A Certified Management Accountant (USA), Certified Internal Auditor (USA) and a Qualified Cost Accountant from India, with verifiable year after year success in achieving cost savings, profitability improvement and pepping up operational efficiency for reputed clientele.

Experience

  • General Manager - Finance & Accounts

    at Kirloskar Brothers Limited

    January 2016 - at Present

    Sangli - Mahārāshtra

    Company Profile: Established in 1888 and incorporated in 1920, Kirloskar Brothers Limited (KBL) is the flagship company of the $ 2.1 billion Kirloskar group. The core businesses of KBL are large infrastructure projects (Water Supply, Power Plants, and Irrigation), Account-abilities :-  Steering the Finance function comprising of Costing, Taxation, Accounts & MIS verticals, reporting to Vice President Finance.  Responsible for P & L for achieving Budget and cost control over Capex & Opex.  Quarterly, half yearly & Annual Reporting as per IND AS / IFRS and compilation of Final Plant Accounts. Highlights :-  Efficiently handled new tax reform – GST as a challenge and migrated to GST system in SAP w.e.f 1st July 2017 a mandatory date for implementation.  Played pivotal role in implementation of S4 HANA at the plant level in October 2017. Two core members in the FICO team were from Kirloskarvadi Accounts / costing function

  • Chief Finance Officer

    at Symbiosis Center for Distance Learning

    August 2013 - November 2015

    Pune - Mahārāshtra

    Company Profile: Distance Learning Education – part of Sixth business School Viz. Symbiosis & the second largest distance learning educational institute (after IGNOU) with over 200,000 live students strength) 3 other institutes viz. Skill Development. Vocational & Community College being looked after. INR 200 Crore University being planned at Indore, Madhya Pradesh, India Accountabilities:  Overlooking the entire ambit of accounts, finance, taxation, Internal Audit and procurement  Preparation of Annual Budget, Rolling quarterly & Monthly budgets and ensuring its strict adherence  Managing treasury function to ensure optimum deployment of funds and investing excess funds  Implementing periodic performance monitoring mechanism for all institutions and critical functions of distance learning.  Keeping Tabs on competitors viz. other distance learning institutions for innovative ideas  Ensuring timely filing of annual tax returns and adherence to statutory compliances

  • Manager Internal Audit & Business Controls

    at Al Sayegh Brothers LLC

    January 2008 - May 2013

    Dubayy

    Company Profile: A leading distributor for reputed brands like LG, Olympus, Palson, Haurex, Gateway, Tohatsu & Kawasaki marine engines. Accountabilities:  Setting up of Internal Audit department, including incorporation of Audit Charter, Audit Manual and Annual Audit plan.  Formulating & Implementing Corporate wide policies and procedures with sole objective of standardization for the group.  Identifying major risks and suggesting tenable solutions. Highlights:  Played a key role in inventory management. Introduced the concept of pre – audit at procurement - initiation stage. Created MIS reporting upon each type of Inventory viz. Sound stock, seconds, consignment, non – moving, damaged etc. Regular meetings with division heads to ascertain liquidation plan for excess inventory.  Successfully organized periodic warehouse sale for clearance of second’s stock.  Involved in setting up of new warehouse and entire warehousing facility at Jebel Ali

  • Financial Controller

    at Oman Abrasives LLC

    May 2005 - December 2007

    Dubayy

    Company Profile: A company engaged in manufacture & processing of copper based abrasives – floated by 5 major business groups of Oman viz. Mohsin Haider Darwish, Muscat overseas, SABCO, Al Anwar, Al Nasr. Account-abilities:  Managing the entire Finance & Accounts function, Budgeting & capital rationing  Maintaining excellent relationship with Bankers for credit limit utilization and deployment of excess funds  Overseeing the factory administration and sorting out labor problems.  Serving as the backbone of Top Management in acquiring of Fixed Assets in keeping with Capital Budgeting principles of NPV and Payback period. Highlights:  Providing back office support to sales function and periodic PR visits to customers  Setting up procedures for smooth dealing with Dubai Dry Docks (major customer)  Visit to potential customers Viz. Colombo Dry Docks and successful initiation of business

  • Financial Controller & Deputy Director

    at Symbiosis Center for Distance Learning

    December 2002 - May 2005

    Pune - Mahārāshtra

    Company Profile: Distance Learning Education – part of Sixth business School Viz. Symbiosis & the second largest distance learning educational institute (after IGNOU0 with over 100,000 student’s strength. Accountabilities:  Overlooking the entire ambit of accounts, finance and procurement  Overseeing MIS, Costing & Accounting Systems, Budget & Forecasts, and Stock Takes, etc.  Optimum deployment of funds.  Ensuring cost effectiveness in operational spheres Highlights:  Successfully implemented ERP devised entirely for distance learning educational organization.  Handled procurement function for a 100 crore “Deemed University” project along with the Chief Engineer  Pioneering effort in floating e – learning both Web based and CD based.  C- PGDBA i.e Onsite Corporate PGDBA – fast track management diploma courses were started for major Software co's  Tight monitoring of Capital & revenue expenditure thereby yielding a record net profit of 89% for year 2004-05

  • Group Internal Auditor

    at Oman Chemical Company ( SAOG)

    February 2000 - October 2002

    Muḩāfaz̧at Shamāl al Bāţinah

    Company Profile: Manufacturer of detergents both Liquid & Powder and backward integration of manufacturing facilities for prime ingredients of detergent. Account-abilities:  Conducting operational and management audit for entire group.  Identifying areas for cost reduction and profitability improvement, coupled with bench marking  Creation of Accounting manual Highlights:  Creation of Accounts and Personnel Manual with aim to bring in standardization throughout the group.  Working alongside with Quality Assurance and Production engineers to enhance productivity, obtain better yields, reduce production wastage's, thereby jetting net additions to bottom line.  MIS on production downtime and batch changeover time aiming at direct support to Production management and pepping up production efficiency.

  • Manager - Internal Audit

    at Mahajan & Aibara, Chartered Accountants

    November 1994 - December 1999

    Mumbai - Mahārāshtra

    Company Profile: Premier Indian Firm of Chartered Accountants specializing in Business Audits of large business conglomerates and MNC’s Like Raymond’s LTD, Pfizer, Piramal health care, BASF (India), Jindal group, Pidilite Industries and many more.... Account-abilities:  Serving 2 clients viz. Raymond’s Ltd. at Mumbai and Dr. Beck (BASF subsidiary) at Pune  Identifying areas for cost reduction in various operational areas.  Highlights:  Played pivotal role in implementation of JD Edwards at clients place and assigning access controls for various levels.  Conducted operational audits of textiles, ready garments, engineering, steel, cement, pharmaceuticals and chemical industries.  Handled Due Diligence audit of Dr. Beck – paints division whilst it was sold to Beck Synectidy, USA

  • Assistant - Manager Accounts

    at Herdillia Unimers Limited - Herdillia Group Company

    January 1988 - October 1994

    Mumbai - Mahārāshtra

     Company Profile: involved in production of EPM and EPDM rubber. Synthetic rubber used in manufacture of tyres etc.  Account-abilities:  Overall accounting function encompassing – Sales accounting, G/L accounting and payroll  Liaison with banks for working capital limits, furnishing quarterly MSOD statement and Q1 & Q3 data compliance's.  Liaison with Financial institutions for obtaining Rupee & Foreign currency loans  Bill passing & project accounting with strict control on contractors running bills  Highlights:  Played pivotal role in implementation of tailor made software for entire accounting and inventory module.  Single handily handled Prospectus Audit prior to public issue.

Education

  • Certified Internal Auditor

    at The Institute of Internal Auditors

    2012 - 2013 (1 year) Florida

  • Certified Management Accountant

    at Institute of Management Accountant

    2010 - 2011 (1 year) New Jersey

  • Cost & Management Accountant

    at Institute of Cost Accountants of India

    2007 - 2011 (4 years) Pune - Mahārāshtra

  • Post Graduate Diploma In Human Resource Management

    at Symbiosis center for Distance Learning

    2003 - 2005 (2 years)

  • Chartered Accountancy - Final - Group 1

    at Institute of Chartered Accountants of India

    1990 - 1995 (5 years) Mumbai - Mahārāshtra

  • Post Graduate Diploma in Finance Management

    at University of Mumbai

    1987 - 1989 (2 years) Mumbai - Mahārāshtra

  • Bachelor of Commerce

    at University of Mumbai

    1984 - 1987 (3 years) Mumbai - Mahārāshtra

Languages

  • English Native

  • Hindi Native

  • Marathi Negotiation

  • Kannada Negotiation

  • Arabic Elementary

  • Gujarati Negotiation

Followers (12)

Following (5)

Hives