Country Finance Manager
DHL Supply Chain
Total des années d'expérience :26 years, 1 Mois
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.