Sr. Financial Controller (Interested In SFC/DF/CFO/GM-FIN)
A result driven, self-motivated and resourceful financial controller with over 21 years of comprehensive experience in providing key financial data, supporting and reporting to assist in key business decisions of Manufacturing as well as Luxury Hospitality Industry both International & within India. Presently associated with Uganda Baati Limited Kampala-Uganda (A Unit Of SAFAL Group Africa), as Senior Financial Controller.
Proven expertise in establishing company goals, short term / long term planning and designing business plans / strategies for maximizing profitability & revenue generation and realise company goals. Demonstrated excellence in directing the preparation of the budget & financial forecasts and report variances and ensuring quality control over financial transactions & financial reporting. Skilled in monitoring & confirming financial condition by conducting audits and providing information to both internal & external auditors. A strong financial acumen with skills in representing all the Tax Matters of Company with Local Revenue Authorities along with Company External Auditors. Possesses strong business negotiation skills which helped in coordinating with company suppliers / contractors and ensuring cost saving for said companies as well. Excelled in maintaining all financial records and its compliance's as per accepted policies & procedures of the Group. Proficient in preparing and presenting monthly management accounts as well as annual financial statements of the companies to the Board and also to ensure that all financial records are being maintained in compliance with accepted policies and procedures as well as IFRS. An effective leader with distinguished abilities in establishing performance-driven culture that ensures accountability and personal ownership, lead, develop, coach, and motivating finance & accounts teams, to achieve goals profitably.
Hands-on professional as well with good understanding & knowledge about International Financial Reporting Standards (IFRS) & International Accounting Standards (IAS) as well as rich experience in working for the Manufacturing Industry & Luxury Hospitality.
Having excellent communication as well as inter-personal skills and able to build strong relationships both within and outside of a finance department as well as effectively communicating financial information to non-finance colleagues.
Holds the distinction of enhancing cash flows of Units through implementation of inventory control measures and enhancing processes like credit & collection, disbursements, deposits & remittances etc.
Responsible for constantly reviewing & monitoring systems / procedures to maintain their efficiency and also to make sure that being followed strictly
Efficiently identified areas for cost reduction in various departments, without compromising on the quality of service offered
Led the process of implementing Credit Control System including monthly aging analysis of Debtors which resulted in lower risk of bad debts and better working capital management
Analysed the existing process in all the revenue generating departments, identified the loopholes in the existing processes and rectified the same, including the reporting system
Ensured that no possible leakages exist in the revenue processes and all Units revenues were being booked accurately and in the respective heads as well.
Successfully implemented Ovation –HMS, for the first time ever, for the Imperial Group of Hotels Limited, Uganda
Instrumental in implementing internal controls and procedures for three companies of C M G Group including two Hotels and moreover in Leisure Lodge Resort & Uganda Baati Limited as well.
Effectively implemented Accounting Software - Tally with computerized inventory management for C M G Group and also performed a key role in up-gradation of Fidelio/Micros-POS/MC/Sun System in Leisure Lodge Resort.
Played a vital role in effectively handling foreign exchange risk through planned hedging, thus resulting in savings of USD 0.306/0.550 million in the year 2013-2014.
Improvement in operational profit margin of LLR from 4% in 2010 & even before, to 20% in 2011 or USD 1.12M turnaround.
Played a key role in conducting monthly management review meetings after comparing operational results against established targets in order to discuss monthly performance with Senior Managers/HOD’s in the said meeting.
Prepared & presented quarterly financial performance reports in the Board meetings of UBL/LLR to ensure that all financial reports were meeting deadlines and documented accurately as well
Accredited with a letter of appreciation from the Group Financial Controller of C M G Group of Companies for successful implementation of Accounting & Financial systems along with MIS reports
Ensured annual closing and completion of Statutory Audit within 40-45 days of year-end.