Raj Chowdhary

Raj chowdhary

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location of Raj ChowdharyNew Delhi, Delhi, India
Followers of Raj Chowdhary437 followers
  • Timeline

  • About me

    Head of Trading - LPG & Other Petroleum Products at Indian Oil Corporation Limited

  • Education

    • Svkm's narsee monjee institute of management studies (nmims)

      2018 - 2020
      Emba marketing & finance dean’s lister
    • The institute of chartered accountants of india

      1996 - 1999
      Associate’s degree accounts, finance, taxation, auditing, costing

      International Trade finance, Treasury management, Risk management

    • Svkm's narsee monjee institute of management studies (nmims)

      2018 - 2020
      Executive mba marketing & finance 3.53 (out of 4), made it to the dean's list
    • Svkm's narsee monjee institute of management studies (nmims)

      2018 - 2020
      Executive mba marketing & finance 3.53 (out of 4), made it to the dean's list
    • Svkm's narsee monjee institute of management studies (nmims)

      2018 - 2020
      Emba marketing and finance dean’s lister
    • Svkm's narsee monjee institute of management studies (nmims)

      2018 - 2020
      Executive mba marketing & finance
  • Experience

    • Indian oil corp limited

      Dec 1999 - May 2013

      Headed Capital Project Accounting team and was responsible for critical examination of financial viability of the project & its finance concurrence, Capital/Revenue budget finalization, its distribution, re-appropriation and monitoring.Accountable for consolidation of accounts,Overall responsible for Indirect tax compliance, Worked as "Power User" in SAP implementation. Worked as head of Finance responsible for overall finance function of the unit operating under SAP environment. Responsible for exports of petroleum products and its statutory compliance. Acted as a member of empowered committee to ensure smooth operations of the export unit. Undertook internal audits of marketing operating units such as Bulk oil terminals, LPG plants, Lube plants, Aviation fuel stations, State offices & Regional office. Ensured compliance of the Statutes and Company’s internal policies and procedures. Also responsible for conducting special studies and reviewing the financial systems including budgetary control, capital projects, material procurement, inventory management, cash management, distribution system, operating system.

      • Deputy Manager (Finance)

        May 2009 - May 2013
      • Asstt. Manager (Head of Finance) One of the largest Oil Terminal(Export unit) in Northern India

        May 2007 - May 2009
      • Internal Audit Officer/Sr Internal Audit Officer

        Dec 1999 - Apr 2007
    • Lanka ioc plc

      May 2013 - Jun 2016
      Vice president (finance), lanka ioc-finance

      Responsible for finance function of the Organization. Managed Treasury operations of the company having turnover more than USD 600 million. Handled fund/non fund based trade finance requirements and debt restructuring, negotiated facilities with International Banks, carried out financial forecasting to help raise funds with the banks. Used derivatives to mitigate currency risk.Overall responsible for preparation of final accounts as per IFRS under SAP environment & presenting it to the Board of directors, Ensured listing rules compliance. Successfully handled credit risk of the company ensuring no major defaults. Predicted accurate segment wise revenue and profit forecasting & handled dynamic product pricing formulae which helped company to maximize its net margins. Headed IT function of the company & was overall responsible for SAP system in the Company Show less

    • Indian oil corp limited

      Jul 2016 - now

      Currently working as the Head of the Products Group, responsible for finalizing International Trade contracts for Import/ Export of LPG and other petroleum products. My job profile involves business development, negotiations on commercial, operational, and statutory matters with counterparties to ensure smooth contract execution. Responsible for regularly reviewing and updating contract terms and conditions to improve financial outcomes and operational effectiveness. Additionally, accountable for internal control mechanism to ensure compliance, operational efficiency, and financial propriety. Show less Currently working as the Head of the Products Group, responsible for finalizing International Trade contracts for Import/ Export of LPG and other petroleum products. My job profile involves business development, negotiations on commercial, operational, and statutory matters with counterparties to ensure smooth contract execution. Responsible for regularly reviewing and updating contract terms and conditions to improve financial outcomes and operational effectiveness. Additionally, accountable for internal control mechanism to ensure compliance, operational efficiency, and financial propriety. Show less Handled commercial execution of International Trade Contracts ( LPG) of one of the largest commercial undertakings in India. Handed finalization of International Contracts for Imports & Exports and responsible for overall commercial execution of the contract. Accountable for reviewing/developing operational process flows and carrying out regular risk assessment. Regular liaison with overseas suppliers for operational deliverables. Maintained close coordination with loading/discharging ports, suppliers and shipping companies for smooth trade operations. Overall responsible for ensuring complete documentation of Import/Export in line with International Trade practice and Incoterms. Also coordinated with Industry members for product positioning at various storage points. Accountable for finalization of documentary credit with overseas buyers & also responsible for monitoring timely remittance/realization towards Imports/Exports. Monitored cash flow planning & data base management for all exports/imports for future projections and analysis. Show less

      • Head of LPG & Other Petroleum Products ( GM-International Trade)

        Feb 2024 - now
      • Head of LPG & Other Petroleum Products ( DGM-International Trade)

        May 2022 - Mar 2024
      • DY General Manager (Commercial- International Trade- LPG)

        Jul 2016 - Apr 2022
  • Licenses & Certifications

    • International trade, treasury & risk management

      Institute of bankers of sri lanka
      Dec 2015
  • Honors & Awards

    • Awarded to Raj Chowdhary
      Member of Certified Management Accountants, Sri Lanka CMA, Sri Lanka Feb 2016