AJAY KUMAR

Belle Mead, NJ *****

609-***-****

adhovp@r.postjobfree.com

www.linkedin.com/in/ajay-kumar-108107190

Controller Chief Financial Officer

Driving strong fiscal health through effective strategy, planning and accountability to position company for growth.

Finance Leader with 25+ years of experience driving global finance operations. Proven record of success, partnering with CEO and other executives to drive multi-year strategic planning, management and financial reporting, accounting, budgeting, forecasting, audits, cash management and business transformation. Builds high-performance teams through training, coaching, motivation and professional development. Proactive leadership and support for business unit leaders, developing and implementing KPIs, budgets, benchmarks and profitability reporting. Cost Accounting, Merger and Acquisitions, Improves and establishes teams, processes, internal controls and systems, in accordance with Sarbanes-Oxley standards, increasing efficiency and profitability. Adept at translating complex technical accounting issues to non-accountants and staff at all levels of the organization.

Executive Leadership

Financial Planning & Analysis

Internal Controls

Financial Reporting & Forecasting

Cost center Accounting

Compliance & Audit (internal & External)

Budgeting & Strategic Planning

US GAAP, IFRS

Cost & Expense Management

Team Leadership

Cash Flow Management

P&L Oversight and Ownership

Risk Management

QSI Services, Inc., Richmond VA/New Jersey, 2011 – Present

Controller /Chief Financial Officer (CFO)

Oversee finance and operations for the entire company, serving as key member of Executive Leadership team guiding the business. Collaborate to build operational agendas and strategic plans that drive profitability and growth. Implement fiscal accountability and reporting as well as leading finance team, coaching and mentoring on best practices and procedures.

Drive all aspects of Accounting. monthly, quarterly and annual closings. auditing internal and external, billing and collections, payroll processing, cash flow planning, forecasting and cash management, client and bank relations, bank facilities, operations support, tax planning and research, and Compliance with Local and Federal Tax law

Aided in redesign of operational flow of information, leading to improved billing and collection of revenues. Timely preparation of financials for internal and external purposes.

Budgeting, forecasting, monitoring the business and financial goals

Designed and implemented policies and procedures for effective internal controls to manage and run business effectively

Propelled revenue multifold times from $500,000, building company from the ground up. Secured bank lines for WC

PRG Group, Inc., Piscataway, NJ 2002 – 2011 Controller/ Chief Financial Officer (CFO)

Steered all aspects of finance and Accounting operations for this software and project company and its subsidiaries, Avaya Gold Partner – Prime Communications Inc and PRG systems Inc. Managed strategies across accounting, consolidated accounts for subsidiaries, project costing, transfer pricing, WIP valuation, billing/collections, client and bank relations. Directed fiscal functions and informational technology activities and installed financial management systems to achieve organizational objectives and enhance performance. Ensure compliance with US GAAP, regulatory requirements, sales tax and government reporting, Sarbanes-Oxley and SEC requirements.

Lead due diligence for mergers & acquisitions (M&A), making recommendations to senior leadership team.

Revitalized business plans and realigned company objectives to increase overall profit.

Enhanced company objectives by developing benchmarks and performance optimization strategies.

Cultivated and maintained strong industry relationships and customer partnerships to capitalize on opportunities and maximize business success.

Streamlined operations workflow of information lending, enhancing billing and revenue collection, directly contributing to bottom line growth.

Designed incentive plans for Sales and operations in order to achieve sales targets, secured bank line for $ 5 M in working capital to support the growth of the company.

Managed revenue from $250,000 to $ 20 + M over a 7-year time span.

Played key role in designing and filing a VoIP-based product patent.

Built finance department from the ground up, sourcing top talent and developing a high-performance finance team.

Planned reverse merger of PRG group with a public listed company (OTC), raised funds for the company’s growth through mergers and acquisitions.

Sai Softech Inc., Piscataway, NJ 1999 – 2002

(A group company of a Billion Dollar company – Allied Deals Inc)

Controller / Vice President, Finance

Created and implemented best practices to standardize internal processes and procedures. Collaborated with external auditors to prepare annual financial reports, tax returns and financial statements. Made proactive adjustments to fiscal policies according to available company resources and desired outcomes. Monitored business trend forecasts and adjusted budgets and operational plans to maximize growth and opportunities.

Navigated and steered acquisition of two IT consulting companies with combined turnover of $15M per annum.

Secured software training contract with IRS through USDA for $6M share out of total contract of $23M.

Executed periodic budgeting and modeling to project monthly cash requirements

Managed day-to-day finance operations by working closely with accounting, accounts payable, accounts receivable and payroll staff to provide direction

Coordinated timely dissemination of financial management reports such as internal and external financial statements, annual audits and annual budgets

Reviewed account reconciliations and journal entries and resolved discrepancies to maintain record and account accuracy.

Divya Engineers Ltd., New Delhi, India 1989 – 1999

Financial Controller /Chief Financial Officer (CFO)

Shepherded operations and performance of business units, managing divestitures, establishing financial and operational controls and executing monthly and annual reporting. Led month-end and year-end accounting close process.

Directed and developed unit comprised of more than 180 employees

Implemented an engineering project of manufacturing engineering goods with a capital outlay of RS 352 million ($8M). Secured Bank lines of Rs 132 million ($3mm) for WC –Inventory and AR

Played a key role in Rs 440 Million ($10M) IPO for the company.

Designed model for determining the risk, including return profile, optimal capital structure, working capital and accounting and financial policies.

Re-engineered an integrated cost accounting system resulting in cost savings of 15-20% in material costs.

Oversaw cash flow, accounting, and taxation, ensuring compliance with corporate laws including reporting to SEC (Indian Stock Exchange Board- SEBI).

Achieved sales turnover of Rs 660 Million ($15M) in span of 5-6 years of operations.

Bachelor of Science-Accounting, Shri Ram College Of Commerce,Delhi University, India

Chartered Accountant (Public Accountant, India), ICAI, India www.icai.org Similar to USA Certified Public Accountant (CPA),

Pursuing CPA – California Board of Accountancy

Core Competencies

Professional Experience

Technical Expertise

Microsoft Office/Excel

QuickBooks

Peachtree Accounting

SAP FICO

Education

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