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PROFILE_SUMMARY_-_MITHIL_OZA[1]

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PROFILE_SUMMARY_-_MITHIL_OZA[1]

  1. 1. PROFILE SUMMARY MITHIL PRAMOD OZA ≈ CHARTERED ACCOUNTANT OF MAY 1997 BATCH (16 Years) ≈ 14 Years of Top Management Experience ≈ Hard Core Exposure of Financial and Operational Restructuring. 9 Operational and Financial Restructuring (4 Europe, 1 East Asia, China & Russia, South Africa). ≈ Wide Industrial Exposure – Worked with 8 different line of industries at various level. ≈ Worked on 4 different ERP system overseas. Exposure of Transition of the Accounting and Operational System to ERP, Implementation and System training and Generation. AREA OF EXPERTISE & EXPERIENCE Top / Senior Level Management & Decision Making 13-1/2 Years + ( 8-1/2 yrs at International level) Accounts 18 Years + (6 Years on International level & 9 Years at Higher Management Level) Finance, Banking & Treasury (Fund Management) Restructuring and PE Funding 17 years + MIS & System Development 18 years (12 years at Top Level & 6-1/2 + on international Level)+ Sales and Marketing Decision and Policy Making 10-1/2 Years (5 Years International included 3 years at Europe)
  2. 2. Resources Management 13-1/2 Years + ( 6-1/2 yrs at International level) Budgetary Control and Costing 14 Years+ Secretarial Work About 11 month INDUSTRIAL EXPOSURE  MEDIUM HEAVY ENGINEERING (in Electrical Panels, Semiconductor and Hydro Electrical Power Generation Plant),  GARMENT MANUFATURING (100% Export Oriented Unit)  AUTOMOBILE SUPPORT INDUSTRIES (Bearing Manufacturer),  PHARMACEUTICALS,  CHEMICAL AND FOOD INDUSTRIES (with 17 overseas subsidiary offices over the globe).  SERVICE INDUSTRIES (CPA Firm and other)  PAINT, RASIN, ADDISIVES AND CONSTRUCTION CHEMICALS Briefing on Area of Expertise 1. SENIOR LEVEL MANAGEMENT EXPOSURE: No of Years: 13-1/2 Years (5 Years of at national Level including about 7-1/2 Year at International plat form) Area of work exposure: Decision Making on MNC, Take over - Merger, Marketing Strategy, Take or leave sales deal, New Joint Venture opening etc. ; Organizational restructuring and redefining the Reporting System; Production Planning , Vendor Search and New Product introduction to the management and Study of Supply Chain criteria to guide the team members to establish the concept properly and work on the same, Financial Restructuring and Planning; Decision on key area related to Balance Sheet finalization (in India and overseas), Legal and HR matters, Appointing Distributor Chain and Key Person in Management.
  3. 3. 2. ACCOUNTS: Area of work exposure:  Supervision of Day to day accounts.  Finalization of Accounts India & Overseas in line with the Accounting Standard and GAAP  Dealing with Statutory Auditors at Various countries (17 Countries).  Preparation of Monthly / Quarterly P & L & Balance sheet and Presentation to Management.  Various Controls over AR, AP & Expenses.  Providing data enabling to decide tender prices for International bid.  Preparation and Signing the JV accounts and observing the Audit across the globe Overseas Exposure: Worked on the various International Accounting Software e.g. SAGE (UK), PASTEL(SA), MARINO ERP (SPAIN), QUICK BOOK (USA & MEXICO), TALLEY (INDIA), and other tailor made software. An exclusive exposure of 2 Years in European Offices UK, Spain, Italy, France & Germany. 3. FINANCE, BANKING & RESTRUCTURING, FUND MANAGEMENT (TRESURY), CROSS BORDER BORROWING : Area of work exposure: National and International banking and Finance by way of arranging the finance from bank for various countries in Europe, East Asia, India and China. An exclusive exposure of 2 Years in European Offices UK, Spain, Italy, France & Germany for Financial Restructuring and Revival of existing Production Facilities of Value added products. Finance arrangement In India and overseas for Long term and Working Capital finance. Worked on more than 75 successful financial long term and short term projects in India, and 7projects in Europe including UK and Spain.
  4. 4. Profile in the Area: with the position of Group CFO / CEO at corporate office with the responsibility to control the Finance & Fund position for 18 overseas subsidiary companies. As an added profile taking care of three Businesses promoted by ROHA Promoters. (Industrial Cable, Filter Press and Food Ingredients) and in India with following objective: a. Optimum utilization of the fund available in the offices. b. Arranging the short term loan for the Subsidiary offices. c. Minimization of Interest on loan with a mix of different mode of Finance. d. Monitoring the fund position of the entire operation. e. Arranging the fund for various take-over and buy back deals. f. Financial Restructuring and revival package for the Bought out New Businesses g. Preparation of JV agreements, supervision of Diligence Audit, Preparation of the Frame work for the Take Over & Merger/ JV / Buy Back options. 4. MIS AND SYSTEM DEVELOPMENT: Area of work exposure: Study of MIS reports received from overseas offices, plant, HR, dispatches, Purchases, Account and finance and put forward the summary report on the same in form of the Chairman or Director along with suggested comments on decision to be taken for management approvals. Submission of MIS reports to the European Head Office on Indian Continant Business Development and future Strategy to make good and more business. An exclusive 4 Years exposure in European Offices UK, Spain, Italy, France & Germany. Contribution in the Area of System Development and MIS:  Developed (in India and Overseas) various program of Cost Control /monitor, Production Plan, Sales and Financial Analysis, Sample Tracking System, Costing to get maximum output through the data available and the reports can constructively used for decision making for Pricing, Stock Control etc.
  5. 5.  System development on other area of management as well like Batch traceability, Customer Service etc.  Worked on the Mapping of Expected reporting requirements for Group as a whole to introduce ERP system in the organization and the suggestions given were appreciated and incorporated in the application.  Supervision of Transition activity for ERP on a Global Platform.  Developing a Strong Supply chain to reduce the stock holding by 60%.  Implementation of the Strong Supply Chain for various industries and Countries resulted in a big reduction of Interest cost and stock holding. 5. SALES AND MARKETING: Area of work exposure: International Market exploration for Food Color in Europe, Asia and South Africa. To finalize the deal with the end customer for various products keeping in mind the Product Basket with the maximum margin. Dealing with various multination companies (Coca Cola, Pepsi, Heinz, WILD, Nestle, Unilever, etc) for Sales, Production and dispatch related issues. Attended various International exhibition in for Food industries International Food Ingredient Exhibition (France – Paris) European Sea Food Exhibition (Brussels – Belgium) and International Sweet Manufacturers Exhibition Colone – Germany) Exploring the new customer for value added product. Educate the existing customer to use the upgraded version of the product to give an attractive appearance to their product by presentation and discussion. Exploring the possibility of New Market where the product of the company can be sold at a premium price. Exposed to Marketing in India for Overseas MNC company’s Specialty Products by adding Indian Big Corporate in the Customer List by introducing the planning and support to the customer stock level whereas the knowledge of Academic Back Ground supported to a great extend. This helped to improve the sale of the company in 4 folds in 4 years.
  6. 6. 6. RESOURCE MANAGEMENT (PRODUCTION AND STOCK MANAGEMENT): No of Years: 13-1/2 Years (6 Years of at national Level including about 6-1/2 Year at International platform, including and exclusive exposure of 4 Years in European Offices UK, Spain, Italy, France & Germany). Area of work exposure: Supply chain management, Vendor Development, Production planning by keeping in mind maximum utilization of the plant capacity and availability of raw material. Internal movement of the stock between warehouse and branches to avoid the additional production and transportation cost. HR and Legal clearance for Plant and New Ventures, Working on Own Production or Job Work Decision making at International and National Level. 7. BUGETORY CONTROL AND COSTING Decision making work on cost structure and Production pattern to optimize the Cost of Production and Increase the out put by 20 to 25% within the same set of Equipments. Changing the Buying pattern and production process whereas the cost of Production reduces. Exposure of Costing and Production pattern Setting in Europe, East Asia, Africa, China and India with Chemical, Food Color, Ink & Resin Industries. 8. ONE TIME ASSIGNMENTS a. Take over and Buyback & Restructuring (with in India and Overseas) Mmber of team for take over of a pharmaceutical company and there after handled following projects single handed or as a team leader on take over and buy back of shares on an international platform. Handled 3 deal for buy back of Joint Venture Partner (UK, Spain & HK), 3 Deal of Take over (Indonesia, South Africa & UK). Analysis for take over proposals on hidden liability, fund position, legal aspects, comments on ratios etc. Negotiation for price on restructuring share holding pattern. b. Energy Conservation works Handled the project of Wind energy power plant, conversation from Oil heated Furnace to Gas fired furnace.
  7. 7. c. Financial Restructuring, Expansion Plan and Establishing New Plant On a National Platform worked on an expansion project by way of putting new plant and machinery for Bearing and Garment Industries. On an International level worked on various expansion projects for establishing the plant at South Africa, Thailand, Spain, UK and Indonesia. Restructuring of European Operation. Objective was to make them financially feasible to give the return on investment expected by management. 9. Secretarial Work Preparation of Agenda for Board Meeting, Attending the AGM and preparation of Notes. Resolution drafting, preparation of minutes of meeting etc. PERSONAL & CONTACT DETAILS First Name : MITHIL Family Name : OZA Father’s Name : Mr. Pramod Date of Birth : October 24, 1970. Marital Status : Married – (Two Childs) Nationality : Indian Permanent Address : D – 404, Link Palace, Sai Baba Complex Goregoan East – MUMBAI - INDIA Cell No +91-09702920562 E-mail : mithilpoza@gmail.com Strengths :  Excellent Communication Skill  Hard Working  Strong Determination power and self confident  Broad minded  Helping nature
  8. 8. Hobbies : Travelling Swimming Reading Extra Activities :  Attended three days seminar on Merger, Amalgamation & Takeover at The Nirma Institute of Management, Ahmedabad.  Senior Division N.C.C. [National Cadet Corps] Certificate in Naval Wing.  Participated in different activities of N.S.S. [ National Services Scheme ] Professional experience at A Glance Organisation Activity Business Position Duration Posted At POST QUALIFICATION (Chartered Accountancy) Neelikon Food Dyes and Chemicals Ltd Food Color Manufacturer Rs 200 Cr CPO Jan 2015 – Till Date Reporting CMD Mumbai Worlee Chemie India Pvt. Limited Navi MUMBAI 100% Subsidiary Manufacturing Company of Worlee GbmH 85 Million U.S. Dollars (Rs. 550 Cr.). CEO 1st Sept 09 – Dec’ 14 Reporting to: Group CMD at Germany Navi Mumbai Maharashtra – India Roha Dyechem Pvt. Limited MUMBAI World’s Second Largest Food Color Manufacturing Company 38.71 Million U.S. Dollars (Rs. 275 Cr.) for Indian Unit & around USD 100 Million all over Globe. Total Business Turnover under responsibility – INR 432 Cr. CFO (Started as AGM Finance) 15th October 03 – 31st August 2009 Reporting to: Group CMD Mumbai Maharashtra – India
  9. 9. Deputed as European General Manager For a period of 1-1/2 years from July 07 to Feb 09 Placed at Caldicot (UK). Samvid Engg. Bearing Manufacturer 40 Crore INR Sr Executive Finance June 2001 – Oct 2003 Placed at Ahmedabad D.G.Patel & Co. Dar-es Salaam Tanzania Leading CPA Firm in Dar –es- Salaam, Audit & Feasibility Report Manager – Audit & EDP 2 Feb. 2001 – 26 April 2001 Dar-es- Salaam Tanzania Jyoti Ltd. Baroda, India. Light & Medium Engineering Manufacturing Company. 37.00 Million U.S. Dollars (Rs. 175 Crores) Asst. Manager (Finance) Two Years (Jan. 4th, ‘99 – 20 Jan ‘01) Baroda Gujarat India Vogue Garments, New Delhi, India. Export of Ready- made Garments. 6.50 Million U.S. Dollars (Rs.25 Crores) Manager (Finance & Account) One & Half Year (10th May ‘97– 15th Dec. ’98) New Delhi India PRE QUALIFICATION (Chartered Accountancy) Elbee / UPS Services Ltd. Ahmedabad India World Wide Courier Service 50.00 Million U.S. Dollar (Rs.200 Crores) Branch Accountant Six Month (15th June ‘96 – 31st Dec. ‘96) Ahmedabad India G.A. Seth & Co. Ahmedabad India Chartered Accountant Firm A 25 year old Practicing Chartered Accountants Firm Audit- Assistant One Year (1st June ‘95 – 31st Mar ‘96) Ahmedabad India

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