27-28 Level : Middle - Manager, Assistant Manager Functional Area: Accounting/Tax/Company Secretary/Audit(Other Accounting) Current Employer : VRS Availed from IFCI Previous Employer : IFCI Current Industry : Banking Current Salary : 700000 Accounts: Application of knowledge for more than 10 years in Accounts and handled Rupee Loan Accounting and Foreign Currency Loan Accounting i.e., Collection notices for due amounts, Recovery and Appropriation of amounts. Working out sacrifices and reliefs in respect of bad loans after sanction of relief package. Closing of accounts and preparation of various statements connected with the closing, association with Statutory and Internal auditors, Dead stock maintenance. MIS to top management, Budgeting and Recovery Credit cell: More than 10 years in Credit departments i.e., Credit Appraisals, Monitoring of Credit cases after Post sanction and Post disbursement, Recovery of dues, Inspection of assisted concerns, BIFR/AAIFR cases and Enforcement of SAFAESI Act. Active Participation representing IFCI in joint meetings convened by IDBI/ICICI to stress our view point on the issues. Analysing of Companys Balance sheets and Progress reports. Made major contribution in resolution of NPA cases (Non-performing/Bad assets) by way of One-time settlement (OTS/Out of Court settlement) for speedy recovery. Resolution of problematic cases by enforcing SARFAESI Act after analysing the cases in coordination with other FIs/Banks, issuing of statutory notices to the Companies, taking possession of the Company/Mill after notification through newspapers and consequent sale by inviting biddings. Visit to the various units along with Valuer for valuation of property before taking a view on enforcing SARFAESI Act. Associated with Legal department in DRT/Court Cases. Participation in various joint meetings convened by FIs and Banks in resolution of assets/BIFR cases/CDR cases representing IFCI and opening of biddings after sale notification. Dealt with BIFR/AAIFR cases. Preparation of Status reports in BIFR/AAIFR cases, Affidavit to AAIFR giving point-wise reply on the appeal by the Companies, Analysing BIFR Rehabilitation packages and Attending BIFR hearings in Chennai. Maintenance of good rapport with Clients to achieve the recovery targets. HRD: More than 4 years from May, 2001 to April, 2005 in Human Resources Department at IFCI, Head Office, New Delhi as Manager (HR). Handled all areas of work in HR such as Employees bio-data, Employee Management, Manpower planning, Deployment of employees at Branches and various departments in line with business plan of the organisation. Recruitment of Management Trainees from Management Institutes. Joining and Exit of employees, Promotions, Facilities to employees, Centralised increment sanction and Retirements. Upkeeping of Performance Appraisal reports and report to Management after analysis Issuing HR Circulars, Reply to Parliament questions, Various MIS data pertaining to HR, Rectification of pay anomalies and Maintenance of leave records. Rewards, Recognition Performance incentives, Employees Relations, Welfare, Rapport with Unions, Labour court cases and Staff indiscipline/grievances. SC/ST matters and maintenance of SC/ST Roster in compliance with statutory regulations of Government of India Background note for vigilance cases where HR issues are involved and absolving the case after enquiry. Associated with preparatory work for VRS and implementation of VRS packages on two occasions. Salary CTC was around Rs.9 lakhs per annum in IFCI including all perks. Expected salary Negotiable. Notice period One-month. Current Status Retired as Assistant General Manager on VRS from IFCI Ltd., Chennai Regional Office in February, 2008. Consequent to VRS from IFCI, worked as Vice President (Finance) in Belair Enterprises Pvt. Ltd., Chennai - a Wealth Management Company for 6 months. Recently joined as Business Manager in SAFFRON Capital Advisors Ltd., at their Chennai Office. Core Professional Strengths Strong Communication Skills