Sujith Menon Kurumath, Senior Manager Consulting

Sujith Menon Kurumath

Senior Manager Consulting

Keystone Tax Consulting LLC

Location
United Arab Emirates - Dubai
Education
Bachelor's degree, Commerce And Finance
Experience
18 years, 4 Months

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Work Experience

Total years of experience :18 years, 4 Months

Senior Manager Consulting at Keystone Tax Consulting LLC
  • United Arab Emirates - Dubai
  • My current job since October 2023

 Corporate Taxation Advisor: Provided expert advice on Corporate Taxation to clients across diverse industries, ensuring
compliance & optimal financial outcomes.
 VAT Advisor: Offered valuable guidance on VAT matters, contributing to clients' understanding and adherence to VAT regulations
and requirements.
 CFO Services Specialist: Delivered CFO services to corporate entities, focusing on enhancing key performance results and overall
financial health.
 Internal Audit Specialist: Led internal audit assignments for groups, identifying control weaknesses & recommending process
improvements to enhance operational efficiency.
 Financial Consultant: Conducted annual audits, providing insightful advice to clients on their financial positions & results, contributing
to informed decision-making.
 Special Assignments Expert: Undertook special assignments based on client requests, showcasing adaptability & a solution-oriented
approach to diverse challenges

Chief Financial Officer at Pure Gold Group
  • United Arab Emirates - Dubai
  • February 2022 to October 2023

Spearheading a business AED 200 million spanning across parent company, JVs, and subsidiaries
 Leading the Risk Management and Controllership sphere as Chief Financial Officer; key member of the Member of Audit, Risk
Management and Corporate Governance Committees of the Board
 Defining long term business goals & yearly budgets and driving achievement of the same through financial strategies &
processes
 Representing the company before the Board and Audit Committee for business review, strategy creation and investment
proposals
 Defining & driving efforts towards ROIC and Capacity Utilization for improving the valuation
 Managing Fund Raising/ Project Financing and raising equity for large projects/ expansion/ future growth of the company
 Establishing & managing relationships with banks & financial institutions for enabling working capital and project financing
 Devising and implementing several financial & corporate governance policies and procedures and ensuring strict adherence
 Driving technology intervention across the function and leading various projects on digitization/ automation of repetitive
processes
 Steering Business, Financial, and Tax Planning
 Providing directional leadership to the entire Finance Function along with the Secretarial, IT & Legal (supporting litigation)
verticals
 Leveraging Financial & Business Analytics in assessing & reporting the Financial Performance with emphasis on profitability,
cost control, investment and cash management
 Administering various activities like reviewing all financial transactions, reporting, and policies for the entity including general
ledger account transactions & reconciliations, monthly variance reports, monthly financial statements, and so on
 Reviewing monthly treasury MIS and incorporating monthly cash flows in the same
 Negotiating for the best rates with maximum coverage and benefits for Insurance Renewals for JB Policy and medical insurance
of the group
 Managing external audits of all the entities within the group
 Performing the internal audit team to ensure that the internal audit scope and review are covering the entire store operations
 Conducting feasibility studies and performance review of stores
 Administering Microsoft Dynamics ERP Implementation steering committee and finance function lead
 Taking care of Product Pricing and Discount Strategy
 Ensuring timely filing of VAT and Tax returns, coordinating with tax departments and external auditors for completing
assessments
 Assisting the organization in Tax Planning and structuring

Head Of Finance at Joyalukkas Exchange Group
  • United Arab Emirates - Dubai
  • November 2020 to December 2021

Assessed notifications and regulations issued by Central Banks of UAE, Oman, and Kuwait
 Evaluated the financial covenants and capital requirements as stipulated by regulatory bodies including Central Banks of 3
regions
 Followed up with banks & financial institutions for ensuring adequate fund availability for existing & future business ventured
of the organization
Jan 2008 - Dec 2009 as
Management Accountant
Jan 2010 - Nov 2020 as
Head of Internal Audit &
Compliance
Nov 2020 - Dec 2021 as
Head of Finance
 Led & managed the entire process covering valuation, due diligence and execution of the deal for disposal
 Interacted with board members in analyzing and advising on the potential impact of long-term plans, implemented new
programs/ strategies, statutory regulations, capital adequacy and major strategic decisions on organizational bottom lines
 Evaluated team performance and render productivity enhancement feedback; Groomed/ mentored and trained team members
based on business or operational requirements

Head of Internal Audit at Joy Alukkas Group
  • United Arab Emirates - Dubai
  • January 2010 to November 2020

Middle East, Singapore, Malaysia, US, UK) as

Management Accountant at Joy Alukkas Group
  • United Arab Emirates - Dubai
  • January 2008 to December 2009

 Performance review of jewellery, exchange, and fashion retail divisions and presenting comprehensive reports to management
 Spearheaded the quality initiative projects of the group like ISO, DQA, Bareek

Management Accountant
  • January 2008 to December 2009
Audit Executive at MSI Alnoman & Ravi Chartered Accountants
  • United Arab Emirates
  • December 2005 to November 2007

Exposure: Worked for various industries including hospitality, trading, jewellery, manufacturing; Assisted in audit management;
prepared financial projections, financial analysis, ratio analysis on behalf of client

Education

Bachelor's degree, Commerce And Finance
  • at University Of Calicut
  • September 2020

Bachelor of Commerce from University of Calicut

Master's degree, Accounting
  • at The Institute of Chartered Accountants of India
  • March 2007

A qualified Chartered Accountant from The Institute of Chartered Accountants of India (ICAI).

Specialties & Skills

Budget Forecast
Compliance
Internal Audit
Trade Finance
CAPITAL ADEQUACY
DUE DILIGENCE
MICROSOFT EXCHANGE
MICROSOFT MONEY
ORGANIZATIONAL SKILLS
PRICING
PROCESS ENGINEERING
QUALITY
STRATEGIC

Languages

English
Expert
Hindi
Expert

Training and Certifications

Strategic CFO (Certificate)
Date Attended:
May 2021
Certification on IFRS (International Financial Reporting Standards ) (Certificate)
Date Attended:
October 2015

Hobbies

  • Listening To Music