فينود جورج

Professional experience in Kuwait in Senior positions in Finance, HR and Administration involving Business & Financial Strategy & Planning. My principal goal is to provide high quality services to my Management.

My expertise include, in Banking Activities and Managing facilities with Banks, Accounts Managements, Treasury Operations, Business planning & Analysis, Financial Management, Valuations, Due Diligence, Financial Modelling & Projections,

Key Roles

Provide regular financial reports and projections to the Management the organization’s financial status, operating budget, prepare and present cash flow forecasts and portfolio analysis necessary to support investment decisions.

• Oversee the preparation of periodic financial statements, account reconciliation, and budget variance reports to facilitate a thorough understanding of financial results.

• Review and maintains a strong system of internal controls to ensure the accurate reporting of transactions as well as the safeguarding of assets.

• Participate in external audit \[ Financial Audit, Customer Audit, QMS Audit, API Audit, \]

• Make recommendations to management regarding cost saving or profit generating opportunities and profitability improvement
strategies.

• Ensure compliance with local laws and regulations, and Legal documents are valid.

• Administration (Visa, Facility management) Manpower Planning, Recruitment and Training, Training records, evaluation and document and record control.

• Competency matrix and performance evaluation of key staff.

ACME specializes in the contracting, construction and commercial business, primarily catering to Oil & Gas, Power, Industrial and Commercial Projects in Kuwait as well as in Middle East.

Managing the entire finance and accounts activities of the company.

Supervising the Accounts Department, through a system, connected in a network, with responsibilities of supervising the A/P, A/R, G/L Banking, Budgeting, periodical Finalization, Preparation of Account Statements, Analyzing & periodical Reporting to the top management etc. Supervising in monthly closing.

Integration of data from Operational Software to Oracle R12 System.

Super user for Oracle implementation during 2010(Oracle R12) for the modules AR -AP -GL- Cash Management and Purchase, and completed the implementation.

Preparation of Projected and actual Cash Flows (Yearly and monthly )
Supervising invoicing and follow up with receivables & MIS Reports
Supervising Bank Reconciliation and Receivable reconciliation, Customer Reconciliation etc.
Review of P&L and Balance Sheet on monthly basis and analyzing the variance with Budget etc.

Interacting with auditors in connection with the finalization of audit stock etc.

Liaison with banks for LC, LBCLBD Credit Facility etc.
Supervising the documentation in Letter of Credit, and Opening the same.

Payables reconciliation and processing payments:

Processing all payments to all international suppliers, by EFT according to the best exchange rates, and per due date. Handling multi currency ledgers for International suppliers (USD/KWD/AED/GBP/EURO/NOK/Swiss Frank/DKK etc.)

Opening Letter of Credits, Guarantees as per the terms against the new orders. Fund management and handling local supplies and international vendors. Liaison with banks for accepted LBC/ LC and for special rates for TT. Opening LBD / Promissory notes as and when it is required. Monthly closing of books etc.

Reporting:

Monthly sales analysis and comparison with same month’s sales in the last 5 years.
Monthly fund requirement reports and accounts payable reports.
Receivables reports by age wise / and funds transfer’s made / received from international branches.

Supervision and managing the entire Financial activities and reporting to the management.

Monthly closing of books of accounts
Preparation of Cash Flow Statements/Forecasts, monthly Trading & Profit & Loss Account, Balance Sheet as on date along with schedules.
Follow up with receivables and reconciliation of receivables
Preparation of Monthly Payroll
Supervision of year end physical verification of stock along with auditors.

 Sales invoicing and follow-up with receivables.
 Maintenance of Cash and Bank Books.
 Follow up renewals of licenses with government departments
 Preparation of Bank Reconciliation Statement.
 Preparation of reconciliation statement ( Payable & Receivable)
 Distribution of Salaries and Preparation of Payroll.
 Preparation of Trial Balance, Profit & Loss Account and Balance Sheet.
 Consolidation of Profit and Loss Account and Balance Sheet. ( for group companies)
 Preparation of Budgets, budgeted profit & Loss Account and balance Sheet.
 Liaison with Banks, Sales Tax, Central Excise, ESI & PF Offices.

Major audit undertaken during my tenure :

Internal Audit and Systems study for BPL (India) Ltd., one of the leading manufacturers of home appliances in India.

Internal audit of Goodlass Nerolac Paints Ltd., and was involved in fund planning, monitoring and its disbursements to various units.

Statutory and Tax Audit for Builtech Construction & Engrs, Salvicate (India) P.Ltd, and Shanker Sealings systems Ltd.