Taher Nagpurwala

(Ready Mix Concrete Manufacturing) (Nov22- Present) Assistant Manager- Financial Planning & Analysis Leading the financial planning, budgeting, and forecasting processes, ensuring accuracy, timeliness, and alignment with the companys strategic goals.
Developed and maintained sophisticated financial models to support decision making regarding resource allocation, capital investments and potential business expansions and contractions. Analyze current and past financial data and performance, identifying trends and providing recommendations for improvement. Liaise with department heads and managers to gather, analyze, and interpret financial information for use in decision making. Support the CFO and higher management with in-depth analysis and presentations for board meetings, investor relations and strategic planning sessions. Preparing feasibility studies for new investments and divestments based on discounted cash flows, ROI. Lead and mentored a team of financial analysts, fostering an environment of continuous improvement and professional development. Managed the implementation and optimization of financial planning and analysis software and tools. Enhancing system integration and reporting system on a timely basis to simplify the process. Responsible for preparing and filing VAT and ESR returns.

Presenting the monthly performance of the company to Group Finance & Group COO and on quarterly basis to Board of Directors. Reviewing collection forecast of the company on daily basis. Successfully developed project costing mechanism in the company. Preparing & presenting detailed annual budget to the senior management and the Board. Successfully developed a financial model to assist in budgeting & planning exercise of the company. Liaison with auditors and ensure signing of financial statement before the deadline. Efficiently managing the cash flow of the company by meeting the monthly commitments well before the due date. Evaluating capex requirement by detailed study of ROI, EBITDA, Payback period using DCF approach. Ensuring maintenance of books of accounts as per IFRS. Enhancing controls and streamlining processes, introducing automation where possible. Vat reconciliation; Vat compliance and filing vat returns. Monitoring the cost of each division and ensuring proper allocation of overheads between the divisions. Simultaneously working with group entity (German-gulf Enterprises) for VAT compliance on day-to-day transactions.

Prepared & presented the budget for IPL 2020 UAE Event. Successfully migrated from Tally ERP 9 to Oracle R12 version. Cash flow monitoring & projections. Preparing financial budget and forecast for the upcoming year. Vat reconciliation; Vat compliance and filing vat returns.

• Monitoring payments to be made to suppliers and reporting the same to General Manager.
• Monitoring maturity of PDC issued.
• Responsible for Preparing profit and Loss account, Balance Sheet and Cash flow Statement of the entity.
• Responsible for getting financial statements audited and submitting the same to DMCC.
• Reviewing all the transactions that are recorded in books.
• Reconciling Branch account with Head office account.
• Responsible for preparing Bank Reconciliation statement.
• Monitoring materials in Transit and reporting the same to General Manager on daily basis.
• Suggesting and implementing various internal controls in accounts department.
• Authenticating all the transactions that are recorded in FOCUS.