Executive Finance Leader - 18+ Years Across Global Markets

GURVINDER SINGH

WhatsApp: +256-***-**-**** & +91-87-554-*****

Mobile No: +256-***-**-****

E-Mail: *********.*******@*****.***

Skype: pradhan133

Performance-Driven Finance, Accounts, Audit, Tax, Sales, Operations, Administration & Management

~ Strategic, methodical and reliable; enjoy the challenge of resolving long-term issues, and influencing revenue-positive outcomes ~ EXECUTIVE SUMMARY

Top-performing and Result-oriented professional with over 18 years + of demonstrated expertise in Finance, Corporate Finance, Tax, Business Transformation, Investment, Project Management, HR, Marketing, Operations etc.

International work experience and Countries such as Burundi, DRC Congo, Ethiopian, Goma, India, Kenya, Malawi, Mauritius, Nigeria, Rwanda, Uganda, Dubai (UAE), Tanzania, and South Africa.

Track record of managing a 36+ team size and experience in, Manufacturing, Construction, Travel, FMCG, Trading and service industries such as Management Reports and Financial Analysis /Auditing / Operations/ Implementation of financial systems / Inventory management / Cost reduction /Accounting/ Taxation & legal.

Track record of establishing ERP System in 29 Countries of Satguru Group in Africa.

Worked as a Finance consultant to USA companies such as AT Inc., Munch Ado, and Advent Matrix Inc.

Conducted Audit programs such as Tax, Statutory, Compliance, Financial and System, Internal and external audits of various organizations such as banks, Financial Institutions, Companies and Government etc.

Proficient in development of SBU business plans, policies, & procedures and assisting the management in giving direction to business. Consulting on Business Decisions and Strategic Planning

Certification in Corporate Finance & Finance Modelling from Corporate Finance Institute® (CFI).

Certificate in Audit & Assurance from KPMG and Certificate in Investment Banking from J.P. Morgan ((Forage).

Certificate in Artificial Intelligence from Cognizant and Certificate in Digital Intelligence from PWC ((Forage).

Certification in Corporate Strategic Planning & Inventory Management from HP Hewlett-Packard

Certification in Business Management (International Business) from IBMI, (Berlin) Germany.

Certification in Business Management (Finance) & Global Strategy from Indian Institute of Management (IIM), Bangalore.

Certification in Strategic & Operations Management from Indian Institute of Management (IIM), Ahmedabad

Cert FMAA™ (Financial and Managerial Accounting Associate), Institute of Management Accountants, USA

Certification in HR Management and Public Relations from Oxford home Study.

Certification in Six Sigma Yellow Belt™ (CSSYB™) & Green Belt™ (CSSYB™) from International Six Sigma Institute

Certification in Project and Construction Management from Oxford Home Study Centre.

Certification in Data Analytics from Accenture and Certificate in Treasury and Trade from Citi Bank (Forage).

Certification Digital Economy from the Asian Development Bank Institute (ADBI).

Certification in Ethics and Governance of Artificial Intelligence for Health from World Health Organization.

Certification Integrated National Financing Frameworks from the United Nations

Certification in Financial Management and Disbursements from the World bank group

Well-versed in conceptualizing and implementing financial procedures and preparing financial statements as per Indian/US – GAAP, IAS, Africa Accounting Standard and IFRS.

Handling Government Clients such as UNDP, UNFPA, World Vision, Action AID, WHO, Airtel, MTN, Ministry of Governments, URA, Ministry of Water, UNICEF, Banks & Financial Institutions, Embassy, IATA Clients, Rwanda Air, Ethiopian Airline, Kenya Airways and Corporate Companies in India, Dubai, East & West Africa Regions.

Proficient in implementing various business intelligence models such as SAP (FICO, AP, AR, GL, Fixed Assets, CRM, BW, CPOD, IDM, live tracker & BPC), FACTS ERP, Oracle ERP, KOSA, Slack, Tally, Oracle, Zoho, VNC ERP, EBIZ FRAME 7.4, Quick Books etc, Core Competencies

Arrangement of Finance Financial Restructuring Strategic & Financial Planning Financial Control & Management Working Capital Management Funds Flow Management Cash Flow Management Strategic Sourcing Accounts Finalization Mergers and Acquisition Auditing /Capital Budgeting Statutory Compliances Corporate Governance Cost Planning & Management Budget Monitoring Internal Control Review & Auditing Resource Optimization Policies & Procedures Introduction WORK EXPERIENCE

SMS CONSTRUCTION LIMITED, UGANDA FINANCE HEAD Mar ’2023 -Present Key Profile:

Exhibiting business leadership, partnering with Boards of Directors, Banks and Financial Institutions while driving business negotiations and fund management functions

Headed end-to-end finance operations for multiple construction projects (residential / commercial and Operations unit of 220 Million USD in a year with a staff of 2750+ payroll.

Heading Team size of 17 employees and overseeing the function of Accounts and finance, HR, Stores, Procurement, Quarry, Batching Plant, and Carpentry.

Monitoring of EPCC and Turnkey projects for Business Case assumptions - progress, cash flow projection and investments, etc. Closely work with the Project team concerning the smooth execution of the project and prepare value of ongoing projects

(WIP), Projects Overruns in terms of budget, Evaluating potential investments, value chain analysis.

Preparing Monthly Profit and loss reports for the various Projects at sites, Concrete Plant, Quarry, and Carpentry.

Drafting and presenting Daily, weekly, and monthly Management reports and providing analytical views for critical functions on productivity analysis, Inventory turnover analysis, Costing, COGS, Contribution, Breakeven, EBITDA, Sale Reports, Expense Reports, Allocation Reports, Claim Reports, Debtor Report, Cash Flow, Profit & Loss etc.

Structure, negotiate, and review varied business, commercial, vendor, customer, consultancy, equipment/ plant suppliers, civil contractors, consultants, erection and commissioning engineering companies, and other legal documents.

Led project and service delivery in the areas of fundraising, capital restructuring, domestic & and international tax advisory, risk management, and special finance transformation projects.

Manage accountants and periodically review general ledger entries, to check accuracy and compliance with the established rules and accounting principles and that all entries are supported with valid documents.

Responsible for monthly and annual statuary returns such as Corporate Tax, Withholding Tax, PAYE, NSSF, VAT, Annual Return, Trading License, Immigration and insurance renewal and liaison with External Auditors to finalize a Balance sheet.

Negotiated/ liaised with banks for obtaining & renewal of Term Loans, Opening LC, Bank Guarantee & OD, bill discounting, fund-based & non-fund-based limits and also getting & canceling of BG’s, ILC’s etc.

Participate in Commercial BID preparation/evaluation as per BID BOQ in the Form of Tender with resources loaded and activity-based costing with preamble compliance, submission of Tender, Negotiation, and signing of contract document,

Directly involved with Importers and Local Supplier's markets for the purchase orders, negotiations and managing Import Projection orders vs Actual from different countries.

Regularly perform stock analysis and present non-moving and dead stock, help to maintain inventory at required reorder level and price analysis.

Preparing a report such as IRR, DSCR, EPC margins, module price indices, PPA performance, DISCOM/C&I receivables, Scenario Analysis vs. Sensitivity Analysis, Debt & Liquidity Stress Testing, Cost-Benefit Analysis (CBA), Fraud & Detection, Backlog & Pipeline Analysis

Entered into negotiations with all equipment/ plant suppliers, civil contractors, consultants, erection and commissioning engineering companies, transporters, etc, and successfully finalised orders in terms of pricing and credit limit.

Restructured project planning & cost estimation functions, resulting in improved visibility and control over overheads. Enterprises Impact-

Strategic Planning: Developed long-term strategic business plans: Concrete Batch Plant (4 Years), Carpentry Namanve (5 Years), Quarry (3 years), and Projects.

Planning a Yearly/ Monthly/Weekly – Prepare a Project wise Cash Flow, Budget vs Actual and P& L Projections.

Monitoring Retentions and Advance payment project wise and recommendations.

Handling day-to-day finance and operation activity of projects such as Marriott Hotel, IGG, NSSF, Uganda Cancer Institute, Kabojja, Kitante, MBUYA, SOROTI, BUKEDEA, Postal Uganda, etc.

Set up new business SBU invested USD 3.4 million in Carpentry Namanve & Quarry Manufacturing.

Involved in a tax planning exercise and helped the Company save tax every financial year.

Saved USD 175K and established credibility by early settlement with vendors.

Directly involved in day-to-day operations of Carpentry Namnave, Quarry, and Concrete Batch Plant unit

Fund Raising: Mobilized debt funding of 64mn USD for construction projects and Manufacturing units from Equity bank, Absa Bank and Stanbic Bank.

Imparted suggestions & advice to management for optimum level of productivity by restructuring & maintaining core staff turnover reduction from 14% to6.5%

Halted a revenue leakage and recovered 1.8 M USD of unbilled claims, of Projects.

Reduced spending by $ 1.2 by analyzing supplier performance and re-negotiating pricing, as well as terms of service.

Conceptualized and implemented strategic changes to the reducing worker’s Overtime by $31,000 annually.

Prevented a 190K USD financial loss by conducting an audit of the Batch Plant and highlighted the risk to the management.

Conducted an Internal audit for the Bukedde Project, found a discrepancy of 150K USD, and highlighted to Management.

Analysis of an ROI for Carpentry Namanve which is idle and prepare a recovery plan for the 5-year plan by NP.

Collaborated with project managers to monitor project budgets, analyze deviations, and implement cost-saving measures, resulting in a 15% reduction in project costs.

Introduce an individual monthly departmental budget/Business plan which reduces the expense by 13% annually.

Empowered independently to conclude fx deals (buy/sell) to cover 1.9 USD approx. monthly.

Proved impactful in negotiating & and implementing revised rates and interest on existing facility resulting in a substantial reduction in payable finance charges.

Finalized monthly budget and Business Plan for 14 Projects and 3 business units and led monthly rolling forecasting process based on robust assumptions, data & and insights.

Developed cost management & pricing strategies across all 14 Projects, resulting in an improved net profit margin of 3.5%.

Resolved the URA query of 4.2bn UGX for Income Tax. VAT, PAYE, WHT from 2018-2020.

Worked on new projects bidding, including finalization of BOQ, cost escalation, direct & and indirect cost projections

Radically involved in establishing different processes of Import Purchase, controls & and systems to ensure operational excellence and reduce risk by 18%

Implementing a bonded warehouse in a strategic move to save on import duties and reduce finance costs. Collaborated with procurement teams to negotiate vendor contracts and pricing, achieving cost savings of 18%.

Implementation of Centralized Stores of all units/Sites by reducing the risk of theft and misuse.

Revised & implemented improvements in budgetary control which reduced revenue expenditure by 5.6%

Restructured Group Insurance (Assets & Liability). Negotiated the risk cover and achieved ~20% savings in premium cost.

Recovered 2-year-old bill discount margin money from bank -23k USD.

Implementation and improving utilization of ERP Oracle and Zoho People.

Establish the monthly Business plan, KPI’s, Cash flow weekly projection, and Monthly projections for the smooth running of business operations and projects.

APPLIANCE WORLD LIMITED, (LG) UGANDA FINANCE AND COMMERICAL HEAD May ’2019 -Feb’ 2023 Enterprises Impact-

Steered efforts and Liaised with bank officials and negotiated terms to obtain Bank facility from Absa Bank,, Exim Bank, and Cairo Bank of the worth of working capital ($12.5 M) and ($6.5M) Construction projects.

Developing a matrix and analysis with the Sales team for the projections by achieving a yearly turnover target with a margin control of 78% to 86% for the Sales Projections.

Partnered with sales and marketing to create pricing models that increased competitive edge and maximized profitability across key product lines.

Reduced the Inventory holding costs, ensured speedy collection of over dues, and negotiated with suppliers for a better credit period.

Provide 3/5 Year Business Plans and forecasting, Establish the Control Budgets, and Periodical MIS reports.

Investigated Service Center sales from 2014-2019 and found 72K USD UGX not invoiced.

Handle an AC Project of NSSF Building (Pension Tower), Pepsi, Ministry of Finance, Ministry of Energy, Grant Thornton, Uganda Revenue Authority, Uganda Cancer Institute, United Nations, UNHCR, Equity Bank, Ministry of Finance, Mulago Hospital, IRA, Civil Aviation authority worth of above 68Mn USD, day to day operation.

Developed and implemented a system function that flagged and blocked invoices with low sales margins and discontinued the sales force's pricing freedom, thus increasing gross profit margin by 18%.

Implemented a Credit Control System including monthly aging analysis of Debtors which resulted in a lower risk of bad debts and better working capital management as well as a reduction in the Average Collection Period from 54 Days to 35 Days

Empowered independently to conclude fx deals (buy/sell) to cover 850K USD approx. monthly.

Proved impactful in negotiating & implementing revised rates and interest on existing facility resulting in a substantial reduction in payable finance charges from 10.5% to 8%.

Introducing of new brands and segments such as Duratek, Volt Secure, Phillip, Bruhm, Simfier, System Air and Daikin.

Resolved the URA query of 3.5bn UGX for Income Tax. VAT, PAYE, WHT from 2010-2020.

Resolved the URA query of 12.5 bn UGX for VAT, PAYE, and Bank Analysis from 2016-2019.

Resolved the URA query of Custom audit 22bn UGX from 2017 to 2021.

Resolved the query for NSSF of 650mn UGX form 2013-2020.

Analysis of Dealers’ sales from 2008-June to 2021 and boost up dealer sales by 35% in the same year.

Analysis of a Services contract from 2013- 2021 and adding up a 45 client’s portal of 665 units of value 220k USD per year.

Robust procedures initiated towards the collection of Debtors, which was due for over 15 months to the tune of$ 375,000, within 9 months

Modifying old stock from sales of process flow resulted in a reduction of scrap dead stock from 15% to 8%.

Took charge of the commercial department to increase & maintain customer base by 95% and customer satisfaction rate of 90% in terms of surveys and achieved a 105% increase in Sales in the year 2019 to 2021.

Recover 65k USD from the Insurance Company in reconciliation (2012-2018) and 35k USD from freight in reconciliation. QUALITY GROUP, TANZANIA FINANCE HEAD Nov’14- April 2019 Enterprises Impact-

Monitor Financial activities covering Term Loan sanctions, Working Capital Renewals, Fund Flow, Cash Flow, monitoring Non- Fund Based Limits such as L/C, B/G, etc of approx. 87m USD.

Handling Company such as Quality Extended, Quality Motors, American Super Market.

Consolidate and present the Treasury report and inter-company transactions, Management Profit and Loss, Salary sheet, Procurement and vendor management, working capital analysis, inventory position, Project Cost Analysis, and profitability Analysis, Bank Guarantee & LC group level and cash flow projections at the group level of 78 units.

Handling Government and Corporate projects such client such as Tanesco, TPA, REA,ZECO, PDB,TTCL,TPSC worth of value of 350m USD.

Reconcile the Bank Guarantee, such as PG, Bid Security, LC, APG, RG, at the group level, examine the expiry guarantee worth 58mn USD, which was collected from the bank.

Significant contribution in negotiating with commercials of transporters for optimal prices thereby bringing savings of USD 95k.

Was a lead member in representing the company to TRA authorities during assessment and submitted documents saving over $ 3million.

Led Hedging policy & strategies to protect the costs resulted in t savings of Rs. 75k USD.

Participate in developing new business, specifically: assisting in identifying new funding opportunities, drafting prospective programmatic budgets, and determining the cost-effectiveness of prospective service delivery.

Overseeing Tax matters of TRA, including Transfer Pricing, Customs duty, VAT refund, PAYE, NSSF, Income TAX.

Financial evaluation of EPCC, Turnkey projects, and New Project: Interaction with Project teams, Compilation & analysis of investment, Approvals, release of approved budgets, make vs buy analysis, special approvals as per capex and variable cost of Tendering, implementation and On going process of projects.

Conducted ZBB analysis and controlled operating and Project expenses; lowered OPEX/ project cost by 7%.

Improved EBIT performance by 12% over the previous high, achieving the highest EBIT in 2015.

Collaborated with the HR department to improve the payroll process, resulting in a 6.7% reduction in total costs.

Negotiated and agreements with international suppliers that reduced material costs by 12%, boosting profit margins.

Enhanced the financial forecasting model and worked on the various model and analysis report for the company such as DCF Model, Transaction Analysis,,Trend Analysis, Cost Structure Analysis,, Hedging Testing, DuPont Analysis,Supply Chain Financial Analysis, Project Profitability Analysis, Subcontractor Cost Efficiency, etc,

Worked on financial model for Stone Town Village Limited 6mn USD project and Tanprech project 7mn USD of five years SATGURU GROUP, AFRICA REGIONAL FINANCE CONTROLLER May’13-Oct’ 14 Enterprises Impact

Handling a business Turnover in a regional level of 92 Million USD in a year.

Preparation of Management account reports of the group company, which includes 71+ Countries, +93 entities, and 4 Major Business Verticals across the Group.

Handling branches of Countries such as DRC Congo, Dubai, Ethiopia, Kenya, India (Pune) Malawi, Rwanda and Uganda.

Handling Accounts, Tax, AR, AP and Audits for subsidiary companies such as Carlson Wagonlit Travel, Euro World, Euro Car, Satguru Travels and Tours, Cargo, Taaj International fze and Glams International.

Handling weekly and monthly basis transfer accounts and Internal and external branch matching of 82 countries.

Consolidation of the monthly MIS report of the entire group and maintaining the entire accounts of the company & preparing monthly accounts such as Profit & Loss, matching BSP report, BRS, Balance Sheet and Cash Flow.

Achieved cost savings of $ US 500K/year through efficient cash management at the group level through cash concentration

(cash pooling) set up for both AED and USD currency with group bank

Successfully solving a query raised by Malawi Revenue Authority of VAT, FBT & WHT Tax Payable (2007- 2013) amounting to approx. 2.5 Bn MWK (Kwacha).

Liaison with various banks at the group level and arrange LC facilities, Performance bonds, Guarantee Bonds, Working Capital and long-term debts which are about 26MN USD and prepare projected financials strategically.

Conducted an Internal Audit for Rwanda, DRC Congo, Malawi & Uganda branches for 2011-2014 and highlighted shortcomings and implemented the necessary processes with a discussion with top management. PREVIOUS WORK EXPERIENCE

Feb’2012-April 2013: GENPACT (Process - SAB Miller, South Africa), as a FINANCE Analyst April’2006-May’2010: Rajiv Jindal & Associates, Chartered Accountant firm as a Manager- Audit & Tax PROJECTS/ CONSULTANCY

May’2008-Oct’2008: Pawan Hans Helicopter, Kedernath as an Audit Manager.

Worked as an Outsourced Associate Finance Consultant for AT Group companies such as AT Solar ( South Africa), Gascoigne Safari (South Africa) & AT Inc. ( USA).

Worked as Tax Advisor to Medisure ( Bupa Insurance), Uganda and Sampar Civil Limited ( Uganda).

Worked as a Virtual Finance Associate for Crazy Marketers ( Uganda).

Worked as Associate Finance for companies such as Fertinvest DMCC, Fertinvest pty (Australia), Fertinvest Inc. (Canada),

Analysis and Screening projects and conducting feasibility studies to determine financial viability in projects such as Coffee

(Uganda), and Printing press (Benin, Gabon, & Zambia) EDUCATION QUALIFICATIONS

ACCA from UK, Partially Completed skill level, ACCA (Association of Certified Chartered Accountants), UK.

MBA-Full time (Finance& Marketing) from Quantum School of Business, Roorkee.

CA- IPCC (Inter) from ICAI (The Institute of Chartered Accountants of India), India.

BCOM from HNB (HNB Garhwal University), India.

CERTIFICATIONS

CertIFR (Certificate in International Financial Reporting Standards), ACCA (Association of Certified Chartered Accountants), UK.

CertIA (Certificate in International Auditing), ACCA (Association of Certified Chartered Accountants), UK.

CertIFR (Certificate in Financial and Management Accounting), ACCA (Association of Certified Chartered Accountants), UK.

Certification in International Business & Global Strategy, Operations Management & Strategic Management from the Indian Institute of Management (IIM Edx), Bangalore.

SAP Training Program in Genpact, Gurgaon.

Certification in Business & Digital Strategy, Executive Leadership, Product Management, Strategic Human Resources and Supply Chain from LinkedIn Learning.

Certification in Performance Planning from UNICEF.

Certificate in Financial Risk Analytics from Great Learning.

Certification in Enterprise Risk Management from RiskPro.

Certification in Leverage Construction Metrics and KPIs for Profitability and Long-Term Growth from BrightTalk

Certification in Construction Audit Strategies from BrightTalk

Certification in HR Management and Public Relations from Oxford home Study.

Certification in Six Sigma Yellow Belt™ (CSSYB™) & Green Belt™ (CSSYB™) from International Six Sigma Institute. ACHIEVEMENTS, PROJECTS, SEMINAR & TRAINING

Kartavya Foundation Award, New Delhi in 2011 to” serve the Society” & Student of Year award from Quantum University.

Stood 1st in 4th Semester, 2nd in 3rd semester and 1st in 1st Semester in MBA, Quantum University.

Participation in debate panel Topic ‘Ecosystem’ organized by IIM, Ahmadabad.

Kartavya Foundation Project on ‘Old Age Home’ in New Delhi and project submitted to Chief Minister of Delhi.

Kartavya Foundation Project on ‘Waste Management” in New Delhi and project presented to Minister of Environment, Delhi.

Workshop of 3 days program “Entrepreneurial Development” in “Pegasus”.

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