`CA Deepak Pathak

[DOB 11th July 1987]

[Mobile: +91- 9711710740]
[E-mail: [email protected]]
[Address: Majestique Citi, Wagholi, 412207]

PROFILE SUMMARY

 Chartered Accountant (11+ Years): Proven expertise in all areas of finance, including taxation, accounting,
budgeting, controlling, and consolidation.
 Strategic Planning & Reporting: Championed the development and execution of accurate and timely
quarterly/annual closure processes, ensuring adherence to listing requirements and delivering clear financial
statements for diverse stakeholders.
 MIS Reporting & Analysis: Developed and implemented strategic MIS reports focusing on cost and
productivity, providing valuable insights for management to optimize operations and drive profitability.
 Financial Expertise (IND-AS, IGAAP, IFRS): Successfully navigated complex accounting and financial
reporting challenges, ensuring compliance with international accounting standards.
 Executive Communication: Effectively communicated complex financial information in clear, concise, and
compelling presentations to senior management and board members, facilitating a strong understanding of
financial performance to support strategic decision-making.
 Financial Planning & Budgeting Expertise: Demonstrated proficiency in financial planning and forecasting,
ensuring alignment with strategic objectives.
 Treasury Management & External Relationships: Cultivated strong relationships with banks and
consultants, optimizing financial resources and securing favorable financing terms.
 Deal Execution & Strategic Growth: Possesses experience in Mergers & Acquisitions (M&A) activities,
contributing to strategic growth initiatives.
 Regulatory Compliance & Risk Mitigation: Ensured adherence to RBI, Transfer Pricing (TP), FEMA,
EOU, Customs, and DGFT compliances, mitigating financial and operational risks.
 Risk Management: Conducted in-depth analyses of income statements and balance sheets to identify
variances and potential risks. Developed and implemented proactive strategies to mitigate risks and ensure
financial stability.
 Business Acumen: Leveraged strong financial data analysis skills and business acumen to gain
comprehensive insights into organizational and sub-divisional performance. Utilized this knowledge to
identify and address potential risks with timely and effective strategies.
 Financial Leadership & Mentoring: Led and mentored high-performing finance teams exceeding 15
members, fostering a collaborative environment and driving exceptional results.

ORGANISATIONAL EXPERIENCE

[GM Accounts & Finance] [Feb’23-Present, Kirloskar Ferrous Industries Ltd.]

[Intro: Earlier known as ISMT Lt, Specialized Seamless Metal Tubes, Now Part of the Kirloskar Group]

 Developed and implemented Management Information Systems (MIS) to streamline internal reporting,
ensuring alignment with financial reporting requirements.
 Led the consolidation process for annual and quarterly financial statements for ISMT with 10 domestic and
international subsidiaries, adhering to listing requirements.
 Oversaw tax audit and GST audit preparations for both standalone and domestic subsidiaries, ensuring
compliance.
 Spearheaded the data submission process for a successful merger application with SEBI and NCLT for ISMT
Ltd., demonstrating strong understanding of regulatory procedures.
 Executed a comprehensive componentisation and revaluation exercise for all plant assets, collaborating
effectively with auditors to finalize the process.
 Managed the financial reporting and auditing of 6 trusts and 1 society, showcasing expertise in diverse
accounting contexts.
 Championed the development of a new ERP system, defining requirements and leading user acceptance
testing, ensuring a smooth implementation.
[DGM Accounts & Finance] [Sep’19-Jan’23, Dreamplast India Pvt. Ltd.]
[Intro: Part of Italian Group “Sunino SPA” & Global Toy Manufacturer for esteemed clients Ferrero, IMC,
Hamleys & Artsana]

 Established and implemented robust MIS reports for P&L and B/S analysis, identifying variances from budget
and recommending improvement strategies.
 Effectively managed investment and working capital needs, controlling finance costs through negotiations
with banks and alternative financial arrangements.
 Spearheaded initiatives to ensure on-time recoveries from customers and government departments, including
GST, PSI, and other tax refunds & incentives.
 Finalized annual product cost sheets and negotiated raw material compensation based on cost overruns
compared to sales price.
 Analyzed product-wise inventory consumption to identify slow-moving items, scrap, and implement cost-
recovery mechanisms.
 Prepared cost center wise budgets and evaluated financial and costing profits, providing valuable insights to
the board for management reviews.
 Established a robust internal control framework (IFC) across all departments, ensuring adherence to policies,
procedures, and budgetary limits.
 Implemented regular compliance monitoring to safeguard company interests, ensuring timely closure of legal
cases with the best possible outcomes.
 Developed strategies to ensure foreign exchange transactions reflect the best company interest using hedging
and forward contracting.
 Led the successful implementation of enterprise-wide projects like ERP and Business Intelligence (BI)
systems.
 Provided guidance on direct/indirect taxes, customs, FEMA, and GST, effectively challenging assessments
when necessary.
 Ensured smooth implementation of new regulatory requirements like e-invoicing, e-way billing, MEIS
applications, DGFT filings, and TDS changes.

Achievement:

 Led a cost-saving initiative during the COVID-19 pandemic, successfully reducing fixed costs by 18%
through collaborative efforts with management.
 Recovered a significant amount of outstanding tax refunds: Rs. 6 Crore PSI refund and Rs. 12 Crore GST
refund, improving cash flow.
 Secured an additional Rs. 7 Crore funding from MNC banks without additional security, demonstrating strong
negotiation and financial relationship management skills.
 Developed a 5-year annual plan aligned with the company's vision and mission, ensuring efficient resource
allocation for future growth.
 Proposed and initiated the de-merger of two distinct business segments, optimizing resources and operational
focus for each unit.
 Successfully concluded long-standing Transfer Pricing and Excise open cases with authorities, and finalized a
three-year VAT assessment with no financial liability, saving the company significant resources.

[Assistant Manager Accounts and Finance] [Nov’15 to Aug’19, LG Electronics India Pvt. Ltd.]
[Intro: South Korean Multinational manufacturer of Consumer Electronics and Home appliances]

 Executed timely monthly and quarterly closing schedules, ensuring accurate and efficient reporting of global
financial signals and KPI parameters.
 Finalized departmental budgets, tracked variances against budgeted numbers, and identified areas for
improvement.
 Reviewed and analyzed MIS reports related to production, planning, maintenance, and quality, recommending
actionable improvements.
 Prepared and presented periodic Management Review Meeting (MRM) reports, providing insights to
management.
 Approved accounting entries for business travel, labor costs, overheads, and fixed assets, ensuring adherence
to company policies, empowerment rules, and tax regulations (direct and indirect).
 Prepared and presented business segment-wise manufacturing statements and major expense analysis reports,
providing valuable insights to management for informed decision-making.
Achievement:

 Implemented a comprehensive management dashboard for real-time monitoring of 30 key financial signals
and KPIs, promoting data-driven decision-making.
 Received recognition for incorporating 5-year forecast data aligned with management's vision, replacing the
3-year annual budget plan, and enabling strategic long-term planning.
 Identified and implemented cost-saving initiatives, resulting in annual savings of Rs. 70 Lacs through
optimized casual manpower billing and zonal electricity consumption monitoring.
 Effectively coordinated with internal audit, cost auditors, and HQ auditors, ensuring timely completion of
internal, statutory, and tax audits.
 Established five new signal reports across all manufacturing plants to monitor utility consumption, clearance
costs, and supplier performance, enabling proactive performance improvement.

[Assistant Manager Finance and Accounts] [Aug’14 to Oct’15, SMR Automotive, Thailand]
[Intro: Part of Motherson Group Auto component manufacturer based in Thailand]

 Prepared and finalized monthly trial balances, sales reports, inventory reports, and day 1 & day 7 financial
statements for timely management review.
 Ensured timely and accurate filing of direct and indirect tax returns (VAT, Income Tax) in compliance with
all applicable regulations.
 Successfully implemented accounting controls for SMR Thailand, adhering to country-specific rules and
regulations.
 Proficient in partnering with IT and finance teams to implement and leverage the Hyperion Financial
Management Consolidation System, contributing to efficient financial consolidation processes.

Achievement:

 Received recognition for successfully developing and leading the accounting and finance team for SMR
Thailand.
 Contributed to the consolidation of 42 entities for SMR (Turnover INR approx. 12,000 Cr.), demonstrating
proficiency in managing complex financial consolidation processes.
 Prepared MIS reports and participated in testing Hyperion mapping for these entities, showcasing strong
financial reporting and technical skills.
 Liaised effectively with various entities to support new developments, highlighting excellent communication
and collaboration skills.
 Performed audits and analyses of financial statements in accordance with country-specific accounting
standards for SMR Thailand.
 Investigated financial statement variances and effectively communicated observations, demonstrating strong
analytical and problem-solving skills.

[Audit Manager] [Dec’12 to Jul’14, P.R. Mehra & Co, Delhi]

[Intro: Delhi based firm having 90 years of audit, consulting & experts services experience]

 Conducted statutory and internal audits for service and manufacturing companies, focusing on strengthening
internal controls and improving year-end reporting accuracy.
 Evaluated internal control procedures and prepared audit reports, identifying weaknesses and recommending
actionable improvements for enhanced financial governance.
 Prepared and finalized balance sheets for companies and partnership firms, ensuring accuracy and adherence
to statutory compliance requirements.
 Performed comprehensive account book reviews to verify compliance with regulations.
 Effectively planned and managed internal, statutory, and external audits, ensuring timely completion within
budget constraints.
Achievement:

 Regularly represented P. R. Mehra & Co. at audit committee meetings, fostering strong client relationships
and providing valuable recommendations to enhance their financial controls and reporting processes.
 Conducted quarterly asset and inventory verification for the Motherson Group, identifying and mitigating
potential risks for improved financial resilience.
 Led internal audit and assurance service engagements for the Motherson Group and other clients (including
Calsonic Kansei Motherson, Magneti Marelli Motherson, and Motherson Sumi Systems Ltd.), demonstrating
a strong understanding of diverse industry best practices and risk management frameworks.

EDUCATION

[2018] Dip IFRS Certificate from KPMG

[2013] Chartered Accountant from ICAI, New Delhi
[2012] Company Secretary (Inter) from ICSI, New Delhi
[2007] Master of Commerce from RMLA University with 63%

SKILLS

 MS Office Suite and Internet Applications.

 Finsys, QAD, MFG-Pro, Oracle, Empro, Citrix, E-biz, SAP FICO and Other ERP Systems.
 Hyperion, Power BI and Tableau