Sandip Sarda

Role:
• Leading finance department of 20 people with 7 direct reports
• Directing whole spectrum of finance & accounting and finalization of accounting on monthly basis as per IFRS
• Overseeing risk & insurance operations
• Serving as a part of senior management team for participating in all key strategic & operational decisions and preparing / delivering presentations to management & board meetings
• Developing budgets, forecasts & strategic plans and reviewing commercial contracts
• Responsible for investment appraisals, costing of new business bids and preparing business case for group approvals
• Spearheading taxations & ensuring timely returns and carrying out internal / external audits
• Taking care of working capital and treasury management
• Managing procurement function

Highlights:
• Stellar role in devising key financial strategies such as commercial amendment in Aramco contract renewal, closure of non profitable multiuser facilities, employee incentive schemes to support growth / transformation of business, operational & financial outlook for the company
• Deftly managed to increase cash flows by 30% in 2014 by managing AR and speeding up the billing process
• Took step to assess insurance requirement and taken initiatives to reduce overall operating risk. Brought significant savings by negotiating rates with different insurance providers

Role:
• Preparation of financial and Investment models for new bids in the Middle East region.
• Preparation of business case analysis for group approvals.
• Supporting operating units in different projects.
• Supervising accounting and MIS for regional office for Middle East.

Highlights:
• Holds the distinction of being a Project Manager for handling operational projects
• Pivotal in preparing commercial and rate structure of “Petro Rabigh” Contract which is the most profitable contract of the country operations
• Played a vital role in design & implementation of SUN System V 5.0 in alignment with business requirements which helped in automation of financial reports and substantial increase in efficiency

Role:
• Led a team of 2 members
• Oversaw financial planning and analysis for the Middle East Region
• Monitored consolidation of financial statements and MIS reporting for the whole Middle East Operations
• Ensured regional accounting as per IFRS
• Developed cost and financial models for all major bids within Middle East
• Imparted training to Finance Staff in Middle East related to all DHL reporting systems and tools
• Interacted with immediate group controlling in UK and provided information related to Middle East operations
• Designed project appraisals and investment analysis for group approvals

Highlights:
• Holds the merit of implementing project of one of the huge Oil & Gas Contract of Saudi Aramco in Saudi Arabia in order to manage accounting and budget control
• Instrumental in collection of disputed old outstanding amount from a terminated Joint Venture post acquisition of Exel by DHL

Role:
• Involved in group reporting through Hyperion and managing IC billing & reconciliation
• Implemented new accounting system
• Oversaw all acquisition (DHL acquisition of Exel) projects like JV termination, Re-branding, IT infrastructure changes, etc.

BDO is the 5th largest auditing and management consultancy firm in the world having offices in 100+ countries

The Role:
 Involved in statutory audits as per IFRS
 Gained experience in multicurrency consolidation, financial reviews and internal audits.
 Writing management letters incorporating observations and recommendations
 Assessment of internal controls and make recommendations for system changes which will improve financial & operating control and improve the effectiveness and efficiency of all systems & procedures.

The Role:
 Extracted and interpreted information from financial records and control working capital of a business, ensuring debtors, creditors and stocks are maintained.
 Developed and implemented all the Accounting Operating Procedures- ensured all posting to the General Ledger completed on time and accurately.
 Taken care of accounts receivable follow up; prepared customer-vendor reconciliation statements & final accounts such as Profit & Loss Account and balance-sheet.
 Active involvement in the preparation of financial statements, bank reconciliation and preparation of several reports for the local management.

 Statutory and Tax Audit of major corporates.
 System mapping for internal control assessment.
 Prepare detailed audit documentation.