Kishore Srichand Hingwani, VICE PRESIDENT FINANCE

Kishore Srichand Hingwani

VICE PRESIDENT FINANCE

Oway Group

Location
India - Mumbai
Education
Bachelor's degree, Accounting and Finance
Experience
12 years, 4 Months

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Work Experience

Total years of experience :12 years, 4 Months

VICE PRESIDENT FINANCE at Oway Group
  • Myanmar
  • May 2016 to November 2018

Fastest growing conglomerate group in Myanmar having variety of business like Online Travel Business, Application
based Cab Services and Micro Finance Business with huge investments from Private Equity Players in Singapore and
US.

HEAD OF FINANCE
  • April 2014 to May 2016

Managed corporate finances of group as a whole as well as structuring bank facilities. Directed full spectrum of
financial and cost accounting, monitoring fixed assets system, ensuring integrity of all financial information.
Participated in in corporate policy development as a member of the senior management team. Analyzed
business operations and participated in supply chain process to optimize efficiency. Trained staff in
understanding IFRS and IAS in terms of applicability of the company. Key Achievements:
 Integrated three different accounting software systems into new ERP with system implementation.
 Coordinated consolidation of seven subsidiary companies including inter-company reconciliations.
 Reported compliance results, prepared materials for year-end audit by statutory auditors.
 Reviewed financial documents and reports, investigated errors, made appropriate adjustments.
 Generated information on payables/receivables to facilitate efficient budgeting and management.
 Established systems for cost-sensitivity analysis and early-warning of cost over runs.
 Handled the Big 4 Audit with the reduction of audit days with proper planning and execution.
Teejan Trading and Contracting Co., LLC, Muscat, Sultanate of Oman
An emerging conglomerate including engineering in fire and security, laboratory, environmental, electromechanical,
and information technology and Construction Business with group Turnover of RO 65 million.

MANAGER
  • September 2011 to March 2014

Supervised accounts and cash flow, assessed business valuations, financials, planning and formulating future
financial strategies. Conducted feasibility studies of new projects, reviewing agreements and contracts. Served
as liaison with insurance intermediaries to provide comprehensive coverage. Led team of 15 in finalizing and
consolidating accounts. Key Achievements:
 Reduced borrowing costs 1.25%, enhanced banking sanctioned limits from RO 17 to RO 80 million.
 Decreased statutory audit reporting from 120 to 50 days, and no days of receivable from 120 to 45
days.
 Implemented FOCUS ERP in Abu Dhabi branch, formulated strategy for XLPE JV with low volume high
margin Vs high volume low margin.
Ahli Bank S.A.O.G., Muscat, Sultanate of Oman
Formerly Alliance Housing Bank, partnered with Ahli United Bank, to form full-fledged commercial bank.

ASSISTANT RELATIONSHIP MANAGER
  • March 2010 to August 2011

Analysed cash flow, financial statements, and feasibility of proposed real estate projects. Reviewed designated
portfolio of accounts, managed flow of credit proposals, documented risk and compliance in coordination with
clients. Key Achievements:
 Introduced automated calculation worksheet for ROCE and Risk Rating for credit proposals.
 Reduced turnaround time of credit proposals from 40 to 25 days.
Price Waterhouse Coopers, LLC, Muscat, Sultanate of Oman
Ranked as the most prestigious accounting firm in the world for seven consecutive years.

SENIOR ASSOCIATE at Uttam Food Infrastsructure Park Private Ltd
  • India
  • February 2008 to February 2010

Spearheaded fieldwork documentation, prepared financials in compliance with IFRS for major financing and
leasing companies. Trained and mentored junior accountants, conducting onboarding activities and providing
formative and constructive feedback to support improvement. Prepared budgets for audits and deliverables.
Key Achievement:
 Processed and completed clients’ audits independently, ensuring regulatory compliance.

ACCOUNTS MANAGER
  • February 2006 to July 2007

Spearheaded implementation of all processes and internal control systems to launch company, obtained
licensing and filed statutory returns. Finalized accounts, liaised with statutory auditors. Key Achievement:
 Promoted to Accounts Manager reporting to Directors in recognition of quality contributions.

Education

Bachelor's degree, Accounting and Finance
  • at ICAI
  • January 2019

Specialties & Skills

Auditing
FINANCE
PROCESS ENGINEERING
REPORTS
ACCOUNTANCY
BUDGETING
CASH FLOW
FINANCIAL
FINANCIAL STATEMENTS