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1. At Maharashtra Electrosmelt Limited-MEL (a subsidiary company of SAIL for producing Ferro Alloys for major SAIL Plants)
- Worked on Cost Control & Reduction Applications to remove the effect of extra expenses and generate substantial revenue in MEL.
- Actively involved in the turnaround of the PSU, having a total Turnover of Rs 230 crores, and ensured liberation from BIFR for MEL mostly through internal strategies without initial price support.
- Introduced an effective system of payment to suppliers and contractors during the financial crisis to uphold the confidence of all.
2. At Bhilai Steel Plant:
Headed the Finance & Accounts function of Bhilai Steel Plant as Executive Director (F&A).
- Spearheaded introduction of ERP at Bhilai Steel Plant, the first plant amongst all in SAIL.
- Successfully introduced effective Investment plans of a high-value PF Trust (Bhilai Steel Plant PF Trust) as the Chairman of the Trust for effecting good return on Investment and distributing the effect to employees at large.
- Successfully negotiated to resolve long pending disputed issues with Chhattisgarh State Electricity Board (CSEB), Indian Railways, etc.
- Worked as Chairman of several Project Review Committees covering an overall project value of Rs 17000 crores (appx).
- Worked closely to resolve issues with Project contractors for closing the contract in the Sinter Plant.
- Worked as a Nominee Director in Almora Magnesite Co Ltd (an associate company of SAIL)
3. As a Partner in a Chartered Accountancy Firm (S Mallick & Co):
- Developing an Accounting Manual for a Private Company
- Supervised Stock Verification of both Revenue items and Fixed Assets
- Carried out Company Valuation
- Active role in the Selection of Senior Finance Executive for a leading Private sector Company
- Supervised Internal & Statutory Audit of Corporates and Banks
- Conducted Concurrent Audits of almost all leading PSU Banks
- Carried out Financial Due Diligence successfully for an Investor in a company facing a severe financial crisis. The sick company is presently performing well in terms of physical and financial parameters.
- Have developed Commercial SOP for a PSU (HSCL).
- Preparation of Viability Reports on :
- Cement Bag Industry,
- Entertainment Industry (Music)
4. As Partner in WINCON:
- Prepared Financial Viability Reports/Project Reports for clients covering the following areas (Cumulative Value of Projects of about Rs 3500 crores):
- - Schools.
- - College & University
- - Medical Colleges,
- - Hospitals,
- - Nursing College.
- - Aviation Industry,
- - Management College etc.
All the Reports are duly accepted by the clients.
- Active role in conducting a International level Seminar on Steel Industry.
5. Others:
- Training on Financial matters in the Management College of SAIL (MTI, Ranchi) for executives of different grades up to General Managers.
- Have worked as an Invitee Lecturer at Indira Gandhi National Open University (IGNOU).
- Worked as a Research Guide for a couple of Students in IGNOU.
- Life Member of the Indian Management Association (IMA).
- Life Member of the Institute of Directors (IOD).