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Sudipta Tapaswi

Candidate ID: 123436

Career Summary

An highly efficient, innovative and methodical Finance Professional with over 19+ years of experience in managing overall finance and accounts function. Have rich experience in SAP FICO, SAP implementation, Presentation of MIS, Cash flow forecasting, budgeting & Strategic planning, Taxation

Skill Set

Finance & Accounts

Professional Information

Total Experience : 19

Nationality : India

Qualification Level : CA / CS / CFA / Other Professional Degrees

Job Function : Accounts / Tax / CS / Audit / Finance

Work Location Preference : Bahrain, Oman, Qatar, UAE

Detailed Profile

SUDIPTA TAPASWI
B 303, 3rd Floor, B Wing, Shiv Bhagtani Manor, Near S. M. Shetty School Mumbai, MH 400072 Mobile : +9193212 20622 |E-mail : stapaswi74@yahoo.co.in |Skype : sudipta.tapaswi
Executive Summary Work History
Versatile business leader bringing 19 2016-07 -
Chief Finance Officer
KAPCO BANQUETS & CATERING PVT LTD , Mumbai Industry : Food & Beverage, Hospitality ,
• Heading Finance & Accounts function of KAPCO Banquets &
Catering Private Limited & it's associate Grand Cuisines Banquets Private Limited - having two divisions - Banqueting and Corporate Food Service with an Annual Turnover of INR 75 Crores.
• Main objective of the role is to ensure highest efficiency in control processes, compliances in all functional divisions, supporting Business Head and Board of Directors with Business Analytics and periodic MIS in formulating, implementing and persuading Business Strategies.
• Evaluating existing internal control system and implementation of adequate risk assessment process.
• Driving Existing Business units and New Business Opportunities in close co-ordination with Business Heads of respective Divisions.
• Steering Board meeting for strategy formulation, implementation and monitoring, approval of Annual Accountings and Audit Reports.
• Achieved an overall cost reduction of 7.5% by way of developing alternative food supply partners.
• Deal with the Lead Banker, appoint and manage external advisors and consultants.
Finance Manager
ALUMILL TECH GULF LLC, Part of Elite Group of Companies , RAS Al Khaimah, UAE |Industry : Aluminium Rolling Mill,
• Headed Finance & Accounts function for UAE Operations
with an Annual turnover INR 200 Crores.
• Responsible for full operation of Accounting, Corporate
Finance, Commercial Support to Sales / Bidding Team.
• Main objective of the role was to monitor all financial transaction processes (Procure to Pay, Credit to Cash and Payroll), Monthly, Quarterly and Annual Financial Reporting,
Budgeting & Budgetary control.
• Supervised a team of 8 members and delivered the functions
of Corporate Accounting, Working Capital Management, Banking & Treasury, Financial Planning & Analysis, Financial Reporting within the organisation.
• Streamlining the financial control processes in coordination with IT, by implementing automation of Budgetary Control, Park & Post with Audit Trail, creation of Fixed Assets Register (FAR) in Tally ERP system.
• Evaluated existing internal control system and implemented risk assessment process across the organisation.
+ years of experience as accomplished Finance Processional. Strategic problem solver, change manager and visionary executive able to implement plans meeting current and future needs with ability to identify key issues in business situation and to provide and implement appropriate, effective and sustainable solutions through Strategic Business Plans Key expertise in FMCG, Retail, Consumer Products, Manufacturing, Hospitality (Food & Beverage) Industries.
Core Competencies
• Corporate Finance
• IFRS & GAAP
• Budgeting & Costing
• Statutory Compliance
• SAP Implementation
• MIS Reporting
• Taxation: Direct / Indirect
• Business Strategy &
Financial Planning
• Working Capital
Management
• Fund Raising
• P&L Management
• Treasury Management
• Process Improvement
• Credit Management
• Audit Reports, Feasibility
study, Legal Compliance
• Risk assessment
• Commercial Negotiation
• People Management
Software Skills
• SAP (FICO Module)
• SAP (CRM)
• DSS&SAPBI
• MS Office (Word, Excel,
PowerPoint)
• Tally ERP
2019-06
2015-04 - 2016-05

Key Achievements
KAPCO & Alumill (2015 – 19) :
• Implementation of Risk Assessment process.
• Zero Based Budgeting
• Accounting and MIS
Automation by integrating
different software systems.
• Achieved overall cost
reduction of 7.5% by developing alternative supply options and 3% by re-modelling supply chain model.
• Administered first time adoption of IFRS.
Reliance Retail Ltd (2010 -15) :
2010-11 2015-04
-
Chief Manager – Finance & Commercial
RELIANCE RETAIL LIMITED, (Part of RIL Group), Mumbai Industry : Retail
• Administered Business Commercial, Accounting, Budgeting,
Taxation, MIS, & IT Infrastructure processes and requirement for Reliance Digital Format, Pan India Operations; business worth INR 1800 Cr with 1300 stores 65 Franchisee Pan India.
• Headed complete Management Accounting function.
• Monitored all month end closing activities to ensure the correctness of expenses being, accrual of income and expenses, cost allocations, revenue recognition, pre- payments, liabilities and assets classification as per
accounting standards and policies.
• Supported Taxation Shared Service for timely completion of
Tax Assessments - VAT, Service Tax & Income Tax.
• Member of Business Strategy Team for establishing and monitoring PAN India Service Network, feasibility study of prospective Franchisees, recommendation for appointments, post appointment monitoring and control leading to appointment of 53 new Service Franchisees across
14 cities of India.
Assistant Manager – Finance & Accounts
IFB INDUSTRIES LTD, IFB Group of Companies | Industry : Manufacturing and selling of Home Appliances.
• Main objective of the role was to support the business team
by providing analytical support and financial insights to achieve the business goals through clear understanding of the product value chain, developing pricing strategies, rolling forecast, ROI of Dealers / Distributors / Service Franchisees.
• Monitored day to day Accounting and administered other Finance functions including Budgeting & Budgetary controls, Fund Management, Working Capital Management, Audits, Taxation, Costing & Product Pricing, Statutory Liaison, Bank Reconciliation, Credit / Outstanding Management of the company.
• Monthly preparation & Presentation of financial reports and financial forecasts.
• Preparing Annual Accounts of the State Operation and getting the same audited as per statute.
• Evaluated existing internal control system and implemented risk assessment process
• Ensured strict compliance of statutory requirements – Taxation, Employee Compliance, Legal Compliance.
Senior Executive
MAHESHWARI & ASSOCIATES, Chartered Accountants
• Lead Auditor for concurrent, statutory, and surprise inspection audits for PSU Banks with focus on analysis and review of Bank Borrowers.
• Internal Audit of limited companies like IFB, Reliance General Insurance, and others.
• Made representations in the matters of income tax and sales tax; ensured compliance with the Companies Act requirements like filing of annual returns, writing of minutes of board meetings, etc.
• Commercial lead for SAP
overhauling project
leading to multiple
accounting & MIS
automation in SAP FICO / CRM/DSS&SAPBI. 2005-06 -
• Successfully rolled-out new 2010-11 SOPs to cater growing
business needs with 1000+
stores & 65 Service
Franchises.
• Introduced Insurance
Cover for Service AMC
product.
IFB Industries Ltd (2005 – 10) :
• Completed Sales Tax Assessment for FY 2000 – 01 to 2004 – 05. VAT & Service Tax Audit for FY 2005 – 06 to 2009 – 10.
• SAD Refund of INR 25 M.
• Reduced working capital
cycle from 60 days to 35 days by restructuring discount policy.
Education
2002 – CMA
Institute of Cost Accountants of India.
2013 – Adv. Diploma in Management Accounting CIMA, United Kingdom
1998 – Master of Commerce
University of Calcutta, India
1995 – Bachelor of Commerce
University of Calcutta, India