Hemant Mundhra



About Me

PROFILE SUMMARY

Results-driven finance management professional with more than 20 years of experience in all aspects of Financial Management, Budgeting and Forecasting, Corporate Finance, Product Pricing, in various industries. One who understand the business across all lines and focus on the bigger picture to identify opportunity and leverage value. An effective presenter with natural knack of simplifying complex matters

KEY SKILLS

- Business Strategy
- Operational Excellence
- Financial Management
- Financial Reporting (IFRS)
- Internal Controls
- Process Improvements -SOPs
- Profitability Improvement (EBITDA)
- Budgeting - Balance Score Card
- Financial Modelling
- MIS - ERP integration
- Team Management
- Strategic Financial Planning

CAREER HEADLINES (Last 10 years)

- With my first assignment post qualification, conducted audit review of Insurance Policies of Aditya Vikram Birla group, a reputed Indian business group, locked an agreed saving of USD 450,000 p.a. Thereafter, throughout my career, have grossed up saving and increase in Profitability of approx. USD 47.5m

- Successfully set up 'Standard Costing' based reporting mechanism for comparable precise performance with inventory level fluctuations from period to period and different reporting periods

- Contributed in full financial restructuring of debts and investments of the order of USD 10 Billion, as well as completed consolidation of accounts and drafts of 120+ Companies (15+ Holding Co. of 8 years).

- Arranged term loan of USD 800m to finance Project of Hot Rolled Coil manufacturing in Vashi & Mumbai. Directly dealt with financial institutions IDBI, ICICI, IFCI, and IFC World Bank for Project Finance arrangements.

- Managed Euro-Issue (Euro Convertible bonds) amounting to USD 125m. Prepared draft prospectus and completed due diligence exercise. Set-up Dubai regional office in 1999 and saved USD 1m p.a.

- Deliver close change management advice to the board. Advise from a commercial and strategic direction as to where the company needs to be focusing, to various companies I have worked


My Contribution

Everyone is Unique and Blockchain lets you Store it!
09 February 2022
Everyone is Unique and Blockchain lets you Store it!
Crypto - Learning & Earning
28 January 2022
Crypto - Learning & Earning
Priority Seat selection for a comfortable Tax Payment Journey
23 August 2021
Priority Seat selection for a comfortable Tax Payment Journey
Automotive Sector and VAT Available for Use but with VAT on Toll
11 July 2021
Automotive Sector and VAT Available for Use but with VAT on Toll
Input VAT Credit - Foundation stone of Value Added Tax
07 June 2021
Input VAT Credit - Foundation stone of Value Added Tax
Time Frame for Input VAT Recovery
03 February 2020
Time Frame for Input VAT Recovery
View More