CA Vishnu Kumar Sharma
Head of Finance
Could you provide an overview of your professional background and experiences? What drives your daily routines?
I am a certified Chartered Accountant with over 15 years of diverse post-qualification experience within the BFSI sector. My expertise spans 12 years in the Stock market industry and 3 years in the Insurance sector, encompassing roles in Accounting, Budgeting, Forecasting, Financial Planning & Analysis, MIS Reporting, Financial Reporting, Cost-Benefit analysis, and overseeing the Preparation and Finalization of Balance Sheets as per Ind-AS. Additionally, I possess comprehensive knowledge in Direct & Indirect taxation, including GST. Over the years, I have honed strong skills in accounting, analytical reporting, advanced Microsoft Excel, management dashboards, team management, and process improvement.
My professional journey commenced as a Management Trainee at Bonanza Portfolio in October 2008. Within three months of joining, I assumed the role of Corporate Planning & MIS head, stepping up after the unfortunate passing of my reporting manager due to cancer. Successfully meeting the demands of top management and PE investors, I navigated this unexpected responsibility.
Becoming a CFO at the age of 33 in DB (International) Stock Brokers, a publicly listed company on NSE & BSE, was a significant milestone in my career, where I served for approximately three years.
Furthermore, I held the position of Senior Manager – Finance at Will
is Towers Watson India Insurance Brokers, an IRDA licensed insurance broking company. Willis Towers Watson (WTW) is a prominent global advisory, broking, and solutions company with a history dating back to 1828. Operating in over 140 countries with a workforce exceeding 40,000 employees, WTW is a leader in its domain.
Currently, I serve as the Head of Finance at STOCKHOLDING SERVICES. The driving force behind my daily endeavors is a commitment to job satisfaction, achieving success, and executing results-oriented actions.
How do you characterize STOCKHOLDING SERVICES and its current market standing?
STOCKHOLDING SERVICES stands as a subsidiary of Stock Holding Corporation of India, a pioneering entity in India's DEMAT services landscape. Esteemed for its employee-centric approach and a remarkable work environment, STOCKHOLDING is backed by prominent financial institutions. It specializes in Demat Trading, Custodial services, and offers a spectrum of digital solutions such as e-Stamping, e-Court Fee, e-Registration Fee, among others.
In your capacity as the Finance Head of STOCKHOLDING SERVICES, how do you intend to leverage your extensive professional expertise to enhance the organization's standing?
The role of a Head of Finance holds paramount importance in safeguarding an entity's financial resources. My objective is to elevate the organization's profitability by implementing various methodologies, including cost optimization, effective management of working capital, maximizing returns on investments, technological integration, and prudent allocation of investments and capital. Furthermore, I aim to enhance workforce productivity and satisfaction levels.
Through the implementation of these strategies, my goal is to make a significant contribution to the organization's prosperity, positioning it as a financially robust and strategically agile entity within the market. Continuously evaluating and adapting these approaches will be crucial to sustaining a competitive edge in the ever-evolving business landscape.
Share with us your leadership philosophy and methodologies you employ as a leader.
In my leadership approach, I integrate strategic thinking, clear communication, and continuous team development. I adhere to several methodologies, including - Crafting and effectively communicating a strategic roadmap that guides team members toward
Currently, I serve as the Head of Finance at STOCKHOLDING SERVICES. The driving force behind my daily endeavors is a commitment to job satisfaction, achieving success, and executing results-oriented actions.
Our focus includes bolstering cybersecurity measures to safeguard financial data & transactions from potential threats
How do you characterize STOCKHOLDING SERVICES and its current market standing?
STOCKHOLDING SERVICES stands as a subsidiary of Stock Holding Corporation of India, a pioneering entity in India's DEMAT services landscape. Esteemed for its employee-centric approach and a remarkable work environment, STOCKHOLDING is backed by prominent financial institutions. It specializes in Demat Trading, Custodial services, and offers a spectrum of digital solutions such as e-Stamping, e-Court Fee, e-Registration Fee, among others.
In your capacity as the Finance Head of STOCKHOLDING SERVICES, how do you intend to leverage your extensive professional expertise to enhance the organization's standing?
The role of a Head of Finance holds paramount importance in safeguarding an entity's financial resources. My objective is to elevate the organization's profitability by implementing various methodologies, including cost optimization, effective management of working capital, maximizing returns on investments, technological integration, and prudent allocation of investments and capital. Furthermore, I aim to enhance workforce productivity and satisfaction levels.
Through the implementation of these strategies, my goal is to make a significant contribution to the organization's prosperity, positioning it as a financially robust and strategically agile entity within the market. Continuously evaluating and adapting these approaches will be crucial to sustaining a competitive edge in the ever-evolving business landscape.
Share with us your leadership philosophy and methodologies you employ as a leader.
In my leadership approach, I integrate strategic thinking, clear communication, and continuous team development. I adhere to several methodologies, including - Crafting and effectively communicating a strategic roadmap that guides team members toward
achieving short-term and long-term goals. Implementing cash flow management strategies to optimize investment yields. Utilizing analytical skills to think innovatively and explore unconventional solutions. Instilling a results-oriented mindset among team members. Establishing benchmarks for commitment and account ability. Taking ownership of responsibilities and challenges to drive progress. These methodologies form the foundation of my leadership style, fostering a culture of innovation, account ability, and focused goal achievement within the team.
What are the latest financial strategies or advancements being pursued by the organization? What financial trajectory has been charted for STOCKHOLDING SERVICES?
We've initiated a cost optimization technique, continuously assessing our cost structure to uncover optimization opportunities while ensuring sustained performance levels. In our highly regulated stock market sector governed by SEBI and Exchanges, we're enhancing regulatory compliance by adopting new cloud-based software from TCS for both back and front office operations. Moreover, our focus includes bolstering cybersecurity measures to safeguard financial data and transactions from potential threats.
Regarding our financial roadmap, it involves a comprehensive assessment of the organization's current financial status through SWOT analysis. This evaluation aids in determining the optimal allocation of financial resources to bolster key initiatives and projects. Additionally, we've transparently communicated this financial roadmap to both internal and external stakeholders, outlining our objectives and ensuring alignment across the organization.
What advice would you give to the upcoming financial leaders in the industry?
For aspiring financial leaders, here's advice to thrive in the industry - Stay updated on industry trends, tech advancements, and regulatory shifts. Build a robust foundation in financial analysis and technical finance skills. Cultivate communication, leadership, and inter personal abilities. Embrace emerging finance technologies like data analytics and AI. Prioritize worklife balance and avoid office politics for personal gains, preserving valuable resources. Recognize the importance of a capable team, investing in development, mentorship, and fostering a positive work culture.
CA Vishnu Kumar Sharma, Head of Finance, STOCKHOLDING SER- VICES
CA Vishnu Sharma, Head of Finance at STOCKHOLDING SERVICES, hails from Bharatpur, Rajasthan, growing up in a modest, low-income family. Graduating in Commerce from Rajasthan University in 2003, he earned his CA final qualification in the May 2008 attempt. Vishnu firmly upholds principles of honesty and integrity in both personal and professional realms.
What are the latest financial strategies or advancements being pursued by the organization? What financial trajectory has been charted for STOCKHOLDING SERVICES?
We've initiated a cost optimization technique, continuously assessing our cost structure to uncover optimization opportunities while ensuring sustained performance levels. In our highly regulated stock market sector governed by SEBI and Exchanges, we're enhancing regulatory compliance by adopting new cloud-based software from TCS for both back and front office operations. Moreover, our focus includes bolstering cybersecurity measures to safeguard financial data and transactions from potential threats.
Regarding our financial roadmap, it involves a comprehensive assessment of the organization's current financial status through SWOT analysis. This evaluation aids in determining the optimal allocation of financial resources to bolster key initiatives and projects. Additionally, we've transparently communicated this financial roadmap to both internal and external stakeholders, outlining our objectives and ensuring alignment across the organization.
What advice would you give to the upcoming financial leaders in the industry?
For aspiring financial leaders, here's advice to thrive in the industry - Stay updated on industry trends, tech advancements, and regulatory shifts. Build a robust foundation in financial analysis and technical finance skills. Cultivate communication, leadership, and inter personal abilities. Embrace emerging finance technologies like data analytics and AI. Prioritize worklife balance and avoid office politics for personal gains, preserving valuable resources. Recognize the importance of a capable team, investing in development, mentorship, and fostering a positive work culture.
CA Vishnu Kumar Sharma, Head of Finance, STOCKHOLDING SER- VICES
CA Vishnu Sharma, Head of Finance at STOCKHOLDING SERVICES, hails from Bharatpur, Rajasthan, growing up in a modest, low-income family. Graduating in Commerce from Rajasthan University in 2003, he earned his CA final qualification in the May 2008 attempt. Vishnu firmly upholds principles of honesty and integrity in both personal and professional realms.