Sudhir Kumar Dua

Key Role & Accomplishments:
• Efficiently Managed Loan syndication of AED 1.3 Bn for Hotel and off-plan Apt with lenders,
• Effectively managed cash flow for the company to complete the project,
• Efficiently association with financial institutions to expand sales opportunities for the company,
• Conquered exceptional various approvals from RERA and Management of Escrow Account for off-plan development, Ensured timely disbursement from Trust Account.
• Accountable for leading the finance, HR and admin team and adhering to the company’s policies and procedures, Risk Management and financial operations,
• Conduct reviews and evaluations for cost-reduction opportunities, and communicate strategy and policy decisions to senior management
• Liaise with statutory, internal & authority auditors to ensure appropriate monitoring of the company’s policy and procedures are maintained.
• VAT Implementation and management
• Liaising with banks on syndication loan facilities for project financing.
• Tracking Financial Covenants and reporting Periodic updates and information on projects to banks.
• Conducting the engagement process of project valuers and facilitating information for project valuation.
• Providing with financial aspects of contract negotiations
• Coordinating with a Legal counsel for miscellaneous legal services required for company structure and registration etc.

Key Role & Accomplishments:
• Raised AED 230 million from financial institutes for 2 projects.
• independently developed the entire finance process from inception and successfully streamlined entire Finance and accounts Operations.
• Directed Finance & Admin team and implemented ERP in the company.
• Human Resource Cost Restructure Planning.
• Achieved savings of AED 4 M by efficient commercial negotiation with business partners
• Monitoring document flow process and incorporating periodic reporting tools to control and analyse risk and wastage
• Accountable for the implementation & monitoring of corporate policies & procedures.
• Plan, direct and control the financial policies including preparation and submission of MIS on a periodic basis
• Responsible for analysing Cash flow, fund management, Department budget, variance reporting
• Controlling and scrutinising Trade accounts receivable periodically and taking necessary decisions on collections.
• Coordination with vendors on various business proposals and commercial negotiations.
• Coordination with banks for disbursement of funds from the project Escrow account and fulfilment of RERA compliance.
• Coordinating with banks & financial institutes for Project Finance.
• Conducting an initial review of Investment Proposals.

 Improved territory’s overall performance
 Responsible for periodic Management reports with analysis of Key Indicators: e; sales, orders placed, stock in a month, Mark-up analysis, GP ratio, stock ageing etc.
 Report variance analysis to territory managers for their outlet performance.
 Associated with the team for consolidation & review of sales, cost budget and forecasting.

Successfully and timely tax deposits, consolidation and submission of Tax reports to various government authorities.

 Successfully managed and controlled Accounts payable
 Accomplished scrutiny of Capital Expenditure for all branches, controlling and periodic review of assets
 Played a key role in the core team in the implementation of the Sun system and data migration.

 Independent Charge of the Finance & Accounts Department.

 Functioned as the first point of contact for the company’s processing branch for accounts, banking, consolidation, budgeting, inventory controls and assisting auditors for statutory audit of financials and management reporting

 Successfully conducted various internal audits, bank audits, and statutory audits under senior supervision.