Out-SourcedCFO's Profile
Out-SourcedCFO | |
CFO & Financial Technologist | |
 | Out-Sourced CFO & Business Advisory Services  |
Professional summary
-
Current Experience:
CFO, Out-Sourced CFO & Business Advisory Services
Current Experience: CFO, Out-Sourced CFO
Previous: mChek India Payment Systems Pvt. Ltd.
Chief Financial Officer, Jubilant Biosys (P) Ltd
Chief Finance Officer, Net Kraft Private Limited
Chief Financial Officer, HealthScribe Private Limited
Director, US Corporation
General Manager, Cypress Inc.
Manager, McDowell Krest Finance Ltd.
-
20.0 Years
-
Strategic CFO for Small & Medium Companies (< $5 Mn Turnover) - Over USD 60 Mn of Equity Funding Exp ...
-
Contribution score:(162 points)
- Contacts: 58 connections, 58 following, 12 followers
Out-SourcedCFO's Experience
| Current : |
CFO, Out-Sourced CFO & Business Advisory Services |
|
| Management & Strategy Consulting | ||
Working from 1989 | ||
| Current : |
CFO, Out-Sourced CFO |
|
| Management & Strategy Consulting | ||
| Previous : |
mChek India Payment Systems Pvt. Ltd. |
|
| Mumbai | ||
Worked from 2003 to 2004 | ||
Brief summary :
Current Vocation: Out-Sourced CFO and Business Advisory Services Practice Profile Small and medium Technology Companies (Revenue range 0 - USD 5 Million) providing a range of de-facto CFO Services on a retainership as well as project assignment basis. The Consulting practice is oriented towards Companies who cannot afford a full time CFO at the Rs. 30 Lakhs p.a. level and do not require the expertise on a full time basis either. The Practice commits top-of-the-line CFO capability to such enterprises on a time sharing basis, with a committed hours per month being available under a retainer and further time requirement being chargeable on a per hour basis. Statement of Responsibility I take full responsibility for all decisions to be taken by the Company or its Management, jointly or severally wherein my participation as the Out-Sourced CFO of the Company is warranted. I take the personal responsibility to ensure that, for any such decision, I shall provide to the Management, the best possible information, inputs and expertise from a Finance perspective as is possible with the resources under my command. I share equitably with the other members of the Management Team, the ownership and responsibility for each and every decision taken by the Team and the Company after I join as the Out-Sourced CFO of the Company. Scope of Services: Strategy - Corporate / Management / Operational / Financial Business Plan - Preparation and Validation Corporate Structuring - Business and Entrepreneurial Imperatives Funding - Structuring and Negotiation Budgeting - LoB / Geographical / Functional / Cost Center. MIS - Operational Performance Review and Variance Analysis Compliance - Statutory, Secretarial and Due Diligence Financial Policy - Formulation and Implementation Internal Controls - Formulation and Implementation Contract Review and Negotiation - Investor / Customer / Vendor Product / Project / Service / Activity Costing and Pricing Strategy All Statutory Approvals and Start-up Assistance Executed Engagements: A Mumbai based Mobile Payments Technology and Service Provider Company which has secured funding of USD 5 Million from DFJ (Draper, Fisher Jurvetson - HYPERLINK http://www.dfj.com www.dfj.com ) leading to the creation of mChek India Payment Systems Pvt. Ltd. ( HYPERLINK http://www.mchek.com www.mchek.com ). TechUnified HYPERLINK http://(www.techunified.com (www.techunified.com ) a leading provider of wireless, speech and eBusiness solutions for financial organizations and Telecom Operators with a sizeable presence in the Gulf region acquired by ORG Informatics Limited ( HYPERLINK http://www.orgltd.com www.orgltd.com ) for over USD 11 Million at a valuation in excess of 4 times projected current year Revenues. Proteans Software (www.proteans.com) a Software company in the Product Engineering space which has secured a Rs. 1.5 Crores (USD 0.35 Million) equity investment from KITVEN ( HYPERLINK http://www.kitven.com www.kitven.com ) at a valuation in excess of 3 times trailing annual revenues and was subsequently acquired by Camo Technologies (www.camo.com) at a valuation in excess of 2 times trailing revenues. Current Engagements: The Practices current clients include, a Micro Finance Technology and Service Provider listed on the BSE, an IT Product Company in the Retail space funded by SIDBI ( HYPERLINK http://www.sidbi.com www.sidbi.com ) to the extent of over Rs. 4 Crores (USD 1 Million) through Equity and a Convertible Instrument, and for a further USD 4 Million from IDG Ventures (www.idgventures.com) and DFJ ePlanet Ventures (www.dfjeplanet.com), a number of start-up operations in various areas of application of Technology ranging from Fiber Optics to a Person-to-Person Lending Portal and Indias largest organized provider of vehicular parking infrastructure and services. My client list is confidential as my clients are justifiablytaciturn about the out-sourced model being adopted for such a core function as that of a CFO. Last Full-Time Employment: I-Spatial Communications Pvt. Ltd. Employer Profile BSNLs sole contracted franchisee to provide the complete range of Broadband Services on its nationwide fixed line Telecom Network. Its a two year old Company which has developed the technology package to provide Broadband connectivity (minimum 256 kbps internet, upto 3 mbps video / audio / gaming / eLearning connectivity to the Exchange) for BSNLs 45 Million fixed line subscriber base. Period: November 2003 to October 2004 | ||
| Previous : |
Chief Financial Officer, Jubilant Biosys (P) Ltd |
|
| India | ||
Worked from 2002 to 2003 | ||
Brief summary :
Designation: Chief Financial Officer Responsibilities: Responsibility for Start-up funding including equity, debt, and working capital. Contract structuring, negotiation, generation and review with BSNL, Equipment Vendors and Content Providers. Budgeting and Cost Control, finance and accounting, legal and secretarial, functions. Conceptualisation and Design of Operational Systems and Policies for effective Operations and Management, Management Information Systems, Operational and Productivity Matrices, Internal Controls, Processes and Procedures. Prior Employment: Jubilant Biosys (P) Ltd Employer Profile A member of the Jubilant, erstwhile VAM Organics, Group - spear-heading the Groups entry into the Bio-Technology and Pharmaceutical Sectors. A premier Bio-Technology Company in India focusing on providing bioinformatic research services throughout the Drug Discovery and Development process. Period: May 2002 to March 2003 | ||
| Previous : |
Chief Finance Officer, Net Kraft Private Limited |
|
| India | ||
Worked from 2000 to 2002 | ||
Brief summary :
Designation: Chief Finance Officer Responsibilities: Responsibility for Target Oriented Cost Reduction, Budgeting and Cost Control, finance and accounting, legal and secretarial, functions. Funding for operations, structuring of Group Financing, Contract Review and finalisation vis-��-vis Customers as well as Vendors. Management Information Systems, Operational and Productivity Matrices, Internal Controls, Processes and Procedures for effective Operations and Management. Prior Employment: Net Kraft Private Limited Employer Profile A Leading Web based Software Development Company in India employing over 225 people with a turnover of over Rs. 18 Crores in 2001 - 02. Period: November 2000 to April 2002 | ||
| Previous : |
Chief Financial Officer, HealthScribe Private Limited |
|
| India | ||
Worked from 1999 to 2000 | ||
Brief summary :
Designation: Chief Financial Officer Responsibilities: Overall responsibility for the finance and accounting, legal and secretarial, functions. Funding for operations, securing of Bank Finance as well as Equity Financing. Contract finalisation vis-��-vis Customers and Vendors, MIS, Internal Controls, Processes for effective Operations and Management. Implemented Project Costing, Systematic dynamic Resource Allocation, Resource Utilisation tracking and T and M Billing Process. Customer interface for Work Certification, Invoicing, Receivables Management and Collections. Implemented a 25% Manpower reduction and 40% monthly cost cut without impinging on employee morale, corporate effectiveness, customer and stakeholder satisfaction. Responsible for 2nd Round Equity Funding search and in-depth interactions with various potential Investor Funds that resulted in raising equity funding, secured / structured and implemented, of USD 5 Million from CDC and JumpStartUp, first tranche pre 9/11, 2nd tranche of USD 2 Million post 9/11. Prior Employment: HealthScribe India Private Limited Employer Profile The largest Medical Transcription Company in India employing over 600 people with a turnover of over Rs. 25 Crores in Calendar 2000. Period: December 1999 to September 2000 | ||
| Previous : |
Director, US Corporation |
|
| India. | ||
Worked from 1995 to 1999 | ||
Brief summary :
Designation: Director - Finance (Chief Financial Officer) Responsibilities: Overall responsibility for the finance and accounting, under both Indian and US GAAP Systems as a subsidiary of a US Corporation, legal, secretarial functions. Responsible for Business Planning, Cost center to Profit Center transition, Sub-contractor development and Joint Ventures in India. Created and Operationalised a detailed productivity based MIS System for capture of Team as well as employee level Productivity and Quality matrices which formed the basis of employee incentives and compensation. Structured, documented and implemented Max India Ltd.s $ 8.5 Million and an European Private Equity Investment Funds $ 1 Million equity investment into HealthScribe India Private Limited. Prior Employment: Arcus Technology Limited Employer Profile An ISO 9001 Company engaged in VLSI (Very Large Scale Integration) Semiconductor Chip Design and supply, certified in the area of design, development and supply of ASIC (Application Specific Integrated Circuits) Components for Telecommunication, Networking and Instrumentation applications. Revenue for the year 1998 - 99 - USD 5 Million Period: July 1995 to September 1999 | ||
| Previous : |
General Manager, Cypress Inc. |
|
| Bangalore | ||
Worked from 1989 to 1995 | ||
Brief summary :
Designation: General Manager - Finance (Chief Financial Officer) Responsibilities: Overall responsibility for the Business Planning, finance and accounting, legal, secretarial, human resources and administration functions, Long term funding and Shareholder Returns through operations as well as Divestment, Equity Mobilisation Road Show vis-��-vis Venture Capital Funds in India and potential Strategic investors in US. Set up and Operationalising the Overseas Presence - Trading Branch Office in Singapore / Holding Company in Mauritius / Associate company in USA. Developed and implemented Internal Control / MIS / Commercial Operating systems in line with its volume of business. Financially fuelled the growth of Arcus from a Rs.3.5 Crore Company in 1994 - 95 to a Rs. 22 Crore Company in 1998 - 99. Achievements: Successfully structured, negotiated, implemented the acquisition of Arcus by a Cypress Inc., a USD 500 M, semiconductor corporation in the US under a Tax Friendly Structure to meet Financial objectives, achieved an overall Valuation of 4 times revenue, in pre-boom 1999, Contract Review, Legal and Commercial Due diligence and Implementation. Implemented an Employee Stock Option Program, yielding large financial returns to Arcus employees. Prior Employment: The UB Group, (UBG) Bangalore - June 1989 to June 1995. | ||
| Previous : |
Manager, McDowell Krest Finance Ltd. |
|
Worked from 2011 to 1994 | ||
Brief summary :
Employer Profile A diversified trans-national Indian industrial group (turnover Rs. 3,500 Crores i.e USD 1 Billion) with a leadership position in the IMFL and Brewery industries, and a presence in the fertilisers, petrochemicals, pharmaceutical, engineering and information technology industries. Positions Held McDowell Krest Finance Ltd. - Manager Financial Services - March 1994 - July 1995 Mangalore Chemicals and Fertilisers Ltd. - Manager - Costing and Project Finance - 1991 -1995 Corporate Planning and Project Finance - Executive - Project Finance - May 1990 - May 1991 - UB Elastomers and Styrene - Poly Styrene Expansion Project McDowell and Co. Ltd - Group Management Trainee - June 1989 - April 1990 | ||
Sponsored Jobs
Featured Career Adviser
Also check out www.sapjobsbangalore.com
Oracle- Lease Management Consultant Openings in India
Microsoft-SQL Server DBA job India
Microsoft-SQL Server DBA job India
Out-SourcedCFO's communities
|
|
|
10207 members, 379 jobs, 894 articles, 282 questions, 934 debates, 319 idea contests.
|
|
|
|
3059 members, 98 jobs, 299 articles, 110 questions, 223 debates, 110 idea contests.
|
|
|
|
123 members, 25 jobs, 6 articles, 1 questions, 3 debates, 5 idea contests.
|
Out-SourcedCFO's
contributions
No - Astronomy is a Science ... but the predictive aspects of Astrology cannot be construed as a Science under any circumstance. That said, I think the judgment / comment must be construed with regard to the context in which it arose. To apply the... |
All WM are sales oriented - will always advise to "Invest" irrespective of the Market - No switch / sale recommendation can be given 'on record' or as part of the News Letter - unless your portfolio is large enough to merit a phone call, you'll be left... |
I've been personally operating on precisely this model for the last 5 years .... and $40Mn of Equity Investment raised is a fair indicator of the Business Value I've generated as an Out-Sourced CFO for my clients .... going a step forward, the concept... |
I've been personally operating on precisely this model for the last 5 years .... and $40Mn of Equity Investment raised is a fair indicator of the Business Value I've generated as an Out-Sourced CFO for my clients .... going a step forward, the concept... |
Related Topics
Topic on strategic issues, issues management, business issues, retail...
1 insight
, 1 idea contests
Viewers also viewed
|
(49 Points)
|
|
5
(5,135 Points)
|
