2Turnover (Sales) of the Company in Rupees: Rs.9439 cr Net worth of the Company:Rs crMarket Capitalization of the Organization:Rs crNote: Please give details of the company where the person is located. For CA Business Achiever or CFO where person is handling multiple companies within a group, please give composite details of all companies under the domain of nominee. Details of Individual companies may be given separately. The applicants of CA Professional Achiever should give details only of the company where they are working.
3KEY ROLE IN THE ORGANIZATION Responsible for overall ACC finance, controlling and accounting activities, support the Managing Director in formulating the business plan of the Company consistent with the Company’s aspirations, directions and policies, drive the process of preparation of Finplan and the budget based on the business plan, formulate the accounting policies and internal controls, required to manage the business, preparation of all statutory and financial management reports, support the investment and capex plans through sound investment decisions, ensure business continuity with reference to IT systems, change the culture towards an accountable, responsible, KPI driven organisation, drive cost control monitoring and analysis, secure sufficient funding by way of debt or equity to enable growth of ACC and establish a robust controlling function in the Finance dept.
4MAJOR ACHIEVEMENTS- As a Team Leader Centralisation of payments – centralising all the accounts payable and processing of bills in our Shared Services Centre.The Company opted for publishing consolidated financial results even for limited review and quarterly results giving more information than what is mandatoryImplemented intranet web enabled travel and expenses portal to standardise submission and processing of all employee related payments / claimsRisk coverage – centralised insurance coverage and adopted latest insurance products like mega risk insurance policy etcAbolished Consortium arrangement and went in for multiple banking arrangementImplementation of Governance, Risk and Compliance tool (GRC) – automating and strengthening of IT controls through SAPMotivated the talented finance personnel by equating their packages in line with the Industry StandardsImplemented a system for reporting to the Managing Committee on a monthly basis on the Operating performance of the company highlighting the areas of weaknesses and strengths and also suggestions for improving the performance of the Company
5MAJOR ACHIEVEMENTSInvolved as a team member for the alignment of HOLCIM Group Company activities and the long term corporate restructuring of the cement business of the parent company’s initiatives in India.Asset Reduction Program which offers a framework for the Company for identifying surplus and redundant businesses and assets and also the methodology of disposing of the same.Implementation of Fraud Risk Management in the organisationIntroduced verification of inventories by third parties in a scientific way twice in a year to avoid loss of inventories due to damages, shortages etc.,Introduced Land Acquisition policy with the procedures to be followed for acquisition of lands for putting up plants, mining and other purposesIntroduced Authority Matrix for all personnel for access to SAP and Segregation of Duties (SoD) matrix for ensuring that the transactions are checked before being processed and ensure that there are no conflicts in the interestsIntroduced e-compliance e-enforce for bringing compliance through e-mode on various statutory related issues.Note- Please specify exact role whether the achievement is as a member of team or team leader or in any other capacity.