JYOTHI NARASIMHAN

• Presenting the monthly P&L, Balance Sheet and Cash Flow through Hyperion along with commentary on performance, variance analysis against Budgets/Forecasts, and ensuring timely submission to the Board.
• Preparation of the annual Budgets and Forecasts of the division by ensuring completion of all system interfaces with Hyperion. Presentation of the Budget P&L, Balance Sheet, Cash Flow and all related workings and schedules to the management. Liaise with all central and company departments for timely completion and submission of the Budgets and Forecasts.
• Prepare the five-year business plan ( P&L, Balance Sheet and Cash Flow and all necessary supporting workings) for the division in co-ordination with and after obtaining relevant inputs from planning and commercial teams.
• Feasibility study of new and upcoming projects/ brand acquisitions, scenario analysis and final submission to stakeholders for review and approval.
• Consolidate annual accounts and ensure timely audit of the annual accounts.
• Exercise budgetary controls, accounting and physical control as per laid down procedures of asset
management.
• Monitor internal/ external payments on timely basis and exercise internal controls so that payments
are made as per the approved terms for goods and services supplied. Exercise controls on other
purchases and services.
• Ensure that all accounting entries are incorporated in the company accounts after they have been
approved as per the schedule of authority. Ensure that accounts are kept up to date to reflect all the
transaction of the business, including all reconciliation with the bankers, debtors, creditors and
group companies.
• Forecast foreign exchange requirements are communicated to HO Finance and advise any change as
and when necessary.
• Ensure tax compliance; return filing on timely basis wherever applicable.
• Ensure proper insurance cover on company‘s assets in coordination with corporate finance.
• Review monthly/Annual closing activities in accordance with corporate policies and IFRS and ensure
timely submission of monthly management reports.
• Provide support, service and advise on all financial matters to the company‘s management by providing all required financial reports and statements.

MANAGEMENT ACCOUNTANT with AL FUTTAIM-MARKS&SPENCER, Dubai (part of AL FUTTAIM GROUP)
- (From May 2013 to till date)
Key duties/ responsibilities:
• Prepare and provide detailed monthly financial reports - Profit and Loss account, Balance sheet, Cash Flow including analyzing & reporting of variances to local management
• Coordinate and prepare monthly, quarterly and annual budgets, long term financial forecasts
• Assist the Finance Manager in finalising the new country feasibility and new market study
• Provide key data on product costing including freight analysis, duty calculation and, analysis of margin. Application of standard costing.
• Work closely with the Finance Manager to ensure that expenses are on target with projections that the company operates within budget parameters.
• Prepare Monthly Management pack and complete Group Management reporting on time
• Assist the Finance Manager in the implementation of Group internal control procedures in order to verify the integrity of all financial information, ensure and maintain historical records.
• Constantly monitor and maintain books of accounts ( GL, AP, AR and other sub ledgers) accurately so as to reflect true and fair view of the brand performance reports
• Proactive and efficient commercial analysis focusing on the business development and prevention of revenue / Cost leakages.
• Ensure that all company assets are protected thru proper Insurance and other compliance are met
• Ensure that the Accounting Policies of the company are upheld, complete Audit and all reporting are in accordance with International Financial Reporting Standards

• Timely, complete and accurate closing of month end results by working day 3 across all lower gulf entities.
• Company quarterly group reporting - providing financial and other reports as required for quarterly consolidation group reporting.
• First point of contact for external audits and ensuring closing of half yearly and year-end audits in a timely and efficient manner, with full preparation of all requested schedules prior to commencement of field work.
• Ensuring the follow up of external audit outstanding items and their clearance in a timely fashion with the FM, with the aim to ensure all statutory standalone financials are prepared within time, including any additional external filings.
• Assisting with internal audit recommendations which involve finance during any of the end to end processes across all functions.
• Reviewing daily bank and cash reconciliations that are being carried and any variances are immediately investigated.
• Reviewing and approving of all payments - check, online and WPS salaries.
• Over viewing supplier payments and staff reimbursement in a timely manner, ensuring all approvals and payments are in accordance with the existing policies and procedures and service level agreements.
• Overall supervision of Property payments
• Ensuring monthly reconciliation of all b/s accounts & ensuring signed accountability, reconciliations are updated and reviewed with the CFO each month, providing clear visibility of any exposures ahead of time.
• Assisting the CFO with initiatives, system upgrades and improvement projects across the Finance function.
• With the CFO, developing and periodically reviewing new and existing policies and procedures in line with business needs.
• Creating development plans, training program and ensuring job rotation for each of the Accountants. Ensuring that direct staff feel empowered and motivated.
• Delivering increased effectiveness of the team which reports directly in conjunction with the CFO: providing tangible examples of efficiency improvements in finance work streams across: banking, daily reconciliations, month end close process, leveraging existing systems, automation of processes and interfaces, which demonstrate a move from data input and compilation to a more value added environment.
• Maintaining effective working relationships with Company’s internal and external customers.
• Assisting with the planning budgeting cycle - balance sheet cash flow preparation.
• Continuous review of all finance policies & internal control procedures.

MANAGER ACCOUNTS & FINANCE with TEN SPORTS channel (Taj Tv Ltd) DUBAI- (From March 2007 to May 2011)

Worked as Manager-accounts and finance with a media company/channel at Dubai Media City, Dubai

• Preparation of MIS reports, in particular - Flash reports within the month end and the actual Financial statements- monthly & annual, and other MIS reports as required by management on need-basis.

• Handling tax and transfer pricing audits conducted for the company.

• Budgets and projected Profit & Loss Statements.

• Cash Flow management - preparation & analysis of fund / cash flow Statements.

• Analysis of financial statements in terms of trend analysis, variances from budgets and the reporting thereof.

• Establishment and ensuring compliance with strong internal control measures.

• Supervision of day to day accounting and ensuring compliance with international accounting standards.

• Comparison of Actuals vis-à-vis the Budgets and the resultant analysis of variances for various expenses & costs on a time-to-time basis and revisions

• Supervision and control of invoicing for India, Pakistan and Middle East territories.

• Maintenance of inventory records for the Head office as well as control over inventory of all the global offices of the company, and calculation of Cost Of Sales of stocks on a periodic basis.

• Preparation of Schedules and particulars required for Income tax assessment proceedings pertaining to Indian territory.

• Maintaining the customs records of the company and ensuring compliance with customs requirements.

• Budgeting for the capex requirements of the company & revisions thereof.

• Fixed assets records maintenance & computation of depreciation.

• Active role in implementation of SAP systems during the financial year 2011


Recognition:
-In appreciation of my service, been awarded the Best Employee of the quarter honor.
- Within a short span of my tenure with this company, in appreciation of my potential, was handed over the responsibility for the entire MIS reporting, reporting to the Deputy VP - Finance.

Chief Accountant with Contech Engineering L.L.C, Dubai (March 2005 to Feb 2007):
Worked as the Chief Accountant with this concrete block manufacturing & Engineering company based at, Jebel Ali, Dubai reporting to the Finance Manager.

Valuable experiences gained in the areas of:
• Checking the entries posted in the accounting system and authorization of all vouchers on a daily basis.
• Making arrangements and active supervision for the annual stock of raw materials and finished products of the company, and reporting on the same.
• Preparation of outstanding statements and regular follow-up for inward remittances and the correspondence thereof
• Timely preparations for audit and interaction with the team of auditors
• Point of contact for answer and resolving of audit queries.
• Responsible for maintaining the Receivables and Payables.
• Supervision and scrutiny of the various ledgers, bank reconciliation statements etc.
• Active participation in implementation of ERP system.
• Dealing with freight forwarding and shipping companies.
• Opening of Letter of credit, import/ export documentation etc.
• In the absence of the IT co-ordinators, active co-ordination with the team of vendors for the implementation and running of the ERP system.
• Initiated effective cost control measures
• Leading a team of 4 people
• Part of a team within the organization that is responsible for procurements.

Finance Executive with Raptakos Brett & Co. Ltd., India (May 2003 to Jan 2005):
Worked as Finance executive in this German and Swiss collaboration Company involved in manufacturing of Pharmaceutical and Health Food products based at Worli, Mumbai, India.

RESPONSIBILITIES: • Asset Management involving maintenance of Fixed Asset Schedule to account for purchase and sale of Fixed Assets throughout the year and the proper application of Depreciation thereon.
• Worked as a Branch Accountant
• Worked from the head quarters with special emphasis on leading a team of Accountants for debtors/creditors ledger scrutiny.
• Control over the day-to-day Accounting and Financial functioning of Branches & co-ordination between Branches and Head Office.
• Work involved collecting data regarding the employees and preparation of Salary Pay-slips. It included calculations of Tax Deduction at source, PF, Profession taxes ESIC as per Indian Laws for salary disbursements.
• Problem solving for the newly set up Java based Accounting Software in the form of continuous monitoring of and suggesting improvements to the same from time-to-time.
• Participated in the preparation of weekly as well as monthly budgets, which were then forwarded, to the branches to be reviewed by the branch Finance Managers.
• TDS Scrutiny in terms of ensuring proper deduction of tax at source and payment of the same.

Senior Accountant with AlukBond India Pvt. Ltd. (Dec2001 to April 2003)

Worked as Senior Accountant in this company manufacturing aluminium composite panels (used in buildings) for domestic use and exports, based at Lower Parel, Mumbai, India.

RESPONSIBILITIES: • Setting up of an Accounts Department for the new division of the company which involved recruitment of staff for various positions in Accounts, Setting up of the procedures & policies to be adopted for various aspects of Financial Accounting.
• Preparation of Project Feasibility reports for this company at the time of inception of its new division as well for its existing projects including
• Liaising with Bankers for Working Capital facilities and Term Loans.
• Maintaining books of accounts.
• Preparation of Financial Statements and Finalization of the same.
• Debtors and Creditors ledger, Expenses Accounts Scrutiny.
• Export Documentation and ensuring Compliance with various Export procedures.
• Supervising and maintaining the Excise & Sales records of the company including preparation of Sales tax returns.
• Material costing in terms of Price determination and Price Fixation for various products.
• Preparation of Budgets and Budgetary Control including active participation in controlling expenditure.
• Drafting of reports under MAOCARO, and other regular internal control reports to the Finance of the company.
• Interpretation of Standard Auditing Practices and Indian Accounting standards and its compliance in the financial statements.

(July 2001 to Dec2001) Worked as Accounts executive for this company a Foreign Institutional Investor based at Mumbai, India.
• Regular accounting functions involving maintenance of books of accounts.
• Actively assisted in Portfolio Management for the Foreign Institutional Investor by continuous monitoring of the trends in the market.
• Making applications for IPO's, procedures for share transfers etc.

M/s Janardhan and Associates, Chartered Accountants, Bangalore, India from 1 November 1993 to 31 December 1996.

Additional personal information:

References can be produced on demand.