SAPNA WADHWA, MBA(Fin), C.A.(Inter), B.COM(H)

Apt # 806, 1477 Mississauga Valley Boulevard,

Mississauga L5A 3Y4

Phone No. 289-***-****, Cell: 647-***-****

Email: abl90t@r.postjobfree.com; abl90t@r.postjobfree.com; abl90t@r.postjobfree.com

HIGHLIGHTS OF QUALIFICATIONS

. Over 12 years experience in finance and accounting

. MBA (Finance) (WES Canada evaluated); Chartered Accountant-

Intermediate and Bachelor of Commerce (Honors); Pursuing EMBA

from University of Notre Dame.

. Achievement of reducing foreign exchange costs by 10% through

renegotiating Forex rates with bankers

. Excellence in Full Accounting Cycle, financial trends and

variance analysis, preparation of budgets, Operating Plan/

Strategic Plan and Management Reporting (Month end etc.) as per

GAAP and IFRS

. Multinational experience with Penguin Books and Citigroup

. Expertise in strategic planning, financial statement preparation

and internal controls

. Successfully reduced 1 day in the business process and

subsequent overtime costs through in-depth analysis and

reengineering of reporting process

. Proficient in MS Office, ERP, Oracle- Hyperion (PRIME), P2P,

People Soft, Book Master, IDS- Customized Property Management

Software and Business Intelligence (B.I.)

LAST JOB -A.P.Supervisor/ Manager in Financial Control with CITI CARDS

CANADA (April 2008 to April 2009):

Worked on Oracle based system [Procure to pay (P2P) & People soft], I

was responsible for -

. Verifying & Authorising payment requests from all over NAM for

appropriate codes and policy compliance.

. Communicating with the vendors for resolution of issues &

informing them about procedures/ policies etc., facilitating

smooth transition;

. Coordinating with the other departments for payment related

matters and educating/ training their staff for assuming the

role and be self sufficient;

. Looked after wire payments (intercompany) and coordinating with

counterparts from teams in other business groups / countries

executing / handling the same and training them;

. Other tasks as & when assigned as a separate project.

PREVIOUS JOBS (Permanent)

SENIOR FINANCE MANAGER 1st AUG. 06 -

14th SEPT. 2007

PENGUIN BOOKS (A SUBSIDIARY OF PENGUIN PUBLISHING CO. U.K.) - A

PEARSON GROUP COMPANY

As Head of the Finance, I was responsible for the entire gamut of

finance and accounts, supervising a team of ten and reporting to

'Group Sr. V.P (Finance)' and 'C.E.O. & President'.

During my tenure the company upgraded its ERP package and I was

coordinator from India for the Project and in charge of the 'ERP

FORUM' India, co-ordinating with other Penguin offices, mainly -

Australia, U.K.

Financial Management and Control

. Managed overall financial aspects of the business and provided

leadership and advice / direction in day- to-day operations

. Supervised activities of a team of 10 employees and ensured

effective coordination of operations through regular status updates

and debriefing sessions

. Conceptualized and devised internal control measures resulting in

process improvements and streamlining of financial operations

. Coordinated with external and group auditors to provide accurate

financial reports for statutory, tax and transfer pricing audits

. Supervised the sales accounting and Inventory movement, analyzing

ageing reports, initiated in person meetings and follow up with

customers; managed the accounts receivables to reduce DSO. In

charge of clearing all outstandings in conjunction with sales and

marketing.

Strategic Planning and Analysis

. Facilitated strategic and business planning -- Compiled, analyzed

and reviewed budgets, forecasts, Strategic Plans, Operating plans

valued up to US$14 Million in coordination with finance team

. Conducted in depth analysis of inventory including title

profitability in business planning

. Assisted C.E.O. & President and marketing department in developing

financial packages and innovative pricing strategies for new

initiatives, publishing contracts/ joint ventures.

. Coordinated with departmental managers to introduce cost reduction

strategies in functional and administrative areas

. Managed and oversaw implementation of operating expenses budget

valued at US$ 4 Million p.a. (OPEX) and capital expenses (CAPEX)

budgets

General Accounting, Reporting and Treasury Management

. Oversaw preparation of financial statements in accordance with

statutory regulations and forwarded to stakeholders including

management, group and tax authorities

. Monitored and ensured compliance of corporate SOPs' through regular

procedural review

. Managed funds and cash flow including day to day banking and

payroll in coordination with accounting team

. Updated training, accounting procedural and ERP manuals on an

annual basis

. Managed and oversaw effective timely disbursement of Royalty

payments and its analysis. Lead the team for testing and

commissioning of Royalty Module.

. Reconciled, integrated and consolidated financial statements on a

monthly basis and generated timely reports for submission to

management

. Responsible for Financial and Management Reporting (Month End and

other periodic reports).

SPECIAL ACHEIVEMENTS:

. Achievement of reducing foreign exchange costs by 10% through

renegotiating FOREX rates with Bankers

. Successfully reduced 1 day in the business process and

subsequent overtime costs through in depth analysis and

reengineering of reporting process

. Developed healthy relations with external customers, say,

authors, debtors, creditors by promoting healthy customer

service practices in the department.

SENIOR MANAGER ACCOUNTS 1st AUG. 1998 -

31st JULY 2006

DALMIA RESORTS INTERNATIONAL PVT. LIMITED

Heading at corporate office the finance function of seven group

companies engaged in managing and running Hotels and Resorts (Pioneers

of resorts concept in India), I managed and supervised entire finance

team.

Corporate Finance Function

. Oversee preparation, maintenance and consolidation of financial

statements & presentation of final reports to the management at

corporate level including those of individual Hotel properties

with multiple Restaurants.

. Preparation and presentation of budgets for all the hotel

properties having multiple restaurants.

. Strategic analysis and presentation of MIS reports and

recommendations to the management both for the national &

international operations.

. Fund planning and management

. Coordinating with other departments and also looking after their

needs viz a viz accounts/ finance department.

. Active dealing with Income Tax, Sales tax / Luxury tax;

Personnel law departments.

. Insurance of the resorts and other assets and facilitating the

claims, if any, arises.

. developed new revenue & expenditure reporting formats to enhance

accountability and support modern controllership

BANK ING Operations (National & International Accounts)

. Supervision of all banking operations in almost hundred and

fifty bank accounts and active liaisoning with all the banks

throughout the country & abroad including Foreign Banks.

. In charge of banking, fund/ cash forecasting & its management.

Strategic Planning and Pricing strategies & developmental Projects

. Provision of business advisory services to the management.

. Development of the financial packages for hotel properties and

innovative pricing strategies taking into consideration the

forecasted customer volumes to be handled, competition and the

resources available.

. For various developmental projects undertaking financial

feasibility studies and financial structuring of proposals for

optimal ROI and suggesting and devising the Growth plans for the

organization.

. Development of Bankable proposals for availing financing from

commercial banks / Financial Institutions.

. Led projects to evaluate the effectiveness of existing

procedures.

AUDIT and COMPANY LAW AFFAIRS

. Managing and getting the Statutory as well as Internal Audit

done for the Company and coordinating with the auditors -

Statutory as well as internal.

. Supervising all the Company Law matters and getting all ROC

formalities done at corporate level & coordinating with the

Consultants for all matters related to Company Law Affairs.

SPECIAL ACHEIVEMENTS

. Conceptualized and evolved various internal controls in day to

day operations integrating various functions.

. Implemented a uniform system of accounting and reporting for the

whole group and individual properties

. Got successfully released huge funds from banks that were

blocked by way of T.T.'s / M.T.'s lost in transit.

Sr. Executive (Finance & Accounts) (JANUARY 1996

- JULY 1998)

INTEROCEAN SHIPPING INDIA PVT. LIMITED - a leading Shipping Services

and Management Company

Project Finance and feasibility studies

Worked with team of highly qualified professionals on following multi

crore infrastructural projects, job included preparing project

reports, making Cost Benefit Analysis and Arrangement of Finance for

the projects

. Submission of bid in relation to a Govt. Tender (Port Trust) to

set up of a 2.5 MW captive power project, Steel Rolling Mill

project, Nepal; Power projects- preparing project reports and

their financing.

. Successfully completed a project pertaining to acquisition of a

ship and its financing.

Income tax:

. Calculation of Tax Liability, Preparing income Tax Returns and

Tax Planning.

. Supervising TDS calculations, its deduction & deposit into

treasury, preparing / submitting returns.

. Attending income tax cases on behalf of the company.

Bank Laisoning: Looked after all the foreign inward remittances for

the group as a whole, selling the dollars in the market and making

decision for investing the moneys in high yield investment

opportunities in market.

SPECIAL ACHIVEMENTS:

. Developed proposals based on feasibility studies regarding

availing finance from lending institutions resulting in grant of

US$1.08 million in approved loans towards asset acquisition.

SPECIALISED TRAININGS ATTENDED:

- "Strategy into Action", Master Classes by Dan Laughhunn & Don

Hambrick of Duke Corporate Education

- Attended in Australia - Finance Forum - Finance training by team

of Golden West Consulting, Auburn CA & "Negotiation skills".

- B.I. (Business Intelligence) and Hyperion - functional training.

- Training in Credit Risk Management by ABC Group consultants -USA

- P2P & People Soft (General Ledger), ORACLE, Hyperion, BOOK

MASTER/TMS 7.2, 7.3 (ERP sys.), B.I.

- Lateral Thinking by De Bono & other training programmes.

- AML and other Compliance related trainings as required by Citi

Cards Canada

REFERENCES: AVAILABLE ON REQUEST

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