Jayyanth Kumar Jain

Experience

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  T T Limited

  Aug 1998 - Nov 2000

  Asst Manager (F&A) / Asst to Company Secretary

  Manufacturers & exporters of 100% cotton yarn, knitted fabrics & inner wears having two 100% E.O.U.’s & a turnover of well over Rupees 100 Crores as Asstt. to Company Secretary & then promoted to the post of Asstt. Manager (F & A) & was looking after Accounting, Financing, Banking & Secretarial matters; Preparation of Annual & Quarterly results.To ensure that all statutory books of accounts & statutory returns as per company act are maintained & filled as per the provisions of the law.Keeping check over Export Accounting, Manufacturing Accounting, Lease Accounting, Hire Purchase Accounting & Other Routine Accounting activities.Preparation & submission of various monthly reports, which are required to be submitted with various Financial Institutions & Banks like Q.I.S.& Stock Statements.Keeping check over accounting of sister concerns which includes Gangour Investment Limited, member of NSE, Parichay Advertising, an advertising agency & other proprietorships as well. Show less

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  The Grand Hyatt, Delhi

  Dec 2000 - Aug 2002

  Accounts Manager

  Five Star Deluxe Hotel from December’ 2000 to August’ 2002 as Accounts Manager & was looking after Accounting, Banking operations & all types of M.I.S. Reports.Active member of the Management Operation Review team and Annual Tender Finalisation Team.Monitoring payable function including overseas remittances and ensure close co-ordination between purchases & payables.Dealing with Statutory, Internal, Tax & Management auditors.Preparation of Monthly, Quarterly & Annual Financial results.Cash Flow Statements, Budgets, Forecasts & Funds Requirements.Dealing with Income Tax authorities in various surveys & assessments.Computation of Income Tax of employees in order to ensure full & timely T.D.S. deduction.Monitoring day-to-day banking operations including dealing with RBI in relation to foreign remittances.To ensure that inventory takings are done on a regularly basis to have proper check & balance & to have effective cost control measures.Maintaining healthy and cordial relationship with the bankers in order to enjoy healthy Drawing Power (DP) limit on our Cash Credit account.To ensure timely assessment, deduction & deposit of all statutory dues & returns like Luxury Tax, Entertainment tax, T.D.S. & Sale Tax returns are filled in time. Show less

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  The Imperial

  Sept 2002 - Aug 2008

  Director Finance

  The Imperial, New Delhi is a Five Star Deluxe Hotel & a member of Preferred Hotels & Resorts Worldwide. It has been voted # 6 of the World’s Best Business Hotels by Travel + Leisure’s recent ‘World’s Best’ Awards. It is also ranked # 32 among the Top Hotels in Asia by Condé Nast Traveller readers in the magazine’s Annual Reader’s Choice Awards and has been selected as Asia’s Leading Hotel.Responsible for day-to-day functioning of the Finance Department including Accounting, Finance and all the General Policies & ProceduresEnsuring adherence to the Statutory & Legal Compliances and devising Operational efficiency strategiesFormulating Budgeting, forecas and performing Financial Analysis including Funds Flow Management, Dealing with Stakeholders; Assigned responsibility of Periodic review of financial performance and Policy implementationPerforming analysis of the M.I.S. from the department, like Financial Results, Cash Flows, Business Plan, Forecast & various financial analysis, and providing tools for future planning and controlMonitoring credit & receivables in order to maintain healthy cash flows & to keep the ageing under controlEnsuring adherence to all statutory requirement of the law in Deduction, Deposit & Assessment of all the taxes like TDS, Luxury Tax, Service Tax and DVAT.Selected as a Member of the Policy Review and Sports committee of the hotel Show less

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  Fairmont Jaipur

  Aug 2008 - Sept 2015

  CFO

  Capri Investment Advisors India Pvt. Ltd is an Indian division of the owing company of “Fairmont Jaipur” and the company is engaged in providing business development advisory services for investments into hospitality sector in India. This company provides hotel investment and operational advisory services to an overseas company Capricorn Hospitality Investments India Limited (CHIIL), incorporated under the laws of England & Wales.Responsible for the Financial Structuring, Statutory & Legal Compliances, Risk management and Strategic Decision makingAccountable for performing Budgeting & Financial Analysis, Bank Loan Management and dealing with StakeholdersSupervising the finance unit and assisting the Promoters on all strategic and tactical matters including budget management, cost benefit analysis, forecasting needs and securing of new fundingPrepare and implement debt & equity structuring strategies , co-ordinating with company lawyers on various legal mattersCo-ordinating negotiations of legal deals & agreements and review as well as resolves all audit issues with external auditorsMonitoring the preparation of the monthly and annual financial statements, and assisting in the financial planning and development of various company projectsAdvising the company promoters & stakeholders on all financial matters in the company and designing insurance program.Involved in the finalisation of the construction budget for the projects under management.Dealing with the Banks for Project financing including debt structuring from disbursement to repayment.Monitoring all activities related to the administration of accounting and financial reporting, internal auditing, risk management, investment management and property control Show less

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  Proline Global Private Limited

  Oct 2015 - Aug 2017

  Director

  Proline Global Private Limited is in the business of importing, distribution & marketing of high-end hair, beauty, make up cosmetics and appliances brand.Heading and managing a team of 50 staff and managing Financial Structuring, Funds Flow and Imports management , ensuring Statutory & Legal Compliances and making Strategic Decision Actively involved in formulating Sales & Marketing Strategy and Developing Business Model

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  Unison Hotels Private Limited

  Aug 2017 - Mar 2019

  Director of Finance

  Spearheading the campaign #it’shappening for a 360* turnaround at the Grand, New Delhi and heading finance function of Azaya Beach Resort, Goa.Responsible for the Financial Structuring, Statutory & Legal Compliances, Risk management and Strategic Decision makingAccountable for performing Budgeting & Financial Analysis, Bank Loan Management and dealing with StakeholdersSupervising the finance unit and assisting the Promoters on all strategic and tactical matters including budget management, cost benefit analysis, forecasting needs and securing of new fundingResponsible for day-to-day functioning of the Finance Department including Accounting, Finance and all the General Policies & ProceduresEnsuring adherence to the Statutory & Legal Compliances and devising Operational efficiency strategiesFormulating Budgeting, forecas and performing Financial Analysis including Funds Flow Management, Dealing with Stakeholders; Assigned responsibility of Periodic review of financial performance and Policy implementationPerforming analysis of the M.I.S. from the department, like Financial Results, Cash Flows, Business Plan, Forecast & various financial analysis, and providing tools for future planning and control. Involved in the finalisation of the construction budget for the projects under management.Monitoring all activities related to the administration of accounting and financial reporting, internal auditing, risk management, investment management and property controlMonitoring credit & receivables in order to maintain healthy cash flows & to keep the ageing under controlEnsuring adherence to all statutory requirement of the law in Deduction, Deposit & Assessment of all the taxes like TDS, DVAT & GST. Show less

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  Lemon Tree Hotels

  May 2019 - Oct 2019

  AVP-Finance
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  Self-employed

  Nov 2019 - Jan 2024

  Virtual CFO - Seasoned Finance Professional

  As your business grows, so do the challenges associated with the business grows. They can be all consuming to some and quite often a distraction. It’s in these situations where help is needed to spread the burden and assist in making good decisions that impact on your company’s future.A Virtual CFO is someone that does offer that support and expertise in their field, especially around strategy, risk, business performance analysis and business management. But just as important, is their ability to analyse the numbers, explore the viability of all your options, objectively, and help you make better decisions going forward. By offering this as a flexible resource, as and when you need it, it pays for itself and more.Why would you use a virtual CFO?What can a virtual CFO help you with?What benefits do you get from using a virtual CFO?It’s never too early to bring a VCFO into your organisation, why?Think about how your business could be improved and benefit from incorporating a finance expert into your team. As an owner think how it could free you up to focus on areas you are the expert in. Even in start-up mode, second guessing about what structure you need and what technology is available to support your business, should all be handled by an expert.Add all this up, a virtual CFO will strengthen the management of your business. Please write to get all your doubts answered to take informed decision. Show less

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  Sir Biotech India Private Limited

  Sept 2022 - now

  Vice President Finance

  Dealing with the Banks for Project financing including debt structuring.Equity and Debt structuring for cross border transactions for overseas development.Treasury management to ensure maximum return on the surplus cash flows available.Involved in the finalisation of the construction budget for the projects with the right mix.Responsible for the Financial Structuring, Statutory & Legal Compliances, Risk management and Strategic Decision making.Accountable for performing Budgeting & Financial Analysis, Bank Loan Management.Performing Financial Analysis including Funds Flow Management, Dealing with Stakeholders;.Monitoring all activities related to the administration of accounting and financial reporting, internal auditing, risk management, investment management and asset control.Co-ordinating with company lawyers on various legal matters, including drafting and finalisng of various agreements.Advising the company promoters & stakeholders on all financial matters in the company and designing insurance program. Show less