Suresh Modem Vedagiri

 Manage a team of five finance and accounts executives reporting to the Finance Director and CFO.
 Participate in monthly meetings with internal stakeholders to provide updates on project progress.
 Oversee the preparation of budgets and the generation of monthly executive reports shared with
the Board of Directors and Chairman.
 Handle the end-to-end finalization of audit reports in collaboration with Ernst & Young auditors.
 Ensure the timely submission of VAT returns on a quarterly basis. Possessing in-depth knowledge of IFRS,
Corporate Tax regulations, as well as UAE finance laws and regulations.
 Maintain compliance with debt covenants and monitor bank facilities, including the submission of
standalone, ad-hoc in-house financial reports for risk review.
 Prepare detailed variance reports for each project, comparing actual performance against budget
and forecast.
 Manage and track operational and budget cash flows and analyze financial data to support business growth,
profitability, and ensure compliance with financial regulations and company policies.
 Collaborate with procurement and operations teams to assess and manage project-related costs,
ensuring adherence to both budget and timelines.
 Oversee cash flow management, investments, and financial risk mitigation strategies.
 Ensure the smooth operation of daily activities by addressing any operational challenges, including overdue
supplier payments.
 Monitor the overall operational performance of departments, focusing on revenues, direct labor, and
overhead costs.
 Track and report on project performance against established benchmarks, providing timely reports and
actionable insights to stakeholders.

➢Lead and manage entire accounts and finance function and maintain books of accounts.
(GL, AP, AR, Intercompany reconcile and other sub ledgers), Inventory, Fixed Assets (including
working on depreciation). Ensuring that month / year end close processes are carried out in ERP.
➢Handling banking transaction of company accounts of L/C’s - Receivable and Payable.
➢Dealing with the bankers for T/R and handling for bank facilities
➢Preparing VAT returns and timely submissions of VAT statements to FTA.
➢Prepare product wise of profitability reports and other financial analysis MIS reports.
➢Preparation of all financial reports, including Profit and Loss Statement, Balance Sheet and
Statement of Cash Flows and report to Finance Controller / Top Management.
➢Provide timely explanations of variances between actual results and forecasts/budgets.
Provide corrective action recommendations to management, where necessary.
➢Controlling Credit limit - Supplier’s payment.
➢Preparation of annual budgets and forecasting for current year.
➢Attending monthly meeting’s - Internal and External.
➢Work with auditors during reviews and audits to ensure full cooperation from accounting staff
And compliance with all qualified requests.

Responsibilities:

Constantly monitor and maintain books of accounts (GL, AP, AR, Intercompany reconcile and
other sub ledgers) accurately so as to reflect true and fair view of the performance reports

Review monthly/Annual closing activities in accordance with corporate policies and IFRS
and ensure timely submission of monthly management pack, Providing monthly Flash profit
forecast to finance manager and Establish accurate forecasts regarding Expenses, revenues
and Manages regular reporting requirements.

 Preparing monthly business review reports, KPI’s for management to discuss with operations
and to take action And analysis for brand cost KPIs preparing MIS reports to management.

Provide input on the company‘s budget and control expenses of the function(UAE, KSA &
KWT) ensuring it stays within its operating budget.

Provide support, service and advise on all financial matters to the company‘s management,
i.e. budgets preparation and presentation management accounting MIS and all other
financial and non-financial reports and statements. Establish key financial strategies to
enhance business profitability. And ensure financial team follows company policies and
regulations.

Prepare feasibility studies, business plans and financial models for new projects and capex
with analysis of capital, profitability and cash flow.

Preparing company strategic 5 year planning / Annual budget and preparing quarterly
forecast by updating actual and projecting for the rest of the year along with presentation.

Ensure timely preparation of the financial budget and forecast for the company in line with
ALFG requirements, review annual budgets and recommend any changes if needed.

Prepare to management on variances from the established budget and reasons for those
variances generate financial reports related to budget, Accounts payable, receivables &
expenses etc.

Assemble spreadsheets and draw charts and graphs used to illustrate technical reports.

Final Budget will upload in SAP/BPC system and Quarterly LE budget as well.

Responsibilities:

• Monitoring entire Accounts and Finance function
• Controlling Credit limit with GCC Customer.
• Co-ordinate with Sales team & attending monthly meeting accounts resolve issues
• Monitor the L/C transactions to successfully process payments by reviewing and approving drafts to avoid discrepancies.
• Establish and implement new accounts receivable systems and processes whilst maintaining controls and accuracy at all times.
• Monitors accounts receivable records, including claims and overdue invoices
• Investigates credit standing of new customers, arranges terms of payment, and follows up on collection of accounts.
• Responsible for accounts receivable activities involving tracing sources of error, correcting billing records, processing final billings, reconciling errors, accuracy of charges on customer's bills, investigating, granting, and controlling credit, and managing collection of accounts due.
• Ensure that data relating to the sale of and payment for such products is included in the finance system on an accurate, complete and timely basis.
• Ensure that the SAP system is updated with timely review of Credit Limits, terms and status.

Responsibilities:

• Monitoring entire Accounts and Finance function
• Controlling Credit limit with GCC Customer.
• Co-ordinate with Sales team & attending monthly meeting accounts resolve issues
• Monitor the L/C transactions to successfully process payments by reviewing and approving drafts to avoid discrepancies.
• Establish and implement new accounts receivable systems and processes whilst maintaining controls and accuracy at all times.
• Monitors accounts receivable records, including claims and overdue invoices
• Investigates credit standing of new customers, arranges terms of payment, and follows up on collection of accounts.
• Responsible for accounts receivable activities involving tracing sources of error, correcting billing records, processing final billings, reconciling errors, accuracy of charges on customer's bills, investigating, granting, and controlling credit, and managing collection of accounts due.
• Ensure that data relating to the sale of and payment for such products is included in the finance system on an accurate, complete and timely basis.
• Ensure that the SAP system is updated with timely review of Credit Limits, terms and status.

Responsibilities:

• Handle complete books of accounts independently up to finalization including books transaction, cash, payroll and other related jobs.
• Preparing Monthly MIS Report. On time and accurately.
• Inventory Controlling - All entry posting on time and accurately.
• Monitor all general ledgers accounts together with costing efforts and its supporting transaction documents.
• All journal batches accurately before posting to the system.
• All the Accounting Operation Procedures - ensuring all posting to the General Ledger completed on time and accurately.
• Responsible for detailed reconciliations of all GL accounts & monthly rating of B/S accounts.
• Take care of Accounts receivable follow up; prepare Customer - Vendor reconciliation statement & final accounts such as Profit & Loss Account and Balance - sheet.
• Handle payments (out going), attend payment enquiries, and handle supplier’s books of accounts. In charge of local purchases and payroll functions.