براميت Jain

United Millers Limited is a privately-owned Limited Liability Company. The company has been in operation for 41 years. The business operations of the company include Wheat and Maize Milling, Manufacture of Edible Oil, Fats and Soap, Bakery, Trading and Rental.


Key Contributions
 Financial analysis and management reporting: Carrying out monthly financial analysis and balance
sheet reviews, highlighting and interpreting the financial figures therein and presenting the same to the
directorate. Monitoring and ensuring that all entries are accurately, promptly and correctly captured in the
Oracle system and supported by appropriate documentation, strictly in compliance with the company’s
financial policies and international accounting standards.
 Budgets and forecasting: Preparation of annual budgets, quarterly and weekly forecasts and preparing a
variance analysis on a monthly basis.
 Cost Accounting: Analyzing actual manufacturing costs and preparing periodic reports comparing
standard costs to actual production costs. Performing ongoing reconciliations of various cost reports against
software systems to ensure accuracy.
 Cash flow management: coordinating weekly forecasts of company’s cash position, tracking of actual
cash expenditure / receipts, and advising the management accordingly
 Audits: Liaising with both internal and external auditors to provide information and close out any audit
action items within the agreed timelines.
 Banks: Liaising with banks in relation to financial arrangements, loan documents, Negotiation.
 Migration & Automation: Engaged with IT team to migrate in new version of Oracle and facilitate the
requirement for automation of Accounts reports
 Taxations & Statutory Returns: Prepared monthly statutory returns including VAT, WHT, WVAT
ensuring that the company was fully compliant with all tax and financial obligations as per the legislation and
regulations of Kenya. Liaising with KRA for VAT and Custom issues, refunds etc.
 Asset management: Maintained the fixed asset register as per policy, ensuring disposals, and additions were properly accounted for correctly and on time.


Achievement: Successful implementation the company’s new Oracle system with streamlining process in each
module and ascertaining proper financial transactions in the financials. Change in Accounts and finance department
reporting structure to get timely reports and helping in timely closure. Atomization of MPESA which is given cost
saving Ksh One Million to the company. Assisted the management in decision-making with regards to profitable and
non-profitable products. Negotiation with bank for charges which is given cost saving to the company. Successful
completion of due diligence activity conducted by Delloitte & Educate Global. Interest cost saving to the company
Ksh 15 Million, Refunds from KRA Ksh 400 Million.

Finance Controller - Kibos Paper and Packaging Limited - Kenya - (Sept 2019 to April 2020)
Company Profile: Chatthe Group of Companies, Byproduct of KSAIL (Kibos Sugar and Allied Industries
Limited) i.e. Bagasse. KPPL is producing Kraft Reels and Cartons. Having capacity 100 TPD for higher GSM paper
and 30 TPD for Cartons.

Key Contributions
 Financial reporting: prepared monthly income statement and balance sheet on time and within the
international accounting standards Monitored and ensured completeness of transactions. Ensured that all entries
were properly, timely and correctly captured in the accounting system and supported by appropriate
documentation, strictly in compliance with the company’s financial controls and procedures.
 AR & AP : Monitoring timely collection from Accounts receivable an timely payment to Payables via weekly
cash flow projection.
 Internal controls and accounting policies: developed and documented business processes and
accounting policies to maintain and strengthen internal controls, ensuring compliance with IFRS principles

Achievement: Enforced inventory policies which oversaw the reduction of variances, waste paper
procurement process developed to mitigate malfunction, which saved Ksh 2 Million Monthly. . Utility charges
controls which gives company additional revenue Ksh 1 Million Monthly.

 Head - Business Controller ( Nov 2018 to July 2019) - Bhubaneswar
 Assistant Vice President - F& A ( Apr 2018 to Oct 2018) - Mumbai
 Chief Manager - F&A ( Mar 2016 to Mar 2018) - Mumbai
Company Profile: Ziqitza Healthcare Limited (ZHL), is a pioneer in the Emergency Medical Response Services and
Patient Transport Services (108, 102, 1033 & 1298) in India as well as Help Line Services (181 and 104).
Selected Contributions
 Project Monitoring: Monitoring all day to day operation expenses and controlling the same. Which assist
us to control cost of the project and run more profitable. Managing Others functions / Departments like
Inventory (ROL), Procurement (L1, L2, L3 validations), Repair & Maintenance ( Mileage, per km cost, vendor
dealing), CDC ( Agent efficiency, % of achievement, Incentive), MIS ( Various reports as per govt and other
department need), Operations ( Penalty data, Incentive data, MTD status), Payroll (Monthly validation).
 General Accounting Operations: Monitoring all day-to-day accounting operations of the business,
ensuring that correct transactions were posted in the system in a timely and accurate manner. And
submitting Key Indicators Reports to CEO / CFO like Revenue, Penalties trend.
 Financial Reporting: Prepared monthly balance sheet and income statement with supporting schedules
accordingly, reporting on variances and passing necessary adjustments subsequently.
 Budgets and forecasting: Prepared annual budgets, quarterly and weekly forecasts and conducted
variance analysis on a monthly basis.
 Tender Costing: Prepared tender costing for bidding purpose and submission of tenders
 Project Rollover: Part of the team assist to rollover new projects
 Banks, NHM and Audit : Liaise with banks for day to day banking operation, with National health Mission
for invoice submitting & resolve issues and with auditors for internal and external audit.
Achievement: Developed new and complex spreadsheets to help produce the tender costing much
quicker, reducing time from five days to two days. Migrating the accounting from Tally to Sun Software
(INFOR) module. Cost control through proper monitoring wrt Repairs and Maintenance Department,
Human Resource Department and revenue increased via monitoring Call Dispatch Center and Operation
Department. Forensic audit and detected fraud. Retained Tender of Orissa region INR 1440 Mn and won
tender of MP INR 3000 Mn & Sikkim Region INR 25 Mn and won various PSU tenders.

Review and monitor Concurrent audit /
Stock Audit of banks., Statutory Audit of banks, preparation of reports. Review and monitor of NGO Assignment.
Coordination and Liaison with the various individual clients for service tax, sales tax and income tax work.
SPECIAL ASSIGNMENT
* Super Market Group Forensic Audit assignment in Gambia (West Africa).
* NGOs Audit Assignment (The Akshaya Patra Foundation) - Rajasthan, UP, Orissa

Finance Controller | Mayuge Sugar Industries Limited, Jinja, Uganda Period: Oct 12
to Oct 14 - Having crushing capacity of 3000 TCD of sugar cane, 50 MW Co-gen and 30 KLPD Ethanol plant.
S
PECIAL ASSIGNMENT
 Prepared Detailed Project report (DPR) of Mayuge Sugar Industries Limited
 Takeover Modern Steel by Mayuge Sugar.
 Working on development of ERP for Mayuge sugar & Modern steel.

Handled various Statutory Audit, Bank audits, Tax audit
assignments viz MSEDCL, Central Bank of India, SBI Life Insurance, EXIM Bank, State Bank of India, IDBI Bank
etc.