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Felix Babu V P

Candidate ID: 1691024

Career Summary

Chartered Accountant -Dynamic professional finance Executive with nearly 14 years of experience in Accounting, corporate finance, Taxation, Budgeting & Variance, MIS, SAP implementation, Capex, project financing

Skill Set

Finance, Accounts, Taxation, GST,Vat, Statuary Refunds and Costing & Audit, MIS,Budgeting & Variance , SAP,

Professional Information

Total Experience : 13

Nationality : India

Qualification Level : CA / CS / CFA / Other Professional Degrees

Job Function : Accounts / Tax / CS / Audit / Finance

Work Location Preference : Kuwait, Bahrain, Oman, Saudi Arabia, Qatar, UAE

Detailed Profile

FELIX BABU VP Highly knowledgeable professional with a proven track record of developing comprehensive strategies focused on achieving breakthrough objectives; targeting assignments in Finance & Accounts in Manufacturing Industry

NOTABLE ACHIEVEMENTS ACROSS THE CAREER ? Managed sourcing of funds, JV arrangements ,M&A and New Projects ? Successfully implemented ERP within the organization, ? Administered forex transactions and hedging ? Introduced Internal financial Controls ? Obtained, and enhanced Working Capital Management ? Worked on Price Increase settlement from OEMs, Cost reduction plans ? Developed Financial controls and SOP for Finance & Accounts

CORE COMPETENCIES
Budgeting and Variance Analysis
Financial Reporting
MIS Reporting
New Project Management
Working Capital Management
Insurance & Contract Management
Treasury Management
Capex Management– Funding & Commercials
Team Management

ORGANIZATIONAL EXPERIENCE

May’18- Sep’19 with Capitol Group of Companies-Indonesia (Sinarmas Family) as Senior Manager – Finance & Accounts Entity: PT. Medcopapua Hijau Selaras, New Projects Size: 30,000 HA ( Existing 10,000 Ha, new 20,000Ha)


Key Result Areas:

? Establishing corporate goals, short term / long term budgets; designing business plans/strategies for maximizing profitability & revenue generation & realizing corporate goals ? Ensuring timely preparation of Accounts and monthly closing and providing monthly MIS ? Preparation of Annual Budgets and analyzing variance monthly with operation team and fixing the corrective action for Variance ? Spearheading finance functions including determining financial objectives, designing & implementing systems & policies, conducting cost analysis and reporting variances to facilitate internal financial control ? Monitoring the inflow & outflow of funds and ensure optimum utilization of available funds to accomplish organizational goals ? Performing financial reporting, analysis, capital budgeting decisions, monthly budgets & year plans and related activities for specific business units ? Designing & implementing systems, policies & procedures to facilitate internal financial and process controls & cost management; managing the liaison and effective completion of internal, statutory and external audits; setting of Finance Function including establishing financial controls, systems, policies, procedures & training as per new regulations ? Managing in internal/statutory/ government audit; evaluating the internal control systems with a view to highlighting shortcomings & implementing recommendations made by Internal Auditors ? Managing entire gamut of Direct Taxation functions including the filing of returns, tax audit & certifications, transfer pricing assessments, IT assessment & appeals, tax provisions for Income Tax & Deferred Tax ? Developing and evaluating Indian/Indonesian Value-Added Tax (VAT), Service Tax and other indirect tax planning opportunities and strategies ? Planning and executing monthly/quarterly/ annual closure schedules; providing monthly financial statements; administering the monthly closing process ? Preparation of financial analysis for new company acquisition and ensure the legal compliance (M&A) ? Working with the Finance Director in the preparation of annual budgets, monthly forecasts, and strategic plans ? Reviewing financial results; undertaking a year-on-year and quarterly comparison of company performance both in terms of the top line and bottom line Highlights: ? Decreased the closure time of accounts from 15- 20 days to less than 10 days ? Obtained Term loan $ 85 Mn. For new and existing projects ? Prepared Monthly Cash Flows and Working Capital Management Reports about inventory replacement, debtor collection, negotiation with creditors ? Conducted Financial Analysis about break even, and Cost-benefit analysis highlight the investment and achieve break-even ? Successfully automated various reconciliations and MIS reports ? Ensured 100% compliance with company accounting policies & procedures and driving other departments to achieve the same, and supporting MIS
PREVIOUS EXPERIENCE Apr’15- Apr’18 with Good Hope Group of Companies-Indonesia, as Senior Manager – Finance & Accounts Entities: PT. Sumber Hasil Prima, and PT. Sinar Sawit Andalan Size: 20,000 HA ( Existing 10,000 Ha, new 10,000Ha) ? Responsible for Accounts and finance function ? Leading the MIS team for system up-gradation and design MIS reports ? Establishing corporate goals, short term / long term budgets; designing business plans/strategies for maximizing profitability & revenue generation & realizing corporate goals same as above functions

Aug’09- Mar’15 with TVS Group, Madurai Entities: TVS Srichakra Ltd., and TVS Novotema Elastomeric Engineered Products Pvt. Ltd. Size: $ 300Mn turnover ? Responsible for Accounts and finance function ? Key role in SAP implementation and Financial reporting Growth Path: Aug’09- Mar’14 as Deputy Manager Finance Apr’14- Mar’15 as Manager Finance

Highlight: ? Successfully brought $ 700K term loans, and was awarded for the same ? Claimed statuary refunds on long pending in Indirect Tax

Jan’07- Aug’09 with SURI & CO, Chartered Accountants, Coimbatore as Assistant Manager – Audit & Accounts ? Monitoring legal and other statuary compliance ? Scheduling Audits and ensure the team to complete with time lines and Statuary reporting



Mar’06- Jan’07 with Sabare International Limited, Karur as Executive ( Finance & Accounts) ? Key role in Textile accounting ,statuary reporting and compliance ? SAP Financial report designing, vetting and other MIS preparation

DOMAIN EXPERTISE ? Accounts, Finance, Treasury and Costing Functions in Manufacturing Sector ? Implementation of ERP in Manufacturing Sector (SAP, other ERP) ? Direct & indirect Taxation ? Business Plan, MIS and Variance Analysis ? Migration to ERP from Legacy systems ? SAP FICO (R3) Module in Cognizant Technology Solutions with 82%


EDUCATION ? C.A. from The Institute of Chartered Accountant of India, Coimbatore in 2005 ? B.Com. from St. Joseph’s College, Trichy in 1998
PERSONAL DETAILS
Date of Birth: 21st May 1977 Languages Known: Tamil, English, and Basic Indonesia Address: D-No 1 Ward12 Thiruvathirai Nagar phase-3 Chettipalayam Road, Vellalor, Coimbatore-641111 Tamil Nadu