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Sonam DeqzomriChief Financial Officer

Sonam Deqzomri · Chief Financial Officer · India

From supervised records to enterprise funding choices

Chief Financial Officer

Raqzomthi Modular Estates

Sector
Modular site-office and temporary workplace hire
Ownership
Founder family 58%; patient-capital investors 30%; employee vehicle 12%
Company scale
₹72 crore FY ending March 2026: ₹52 crore hire and ₹20 crore project services
Employees
168 at March 2026; external advisers separately
Geography
Siliguri base; fictional regional infrastructure and industrial customers
Reporting to
CEO Meera Qerzavthi
Team
Twenty-three finance employees through four leads
Financial scope
₹3.7 crore annual finance function expense; enterprise fleet carrying amount ₹86 crore is not a delegated spending budget

Mandate

Connect fleet investment, customer cash commitments and financial reporting across repeated asset hires.

Outcomes

  • Represented scheduled deposit returns before sizing a new fleet order.
  • Retained both ready-fleet and owned-cohort utilisation in a selected investment review.
  • Supported a qualified mixed renewal proposal with distinct remaining-life assumptions.
  • Developed a narrower funded fitout without assuming the optional rental period was committed.

Decisions in context

I report to Meera and lead twenty-three finance employees through four leads. The function's ₹3.7 crore annual expense is distinct from company revenue, the fleet carrying amount and investment approved by the board. The current role requires me to connect a customer's agreement with the asset and funding obligations that continue across several hires. The deposit, utilisation, renewal and fitout cases show different parts of that responsibility. Each retains a commercial objection and a limit on what the recorded outcome proves. I have no statutory seat, so presenting recommendations to directors must not be described as serving among them. My personal 0.05% holding is included within the employee ownership allocation. A possible outside appointment would require disclosure of that relationship, preparation and a realistic review of the provisional twenty-two days available alongside the executive role.

Reason for the move

Current appointment; considering a first board contribution after preparation and suitability review.

Director of Finance — functional appointment

Raqzomthi Modular Estates

Sector
Regional modular workplace ownership and hire
Ownership
Private founder, investor and employee ownership
Company scale
₹48 crore FY ending March 2016
Employees
131 in FY2016
Geography
Siliguri-led regional business
Reporting to
Then Chief Executive Officer
Team
Eighteen finance colleagues
Financial scope
₹2.6 crore annual function expense

Mandate

Develop the enterprise financial account while connecting individual assignments with the continuing fleet.

Outcomes

  • Owned and corrected the 2018 omission of return-transport expense.
  • Retained the agreed customer price while absorbing the company's ₹18 lakh obligation.
  • Separated the corrected direct cash surplus from profit after other enterprise charges.

Decisions in context

This functional director title did not appoint me to the statutory board. I led eighteen finance colleagues and reported to the then CEO, with ₹2.6 crore annual function expense. The company recorded ₹48 crore FY2016 revenue and employed 131 people. My most important learning from this period was uncomfortable: I supported an assignment account that omitted the return movement of hired sections. Arvind's challenge required a correction from an incomplete ₹44 lakh direct cash surplus to ₹26 lakh, before the other stated exclusions. We paid the return expense without imposing an unagreed customer fee. The incident made the boundary of a financial measure central to my judgement. The subsequent CFO appointment broadened the questions I had to connect; it did not erase the mistake or turn the earlier functional title into board service.

Reason for the move

Promoted to CFO with a wider enterprise investment and reporting remit.

Financial Controller

Raqzomthi Modular Estates

Sector
Modular workplace hire
Ownership
Regional private enterprise
Company scale
₹29 crore FY ending March 2008
Employees
Ninety-two in FY2008
Geography
Siliguri and regional customer sites
Reporting to
Finance director
Team
Twelve finance colleagues
Financial scope
₹1.6 crore annual function expense

Mandate

Connect the accounting record with sections moving between customer use, restoration and availability.

Outcomes

  • Brought assignment accounts into discussion with the asset record.
  • Clarified where project-level measures excluded continuing enterprise charges.
  • Worked with asset colleagues on the periods between successive customer hires.

Decisions in context

Moving into modular workplaces changed the object behind the account. A section could serve successive customers, and its financial story continued through the intervals between them. I led twelve colleagues under the finance director, with ₹1.6 crore annual function expense in a ninety-two-person enterprise. The ₹29 crore FY2008 revenue described company scale rather than money under my sole authority. I worked with the asset function to understand how movements and restoration related to assignment records. Technical condition remained a professional judgement outside the ledger. The role helped me explain why a project result could be useful without representing the full asset life. It also prepared me for a broader finance appointment by requiring conversations across functions, rather than relying on an internally consistent set of figures as sufficient evidence that the enterprise account was complete.

Reason for the move

Promoted to functional director of finance as the enterprise remit expanded.

Management Accountant

Veqramthi Equipment Services

Sector
Regional equipment services
Ownership
Private regional enterprise
Company scale
₹22 crore FY ending March 2000
Employees
Eighty-eight in FY2000
Geography
Eastern and Northeast Indian commercial assignments
Reporting to
Finance head
Team
Five colleagues
Financial scope
₹42 lakh annual function expense

Mandate

Prepare management accounts that distinguished assignment costs from the wider equipment-service business.

Outcomes

  • Explained the scope and exclusions of job-level results.
  • Connected receipts and assignment records with the finance head's review.
  • Developed a small team's ability to describe financial movements clearly.

Decisions in context

The management accountant appointment brought five colleagues and ₹42 lakh annual function expense into my remit. Veqramthi had eighty-eight employees and ₹22 crore FY2000 revenue, with the finance head retaining the wider function's authority. I helped managers understand job results without presenting every assignment as a miniature set of company accounts. Some charges could be connected directly to the work; others belonged to the capacity of the enterprise. The distinction needed explanation rather than an argument that one perspective was always superior. I also learned that a clear account allows a manager to disagree with the recommendation without first reconstructing the figures. After more than eight years in this role, I moved to Raqzomthi for a controllership position that would connect a larger team and a reusable asset base with those management reporting responsibilities.

Reason for the move

Joined a modular workplace enterprise to take a larger controllership remit.

Accounts Assistant

Veqramthi Equipment Services

Sector
Equipment-related commercial services
Ownership
Private regional enterprise
Company scale
₹9 crore FY ending March 1994
Employees
Forty-six in FY1994
Geography
Regional eastern Indian operations
Reporting to
Senior accountant
Team
Individual contributor; no direct reports
Financial scope
No delegated spending authority

Mandate

Support supervised invoice, receipt and equipment-job record preparation.

Outcomes

  • Maintained records for review by senior finance colleagues.
  • Learned to distinguish a recorded transaction from the obligation still outstanding.
  • Built the foundation for a later management-accounting appointment.

Decisions in context

I joined in July 1993 after completing my commerce degree that May. The forty-six-person company recorded ₹9 crore FY1994 revenue, but I held no budget or management authority. Under the senior accountant I helped organise transaction and equipment-job records for review. This was supervised work, not responsibility for statutory accounts or investment decisions. It introduced me to the difference between a paper event and the company's remaining undertaking: a receipt could be recorded while its conditions still mattered, and an assignment could be billed before every movement had occurred. I learned to ask experienced colleagues when the record did not explain what remained. The next appointment followed nearly six years of practical work and brought a small team; it should not be read as evidence that I began my career with a senior professional designation.

Reason for the move

Promoted after developing practical accounting and management reporting experience.

What I am looking for next

I want to explore where experience of recurring asset use could help a board ask better investment questions. The contribution would be specific: understanding the difference between assignment receipts, the asset still owned and the obligations carried into its next use. I would not present a CFO title as evidence that I am already prepared for every committee or enterprise. My career contains no statutory directorship, and databank registration and assessment preparation remain unfinished. A prospective conversation should therefore examine the capability sought, the actual relationships and the preparation required before discussing a seat. Twenty-two days is only an initial estimate that needs to include reading, travel and exceptional demands. I would prefer a first contribution where directors value a complete account of an investment over an attractive isolated measure, and where I can learn the collective discipline of oversight without carrying my executive authority into another management team's work. That requires candour about my limitations as well as the decisions I can explain.