Sudhakar Sharma

• Key and active member of the newly build business in terms of implementation of various ERP Oracle, HR and Personnel Payroll System.
• Responsible for creating, validating and implementing various SOPs, Policies and process.
• Establishing internal control policies.
• Heading ERP / Oracle implementation.
• Heading Financial and Business Planning for newly implemented business.
• Communicating business progress to regional office and HQ.
• Role requires overseeing team of 14 financial, business controlling team to achieve business targets.
• Working closely with cross functional workstream leads in order to drive smooth business activities.

Accomplishments -
• Headed, driven and successfully achieved cost saving project “EBIT Booster 2019” for Eur 4 million savings.
• Driving Eur 6.5 million project - “Mission Possible 2020” to secure budgeted bottom-line.
• Successfully secured “Well Controlled” rating in internal audit conducted 2019.
• OtC compliance process certification / Center of Excellence (CoE) certifications.
• Successfully renewed Leased Fleet contract of 800 vehicles with 10% cost savings by change of fuel transmission and vendor negotiations.

 Controlling - Financial, Commercial and Operational controlling. Prepare, Submit annual budget and Forecast. Monitor and discuss monthly Functional Reports with Sr. Management with cost drill down to monitor controllable /discretionary costs. Cross functional support to achieve KPIs. Prepare, review and provide customer profile / KIP’s to Commercial Head to achieve most profitable business to achieve quality revenue. Helping Ops Head in achieving cost reductions with an activity analysis without impacting service quality and value engineering in the process.

 Monthly Management reporting - Revenue Report by product and business, Profitability Report (Functional, Cost Line, Product Level),

 Controlling missed revenues and building profitability - sharing / discussing VAS with CFO and VP Sales for lost revenue for sustainability.

 Prepare, submit and controlling BCA (Business Case) to Local / Area / Global for necessary approvals. These BCAs are majorly for Capex Proposal, Lease Fleet & Facilities, Opening of new Retail Counters. Timely securing BCA approval helping in managing our Key Logistic KPI - Transit Time at +95%.

 Managing Retail Business. Reviewing profitability of around 100 retail counters across kingdom with their KPI, identifying non-earning counters with route cause, discussing actions and targets for self-sustainable business.

 Compliance and Internal Control. Review internal control process (Crisp) for entity, advise stakeholders for improvement and bridge the gap. Managing Group Internal Audit.

 Monitor monthly Cash Flow and arrange working capital loan. Improve Monitor and advise working capital.

 Managing and driving finance projects to meet road maps. Accomplished few critical projects such as VAT implementation, Arabic Duty / e-invoicing Invoice - to meet VAT compliant invoice, Managed company name change task, Group Internal Audit. Cost Saving Initiatives and EBIT booster projects.

 Assisting CFO and Country SMT. Cross functional engagement, employee engagement (EOS), team building, training and development. Managing team of 10 staff.

 A trusted Member of Country Key Management team for existing business, new business development projects. Supporting business in achieving SCM OTD KPI at +97%. Reporting Finance Director and managing 3 functional teams.

 Presenting monthly results by BU against Budget / LE and PY to MD, JV Partner and respective Business Directors.

 Coordinating / meeting customers for Warehousing and Supply Chain Solution under long term 2PL and 3PL SCM contracts. Providing value addition ideas for smooth business running. Part of two key projects for 3rd party supply chain operations to strive business success.

 Meeting / managing customer queries. Helping operations meet customer requirements and smooth business.

 Prepare & assess Project Business Case (BCA) with DHL evaluation Key. Supporting Solution Design to manage cost efficiency. These Models are performed on DHL key approval guidelines with indicators such as IRR, NPV, PBP, ROCE.

 Review Monthly Financials. Running dashboard for segmental business review with financial and business KPI (i.e. Free Cash Flow, EBIT, OWC, Bad Debts and Claims etc). Appraise site-wise and customer-wise profitability for Executives and Directors for commercial decisions and deep financial drill down.

 Responsible for monthly Flash Report by WD2 with key high level results and major business items (“+ / -“ both) for the month. Prepare Rolling Forecast (EBIT & Cash Flow) for ROY by bringing in potential financial items.

 VAT Implementation for entity with development of VAT Invoice, Identifying taxable services, team training & development to perform VAT accounting.

 Responsible for timely submission of budget by sector, by divisional and in consolidated form along-with ROY - LE2.

 People development, training and Team Building. Responsible for engaging finance team to achieve functional and business goal. Working in diversified culture with European Senior Management with mixed Asian Expats.

Part of Akzo Noble, the largest paint and coatings manufacturer. Unit turnover USD 100 million PA with four business segments catering Middle-East Demand thru its Supply Chain Units at Dubai & Kuwait and own marketing divisions.

 Managing functional activities - Transactional Accounting, Accounts Payable, Accounts Receivable, Capex Accountings, Credit Control, Cost Allocation, Forex and other financial controls.

 Review monthly and annual accounts. Organize MIS and Management Accounts for Headquarter. Prepare monthly summary with key variance.

 Operation Controlling- Capex Monitoring, Business / Commercial Process Improvement, Departmental Cost Controlling and performance measurement with comparison to budget / RFC. Review Capex Proposal- adhere management approval, monitoring spending against approved and plan.

 Supporting Annual Budget and forecasts with quantitative and non-quantitative values for all business lines.

 Working across functions to enable joined up decision making based upon techno-commercial approach.

 Workings Capital Management - Credit Control and Receivable and Payable Monitoring, preparing cash flow/forecast, Inventory Management (including provisioning of Slow and Non Moving Items - SLOBs).

 Responsible for completion of Statutory (KPMG), Tax / Zakat / Withholding (PWC) and internal Audit within stipulated timeframe.

 Manage Quarterly Cost Standards for Raw Material and TPLs for Supply Units. Help business lines in Margin Management. Customer profitability evaluation. Review Cost Index showing Quarterly Cost Movement.

 Completed HFM conversion from Hyperion in accordance with HQ guidelines.

 Lead the finance team in Half Yearly Stock Count (Average Inventory Level ~ SAR 75 Million).

 Review departmental payroll.

 Team Building - Overseeing and heading team of 4 accounting staff to ensure their accounting duties meet organizational objectives. Mixed Functional and Cross Functional Team with European and Asian Expats with local team.

An Aditya Birla Group Company. The largest Company in non-captive private sector in exploitation of Iron Ore. It is also one of the largest producers of Noble Ferro Alloys like Molybdenum, Vanadium, Tungsten & Titanium.

 Fund Planning and Treasury Operation.

 Involved in fund raising through ECB, issuance of debenture, and preparation of monthly / quarterly / yearly compliance reports in relation to ECB covenants.

 Managing Foreign Exchange Operations - hedging of foreign change risk, foreign currency loans etc.

 Handling Banking Operations including trade finance, loan financing. Actively member to set up banking consortium. Taking credit rating form approved agencies.

 Working as middle point between CEO and Fatty-Alcohol Unit situated in Philippines. Coordination with unit on regular basis. Evaluation and monitoring of daily performance. Assist in relation Capex plans, Capacity Improvement, evaluation of business proposals, preparation of budget and targets, investor relationship etc. Completed 3 months assignment in Philippines (Sept - Nov 2009) for system development / control for Stores, Purchases Deptt., Structuring of MIS and CMIS etc. Developed Conversion Accounting (based on balanced score card).






 Involved in successful business liquidation at Singapore. Involved in divestment project at Malaysia. Manage stakeholders’ funds.

 Profitability evaluation of mining business and variances analysis. Review monthly performance / business report for Chairman. Coordination with unit on regular basis to understand business activity.

 Ensure Direct Tax, FBT, Wealth Tax, Indirect Tax compliances. Review DTAA in relation to international transactions and establishing tax implications etc.

Sajjan Profile: 100% EOU having plant in Ankleshwar, (Gujarat), engaged in production of chemicals. It is covered among Business Standard's Top 500 Unlisted Companies of India.

Manager - Treasury and Portfolio

Key Responsibilities:
 Treasury and portfolio operation analysis of Mutual Funds and other financial instruments. Discussion with fund houses and experts for financial planning.

 Preparation and review of monthly MIS on ROI, Financial Budgeting and alike.

 Miscellaneous: - IPO analysis, computation of capital gain for Income Tax Act, handling Investment accounting.