E P JEEVAN BABU

JEEVAN1487@GMAIL.COM, 9500119787
ABOUT ME

I’m a smart, young and enthusiastic financial manager handling end-to-end project fund
raising and bank relationship management - Origination, Structuring, Collateral
Preparation, Due-diligence facilitation, Term-sheet negotiation, legal documentation,
compliance and closure

HIGHEST EDUCATIONAL QUALIFICATION Master of Management Studies,

BITS Pilani, 2004 -2009.

WORK EXPERIENCE SUMMARY Over 8 years ERP: SAP FICO

Organization:
 BGR Energy Systems Limited., Chennai (July’09 – Sep’13)
 Mytrah Energy India Limited, Hyderabad (Sep’13 – May’14)
 E.I.D Parry (India) Limited, Murugappa Group, Chennai (May’14 – Sep'16)
 Chemplast Sanmar Limited, Sanmar Group, Chennai (Sep'16 - till date)

Job Title : Joint Manager – Corporate Finance

Key Roles : Cash Management, Working Capital syndication and Management, Trade
Finance, Long term debt raising, FOREX, Hedging, Buyers Credit, Fund forecast, ECB,
Consortium Banking, Securitization, MIS, Compliance, Money Market, Debt Capital
Market, NCD, Credit Rating.

Roles & Responsibilities - Current

 Assess and tie-up of working Capital Limits.

 Preparation of CMA data, manage renewals and periodic reviews
 Syndication of long term funds.
 Formulate and implement strategies for cost reduction.
 Arrange for Supplier's and Buyer's Credit
 Co-ordinate revaluation of fixed assets, Title verification and security perfection
with secretarial and legal.
 Manage Merger and Demerger related approvals from lenders
 External credit rating - currently managing India Ratings
 Forex Management
 Compliances
 Audit co-ordination
 Relationship Management

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Roles & Responsibilities - E.I.D Parry (India) Limited

MONEY MARKET:
 Sourcing of Short term cheap funds through Commercial Papers.
 Sourcing of Long term funds through NCD s. (Non Convertible Debenture).
 Identifying potential investors.
 Negotiate and provide counter offers.
 Documentation & Compliance.
 Manage redemption and rollovers.

BANK FINANCE:
 Assess and tie up Working Capital Limits of the Company.
 Allocation of funds to factories spread across India.
 Prepare Cash Budgets and Stock Statements to arrive monthly Drawing Power.
 Alternate channels of sourcing, to reduce cost of funds.
 Effective utilization of funds by balancing profitability, liquidity & safety.
 Investment of Surplus cash in Mutual funds.
 Syndication of Long term Loans for Capex.
 Replacement of high cost long term loans with NCDs or a cheaper Bank loan, to
save substantial interest cost.
 Review of term sheets and negotiations.
 Quarterly Information systems – FFR 1 & 2 , Compliance of covenants &
conditions.
 Securitization & Perfection.

FOREX & TRADE:

 Circulation of daily market views.
 Booking of Forward contracts for exports on Underlying/PP basis, monitoring
volatility and FX fluctuations.
 Reporting unhedged foreign currency exposure.
 Establishment of Letter of Credit for import obligations as per UCPDC 600.
 Manage Acceptance/Payment of LC bills.
 Cancellation/Rollovers of expiring Forward Contracts, ensuring optimal losses,
watching spot and Cash spots.
 Execution of Bank Guarantees – Inland and Foreign.
 Compliance under FEMA regulations.

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SUGAR DEVELOPMENT FUND:
 Manage documentation, Proposal , certifications and securitization for
disbursement of Loan.
 Co ordination with IFCI, nodal agency of the Ministry of Consumer Affairs, for
disbursement of SDF.
 Execution of Bank Guarantees towards security.
 Monitor maturity of Interest/principal payments and satisfy the same.
 Arrange Utilization Certificates from respective Sugar Directorate /Statutory
auditors.
 Other Compliances.

MIS:
 Daily and Monthly Cash Flow statements of all units.
 FOREX Exposure – Hedged and Unhedged.
 Outstanding Working Capital Limits.
 Other Board related reports.

ACHIEVEMENTS:
 Inducted BNP Paribas to replace high cost loan of Rs 200 Crs , with savings of
200 bps.
 Ensured Interest subvention from GOI , for loan of Rs.250 Crs at 12% p.a.
 Reduced average cost of Borrowings to 9.7 % p.a. from 10.1 % p.a.
 Reduced transaction cost on FOREX by 50%.
 Effective monitoring and utilization of funds to balance profitability and
security.
 Built concrete rapport with bankers thereby ensuring operational convenience.

Roles & Responsibilities - Prior

Massive Power projects worth INR 25,000 Cr. both in thermal and wind constituting
my first two organizational work experience required huge limits of working capital.
Larger exposure to FOREX involved Buyers credit to enhance liquidity, interest
arbitrage and cash flow mitigation. Strategic hedging to eradicate FOREX fluctuation
risks was also part of my key responsibility.

PROJECTS HANDLED - EPC Power Projects

• 2 * 600 MW Kalisindh Thermal Power Project, Rajasthan.

• 1 * 600 MW Mettur Power Project, Tamil Nadu.
• 1 * 600 MW Marwa Power Project , Chattisgarh.

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 • 1 * 600 MW Chandrapur Power project, Maharashtra.
• 40 MW Wind Power Project , Burgula, Andhra Pradesh
• 100 MW Wind Power Project , Savalsang, Karnataka.
• 100 MW Wind Power Project , Vagarai, Tamil Nadu.

ROLES & RESPONSIBILITIES

TREASURY

• Determine/assess working capital requirement for the project & evaluate sources
of funding.
• Arrange Working Capital Limits.
• Review of term sheet and covenants.
• Negotiation on pricing, providing adequate security & documentation.
• Consortium arrangement & documentation
• Provide CMA data , Quarterly information reports, stock statement and other
compliances.
• Prepare Cash Budgets estimating drawing power.
• Effective utilization of funds by balancing profitability, liquidity & safety.
• Allocation of the funds amongst commitments.
• Monitor/Control project budget.
• Manage Investments.
• Manage receivables, payables.
• Extension/Revival of banking limits.
• Syndication of Short Term Loan.
• Manage Roll overs of short term loans/ buyers credit.
• Servicing of Demand Loans and Interest cost.
• Liaisoning with consortium bankers.
• Manage Credit rating.

FOREX

• Establishing Letter of Credit – Domestic and Foreign, understanding

INCOTERMS to protect company’s interest.
• Manage Presentations of Documents under LC, advice acceptance and
settlement.
• Bill discounting.
• Comply foreign currency remittances.
• Accounting FOREX transactions in SAP.
• Arrange Trade Credit – ECB, Buyers credit to mitigate cash flow/interest
arbitrage, roll over.
• Manage foreign currency inward remittance, Disposal/ compliance.
• Booking of forward contracts to hedge foreign currency exchange losses.

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 • Execution of Bank Guarantees to customers for advance and performance.
• Negotiating on Margin Money and Commissions.
• Reporting of BG s and LC s outstanding.
• Compliance of Foreign Exchange Management Act.

MIS – Sound knowledge in SAP FICO module – Accounting/Reporting

• Cash flow statement.

• Forex exposure.
• Project Budget - Variance reports.
• Credit exposure.
ACHIEVEMENTS

• Ensured turn around time for operational liquidity – working capital arrangement.
• Substantial reduction of cost by refinancing high cost debts.
• Apparent financial cost reduction by effective fund flow monitoring/control.
• Built concrete rapport with bankers – 30 banking relationships.

INTERNSHIPS & TRAINING

• Technip India LTD. - Jan’09 to july’09

• Hindustan Copper Ltd. - May’05 to July’05
• EXIM – CII , April 2016

PORTFOLIO MANAGED

Portfolio type Facility Size Currency

Non Convertible
Debenture 560 Cr INR
Debentures
Commercial Paper CP 700 Cr INR
Cash Credit /Over
Fund Based limit 2000 Cr INR
draft
Non Fund Based Limit Bank Guarantee 3200 Cr INR
Non Fund Based Limit Bank Guarantee 400 Mio USD
Non Fund Based Limit Letter of Credit 1500 Mio USD/Euro
External Commercial
FCDL/FCTL 30 Mio USD
Borrowing
Trade Credit Buyers Credit 150 Mio USD
Derivatives Forward Cover/IRS 100 Mio USD
Unsecured Loan Demand 750 Cr INR

PERSONAL DETAILS

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Mailing address : M 75/1, 31st Cross Street, Besant Nagar, Chennai - 90
Father’s Name : M Esakkimuthu
Mother’s Name : E Parvathy
Mobile : 9500119787
Blood Group : O +ve

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Mailing address : M 75/1, 31st Cross Street, Besant Nagar, Chennai - 90
Father’s Name : M Esakkimuthu
Mother’s Name : E Parvathy
Mobile : 9500119787
Blood Group : O +ve

*******************************THE END********************************

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