Group Finance Manager
Ports Customs and Free Zone Corporation
Total years of experience :16 years, 9 Months
Working closely with Group CFO, managing organization’s overall finance and accounting functions
o Streamline finance SOP through process optimization and automation, system enhancements and providing hands-on guidance to section managers on routine operations. o Engage with external auditors for annual audit of financial statements and reporting key
matters on IFRS compliance to head of audit committee.
o Support internal auditors and closely associated with other audits namely Financial Audit
Authority (FAA), ISO 8000 audit and Information Security Regulation (ISR) audit.
Planning and advising management and board on matters like
loan restructuring,
funding of large CAPEX and
settlement within PCFC entities and related parties.
Reporting to Executive Vice President - DP World on joint venture between PCFC and DPW.
o Engaged in the diversification of PCFC revenue streams from core governmental functions to commercial ventures revenue and thereby mitigating the risk of revenue losses due to change in government decisions.
o Advise board and executive leadership on PCFC owned areas and assets namely the iconic Queen Elizabeth -II.
o Review of structure of PCFC and advise management from Financial Reporting perspective
Corporate Tax perspective
Establishment and closure of commercial companies
o Built, developed and leading Group Treasury function, for efficient management of Group funds securing additional revenue from this function.
o Engaged in various financial governance aspects of PCFC for Board review and approval like Setting up of companies
Drafting and presenting financial Delegation of Authority
Banking Mandate
I. Assistant Manager - Group Corporate Finance
• Review of Group Cash flows including projects
• Review of Group budget
• Review of investment paper
• Corporate Governance and control on matters like opening a new company, bank accounts, Group structure, and similar matter
• Managing the financial and administrative support for start-up companies under the umbrella of PCFC.
• Management of Inter-company funding through loan facility for start-up companies and projects of existing companies
• Review of group finance policy and procedures
• Review of matters as per directives from Investment Committee.
• Project - Implementation of Oracle: System Standardization and implementation
• Project: VAT Implementation - Advisory and system
II. Management Accounting and Reporting
• Financial Accounting and Reporting of six (6) PCFC entities including VAT.
• Managing multiple audits - External, Government and Internal
•Managing IFRS compliant Financial Statements
•Review and finalization of annual budgets
Experience at Ernst and Young includes
- Meeting with the executives of the clients and understand their expectations in order to draw an audit plan.
- Advise clients on various matter which includes day to day accounting, implementation of accounting standards and improvement in internal controls to improve their monthly reporting to the management as well as annual reporting to shareholders.
- Preparation of standalone financial statements of individual companies and consolidated financial statements of diversified groups
- Analyze business processes, identifying the risks in these processes, thorough review of internal controls placed to mitigate those risks and recommend best business practice through reporting to the management
- Review of financial statements in accordance with International Financial Reporting Standards
- Review of SOX audit
- Train the juniors and make them understand their scope of work which needs to be completed in a set deadline
Key clients served in UAE
- Al Naboodah Construction Group
- Del Monte (UAE) Foods LLC
- Sharjah Cement
- Jotun Paints
- Amlak Finance PJSC
- Dutco Balfour Beatty Construction Group
- Tokio Marine and Nichido Fire Insurance
- Dubai Insurance
Chartered Accountant from the Institute of Chartered Accountants of India(ICAI)
Bachelor of Commerce from Mumbai University in FIRST CLASS from K.P.B.Hinduja College of Commerce with Financial Accounting, Cost Accounting, Taxation and Auditing as the major subjects.
