Jugal Sahu

• Spearheading a team of 20+ members encompassing finance, accounts, and secretarial function across India & Overseas • Apprising on revenue and profit growth strategy techniques and methods across business verticals to achieve organization objectives • Developing & implementing systems, policies & procedures and strengthening various Internal processes with proper checks and balances for effective internal control and adoption of suitable accounting standards and policies best suit for the organization • Administering end-to-end finance functions such as monthly closing activities, MIS, financial reporting, quarterly and annual financial results, consolidation, income tax, GST matters and treasury management • Ensuring corporate governance, statutory and secretarial compliance • Monitoring internal audit, tax audit, cost audit, secretarial audit and statutory audit conducted by Big four audit firms • Establishing an effectual costing system to give a fair comparison of Estimated Cost Vs Standard & Actual cost and support pricing decisions • Showcasing leadership skills by providing guidance to entire team to deliver results more effectively & efficiently • Formulating need-based business strategies for maximizing profitability & revenue generation & realize organizational goals • Finalizing presentations on financial and allied matters every quarter and presenting to the Board of Directors Meetings • Formulating business plan, budgets and conducting variance analysis and implementing corrective actions • Strengthening systems and processes across various functions for optimization of working capital by Receivable management, inventory control and Payable management • Managing stakeholders & investors by updating with value relevant information, financial performance and outlook of the organization in quarterly earning calls and investor meetings

• Contributed in turning around the loss-incurring operations to a profit-making venture, generating a PBT of INR 1.8 billion in the year 2013-14, INR 1.6 billion in the year 2012-13 • Achieved annual savings worth INR 500+ million by de-bonding the EOU unit • Implemented ERP system & other reporting systems which helped the organization in tracking transactions and applicable compliances • Ensured appropriate availing and utilization of CENVAT credits, which saved over INR 90 million annually • Improved product profitability by 3% – 5% by adopting correct costing methods • Obtained favorable orders from Tribunals and High Courts on untenable demands and managed savings of INR 870 million • Devised a system for collecting statutory forms resulted in saving of INR 250 million • Arranged working capital needs of the company to the tune of INR 2 billion • Finalizing presentations on financial and allied matters every quarter and presenting to the Board of Directors Meetings

• Played key role in setting of Finance & Accounting function as it was a startup in India and monitored day-to-day accounts function • Led CAPEX and OPEX plan in green field development, acquisitions and setting up trading hub • Steered 4 statutory audits conducted by Big four audit firms for three business units • Recognized as the ‘best managed unit’ & rewarded with awards for best contribution to the business in the year 2009 • Awarded for adherence to best practices of group policies and procedures and fully corporate governance compliant

• Played key role in setting of Finance & Accounting function as it was a startup in India and monitored day-to-day accounts function • Managed CAPEX through ECB and ensured timely commissioning of the R & D Centre • Implemented FREDI reporting package for India operation & established transfer pricing policy & methodology • Award for outstanding contribution to the business during the year 2003 by the Directors • Successfully completed 6 statutory audits conducted by Big four audit firms • Drove all activities pertaining to successful merger of IVAX Pharmaceuticals with TEVA Pharmaceuticals for Indian business

• Played key role in setting of Finance & Accounting function as it was a startup in India and maintaining day-to-day accounts activities • Implemented Hyperion Reporting Package for Indian business and timely submission of MIS • Gained expertise on product costing, negotiation with contract manufacturers & improved gross margin • Performed effective computation of pricing of the product at all India level considering various variable factors

Effectively improved the branch performance and profitability by streamlining various processes; Resourceful in maintenance, finalization and completion of audit of group company accounts; Completed many tax assessments of group companies, individuals and trusts