VINAY KUMAR, EXECUTIVE COMMERCIAL

VINAY KUMAR

EXECUTIVE COMMERCIAL

EMIRATES TECHNICAL ASSOCIATES

Location
United Arab Emirates - Abu Dhabi
Education
Master's degree, COMMERCE
Experience
28 years, 9 Months

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Work Experience

Total years of experience :28 years, 9 Months

EXECUTIVE COMMERCIAL at EMIRATES TECHNICAL ASSOCIATES
  • United Arab Emirates - Abu Dhabi
  • My current job since February 2007

SUPPORT FUNCTION WHICH INCLUDES -ADMINISTRATION
COMMERCIAL / ACCOUNTS/LOGISTIC ETC.

at Abu Dhabi Police GHQ Police Project Committee
  • September 2013 to April 2014

• Presently working in "Police Officers' Housing Project, Mussafah Abu Dhabi U.A.E" project for which the client is Ministry of interior Abu Dhabi Police GHQ Police Project Committee. Project Value AED 58.50 Million. Since Sept.2013 - Till Date.

Sr. Executive Commercial at Emirates Trading Agency L.L.C. Abu Dhabi
  • United Arab Emirates
  • February 2007 to April 2014

➢ Emirates Trading Agency L.L.C. Abu Dhabi
Feb.2007 till date
Sr. Executive Commercial

at Abu Dhabi Grand Canal
  • United Arab Emirates
  • June 2008 to June 2012

• Previous worked in "The Ritz Carlton, Abu Dhabi Grand Canal" project for which the client was Abu Dhabi National Hotels (ADNH). Project Value AED 400.00 Million. June 2008 - June 2012.
• Identified contractual risk management for the assigned project.
• Worked with technical specialists regarding external resource requirements and procurement.
• Handled major commercial activities.
• Responsible for timely preparation and submission of MIS reports.
• Perform administrative tasks.

Assistant Manager Commercial at Blue Star Limited
  • India
  • May 2005 to January 2007

➢ Blue Star Limited, Gurgaon, India.

May2005 to Jan.2007
Assistant Manager Commercial
• Responsible for gathering information from customers and field sales teams.
• Assigned the tasks of formulating proposals to build and maintain existing relationships with channel partners.
• Handled the tasks of reviewing payment terms and agreements.
• Handled the tasks of debtor's reconciliation.
• Responsible for generating innovative strategies and plans for completing financial models.
• Assigned the tasks of negotiating terms and conditions with vendors.
• Handled the tasks of preparing and generating commercial reports and statements.
• Responsible for analyzing risk as well as reward structure associated with contractual offerings.

ASSISTANT MANAGER COMMERCIAL at BLUE STAR LTD
  • India - Gurgaon
  • May 2005 to January 2007

COST CONTROL/ BUDGETING/IMPLEMENTATION OF CO. COMMERCIAL POLICY/AUDITING/BILLING AND RECONCILATION ETC

Executive Finance & Administration at Thomson India Limited
  • India
  • December 1997 to April 2005

➢ Thomson India Limited, New Delhi, India.
Dec.1997 to Apr.2005
Executive Finance & Administration
• Handles a wide gamut of functions viz., branch accounting, debtor's management, inventory management and MIS development.
• Handled the tasks of reviewing payment terms and agreements.
• Handled the tasks of sales tax assessment for the state of Punjab, Chandigarh, H.P. J&K, Rajasthan, U.P, Delhi, Haryana & Uttranchal.
• Assigned the tasks of negotiating terms and conditions with vendors.
• Handled the tasks of preparing and generating commercial reports and statements.
Previous Assignment:-

EXECUTIVE FINANCE AND ADMINISTRATION at THOMSON INDIA LTD
  • India - Delhi
  • December 1997 to April 2005

BILLING/RECONCILIATION/BANKING/TAXATION/ADMINISTRATION ETC.

Accountant at Novelty Associates Pvt. Ltd
  • India
  • December 1996 to November 1997

• Dec '96 to Nov '97 worked as Accountant with Novelty Associates Pvt. Ltd. Amritsar.

ACCOUNTANT at NOVELTY ASSOCIATES PVT LTD
  • India - Amritsar
  • December 1996 to November 1997

BILLING/BANKING/PREPARING BRS ETC

Accountant at Aptech Computer Education
  • India
  • September 1995 to November 1996

• Sep '95 to Nov '96 worked as Accountant with Aptech Computer Education, Jammu.


Areas of Expertise:-
Finance & Accounts
➢ Managing finance functions involving determining financial objectives, designing & implementing financial control systems in consultation with top management.
➢ Negotiating with banks for Trade Finance, Credit Facility, LC opening, Import Finance, Guarantees, Bid Bonds etc.
➢ Preparing and maintaining statutory books of accounts, reconciliation statements and financial statements, ensuring conformance to regulatory accounting standards.
➢ Negotiate and follow up with customer for payments, sort out invoice discrepancies, arrange for LC amendments.

Budgeting & MIS
➢ Formulating budgets, conducting variance analysis to determine difference between projected figures & actual expenditure and taking corrective actions.
➢ Supervising the preparation of MIS reports to provide feedback to top management on financial performance, viz. fund management, credit control, profitability, etc.

Fund Management
➢ Liaising and negotiating with banks & financial institutions for raising fund and non-fund based facilities at favourable terms to meet working capital and project requirements.
➢ Preparing cash flow and fund flow statements to track the inward / outward flow of funds, ensuring optimum utilization of funds in line with the accomplishment of corporate goals.

Commercial Operations
➢ Managing warehousing operations involving monitoring of movement of goods and ensuring optimum inventory levels; conducting stock audits.
➢ Coordinating with dealers & channel partners for ensuring timely payment from debtors and recovery of bad debts; conducting debtors' ageing analysis and settling claims.

Taxation & Liaison Work
➢ Preparing tax plans and ensuring timely filing and assessment of direct & indirect tax returns in compliance with statutory tax acts.
➢ Liaising with government departments and regulatory authorities for obtaining necessary sanctions / clearances and ensuring compliance with statutory obligations.


I T Skills:-
• Well versed with Windows, Word processing, SAP, ERP, XPEDEON, BAAN, TALLY, ORBIT, SYMCO, MS-Office and Internet Applications.

ACCOUNTANT at APTECH COMPUTER EDUCATION
  • India
  • September 1995 to November 1996

BILLING/PAYROLL/BANKING/ADMINISTRATION/CASH HANDLING ETC

Education

Master's degree, COMMERCE
  • at UNIVERSITY OF JAMMU,JAMMU
  • August 1995
Master's degree, Commerce
  • January 1995

• Master's Degree in Commerce, 2nd Division from University of Jammu (J&K) India in 1995.

Bachelor's degree, COMMERCE
  • at GOVT. S.P.M.R. COLLEGE OF COMMERCE, JAMMU
  • May 1993
Bachelor's degree, Commerce

• Bachelor's Degree in Commerce, 1st Division from University of Jammu (J&K) India in1993.

Specialties & Skills

Windows Server 2008
ACCOUNTING
ADMINISTRATIVE TASKS
FINANCE
INVENTORY
MILLION
OF SALES
RISK MANAGEMENT
SALES TAX
TRADING
SAP/XPEDEON/BAAN/SYMCO

Languages

English
Intermediate

Training and Certifications

RECEIVED (Certificate)
Date Attended:
June 2008
Valid Until:
June 2008

Hobbies

  • TRAVELLING