Finance the rights and responsibilities that actually exist
Chief Financial Officer / India
I connect the financial plan for a parking-estate business with the assets it owns, the payment terms it has agreed and the service still owed after cash is collected.
Open toBoard appointments · Executive opportunities
Company investment and property permissions separately authorised
Owned and contract-operated properties
16 sites
Four owned structures and twelve privately contracted sites
A financial model should describe the right the company actually holds and the work it still has to fund. A visible cash receipt is not the end of that account.
Finance the rights and responsibilities that actually exist.
In 2018 I supported a parking-site investment model that included ₹8 crore of land value at the end of the operating period. The proposed agreement gave our company a defined operating right; it did not give us ownership of that land or an entitlement to sell it. I had carried an assumption from an owned-property model into a different business arrangement. Removing that value changed the proposal before the ₹21 crore programme was approved. The correction was about the asset the company could actually realise, not a forecast that property prices would fall.
I lead finance at Dalqverni Parking Estates in Ranchi. The enterprise owns four parking structures and operates twelve other commercial sites under private agreements. Its 310 employees support ₹138 crore annual revenue for FY2025–26. Four heads lead thirty-six finance colleagues within ₹6.2 crore annual function expense. I report to CEO Kamal Zaqvelthi and work with contract controller Leena Zevqlathi. Finance must understand the agreed rights and obligations, while legal interpretation, reporting and technical decisions retain their qualified owners.
Two later reviews tested the same discipline in different ways. A landowner-payment model added a minimum and a variable amount even though the agreement required the higher of the two. A selected cash plan omitted the future cost of serving customers who had already prepaid. We revised both accounts before using them to justify another commitment. I would consider a CFO mandate where the financial model can change the preferred commercial route, including an assumption I previously supported. An outside-board contribution would require unfinished governance preparation and a tested calendar; twenty-one annual days is only an initial proposal. I could help directors examine what the company owns, what it must pay and what it must still do, without allowing a favourable valuation or a collected balance to conceal the conditions behind the decision.
Unowned land removed from an investment model
An ₹8 crore terminal-value assumption was withdrawn when the operating agreement was distinguished from property ownership.
A floor and a variable payment represented as alternatives
The model used the higher contractual amount rather than charging both components in the same scenario.
Prepaid customers kept inside the forward service-cost account
A selected ₹82 lakh cash-planning balance reduced to ₹40 lakh after ₹42 lakh of continuing service expense was included.
Financial interpretation with named professional boundaries
Planning, contract review and reporting are connected without treating the CFO’s model as a substitute for qualified legal or accounting decisions.
Current focus
Making property assumptions and continuing service costs visible before the cash plan supports another commitment.
Conversations I welcome
Finance leadership and a prepared first outside-board contribution with appointment-specific assessment.
The leadership record
Trusted with consequential decisions.
Formation
Bachelor of CommerceRevqlazni Commerce College · 1994
Ragini distinguishes the right we hold from the value we would like a model to show. She withdrew her own recommendation when a land assumption did not belong to our operating agreement.
Kamal ZaqvelthiFictional CEO, Dalqverni Parking EstatesThe full record ↗
Contact
Finance leadership and a prepared first outside-board contribution with appointment-specific assessment.