B Ajit Kumar Patro

Group Financial Controller at Double Crown Group Muscat, Other | Top Management

Current Companies:
Past Companies:
  • Head-Accounts & Finance at Fairtrade LLC
  • Financial Controller at Candlex Ltd, Blnatyre, Malawi
  • Business Analysis, Business Strategy, Cost Reduction
Contacts:   46 Contacts

Profile Synopsis

Summary: Chratered Accountant with over 16 years of experience in strategic business planning & implementation.

What do I have to offer (Haves): Working Capital Management, Concertium Financing, Risk Management, MIS, Corporate Restructuring and Team management.

What do I seek (Wants):  Fund raising thru Capital market..

B Ajit Kumar Patro's Profile Overview

Current Company Group Financial Controller at Double Crown Group
Industry : Others
Department: Top Management, from Jan 2011 till now

Job Description : Looking after the Complete gamut of operation for its diversified group companies into business sectors like Trading, Transportation, Hospitality, Real Estate and Construction..

Past Company Head-Accounts & Finance at Fairtrade LLC
Industry : Others
Department: Top Management, from from Sep 2008 till Dec 2010

Job Description : Corporate Finance Executive responsible for developing, implementing and monitoring the finance strategy alongside the financial and budget management of the overall business in line with the company objectives, offering qualitative experience in restructurings, expansions and business valuation. Proficient in structuring and negotiating transactions with favourable terms with commercial banks and FI�. Demonstrated business acumen in leading and managing the operations and contributed higher rate of organic growth. Demonstrative excellence in conceptualizing and implementing various business strategies Have gained sound experience in financial procedures and building internal financial controls for profit monitoring and working capital & asset management. Proven abilities in the maintenance and finalization of accounts, in compliance with the requirements of IFRS. Gained extensive International Experience in facilitating pricing and margin management. Proficient in tracking all regulatory changes affecting the industry and devising strategies for growth of market share. Possess leadership experience, resulting in better financial performance and enhanced systems for higher performance of the team. Have exposure of handling very large revenues & receivable management, have the ability to successfully translate a strategic business plan into operational activities. Financial Controller at Candlex Ltd, Blnatyre, Malawi
Industry : Manufacturing/Industrial
Department: Top Management, from from Jun 2004 till Jun 2008

Job Description :  Spearheading the entire gamut of financial operations in the organization encompassing financial planning, business analysis, budgeting, presentations etc.
 Presenting a true and fair view of the financial position of the company by ensuring timely preparation of financial statements and annual reports.
 Supervising Internal / Management Audits to ensure that various operations are being performed efficiently towards the accomplishment of business goals.
 Competently managing company’s corporate tax & tax planning issues with substantial exposure towards IFRS.
 Devising & effectuating accounting procedures and internal controls for a medium limited company.
 Scrutinizing components to ensure them in line with regulatory requirements.
 Advising on capital expansion and tax planning proposals to Management.

 Demonstrated capabilities by turning around financially troubled unit through extensive planning & cost control initiatives.
 Attained 4 fold increase in turnover in a record time of 3 years and thereby augmenting PBT by 300%.
 Successfully negotiated financing arrangements and leverage requirements with financial institutions.

Educational Information Others at Association of Chartered Certified Accountants
from Mar 2007 till Jun 2007
CA at The Institute of Chartered Accountants of India ( ICAI )
from Jan 1991 till Jan 1996

B Ajit Kumar Patro's Additional information

Reason to be on PeerPower :  Career Enhancement

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User Picture Dipankar SircarPartner at B Gupta & Co, Chartered Accountants User Picture Nita ToshniwalNo Current Company Mentioned User Picture Mukesh Bansal FCA CS CWADirector of Finance at Four Seasons Hotel User Picture Vishal VarshneyManager Finance at GE Capital User Picture RAJ KUMARCFO AND CHIEF LEGAL OFFICER at Universal Group View All


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