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CV 2015

17. Oct 2015
CV  2015
CV  2015
CV  2015
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CV 2015

  1. 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:
  2. 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
  3. 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
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