Wajith Sheriff

Key Result Areas:

• Spearheading financial operations and evaluating organization’s financial performance; conducting financial analysis, developing financial planning processes and structuring & implementing overall commercial plans
• Administering overall accounting operations, audits (Statutory Audit, Internal Audit & Tax Audit) and internal & regulatory reporting for the organization
• Monitoring cash flows, controlling working capital funds, maintaining oversight on AR & AP functions of the company
• Driving P&L functions and leading budget planning process with emphasis on providing reliability in services, reducing costs, improving gross margins, revenue earning capacity and profitability
• Understanding new changes in existing business, analyzing impact thereof on financials and suggesting accounting treatment
• Formulating annual budgets and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions
• Heading the business forecasting & financial modelling to help short-term and long-term planning of the organization; administering the generation of financial forecasts and business plans based on analysis
• Designing & implementing systems, policies & procedures to facilitate internal financial and process controls
• Executing the tasks related to budget preparation, forecasting revenue & expenses for pricing and developing proposal for new prospects
• Monitoring the inventory stock to ensure minimum inventory availability in warehouses and ultimately improve cash flow and reduce the holding costs
• Steering the formulation and disbursement of the payroll to entire groups as per the WPS system
• Implementing and documenting record keeping, accounting process and accounting packages to manage accounting system
• Contributing in trade finance operations with focus on validating documents and ensuring pre transaction regulatory and non-regulatory requirements are fulfilled
• Managing a team of various trade related products like letter of credit, bank guarantee, import & exports bills under LC and collection, discounting and others
• Ensuring the existence of adequate and robust guidelines, processes and controls to ensure compliance with applicable rules and regulations; leveraging professional direction/advice on all trade finance related matters within the bank
• Mentoring, motivating & monitoring team’s performance to ensure efficiency in process operations

• Directing end-to-end financial operations, strengthening cash flow, optimizing cost structures, and reducing operational expenses
through robust controls and implementing ERP systems to streamline accounting and improve financial reporting efficiency.
• Leading annual budgeting and forecasting, consistently maintaining variances within industry benchmarks while enabling agile,
data-driven decision-making.
• Conducting advanced P&L analysis, financial modelling, and forecasting to identify profit metrics and improve organizational performance.
• Revamping AR/AP processes, improving receivables turnover, strengthening vendor relationships, and ensuring efficient cash management.
• Ensuring full compliance with VAT, Corporate Tax, and IFRS standards, maintaining a flawless audit track record across multiple
financial years.
• Coordinating statutory, tax, and internal audits, achieving zero non-compliance through rigorous financial governance practices.
• Optimizing inventory and working capital, maintaining warehouse stock levels with demand, enhancing supply chain efficiency, and
improving liquidity.
• Steering payroll for all employee categories under WPS guidelines, ensuring accurate and timely disbursements.
• Managing trade finance facilities, including L/Cs, guarantees, import and export bills discounting, and cross-border remittances,
ensuring compliance with banking and regulatory norms.
• Strengthening financial governance and leadership capacity by implementing internal controls, mentoring teams, and improving
reporting accuracy to drive operational excellence.

Key Result Areas:
• Devised & implemented accounts consolidation, financial policies, systems, and procedures/guidelines to ensure smooth cash flow and streamline budgets
• Planned, organized and performed the accounting & financial functions, process control & functional supports in accordance with corporate requirements
• Performed complex reconciliations between sub-ledgers and general ledger including resolving or recommending action
• Steered the funds transfer, including bank reconciliation, while coordinating with the banks
• Managed end-to-end Payroll system as well as accounts receivable/payable, including reconciling the account & maintain age-wise billing track of receivables & schedule allocation for payables
• Published monthly depreciation & amortization schedules and journal entries for fixed assets and capital leases
• Conducted month-end and YTD variance analysis versus the yearly budget; prepared and managed the cash flow, fund flow, job costing, final accounts, and MIS reports
• Led functions such as Income tax/e-TDS/Service tax/PF/ESIC to meet statutory compliance; interacted with internal and external auditors in completing audits

• Designed and implemented financial policies, procedures, and consolidation systems, ensuring efficient cash flow management and
accurate budgeting.
• Directed end-to-end payroll, AR/AP, and tax compliance functions, achieving timely execution and full regulatory adherence.
• Partnered with banks and cross-functional teams to streamline funds transfers and reconciliations, reducing discrepancies and
improving accuracy.
• Prepared and maintained fixed asset accounting, including monthly depreciation, amortisation schedules, and capital lease journal entries.
• Led month-end closing activities, variance analysis, and financial reporting while ensuring accuracy through detailed reconciliations.
• Ensured statutory compliance across Income Tax, e-TDS, GST/Service Tax, PF, and ESIC, while coordinating with auditors to achieve
timely and successful audits.

Key Result Areas:
• Led the Chennai branch office with accounting & administrative activities; participated in monthly review meetings with the sales management team to execute the budgeting, forecasting & MIS reports as required by the management
• Interfaced with the dealers and agents for market strategies with sales staffs in profit center management
• Drove the entire inventory, including monitoring the inventory control, reconciling variances, and planning on stocks for monthly requirements
• Created reporting the daily and monthly reports and disbursement list, including cash accounts, to the corporate office for review and approval

• Executed accounting and administrative operations at the Chennai branch, supporting budgeting, forecasting, and MIS reporting in
alignment with sales management objectives.
• Collaborated with dealers, agents, and sales teams to drive market strategies, enhance profitability, and strengthen profit center performance.
• Managed end-to-end inventory operations, including planning, reconciliation, and process controls to ensure accuracy and efficiency.
• Prepared and submitted daily and monthly financial and disbursement reports, including cash flow statements, to the corporate
office for review and approval.