Pradeep Thomas

• Strategy formulation and execution from a Finance and Operations perspective.
• Negotiation with the major developers for revision of lease rentals. This has brought in cost savings of over AED 4 Mn in 6 months
• Performance analysis of the individual stores and suggesting remedial measures
• Incharge of the 18 member finance team, which includes 2 Chartered Accountants
• Monthly reporting, budgeting and monthly variance analysis
• Review and setting up of internal controls, processes and system
• Liasoning with the BU Heads and support them in strategic decision
• VAT and IFRS compliance
• Inventory control and revenue optimizing with regard to rebates and additional discounts
• Supplier, Bank and Insurance company negotiations

Outsourcing, Oil and Gas, Technical Services, IT, Insurance Broking;
Size: Topline of USD 200Mn;
Job Profile
•Incharge of the entire Group finance
•Managing a total team of over 35 employees including 3 Chartered Accountants
•Budgeting and Variance Analysis
•Monthly reporting - P&L BU wise/ Department wise/ Company wise
•Mergers and Acquisitions
•Strategic and financial decision making keeping in view the long term goal of the Group
•Liaising and negotiation with the bank for credit/trade facilities
•Review of legal contracts
•Cash flow management and forecasting
•Consolidation of financial statements
•Set up and oversee the financial controls of the Group
•Developing systems and policies that is in sync with the common objectives of the Group
•VAT compliance of all the group Companies
•Exploring acquisition opportunities
•Risk Management
Achievements
•Revamped the entire accounting system and designed and implemented the monthly reporting for the Group and analysis.
•Devising strategies for the Group including acquisitions
•Started the Indian outsource center - outsourcing HR and Finance activities to India.
•Took the initiative and was successful in organizing USD 50Mn bank facility for the Group
•ERP implementation.

Job Profile
• MIS reports, including the P&L, Balance sheet and margin statements
• Providing in depth quarterly analysis on the performance of the organisation and highlighting areas of concern and suggest remedies
• In charge of formulating the annual budgets and reporting the variance on a quarterly basis
• Preparation and presentation of estimates for the succeeding quarter
• In charge of annual statutory audit and the interim transaction audit. Consolidation of financial statements and ensuring that they comply with IFRS requirements
• Working capital management, credit control, Fund management and cash flow projections and forecasting
• Monitoring the receivables follow up done by the team members and ensuring prompt collection. Ensuring that the accounts payables are settled within the time period and before the due date, including approving payments
• Liaising and negotiating with the banks and financial institutions for working capital requirements
• Was reporting to the Vice president. Guide and motivate a team of 7 accountants and ensure they meet the SLAs and provide the highest degree of internal customer service
• Taking care of the various tax requirements of the India office
Major Achievements
• Received the Star Innovator Award in 2012 for successfully conceptualising the online travel and claims system
• Successfully revamped the quarterly financial analysis and reporting
• Implemented various Microsoft Excel Macros enabled ERP upload techniques, which saved time and effort of the accountants by around 80%.
• Took the initiative of reporting consolidated financial statements, which nullified the concerns of related party transactions.

Edutech is a leading provider of learning solutions and services for academic institutions, companies and governments.
• Cash flow management and advising the management and taking appropriate measures
• Financial projections with regard to the cash flows and region wise/BU wise profitability
• Project appraisal and preparation of project reports and investor presentation reports
• Liaisoning and negotiating with the banks and financial institutions for getting the facilities like OD, LC, BG etc across middle East
• MIS reporting to the top management on a monthly basics and suggesting corrective measures if any.
• Preparation and consolidation of financial statements of the company and oversee of the audit of the Middle East offices, including Bahrain, Kuwait, Qatar and UAE
• Process and system development in the organization and ensuring that the procedures, process and the policy comply with IFRS and with the normally accepted accounting principles and practices
• Cost analysis and suggesting ways to control the cost and thus improve profitability.

IT Size: Topline of USD 1.5 Bn
Infosys (NASDAQ:INFY) is one of the world’s largest ITES provider, with global presence.
•Five years of experience in managing the finance and accounts functions of Trivandrum Development Centre(DC) of Infosys with an employee strength of 1800. Reporting to the Regional Manager - Finance and Accounts
•Hands on experience in setting up and managing an office right from its inception
•Streamlined processes on accounts payables - vendor payments and employee payments, disbursement of loans and other internal controls
•Preparation, review and submission of monthly and quarterly schedules and reports to the head office for compilation
•Preparation and consolidation of accounts
•Tracking the budget of the development centre, mapping the same with the actuals and analysing the variances and reporting the same.
•Working closely with the internal auditors and financial institutions
•Liaisoning with the various heads of other verticals and senior level managers for various activities
•Responsible for the cost saving initiatives in the Infosys Trivandrum.
•Actively involved in strategy formulation and preparation of business plan for the development centre.
•Vast exposure in STPI, SEZ, VAT, Customs, labour compliance and other statutory compliances.
•Working knowledge in SAP - for the past five years
•Assisting employees in their various tax/finance related queries