Sandeep Patil
Chief Finance Manager @Indian Oil Corp Limited
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WORK HISTORY
Chief Finance Manager @Indian Oil Corp Limited
Bengaluru, IN
With over 18 years of dedicated service to India’s premier National Energy Company, I have held diverse and impactful roles that have shaped my career and significantly contributed to organizational success.Current Role – Chief Finance Manager, Karnataka State:As Chief Finance Manager, I oversee a financial portfolio with a balance sheet of ₹7,528 crore and annual revenue of ₹57,770 crore. Key responsibilities include:Strategic Financial Oversight: Driving fiscal discipline, optimizing profitability, and implementing cost controls for sustainable growth.Centralized Vendor Management, capitalization, banking & Product Accounting: Streamlining vendor activities and accuracy in product accounting processes, cashflow requirements.Financial Analysis & MIS Reporting: Delivering actionable insights to support strategic decision-making and enhance operational excellence.Past Roles :Internal Audit: Led initiatives to identify risks, improve processes, and enhance operational efficiency.Compliance & Risk Mitigation: Ensured strict adherence to policies and regulations, fostering accountability and minimizing risks.Treasury Management: Directed back-office treasury functions, focusing on optimizing cash flow and maintaining financial stability.Banking Activities: Centralized banking operations, integrating ERP systems, consolidating collections, and streamlining payments across a complex national banking network.Retiral Fund Management: Managed retiral fund portfolios exceeding ₹8,500 crore, serving as a trustee for additional funds totaling crore, safeguarding employee benefits and ensuring long-term financial security.International Operations: Managed import/export functions, including export packing credits, centralized claim lodgment, and insurance requirements, ensuring compliance with global standards.System Enhancements: technological innovations to streamline operations in retiral fund management, banking, export processes, insurance, and audits.
EDUCATION
Nasik
Bachelor of Commerce (B.Com.), chartered accountant
The Institute of Chartered Accountants of India
CA, Accounting and Finance
SKILLS
ABOUT SANDEEP PATIL
A results-oriented strategic finance leader with 18 years’ experience driving value creation and fiscal stewardship in one of India’s largest corporations. Proven track record in aligning financial strategy with business objectives to deliver sustainable growth, optimizing a ₹57,770 crore annual revenue operation and overseeing complex portfolios including treasury, risk management, digital transformation, and multi-billion-rupee fund governance. Expert at building high-performing teams and cross-functional alliances, championing transparency, corporate governance, and data-driven decision-making for holistic business impact.Adept at modernizing financial systems, embedding cost-efficiency, and leading transformative projects from digital collections to eAudit, while collaborating with executive leadership, the board, and diverse stakeholders to drive organizational vision and resilience. Passionate about social responsibility, workforce well-being, ESG advancement, and fostering ethical, stakeholder-focused financial cultures.
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