RADHEY SHYAM VAISHNAV

PO Box **** PC ***, Muscat, Sultanate of Oman

Mobile: +968-******** and +971-**-*******,

E-Mail: zoialw@r.postjobfree.com

Chief Financial Officer (CFO) for Global Omani Development & Investment Company, Muscat Sultanate of Oman : from 1 Sept 2009 till date

Over 20 years of experience in overall Finance and Accounts function inclusive of Strategic Planning, Budgeting, Taxation, Audits, Commercial Functions, Systems Implementation and Statutory Compliance across industry verticals in India and UAE and Oman.

Prepare Feasibility studies for the project and co-ordinate with project team for evaluation of projects.

Prepare documents related to Board Meeting, Executive Committee Meeting and Audit committee meeting.

Monthly monitoring of financial position and profitability of the company.

Liaison with banks and financial institution for the financing and placing surplus funds as deposits

Experience of working under cross-cultural and multi-lingual environments.

Prepare budget and business plan for the company

Monitoring project cost, reviewing Payment certificate and valuation sheets.

Project accounting and monitoring the relevant accounting issues.

Chief Financial Officer (CFO) for Dubai Investment Park Dev. Co. LLC & Dubai Investments Real Estate LLC, Dubai (UAE) – from Sept 2006 to March 2009

Demonstrated business acumen in leading and managing the operations, effectively discharging functions and achieving higher rate of organic growth, under corporate and new organisational set ups.

Have experience in conceptualizing and implementing financial procedures and actively involved in the maintenance & finalization of accounts, audits, revenue & profit monitoring, MIS and implementing internal financial controls.

Adept at development of financial policies and guidelines for effective fund management and cost control.

Possess strong leadership, communication, coordination, planning and analytical skills, with proficiency in interacting with people at any level of business for smooth execution of business operations.

Hands on experience of working on latest ERP packages like Oracle 11i and JD Edwards–One world and Great plains.

Experience of working under cross-cultural and multi-lingual environments.

An effective communicator with honed relationship management, leadership, planning, coordination and analytical skills.

Academia

Certified Public Accountant (CPA) from Colorado State Board of Accountancy, Denver, Colorado (USA) in 2004.

Chartered Accountant (C.A.) from the Institute of Chartered Accountants of India, New Delhi (India) in 1991.

Certified Management Accountant (CMA) and CFM from the Institute of Certified Management Accountants (ICMA), New Jersey (USA) in 2005.

CIA from The Institute of Internal Auditors, California, USA in 2008.

M.Com. from University of Rajasthan, Jaipur (India) in 1989.

B.Com. (Honours) from University of Rajasthan, Jaipur (India) in 1986.

Core Competencies

Major Deliverables

Determining financial objectives as per Corporate Goals. Heading financial functions, designing & implementing systems for achieving the same.

Designing business plans/ strategies for maximizing revenue, profitability & liquidity.

Undertaking Cost Benefit Analysis of each activity in business processes, identifying key and critical processes to operate at optimum cost.

Analysing, coordinating proper mix of Equity & Debt fund requirements.

Meeting Corporate Account, Costing & Statutory Auditing requirements by implementing functional systems, operating manuals & controls.

Formulating budgets, conducting variance analysis, and developing MIS Reports for decision making, monitoring, and achieving cost reduction.

Contributing in Project Planning, Evaluation, Management & Accounting.

Leading the development & implementation of integrated online real time Accounting & Management Information Systems.

Implementing systems, procedures & manuals for preparation & maintenance of statutory books of accounts and financial statements, ensuring compliance with time & accuracy norms under GAAP, IFRS.

Assessing various risks, ensuring adequate coverage & safeguards.

Complying with Corporate Governance key elements like transparency, fairness, disclosure & accountability.

Ensuring timely deposit & filing of tax returns of direct & indirect tax laws. Tax planning and appearing in Income tax cases lying at different authorities

Coordinating intra /inter department requirements, liaising with various external authorities.

Experience Chronology

Sep’06 to Mar’09 with Dubai Investments PJSC, Dubai (UAE) as Chief Financial Officer (CFO for both companies, Dubai Investment Park Dev. Co. LLC and Dubai Investments Real Estate LLC)

Reporting to General Manager, MD and CEO

Key Highlights

Driving the set up & institutionalisation of financial controls, approval/ authorization/ review of all financial processes and systems. Maintaining coordination with internal audit team for smooth & timely conduct of audits.

Setting up of system and procedures for various area of operation / accounts and review of the same

Conducting financial analysis and various MIS reports to support financial decision making.

Involved in the recruitment, training, motivation and development of finance team aimed at ensuring the delivery of efficient service in line with the corporate objectives of moving towards a constructive culture environment.

Arranging finance for the company to trigger the revenue and profit for the company. Preparing for Board Meeting including agenda, financial & other reports, etc.

Major Accomplishments

Played a key role in the implementation of:

Processes and procedures.

BaaN ERP system for the company.

Property Management System for Dubai Investment Park.

Proper reporting and control system for facilitating day to day reporting of operation for the control purposes.

Saved finance costs by effectively negotiating with banks.

Feb’05 to Aug’06 with Omniyat Properties (Member of ALMASA Holdings), Dubai as Senior Finance Manager

Reporting to Group Financial Director and Managing Director.

Key Highlights

Coordinating weekly meeting for sales–reports presentation and discussing progress of sales & collection.

Liaising with banks & financial institutions, arranging & managing working capital, as well as cash flows, credit control and accounts receivables.

Arranging finance for the company, which trigger the revenue and profit for the company.

Driving the set up of financial controls in the organisation. Establishing accounting processes, procedures and internal financial control for achieving smooth company operations.

Managing the preparation & processing of payroll and related accounting.

Controlling creditors’ ledger and payment schedule, along with their aging analysis.

Overseeing HR related activities including recruitment, training, motivation and development of finance team.

Major Accomplishments

Successfully handled the implementation of:

Processes and procedures.

Orion ERP system for the company.

Proper reporting and control system for better day to day reporting of operation for the control purposes.

Saved finance costs by entering into effective business negotiations with banks.

May’99 to Feb’05 with Emaar Properties Group, Dubai

Joined as Senior Accountant and rose to position of Finance Manager/ Chief Accountant in Sep’02.

Reporting to Chief Financial Officer/ Managing Director; Dubai and UK joint venture partner.

Key Highlights

Preparing monthly management accounts and MIS reports; furnishing financial results to the Managing Director and CFO for review and facilitating decision making.

Finalising annual accounts and assisting in completion of statutory audit, along with statutory auditors, internal auditors and government auditors.

Handling the preparation of Budget and business plan for the company. Submitting cash flow and MIS reports.

Managing the recruitment, training, motivation and development of Finance and Accounts team.

Major Accomplishments

Successfully handled the Property Management Division (Emrill) of Emaar, right from scratch. It encompassed establishment of the Finance Department, introduction of the Accounting system, including, MIS reports, various system and procedures to institute financial discipline.

Played a key role in the set up of the Financial Reporting System for the company right from scratch.

Established and built an efficient accounting team.

Implemented Oracle ERP system for the company (GL, AR, AP, Fixed Assets and Cash Management). ok

Performed cost analysis and accordingly took measures to reduce costs, by taking 3-4 quotes of different vendors.

Oct’97 to Apr’99 with Six Construct Ltd., Dubai (UAE) as Project Accountant/ Chief Accountant

Reporting to Manager (Finance & Accounts).

Major Accomplishments

Played a major role in the set up of the Accounts and Reporting system for the joint venture for Emirates Towers–Besix Ssangyong JV (where Besix is a Belgium-based company and Ssangyong-a Korean based company).

Nov’96 to Sep’97 Shree Krishna Polyester Ltd., Mumbai (India) as Finance Manager

Reporting to Chairman and Managing Director

Key Highlights

Finalizing accounts in compliance with all statutory requirements, and maintaining coordination with auditors. Preparing various financial reports.

Liaising with banks, financial institution and government authorities.

Handling (corporate and individual) taxation matters, company law matters and supervising the activities of the in-house share department.

Maintaining control on creditors’ ledger and payment schedule. Conducting aging analysis.

Handled Income Tax matters (including Block Assessment) for whole group for last 10 years I.T. Assessments

May’93 to Oct’96: Worked with two business groups, Somani Group of Industries & Jaybharat Group, Surat (Gujarat, India)

Joined as Manager (Finance and Accounts) and rose to the position of Finance Manager & Company Secretary in 1995.

Reporting to Managing Director/ Chairman

Major Accomplishments

Essayed a stellar role in the set up of the In-house Share Transfer Department.

Efficiently handled Company Law matters and supervised activities of in-house share department (which included settlement of the matters relating to the public/ rights issue and supervised the share transfer department).

Dec’91 to Apr’93: Commenced career with Indian Rayon & Industries Ltd., Kolkata, India (Unit of Jaya Shree Insulators, Kolkata) as Accounts Officer

Reporting to Chief Manager (Finance) and President.

Trainings Attended

Presenting with Impact–Organised by Dubai Investments PJSC, Dubai in 2008.

Performance Management and Objectives: Organized by Emaar Properties PJSC, Dubai in 2003.

International Financial Reporting Standards “The Global Framework” organised by Emaar Properties and conducted by Ernst & Young in Dubai in 2003.

“As is ..........Should be” Process Re-Engineering organised by Emaar Properties in Dubai in 2001.

Computer Courses Completed

IOM, Singapore: Training for Oracle Accounting Software for GL, A/R, AP, Fixed Assets & Cash Management in 2004.

Oracle, Dubai: Training for Oracle Discoverer Reporting Tool in 2004.

Delma Computer System: Training for JD Edwards modules like General Accounting, A/P, A/R, Fixed Assets in 2002.

Computer Proficiency

ERP & Other Accounting Software: Oracle 11i, J.D. Edward – One world, Peachtree, Tally 5.4 and other customized accounting software.

Office Applications: MS Office Suite (Excel, Word, PowerPoint, Microsoft Outlook), Windows XP, Internet applications

Personal Details

Date of Birth : 1st December, 1967

Nationality : Indian

Passport Details : Z 1178936 (Issued at Dubai. Valid up to 29/06/2015)

Driving License Details : UAE and Oman Driving License

Marital Status : Married

Dependent Details : Wife and 2 kids

Languages Known : English, Hindi and Arabic (Basic)

References : Available upon request

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