Vishvanath Krishnan

Hired as Director, Internal Audit, to set up Internal Audit function within the organisation. Key projects include:
• 5 years cost audit; identified key areas of deviations from policies and procedures; provided recommendations to improve Procure to Pay process.
• Review of ongoing cost, prior to payment, to ensure compliance and periodic reporting to the Audit Committee.

• Directed the preparation of annual budgets, financial forecasts, and reporting of variance analysis and KPIs.
• Developed rolling forecasts for cash flow, profit & loss projections, including sensitivity analysis.
• Monitored working capital management, including escrow funds management and related periodic reporting.
• Performed periodic investment appraisal and due diligence using financial models and sensitivity analysis of NPV, IRR and other metrics.
• Provided finance inputs for the company’s business development initiatives and concession bid submissions.
• Performed multiple special projects including deal negotiations, contract review, and advice on various matters.
• Oversight and management of structured periodic financial closing, financial reporting using SAP, Power BI and Diligent Board reporting.
• Managed the group consolidation process and ensured quality consolidated financial statements in accordance with IFRS by monitoring compliance to company policies, internal controls and regulations.
• Advised management on the accounting of complex transactions including group restructuring, litigation settlement, investments sale, subsidiary hiving off.
• Ensured compliance with UAE VAT and ESR Regulations, including registration, preparation, and filing of returns.
• Led the accounting and reporting of aircraft operations including budgeting, funding forecasts, revenue and profitability analysis for third-party charters, with focus on business partnering and finance governance.
• Contributed to the cost reduction and revenue optimization strategy of the group’s private aircraft operations.
• Oversaw the time cost billing to various group entities and other affiliates, and related reporting.
• Established customized standard operating procedures (SOP) for internal framework and various processes.
• Coordinated for sustainability report preparation, sustainability report audit, research and analysis on various sustainability matters including carbon neutrality and procurement of carbon offsets.

Audit and assurance

Roles and responsibilities
• Supervised audits of various large multinational companies
• Coordinated with various PwC offices for multi-location audits (mainly Europe and Africa)
• Ensured compliance with accounting and auditing standards and PwC Global Audit Methodology
• Performed project management responsibilities incl. managing teams; training subordinates

Process improvement projects; Accounts reconciliation projects