Description

Bringing over 10 years of extensive expertise spanning diverse industries which includes Steel Manufacturing, FMCG Manufacturing and Construction with a dedicated focus on Financial Planning, Analysis, Costing and Management Reporting

 Currently holding the position of Chief Accountant at a

prominent steel manufacturing company in the UAE, with a remarkable turnover of AED 1.2 billion

 UAE Corporate Tax migrations at standalone and group level by collaborating with external tax advisory.

 Led a specialized audit involving the assessment of US Anti-dumping duties initiated by the US Government, working collaboratively with US legal experts. Played vital role in reducing antidumping duty from 3.63 % to 0.96%.

 Led a specialized audit involving the assessment of Canada Anti-dumping duties initiated by the Canada Government, working collaboratively with Canadian legal experts. Played vital role in getting antidumping duty of 0.41% only.

 Developed a business finance model, projecting the company's financials over a ten-year period and collaborated with Deloitte to create a comprehensive Company Feasibility Study report for securing 1.5 billion AED in financing

 Led initiatives to enhance cost allocation precision within SAP and introduced targeted cost reduction goals, encompassing yield improvements and consumables optimization

 Conducted comprehensive financial analysis, including variance analysis, trend analysis and ratio analysis, to provide insights into the company's financial performance and inform strategic decision-making

 Proficiently prepared annual budgets, monthly financial forecasts and budget vs. actual analysis, ensuring accurate financial planning and alignment with organizational goals

 Effectively managed and completed 4 financials statement statutory audits out of which 2 are group entities which comprises of 7 subsidiaries from 5 different countries within specified time frame set by the Board.

Languages

English
Native or bilingual
Hindi
Fluent
Telugu
Native or bilingual

Workplace preferences

Can work on-site

Dubai City (up to 50km)

Conares Metal Supply Limited
Chief Accountant
January 2023 - Today (3 years and 5 months)
Dubai - United Arab Emirates
Leading and supervising a team of six members while maintaining a direct reporting line to the Chief Financial Officer (CFO)
Ensuring timely completion of essential monthly financial period closing activities within SAP, including provisions, prepayments and depreciation schedules
Proficiently executing Management Information System (MIS) reports, conducting meticulous segment-wise profitability analysis and formulating monthly financial presentations for the Board
Diligently monitoring General Ledger (GL), Accounts Receivable (AR) and Accounts Payable (AP) reconciliations at defined intervals. This encompassed the validation and approval of customer sales orders and invoices, leading to expedited trade receivables recovery
Collaborating with the Chief Financial Officer (CFO) to expertly manage working capital and actively contributing to essential decision-making processes
Exercising comprehensive oversight of the end-to-end costing processes within SAP, conducting detailed analyses of cost center-wise performance and expertly mitigating any associated risks of abnormal deviations
Conducting thorough analysis of yield/consumption reports and meticulously implementing strategic measures to curtail negative yield
Conducting monthly assessments to ensure the accurate valuation of inventory within SAP and establishing appropriate pricing for raw materials (RM) and finished goods (FG)
Conducting VAT reconciliation and filing activities accurately and in compliance with regulatory requirements
Business analysis Chief Financial Officer Corporate strategy Administrative and Financial Manager Cost Reduction
Green Planet Industries LLC
Asst Manager – Finance
February 2019 - January 2023 (3 years and 11 months)
Dubai - United Arab Emirates
Supervised group subsidiaries and their associates, performing monthly financial analysis, ratio analysis and overseeing the annual budget cycle
Ensured the punctual completion of production and consumption entries while also overseeing the valuation of stock
Conducted thorough monthly bank reconciliations and diligently managed on-time payments to vendors
Evaluated SKU-wise variance analysis of actual consumption versus Bill of Materials (BOM) across a portfolio of over 800 products
Expertly reconciled finance costs related to credit terms with vendors and monitored credit terms from customers
Managed the comprehensive process of VAT filing, payments and Reverse Charge Mechanism (RCM) reconciliation
Administered payroll accounting, provisions and salary deductions
Successfully validated the completion of standalone and consolidated audits, as well as proficiently filed ESR reports
Effectively implemented IFRS 16 and ensured to pass relevant journal entries in the books and performed impact analysis
Cost Reduction Business analysis Finance sector Administrative and Financial Manager Corporate strategy
Larsen and Toubro Ltd.,
Executive Cost Management
February 2017 - January 2019 (1 year and 11 months)
Mumbai, Maharashtra, India
Supervised the Accounts Department for the Chennai Metro Rail and WDFCC Projects
Collaborated with the Corporate Indirect Tax Department to facilitate GST migration
Conducted meticulous examinations of cash transactions, bank payments, purchase order/work order approvals and subcontractor invoices
Prepared quarterly financial PowerPoint presentations (PPTs), risk management reports and Management Information System (MIS) reports
Executed cost statements, managed cost allocation and meticulously reconciled cost versus revenue ledgers
Conducted regular analysis of the indirect cost budget and took proactive measures to address adverse variances
Cost Reduction Corporate strategy Administrative and Financial Manager Finance sector