Chetan Bhatt, Financial Controller

Chetan Bhatt

Financial Controller

Kalium Holding

Location
United Arab Emirates - Dubai
Education
Master's degree, Accounting and Taxation
Experience
18 years, 5 months

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Work Experience

Total years of experience :18 years, 5 months

Financial Controller at Kalium Holding
  • United Arab Emirates - Dubai
  • My current job since April 2019

• Monthly / quarterly and annual closing of books of accounts
• Supervising, monitoring customer overdue, collection follow ups, and monitoring credit terms
• Ensuring GL is closed and MIS are produced as per corporate calendars
• Filing of VAT returns
• Payroll processing
• Supervising Accounts receivable, payroll and Accounts Payable functions


Achievements
• Accelerated collection process with regular meetings with sales team and reduced DSO
• Streamlined HR-payroll processing
• Appreciated for effective cash monitoring and working capital management
• Arranged funded facility with banks for trade working capital requirements (Supplier finance, PDC discounting)
• Improved monthly closing and performance reporting structure for better and value added decision making

Chief Accountant at Al Tayer Group
  • United Arab Emirates - Dubai
  • August 2009 to March 2019

Financial closing & reporting.

Controlling Cash flow and working capital management.

Formulating annual budgets, forecast, business plans and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions.

Performing financial modelling, Sensitivity analysis, compliance, risk assessment & management and providing advisory services pertaining to varied investment opportunities.

Generating reports for CFO, directors and other senior management.

Risk assessment, costing and evaluation for tenders.

Control Cost & Vendor Management to Optimize cost vs revenue.

Complying with local and International regulatory requirement such as IFRS and GCC taxation.

Managing ageing of the dues.

Maintaining the Assets and Liabilities of the company. Adhering the loan terms and other financial conditions.

Continuous monitoring the business risk and performance, informing relevant person to avoid financial and corporate liabilities.

Senior Executive (MIS reporting) at LG ELECTRONICS
  • India
  • March 2008 to August 2009

MIS
Monthly closing and reporting.
Maintaining MIS & reports, evaluating them for facilitating decision making
process.
Debtors ageing analysis, and taking necessary actions.
Product wise P&L analysis and Cost of goods sold analysis.
Taking care of financial systems & management procedures by means of
proper budgeting & ensuring that controls are adequate.

Assistant Manager (Factoy Accounting) at Good Year India Limited
  • India - Faridabad
  • June 2007 to March 2008

 Finalization of factory accounts.
 Computation of Labour, material and overhead variances.
 Monthly and daily reporting to senior management about cost incurred to date and variances.
 Handling reporting requirements to head quarter (Akron, US).

Assistant Manager (Finance) at Reliance Energy
  • India
  • January 2006 to June 2007

· Debtors & Creditors Ageing Analysis.
· Reconciliation of Customer’s accounts with ledgers.
· Authorizing Payments to Vendors
· Verifying legal Compliances.
· Compliance with Income Tax and Service Tax related issues

Education

Master's degree, Accounting and Taxation
  • at American CPA
  • August 2015

Certified Public Accountant

Master's degree, Accountancy & Finance
  • at Institute Of Chartered Accountants Of India
  • November 2005

Specialties & Skills

MIS Reporting
Working Capital Management
Consolidation
Budgeting
ORACLE 12b

Social Profiles

Personal Website
Personal Website

URL removed due to policy violation. Please contact support for further information.

Languages

Hindi
Expert
English
Expert

Memberships

ICAI
  • Chartered Accountant
  • January 2006
ICWAI
  • Management Accountant
  • June 2005
AICPA
  • CPA
  • June 2015

Training and Certifications

GDP (Certificate)
Date Attended:
April 2011
Valid Until:
September 2011