Santosh Narayan Gumte

• Chaired the Governance Committee, overseeing succession planning and Board composition in the management of the factory.
• Offered recommendations to the board on ways to improve success of actions and proposed plans.
• Built consensus between factions and devised innovative strategies to improve business decision-making processes.
• Managed timely flow and accuracy of communication to Board members on all strategic matters.
• Worked effectively as the CEO / Managing Director to attain and compile Shareholder views for Board consideration.
• Encouraged and facilitated discussions and contributions from non-executive members for Board consideration.
• Mediated Board decision making processes, allowing opportunity for debate on major proposals.
• Led Board discussions on company culture, mediating conflict on issues such as diversity and inclusion.
• Presided over shareholder gatherings to provide information and respond to questions.
• Met individually with employees to offer feedback and insight on job tasks based on careful review.
• Delivered high level of service to our customers in and outside of Uganda, to build upon future relationships.
• 601 employees and two production facilities
• Successful in capturing more than 65% market share in Uganda
• Exporting to South Sudan, Burundi, Eastern Congo
• Built strong partnerships with dealers, painters, Community, Businessmen and local leaders
• Successful in promoting sports in Uganda by way of sponsorships and engagements especially in Cricket (Men’s National Team), Football, Rugby, Netball (National Team), Motorsport.
• Giving back to the community by way of donations to educational and religious institutions, hospitals, Cultural institutions and programs
• Implemented international quality standards ISO 9001:2015, Environmental Standard ISO 14001:2015, Occupational Health and Safety ISO 45001:2018 and Laboratory recognition ISO 17025:2017 in the company.
• Directed strategic planning to develop and implement corporate goals, objectives, policies, and procedures.
• Developed action plans to ensure that all organizational objectives are met in a timely manner.
• Oversaw day-to-day operations of the company while coordinating with staff members.
• Negotiated contracts with vendors and suppliers to maximize cost savings for the organization.
• Established performance standards and monitored progress towards achieving them.
• Provided guidance to team members on project management principles and best practices.
• Monitored financial performance of the organization and initiated corrective actions as needed.
• Ensured compliance with applicable laws, regulations, policies, and procedures related to business operations.
• Coordinated with senior leadership teams to develop long-term growth plans for the organization.
• Managed external communications such as press releases, media interviews.
• Identified potential risks associated with operations and developed mitigation strategies.
• Implemented process improvements initiatives across various departments within the organization.
• Developed budgeting models used in forecasting future revenues and expenditures.
• Performed regular reviews of operational processes to reduce costs while maintaining quality standards.
• Increased efficiency, effectiveness and profitability by managing team productivity, costs and budgets.

• Reviewed financial documents and records to assess accuracy and compliance with applicable laws, regulations, and standards.
• Identified discrepancies in financial data and recommended corrective actions to resolve them.
• Analyzed trends in financial performance to identify areas for improvement.
• Prepared detailed reports on financial status of clients' investments.
• Developed strategies to improve efficiency of business operations and reduce costs.
• Evaluated complex financial information from multiple sources to make sound recommendations.
• Provided guidance on investment decisions based on current economic trends and forecasts.
• Performed quantitative analysis of historical data to identify patterns or anomalies in the data set.
• Collaborated with other departments to ensure accurate budgeting and forecasting processes were followed.
• Assisted in developing long-term strategic plans for investments that aligned with organizational goals.
• Managed portfolio performance by monitoring changes in markets, client objectives, and risk tolerance levels.
• Monitored external environment factors impacting the organization's finances such as interest rates, exchange rates.
• Proposed solutions for addressing liquidity issues based on cash flow projections.
• Interpreted accounting policies and procedures to ensure regulatory compliance.
• Prepared monthly balance sheets, income statements, cash flows statements, budgets.
• Assisted senior management in preparing timely reports for board meetings.
• Analyzed financial data to identify trends, patterns and strategies.
• Generated financial reports to garner forecasting, trending and narrative results analysis for management.
• Evaluated financial records for accuracy and conformance to regulations.
• Prioritized and expedited assigned work to meet changing business circumstances.
• Assisted senior management maintain profitability by analyzing portfolios and implementing strategies and techniques.
• Comparision of performance of Sadolin Paints (u) Ltd, Sadolin Paints (E.A.) Ltd and Sadolin Paints (T) Ltd.
• Undertook detailed internal audits for the following companies:-

(1) Sadolin Paints (EA) Ltd

(2) Sadolin Paints (T) Ltd

(3) Sadolin Paints (u) Ltd

(4) Sadolin Paints (Rwanda) s.a.r.l.

(5) Going Places

(6) Achelis (Kenya) Ltd

(7) Achelis Material Handling Ltd

(8) Mcleod and co. (EA) Ltd

(9) Longonot Agencies

• Traveled extensively within East Africa and Rwanda visiting the above companies and looking at internal controls.
• Handled the accounts department of Sadolin Paints (T) Ltd for one month, while the accountant was on leave.
• Designed documents like Purchase orders and invoices in syspro for Sadolin Paints (T) Ltd.

• Developed and implemented commercial strategies to drive revenue growth.
• Implemented Impact Encore ERP accounting software with focus on manufacturing module in Sadolin Paints (T) Ltd, Dar es Salaam, Tanzania
• Checked for accuracy of data / rectified the data in Integrated Distribution software for the distributors of Proctor and Gamble in Orissa, Ahmedabad, Jalandhar, Jaipur (places within India).
• Did sales tax and stock reconciliations for Procter and Gamble India Limited at Calcutta, Delhi, Lucknow, Patna, Ambala, Chandigarh, Parwanoo, and Gwahati (places within India).
• Headed fixed Asset assignments for the following companies –

(1) BPL US West Cellular Limited – Locations included states of Kerala, Tamilnadu and Maharashtra and the city of Bangalore

(2) BPL Mobile Limited – Mumbai

(3) Procter and Gamble India Limited – Mumbai

(4) Procter and Gamble Godrej – Mumbai

(5) Alkyl Amines Chemicals Limited – Mumbai

(6) Chemtex Engineering of India Limited – Mumbai

(7) Modern Hygiene Products Private Limited – Goa

(8) MBS Hygiene Products Private Limited - Mumbai

• Preparation of projected five year plans for KMA Limited, the first company to be managed by the workers in India, for submission to The Board for Industrial and Financial Reconstruction in India (BIFR).
• Created and managed relationships with key stakeholders in the industry.
• Analyzed market trends, competitor activities and customer needs to identify new business opportunities.
• Conducted financial analysis of potential investments, acquisitions and partnerships.
• Negotiated contracts and agreements with vendors, suppliers and partners.
• Established pricing policies for products and services to maximize profitability.
• Managed sales teams to ensure targets are met or exceeded on a monthly basis.
• Designed marketing campaigns for product launches, promotions and advertising initiatives.
• Monitored performance metrics such as revenue, cost of goods sold, gross margin to measure success of commercial activities.
• Led cross-functional teams in development projects from conception through implementation stages.
• Developed budgets for all areas of the business including marketing, operations, finance.
• Preparation of final accounts (i.e) Balance sheet, Profit & Loss account and financial ratios on a monthly basis.
• Ensured that a proper system of internal controls exist within the organization, review them periodically and suggest improvements / changes.
• Liase with Uganda Revenue Authority and Rwanda Revenue Authority on matters of taxation.
• Evaluated the software and hardware requirements of the two companies and implement the same.
• Troubleshoot the accounting softwares (syspro and tally) and maintain proper link in tally between Sadolin Paints (U) Ltd and Sadolin Paints (Rwanda) s.a.r.l.
• Ensured that the integrity and accuracy of data is maintained and proper backups are taken on a daily basis.
• Designed reports, in Syspro, which are easy to understand and user-friendly.
• Designed and set up document generation and printing through syspro accounting software
• Provided strategic guidance to clients on best practices for business operations.
• Developed detailed project plans and timelines to ensure successful completion of projects.
• Conducted in-depth research into industry trends and competitor activities.
• Collaborated with cross-functional teams throughout the organization to ensure alignment of objectives.
• Facilitated workshops with stakeholders to review current procedures and develop new processes.
• Partnered with senior executives to identify key performance indicators for measuring success.
• Coordinated with appropriate departmental staff members to assign proper procedures for project implementation and strategic aim.
• Spearheaded strategic component development strategy in alignment with future project goals.
• Participated in training and managing new hires to bring new team members up to speed.
• Assisted in developing and implementing different workflows and communication processes.

• Organized and maintained filing systems for confidential documents.
• Portfolio Investment Reconciliation for Standard Chartered Bank – creating a database in excel giving information about securities lodged with the bank and reconciling the same with scrips physically available with the bank and giving reasons for differences
• Preparation of Projected Balance Sheet, Profit and loss account and Cash flow statements of clients for submission to banks
• Headed statutory audits, tax audits and internal audits
• Preparation of books of accounts and Annual financial statements of clients
• Creation of masters in EX Next Generation, tally and birds eye accounting softwares.
• Bank reconciliations
• Assisted customers with inquiries and complaints in a professional manner.
• Processed payments, refunds, and exchanges accurately and efficiently.
• Operated cash register to process cash, check, and credit card transactions.
• Resolved discrepancies between invoices and purchase orders quickly.
• Performed data entry tasks to update customer accounts records.
• Verified accuracy of all paperwork prior to submission for processing.
• Created memos, letters, emails, reports, presentations as requested by management.
• Processed sales transactions to prevent long customer wait times.
• Delivered high-quality customer service through deep commitment to knowledge and performance.
• Supported office clerical functions using word processing and other software, email and office machines.
• Greeted visitors in a friendly and professional manner while directing them appropriately.
• Created, updated and maintained detailed documents, charts and spreadsheets to sort company information.
• Directed clients and guests to correct departments, rooms and staff members.
• Oversaw office inventory by restocking supplies and submitting purchase orders.
• Communicated with customers, employees and vendors to answer questions and address complaints.
• Typed, formatted and edited correspondence and other documents.
• Copied, sorted and filed records of office activities and business transactions.