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Prashant Jaitly, Global Financial Controller

Prashant Jaitly

Global Financial Controller·Siemens Logistics

United Arab Emirates

Master's degree, Business Administration

Work experience

Total years of experience: 32 years, 8 months

Global Financial Controller

April 2019 - Present

Siemens Logistics

Dubai, United Arab Emirates

I found this job using Bayt.com

April 2019 - Present

GLobal Financial Controller for Airport Cargo and Ports (ACP) for Siemens Logistics.
Company industry:
Heavy Industry & Metallurgy
Job role:
Management

Regional Commercial Director

January 2014 - Present

Innovation 360

Dubai, United Arab Emirates

January 2014 - Present

Currently, I am the Regional Commercial Director, over seeing the companies Marketing, Contractual, Financial and Administrative functions across the region.
Company industry:
Construction & Building
Job role:
Management

Regional Commercial and Sales Manager

February 2016 - March 2018

Samsung Techwin

Dubai, United Arab Emirates

February 2016 - March 2018

Over see new project acquisition across the region and also over see commercial / contractual management of projects being currently executed across the region.
Company industry:
Construction & Building
Job role:
Management

Strategic Accounts Director

April 2011 - December 2013

Honeywell Building Solutions

Dubai, United Arab Emirates

April 2011 - December 2013

I was the Strategic Accounts Director with Honeywell Building Solutions (HBS) for the entire Middle East Region. I’m responsible for the overall monitoring and managing of Key Accounts as well as mentoring the Sales Team in line with the Company’s vision to ensure that in the next two years, 80% of our revenue is generated from just these Key Accounts. I have also recently taken on the mantle as a Business Consultant / Business Development Director, which principally is required to tap into unchartered accounts, verticals and territories to increase the Honeywell portfolio.
Company industry:
Construction & Building
Job role:
Management

District General Manager

April 2010 - April 2011

Honeywell Building Solutions

Dubai, United Arab Emirates

April 2010 - April 2011

I was the District General Manager with Honeywell Building Solutions (HBS) for Dubai, Northern Emirates, Bahrain and Oman. My area of responsibility was not only Sales, Operations and the P&L but also to strategize the growth potential within the above districts and to optimize the resources both in plant and manpower. I was responsible for a team of around 200 people in the area of sales, operations, service, F&A etc.
Company industry:
Construction & Building
Job role:
Management

Regional Commercial Manager

December 2008 - April 2010

Honeywell Building Solutions

Dubai, United Arab Emirates

December 2008 - April 2010

Employed with Honeywell Building Solutions (HBS) as the Region Commercial Manager for their Middle East operations. Being responsible for the commercial execution of all the projects in the region with a team of Commercial Managers, Quantity Surveyors and Planners reporting into me and I reporting in turn to the CEO of HBS of the region.
Company industry:
Construction & Building
Job role:
Management

Commercial Manager

May 2004 - November 2008

Siemens Dematic Middle East LLC

Dubai, United Arab Emirates

May 2004 - November 2008

Employed in the Industrial Solution & Services (I&S) division handling the Airport Logistics. I was employed as a “Commercial Manager” for the commercial execution of the Euro 300 million Terminal 3 project for Baggage Handling Systems for Dubai International Airport. My duties included complete project administration with regard to cost control, invoicing, planning, budgeting, claims offer making, receivables, site administration and being a complete interface between the project and the head office and between the subcontractors. Also responsible for Project Costing with regard to variations and claims and is an integral part of the claims / variations team.
Company industry:
Construction & Building
Job role:
Management

Commercial Manager

March 2003 - April 2004

Siemens Ltd.

Mumbai, India

March 2003 - April 2004

Employed in the West-region Sales of the project Division of Siemens Ltd as “Commercial Manager”. I was responsible for project acquisition and execution as well. The job entails offer making, contract finalisation, vendor finalisation etc. It also includes project monitoring with regard to cost, invoicing, extra claims, tax deductions, debtors collection and maintenance of EBIT assets. Currently I was over looking the Bharat Aluminum Limited Company (BALCO) expansion project worth over US $ 100 million with the Siemens E&I component being around US $10 million. In addition to this there are other project being executed simultaneously by me as well.
Company industry:
Construction & Building
Job role:
Management

Senior Executive - Commercial

May 1997 - February 2003

Siemens Ltd.

Mumbai, India

May 1997 - February 2003

As “Senior Executive - Commercial ” heading the commercial department of Engineering & Commissioning (employing about 70 site engineers) with Engineering & Field Services, a sub-division of the Main Projects Division, overseeing and monitoring the cost and the resultant profitability of the Division
Also Involved actively in the execution of Projects as an Integral part of the Project Installation team which executes the various projects all over India and abroad, monitoring site progress with due regard to labour formalities, site administration,
sub-contractor evaluation, cost control with regular site visits.
Company industry:
Construction & Building
Job role:
Management

Site Commercial Manager

August 1995 - April 1997

Siemens Pte Ltd

Singapore

August 1995 - April 1997

Employed by Siemens Adv. Engg. Pte. Ltd., Singapore as Site Commercial Manager to look after all the commercial aspects of MSW Joint Venture(a consortium of Mannesmann, Siemens & Willich) for the execution of Singapore Aromatics Projects, end client being Singapore Aromatics Co., (EXXON), immediate client being Foster Wheeler Eastern Pte. Ltd.

Responsibilities included :

 Cost control and budgeting
 Book Keeping
 Personnel & Labour administration including employment, placement, migration and other related HRD aspects.
 Commercial administration
• Support to Contracts Department with regard to invoicing, variation orders and settlement of final accounts / claims.
Company industry:
Construction & Building
Job role:
Management

Senior Administration Assistant

October 1993 - July 1995

Siemens Ltd.

Mumbai, India

October 1993 - July 1995

Commercial Activities related to project execution of various projects across asia.
Company industry:
Construction & Building
Job role:
Administration

Education

Indo German Training Centre

October 1991

October 1991

Master's degree, Business Administration

India

Post Graduate Diploma in Business Administration ( Industriekaufmann) from the Indo German Training Centre. A two year full time course involving all the aspects of business i.e. Sales & Marketing, Production & Logistics, Costing & Accounting, Finance & Taxation and Human resources and Personnel. This also included intensive practical training at Siemens Ltd.
View attachment

University of Bombay

January 1991

January 1991

Bachelor's degree, Finance & Accounting

India

Bachelor of Commerce 1991 University of Bombay Mithibai College II

Mithibai College

January 1988

January 1988

Bachelor's degree,

H.S.C. 1988 Pune Board Mithibai College 1

Jamnabai Narsee

May 1986

May 1986

High school or equivalent,

India

High School

Skills

Strategic Planning
Expert
Strategic Planning
Expert
Financial Reporting
Expert
Financial Reporting
Expert
People Management
Expert
People Management
Expert
Risk Analysis
Expert
Risk Analysis
Expert
Business Development
Expert
Business Development
Expert
BUDGETING
Expert
BUDGETING
Expert
CLAIMS
Expert
CLAIMS
Expert
COLLECTION
Expert
COLLECTION
Expert
COST CONTROL
Expert
COST CONTROL
Expert
EXCEL
Expert
EXCEL
Expert
EXCELLENT MULTITASKER
Expert
EXCELLENT MULTITASKER
Expert
LOGISTICS
Expert
LOGISTICS
Expert
Strategic Planning
Expert
Strategic Planning
Expert
Financial Reporting
Expert
Financial Reporting
Expert
People Management
Expert
People Management
Expert
Risk Analysis
Expert
Risk Analysis
Expert
Business Development
Expert
Business Development
Expert

Languages

Hindi
Expert
English
Expert
German
Beginner
Marathi
Intermediate

Training and Certifications

Training
Multitude
Multitude of trainings in the course of my career
Oct 1993