SJVN Limited announced that Board of Directors of the Company in its Meeting approved the appointment of Shri Sanjay Kumar as the Chief Financial Officer (CFO) of the Company, effective from January 01, 2025. Shri Sanjay Kumar Is A Fellow Member of the Institute of Chartered Accountants of India with over 32 Years of Experience. His Career Spans Across Financial Management, Strategic Planning and Regulatory Compliance.
Currently, He Is Serving as the Chief General Manager (Finance) of the Company. He Is Responsible for Preparing the Company's and Group's Financial Statements, Providing Concurrence to High-Value Proposals Requiring Board Level Approvals, Formulating Financial Plans to Support Growth, Ensuring Timely and Accurate Disbursement of Employee Claims. He Also Engages with Investors by Addressing Their Queries. He Has Contributed to Several Transformative Initiatives in the Company Including Transitioning the Company's Accounting System to Double-Entry Book-Keeping, Implementing Ind-As Compliant Financial Statements, and Preparing Consolidated Accounts with Subsidiaries for the First Time.
He Was Also the Core Member of the Team Which Was Responsible for the Launch of Company's Ipo. He Also Oversees Corporate Accounting and Taxation Matters. Further, He Has Also Contributed to the Implementation of Financial Systems, Playing A Key Role in Designing and Integrating Accounting and Payroll Software Tailored to Project Operations.
Additionally, He Has Also Been A Part of Various High-Impact Initiatives, Such as the Capitalization of Njhps and the Preparation of Tariff Petitions, Aligning Financial Strategies with the Organization's Broader Goals.
