Ardhendu Das

Work History

Work History

Regional Head

Sep 2012 - Present
Kirloskar Pneumatic Company Limited
Since:, New Delhi, India as Regional Head, Commercial Provided strategic vision, championed formal planning process, and tighten integration of operating departments. Held full P&L and revenue growth accountability for 120 Crore division. Assisted external auditors and supported senior management with reports on budgeting, variance, project costing, and product profitability analysis. Proactively built, inspired, motivated, and nurtured relationships with cross functional teams. Key Contributions and Results Coordinated with consortium of banks for arrangement of working capital, term loans and structured products for fund and non-fund based limits including LCs and BGs Oversaw preparation of CMA, DP and other necessary documentation Forecasted short term and long term financial needs of the company, identified sources, and mobilized funds Monitored monthly cash activities, and essayed a stellar role in reducing the projected cash shortfall from Rs 15 Lacs to Rs 9 Lacs in less than three months Negotiated a large service contract that produced a gross margin in excess of 35% and increased bottom line by Rs 30 Crore Analyzed cash flow, cost control, and expenses. Steered efforts in achieving 30% improved cash flow by reducing account receivables and expenses, and stretching the payables from 30 to 45 days Improved cost effectiveness through analysis and internal controls to reduce operating expenses by 5 Lacs Formulated financial objectives, designed and implemented systems, policies & procedures to facilitate internal financial control Developed and finalized the monthly/quarterly and yearly MIS, and five year strategic plan

Associate

Feb 2010 - May 2012
Constellation Energy
A Fortune 100 Company), Baltimore, USA as Associate, Financial Planning & Analysis(FP&A) Engaged by VP following merger with Exelon Corp to identify and incorporate best practices of both organisations, and to ensure seamless integration of operations. Coordinated financial planning and budgeting, and implemented internal control policies, guidelines, and procedures for budget administration and cash management. Supported Corporate Accounting, Capital Management, Treasury, Information Technology, and Project Planning and Control. Managed US GAAP monthly and year end closing and sustained corporate internal controls. Key Contributions and Results Evaluated and executed reporting on cash flow and liquidity position; Reviewed, analysed, and reported on matters related to working capital, debt, interest expense, and cash flow Demonstrated success & proven track record in: Saving $500K through financial and operational analysis, and developing metrics to evaluate performance Achieving $200k reduction in Opex by improved cost effectiveness through analysis and internal controls Dexterously developed a business plan for $520M project with detailed economic analyses and project valuations resulting in 50% increase in power output Provided the financial forecasts, accruals, cash flow reporting, budgets, and variance analysis on a $550M capex budget Reduced budget variance from 25% to 10% by devising comprehensive capital budgeting procedures and implementing corrective actions Key strategist in financial reporting, cost analysis, cash forecasting, and 5 year Capex budget. Instrumental in implementing regulatory compliance(SOX) Drafted and implemented an internal control procedure for Financial Modelling Assisted and collaborated with Management in creating an Enterprise Risk Management Model Engaged in benchmarking studies to identify areas of potential operational improvement, review company bottlenecks and recommend changes to improve the overall level of company throughput

Analyst

Jul 2008 - Feb 2010
Delta Corp
Virginia Beach, USA as Analyst Provided due diligence support for 9 transactions ranging up to $40 million in value. Analysed data and performed due diligence to support forecasting processes. Designed detailed forecasting models involving cash flows, sales, operating/capital budgets to assist Senior Management to establish viable standards. Formalized performance standards across organisation for evaluation of performance. Key Contributions and Results Fore-fronted due-diligence negotiations, took part in due diligence effort, built financial models, and made executive recommendations to integrate 4 acquisitions that provided $120M revenue influx and reduced combined operating cost by $1.5M Played an imminent role in formulating the acquisition target recommendations seeking to expand market share Carried out the analysis of comparable market valuations, precedent transactions, and market analysis report PREVIOUS EXPERIENCE

Manager

Sep 2004 - Jun 2006
Bharat Heavy Electricals Limited
Bhopal, India as Manager

Deputy Manager

Feb 2002 - Sep 2004
Indraprastha Gas Limited
New Delhi, India as Deputy Manager

Engineer

Sep 2001 - Feb 2002
Hero Motors Limited
Gurgaon, India as Engineer

Education

Education

LL.B.

University of Delhi

B.Technology

Jamia Milia Islamia University

Siegfried Fellowship

M.B.A

School of Business