ANNIE MAMMEN MULLASSERY

adr4kw@r.postjobfree.com

****9524

Kuwait

Professional Summary

Professional Summary

Professionally qualified in Finance and Internal Audit with 20+years of experience as Senior Finance & Risk professional in MNC's and medium companies in diverse industries. Significant experience in overseeing Financial operations, Internal Audit, Controllership-Finance & operations; cost optimization, data analysis, management accounting, implement strategies & systems, monitor financial transactions, reconciliations and IFRS compliance, bank facilities management, financial reporting, provide leadership and focus to accounting, finance departments and evaluate risks & opportunities.

Focuses on creating value by Integrating technical knowledge with data analysis for operational initiatives, a deep understanding of business processes for critical performance metrics and risks, creating an effective assurance environment with Governance, Risk management and Compliance skills. Proven ability to increase organizational effectiveness by establishing & maintaining partnerships, manage

/oversee budgeting and auditing, identifying and addressing potential risks, gaps in effectiveness and efficiency, and implementing change management to reliably achieve business objectives.

Objective & Summary

I am delighted to offer myself as a candidate for the position of Sr. Financial Analyst

/Internal Auditor. Experience includes production of reliable and accurate financial statements and presentations, adhoc reports & monthly analysis; conduct /manage end to end audits with recommendations and corrective actions; assist in month end closing, monthly review against budgets; design, implement, monitor, review/audit and optimize processes, oversee preparation of professional budgets; monitor spending, financial control, cost benefit analysis, data analysis and projections, insights for decision support, root cause analysis, decision making and innovation to build a stronger and more efficient organization. Available to join immediately. Demonstrated work experience as Controller - Finance and Operations Group Internal Auditor, Analyst, Risk management & control, management over accounting process controls, operational effectiveness, compliance, business performance information, Financial Reporting, Financial Planning & Analysis to provide insights for decision support, Preparation of corporate budgets, Variance analysis and presentation in charts, business support analysis, drafting reports, & policies & procedures, Feasibility study, contracts review, business centric recommendation for risk remediation, analysis & insights, and improving the performance of business.

Education

Kerala University

1992

Masters in Commerce (M. Com)

Institute of Internal Auditors

2007

Certified Internal Auditor (CIA, USA)

IMA, USA

Certified Management Accountant

London School of Business & Finance

Certified Risk Based Audit (CRBA)

Experience In Credit Control & Documentation.

Experienced in review/support and ensure Credit agreements are compliant with policies and regulations.

Ability to perform credit assessments, quality check on credit applications, Internal controls and covenant reviews as per policy to ensure risk exposure is within the bank appetite for risk.

Review / validate entries, prepare credit exposure report, prepare end of day management information reports.

Experienced in review of Financial agreements for completion, approval, documentation, disclosures, collaterals, provide day to day support to credit teams, accurate accounting and perform credit procedures, as per credit decisions and policy

& procedure for customer credit.

Experienced in audit of credit files for compliance with financing limits, collateral value, customer financial statements, credit approvals; documentation, disclosure and reporting requirements as per policy.

Professionally qualified to do accurate reporting, presentation, provide information regarding early warning signals of risk, follow up on risk related matters for allocated accounts.

Skills

* Experienced in Retail, ERP systems including SAP. * 20+years of overall combined experience in Finance, Internal Audit and Analysis and Controls in the roles of Controller, Group Internal Auditor - Operations & Finance, Analyst, system implementation in line with business requirements and Consultant. * Professionally qualified as Certified Internal Auditor, Certified Management Accountant (exams passed), Masters in Commerce and Certified Risk Based Audit. *Worked closely with Business Heads on relevant operational aspects, improvement initiatives and drive cost effectiveness and financial control measures across the business. Internal Auditing - Finance & Operations. Manage the end to end planning, performance of audit assignments-including financial or operational audits, prepare audit reports, summary reports, and present them. Evaluate Internal controls, compliance with applicable laws, regulations, policies, contracts and fraud investigations. Help navigate risk, develop or recommend viable solution for problems, provide objective assurance and insight on the effectiveness and efficiency of Governance, Risk management, Internal control process that help achieve its strategic, operations, financial and compliance objectives.

Proven working experience as Controller, responsible for all accounting controls, financial reports, financial planning, forecasting, cash management, Internal controls ans Compliance. Analyze, identify, evaluate and implement recommendations for Internal control deficiencies, process weakness, evaluate risk and suggest remediation measures. Conduct audit or reviews and prepare Audit reports that communicate the criteria observation, Risk root cause and their impact to the business.

Review of policies, procedures and recommend improvements as required. Drafting Standard Operating procedures. Implementation of Key Performance Indicators. Review of year end closing processes * provisions and write off for inventory - slow moving, excess inventory, obsolescence and waste. * sales and delivery reconciliation.

* Review of cash, bank, Supplier & customer reconciliations, Commissions, accruals & provisions.

Professionally qualified to prepare budgets, based on departmental budgets: Variance analysis and comments for corrective action.

Review of contracts, deliverables and monitoring processes to ensure deliverables are received / given as per terms.

Performance management and reporting. Professionally qualified to do Management Accounting - cost allocation of departments to profit /production centres to assess cost by outlet /showroom and compare on monthly basis. Assist management in setting targets and incentives to achieve business goals. Assisted in Operations by ensuring Compliance, adequate sample display in showrooms, supported procurement team, implemented controls in Material transfer, drafting e-commerce website requirements etc.

Financial reporting--Monthly and yearly. Timely insights into financial trends & forecasts related to cost of Sales, revenue streams, operational expenses and profitability for proactive business management. Ratio analysis to measure and compare trends month on month, previous years.

Demonstrated experience in providing insight and decision support analysis, improve controls, processes, procedures, Risk management, cost evaluation, enhancing revenue and improving profit.

Evaluate current forms and reports being used and modify to ensure adequate data is captured, required terms & conditions are included. Review Key Risk data and Key performance Indicators to ensure performance is on track and alert deviations from expectations.

Pocess a good combination of technical expertise in fields such as Internal Audit, Finance, Operations, investigations, strong report writing, analytical and presentation skills. Good verbal and written communications. High level of integrity & dependability with sense of urgency, details and results orientation. Risk management. Good business acumen and critical thinking ability to work integrated and cross functionally with insight into strategy and operations, to validate the effectiveness of Risk mitigation strategies incorporating corporate Governance, accountability, communication and strategic alignment everywhere in the business.

Experience

Jawad Abdullah Al Saffar Trdg. & Cont

Jun2021 -

Controller - Finance & Operations.

Supporting the whole business by designing and implementing internal processes and controls, oversee general Accounting functions and review of closing processes to ensure accurate timely financial statements, monthly financial reporting with comparison of past period, review of management accounting, expense reports, cash flow management and projections, profitability analysis by showroom, product analysis, key performance metrics, comparison of top 100 products by Category and support budget and forecast activities.

Review Accounts Receivable collection and balance. Design/review internal processes and implement improvements and standard forms for operations.

Review of Conract deliverables and cost competitiveness of outsourced services. Ensured loss prevention and escalation procedures for safeguarding of assets of the company.

Support the business to continually ensure that its strategies align with financial goals and objectives are achieved.

Respond to inquiries regarding financial results and special reporting requests. Conduct internal reviews of Distribution partners and Showrooms to identify opportunities for improvement. Ensure a process in place for remediation of issues or risks.

Dissimiate risk and Finance related knowledge and best practices throughout the organization.

Al Muthawa & Sahni, Golazzo Clothing Manufacturer

Oct 2019 - Jul 2020

Consultant - Finance control

Implemented documentation of data and procedures for implementing Tally accounting software with production cost details.

In charge of all accounting and financial reporting functions. Prepared monthly management and inventory reports for monitoring performance of each outlet.

Gulf Resources Trading and Contracting Company

Nov-2018 - Sep-2019

Finance Controller / Internal Auditor

Responsible for the effective performance of finance related process and controls. Focused on the implementation of mobile hand held device software for real time information of distribution of imported food products, efficient pick & stage process, efficient distribution for shelf life management and replenishment decisions. Oversight in managing full spectrum of financial transactions and review of Balance sheet.

Financial analysis and reporting.

Inventory status reports at corporate warehouse and distributed outlets based on shelf life.

Oversee monthly stock verification of vans, reconciliation and remediation. Groupxen Trading and Contracting Company

Mar 2016 - Aug 2018

Group Internal Auditor / Analyst

Worked in conunction with the CEO, Operation Manager and Finance Manager to prepare annual budgets by forecasting monthly sales and service expenses based on historical data, current trends and marketing activities. Drove performance by setting operational targets, designing incentives, monitoring on going performance of sales by outlet, designing promotion as needed and analyzed its effect.

Increased sales by 20% in one outlet and 12%in the other. Reported budget variances.

Conducted financial feasibility studies, cost evaluations, Internal Audits and investigations.

Eurocomm Mobile chain stores & Polyplast plastic manufacturing company. Sep 2014 - Feb 2016

Consultant - Accounts & investigation.

Worked together with the owner to provide legally admissible evidence against the prior company management fraud.

Closely worked with operations to minimize potential financial loss, understand and smoothen bottlenecks.

Built a model to understand the cost of hoods sold from the production process considering yield and wastage.

Analyzed showroom performance, reviewed physical verification counts, reconciliations and valuation.

Group Alghanim Industries

Jul 2008 - Dec 2013

Group Internal Auditor

Promoted as Group Internal Auditor, after qualifying as Certified Internal Auditor. Conducted the highest number of solo Audits in the year 2012. Conducted Audits in Alghanim Automotive Group in all its outlets of General Motors - New car showroom, Certified cars, Rent-A-Car Avis and Europcar, Bumper to Bumper service centre, Lease sales, Warranty audit, Authorized service center, Spare parts outlets, Alghanim Electronics - Xcite chain stores in Kuwait. Other Audits included Gulf Refergeration and Trading Company, Alghanim Barwell, BDO advertising company, Xerox, manufacturing company's in India Rocjwool insulation manufacturing and Kirby - prefabricated building and Group support functions of Treasury and Financial planning & Analysis. KIMMCO. Subsidery of Alghanim Industries.

Jan 1996 - 2098 April

Sr. Accountant - Receivables & Credit

Managed & monitored the Credit quality and collection of credit sales whi h is 98% of total sales.

Periodic review of customer accounts, ensuring collaterals are valid, advance deposits are received, bank guarantee is sufficient, and customer documents received, credit worthiness verified and ensured compliance with procedures. Implented IAGC inurance to cover Collection risk for new customers. Ensured timely renewal of bank guarantees or collaterals, reports of Inter Arab credit guarantee corporation.

Prepared corporate credit exposure report, highlighting risk concentrations. Supported working capital loan with Company Trade Receivables. Followed up legal cases and reported on cash collection forecasts, forex reports, LC charges etc.,

Personal Details

Marital Status : Married

Visa Status : Transferable. 18 number visa.

Notice period : On notice period. Can join immediately.

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