CS Nagesh B

Director & CFO - India Business Unit, | KPMG & IICA Certified Independent Director|POSH |ACS|LLB|MBA| Ex-GE, Ex-Bosch | Shared Services| Taxation -SEZ, EOU, DTA| SAP Implementation| Legal & Secretarial | Board member

Bengaluru, Karnataka, India

About

Strategic and results-oriented CFO with over 17 years of experience in financial management, corporate strategy, and operational leadership. Proven track record in driving financial performance, optimizing capital structures, and leading cross-functional teams to achieve organizational goals. Adept at risk management, financial planning, and implementing cost-saving initiatives to enhance profitability and shareholder value I hold a Company Secretary, Law Graduation & Business Management qualification. My professional experience spans various leadership roles at Latecoere & Bosch, where I have consistently demonstrated my ability to lead complex financial operations and drive organizational success. 📍 My skill set includes Strategic Business Partnership Financial Planning & Analysis Compliance and Governance Budgeting and Forecasting Mergers & Acquisitions Digital Transformation Investor Relations Risk Management 📍 Professional Experience LATECOERE ✔️ SAP Implementation Manager Information & Shared service transition ✔️ Chief Financial Officer for India ✔️ Company Secretary and Board of Director. • Managing a $2M budget of investments in overseeing a team of 4. • Delivered the Supply Chain Operating Plan under FTWZ scheme for exponential growth. • Transitioned Shared Services completing acquisition accounting, HR, Customs and SEZ process . • Led business development initiatives, enhancing strategic partnerships and driving growth. • Delivered clean audits, streamlined finance operations processes, and ensured compliance with statutory requirements. • Provided financial advisory services, improving financial performance and operational efficiency. 📍 Awards & Achievements: "ALL POINEERS CHALLENGE" Nomination and Diploma from Group. BOSCH 📍 Factory Inventory Controller • Managed 1200 M inventory operations, driving profitability and business growth. 📍 Awards & Achievements • Recognized for cultural transformation and community leadership, moving to Bosch Ways of Working. • Ensured a 100% compliance and clean audits, transitioning Finance Operations 📍 Qualification Company Secretary (ACS) Law Graduate (LLB) Master of Business Administration Masters in Philosophy in Management Bachelor of Business Management 📍 I can be reached at [email protected]

Experience

  • Latecoere (India · On-site)
    • Director & CFO -Indian Entity
      Jun 2022 - Present · 4 yrs 1 mo

      ✅ KEY HIGHLIGHTS: ✅ Developed and Implemented Operating Framework → Successfully established the Operating SEZ for Indian Legal Entity business. ✅ Shared Service Transition → Transitioned Shared Services -P2P, O2C, R2R, HR Payroll and Supply Chain to in-house with process documentation. ✅ Global Digital Finance Role - SAP Implementation → Contributed to the Global Digital Finance initiatives, integrating SAP finance operations for enhanced efficiency and effectiveness. ✅ Legal & Secretarial → Executed Legal & secretarial process in align with Global Standards. ✅ Financial Operations → Spearheaded financial strategy and operations for a green field project$50M revenue, global aerospace manufacturing firm, driving operational cost and10% reduction in operational cost. → Implemented comprehensive budgeting and forecasting models, resulting in a 15% improvement in forecast accuracy and better alignment with strategic goals. → Managed financial operations overseeing budgeting, forecasting, and financial reporting functions. → Enhanced financial reporting accuracy and timeliness by implementing SAP financial systems and analytics tools. ✅ Drove Cultural Transformation → Collaborated with senior management to develop and execute long-term business strategies, including market expansion. Skills: Strategy · Manufacturing · Cultural Transformation and Community Leadership · Project Management · Corporate Finance · Strategic Planning · Finance · Financial Management

    • Finance Manager
      Jan 2020 - Jun 2022 · 2 yrs 6 mos

  • Financial Controller at Bosch India
    Jun 2017 - Jan 2020 · 2 yrs 8 mos

    ✅ KEY HIGHLIGHTS: ✅ Carve Out Business Transformation : Played a pivotal role as a Team member carve-out process from the Bosch Group, establishing a separate group structure to facilitate streamlined operations and enhance organizational agility. ✅ Finance Operations Transition: Orchestrated the seamless transition of finance operations to a third-party service provider within a short timeframe, ensuring continuity of operations and adherence to financial standards. ✅ Inventory Control & Management : 1200 M Inventory control through internal control process and accuracy with 99% physical vs books, standard cost variances and inventory shelf life impacts. ✅ Working Capital Optimization: Implemented Lean techniques across all facets of the business, including the supply chain, resulting in significant improvements in working capital efficiency. ✅Cash Flow Management: Effectively managed cash flow during challenging trading conditions by instituting proactive measures such as changing bankers, adopting online banking facilities, and automating processes, leading to substantial savings in bank fees and processing costs. ✅ Legal and Secretarial : Managed board of directors meeting, Annual General meeting and Executed Legal & secretarial best practices inline with Group Global Standards. ✅ Accounting Standards: Implemented IFRS 16 ,15 & IND AS, ✅ Direct & Indirect Taxation : GST compliances, ➤ Specialties: Strategic Financial Planning & Control, Controllership & Decision Support, Financial Analysis and Reporting, Working Capital Management /Profitability Analysis, Team Building & Leadership, Corporate Governance, Internal Control & Auditing, Taxation (Local & International), CAPEX / Budgeting & Forecasting, Legal & Company Secretarial Matters.

  • Assistant Manager Finance & Accounts at thyssenkrupp Aerospace
    Feb 2016 - Jun 2017 · 1 yr 5 mos

  • Senior Finance Officer at Festo India
    Feb 2014 - Feb 2016 · 2 yrs 1 mo

  • Finance & Company Secretarial at Brady Corporation
    Nov 2011 - Mar 2013 · 1 yr 5 mos

    I. Company Secretarial Role ~ Preparing Board Meeting Agenda and conducting the same. ~Maintaining statutory records and other documents under corporate laws. ~Liaisoning with banks and other financial institutions and coordinate with credit rating agencies. ~To coordinate in preparation of financing proposals, Working Capital Enhancement proposals for financial limits of the company. ~Liaisoning with ROC / Government Institutions/MCA and other statutory agencies. ~Familiar with FEMA and SEBI guidelines Preparation of Annual Report and Directors Report. ~To take care of all the secretarial procedures and legal requirements to carry out various corporate & subsidiary companies activities. ~Supervising the preparation of TDS returns, ITR and preparing various tax applications like rectification applications, application for lower TDS, follow up of refunds, appeal effects and handling scrutiny assessments. ~Drafting of Resolutions, legal documents, Appointment and re-appointment of Board level nominees II Finance Treasury & Finalisation of Accounts Accounts. ~Management of all payables-bill passing -capex / non capex vendor dues, statutory deus, payroll, and other related things. ~Dealing with banks for Loan, BC & Other short terma and long term credit limits. ~Handling all statutory and internal audits , preparation of statutory accounts with complete back up schedules. ~Preparation of P&L/Balance Sheet/Cashflow statement for each cost and revenue center. ~ MIS Reports - Weekly Sales Report, Sales by Sales Person reports & Gross Margin reports to Brady Singapore. ~ Handling all Banking related activities like FD creation, foreclosure, Letter of Credit . FC-GPR submission, Working Capital management ~ Insurance Claim Process of India region ( Marine, In-transit, burglary policies.