RADHEY SHYAM VAISHNAV

CPA, CMA, CIA (USA) and CA (India)

Mobile: +971**-*******

E-Mail: acr0vj@r.postjobfree.com; acr0vj@r.postjobfree.com

CV FOR CHIEF FINANCIAL OFFICER (CFO)

Career Objectives :

To pursue a challenging, stimulating and rewarding career opportunity as CFO to achieve sustainable and long term growth of the organisation and facilitate the achievement of organisation objectives leveraging my talent and capabilities effectively and efficiently.

My Profile as Chief Financial Officer (CFO) / Finance Director

Professional Snapshot :

Over 23 years (12 years in Dubai) of cross culture experience in Finance and Accounts.

Working as CFO over 8 years (since 2006) in UAE, Oman and Kuwait.

Qualified as CPA, CMA, CIA (USA) and CA (India)

Working in coordination with the board of directors for overall growth of the firm and increase the revenue generation ability. Attend Board meeting, prepares related documents for the board.

Experience in Finance and Accounts function, corporate Strategy, Budgeting and business plan, Taxation, Audits, Systems Implementation, co-ordination with Credit Rating Agencies.

Hands on experience of working on latest ERP systems like Oracle 11i and JD Edwards–One world, Orion and various customised systems.

Proficient at managing, training and motivating multiple team handling diversified functions.

An effective communicator, with an ability to motivate others to be successful,

Strong performance manager with drive and enthusiasm to succeed as part of a team and deliver outstanding results, Positive attitude, pro-active and capable of thinking out of box

As CFO, demonstrated business acumen in leading and managing operations effectively, discharging functions & achieving higher rate of growth under existing corporate as well new organisation set up

Educational Qualifications :

(A) Professional Qualifications :

Certified Public Accountant (CPA) - American Institute of Certified Public Accountants (AICPA) - Colorado State (USA) 2004

Chartered Accountant (C.A.) - from the Institute of Chartered Accountants of India, New Delhi (India) in 1991.

Certified Management Accountant (CMA) and CFM Institute of Certified Management Accountants (ICMA), New Jersey(USA) 2006

Certified Internal Auditor (CIA) - The Institute of Internal Auditors, California, USA in 2008

Certified Financial Analyst (CFA) Level I passed, Pursuing CFA level II

(B) Academic Qualifications :

M.Com. - from University of Rajasthan, Jaipur (India) in 1989.

B.Com. (Hons.) from University of Rajasthan, Jaipur (India) 1986

Major Achievements :

Played a key role in the implementation of :

ERP implementation – Oracle, JD Edwards, Orion, Focus, BaaN,

Property Management System for Dubai Investment Park.

Processes and procedures

Arranged Bank Loan and Credit facilities from various bank, AED 1,400 million in one company.

Saved finance costs by effectively negotiating with banks on interest rate and other charges.

Instrumental in formulating Long term Comprehensive Corporate Strategy for the company.

Dealing with Credit Rating Agencies and getting Credit Rating for the Company.

Prepared feasibility Study, Cash flow and overall financials for the projects

Set up of proper Financial, accounting and reporting with new organisation

Established and built an efficient and motivated accounting team.

Performed cost analysis and accordingly took measures to reduce costs,

set up In-house Share Transfer Department in India (earlier outsourced)

Handled Taxation and Company Law matters in India (saved substantial amount on Taxation)

Job Profile - Core competencies

To provide support to the CEO and Board in accordance with the corporate vision and business strategy; providing key advice on external influences and their potential impact on the business.

Attend the board meeting and other committee meetings. Prepare documents for such Meetings,

Review and Present annual budget, Periodically Compare actual results with budget and report variance analysis, finding root causes of adverse variance and suggest necessary corrective action.

Take a lead role for formulating the “Comprehensive Corporate Strategy” for the company, co-ordination with consultants, Board and company management & team & implementation thereof.

Determining financial objectives as per Corporate Goals. Heading financial functions designing and implementing systems for achieving the corporate objectives.

Actively support the business in monitoring performance of key business units and actions laid in strategic & operating plans, identify opportunities, mitigate risks and optimise returns to shareholders.

Dealing with international credit rating agencies like Moody’s to get the credit rating of Company.

Liaison with banks and financial institution for the financing & placing of surplus funds as deposits.

Review Feasibility Study for projects and co-ordinate with project team for evaluation of projects.

Analysing capital structure and focus on optimal mix of Equity & Debt fund requirements.

Risk management - Ensuring adequate coverage & safeguards, measures to mitigate risks.

Complying with Corporate Governance like transparency, fairness, disclosure and accountability.

Regulatory Reporting - Ensuring accurate and timely financial & management reports are produced and submitted, in-line with CMA, Stock Exchange and Regulatory authorities guidelines and timeline.

Finalisation of the annual/Quarterly financial statements is in accordance with international accounting standards/IFRS and other required supplementary schedules & information, in compliance with laws, within deadlines and time frame for submitting financials to regulatory authorities.

Coordinate with Statutory Auditor, Internal auditor & Government Auditor in carrying of audit.

Undertaking Cost Benefit Analysis of each activity in business unit and new alternative.

Ensure proper Implementation of systems and procedures, review periodically for improvements

Review Monthly MIS reports – monitor financial position, profitability and Cash flow. Ensuring that the financial reporting for the business is reliable, accurate and timely manner.

Ensure that effective internal controls are in place and financial assets are properly safeguarded.

Experience Chronology

Allied Resources Group, Dubai, UAE 16 Feb 2015 to till date

The Australian company has gold mining and oil and gas exploration activities, their operation are mainly in Tanzania and Ethiopia, with Head quarter in Australia.

Position : Finance Director

Reporting to : CFO & CEO

Kuwait Investment Company (KIC) 29 Sept 2011 to 31 Jan. 2015

The company listed on Kuwait Stock Exchange (KSE), and 76% owned by Kuwaiti Government through Kuwait Investment Authority (KIA). KIC is 1st investment company in Kuwait and region and more than 50 year old company. It has US$8 billion assets under management and Its main activities includes investments and assets management. KIC carries wide range of investments and financial activities.

Position : Chief Financial Officer (CFO)

Reporting to : Chairman & CEO www.kic.com.kw

Global Omani Development & Investment Co. SAOC Muscat 1 Sept 2009 to 28 Sep 2011

The company’s activities includes Real Estate Development and operation of Business Centre. One of largest private Equity company, which has investor from across the GCC countries. Its projects includes development of all kinds, industrial, commercial, residential, hospitality, mix use project retail etc.

Position : Chief Financial Officer (CFO)

Reporting to : Chief Executive Officer (CEO) www.glorei.co.om

Dubai Investment Park (DIP) and DI Real Estate, Dubai 3rd Sept 2006 to March 2009

The companies are part of Dubai Investments PJSC, a listed company on Dubai Financial market (DFM), DIP is mixed use project that has total area of 35 Million square meter land leased for various purposes like Residential, commercial industrial, hotels, warehouses and infrastructure development etc. DIRC Primary activities of the company was Property development and leasing. I was CFO for both Co.

Position : Chief Financial Officer (CFO) www.dipark.com

Reporting to : General Manager and Chairman www.di-realestate.com

Omniyat Properties, Dubai Feb 2005 to Aug 2006

The company was part of well know Almasa Group which has IT background and started property development activities in Dubai, which includes development of residential and commercial properties and leasing activities. Omniyat is a privately held Real Estate Development and service related company.

Position : Senior Finance Manager

Reporting to : Group Finance Director and Chairman www.omniyat.com

Emaar Properties Group, Dubai April 1999 to Jan 2005

The company is a reputed and well known company in Real Estate Sector in UAE, listed on Dubai Financial Market (DFM) and a semi-Government company. Its activities includes Real Estate Development in Dubai and internationally, leasing and hospitality.

Position : Finance Manager

Reporting to : Chief Financial Officer www.emaar.ae

Belhasa Six Construct Ltd (BESIX), Dubai 14 Oct 1997 to April 1999

Multinational construction company engaged in construction of real estate projects, I was deputed for the Emirates Hotel Tower project, it was joint venture between Six Construct (Belgium based company Besix and Korean based company Ssangyong). Six construct also a partner in constructing Burj Khalifa Tower.

Position : Chief Accountant www.Besix.com

Reporting to : Head of Finance and Project Director www.belhasa.com/construction_six.html

JOB EXPERIENCE IN INDIA :

Shree Krishna Polyester Limited, Mumbai, India Nov 1996 to Oct 1997

Group of companies having diversified activities in manufacturing of yarn, textile processing and Trading The company is a public limited Company and its shares were listed on Bombay Stock Exchange (BSE).

Position : Finance Manger cum CS

Reporting to : Chairman and Managing Director

Sumeet Industries and Jay Bharat Group Surat, India May 1993 to Oct 1996

Group of companies mainly involved in activities of manufacturing of POY yarn, Sarees and manufacturing and processing of dress material and trading and export of textile. The company is a public limited Company and its shares were listed on Bombay Stock Exchange (BSE)

Position : Finance Manager cum CS

Reporting to : Chairman and Managing Director www.sumeetindustries.com

Indian Rayon & Industries Limited, Calcutta, India. Dec. 1991 to April 1993 Unit : Jaya Shree Insulators, Rishra, Calcutta, India

The company is belong to prestigious and well known Aditya Vikram Birla Group. having diversified activities in manufacturing of Insulators, Textile and Cement etc. The parent company Indian Rayon is a public limited Company and its shares were listed on Bombay Mumbai Stock Exchange (BSE)

Position : Accounts Officer

Reporting to : Chief Manager Finance and President

Trainings Attended

CFO Middle East Forum – organised by Marcus Evans in Dubai May 2012

IFRS seminar organised by KPMG (2 days) – Kuwait, Oct 2011

IFRS seminar organised by Pricewaterhousecooper in Muscat in 2010

Presenting with Impact–Organised by Dubai Investments PJSC, Dubai in 2008.

Performance Management and Objectives: Organized by Emaar Properties PJSC, Dubai in 2003.

International Financial Reporting Standards “The Global Framework” organised by

Emaar Properties and conducted by Ernst & Young in Dubai in 2003.

“As is Should be” Process Re-Engineering organised by Emaar Properties in Dubai in 2001.

Computer Courses Completed

IOM, Singapore: Training for Oracle Accounting Software for GL, Accounts Payables (A/P), Accounts

Receivables (A/R), Fixed Assets and Cash Management in 2004.

Oracle, Dubai: Training for Oracle Discoverer Reporting Tool in 2004.

Delma Computer System: Training for JD Edwards modules like General Accounting,

Accounts Payables (A/P), Accounts Receivables (A/R), and Fixed Assets in 2002.

Computer Proficiency

(A) ERP & Other Accounting Software:

Oracle 11i, J.D. Edward – One world,

Orion, Focus,

Peachtree, Tally 5.4

and other customized accounting softwares.

(B) Office Applications:

MS Office Suite :

Microsoft Excel, Microsoft Word,

PowerPoint, Microsoft Outlook

Internet applications Windows XP

Personal Details

Date of Birth : 1st December, 1967

Nationality : Indian

Driving License Details : UAE and Kuwait Driving License

Marital Status : Married, (dependent - Spouse and 2 kids)

Languages Known : English, Hindi and Arabic (Basic)

References : Available upon request

Contact detail : +971**-*******,

Address (Dubai) : South Ridge 4 Flat 501 (own property), P O Box 48987 Dubai

Email : : acr0vj@r.postjobfree.com acr0vj@r.postjobfree.com

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