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Venkat Patnaik

Candidate ID: 430951

Career Summary

A versatile, accomplished & goal-oriented professional with over 23 years of experience in Finance & Accounts, Financial Reporting & Analysis, P&L Management, Treasury Operations, Vendor Management, Business Controlling, Business Analytics, & Finalization of Accounts.

Skill Set

Finance, accounts, treasury, budgeting,payroll,cash flow management,Long term Business plans

Professional Information

Total Experience : 23

Nationality : India

Qualification Level : MBA / Management Post Graduates

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

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

Detailed Profile

Profile Summary
• Leading a team of over 20 members & driving them towards process efficiency; previously managed the complete business portfolio worth $200 Million annually
• Provided insight on financial decision-making process through analysis, financial projections (planning, budgeting, and forecasting) and reporting; brought in scalable financial control in operations; developed unique and flexible pricing models
• Functioning as in In-charge of Finance Department of the Private University as well as parent company (Major Shareholder Almulla Group, Kuwait) which owns the university
• Worked closely with the Board & top management in devising a financial strategy that supported the company’s business strategy
• Formulated business plans, translated strategies into executable plans in the region with a large team
• Implemented MS Dynamics & Campus Management System
• Excellence in spearheading finance and corporate planning, directing & controlling cross-functional teams, corporate governance and acquisitions
• Devised accounting strategies, implemented adequate internal controls, arranged cash flow & funding and managed all aspects of working capital and acquisition & so on
• Successfully implemented in-house ERP programme and shifted company’s accounts successfully in ERP; capable of setting up accounting & leading computerization of accounts, MIS and other functions
• Provided strategic insights & advisory to CEO on matters relating to budget formulation & execution, and other departments on budgetary implications of policy and legislative proposals
• Directed teams for managing financial accounting, receivables & payables, preparing ledger books, reconciliation statements & finalization of accounts
• Capable of monitoring & reviewing expenditures vs. budget, cost & benefit analysis of each project, controlling accounts and supporting strategic decision-making process
• Effective in steering overall accounting operations, taxation and audit, implementing complex business processes & operational improvements, thereby enhancing productivity and efficiency
• An effective communicator with strong relationship management skills with the capability to relate to people at any level of business and management; possess excellent analytical and negotiation skills