Lalit Kumar Singal
CFO at Macleods Pharmaceuticals Ltd, Marathon Runner
MACLEODS PHARMACEUTICALS LTD.•Mumbai, Maharashtra, India
View LinkedIn ProfileExecutive Overview
CORE COMPETENCIES :- • Handling of Finance Shared Services (Accounting of India Operations & Foreign Subsidiaries). • Handling of Accounts Finalization - Standalone & Consolidation. • Handling of In-house Payroll Department including retiral benefits for 18k plus employees. • Experienced as Head of Plant Finance & Accounts Department. • Experienced as Head of Finance & Commercial – Marketing Operation. • Dealing with Statutory Auditors and ensuring achievement of closing timelines. • Putting SOPs (including Internal Financial Controls) in place and ensuring its compliance. • Coordination of Merger & Acquisition and Business Development Activities. • Dealing with banks / financial institutions for working capital limits and loans. • Strong administration, communication and negotiation skills. • Confident and flexible and can adapt to any situation. CAREER PROFILE :- • Supervision of Finance & Accounts function including Finance Shared Services. • Coordination with Manufacturing & Other Locations and Subsidiaries for financial accounting. • Finalization of Standalone & Consolidated Accounts and dealing with Statutory Auditors. • Ensuring timely completion of audits & submission of periodic accounts / reports in time. • IFRS (Ind-AS) Implementation. • Preparation of Budget & MIS and Mid Term Plan. • Preparation & Compliance with SOPs (including Internal Financial Controls over Financial Reporting). • Handled full cycle of Merger & Acquisition activity. • Providing of support for In-Licensing / Out-Licensing / Acquisition activities. • Completion of USGAAP & Local GAAP Accounts in addition to Indian GAAP. • Liaising with Banks and Government agencies (including ROCs) in the different countries. • Supervision of Secretarial Department and ensuring timely filing of statutory returns. • Handling of Public & Rights Issues. • Handling of Term Loans from Financial Institutions and Working Capital Limits from Banks. • Supervision of operations of In-house Payroll Department (including Retiral Benefits). • Supervision of Accounts Department of JV Company.
Career Timeline
- 2023–Present· 3 yrs 10 mos
- Group Chief Financial OfficerCurrent2023–Present
- Mar 2009–2023· 13 yrs 10 mos
- Sr. Vice President - Finance & AccountsMar 2009–2023
- Mar 2008–Mar 2009· 1 yr
- CFO - Engineering BusinessMar 2008–Mar 2009
- Nov 1999–Mar 2008· 8 yrs 4 mos
- Head - Finance & Comm.Deptt.Nov 1999–Mar 2008
- Oct 1996–Oct 1999· 3 yrs
- AGM-FinanceOct 1996–Oct 1999
- Dec 1992–Sep 1996· 3 yrs 9 mos
- General Manager, FinanceDec 1992–Sep 1996
Education
Chartered Management Accountant
CMA from CIMA, UKDiploma in International Financial Reporting from ACCA, UK
DipIFR from ACCA, UK