Vikram Dua

cavikramdua@hotmail.com | +91-9560666835

Overview
• Accomplished, result oriented Chartered Accountant with extensive experience in developing and leading financial
strategies to facilitate corporate growth plans and profitability of business operations
• Proficient in managing full cycle of financial accounting, working capital management, credit control, finalizationof
accounts,budgeting, forecasting , financial analysis, reporting,commercial management, Financial Planning and
Strategy, productivity improvements,ERP implementation, formulating Standard Operating Procedures
• Implemented process improvements in the areas of Budgeting, MIS, Costing, Inventory Reduction, Treasury & Cash-
flow Management and Fund raising
• Successfully led high performance multicultural, multi location teams and implemented financial programs that
contributed to bottom line profitability and organizational growth

Professional Experience

Mangal Electricals Industries Pvt Ltd Oct ’21 to date

With a Annual Turnover of 300 Crores in the Business of Electrical Transformers
CFO
Reporting to Promoter cum Director; team size 8
Company turnover 300 crores
Software used: Tally
Also involved in Startup of IT – RAMS
− Banking , treasury accounting, financial reporting, funds raising, taxation, audits, monthly closing, MIS, preparation of
annual budgets, product wise /unit wise costing, working capital management
− Legal and secretarial Functions, legal recovery
Raised Funds to the tune of 6.50 crores thru govt schemes. Also Raised Working Capital Limits by 20% . Implemented
Unit wise / Product Wise /Month wise Profitability & Costing of the product .
Vogue & Velocity Group of Companies Sep ’19 to date
Government recognized clothing manufacturers, suppliers, based out of Africa and UAE; clients include Zara, Levis,
Bonaboss, Big Star, Walmart
Group Chief Financial Officer Achievements at Vogue
Reporting to the Promoter cum CEO • Secured working capital financing through an additional
Managing a team of25 across 4 companies and 3 countries line of credit of USD 7 Mn from Banque Misr in Egypt
– Egypt, Ethiopia & Dubai • Additional loans were raised against sales orders
Turnover handled 85 Mn USD • Secured a USD 20 Mn loan takeover by Dashen Bank,
Software used: ERP SAP Ethiopia from DBE at a 2% reduced ROI
• Raised 2 MN USD term loan from QNB , Egypt to pay
− Design corporate plans & strategy to improve bottom-line
Fixed Cost – a first
− Support decision-making for pricing, procurement
• Reduced inventory from 15 to 12 Mn USD in 4 months
− Monitor profitability, cash-flow parameters, variance • Negotiated with the govt to pay at leasdst 25% of dues
analysis and key financial indicators PA - outstanding reduced from 16 to 12 Mn USD
− Establish consistent business practices, enhance controls • Settled pending personal equity shares case in 3 months
for credit risks, manage business costs, budgets
• In Ethiopia, financial statements were prepared for the
− Liaise with bank for raising of working capital
first time as per IFRS guidelines
− Oversee books of accounts, AR / AR and inventories
• Undertook revaluation of assets in Ethiopia -increased
− Handle external / internal /tax audits with auditors to 2000 Mn Birr - created adequate reserve
− Overhaul the cost accounting system to improve margins • Closed Indian companies IT cases pending since 2014
− Formulate budgets, schedule expenditures and cash flows • Reduced ROI from Bank from 4% to 2.75%
− Handle direct & indirect corporate taxation • Resolved problems in SAP, saving 0.50 MN USD

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International Panacea Ltd Dec’17 to Sep’19
Company specializes in biological solutions for agriculture applications
Chief Financial Officer
Reported to promoter; managed a team of 10
− Secured a long-term line of credit from Kotak-Mahindra Bank on favourable terms & conditions
− Built a robust internal reporting system, implemented RAMCO ERP system across various functions of the company

Grasim Bhiwani Textiles Ltd Jan’16 to Dec’17

Company manufactures Polyester suiting and shirting under the brands GRASIM & GRAVIERA
Chief Financial Officer
− Handled finance accounts, purchase, legal, secretarial, stores, treasury & banking
− Designed, developed delegation manual for authorizing transactions in books, banks, SOPs for stores & accounts
− Turned around the unit from a negative to a positive EBIDTA
− Managed smooth financial transition of business from Aditya Birla Group to Donear group of companies

Continental Carbon India Ltd Mar’12 to Jan’16

A leader in the development and manufacture of furnace grade carbon blacks
Chief Financial Officer
− Augmented USD 4 Mn ECB & private equity; realigned the selling price of the products of company

Hitech Carbon, Renukoot (A unit of Aditya Birla Nuvo Ltd.) Jan’07 to Mar’12
GM (Finance & Commercial)
− Received the pride letter from COO for exceptional contribution in commissioning of power transmission line
− Member of high-powered team for auditing Columbian Chemicals prior to its acquisition by Birla Carbon
− Implemented SAP ERP system across all the functions of the unit

Apollo Tyres Ltd Jul’01 to Jan’07

Manager – Accounts & Finance
− Joined as Zonal Commercial Manager at Jaipur, promoted as head accounts for the plant at Vadodara, Gujarat
− Designed & implemented a scientific system for calculating the optimal sales price for each SKU
− Awarded certificate of excellence in recognition of outstanding performance by the CMD

DCW Home Products Ltd., Delhi Zonal Commercial Manager Sep’97-Jul’01

Reliance Industries Ltd., Delhi Dy. Manager – Accounts Nov’91-Sep’97
Thakur Vaidyanath Aiyar & Co., Delhi Articleship
Skills / Competencies
Financial Statement &Reporting
Education & Certification Financial Planning & Strategy
Chartered Accountancy - ICAI in 1991 , First Attempt Budgeting & Forecasting
Cost & Works Accountant (Final Group I)- ICWAI, in 1991 Treasury & Cash Flow Operations
Company Secretary (Inter) - ICSI, in 2001 Working Capital Management
Fund raising
Languages Known: English, Hindi Corporate Governance & Audits
Address: Flat No. 19114, ATS Advantage, Indirapuram, Controls & Risk Management
Ghaziabad-201014, India Direct / Indirect Taxation
Commercial operations
IT Skills
ERP (SAP – R/3) Package & RAMCO
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