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Work experience

Oct 2008Present

Financial Controller cum Business Development Manager

Balmoral Services

KRAs& Significant Achievements

nOverseeing finance functions like determining financial objectives, designing & implementing systems, policies, conducting cost analysis and reporting variances to facilitate internal financial control.

nHandling Projects & contracts for Royalties and VVIP clients & handling project accounts till completion.

nDeveloping and promoting business activities, forecasting, helping develop business strategies & opportunities.

ØDeveloped system for analysis, control and development of the financial, operational and reporting.

ØEstablished public relations and marketing the company USPs.

ØConducting due diligence for new business opportunities.

Sep 2007Sep 2008


Saregama Regency Optimedia Private Limited

KRAs& Significant Achievements

nSetting up the manufacturing facility with Project & Cost Management system, establishing budgets, statutory registrations, budgeting & control, Import of machineries and equipments, setting up IT system etc.

nManaging ECBs, Working Capital Facilities, Statutory Foreign Exchange reporting and Project Financing.

nSetting up Accounting, administrative and other systems and controls as per both Indian GAAP and IFRS.

nConducting meeting with board members by conference call and project monitoring meetings across India and Australia.

ØEstablished new administration, accounting, Payroll, MIS, Project monitoring system.

ØSuccessfully transitioned a small project setup to a fully operational manufacturing company.

ØKey member of communication between Indian and Australian BOD, shareholders, and staff.

ØEnsured timely execution and operational deadline and oversaw all statutory registration.

Apr 2005Jul 2007

Finance Controller

Havelock AHI WLL

KRAs& Significant Achievements

nAll Accounts & Finance, Project Monitoring, Forecasting, Budgets, reports to Shareholders, audit, taxation of sister concerns, vendor and customer negotiations etc.

nAnalysis of reports and accounts of 3 countries –Bahrain, Saudi Arabia and Kuwait and its impact on overall business on a group level.

nReports development and designs, IT integration, BOD meetings .

ØPart of important role decision making team on project tenders and contracts.

ØAutomated MIS process by establishing flow charts and report processing methods.

ØMonitored successfully 50-90 projects each month complete with forecasts and cost to complete.

Established as the key communication channel for MD in inter-departmental and between country heads.

Mar 2000Feb 2005

Executive Director


KRAs& Significant Achievements

nManaging business contacts and general control of operation in Ghana & Burkina Faso.

nAll aspects of Accounts, Stock, Debtors, supplier, Imports, Audit, Taxation, Banking & Finance, Credit control, general administration & training of local staff.

nThe establishment of forex management system in a volatile currency situation.

ØPromoted to Executive Director from Financial Controller with responsibility of handling the entire finance, accounts, and administration of the two sister companies of the group.

ØDeveloped the entire system of MIS reports through MACROS and Excel and corrected the existing flaws in accounts & finance department.

Implemented as Project Manager SAP R/3 Finance (FICO) along with the SAP consultant.

May 1997Feb 2000

Asst Manager :SBU Agrochemicals


KRAs& Significant Achievements

nLooking after the finance & accounts of SBU AGRO-CHEMICALS Division & a separate JV company with a multinational group (ROTAM INTERNATIONAL –Hong Kong).

nReporting monthly performance and BOD presentations.

nCalculating viability of new products, new projects and variance analysis.

ØDeveloped new & automated MIS system & was instrumental in new project costing and analysis.

ØGiven responsibility of independently managing the JV company based on my performance.

ØInitiated cost control and waste management system.


Executive Finance


Early career as enrty level management executive


Nov 1995Present


Institute of Chartered Accountants of India


Institute of Cost & Works Accountants of India

Bachelor of Commerce

Calcutta University


People Management both internal & external, establishing control & reporting systems, Financial Planning & Budgeting are my areas of specialty. I think myself as an excellent Team manager with high degree of management & analytical skills with capacity to think “out of the box” to solve external & internal challenges and problems. Experience in I.T includes expert knowledge of MS OFFICE (MSEXCEL, WORD, POWERPOINT etc), ERP system like SAP R/3 (FICo), MS NAVISION, ORACLE, multimedia presentations and financial packages like TALLY 6.30 etc. Knowledge in systems includes attending the MDP on Decision Support System by XLRI –Jamshedpur, India on using decision support models through MACROS and MS  Excel.    


Umesh Walke

I have personally known Indranil as a friend and colleague for over 3 years now. I particularly appreciate his quick and bold decision making ability and his in-depth knowledge of Accounting, Audit and Finance coupled with IT and ERP systems, which I believe gives him a distinct advantage over other fellow compatriots in his field. What makes Indranil stand apart from the rest of the crowed is his free, frank and no-nonsense attitude. And I think that’s what makes him a true professional as well as a great person. I heartily recommend Indranil as a valuable asset to any organization he me choose to work with and wish him success in all his future endeavours.” June 16, 2011

Chris Morgans

“Indranil is a smart chap. He has his finger on the pulse & is a very strong member of the team; providing essential backup & good ideas to the rest of management. As a client he is a good communicator, has interesting and business oriented ideas & always listens to advice.” June 19, 2011


Business Controller/ System Initiator/ Strategy Deveoloper/ Management co-ordinator

Fully accomplished in leading businesses and business startups whilst controlling divisional finances with the ability to analyze complex problems to workable solutions and corporate objectives. An effective operational manager and a member of executive management team reporting to board level and providing business strategy, business generating ideas and direction with an inspirational leadership style that has exceeded targets, minimized risk and maximized growth.


Addendum to Job experience

Key Business/Management Control:

Handling newly established companies and projects, setting up of business controls and systems, acting as principle co-ordination point for foreign investors and shareholders.

Handling clients as Company’s spokesperson including HNW individuals, VVIPs and Royalties.

Negotiating and soliciting clients as part of business development team and giving presentation in Power Point to overseas clients for business promotion.

Identification of problematic projects, jobs, contracts and campaigns and suggesting areas of improvement in monthly management meetings.

Suggesting and improving systems and business models including company structure, suggesting IT models and process improvements and accounting systems improvements.

Preparation & presenting to BOD Strategic business plans and forecasts.

Handling Business Units/Areas with overall directives from Board of Directors, finding out bottlenecks and suggesting remedies and implementing them.

Accounts , Payroll and Taxation :

Forecasting sales and profitability based on budgets and analyzing progress of the business.

Overall responsibility for accounts preparation, analysis of the performance of the company , reporting of monthly performance to the management, finalization and audit.

Determining credit policy jointly with marketing team for control over Debtors and monitoring of dues and overdues and ensuring routine follow-ups.

Communicating with business chambers and industrial bodies for disputes settlement.

Handling Branch/ inter-company accounting and consolidation.

Developing salary & growth structures for employees.

Handling company taxation both direct and indirect and handling tax audits, personal taxations and investments.

Conducting seminars and training programs for workmen and managers for cost control, reduction in wastages, etc and conducting knowledge sharing training program in finance & accounts.

Finance and Banking:

Dealing with Banks and financial institutions for credit application and finance requirement, preparation of CMA , working capital loans , term loans ,handling ECBs and reporting for ECBS to RBI, application for bill discounting ,negotiation , etc.

Meeting Fund Managers, Merger Acquisition Firms & VCs for investment.

Costing , MIS & IT:

Job costing, product costing , Batch costing, variance analysis, project costing ,analysis & management, Cost benefit analysis, new project analysis, etc.

Manufacturing KPIs and forecasting Key input requirements.

Preparation, development, improvement and analysis of various MIS reports and MIS system.

Implemented SAP (FI/CO & SD) and MS NAVISION.

Legal and Commercial:

Company registration, conducting Board/General meeting, filing of ROC/RBI forms, STPI reporting, ECB & other RBI forms and reports, Minutes and other statutory registrations including factory , IT, VAT, Excise ,EXIM ,CST, Municipality, Fire and Safety registrations.

Negotiating with suppliers and contractors for tenders and quotations and AMCs.

Preparing, analyzing and amending business contracts.

Determining all insurance requirement and negotiation with insurers & establishing policies.

Handling customs, excise, factory, fire,Government and municipality inspectors.

As part of TQM team, handling quality issues and ISO procedures.

Stock Control & stock analysis of slow moving & dead stocks as well as stock aging for inventory provisions , implementing inventory procedures, handling shipping ,forwarding and clearing agents, etc.

Looking after legal compliance, RBI guidelines, companies law, setting up salary structure and accounting and control manuals.


Computer Application

Institute of Chartered Accountants of India

Managment Information through Advanced usage of MS office Tools

XLRI (Jamshedpur)