Nittin Bohra

Almana Group is one of the largest groups in Qatar having more than 15 companies engaged in various business.

Dealership of Ford, Lincoln, Peugeot, Jeep, Dodge, Chrysler and Ford Heavy Truck

Key Deliverables:
 Review and approval of all letters of credits, supplier payments, performance bonds, guarantee formats, large contracts, vehicle pricing, inventory pricing and other product pricing for all business units.
 Analyse complex financial data and extract relevant information, interpret for determining past financial performance and project financial profitability.
 Reviewing, and approving in-house finance deals for vehicle finance along with credit control department.
 Implementing Credit control process and monitoring Credit Control / PDC Management department having 50000 plus PDC’s on hand.
 Monitoring Collection Department for follow-up of receivable for credit and instalment sale and Submitting reports to the upper management.
 Liaising with internal and external auditors as needed on research/resolution of complex accounting issues.
 Liaising with insurance companies on renewal of policies, claim settlement, Insurance jobs at Bodyshop etc.
 Managing company's cash flow, annual budgeting, forecasting, financing & structuring financial strategies to ensure accurate/timely reporting and compliance, exercising budgetary control and managing the working capital.
 Monitoring payroll and timely distribution of salary.
 Leading a team of more than 20 staffs including Chief Accountants, Senior Accountants, Accountants & Cashiers.to effectively manage the accounting and finance departments Automotive Division of the organization.
 Designing and implementing financial control systems and innovative techniques for effective procurement and inventory management.
 Developing analytical tools like flow charts, and conducting regular cost and variance analysis to review the financial performance of the company.
 Liaising with agencies/representatives, banks, and other outside organizations to ensure cycle of efficient operational processing;
 Leading to special projects like implementation of ERP system (Oracle, Drive - Auto line, Kerridge); handling 6 modules in Oracle including AP, AR, Cash Management, Fixed Asset, Project and General Ledger.

Significant Highlights:
 Significantly reduced the rent cost by advising on company’s own accommodation to the work force thereby generating rent income by giving the same on rent to the clients.
 Ensured renegotiations with many suppliers and service providers to get better discounted prices and save the cost to company.
 Instrumental in handling funds/ budgets worth up to 75 million USD.
 Restructured the financial reporting system and enforced sound in-depth meaningful financial analysis, best practices and benchmarks.

A large organization having diversified business activities in East Africa such as retail chain of consumer goods, Glass Industries, Automobile Industries, Engineering Industries, Construction, Transportation, Clearing and Forwarding etc.

Key Responsibility Areas
• Setting up financial systems and budgetary control systems in the initial stage of the project.
• Preparing annual budgets for operations, exercising budgetary control and managing the working capital.
• Forecasting the cash flow requirements and effectively managing the funds.
• Leading a team to effectively manage the accounting and finance departments for the organization.
• Designing and implementing financial control systems and innovative techniques for effective procurement and inventory management.
• Developing analytical tools like flow charts, and conducting regular cost and variance analysis to review the financial performance of the company.
• Contributing to special projects like implementation of ERP system.

Significant Achievements
• Successful implementation of ERP in 8 companies having varied business activities.

Ashima Group of Companies is in the business of manufacturing and marketing of Textile, garments etc and having turnover of Rs. 500 crore per annum.

Key Responsibility Areas:
• Leading a team to effectively manage the accounting and finance departments for the organization
• Conceptualizing and implementing MIS reporting formats for smooth communication.
• Cordination with statutory Auditors and finalisation of annual accounts.
• Supervising the book keeping, maintenance of accounts, their reconciliation at the branch level and subsequent consolidation with the company accounts.
• Looking after of Income-tax matters for all groups companies.

Tainwala Group of Companies is in the business of manufacturing and marketing of Plastic Berals (Tainwala Polycontainers Ltd.), PVC Sheets (Tainwala Chemicals & Plastic (I) ltd.)

Key Responsibility Areas:
• Forecasting the cash flow requirements and coordinating with banks to negotiate working capital.
• Leading a team to effectively manage the accounting and finance departments for the organization
• Conceptualizing and implementing MIS reporting formats for smooth communication between the branch and head office. Successfully implemented the system to highlight performance achievements.
• Cordination with Auditors and finalisation of annual accounts (two listed companies and six private limited companies),
• Supervising the book keeping, maintenance of accounts, their reconciliation at the branch level and subsequent consolidation with the company accounts.
• Looking after of Income-tax matters for all groups companies (eight companies).

A Leading practicing Chartered Accountant Firm in India.

Key Responsibility Areas and Significant Achievements
• Conducting statutory audits / Tax audits at client premises of leading listed companies in India in the manufacturing sectors.
• Conducting Internal Audits of leading Limited / Private Limited Companies.
• Assessing their internal control systems for efficacy and recommending changes.
• Preparing project feasibility reports for the clients to enable them to procure investment finance.

Major Clients
• Conducted statutory / Tax audits for clients like
 MRPL - Manglore
 Indian Rayon & Industries Ltd. - Mumbai
 Supreme Industries Ltd. - Baroda
 Essar Power Ltd. - Hazira
 Associated Aluminum Ind. Pvt. Ltd. - Mumbai
 Tainwala Polycontainer Ltd. - Mumbai
 Birla White (A unit of Grasim Ind. Ltd.)
 Hindustan Composite Ltd. - Mumbai
 Shaw Wallace & Company Ltd. - Mumbai
 Cyber tech System & Software Development Ltd. - Mumbai
 ICICI Infotech (statutory compliance certificates)
 Birla Global & Finance (Prudential Norms Return)
 Siltap Chemicals Ltd. (Royalty Certificates)
 Maiher Cement (Internal Audit)