Finance Manager
QSignature
مجموع سنوات الخبرة :17 years, 0 أشهر
Monitor day-to-day financial operations within the company, such
as payroll, invoicing and other transactions.
﹡ Oversee financial department employees, including financial
Assistants and accountants.
﹡ Contact outside services for tax preparations, auditing, banking,
Investments and other financial needs as necessary.
﹡ Track the company’s financial status and performance to identify
Areas for potential improvement.
﹡ Seek out methods for minimising financial risk to the company.
﹡ Research and analyse financial reports and market trends.
﹡ Provide insightful information and expectations to senior
executives to aid in long-term and short-term decision making.
﹡ Review financial data and prepare monthly and annual reports.
﹡ Present financial reports to board members, stakeholders,
executives, and clients in formal meetings.
﹡ Stay up to date with technological advances and accounting
software to be used for financial purposes.
﹡ Establish and maintain financial policies and procedures for the
Company.
﹡ Understand and adhere to financial regulations and legislation.
The finance team works closely with the brands for planning, budgeting, forecasting, analysis, modelling and reporting of the USD 500 million Casual Dining business. We also play an active role in reviewing and enhancing business processes driven by use of technology.
Financial Management - Budgeting, Reporting and Control
• Analyse historic performance & prepare financial models to support brands in developing annual budgets
• Prepare Monthly Financial Review Report and analyse actual performance against budget
• Prepare standard and customised financial reports to review store profitability (160+ stores)
• Liaise with brand teams to investigate adverse performance and present findings to senior management
Inventory Management
• Prepare Inventory budgets and monthly reforecasting (Average Inventory holding of USD 8.5 million)
• Supported implementation of new inventory management system that resulted in enhanced visibility and ability to track inventory across stores, distribution centres and 3rd party warehouses
Cost Saving Initiatives
• Spearheading supply chain cost saving initiative - tracking price trends for 5000+ SKU across 15 brands in 8 markets; timely identifications and corrective actions have resulted in savings of more than USD 4.5 million (3% of total food costs) last year
• Undertook project on staff leave planning and tracking to optimize accruals and reduce overall staff cost
• Developed dashboard for tracking of operational KPI’s to benchmark across brands and optimise spending
The Client Financial Management (CFM) function fulfils a Chief Financial Officer role on a project basis, responsible to drive optimal decision making in pursuit of profit maximization within a commercial framework. I worked on an outsourcing project for a diamond client in the mining & petroleum sector with revenue amounting to USD 2.8 million.
• Engaged in planning, forecasting, budgeting and monitoring cycle as a platform for driving financial results predictability and timely escalation of variances
• Worked with engagement executives to set-up and coordinate engagements work and financial management processes, tools and reporting structure
• Prepared and analysed financial management reporting suite to track performance against targets
• Provided decision-making support to drive revenue growth and profit maximization by thoroughly understanding relationship between contractual commercial arrangements, underlying nature of services provided & internal management expectations
• Operationalized Governance & Compliance framework into all aspects of financial management processes
• Prepared costing for proposals, monitor engagement profitability and U.S. GAAP compliance; identified issues and coordinated their resolution
• Performed and monitored Accenture internal financial accounting processes and performed special assignments for engagement executives, e.g. ad-hoc reporting, trend analysis, costing and forecasting
• Supervised client financial management analysts and assistants
Awards Received
• “Star of the Quarter” - CFM
• “Organizes and Directs Quality Work Efforts” Award
• “Builds and Applies Skills and Capabilities” Award
• “Drives to Add Value” Award
Sesame Workshop India is part of Sesame Workshop, USA which is the non-profit company behind the American children's television series, Sesame Street (famous for the Muppets). I was part of the initial start-up team in India.
Financial Management, Reporting and Control
• Participated in design and formulation of Finance Policies and Procedures for use by the organization
• Developed project proposals for submission to donors
• Oversaw organization adherence to donor financial reporting requirements; reviewed donor agreements for compliance with organization’s financial standards
• Prepared and submitted financial reports required by project team, counterpart organizations, various donor agencies and New York Office in respect to both contractual and legal requirements
• Ensured compliance with accounting policies and local laws & regulations
• Processed and maintained financial data; analysed monthly expenses
Planning and Budgeting
• Developed strategic plans and budgets; provided support to program teams to compile annual plans
• Supervised preparation of financial and budget reports and analysed fiscal data of the organization
Cash Management
• Developed and implemented Office’s accounts payable policy
• Supervised the Office’s banking arrangement and maintained liaison with principal bankers
• Monitored the Office’s cash position; reviewed and approved all sub-office cash transfer requests
Audit
• Developed guidelines and procedures; established annual audit program; provided support to Independent Auditors in preparing for and conducting the annual audit; took appropriate action on audit findings
• Ensured safekeeping of all financial records, contracts, employee records and other relevant information
CASA is one of the leading NGO’s and funding agencies in India. I worked on Emergency Projects like Tsunami Relief & Re-habitation Programme
• Managed grants and ensured compliance with Donors’ requirements, viz. work done, accounts and reports
• Monitored and evaluated CASA’s South Zone Projects; supervised working of five sector accountants
• Prepared and presented Core Programme Rolling Budget to various international donor agencies like Christian Aid, DCA, ECHO and EDD etc.
RLEK is one of the premier organizations of Dehradun working in the field of Panchayati Raj, Human Rights, Legal Rights and Gender Equality issues. I was in-charge of the financial management of annual budget for projects exceeding USD 0.4 million
As part of the mandatory internship requirement of the C.A. curriculum, participated in Internal & Statutory Audits, Planning & Budgeting, Financial Statement Analysis, Taxation Work of Corporate and Non Corporate Organization, Bank & Insurance Audits
One year management program for working executive - Executive Program for Young Manager -Indian Institute of Management Calcutta
Passed Level 2 of Chartered Accountancy from ICAI
First Division in Bachelor of commerce