Director Of Finance
Al Yasra Food Co
Total years of experience :35 years, 6 Months
Responsible for:
* Partnering the CEO and drive the organization to plan and achieve an ambitious growth track
* To provide niche consultancy services for establishing financial & accounting standards
* To provide niche consultancy services for improving the end-to-end processes of the whole organisation
* To positively catalyze organizational growth & profitability through control strategies
* After successfully leading the finance function during the complex implementation of Oracle R12, moving to leverage the benefits of a common ERP platform for our diversified business units.
* Incharge of Finance Shared Service Centre as Head-Finance.
* Created a Shared Service Centre for Finance function and went live in April 15.
* A Cost Accountant & senior Financial Management professional offering 25 years of proven expertise in entire gamut of accounting & financial control practices.
* Expert knowledge in driving business team to achieve goals.
* Expert knowledge in designing and implementing ERPs across large diversified organisations.
* Knowledge in trouble shooting business complexities and suggest adequate solutions and turn around stagnating units.
* Responsible for business profitability, Bank transactions, compliance to accounting systems, policies & standards, continuous cost control, budgeting & achieving targets by timelines for diversified business units
* Leading a team of 20, discharged financial & accounting functions relating to 1400 SKUs, 6500 customers & 1500 suppliers and reported on daily activities to Director (Business)
* Implemented BaaN IVc4 in five large manufacturing units including Process, Distribution & Finance modules; was User Champion in a special project for coordinating & monitoring performance of key users
* As key member of project monitoring team, evaluated plant assets, estimated costs, and monitored deviations
* Conducted monthly review meetings, evaluated budget variance and identified & resolved problem areas
* Derived zero based budgets and built up operations from micro level, effectively reduced costs, improved human productivity & efficiency, and defined & set up proper SOP & control checks
* Introduced TQM Concepts; played key role in Cost Reduction, Accounts Reengineering & Planning Process Projects
* Prepared monthly/annual capital, revenue & working capital budgets, prepared MIS reports, monitored & streamlined funds flows, evolved product pricing, capitalized projects, and conducted Statutory Audits
* Monitored receivables & facilitated timely recoveries, evaluated plant & machinery performance, liaised with various inter-group companies, and monthly evaluated personnel performance against pre-determined targets
* Key person of the team which turned around company soaps, culinary & noodles divisions.
Managed the accounts of three large manufacturing units of the group.
Was a lead finance member of Ramco Marshall, an ERP implementation.
Was responsible for financial consolidation of the 5 factories of the division.
Responsible for MIS report generation , stock records and its variations.