Chirag Khiwasara

WORK HISTORY

EDUCATION

ABOUT CHIRAG KHIWASARA

Strategic finance leader with 13+ years of experience across CFO leadership, corporate finance, mergers & acquisitions, financial controllership, andcapital management. Proven expertise in fundraising, EBITDA ownership, enterprise cash flow optimisation, regulatory compliance, riskgovernance. Strong track record of supporting business expansion, managing multi-crore budgets, leading audits and statutory compliances, andpartnering with Boards, CEOs, lenders, and investors to drive sustainable profitability and long-term value creation. Lead end-to-end financial strategy for the organisation, overseeing annual budgetsexceeding ₹140-150 crore in the span of 3 years and aligning financial plans with long-termbusiness objectives.Spearhead fundraising initiatives with banks and financial institutions, supporting debtstructuring, documentation, cash flow projections, and lender negotiations for facilitiesabove ₹60 Crore.Own enterprise-level cash flow planning, optimising monthly inflows and outflows across60+ operational cost centres to maintain liquidity and operational continuity.Drove EBITDA performance by closely monitoring cost structures, refining pricing inputs,and improving operational efficiencies—delivering ₹12–15 Crore year-on-year increase inabsolute EBITDA and expanding EBITDA margin from 7% to 11% within the first year.Evaluate new business opportunities, investment proposals, and expansion projects,preparing financial models with payback analysis, IRR estimates, and funding feasibility.Oversee statutory, tax, and regulatory compliances including Income Tax, GST, CompaniesAct filings, and audit coordination with Big-4 and external auditors.Establish enterprise risk management frameworks covering financial, operational, andcompliance risks, mitigating exposure across contracts valued above ₹400 Crore.Act as strategic advisor to the Board and senior leadership, presenting monthly MIS, cashflow forecasts, and performance dashboards supporting executive decision-making.Partnered cross-functionally with Operations, HR, IT, and Leadership to implement cost-saving initiatives totalling, improve employee retention through engagement programs andperformance frameworks, and strengthen cash-flow forecasting by optimising billingcycles, vendor negotiations, and working capital controls.Supported parent company initiatives across transfer pricing, international taxation, andbusiness development by preparing documentation, coordinating with external advisors,and providing financial insights to enable compliant and strategic growth.