CA Neelu Chowdhary (94167) CA Neelu Chowdhary (94167)

CA Professional Achiever – Woman Category

CA Professional Achiever – Woman Category

Deputy General Manager (F&A) – Larsen & Toubro Limited

• Turnover (Sales) of the Company in Turnover (Sales) of the Company in Rupees:Rupees:

– ` ` 64,960 Crores64,960 Crores

• Net worth of the Company:Net worth of the Company:– ` ` 29,387 Crores29,387 Crores

• Market Capitalization of the Market Capitalization of the Organization:Organization:

– `̀ 80,031 Crores – March’12 80,031 Crores – March’12– `̀ 98,010 Crores – September’12 98,010 Crores – September’12

KEY ROLE IN THE ORGANIZATIONKEY ROLE IN THE ORGANIZATION • Treasury Operations of Upstream Treasury Operations of Upstream

Strategic Business Group (SBG).Strategic Business Group (SBG).

• Financial Reporting & Business Partnering.Financial Reporting & Business Partnering.

• MIS Reporting for Upstream SBGMIS Reporting for Upstream SBG

• Taxation requirements of Upstream SBGTaxation requirements of Upstream SBG

• Setting up of F&A for new manufacturing Setting up of F&A for new manufacturing facility set up as a SEZ unit. facility set up as a SEZ unit.

MAJOR ACHIEVEMENTSMAJOR ACHIEVEMENTS• Treasury Operations – Treasury Operations –

– Structured Supplier’s CreditStructured Supplier’s Credit• Negotiating with Vendors for Extended CreditsNegotiating with Vendors for Extended Credits

• Structuring Extended Vendor Credits through Usance LC & Structuring Extended Vendor Credits through Usance LC & improving Working Capital for the organizationimproving Working Capital for the organization

– Hedge ManagementHedge Management• Timely & Effective Hedge decision making and contributing Timely & Effective Hedge decision making and contributing

approximately 1% to 2% of Project marginsapproximately 1% to 2% of Project margins

• Protecting Project margins from foreign exchange volatilityProtecting Project margins from foreign exchange volatility

• Special Economic Zone (SEZ) Operations –Special Economic Zone (SEZ) Operations –– System development - System development - Part of team for implementing SAP Part of team for implementing SAP

customized for specific SEZ statutory requirementscustomized for specific SEZ statutory requirements– Establishing Internal Control processes for newly developed yard in Establishing Internal Control processes for newly developed yard in

line with organization process.line with organization process.

MAJOR ACHIEVEMENTSMAJOR ACHIEVEMENTS

• TaxationTaxation– Establishing taxation process for complying with Establishing taxation process for complying with

various tax laws like SEZ Act, Customs Act & CST Act various tax laws like SEZ Act, Customs Act & CST Act for clearing of goods from SEZ to captive site for for clearing of goods from SEZ to captive site for Lumpsum Turnkey ProjectsLumpsum Turnkey Projects

– Establishing tax optimization structure in Establishing tax optimization structure in procurement for international projectsprocurement for international projects

• Business PartneringBusiness Partnering– Developed user friendly reports for better project Developed user friendly reports for better project

monitoring & decision makingmonitoring & decision making