CA Rizwan Sange

 Preparation of monthly financial reports (MIS) for all the units under the group on a monthly basis, and discussing the same with the higher management on any variances or major concerns. Reports generated Xpedeon.
 Review of receivables & payables position on daily and monthly basis with the action points for overdue receivables.
 Verification and review of monthly payroll of the units.
 Review, verification and filing of VAT returns on quarterly basis with compliance of local governing laws.
 Responsible for ensuring Internal and Statutory Audit conclusion with proper compliance and reporting.
 Working capital and treasury management - Preparation of weekly and monthly cashflow plan with action points. Dealing with local (Islamic) banks for proper finance arrangements for long term and short term requirement’s for an annual volume of USD 26 Million.
 Preparation of monthly and daily cash flow positions, related borrowing needs, and available funds for investment. Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
 Verification of payment documents & credit utilisation documents viz. Letter of Credit, Performance Guarantee, Bank guarantees, Tender Bonds, etc. with compliance of corporate policy and simultaneously controlling the document flow.
 Verification of monthly payroll of all the units, Full and final settlement of employees, Leave encashments & Gratuity workings.
 Preparation and review of annual business or budget plan of all units.
 Analyze cost, pricing, variable contribution, sales achievement and the company’s actual performance compared to the business plans and suggest strategies to achieve the financial performance targeted.
Generating reports to the senior management viz. Presentations of financials, Charts and any adhoc requirement.

 Preparation of financial reports for the company on a monthly basis, and discussing the same with the management and suggesting methods of improving the financial status of the company.
 Responsible for review of MIS on monthly basis and update the management i.e. V.P Finance & CEO on any variances or major concerns.
 Review of receivables & payables position on monthly basis with the action points for overdue receivables through legal action plan or otherwise.
 Maintaining fixed assets register. Working of inventory management & value of the same on monthly basis. Supervision w.r.t. obsolete assets and verification of the same at regular intervals.
 Responsible for compliance of corporate policy and reporting of any noncompliance to the management on timely basis.
 Verification of payment documents & credit utilisation documents viz. Letter of Credit, Performance Guarantee, Bank guarantees, Tender Bonds, etc. with compliance of corporate policy and simultaneously controlling the document flow.
 Verification of petty cash expenses and replenishment of the petty cash float on regular basis.
 Preparation of monthly and daily cash flow positions, related borrowing needs, and available funds for investment. Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
 Preparation & Verification of monthly Payroll, Overtime, Leave Encashment, Air Passage, Gratuity and Benefits.
 Preparation of tender costing for tenders opened by Ministry of commerce & Industry (MOCI) and presentation to the ZAD costing committee for submission and approval.
 Working in an environment of RAMCO (Cloud Based) ERP.
 Responsible for ‘Corporate Insurance’ for all the units at group level for around QAR 2B worth of assets - such as Property All Risk, Motor vehicle insurance, workman compensation, Marine Cover, Medical Insurance for Management and Executives, Cash & Fidelity etc. i.e. Renewal process & Issue of endorsements for the said policies.
 Responsible for Claims management - Initiation of claims, reporting, arranging of surveys and claim settlement.
 Review on cost investment analysis and provide strategies that the company should take.
 Preparation and review of annual business plan.
 Analyze cost, pricing, variable contribution, sales achievement and the company’s actual performance compared to the business plans and suggest strategies to achieve the financial performance targeted.
 Develop trends and projections for the firm’s finances, conduct reviews and evaluation for cost-reduction opportunities.
 Generating reports to the senior management viz. Presentations of financials, Charts and any adhoc requirement

CAREER ABSTRACT
 A competent professional with over 9 years of experience with exclusively in Finance & Accounts, Internal Audit and Risk Management.
 Monthly MIS generation, Budget analysis & Statistical analysis, etc. at regular intervals. Developing & implementing financial strategy for the company. Sound knowledge of IFRS in completing the same.
 Responsible for ‘Corporate Insurance’ - such as Property, Assets, vehicle insurance, workman compensation, Executives, staff insurance, etc. Handling of renewals of policies, raising and settling of claims directly with insurers.
 Preparation of financial reports for the company on a monthly basis, and discussing the same with the management and suggesting methods of improving the financial status of the company.
 Formulating budget and conducting variance analysis on the same. Further monitoring the adherence of the same and making comparison statements on the monthly basis and giving advice to the concerned departments for any corrective steps, if deemed necessary.
 Preparation of monthly cash flow positions, related borrowing needs, and available funds for investment. Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
 Maintaining healthy relationships with bankers & financial institutions while managing strong negotiation skills while dealing with them.
 Using hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions
 Day-to-day monitoring and recording of payments in system. Simultaneously controlling the document flow as well.
 Overseeing vouching, reconciliation of accounts, scrutiny and analysis of accounts, internal control procedures and matters relating to statutory, internal audits, etc.
 Working in an environment of BAAN ERP.
 Advising management on the liquidity aspects of its short- and long-range planning & Overseeing the extension of credit to customers.
 Preparation of export letter of credit and drafting of documentation according to the requirements of letter of credits, Bank guarantees, Bonds, etc.
 Regular management of contractual terms & conditions with bankers & financial by raising applications the necessary documents.
 Planning & organizing with external auditors for the company accounts to be audited, and preparing necessary schedules of confirmation etc., required by them.
 As a key member to the senior management directly responsible to contribute to revenue & profit growth of the business.
 Evaluating the Financial Information System Risks posing threats to the company, placing Internal Controls System to avoid these risks.
 Generating reports to the senior management viz. Presentations of financials, Charts and any adhoc requirement.

1. As an Auditor for 'Internal' as well as 'Statutory Audits'.
2. Compliance of earlier work.
3. Review of work done by assistants.
4. Report to partner about current affairs of the firm.

 Other Areas covered :-
1. Taxation Work
2. Investments Guide to clients in mutual funds
3. Stock audits.
4. Preparation of Audit reports.

Special Audits - RFT (Right At First Time), Review of All Internal Audits, Peer Review Audit.

Worked in Environment of systems Viz. SAP(Basic level), Mapics, Orien, Fact & Manual.

 Internal Audits
Areas covered :-
 Procurement & Finance Area
 Human Resourse Area
 Stores & WIP(Work-in-progress) & Logistics Area
 Purchase Return & Scrap analysis
 Bills passing Procedure & Vendor Reconciliation & Scrutiny
 Compliances of previous Audits, Stock Audits & Preparation of Audit Reports, also worked closely with some personnel to check whether the new implemented system is proper in working.

 Statutory Audits
1. United India Insurance
2. Oriental Insurance