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Finance Controller APAC

Mumbai, Maharashtra, India
February 27, 2020

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Dinesh Holani (Maheshwari)

A-****, Orchid Suburbia CHS Ltd, Link Road, Kandivali (West), Mumbai – 400 067 DOB 25th May 1976 Passport No R4103460 Connect +91-983**-***** ; Professional Summary

A result driven, self-motivated Financial Controller with an ability to provide key financial data, support and reporting to assist in key business decisions and planning.

Excellent team player, with good communication skills, able to instil confidence in team and work with the Team in executing deliverables accurately and within set deadlines, effective and articulate communicator with all functional heads and colleagues as well as internal stake holders. Committed to learning and self-development so that can consistently achieve and deliver better results

Possess strong financial control and reporting. Strong analytical ability and excellent numerical skills, analysis with a strong focus on accuracy and attention to detail Areas of Expertise

Reporting incl Consolidation, Handling Audits and Liasoning with Auditors (have dealt with Audit team of PWC, Deloitte, Williams Hall Chadwick (Australia) and NACN (Singapore)

Cash Flow Management, Banking and Treasury Operations, Compliances, Credit Control

Budgeting, Forecasting, Financial Planning and Analysis, Monthly close and MIS reporting

(including Budget v/s Actual Variance Analysis), Generating & Presenting reports for Business Review Meetings and Business Plans

Establishing and Executing SOP’s, Policies, Internal Controls, Proficient in Hiring and Building Team, KPIs for Team and their performance reviewing

Project Costing and Profitability Analysis, Deferred Revenue and Accrued Cost working,

ERP Implementation with Consultant and updating changes as and when required

Excellent in working on Analysis and providing reports to Country Managers and Promoters Educational Synopsis

MBA Finance from Institute of Business Management Studies (IBMS) 2006-2008

Diploma in Financial Management from All India Council for Management Studies (AICMS) 1999-2000

Commerce Graduate from Mumbai University in Apr’96 Professional Experience

Financial Controller APAC (India, Singapore, Australia, Japan & Korea) - AVTEL Services India LLP, Subsidiary of AVTEL Holdings, Singapore, leaders in Integrated Electronic Security Solutions, Access Control Systems & CCTV Cameras (Since Jan’17)

Group Financial Reporting (per GAAP and IFRS), Standalone as well as Consolidated

Handling Audits and Liasoning with the Auditors spread globally via E-mails, Skype calls, Visits

Guides financial decisions by establishing, monitoring and enforcing policies and procedures, Internal Controls. Providing status of Financial Condition by collecting, interpreting and reporting financial data. Preparing special reports by summarizing information and trends.

Embed measures for tracking performance against financial and non-financial indicators to support decision making for the Business and in dotting down Business Plans

Managing Month end close and accurate MIS by 7th working day and discussing the same with the respective Functional Heads and Country Managers before presenting the Financial figures with proper Analysis for Business Planning and Business Review meetings with the Promoters

Preparing Budgets and Business Forecast (yearly as well as 3 yrs plan) in Liasoning with the respective Functional Heads and by analyzing and consolidating current and earlier Financials

Cash Flow Management (Monthly Actual and Quarterly projected), Banking, Treasury, Compliance for APAC, Financial Planning and Analysis, Handling Internal Control and Process

Analyzing ways of Cost Control and Increasing Revenue in consultation with the respective Functional Heads / Country Managers, Project Costing and Profitability Analysis, Analyzing Deferred Revenue and Accrued cost for ongoing Projects

Liasoning with the Sales team to have a monthly targeted top line and reviewing the same on fortnight basis about its progress in connection to Open Sales Orders. Looking after Stock inventory valuation so that excess stock is not piled up withholding Working Capital.

Establishing and Ensuring that proper controls are in place for systems / roles assigned to Individual employees and the same is being adhered to, proper control over all the items of Balance Sheet and Profit and Loss such that error free financials are being reported on Monthly and Yearly basis

Managing Finance Team, ensuring accuracy of their work, reporting per deadlines and to ensure best performance as such for growth of Team and the organization.

Assisting the Group CFO in preparation and presenting of additional reports for Stakeholders and Outsiders as and when required from Business and Reporting prospective Reporting to: Group CFO, based out of Singapore and Partners - India Operations (being an LLP) and handling a Team of 4 Executives at Mumbai office and 4 Co-coordinators spread globally Achievements

Being a start up in India (Commencement in Oct’16) as a Shared Service Office for the group Globally, was instrumental in implementation of NetSuite (Cloud Based ERP) with the consultant and framing the same in such ways that respective Dashboards, Links and Reports are being set up for viewing and reporting purpose from NetSuite

Setting up of Policies and Procedures in line with KPIs decided by the Management, MIS Reporting, Maintaining healthy cash flow within group with proper planning of Funds, Generating reports and setting up meetings for Business Reviews and Business Planning,

Designed and Implemented Internal Controls in system such that minutest of the process deviation, if any are being identified and reported properly

Efficient Credit control and Inventory management with better procurement practices Manager Finance, Receivables and Credit Control - Draeger Medical India, 100% subsidiary of Draeger Medical, Germany, Manufacturers of Medical Equipment’s (Oct’12 -Jan’17)

Reporting Monthly MIS / books of account to Germany by 5th working day and highlighting the variances and its Analysis regards to Actual v/s Budgeted figures

Handling Audits (Calendar year for Germany and Financial Year as per IAS) and Liasoning with Auditors (Statutory & Internal), Looking after and ensuring that all Compliances are met within deadlines, AR and AP control, Liaise with Sales and Service Head across India for analyzing Business Plan & Budget. Looking after Intercompany transactions, Project wise Cost Analysis

Looking after entire Banking and Treasury Operations incl all reconciliations and ensuring proper utilization of limits sanctioned for both fund based Limits and Non-fund based Limits

Fortnight Telco with the Zonal Manager’s with regards to Receivables, Collection plan, Periodic visits to Zonal offices and Customers to analyze issues related to Receivables.

Instrumental in Drafting of SOP’s and Credit policies and adhering to the same, Defining Credit limits for Customers / Dealers, Debtors policies relates to old receivables

Control over Cash flow and Fund flow management, DSO and DIH Analysis, Reviewing and making Bad-Debts provision and write-offs in consultation with Country Sales Head Reported to: Country Head Finance and handled a Team of 3 Executives and 4 Zonal Co-ordinators Achievements

Initiated Fortnight Telco with Zonal Managers of Sales & Service with regards to collection plan for the month for receivables and discussing the same with actuals on fortnight basis.

Initiated visits to regions as and when required to meet the team in person and also discuss the outstanding’s with the Zone Head’s and if required meet the dealers / customers with regards to any outstanding issues.

Instrumental in creation of and adhering to Credit Policies set up for Receivables which resulted in year on year increase of collection and reduction of DSO : Collection increased to INR 210.87 crs for calendar YE 2016 compared to INR 160.67 crs for calendar YE 2015 and INR 128.54 crs for calendar YE 2014 DSO reduced to 132.87 days for calendar YE 2016 compared to 151.86 days for calendar YE 2015 and 164.30 days for calendar YE 2014

Self-Entrepreneurship into Real Estate Business (April’ 10 - Oct’12) Assistant Manager Finance - ASK Group (Jan’08 - Apr’10) Reported to: VP Finance and handled a team of 2 Executives Achievements

Instrumental in implementing Budget at ASK and provided comparison of the same with actual expenses incurred to the Management in MIS (to be submitted before 7th of every month).

Implemented MIS Software linked to the Accounting software wherein Cash Flow and Balance Sheet along with Consolidation of Group MIS can be directly pulled from the Software

Was working on Fixed Asset software wherein Depreciation can be Automatically calculated after posting the entries in the software and will provide output in excel format as required by Companies Act

Finance Executive - Mattel Toys India Pvt Ltd, US Based MNC (Dec’04 - Dec’07) Accounts Officer - Glory Polyfilms, Manufacturers of Plastic Films for Packaging

(Jun’00 - Dec’04)

Accounts Assistant - Toshniwal Exports Ltd, Chemical Business (Jun’96 - Jun’00) I.T.Skills

Currently working on Oracle NetSuite (Cloud based ERP). Worked on Microsoft Dynamics NAVISION 2013 R2 (almost 4.5 yrs), ERP Package called ISIS & CODA, Hyperion Reporting Package (at Mattel Toys India Pvt Ltd), and Tally ERP 9.

Proficient in PowerPoint Presentation, MS Office (Word + Excel), Pivot Table, V-Look ups

SAP “FICO” (Finance & Controlling) Module

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