Sharrad Maheshwari

Key Profile • Institutionalise Financial Governance and Process • Driving a culture of Cost Optimization to meet EOM • Enabler for Business Growth and Profitability. • Stakeholder Management on Financial matters - Audit Committee, Holding Company , Statutory Authorities, Regulators

Key Profile • Manage Financial Book Closures and Audit • Regulatory and Internal Management Reporting. • Expense and Cost Management • Treasury , Accounting Operation and Taxation . • Technology enhancement in CFO function. • Admin & Infra management

Head of Insurance Accounting, Disbursement & Accounts Payable at Corporate Office. - Reporting to Deputy Director - Finance (Team Size -40 plus) Key Profile • Insurance Accounting, Taxation and Disbursement • Accounting as per US GAAP and IGAAP • Implementation of various new projects and systems such as Compensation Management System, , Service Tax project , Vendor Payment etc. • Ensuring various reconciliation controls - Sun GL accounting vs Policy admin system records – (Suspense –Deposit reconciliation, Policyholder Account balances, Refund payable, Commissions payable, Claims Payable etc). • Team management and development. • Life Asia & Group Asia – Policy Admin system implementation and transition

Key Job Assignments & Responsibilities Evaluate and documentation of all risks, controls and processes using extensively the audit tools like flow charts, narratives, risk matrix etc. . Major areas of audits – Remittance(Premium) Process, Sales Office Audit(Process and Compliance), Financial Management Audit(US GAAP, SOX, IRDA), Commission Process Audit

Key Responsibilities handled  Assist various clients in evaluating the overall adequacy and effectiveness of the internal controls systems and procedures to safeguard the assets and leading them to growth path in effective manner.  Preparing of the SOPs, Compliance manuals etc. for effective management of business and all its operations  Assisting in implementing all the Cost Reduction measures and process improvement.  Risk Assessment and controls  Clients handled :- Select Portfolio Servicing(SPS)–Progeon India (BPO), Gorkha Breweries Ltd (Nepal ), Bisleri International Private Limited (Delhi Unit), Ballarpur Industries Limited(Paper Industry), Convergys (Transportation cost Analysis). Whirlpool India Pvt Ltd (Internal Audit), Dabur Pharma (Internal Audit).

Role – Assistant Manager – Internal Audit Key Job Assignments & Responsibilities  Being an Unit Management Auditor of Cement Business-Marketing, exploring on continuous basis various possible areas of Cost reduction & Savings in grey areas of marketing such as Logistic, Advertisement, Sales schemes, Taxation etc.  Exploring into various systems, policies & procedures for further scope of improvements & plugging the existing loopholes.  Market assessment of West Zone & South Zone areawise, segmentwise & brandwise and is the part of the team, making marketing strategies for improving market share & profitability in Cement Business  Periodical analysis & reporting the suggestion on control aspect of Debtors , Inventory & Fixed Assets.  Successfully completed various other audit & investigative assignments of other group Companies namely Birla Sunlife Insurance Co., Birla Sunlife Distribution Ltd., Birla Mutual Fund Ltd., Birla Global Finance Limited,