Presentation is loading. Please wait.

Presentation is loading. Please wait.

SUNIL NAYAK CFO – MANUFACTURING SECTOR CFO – MANUFACTURING SECTOR CHIEF FINANCIAL OFFICER – ACC LIMITED.

Similar presentations


Presentation on theme: "SUNIL NAYAK CFO – MANUFACTURING SECTOR CFO – MANUFACTURING SECTOR CHIEF FINANCIAL OFFICER – ACC LIMITED."— Presentation transcript:

1 SUNIL NAYAK CFO – MANUFACTURING SECTOR CFO – MANUFACTURING SECTOR CHIEF FINANCIAL OFFICER – ACC LIMITED

2 Turnover (Sales) of the Company in Rupees: Turnover (Sales) of the Company in Rupees: Rs.9439 cr Net worth of the Company: Net worth of the Company: Rs. 7563 cr Market Capitalization of the Organization: Market Capitalization of the Organization: Rs. 21345 cr Note: 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.

3 KEY 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 Companys 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. Responsible for overall ACC finance, controlling and accounting activities, support the Managing Director in formulating the business plan of the Company consistent with the Companys 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.

4 MAJOR ACHIEVEMENTS- As a Team Leader Centralisation of payments – centralising all the accounts payable and processing of bills in our Shared Services Centre. 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 mandatory The Company opted for publishing consolidated financial results even for limited review and quarterly results giving more information than what is mandatory Implemented intranet web enabled travel and expenses portal to standardise submission and processing of all employee related payments / claims Implemented intranet web enabled travel and expenses portal to standardise submission and processing of all employee related payments / claims Risk coverage – centralised insurance coverage and adopted latest insurance products like mega risk insurance policy etc Risk coverage – centralised insurance coverage and adopted latest insurance products like mega risk insurance policy etc Abolished Consortium arrangement and went in for multiple banking arrangement Abolished Consortium arrangement and went in for multiple banking arrangement Implementation of Governance, Risk and Compliance tool (GRC) – automating and strengthening of IT controls through SAP Implementation of Governance, Risk and Compliance tool (GRC) – automating and strengthening of IT controls through SAP Motivated the talented finance personnel by equating their packages in line with the Industry Standards Motivated the talented finance personnel by equating their packages in line with the Industry Standards Implemented 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 Implemented 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

5 MAJOR ACHIEVEMENTS Involved 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 companys initiatives in India. Involved 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 companys 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. 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 organisation Implementation of Fraud Risk Management in the organisation Introduced 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 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 purposes Introduced Land Acquisition policy with the procedures to be followed for acquisition of lands for putting up plants, mining and other purposes Introduced 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 interests Introduced 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 interests Introduced e-compliance e-enforce for bringing compliance through e-mode on various statutory related issues. Introduced 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.


Download ppt "SUNIL NAYAK CFO – MANUFACTURING SECTOR CFO – MANUFACTURING SECTOR CHIEF FINANCIAL OFFICER – ACC LIMITED."

Similar presentations


Ads by Google