Finance and Administration Manager
Future Architectural Glass LLC
Total years of experience :25 years, 8 Months
-Manage the business as a profit centre in order to deliver the agreed business objectives.
-Provide inputs to the Management in the formulation of long term business plans/strategies for the business in order to provide world class experience to the clients.
-Facilitate the development of sales strategies that drive attendance and maximize revenues. Monitor its implementation with the Sales Managers. Ensure world class client service experience. Work with Sales Managers to ensure effective arrangements for representing the Company at trade exhibitions, sales promotions/events, etc. resulting in business growth.
-Manage business relationships with the clients for repeated business. Negotiate business deals with the clients. Communicate with the clients on frequent basis to ensure the client satisfaction.
-Explore new markets and deliver product and services for continued sustainable growth.
-Identify opportunities by studying client requirements; obtained by through market research.
-Generating new business through sales leads obtained from different channels of inquiries.
-Meet shortlisted potential clients to convert them to clients.
-Manage the process of preparation of sales proposal and quotations for submission to clients.
-Control and visit other GCC regions like Oman, Qatar, Kuwait, Saudi etc for sales and client’s credit control.
-Submit financial reports to the Management and comment on the financial health of the company.
-Keep the Management informed about the operational results, profitability and any major development impacting the business.
-Manage the books of accounts as per international accounting standards.
-Manage the complete audit process at time of financial year closing.
-Manage monthly and annual accounts closing activities.
-Conduct Internal Audits on quarterly basis. Ensure adequate internal controls are in place in the various systems in use.
-Ensure cash management, fund management, PDC management and overall finance management of the company remains sound.
-Ensure that the bank requirements are met (regarding working capital and loan requirements, documentation needed to support account review, etc.).
-Liaise with banks and other financial institutions for negotiating credit facilities, interest rates and other bank related tasks.
-Ensure proper management of various types of credit facilities (LC’s, Bill discounting, PDC Discounting, Trust receipts, Etc.).
-Manage Cost Management process.
-Be in charge of the payment collections for the company and ensure that the cash operating cycle is kept to a minimum.
-Manage Credit Control process by conducting credit control checks, coming up with credit limits and ensuring that a close watch is kept on clients who are crossing the set limit. Ensure recovery is initiated whenever needed.
-Prepare annual business plans /budgets, specify goals and targets for each department and direct/coordinate the efforts of the Managers and monitor their performance.
-Provide leadership to ensure efficient and effective management of each of the departments (Accounts, Logistics, Purchase, Order Management, Estimation, Dispatch, Sales, Legal, HR and Administration) to ensure optimum utilization of resources and increase productivity and minimize costs. Guide and assist managers in key operational issues covering planning, coordination, adherence to policies/targets etc. Train, mentor and manage the abovesaid teams responsible for the operations.
-Manage payroll and salary calculations process.
-Work with HR to ensure the business is staffed by competent personnel. Ensure adequate training and motivation of the staff.
-Responsible for all government relations, setting up all required security systems and procedures including arrangements with necessary civil and medical authorities, and for obtaining and maintaining all operating approvals for the opening and on-going operations of the business facility.
Recruited as an Associate, charted a phenomenal growth curve, to merit the current designation.
Designation Chronology:
- January 2011- Present: Manager.
- January 2008- December 2010- Associate Manager.
- January 2007- December 2007- Senior Associate.
- November 2005- December 2006- Associate.
Reporting to: Associate Director
Direct reports: An Associate Manager and manage other teams indirectly in Financial Statements production and Audit processes.
Job Profile:
-Managed business relationships with the clients and audit firms.
-Negotiated business deals with the clients for FS services.
-Communicated internally with US and UK offices and also with the clients on day to day basis to manage the processes and operations.
-Managed and controlled Financial Statements (FS) production and review process of US and UK hedge funds reporting under USGAAP and IFRS respectively.
-Managed Audit process of the above clients in which BIG4 Audit firms like EY, KPMG, PWC are involved.
-Downloaded trainings to the teams.
-Worked on the enhancements and advancements in the FS process like automation of the process, advancements in reporting in the applications like Geneva, Advent partner etc.
-Worked on set up of a module with the information related to audit firms in organization’s centralized information database.
-Developed MISs for management level.
-Developed internal departmental process.
Highlights:
- Have been always able to qualitatively meet client’s FS timelines with different regulatory authorities like CFTC, CIMA, ISE etc.
- Have twice (first in the year 2007 and second in the year 2008, both for approx 3 months) visited current company's New York office to work on the year end FS and Audit processes and successfully completed the processes and received client appreciations.
Was reporting to the Partner and lead the audit teams.
Accounting in Tally, auditing, due diligences, and assignments related to Accounting Standards & the Companies Act, 1956.
Statutory audits finalized include The Resort (Hotel) of K. Raheja Corp Pvt. Ltd. (Malad, Mumbai).
Internal audits finalized include Mazagon Dock Ltd. (Mazagon, Mumbai).
Tax audits finalized include Supreme Petrochem Ltd. (Andheri, Mumbai).
Due diligences conducted relating to Pantaloons.
Was reporting to the Partner.
Accounting in Tally, auditing, income tax work and assignments related to Accounting Standards & the Companies Act, 1956.
Statutory audits finalized include:
Lady Ratan Tata (Churchgate, Mumbai).
Deeco Ind Pvt. Ltd. (Fort, Mumbai).
Exampler Eng Pvt. Ltd. (Fort, Mumbai).
National Wiring Pvt. Ltd. (Nariman Point, Mumbai).
Alco Company (Fort, Mumbai).
Rainbow Inks & Varnishes Ltd. (Santacruz, Mumbai).
Hyd-Air Pvt, Ltd. (Andheri, Mumbai).
K Y Fatehi Const Pvt. Ltd. (Charni Road, Mumbai).
Ultra Marine Pigments Ltd. (Chennai).
Thirumalai Chemicals Ltd. (Chennai).
Internal audits finalized include:
Indian Cancer Society (Parel, Mumbai).
YUVA (Parel, Mumbai).
Income Tax work handled include:
Computation of income tax liability, advance tax and other income tax duties.
Computation of TDS liability for the clients.
Preparation of Income Tax Returns.
Preparation of TDS Returns.
Preparation of Appeal Papers.
Passed the Intermediate Chartered Accountant Course in the year 2002 from the Institute of Chartered Accountants of India.
Completed Diploma in Computer Management and Programming from Indo German Computer Education Institute.
- Passed B.Com from Mumbai University in the year 2000 securing 61.57 %. College attended- H.R. College of Commerce & Economics, Churchgate. Subjects selected- Accounts, Audit, Finance, Costing, Taxation, Economics. - Passed H.S.C from Maharashtra State Board in the year 1997 securing 63.50%. - Passed S.S.C from Maharashtra State Board in the year 1995 securing 79.71% with highest marks of 143 out of 150 in Mathematics the School.