s. sampathkumar · s. sampathkumar brief overview: finance professional with general management...
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FLAT A 7 E, REGAL PALM GARDENS,
383, VELACHERY-TAMBARAM ROAD,
CHENNAI – 600 042.
PHONE: ++9144 42184364
EMAIL: [email protected]
S. SAMPATHKUMAR
BRIEF OVERVIEW:
FINANCE PROFESSIONAL WITH GENERAL MANAGEMENT CAPABILITIES WITH AN
EXPERIENCE OF OVER 29 YEARS.
OBJECTIVE
TO EXCEL IN THE FUNCTIONAL FIELD.
TO FUNCTION AND CONTRIBUTE AS A CORE MEMBER OF THE MANAGEMENT TEAM
SUMMARY OF
QUALIFICATIONS
B. COM.
F.C.A., F.I.C.W.A., F.C.S
B.COM – FROM THE UNIVERSITY OF MADRAS
PASSED IN THE YEAR – 1977
PASSED IN FIRST CLASS
CONSIDERED FOR MERIT SCHOLORSHIP
TO PERSUE FURTHER STUDIES
THROUGH MADRAS UNIVERSITY.
COLLEGE – A.M. JAIN COLLEGE
C.A. – PASSED IN 1981.
C.W.A -- PASSED IN 1981.
C.S -- PASSED IN 1987.
PROFESSIONNAL EXPERIENCE:
CURRENT:
Chief Executive Officer – South, Port Folio Financial
Services Limited. Working since 21st April 2010.
Work profile: Leading a Team and organizing Loans &
Credit Limits plus Private equity for Corporates.
ACHIEVEMENTS:
Obtained a Mandate of about Rs.2600 Crores during the last
seven Months from Chennai alone and also obtained
Sanctions and disbursements of over Rs.1000 Crores in Six
months.
Vice President – Corporate Finance, MARG LIMITED, one of the
Fast growing Infrastructure development companies, based in
Chennai, from 14th
July 2008 to 20th
April 2010.
Work Profile: Organizing Need based funds for the Group and
taking care of the Cashflow and Treasury functions of the Group.
ACHIEVEMENTS:
Funds Organizing
1. Organizing Funds for MARG at the most difficult times, as
corporate loans approximately amounting to Rs.257.5 Crores
• Rs.175 Crores from Punjab National Bank
• Rs.25 Crores from State bank of Mauritius
• Rs.25 Crores from Catholic Syrian bank
• Rs.20 Crores from Bank of Rajasthan.
• Rs.12.50 Crores from UCO Bank
2. Organizing Term Loans for Karaikal Port Private limited to
the tune of Rs. 345 Crores
Rs.175 Crores from Punjab National Bank
Rs.170 Crores from Allahabad bank
3. Organizing Rs.100 Crores Term Loan for Riverside mall Project from LIC Housing Finance-the first outside Housing Sector funding in Chennai region, by them
4. Organizing a working capital facility of Rs.100 crores from Allahabad Bank, for MARG.
5. Organizing a Bill discounting facility of Rs.20 Crores
from SICOM and Rs.5 crores from Pinnacle Finance.
6. Organizing Loan against shares from SICOM of Rs.10 Crores
7. Organizing Loan against shares as ICD of Rs.16 Crores
Cost Saving
1. Organizing Buyers’ credit for the Dredger in august 08,
resulting in savings of about Rs. 4 Crores
2. Organizing Buyers’ Credit at an overall cost of about 6%,
resulting in savings of about 7% on Rs. 48 Crores for one
year, approximately resulting in saving of Rs 3.35 Crores on
interest
Others: Organizing equity through QIP of about
Rs.106 Crores.
Vice President – Finance SUJANA GROUP OF
COMPANIES, CHENNAI from 14th
FEB 2004to 12th
July
08.
WORK PROFILE:
Organizing Need Based Working Capital for all the
group Companies – SUJANA UNIVERSAL
INDUSTRIES LIMITED, SUJANAMETAL
PRODUCTS LIMITED, SUJANA STEELS
LIMITED,VIJAY HOME APPLIANCES LIMITED
AND SRIGANGA STEEL ENTERPRISES P LTD.
Complete Restructuring of the Institutional Loans –
IDBI and IIBI
Head of Finance and Accounts of SUJANA STEELS
LIMITED AND SRIGANGA STEEL ENTERPRISES P
LTD BASED AT CHENNAI.
Meeting the secretarial requirements of Sujana Steels
Limited, Vijay Home Appliances Limited and Sri Ganga
Steel enterprises P ltd, Companies registered at Chennai.
ACHIEVEMENTS:
Converted the entire Working Capital Limits from Fund
Based limit to a LINE OF CREDIT FACILITY, with the
flexibility to use as both fund based and non fund based.
Converted the entire Fund Based exposure into a Non
fund Based exposure, thus effecting a huge savings in
finance cost.
Obtained increase in the WC limits from 87 Crores to
119 Crores in Sujana Universal and from 64 Crores to
500 Crores in Sujana Metal Products ltd and 115 Crores
for Sujana Steels Limited.
Completely restructured the Term Loans and the unpaid
interest to IDBI into various financial products like
Term loans, Funded Interest loans, CRPS, Equity etc
besides getting reduction in interest rate and getting the
repayment scheduled for over 15 years.
Obtained Waiver of unpaid interest Interest and
reduction in interest rates from 17% to 8% besides
reschedulement of dues of Industrial Investment Bank of
India.
Meeting all the statutory requirements and the deadlines
with respect to the closing of Accounts and other
secretarial Issues.
MANAGEMENT CONSULTANT – RAMBAL
LIMITED, CHAKRA ENGINEERING, TRAVERSE
ENGINEERING SOLUTIONS PVT LTD & I COM
SYSTEMS PVT LIMITED between AUG 2003 and FEB
2004.
WORK PROFILE:
1. ORGANISING NEED BASED WORKING
CAPITAL FACILITIES AND PROJECT
LOANS.
2. OVERSEEING THE FINANCIAL
PERFORMANCE AND REPORTING.
3. ORGANISING ORDERS FOR ENSURING
FULL CAPACITY UTILISATION, USING
INDUSTRIAL CONTACTS. ( FOR M/S
CHAKRA ENGINEERING)
4. TIE-UP SUPPLY SOURCES FOR THE
REGULAR INFLOW OF COMPUTER
COMPONENTS AND PEHERIPHARALS
AND ITS MARKETING THROUGH THE
RENOWNED CHANNEL BASE. ( FOR M/S I-
COM SYSTEMS PVT LIMITED) THIS IS,
AFTER HELPING IN THE FORMATION OF
THE COMPANY AND AFTER ARRANGING
MINIMUM WORKING CAPITAL TO RUN
THE BUSINESS.
ACHIEVEMENTS:
1. ABLE TO ORGANISE ORDERS FOR
NERALY 80% OF THE CAPACITY
WITHIN TWO MONTHS FOR M/S
CHAKRA ENGINEERING.
2. SETUP THE ENTIRE BUSINESS AND
FINANCE FOR M/S ICOM SYSTEMS PVT
LIMITED IN THE COMPUTER PARTS
DISTRIBUTION.
3. IN THE PROCESS OF GETTING A TERM
LOAN OF RS.1.50 CRORES AND
WORKING CAPITAL OF RS.1.25 CRORES
FOR ONE OF THE GROUP COMPANIES
OF M/S RAMBAL LIMITED.
FROM FEB 2000 – JULY 2003
GENERAL MANAGER – FINANCE – ALCAAST
INDIA LIMITED, SUBSIDIARY OF WELLWIN
INDUSTRY LIMITED, ONE OF THE LISTED
COMPANIES BASED AT CHENNAI FROM FEB 2000
– OCT 2001.
PROMOTED AS THE PROFIT CENTRE HEAD OF
THE IT PRODUCTS DISTRIBUTION DIVISION OF
WELLWIN INDUSTRY LIMITED DURING
NOVEMBER 2001.
RESPONSIBLE FOR MANAGING THE OVERALL
BUSINESS OF THE DIVISION WITH TIGHT
CONTROL ON THE FUNDS DEPLOYED AS
WORKING CAPITAL WHICH IS ESSENCE OF
THAT BUSINESS.
MANAGING 9 BRANCHES AND CONTROLLING
OVERALL STAFF COMPRISING OF FINANCE,
ACCOUNTS, MARKETING, PROCUREMENT,
LOGISTICS, SERVICE&TECHNICAL SUPPORT
OF AROUND 50.
TURNOVER ACHIEVED WAS AROUND RS.100
CRORES PER ANNUM.
LEFT THE COMPANY AS THE COMPANY HAD
SHIFTED ITS FOCUS ON CORE MANUFACTURING,
IN JULY 2003.
WORK PROFILE:
AS GM FINANCE:
1. ORGANISING NEED BASED WORKING
CAPITAL AND TERM LOANS.
2. SETTINUP SYSTEMS AND CONTROLS FOR
EFFECTIVE ACCOUNTING AND
MONITORING.
3. PROVIDE VALUE ADD IN PRODUCT COSTING,
PRICING AND IN MAKE OR BUY SITUATIONS.
4. COMPLYING WITH ALL STATUTORY
REQUIREMENTS.
ACHIEVEMENTS:
1. ARRANGED TERM LOAN OF RS.5 CRORES AND
WORKING CAPITAL OF RS.7 CRORES WITHIN
THE STIPULATED TIME FRAME.
2. COMPLETELY RESPONSIBLE FOR THE
TAKEOVER OF A BATTERY MANUFACTURING
BUSINESS FOR THE COMPANY WITH
COMPLETE BUSINESS AND FINANCIAL
ANALYSIS AND WITH SUGGESSIONS FOR THE
SUCCESSFUL IMPLEMENTATION OF THE
PROJECT.
3. INTRODUCED PRODUCT COST BASED ON
MARGINAL COST PRINCIPLES WHEN
CAPACITY IS ABUNDANT AND HELPED THE
MANAGEMENT IN EMPLOYING
OUTSOURCING TECHNIQUES IN VARIOUS
SMALL COPONENTS/JOBS RESULTING IN
HUGE SAVINGS IN THE SHORT RUN IN COSTS
AND LOWER MANPOWER FOR LONG TERM
BENEFITS.
AS PROFIT CENTRE HEAD OF THE COMPUTER
COMPONENTS DISTRIBUTION DIVISION:
WORK PROFILE:
1. ACHIEVING THE TARGETTED TOP LINE AND
BOTTOM LINE USING THE AVAILABLE
RESOURCES.
ACHIEVEMENTS:
1. DEVELPOED NEW VENDOR BASE LIKE
LG – FOR THE DISTRIBUTION OF
MONITORS AND STORAGE PRODUCTS,
CANNON- RANGE OF PRINTERS AND
SCANNERS AND TA BRAND OF
MEMORY MODULES, GIVING AN
ADDITIONAL TURNOVER OF RS. 3
CRORES PER MONTH.
2. SUCCESSFULLY UTILISED THE LC
FACILITIES TO CREATE LIQUID
FUNDS FOR USE WITH ADDITIONAL
CASH DISCOUNT, FOR ATLEAST TWO
MONTHS BEFORE THE LC IS TO BE
MET, THEREBY INCREASING THE
BOTTOM LINE.
3. CREATED ADDITIONAL BRANCHES AT
MADURAI, DELHI AND JAIPUR TO
INCREASE THE REACH, TURNOVER
AND COMPANY IMAGE AS A
NATIONAL PLAYER.
4. SUCCESSFULLY MANAGED AND KEPT
INTACT NINE VIBRANT MARKETING
MANAGERS AND THEIR TEAM, THREE
BUSINESS MANAGERS AND A
CORPORATE SERVICE SETUP WHEN
THERE IS A FLURRY OF
OPPORTUNITIES FOR IT HARDWARE
PROFESSIONALS AND MAINTAINED
TEAM SPRIT.
5. ABLE TO TURN AROUND THE LC
FACILITIES OF RS.8 CRORES AT
DISPOSAL FOR DOING THE BUSINESS
ATLEAST 12 TIMES IN A YEAR.
6. CREATING SYSTEMS FOR CHANNEL
SELECTION, CREDIT APPROVALS,
CREDIT LIMIT, CREDIT MONITORING,
SUPPLY DECIPLINE RESULTING IN NIL
BAD DEBTS.
FROM JUNE 1992 TO FEB 2000:
HEAD FINANCE & COMMERCIAL - TANYA
ELECTRONICS (P) LIMITED, MADRAS. –
MANUFACTURERS OF VARIOUS ELECTRONICS,
ELECTRO MECHANICAL AND AUTOMOBILE
COMPONENTS.
WORK PROFILE:
1. VIRTUALLY INCHARGE OF THE UNIT,
RESPONSIBLE FOR GETTING BUSINESS,
SELECTION OF VENDORS, CREATING
MARKET, ORGANISING NECESSARY
FUNDS TO RUN THE BUSINESS,
SETTINGUP QUALITY SYSTEMS AND ITS
IMPLEMENTATION, REGULAR FINANCIAL
CONTROLS AND SYSTEMS. COMPLIANCE
WITH STATUTORY REQUIREMENTS AND
MANAGING THE TEAM.
ACHIEVEMENTS:
1. ORGANISING BUSINESS FROM
WHIRLPOOL OF INDIA LIMITED, AS A
SINGLE SOURCE VENDOR OF A CRITICAL
COMPONENT, GIVING A TURNOVER OF
RS.2.50 CRORES PER ANNUM.
2. ORGANISING BUSINESS FROM M/S
INDRAD AUTO LTD, AGAIN AS A SINGLE
SOURCE, ANOTHER CRITICAL
COMPONENT USED IN THE WIPER
MOTORS OF MARUTHI VEHICLES.
3. GETTING VENDOR CODE FROM LUCAS
TVS LIMITED, ONE OF THE PRESTEGIOUS
ACHIEVEMENTS FOR ANY SSI UNIT, AND
GETTING REGULAR FLOW OF ORDERS.
4. EFFECTIVE TEAM BUILDING TO CATER
TO THE TECHNICAL REQUIREMENTS OF
THE PREMIUM CUSTOMERS.
5. ORGAINSING WORKING CAPITAL FROM
THE BANK, BILL DISCOUNTING
FACILITIES ETC TO MEET THE DEMAND.
FROM SEPTEMBER 1988 TO MAY 1992.
FINANCE CONTROLLER AND SECRETARY –
PANG RUBBER PRODUCTS (P) LTD. – A JOINT
VENTUE OF TVS GROUP, MADRAS AND TRUFLEX
CORPORATION, USA. ( A GROUP COMPANY OF
SWASTIK RUBBER PRODUCTS LIMITED)
JOINED ON 1-9-1988 AND INDUCTED INTO THE
BOARD OF DIRECTORS W.E.F. 14-03-1989.
DATE OF LEAVING: 30TH
MAY 1992.
REASON FOR LEAVING: FOR BETTER CAREER
PROSPECTS.
WORK PROFILE:
1. ESTABLISHING FINANCIAL SYSTEMS AND
CONTROLS.
2. PREPARATION OF BUDGETS AND MONTHLY
VARIANCE REPORTING.
3. TIMELY SUBMISSION OF MONTHLY MIS
REPORTS TO THE MANAGEMENT AND TO
THE US COLLOBARATORS.
4. EXERCISING RECEIVABLES AND STOCK
CONTROLS.
5. ARRANGING WORKING CAPITAL FUNDS
AND FUNDS FOR CAPITAL EXPENDITURE
PLANS AS AN ONGOING PROCESS.
6. CONDUCTING BOARD MEETINGS AND
GENERAL MEETINGS.
7. COMPLIANCE WITH ALL SECRETARIAL
FORMALITIES.
8. COMPLETE PROCUREMENT ACTIVITIES
AND DISTRIBUTION AND LOGISTICS
FUNCTIONS AS HEAD OF THE COMMERCIAL
ACTIVITIES.
9. LIAISIONING WITH THE AUDITORS AND
COMPLETING THE AUDIT IN TIME AND
REPORTING TO THE COLLOBARATORS.
ACHIEVEMENTS:
1. INCREASING THE WORKING CAPITAL
LIMITS FOUR FOLD WITHIN TWO
MONTHS OF ASSUMING OFFICE.
2. COMPLETELY COMPUTERISED THE
ENTIRE ACCOUNTING, INVENTORY AND
PAYROL PROCESS.
3. STRATEGISED AND ACQUIRED A
POTENTIALLY VIABLE SICK UNIT TO
SUPPLY THE BASIC RAW MATERIAL TO
THE COMPANY AS A SINGLE SOURCE
AND ALSO TO MANUFACTURE SIMILAR
END PRODUCTS UNDER A DIFFERENT
BRAND NAME, RESULTING IN HUGE
SAVINGS FOR THE PARENT COMPANY IN
TERMS OF RM COST AND DIRECT TAX
ES.
4. HELPED THE COMPANY TO ACQUIRE
ANOTHER UNIT TO EXPAND THE
BUSINESS WITH THE EXISTING
CUSTOMER BASE.
5. ENSURED ALL STATUTORY
COMPLIANCES UNDER COMPANIES ACT,
CENTRAL EXCISE, SALES TAX ETC ARE
TIMELY TAKEN CAREOF.
FROM MAY 1984 TO AUGUST 1988:
MANAGER – COSTING & ANALYSIS SWASTIK
RUBBER PRODUCTS LTD., PUNE.
JOINED AS NO. 2 IN THE FINANCE FUNCTION,
REPORTING TO DIRECTOR- FINANCE. LARGE
SCALE, NON-TYRE RUBBER COMPANY
BELONGING TO TVS GROUP.
TRANSFERRED ON PROMOTION TO ONE OF THE
GROUP COMPANY IN SEPT. 1988.
WORK PROFILE:
1. MAINTAING THE PRODUCT COST SHEETS OF
OVER 500 RUBBER COMPONENTS AND
HELPING MARKETTING IN APPROPRIATELY
PRICING THE PRODUCTS AND GETTING
ORDERS.
2. ORGANISING NECESSARY WORKING
CAPITAL.
3. MAINTANING THE ACCOUNTS AND
MONTHLY REPORTING IN TIME.
4. PREPARATION OF YEARLY AND MONTHLY
BUDGETS AND VARIANCE REPORTING.
5. COMPLETE INSURANCE MANAGEMENT.
6. ANALYSING AND MAKING “MAKE OR
SUBCONTRACT” DECISIONS.
7. CONTROLLING RECEIVABLES AND
MANAGING THE ACCOUNTS PAYABLES.
8. LIAISIONING WITH THE AUDITORS AND
COMPLETING THE AUDITS IN TIME.
9. LIAISIONING WITH IRBI AND IDBI.
10. ATTENDING BIFR BENCHES ON BEHALF OF
THE COMPANY.
ACHIEVEMENTS:
1. PRESCRIBING A SCHEME OF RESTRUCTING
ACCEPTABLE TO ALL THE STAKE HOLDERS
VIZ., THE COMPANY, CONSORTIUM OF
BANKERS, THE FINANCIAL INSTITUTIONS,
THE OPERATING AGENCY AND BIFR IN 1988,
WITHIN A YEAR AFTER THE FORMATION OF
BIFR, GIVING A FRESH LIFE TO THE
COMPANY.
2. ENABLING THE MARKETTING TO GET INTO
COMPANIES LIKE MARUTI UDYOG LTD. WITH
LOT OF INTERACTIONS WITH R&D AND
TECHNICAL TEAM TO DEVELOP
COMPONENTS AT COMPETITIVE PRICES.
3. INCREASING THE WORKING CAPITAL FROM
A LEVEL OF 50 LAKHS AS PROJECTED BY IRBI
IN THE TAKEOVER PROPOSAL TO RS.180
LAKHS, WITHIN THREE MONTHS OF
COMMENCING THE OPERATIONS.
FROM OCTOBER 1981 TO MAY 1984:
TUBE INVESTMENTS OF INDIA LTD., MADRAS.
A LARGE SCALE ENGG. COMPANY BELONGING
TO “MURUGAPPA GROUP” MADRAS.
JOINED AS “ASST. MANAGEMENT
ACCOUNTANT” ON 30-10-1981.
PROMOTED AS “FINANCIAL ACCOUNTANT” IN
NOVEMBER 1982
PROMOTED TO THE NEXT HIGHER GRADE IN
JUNE 1983.
RESIGNED IN MAY 1984 FOR BETTER OVERALL
EXPOSURE.
WORKPROFILE:
1. ORGANISING FUNDS FOR THE ENTIRE
COMPANY AND ITS SUBSIDIARIES.
2. PREPARATION OF MONTHLY MIS REPORTS
TO THE MANAGEMENTS WITH VARIANCE
ANALYSIS REPORTS.
3. ANALYSING ALL CAPITAL EXPENDITURE
PROPOSALS AS TO THEIR VIABILITY AND
NECESSITY AND PUTTINGUP BEFORE THE
CAPEX COMMITTEE.
4. FINALISATION OF THE ACCOUNTS AND
LIAISIONING WITH THE AUDITORS WITHIN
THE STIPULATED TIME FRAME AND
REPORTING THE RESULTS TO THE
COLLOBARATORS.
ACHIEVEMENTS:
1. SINGLE HANDEDLY CONVINCING THE
CONSORTIUM OF BANKERS CONSISTING
OF GRINDLAYS ABNDK, STANDARD
CHARTERED, HSBC AND STA BANK OF
INDIA IN GETTING THE WORKING
CAPITAL LIMITS INCREASED FROM RS.6
CRORES TO RS.13 CRORES, WHEN THE
GROUP WAS FACING A SEVERE FUNDS
CRUNCH DURING 1983.
2. PROVIDING ALL INFOTO THE AUDITORS
AND GETTING THE AUDIT COMPLETED
IN TIME.
FROM JUNE 1977 TO FEB 1981:
UNDERWENT CA PROFESSIONAL ARTICLESHIP
WITH M/S. KRISHNASWAY & RAJAN,
CHARTERED ACCOUNTANTS, MADRAS.
EXPERIENCED IN FINALSING AUDITS OF ASHOK
LEYLAND LTD DURING 1978 AND 1979 AND
MEETING THE TIME SCHEDULE.
STRENGTHS:
100% TEAM MEMBER. STRONG IN CONVINCING
THE SUPERIORS, PEERS AND THE
SUBORDINATES AND CARRYING THEM ALL
TOGETHER.
STRONG IN COMMUNICATING AND
CONVINCING THE BANKERS, AUDITORS,
CUSTOMERS, SUPPLIERS ON ALL ISSUES WHERE
THERE IS A PERSONAL CONVICTION.
PROFESSIONAL MEMBERSHIP
FELLOW MEMBER OF “THE INSTITUTE OF
CHARTERED ACCOUNTANTS OF INDIA”.
FELLOW MEMBER OF “THE INSTITUTE OF COST
AND WORKS ACCOUNTANTS OF INDIA”.
ASSOCIATE MEMBER OF “THE INSTITUTE OF
COMPANY SECRETARIES OF INDIA”.
LANGUAGES * ENGLISH & TAMIL: TO READ, WRITE &SPEAK.
HINDI AND MARATHI: TO UNDERSTAND AND
SPEAK.
COMPUTER LITERACY * EXPOSED TO “TALLY” ACCOUNTING PACKAGE.
CAN WORK INDEPENDENTLY ON MS-WORD,
MS-EXCEL, E-MAIL AND INTERNET
OPERATIONS.
PERSONAL: * MARRIED WITH TWO CHILDREN.
Son has completed his Masters Degree in electrical
Engineering in Texas, Arlington. He is a Green Card
Holder and is on the look out for a suitable opening at
the US.
Daughter is her first year in Engineering at ANNA
University, CEG, Guindy.
Wife is the home maker, though holds a Masters
Degree in commerce.
* Holding a valid Passport.
.
* DATE OF BIRTH: 4TH
JUNE 1957.
REFERENCE: * S.RAVIKUMAR.
EXECUTIVE ASSISTANT TO
MR.RAHUL BAJAJ, CHAIRMAN
BAJAJ AUTO LIMITED. PUNE.
M: 098905 00102.