Susheel Todi
Chief Financial Officer at CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions Limited•Mumbai, Maharashtra, India
View LinkedIn ProfileExecutive Overview
A Chartered Accountant (CA) with 20 years of experience in global operations & financial management of multicultural & multinational set-ups. •Complete turnaround of Business which has resultant increase in Market Cap from Rs. 500cr to Rs. 33,000Cr. •Experience in completing the resolution plan under 7th June RBI Circular i.e Settlement of loan (15 Banks)&Brining in new investor (change in controlling stake) •Capability of driving & completing due diligence process i.e finance & Tax •Strong networking & relation with various public & private sectors banks •Efficient & Effective cash flow management under the highly stress working capital situation •In-depth understanding of financial policies and process of Manufacturing, Capital and Construction sector. •Efficient capital structure to create economic value for shareholders •Providing timely business support (organic and inorganic Growth) by raising the fund thru various sources •Maximization of return of capital employed (ROCE) thru efficient working capital management •Highly experienced in formulating strategies, financial planning, financial reporting (Standalone & Global consolidation of more than 50 subsidiaries located in different continent), business analysis, balance sheet restructuring and management review and evaluation of business processes, implementing internal controls and taking corrective actions where necessary •Formalizing & implementing the budget of each business vertical & monitoring the topline & cost & highlighting the deviation to business heads & take corrective action •Developing System & Processes. Implemented IT system to automate the financial reporting & to generate various type of reports required to monitor budget & financial performance of the business vertical •Evaluate CAPEX plan , its monitoring & Return of Investment ( ROI) •Framed Rule of procedure for Management ( Matrix System) for various Business & Financial matters. •Proficiency in statutory audit, internal audit, corporate governance & legal & regulatory compliance. •Optimization of Taxes (Direct & Indirect),Driving tax planning & Compliance •Adept at implementing process automation initiatives •Drives and sustains culture of high performance •Integrate the financial policies and process across the company •Perceptive leader, building efficient, empowered & focused team •Build strong interpersonal relationship and collaborates with all key stakeholders •Ability to anticipate the customer’ needs and address them proactively •Ability to generate, evaluate, select the right ideas
Career Timeline
- Apr 2017–Present· 9 yrs 5 mos
- Group Chief Financial OfficerCurrentFeb 2021–Present
- Vice President & Group Finance Controller2020–Feb 2021
- General Manager - Head of Account , Taxation and FinanceApr 2017–Dec 2019
- Oct 2016–Mar 2017· 5 mos
- Controller, FinanceOct 2016–Mar 2017
- May 2016–Sep 2016· 4 mos
- Group Chief Financial OfficerMay 2016–Sep 2016
- Aug 2004–Apr 2016· 11 yrs 8 mos
- Global Head -Accounts and Direct Tax and Head of India Region FinanceDec 2011–Apr 2016
- Assistance General Manager-FinanceAug 2004–Nov 2011
- 2003–Aug 2004· 1 yr 7 mos
- Sr Executive-Finance2003–Aug 2004
Education
3 TP Middle Management Programme
Indian Institute of Management AhmedabadCA
Commerce
ICAI, New Delhi