Summary

Finance professional with over 20 years of experience including all aspects of MIS and budgeting, auditing, SOX compliance, India and International tax, funds management, consolidation of financial statements, reporting under Indian GAAP, US GAAP and IFRS, ERP implementation and post merger integration.

Achievements:

Two rounds of funding and debt raising at Mu sigma..

Two time recipient of the most prestigious Infosys Excellence Award..

Led the SOX compliance for Infosys and assisted Microsoft.. 

Identified significant cost saving opportunities - led and obtained social security exemptions in countries pre totalization agreements 

Work History

Work History
Dec 2012 - Present

Vice President Finance

Infosys Limited

Key responsibilities include:

  • Budgeting and MIS reporting
  • Investor Relations
  • Treasury
  • Technical Accounting Group
  • SOX compliance
  • Subsidiaries and Overseas finance
  • M&A support

Budgeting and MIS reporting:

  • Preparing and managing annual budget and business plan
  • Setting budget and reporting guidelines for the unit financial controllers ;
  • Ensuring levers in the budgets to overcome any unforeseen market events;
  • Setting up an early warning structure to ensure leavers are monitored periodically

Investor Relations:

  • Defining IR strategy, designing quarterly and intra-quarter messaging to investors;
  • Participating in Investor meetings, defending company position;
  • Understanding pulse of investor and conveying investor concerns to the management as well suggesting possible action plan to address the same;
  • Protecting the company against shareholder activism..

Treasury:

Funds under management – US$ 5 Bn investment, US$ 1+ Bn of hedging..

  • Discussing and defining treasury policy with treasurer and presenting the same to board annually.. Suggesting changes to policy in the best interest of the company;
  • Working capital and Cash – flow management;
  • Ensuring that the company is adequately safeguarded against possible frauds, is in compliance with all the regulations (RBI/SEZ/STPI) etc..
  • Managing relationships with banks.

Technical Accounting group:

  • Reporting within the aggressive timelines with seamless audits and without qualifications
  • Ensuring best in class financial reports

Sox (Sarbanes Oxley’s Act) Compliance:

  • Ensuring that the systems and processes are adequate to address all the risks to avoid financial reporting misstatements and enabling the CEO/CFO to sign-off the financial statements

Subsidiaries and Overseas finance:

  • Overseeing all the subsidiaries, compliance and other requirements
  • Managing the overseas facilities

M&A support:

  • Finance diligence and post-acquisition integration support
Mar 2012 - Dec 2012

VP & Head of Finance (reporting to CEO)

Mu Sigma

Mu Sigma is a leading provider of decision sciences and analytics solutions, helping companies institutionalize data-driven decision making.

Summary of experience at Mu Sigma:

  • Reporting under Indian GAAP, US GAAP
  • Investor relations
  • Fund raising and debt financing
  • Setting up of overseas offices, SEZ units
  • Tax and regulatory compliance
  • Treasury management - forex, Working capital and cash flow management.
  • Overseeing legal and compliance
Sep 2009 - Mar 2012

VP & Head of Finance (reporting to CEO)

Rediff.com

Rediff is a leading Indian portal listed on NASDAQ.

Summary of experience at Rediff:

  • Partnering with business, goal setting, and management reviews.
  • Reporting under Indian GAAP, US GAAP as well compliance with SEC requirements.
  • Investor relations - participating in earnings calls, IR presentations.
  • Handling audit, Board meetings
  • Implementation of SAP
  • Overseeing legal and compliance

Sep 2007 - Jul 2009

Director - Corporate Accounting

Tishman Speyer India Pvt Limited

Tishman Speyer is one of the leading owners, developers, operators, and fund managers of first-class real estate in the world in major metropolitan areas across the world.  Tishman's signature properties include New York's Chrysler building, Rockfeller Center, Frankfurt's MesseTurm, Berlin's Sony Center.

Summary of experience at TSI :

  • Responsible for accounting & finance for project SPVs (project size US$ 4 billion). 
  • Overseeing direct and indirect taxes
  • Reporting under Indian GAAP, IFRS as well periodic reporting to JV partners.
  • MIS, Budgeting and fund management for the entity as well the Project SPVs.
  • Member of Board of two of the project entities.
Jun 2000 - Sep 2007

General Manager - Finance

Infosys Technologies Limited

Summary of experience at Infosys:

  • General Manager – Finance, responsible for the subsidiaries.
  • Finance Controller for Infosys Australia - A$ 100 million. Feb 2004 - Dec 2004.
  • Finance Manager - compliance with Sarbanes Oxley Act - July 2003 - Feb 2004.
  • Head-International Tax (Europe Region), July 2000 - July 2003.

General Manager - Finance (US$ 300 Mn in revenue)

  • Responsible for all financial aspects of subsidiaries of Infosys.
  • Preparing and participating in Board and Management Council meetings.
  • Responsible for Internal control and compliance with local regulations.

Finance Controller - Infosys Australia:

  • Responsible for roll out of systems including SAP and post acquisition integration.
  • Preparing & discussing five year budget with the management.
  • Preparing financial statements and dealing with auditors.
  • Identifying areas of cost controls and suggesting measures for the same.

Finance Manager:

  • Initiated the SOX compliance project.
  • Presented requirements to the Board and Audit Committee.
  • Documentation of AS-IS processes, identifying the risks and suggesting remedial measures to mitigate the same.
  • Assisted Microsoft (an Infy client) in the implementation of SOX.

Head-International Tax - Europe Region consisting of 13 countries

  • Pre-registration risk-return analysis and registration of office.
  • Understanding the applicability of indirect taxes.
  • Tax-efficient structuring of overseas compensation.
  • Evaluating possible tax structuring permissible under the local laws
  • Ensuring corporate direct and indirect tax compliance
  • Transfer pricing study as well the compliance with various regulations
  • Analysing tax implications of Employee Stock Option plan.
Dec 1997 - Jun 2000

Assistant Manager

KPMG

Worked with KPMG as an Assistant Manager in the Assurance Services

Education

Education

Awards

Presented with the ‘Infosys Award for Excellence’ for:

  • providing impetus to new business forays as part of the Country Penetration team in the very first year of employment in 2000,
  • for successful completion of Sox-compliance initiative in 2005.

References from Linkedin

References

Gary Ebeyan - CEO Infosys Australia

"Jayesh was a great asset to the company. He performed outstanding work for the company in the finance area and was highly respected by all. I always relied on Jayesh for accuracy of financial data and budgeting"

Sunil Dhareshwar - Head taxation Infosys

“I have worked with Jayesh for over 6 years and have known him both professionally as well as personally. He is a thorough professional and a very good team leader. He is able to analyse issues in a practical manner and provide business solutions. As a person he is not only very friendly but is also very dependable.”

Ramarao R - Partner SDU (A CA firm and internal auditors at Infosys)

“Jayesh was a diligent professional, quick to grasp and quicker in action. A pleasure to deal with. Inclusive in relationships and clear in communication.”

Pradeep Sanyal - Principal Architect, Infosys

“One of the best "finance" person I have worked with. Knows his stuff to the core. Superb outlook on life and work ethics. Fantastic person to work with.”

Sharul Jain - Sr Manager Finance Tishman Speyer

“Jayesh has great control on numbers as well as their interpretation and this makes him a key executive in any assignment he works upon. He has worked with some of the most respected corporate professionals in India and it shows in his perfect blend of knowledge based confidence with a willingness to explore new ideas. Being honest and upfront he commands great respect from his peers and Top Management who find in him both the operator to drive the corporate machinery as well as a rock to hold firm the corporate policies and governance framework. Jayesh, is an extremely easy to work with supervisor. His team is always ready to go out of way to complete tasks, but rarely he lets the situation to be so, that one actually has to.”

Anil Kumar - Sr. Manager Finance, Infosys

“Jayesh is a great personality, some one you would love to work with. I have had the fortunate of work with Jayesh during his tenure with Infosys. He is a very smart person and his attitude towards work and his colleagues is exemplary. Working with him has been a great pleasure and a good learning experience from both professional and personal development standpoint. Extremely good leadership capabilities and perfect for leadership role in any organization. All the very best to you Jayesh”