Shoyi K John
Head of Finance, Glafs @Godrej & Boyce Mfg. Co. Ltd.
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WORK HISTORY
Head of Finance, Glafs @Godrej & Boyce Mfg. Co. Ltd.
Mumbai, IN
Managed financial affairs, implementing strategic financial planning, forecasts, and management accounting reports to enhance decision-making.• Strengthened internal controls, ensuring compliance with statutory requirements and mitigating financial risks.• Maintained adherence to taxation and financial accounting standards for accurate financial reporting.
EDUCATION
University of Calicut
B.Com, Accounting and Finance
The Institute of Chartered Accountants of India
Chartered Accountant, Finance, Accounts, Auditing & Taxation
The Institute of Chartered Accountants of India
Masters In Business Finance, Business finance
SKILLS
ABOUT SHOYI K JOHN
A Chartered Accountant with 24 years’ experience in leading finance and accounting operations. Proficient in driving growth through innovative strategies, strategic planning, fund management, compliance, and process optimization.KEY PERFORMANCE AREAS• Achieved organizational growth and profitability through strategic financial planning and innovative strategies.• Developed comprehensive business plans and budgets that aligned with organizational objectives and profitability targets.• Conducted financial feasibility studies for new projects, leading to improved decision-making and the successful implementation of cost-effective ventures.• Established internal controls to ensure accurate financial recording and compliance with relevant laws and regulations.• Led risk assessment and mitigation efforts to safeguard financial interests, enhancing risk-aware decision-making across the organization.• Produced accurate financial reporting and conducted variances analysis, enabling informed strategic decisions.• Formulated and implemented effective accounting policies to maintain financial integrity and compliance.• Strategically allocated funds to ensure optimal resource utilization, resulting in increased working capital cycles and financial efficiency.• Spearheaded cost-saving measures, successfully reducing fixed costs while simultaneously boosting profitability.• Collaborated closely with statutory auditors and tax authorities to ensure strict adherence to relevant laws and regulations.SIGNIFICANT CONTRIBUTIONS• Exceeded financial objectives with high double-digit revenue growth, 36% net margin expansion, doubled EBIT, tripled ROCE & free cash flow, and achieved negative net working capital.• Ensured robust compliance and governance for long-term sustainability.• Strengthened teams, fostered talent growth, and spearheaded digital transformation.• Introduced EFQM framework for change management and performance enhancement.• Managed project cost control, including business model analysis and implementation.• Led adoption of Input method of revenue recognition (IndAS 115) for accurate reporting.• Established a finance department for Innovation Centre to meet organizational needs.• Directed Order to Cash Cycle operations, achieving substantial working capital reduction.
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