Sr Manager - Finance
Consolidated Gulf Company WLL
Total years of experience :21 years, 8 Months
Directing full spectrum of financial, accounting, taxation and corporate governance function of the group
Supervising, controlling, organizing and coordinating Finance Department in all dimensions (Financial Accounting, Inventory, Costing, Payroll, Payables, Receivables, Treasury and Statutory Reporting)
Delivering timely and accurate financial reporting to senior management & discipline heads; turning financial data into improved management analysis
Providing leadership to Finance Team and developed efficient Finance Team
Managing financial management including cost and budgetary control, institutional/multilateral finance, working capital management
Revenue & Margin management of the Large and Mid-size Projects
Ascertained the accounting treatment & revenue recognition framework of the projects and controlled margin of the projects
Managing and finalizing the rolling forecast and next financial year Sales and Operational budgets with respect to Orders, Sales and market viability
Acted as First Line Approver on cost sheet request with respect to anticipated orders
Assess the proposed contractual framework and drafted the required amendments to ensure company's financial viability and minimize the risk exposure
Worked cross functionally to ascertain, agree and ensure alignment in action plan to achieve quarterly and annual targets
Playing a key role in: o Aligning the finance, business divisions, business management and central project management office over project financials influencing revenue forecast, Work In Progress, provisions and so on o Conducting Ad-hoc analysis, Reconciliation, Calculation of DSO, Daily flash and various analytical reports GAP analysis with respect to optimization of finance and project financial control reports, investigation, spreadsheet modelling, reporting requests and mentoring staff o Administering the entire functions of all processes to accounting & reporting standards as applicable and ensuring necessary changes are brought in place as and when required ensures timely completion of statutory audits
Rendering functional guidance to ensure standardization of finance & accounts practices across the organization
Cementing healthy relationships with Financial Institutes, bankers, insurance companies, vendors, external auditors and contractors
Acting as Head of Payroll Dept.: access, monitor and controlling of overall payroll & Resource Cost and recommend the respective steps towards optimization
Acting as Head the Admin Dept.; drafting & implementing the respective policies and standards for smooth operations within the organization and as per the respective laws of country
Preparing all the financials of the legal entity within the framework of company’s policies and procedures
Solely responsible for G4S Subsidiary Company “Central Alarm Monitoring Systems Pvt Ltd., Handling End to end activities related to Accounts & finance for the company.
Played a key role in posting the JV’s, raising Invoices, recognizing revenues, managing corporate cash flow etc.
Instrumental in Preparing of financial and Business Budget forecast, periodic comparison between budgeted and actual data.
Handling taxation prevailing in organization as per Income tax Act. Monitoring of Service tax, Sales Tax liability, Co-ordinate with tax consultants for filing the returns and getting yearly assessment done.
Direct interaction with statutory auditors and prepare subsequent data as well as provisions for finalization of accounts and getting financial audit done.
Preparing of Monthly MIS Reports as Monthly P & L A/c, and Balance sheet, Cash Flow Statement, Debtors and Creditors Reconciliation, Calculation of DSO, Daily flash and various analytical reports assigned by the seniors.
Approving salaries for employees, Provision for Monthly Gratuity and other EOSB.
Liaised with divisional heads for efficient performance on responsibilities and resolved the prevailing issues regarding process analysis & implementation, project margins, WIP management and arising variances.
- Handling End to end activities related to Accounts & finance for the company.
-Posting the JV’s, raising Invoices, recognizing revenues, managing corporate cash flow etc.
-Preparing of financial and Business Budget forecast, periodic comparison between budgeted and actual data.
-Handling taxation prevailing in organization as per Income tax Act. Monitoring of Service tax, Sales Tax liability, Co-ordinate with tax consultants for filing the returns and getting yearly assessment done.
could get a chance to enroll myself in one of the best certification course in Finance Acumen (Corporate Finance) from COLUMBIA BUSINESS SCHOOL - UNITED STATES (US), and got exposure into the Net Present Value, Future Value compounding, Time value of money, IRR, Corporate Valuation Model, Equity and firm valuation Model
Successfully completed MBA in Financial Management & Accounting from Annamalai University - India, an Accredited university . got exposure to know about Principal of Management, International Financials, Business Mathematics, Investment and Security Portfolio, Strategic Management, E-Business etc.
Got enrolled and successfully completed Post Graduate Diploma in Financial Management with all significant elements of corporate and conventional Finance models.
Successfully completed Masters in commerce from Jiwaji University - India and got exposure into all significant elements of Corporate and conventional Finance,Accounting Procedures, Closing of Financial reports, Banking, International finance etc.
Successfully completed Bachelor's in commerce and got to know about all principals of accounts and finance, book keeping, corporate finance and banking etc.