Post Job Free

Resume

Sign in

Manager Management

Location:
Qibla, Kuwait City, Kuwait
Salary:
KWD1,500
Posted:
August 09, 2019

Contact this candidate

Resume:

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

ac91au@r.postjobfree.com

+965-****-****

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



Contact this candidate