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Satish Selvanambi, Chief Financial Officer CFO - Primary Care

Satish Selvanambi

Chief Financial Officer CFO - Primary Care·Aster DM Healthcare

United Arab Emirates

Master's degree, CGMA ACMA UK

Work experience

Total years of experience: 26 years, 0 months

Chief Financial Officer CFO - Primary Care

August 2019 - Present

Aster DM Healthcare

Dubai, United Arab Emirates

August 2019 - Present

Key Profile:
Responsible for Business and Strategic Financial Management of 200+ Clinics, Retail Pharmacies and Labs with Ecommerce
• Drive Primary Care business with vertical CEO - 50% of the overall group
• Boost business opportunities through identification of new revenue streams, maximization of capacity utilization
• Vertical P&L responsibility with end-to-end Finance and Accounts operations, functional KPIs and team development
• Lead performance measurement, ROI based and potential driven asset allocation for the sub-units
• Collaborate with Group management and external stakeholders for smooth commercial operations
Key Highlights:
• Successfully integrated intra-vertical functions into a Single consolidated vertical Finance team
• Initiated cost saving measures through non-core task offshoring and process automation
• Doctor utilization and Staff optimization across Units
• Brought down Days Sales Outstanding

Company industry:
Medical Clinic
Job role:
Finance and Investment

Global Finance Controller

January 2017 - April 2018

HMD Global - Home of Nokia Phones

Dubai, United Arab Emirates

January 2017 - April 2018

Key Profile:
Chiefly responsible for Finance Management, driving Marketing operations, data analytics and reporting
• Manage Global Marketing Finance function facilitating strategy and planning, ensuring that KPIs are followed across the markets by partnering closely with the senior stakeholders (CFO, CMO) as part of the CFO’s Controllers team.
• Drive the Operational Excellence in the Financial & Accounting area, by supporting a cross functional team and implementation of Global Finance initiatives, maintaining high compliance standards
• Assist the Senior Management by providing Financial Analysis, insights and recommendations on all elements of marketing mix, market expansion and growth strategy.
• Work closely with IT to increase automation in the financial and accounting processes.
• Manage the overall marketing planning and operations framework for the new Start-Up, drive return on investment philosophy across the marketing function
• Work with Brand Licensor and Technology Partners like Nokia in aligning brand and marketing activities, collaboration and reporting.

Key Highlights:
• Instrumental in best utilization of the Marketing Investments and Resources ~ 10% of topline.
• Successfully led, developed and coached the Global and Local Marketing finance team along with establishing Marketing Finance function and processes (planning, control, reporting)

Company industry:
IT Services
Job role:
Finance and Investment

Revenue Controller

September 2005 - December 2016

Microsoft + Nokia

Dubai, United Arab Emirates

September 2005 - December 2016

Key Profile:
Efficiently managed Business Analytics, Sales Forecasting & Planning, Capital Expenditure, Product Costing, Inventory Control, Customer Interface, Credit Management and Cost savings.

• Managed Sales Planning, Sales Target Setting, and Performance Management across MENA Area (18 countries)
• Managed Area Sales and Gross Margin optimization with financial evaluation of opportunities and risks
• Managed Customer interface, Channel Inventory control and Credit Management
• Successfully implemented Sales Terms and Conditions (T&C), Pricing policies and processes
• Responsible for Capital expenditure investment planning, budgeting and business cases
• Managed Product Costing, Inventory planning and controlling in Nokia’s biggest Factory
• Functioned as the Project Core Team member: Factory set-up, Expansion, Self-Billing Invoice, Kaizen, Six Sigma

Key Highlights:
• Played an important role in Nokia's biggest Factory’s construction CapEx. of $200m
• Instrumental in leading the lowest Product Cost production among 10 Factories
• Significantly reduced carrying costs and obsolescence risks @ 30%
• Played a key role in achieving 5% of topline cost saving through best in class Sales planning
• Successfully reduced Accounts Receivable by 5 days and credit risk through collaterals

Company industry:
IT Services
Job role:
Finance and Investment

Zonal Finance Manager

April 2001 - June 2005

Henkel

India

April 2001 - June 2005

Key Profile:
• Managed overall Country Financial Planning and Analysis with the Country Management
• Supported Asset Allocation and drove ROI philosophy with financial target achievements
• Ensured budgetary control and optimization of Marketing Investments
• Customer interface with Credit Management responsibility

Key Highlights:
• Spear-headed SAP R/3 ERP implementation as part of core team across all the units in the country
• Implemented Cognos (Adaytum) planning tool for business planning and simulations
• Assisted in preparation of the company’s Annual Report

Company industry:
FMCG
Job role:
Finance and Investment

Assistant Manager

January 2000 - March 2001

Dishnet DSL

India

January 2000 - March 2001

Established A/R Function, Billing system and Revenue Recognition

Company industry:
Internet & E-commerce
Job role:
Accounting and Auditing

Executive

January 1999 - December 1999

IBM

India

January 1999 - December 1999

Developed Business processes with control checks and audit testing•
Interface between Global Audit and the country functional departments•

Company industry:
IT Services
Job role:
Sales

Education

Chartered Institute of Management Accountants CIMA

November 2010

November 2010

Master's degree, CGMA ACMA UK

United Arab Emirates

Strategic Financial Management

The Institute of Chartered Accountants of India

November 1998

November 1998

Master's degree, ACA

India

GPA (rating): Very good

GPA (rating): Very good

Financial Accounting, Auditing, Taxation

Skills

Business Modeling
Expert
Business Modeling
Expert
SAP ERP
Expert
SAP ERP
Expert
Supply Chain Finance
Expert
Supply Chain Finance
Expert
Financial Control
Expert
Financial Control
Expert
Strategic Financial Planning
Expert
Strategic Financial Planning
Expert
BUSINESS PROCESS
Expert
BUSINESS PROCESS
Expert
CFO
Intermediate
CFO
Intermediate
BUSINESS MODELLING
Expert
BUSINESS MODELLING
Expert
COMMERCIAL FINANCE
Expert
COMMERCIAL FINANCE
Expert
BUDGETING FORECASTING REPORTING ACCOUNTING
Expert
BUDGETING FORECASTING REPORTING ACCOUNTING
Expert
FINANCIAL PLANNING AND ANALYSIS
Expert
FINANCIAL PLANNING AND ANALYSIS
Expert
SAP ERP IMPLEMENTATION
Expert
SAP ERP IMPLEMENTATION
Expert
FINANCIAL CONTROL
Expert
FINANCIAL CONTROL
Expert
START UP
Expert
START UP
Expert
SUPPLY CHAIN FINANCE - LOGISTICS MANUFACTURING
Expert
SUPPLY CHAIN FINANCE - LOGISTICS MANUFACTURING
Expert
SOX AUDIT COMPLIANCE
Intermediate
SOX AUDIT COMPLIANCE
Intermediate
CUSTOMER CREDIT
Expert
CUSTOMER CREDIT
Expert
Business Modeling
Expert
Business Modeling
Expert
SAP ERP
Expert
SAP ERP
Expert
Supply Chain Finance
Expert
Supply Chain Finance
Expert
Financial Control
Expert
Financial Control
Expert
Strategic Financial Planning
Expert
Strategic Financial Planning
Expert

Social profiles

Personal Website
Personal Website

URL removed due to policy violation. Please contact support for further information.

Languages

English
Expert

Memberships

Chartered Accountant

Member

November 1998

Chartered Institute of Management Accountants CIMA UK

Member

November 2010

Training and Certifications

Training
Corporate Finance
Corporate Finance Institute
May 2018

Hobbies

  • Reading
    Constant learning and expanding knowledge horizon