Sachin Rastogi

Finance Professional

Core competencies


  • Tactical Decision Making
  • Critical Thinking; Fast Decisions
  • Resource Management
  • Operational Planning &  Analysis
  • Key Stakeholder Partnerships
  • Interpersonal Communication
  • Process Improvement
  • Business Administration
  • Passionate Leadership


Financial Skills

Skills
10
Strategic Planning, Corporate Governance, Descicion Support
  • Designing & implementing systems, policies & procedures
  • Designing business plans / strategies for maximizing profitability & revenue generation.
  • Formulating Budgets/AOP's/Business Plans (LRP's & SRP's), Variance analysis,Corrective actions for the same.


10
Accounting Functions
  • Finalization of Accounts, in compliance with the IGAAP/Ind-AS/IFRS.
  • Conceptualization, Designing and Implementing exhaustive MIS & reports, evaluating them for facilitating decision-making process.


8
Treasury and Fund Raising
  • Fund Assessment,
  • Proposal Preparation and Submission,
  • External Credit Ratings,
  • Technical and Economical Viability Study (TEV),
  • Liasoning with Bankers,
  • Selling Business Plan,
  • Negotiations on Financial Covenants, Cost of Debt,
  • Structuring Repayment Schedule (Flat/Ballooning Repayments etc.)


10
Digitization
  • Transformation initiatives which includes digitization of the process and controls;
  • Large technology transformation projects like implementing enterprise solution,
  • New and replacement of billing platforms and
  • Transition management



8
Auditing & Taxation
  • Tax planning & management,
  • Timely assessment and filing of direct & indirect tax returns 

                                      

10
Receivables & Payables Management 
  • Advance controls for advance payments
  • Following up with purchaser, cost centre wise consumption & analysis with average consumption.
  • Following up of bills receivables after invoicing to debtors
  • Credit Policy Formulation
  • Conducting ageing analysis 


8
Due Deligence
  • Incubating & developing new businesses,
  • Portfolio management of Business
  • Implementing portfolio restructuring decisions (IPO planning, divestment, joint ventures). 
  • Due diligence to provide information and insight on the operations of a buyers, transaction risks, value at which a transaction should be undertaken and warranties /indemnities that should be obtained from the vendor.
  • Handling a fact-finding device to assist in determining whether to buy the business at all, how much to pay for the business and how to structure the acquisition.


10
Project & Business Evaluation
  • Screening new projects and conducting feasibility studies
  • Evaluating major commercial deals inclusive of cost benefit analysis as well as the formulation of financial norms. 


8
Supply Chain
  • SCM Planning, Forecasting, Ordering,
  • Inventory management,
  • Supplier reconciliation,
  • Payments, warranty claims.
  • Experience in maintaining Supplier contracts (NDA/Exclusivity/Quality/delivery/Price).
  • Supplier Audits for Induction of new supplier thru’ a structured process.
  • Experience in Supplier Rating/Supplier review/ Technical inputs to vendors / Process Optimization.





                                                                                                                                                                                                                         



                                                                                                                                                                                                                                                                                                                                                          

Work History

Work History
Jan 2013 - Present

Head of Finance & Accounts

Citycom Networks Private Limited-Spectranet                               Bigger role, challenging profile, yet more confident.......... 
  • Vital member in turnaround of the company from the state of EBITDA Negative to EBITDA Positive in short span of 13 Months and then PAT positive state in next 12 Months.
  • Successfully raised the funds worth Rs.175 Crores.
  • Done Loan Restructuring reducing, whereby reducing the monthly cash outflow by Rs 50 Lacs per month.
  • Conceptualized & Introduced a exhaustive Business Review Deck.
  • Implemented Highly Automated ERP in Organization -Microsoft Navision 2013.
  • Conceptualized and Implemented the EMI Payments Options for Internet Services for the very FIRST time in the entire Industry.
  • Gone upto ITAT level and got the demand of Rs. 4 Crores dropped under Service Tax Act.
  • Conceptualized and Implemented a highly automated Treasury Function, full blown integration between ERP and Bank Server.
  • Given the additional charge of Revenue Assurance Department within 9 Months of joining the organization.
  • Recovery of 25% from deactivated debtors, standing with the exposure of 4 Crores for more than 730 Days.
  • Through rigorous and regular follow ups with the Income Tax Department, got the refunds worth Rs. 6 crores for AY 2010-11 till AY 2012-13.
  • Key team member for Strategy Planning to remain competitive and aggressive in market place; gaining maximum market share in numbers and revenue.
  • Only Non-HR Member for Employee Engagement Committee.
  • Nominated as one of the department with the lowest employee attrition rate.
  • Became the only non- functional head Senior Management Group (SMG) member within 7 months of joining.
  • Most Appreciated Reporting Manager- “BIG BOSS” winner for FY 2013-14.
Aug 2011 - Aug 2012

Financial Controller- SIVA Group

Siva Ventures Limited- Engineering & Constructions Division Step Forward, in Career Progression...... 

Through Internal Transfer within the same group, got elevated to the position of CFO for one of the Divisions of Siva Group.

  • Saved 23% in Creditors Payment (Rs.1 crores) through negotiations;  in short span of just 4 Months.
  • Reduced the Receivables having the ageing of more than 365 days from Rs.10 Crores to just Rs 2.5 Crores in flat 4 months’ time.
Aug 2009 - Jul 2011

National Head Business Planning & Analysis- SIVA Group

S Tel Private Limited (SIVA Ventures Telecom Division)-             Starting life from ground zero, proving yet again.........  
  • Received the Letter of Appreciation from CEO for the best Cross Functional Team member;
  • Received the Letter of Appreciation for implementing the best business daily reporting in the organization.
  • Successfully carried out group level consolidation of MIS reports i.e., exceptional reporting, rolling forecast & performance measurement dashboards.
  • Deftly synchronized the team of highly qualified professionals at corporate & state offices; ensured the complete visibility of the business to Top Management and Board of Directors.
  • Pivotal in projecting the breakeven point period, peak funding requirements and EBITDA/PAT scenarios based upon current industry trends and organizational goals.
  • Ensured implementation of Business Intelligence (BI) tools.
  • Holds the distinction of controlling OPEX in Customer Services, Marketing, Customer Acquisition and Network OPEX which resulted In EBITDA improvement.
  • Significant contributions in brining acquisition cost down from INR 80 Mn to INR 60 Mn per month, on the basis of various analytical reports.
  • Successfully replicated Indian Operations MIS reporting’s to other Countries Operations by Batelco.
  • Instrumental in Bidding for 3G Licence won by S Tel in 3 circles. Transaction of Rs.338 Crores.
Mar 2009 - Jul 2009

Head Management Accounting- Delhi Circle

Aircel Limited                                                                                               A short stint, fast paced learning and contributions.....     
  • Vital Key Member involved in Aircel Launch of  Delhi Circle
  • Conceptualization, Designing and Implementation of MIS at the Launch Stage, 
  • Credit for Daily MIS Circulation on Day 0 of Launch
  • Instrumental in investigating & understanding key business issues behind the numbers
Dec 2004 - Mar 2009

Head Accounting & Business Support

Idea Cellular Limited-                                                                              4 Promotions in 4.5 Years (Manager to DGM)......... 
  • Elevated from Individual Contributor to Team Leader, leading 11 Team Members Finalization of Accounts.
  • Took care of IPO related procedures & documentation entailing due diligence process of the IPO, prospectus delivery and financial due diligence process.
  • Drafted reinstated financials for DRHP and its subsequent filing with the SEBI.
  • Received Excellence Award for IPO due diligence.
  • Consolidation and Finalization of Accounts.
  • Efficiently kept track record of investment in CAPEX & return on regular basis; conducted project evaluation process & assisted in project implementation.
  • Analyzed sales & marketing policies to ensure the financial viabilities and return.
  • Dexterously reduced the TAT for MIS reporting from 15 days to 5 days.
Jul 2004 - Dec 2004

Head Business Planning & Reporting - Rajasthan Circle

Bharti Airtel Limited                                                                                    Entering into Service Sector and Telecom....
Nov 2003 - Jul 2004

Head Planning & Control- North Region

Mc Dowell's & Co. Limited- UB Group                                               Conversion from Accounting to Business Analyst....


Nov 2002 - Oct 2003

Works Accountant- Ballabgarh Plant

Castrol India Limited- British Petroleum                                           A MNC Career Break.......
Dec 2000 - Oct 2002

Assistant Manager- Finance- Plant Accounting and Consolidation

Bajaj Hindusthan Limited                                                                         Start of career with strong fundamentals at ground zero........ 

Education

Education
Aug 1996 - May 2000

Chartered Accountant

Institite of Chartered Accountants of India

Cleared Entire Course in 1st Attempt, at all stages

Jul 1995 - Jun 1998

B.Com( Honors)

Shaheed Bhagat Singh College, Delhi University

Secured 1st Division

Apr 1994 - Mar 1995

Senior Secondary

Happy School, Daryaganj, New Delhi

Secured 81.25%, Commerce Stream

Apr 1992 - Mar 1993

Higher Secondary,

Happy School, Daryaganj

Secured 78.4%, Head Boy

Certifications

Certifications
Oct 2015 - Mar 2016

Certificate in IFRS and Ind-AS

Ernst & Young