§ Competently controlled financial planning process; scheduled reporting including ‎yearly and five year financial budget to implement ‎strategic budgetary controls, financial planning & ‎analysis system and maintenance of budgets in SAP controlling
§ Skillfully operated consolidation of financial statements on monthly basis according to IFRS for group companies including foreign subsidiaries ‎and reported results to Japan headquarters
§ Unified with business units heads for operational budgets, key ‎forecasts and actual vs. budget analysis. Formulated monthly rolling forecasts PL through identification of key business drivers & ‎highlighting variances with annual budgets and product standard costs‎
§ Managed accounts payable for suppliers & general vendor payments, ‎payroll, month/year end close for periodic financial reporting. Followed-up accounts receivable for timely collection; generated monthly customers’ account statements with aging analysis‎
§ Strictly adhered to management policies & J-sox for smooth accounting ‎operations; developed strong internal control procedures. Defined standard chart of accounts for group companies for ‎consistency in recording of financial transactions with help of KAIZEN‎
§ Accurately maintained books of accounts in SAP & Navision; handled cash flow reports, ‎GL analytical review, fixed assets, reconciliations, J-SOX compliance, actual ‎vs. budget and expense controlling
§ Verified vouchers to ensure ‎correctness and compliance with company policies & procedures;‎ trained team members to perform routine accounting activities
Major Achievements:
 
ª Successfully managed annual budget figures of  600 Million dollars; prepared & implemented yearly, half yearly and 5 yearly midterm plans
ª Expertly prepared chart of account at group level in narrative form; awarded kaizen award that improved budget utilizations under heads of account
ª Resourcefully implemented Navision ERP in new group companies
ª Knowledgably prepared SOP’s to improve and standardize procedures in all companies

§ Adeptly dealt with company’s financial reporting and monthly financial ‎closing by issuing a monthly closing chart in compliance with IFRS. Capably supervised treasury operations; dealt with banks for LC’s, local bills discounting, ‎short term financing and calculation of working capital requirement
§ Diligently managed UAE VAT registration and return filing with FTA, VAT ‎laws compliance, VAT taxation planning & execution, ERP implementation, group companies VAT planning & execution, inter group transfer pricing, input tax management, and tax ledger reconciliations; implemented VAT compliance system, delivered trainings and performed online return filings‎
Major Achievements:
 
ª Proficiently prepared annual budgets and monthly P&L/cash flow rolling forecasts on basis of key business drivers
ª Competently planned and led overall group tax policy

Leading financial planning process from scheduling to reporting including yearly financial budgeting & five year midterm financial planning to implement strategic budgetary controls to ensure robust system of financial planning & analysis;
Managing consolidation of financial statements on monthly basis in accordance with IFRS for group companies including foreign subsidiaries and reporting the results to HQ;
Generating rolling forecasts to give management a future outlook of business profitability by identifying cost and revenue drivers;
Ensuring compliance of management policies to ensure smooth accounting operations & development of financial procedures;
Developing dynamic financial models for reporting, forecasting etc.
Defined standard chart of accounts for group companies to bring consistency in recording of financial transactions & got KAIZEN;
Maintained accurate books of accounts in SAP, Navision, daily funds flow statements, vendor payments and reconciliation, GL analytical review, actual vs budget reporting etc

Managed different finance functions of the group companies including reporting, compliance, accounts payable & budgeting function and lead a team of 10 persons including assistant managers, senior finance executives, senior accounts officers and finance officer level. Key accomplishments are summarized below:
• Set department objectives in line with overall finance dept. objectives to meet broad terms business objectives (MBOs);
• Developed performance evaluation system to measure achievement of financial targets set by the management including development of budgetary control system, expense management, Financial Pack and calculation of Corporate KPI\'s;
• Prepared group companies operational budgets, financial forecasts, presented to board of directors, onward monitoring of budgets with actual results & feedback to executive management regarding different variances with full in-depth business & financial analysis;
• Prepared statutory annual financial statements in accordance with the requirements of IFRS and Companies Ordinance, 1984 & prepared tax returns for onward filing by tax consultants;
• Prepared monthly management accounts within targeted time with briefing notes on deviation from budgets to assist executive management in business decision making;
• Developed Group Financial Manual including Finance SOPs covering major activities, delegation of Authority Matrix, Internal Control Framework and Data Flow Charts;
• Partnered with MIS to develop and implement all the financial modules of a comprehensive ERP System to meet the demanding business financial reporting needs and streamlining the business processes;
• Liaison with internal & external auditors, assisted the Group Financial Controller (GFC) and Group Director Finance in achieving the overall finance department objectives set by the management;
• Performed compliance of group sales policies to ensure that invoicing and collection of receivable is according to approved sales policies issued by

• Lead a team of 6 persons including assistant managers, senior accounts officers and finance officers;
• Prepared annual and quarterly Financial Statements in accordance with requirements of International Financial Reporting Standards and Companies Ordinance, 1984;
• Prepared monthly management accounts including comparison with budgets and reasoning for variance, contribution margins on sales contract, actual costing for fabric;

Attained extensive practical experience in the fields of audit, taxation, management consultancy, system designing & development related to various types of organizations including quoted, un-quoted and private limited companies.

Industry Exposure

I have gained above valuable experience in various sectors like Auto & Allied, Cement, Construction, Insurance, Financial sector, Stock Exchange, Textile & Composite, Sugar & Distillery, Food & Dairy, Glass & Ceramics, Tele-communication, Educational & non-profit organization and Vanaspati & Allied.

Specific Assignments
• To manage, plan and execute the audits in defined timelines and standard documentation keeping in view the analytical reviews of the specific assignments;
• Documented, carried-out assessments and suggested improvements in internal control systems of various concerns including Atlas Honda Limited – a SAP implemented company.
• Conducted due diligence from the buyer’s point of view of an investment bank and a construction company.
• Worked in quality assurance department, ensured adequacy of disclosures in the financial statements to meet requirements of local laws and IFRS.
• Developed internal audit plan, audit programs to execute the audit plan, maintained working papers, compiled the audit observations & discussed with concerned dept and then reported the audit findings in audit report along with recommendations to the senior management ;
• Performed secretarial work of various public and private companies