A highly accomplished finance & business management professional and a down to earth, hands on, non-egoistic and principally driven human being. A team builder with strategic mindset, analytical thinking, quality conscious, eye for details, focused, determined, decisive and led by examples. Acted as a co-pilot, business navigator, growth catalyst, technology enabler & financial strategist with 25+ years of experience in medium & large manufacturing & service sectors with Indian & MNC Corporation- listed & unlisted across Healthcare, Metals, Construction & Engineering, Telecommunication, Pharma Ancillary & Paper. Demonstrated capabilities in managing rapid growth, P&L as well as turnaround, while keeping a close eye on governance & organizational development. Recognised for bringing significant value through superior governance, focused commercial guidance & strategic decision support. Apt in establishing business partnership, influencing decisions & developing actionable insights/recommendation to deliver stellar results. Outstanding leadership skills in strengthening stakeholder relations, people & organisation development, team skills & capability building, technology up-gradation, processes digitization & Improvements. Champion in driving revenue growth, improve profitability, leading growth initiatives, participating in business planning & strategic decision making with the CEO & the Board. Beside my career in finance, I am extremely passionate about sports & athletics that keep me fit & energetic. I am an avid reader with an interest in the ESG, economics, tax laws, technology, healthcare, education, animal welfare.

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CA SANJAY BOKADIA
Kandivali - East, Mumbai - India
Mobile: +91 9867374066 | Email: sanjaybokadia@yahoo.co.in
CFO | VP- FINANCE | FINANCE DIRECTOR
A highly accomplished finance & business management professional and a down to earth, hands on, non-
egoistic and principally driven human being. A team builder with strategic mindset, analytical thinking, quality
conscious, eye for details, focused, determined, decisive and led by examples. Acted as a co-pilot, business
navigator, growth catalyst, technology enabler & financial strategist with 25+ years of experience in medium
& large manufacturing & service sectors with Indian & MNC Corporation- listed & unlisted across
Healthcare, Metals, Construction & Engineering, Telecommunication, Pharma Ancillary & Paper.
Demonstrated capabilities in managing rapid growth, P&L as well as turnaround, while keeping a close eye
on governance & organizational development. Recognised for bringing significant value through superior
governance, focused commercial guidance & strategic decision support. Apt in establishing business
partnership, influencing decisions & developing actionable insights/recommendation to deliver stellar results.
Outstanding leadership skills in strengthening stakeholder relations, people & organisation
development, team skills & capability building, technology up-gradation, processes digitization &
Improvements. Champion in driving revenue growth, improve profitability, leading growth initiatives,
participating in business planning & strategic decision making with the CEO & the Board.
Beside my career in finance, I am extremely passionate about sports & athletics that keep me fit & energetic. I am
an avid reader with an interest in the ESG, economics, tax laws, technology, healthcare, education, animal welfare.
CORE QUALIFICATIONS
Finance & Business Consultant | Mumbai July, 2021 – Till Date
Currently working as part time/virtual CFO for SMEs & Start-ups in the IT, ecommerce, metals, engineering,
medical devise, marble stones & handicraft, including audit & tax advisor with a well-established CA firm.
Surya Hospitals Group | Mumbai July, 2020 – June, 2021
Group CFO
Leading chain of hospitals (Mumbai, Pune & Jaipur), providing healthcare services since last 35 years. Reported
to the Group CEO, worked with the MD & the board and directed a team of 10 (Direct Reports).
• Hired to lead growth, business restructuring & turnaround, improve cost & processes, implement governance
standards, strengthen decision-making process & streamlined finance, procurement, legal & IT functions.
• Supervised a team of 50+ person in finance & accounting, MIS & board reporting, financial planning, business
analysis, treasury, capex, taxation, procurement, supply chain, internal audit, RCM, legal, compliance & IT.
• Built a strong 2nd
line in finance, treasury, procurement and audit & assurance. Implemented risk & governance
framework, cost & pricing models, standardized/re-engineered financial policies, processes & controls.
• Developed and executed business recovery plan (new growth avenues, procurement efficiency, doctor’s fee
& SG&A cost) impacted by covid pandemic, resulted in recovery of EBITDA from 7% to 12% in 9 months.
• Managed annual budget and quarterly forecasts. Performed value added analysis on risk and opportunities
and presented options to the CEO & Sales team to make informed decisions, that delivered revenues & profits.
• Initiated & developed a detailed 3 years strategic business plan with setting targeted KPIs and goals for each
speciality/SBUs to double the revenue and EBITDA margin of 21% (FY22-24).
• Achieved cost savings: procurement US$615K, doctor fee US$370K & SG&A cost US$430K. Reduced rev
leakages: 0.3% (1.5), TPA disallowance: 1% (2.5), DSO 30 days (60) & inventory holding to18 days (35).
• Evaluated 2 O&M opportunities (Mumbai & Nasik), including high level business due diligence, market
feasibility & built detailed business models/plan to assess capital investment, growth and EBITDA earnings.
 P&L Ownership, Cost & Profitability Management
 Strategy Development & Execution
 Fundraising, Investment & Capex Management
 M&A, Business Restructuring & Turnaround
 Domestic & International Taxation
 Fiscal & Productivity Tood Design & Execution
 Organisation & Process Re-engineering
 Governance, Compliance & Risk Management
 Budgeting, Strategic Planning & Forecasting
 Controlling, Accounting & Financial Reporting
 MIS, KPIs Tracking & Business Analysis
 Internal Audit Plan & Program Management
 INDAS, IFRS, USGAAP, SOX/404 & IFC
 Talent Selection, Development & Retention

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• Developed risk based internal audit plan & programs, including finalisation of audit tools & methodologies.
Monitored audit quality & process effectiveness & achieved GRC score >85% for FY 20 internal audit review.
DPR Capital Advisors Pvt Ltd | Mumbai July, 2017 – June, 2020
Director & Managing Partner
Corporate finance advisory firm, serving clients in the areas of project funding, debt restructuring, M&A, DD, start-
up incubation, investment management, tax & outsourced CFO advisory. Led a team of 5 partners.
• Worked with start-ups & SMEs as finance advisor & consulting CFO in IT Product, IT Services, Food-Tech,
Health-Tech, Ferrous & Nonferrous Metals, Marble Stone, Real Estate, Engineering & Handicraft, etc.
• Delivered debt funding projects worth US$100 MM. Executed 2 SME IPO readiness projects, developed 14
project reports, developed business models for 15+ start-ups and executed 10+ cost optimisation projects.
• Delivered 50+ tax planning, structuring & advisory projects-Domestic & International Tax. Developed tax
efficient business model for an IT MNC, resulted in US$500K tax savings in withholding taxes.
• Assisted 15+ clients in streamlining accounting, financial reporting, MIS, financial planning, budgeting &
forecasting processes. Achieved annual cost savings for the clients in excess of US$ ~1.3 MM.
Indigo Metals Group | Mumbai Jan, 2013 – June, 2017
Group CFO
ISO9001:2008 certified manufacturer of copper alloys products, providing metallurgical solutions to ACR, Heat
Exchanger, O&G & Ship Building sector. Reported to the MD and directed a team of 12 (Direct Reports)
• Hired to turnaround business, lead debt restructuring, increase capacity utilisation, diversification into value
added products, optimise cost, improve processes, strengthen business planning & decision-making process.
• Supervised a team of 30+ person in finance & accounting, MIS, board reporting, costing, financial planning,
business analysis, treasury, capex, taxation, SCM, import, export, internal audit, legal, compliance & IT.
• Built a strong 2nd line team in finance, treasury & commercial operation. Streamlined commercial operation,
procurement/SCM. Implemented risk & governance framework & re-engineered financial processes/controls.
• Achieved increased capacity utilization to 61% (FY13: 40%). Improved price realization by 9% PKG by value
added products and pricing strategy. Reduced fabrication cost by 3.5% PKG (melting, extrusion & drawing).
• Partnered with MD by providing value-based consultation to achieve revenue growth of CAGR 18% for FY13-
17 to (FY13: 10%) and EBITDA margin 14% (FY13: 9%) by tapping new markets & value-added products.
• Implemented debt restructuring of US$8.5 MM. Slashed SG&A cost by US$850K. Reduced working capital
cycle to 30 days from 50 days. Reduced DSO to 40 days (70) and inventory holding to 7 days (15).
• Implemented cost accounting systems (product & batch costing). Led product diversification, develop product
pricing models, introduced contract manufacturing & job works and outsourced labour to increase productivity.
• Develop MIS systems, institutionalize FP&A processes and successfully handled VAT & income tax
assessment & litigation of last 5 years. Represented company with tax authorities to resolve pending litigation.
• Led business partnership and negotiated JV terms & business valuation, including transfer of business
undertakings to new JV, Mercure Metals & Alloys as going concern.
Fortis Healthcare Ltd | Bengaluru Dec, 2009 – Jan, 2013
CFO-West, South & East
Integrated healthcare services provider, with 4K operational beds & over 400 diagnostics centres. Reported to the
CEO, worked with COO, Board & Unit leadership team and directed a team of 8 (Direct Reports).
• Hired to lead integration of US$160 MM Wockhardt Hospitals M&A, drive growth through M&A & expansion,
improve profitability, restructure finance operation & strengthen business planning & decision-making process.
• Supervised a team of 150+ person in finance, accounting, MIS, board reporting, financial planning, business
analysis, treasury, capex, costing, pricing, taxation, internal audit, RCM, legal, compliance & IT.
• Built a strong 2nd line in controllership, treasury, FP&A & risk management. Implemented risk & governance
framework, cost & pricing models, standardized/re-engineered financial policies, processes & controls.
• Partnered with CEO by providing value-based consultation to achieve revenue growth of CAGR 30% for FY10-
12 to (FY10:12%) & EBITDA margin 15% (FY10: 11%) by expansion, new programs & cost & process controls.
• Raised funds of US$100MM for Wockhardt Hospitals acquisition. Led 10+ fund raising projects (US$10-50
MM) for new green field projects, capacity expansion & working capital needs.
• Successfully integrated Wockhardt Hospitals in record 3 months’ time. Led turnaround of 4 cash loss making
50+ bed hospital to EBITDA+ within 18 months. Executed JV with Cauvery Hospitals, Mysore.
• Slashed SG&A annual cost by US$3.5 MM. Reduced doctor fee by 1.5%, revenue leakages to 0.3% (0.7%),
TPA disallowance to 1.5% (4%), Inventory holding to 21 days (40 days) and DSO to 25 days (50 days).

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• Developed risk based internal audit plan & programs, including finalisation of audit tools & methodologies.
Monitored audit quality & process effectiveness & achieved GRC score >90% for audit review of 3 years (GT).
• Key team lead for business re-organisation, shared services, SGX REIT listing, Oracle & HIMS integration,
pathology and support services outsourcing, leasing of property & procurement of medical equipment’s.
Al Fara’a Construction & Industrial Group | UAE Sept, 2008 – Aug, 2009
VP-Group Finance & Head- Commercial Operation
11 SBUs - EPC, Real Estate, RMC, Electromechanical, Aluminium & Glazing Structures, Glass, Precast, Interiors,
Joinery & P&M. Reported to the CMD, worked with VC & directed a team of 10 (Direct Reports).
• Hired to lead group strategy & business planning function, transform commercial operation-tendering, bidding,
BOQ, procurement & project cost management and strengthen strategic decision-making process.
• Supervised a team of 25 person in group finance, corporate strategy, business & financial planning, expansion
& diversification, project commercial operation, tendering, contract negotiation & risk Management.
• Developed a 3 years strategic business plan. Streamlined BOQ preparation & cost estimation processes,
resulted in improved cost accuracy & margin forecast. Delivered US$0.5 MM SG&A cost savings.
• Instrumental in finalisation of labour contracts for 10+ large EPC projects. Implemented balance score cards
across the business functions and implemented business and process governance framework.
Head (DGM)-Corporate Finance & Accounts | Vodafone India Ltd | Mumbai July, 2006 – July, 2008
Telecom service provider with presence across 23 circles. Part of GBP 48 billion Vodafone PLC, UK. Reported to
the EVP-Corporate Finance, worked with the CFO for special projects and directed a team of 10 (HO Team).
• Acted as Group finance controller and responsible for the group finance, accounting, MIS & board reporting,
variance analysis, group consolidation & reporting (IGAAP, HKFRS & IFRS) and system, processes & policies.
• Leading special projects in the areas of M&A, PPA & business integration, capex control & reporting,
developing financial plans, product/plan pricing analysis and cost controls & optimisation projects.
• Core team member of Hutch-Voda US$20BN M&A deal. Successfully completed M&A integration in record 2
months’ time. Monitored US$50 MM capex per month (cell site), including timely capitalisation & reporting.
• Delivered consolidated group MIS reports by 3rd of the month end, consolidated IFRS financial statements of
48+ legal entities - LR by the 7th of quarter end and statutory audit by 15th of FY end. (PwC & Deloitte).
• Finalized 3 years consolidated USGAAP financial statements (FY2003-06) of Hutch planned IPO (48 legal
entities). Developed 20+ technical accounting analysis notes on IFRS & USGAAP on complex transactions.
Sr Manager-Corporate Finance & Accounts | Tata Communication Ltd | Mumbai May, 2005 – July, 2006
A global communication services provider. Listed on the BSE, NSE & NYSE (ADR). Reported to the VP-Corporate
Finance, worked with CFO on special corporate projects and directed a team of 5 (HO Team)
• Responsible for controllership, financial reporting-IGAAP & USGAAP, MIS, board reporting, M&A & business
integration, SOX, SEC reporting, FA controls & capitalisation, compliances & systems, processes & policies.
• Delivered the 50+WOS IGAAP & USGAAP consolidated financial statements, including preparation of 20F.
Resolved pending SEC staff queries related to FY2006 20F submission.
• Played lead role in M&A transaction and integration of Tyco and Teleglobe. Led the PPA & fair value
accounting, including recognition & valuation of intangibles and undersea cable network.
• Team leads for planning & implementation for SOX project. Initiated and directed the activities associated with
Sarbanes-Oxley Section 404 certification of internal control environment.
ACG Worldwide | Manager-Corporate Finance & Accounts | Mumbai Sept, 2002 – Oct, 2004
Mahadev Paper & Deccan Flora base Ltd | Manager-Finance & Accounts | Mumbai Jan, 1995 – Sept, 2002
Sampati Lal Bohra & Co, Chartered Accountant | Article Clerk | Udaipur Oct, 1991 – Sept, 1994
Education Chartered Accountant, Institute of Chartered Accountants of India, New Delhi-India 1997
Bachelor of Commerce (B. Com), Mohan Lal Sukhadia University, Udaipur- India 1991
(Throughout 1st Class, Achieved Distinctions & Participated in NCC, NSS & SUPW)
Systems/Skills Financial Systems: SAP, Oracle, MSNAV, Hyperion, HIMS, Tally, QuickBooks & MS Office
Languages English (Advanced), Hindi & Marwari (Native), Gujarati & Marathi (Basic)
Interest ESG, Economics, Tax & Fiscal Laws, Healthcare, Education, Animal Welfare & Networking
Notice Period 30-45 Days (Negotiable)
Professional References Available from all ex-reporting managers, BIG4 audit partners & CXO professionals
LinkedIn Profile https://in.linkedin.com/in/cfosbokadia/