Suresh Madhavan R, Management Accountant

Suresh Madhavan R

Management Accountant

Ingie Etoile Readymade Garments LLC

Location
United Arab Emirates - Dubai
Education
Higher diploma, Certified Management Accountant (CMA)
Experience
22 years, 11 months

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Work Experience

Total years of experience :22 years, 11 months

Management Accountant at Ingie Etoile Readymade Garments LLC
  • United Arab Emirates - Dubai
  • My current job since March 2017

Very challenging position, reporting to General Manager, analyses key financial information and provide feedback that will support managerial planning and commercial decision making which will ensure future growth and profitability of the company. Take measures to reduce the operational and production costs of a company by identifying and implementing more efficient strategies.

Finance Manager at Financial Links Trading FZE
  • Iraq - Erbil
  • My current job since February 2011

 Directed finance team responsible for accounting function of over 50 points of sale; managing budgets, controlling cash flow, approving outgoing payments and bank reconciliations, monitoring A/R and A/P, auditing fixed assets, reviewing financial statements and operating reports, ensuring legal and regulatory compliance, negotiating with vendors
 Reviewed merchandise planning and inventory control practices, identifying areas of improvement and controlling inventory turnover ratio, improving inventory turnover by 11% and increasing net profit by 7%.
 Developed progressive policies to ensure sufficient cash flow by reducing operations cost by 4% and increasing revenues.
 Designed and implemented SAP Business One ERP, Accounting and Internal Control Systems.

Chief Accountant at Leadstay Trading FZE
  • Iraq - Baghdad
  • August 2008 to January 2011

 Developed financial policies and accounting systems for heavy equipment contracting company in Iraq; developing accounting and internal control systems, preparing financial statements and predictive trends analysis, creating budget forecasts with variance analysis, supervising and forecasting cash flow, overseeing payroll functions, monitoring A/R and A/P, creating profitability standards for potential investments.
 Spearheaded capital management initiatives and evaluated capital budget projects, ensuring maximum efficacy.
 Managed development of all finance staff members; recruiting new employees, implementing progressive training strategies, conducting regular performance reviews and making recommendations on areas of improvement.

Education

Higher diploma, Certified Management Accountant (CMA)
  • at Institute of Management Accountants, Inc.
  • April 2015

Part 1 of the CMA exam covers external financial reporting, planning, budgeting, and forecasting, performance management, cost management and internal controls. Part 2 of the exam covers financial decision making including financial statement analysis, corporate finance, risk management, investment decision and professional ethics.

Master's degree, Master of Commerce
  • at University of Kerala
  • April 2001
Bachelor's degree, Bachelor of Commerce
  • at University of Kerala
  • April 1999

Specialties & Skills

Accounting
Financial Analysis
Financial Reporting
SAP Business One
Financial Management
Operational Effectiveness
Cost Accounting
Vendor Contracts/Negotiations
Financial Analysis
Financial Reporting
Budgeting & Forecastng
Strategic Planning
Cash Management
Finance Management

Languages

English
Expert

Memberships

Institute of Management Accountants
  • 45818
  • October 2012
Institute of Cost Accountants of India
  • 40058
  • February 2016

Training and Certifications

Certificate of Memebership ICAI (Certificate)
Date Attended:
February 2016

Hobbies

  • Acquire Advanced Knowlegde in Financial and Accounting field