Narayan Prasad sah

operational and strategic decision making.
•Drive day-to-day business performance through timely release of accurate financial results and forecasts, analysis and monitoring of key business performance metrics including margin control, brand/ customer profitability, NPD, SKU rationalisation, etc. Facilitate structured business reviews.
•Ensure cost and budgetary control over product costing, TMI/CMI spends, manpower and other overheads.
•Lead/actively support cross functional cost saving/ optimisation, efficiency improvement, revenue/margin maximisation and other BU/Corporate initiatives.
•Enforce financial discipline and efficient working capital management. Ensure availability and optimum utilisation of bank facilities in co-ordination with Corporate Treasury. Negotiate with bankers for line of credit when required.
•Continuously monitor foreign currency, interest and counter party risks. Help devise risk management strategies.
•Ensure all statutory compliance are met including Income Tax
•Ensure strict compliance with Group policies and processes, including DOA, Accounting Manual and other finance Guidelines. Critically examine and help strengthen existing BU systems, workflows, procedures, policies and internal controls.
•Looking after status of foreign exchange fluctuation, dealing with treasury department, Sales & Purchase of foreign Currency, monitoring of foreign exchange fluctuation on daily basis, negotiation for forward & to hedge the Risk.

The preparation of the annual budgets, comparison of actual performance against the budget, identifying and analyzing variance devise and monitor the implementation of necessary actions .Driving Business performance through analytics on Portfolio management / Category Development Reporting of Financials.
•Design & implementation of the new Treasury Management System as per assessment, procurement.
•Have rich exposure in Project accounting, Set up for Rice Mill Plant and Soap/Detergent Plant project.
•To identify the performance indicators, bench marking with the industry and recommend ways for effectively adopting and implementing performance indicators. .
•To initiate, review, assess and implement programs to continuously improve the productivity of all processes and systems within the organization and to advise and guide the operational managers in carrying out work flow analysis and other techniques for systems improvement and cost management.
•Presenting a true and fair view of the financial position of the company by way of timely preparation of annual reports and ensuring analysis of expenditure on a monthly basis to control expenses; finalizing quarterly and annual financial results of the company- Plant wise as well as consolidated.
•LC Opening, Bill discounting, Import -Export documentation and Treasury management, Insurance handling of all group and ensure the claimed in time.
•Review of business and accounting systems & processes (SOP) and strengthen internal control system, System development and core implementation, Internal Control Set up wherever required.
•Carrying out cost saving analysis and recommend the same to top Management & Implementation.
•To evaluate the credit worthiness of the customers & suppliers, review of the credit policies and approval of credit as per set guidelines.
•Developing and enhancement of group treasury’s risk and also operating financial accounting procedures for the Group in alignment with IFRS requirements.
•Financial analysis and Preparation of Loan documents for Bank loan approval with close liaise with financial institutions for compliance and raise credit line USD 14 millions.
•Support the Company Management to ensure maintenance of appropriate internal controls and financial procedures. Should be able to independently review and streamline processes..
•Analysis the Product mix margin and necessary suggestion in improvement of the bottom Line.
•Design and setting in place of an effective management accounting function within the organization, in order to provide leadership to organizational improvement initiatives.
•Looking after status of foreign exchange fluctuation, dealing with treasury department, Sales & Purchase of foreign Currency, monitoring of foreign exchange fluctuation on daily basis, negotiation for forward & to hedge the Risk.

Saud Bahwan Group plays a humble role in the nation’s economic life as a leader in automotive sector & construction equipments - by introducing world-class brands into Oman like Toyota, Daihatsu, Lexus, Kia and Ford and Heavy Vehicles segment - with the MAN and HINO, Komatsu and Kato.( Turnover more than $ 5 billion).
Significant Highlights:
•Handled gamut of tasks for company policy compliance :-
•Operational routine audit on daily basis Preparation i.e. Verification of Financial Statement i.e. expense ledger, vendor payment, accounting of collection, Reconciliation for Cash of whole branches.
•Budgeting, planning, Performance analysis of the various business segments.
•Assisting senior manager in clearance of Chairman Approval, Local purchases Orders.
•Reviewing monthly P & L to segment wise & identify the reasons for any deviation for business plan for top management review.
•Supervised staff auditors on audit engagements and on routines works.
•Review of staff’s observation in respect of various transactions related to Advance payment to suppliers, account receivable etc and corrective measures/initiations are taken to achieve desired results.
•Cost saving in respect of various areas & reviews with objectives of identifying opportunities for cost saving and stoppage of revenue leakages.
•Suggest checks & control in SAP system & their implementation for good system control.
•Involving in BW SAP project for the customised report for the analysis of various data.
•Conducted financial, compliance, information system, fraud, and operational audits resulting in improved controls and operating efficiencies.
•Indentifying the audit risk area & same discuss with higher level along with solutions.
• Assist Senior Auditors in carrying out special audits / investigations / assignments as recommended by the Management and suggest new areas / ideas, for further improvements.
•Analysis of Investment viability report.
•Developing and implementing incentive plans to increase sales and improve profitability.

Significant Highlights:
•Follow-up for the compliance of reported findings / recommendations and present status report for review of Senior Auditors.
•Analysis the financial benefits in the various duty drawback schemes and LC documentations.
•Checking bills of entry of imported items, Ledger Scrutiny of expenses and analysis of export/import benefit..
•Shouldered responsibilities for Statutory Audits, compliance of Accounting Standards and interaction with statutory auditors for finalization of accounts
•Preparation of consolidated plant audit report for

Audit
(Through ICAI Campus placement, India).3rd Largest Player in secondary steel industry in india. (Turnover INR- 10000 cores

Internal Fraud.
Role: Identify the fraud, top management by divert the company client their person business.

of Major Industries Type: Manufacturing, Construction, banking, Electronics, Trading.
•Statutory Audit, Internal Audit, Management Audit, System audit, bank audit, Stock Audit & Tax Audit of listed companies and Ensuring service tax returns, claims for refund are filed with the department in time.
•Consolidation of balance Sheet & Reconciliation & filling returns of Vat, Excise, Service tax, ROC.
•Accounting & Ledger scrutiny of various expenses and also review on excise matters.
•Finalisation of the quarterly Limited review statement for clients.
•Major Client

innovative and integrated multi food products Group. With an established global presence, the Group offers a wide range of food products, related derivatives, intermediates and services

Report to GM and Dot line to Finance Director.

Preparation of budgets, forecasts and cash flows projection month wise and analyse the variances if any with actual, suggest to action for control.
•Reviewed and Monitored Cash management on daily basis, costing of various products such as Landed Cost Raw of Materials, Batch wise Process Cost; Monitoring the batch wise cost for by product and WIP; product wise cost of final product and Analyzing of variance in relation to qty and cost of all process..
•Provide monthly variance reports against monthly plan, cash flows and various operating metrics. Provide suggestions for process improvements.
•Possess quality skills in analyzing and identifying potential compliance risks as well as performing periodic reviews and audits of products/ services, detecting regulatory violations, etc..
•Group-wide cash forecasting & conducting reviews of cash forecasts received by SBUs Steel & Transport
•Responsible for transfer pricing etc. developing accounting & financial policies, systems controls for existing businesses.
•Financial analysis and Preparation of management Account for Bank loan approval and Raise USD 3 Mn.
•Perform accounting and reporting in line with the applicable accounting standards IFRS.
•Control over revenue of transport segment and expense on consignment basis.
•Overseeing the Payroll process and Drives creation and adherence to SOPs.
•Prepare and control the weekly / monthly cash flow forecast and the relevant inter-bank transfer for submission to Director, including the placement, renewal and/or withdrawals from the deposit accounts with banks Monthly cost sheet for production of steels & review expenses ledgers.
•Make action plan to collect the AR (outstanding), meet the working capital requirement.
•Identify and highlight critical high-risk areas within the compliance regime which require immediate action to resolve.