Ramdas Prajapati

About Ramdas Prajapati

Finance Director having over 20 years of extensive Finance & Accounting experience in reputed IT Companies. Proven ability to improve operations, impact business growth, maximize profits through achievements in Finance management. • Managing the finance function of Software Product companies having SaaS-based deployment. Implemented SAP Business One for bringing scalable financial control on operations. Provided Dashboard to each business head to track their performance against budget. • End to end exposure of setting up business units in the form of subsidiary/branch in the USA, UK, Germany, Dubai, Singapore, and Australia. • Managing Budgets, Financial & Business MIS, Costing, Working Capital Finance, Statutory Audits, Interim Audits, Invoicing, Receivable Management (Contract to Cash), and Variable Pay Management. • Review of commercial of customer Contracts, Transfer Pricing Study, Statutory compliances of overseas entities, STPI & Custom compliance. • Finalization of Accounts of Indian and overseas entities in the USA, Australia, UK, Dubai & Germany. Managed statutory audits of companies in those geographies. Worked with Audit/Tax Firms such as KPMG, Grant Thornton, KNAV, Accelero Corporation, Kajaine, PKF, Desai Haribhakthi LLP, C.B.Chhajed & Co, and Patkar & Pendse, SKP, SP Shah, Dhruva Advisors LLP, Deloitte. • Managing Indian Statutory compliances such as GST, TDS, Income tax assessments, Appeals and Secretarial compliances, ESOP, board meetings, AGM, etc. • Exposure of managing surplus funds by investing it in various liquid funds/MIP, maintaining banking relations, booking forward contracts, and arranging for short Term and long-term borrowings. • Arranging working capital finance for US Subsidiary with the help of SBLC in the absence of any asset as collateral. Borrowing for an Indian company in foreign currency at a reduced rate of LIBOR plus 1.75%. • Maintaining VC relations and providing monthly/quarterly financials to them. Monthly presentation of MIS to investors. • Established financial and business metrics and presenting it to the executive team every month. It’s MOR (Monthly Operation Review). It includes the performance of each department against their budget. • Coordination across Sale, CSM & Delivery team for forecasted revenue based on signed contracts and sales pipeline. • Consolidation of multicurrency accounts in compliance with Indian accounting standards. • Coached and mentored a capable & cohesive result-oriented team of professionals to manage the business process.

Experience

1. Finance Director

   Seclore

   Apr 2021 — Present · Mumbai, IN

   Implementation of SAP Business One for bringing scalable financial control on operations. Provided Dashboard to each business head to track their performance against budget.\\\\n2. Coordination across Sale, CSM & Delivery team for forecasted revenue based on signed contracts and sales pipeline.\\\\n3. Working on the feasibility of Corporate Restructuring which will help us in the next big round of funding\\\\n4. Build a scalable Financial Model for investment bankers.\\\\n5. Managing Investor relations, Presenting monthly MIS to Investors.\\\\n6. Setting up process of Budgeting & Control\\\\n7. Established financial and business metrics and presenting it to the executive team every month.\\\\n8. Managing statutory compliance, Payroll, banking, Invoicing, Receivable, Accounting, Audit, Taxation of Parent company in India and Subsidiaries in the USA, Dubai, Germany & Singapore\\\\n9. Managing Secretarial Compliances, board meetings & AGM\\\\n \\\\n\\\\n \\\\n \\\\n\\\\n \\\\n

Education

• University of Mumbai

  B. COM, Accounts & Finance

  1991 — 1996

• ICFA University

  CFA, Finance

  2008