Gaurang Worah

About Gaurang Worah

Chartered Accountant with 21 years of Leadership experience in Finance, Business operations, Financial & Strategic Planning, Project Execution/Controlling, FP & A, Auditing, Risk Mgmt & Implementing Internal Control Assurance strategies & tactics that consistently surpass objectives- Handled business around $200M+ in multi-faceted roles while managing teams globally with Mega projects ranging $500M – $1.2Bn across India, USA, ASEAN & EMEA countries- USA Expat for 5 years & few other global assignments in France & Germany- Worked on P&L due diligence with BCG (USA)on M&A covering USA, France, Germany, India & China- Proven experience in Budgeting, Forecasting, Profitability & Cost Mgmt, Financial Modelling, Working Capital Mgmt, Statutory Compliance & Audits- Guiding teams through overall functioning of project finance controls, business processes, business expansion opportunities, managing all parameters to maximize Profit, Cash flows bringing productivity & implementing processes- Analysing financial & other data and reviewing management systems & programs for further improvements- Business Partnering - Demonstrated track record in maximizing business opportunities & consistently delivering business results, controllership & finance operations responsibilities. Strategic partner, planner & executer with experience in finance bid support, Project Execution, Project Finance Controlling, Project Review, Cost To Come, Opportunity & Risk mgmt, Cash flow, Claim mgmt and Designing & Evaluating Internal Control Systems towards the accomplishment of corporate business goals- Proven capability to independently drive financial results in highly complex & dynamic business environments using collaborative, influencing & insightful skills- Stake Holder Management - Successful track record of working with Group, Board, CEO’s & Top management team in planning & delivering business & finance goals- People Management - Transformation, building high performance team & organization, delivering operational strategy /execution, business turnarounds in challenging market environment to successfully deliver profitable growth, positive cash flow & significant shareholders value creation. Possess excellent communication skills & ability to build relationship with clients & colleagues in this virtual world- Key Skills - Business Partnering P&L ownership Stake Holder Management Financial Planning & Reporting Project Execution & Controlling Controls, Compliances & Processes Working Capital Free Cash Flow Mgmt Cross-Functional Team & People Mgmt

Experience

1. Division Chief Financial Officer (Sbu- CFO Electricals & Electronics)

   Godrej & Boyce Mfg. Co. Ltd.

   Apr 2021 — Present · Mumbai, IN

   P&L responsibility of 4 Businesses including 1 manufacturing site- Reporting to Group CFO & VP with 21 people reporting in finance- On an aggressive growth trajectory, it was important for me to infuse financial discipline across the board & strengthen compliance & controls- Streamlined & aligned the financial accounting & reporting of revenue recognition policy under AS 115 (POC basis)- Prepared & executed Strategic Annual Operation Plans, partnered with VPGM & the functions to drive strategic regional business initiatives connecting with financial targets to achieve expected KPI’s around VCM, Fixed Cost, OI & FCF- Monitored performance & introduced financial rigor to exceed AOP targets YoY every year- Set weekly key performance indicators on Revenue, Margin & Cash to ensure operations targets are met & ensured business continuity & liquidity for growth- Implemented weekly expenses review & enhanced collaboration with other functional leaders to ensure proper costs oversight & controls- Achieved 95% accuracy to profitability estimations- Stringent reviews enabling identifying & reducing cost leakage, procurement productivity with reports, as it goes, “What gets Measured, gets Improved” resulting to sustained Income growth with business turnarounds- Drove EBITDA & operating cash flow delivery through accurate forecasting & leveraging risks & opportunities- Improved & simplified finance processes & reduced internal reporting effort by 20% through work processes rationalization- Delivered cost reduction by optimising site expenses, employee productivity increase & effective cost deployment- Delivered significant improvements & turnaround in Working Capital, PD reduction, Bad debts recovery, Unbilled control & Inventory optimizations- Directed the complete finance cycle, including accurate forecasting, working capital control, deviation control, unbilled management, FCF management, Audit & Internal Controls- Building High Performing Teams

Education

• The Maharaja Sayajirao University of Baroda

  Master in Commerce ( I )

  2001 — 2002

• The Institute of Chartered Accountants of India

  CA

  1997 — 2003

• The Maharaja Sayajirao University of Baroda

  Bachelor in Commerce (Hons)

  1995 — 1998

Skills

• Mergers & Acquisitions
• Analysis
• Process Control
• Financial Forecasting
• Auditing
• Budget
• Business Strategy
• Financial Accounting
• Forecasting
• Managerial Finance
• Risk Management
• Financial Analysis
• Accounting
• Financial Reporting
• Budget Forecasts
• Business Planning
• Internal Audit
• Cost Management
• Cost Planning
• Strategic Financial Planning
• Mis
• Peoplesoft
• Project Management
• Cash Flow
• Budgeting
• Cost Accounting
• International Joint Ventures
• Due Diligence
• Budget Monitoring
• Target Costing
• Financial Audits
• Internal Controls
• Project Finance
• Cash Management
• Budget Reconciliation
• Management Information Systems (Mis)
• Leadership
• Budgets
• Finance