adio8p@r.postjobfree.com
Sameer Ahmed M. Jadwet www.linkedin.com/in/sameerjadwet
+968-******** +968-********/ Hatat Complex, Muscat, Oman
Chief Financial Officer / Head of Finance
Highly accomplished, results-driven senior accounting and finance professional with more than 20 years of progressive experience in finance across various industries, startup and global organizations. Demonstrated ability to streamline business operations that drive growth, increase efficiency and bottom- line profit. Expertise in accounting, financial management, analysis and planning. Strong qualifications in implementing financial controls and processes for productivity improvement.
Possesses solid leadership, communication and interpersonal skills to establish rapport with all levels of organization.
Highlights
Chartered Accountant (CA) Accounting & Financial Management Resource Optimization
IFRS Revenue Cycle Management, Cost Reduction Business Planning, Analysis
Budget Forecasting Financial Analysis & Reporting, GL responsibility Audit & Tax process
SAP & other ERP AR/AP, Treasury, Corporate Finance Project Management
Professional Experience
APL Logistics Oman SAOC, OMAN March 2017-Present
Chief Financial Officer/ Head of Finance
APL Logistics is the go-to global 3PL supply chain/logistics specialist for companies in the Automotive, Consumer, Industrials, and Retail sectors. Part of KWE group (www.apllogistics.com) Operations across 60 countries
Responsibilities
Drive profitable operations by maintaining and overseeing budget, executing detailed forecasting, income and cost analysis. Leading the Finance and Accounting function and managing a team in Oman and remotely.
Finalizing periodic closing of books, prepare and submit the company’s financial results, budget & quarterly rolling forecasts and complete the reporting requirements to the parent company and Board of Directors.
Maintain the general ledger in compliance with IFRS. Supervise the audits (internal & external) & Tax Processes
Review the monthly Business activity statements as per the verticals and review all balance sheet reconciliations.
Key Achievements
Achieved double digit growth in bottom & top line in 2019 and supported the strategy by financial control and low cost
Set up the Finance and Accounting function of the company including SAP, Treasury, AR & AP
OTE Group, Oman August 2016- March 2017
Senior Accounts Manager
Oman Trading Establishment is one of the largest business groups in Oman. Major business divisions include Automobile, Lubricants, Car Leasing & Rental, Electronic Home Appliance and Manufacturing. (www.otegroup.com)
Responsibilities
Managing Asset Accounting for OTE group companies, processing the monthly depreciation, preparation of Fixed Asset Schedules and reviewing the Capital Work in Progress, project management
Oversaw the Financial reporting & analysis for the car leasing and rental division which has more than 3000 vehicles.
Lead the Accounting and reporting of the Automobile Service division and managing a team of 2
City Cinema, Oman Arab Cinema Company LLC, Oman February 2014- July 2016
Finance Manager
City Cinema (now VOX) is the largest multiplex chain in Oman currently with 30 screens spread over 9 locations. (www.citycinemaoman.net)
Responsibilities
Leading the Finance & Accounting function managing a team of 5 with total responsibility for Finance, Accounts, Admin and HR functions. Treasury, AR/AP & Cash flow management.
Maintain the general ledger and books of accounts in compliance with IFRS. Financial reporting & variance analysis
Preparation of financial statements, budgets, cash forecasts & tax filing. Supervise statutory and internal audits
Designing & Implementing systems, policies and procedures to facilitate internal financial control & risk management
Key Achievements
Lead the successful implementation of automated Payroll system which has ensured better and more effective control of overtime and staff costs and resulting in savings of USD 75,000
Implementation of Cash control process, purchase and inventory control processes and which has resulted in reduction of overhead cost, loss due to wastage and benefits of USD 125,000.
Completion of Integration of Tally ERP 9 with the Cinema ticketing software resulting in accurate revenue reporting and control and savings of USD 100,000 in extra ticket revenue.
Successfully completed Financial closure of 2 new cinema locations in Muscat during tenure.
Sameer Jadwet & Associates Mumbai, India July 2007 – February 2014
Founder & Associate Partner
Financial services & Tax consulting firm with start-up’s, SME & corporate clientele. Focus on Accounting advisory, Auditing Assurance, Taxation, Capital raising, Due Diligence and Transaction Advisory
Assignments
Filing of Annual Returns, Income-Tax & Service tax returns. Planning Company Formation and Registration.
Preparation of Feasibility analysis, Project Reports and Business Plans, Liaison with Banks and Financial Institutions on behalf of clients.
Key Achievements
Successfully raised capital for acquisition financing and working capital for Client. Including for Petrol Station of Rs 7.5 million, Financial Broker of Rs.5 million, Adhesive Tape manufacturer of Rs.10 million.
Represented client for Income tax & Service tax assessments and appearing before Commissioner IT & ITAT on behalf of clients and getting refund orders of Rs.2 million
AIFA Investments, Mumbai, India May 2001 – July 2007
Founder & Associate Partner
Investment & Stock Broking Firm providing portfolio management, advisory and financial planning services.
Asset Management across various asset classes and cross selling of investment products.
Portfolios that were managed yielded a return of over 20% over a 5year period.
EARLY CAREER SUMMARY
Island Travels P Ltd, (Mumbai / Kolkata / Port Blair)
General Manager (www.wildorchidandaman.com)
Travel Agency, Hotel owners, Jet Airways General Agents November 1999 – May 2001
S B Billimoria & Co (Now Deloitte Haskins & Sells) Mumbai, Kolkata June 1994 – October 1999
Audit Assistant & Senior
Chartered Accountant (ACA)
Institute of Chartered Accountants of India
Bachelors of Commerce.
Sydenham College; University of Mumbai
Certifications & Technical Skills:
SAP FI Module: MS Office Advance Excel: Tally ERP 9: NSE – Certified Dealer in Derivative Segment:
Forex & Treasury Management (ICAI) AMFI – Certified Mutual Fund Advisor