Samir Das

Background

About Samir Das

Finance director with 10 years’ experience in Skincare and Manufacturing, Technology scaling the finance operations. Highly accomplished, results driven FD with experience in finance operations, international business expansion, new store rollout, customer & vendor relations, due diligence, treasury, e-commerce, and tax with audit practice background. Skilled in leading finance teams (up to 16 direct people) and collaborating with cross-functional department heads in the UK, US, and Italy to achieve company’s goals. KEY ACHIEVEMENTS Financial Performance • Cost savings: 30% of cost savings identified ahead of schedule through Vendor rationalization and transfer pricing mechanics. Implemented a new cost saving initiative that reduced manufacturing costs by 10% and developed a new pricing strategy that increased revenues by 15% in Skincare, resulting in significant improvement to the company’s profitability. • Track performance: led implementation of Power BI dashboards to support revenue tracking • Business case for an investment of £2m: scenario analysis for the opening of a new store. • M&A: leading finance and tax diligence, deal structure and negotiations. Take part in post-acquisition integration and execution in realization of deal value (£10m value for around 3 acquisitions). Process Improvements • Budget process: led implementation of DataRails (Planning tool) to manage budget process. Results: reduction of time lost on version control. Improve budget sign off by 1 month earlier than initial deadline. • Automation of reports in SAGE 200 (list of reports) which led to making business informed decision and15% of cost savings. • Spindle document capture introduced to digitized finance & operation process (reduced by 20% lead time company audit. • Implemented digitalization of inventory management: leading to 1 FTE saving per year as well as additional savings in closing and audit Financial Systems • Standardization of Chart of Accounts to align with new customer channels to determine true profitability of each segment of business and led implementation of ERP Sage200 from SAGE 50. • Led implementation of website ordering portal and accounting system integration, which lead to saving 20% processing time.