Finance Manager
Al Shirawi Group
Total years of experience :17 years, 4 Months
Managing team of 4 people and ensuring proper financial accounting and monthly reporting
of two legal entities.
Financial planning & Analysis and preparation of MIS reports for top level management.
Preparation of annual budget of a legal entity and ongoing performance review of it by analysing
Budget vs Actual reports.
Ensuring VAT compliance of two legal entities.
Preparing reports for weekly project review meeting to monitor the job wise project performance.
Successfully implemented IFRS 9 - Financial Instruments, IFRS 15 - Revenue from Contracts
with Customers and IFRS 16 - Leases in Group Companies.
Group consolidation of 70+ subsidiaries as per IGAAP / Ind AS / IFRS and reporting of
quarterly and annual results as per SEBI Clause 41 of Listing agreement.
Liasioning with statutory auditors for various accounting stands to ensure timely completion of
audits for reporting purpose.
Financial planning & Analysis and preparation of MIS reports for top level management.
Forecasting of financial performance on group level basis on quarterly basis to give insight
about financial numbers to the management for various decision making process.
Preparation of annual budgets of various subsidiaries and ongoing performance review of the
subsidiary by analysing Budget vs Actual reports.
Managing team of 6 people and ensuring proper financial accounting and reporting of various
overseas entities as per IGAAP & Local GAAP on monthly/quarterly /annual basis.
Closely working with Corporate Finance team for various fund raising activities.
Financial modeling for various capital market transactions.
Preparing various contents of Annual Reports like Management Discussion & Analysis,
Financial highlights and Group performance report and Subsidiaries performance report.
Review of business processes and its operating effectiveness.
Preparation of Risk Control Matrix (RCM), Flow Chart and assessment & testing of defined
controls for compliance of Internal Financial Control (IFC) requirement as per Companies’ Act,
2013.
Review of Data Migration from Old ERP to SAP HANA along with testing of effectiveness of
system controls.
To analyse regular amendments in the fields of financial accounting and reporting to identify the
impacts of the same on group and ensure proper compliances.
Handled Foreign Outward Remittance (Looked from the perspective of Double Taxation
Avoidance Agreement).
SPECIAL ASSIGNMENT
Prepared Carve Out Financial Statements into different business segment as per IFRS and get them
audited with Statutory auditor (Big 4) within tight timelines for Capital Market transaction.
Convergence of IGAAP financial statements into Ind AS and ensured accurate accounting positions and
timely audit of financial statement.
Liasioning with auditors appointed by Corporate Debt Restructuring (CDR) cell for various
business transactions.
Statutory and Internal Audit of Private / Public Companies.
•Due Diligence of proprietary business and private limited company for the purpose of takeover and acquisition.
•Prepared CMA report of private limited companies for obtaining bank loans.
•Computed and reviewed taxable income and tax liability for individuals, partnerships firms and private limited companies
DipIFRS
SSC
SSC