Sree Prakash Menon

Key Achievements
 Saved USD c0.2m by analysing business process advising operations on client CCN negotiations.(Yr. 2017-18)
 Lifted rates during client negotiation positively impacting bottom line by USD c0.3m (Yr:2016-17)
 Saved USD c0.4m by improving cost efficiencies. (Yr:2016-17)
 Achieved USD 0.3m in cost optimisation through space and capacity planning. (Yr:2016-17)

Business Partnership & Reporting
 Strategic business partner
 Direct and Develop Financial models
 Insightful, meaningful and timely delivery of Board Packs



Commercial Controllership
 Structuring of Pricing Models
 Define and control pricing and margin thresholds for the Managed Services business
 Review pricing before it is submitted to Group Exec for approval
 Working with the respective Directors of the Managed Services businesses to analyse and ensure optimum alignment, reflective of fact based information, of supply and demand of services at all times.
 Run monthly demand and supply management meetings for the Managed Services business, leveraging existing supply order information, operations, account manager & sales pipeline data to define demand and supply requirements
 Ensure that all contracts are actively managed consistent with commercial terms and conditions such as payment, bill delivery inputs, provision and tracking /upkeep of contract securities
 Review contract performance and define Performance Improvement Plans to achieve contract profitability targets.
 Review of Opex and Capex requirement and analysing committed and uncommitted Capex status on a monthly basis.
 Support business unit directors with project analysis (NPV IRR, PI).

Financial Accounting
 Ensuring budget and monthly rolling forecast is submitted on time.
 Ensure monthly closing of accounts on timely basis (5th Working day).
 Provide commentary on month performance and comparison against prior month, budget and forecast.

Continuous Improvement
 Identified process gaps and implemented transaction level accounting reporting for greater transparency.
 Developed new structure for Service line reporting
 Developed Balance Score Card for Managed Services.

VAT Implementation
 Updated with latest VAT law in UAE
 Involved with UAE VAT law implementation.
 Conducted VAT Clinic for internal customers.

Key Result Areas:
Shouldering the responsibility to ensure integrity of financial records and reports
Managing the spectrum of deployment and maintenance of strong controls and compliance
Looking after facilitating efficient transaction processing
Being a partner to the business, liable to provide information and analytical support
Being accessible and available as a sounding board, responsible for raising constructive challenge
Close involvement in forecasting, budgeting and strategic planning
Shown continuous improvement within and outside the finance function by influencing behaviours.

Key Deliverables:
Financial and Management Reporting
Treasury and Foreign Exchange management
Business planning and Financial Strategies
Contract negotiations.
Review Financial controls and suggest improvement

Achievements (2012-13):
Saved cUS$120k through vendor negotiations on Capex.
Saved cUS$60k on renewal of insurance policy.
Cleared Bank guarantee locked with customs for more than 3 years reversed bank interest of US$20k.
Led pcat (process capability assessment tools project and improved scoring from 5 to 3) and SDM (Strategy deployment Matrix) for Aggreko India business.
Improved internal audit score from grade C to grade A.

 Managed fixed assets reporting, processes and controls.
 Reviewed Capex Model and report variances.
 Reviewed IRR for Capital Expenditures
 Managed inventory controls reporting and processes
 Worked closely with Operations contributing to optimization of stock levels.
 Managed reporting, controls and processes for JA-SRC, Hubs (currently Heinenoord, Singapore, Panama) and EEL workshops.

 Done Financial and Management accounting for Special Projects.
 Liaised with Project Managers to obtain information which can be used to produce accurate Project Accounts
 Accountable for set up the budgets for the relevant projects.
 Managed overall ownership of AIP inventory numbers reported in management accounts including all AIP project locations, hubs and all workshops.
 Responsible for quarterly stock and cable counts analysis and discussions with Finance Manager for relevant adjustments
 Managed reporting, controls and processes for JA-SRC, Hubs (currently Heinnoord, Singapore, Panama) and EEL workshop.

 Looked after SRC accounting & reporting
 Done finalization of Service and Resource PL and BS
 Handled processing of payroll for SRC employee
 Managed processing of Intercompany invoicing for stores & SRC
 Done analysis of GRNI and provision for landed cost
 Taken Process improvement initiative: - Automated job costing system by implementing WIP Application and reduced dependencies on excel spreadsheet.

 Managed the spectrum of Financial and Management Accounting - ME (Qatar and Kuwait)
 Handled Intercompany management
 Looked after Accounts Payable management

 Done Financial and Management Accounting
 Liable for treasury function - Setting up of LC/TR

Independently managed audit for private and public limited companies.