Gurgaon, Haryana, India

About Arun Bhatt

Arun Bhatt works as Vice President - Finance at Gumberg India Pvt. Ltd. and is based in Gurgaon, India. Arun studied Chartered Accountant (Accounts and Finance) at Institute of Chartered Accountants of India (1984-1987). Arun lists talents in Accounting, Process Excellence, Process Optimization and Finance.

Talents
    • Accounting
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    • Process Excellence
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    • Process Optimization
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    • Finance
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Professional Path
Vice President - Finance
Aug-2014 To present 12 years 1 months
  • CFO of all Group Companies for
    • Investor management, Board Responsibilities, Business Strategies, Corporate Governance & Audit (Internal/External)
    • All Finance, Treasury (Including Debt), Accounting, Reporting, IT, Business Planning and Commercial functions
    • Systems and Process implementations along with Compliance Dashboards.
Managing Trustee Partner
Nov-2013 To Jul-2014 8 months
  • Responsible for managing the entire affairs of the organization on Business Advisory, Audit, Financial and Taxation matters
Director Business Control
Aug-2012 To Sep-2013 1 years 1 months
  • CFO responsible for business unit by driving governance & facilitating decision making through business simulations & risk management
    ? Strong business partnering for Financial Planning: targets, forecast, analysis and control
    ? Drove unit reviews (business, operational, financial) through governance models
    ? Strategized and executed for super stretch unit targets on growth, margin & cash flow
    ? Secured correct revenue and cost recognition methodologies (SOX mandated)
    ? Professional stakeholder relationship with key people at global & customer site
Head Shared Services Center (Director)
Feb-2005 To Jul-2012 7 years 5 months
  • Set up and managed a Shared Services Center in India through global KPI/SLA driven & pricing based organization by standardizing and automating processes using workflow & tools
    ? Transitioned from 13 Accounting locations serving 34 offices, one factory and Sri Lanka to “One” Center
    ? Operated on Standard tools and re-engineered Processes (SAP based) bringing in Quality, Efficiency, Tax compliance, Transparency, Internal Controls and Cost Rationalization
    ? Ensured audit compliances for serviced companies – Internal/Statutory/Corporate
    ? Active member of core strategic decision making group across multiple countries & functions
    ? Consistently delivered through stretch (some super stretch) results on all global benchmarks on Cost, Efficiency, SOX, Customer feedback & Management assessments
    ? Led Cross functional projects pushing process simplification initiatives in the SSC and customer
    ? Motivated, Coached and Mentored managers to harness skill & scale advantage
Senior Manager Internal Audit
Aug-2000 To Jan-2005 4 years 5 months
  • Head international (regional) audits in Goodyear locations across Asia & Oceania as well as participate in EU regional reviews
    ? Prepared and agreed annual audit plans with Business/Audit Committee - focus on risk & reduce audit cost
    ? Active member of the Audit & SOX Compliance Committee of the two Goodyear companies in India
    ? Conduct & manage national audit function in India for two manufacturing facilities & 60 field locations
    ? Nominated by HQ to head an onsite international team for setting up of Goodyear operating, accounting and reporting systems (SOX compliant) in a subsidiary in Japan
Senior Manager Accounts
Jun-1998 To Jul-2000 2 years 1 months
  • Financial Accounting – US GAAP & IAS – Final Statements & Audits - Statutory / Internal / International
    ? Management Accounting – Implementation of periodic reporting systems & Rolling Business Plan to HQ
    ? Factory Costing – System design & implementation of integrated factory costing for effective cost & variance analysis and fixed assets management system – multiple reporting
Finance Manager
Apr-1996 To Apr-1998 2 years
  • Financial Accounting & Reporting, Audits & Statutory Compliances - Zero issue biannual audits and legal compliances
    ? Dynamic Preparation of the Project Report and Business Plan
    ? Close liaison with financial institutions and banks on funding mandates
Manager Management Accounting
Sep-1993 To Mar-1996 2 years 6 months
  • Timely Consolidation & Analysis of Budgets & business plan for group companies
    ? Headed Accounting operations of Export and Business development divisions
    ? Active member of strategic task force for long term restructuring proposal and financial & bank proposals for WC facility
Manager Factory Costing
Apr-1988 To Aug-1993 5 years 4 months
  • Reorganized the team activities for enhanced performance & service levels
    ? Extensively automated the departmental functions to reduce the monthly closing time by two weeks
    ? Computerized the rolling Business Plan and Cost Management Model for plant operations
    ? Monthly Report on Plant Performance and costs to HQ and conducted Monthly Cost Reviews for driving awareness & controls
    ? Departmental SPOC for standardization mandates through “Total Quality Culture” & “ISO 9002” projects for Factory Team
Qualifications

Institute of Chartered Accountants of India

Chartered Accountant Accounts and Finance

1984-1987

Delhi University

Bachelor of Commerce Commerce

1980-1984

My Story
CAREER HIGHLIGHTS
•Pioneered Finance Transformation through successfully setting up and managing Shared Service Center (SSC) •Won BEST SSC Trophy for Team India for 3 out of 5 years globally; Runner up for other 2 years •Nominated globally for consistent high Leadership scores on employee feedback survey •Proven High performer earning 1+2 global Stock Option for last six years •Recognized for building and leading high energy teams through mentoring & motivation •Represent Investor interests
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