K. SRIJAYASANKAR
Contact: 00971-50-4554910 / 00971-4-2206419 (Landline)/ E-Mail:sriijay@hotmail.com
SENIOR MANAGEMENT PROFESSIONAL - FINANCE & ACCOUNTS
~ Assignments in F&A operations for contributing towards higher rate of organic growth and improved
systems & procedures while adhering to Statuary Compliances ~
CA/ Cost Accountant offering 24 years of rich experience in spearheading Finance & Accounting and Corporate Governance
functions with Manufacturing /Petro Chemical industry segments in India & UAE; competencies entail:
~ Strategic Financial Control ~ Budgeting & Forecasting ~ Financial Analysis & Planning
~ Auditing/Internal Control ~ Treasury/Cash Flow Management ~ Profit Management / Cost Savings
~ Working Capital Management ~ MIS /Financial Reporting (IFRS) ~Insurance/ AP/AR/FA Management
~ Statutory/Legal Compliances ~ Product Costing ~ Team Leadership
Presently associated with Al-Tajir Glass Industries LLC, Dubai, UAE as Finance Manager; performing the key role of validating
business plans & financial strategies for maximizing profitability in line with corporate goals. Proficiency in evaluating capital &
planned expenditure & conducting cost benefit analysis; demonstrated excellence in handling Cash Flow Management during
recession & Due Diligence for Project Financing. Expertise in managing the Finance & Accounts functions for contributing towards
improved financial performance, heightened productivity & enhanced internal controls. Proven abilities in negotiating with banks
& financial institutions for raising funds/debts at favourable interest rates/terms to meet the working c apital requirements;
successfully raised funds up to US $ 50 Million / attained reduction in interest by USD 0.5 MN during the distinguished career.
Keeps abreast with changes in relevant laws & regulations in the F&A domain & advises top management on the implications of
the same for the company in an ERP & computerised envoirment. Competent in analysing MIS & other reports to keep a track of
financial performance. Proven track record in overcoming complex business challenges, making decisions within high-pressure
environments using experience-backed judgment, strong work ethic & irreproachable integrity. An Effective Leader with excellent
relationship building & negotiation skills; leverages key analysis and team building approach to drive organizational
improvements & implementation of best practices. Comfortable working in a dynamic, competitive & global envoirment.
AREAS OF EXPERTISE
Spearheading complete finance & accounts functions and acting as an Agent of Change for reworking Business/ Finance
models to achieve organisational growth objectives; facilitating revenue growth & cost saving initiatives
Designing & implementing accountingsystems & procedures; administeringthefinalization of monthly/ quarterly/ half yearly/
year-end financial statements in compliance with time & accuracy norms
Formulatingannual budgets and conductingvarianceanalysis to determine difference between projected & actual results and
implementing corrective actions; overseeing preparation of need based Financial Performance/ MIS/ Other Reports
Establishing Strategic Cost Management systems/ techniques, monitoring various overheads and achieving maximum cost
effectiveness; guiding product costing, pricing, quotation analysis, purchase and cost comparison between alternatives
Performing analytical review of financial operations of the organisation; keeping control for advance payments, cost centre
wise consumption & analysis; interpreting financial data and projecting the financial probability of business
Monitoringstatutory complianceatall levels (Taxation & Audits) involving liaison with External Agencies & Govt. Authorities;
ensuring that accounts prepared are in order; implementing necessary recommendations made by Auditors
Creating & sustaining a dynamic environment that fosters development opportunities and motivates high performance
amongst the team members; imparting training to sub-ordinate staff for increasing their efficiency
WORK EXPERIENCE
Since 04 2011: Al-Tajir Glass Industries LLC, Dubai, UAE as Finance Manager
A Glass Container Manufacturing Company with annual revenue of USD 75 MN
Growth Path: Joined as Internal Auditor and rose to the position of Finance Manager in 04 2011
Key Result Areas:
Leading & directing the finance function of the company with a team of 5 direct reportees and involved in:
o Overseeing finalization of Annual & Capex Budget, Cash Flows & Monthly MIS and reporting to Top Management
o Conducting VarianceAnalysis & review for corrective action & managing year end closing of accounts & audit as per IFRS
Responsible for monitoring a gamut of functions like Treasury, Working Capital Limits, Loan & Interest & Cash Flow
Management, Insurance Portfolio & Claims Management, AP/AR/FA Management
Accountable for supervising Product Costing for ensuring product-pricing/profitability, sanctioning Working Capital Limits &
Documentation and reviewing key customer & supplier agreements/contracts
Administeringthe compilation,preparation of financial model / critical analysisof financial model with the Financial Advisors
of International Repute / Financial Institutions & Banks/ Due Diligence/ Audit of Financial Model by BIG-4
As Internal Auditor
Involved in development & implementation of Annual Audit Plan as well as conducting review of all long term contracts /
agreements related to operations / project expansion from financial / commercial aspects
Carried out Financial & Operational Audits in compliance with the audit plan and professional auditing standards for
management to assess effectiveness of controls, accuracy of financial records & efficiency of operations
Notable Highlights:
Successfully finalized a detailed Delegation of Financial Authority for the company to streamline Operational & Accountin g
process while working as an Internal Auditor
Essayed a major role in Cash Flow Management during recession, facilitating receipt of large Insurance claims and handling
Due Diligence for Project Financing
Ensured timely completion of all MIS/Financial Statements and Audits as per defined standards
Merit of being promoted to positions of higher responsibilities for displaying exemplary work performance and functioning as
a Core Team Member for managing plant-operational issues
Steered efforts towards takingcostsaving/ revenue protection/enhancement initiatives likecover for Forex exposure resulting
in 7% additional revenue
Jun’95 to Jun’04: Tamil Nadu Petro Products Ltd. (TPL), Chennai, India as Finance Manager
A leading company, producing US $ 225 Million Gross Sales Revenue and having business interests in Petro-chemical related to Oil
& Gas Industry with total staff strength of 600
Key Result Areas:
Spearheaded all Finance & Accounting functions of the company with a team of 10 people including 4 direct reportees;
handled finalization of accounts & reporting as per Company’s Rules & International Accounting Standards (IAS)
Directed the company’s Finances, Accounts, Banking, Working Capital Management, Cash Flow Management, Corporate
Budgets, Taxation, Treasury, Systems & Procedures Development, Insurance, Fixed Assets & Bottom Line Performance
Developed the departmental business & operatingplan and budget; monitored and provided periodic feedback to Operating
Departments on performance against the budget
Formulated & implemented financial and accounting, policies and procedures and acted as Financial Controller to vet all
major proposals set out by Operating Divisions
Rendered advise to the management on Investments & Loans for short-and long-range financial plans involving expansion of
capacities, new products for investment decisions including Sensitivity Analysis, Project Appraisal & Sanction, Board Note/
Presentation for Board Meetings
Notable Highlights:
Significantly contributed in:
o Reformatting the Audited Accounts as per US GAAP
o Managing accounts, audit, consolidation of accounts of Holding & Subsidiary Companies registered abroad
o Handling the Treasury Function including the Loans Management with International Banks including CS & DBS Bank
o Facilitating Annual Consolidation of Holding & Subsidiary Companies Accounts and Audit Review
Effectively developed & implemented an appropriate Working Capital Management System; successfully arranged for a Long
Term & Working Capital of US $ 50 Million
Served as an In-charge of reporting to the Central Bank of the Country and Ministry of Finance on all matters related to
Banking and FOREX; efficiently led all banking activities including Working Capital, Project Loan & Interest Management
Played a key role in finalizing:
o Annual Budgeting, Monthly, Quarterly and Yearly Accounts & Audits (Multi-Product & Multi-Divisional Operations)
o Accounts as per Indian GAPP and completion of audit in a span of just one month
o Pricing & Commercial Terms of sale of input raw material to a JV Company
Attained reduction in Working Capital Interest by over USD 0.5 MN through credit rating & substitution of borrowings
Proactively participated as a Core Team Member in International Conference in Zurich
INITIAL EXPERIENCE
Feb’91 to May’95: Indian Wing of BIG 4 - A.F. Ferguson & Co (M/s. Deloitte Haskins & Sells), India as Senior Auditor
ACADEMIC DETAILS
Chartered Accountant from Institute of Chartered Accountants of India in 1990; (All India Rank Holder in Intermediate CA Exam)
Cost Accountant from Institute of Cost & Works Accountants of India in 1987
B.Sc. from University of Madras in 1983
IT Skills: Well versed with MS Office ((Word / Excel / PowerPoint) ERP Software - SAP-R/3 – AP/AR/GL Modules & Oracle and
Internet Applications
PERSONAL DETAILS
Date of Birth : 11th July 1963
Address : Dubai, UAE
Languages Known : English and Tamil
Nationality : Indian
Visa Status : Employment Residence
Driving License : UAE
Marital Status : Married
No. of Dependants : Three
Location Preference : UAE/Oman/Qatar/Bahrain