Rama Corporate Profile 2015

C O R P O RAT E P R O F I L E

ONE WINDOW. MANY CAPABIL IT IES

WELCOME TO RAM AGARWAL & ASSOCIATES

Introduction Leadership Advisors Team Services Strengths Partners Contact

Index

www.rama.co.in | [email protected] | +91 22 6529 7312 Mumbai | Bangalore | Baroda | Delhi | Kochi | Guwahati

Ram Agarwal & Associates (RAMA) a Chartered Accountant firm, having its Head Office at Mumbai, carries a quality professional experience of varied services. Partners, Directors and Senior Professionals have in-depth experience of more than 50 years in delivering clients acknowledged quality professional services of Risk Advisory & Management Assurance, Corporate Finance & Business Advisory and ERP Implementations.

I N T R O D U C T I O N

Strength in Numbers


Years of Combined Experience

Industries Breadth

Presence Across India

50+

60+

36+

12+Resource

Strength

Profile

I N T R O D U C T I O N > R E S O U R C E S


Resource Strengths

Partner

03

IT Professionals

(BE/B Tech)

08Director

02

Managers/Executives(CA, MBA)

10Analysts

(>2Yrs. Experience)13

TOTAL36

Auto & AncillaryChemicals & PharmaManufacturing Shipping & Logistics Engineering & Steel

Plastic & PackagingRetailGems & Jewllery Textile & Apparels Real Estate & infra

FMCG ProcessingE commerce Power & Energy EPC

I N T R O D U C T I O N > I N D U S T R Y E X P O S U R E


Hospitality

Industry Exposure

I N T R O D U C T I O N > G E O G R A P H I C A L S P R E A D


Geographical Spread

Punjab

Guwahati

Kochi

HyderabadMumbai

Banglore

Surat

Baroda

Udaipur

Jaipur

DelhiHOAssociate Firms*

I N T R O D U C T I O N > F O U N D E R P A R T N E R : R A M A G A R W A L


Professional Dossier

Ram has almost two decades of professional experience handling Risk Based Internal Audits, Management Audits, New Process Design, Process Reviews, Re-engineering & Transformations, Revenue Assurance, Business System Controls, Enterprise Risk Management, SOP Design, Financial Due Diligence, Fraud Investigation and ERP Implementation.

SGCO & CO – Feb-11 to Jun-15 Partner, leading Risk Advisory & Management Assurance service vertical

Ram Agarwal: Founder Partner

Mahajan & Aibara – Mar-05 to Feb-11 Associate Partner, handling Internal Audits, SOP, FDD and delivery of Risk Advisory services.Reliance Infocomm – Oct-02 to Mar-05 Business Accountant handling Business Planning, Product Pricing, Revenue Assurance, Credit Control, MIS & Budgeting.

Bradma of India Ltd. – Feb-02 to Oct-02 Manager – Accounts & Finance, handling Accounting & Funds.

F. Ferguson – Aug-01 to Feb-02 Responsible for handling Statutory and Tax audits.

Chaturvedi & Shah – Jun-2000 to Aug-2001 Experience gained in Statutory and Tax audits.

I N T R O D U C T I O N > F O U N D E R P A R T N E R : R A M A G A R W A L


Industry Exposure

Management Audits, Internal Control Reviews, & Risk Based Internal

Audits

Process Review, Re-engineering &

Developing SOPsERP Consulting & Implementation

Corporate Finance, Business Advisory &

Due Diligence

Fraud Investigations, Cost

Reductions & Special Assignments

Textile & Apparel Manufacturing Manufacturing Chemical, Pharma Real Estate

Real Estate & Infra Telecom Processing Dairy Products Jewellery

Retail & Hospitality Retail Packaging Gems & Jewellery Hospitality

Gems & Jewellery Textile, Apparel Chemicals Power & Energy Entertainment

Manufacturing Jewellery Retail Manufacturing Textile

Chemical & Pharma FMCG, Processing Textile Shipping, Logistics Power, Energy

FMCG & Processing Engineering, EPC Jewellery Media, Advertising FMCG

Plastic & Packaging Entertainment Packaging

Engineering & EPC Plastic, Packaging Mall Developer

Shipping & Logistics Retail Manufacturing

L E A D E R S H I P


Vishal Mandani (Partner), FCAVishal has experience of about two decades in handling diverse assignments of Internal and Management Audits, Fraud Detection and Investigations, Risk Based Internal Audits and ERP Implementations.

Industry ExposureTextile & Apparel | Retail & Hospitality | BFSI | Manufacturing | Chemical, Pharma | FMCG & Processing | Power & EnergyAuto and Ancillary | Engineering & Steel | Plastic and Packaging

• He has specialised experience in Fraud Detection & Investigations of white collar crimes while he worked for 10 years (1996-2006 including 3 years of training) with Chetan Dalal & Co. specialised firm for Fraud Investigation.

• He has also worked with SGCO & Co for 7 years as Partner / Director handling Risk Advisory and Management Assurance assignments.

Key Clients:Spykar Lifestyle Pvt. Ltd. | Gini & Jony Ltd. | Tata Motors Ltd | Electrolux – Retail Appliances | Wind World India Ltd (Enercon) | Agarwal Fastners Pvt. Ltd. | May Fair Banquets Hotel Intercontinental Marine Drive | Toyo Engineering India Limited | Responsive Industries Ltd. | Shekhawati Polyyarn Ltd. | Jhaveri Flexo India Limited | Amitabh Bacchan Corporation Ltd. Birla Shloka Education Limited | Birla Precision Technologies Limited | Parag Milk Foods Pvt. Ltd. | HSBC Securities & Capital Mkt (I) | ABN Amro Securities


Kapil Bansal (Partner), FCAKapil has 10 years of experience in managing and executing Internal & Operational Audits, Business Process Reviews & Re-engineering, Designing SOPs, and ERP Implementations for several large corporate clients across industries.

Industry ExposureTextile & Apparel | Real Estate & Infra | Retail & Hospitality | IT & ITES | Manufacturing | Chemical, Pharma | FMCG & ProcessingPlastic and Packaging | Power & Energy | Auto and Ancillary | Engineering & Steel | Shipping and Logistics

Key Clients:Clariant Chemicals India Limited | Citrus Processing India Pvt. Ltd. | Suditi Industries Limited | Raymond Limited & Other Raymond Group Entities | Voltas Limited | Landmark Group, Dubai Lifestyle (India) Pvt. Limited | Navneet Publications (India) | Creative Portico | FOSECO India Limited | Beck India Limited | ATC Tires Private Limited | Forbes India Limited | HCL Technologies | Bharat Aluminum Company Ltd. | BASF India Limited | Bajaj Electricals Limited

• He is a process champion & specialist in performing Risk Based Internal audits and special assignments relating to designing of Risk Control Matrix (RCM), SOPs, Cost Reduction Studies and SCM & Logistics reviews.

• He has worked with Mahajan & Aibara for 7 years (including 3 years of Articleship) and 3 years with SGCO & Co. and HCL Technologies.

L E A D E R S H I P

A D V I S O R S


Kirti Palrecha FCA, ACS, PGDFM, CISAKirti has two decades of experience in internal audit, process review, due diligence and external audit (Indian GAAP & IFRS) across multiple industry segments. Kirti focusses on Internal Control and Management Assurance services.

Advisory Board

• Kirti is an esteemed member of RAMA’s Advisory Board, his vast experience and expertise in the areas of Internal Audits guides Team RAMA in delivering quality services. He is also associated with M/s Palrecha & Associates, an accounting firm and with RNA (AA) Group (Real Estate Company) in mapping their core processes and performing internal audits and investigations.

• Till early 2013, he headed the internal audit team at Lodha Group (Real-estate), for around 5 years. Earlier, he has been associated with various consulting firms, viz. KPMG, Mahajan & Aibara and Suresh Surana & Associates, and as a finance controller with a service group in the infrastructure sector.

• He has worked extensively with businesses in improving their control environment and processes and identifying opportunities for cost savings and plugging of revenue leakages.

• Kirti’s has exposure across industries like Real Estate, Metals, Textile, Chemicals, Toys, Tyres, Gems & Jewellery, Paper, Financial Services, IT, Entertainment, Healthcare, Retail, Auto-ancillary, Plantations and Capital Goods.


CA Amit Dubey, FCA• Amit has over 7 years of professional experience handling Management

and Risk Based Internal audits, Financial Due Diligence, SOP and ERP implementation for medium to large size clients across industries.

• Amit gained good exposure in carrying out Financial Due Diligence and Data Room preparations for several medium to large size deals.

Core Team

Industry ExposureEnergy | Gems and Jewellery | Retail & FMCG | Real Estate Logistics | Manufacturing

CA Shikha Sharma, FCA• Shikha has over 7 years of professional experience in handling Internal,

Management and Concurrent audits, for several medium to large size clients.

• She has also in her career, had the opportunity of working on special assignments in areas like Accounts & Finance and Receivables and Credit Controls.Industry Exposure

Chemical | Retail and Apparel | Real Estate | Gems and Jewellery Energy | Manufacturing

Rajesh Patankar (BE Computer Engineer)ERP Implementation, IT & System reviews. Expertise in Finance, Trade and Logistics modules.Amit Kumar (CA Finalist)Internal & Management Audits, Concurrent audits and SOPsPravin Gawde (BE Computer Engineer)ERP Implementation, IT & System reviews. Expertise in Finance, Trade and Logistics modules.Nidhi Bharti (MBA Finance, BE Mechanical)Internal & Management audit, SOPs and Special assignments.CA Divya BhandariRisk based Internal Audits, Financial Due Diligence and data room, Fraud InvestigationBharat Parmar (CA Finalist)Management and Internal audits, SOPs, ERP Implementation, Fraud Investigation

Core Execution Team

T E A M

S E R V I C E S


Services at a glance

Internal, Operational & Management

Audits

• Risk based Internal & Management audits

• Independent assessment of risks & controls of the

existing processes, identify process

improvement opportunities and

practical recommendations

• Use of control rating indices for evaluating and

benchmarking overall internal control

environment

• Design, mapping, documentation & evaluation of business processes for transition from ‘as-is’ to ‘ought to-be’ along with roles & responsibilities (KRA / KPI)

• Preparation of SOPs (Standard Operating Procedures) and upgrading automation levels

• Green Field ERP Implementation (Selection of ERP Vendor, Packages, Contract Negotiations, Independent

Verification & Validation)• ERP Implementation Strategy &

Planning (Alignment of ERP implementation with organizational

requirements & Integration between ERP inbuilt processes with

procedures, process & controls)

Business Process

Review & SOPs

ERP Implementati

on• Risk management and mitigation planning activities• Pre & post ERP implementation review• IT & System Audits.

Other specialized ServiceCost Reduction & Profit Improvement studies | Fraud Investigation | Financial, Commercial & HR due diligences


Risk Advisory & Management Assurance• Internal Audits (Risk & Objective Based)• Management Audits• Business Process Review and Re-engineering• SOP• Internal Financial Controls• Fixed Assets (Mapping, Recording and

Verifications)• Efficiency Audits of Production Facilities• Retail Locations Audit Across Country• Pre-payments Audit• Legal & Compliances Framework

Fraud Risk Management and Investigation

• Corporate Investigations• Fraud Risk Management• Fraud Risk Assessments• Forensics Audits• Whistle-blower Management

("Ombudsman")• Digital Forensics Audits• Insurance Claims Audit• "Funds End Use" Audits

Transactions & Business Advisory

• Financial & Tax Due Diligence

• "Virtual" Due Diligence• Data Room

Management• Valuations• Corporate Finance• Private Equity• Merger & Acquisitions

ERP Consulting• "Greenfield" ERP

Implementations• Vendor Evaluation & Product

Selections• ERP Project Management• ERP Project Recovery• ERP Post Implementation

Review• ERP Support Services

Corporate Laws & IDT• Corporate Laws Advisory• Indirect Tax• Indirect Tax - Routine

Health Check

S E R V I C E S Services at Length

K E Y S T R E N G T H S


KEY STRENGTHS

Multi skilled resources for special audits requiring domain knowledge Establish a core team which will normally not change Each assignment is led by an experienced qualified Team Lead under direct

supervision of Partner Perform audits using knowledge bank of risks & controls including related IT controls

Audit Execution

Quality Assurance

Team & Knowledge

Key Strength

s

Communicate and agree on the audit plan with process owner and Key Client Contact

Prepare data requirement list and intimate process owners in advance Closely work with audit coordinator to ensure completeness and focused

audit Instant guidance & support from Experts (SMEs)available in other service

verticals Appreciation of Business Issues through active guidance from Partner in

Charge

Enhanced focus on recommendations and value additions Regular quality & progress reviews by the Partner in-Charge Internal Peer Reviews within the firm by Senior Partner not directly involved in

engagement

I N T R O D U C T I O N


KEY STRENGTHS

RAMA Advantage Execution team including Partners having in-depth experience of handling Risk Advisory & Management Assurance assignments for several clients (domestic & international) across different industries.

Outsourcing of Internal and Operational audits by several large and mid size companies to RAMA is testimonial of quality services being delivered to clients.

Our team, by benchmarking with best practices, brings to these assignments insights & knowledge of leading practices gained from experience of working with corporate clients in varied sectors

Quality AssuranceA team of qualified professionals having past experience of working in leading professional firms with a good track record, committed to deliver quality services.