Vishwanath Shetty, General Manager

Vishwanath Shetty

General Manager

Al Majwal Group

Location
Saudi Arabia
Education
Master's degree, Financial Accounting, Auditing and Business Management
Experience
34 years, 6 Months

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Work Experience

Total years of experience :34 years, 6 Months

General Manager at Al Majwal Group
  • Saudi Arabia - Dammam
  • My current job since June 2015

My responsibilities include:
Participates in formulating and administering company policies, directing and coordinating all divisional department activities to develop and implement long-range goals and objectives to meet business and profitability growth objectives.
Reviews analyses of activities, costs, operations and forecast data to determine department or division progress toward stated goals and objectives.
Confers with the chief administrative officer and other administrative personnel to review achievements and discuss required changes in goals or objectives resulting from current status and conditions.
Develops, reviews, updates and implements business strategic planning, including sales, financial performance and new product development.
Oversees manufacturing and materials departments to review production and operating reports and resolve operational, manufacturing and facility problems to ensure minimum costs and prevent operational delays and to meet future growth.
Oversees key projects, processes and performance reports, data and analysis.
Reviews and supports engineering and sales to oversee design concepts with fundamental or new technology used for new or existing products or improvement to provide cost reduction, safety, customer requirements and market growth.
Reviews operations and plans to meet requirements for sales planning and to ascertain manufacturing or outsourcing requirements to develop new markets.
Reviews and approves preparation of accounting analysis for budgetary planning and implementation, production efficiency, financial reporting, budgetary planning and submittal for capital expenditures.
Formulating budgets, closely monitoring variances and implementing corrective actions.
Establishing and overseeing the General Accounting, treasury, receivables/debts collection, payables process and taking steps to enhance the productivity/efficiency.
Managing Company funds and interacting with banks /other external vendors for ensuring optimization of resources at all times.
Resolving critical issues in taxation, regulatory and interfacing with external authorities.
Compliance with internal /external audit requirements.
Assisting the decision making on various critical issues /projects and generally in measures to improve profitability of the company.

Financial Controller at Axson India
  • India
  • My current job since February 2013

Responsible for the preparation of monthly financial results, budget, and quarterly forecasts, and completion of the reporting requirements. Perform detailed analysis of accounts, prepare month-end reports, and presented findings to top level management. Overall control on accounts, fund planning & management and reporting for business units. Preparation of cost sheet of products, advising top management for effective cost control & saving. Implementing/designing effective internal control systems for achievement of objectives and implementation of system for effective financial control. Preparation of monthly budget of the company, cash budget, performing financial analysis including ageing, variance analysis and financial statement review. Ensuring tax management and compliance of statutory returns/payment within due date as per Income tax Act, Central Excise and Sales Tax Authorities. Liaise with company bankers, insurers, tax consultants and, internal /statutory /tax auditors of company units. Training and development of accounts personnel, including ERP training and internal company procedures relating to finance and accounts, purchasing and administration.

Finance Manager at SIPCO Ltd
  • Saudi Arabia - Dammam
  • November 1989 to November 2012

Senior Finance professional with Oracle ERP background over 25 years of experience leading financial and operational turnarounds, directing and managing responsible financial growth, and delivering significant profit increases. Proven ability to improve operations, impact business growth and maximize profits through achievements finance management, Expertise include strategic financial planning for both large and medium sized businesses, budget preparation, accounting systems development, finalization & consolidation of accounts, cash flow management, internal audits, inventory control management, liaison & fund raising from Banks and, controlling expenditures, enhancing revenue, improving team performance, ensuring compliance with policies and established practices. A qualified Financial Accountant from India. Seeking an opportunity with a reputable company where my skills and experience will have a valuable impact.

Education

Master's degree, Financial Accounting, Auditing and Business Management
  • at SIES Institute of Management Studies
  • May 1983

Specialized in Internal Auditing and Financial Management

Specialties & Skills

Cash Flow Management
Strategic Financial Planning
Budget Management
ORACLE ERP IMPLEMENTATION
Accounts Receivable
Oracle Financial Modules

Languages

English
Expert

Training and Certifications

FSG Reports, validation, reconciliation, auditing, Fixed Assets, Receivables, Payables, OPM etc., (Training)
Training Institute:
In house training on oracle module
Date Attended:
April 2002