Finance Manager
Viva Pharmacy Group
مجموع سنوات الخبرة :14 years, 2 أشهر
Line of Business:- Retail Outline:- Viva Pharmacy Group is a retail pharmacy line with 20 retail store all over the UAE and a drug store, Viva is a subsidiary of Aurobindo Pharma a leading pharmaceutical manufacturer. Developed and implemented financial strategies, resulting in increase of overall company profitability. Led a team of 4 analysts to accurately forecast financial trends, enabling strategic decision-making and cost reduction initiatives. Implemented efficient financial reporting systems, resulting in a 30% reduction in monthly reporting time and improved accuracy. Collaborated with cross-functional teams to analyze and optimize financial processes, resulting in reduction of operational costs. Authenticated and certified cash collection and expenditure matters, demonstrating meticulous attention to detail. Implemented monthly budget control measures and conducted comprehensive analysis of deviations, providing insightful reports to senior management. Developed and implemented innovative tax planning strategies for businesses, resulting in substantial tax savings and increased profitability. Oversaw and managed a $2 million budget, ensuring adherence to financial guidelines and meeting all deadlines for expense reporting and forecasting. Conducted thorough due diligence on potential acquisition targets, analyzing their financials, operations, legal issues, and potential risks Evaluated the financial implications of the acquisition, including financial modeling, valuation, and return on investment analysis Developed a comprehensive integration plan to merge the acquired company seamlessly into the existing operations. Implemented an efficient inventory control system to ensure optimal stock levels and replenishment of items.
• Protected company assets with strategic risk management approaches
• Identified improvement changes regarding key processes for internal controls and accounting procedures.
• Successful implemented CRM system (Current Dusk).
• Supported CRM Admin and IT team in various project to streamline the efficiency of CRM System.
• Designed the fee groups, AM and Single Layer Marketing system in Current Dusk.
• Implemented effective reconciliation system of investment between, CRM, Trading Platform and LP.
• Prepared budgets, cash flow projections, cost analysis and monthly, quarterly and annual reports.
• Complied with established internal controls and policies.
• Performed spending analysis and partnerships to refine policies and develop recommendations for improvement.
Line of Business:- Trading & Distribution Outline:- Lifetime Trend is the authorized sole distributors of Motorola, Anker, Nokia, and some other novelties brands. Delivered timely and accurate management reporting to facilitate decision making. Oversaw and monitored inventory transactions to ensure accuracy and accountability. Prepared comprehensive financial statements encompassing profit and loss accounts, budgets, cash flows, monthly management accounts, variance analysis, and commentaries. Analyzed and reviewed financial statements to identify potential tax savings and ensure compliance with tax laws and regulations. Formulated quarterly tax reports (VAT) and submissions meticulously aligned with the specific requirements of the Tax Authority. Collaborated closely with purchasing manager and category manager to effectively resolve any accounts payable issues, ensuring smooth operations and optimal financial management. Effectively improved the AR collection time by timely communicate and followup with customers.
• Reviewed accounting structures and procedures on regular basis to identify areas in need of improvement.
• Compiled general ledger entries on short schedule with 100% accuracy.
• Strengthened financial management processes to bring errors to near-zero in reporting, payroll administration and general bookkeeping.
• Partnered with auditors to prepare yearly audits.
• Completed daily accounting tasks including tracking funds, preparing deposits and reconciling accounts.
• Organized and carried out efficient month-end, quarterly and year-end processes.
• Generated and submitted invoices based upon established accounts receivable schedules and terms.
• Reconciliation of Agents and vessel operators.
• Reduced storage cost by close monitoring of container movements.
• Reviewed figures, postings and paperwork for accuracy, integrity and compliance.
• Collaborated with managers to obtain missing information.
• Reconciled accounts, spreadsheets and documents on daily basis using various ERP.
• Identified irregularities, researched causes and resolved problems.
• Reviewed account data and activity to devise financial estimation reports and adjustments.
• Produced and reviewed audit reports for submission to inspector general and advised inspector general on audit recommendations and internal controls.
• Produced audit reports which comprised evaluation of internal control systems
Support senior auditor to submit the final audit report.
MBA in Finance and marketing
University of Kerala, TKMM College, Nangiarkulangara Bachelor of Commerce in Accounting, 2007