JAVED PARVEZ
B.Com, CIMA (Adv Dip MA), ACA
E-mail: parvez999@gmail.com
Mobile: +971 50 286 4995
INTRODUCTION
Chartered Accountant with more than 11 years rich experience with reputed multinational companies, successfully handling functions like Business Control, Financial Consolidation, MIS Reporting, Budgeting, Working Capital Management, Banking, Capex Accounting, Auditing, Insurance, VAT, Payroll.
Significant hands-on experience in SAP-R3 ERP, MS Office, SAP BPC & Hyperion Oracle.
CAREER SUMMARY
? Currently working as Head Finance with Wockhardt Bio AG, Dubai (since April 2013), a group company of Wockhardt, a global pharmaceutical and biotechnology organization.
? Worked as Head Finance with Fujairah Gold FZE, U.A.E (May’09 to April’13), a group company of Vedanta Resources Plc, London based metals & mining group with market cap of USD 11 Billion.
? Worked as Associate Manager-Finance with Sterlite Industries, India, a group company of Vedanta Resources Plc (April’07 to May’09). Handled the profiles of Business Controller – Precious Metal Business, Copper Refinery, Rod Plant & Captive Power Plant.
? Served as Audit Trainee (from 2003 to 2006) in M/s U.Parasurama Iyer & Co., Chartered Accountants, India. Handled statutory/non-statutory audits for broad spectrum of industries & banks.
PROFESSIONAL EXPERIENCE – WOCKHARDT
? Finalisation of accounts & MIS reporting on monthly basis for Dubai branch.
? Capex Accounting and controlling for new manufacturing facility in Dubai.
? Responsible for accounts payables supporting R&D projects in India.
? Supporting the commercial team for project related procurement & contracting.
? In charge of UAE VAT compliance, accounting & return filing
? Annual budgeting for operation & marketing teams, tracking of expenditure & variance analysis.
? Accounting for inter-company trading and reconciliations across group companies.
? Responsible for import and export documentation including LC and bank guarantees.
? Fund flow forecasting and working capital management.
? Liaising with Freezone authorities for statutory compliances, lease and visa matters.
? In charge of project for automation of financial reporting with SAP BPC software.
? Coordination with corporate team for Transfer Pricing & Out-licensing matters.
? Accounting & MIS reporting of Investment Portfolio in Switzerland.
? Supporting the business development team for negotiation & contract finalisations.
? Handling the statutory audit of Dubai branch by group auditors at India & Switzerland.
? Responsible for framing and/or reviewing the standard policies & procedures for Finance department (Dubai & Swiss offices) and for Admin & HR matters at Dubai office.
? Liaising with banks for account opening and availing credit lines.
? In charge of payroll and supporting corporate team for HR activities in Dubai.
? Assisting Head Office for requirements related to listing and filing with Swiss Stock Exchange.
PROFESSIONAL EXPERIENCE – VEDANTA GROUP
? Financial Reporting & MIS:
? Finalisation of accounts including consolidation of unit accounts as per IFRS & IGAAP.
? Preparation and review of monthly MIS report & summary for executive committee.
? Representing unit in the quarterly meeting of Board of Directors.
? MIS Consolidation of metal business across Sterlite India and Fujairah Gold, UAE.
? Preparation of flash reports and profit projections for senior management.
? Compilation of Cost of Production with variance analysis.
? Financial & Business Control:
? Negotiating with banks for trade and cash facilities. Expert in LC negotiation.
? Budgeting – Involved in preparation of budgets, business plans and rolling plans.
? Sales Analysis – Feasibility study enabling marketing decisions for Precious Metals.
? Debtors Management – Review of debtor balances and monitoring of receivables.
? Evaluation and approval of Sales Contracts & commercial purchase orders.
? Hedging- Commodity and forex pricing. MTM accounting of hedge positions.
? Treasury Management – Monitoring of fund position & working capital facilities.
? Procurement Planning – Just-in-time (JIT) procurement for optimum stock holding.
? Monitoring of expenditure to ensure cost effectiveness and adherence to the budget.
? Capex review and monitoring for payback and timely capitalisation.
? Participation in Commercial and Marketing negotiations to ensure economy.
? Insurance – Finalisation and monitoring of policies, dealing of insurance claims.
? HR & payroll – Overseeing the HR recruitment activities & payroll processing.
? Liaising with government (freezone) for negotiation of lease contracts.
? Auditing:
? Handled various audits such as Statutory, Internal, Treasury, MIS & Bal.Sheet audits.
? Prepared Cost records for Cost Audit of Copper and Acid manufacturing Units.
? Handled SOX Compliance and audit procedures.
? Part of project team for listing in NYSE and 20F Filing in US SEC.
ACADEMIC REVIEW
? PROFESSIONAL QUALIFICATION:
o ACA (Institute of Chartered Accountants of India) - November 2006
o CIMA Advanced Diploma in Management Accounting – January 2018
(‘All India Topper’ for paper ‘Advanced Auditing’ in CA Final. All exams cleared in first attempt)
? EDUCATIONAL QUALIFICATION:
o Bachelor of Commerce (Calicut University,India - Year 2004) -75% marks
o Class XII (CBSE, India - Year 2001) – 77% marks
? COMPUTER SKILLS:
o SAP R/3 – ERP (FICO-MM-SD Modules)
o Hyperion (Oracle)–Financial Reporting software
o MS Office (Expert in MS Excel)
PERSONAL INFORMATION
Age/Date of Birth : 34 years, (11 July 1983)
Marital Status : Married
Nationality : Indian (Passport No: P6263182)
Languages Known : English, Hindi, Malayalam, Arabic (Read/Write), Tamil (Speak)
Hobbies And Interests : Driving, Reading, Electronic gadgets.
? REFERENCES - Will be furnished on request