Ajay Solanki

Key Highlights:
• Meticulously re- designed the finance / Accounting / purchase and human resource Department for maximizing profitability & revenue generation.
• Successfully managed the Segregation of individual companies under one umbrella, having all individual reporting and profit center which was reported to the stakeholder.
• Successfully reorganized the maintenance division, with cost reduction & increased profits.
• Effectively maintained the healthy cosh flow, with no debt on company.
• Overall management of the company operation in terms of negotiation / liaising with internal & external authorities.
• Overseeing & involved with the sight management team of the project which includes meetings with consultant, Dewa, and other local authorities.
Key Deliverables:
 Financial Strategic Support: Managing overall financial functions to evaluate financial objectives of the organization, designing & implementing systems, policies & procedures to facilitate financial controls. Presenting a Monthly MIS reporting to the Chairman and the Director’s.
 Finance Functions: Administering finance management, supervising treasury and investment of entire group, streamlining FP&A, financial reporting, auditing, and accounting standards compliance including timely reporting. Developing business risk assessment for long term contracts and business impact initiating key financial procedures and policies.
 Financial and Operational Leadership Management: Responsible for formulating business plans/strategies for maximizing profitability & revenue generation & realizing organizational goals. Advising on operations and corporate functions to Top Management regarding the adequacy of policy, procedures, and appropriate controls.
 Statutory Compliance: Designing & implementing systems & procedures; supervising and preparing statutory books of accounts financial statements; checking & maintaining data in compliance with statutory requirements, time & accuracy norms.
 Process Improvements: Constantly conceptualizing and enforcing systems for contract management and insurance coverage, reviewing critical issues, P&L / Balance Sheet analysis, and identifying improvement areas.
 Liaising and Coordination: Handling and liaising with Group Bankers, Auditors, Customers, Government Authorities, Financial Consultants/ Advisor’s, and other entities; maintaining good professional relationship with them. Providing direction and assist leadership management regarding the compliance activities, legal cases, laws and regulations in coordination with Legal Counsel.

Advisor's, and other entities; maintaining good professional relationship with them. Providing direction and assist leadership management regarding the compliance activities, legal cases, laws and regulations in coordination with Legal Counsel. Key Highlights:
•Eficiently re- organized Finance & Accounting Department.
•Negotiated with major banks for project facilities i.e., Dubai RTA Metro Project, QAIA Airport in Jordan, Sky News Arabia and other Government Projects and working capital requirements i.e., Dubai Islamic Bank, Abu Dhabi Commercial Bank, First Abu Dhabi Bank, Emirates NBD Bank, Arab Bank and Sharjah Islamic Bank
•Instrumental in restructuring all term loans according to the cash flow of the company.
•Awarded with Best Employee Award in the year 2016 from the shareholder of the company. Key Deliverables across the Tenure:
•Provide financial reports and interpret financial information to managerial staf while recommending further courses of action.
•Advise on investment activities and provide strategies that the company should take; maintain the financial health of the organization.
•Analyze costs, pricing, variable contributions, sales results, and the company's actual performance compared to the business plans.
•Develop trends and projections for the firm's finances; conduct reviews and evaluations for cost-reduction opportunities.
•Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met.
•Manage the preparation of the company's budget; liaise with auditors to ensure appropriate monitoring of company finances is maintained.
•Correspond with various other departments, discussing company plans and agreeing on future paths to be taken.
•Implement Great Plains System with HR software (MENA Pay)
•Deal with major Banks in UAE; handle activities related to Treasury Management of entire group.
•Organize audits with Dubai RTA Metro Project and monthly reporting to RTA Management.
•Responsible for over-all Insurance for the all the companies; conducted Statutory and Revenue Audits.

Key Highlights:
•Implemented Premier System Software especially suited for Construction Company. The system was integrated with purchase & payroll department.
•Negotiated & obtained banking facilities from Abu Dhabi Commercial Bank, UNB and Abu Dhabi Islamic Bank in coordination & support from the Chairman.
•Pivotal in organizing Accounts & Payroll Department.
•Successfully implemented WPS (Wage Protection System) and completed audit from E&Y in 2009. Key Highlights:

Key Highlights:
• Implemented Great Plains System in the organization
• Played a major role in implementing department wise Costing System as part of MS reporting
• Organized Oversea Client GE Healthcare Reconciliation Statement country wise.