Vasudev Nair

The group comprises of the holding company in Singapore, two factories and management entities in Vietnam for manufacturing, and another 3 entities in New Zealand which are project based.

Achievement till date - Led and completed a full process of technical, financial, and legal due diligence for Goldman Sachs Australia to acquire the 60% shareholding of TLC Modular group from SHS Holdings Ltd. Contribute effectively to restructure the group under the Singapore structure to meet OIO necessary regulations in NZ market. Assist in acquisition of new factory in Vietnam to increase manufacturing capacity and ramp up.
The restructure and divestment will result in securing new lines of credit around USD 20m and another line of NZD 39m as junior debt for our development project in Auckland. Senior debt negotiations with a leading NZ bank are getting close to completion. CPs under completion currently across all regions of Singapore, NZ, and Vietnam.
• Provide leadership, direction and strategic inputs to the CEO and Shareholders.
• Establishing and developing relations with senior management and external partners and stake holders.
• Run the EMT meetings and actions to improve the bottom line and business growth.
• Manage the financial analysis, information to investors, forecasting, budgets, long term financial planning, reporting and documentation requirements.
• Co-ordinate with the legal team across geographies to safeguard business interests and decision making.
• Process automation for AP and inventory activities. Digitization of factory operations to save costs and value generation.
• Lead the relationship with the company’s auditors, bankers, insurers and other external partners.
• Review, implement, modify, and own the financial, HR and IT related procedures.
• Define, implement, and maintain scalable, robust, and efficient financial control and reporting processes.
• Lead commercial discussions on arrangement and monitoring of financing facilities and develop relationships with current and future providers of funding.
• Lead in all aspects of fundraising and M&A. Own the process and creatively apply solutions for working capital, debt and equity structuring for Joint Ventures.
• Transfer pricing arrangements, WHT, VAT & GST in respective regions.

Ahmed Mansoor Al A’ali Group of Companies (AMA Group) is one of the largest contracting and construction group in the Kingdom of Bahrain diversified in to manufacturing, construction, trading and retail lines of business.
Manager Finance, Procurement & Facilities (PPP project with Ministry of Transportation, Bahrain)
October 2014 - August 2018
• Leading a team of 4 accountants and 6 cashiers in managing day to day finance & accounts related transactions for a JV between AMA Group and National Express of UK to provide public transport services to the Kingdom of Bahrain having a fleet of 141 buses ranging from 8 meters to 12.8 meters. Also discharging additional responsibilities for managing procurement and facility management of properties.
• Negotiate with banks for obtaining project CAPEX and W. Capital financing aimed at maintaining steady cash flow for existing as well as future business ventures of the organization.
• Define & implement financial policies and procedures, authority matrix; manage asset financing & allocations based on board approved model.
• Conduct budget & financial analysis and assist department managers in effectively implementing budgets for maintaining departmental profitability.
• Participate in vendor negotiations for ensuring cost effectiveness in various procurement activities aimed at maintaining organizational bottom lines.
• Collaborate with the senior management team and external auditors aimed at seamlessly managing the annual Statutory, Internal and Ministry audits process.
• Evaluate & present financial reports including monthly and annual financial statements based on IFRIC 12 and IAS to the senior management team to enable effective decision making.
• Prepare contract billing and collection schedule, maintain updated financial data and cash flow aligned to operational and financial requirements.
• Function as Secretary to the Board of Directors involved in collaborating with other departments, external partners including third-party vendors and consultants for maintaining seamless operations.
• Led the VAT preliminary discussions for policy making with MTT and other authorities to explain the nature of PPP projects and the impact of VAT on the public transportation sector.

Achievements
• Accomplished future savings on interest costs by utilizing Hedge instruments to plan CAPEX outflows.
• Efficient working capital management to reduce interest costs.
• Achieved 7% procurement savings in 2015 and 6% in 2016 by implementing efficient procurement system and EOQs.
Financial Controller - Building Materials Sector
Feb 2013 - October 2014
• Led a team of 7 Accountants, 2 HR executives for an organization dealing in building materials sector - 6 manufacturing divisions block, sand washing, crusher, ice & water, reinforcement & scaffolding.
• Evaluate and implement changes, financial management mechanisms to minimize financial risk.
• Evaluated and implemented cost reduction opportunities; managed company's financial accounting, monitoring and reporting systems.
• Prepared & implemented business continuity plans for expansions in GCC. Negotiated better purchasing terms for bulk volumes of raw materials like steel, aggregates, cement etc. within GCC and outside.
• Interacted with auditors in conducting various statutory audits and other related issues as well as with solicitors, bankers and statutory organizations based on business and operational requirements.
• Generated financial reports and maintained organizational budgets. Maintained updated knowledge on changes in financial regulations and legislation.

Achievements

• Played key role in standardizing roles & responsibilities in finance team. Downsized the team by more than 50% with reallocation to other functions like sales, delivery, inventory management and production.
• Significantly enhanced operational efficiency & profitability by centralizing procurement, HR and IT services for all 6 divisions.

The IBS Group (IBS) is a leading global provider of new-generation IT solutions to the Travel,
Transportation & Logistics (TTL) industry. IBS offers a range of products and services that manage
mission-critical operations of major airlines, airports, oil and gas companies, cruise lines and tour
operators world-wide.
• Managed FP&A for the Region / Line of Business for a $100 Million turnover company providing IT
services and product sales to leading airlines and catering to business involved in travel, cruise,
logistics and transportation sector.
• Collaborated with the senior management in preparing annual budgets, sales plans for optimizing
cash flow.
• Finalized cost & prices for Multimillion Dollar SaaS and Licensed projects with customizations and
multiple product compositions
• Defined & implemented strategies for cost planning & control. Evaluated project progress and
mitigated risks.
• Conducted quantitative and qualitative analysis of long term projects and reforecast of completion
costs.
• Focused on setting up internal controls in compliance to organizational policies & procedures as well
as other statutory regulations.
• Organized training sessions for the operational team (including management) for enhancing financial
competency in individual business approach.
• Prepared & presented various status reports for the senior management and other stakeholders to
enable effective decision making.
Achievements
• Played key role in negotiating and pricing for deals with TUI Group, MSC Bee, BA and China Eastern.
• Significantly enhanced operational efficiency by restructuring contract terms, implementing CPI based billing.

LIKPIN LLC is registered in Dubai engaged in offshore pipelay, marine construction, services, vessel and
project management for the offshore oil and gas industry.
• Spearheaded finance & branch operations for Vietnam, Indonesia & Singapore for a $100 Million
turnover project driven company into offshore and onshore oil and gas pipelines, platform services
and other marine project based in Dubai working on projects in SE Asian countries like Vietnam,
Indonesia.
• Assessed BOMs and negotiated contracts. Managed legal aspects related to formation, taxation,
compliance to local tax regulations such as WHT, VAT, Income tax etc.
• Set up short term / long term budgets. Designed business plans / strategies for maximizing
profitability based on changing market dynamics and other related factors.
• Drafted & maintained corporate level B/sheet & P/L as well as other financial documents at the J V
level to highlight organizational financial health to various stakeholders.
• Managed FOREX operations including forward contract. Negotiated facilities from Singapore for
project funding from SCB and private equity funding into short term projects with JV partners.
• Focused on registration and legal compliance of operating units registered in BVI and Isle of Mann.
Updated business status to the senior management using detailed reports & presentations for
implementing various policy changes.

Honeywell is a Fortune 100 company that invents and manufactures technologies to address tough challenges linked to global macrotrends such as safety, security, and energy.
• Functioned as Chief Accountant for HPS and HBS lines of businesses in the Middle East.
• Interacted with corporate, statutory audit teams to ensure compliance to SOX parameters. Maintained updated & reconciled general ledger.
• Collaborated with various support teams in implementing Oracle 11i for two new entities.
• Rendered support to business unit accounting departments’ supporting business controls department with various analytics & reports based on operational & financial requirements.

Senior Finance Executive handling Industrial, Automation and Corporate accounts. Power user for SAP implementation at group level.

Management accountant at Chairmans office.

Accountant for Marine projects department