Narasimhan  Varadharajan, Head

Narasimhan Varadharajan

Head

KEF Holdings

Location
United Arab Emirates - Dubai
Education
Bachelor's degree, NA
Experience
27 years, 6 Months

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Work Experience

Total years of experience :27 years, 6 Months

Head at KEF Holdings
  • United Arab Emirates
  • My current job since September 2009

of Corp Finance
Responsible for establishing the financial system of the Holding company registered offshore, draft financial policies, recruit and lead a team of financial professionals for various operations including investments for the HQ located in Dubai
Prepared and executed the business plan for Foundry and Valve manufacturing facility located in Sharjah, played a key role in fulfilling due diligence for a value of $1 billion and success liquidated founder equity to American Multinational Conglomerate
Handling the direct management of the company post disinvestment having a valuation of AED 1.2 billion
Supporting the Board of Members in establishing the Offshore Holding Company, establishing corporate policies, created and implemented the audit proceedings
Assuming overall responsibility for the complete statutory audit of the holding companies and their subsidiaries throughout the globe
Responsible for training the finance team members in aligning to the organisational goals of the company
Accountable for monitoring the performance of gross offshore investments worth $500 million
Creating and implemented a robust reporting system, indicating key performance metrics, monthly variances and advised the Board on interpretations
Coordinating with cross functional team in resolving issues related to finance and fund allocations
Contributing substantially towards budgeting, forecasting, ideating and placing mechanisms that contains overall expenditures and improves bottom-line
Managing the reality assets owned by the Chairman and converted them into a revenue making proposition within a year’s time
Holds the reputation of creating a business plan for one of the subsidiary company and obtained a loan facility from the bank to a tune of $42 million, thus creating an asset base of $66 million

Senior Finance Manager at Emirates Techno Casting, FZE
  • United Arab Emirates - Dubai
  • May 2005 to August 2009

Responsible for directing the finance, accounting and administrative functions of the of company producing AED 43 million gross sales revenue with business interests in manufacturing valve castings
Astutely handled finalisation of accounts and created reports as per the Reporting Rules & International Standards
Played an instrumental role in the turnaround story of the organisation - part of a highly dynamic team that revamped the annual turnover from AED 25 million to AED 73 million
Prepared and submitted the annual business plan for the company, advising the management on the long term and short term financial planning
Carried out business modelling, risk assessment and ensure that the company’s finances are insulated from unforeseen shocks
Created and monitored business and operational budget, measured, analysed and advised on performance against budgets to the upper management
Ensured provisioning of finance, accounting, and general administrative support services to all the divisions and departments
Authorised the procurement requirements of various departments in line with their allocated budgets
Collated, prepared, interpreted budgets, accounts, commentaries and financial statements
Scouted opportunities for improving processes, redirected operations and to achieve process excellence
Devised and implemented Process Centre Financial Reporting Format/Procedures
Developed exceptional relationships with bankers and insurance agencies

Manager - Finance & Administration at Commtec LLC &Kunar General Trading LLC
  • United Arab Emirates - Al Ain
  • July 2004 to April 2005

Offered leadership and direction to a team of two members, reporting to the General Manager & the Managing Director
Analysed and interpreted detailed reports on the fiscal health of the organisation to the Senior Management, responsible for the Annual Company’s Account Consolidation and reporting
Leveraged seasoned expertise in the development and implementation of personnel policies, procedures, salaries/wage administration
Directed the accounting adn financial systems through implementation of controladnreporting system to adequately monitor and provide financial insights into business operations
Performed profitability analysis periodically and suggested ways to improve profitability in an increasingly competitive environment

Chief Accountant at Zamil Glass Industries
  • Saudi Arabia
  • September 1999 to May 2004

Managed the finance operations of the company producing Saudi Riyal 85 million in annual gross sales revenue
Handled accounts finalisation, budgeting, forecasting, audits, internal controls, MIS, payroll management, cash flow management, working capital management and reporting
•Monitored trade receivables, payables, prepared credit limits and prepared over limits; reengineered the credit and collection processes increasing the collections churn
Credited for redesigning and customising the MIS; offered the Senior Management with a timely and accurate operational and financial report

Accounts Officer at TVS Suzuki Limited
  • United Arab Emirates - Dubai
  • July 1996 to May 1999

Jul 1996 - May 1999 TVS Suzuki Limited, India Accounts Officer

Education

Bachelor's degree, NA
  • at University of Madras
  • January 1993

courses: Professional Development CMA, Institute of Cost & Works Accountants of India

Specialties & Skills

Financial Forecasting
Offshore Projects
General Finance
MIS Reporting
ACCOUNTANCY
BUDGETING
BUSINESS PLANS
DIRECTING
FINANCE
FINANCIAL
FORECASTING
MANAGEMENT
POLICY ANALYSIS
REPORTS

Languages

English
Expert
Hindi
Expert