Jain C K

Strategic Planning and Finance Management of a major trading company in the Oil and Gas sector

Controlling a team of more than 120 accounting staff for the retail, fashion and FMCG stores across GCC and providing all financial advisory services

 Spearheading responsibility for managing gamut of operations pertaining to corporate finance functions for subsidiary companies and branch offices involving determination of financial objectives & implementation of systems to facilitate internal financial and process controls, overseeing activities for accounting and preparation of financials.
 Monitors and analyses operational results / KPI’s of the region; creating proposals for improvements / corrective actions, discussing with business heads and other operational managers & ensuring successful implementation.
 Formulating annual budgets and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions.
 Steering efforts towards establishment of strategic cost management systems/techniques for monitoring various overheads and achieving maximum cost control in high value financial projects, establishing debit & credit policies, monitoring cash flow positions and evolving proper mechanisms to keep deliquencies at the lowest levels.
 Monitoring of the investments (portfolio array as well as performance of individual investments) by benchmarking with industry/economy performance and macro parameters, coordinating with the company's solicitors and legal counsels and advising management on the various economic laws and enactments.
 Overseeing the preparation of MIS reports as well as undertaking the analysis of business performance/bottlenecks to make strategic decisions and formulate future objectives and operational policies/procedures for the organization.
 Developing and evaluating CAPEX and other investment proposals with operational management, in alignment with the business plan as well as budget projections.

 Implement Budgets for various profit centres, consolidates the same for the group, Monitors and analyses operational results / KPI’s compared to Budget and prior year performance. Develops proposals for improvements or corrective actions, discuss with profit centre heads and other operational management, and subsequently drives implementation
 Develops and evaluates CAPEX and other investment proposals together with operational management, in alignment with the Business Plan and Budget projections
 All round exposure, gained through diverse work culture with diversified & cross-functional handling, in understanding the cutting edge of critical business processes
 Implementation of Internal controls, establishing and implementing Financial & Administrative guidelines. Review policies and procedures and to restructure them if necessary and create new approaches in adverse situations
 Credit Control, Inventory Management

 Settlement of FX Deals/Whole Sale Currency Dealings
 Authorise payments by SWIFT
 Ensuring accuracy of the daily financial reports, monitoring bank accounts on a daily Basis.
 Finalisation of Daily Balance Sheet and its review.
 Implementation of Internal Control Systems

 Implement Budgets, monitor and analyse operational results / KPI’s compared to Budget and prior year performance. Develop proposals for improvements or corrective actions, discusses with functional heads and other operational management, and subsequently drives implementation
 Tax planning and Tax Matters, Finalisation of Accounts, Branch co-ordination, Credit Control, Inventory Management, Statutory matters
 Implementation of Internal controls, establishing and implementing Financial & Administrative guidelines. Review policies and procedures and to restructure them if necessary and create new approaches in adverse situations
 Building and maintaining a high performance culture through effective performance management, communication and coaching of staff

 Tax planning and Tax Matters, Finalisation of Accounts, Branch co-ordination, Credit Control, Inventory Management, Statutory matters
 Implementation of Internal controls, establishing and implementing Financial & Administrative guidelines. Review policies and procedures and to restructure them if necessary and create new approaches in adverse situations

 Supervision and finalisation of audit work carried out by assistants
 Tax planning and Tax Matters for Individuals, firms, companies’ etc.
 Management Consultancy Services
 Internal, Inspection and Investigation audit of Banks and other companies