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Shiv Prasad, Finance & Admin Manager

Shiv Prasad

Finance & Admin Manager·Metro Washing & Drycleaning Co. W.L.L

Kuwait

Master's degree, Master in Commerce

Work experience

Total years of experience: 36 years, 6 months

Finance & Admin Manager

February 2019 - Present

Metro Washing & Drycleaning Co. W.L.L

Al Kuwait, Kuwait

February 2019 - Present

Our company holds 30 branches of drycleaning service centres all over Kuwait. I hold the responsibility to consolidate all branches to generate a combined Profit & Loss Statement and Balance Sheet.
To generate branch vice statements too. Details of various expense accounts.
Comparison and analysis of month-wise statements for Purchases and Expenses
Bill wise analysis of receivables and payables.
Cost analysis of purchase of service goods.
Bank reconciliations and follow up with banking transactions on Credit Cards and K-net entries.
Supervising HR to maintain employees database and maintaining the yearly services on leave and Indemnities.
Coordination with a software company in developing an integrated software along with all our branches, with internal transfers and online services for our branches.

Company industry:
Personal Services
Job role:
Management

Finance Manager

February 2009 - September 2018

German Printing Press Co. W.L.L

Kuwait

February 2009 - September 2018

Company is Professionalized in Printing and Packaging
Reporting to CEO & General Manager
Finalization of of year end Financial Accounting, Trading and Profit & Loss Statements, Finalization of Balance Sheet. Preparation of departmental Profit Analysis statements.
Comparative Report on previous two years profit analysis and Capitalization Ratio
Job Costing for each Job. Costing for Import of Paper on Excel Format. Monthly Profit & Loss analysis on month-wise Jobs executed.
Monthly Profit & Loss Analysis with comparison to previous previous 2(Two)years data.
Import Costing comparison of fluctuation of prices with previous years
Preparation of Ageing Analysis for the Accounts Receivables and Payable
Preparation of comparative reports on sales analysis against customers for 3(Three) years to report the increase or decrease in sales for sales team.
Preparation of reports towards outstanding of Receivables more than a Year to be finalized towards Bad Debts.
Preparation of Payable list as per schedule laid down by the financial institutions.
Allocation of Prepaid Expenses along with the Accrued expenses details.
Preparation and allocation of Depreciation on fixed assets.
Preparation of Short Term and Long terms payable report.
Forecasting Financial Analysis with comparative study of previous years figures
Preparation of Yearly Budget Analysis with a comparative study from previous year.
Company Growth Projection and analysis with comparative study with the market along with the competitors in our filed.
Preparation of Inventory Monthly Physical Check and analyzing monthly products movement report.
Preparations of report for the slow moving products and giving analytical report for import products.
Execution and follow-up with Oversea's suppliers for Imports of goods. Follow-up with necessary documents for import products. Arrangements with the Clearing agents for clearing the goods. Preparation with necessary documents related to supplier and legal documents of the company. Reviewing the cost incurred related to customs and the shipping line overheads.
Following up with HR for update of Staff recruited and staff leaving from Job. Preparations of Staff Leave Salaries and accounting the Indemnity for staff. Assisting HR to maintain Staff database.
Preparation of Staff Payroll on monthly bases and executing on the Bank Portal.
Follow up with bank Credit Facilities(Letter of Guarantee/Promissory Notes/Letter of Credit) and maintaining all necessary documents for approval. Taking care of the renewal for the Credit Facilities with presentation of necessary financial documents of the company.
Follow up with the Financial Institution for the credit facilities and presenting necessary official documents of the company
Follow up and preparation of post dated payment schedule for the banking Facilities and Financial Institutions.
Follow up with Internal auditing and external auditors for yearly audit and support with the necessary documents of the company
Supporting in giving Administrative Solutions to the management for upgrade along with financial statements
Follow up with legal administration with Ministry of Commerce & Industry related to finance matters like Balance sheet & to support in increasing capital of the company with supporting with legal documents of the company.
Supporting and follow up with Software development with the software developer personnel. I am also capable to develop excel software with linking up files external and internal.

Company industry:
Industrial Production
Job role:
Finance and Investment

Senior Accounantant(Part Time)

September 2007 - June 2011

Birkenstock for Shoes and Bags

Al Kuwait, Kuwait

September 2007 - June 2011

Finalization of Accounts, Internal Audit. Costing of Imports of goods in Excel Format. And follow up with Company Auditors

Company industry:
Other Business Support Services
Job role:
Accounting and Auditing

Senior Accountant

August 1989 - February 2009

Jassim Abdulwahab & Partner Co

Kuwait

August 1989 - February 2009

Dealing in Oil Products. Agency with Caltex Brand(USA) & Falcon Brand(UAE).
Finalization of Financials Profit & Loss Statement, Finalization of Balance Sheet. Follow up with Internal auditing and external auditors, Costing on Excel of goods, Calculation on Staff leaves and Indemnity. Administrative Solutions, Forecasting Financial Analysis, Yearly Budget Analysis, Company Growth Projection and analysis.

Company industry:
Oil & Gas
Job role:
Accounting and Auditing

Education

M S University, Vadodra, Gujarat, India

May 1989

May 1989

Master's degree, Master in Commerce

India

GPA (percentage): 56%

GPA (percentage): 56%

Maharaja Sayajirao University of Baroda

May 1986

May 1986

Bachelor's degree, Commerce

India

CBSE

May 1982

May 1982

High school or equivalent, Commerce

Kuwait

Skills

Account Finalization
Expert
Account Finalization
Expert
Costing
Expert
Costing
Expert
HR Solutions
Expert
HR Solutions
Expert
Administrative Law
Expert
Administrative Law
Expert
Budgeting
Expert
Budgeting
Expert
Microsoft Excel
Expert
Microsoft Excel
Expert
Microsoft word
Expert
Microsoft word
Expert
Microsoft access
Expert
Microsoft access
Expert
Developing Cross Check Software on Excel
Expert
Developing Cross Check Software on Excel
Expert
Develop Payroll Software on Excel
Expert
Develop Payroll Software on Excel
Expert
Account Finalization
Expert
Account Finalization
Expert
Costing
Expert
Costing
Expert
HR Solutions
Expert
HR Solutions
Expert
Administrative Law
Expert
Administrative Law
Expert
Budgeting
Expert
Budgeting
Expert

Languages

Arabic
Expert
English
Expert
Hindi
Intermediate

Hobbies

  • Basket Ball, Badminton, Travelling, Visualization and implementation
    Projects of Developing Accounting Sofware