EXECUTIVE PROFILE
A strategic finance, cost and management accounting professional with 21+ years of diversified experience and core competencies in strategic and financial planning, consolidation and finalization of accounts, management of working capital, forecasting, budgeting and internal control frameworks across the contracting, manufacturing, trading and retail sectors. Seeking a position to provide superior ROI and maximize shareholder value leveraging on strategic and operational acumen. Trained in VAT in U.A.E. by Deloitte and KPMG.
SKILLS SUMMARY
Strategic:
Financial Planning & Analysis
Restructuring Business Models
Cash Flow & Working Capital Management
Capital Budgeting
Supply Chain Management Operational:
Finalization of Accounts & MIS Reporting, Financial Statement Analysis, Cost Accounting, Cost Control & Variance Analysis,
Internal Controls,
Budgeting and Forecasting,
IFRS, External & Internal Audit preparation & compliance
Payroll Management
Contracts Review
Banking, Insurance & Legal
Value-Added Attributes:
Implementation of Costing system,
Development of Policies & Procedures, Internal Control frameworks and KPIs.
Enterprise Risk Management
Implementation of ERP systems.
Communication & Interpersonal Skills
Analytical Skills, Critical Thinking
Certified ISO- 9001:2008 Internal Auditor.
WORK EXPERIENCE
FINANCE MANAGER – Gulf Dynamic Services LLC & Labtec LLC, Sharjah, UAE – June 2013 - Present
The companies are subsidiaries of Masharie LLC, part of the Dubai Investments PJSC group of companies.
Responsibilities:
? Serving as the finance manager of 2 companies Gulf Dynamic Services (fit out and joinery contracting) and Labtec (manufacturing, supply and installation of laboratory furniture, fire rated doors and vanities). Reporting to the Board of Directors, the Chairman and to the Group CFO.
? Managing full spectrum of the strategic finance role encompassing areas of managing different business verticals and their financial needs, tracking business expansion, performing feasibility studies, evaluating business proposals, forecasting and budgeting.
? Preparing entire reports for the quarterly meeting of the Board of Directors and providing forecasts in order to enable strategic decision making.
? Preparation and review of annual budgets, forecasting profitability for scheduled projects by strategizing with business heads and other departments to develop alternative solutions in order to ensure sustained growth.
? Identifying and investigating variances to financial plans and forecasts by interpreting financial results, effecting control measures and optimizing financial forecasting to ensure accurate reporting, proposing metrics and KPIs to be incorporated into the monthly financials and providing directors with target actions.
? Assuming responsibility for cash flow, monthly MIS, budgeting, working capital management, project cost control and preparation of annual financial reports with all the lead schedules
? Liaising with the auditors (KPMG), bankers and other key stakeholders interfacing with the finance function, overseeing the internal control function and interacting with the internal auditors as per requirements.
FINANCE MANAGER – Ahmad TEA FZC, Ras Al Khaimah, UAE – January 2010 – May 2013
The entity is the world’s 3rd largest tea manufacturing group, head quartered in the UK.
Achievements:
? Served as a key member of the management team, involved from the inception of the factory building process and the operational phase thereafter.
? Implemented the ERP system, MS GP Navision, the cost and management accounting system and the MIS structure.
Key Responsibilities:
? Reported to the Chairman in UK head office and the General Manager in RAK.
? Spearheaded all operations in the department with independent charge of the finance and costing division.
? Oversaw a broad spectrum of finance functions ranging from strategic financial planning, budgeting, forecasting, working capital management to internal controls, variance analysis and periodic business review.
? Initiated several continuous improvement initiatives and enhanced productivity by implementing budgetary control, a sound cost accounting system and timely MIS reporting apart from the preparation of monthly financial statements and cash forecasts.
? Enforced robust control measures apart from regular financial and cost and management reporting activities carried out.
FINANCE MANAGER – Al Swiss Group of Companies, Ajman, UAE – February 2005 – January 2010
The entity belongs to a group of manufacturing, engineering and contracting firms operating in UAE,
India and Canada.
Achievements:
? Developed and implemented financial policies and procedures in line with the overall policies of the company.
? Oversaw the implementation of ERP application software and providing direction and support on the workings of the same.
? Formulated new business plans for the group and played a pivotal role in the formation and incorporation of new ventures under the aegis of the group.
? Significantly increased revenue and controlled expenses through streamlining procedures and implemented measures for cost- effectiveness
? Diligently managed crunch-time working capital positions.
? Management Representative for ISO Quality System Management and certified ISO internal auditor.
? Successfully negotiated annual and individual procurement terms for capital goods, inventory and services.
Responsibilities:
? In charge of the entire commercial, finance, accounts and cost and management accounting functions, was involved in the strategic decision making process and reported to the company’s directors.
? Performed new project evaluation, managed project accounting, project costing and control, managed the development and implementation of the project control mechanism, internal controls and process improvements.
? Defined and implemented internal control policies and measures, liaised with internal and external auditors and completed the audit process.
? Managed monthly general ledger closing, preparation and review of accruals and journal entries for the business and ensuring consolidation of all financials, performed MIS reporting, inventory management and receivables and payables management.
? Handled the finalization of accounts, intercompany reconciliation and consolidation, bank reconciliation, cash flow projections and prepared the fixed asset schedule.
? Liaised with bankers for facilities such as LCs, LGs, OD, the renewal of normal as well as special project facilities.
ACCOUNTS MANAGER – Business Connections LLC, Dubai, UAE – February 2002 – January 2005
The company is into Trading of Electronic goods and ID Products & Solutions
Highlights:
? Implementation of PACT accounting software, implementation and maintenance of the budget as a planning tool , Standard costing and variance analysis.
? Key member of the company management team for managing the day-to-day accounting and commercial operations.
? Developed corporate accounting and operational policies and procedures.
? Independent management of working capital.
ACCOUNTS OFFICER – NeST System, India – December 1998 – December 2001
The PC manufacturing and trading division of the MNC, NeST group.
Highlights:
? The entire gamut of accounting operations, filing the statutory sales tax and central excise returns, Finalization of accounts and MIS reporting.
PREVIOUS PROFESSIONAL EXPERIENCE
? Jul’ 95 – Nov ‘98: Management Accountant, Travancore Cochin Chemicals Ltd., India, a large state owned Chemical Industry
EDUCATION
CMA- US Certified Management Accountant
Institute of Management Accountants, NJ, USA
ICWA- India
Institute of Cost and Works Accountants of India
MBA in Finance
Halifax University, WY, USA
TRAINING COURSES ATTENDED
VAT Training by Deloitte
VAT & IFRS Training by KPMG
Financial Report Writing and Budgeting, SOS, Dubai.
Letter of Credit – Import and Export, Incoterms, UCP 600, Career Institute, Dubai.
ISO 9001:2008, Certified Internal Auditor, Vincotte International, Dubai.
PERSONAL INFORMATION
Date of Birth: 5th May 1969
Marital Status: Married
Driving License: Holder of valid UAE Driving License
Language Fluency: English, Hindi and Malayalam