profitable acquiring and issuance strategies (like driving casa, float, cross sell and asset lending; digital acquisition , focus on onus strategy & engagement strategies)Effective Cost Control through: -A. Effective Cost Management - Optimizing the Rewards Points Cost, Cash Back and Product Feature Costs - lowering accrual for categories where the Interchange is low / capping RP accruals on high ticket payments / capping redemption per year/ changing accrual logicB. Effective Channel Management - Controlling and optimizing the CoA for various channel - Branch, OCC DSA. Pushing Digital SourcingC. Effective Interchange, MDR & Franchise Fee Management (VISA, MC, Diners & Rupay) – through effective negotiations, focus onus strategy, leveraging distribution network, proper tax management.Key interventions include Monitoring & Controlling - C2I, Opex, Capex, Delinquency, Top line, Book size, ENR, GII, NII, RoA, CoA | FY & Portfolio Management| Franchise Management | Effectively Applying 80:20 rule for cost management Show less {On Deputation by HDFC Bank}Spearheaded the merger process HBL Global with HDBFS, another group company of HDFC Bank.As Chief Financial Officer of the Company, ^ensured timely, accurate & reliable financial reporting, compliance with statutory requirements, ^ensured that financial health of the company is maintained and there is proper control on expenditure and borrowings.^effectively managed & supervised the tax matters and tax assessments (Y-o-Y clean assessment & favourable outcome from ITAT in IT dispute matter)^efficient Insurance management^brought in qualitative changes in the sphere of work by process improvements.As Company Secretary & Compliance Officer, ensured compliance with laws and regulations, smooth conduction and participation in the Board MeetingsAs Management Representative for the ISO, successfully got the ISO certificate and drove the ISO certification objective of improving and setting higher standard of quality management system as a MR for the ISO activity.As Key interface, liaison and coordination with Auditors, Product Managers and Product Heads, Fund houses for Mutual Fund empanelment, Statutory Authorities, High Court, Lawyers, RD & RoC Office and other Consultants / experts. Show less

  • Strategic Planner||Head Financial Planning & Control-Digital Solutions & Factory

    Sept 2020 - now

  • Head Planning & Controls - Payments Business (Issuance , Acquiring & IFB)

    Dec 2016 - Sept 2020

  • CFO & Company Secretary for HBL Global (Associate Company: HDFC Bank Limited, now merged with HDBFS)

    Apr 2014 - Dec 2016

  • Financial Inclusion & other initiatives

    Mar 2013 - Apr 2014