Ramesh Jayaraman

No.148, Apt 300, Ramaniyam Kattima, Pillayar Kovil St, Thoraipakkam, Chennai-600097
E-Mail: ramjay71@yahoo.com Mobile: 91-90030-25398

Finance professional with 20 years of global experience (including 16 years in

pharmaceutical/healthcare sectors) in various aspects of financial and
operational management cost optimization, operating controls, accounting,
tax, reporting, budgeting, cash and treasury management, information systems,
HR, Legal & Compliance, Insurance and risk management

KEY ACCOMPLISHMENTS
Effective implementation of Cost, Controls & Compliance strategies in a promoter-driven fast growing retail healthcare
with a Pan-India network through a combination of people, process and systems
Adopted appropriate change management and business resumption strategies in a volatile environment with limited
information availability.
Managed the transition of the Finance departmental needs in terms of cash flow management, management reporting,
financial accounting, from a $30 MM topline in 1999 to $600 MM in 2010 Handled touchy HR issues through tough
measures in the form of performance improvement processes and/or focus on transitioning from transactional processes to
value additive analytical and controls based processes
Successfully led and implemented the J-Sox (equivalent of Sarbanes-Oxley requirements for Japanese listed companies)
project for the US business with no major deficiencies
Handled tough external and IRS audits due to multiple complexities caused by customers' behaviors in a buyers' market and
ensured completion on a timely basis
Headcount optimization for A/P & A/R functions through process efficiencies and automation
Reduced the DSO from 130 days to 30 days within 8 months through negotiations with customers on terms and business
practices and adopt appropriate financial strategies, resulting in working capital release of more than $100 MM
Handled tough negotiations (as part of a team) and recovered $4.2 MM from a $100 Bn customer
Effectively handled the transition from legacy systems to SAP, of the Finance and Controlling (FICO) Modules in the year
2000. This was during a time when the Company was much small but in a growth phase.
Successfully implemented a Global Consolidation system (SAP-BPC) for financial reporting under USGAAP covering 50
legal entities across the globe, shrinking consolidation timelines from 66 days to 7 days

KEY SKILLS/ HIGHLIGHTS

Extensive global experience in pharmaceutical/healthcare verticals in various stages of growth
Effective relationship, leadership, team building and people skills with multi-cultural work ethic
Strategic planning and extensive operational experience in core areas impacting business
Liaison with financial and operational executives across the globe to align financial processes and harmonize reporting
Firm believer in hands on management until process orientation becomes an organizational habit
Change Management and Leadership during turbulent times
12+ years of Controllership responsibilities
Strong analytical, problem solving and decision making skills in a dynamic fast-growing company
Excellent knowledge of finance, accounting and information systems in an ERP environment
Sound business knowledge, macro and micro understanding of issues and management of the same
Proven project management skills for effective business support

PROFESSIONAL EXPERIENCE

Stabaka Consulting- Managing Consultant- July 2015 till date- Strategic & Niche Financial Consulting
Vasan Healthcare Pvt Ltd, Chennai- July 2012- Mar 2015 - A fast growing retail healthcare chain of 180+ hospitals
Pan-India and expanding overseas
Chief Financial Officer- July 2012- May 2013
June 2013- March 2015- Consultant- Overall lead for Cost, Controls & Compliance matters

Functional Heads covering audit, warehouse, IT, taxation functions in addition to Regional Finance Heads reported into
me. I worked with Business and Regional Heads on various matters
Develop optimization models for Operating costs and execute rationalization drives in partnership with business heads
Custom built tool for stock verification taking into account landscape of systems and process
Effective controls on key revenue matters covering cash, credit card and TPA receipts
Creation/implementation of a Compliance Framework covering legal, statutory & tax matters
Skill set evaluation for back end deliverables and team development, training to meet the demands on a growing
network
Back end business and IT strategy for alignment of Cost, Controls & Compliance matters

Ranbaxy Laboratories Ltd & its subsidiaries/associates-a.k.a RLL (Sep 2000-May 2012)- a $2 Bn generic
pharmaceutical company, acquired by Daiichi Sankyo (D-S), a Japanese company, as of Nov 2008.
Chief Financial Officer- Zenotech Laboratories Limited (An Associate Company of RLL) Hyderabad, India- May
2011 to May 2012
Corporate Controller, Ranbaxy Laboratories Limited (RLL), Gurgaon, India, July 2010 to May 2011
Director-Accounting & Reporting and Controller, RANBAXY INC & subsidiaries, Princeton, New Jersey, USA,
September 2000 to June 2010

Zenotech-Hyderabad, India
After a series of measures, the Company had gained management control of the facilities as of Nov 2011
In addition to financial and accounting matters, as the CFO, I had responsibilities covering legal, tax, secretarial,
statutory compliance, IT, supply chain and logistics functions.
Crucial supply agreements to ensure product flow during this phase had been put in place.
Detailed business plan for the next three years and lines of credit from banks, to address immediate funding
requirements had been set up, within a few weeks of gaining control.
Audit for 2010-11 had been completed based on 3rd party information, as books and records were not available
RLL-Gurgaon, India
Financial reporting and consolidation for 50+ legal entities across the globe under Indian GAAP and US GAAP
J-Sox (Japanese Equivalent of US Sarbanes-Oxley requirements) related work
Process engineering and evaluation of IT systems for global roll-out
Advisory and liaison with business areas and entities across the globe on key accounting and financial matters
Quarterly tax computations and determining of effective tax rates under IGAAP and USGAAP. Tax audit related
financial requirements
IFRS related preparations
Ranbaxy, Inc & subsidiaries- Princeton, NJ, USA
Lead, manage and develop a team of 13 members in the finance function to support constantly evolving business
requirements, after restructuring of various sub-functions
Financial reporting under US and Indian GAAP and release of audited financials for global roll-up
Development of strong risk management initiatives at a macro level, insurance as a mitigation tool and ensuring
appropriate risk coverage both at regional and global level
Part of senior management involved in tax restructuring and entities creation for optimizing business and tax flows on
organic and inorganic initiatives
Liaison with parent company on transfer pricing and related accounting issues
Treasury, day-to-day cash management and smoothening of funds requirements
SAP roll out/Business process improvements/ automation initiatives to temper headcount and focus on value-additive,
analytical needs
Interaction with key functions like Sales, Mfg for optimizing costs and increasing sales

Audit and Taxation Manager, RAM Associates, NJ, USA (A CPA firm), June 1999 to September 2000

Assistant Finance Manager, Transformation Systems, Inc., NJ, USA (a software company with presence in India, US and
Europe), November 1998 to June 1999
Executive- Corporate Accounts, Apple Credit Corporation Ltd, Chennai, India (a non-banking financial services company
with country-wide presence), May 1997 to October 1998

Finance Executive, DCM Hyundai Limited, Chennai, India, August 1995 to May 1997

ACADEMIC/PROFESSIONAL QUALIFICATIONS
CERTIFIED PUBLIC ACCOUNTANT Passed the Uniform CPA examination by The Massachusetts Board of Public
Accountancy, USA, Yr 2000
CHARTERED ACCOUNTANT - The Institute of Chartered Accountants of India, Yr-1998
COST ACCOUNTANT - The Institute of Cost & Works Accountants of India, Yr-1992
BACHELORS DEGREE IN COMMERCE - The University of Madras, India, 1991