Seshan Ramaswamy, Head Of Finance

Seshan Ramaswamy

Head Of Finance

Boodai Trading Company

البلد
الكويت - حولي
التعليم
ماجستير, Budgeting, Working Capital Management
الخبرات
25 years, 9 أشهر

مشاركة سيرتي الذاتية

حظر المستخدم


الخبرة العملية

مجموع سنوات الخبرة :25 years, 9 أشهر

Head Of Finance في Boodai Trading Company
  • الكويت
  • يونيو 2014 إلى أغسطس 2023

Led the finance department, reporting to the CEO and executive management of the
investor company while managing a portfolio size of $80-$100 million spread across 5
countries in the GCC
• Spearheaded E2E Finance & Accounts function including Financial Planning & Analysis,
Finance Controllership, Planning, Budgeting & Forecasting, Cash Flow Management,
Working Capital Management and Audits & Compliances
• Provided strategic support to the CEO in investment decisions & evaluated new business
opportunities
• Set up effective & relevant MIS Reporting systems to measure & report periodic
Financial/Operational Performance and Status
• Ensured integrity of the balance sheet through review processes & clean-up initiatives,
resulting in enhanced transparency
• Contributed in business review meetings with the investor company by highlighting the
risks and opportunities for achieving financial objectives
• Enhanced business performance through improved working capital metrics by reducing
the cash conversion cycle by 20%
• Introduced formal credit appraisal system for evaluating credit worthiness and granting
of credit to customers
• Successfully implemented a cloud-based ERP solution (Oracle Fusion), streamlining
financial processes and improving overall efficiency
• Strengthened the GRC environment by developing & implementing policies and
procedures, delegation of authority matrix and internal audit program
• Enhanced the KPI’s for the organization and administered the OKR’s (performance
management system) for the senior management in consultation with CEO
• Acted as a CEO (May’20 - Oct’21), during which navigated the uncertainties of
pandemic, kept employees motivated, managed cash flow, and mitigated significant
risks to the P&L (breakeven during 2020 and 50% of budgeted profit 2021)
• Managed an additional responsibility of the Distribution aspect of Supply Chain,
managing functions like receipt, storage, on-time delivery, fleet utilization and so on

Finance Controller في Yusuf A. Alghanim & Sons
  • الكويت
  • مارس 2008 إلى مايو 2014

Mar’12 - May’14: Financial Controller
• Stabilized the transaction processing environment post-implementation of SAP,
ensuring smooth financial operations
• Accurate and timely reporting of financials, smooth conclusion of audit during ERP go-live year of 2012
• Supported mergers and acquisitions team in performing due diligence for potential
acquisition, providing valuable insights and analysis
Jan’11 - Mar’12: FICO Lead - SAP Implementation
• Steered Project Preparation & Documentation of current state business process,
defined SOP for master data creation and cleansed master and transaction data
• Defined the Chart of Accounts (COA) and Enterprise Structure FSBP
• Finalized the blueprint for senior management reporting requirements through SAP BI
• Defined and successfully implemented the data migration strategy to cut over from the
legacy system into SAP
• Defined business processes, chart of accounts, security authorization matrix & senior
management reporting requirements, ensuring a successful transition to new system
Mar’08 - Dec’10: Manager - Accounts & Control
• Strengthened internal control environment through control initiatives, balance sheet
reconciliations & cost reduction opportunities, ensuring financial stability / compliance
• Played a key role in testing revenue recognition processes for IFRS compliance, ensuring
adherence to international accounting standards.
• Contributed to the formulation of Finance Policies and Procedures Manual, providing
guidance and best practices for financial operations

Finance Manager في Hinustan Coca Cola Marketing Company Pvt Ltd
  • الهند
  • مايو 2004 إلى مارس 2008

• Led various roles, including Finance Manager, Business Analyst, and Region Business
Analyst, providing valuable insights and analysis for decision-making
• Supported GM-Finance with analysis for strategic decision-making, project appraisals,
product pricing and cost reduction initiatives, driving business growth and profitability
• Coordinated completion of audit programs across south region, ensuring compliance
and timely completion of audits
• Deputed for Coca Cola Asia office in Hong Kong wherein played a key role in developing
and implementing a reporting system for analysis of contribution by brands by country
for the Asia Pacific region

Team Leader في Scope International
  • الهند - تشيناي
  • أكتوبر 2002 إلى أبريل 2004

• Contributed in finance process transformation of management reporting activities of
SCB India to Scope International
• Delivered services for the Management Accounting team of Standard Chartered Bank,
ensuring adherence to SLAs and maintaining high-quality output
• Implemented DMAIC methodology to reduce working hours without compromising
quality and SLA, improving overall efficiency and productivity

Assistant Manager - Finance في Satyam Infoway Limited
  • الهند - تشيناي
  • مايو 2001 إلى سبتمبر 2002

• Implemented an integrated collection management system & restructured the
customer database for better receivable management, improved cash flow and reduced
outstanding receivables
• Automated the bank reconciliation process and resolved consolidation issues in USGAAP
and Indian GAAP reporting, ensuring accurate and timely financial reporting

Assistant Manager - Finance في Hindustan Coca Cola Marketing Company Pvt Ltd
  • الهند - تشيناي
  • أبريل 1999 إلى أبريل 2001

• Successfully completed reconciliation and clean-up of assets lying at customer points
(refrigerating equipment)

Accountant في Nestle India Limited
  • الهند - تشيناي
  • ديسمبر 1997 إلى مارس 1999

• Involved in stabilizing transaction processing and reporting for new greenfield C&F
warehouse

الخلفية التعليمية

ماجستير, Budgeting, Working Capital Management
  • في Pondicherry University
  • يناير 2000
دبلوم عالي, FCMA
  • في Institute of Cost Accountants of India
  • ديسمبر 1997
بكالوريوس, Accounting
  • في University of Madras
  • مايو 1996

Specialties & Skills

Management Reporting
Budgeting and Forecasting
Strategic Financial Planning
Financial Accounting
Working Capital Management
MS Office (Excel)

اللغات

الانجليزية
متمرّس
التاميلية
متمرّس
الهندية
متوسط

الهوايات

  • Traveling, Gardening