Page * of * Professional Resume of Mr. Uday Poojary

Uday Poojary FCA, MBA, B.Com

Senior Finance Professional

Mobile: +97150- 5153248/+971**-*******

E-mail: adbtsq@r.postjobfree.com;

Qualified Senior Finance Professional with more than 30 years of work experience in Finance, Accounting, Audit, Strategic Planning, Administration Management and Banking management within multinational and group of companies. Demonstrated expertise in finance and accounting cycle, financial planning and profitability model implementation, setting job priorities, organizing work functioning, and meeting strict reporting deadlines. Also, proven effective in assessing accuracy of financial records, determining effectiveness of internal controls including efficiency of operations and suggesting corrective measures for non- compliance. Well versed with Oracle, Actisure, Great Plains -Microsoft Dynamics and Ciphr softwares. STRENGTHS

22+ years proven Gulf experience Worked with diversified industries Accounts finalization & financial reporting Statutory, IFRS and IAS Compliance Knowledge of ISO practices and procedures Cost Controlling-Budget Alignment Abilities Client relationship building-management skills

ADNOC In –country value ( ICV ) certification .

Financially astute & successful Manager

VAT .

QUALIFICATIONS

Fellow Chartered Accountant, The Institute of Chartered Accountants of India, India 1995 Masters in Business Administration - Finance, National Foundation for International Studies, India 1991 Bachelor of Commerce, Chennai College of Commerce & Economics, India 1988 CAREER ACHIEVEMENTS

Handled major critical positions in big companies and made significant contributions in financial areas. Successfully managed 8 big companies at one time and oversaw finance and administrative management in each branch.

Devised financial strategic positioning plan, developed strategic business plan and established operational goals & objectives in collaboration with the management. Worked on various projects such as planning & implementation of new outlets, costing, pricing, National ID, Dubai Metro and Etisalat card projects, Emirates Air line, ADNOC & ENEC etc . WORK EXPERIENCE SNAPSHOT

General Manager – Finance & Administration (Eight companies of Al Abbas Group) Oct 2013 – Present Al Abbas Group, United Arab Emirates

Al Abbas Group is at the vanguard of leading business houses in the Middle East having a track record of performance and marketing excellence since it commenced business in 1967, amongst its major exclusive distributors & agents for NEC, CASIO, DATACARD, PITNEY, ST Micro, IBM, Konica Minolta,Lenovo etc. General Manager – Finance & Administration (Food & Life LLC) Dec 2009 – Oct 2013 Franchisee & restaurant division of Al Abbas group having franchisee outlets like Outback Steak House, Carinos Italian Grill, Fish & Co., Marry Brown, Shiraz etc. General Manager – Finance & Administration (Five companies of Al Abbas Group) Jul 2008 - Nov 2009 Al Abbas Group, United Arab Emirates

Al Abbas Group is at the vanguard of leading business houses in the Middle East having a track record of performance and marketing excellence since it commenced business in 1967, amongst its major exclusive distributors & agents for NEC, CASIO, DATACARD, PITNEY, ST Micro, IMB, etc. Financial Controller (Three Companies) Dec 2007 – Jul 2008 Good Health Worldwide Middle East (an Aetna Company) Aetna is a leading global diversified health benefits companies, serving approximately 35.8 million people with information and resources to help them make better informed decisions about their health care. Cont’d…

Page 2 of 5 Professional Resume of Mr. Uday Poojary Manager – Accounts & Administration (Four companies of Al Abbas Group) Jun 1999 – Nov 2007 Al Abbas Group, United Arab Emirates

Senior Accountant Oct 1997 – Apr 1999

Inter Ocean Ship Repairs LLC, United Arab Emirates A company engaged in ship repair, ship building & maintenance. Dedicated to ship conversions and agency services. A voyage that began 36 years ago; picked up steam and sailed to the fore front of the shipping industry gaining unmatched experience and expertise. AREAS OF EXPERTISE

Provide leadership and vision through formulation of long range and short range plans, objectives and goal to set direction in the organization.

Plan, direct and control all financial accounting, controlling and reporting activities of business group including preparation and submission of MIS (Management Information System) on periodic basis. Formulate, and implement administrative policies & procedures to improve internal control systems; understand government legal requirements for reporting and maintaining fiscal records. Analyze financial results and provide the management with a clear understanding of financial performance and financial effects / implications of business plans & strategies including ways and means to maximize profitability by cost control measures and to increase Net Worth. Provide expert analysis on all matters of potential financial impact for relevant business particularly in costing, profitability, product lines evaluation, cash generations and ideal utilization of funds. Monitor and review accounting and system reports for accuracy and completeness. Preparation of budgets, forecasting reports, cash flow analysis and various reports highlighting KPRs. Coordinate and supervise the entire accounts while closing all the books. General ledger accounting & reconciliations, preparation of financial statements and consolidation. Complete all tax requirements.

Managing banking & cash flow . Provide product line profitability analysis for the various entities. JOB RESPONSIBILITIES

General Manager – Finance & Administration, Eight Companies of Al Abbas Group Accountable for the direction and delivery of outstanding business performance of all 8 companies and branches and on the lookout for any servicing or growth opportunities. Developed, directed and implemented strategic business and financial plans or strategies, project and program management, systems, cost accounting procedures until its completion including banking facilities management; evaluating its performance. Analyzed and reviewed documents, proposals or planning initiatives, to assist each company in meeting individual company targets and objectives.

Conducted consultative meetings with various managers of each company to finalize plans, thresh out financial operational issues and concerns; coordinated with concerned departments on the preparation of financial statements, financial reports, and MIS reports; consolidated all reports. Approved improvements in automated financial and management information systems and coordinated changes to concerned parties and departments.

Formulated and implemented short and long term departmental goals in coordination with the rest of the team; evaluated and reported on the progress, made adjustments or changes whenever necessary. Monitored budgets and ensured effective utilization of funds on activities by each company; maintenance of book of accounts on ERP; accuracy of report on company’s assets and liabilities. Kept abreast of changes or developments in international accounting standards, analyzing impact on business for future planning and managing change to ensure continued growth and viability of company. Ensuring financial systems and controls are in place for smooth organizational operation. Handling of HR function which includes recruitment and training of personnel, conducting performance evaluation, employee relations, policy development and documentation. Manage Logistic, warehouse & Admin team.

Ensuring treasury management, debt and financing issues, liaison with local banks & Monitor cash balances and cash forecasts/cash management, Develop trends and projections for co's finances, conduct reviews and evaluations for cost-reduction opportunities. VAT implementation & compliance.

ICV2 certification audit required by ADNOC.

Follow up with collectors for both government and private clients. Work closely with sales team to ensure documents are correctly prepared for submission to government clients & keep margins in check. Manage and ensure compliance with regulatory and legal require requirements. Providing effective relationship with relevant Government Agencies and local Authorities, Managing and training of the Financial Department staff, Work with credit control function to ensure accurate on time billing and timely collection Cont’d…

Page 3 of 5 Professional Resume of Mr. Uday Poojary General Manager – Finance & Administration, Al Abbas Group(Food & Life LLC) Transferred from Al Abbas Group to Food & Life LLC, a franchisee & restaurant division of Al Abbas Group. Reporting directly to the company Vice Chairman and Chairman. Seizing ownership in the financial and administrative functions of the franchisee division of Al Abbas Group. Preparing strategic business plan and using financial expertise to evaluate-negotiate on new projects. Channelizing development and implementation of Financial, Administration, Operating Policies & Procedures including MIS and Management Reporting. Reviewing business performance in line with the operating costs, investment strategy, business activities, and financial cash & fund flow.

Managing import and export of food & non-food items, monitoring cost and taking corrective actions. Liaising with banks and other financial institutions for credit facilities. Securing best price and credit terms through successful negotiation with vendors. Conducting statutory audit and preparation of branches for Dubai municipality inspection. Suggesting restructuring initiatives on key processes based on organizational changes. Performing periodic review on ROI, Profitability and all deviations from set financial & administrative goals. Directing recruitment of new staff including their departmental training and development. Provides profitability models of the outlets and assists in the development of rate strategies Being responsible for the continual professional development of the employees within your division Verify whether all the financial procedures and processes are up to date and in line with the group ones Oversee preparation of periodic financial forecasts and cash flow forecasts for entities as required. General Manager – Finance & Administration, Five Companies of Al Abbas Group Accountable for the direction and delivery of outstanding business performance of all 5 companies and branches and on the lookout for any servicing or growth opportunities. Developed, directed and implemented strategic business and financial plans or strategies, project and program management, systems, cost accounting procedures until its completion including banking facilities management; evaluating its performance. Analyzed and reviewed documents, proposals or planning initiatives, to assist each company in meeting individual company targets and objectives.

Conducted consultative meetings with various managers of each company to finalize plans, thresh out financial operational issues and concerns; coordinated with concerned departments on the preparation of financial statements, financial reports, and MIS reports; consolidated all reports. Approved improvements in automated financial and management information systems and coordinated changes to concerned parties and departments.

Formulated and implemented short and long term departmental goals in coordination with the rest of the team; evaluated and reported on the progress, made adjustments or changes whenever necessary. Monitored budgets and ensured effective utilization of funds on activities by each company; maintenance of book of accounts on ERP; accuracy of report on company’s assets and liabilities. Kept abreast of changes or developments in international accounting standards, analyzing impact on business for future planning and managing change to ensure continued growth and viability of company. Ensuring financial systems and controls are in place for smooth organizational operation. Handling of HR function which includes recruitment and training of personnel, conducting performance evaluation, employee relations, policy development and documentation. To develop financial models to support investment evaluation. Prepare business cases to present to the senior management and board of directors.

Ability to analyze new business opportunities and establish financial performance metrics for new business initiatives.

Work closely with local sales and operations team to drive compliance and control Drive process improvement and remove inefficiencies Following up fixed asset register, investments, stocks as well as debtors and creditors follow-up, Financial Controller, Good Health Worldwide Middle East (An Aetna Company) Developed and implemented various finance, accounting, billing and audit procedures and policies; reviewed financial and operational performance, prepared financial statements and MIS reports, recommended changes when needed.

Handled budget administration, dissected, reviewed and analyzed annual budget and provided report to management on any variances.

Coordinated and evaluated financial programs, made changes on the systems of the company to include budgeting, cash flow, cost control, expenses and conversation of assets. Responsible for finance functions, internal and statutory audit schedule until its completion, strict implementation of financial controls and review of existing procedure whenever there are findings. Processed revenue, expenditure, position control documents, departmental budgets or salary increments. Evaluated investment opportunities and contributed on business deals and operations by providing detailed financial analysis on projects.

Ensured record system is in place based on best accounting practices and in accordance with generally accepted auditing standards. Accurate and complete account maintenance and data entry. Handled other functions, PIB returns for DIFC entity, preparation of commission for Brokers, credit control ensured that payments are made on time, premiums, and Bordereaux claims. Cont’d…

Page 4 of 5 Professional Resume of Mr. Uday Poojary Manager – Accounts & Administration, Four companies of Al Abbas Group Played a major role in the implementation of Oracle ERP 11 I for 4 companies. Prepared and reviewed monthly, quarterly and annual budget (accurate sales and profit estimates) and presentation of approved report to the Board of Directors. Monitored budget, analysis of variance report. Recommended marketing, and business strategies, highlighted potential risks and gave sound financial advice on business ventures to management.

Interpreted financial health of the organization through preparation of accounting and financial reports, analysis of financial performance based on historical data, P& L data, documents, and cost saving measures, budget and sales forecasting and make recommendations when necessary. Managed cash flow, investment of surplus funds, capital expenditures; long term and short-term procurement strategies to minimize cost and maximize investment opportunities and organizational growth. Developed Financial Planning and Product profitability model to help Finance, Product Management, and Operations teams assess the overall profitability of specific products and identify potential risks and implement financial controls to minimize risks on every project investment. Formulated and implemented accounting policies and procedures and ensured that it is in accordance with accounting, corporate and legal standards.

Liaised with local and International vendor on various projects, product pricing and tender costing. Coordinated with banks on a daily basis on various concerns, letter of credit, loan, overdraft etc. Conducted meeting with sales team to discuss strategies to improve collection cycle, monitoring of past due collection, analysis of aging report.

Worked closely with team members on new project ventures, provided financial data on marketing plans, promotional launch on new products.

Handled logistics; purchase activities, processed export and import documentations & negotiation. Supervised inventory or stock control, conducted bi-annual physical inventory; provided feedback to logistics department and sales department on obsolete or excess stocks of products. Assisted in development of procedures and tools to increase company efficiency and risk management. Oversaw accounts payable, payroll, inter-company reconciliation and other insurance related functions. Maintained solid relationships with private or government agencies, vendors or third parties. Senior Accountant, Inter Ocean Ship Repairs LLC

Responsible for various departments, Accounts, Finance and Administration. Prepared, monitored and conducted assessment on aging analysis to minimize receivable exposure. Monitored all projects, from formulation of project overview, audit plan and schedule, financial forecasting, funds, cost control and risk management and ensured that all requirements are complete. Handled monthly, quarterly & yearly preparation and review of budget reports and gave comparative analysis based on the actual budget, accounting report and provided copies to management. Implemented accounting rules and regulations in compliance with statutory requirements. Worked closely with sales team to improve sales forecast, collection strategies and establishment of competitive pricing mechanism geared toward increase in growth margin. Managed book of accounts, and payables to various companies or parties. Actively participated with ISO representative for the certification of Finance process. Acted as representative of the company with bank representatives for various bank transactions. PREVIOUS EMPLOYMENT

Assistant Manager, The Bharat Cooperative Bank Ltd., India (scheduled bank) Feb 1995 – Oct 1997 Audit Senior, RN Bansali & Company Chartered Accountants, India Nov 1991 – Feb 1995 Articleship, Gondalia & Mandviwala Chartered Accountants, India Aug 1988 – Sept 1991 PROFESSIONAL DEVELOPMENT

Attended Aetna Business Conduct and Integrity Course in 2008. Participated in Islamic Banking and UCP 600 Seminars from First Gulf Bank. Advance Information Management, BITS Computer Education, India IT SKILLS

Highly conversant with MS Office (Outlook, Word, Excel & Power Point) Literate in Oracle e-business suite 11I,R12 & other accounting software (Actisure, Great Plains -Microsoft Dynamics & Ciphr)

Cont’d…

Page 5 of 5 Professional Resume of Mr. Uday Poojary

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PERSONAL DETAILS

Nationality : Indian

Marital Status : Married

Visa Status : Employment Visa

Driving License : UAE + Own Car

Languages : English & Hindi

REFERENCE

Furnished promptly upon request

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