Finance Manager Financial Controller
Resume:
Balaprakash
Harikrishnan
********@*******.***
Senior Finance Professional, with over 24 years of rich experience in driving profitability & growth across financial operations with hands-on experience in financial & operational performance monitoring, setting up finance & accounts operations right from scratch, implementing ERP, annual budgeting, strategic cost management, forecasting, and variance analysis
Excellence in reviewing and enhancing all financial procedures & internal controls, automating financial information systems along with business planning and strategy
Expertise in spearheading Corporate Finance Function, as per IFRS & IGAAP of leading organizations in Management Consulting & Service domains
Successfully drove ERP implementation – SAP in Orchid Pharmaceuticals, Chennai, Ramco Marshall in Precision Fasteners in UAE, Oracle in Y K Almoayyed
& Sons, Bahrain and so on
Played a key role in reducing & negotiating cost in procurement by opting alternative sources received good projects through measuring estimate submission as well as conducted audit both external & internal
Excels in augmenting finance & business performances to create competitive advantages through vision and cost-generating operational leadership
Proficient in ensuring proper alignment of analytics with strategic business initiatives encompassing understanding of omni-channel behaviour, and building recommendation engines
Successfully defined KPIs & metrics for the team and ensured achievement of the goals while collaborating with Senior Level Management Team in decision-making process
Key People Leader, who has successfully led teams towards growth and success in the organization
CPA (USA) - Pursuing
CMA (US), Certified from Institute of
Management Accountants (IMA), USA, 2009
Post Graduate Diploma in Financial
Management from IGNOU, New Delhi (MBA-
Finance), 1998
Bachelors in Law from Andhra University,
Visakhapatnam, 1996
Post Graduate Diploma in Personnel
Management & Industrial Relations from
Annamalai University, 1996
FCMA - Fellow Member, Institute of Cost
Accountants of India (ICAI), 1995
Post Graduate Diploma in Public Relations
from Annamalai University, 1995
Masters in Commerce from University of
Madras, Chennai, 1993
Certified in “mySAP Financials – Managerial &
Financial Accounting: SAP FICO, Germany
Attended training on Actual Costing/Material
Ledger in SAP Environment conducted by SAP-
India, Bengaluru, India
Post Graduate Diploma in Computer Applications
(PGDCA) from LIBA, Chennai, India
Training Program in National Informatics
Centre (New Delhi), NIIT (Chennai), Advanced
Technical Institute (Chennai), IK Computer
Centre (Chennai)
Oct’01 –
Aug'08
Orchid
Chemicals &
Pharmaceutic
als Ltd., India
Aug’08 –
Jan’12
Precision
Fasteners LLC,
UAE
Feb’12 –
Sep’14
Y K
Almoayyed &
Sons, Bahrain
Sep’14 –
Dec’19
Eastern
Asphalt &
Mixed
Concrete CO.
WLL., Bahrain
Dec’19 – till
date
Aradous
Contracting &
Maintenance
Co. WLL and
3DI Interiors,
Bahrain
Strategic Planning
& Leadership
Financial
Controllership
Budgeting /
Forecasting / Cost
Control
Accounting /
Taxation / Audits
/ Internal Control
Corporate
Financing
Business Process
Improvement
Cross-functional
Coordination
Statutory
Compliance
Management /
MIS Reporting
CAREER TIMELINE – Recent 5
PROFILE SUMMARY
CERTIFICATION & TRAINING
EDUCATION
CORE COMPETENCIES
A goal-oriented professional with a strong record of contributions in streamlining financial operations, invigorating businesses, heightening growth, systems & procedures; targeting to express potential in senior level assignments in Finance & Accounts
Aradous Contracting & Maintenance Co. WLL and 3DI Interiors as Financial Controller Dec’19 – till date Key Result Areas:
Piloting the entire gamut of Financial & Accounts function including Financial Planning & Implementation, Cash Flow Management, Budgeting, Forecasting, Finalization of Accounts, Taxation, MIS, and Variance analysis
Delivering financial & analytical support to all levels of management; administering working capital management, preparation of various business models & plans with Financial Reporting
Driving strategic planning, financial & operational effectiveness, & monitoring metrics tied to the strategies
Collaborating with leadership teams to lower revenue leakage, by highlighting missing/non-approved scenarios
Driving implementation of Buildsmart ERP thereby linking Candy System which is of project-based package to facilitate online information of project along with its estimates
Devising annual business plan, annual budgets, projected cash flow statements and conducting various analysis to determine difference between projected & actual results and implementing corrective actions
Defining financial objectives and formulating & implementing systems, policies & procedures to facilitate internal financial control in the areas of pricing, credit and collection
Steered focus on cost reduction & cost control activities by extensively involving in purchase negotiation and finance terms
Reviewing performance, monitoring and analysing monthly/ quarterly operating / financial results with preset budgeted parameters for the business units
Coordinating with the Statutory Auditors for effective & timely completion of accounts
Presenting a true and fair view of the financial position of the company by way of timely preparation of annual reports and ensuring analysis of expenditure on a monthly basis to control expenses
Identifying areas of improvements and recommending measures to achieve operational excellence Highlights:
Played a key role in addressing & resolving long pending collection & legal issues successfully
Managed Bank Financing received with good terms
Successfully introduced new Payroll Procedures ensure with the use of technology
Established robust relations with major suppliers so as to ensure the supplies made in time amidst suitably handling the fund constraints
Eastern Asphalt & Mixed Concrete CO. W.L.L., Bahrain as Finance Manager Sep’14 – Dec’19 Key Result Areas:
Drove entire finance & accounting operations, devised commercial strategies for maximizing profitability and revenue gain in line with corporate goals
Formulated & implemented financial strategies, budgets and business solutions to meet the organizational requirements
Defined financial, design systems, policies & procedures to facilitate internal financial control
Established the critical business success criteria & closely managed the business within the critical success criteria
Prepared budgets & conducted variance analysis to determine difference between projected & actual results and implemented corrective actions for the same
Managed the team while delegating work, updating them with latest trends & techniques in the process Highlights:
Successfully executed and initiated in-house developed ERP package
Executed month-end closure and reviewed MIS on a weekly basis with all Production Heads
Hosted & implemented system controls & constantly interfaced with technical heads to control cost Y K Almoayyed & Sons, Manama, Bahrain as Finance Manager Feb’12 – Sep’14 Highlights:
Successfully executed Oracle R 12 ERP whole cycle within the set time
Revised & controlled process and outlined monthly management information system in coordination with IFRS
Coordinated with various functional heads in order to improve process and accountability
Tracked and monitored ways to control cost and recognized nonvalue added services
Conducted internal audit for evaluating internal control systems to highlight shortcomings and implemented necessary recommendations in liaison with internal auditors and statutory auditors WORK EXPERIENCE
Precision Fasteners LLC, Dubai, UAE as Financial Controller Aug’08 – Jan’12 Highlights:
Steered efforts with a team of 9 to manage accountants for ensuring smooth & timely execution of various accounting processes
Successfully established process to avoid wastage/scrap & identified alternative source of supply with better quality at inexpensive source
Maintained day-to-day financial control of the services within the prescribed budget limits, procedures, policies, and so on
Produced special insightful analysis on specific areas of business performances as and when required by various department heads through detailed presentations
Orchid Chemicals & Pharmaceuticals Ltd., Chennai, Tamil Nadu, India as Senior Manager - Costing & MIS Oct’01 – Aug'08 Tractors & Farm Equipment Ltd. (TAFE), Chennai, Tamil Nadu, India as Senior Executive – Cost Mar’98 – Oct’01 Philips Medical Systems India Ltd., Chennai, India as Regional Management & Commercial Desk May’97 – Mar’98 CPWD (Ministry of Urban Development), Government of India as Stenographer Feb’88 – May’97
Windows NT, C, C++, Oracle, Visual Basic, HTML, Java, MS Office, Lotus Smart Suite, D-Base, FoxPro and Internet Applications
SAP – FICO Certified, PGDCA, Implementation EXP. in SAP, Oracle, Ramco Marshall, In-house ERP using .NET & SQL Date of Birth: 3rd Dec 1967
Languages Known: English, Tamil, Telugu and Hindi
Nationality: Indian
Marital Status: Married
Visa Details: Bahrain Residence Visa: 3732812 Expiry: Dec. 30, 2023 Passport Details: V1869032 (Dec.2031)
Driving License Details: UAE Driving License: 1495532 (Light Vehicles) PERSONAL DETAILS
IT SKILLS
PREVIOUS EXPERIENCE
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