Head
Royal Group
مجموع سنوات الخبرة :19 years, 11 أشهر
to Group CFO, No 2 in the Finance
Organization) based in Abu Dhabi with
Treasury ( number two in the finance organization) - Finance team strength 90
its sector
- with brand recall similar to Coca Cola, revenue exceeding USD 1.8bn and having multiple
large integrated state of the art farming, manufacturing and distribution facilities with varied
dairy, fruit juices and food product range with over 250 S.K.U’s, operating in entire Arabian
peninsula through region wide extensive dealer network, successfully competing
with the international major’s likes of Danone, Nestle, Arla, Craft and Puck, with
consistent high profitability, multi ethnic employee base exceeding 4300, industry leader,
strong relationships with very large retailers like Carrefour, running on SAP.
Achievements
* Developed five year strategic intent, three year business plan for medium horizon
planning and employed the shorter version quarterly rolling forecasts to keep business
plan and drivers current at all times, the annual budget tailing into the rolling forecast
process - Run tight budgetary controls to meet and exceed shareholder expectations
* Revenue tripled over ten year period while retaining operating margins
* Streamlined ERP based standard costing systems & management information aiding
cost control & faster decision-making thus enabling quick market response and
improved product profitability
* Efficiently run treasury - Arranged funding exceeding USD 500 MN, prudent FX
hedging of size USD 250 MN, interest rate hedging of size USD 150 MN and strong
relationships with world’s leading financial institutions
* Finance member of the project team who successfully carried out investments -
setting up state of the art processing plant and super farms - Laid down & monitored
S.O.P’s for project phase, implemented group policies, systems, procedures &
recruited finance team for the operations phase
* Finance member of due diligence and acquisitions team in home market and new
geographical territories - One large acquisition successfully completed
* Implemented good planning and forecasting system & tools to measure business
performance
4
* Refined the group internal controls and embedded them together with the operating
teams through the Enterprise Risk Management Program (ANZ Model)
* Developed finance quality function - Prescribed procedural controls across the business
streams serving as the quality backbone, developed finance training function to instill
controls and thus the well equipped finance teams consistently met internal SLA’s
* Improved working capital norms & credit policies aiding sales and minimizing defaults
in six operating countries
* Continuous timely closure of monthly, annual accounts, statutory compliances and
audit completion within aggressive timeline
* Provided excellent commercial support all operating divisions including sales,
marketing, supply chain, production and business development in third party
negotiations, agreements, make or buy decisions, and trade finance for domestic and
cross border
* SAP Implementation - Performed Finance Benefits Manager role steering project team
towards achieving the targeted measurable benefits
* Set up shared service center for all transaction processing, reduced costs significantly
* Played a major role in upgrading multi ethnic staff skills, knowledge and competencies
thereby enhancing productivity and enabling empowerment - People who can innovate
and work process oriented
* Run insurance desk with annual premium exceeding USD 4m
* Progressed
Selected and implemented Accounting system suiting Indian regulatory, business &
TNT reporting needs
* Implemented HO procedures & policies
* Set up budgets and weekly forecasts reporting
* Set up Corporate finance team and collaborated with region finance team to
consistently achieve provision of adequate reporting - Team size of 4 direct & 15
indirect
* Contributed to roll out the TNT worldwide information backbone system especially
backfilling for CCU region
* Set up treasury - Credit facilities, two banking relationships, countrywide collection
system, centralized payments, insurances, RBI clearances for remittances, joint
cheque signatory function discharged
3
* Set up adequate internal controls including credit controls across the organization &
was duly complimented by TNT HO internal audit team
* Rigorous credit and debtors control
* Planned taxation & complied with statue
* Assisted to tackle regulatory & set up issues enabling business launch on time
* Good background support to adapt the worldwide business model to suit Indian
environment - Product segment finalization, pricing completed and key subcontracts
negotiated to commence business
* Support for challenging and rectifying routes set up in the system saving significant
route costs for selected routes
Achievements
* Implemented Product costing system helping to win many new PLCC /PBT contracts
from SEB’s and drive cost control
* Successfully implemented & helped to monitor project phase cost controls and set up
group policies, systems, controls & plant finance team in the Factory
* Extensive commercial support for product / AMC pricing, product promotion
campaigns, dealer schemes, commercial taxes, import documentary credits, excise
across all India regional offices
* Rolled out Integrated Information system progressing from stand alone PC’s.
* Finance member for all Joint venture negotiations - Handsome contribution as finance
member for all new Investment appraisals for white goods, some major deals being
JV’s with Sanyo for white goods, France Telecom for PBT/ EPABX & Cellular licenses
* Negotiated, arranged and managed funds for major projects and working capital cost
effectively from large financial institutions
* Tightly controlled wide working capital requirement by focusing and refining the
inventory and credit control policies
* Planned taxation and complied with statue
* Progressed from Finance Officer to Finance Manager working through Factory and
Corporate office, managing team size 20
Progressed to
,