Balaprakash

Harikrishnan

+973-********

adp8qy@r.postjobfree.com

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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