The CFO is the most important role in every successful organization, especially post the pandemic in 2020. It is obvious that the CFO's duties include achieving revenue and earnings targets, ensuring the organization’s growth, and maintaining a steady cash flow. Joydeep Mookerjee, CFO of VISION RX LAB, is one of the reputed CFOs, who has successfully driven business excellence in several multinational companies.
He has 32 years of rich experience and has worked for several blue-chip multinational manufacturing corporations, where he has provided executive leadership and managed teams on strategy and transformative initiatives. Joydeep has extensive expertise in FP&A, Fund Raising, Corporate Governance, Financial Controlling, Managing Investor Relations, M&A, Risk Mitigation, Financial Modelling, and P&L Management.
As a Business Partner, he has significantly influenced business inputs which helped MNCs generate Higher Revenue, Better Margins, and significantly improved Cash Flows. Joydeep Mookerjee is a renowned Chartered Accountant and also a brilliant Cost Accountant and has been a lifelong student and is Presently enrolled in ICFAI Jharkhand as a Ph.D. Scholar.
Joydeep works across functional domains, playing a key role in important decision-making through Business Intelligence, and has also helped the leadership by boosting investor and stakeholder relationships. Joydeep has been collaborating as a Business Partner at VISION RX LAB discussing
Plans of Action to ensure that the organization remains well-capitalized, has healthy top-line growth, and has strong margins. Joydeep Mookerjee is the CFO of VISION RX LAB which has a world-class business of ophthalmic lenses and is a subsidiary of the world-famous Essilor Luxottica Group. VISION RX LAB is one of the largest manufacturers of ophthalmic lenses in Asia and offers complete eyewear solutions to customers worldwide.
With innovation as its key focus, the company offers a vast portfolio of innovative eye-care products ranging from advanced digital lenses to fashionable frames and Rx sunglasses. Essilor Luxottica Group brings together the complementary expertise of two industry pioneers, one in advanced lens technologies and the other in the craftsmanship of iconic eyewear, to create a vertically-integrated business that is uniquely positioned to address the world’s evolving vision needs and the global demand of a growing eyewear industry.
Joydeep Mookerjee has successfully raised funds using four ODIs (Overseas Direct Investment) in the four foreign subsidiaries (UAE, Canada, the US, and Europe). He has handled local compliances, taxation, and regulations in UAE, Canada, the US, and Europe, apart from heading the Indian Finance and Legal team.
"CFOs ought to be vigilant and prioritize on how embracing digital technology could add value, either for the business in question or the customers it serves”, highlights Joydeep. "Every level of the organization, from the C-suite to sales, is dependent on precise and timely financial information, but finance departments are under immense time and resource exertion. Increased operational efficiency, lower costs, more accuracy, and adherence to regulatory standards are all feasible with the use of advanced RPA solutions to automate manual, routine, repetitive tasks", he adds.
CFOs ought to be vigilant & prioritize on how embracing digital technology could add value, either for the business in question or the customers it serves
The impact of Joydeep Mookerjee's leadership can be seen in the organization's growth and success. He has been instrumental in maintaining the organization's financial health, while also driving innovation and collaboration. His ability to lead from the front and build a strong team has been integral to the organization's success. Joydeep Mookerjee's leadership style is characterized by an ability to understand the big picture and act decisively on it, while also considering the impact of decisions on the organization as a whole.
"As of 2023, the CFOs of the future must be growth catalysts and value creators. They must be enablers of digital transformation. That is how modern CFOs, in the digital world, position themselves to lead their organizations ahead and thus achieve brilliant success stories," concludes Joydeep.
