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Chief Financial Officer

Location:
Dubai, United Arab Emirates
Posted:
August 24, 2023

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Resume:

Executive Profile

Strategic Leader, recognised for successfully spearheading large-scale

financial & business operations with hands-on experience in Core Finance, Financial Planning & Analytics, MIS & Financial Reporting, Risk & Compliance, Finance Control, Strategic Project Management and Costing Currently associated with Mister Shade Group as Chief Financial Officer, reporting directing to CEO of the company Gained 360-degree exposure and experience in adding value to the business through various cost savings and process improvement initiatives; capable of implementing complex business processes and operational improvements

Transition & Migration specialist; spearheaded the migration to ERP packages right from scratch including process stabilization, performance monitoring, key metrics development, resource deployment and stakeholder management

Highly experienced in group consolidation with complex and multi- layer reporting structure

Resourceful in preparing financial models, projections, board presentations on financials performance and business updates on quarterly basis

Proven capabilities in developing and implementing financial & operational controls that improve P&L scenario and competitively position the firm

Gained competency in managing the entire gamut of team management activities including circulating reports among team members, analysing performance, attendance, attrition, coaching and delivering feedback to an individual for enhanced performance

Displayed excellence in forecasting & anticipating requirements, performing trends & variances analysis, developing action plans, measuring & analysing results, initiating corrective actions and minimizing the impact of variances

People engagement specialist; outstanding communication & leadership skills that have been put to excellent use in resolving problems as well as promoting a positive work environment

Career Timeline

Key Impact Areas

Education

Chartered Accountancy (Article

Trainee) Course from ICAI, India

Bachelor of Commerce from

Mahatma Gandhi University, India

Soft Skills

Ajith E. Jacob

ady6jt@r.postjobfree.com +971-**-*******

Thought leader and Accounts & Finance strategist, with 19.5 years of rich & global experience in providing leadership across entire financial functions with consistent record of delivering results in growth, revenue, cost, operational performance & profitability

Soft

Skills

Genpact (GE Capital

International Services),

India Solutions as

Programmer Analyst

Mathew Eapen

& Co. Chartered

Accountant,

India Programmer

Analyst

Envac Middle

East, Dubai

May’03 to Aug’04 Nov’04 to Dec’05 Mar’06 to Feb’21 Jan’22 to Aug’23 Capex Budgeting/

Financial Planning

Financial

Accounting &

Analysis

Cost Savings &

Profitability

Improvement

Risk & Compliance

Management

Team Building &

Structuring

Fund & Cash

Management/

AOPs

Customer

Relationship

Management

Financial Analysis

& Forecasting

Financial/ Internal

Control

Taxation &

Accounting

Mister Shades Group,

Sharjah

IT Skills

ERP Package AX Dynamics, Microsoft Business Central, Peachtree, Tally PeopleSoft (Accounting Package) while in Genpact

Completed computer course in MS Office at Alpha Data, Abu Dhabi Professional Experience

Jan ’22 to Aug '23: Mister Shades Group, Sharjah, UAE as Chief Financial Officer Key Result Areas:

Directly reporting to CEO and advise on various strategies for the departments as well as company’s wellbeing. Ensure credibility of the group by providing timely analysis of budgets, financial trends, and forecasts. Direct line management responsibility for Finance Division. Develop, recommend, and direct all short term and long-range financial plans consistent with corporate philosophy and strategies.

Provide direction to all financial operations (company, project and subsidiary) to insure corporate financial data is as accurate and timely as possible, cash and assets are maximized, and accounting systems are reliable and efficiently implemented.

Oversees the management and coordination of all fiscal reporting activities ensuring the correct and timely internal and external reporting for Tax, Balance Sheet, and P&L. Ensure legal and commercial compliance in all entities of the Group. Oversee the development of and monitor adherence to operational and capital budgets and develop cost containment strategies as required. Suggest and implement ideas for savings and additional revenue generation. Analyse financial information provided by project management teams and identify trends in financial performance. Provide recommendations to strategically enhance financial performance and business opportunities. Evaluates and advises on the impact of long-range planning, introduction of new programs/ strategies and regulatory action.

Coordinate external audits performed by corporate auditors and third-party entities ensuring timely, accurate and professional representation of all information provided. Optimize the handling of bank and deposit relationships and initiate appropriate strategies to enhance cash position and cash management.

Identify potential business opportunities or improvements. Performs other duties as assigned by Founder/Chairman of the Board. Conducting extensive financial reports that focuses on driving operational efficiency, performance, cost reduction, profitability improvement, financial control & smooth system implementations Handling department wise projects and advice on various financial impacts Key player on running a smooth ERP software Dynamics- Business Control Leading team under Finance, Procurement and Project execution Mar’06 to Feb 21: Envac Middle East, Dubai, UAE as Regional Finance Manager Key Result Areas:

Conducting extensive financial analysis that focused on driving operational efficiency, performance, cost reduction, profitability improvement, financial control & smooth system implementations Directing a dedicated team of 8 professionals for managing Accounts & Finance, HR and Admin. activities; evaluating the performance and providing training and development opportunities for Finance staff Driving teams to ensure timely preparation and maintenance of all necessary records of payables & receivables, income & expenses, general ledger, profit & loss, balance sheet accounts, and document business transactions Processing daily invoicing for accounts receivable, monthly commission statements and updating customer payments Undertaking internal & regulatory reporting, accounting operations and forecasting functions; steering the overall accounting operations & audits for the organization Coordinating with annual statutory audit and all administrative functions Managing UAE and Saudi Taxation including VAT, Withholding Tax and Corporate Tax and Zakat Front-leading financial planning and analysis activities such as management reporting & analysis, financial modelling/ cost modelling, forecasting, and special projects Supervising the preparation of financial and business related MIS reports including P&L reports, annual balance sheet and so on

Adhering to accounting controls by following policies and procedures in compliance with legal & regulatory requirements

Providing leadership, strategic consultation & guidance on financial and administrative issues affecting the company Establishing credible financial intelligence for the management and the Project Teams by data analysis across all legal entities

Highlights:

Recognised for implementing Microsoft Dynamics AX 2012 in five legal entities of the company Successfully managed functional planning, data migration, user interface testing, training modules, and integrity verification

Drove strategic vision and conceptualised need-based business strategies for maximizing profitability & revenue generation & realizing organizational goals

Appreciated for preparing & implementing short-term and long-term business plan for company, monitoring actual performance and taking corrective actions for any deviations Nov’04 to Dec’05: Genpact (GE Capital International Services), India as Accounts Assistant Key Result Areas:

Worked in Face Approved Folder, Recurring Folder, Immediate Pay Folder & Auto Pay Folder Worked in purchase order folder; managed all PO vendor set-up and vendor maintenance like change of address, bank details and change in payment terms

Member of vendor set-up team and established 13,000 vendors in system Analysed report capability of the vendor every quarter; monitored monthly tax forms from the vendors, updated the same and issuing tax forms to vendors in US; managed all 1099 calls from vendors & client Resolved queries received by GMB

May’03 to Aug’04: M/s Mathew Eapen & Co. Chartered Accountant, India as Audit Assistant Key Result Areas:

Performed the audit of other company’s accounts by preparing internal and statutory audit report Worked on manual and computerized Accounting System Prepared Reconciliation Statement, Monthly Trial Balance, P&L & Balance Sheet, and statements related with taxation matter

Personal Details

Date of Birth: 15th September 1979/ Languages Known: English, Hindi, Malayalam Place of Birth: Abu Dhabi

Visa Status: Employment Visa (Dubai)

Target Location: Dubai/ Open



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