Offering over * decades of rich & extensive global experience in
spearheading finance and accounts operations including consolidation, finalisation and monthly / quarterly closing
Custodian of financial analysis, internal & regulatory reporting, accounting operations, budgeting & forecasting that led to long-term cost savings and improved profitability & productivity
Established a working relationship with Auditors, Banks, Ministry of Health (MOH Kuwait) Tenders & Projects and other Ministries, Suppliers & Customers and implemented significant improvements in accuracy and timeliness of fund management and reporting
Prepared and presented weekly and monthly management reports on cost and benefit analysis, productivity analysis, inventory turnover analysis and cost variance analysis
Supervised all tax compliance and submissions covering European Taxes - VAT including tax planning, returns, assessments & appeals
Extensive working knowledge of IFRS and regulatory compliances; enhanced financial processes through initiatives geared towards lowering risk, heightening productivity & improving internal controls
Process improvement initiatives: ERP implementation as well as adherence to regulatory / internal policies / procedures
Supervised payroll for 350+ employees; monitored adherence to payroll related compliances along with employee loans, leave, indemnity
& calculating final dues
Successfully devised and effectuated risk policies, managing wide risks and implementing effective mechanisms to mitigate the same; led large internal audits, developing audit work plans designed to accomplish audit objectives and in compliance with requirements
Hired more qualified accounting & auditing staff, emphasised on increased training and improved morale amongst staff Since Sep’17 with AM Oil - Republic of Albania – FK Group Kuwait as Finance Manager
Key Result Areas:
Spearheading Accounts, Finance, HR & Administration of entire company as dictated by the overall strategy agreed by the Board of Group
Responding to matters that emerge from appropriate referring bodies
(CFO, and other Senior Executives)
Steered various finance & control operations including stakeholder engagements, KPI management, analytical reviews, revenue and expense analysis, cash & bank management, sales analysis & planning and management reporting
Developed a range of financial and management reports for variance analysis & improvement strategies; prepared monthly / annual budget & ad hoc MIS reports to facilitate decision-making by top management
Experience in process improvement projects based operational excellence initiatives with respect to cost, resource deployment, time overruns and quality compliance including automation of reports & ERP implementation
Monitoring:
o Maintenance of accounting records & documents (invoices, records, accounts, VAT returns) as per regulatory standards and formatting o Submission of timely reports to Tax Authorities containing transactional-level data
***********@*****.***
Finalisation & Consolidation of Accounts
Financial Analysis & Planning
Internal Financial Controls
Budgeting and Forecasting / Variance
Analysis
Auditing (Internal / Statutory)
Funds Management
Cost Assessment and Controls
Statutory & Regulatory Compliances
Finance Controllership
Treasury Operations
Taxation (Direct / Indirect)
MIS Reporting
Accounts Payables & Receivables
Risk & Credit Control
Reconciliation
Payroll Process
ERP Implementation
Liaison & Coordination
Communication
Problem Solving
Negotiation
Critical Thinking
Team Leader
International Financial Reporting and
Standards (IFRS)
Oracle (ERP), Microsoft Dynamics AX-2016
(ERP), Microsoft Dynamics GP, QuickBooks,
Tally (ERP-9)
Microsoft Office 365 Email System,
Microsoft Office 2016 & Microsoft Outlook
2016
External Auditor training from Canara Bank,
India
MBA (Finance) from Mahatma Gandhi
University (MGU) Kottayam, Kerala, India
Post Graduate Diploma in Business
Management from Management Studies
Promotion Institute, New Delhi, India
B.Com. from University of Kerala,
Thiruvananthapuram, Kerala, India
ANIL KUMAR
FINANCE MANAGER
Senior Finance & Accounts Professional with extensive experience in managing entire financial transactions, reporting and policies while implementing complex business processes and operational improvements
Location Preference: Middle East (GCC) / Africa
Work Experience
Contact
Core Competencies
Profile Summary
Soft Skills
Trainings
Education
Maintaining an on-going communication with the Executive Chairman and Board of Directors
Defining the internal accounting, financial reporting and financial control standards, policies & procedures; steering preparation of Profit & Loss statements, monthly closing & cost accounting reports
Developing and reviewing budget, revenue, expense, payroll, invoices, and other accounting documents
Analysing revenue & expenditure trends and recommending appropriate budget levels to ensure expenditure control
Conducting internal audits and providing information to external auditors
Addressing all tax related issues and supervising timely payment of taxes, duties and levies
Directing preparation of account reconciliations and presenting financial positions every quarter in Board Meeting to obtain approval on Financial Statements; formulating audit schedules
Issuing periodic and ad hoc management reports & presentations; monitoring the business performance, analysis and result
Drafting overall HR policies and procedures along with competency mapping, performance modules and employee relations management Jul’13 – Jul’17 with FK Group, Hawally, Kuwait as Finance Manager Key Result Areas:
Controlled Ministry of Health Tenders, Review of information about demands and derivation of supply and proposal preparations, Clarification of bid conditions and management of the tender preparation, monitoring of the bid management in order to ensure it is aligned with the organization's requirements, Contribution in cost and price calculations.
Controlled the cash flow, understood the sources and uses of cash, and maintained the integrity of funds and other valuable documents
Received & disbursed the company’s money and securities including authority to establish accounting policies and procedures for credit & collections, purchasing, payment of bills, and other financial obligations
Managed entire day-to-day finance operations & accounting transactions while leading, managing & monitoring a team of 26 Accountants
Ensured that all finances were properly administered and monitored, including risk and credit control
Reviewed the operational costing reports; prepared the annual budget and business plan
Analysed Strengths, Weaknesses Opportunities, Threats (SWOT); developed & maintained cordial working relationship with auditors, banks, ministries, suppliers and customers
Nov’09 –Jul’13 with Gryphon Holdings, LLC (U.S.A.), Gryphon Airlines, Hawally, Kuwait as Finance Manager
Key Result Areas:
Evaluated subsequent revenue adjustments to identify problems in revenue processing; analysed other revenues by locations (for examples, ticket change fees, baggage, excess baggage, and upgrade fees) to identify changes in the trend
Computed the no. of pax (passengers) in every flight on every route for a month to prepare for 3/ 6/ 9/ 12 months period
Calculated the seat occupancy ratio; compared the contribution achieved on all routes/ flights with the occupancy ratio on the same flights/ routes to identify the most profitable routes/ flights
Formulated profitability & cost saving strategies in various operations throughout airlines including revenue & expenses, rentals, cargo management, booking system, media / advertising, aircraft maintenance Aug’97 – Oct’09 with Al-Homaizi Group, Shuwaikh, Kuwait as Chief Accountant
Key Result Areas:
Controlled Foreign Principal’s complete Cash flow from the buyer-level
Formulated financial budget including monthly sales, cost of sales (vendor wise) and gross profit & expenses account
Date of Birth: 28th April 1960
Languages Known: English, Hindi, Malayalam,
Basic Arabic.
Address: Office 82, Al Othman Tower, Hawally,
Kuwait.
Nationality: Indian
Passport Details: S9921622
Visa Details: Kuwait Transferable Visa / Europe
(Albanian) Visa
Driving License Details: Kuwait & India Licence
Marital Status: Married
Number of Dependents: 3
Personal Details
Since Sep’17
Oct’91– Jul’95
Sep’95 – Jun’97
Al-Samya National Co.
Aug’97– Oct’09
Al Homaizi Group
Nov’09 –Jul’13
Jul’13 – Jul’17
Career Timeline
Aug’87– Oct’91
AMD Oversees Private Ltd.
May’83 – Apr’87
Bharat Steel Tubes Ltd., (BST)
Liaised with Central Bank, NBK and Commercial Bank of Kuwait Officials for day-to-day banking related matters
Interfaced with external auditors & assisted in execution of financial audits; assisted in improving the company’s internal controls, policies, and procedures
Prepared budget variance analysis reports; directed and approved the financial accounting transactions
Ensured the integrity & accuracy of the financial statements including Balance Sheet, Profit & Loss Account, and cash flow statement
Reviewed the reconciled all cash accounts, accounts receivable and payable subsidiary balances monthly
Reviewed the monthly payroll process and entire related accounts of employee loans, leave, indemnity & calculating final dues Sep’95 – Jun’97 with Al-Samya National Co. (Al-Korafi National Group), Kuwait as Senior Accountant
Key Result Areas:
Review of information about demands and derivation of supply and proposal preparations.
Clarification of bid conditions and management of the tender preparation.
Monitoring of the bid management in order to ensure it is aligned with the organization's requirements.
Contribution in cost and price calculations.
Oct’91– Jul’95 with Jindal Photo Films Ltd., New Delhi, India, In Association with Fuji Films, Japan as Import Executive Aug’87– Oct’91 with AMD Oversees Private Ltd. (FOCUS-UK), New Delhi, India as Accountant
May’83 – Apr’87 with Bharat Steel Tubes Ltd. (BST), New Delhi, India as Assistant Accountant