ARVIND BANSAL

Experience

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  Ajay K Sud & Associates, Chartered Accountans

  May 1998 - Aug 1999

  Deputy Manager - Compliances
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  SURYA Roshni Ltd.

  Aug 1999 - Aug 2012

  DMD - Operations and CFO

  Achieved 100% income tax exemption for Kashipur factory, taken 11 cr target plus scheme license from DGFT with special permission from RBI, closure of EPCG licenses, raising un secured loans without consultants, ECB and special export funding at very competitive rates, finance cost reduction & saving of Rs 3-5 cr p.a, achieved selling price improvement of Rs 4-6 cr p.a. through market visit and industry meet , achieved significant cost saving in manufacturing Rs 5-8 cr p.a., taken API license for new Bhuj factory as a mission. Show less

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  Corporate Professionals

  Sept 2012 - Nov 2013

  Associate Director

  Raising Finance from Banks and financial institutions, finance and other cost reduction, Corporate Restructuring

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  Asian Granito India Ltd.

  Dec 2013 - Nov 2014

  General Manager - Finance & Commercial

  Administered project finance ( TL of Rs.50 Cr for ‘C’ rated company ), commercial paper introduced ( saving of Rs. 100 lacs p.a. ) , WC finance for business operations for group companies , credit rating improvement ( from BBB+ to A-) , liaison with banks & institutions ( branch, regional & head office ) resulted in positive image building. Significantly improved product wise costing system (resulted in product mix change, selling price increase & cost reduction) Actively contributed for positive image building in capital market through analyst meet, reporting improvement. Steered various option for group corporate restructuring & implementation of the same in coordination with Big 4 Achieved significant overdue reduction through daily collection meeting, dispute resolution, legal cases, and balance confirmation system. Show less

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  Atul Ltd

  Dec 2014 - Dec 2017

  General Manager Finance & Operations

  Successful implementation of GST, steered strong credit evaluation system, implemented customer centric automation, increased cost efficiency by 3-5% and improved profitability, significantly improved system of implementing best achieved norms and variance analysis system, put in place profit linked incentive scheme, improved costing system

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  HiTech Pipes

  Jan 2018 - Jun 2022

  Business Operations Controller and CFO

  1.Significant improvement in the Internal control system, Internal Audit, MIS, Budgeting & Costing system. 2.Complete automation of MIS system through implementation of MS Power BI Dashboard ( Microsoft Business Intelligence ) and through implementation of ERP in the all the four manufacturing factories. 3.Focus on System generated reports and stop Excel Reports for accuracy and timely reports.4.Saving in Income Tax Outflow through change of method of Depreciation.5.Administered project finance, commercial paper introduced , WC finance for business operations, credit rating improvement ( from BBB+ to A-) , liaison with banks & institutions resulted in positive image building. 6.Significantly improved GST system & ensured to take lot of left out GST credit. 7.Migration of company from NSE Emerge to Main Board of NSE after completing their stringent procedural requirements without help of any outside consultants. 8.Preferential allotment of Equity Shares & Equity Warrants to the Promoters & Non Promoters after getting approval from NSE without help of any outside consultants. 9.Have prepared complete strategy for QIP & did various Investor Meets / Road Shows / Analyst’s Meets etc. 10.Implementation of Ind AS in the Consolidated Annual Report of FY 18. 11.Significantly improved product wise costing system (resulted in product mix change, selling price increase & cost reduction) 12. Actively contributed for positive image building in capital market through analyst meet, reporting improvement. 13.Achieved significant overdue reduction through daily collection meeting, dispute resolution, legal cases, and balance confirmation system. Show less

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  Jindal (India) Limited

  Jun 2022 - now

  Chief Executive Officer

  As CEO looking after business operations of API Steel Pipe business, Non API Steel Pipe, Metal Beam Crash Barrier and Aluminum Foil business.