Finance Manager, Accounts Manager

Jaishri Navani

Mobile: +971-*********/ ********* Email: addvgy@r.postjobfree.com

Skype: jayshree.k16 Address: Dubai, UAE

Professional Summary

Highly accomplished, goal-driven senior accounting and financial management executive with 17 years of progressive experience in corporate financial modeling and reporting. Expertise in leading the department and financial planning initiatives in commercial operation, accounts and finance, auditing and taxation, MIS and statutory compliance.

Areas of expertise include:

IFRS and GAAP Auditing and Taxation Budgeting and Forecasting

P&L Management Cash Flow Management Financial Analysis and Reporting

Strategic Planning Relationship Management Conflict Management and Negotiation

Statutory Compliance Leadership and Teamwork Communication and Interpersonal Skills

Work Experience

Finance Manager Jan 2018 - Jun 2019

West Zone Fresh Supermarket LLC - Dubai, UAE

Reported to: Managing Director

Provided leadership and direction to the finance function and managed the organization’s financial affairs to ensure its financial resources are effectively utilized to attain long and short-term goals.

Developed reports for senior management summarizing the business financial position in areas of income, expenses, capital usage and cash flows.

Effectively managed team performance by carrying out progress reviews and ensuring objectives and key outputs are cascaded throughout the department.

Built strong relationship with stakeholders, banks and outside regulators for key business matters.

Oversaw execution of accounts receivable, accounts payable, rebate income, opening fees, listing fees, bank reconciliation, prepaid, provision, depreciation, CAPEX, OPEX, and audits.

Prepared and validated Wage Protection System (WPS) related payments, other electronic remittances, payroll checks, gratuity and leave settlements of 500+ employees without any errors.

Planned and developed VAT implementation strategies; executed VAT compliance.

Effectively managed all finance and accounting functions of a multi-million-dirham retail business which grew from thirty stores to more than forty-two stores within one year.

Uncovered over AED 1M in cost saving opportunities through revision of interior fit-out works, negotiating supplier contracts, and facilitating substantial business reinvestment.

Spearheaded design and implementation of a group restructure that resulted in clearer reporting lines, reduced staff costs and improved productivity and morale.

Initiated cross functional teamwork between finance, operations, and marketing that included group decisions on promotions and other tasks to improve overall performance and profitability.

Provided timely explanations of variances with actual results and forecasts/budgets whilst recommending corrective actions to management.

Independently prepared corporate annual accounts; collaborated with internal and external auditors and ensured full compliance with all requirements during reviews and audits.

Coordinated the timely completion of tax returns and various audits in an accurate manner.

Recovered a big sum of money in overpaid vendor charges by executing an audit of past pay-outs.

Finance Manager May 2016 - Jan 2017

RACO General Transport Establishment - Abu Dhabi, UAE

Reported to: General Manager

Oversaw financial operations including budgeting, planning, forecasting, accounting, auditing, variance analysis, financial reporting and P&L.

Analysed financial results and provided the management team with a clear understanding of the financial performance and implications of business plans and strategies.

Liaison with banks for bank facilities against bank guarantee for tender and performance bonds, Letter of credit, invoice discounting, term loans, and vehicle loans.

Coordinated with banks, vendors and related parties to ensure timely and accurate information flow.

Consolidated and reconciled the financial reports of the group companies.

Accelerated cash flow by recovering customer overdue payments via effective communication.

Fruitfully negotiated financing agreements for purchase of new equipment and business loans.

Investigated and rectified old accounting entries of varied debtors and depreciation, thus reflecting accurate net profit whilst furnishing final P&L account and balance sheet to auditors.

Reduced bank charges for LC opening, notably enhancing the company profit.

Successfully implemented online e-net payment system of net banking.

Accounts Manager Jun 2006 - Jan 2015

Ailsinghani Transport Pvt. Ltd. – Navi Mumbai, India

Reported to: Chief Executive Officer and Managing Director

Assumed full accountability for strategic planning, forecasting, budgeting, new business development, financial modeling, and general ledger accounting.

Developed and maintained a strong relationship with banks, lending institutions and credit unions.

Ensured effective cash flow management and branch ledgers reconciliation.

Performed fixed assets verification including depreciation calculation as per IT and Companies Act.

Supervised vendor reconciliation and payments; cash and bank management.

Ensured finalizing of TDS templates and filing of TDS returns quarterly, e-filing revised eTDS returns after correcting defaults and issuance of TDS Certificates.

Coordinated with auditors for financial activities, income tax assessments and service tax audits.

Increased efficiency and productivity at work through functional and technical analysis that resulted in improved profitability by 15% on a year-over-year basis.

Successfully reconciled intercompany accounts and consolidated all accounts at the year end.

Actively participated in customized Oracle based accounting software implementation.

Senior Accountant Jan 2005 - May 2006

Kirandeep Urban Co-op Society Ltd. - Mumbai, India

Assisted senior leadership in effectively managing the day-to-day operations of finance division.

Delivered profitable growth by providing analysis of results and reporting key metrics while advising the leadership team on risks and opportunities, as well as recommending actions.

Accountant cum Auditor Jul 2000 - Dec 2004

R. H. Suryarao & Co., CA - Mumbai, India

Conducted tax audits which included examination of financial statements, credit reports, general ledgers, journals, accounts receivables and payables and other records for more than 500 clients.

Education and Certifications

Master of Commerce (Accounting and Finance) with ‘A’ Grade - University of Mumbai, India (2005)

SAP FICO Consultant Training with ‘A+’ Grade - Prym IT Education Centre, India (2016)

Computer Knowledge

MS Office, SAP FICO ECC 6, Focus 6, Tally ERP 9, QuickBooks and Retail Accounting Software

Personal Details

Date of birth: 16 April 1982 Nationality: Indian Marital Status: Married

Visa Status: Visit Visa (valid till 31 Aug 2020) Languages: English, Hindi and Sindhi

Hobbies: Reading, listening to music, traveling and cooking

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