KAUSHLENDRA BALDI

Associate General Manager - Finance & Business Strategy
Mumbai, IN.

About

Chartered Accountant with 9+ years of progressive experience in financial management, auditing, and operational efficiency across the pharmaceutical sector. Proven leader in optimizing financial processes, driving strategic M&A initiatives, and enhancing profitability through meticulous budgeting and forecasting. Adept at leveraging financial insights to inform critical business decisions and foster cross-functional collaboration for sustained growth.

Work

Alkem Laboratories Limited
|

Associate General Manager - Business Finance

Mumbai, Maharashtra, India

Summary

Currently leads the business finance function at Alkem Laboratories, driving financial performance reporting, strategic M&A initiatives, and budget management to optimize business outcomes.

Highlights

Delivers comprehensive financial and business performance reports, providing critical insights and forecasts that inform executive decision-making and strategic planning.

Collaborates with senior management to formulate long-term business strategies, including M&A initiatives, contributing to sustainable growth and market expansion.

Conducted rigorous financial due diligence for M&A, identifying key synergies and mitigating potential risks, which facilitated successful integration and value creation.

Analyzed complex in-licensing deals, negotiating and securing most favorable agreement terms that maximized financial benefits and minimized liabilities.

Developed and meticulously monitored annual budgets for the business, ensuring fiscal discipline and alignment with strategic objectives, leading to optimized resource allocation.

Eris Lifesciences Limited (ELL)
|

Associate General Manager - Finance & Accounts

Mumbai, Maharashtra, India

Summary

Led the finance function for a key subsidiary (EOHPL) at Eris Lifesciences, executing operational mergers and M&A deals while ensuring robust financial reporting and cost optimization.

Highlights

Led the entire finance function for Eris Oaknet Healthcare Pvt Ltd (EOHPL), a key subsidiary, overseeing all financial operations and strategic planning.

Effectively executed the operational merger of EOHPL and ELL, including seamless SAP integration, achieving completion in record time and ensuring business continuity.

Assisted in multiple M&A deals within the Dermatology & Cosmeceutical sector, contributing to strategic growth and market presence.

Managed comprehensive financial reporting for quarterly and annual results, ensuring accuracy and compliance with regulatory standards.

Provided detailed monthly management reports and variance evaluations, enabling proactive decision-making and performance improvements.

Spearheaded several cost-saving initiatives, identifying opportunities and implementing strategies that resulted in significant operational efficiencies and reduced expenditures.

Conducted thorough reviews of fund flow statements to analyze and enhance the financial position and liquidity management, optimizing cash flow and capital allocation.

Piramal Pharma Limited (PPL)
|

Manager Finance

Mumbai, Maharashtra, India

Summary

Managed financial statement preparation, PPA accounting, and fund planning for group entities at Piramal Pharma, ensuring regulatory compliance and optimal resource allocation.

Highlights

Prepared consolidated financial statements for PPL, ensuring full compliance with regulatory frameworks and timely reporting.

Assisted in Purchase Price Allocation (PPA) accounting for the merger of subsidiaries into PPL, ensuring accurate valuation and financial integration.

Conducted monthly reviews of subsidiary financials, investigating and reporting on significant deviations to maintain financial integrity and operational efficiency.

Orchestrated comprehensive fund planning for various group entities, ensuring optimal resource allocation and maximizing financial returns.

Partnered with cross-functional teams to drive strategic initiatives, contributing financial expertise to achieve key business objectives.

Provided expert support to international finance teams on the interpretation of Indian accounting standards and complex accounting processes, ensuring global consistency.

SRBC & CO LLP (Audit firm of Ernst & Young)
|

Manager - Audit & Assurance

Mumbai, Maharashtra, India

Summary

Managed comprehensive audit and assurance services for diverse clients across FMCG, Pharma, and Chemical manufacturing sectors, delivering high-quality insights and ensuring regulatory compliance.

Highlights

Provided comprehensive audit services, consistently delivering real value beyond regulatory mandates by identifying key financial risks and opportunities for clients.

Identified critical audit and business risks, generating unique, actionable insights that enhanced client financial strategies and operational controls.

Leveraged advanced data analytics to deliver high-quality audits, providing deep business insights and quantifiable value to clients, improving decision-making.

Analyzed complex business processes to evaluate and enhance the design and effectiveness of internal controls, designing and executing rigorous tests to validate control integrity and operational efficiency.

Developed profound understanding of diverse client industries, identifying key performance drivers, market trends, and emerging technical developments to provide strategic audit recommendations.

Provided critical assistance in the seamless transition of clients from previous GAAP to the IND AS reporting framework, ensuring compliance and accurate financial restatements.

Managed end-to-end audit projects, ensuring timely delivery, adherence to budgets, and high-quality outcomes for a diverse client portfolio.

Education

Institute of Chartered Accountants of India
Mumbai, Maharashtra, India

Chartered Accountant

Accounting and Finance

University College of Commerce & Management Studies
Udaipur, Rajasthan, India

Bachelor of Commerce

Commerce

Awards

Bright Spark Award

Awarded By

Alkem Finance Meet

Recognized for outstanding performance and contributions at the Alkem Finance Meet.

Excellence Award for Q1 & Q2 2021

Awarded By

Piramal Pharma Limited

Awarded for exceptional performance during Q1 and Q2 2021 at Piramal Pharma Limited.

Spotlight & Kudos Recognition

Awarded By

SRBC & CO LLP (Audit firm of Ernst & Young)

Received multiple 'Spotlight' and 'Kudos' recognitions for significant contributions during tenure at SRBC & CO LLP.

Languages

English
Hindi

Skills

Financial Planning & Analysis

FP&A, Budgeting, Forecasting, Financial Modeling, Variance Analysis, Strategic Planning, Performance Reporting.

Mergers & Acquisitions (M&A)

Due Diligence, PPA Accounting, Integration Planning, Valuation, Synergy Identification.

Auditing & Compliance

Statutory Audit, Internal Audit, Regulatory Compliance, Risk Management, GAAP, IND AS.

Financial Modeling & Valuation

Valuation Models, Financial Projections, Discounted Cash Flow (DCF), Sensitivity Analysis.

Business Finance

Business Performance Reporting, Strategic Finance, Financial Strategy, In-licensing Deals, Cost Control.

Cash Flow & Liquidity Management

Liquidity Management, Fund Flow Analysis, Working Capital Management, Treasury Management.

Process Optimization

Operational Efficiency, Process Improvement, SAP Integration, Workflow Automation.

Cross-Functional Leadership

Stakeholder Management, Team Collaboration, Interdepartmental Coordination, Strategic Partnerships.

Accounting Standards

Indian Accounting Standards (IND AS), GAAP, IFRS, Financial Statement Preparation.

Data Analysis & Reporting

Financial Data Analysis, Business Intelligence, Management Reporting, Performance Metrics.

Project Management

End-to-End Project Management, Timeline Management, Resource Planning, Audit Project Management.

Industry Knowledge

FMCG, Pharmaceuticals, Chemical Manufacturing, Dermatology & Cosmeceutical.