Arun Bhatt

Experience

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  The Goodyear Tire & Rubber Company

  Apr 1988 - Aug 1993

  Manager Factory Costing

  • Extensively automated & reorganized the functions resulting in reduced closing time by enhanced performance & service levels• Computerized the rolling Business Plan and Cost Management Model for plant operations• Monthly Report on Plant Performance and costs to HQ and conducted Monthly Cost Reviews for driving awareness & controls• Departmental SPOC for standardization mandates through “Total Quality Culture” & “ISO 9002” projects for Factory Team

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  Montari Industries Limited

  Sept 1993 - Mar 1996

  Management Accounting Manager

  • Timely Consolidation & Analysis of Budgets & business plan for group companies • Headed Accounting operations of Export and Business development divisions• Aggressive New Project Reports appraisal for financial feasibility & bank proposals for WC facility• Active member of strategic task force for long term restructuring proposal

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  Sakata Inx

  Apr 1996 - Apr 1998

  Finance Manager

  • Financial accounting & Reporting, Audits & Compliance, • Zero issue biannual audits and legal compliances• Dynamic Preparation of the Project Report and Business Plan• Close liaison with financial institutions and banks on funding mandates

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  The Goodyear Tire & Rubber Company

  Jun 1998 - Jan 2005

  Part of Regional Audit group:-• Head international (regional) audits in Goodyear locations across Asia & Oceania as well as participate in EU regional reviews basis nomination• Prepared and agreed annual audit plans with Business/Audit Committee - focus on risk & reduce audit cost• Active member of the Audit & SOX Compliance Committee of the two Goodyear companies in India• Conduct & manage national audit function in India for two manufacturing facilities & 60 field locations• Nominated by HQ to head an onsite international team for setting up of Goodyear operating, accounting and reporting systems (SOX compliant) in a subsidiary in Japan Show less Set up Goodyear Accounting, Costing & Reporting systems in a new subsidiary. Restructured & streamlined by using a low cost ERP solution:-• Financial Accounting – US GAAP & Indian Accounting Standards • Financial statement of accounts • Audits – Statutory / Internal / International• Management Accounting • Implementation of periodic reporting systems to HQ at US for compliance with US GAAP • Enhanced the effectiveness of the Rolling Business Plan with Excel based sensitivity models• Factory Costing • Facilitating system design and implementation of the integrated factory costing for effective cost & variance analysis and fixed assets management system – multiple reporting Show less

  • Senior Manager - Internal Audit

    Aug 2000 - Jan 2005

  • Senior Manager - Accounts

    Jun 1998 - Jul 2000
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  Ericsson

  Feb 2005 - Sept 2013

  CFO responsible for the highest revenue contributing Business Unit (BU) by driving governance & facilitating decision making through business simulations & risk management• Strong business partnering for Financial Planning: targets, forecast, analysis and control• Strategized and executed BU reviews (business, operational, financial) for growth, margin & cash flow thru governance models• Secured correct revenue and cost recognition methodologies (SOX mandated)• Professional stakeholder relationship with key people at global & customer site Show less Mandated by Global F & A Organization in Sweden • Set up and managed a Shared Services Center in India through global KPI/SLA driven & pricing based organization by standardizing and automating processes using workflow & tools• Transitioned from India (13 Accounting locations serving 34 offices & one factory) and Sri Lanka operations to “One” Center• Operated on Standard tools and re-engineered Processes (SAP based) bringing in Quality, Efficiency, Tax compliance, Transparency, Internal Controls and Cost Rationalization• Active member of core strategic decision making group across multiple countries & functions• Consistently delivered through stretch (some super stretch) results on all global benchmarks on Cost, Efficiency, SOX, Customer feedback & Management assessments with ensuring audit compliances for serviced companies – Internal/Statutory/Corporate• Led Cross functional projects pushing process simplification initiatives in the SSC and customer• Motivated, Coached and Mentored managers to harness skill & scale advantage in a complex & dynamic business environment• Highly Progressive Employee Feedback results on Leadership, Motivation and Employee Engagement Show less

  • Director - Business Control

    Aug 2012 - Sept 2013

  • Head - Finance Shared Services Centre (Director)

    Feb 2005 - Jul 2012
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  S. K. Dudha & Company, Chartered Accountants

  Nov 2013 - Aug 2014

  Managing Trustee

  Responsible for managing the entire affairs of the organization on Business Advisory, Audit, Financial and Taxation matters

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  Gumberg India Private Limited

  Aug 2014 - May 2017

  Vice President - Finance

  CFO of all Group Companies for • Investor management, Board Responsibilities, Business Strategies, Corporate Governance & Audit (Internal/External) • All Finance, Treasury (Including Debt), Accounting, Reporting, IT, Business Planning and Commercial functions• Systems and Process implementations along with Compliance Dashboards.