
Rathish Kumar Thacheth
About Candidate
Accomplished Finance Leader with 26+ years of experience across high-repute global corporations, startups, and mid-sized organizations in diverse industries, repeatedly driving contributions leading to improved financial performance, optimized cash flow, enhanced internal controls, automated finance systems, successful P&L growth, and informed decision-making. Proficient in influencing business decisions centered on strategic growth, financial modeling, financial planning and projections, treasury, and working capital to drive growth. Hands-on expertise in IFRS, UAE/KSA tax laws, data analysis, and transfer pricing compliance to drive strategic decisions and ensure regulatory excellence. Highly skilled in managing financial portfolios, turnarounds, mergers and acquisitions, optimizing capital structures, and financial restructuring that support long-term growth. Competent in building financial functions from the ground up, pioneering new financial models, leading ERP implementations (Oracle, Microsoft Navision), and driving value despite risk volatility. Highly competent in managing finance teams, constantly challenging the status quo, and inspiring others to exceed their potential through empowerment and smart risk-taking.
Education
Experiences
Strategic Planning: Evangelize the financial outlook by formulating the financial strategies that support the business vision and objectives. • Financial Leadership: Ensure financial operations are scalable, supporting the growth trajectory while maintaining operational efficiency. • Financial Oversight: Drive the full spectrum of financial operations, delivering precise reports and optimizing overall business performance. • Financial Frameworks: Create and execute finance & accounting frameworks, accelerating improvements and supporting scalable growth. • Treasury Management: Supervise treasury, ensuring efficient management of cash reserves, working capital, and investment portfolio. • Mergers & Acquisitions: Lead financial due diligence processes and assist in evaluating mergers & acquisitions to support growth initiatives. • Internal Controls: Maintain robust financial controls, minimizing the potential for fraud and ensuring integrity across all financial processes. • Budgeting & Forecasting: Lead the development of accurate financial forecasting models, supporting the long-term fiscal strategy. • Feasibility Studies: Conduct comprehensive feasibility studies and strategically craft high-value proposals to drive business growth. • Audit Control: Champion audit control processes within finance and accounting, ensuring unwavering compliance and transparency. • Transfer Pricing Models: Conceptualize effective transfer pricing models to optimize global tax efficiency, substantially boosting profitability. • Costing: Create costing methodologies for laboratory services, driving financial sustainability while maintaining high service standards. • Receivables Management: Actively manage the receivables, ensuring cash flow optimization and robust risk mitigation strategies. • VAT Compliance: Oversee VAT compliance and execute corporate tax strategies, ensuring adherence to multi-jurisdictional regulations. • Team Leadership: Manage a high-performing, diverse team of professionals, driving excellence and cross-functional collaboration.
Key Deliverables: • Orchestrated the development of a business strategy, defining actionable objectives and setting clear long-term growth targets. • Delivered a detailed and strategic five-year business plan, establishing a clear roadmap for continued expansion. • Provided finance advisory services, focusing on profitability enhancement, meticulous cost control, and effective fund management.
Managed a portfolio valued at USD 500 million, directing initiatives that delivered both growth and profitability as per corporate objectives. • Drove business transformation, leading initiatives that enhanced operational efficiency, elevated productivity, and reduced total costs. • Formulated financial plans, guiding key decisions such as capital investments, post-investment analysis, and competitor benchmarking. • Led cost optimization initiatives, driving strategic dis-investment, and managing the balance of debt and equity for capital efficiency. • Oversaw liquidity management and working capital optimization, ensuring financial flexibility and agility for growth. • Executed superior inventory management strategies, increasing turnover while significantly reducing obsolescence losses. • Led the preparation of financial reports in collaboration with Big 4 auditors, ensuring transparency and strict compliance. • Built a corporate governance framework, ensuring the organization exceeded compliance expectations and met stakeholder objectives. • Introduced and implemented stringent internal controls to ensure financial integrity, accuracy, and reporting compliance. • Led, mentored, and developed a high-performing team of 100, fostering a culture of innovation, empowerment, and continuous growth.
Directed business plan validation processes, ensuring alignment with corporate goals and maximizing profitability. • Conducted in-depth variance analyses to identify discrepancies, executing corrective measures to ensure accurate financial forecasting. • Led the transformation of underperforming business units into consistently profitable segments, delivering sustainable revenue growth. • Achieved remarkable profitability growth, securing ISO: 9000 certification and reinforcing the organization’s commitment to quality. • Orchestrated the transition to Oracle ERP, streamlining operations and enhancing data accuracy through seamless system migration. • Managed external financial reviews and audits with Big 4 firms, ensuring full regulatory compliance and operational transparency. • Created and enforced financial systems, policies, and procedures, enhancing internal financial control and safeguarding organizational assets