PRADEEP AGGARWALA

Mobile: +971-********* ~ E-Mail: ac9sxc@r.postjobfree.com

Aspiring for assignments in Finance and Commercial Operations

Professional Snapshot

~ Result Oriented Professional ~

With 25 years plus of success driving benchmarks, setting growth & expansion for reputed organizations; with comprehensive skills & knowledge in:

Strategic / Financial Planning Financial Management & Control Business Planning

Commercial Operations Accounting Policies & Procedures Budget Preparation

Working Capital Management Logistics Management Cost Management

MIS & Reporting Framework Auditing and Taxation Operations Legal Operations

Contract Management Inventory Management Liaising / Coordination

SAP ERP System Implementation End to End Management

Responsible for formulating & executing business strategies to achieve operational & financial objectives in Manufacturing, Trading, Contracting, Retail, Sub Sea Services, Catering, Export, Manufacturing, FMCG, Transportation & Automotive industry.

Proven abilities in improving operations, enhancing business growth & maximising profits through the achievements in finance management, internal controls & productivity improvements.

Experienced in conceptualizing and implementing financial procedures and actively involved in the maintenance & finalization of accounts, working capital management, profit monitoring and building internal financial controls; conducting ageing analysis, preparing key reports to exercise financial control and enhance overall efficiency of the organisation.

Adept at development of financial policies/guidelines for effective fund management.

Deft in developing MIS reports, and liaising with banks & government bodies for obtaining necessary sanctions.

Successfully developed new business models & redefined business processes to remain competitive in the changing global environment.

Acquired detailed knowledge in ERP SAP and Tally 9.1.

Keen analyst with exceptional communication, negotiation and relationship management skills. Solid record of contributions leading to lowered risk, heightened productivity & enhanced internal controls.

Lateral thinking, connecting up apparently unrelated information, time as well as cost-efficient approach, identification of important parameters, value analysis, Financial Engineering and restructuring well mixed with Presentation skills..

CORE COMPETENCIES

Financial / Business Planning: Heading finance functions involving determining financial objectives, designing & implementing systems, policies & procedures to facilitate internal financial control. Performing key role of validating business plans & commercial strategies for maximizing profitability & revenue generation in line with corporate goals. Providing financial and operational analysis and interpretation to drive improvement in performance across Retail.

Finance & Accounts: Designing and implementing systems & procedures; supervising the consolidation of group and financial statements in a computerized environment (SAP, ERP and Tally) as per IFRS accounting practices. Overseeing production of annual and interim consolidated accounts.

Commercial Operations: Planning, directing & maintaining store operations; assigning and evaluating work performance of personnel assigned to the store. Reviewing stock management systems to identify areas of risk and set direction to reduce losses. Setting up, adhering and improving Store Operating Procedures (SOPs).

Budgeting & Fund Management: Formulating annual budgets and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions. Liaising and negotiating with banks for raising fund and non-fund based facilities to finance working capital requirements from time to time. Overseeing treasury functions including optimum utilization of surplus funds; controlling management of funds & securities ensuring pay-in/ pay-out of funds in time without fail.

MIS Management: Supervising preparation of MIS Cash & Fund Flow Statement, Balance Sheet, Audit and other Financial Reports to provide feedback on financial performance, viz. fund management credit control & profitability.

Auditing and Internal Control: Coordinating in complete planning & management activities for ensuring completion of internal & statutory audits within time. Handling internal audits and taking corrective action and ensuring that there is no SOP violation and negative audit comments.

ERP Implementation : Coordinating between the users and the ERP consultant and setting up the right base for the complete integration of all aspects of the company’s operation in the successful ERP implementation . This would involve the right integration of accounts with purchases, sales, fixed assets, inventory and payroll so as to provide the management correct reports so as to take timely corrective action .

Organisational Scan

Since Dec ‘ 18: Group of Companies, Dubai as Finance Manager

This Group of Companies is engaged in Designing,fabrication, blasting, painting, fireproofing and erection of structural steel and non-structural components for industrial, commercial, residential, oil & gas, utilities and infrastructure projects for more than 30 years . This group has manufacturing facilities in Dubai industrial Park and Al Quoz and also trading companies ( selling products relating to blasting, painting, fireproofing ) in U.A.E & GCC . The group is expected to have an annual turnover of more than AED 150 Million as the manufacturing plant in Dubai Investment Park ( covering an area of 200,000 sq. feet with all facilities ) has started operations in Nov 2018 and is expected to generate standalone revenues of more than AED 80 Million in the first year .

Key Deliverables:

Steering end to end financial operations in including financial & business planning, budgeting & costing and corporate compliance.

Focussing on methods of improving profitability in every organisational decision making process including evaluation of business proposals, negotiation, risk management, contracts and commercial relationships.

Leading annual strategic planning and budgeting processes including setting operation & financial targets.

Preparing, coordinate, and consolidate in-year and mid-month forecasting including challenging and influencing forecasts, lead cost improvement initiatives, drive business results.

Managing and developing growth of the business by actively engaging in the process of decision making by defining financial parameters, evaluation norms, SOP’s, SAP’s and their implementation.

Preparing for M.I.S consolidation, Auditing and also ERP implementation across all the group companies .

Ensuring compliance with all legal & commercial issues .

Nov ‘ 16- Oct 18 : ACC Gen Trading LLC, Dubai as Financial Controller

ACC Gen Trading LLC and its group companies ( having an annual turnover of more than AED 200 Million ) comprise of the following :-

(a ) Trading Companies - engaged in the Trading of Building Materials and export to India and to GCC .

(b) Ready Mix Plant in Abu Dhabi that is engaged in manufacturing of ready mix .

(c ) Rock quarries in Fujairah producing Gabro and Limestone ( total production capacity more than 100 million tonnes ) .

(d) Transportation company that is engaged in Transportation of building materials for the group companies and third parties

(e) Restaurants in Dubai .

( f ) Contracting companies in Dubai & RAK which are involved in MEP and fabrication of steel structures .

Key Deliverables:

Steering end to end financial operations in including financial & business planning, budgeting & costing and corporate compliance.

Focussing on methods of improving profitability in every organisational decision making process including evaluation of business proposals, negotiation, risk management, contracts and commercial relationships.

Leading annual strategic planning and budgeting processes including setting operation & financial targets.

Preparing, coordinate, and consolidate in-year and mid-month forecasting including challenging and influencing forecasts, lead cost improvement initiatives, drive business results.

Managing and developing growth of the business by actively engaging in the process of decision making by defining financial parameters, evaluation norms, SOP’s and their implementation.

Preparing for M.I.S, Auditing and also ERP implementation across all the group companies .

Ensuring compliance with all legal & commercial issues .

Attainments:

Consolidated an effective M.I.S in case of all group companies .

Restructured the accounts department for the full group so as to get the timely and proper reports for the management .

Defined and effectuated SOPs & SAPs for all the group companies .

Sep’ 15- Oct’ 16 : Cardz Group of Companies, Dubai as Financial Controller

This Cardz Group of Companies is engaged in Card Management Solutions with operations in GCC/ Africa / India, having an annual turnover of more than AED 100 Million. Card Management solutions includes Time Attendance solutions, Access Control systems, Card solutions, Finger print verification solutions and Parking systems to name a few in which the company is engaged in .

Key Deliverables:

Focussing on methods of improving profitability in every organisational decision making process including evaluation of business proposals, negotiation, risk management, contracts and commercial relationships.

Administered entire gamut of financial operations including accounts & finance, budgeting, forecasting,cost management and taxation activities in the company .

Managing and developing growth of the business by actively engaging in the process of decision making by defining financial parameters, evaluation norms, SOP’s and their implementation.

Attainments:

Consolidated an effective M.I.S in case of all group companies .

Defined and effectuated SOPs for all the group companies.

Dec’ 13- Sep’ 15: Discovery Group of Companies, Abu Dhabi as Finance Manager

The company is engaged in Contracting,( M.E.P ) Camps, Catering, Transport Business, Trading of Building Materials having an annual turnover of more than AED 200 Million.

Key Deliverables:

Focussing on methods of improving profitability in every organisational decision making process including evaluation of business proposals, negotiation, risk management, contracts and commercial relationships.

Administered entire gamut of financial operations including accounts & finance, budgeting, forecasting,cost management and taxation activities in the company .

Managing and developing growth of the business by actively engaging in the process of decision making by defining financial parameters, evaluation norms, SOP’s. SAP’s and their implementation.

Attainments:

Consolidated an effective MIS in case of group companies.

Defined and effectuated SOPs/ SAPs for all the group companies.

Dec’ 09 – Nov’ 13: Dulam International Limited, Dubai as Accounts Manager

The company is engaged in Sub-sea services having an annual turnover of more than USD 100 Million.

Key Deliverables:

Administered entire gamut of financial operations including accounts & finance, budgeting, cost management and taxation activities in the company.

Generated daily cash flow statement as per collection from debtors and planned payments to creditors under critical Financial Conditions.

Attainments:

Successfully implemented ERP system ( from Tally to Syros which was oracle based ).

Instrumental in achieving better functioning of the company by establishing proper internal controls and procedures and SOPs / SAPs .

Nov’ 07 – Nov’ 09: Bader Al Mulla & Bros, (Dubai Branch), Dubai as Accounts & Admin Controller

The company is engaged in contracting (M.E.P Projects), manufacture of ducts, dampers and transport refrigeration having an annual turnover of more than AED 200 Million.

Key Deliverables:

Administering complete finance, commercial and administrative functions in the company.

Involved in maintenance & delivery of consistent value & cost reporting, budgeting & forecasting activities, stated profits & margins and lastly performance measurement.

Attainments:

Successfully implemented ERP system.

Instrumental in achieving better functioning of the company by establishing proper internal controls and procedures & SOPs / SAPs

Feb’05 – Oct’07: Mohammed Jalal & Sons, Bahrain as Finance Manager

The Automotive Division of the M.N.C having an annual turnover of more than Bahraini Dinar 20 Million

Key Deliverables:

Conceived, designed & implemented plans to improve scores on key financial parameters such as Revenue, Capital productivity and Return on Investment.

Monitored & conducted Store P&L reviews and drove cost efficiency initiatives

Conducting feasibility studies for retail outlets and warranty reconciliation for automotive units.

Attainments:

Significantly improved the profitability of retail outlets.

Successfully implemented ERP (JD Edwards) and imparted user training.

Introduced strong controls & procedures in the automotive outlet.

Aug’01 – Feb’ 05: M/s. Sports Station India Private Limited as GM - Finance

Engaged in retail operations of brands like Nike, Levis & Dockers having an annual turnover of more than INR 360 Million

Key Deliverables:

Responsible for Consolidation and Finalisation of Accounts of the Company and its auditing

Formulated Strategic & Annual plans, rolled P&L and provided management with financial analytics for accessing business performance;

Provided decision support on buying, selling & operations, firming up & contracts with distributors, agents, franchisees, departmental stores, licensing partners and service providers for various business requirements.

Responsible for the Inventory management & Cash Flow Management.

Attainments:

Demonstrated excellence in successfully managing India operations comprising of 50 retail outlets.

Deftly handled contracts for retail outlets.

Instrumental role in controlling the costs & improving profitability across retail outlets.

Achieved substantial reduction in pilferages through stringent checks / controls, surprise stock audits and inventory control.

Jul’98 - Jul’01: M/s. Juneja Associates Private Limited as Financial Controller

Engaged in manufacturing of furniture and M.E.P contracting having an annual turnover of more than INR 250 Million

Key Deliverables:

Responsible for financial activity including Accounts, Finance, Commercial Taxation, Statutory & Legal Matters

Managed the Logistics & Commercial Operations of C&FA’s & reviewed contracts for negotiating terms with the transporters and C&FA’s.

Attainments:

Deftly handled logistic operations for ensuring seamless, cost-effective movement of consignment.

1991- 1998 : M/s. SPL Industries Limited as Manager - Accounts

Engaged in manufacturing of garments for established Brands like GAP having an annual turnover of more than INR 200 Million

Key Deliverables:

Administered complete Accounting and Commercial Operations in the bank.

Handled imports and export operations.

Coordinated with C & F Agents for matters like Custom Rules, Export / Import related formalities.

Attainments:

Efficiently handled logistic operations for ensuring seamless, cost-effective movement of consignment.

1987 -1991: M/s.Virender Kumar Jain & Associates & M/s Lodha & Co (Chartered Accountants)

Did my articleship with M/s Virender Kumar Jain & Associates and also worked with M/s Lodha & Co ( Chartered Accountants )

Highlights:

Successfully conducted statutory, tax and internal audits of various renowned companies like Dig jam Woollen Mills, JK tyres and Paharpur cooling towers

Academia

1993 Chartered Accountancy from Institute of Chartered Accountants of India

1987 B.Com. (Honours) from Shri Ram College of Commerce, Delhi University

IT Skills

Conversant with MS Office Applications

SAP ERP Package JD Edwards, Syros, Promise, Tally & Inventory package ( Shoppers –used in retail companies )

Personal Profile

Date of Birth 15th January 1965

Languages Known English and Hindi

Permanent Address H - 11 B, Saket, New Delhi – 110017

( Pradeep Aggarwala )

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