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CA Giriraj Mohta (120273) CA Professional Achiever – Engineering and Capital Goods Sector CA Professional Achiever – Engineering and Capital Goods Sector.

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Presentation on theme: "CA Giriraj Mohta (120273) CA Professional Achiever – Engineering and Capital Goods Sector CA Professional Achiever – Engineering and Capital Goods Sector."— Presentation transcript:

1 CA Giriraj Mohta (120273) CA Professional Achiever – Engineering and Capital Goods Sector CA Professional Achiever – Engineering and Capital Goods Sector Manager (F&A) – Larsen & Toubro Limited

2 Turnover (Sales) of the Company in Rupees: Turnover (Sales) of the Company in Rupees: – ` 64,960 Crores Net worth of the Company: Net worth of the Company: – ` 29,387 Crores Market Capitalization of the Organization: Market Capitalization of the Organization: – ` 80,031 Crores – March12 – ` 98,010 Crores – September12

3 KEY ROLE IN THE ORGANIZATION Corporate Accounts – Member, IFRS cell Corporate Accounts – Member, IFRS cell Corporate Accounts – Team Leader, Project CONCERT (SAP reimplementation) Corporate Accounts – Team Leader, Project CONCERT (SAP reimplementation) Hydrocarbon IC – Business partnering & Financial Reporting Hydrocarbon IC – Business partnering & Financial Reporting

4 MAJOR ACHIEVEMENTS Corporate Accounts – Corporate Accounts – –Key member of team, entrusted with making Group & Stand-alone Financial statements Revised Sch VI compliant –Project CONCERT - Re-implementation of Corporate SAP Lead 30 member cross functional team Lead 30 member cross functional team Use of experience gathered over previous installation into designing a fresh system, maintaining flexibility of further expansion of operations Use of experience gathered over previous installation into designing a fresh system, maintaining flexibility of further expansion of operations Use of Functionalities of SAP so as to make reporting IFRS & Revised Schedule VI compliant Use of Functionalities of SAP so as to make reporting IFRS & Revised Schedule VI compliant Putting in place system based budgetary controls Putting in place system based budgetary controls –Getting senior management buy-in for such control Project used as Change agent for standardising processes Project used as Change agent for standardising processes –Extending common practices to 23 corporate centers across India –Optimum utilisation of SAP functionalities for better processes

5 MAJOR ACHIEVEMENTS Hydrocarbon IC Hydrocarbon IC –Business partnering, by timely analytics to senior management on various project parameters –Implementation of Embedded derivative accounting in line with AS-30 (IAS 39) –Shift in focus on Cash generation of projects


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