Finance manager
Finance House
Total years of experience :20 years, 5 Months
FH is a non-banking financial institution. It offers a complete & comprehensive range of products ranging from Personal Loan, Corporate Finance, Credit Card etc. FH is regulated by the Central Bank of the UAE & listed on the Abu Dhabi Exchange
Lead the business finance function, which involves Management Reporting, Budgeting & Performance management.
Monthly closing for management books after performing all checks, reconciliations and in compliance with all policies.
Providing monthly pack to the management, business & cost centers on financial performance & health of business.
Conduct and lead the monthly business review meetings by presenting the meaningful information in clear, concise and summarized manner to narrate performance with leading & lagging indicators with areas to focus on to meet targets.
Enable waterfall analysis on Risks & opportunities to help business in visualizing the targets & gaps by providing clear visibility on the current run rates along with estimated future income flow to achieve a more realistic forecast.
Drive a disciplined cost culture with cost intelligence that allows the management team to tightly manage controllable costs
Budget preparation based on discussions with business head/ operational stakeholders aligned with business strategy.
Analyzing audit requirements & validating process, implementing recommendations for process improvement.
Group is involved in retailing of apparel, footwear, electronics, hotels, home improvement, baby products, restaurants, mall management etc. Its annual Turnover is more than $5 Bn. They have operation more than 1000 outlets in 20 countries
Responsible for consolidation of financial reports for MENA region with revenues in excess of AED 500 Million.
VAT implementation, assessment & compliance in UAE & KSA along with process changes, operating model and IT System
Developed Group Reporting Pack for all business segments which will provide all KPI at one place with Current, PY & budget comparison in numerical and graphical form with comparison between any number of units and regions with one click.
Provide strategic decision support to management through analyzing trend, risk, opportunities & key business drivers.
Innovative & bring out novel ideas to accelerate both top & bottom-line growth with capacity utilization, new line of revenue
Lead financial control processes to ensure all controls are effective & issues are highlighted & resolved in timely manner.
Partnering with Business heads to meet financial targets & flag risk/issues on a timely basis along with financial Impact.
Preparation of monthly Performance Packs for business heads covering trends, variance analysis, volumes/margin analysis
Monitor tracking mechanism of overheads' costs for influencing appropriate action & maximization of business objectives
Feasibility analysis of all new ventures, Club Opening and third party agreement
Involved in extensive business planning, five-year business projections, Cash flow planning, feasibility analysis
KGK Group is a Billion Dollar organization founded in 1905. It is a leading Global business house in the B2B Segment of Diamond, Jewelry, Gemstones, etc. Its Headquartered out of Hong Kong with a global presence across the globe.
Analyzed risks for business lines and formulated Risk & Control Matrix based on Risk Assessment to ensure whether key controls exist to mitigate the risks identified and the magnitude of risk tolerance for acceptance.
Participated in management meetings on a concurrent basis to discuss emerging issues impacting existing internal controls, regulatory framework, accounting / auditing standards and provided appropriate suggestions on areas of key concerns
Drafted & harmonized the Accounting Policy of over 110 companies as per IFRS (spread across 20 countries worldwide).
Consolidation of financial of Group as per IFRS along with eliminating & reconciliation of group Companies Transactions.
Reviewing financials for each company as per local accounting standards and amending it to as per IFRS.
Adhunik Group has a chain of value-added products including carbon and alloy steel billets, auto-grade steel rolled products, rounds and flats, TMT bars, wire rods, sponge iron, pig iron, Ferro manganese, Silico manganese products etc.
Experience in leading and managing end-to-end process development and transition with experience in initiation, planning, execution, monitoring & controlling processes for P2P, O2C & R2R.
Set-up Centralized Shared Service Centre at Adhunik for development of Daily dashboard, Monthly MIS, Budgetary Control, Cash Flow Planning, Central Sales Tax, Orders, Debtors and Branch related activities
Designed and Implemented Debtors tracking, Sales Tax Forms tracking & Logistic tracking system into SAP.
Closely interaction with Production, Logistic and Marketing for timely delivery of material to customers.
Sale order approval after reviewing Cost Benefit analysis, Payment history and overdue.
Designed and Implemented several Reports into SAP related to Debtors and Logistic for simplification of job.
Interacting with Legal team and take necessary legal action against disputed Customer and do settlement
Bharti Enterprises is one of India’s leading telecom group in the globe. Group has 14 companies under his umbrella including Telecom Giant Bharti Airtel. I was part of Comviva Technology Ltd. who is the global leader in providing mobile solutions.
Prepared Financial Statements and Consolidation of Group Companies as per schedule-VI of Company Law
Leading the Statuary Audit & Preparing the Audit Plan with auditors & ensuring the timely closure for the same
Preparation of variation report between standard and actual cost also between budget & actual
Within 3 Months I did 50 Projects approval from Reserve Bank of India & Authorized Dealer at Bharti.
Preparing all documents for foreign payment & foreign receipt like Letter for bank, Form 15CA etc.
Preparing documents for Project approval from Reserve Bank of India (RBI) & Authorized Dealer (AD)
ABB is a global leader in power & automation technologies with history of 120 yrs. Company employs more than 150, 000 people & operates in more than 100 countries. It helps his customer to use electrical power efficiently to increase productivity
Supporting Division CEO & Division CFO of ABB in Business function
Generate detailed MIS for presentation to the company board and senior management of ABB
Consolidation of Monthly/Quarterly/ annual Financials of the division as per US-GAAP
Publishing, Analyzing and Monitoring KPIs and productivity at a Business Unit level in different parameters
Controlling the Projects & Responsible for Project cost control, profitability check & financial review activities
B. Narayan & Associates. Kolkata CA - Articleship/ Training Dec 03 - Jan 07 B. Narayan & Associate’s is one of the leading CA Firm at Kolkata. My exp. in firm includes 3 Yrs. Articleship
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