Saiprakash R
RAMAMURTHY NAGAR, BANGALORE, KARNATAKA, INDIA
+919482047278 ; +919449824616; +971502967096 (SMS) ▪ sai_prakash2k@hotmail.com ▪ Skype Id :
saiprakash.ramakrishnan ▪ LinkedIn: ae.linkedin.com/in/saiprakash-ramakrishnan
Objectives
To secure a management position in a professional organization that has ample learning opportunities. Ideally, in
a business development planning that emphasis on strategic planning.
Synopsis
Proactive & highly motivated commercially astute business professional with 16+ years broad experience in all
aspects of accounting and financial management primarily in Trading, Media, Printing, Distribution &
Logistics, Manufacturing, Retail, FMCG,IT, Telecom, Audit & Consultancy firm industries.
Significant success in assessing troubled operations and implementing efficient turnaround measures.
Creative thinker, passionate about delivering innovative financial solutions that directly impact the bottom
line.
Proactive & Ability to advise senior management on all aspects of operations & strategic planning.
Confident influencer & enthusiastic team player with excellent planning, organizational, Project Management
skills in coordinating all aspects of each project from inception to completion. People Management,
Negotiation, prioritization, Facilitation, Listening, Problem solving, Planning, Strong Analytical skills and ability
to break down complex operations and identify essential functions.
Good team builder and leader in managing financial & operational teams in dynamic environment.
Result oriented and proven ability to manage multiple assignments efficiently under extreme pressure while
meeting tight deadline schedules.
Keys areas of Contributions
Turn around the loss making group to a profitable company within a year through mobilizing sales revenue,
reorganizing, restructuring and stabilizing the cash flow position, improving the collection cycle, putting in
place the processes, internal controls& systems.
Built up the Business valuation of the group and nurture the idea to owners to bring the potential private
equity investors into the business.
Interfaced with senior management to develop short/long term organizational goals and objectives.
Commercial experience and advisory role to the top management including business planning, new product
launch, renegotiations & cost reduction planning.
Preparation of project reports / business models and assisting the management in decision making process.
Credit facility enhancements and funding from the banks both conventional & Islamic way of operation.
Efficient working capital management by stabilizing the debtor’s collections, efficient utilization of bank
facilities, extended credit facilities from creditors without hampering the relationship & services.
Integral part in implementing the internal controls, accounting policies process & procedures in an
organization.
Team leader & team builder of up to 40 Finance & Administration professionals in managing the day to day
accounting & finance operations under dynamic multicultural environment.
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Oversee, direct, motivate, train, supervise & appraise the team members on an ongoing basis.
To set/agree goals and objectives for each team member using personal development plans.
Core Team member and leader in implementing Oracle Financials V11i, R12 & automation of sales system
with oracle financials.
Successful completion of Corporate Audit & IGAAP audit with zero risk at Coca Cola India Ltd.
Achievements & Awards
Joined as senior accountant & grown to a Finance Manager for the group.
Integral team member in increasing the online advertisement revenue by 200% from 2008 to AED 1+M.
Core member of the committee to increase the mobile revenues by 73% to AED 3.2M in 10 months while
reducing the associated costs by AED1.3M by negotiating the contracts with service providers.
Reduction of operating cost by AED3.5M through renegotiating the printing, distribution, Annual maintenance
contracts, Newswire, Merger of locations, Group Insurance & other contracts.
Head of the committee in accomplishing the fixed assets management.
Reduced bad debts by 50% from AED 15M to AED 8M by developing the strict credit control policies and
commission schemes for the team.
Team leader in completing the split up of financials, assets & liabilities during the demerger of entities from
Arab media group to Dubai Media incorporated.
Team leader in driving the system migrations including the financials (Oracle Financials) & other operation
systems during the demerger of entities.
Downsized the finance team during the economic recession from a team of 17 members to 10 members by
cross moving the talented members across the group with an annual savings of AED 1M.
Built & managed successful multicultural teams.
Employee for the year Award from Coca Cola – 2003 & Indus league – 2000
Experience
General Manager Finance & Administration ▪ Sep 2013 - Jan 2015
Ali Alhashemi Trading LLC & Group companies across the GCC region ▪ Dubai, UAE
Job Responsibilities
Manage the day to day operations of Group companies across GCC region, involved in trading of equipment’s
& materials related to Graphic Art industry, Finance, Accounts, Procurement, HR, Administration, Clearing &
forwarding, Service & Spare parts division, Maintenance, Branch managers and credit control departments
with 40 strong team members reporting directly/indirectly to me.
Review consolidated monthly financial reports including trial balances and its schedules for the group and
individual entities.
Prepare & review monthly operational cum financial & KPI reports in comparison with the budgets and any
variances/key issues are discussed and addressed and presented to the executive committee members.
Successful in developing & implementing the short/long term organizational goals and objectives for the
group companies.
Carried out feasibility studies on all major capital & operating projects and assisted the board members in
decision making process.
Developing & implemented the financial, accounts, HR, Procurement, Accounting& operational policies for
the group.
Overseeing the supply chain management function by negotiating with the major overseas suppliers
(Agencies, paper/ink) on the price and delivery terms.
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Ensure proper planning & control on the Inventory management.
Ensure financial reporting deadlines are achieved on a monthly basis.
Successful in Preparing & managing monthly cash flow positions of the group by nurturing the credit control
& branch team members to turn around the collection days, (Monthly, quarterly Forecasts for individual &
group entities).
Developed systems, procedures and policies to resolve control related issues (Accounting/Procurement/Credit
control/Rate cards/sales process etc).
Introduced & Structured the Credit facility lines & enhancements with various bankers on optimized
borrowing rates (both Islamic & conventional).
Experience
Finance Manager P ri n t, P u bl i s h in g & On l i n e ▪ N ov 2012 - Sep 2013
Galadari Printing & Publishing, part of Galadari Brothers ▪ Dubai, UAE
Finance Manager P ri n t, P u bl i s h in g & On l i n e ▪ S ep 2009 - Oct 2012
Awraq Publishing, part of Dubai Media Incorporated ▪ Dubai, UAE
Finance Manager P ri n t, P u bl i s h in g & On l i n e ▪ S ep 2005 - Sep 2009
Albayan Printing, Publishing & Distribution part of Arab Media Group ▪ Dubai, UAE
Senior Accountant ▪ Ju l 2004 - Sep 2005
Agility Logistics part of PWC logistics ▪ Dubai, UAE
Executive Finance ▪ Feb 2003 - Jul 2004
The Coca Cola Company (Bottling Plant) ▪ Ch en n a i , India
Executive Finance ▪ Ma y 2000 - Feb 2003
Indus League Clothing Limited ▪ B a n ga l ore , India
Accountant ▪ S ep 1998 - May 2000
Spearhead services private limited ▪ B a n ga l ore , India
Job Responsibilities
Manage the day to day operations of Printing, Publishing & distribution Finance, Procurement and credit
control departments with 29 strong team members reporting directly/indirectly to me.
Prepare & Review consolidated monthly financial reports including trial balances and its schedules for the
group and individual entities.
Prepare & review monthly operational cum financial & KPI reports in comparison with the budgets and any
variances/key issues are discussed and addressed with the respective HOD's and presented to the executive
committee members.
Interfaced with senior management to develop short/long term organizational goals and objectives on
transformation of Print into Online.
Carried out feasibility studies on all major capital & operating projects and assisted the management in
decision making process.
Directing the organizations monetary and credit policies and procedures.
Developing the financial policies for the unit including the Procurement function.
Overseeing the supply chain management function by negotiating with the major overseas suppliers
(paper/ink) on the price and delivery terms.
Ensure proper planning & control on Inventory management.
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Ensure financial reporting deadlines are achieved on a monthly basis.
Prepare monthly cash forecasts, quarterly forecasts for individual entity and cost centre.
Prepare annual budgets & quarterly rolling forecasts in coordination with the department heads for individual
entities, profit centers and cost centers.
Developed systems, procedures and financial & accounting policies to resolve Internal control related issues
(Accounting/Procurement/Credit control/Rate cards/sales process etc).
Monitor & support credit control team with a view to ensure timely recovery of debts. Liaison with the
external and internal auditors and has a working knowledge of IFRS, International GAAP and preparation of
financial statements.
Oversee, direct, motivate, train, supervise& appraise the team members on an ongoing basis.
To set/agree goals and objectives for each team member using personal development plans.
Nurture & oversee good relations with the customers, vendors, colleagues, bankers, internal & external
auditors.
Technical Skills
Applications Oracle Financials V8 & V11i, Hyperion Budgeting tool, ERP SAP
package, Developer 2000, Tally Graduate 6.3, and FAC Accounts
package, Touch Key, Export EOU Package.
Reporting MS Office tools, Qlik View, Hyperion Budgeting tool & Oracle
Discoverer.
Projects Complete Oracle Migration for 2 companies, Older version to 11i &
11i to R12. SAP modules handled SAP FI Accounting of all modules
GL,AR,AP,Asset Management, SAP Treasury Cash management, SAP
Payroll, SAP Sales, SAP Material Management including purchase,
SAP Controlling & Reporting.
Education & Personal Information
Master of Business Administration specialization in Finance from Madurai Kamaraj University, 2010.
Post Graduate Diploma in Management, Mount Carmel Institute Management, 2000.
Bachelor of Commerce, Bangalore University, 1998.
Date of Birth 07th
February 1978
Marital Status Married
Nationality Indian
Languages Known English,Hindi,Kannada, Tamil, Telugu,
Malayalam
Passport Number J2951425
References
Fernando Samaniego Vikas Jain President
at International New Media Consulting SVP Finance at Dubai Holding. Email
id:fs@fernandosamaniego.com Mobile No. 050-3534327Website:
http://www.fernandosamaniego.com
Gopi Krishnan Andrew Ellis
General Manager Finance at Motivate Publishing CFO at Arab Media Group Mobile
No. 050-5488236 Mobile No.050-1496624
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I hereby declare the above details provided are true and accurate to best of my knowledge.
Saiprakash Ramakrishnan