Continuing with our SuperChat with SuperCFO series, this week we are proud to present Fabrice Domange, a senior global Finance professional, who has a broad international experience in all aspects of financial management and leadership. With a 15 year experience spanning assignments in France, UK, Dubai, Milan, Madrid and North America, Fabrice has been instrumental in driving profitable growth, changes and implementation of innovative internal controls across the companies he has worked for thus far. Currently, Fabrice works as a CFO for Emerging Markets at AIG Chartis Insurance in Madrid, Spain. In this SuperChat, Fabrice talks about his three favorite companies and his role model who inspires him to scale greater heights of glory. Fabrice loves Golf, Swimming and Skiing in the Austrian Alps,... Read More →

This week on the SuperChat with SuperCFO series, we are proud to present Deepak Goel, a well-rounded professional with sound knowledge and a rewarding experience thus far. He has the distinction of becoming the CFO of Hoppers Crossing Club Ltd, Australia, within just 8 years of entering the finance and accounts profession. Deepak is married with a son and lives in Melbourne, Australia where he heads the Accounting and Finance division of Hopper’s Crossing Club Ltd, Australia. Despite being born in India and with work in Australia, Deepak does not have a craze for Cricket, but loves Tennis, Golf and Soccer. He is a self-confessed techno geek who worships Apple and swears by his iPad and iPod. Please read on to know many more facets of his interesting persona………. Education: MBA Finance... Read More →

This week on the SuperChat with SuperCFO series, we are proud to present Dynshaw Italia, the dynamic and affable CFO of Bluewater Bio Limited, a water technology company in the wastewater treatment business. Dynshaw has a rich 18 year experience in the Senior Finance Management teams of leading global companies. He has been the recipient of two sterling accolades i.e., in 2007 as the Young Finance Director of the Year (at the Real FD and CBI’s Finance Director Excellence Awards), and in 2006 as Finance Director of the Year (Growing Business at the Accountancy Age Awards). Dynshaw is on the board of Cobra Beer, TIE UK (where he is the charter member), and FM Publishing Limited. Dynshaw is married with two children and lives in London, UK. He loves Football with Chelsea being his favorite side.... Read More →

Meet Manu Mehra, Director of Restructuring Advisory with KPMG (UAE), and a well-seasoned finance professional with expertise in Debt Advisory, Acquisitions & Divestitures, Equity Valuations, Financial Planning & Analysis and Treasury Management. He possesses 19 years of rich & diverse experience ranging from Banking (55%), Industry (25%) and Advisory (20%). Education: Bachelor in Commerce (B.Com.), Chartered Accountant (CA). Companies Worked with: KPMG (United Arab Emirates), Abu Dhabi National Energy Company “Taqa”, HSBC Investment Banking, Gulf Total Tractebel Power Co., Standard Chartered Grindlays Bank, Deutsche Bank, Arthur Andersen & Co. SuperCFO: What particular skills or talents are most essential to be effective in your job apart from formal training? Manu... Read More →

Energetic, knowledgeable, passionate, driven, positive – some of the qualities that strike you when you meet Ajay Kapoor, the dynamic Chief Financial Officer and Head Legal of North Delhi Power Ltd., a joint venture between Tata Power Company and the Government of NCT of Delhi, India. NDPL has won several accolades for its pioneering efforts in power distribution reforms. Education: Bachelor in Commerce (B.Com.), Chartered Accountant (CA), PGDM in Finance and Marketing and Bachelor of Law (LLB). Companies Worked with: North Delhi Power Ltd (NDPL), GVB Private Ltd., Network Ltd., Hitech Drilling Services India Ltd., Birla VXL Ltd., ITC Ltd. SuperCFO: What particular skills or talents are most essential to be effective in your job apart from formal training? Ajay Kapoor: Apart from formal training... Read More →

Inflation: There are many technical definitions about Inflation. In simple terms it represents increase in cost of products and services over time. Increase in cost also directly results in lower buying power and is therefore the X factor that drives down value of money. I have been reading newspapers and listening to expert interviews that are filled with a lot of technical jargon on the need for reforms & RBI/Central Bank’s intervention to control inflation, and how economies would face problems as a result of inflation, etc. etc. etc. But what does this mean to us? There are lots of matters that happen outside of our work-life environment and one wonders if this is something that we have to be concerned about, and if so do we need to lose sleep over it? That’s when I started... Read More →

In Part I, we have discussed about some real life examples from SME’s across multiple functions like Accounting Systems, Compliances, and Cash Flow Forecasting. Following on the Part I examples, we commence with Part II where some more examples on functions like Receivables Management, Cost Management, Fund Raising and Finance Reporting, will be dwelt upon. RECEIVABLES MANAGEMENT It is surprising to see that many a times SME’s chase banks for Working Capital / OD limits, while running huge receivables from clients. Infact, there are some large companies who actually fund their working capital needs by running credits from smaller vendors. SME’s tend to run over dues and receivables from their client companies, in the rush to keep clients happy. Following are few areas SME’s should do,... Read More →

Ever wondered how some companies are able to raise substantial debt & equity funds, and grow organically as well as inorganically, rapidly? Ever wondered how some organizations are able to manage crisis far better than the industry average, when the going gets tough? The answer to that is having a good CFO, which makes a lot of difference. Note however that a CFO should not be confused with Head of Accounts. SME’s usually ignore the finance & accounting function, which is left for the friendly CA to manage books and more so taxes, than proactive financial reporting to support key business decisions. A CFO today leads every other function in an organization, alongside the CEO, shouldering equal responsibility in the success of the company. A CFO today not only leads the accounting... Read More →

This is a fairly popular Hindi phrase that is used when implying to someone that you are ‘trapped’. For those who are not familiar with Abhimanyu, and this phrase, let me give some background: Abhimanyu was the son of Arjun and Subhadra, who was half-sister of Lord Krishna. As an unborn child in his mother’s womb, Abhimanyu learned the knowledge of entering the dangerous and nearly impenetrable Chakravyuh from Arjun, his father. The story goes that Abhimanyu overheard Arjun talking about this with his mother Subhadra from the womb. Arjun explained the technique of cracking & entering Chakravyuh but by the time Arjun could explain how to come out of it, his mother Subhadra fell asleep and Abhimanyu could not learn about it. In this modern world, I correlate that to (with some... Read More →

Often I come across the following phrases when I meet Entrepreneurs: I want to become a very Large Company I want to become a Public Company in 3-5 years I want to sell my company for a great valuation and then retire on a beach I want to professionalize my family business I want to go global and make acquisitions for inorganic growth I want to be the most successful entrepreneur, and receive appropriate recognition I ask them one question: Who runs your company? People or Processes? And then with lots of ifs and buts, they give me justifications as to why they are still dependent on People and not Processes. While many companies implement ISO and other operational systems and processes, accounting often gets neglected; which actually could deliver enormous results, with proper systems, policies... Read More →