20 Acquisition International - Global CFO Excellence Awards 2023 May23577 Industry & Manufacturing CFO of the Year 2023 (India): Madhan Mohan Founded in 2004, JS Auto Cast Foundry India is a manufacturer of raw and machined ductile iron castings for numerous internationally renowned brands. It develops unique solutions in collaboration with its clients across a broad range of industries and boasts advanced infrastructure for high quality iron castings. adhan Mohan is the CFO at JS Auto Cast Foundry India, a manufacturer who works with customers in the agricultural, mining, oil & gas, power generation (through green energy), material handling, and industrial applications, amongst other industries. The company has a commitment to achieving quality and customer satisfaction, which has seen it excel in its dynamic and demanding industry. It specialises in manufacturing premium quality products with fine precision and intricacy. Mohan had always been interested in the domain of the business world, from back when he first began his MBA. As a student he underwent an internship with Johnson & Johnson, where he was known for cost cutting in clearing and forwarding operations. It was here that he developed a talent and a passion for building ready to go financial strategies, which enhanced his skill set in every way possible. In 2004 he joined Finolex Industries as part of the trade and promotions department, and then in 2007 he was presented with an even greater opportunity to work with the Citi Group. Here, he was responsible for sales, operations, collections, retention, and revenue generation for the company. M After a year with Citi Group, Mohan expanded his horizons through entrepreneurship, and began running a technology training and development startup. During his 3 years spent here, Mohan learned a great deal about life, which he took forward with him to help shape his future career. He also realised during this period the power of networking and having good connections in various industries through the alumni and business network. He realised he had an ability to innovate across the financial sector, which is what lead him to reboot his career, and start providing solutions for corporate customers and SMEs through an investment banking boutique, Sreenjivi Consulting. It was through this vast and hands on experience of the financial field that Madhan came to join JS Auto Cast Foundry India as its CFO in 2017. Throughout his career, Madhan has experienced several different roles and industries, and he has been able to learn from many amazing people along the way. The leadership style he ascribes to the most personally is that of empowering others to take decisions. He believes that micromanaging creates more problems than it solves, whereas by creating a system of mutual trust organisations are provided with the primary requirement needed to grow. Setting clear objectives, and making sure everyone in the team understands, means there is clarity regarding the thinking and communication process, something that leads to better performance as a whole across the organisation. Madhan thinks that to be a successful CFO you need to be agile, take the initiative, and be able to think outside the box. On a personal level, he also recognises that there are times when he was required to operate outside his primary domain, and thus expand his outlook. This is one of the things he thinks has always lead to him giving of his very best to the organisation. Ultimately, Madhan believes that delivering services beyond the functional domain always embeds a real sense of satisfaction and achievement, he thinks this is key. To stay at the top of its game, Madhan thinks it is important to ensure that everyone keeps contributing so they can reach the right place at the right time. As for the future of JS Auto Cast Foundry, Madhan aspires to make the organisation the best in the country, before taking it on further from that point. It has a huge list of projects it plans to embark on, and new developments, which will be announced as and when. What he can definitely say is 2023 is looking good, and the company is on a steady path to growth. The timing couldn’t be any more apt for the Global CFO Excellence Awards to select him as the recipient for Industry & Manufacturing CFO of the Year 2023 (India): Madhan Mohan. Well done to Mohan, an industrious and visionary leader. Company: JS Auto Cast Foundry India P Ltd. Web Address: https://www.jsautocast.com Contact Name: Madhan Mohan Email : Madhanmohan.c@jsautocast.com “He is known for delivering innovative strategies beyond financial functions for the organization”
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