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Management Manager

Location:
Vaughan, ON, Canada
Salary:
75000
Posted:
September 15, 2014

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Resume:

Sonu Kshatriya, ACA, ACS

*** ***** *****, ******* **, L6A OR2 Tel: 647-***-**** Email:

acfynt@r.postjobfree.com

Self-motivated, research-oriented, and results-driven Chartered

Accountant & Company Secretary-level qualifications reinforced with an

extensive breadth of international experience in UAE, UK and CANADA in

policy development and strategic leadership with astute business

acumen and designed & implemented business metrics to achieve cost

reduction & profit improvement.

AREAS OF EXPERTISE

. Preparation, Analysis, Oversight of Financial Statements and Balance

Sheet Management.

. MIS, Preparation of Management Reports on monthly basis.

. Preparation, Review and Monitoring of Budgets & Forecasts followed by

report on variances,

. Working capital management which included effective Credit Control, AR

& AP, & smart inventory control and cash management.

. Identification, Selection and Implementation of ERP Software and

Coordination with the IT Department on Trouble Shooting.

. Banking & Communication with Bankers, Arrangement of Facilities for

Working Capital & Long Term Funding for Capital Expenditure. Personal

Involvement in Treasury Operations & Booking of Foreign Currencies.

. Ensured Complete Coverage of Insurance on Property - All Risks, Cash

Insurance, Marine Cargo, Fidelity Guarantee, Group Life, & Workmen

Compensation etc. Negotiation of most Competitive Rates on Premium.

. Co-Ordination with Internal and External Auditors & Solicitors of the

Company to Report to Management on Undesirable Practices and

Deviations from Existing Systems. Sarbanes Oxley Act, GAAP and IFRS.

. Risk Management, Identification, Analysis, Design, Implement and

Monitor Risk Factors.

. MD&A- Provide Information and Decision Making Tools, namely Activity

Based Costing, Division & Segment Margin Analysis, Balanced Score

Board, Cost Allocation-cost centres, Pricing & Results of Operations.

. Strategy - Lay Out to Support the Management to Improve the Sales and

Margins, and Control Costs.

. Corporate Governance, Internal controls, Contract negotiations for

agencies, franchises & tenders.

Education & Training

. CHARTERED ACCOUNTANT: Chartered Professional Accountants (UFE In-

Progress)

. CERTIFIED PUBLIC ACCOUNTANT Board of Accountancy, Colorado USA (Passed

all four Parts)

. CHARTERED ACCOUNTANT (ACA) Associate Member of The Institute of

Chartered Accountants of INDIA

. COMPANY SECRETARY (ACS) Associate Member of The Institute of Company

Secretaries of INDIA

. BACHELOR OF COMMERCE, Osmania University, Hyderabad, India

SOFT SKILLS

. Self-Motivated, Out of The Box Thinking, Proactive, Multi-Tasking,

Ability to Work Under Pressure

. Excellent Communication Skills-Verbal & Written, Passionate & talented

Team Leader / Member and committed to profession & colleagues.

. Excellent Inter Personal Skills, Prepared to Take Up Challenges

COMPUTER SKILLS

. Proficient in MS Excel, MS Word and ERP software's (Sage, Tally, Quick

books & custom made ERP)for Accounting, Payroll and Inventory

SENIOR ACCOUNTING MANAGER

May 2014 - Current

DATAWIND Inc. Toronto ON

Datawind Inc. is a multinational company listed on Toronto Stock Exchange.

The company provides wireless web access products & services. The worlds

least cost tablet by the brand name Akash is the product of Datawind.

. Complete Accounts Payable, which includes trade payables, taxes,

statutory payments etc. covering the Canadian, USA, UK, and Indian

operations. I have been setting up proper internal controls to ensure

accuracy and timely remittances. Receivables, inventory management and

consolidation also constitute my responsibilities'. Reconciliations

and providing Management reports.

Sonu Kshatriya

Page 2

Qualifications in Action

GROUP FINANCE CONTROLLER (Internal Transfer)

2011-2014

CITY ELECTRICAL FACTORS, Dubai, United Arab Emirates & Middle East Region

(sister company of TES, Canada & UK)

Brought on board with this globally-scaled and environmentally conscious

manufacturing and trading supplier of electrical equipment and services,

with operations spread over 22 countries and an annual turnover of $5

billion, to play a critical role in the set up and management of the Middle-

East operations from inception

SELECTED CONTRIBUTIONS & ACHIEVEMENTS

. Restructuring. Established the policies for restructuring the company

operations to make them viable and profitable. The design was to

combine the infrastructure between the units to save costs and

assigning more tasks to the staff, thereby reducing the staff costs.

Developed corporate governance system for the company to ensure that

senior management at the Group and Branch level functioned ethically

and in the best interests of the owners. As result the overheads were

reduced by 30%.

. Discontinued with certain product lines with low margins and high risk

of delayed collections. Revised the product mix to and improved the

margins. The increased margins improved the bottom-line by 8%.

ACCOUNTING MANAGER, BRANCH (Internal Transfer)

2010-2011

TORBRAM ELECTRIC SUPPLY (TES), Toronto ON (sister Company of City

Electrical Factors, UK & UAE)

Selected to develop and implement detailed, accurate accounting and the

branch level and Management Information System including processes and

procedures for the manufacturing and trading company in the Electrical

field.

SELECTED CONTRIBUTIONS & ACHIEVEMENTS

. Carried out accounting & administrative responsibility for the

company, while record keeping and setting up procedures and processes,

preparing operational manuals and developing pricing policy of the

company's products at branch level operations.

. Contributed invaluable support to branch managers in the application

and interpretation of accounting procedures, reports, policies and

systems at the branch level to ensure timely implementation of

policies and directives, at branches.

GROUP FINANCE CONTROLLER

2005-

2010

CITY ELECTRICAL FACTORS, Dubai, United Arab Emirates & Middle East Region

(sister company of TES, Canada & UK)

SELECTED CONTRIBUTIONS & ACHIEVEMENTS

. Set up the company from the beginning by organizing statutory and

legal compliances to obtain commercial licenses, acquiring properties,

banking facilities and working capital to spearhead set-up operations,

spanning 11 provinces and 3 countries in the Middle East including

UAE, Qatar and Saudi Arabia.

. Designed and implemented the internal controls, IT hardware &

software, recruitments, business plans which includes the payback

period with break-even analysis.

. Prepared due diligence and project feasibility reports recommending

expansion into other regions. This resulted in establishing additional

7 profit making branches

GROUP FINANCE CONTROLLER

1998-2005

AL HATHBOOR GROUP, Dubai United Arab Emirates

Responsible for planning, co-ordinating & controlling financial activities

at the corporate level for a conglomerate of 18 divisions of a 30 year old

company in the UAE with an annual turnover of $ 150 million, each division

functioning as an independent cost center.

SELECTED CONTRIBUTIONS & ACHIEVEMENTS

. Streamlined the banking and insurance activities for the entire group.

Company had accounts with more than ten banks and I brought this down

to dealing with only three banks. The interest rates and charges were

negotiated and obtained better facilities.

. Similar to above the Insurance portfolio was streamlined with just two

insurance companies offering all the coverage's at very competitive

premium rates. I received an appreciation from the management for

this.

. The internal controls and reporting was completely revamped by me and

put all the controls in place and ensured the accounting staff

complied with timely and accurate reporting.

. Prepared due diligence and project feasibility reports recommending

vertical & horizontal expansion. This resulted in increasing the

revenues by $50M.



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