Shahrukh Irani

Significant Highlights Heading Finance Function of Reliance Retail Ltd -Private Label Business (TO – INR 2,000 Cr~ USD 300 Mn). Key Responsibilities: • Strategic Business planning, Budgeting, MIS & Performance Critical analysis. • Financial & Operational Management. • Working Capital Management including Open to Buy (OTB)/ Inventory. • Internal Process Controlling – Continuous process Reviews, Optimization/ Modification & Implementation. Key Achievements: • Strategic – Private Label Business Model restructuring. • Financial Control & Automation – Developed Product Costing module to Improve Margin Control. • Operational – Reduction in Mark-down, Improved Margins, Cost reduction.

Significant Highlights Heading Accounts & Operations Function for HDFC Realty Business. Key Responsibilities: • Business planning, Budgeting, MIS & Performance Critical analysis. • Financial & Operational Management. • Operational Efficiency Improvements. • Internal Process Setting – Process Reviews, Optimization. Key Achievements: • Efficiency Improvement- Set-up Non-performance (NPE) evaluation process to improve overall performance. • Operational – Defined/ Set-up Performance based Commission policy rewarding performers thereby improve turn-over/ profitability. • Strategic – Revised Lead Generation & Review process as Head of Operations (Improved from 8% to 20%).

Significant Highlights: • Entrusted with Revamping & Strengthening Finance Function of Toys R Us Business across MENA Region. Key Responsibilities: Finance Head – Toys R Us Business: • Strategic Business planning, Budgeting, MIS & Performance Critical analysis. • Corporate Activities – Performance Reporting, Audits, Cash Flow Planning, Franchise agreement compliance's. • Financial Accounting & Commercial Controlling. • New Business Lines project modelling with critical analysis. • Open to Buy Limits Controlling, Inventory Audits & supporting Liquidation initiatives. • Internal Process Controlling – Continuous process Reviews, Optimization/ Modification & Implementation. Key Achievements: • Driven Cost control initiatives across business leading to significant Cost reduction/ Cost rationalization across functions. • Improved Financial & Commercial Controlling with adequate Risk mitigation. • Pivotal role in Inventory Controlling & Management across Business. • Set-up Performance Reporting system across Functions to monitor & review Achievement against Targets.

Significant Highlights: • Appointed Head – Finance, Lifestyle Business under brand TimeOut. • In Apr’09, appointed Chief Financial Officer of Hamleys Business in India - an exclusive franchise arrangement with M/s Hamleys, U.K. • In Jul’10, also appointed Head - Supply Chain for : Hamley's, TimeOut & Office Depot. Key Responsibilities: Chief Financial Officer – Hamleys Business • Strategic Business planning, Budgeting, MIS & Performance Critical analysis. • Corporate Activities – Performance Reporting, Audits, Cash Flow Planning, Franchise agreement compliances. • Financial Accounting & Commercial Controlling. • New Business Lines project modelling with critical analysis. • Open to Buy Limits Controlling, Inventory Audits & supporting Liquidation initiatives. • Internal Process Controlling – Continuous process Reviews, Optimization/ Modification & Implementation. Key Achievements: • Developed Dynamic Gate-keeper margin system to control margins, system now used across Reliance Retail. • Set-up Inventory Forecasting & Replenishment module, to ensure accurate ordering/ replenishment, thereby optimizing working capital requirement. • Driven Cost control/ Cost reduction initiatives across business leading to Rental reductions, Manpower & Support Function cost rationalisation. • Developed strong self-sustainable team to focus on Finance, Accounting & Business Controlling areas.

Significant Highlights: • Started the Role with immediate responsibility of setting up the Complete Finance Function. Key Responsibilities included Strategic Business Planning, Budgeting, & Business modelling for all brands. • Managing Financial Accounting, Costing, Resource planning & Treasury management. • MIS & Reporting systems set-up to ascertain brand-wise performance. Key Achievements: • Detailed Business Planning across all Brands of Murjani Group namely: Build-a-Bear, FCUK, Calvin Klein, Gucci, La Perla, Tumi Luggage, Jimmy Choo, e.t.c • Smooth setting up of Business Critical Functions, Policy structures & Financial Controls. • Set-up compliant processes to claim refund of “Special Additional Duty”.

Significant Highlights: • Strategic Business Modelling/ Planning, Budgeting, for Retail Venture of Welspun. • Financial Accounting, Commercial Controlling & MIS system set-up. • Corporate Activities – Board Reporting, Audits, & Resource Planning. • Project modelling with critical analysis for various New Retail Formats. • Product costing & pricing for all existing & New Product lines. • Internal Process Controlling – Continuous process Reviews, Modification/ Optimization & Implementation. Key Achievements: • Complete set-up of Retail Business Critical functions including Finance, Commercial, Treasury & Supply Chain Functions, IT Systems Set-up & Policy Structures. • Set-up MIS & Reporting systems for Retail & Distribution businesses. • Designed performance analysis reports to improve business visibility across functions. • Developed strong self-sustainable team to focus on Accounting & Business Controlling areas. • Turned around/ Improved Distribution business with debtors from over 150-200 days to less than 60 days.