Experience

  • Vice President Finance

    at Mercator solutions - associated of Emirates Airlines

    June 2015 - at Present

    Dubayy

    • Engaged to undertake the creation of a Finance department and team including company-wide financial policies, procedures, Chart of Accounts and Control Procedures for Procurement. • Manage a team of 22 finance professionals to deliver financial, commercial, cargo and analytics solutions and services to airline companies around the world including, QANTAS, Jet Blue, West Jet, Emirates, Air India, IATA and many others. • Responsible for management of Vendor relationship, Financial Accounting, Management Accounting, Budgetary Reporting, Treasury & Banking, Corporate Compliance, Audit & Taxation.

  • Senior Manager – Credit Risk

    at Emirates Airlines

    January 2009 - May 2015

    Dubayy

    • Manage the Credit Risk Department of 35+ team members to mitigate financial risk arising out of volatile ticketing environment worldwide. • Manage more than USD$70b in credit sales involving 30,000 agents worldwide. • Develop and periodically review the framework to evaluate the financial standing of the agents through a well- defined Know Your Customer (KYC) process. • Implement innovative risk management models and location-specific “local” Credit Risk policies for approx. 86 countries to limit financial exposure arising out of over commitment from agents often resulting in non-settlement of dues to the airline. • Develop real-time Surge Model (based on per agent volume and value trend analysis), monitoring daily peaks, and surges to mitigate the risk of loss due to “burst out” sales created by agents.

  • Manager Compensation and Benefits and Payroll Services

    at Emirates Airlines

    December 1985 - July 2009

    Dubayy

    • Participation in Job Analysis, Job Evaluation, Bench marking and Performance Management along with HR department • Member of the Remuneration Committees for Head Office and Out-station which establishes pay elements and packages in line with cost of living, comparative employers packages, local practices, regulations and statutory requirements. • Develop and formulate policies in line with comparative members group and balance the same as per corporate ability • Recommend improvements to the Provident Scheme to ensure greater efficiency in lieu of increasing complexity to the scheme to provide maximum flexibility to members • Control the payroll of approx. 35,000 employees with a total outlay of AED 200m with varying elements of pay and deductions (approx. 50 elements). • Sole responsibility to handle confidential payroll for Senior Vice Presidents and above – approx. 200 employees. •

  • Sr. Manager Accounts Payable and Expenditure Control

    at Emirates Airlines

    August 1999 - December 2008

    Dubayy

    • As head of Expenditure Control manage a team of 45 accounting professionals responsible for a annual pay-out of US$10bn to 5000+ suppliers, involving 5m+invoices across 80 countries in 75 currencies through 90 bank accounts with a YoY growth rate of up to 20%. • Manage over 350 high-value contracts for aircraft and engine purchase/lease, aircraft maintainence, in-flight catering, IT, management and crew accommodation, facilities etc. • Supplier expenditure management, and manage growth activities through System Development, Automation and continuous process improvements.

Education

  • CPA

    at Certified Public Accountant

    2018 - at Present (1 year) State of Victoria

  • CPA

    at Uniform Institute of Certified Pubic Accountant

    1999 - 1999 (1 year) California

  • ACA

    at Institute of Chartered Accountants

    1980 - 1986 (6 years) Mumbai - Mahārāshtra

Languages

  • English Native

Hives