SUNIL KUMAR PRABHAKARAN

Doha, Qatar: Mob: - +974-****-****: Email ID: - adwtnq@r.postjobfree.com; https://www.linkedin.com/in/sunilkprabhakaran/

EXECUTIVE PROFILE:

MBA (Finance) & M Com (Cost Accounting) With 25 Years (14 Years in Qatar) of Experience in: -

Consolidation of Branch FS Bank Facility Management Trade Finance Operations

Cost Control & Planning IFRS Based Accounting MIS Reporting & Analysis

Budgeting & Variance Analysis Contract Accounting Liaise with B4 Audit Firms

Cash Flow Management Internal Auditor Payroll Management

Dhareeba – WHT & Contract Taxation & Fund Sourcing Port Folio Management

Dealing with legal cases Labor Law & Tax Law Human Resource Management

POSITIONS HELD: -

Finance Manager - Professional Partners Trading & Contracting

Finance Manager - MH Al Mana Group, Qatar

Chief Accountant - Frijns Structural Steel Middle East, Qatar

Manager (Accounts & Finance) - Graint Indesign, Doha, Qatar

Manager (Accounts) - Nediyara Extrusions Pvt. Ltd, India

Financial Consultant - HDFC Standard Life, India

EDUCATIONAL QUALIFICATIONS:

oMasters in Finance (Financial Accounting)

oMasters in Commerce (Cost Accounting)

oMasters in Industrial Sociology

oGraduation in Commerce (Cost Accounting)

oDiploma in IFRS

oCertification of Financial Modeling in Equity Research

oCMA (Doing)

oDiploma in Computer Applications

COMPUTER PROFICIENCY

oAccounting Software -ERP.Next, Focus ERP, Tally ERP, Quick Book ERP, Peachtree, Lie mar, King, Pioneer & MS Office

SKILLS

Planning and Organizational Skills, Interpersonal Skills, Man Management, Problem-Solving, Analytical Thinking, Good Team Player and Team Leader as well, experienced and enjoying Multinational, Multicultural Environment.

CAREER PROFILE:

Finance Manager – Professional Partners Trading & Contracting (From August 2020)

Professional partners Trading & contracting has the prominence in the fields of Sales, Supply & Installation of Urban & Office Furniture, Play Ground Equipment, Artificial Grass, Sports, Vinyl & Rubber Flooring and Consulting & Design.

ACCOUNTABILITIES

oBank credit Facility, project finance and Trade Finance Operations.

oTo undertake all aspects of financial management, including corporate accounting, regulatory and financial reporting, budget and forecasts preparation, as well as development of internal control policies and procedures.

oResponsible for directing, coordinating, maintaining, and controlling an accounting system that properly reflects the financial position of the Company.

oLiaising with banks for the facilities, guarantees and concerned submissions and renewals.

oVerification of all contracts, Vouchers, Purchase Orders, Supplier Payments, Staff Payments, Expenses Claim and Payroll.

oLiaise with Statutory Auditors for the submission of financial statements to the ministry as per the IFRS.

oArranging MIS Reports as and when required.

Finance Manager –MH Al Mana Group, Doha, Qatar (From January 2017 – August 2020)

M H Al Mana Group of companies formed in 1952 to provide support to the industrial development of Qatar.

I have been working as a Finance Manager for 6 subsidiary companies under M H Al Mana Group. These companies are in the fields of construction, contracting, Water proofing, Landscaping, Movie Theatre, Trading and Digital Marketing.

ORGANISATIONAL STRUCTURE: -

oReporting to General Manager (Managing Partner)

oFunctional Reporting to Group Chief Internal Auditor and to Group CFO

ACCOUNTABILITIES

oDocumentations to obtain project finance facilities from various banks and timely renewal of the existing credit facilities.

oLiaising with banks and submit periodical progress reports and other information as and when required by them

oConsolidation of Branch Financial Statements and Finalization of Annual Trial Balance by verifying WIP, Inventory, Project Costing, actual and accrual, income & expenses and expected credit losses based on IFRS.

oVerification of all Vouchers, Purchase Orders, Supplier Payments, Staff Payments, Expenses Claim, Payroll Management and ensure WHT payments.

oAccounts Receivables management to ensure cash inflow and effective utilization of working capital.

oPreparation of MIS reports, Monthly P&L, Cash flow Statement, AR & AP ageing reports and Schedules to General Manager

oPreparation and submission of Quarterly Financial Statements, Variance report of Actual and Budgeted figures, and bank credit facility details to Group Head Office.

oPreparation of reports to monitor performance against budget and to highlight areas with major deviations to support higher management for any information needed for effective decision making.

oPreparation and submission of Annual Budgets, Forecasts and Business Plans to Group Head Office.

oLiaise with Statutory Auditors and Group Internal Auditors from time to time.

oSupervises the development and implementation of financial information and control systems, including general ledger, budgeting, job costing, cost allocation, and other subsystems.

oResponsible for directing, coordinating, maintaining, and controlling an accounting system that properly reflects the financial position of the Company.

Chief Accountant – Frijns Structural Steel- Doha, Qatar – (March 2011-2016)

Frijns Structural Steel is specialized in engineering, fabrication, painting, erection, cladding and project management of turn- key structural steel works for the petrochemical and process industry.

ORGANISATIONAL STRUCTURE: -

oReporting to CFO and Managing Director

ACCOUNTABILITIES

oReview and ensure timely accounting of monthly accruals, financial terms for vendor contracts and payments.

oFrequent follow up for the receivables from projects by co coordinating with Sales, project and operations departments.

o Ensures internal controls and compliance with company policies and procedures, compliance with local legal and statutory requirements and generally accepted accounting standards.

oArranging Quarterly Reports to group head office.

oAudit supports to group Internal auditors and external auditors

oEnsure all transactions are properly included in General Ledger processing to enable timely closing of company’s books at month end.

oEnsure payments to vendors as per agreed credit terms & release of the same on maturity.

Manager (Accounts & Finance) – Graint Indesign WLL, Doha, Qatar (2008 June to March 2011)

Graint Indesign remains one of the market leaders in Qatar in the interior fit out works and interior design consultancy including construction.

ORGANISATIONAL STRUCTURE

oReporting to Managing Director

ACCOUNTABILITIES

oPrepare and review various budgets by frequent discussions with concerned department heads.

oSupport higher management for the information needed for effective decision making and implementations (MIS on Budgeting, financial planning, and ratio analysis, Bills Receivables & payables by ageing, cost cutting suggestions)

oNegotiation with financial institutions for cheapest interest rates for securities as LC, BG, etc., and cheapest transfer fees for foreign currencies, blocking and holding of foreign currencies as per the highest/ lowest transfer rates.

oInteract and work with external auditors (statutory Audit) to prepare and submit financial reports, and Income tax returns to the tax department.

oDelegation of jobs to subordinates and monitors the performance against clearly defined organizational rules and goals.

Internal Auditor (2009 May to 2011 March)

oWorked as Internal Auditor of two companies they are involved in the business of trading of oil & gas field items, cleaning and maintenance.

oImplementation of Internal controlling measures in accounts & finance, and verification of the same as per the rules and regulation of the company, and the State of Qatar.

Financial Consultant – HDFC Standard Life Insurance, Cochin, India (2007 Jan to May 2008)

HDFC Life, one of India's leading private life insurance companies, offers a range of individual and group insurance solutions. It is a joint venture between Housing Development Finance Corporation Limited (HDFC), India's leading housing finance institution and Standard Life plc, the leading provider of financial services in the United Kingdom.

ACCOUNTABILITIES

oProviding financial and insurance consultation to prospective customers through making presentations, as to how can I help analyze their financial needs.

oProviding customized financial solutions to cater to their respective needs and Conducting reviews on a regular basis to keep our customers on track

oRetain and grow existing customer portfolio, by building long term relationships

Manager (Accounts)- Nediyara Extrusions Pvt. Ltd. Cochin, India (1994 Jan - 2008 May)

Nediyara group of concerns consists of a group of 7 sister concerns including Nediyara Extrusions Pvt. Ltd. All of them are manufacturers and distributors of various products such as water Tanks, Food Containers, Garden Hoses, Conduit pipes, water pipes etc.

ACCOUNTABILITIES

oMonitored and managed over 800 vendors/dealers accounts receivables with more than 12 discount structures

oVariance vs. Budget and Forecast analysis

oPrepared a weekly and monthly Yield Analysis.

oMIS for top level management towards company board decision making and implementation of policies

oManaged monthly inventory reserves (excess and obsolete) analysis

oApproving, monitoring, and reviewing of sale bills, rebates, daily wages, and carriage inwards and outwards vouchers.

oNegotiating and enforcing collections to expedite the clearance on delinquent accounts.

oWorked with external auditors for the financial reports

OTHER ACHIEVMENTS

Sustainability Volunteer for FIFA World Cup Qatar 2022

PERSONAL DETAILS:

Nationality : Indian

Present Residence : Doha, Qatar

Date of Birth : 24th May 1972

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