Manager Finance Accounts
Crescent Petroleum Inc.
Total years of experience :13 years, 0 Months
Created periodic reports comparing budgeted costs to actual costs and prepared detailed variance analysis.
Analyzed monthly reporting to reconcile production operations and general ledger and presented MIS.
Managed the payroll processes while ensuring compliance with laws.
Released all approved salaries and allowances in coordination with concerned entities and the Human Resources department.
Reviewed and monitored the banking activities such as employee loans and performs required actions accordingly.
Contributed to developing and implementing generally accepted accounting policies and procedures specifically those related to the accounting function.
Devised monthly Balance sheet & P&L accounts in compliance with IFRS with strict deadlines along with making and presenting MIS with analysis.
Created annual budget closely working with cross functional heads and exhibited consolidated budget to the Management.
Acted as point of contact in support of end-to-end system audits.
Assured Strict adherence to taxation laws and regulations for tax returns and payments.
Monitored and reviewed financial controls, processes and procedures to enable best practice development.
Successfully achieved to avail fresh financing facilities from 3 leading local banks to the tune of AED 260mn (USD 70mn).
Handled of Letter of Credit (LCs) issuance to suppliers in accordance with delivery milestone.
Mitigated risk by placement of Marine Insurance and other general insurance to safeguard the company's asset and lodging of claim.
Managed a team of finance professionals supporting them with functional and cross functional financial processes and procedures.
Created monthly Plant Financial Statements plant in compliance with IFRS/US GAAP within deadline set by the Management.
Formulated strategic plan and initiatives to execute cost savings deliverables.
Prepared & demonstrated weekly and monthly insight reports to Indian Global Management on cost and benefit analysis, productivity analysis, inventory turnover and cost variance analysis.
Monthly budget controlling and analysis of deviation in close coordination with cross functional plant leaders and other team members.
Handled Internal and statutory audit and ensured smooth audit process.
Demonstrated Business proposals through project evaluation techniques like NPV, IRR & Payback
Successfully achieved savings to the tune of INR 3.5 Mn per month within 6 months of joining by implementing strategic cost reduction plan.
Prepared all standalone as well as consolidated financial statements in compliance with IFRS.
Successfully led and implemented SAP ERP project in the organization.
Managed payment of Taxes and Filing of GST/TDS/Income Tax returns.
Conducted analytical procedures to key areas and checked the costing of units to be generated with respect to the merit order as issued time to time by State Electricity Company.
Mediated closely with the internal auditor & statutory auditor including big 4 audit firms and positively responded to all audit queries and observations.
Handled entire Budget process.
Provided timely MIS reports along with key indicators to senior team member and stakeholders.
CPA Ireland
Chartered Accountant
Bachelor of Commerce
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