Real Estate Financial Planning
Resume:
Avinash Korlukoppa Nagaraj
Doha
*************@*****.***
• MBA -Finance with 15 years' experience in the field of accounts, finance, MIS & Business Analysis.
• Expertise in spearheading corporate and financial planning initiatives in Commercial Operation, Accounts & Finance, Auditing & Taxation, MIS,
• Expertise in designing and implementing systems to achieve financial discipline and improve the overall efficiency of the organization.
• Strong analytical skills.
• Good relationship management & negotiation skills in liaising with Banks, other financial institutions and various regulatory authorities.
• Well versed with SAP, Oracle Business Suite 12i.and MS Office Work Experience
Manager Finance
Al shareef holdings - Doha
August 2022 to Present
Financial Planning and Analysis:
• Developed and oversaw financial planning and analysis processes for real estate portfolio, managing a team of four analysts.
• Collaborated with senior management to create annual budgets, long-term financial plans, and forecasting models, resulting in accurate financial projections and improved decision-making.
• Conducted detailed financial analysis, including ROI, NPV, IRR, and profitability ratios, to evaluate real estate assets and investment opportunities.
• Prepared comprehensive financial reports, variance analysis, and KPIs to provide insights into the financial performance of real estate projects, enabling data-driven decision-making.
• Monitored actual expenses against budgets, identified cost-saving opportunities, and implemented effective cost control measures, resulting in 2% reduction in expenses.
• Developed and maintained financial models to evaluate the feasibility and profitability of real estate investments, including property acquisitions, development projects, and leasing strategies.
• Collaborated with operational teams to establish performance metrics and monitor actual performance, providing recommendations for improvement and driving operational efficiency.
• Provided strategic financial insights and analysis to support decision-making processes, contributing to the development of growth strategies and expansion opportunities. Stayed updated with industry trends, regulatory changes, and best practices in real estate finance and FP&A functions, ensuring compliance and driving innovation. Fixed Asset Management:
• Managed and maintained accurate records of all fixed assets of the company, including property, plant, equipment, and intangible assets.
• Developed and implemented policies and procedures for the acquisition, tracking, and disposal of fixed assets.
• Collaborated with other departments to ensure the accuracy of fixed asset data, including reconciling discrepancies in asset information, and maintaining accurate depreciation schedules. Revenue, Receivable Management:
• Managed and oversaw all aspects of revenue operations and accounts receivable, including billing, collections, credit management, and cash application.
• Developed and implemented policies and procedures for revenue management, collections, and credit management.
• Coordinated with other departments to ensure the accuracy of financial data, including reconciling discrepancies in revenue information and managing cash flow.
• Supervised a team of revenue analysts and collections specialists and ensured that they followed the policies and procedures for revenue management and collections.
• Analyzed data and generated reports to support decision-making regarding revenue operations, collections, and credit management.
• Maintained customer relationships and provided timely and accurate information regarding billing, collections, and credit management.
• Conducted internal audits of revenue and receivable data to identify and correct any errors and improve the accuracy of the financial records.
Document management:
• Managed and organized company documents, including electronic and paper-based documents.
• Developed and implemented policies and procedures for document management, including document retention and disposal.
• Coordinated with other departments to ensure the accuracy and completeness of document records and maintained version control of all documents.
Deputy Manager Planning and financial reporting, Finance and accounting Aster DM Healthcare Inc. - Doha
October 2020 to August 2022
• MIS Reports to HO – Preparation & compilation of monthly financial reports and any other need based reports
• Preparing Group-reporting packs (As per IND AS) for consolidation and for Audit.
• Reporting processes such as monthly P&L, statistical/operational reporting and ad hoc analysis. Ensures timely and quality reporting and provides effective and precise information to the Executive and Management team.
• Determining financial objectives. Designing & implementing systems, policies & procedures to facilitate internal financial control.
• Monthly review for the overall accounting infrastructure, including monitoring of early warning tests
(DSO, aging of receivables and payables)
• Preparing Annual Budget and forecasting trends.
• Developing reports for top management summarizing the business financial position in areas of income, expenses, capital usage and cash flows, and coordinate the preparation of strategic plans, budgets and financial forecast.
• Monitoring budgets and comparing them with actual cost and revenues related to marketing and capital.
• Coordinate the preparation of Financial Statements, Financial Reports for internal usage.
• Getting control accounts reconciled and sorting out the discrepancies.
• Implementing training courses for new recruits.
• Handled responsibilities of assisting the senior manager in handling financial activities to ensure smooth operation.
• Performed responsibilities of preparing yearend financial reports and statements. Assistant Manager-Finance
Aster DM Healthcare Inc. - Doha
April 2014 to September 2020
• Developing reports for top management summarizing the business financial position in areas of income, expenses, capital usage and cash flows, and coordinate the preparation of strategic plans, budgets and financial forecast.
• Monitoring budgets and comparing them with actual cost and revenues related to marketing and capital.
• Coordinate the preparation of Financial Statements, Financial Reports for internal usage.
• Getting control accounts reconciled and sorting out the discrepancies.
• Implementing training courses for new recruits.
• Handled responsibilities of assisting the senior manager in handling financial activities to ensure smooth operation.
• Performed responsibilities of preparing yearend financial reports and statements. Senior Accounts Officer
Titan Company Limited - Bengaluru, Karnataka
April 2009 to April 2014
• Treasury - Payments to internal & external customers. Daily scrutiny of cash book
• Bank Reconciliation
• Management. Agent Commission - Calculation of Management agent commission as per terms of trade every month & making payment.
• CFA Operation - issuing Credit & Debit Notes to Franchisees & Institutional sales & ensuring accounting to date.
• Bills Payable - Disbursement of Employee weekly travel expense statements and all other claims of employee such as Asset Purchases, Medical, and House Deposit.
• Vendor payments & deposit and its relevant TDS entries.
• MIS Reports to HO - Preparation & compilation of monthly financial reports and any other need based reports.
• Month End Provisions - To carry out necessary entries for the unforeseen expenditures
• Month Closure- Provision for treasury related expenditure, schemes, outstanding liabilities, scrutiny of Cost center report.
• Treasury Function - FIT reconciliation of South CFA's & Company showrooms, Reconciliation of Regional operative Bank accounts, Reconciliation of Cash/Chequs/DD's for CFA's & showrooms.
• Coordination with CFA & showrooms for the required data.
• Vendor master management, assisting to Vendor queries, TDS issues & related MIS to the Sales team.
• MIS reports - Monitoring of Rent payment, schedules, liaison & coordination with statutory auditors.
• CFA remuneration schedule, unclaimed pending reports, advertisement docket utilization report, salary recovery advice to payroll, etc.
• Handling of VAT, TDS & Income tax assessment.
Duration: Oct2009-April2014
Education
Master in Business Administration in Finance
Bangalore University - Bengaluru, Karnataka
2008
Bachelor in Commerce in Commerce
Acharya Tulasi National College of Commerce - Kuvempu University 2006
Skills
• Operating Systems: Windows 98/ Windows XP
• Packages: MS Office, SAP, Oracle and Tally
• Oracle (10+ years)
Languages
• English - Fluent
• Kannada - Fluent
Links
http://avinashkn1407gmail.com
Awards
Aster Star
October 2020
Groups
Aster Volunteers
April 2019 to Present
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