Senior Finance Manager
Sobha Interiors
Total years of experience :17 years, 8 Months
* Arrangement of Advance Payment guarantee, Performance bond and tender bonds.
* Negotiating with banks for letter of credit and vehicle loans.
* Cash status review and budgeting the cash flow for the quarter.
* Implementing costing and pricing model for the joinery factory.
* Review and follow of payments and receivable.
* Review and follow of project status and stages of completion.
* Review of accounts to comply with the accounting and company policies and procedures.
* Monthly Payroll review and approval
* Budgeting the financial accounts for the year and ensuring the expenses stays with the acceptable range
Fortune Promoseven LLC, Dubai, UAE Nov '09 to Feb 17
As Finance Manager - Reporting to Regional Finance Director/CFO
Role: * Liaising with the operations department to ensure the smooth flow of the business activities and produce optimum result.
* Cash Flow Management; budgeting and estimating cash requirement.
* Communicating and interacting with bankers/treasury for cash management, overdraft and factoring facility. Ensuring these are repaid on a timely manner.
* Management of in-house treasury system to accommodate interest rate hedging, negotiating with bank on various fees & charges.
* Getting deals from bank on fund transfers on different currencies.
* Facilitate funding for Intercompany and to ensure overall group maintain a healthy cash flow.
* Administrating bank pooling accounts and opening new accounts. Keeping track of appropriate back accounts and balances according to business requirement and thereby having maintaining credit rating.
* Getting bank guarantees for tender submission.
* Gathering information from budget holders and preparing overall financial budget and revision based on latest available information.
* Preparation, review, and analysis of the consolidated financial statements, including preparation and review of all consolidation adjustments/journal entries.
* Reporting to the business leaders and analysing the results with them on a periodic basis
* Reviewing transactions to ensure proper accounting with established standards.
* P&L and Balance Sheet Analysis and Trend analysis.
* Accounts Payable/Receivables supervision.
* Management Reporting, prepare financial reports on an ad hoc basis as requested by management
* Prepare and review monthly analytical schedules, account roll forwards, lead schedules, account reconciliations and variance analysis.
* Supervision of payroll inputs and disbursement. Handling any payroll issues and implementing quality assurance procedures to ensure timely disbursements
Elite Group of Companies, Thrissur, Kerala, India Feb '07 - Sep '09
As Finance and Costing Executive - Reporting to General Manager (Finance)
Role: • Looked after Product Costing/Selling, strategic Price fixation.
• Development of process flow, as a basis for costing, on manufacturing operation.
• Assisting in Working Capital Management and Cash Flow and ensuring that funds are available for the daily operations.
• Profitability and sales report on product and region wise performance of the company on a monthly basis.
• Preparing report that help business decision in selection of supplier, fixing price, selecting market, investment appraisal, break even analysis.
• Variance and trend analysis based on budgets and previous performances.
• Ensuring that the statutory books of accounts viz., journal, ledger, cashbook and subsidiaries in compliance with time & accuracy norms.
• Internal Audit.
• Formulated Annual and Monthly Budgets.
• Played a major role in supplier selection and backward integration.
• Successfully handled budgets worth Rs. 18 Crores ($3.6 Million)
• Actively involved in ensuring control over Purchase Policy, Sales & Distribution, Various Internal Policies (Documentation, HR Recruitment, Authorisation Policy, etc)
Raman Rajah & Associates (Cost Accountants), Thrissur, Kerala, India Jul '06 - Jan '07 - As Cost Accountant (assistant)
Role: • Implemented Costing System.
• Formulated Cost Statements for various statutory purposes
• Product Costing.
• Conducted Internal Audits, Branch Audits, inventory Audits & prepared MIS Reports.
• Advance Diploma in Management Accounting from Chartered Institute of Management Accountants in 2011.
• CMA from Institute of Cost Accountants of India in 2009 (ICAI)
• Post Graduate Diploma in Computer Applications from IRS, Thrissur, Kerala in 2007.
• B.Com. from University of Calicut, Kerala, India in 2006.