Manager Accounting
Resume:
S. Ramanathan *, Norton Apartments,
Norton Rd,
Mandaveli, Chennai 28,
India
************@*****.***
( 968-****-****/9566 4873
Career Objective: Position with ample opportunity for growth & contribution
and to transform the personal knowledge, skills for Organization and
general benefits.
Summary of experience: 11+ years of work experience spanning over Internal
Audit, Management Consulting, Statutory Audit, Financial Accounting, and
Treasury.
> Present
Working with MB Petroleum Group, Oman as 'Internal Auditor - Group' since
May 2007 (with two Asst. Auditors reporting). MB Group is a dynamic and
fast growing group with operations in more than 15 countries in the world
and the group is engaged in Oil field services, Petroleum exploration &
production, Mining & minerals, Trading & Mfg, and investments. More
information on the group is available at www.mbholdingco.com, currently
reporting to Group Chief Internal Auditor and responsibilities of the
profile include:
o Conducting a Risk assessment for the group as part of audit planning and
identify the high risk and areas of focus for each of the entities/units
within the group.
o Planning, supervision and conduct of regular Internal Audits and Special
reviews/investigation and monitoring of audit resources;
o Finalisation of findings with function/operation / unit heads & follow
up on implementation;
o Presentation of audit/special review reports to CEO/GM/ head of the
departments and participate in Management meetings.
o Involved in development of Authority matrices, Bank Mandate and review
of policies & procedures for the group including manuals on HR,
Accounting, Purchase, Stores & IT;
o Involved in review of Budgets, Cash flows and comments/suggestions on
accounting issues;
o Involved in reviewing IT controls, new systems, implementations and
workflows; and
o Staff training, assessment, & continuous improvement on audit approach
and procedures.
> Previous
1) From 13th April 2006 to 15th May 2007
Worked as Manager - Internal Audit and Risk Management with Areva T & D
India Limited (with 2 qualified auditors reporting), Chennai (Corporate
office) reporting to Director Internal Audit. AREVA is based in France and
has its presence in all parts of the world. In India, the Company has its
presence in Transmission & distribution (Mfg. and turnkey Projects)
business. More information on the Company is available at www.areva.com.
Key responsibilities of the profile include:
o Involved in year on year risk assessment and preparation of annual Audit
plan (based on assessment and evaluation of risks and feedback from Unit
Heads);
o Co-ordination and supervision of field work, resource monitoring, visits
to units;
o Review, finalisation and presentation of the Audit report to Unit
Directors and other operational/functional heads;
o Initiating follow up on implementation status of the agreed action plans
previous audits;
o Presentation of summary of reports on quarterly basis to Director -
Internal Audit;
o Training and appraisal of Assistant Managers and assignment feed backs.
Apart from reporting to Director, the job also involved interactions with
Areva, France Internal Audit dept to discuss on key audit issues,
continuous improvements of Auditing standards and procedures (Areva audit
procedures are based on COSO). Visited France twice for Training and
annual convention purposes.
2) From 3rd September 2004 to 11th April 2006
Worked as a 'Senior Consultant' (equivalent to Manager) with AF Ferguson &
Company (AFF), Consultancy division at its Chennai office, reporting to
Director - Southern Region. AFF is a Member firm of Deloittes, Haskins and
Sells. The Consultancy division is in existence for more than 30 years.
Initially joined as Consultant and promoted as 'Senior Consultant' within
6 months and generally in every assignment led a team of at least 2
qualified consultants.
Key assignments handled (as supervising and operating consultant) are:
Internal Control, Due diligence and valuation
o Conducted an assignment for an International Funding agency- review of
internal control systems, financial management, and monitoring system of
their Tsunami Rehabilitation Project, Tamil Nadu. Review includes visits
to various places, interviewing beneficiaries (public), social group
heads and analysis of benefit schemes, physical distribution.
o Supervised a special Investigation for a Public Sector concern on behalf
of BIFR. This involved review of 3 years records, meeting various
internal and external agencies/officials, a complete analysis of
financial accounting and reporting for 3 years.
o Involved in conduct and supervision of Due-diligence and valuation
assignments, including drafting MoUs which involved investment analysis
and advice on mode of settlement.
Financial Accounting
o Manuals -Involved in a study for preparation of National Municipal
Accounting manual for Urban Local Bodies: the assignment includes
designing of inputs, report formats, budgeting formats and Chart of
accounts; setting of accounting systems consisting of uniform
procedures. The manual was prepared at a National level. Supervised a
similar project for a public sector co where in the study includes
costing and internal manuals also.
o Outsourcing assignment- Worked as Team Leader (4- 5 days a month) in an
assignment for one year where in AFF has provided financial accounting
services for a Software MNC (Extreme Networks) based in USA. The
responsibility includes review of monthly accounts, MIS and financial
statements apart from making a monthly performance report on the issues
of internal controls and taxes/laws deviations noted. Assignment also
involved statutory audit coordination, active interactions with US
counterparts, advise on statutory matters, payroll software.
3) From 20th September 2001 to 28th August 2004
Worked for Moore Stephens, Chartered Accountants, Muscat as Auditor. Moore
Stephens is one of the top 20 accounting and consulting firms and is
active internationally for over 50 years. It has 391 offices in over 70
countries with staff strength of almost 10,000 people. The office in
Muscat is a member firm of Moore Stephens, London and is managed by a
British and an Indian partner. During the tenure of 3 years independently
handled statutory audits, internal audits and other special reviews;
Responsibilities and areas of exposure include
o Planning, Co-ordination and Supervision of field work/visits
o Finalisation of financial statements (as per IAS/IFRS standards),
drafting of auditors report, management letters and holding closing
meeting with clients;
o Preparation and submission of income tax returns and assisting clients
in tax planning;
o Internal audits involving evaluation of the existing accounting systems,
internal controls, evaluation of concentration risks and analysis of
variances at various production processes
o Conduct of special reviews/investigation as per the requirement of the
clients.
List of Major Clients and Industries handled
o Statutory Audit and Other Assignments - Two Major Insurance companies of
Oman- OUIC and AL Ahlia Insurance; Major manufacturing concerns (AKPP,
Port Services,Modern Poultry, etc), trading, travel and broking
companies.
o Internal Audit -Major Companies - National Gas, Oman National Electric,
Tajeer Finance, OHI Telecom Group, Oman United Agencies, Oman Cables,
etc
4) From 1st June'99 to 17th September 2001
i) M/s Petro Araldite Private Limited, Chennai, India (from Sep'00 to
Sep'01), a subsidiary Company of Huntsman Advanced Materials (India)
Private Limited, Mumbai, India (a Subsidiary of Huntsman Corporation,
Belgium) manufacturing epoxy resins (ARALDITE) held jointly with Tamil
Nadu Petro products Ltd, Chennai, India. As Accounts Officer reporting to
Head-Finance of the Company and responsibilities include:
o Monthly closure of books and submission of MIS reports;
o Supervision of GL/ AR and follow up on routine;
o Preparation of Budget and periodical variance analysis report;
o Responsible for excise duty and sales tax accounting, reconciling,
remittances & returns;
o Dealing with Taxation and Sales tax assessments; Coordinating with,
Tax, Internal, external auditors of the Company and with Sales tax
consultants;
o Represented the Finance department during SAP implementation.
ii) HP India Pvt Ltd (formerly known as Compaq Computer India Pvt Ltd),
Bangalore, India, 100% subsidiary of (Jun'99 to Aug'00) under deputation
reporting to Manager (Finance/Treasury)
o Funds monitoring, transfers and daily reporting; Negotiating with banks
for Letter of credits/bank guarantees in favour of Suppliers and
Customers and reporting;
o Liasioning with Banks for accepting/negotiating import bills, amount
and exchange rates for remittances and submission of Bill of entries;
documentation & accounting;
o Review of monthly bank charges/commn and exchange loss and reporting
with justifications; Review of import bills payable and reporting for
funds forecasting
o Processing of credit claims from Channel Partners, and Inter /group
company and bank reconciliations and follow-up
Education
Bachelors Degree in Commerce -May 1997, University of Madras
Professional
A.C.A - The Institute of Chartered Accountants of India - May 1999
1. Apprenticeship - 2 years (09 Feb 1996 to 22nd Mar 1998) under the
regulations of the Institute of Chartered Accountants of India, with M/s
Anand and Ponnappan, Chartered Accountants, Chennai - 18. (Mainly exposed
to concurrent, internal, revenue, inspection audits of various Nationalised
banks)
2. Industrial training - 1 year (23rd Mar 1998 to 3rd Apr 1999) under the
regulations of the Institute of Chartered Accountants of India, with M/s
Indian oil Corporation, Southern region, Ch - 34
Computer Proficiency & Other membership
Good working knowledge of MS-office and hands on experience in ERPs such as
SAP, Oracle Financials and AS 400 and various other accounting packages
(VB, SQL & Tally).
Personal
Date of Birth and Age - 6th June 1977 (33 years)
Father's Name - P. Sankaran
Marital Status - Married
Passport details - Issued at Muscat & valid upto 2018
References: On request
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