1. CA HIMANSHU SHEKHAR
C/1602, PARKWOODS, G B ROAD, THANE – 400 615
Mobile: +91-90049 51001: Email: email@example.com, firstname.lastname@example.org
Performance-driven Finance Professional offering insightfulexperience and knowledge; seeking a challenging
assignment in the Middle Management level in Finance in a reputed organization.
1) A Chartered Accountant with rich experience of handling Treasury and Forex Front office functions, Internal Control
and MIS & Budgeting in large organizations.
2) Proactive and highly dedicated professional.
3) Effective time management and prioritization abilities with a track record of excellence in planning, performance and
4) A team leader possessing outstanding communication, inter-personal skills and excellent multitasking and
administrative ability; sharp analytical mind-set.
Hindalco Industries Limited – An industry leader in aluminum and copper, the metals flagship company of the Aditya Birla
Group is the world's largest aluminum rolling company and one of the biggest producers of primary aluminum in Asia
Working as Manager: Apr’10 – till date
Treasury Operations Copper (Manager Apr’14 Onwards)
Raising fund and managing the loans portfolio of the Company, by evaluating a basket of borrowing options, at optimal
interest costs within the P&B.
Setting up of new banking lines to meet the increase in working capital requirement of the unit.
Execution of necessary agreements for fund based and non-fund based facilities sanctioned by various banks and
ensuring compliance with the terms and conditions thereof.
Trade finance includes import payments against Letter of Credit, direct remittance as per contract, arranging buyer’s
credit, supplier’s credit, discounting of local bills & letter of credits and factoring of receivables.
Monitoring and review of Export transaction. Ensuring timely submission of Export documents on discount or collection
basis in bank. Availing packing credit loan in USD and INR currency against export orders.
Monitoring of Bank limits utilized against the entitlement with each bank and ensuring that the overall borrowings of
the company are as per the approved board limits.
Dealing with all major banks like SBI, ICICI, HDFC, Axis, Yes, Kotak, CITI, BOA, SCB, HSBC, Credit Agricole , Deutsche,
DBS, Barclays, BNP Paribas, Westpac, ADCB.
Ensuring statutory compliancesi.e. FEMA compliance, submission of Bill of entriesto Authorised dealer. Market Analysis
of Macro Economic Factors impacting Currencies and commodities
Supervise daily cash flow and ensure deployment of surplus funds and adequately plan for shortfall/ deficit funds on
daily basis and ensure Budgeting, proper accounting and internal control.
Work closely with the marketing and procurement team to process the collections as well as the payments side.
Obtaining variance for collection & payments and document the same.
Cash Flow Planning and Projection for three months.
Calculation of Drawing Powerforavailing short term borrowingsbased on the three months’ working capital projection.
Implementing new banking products/process to ensure efficient cash management at minimal costs.
Ensuring correct accounting of disbursement and servicing of loan month on month basis.
Review monthly interest cost of Suppliers credit/ Buyers Credit /PCFC and working its provision.
Preparation of monthly report on fund based and non-fund based limit utilization
Review Bank Reconciliation on monthly basis for CC and Current Accounts maintained with Banks.
Co-ordinate and ensure all open item are booked and cleared on month to month basis.
Arranging periodically Balance Confirmation, Bank Statement and Bank Advices for accounting.
Forex Risk Management (Assistant Manager Mar’11 – Mar’14)
Market Analysis of Macro Economic Factors impacting Currencies and commodities
Evaluating Short Term and Long Term exposures
Hedging for the Time Lag exposures through Offset Hedging Model
Hedge the payments related to Capex imports as per the company policy
Devising hedging plan to cover the Short and Long term exposures with the view to protect budgeted margins
Undertake the transactions based on approvals from the management by keeping a close watch on the market.
Monitoring the positions
Ensuring fulfillment of all the statutory and regulatory compliances
Credit Risk Profile of the counterparty
Look for new avenues and come up with new ideas in order to hedge the financial risk of the company.
Work closely with legal team to have all the ISDA agreements with all banks in place to enable long term hedges.
Implementation of new Risk Management Software.
2. Internal Control & Audit (Assistant Manager Apr’10 – Feb’11)
Assist and coordinate in developing Annual Audit Plan
Assist in carrying out special reviews on Cost assurance
Evaluate and recommend improvementsto the effectivenessof agreed policies, proceduresand operationsin achieving
the organization’s agreed objectives.
Ensure timely preparation / submission of audit reports to area owners for appropriate implementation of the agreed
Tracking and monitoring of the implementation of the recommendations
Reliance Industries Limited (Fortune 500 Company) India’s largest private sector enterprise whose activities span Oil & Gas
E&P, Petroleum Refining & Marketing, Petrochemicals, Textiles, Retail and SEZs
Worked as Assistant Manager in Oil & Gas E&P business Apr’07 – Mar’10
Preparation and review of 4 year Projected Final Accounts (Cash Flow, Balance Sheet & Profit/Loss A/c)
Daily Review of actual Cash Flow w.r.t. different projects
Preparation of Weekly and Monthly MIS including all relevant details such as Capex, Cash flow Planning, Profitability,
Commercial & PSC issues of the E&P business as a whole
Submission of Weekly Production & Revenue figures of various Profit Centres
Preparation of Monthly Cash Flow Projections based on current planned drilling & seismic acquisition operations.
Providing future commitments details of Top Vendors for deciding the LC discounting limit with various banks.
Preparation of Foreign Currency wise cash flow to enable Corporate Treasury dept. for hedging of currency in order to
achieve optimum effect of exchange fluctuations.
Leading the team for getting cash flow projections from SAP & BIW system in a realistic manner.
Reviewing the details from SAP regarding payment to vendors via bank, LC & ECBs and linking the same in Daily Capex
Preparation of Seismic & Drilling budgets and monitoring the same on the monthly basis against actual expenditure
Consolidation of Annual Budget based on Seismic & Drilling Plan covering Minimum Work Obligation of different blocks
Reviewing the Annual Budget against the Actual and preparing the balance estimate for the balance year
Analyzing the Seismic & Drilling Service Cost and reporting the anomalies while booking the expenditure in incorrect
Tracking of commitments made in SAP vis-à-vis budget.
Material Management Aspect:
Analysis of inventory of entire E&P business
Preparing Ageing of Inventory & report the same on weekly basis to concerned depts.
Review of purchase requisitions w.r.t. Inventory and suggesting optimum utilization of Inventory.
Review of shelf life of the inventory & reporting to Management for proper action i.e. either to return to vendors or
initiating action against vendors to replenish the expired materials.
Reviewing of non-moving stock and intimating Management for proper action to be taken
Monitoring the Inventory booking in books of account i.e. to ensure booking of inventory in correct Profit centers.
JV Accounting Aspect:
Preparation of Joint Interest Billing (JIB)
Preparation of Cash Call Statements for the JV Blocks to demand the share of funds.
Preparation of budgets on the basis of the work plan approved by the Asset Managers for each block and reviewing
Replying to the queries and Correspondence with the DGH, MopNG and Partners.
Review of AFE w.r.t approved work plan and actuals.
Checking the accruals and estimate details received from Accounts Payable Team w.r.t actual work done
Coordinating for the posting of accruals and estimates into the SAP.
Workings for the Notes to Accounts to be attached with the Annual Report of the Company.
Reviewing the terms and conditions mainly related to cost quoted by the vendor, payment related terms, tax
implications before acceptance and release of purchase orders.
Working with SAP core team to resolve various issues related to projects, budgets cash flow and account related issues
3. Chartered Accountancy : November, 2006 (First Attempt) with 62% marks
B Com : July, 2002 from Patna University with 77% marks
Operating System : Windows 8.1
Software Packages : SAP (R 6.2), Oracle 11i (GL AP & AR), MS Word, MS Excel, MS Power point
(Office 2013), Tally 7.2, Tally 9.0
Article ship Training
With M/S SINGHANIA AGRAWAL & CO. a leading Chartered Accountant Firm in Patna from February 2004 to February
Major Assignments: Preparation of Project Reports for Loan Appraisal purpose for companies having turnover more than
Rs. 50 crs, Statutory, Internal and Tax Audits of Companies
Date of Birth : Oct 05, 1980
Father‘s Name : Sh. Anil Kumar Sinha
Sex/Marital Status : Male/Married
Date: (HIMANSHU SHEKHAR)