Deputy General Manager
Resume:
AJAY JAIN
DEPUTY GENERAL MANAGER – FINANCE & ACCOUNTS
SUMMARY
CMA Professional with PGDBA-Finance, Diploma in IFRS & 24+ years of well-honed experience (incl. 3.7 + Gulf years) in all aspects of Finance & Accounts management. Specialized in Accounting/MIS/Taxation/Budgeting/ Internal Control procedures. Seeking to leverage my technical and professional expertise to learn & grow in new role at your organization.
PROFILE
Detail-oriented and versatile professional with over 23 years of experience in all aspects of Accounting & Finance management. Currently spearheading as Deputy General Manager (Accounts) with Larsen & Toubro Limited, Delhi International Airport Project at New Delhi (Contract value approx. $ 1.2 Billion). Previously controlled Finance & Accts operations at ALYSJ JV Goldline Metro project, Doha, Qatar (Contract value approx. $ 3 Billion).
Strong track record of performance contributing to stellar financial planning and analysis, while maintaining top-tier accuracy and increasing profitability.
Action-oriented leader with demonstrated aptitude to monitor financial statements and conduct in-depth variance analyses for implementing internal financial controls to resolve inefficiencies.
Practiced in administering reconciliation of critical debtors’/creditors’ statement of accounts and liaising with taxation teams to drive efficient filing of relevant tax-related documentation, including Service tax/VAT returns.
Known for leveraging proven leadership talents to direct cross-functional teams, design robust accounting/financial systems, and formulate complex budgets. Adept at scrutinising monthly corporate performance, supervising cash flow, and executing informed decision-making.
Effective communicator; capable of forging long-term relationships with stakeholders and negotiating contracts with multiple vendors.
Demonstrated hands on management style in development & implementation of strategic plans, to ensure company growth.
Rich experience in conceptualizing & implementing Financial/Accounting/MIS/Taxation/Budgeting procedures, and building Internal Controls.
Core Competencies – Area of Expertise
Strategic Financial Planning
Accounting & Taxation
Budgeting, Forecasting & MIS
Financial Systems Implementation
Project Planning & Management
Fund Management
Internal & External Auditing
Cost Management & Cost Control
Internal Controls, Variance analysis
Team Leadership & Training
Cash Flow Optimisation
Statutory Compliance
PROFESSIONAL EXPERIENCE
DEPUTY GENERAL MANAGER – FINANCE ACCOUNTS & ADMINISTRATION
LARSEN & TOUBRO LIMITED: DELHI INTNATIONAL AIRPORT– PHASE 3A, T-1, NEW DELHI, INDIA
Oct 2019 - Present
Spearheading Delhi International Airport phase 3A, Terminal – 1 and related works with budget of $1.2Bn. Actively managing Accounts, Budgeting, Costing, Taxation, Administration, Inventory and IR operations.
Directing a cross-functional team of 10+ direct & 3+indirect employees, covering Accounts, Fin., Taxation, Stores & IR.
Preparation of financial statements, including account reconciliation, notes and co-ordination with internal as well as external auditors for periodic accounts, certifications, and tax audits.
Created checks and balances for finalization of monthly Cost Statements, Job Cost Reports.
Rendering expert-level financial support to numerous domestic and global vendors for issue resolution associated with Import/Export, invoicing, taxation, reconciliation & payments.
Distributing MIS Reports for Management review to find out & correct variations.
Key Contributions:
oMobilization of such mega project, with all required resources, done in timely & most effective manner.
oCustomer advances & progress invoices collections secured with appropriate documentation.
SENIOR MANAGER - FINANCE & ACCOUNTS
LARSEN & TOUBRO LIMITED, ALYSJ GOLDLINE METRO JV, DOHA, QATAR
Feb 2016 – Oct 2019
Directed all aspects of ALYSJ Goldline Underground Metro joint venture project at Doha Qatar, including budgeting, costing, accounts/finance activities - finalization and adherence to various compliances.
Project Contract value approx. $ 3 Billion - First prestigious Mega Project at Qatar for Larsen & Toubro Limited.
Ensured seamless operational workflow through effective implementation of systems and procedures, as well as supervision of all accounts and financial statements.
Promoted accuracy across the business by maintaining all checks and balances.
Communicated accurate financial performance to senior management personnel through formulation of comprehensive performance measurement reports for management review.
Co-ordinated periodic review & reconciliation of vendor payables as well as receivables to deploy timely corrective actions.
Initiated corrective measures after identifying financial variances from predefined cost targets via monitoring of cost control mechanism as well as monthly review of cost statement and forecasts.
Encouraged informed decision-making and maximise system compliance by integrating EIP systems.
Key Contributions:
oGenerated cost savings of circa $1M via establishment of self-motivated long-term vendor relationships - adept at managing and negotiating vendor contracts.
oIncreased stakeholder satisfaction and boosted overall brand image via delivery of efficient solutions.
oUtilised leadership acumen to spearhead a team of 10+ employees while consistently increasing efficiency in department.
HEAD - FINANCE ACCOUNTS & ADMINISTRATION
LARSEN & TOUBRO LIMITED: DLF CREST PROJECT, GURGAON, INDIA
Mar 2014 - Feb 2016
Owned holistic control over administration of end-to-end finance, accounts, and administration functions related to DLF Crest project with a budget of $200M.
Exercised team leadership for more than 8 staff members, while fostering continued enhanced departmental contribution to corporate objectives.
Integrated Stores management and IR matters apart from Accounts & Finance activities.
Collaborated with regional co-ordinators to enable time-sensitive closure of accounts, IT TDS/service tax/VAT monthly returns, and submission.
Maintained exceptional cash flow throughout all project stages by employing customer-focused approach to deliver timely solutions.
Key Contributions:
oImplemented several motivational controls to ensure team empowerment in generation of qualitative monthly reports, covering cost statements, job costing, MIS, and variances.
HEAD – FINANCE, ACCOUNTS & ADMINISTRATION
LARSEN & TOUBRO LIMITED: DELHI INTNATIONAL AIRPORT– T 3 & ATC TOWER, NEW DELHI, INDIA
Sep 2007 - Mar 2014
Navigated Delhi International Airport terminal – 3 and ATC tower projects with budget of $1.3B to success through effective management of finance, accounts, and administration operations.
Administered accounts, taxation, stores & IR functions thru cross-functional team of 10+ direct & 5+ indirect employees.
Accelerated audit procedures through preparation of financial statements, including account reconciliation, notes and co-ordination with internal as well as external auditors for periodic accounts, certifications, and tax audits.
Ensured seamless Cost Statements & Job Cost Reports thru checks and balances for finalization.
Clarified and extended financial support to numerous domestic as well as global vendors for resolution of issues associated with invoicing, taxation, reconciliation, and payments.
Coordinated for finalization of MIS Reports for Management review towards variations and adopted corrective measures.
Key Contributions:
oSucceeded in realising $500K by conducting effective vendor negotiations and contract management.
oOrchestrated intense training sessions for team members to enable submission of IT TDS/Service tax/VAT monthly returns.
oDelivered aid to project management via F&AA team for documentation and other related queries to ensure seamless customer payments and satisfaction.
OFFICER- ACCOUNTS & FINANCE
LARSEN & TOUBRO LIMITED- DELHI REGIONAL OFFICE, NEW DELHI, INDIA
Feb 1998 - Sep 2007
Handled PF, Bonus and ESI matters for Delhi region sites’ with approx. 3000+ workmen per month.
Review of Financial statements and finalization of Notes to Accounts.
Coordinated with auditors for periodic financials, certifications and Tax Audits.
Reconciliation of Various Receivable and Payable Ledgers.
Authorization of payments, seamless Cash & Bank operations.
Funds Management, Preparation of Departmental Budget and variance analyses.
Inventory & Assets management, disposals – Accounting & Invoicing.
Key Contributions:
oConceptualized process & implementation for long pending reconciliation of staff Pers. ledger within a month.
oEnsured statutory compliances by finalization of periodic IT TDS returns and submission to respective authority.
Additional Experience :
Sales Executive at A & D Associates (DSA of ANZ Grindlays Bank)
Accounts Assistant at N C Garg & Company (FCA)
EDUCATIONAL CREDENTIALS
Certified Management Accountant The Institute of Management Accountants, New Jersey, US
Diploma in International Financial Reporting The Association of Chartered Certified Accountants, UK, London
Post Graduate Diploma in Business Administration – Finance SYMBIOSIS Centre for Distance Learning, India
Bachelor of Commerce Maharishi Dayanand University, Rohtak, India
Diploma in Advanced Java & Web Technologies SSI, New Delhi, India
Diploma in Software Management ZAD Computer, Rohtak, India
Computer Forte :
Enterprise Information portal (similar to ERP)
MS Office, MS Word, MS PowerPoint & Advanced +MS Excel (macros, pivot tables)
*******@*****.***
708, T-1, Parsvnath Majestic, 18-A,Vaibhav Khand, Indirapuram, Ghaziabad, U.P., India –201014
www.linkedin.com/in/ajay-jain-aa469044
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