Curriculum Vitae Sanjeev Bhalla

+971-**-***-**** adrx7x@r.postjobfree.com

Profile & Objective

• A senior finance executive, currently Senior Financial Controller with NCC, earlier roles including Head of Finance (Axiom), Director Finance & Budgeting Planning (Ooredoo) and positions with Hutchison, Reliance, Airtel and NEI. My experience spans Manufacturing, Telecoms, Retail - Supermarkets, Catering, Construction and Facilities Management, Food Production, Food & Beverage Trading.

• Substantial international experience and capable of leading multicultural finance teams. Completely business fluent in English (also speaks Hindi and Punjabi)

• Solutions-driven executive with extensive hands-on financial management and analysis background. P&L responsibility for the organisations with revenue exceeding $2 billion. Core Competencies

Cross-Functional Management ~ Team Development & Leadership ~ Productivity & Performance Improvement Process Creation ~ Revenue Assurance & Fraud Management ~ Financials & Annual Reports ~ IPO~ Project Management ~ Procurement ~ M&A~ Financial Planning & Analysis ~ Fixed Assets Management ~ Strategic & Budget Planning ~ Treasury Management ~ Cash & Collection Management ~ Audit Risk & Compliance Management ~ IFRS ~ SOX compliance ~ Consolidation of Accounts ~ Financial Modelling ~ Investors Relation. Work Experience & Achievements

National Catering Company, UAE; February 2016 to date, http://www.nccauh.ae/, http://www.nigm.ae/, https://www.souqplanet.ae/, http://www.tamweensolutions.ae/ Senior Financial Controller (UAE)

{Catering, Restaurant, Retail: Supermarket, Construction, Food Production, F&B Trading and IT Company}

• Reports directly to the Group CFO & dotted line reporting to COO and Audit Committee.

• Provide leadership in the development for the continuous evaluation of short and long-term strategic financial objectives for Retail (Supermarket), Catering and Food & Beverage trading business.

• Managing working capital, Inventories & Accounts Receivable, Credit Collection (Debtors reconciliation, ageing analysis, invoice dispute resolution & recommendation for legal).

• Secured funding of USD 12 million from HSBC for the New office premises, warehouse & logistics facility.

• In-house: Implemented VAT & Excise, system integration Savings AED 300k

• Implemented cloud-based ERP ‘Business Core’. Developed new system controls – Risk & Control Matrix

• Ensure creditability of Finance Group by providing timely and accurate analysis of budgets, financial trends, and forecast. Pricing & Business proposal approval. Preparing monthly Product Wise Profitability Report.

• Overseeing the Procurement & Logistics Division. Responsible for Sourcing and Logistics Planning

• Establish Purchase committee and enhanced commercial function lead to savings of AED 1.7 million

• Establish Inventory controls and reduction in Food wastage leads to savings of AED 1.1 million p.a

• Rolled out the process of Bid and Tenders for better pricing and achieved saving targets.

• Monthly P&L and Balance sheet analysis with appropriate recommendations.

• Manage processes for financial forecasting, budgets and consolidation and reporting to the management.

• Formulating and overseeing the implementation of an internal control framework, guidelines, policies and procedures for the functioning of the Finance & Accounting of all NCC Group companies.

• Implementation of E-commerce and signed agreements with Instashop, El Grocer, Swan and Soopa

• Developed Credit appraisal and credit monitoring process. Achieved 93% collection.

• The realisation of Fire Insurance claim of USD 2 million for Abela Supermarket in Abu Dhabi

• Played a key role in the merger & acquisition of Grakonet & Gecko LLC. Secured a Funding of 18M USD.

• Managed the implementation of the first Digital Retail Abela supermarket https://www.souqplanet.ae/,

• Establish an Internal Audit Function (IAD) and Lead ICV exercise, achieved the certification.

• Implementation of IFRS 9, IFRS 15 and IFRS 16

Curriculum Vitae Sanjeev Bhalla

+971-**-***-**** adrx7x@r.postjobfree.com

Axiom Telecom, Bahrain December 2013 to December 2015, http://www.axiomtelecom.com/ Head of Finance (UAE)

(Retail & Wholesale trader of handsets & devices)

• Driving the Annual budgeting, Balanced Scorecard & Strategy sessions with HR, IT, Operations teams.

• Accountable for all financial and management reporting besides risk management and controls

• Provide advice to the business on value-add opportunities including financing alternatives, pricing strategies, procurement contract terms and conditions and cost efficiency opportunities.

• Led all reporting, risk management, revenue assurance & Fraud, treasury operations, working capital, credit management, & strategy sessions with cross-functional colleagues.

• Provided advice on financing alternatives, pricing strategies, contract terms & conditions and cost efficiency opportunities. Involved in preparation of customer Journey & product life cycle management.

• Developed a new Finance Manual. (AR, AP, Fixed Assets, Budgeting) for smooth operations.

• Drove retail outlet profitability and implemented inventory control systems.

• Developed a new dashboard & automated KPI monitoring & margin analysis.

• E-Commerce implementation.

Wataniya Telecom, Kuwait; Jun 2006 to Sept. 2013 (Annual Turnover $ 2.4 billion) Oversee Kuwait, Algeria, Tunisia, Palestine & Maldives Director Finance & Budgeting planning http://www.ooredoo.com/en

• Reports directly to the CFO leads a team of 30 members (including three managers).

• Oversees all accounting (IFRS), finance, and treasury functions play a key and central role in corporate and strategic planning by studying, analysing, and reporting on trends, expansion opportunities, and projecting future growth of the organisation. Implemented a rolling forecast comparing with Budget.

• Handling NMTC Group consolidation (IFRS) and submission of audited financials to Kuwait Stock Exchange. Finalisation of Annual Reports and Quarterly Financial Press release.

• Tax Savings of KD 4.5 Million (Equivalent USD 13.5 Million) using double taxation agreements.

• Closely involved in group acquisition activities. Held lead role in Acquisition (Deal Value USD 5.6M) of FONO

• USD 500 million from NBK, Kuwait to increase stake in Tunisian Telecom. (25% stake bought from Orascom Telecom the deal size was USD 1.2 billion)

• Spearheaded formal budgeting process, working cross-functionally to ensure department concerns and strategies are incorporated into all stages of budgeting and planning.

• Monitoring CAPEX and OPEX budget, highlighting the significant variances and recommendations to the management. Developed the cost centre reporting to ensure concern managers are accountable for the cost.

• Developed Channel partners/ Dealers commission structure and finalise the agreements.

• Implemented a new Revenue Assurance & Subex Real-Time Fraud Management System.

• Team Lead for mobile money project. Analyse Fraud cases and rectify and recommend to establish better control and mitigate the Fraud. Pre and Post analysis of Business case.

• Oversaw Supply chain & Procurement, logistics division.

• Enhanced Procurement process establish a matrixed environment -negotiated 3G contract with Huawei.

• Single point of contact for all audit-related queries (external and internal) and coordinate with different areas in clearing/implementation of audit recommendations.

• Proposed and implemented new tariff plans for B2B customers, leading to an annual revenue increase of

$1M and ultimately broadening the organisation’s service capabilities.

• Developed & Implemented Business planning process and LRIC model for interconnecting pricing.

• Lead cost-optimisation program & reports to Qtel achieving USD 1.5 Million savings –The year 2012.

• Developed & Written Finance Manual (AP/AR/FA/Budget/Forex/Treasury/Dividend/Investment Policy)

• Implemented Retail Accounting System and developed a POS profitability report.

• Dealt with Telecom Regulatory -CITRA in Kuwait and Ministry of communication, Kuwait Curriculum Vitae Sanjeev Bhalla

+971-**-***-**** adrx7x@r.postjobfree.com

Previous Experience:

Hutchison Essar, Delhi, India; Mar. 2004 to Feb.2006 Manager, Finance Telecoms Company acquired by Vodafone in 2007

• At Hutchison Essar, generated $1M in cost savings by developing and implementing an innovative Network Maintenance Agreement. Implementation of SOX and Reporting based on IGAAP and US GAAP.

• Realized a sum of $300K from BSNL related to Interconnect, which was critical in the realisation of money. Reliance, Mumbai, India; Sep 2002 to Jan 2004

Team Leader, Commercial

• At Reliance, generated $100K in cost savings through the development and execution of a new employee payroll program. Certificate of Merit for excellence performance in the year 2003.

• Supported in the IPO process.

Bharti Hexacom India Ltd, Jaipur, India; Nov 1996 to Aug 2002 Manager, Finance & Accounts

A telecom company acquired by Bharti Airtel in 2005

• At Bharti (AIRTEL) Hexacom won ‘Best Employee/Excellence Award’ for 2001 – 2002 for an extraordinary performance shown in the product profitability, financial modelling & Pricing Strategy.

• Secured Funding from ABN AMRO Bank amounting to USD 12.165 million. National Engineering Industries Ltd., India; January 1991 to October 1996 Chief Accountant (A manufacturer of Ball Bearing) – NTN CORP0RATION- JAPAN Education

Certified Financial Consultant, The Institute of Financial Consultants, Vancouver, Canada- 2011 Certified Internal Control Auditor, The Institute for Internal Controls, New Jersey, USA- 2011 Post Graduate Diploma, International Business Operations, IGNOU 2002 Master of Business Administration, Finance, Intercultural Open University, The Netherlands 1999 Post Graduate Diploma, Financial Management, IGNOU 1997 Post Graduate Diploma, Banking & Finance, Rajasthan University 1996 Master of Commerce, Business Administration, Rajasthan University 1994 Master of Commerce, Accountancy & Business Statistics, Rajasthan University 1992 Training

Green Belt Six-Sigma Certification; Managing Projects Training – The George Washington University Advanced Financial Modelling – Chicago Capital Group, LLC Diploma in IFRS by ACCA (UK) [live online training] COGNOS Controller Training;Oracle; Hyperion Financial Management (HFM); SAP; MS Dynamics 365 Personal

Birth Date: 25th Sept 1970

Languages: English, Hindi and Punjabi

Nationality: Indian

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