Vishal Toby, Head of Finance

Vishal Toby

Head of Finance

Rezayat Group

Location
Saudi Arabia - Dammam
Education
Master's degree, Accounting
Experience
13 years, 3 Months

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Work Experience

Total years of experience :13 years, 3 Months

Head of Finance at Rezayat Group
  • Saudi Arabia - Khobar
  • My current job since February 2018

I am handling Finance & Commercial of 5 businesses in the logistics cluster of the Rezayat Group in KSA .
My major achievements so far are :

- Initiated and took the lead in reducing the finance manpower which resulted in a significant savings
- Established SOP’s for credit controls, year end Audits, procurement, etc
- Re organised the logistics credit controls, collected old stuck debts
- Identified revenue leakages in JV company and established the process flow
- Established a sound MIS in the group whereby Flash reports are submitted to management by the end of first week every month
- Plugged cases of fraud by dishonest employees in the group
- Brought a major change in accounting policies for depreciation on capex ( which has resulted in preparation of accurate bids )
- Established budgetary controls and delegation of authorities for each BU in the cluster

Deputy Finance Manager at NTPC Ltd.
  • India - Lucknow
  • January 2000 to January 2007

This was my first Job where i joined as an executive trainee in Finance and actually started training from October, 1998 . I started confirmed role w.e.f.Feb, 2000 as Finance officer . I got 2 promotions on time during my stay in NTPC for 7 years when i left finally as Deputy Manager .I got the opportunity to work in various domains of finance & Accounts .

Education

Master's degree, Accounting
  • at Institute of chartered Accountants of India
  • March 2000

I am additionally a qualified ICWA and CS ( up to Final group -I) . Additionally I am rank holder in CA & CS exams.

Specialties & Skills

Languages

English
Expert

Memberships

Institute of chartered Accountants of India
  • Professional
  • February 2000
Institute of cost & works Accountants of India
  • Professional
  • June 1996

Training and Certifications

Rank certificate from ICAI (Certificate)
Date Attended:
May 1998

Hobbies

  • browsing the net
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