Brightcom Group Limited announced Mr. Singaraju Lakshmi Narayana Raju will stand in as the Company's Compliance Officer till company hire a full-time Company Secretary and Compliance Officer. Before joining Brightcom Group, Raju worked with Cambridge Technology Enterprises Ltd. as Vice President of Finance and headed their Malaysian unit's financial operations. He was also a part of a team responsible for initiating, stabilizing and operating a new revenue line by partnering with a few prominent companies in the IT /ITES industry. Before Cambridge Technology Enterprises, Raju worked with Deloitte Consulting India Pvt. Ltd. as a
Senior Business Advisor for ten years, with hands-on experience in functional analysis focusing on reducing complexity and improving efficiency and effectiveness. The aim was to shift the attention from operational matters toward supporting shareholder value. In his previous roles, he was instrumental in setting up a costing system, group financial reporting system, these systems met statutory requirements, managed treasury and helping finance projects. Raju was actively involved in setting up accounting and finance back office, Amalgamation of group companies, project financing using the financial institutions /IPO route and managing the treasury, budgeting and planning for
onshore capacity enhancements. He worked as Senior Advisor, India at The Hackett Group, Strategy Consulting from July 2006 to April 2010. He worked as Manager- Finance, India, India at Maheswari Group of Industries from April 2005 to June 2006. He Led the Amalgamation of group companies, Completed the internal due diligence and Finalized the terms and conditions with Merchant bankers for the proposed IPO. He worked as Manager Finance, India, Rani Constructions Pvt Ltd. from May 2003 to March 2005. He Lead the arbitration proceedings with government agency and secured a favourable decision for INR 800 Lakh, Designed and implemented an end-to-end supply chain for raw materials required for a Road project and Secured working capital facilities to the tune of INR 2,000 lakh. He worked as Independent Financial Consultant from March 1999 to April 2003. As a freelancer, involved in finalizing the accounts and conducting audits of various industries operating in manufacturing and service verticals, advisory services were provided in setting up costing systems and pricing issues. Support services were provided in fundraising activities, including conducting project
feasibility studies and in project report preparation. He worked as Regional Audit Manager, India at Gati Limited from December 1996 to February 1999. As a regional Audit manager for the Gandhi Nagar region, his responsibilities include conducting the audit of branches located in Gujarat and Rajasthan. Identifying the branches with weak internal controls and suggesting the improvement measures, ensuring compliance with company policies and suggesting amendments to existing policies to strengthen internal and cost controls. Part of the team responsible for framing new policies and suggesting amendments to existing ones. Part of the team responsible for implementing and reviewing the cost controls. He worked as Accountant, India at ICRISAT from September 1995 to November 1996. Reporting to Director Finance, the responsibilities include finalizing the accounts of six countries in East and Western Africa, Internal Audit, Inter-location and Bank reconciliations, consolidation of Accounts, supporting the efforts to secure grants from member countries and monitoring the Budgets. He worked as Cost Accountant, India at Priya Foods from November 1994 to August 1995. As a cost accountant, the responsibilities include: Setting up of Costing system to provide information on product-wise costs; Conducting variance analysis; and Supporting the product pricing and preparation of price lists. Successfully implemented the costing system. His Education includes Grad. CWA, from ICWAI ­ December 1995; Chartered Accountant (Final Group II) from ICAI ­ May 1995; and Bachelor of Commerce from Osmania University ­ March 1989.