Managing Partner
THOMAS CHAKKU & ASSOCIATES
Total years of experience :28 years, 3 Months
Provided statutory, internal and tax audits, GST, Income Tax and tax planning services, business start-up services,
management consultancy and book-keeping & accounting services to various individuals and business firms .
Worked also as 'Dean' in Vidyabharathi Group of Institutions.
Direct operations of organisation’s Finance Department encompassing coordination of 12 administrative specialists. Liaise
with Production Control to ensure overall accuracy of BOMs and perform audits to enforce implementation of up-to-date
manufacturing practices. Provide expert forecasting, analysis and reporting of labour, material, and overhead costs against
budget standards.
Manage HR and administrative issues, investment plans, project financing, budget planning, and enforcement of regulatory
compliance. Oversee logistics and import financial performance. Produce cash flow, sales, and profits forecasts. Ensure
proper maintenance of accounting records in alignment with International Financial Reporting Standards. Prepare and
deliver cash flow reports to management.
Select Contributions:
* Enhanced cost efficiency of operations, sales, engineering, and finance platforms through strategic
implementation and overall management of internal controls.
* Played an instrumental role in attainment of ISO9001:2008 Certification through preparation of comprehensive
manual comprised of functional procedures and ISO regulations.
* Headed selection and rollout of new ERP system company-wide
Coordinated and supported financial operations encompassing cost control / efficiency, accounting, treasury, budgeting, and audit functions. Represented institute in meetings / communications with Government Ministries with a focus on driving attainment of corporate objectives. Handled promotion and organisation of various accounting courses, enforcing compliance with top quality standards.
Select Contributions:
• Orchestrated establishment of financial policies and transactional standards with a strong focus on ensuring alignment with organisation’s mission and strategic plans.
• Contributed to significant process improvements by working collaboratively with IT Department in the introduction of ERP Student System.
• Positively impacted student performance through career counselling and lectures.
and Administration
Drove efforts of Finance and Administration Department encompassing team of nine staff members charged with routine
administration and HR operations. Managed annual / monthly budgeting and presentation as well as reporting functions.
Monitored logistics / import operations. Led regular collection and divisional meetings. Produced monthly forecasts in the
areas of cash flow, sales, and profitability.
Handled proper maintenance of accounting records in compliance with International Financial Reporting Standards as well
as monthly / annual book closings, account reconciliation, and entry adjustments. Evaluated and selected credit facilities,
negotiated long-term financing, presented cash flow reports, and ensured attainment of collection targets. Provided internal
control and audits. Coordinated HR and payroll operations.
Select Contributions:
* Supported corporate expansion through appraisal of financial viability of investment as well as orchestration of
project financing process.
* Enforced compliance with statutory requirements and overall financial management regulations
Oversaw operations of Accounting Department and monitored internal control systems. Conducted annual / monthly
budgeting, cash flow reporting, and overall maintenance of accounting records. Administered closing of books, account
reconciliations, and closing entry adjustments. Worked with statutory auditors assigned to books of accounts. Observed
logistics / import functions. Provided overall control of stock and credit operations as well as supplier negotiations and
purchasing contracts. Reported cost analysis. Liaised with banks.
Select Contributions:
* Enhanced organisation’s financial position through strategic allocation and control of finances.
* Generated major improvement in internal control systems with the creation and rollout of accounting procedures.
* Participated in development of new accounting and HR software implemented company-wide.
* Delivered savings through successful reduction of inventory by 50%
- Department Accounting Studies
Provided teaching, counselling, and lecturing on a wide range of accounting / financial topics
Performed budgeting, cash flow statements preparation, marketing reviews, accounts management, payroll control,
reporting, and preparation of supplier / customer correspondence
Member of ACCA
Certified Management Accountant (CMA)
FCA - Fellow Chartered Accountant
Bachelor of Commerce