Business Financial Lead
HEWLETT- PACKARD
Total years of experience :34 years, 0 Months
7+ years in managing business financial analysis, corporate compliance & consulting activities as below -
Well acquainted in preparing best in class forecast and flash accuracy.
Finalize Annual Budgets, Monthly Cash/Fund Flow Forecast.
Period closing and consolidation of monthly, quarterly and yearly financial statements
Rollout MIS reports with variance analysis
Ensuring Business transactions are fully compliant as per Company policy
Liaising with Auditors for a smooth completion of the Interim as well Year End Audit.
Working out various operating leverage ratios for comparison of business with other competitors.
Business support in terms of better and efficient pricing for the company to be at # 1 position
Be a trusted key partner to the Business (be enabler and challenger).
Expand Business strategic support capabilities, benchmark and best practice sharing.
Develop insightful financial analysis, market trends for business to take appropriate decision.
Review Inventory levels and suggesting control measures to have lower WOS.
Liaising with banks for Working Capital requirements i.e. Overdraft facilities.
Ensuring various cost effective measures for the Business and regular follow-up for its implementation.
Ensuring Business transaction to be fully compliant as per companies Standard of Business Conduct.
AFM & US GAAP compliance reporting - Group consolidation.
Reviewing Partner’s ageing report and implement solutions for a better turn around by automating the AR bookings for the major partner’s.
5+ years of experience in financial practice & accountancy
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Reviewing Group Reporting Packs, Year End Financials, Balance Sheet and P & L Schedules.
Consolidation of Group, MIS, AP ageing, Fixed Assets Schedule, Balance Sheet monthly schedule, P & L schedules.
AFM & US GAAP compliance reporting - Group consolidation.
Revenue recognition project and sub-region wise compliance reporting.
Finance consultant on New Entity Formation - MAHDO activity.
Treasury end to end process for all Middle East entities.
Managing and Reviewing Procurement process.
Reviewing / approving of monthly Accounts receivable & Accounts payable & Fixed Assets entries.
Reviewing Group Cash flow statements and suggest ways to improve cash generation.
Liaising with banks for Working Capital requirements i.e. Overdraft facilities.
Reviewing Yearly & Quarterly OPEX Budgets, providing guidance on various areas on “cost effective spending”.
Corporate governance management (Renewal of Trade License, Powers Of Attorney, AGM, MOA & AOA, etc.)
Legal advisor on corporate governance activity and MAHDO activity.
Tax consultant & advisor for company’s branches / subsidies where tax has to be paid.
Providing training / mentoring to new and existing staff as needed
Work with the controller to ensure a clean and timely year end audit
Ensuring financial closure of Accounts Payable and Receivable Module in a timely manner
Assist in development and implementation of new procedures and features to enhance the workflow of the finance & accounts department.
a turnover of USD $10M
10+ years of experience in financial practice & accountancy
Support CFO / Financial Controller in strategic matters including developing & implementing financial plans
Corporate Planning/Budgeting & supporting underneath affiliates in developing business plans & reviews to ensure harmonization of their targets with company objectives
Consolidation of Financial Statements in compliance with IFRS/IAS & local standards
Financial reporting to Management & Board with variance analysis and providing the reasons thereof
Strengthen control function by review/implementation of Financial accounting manual, policies/ procedures, and authority matrix
Investment & project evaluation with financial projections, feasibilities & financial analysis
Pretty well versed with the financial best business practices of Middle East region
Review of financial statements and variance analysis with budget and last year results.
Overseeing preparation of statutory books of Accounts, Fixed Asset Register, Bank Reconciliation, Party Reconciliation and Consolidated Reports in compliance with time & accuracy norms.
Ensuring financial closure of Accounts Payable and Receivable Module in a timely manner.
Reviewing existing processes and defining new processes where required; ensuring that no audit queries were raised in the yearly audit.
Conducting audits; evaluating the internal control systems with a view to highlight shortcomings & implementing recommendations made by Internal Auditors.
Ensure that all accounting practices are conducted in accordance with Company policies.
Leading firm of Chartered Accountants in India - Bombay
10+ years of experience in financial audit, tax & project management consultancy (corporate)
Planning and assuring completion of audits within the time limits.
Drafting of Financial Statements including the relevant notes to accounts.
Suggest better Internal Control measure (Framework review, Self-assessment) to the clients.
Maintaining the quality standards of the firm in all dealings with the clients.
Contracts Management (Review and Compliance)
Entity-wide Risk Assessment
Tax consulting
Manage submission of returns / assessment on behalf of clients.
Prepare project feasibility reports for the expansion or new business proposal.
Achievements And Awards
Led the team of MAHDO on most complex merger between Compaq & Hewlett Packard (USD 125billion Company).
Partnered SMO on
. (ICAI),
Bachelor of Commerce