Head Of Finance Looking For Opportunities In MENA

Available

360 degree knowledge finance professional with knowledge of investment, IPO readiness preparation, ERP implementation, etc

Serial No: 40717
Skills keywords: head of finance

List Of Qualifications & Related Skills:

ACCA
CIMA
MBA
CA
MFM
B.Com

Interests & Hobbies:

Cricket, book reading, trading and investments

Previous Employment Details:

Group Director of Finance and Investments - Five Holdings, UAE
Group CFO and Head of Investments - Al Shareef Holding, Qatar
Manager - Corporate Finance - Karvy Investor Services
Investment Banking Analyst - Goldman Sachs
Assurance Asst. Manager - E&Y

Current location:  Al-Shahaniya, Qatar - View on map
Preferred Sector of Employment:  accounting and finance, Banking Insurance and Financial Services
Spoken languages: english, Hindi
Location I am interested in working: Anywhere

Qualifications

2002 – Nov. 2004
Institute of Chartered Accountants of India
Chartered Accountant (cleared all the papers in single sitting in first attempt)

2003-2005
Madras University-Loyola College Twinning Program
Masters in Financial Management – 75%

The core curriculum is focused on investment analysis, corporate finance and financial management / managerial accounting. The other subjects covered includes fundamental coursework in economics, accounting, and quantitative methods

2001-2003
Loyola College
Bachelors Degree in Commerce – 77.3%

 

Experience Summary

Funds Raised : Over US$ 750 million in past 2 years (Term loan and Revolver loan- Construction related)

Companies handled : 11 companies including 2 Joint Ventures

Current Team Size : Finance Manager plus 5 accountants

Private Equity Investment: Over 35 real estate and private equity opportunities evaluated over past 5 years. Concluded 5 deals yielding an excellent IRR.

Financial Reporting: Award of best financial reporting practices concluding all our financial reporting by the 11th of every month. Annual audited financials within 60 days for all the major companies (6 companies)

 

Experience

October 2009 – Present
AL SHAREEF ENTERPRISES – Qatar

( One of the leading family run business with a combined balance sheet size of over QAR 2 billion in Qatar with interests in Real Estate, Asset Management, Private Investments, Trading, Manufacturing, Logistics etc. )

There are 11 companies under the group. There are 3 primary companies which are involved in Real Estate Development & Investment and Equity Market Investments. Other secondary companies are in the field of consultancy (real estate), steel trading, logistics etc.

Position: Head Of Finance

Duties :

A- Financial Planning & Analysis

• Direct and coordinate financial planning and budget management functions

• Monitor and analyze monthly operating results against budget

• Oversee daily operations of the finance and accounting department

• Preparing feasibility studies and market studies for new projects (evaluated more than 125 real estate acquisition opportunities in hotels, commercial and residential projects)

• Assist and work with the external consultants on evaluating the market trends and new business (primarily for new real estate projects )

B- Financial Reporting

• Prepare the Quarterly and Annual Reports and manage the internal and external review for these document

• Prepare monthly earnings summary and summary of key financial transactions during the period

• Communicate and explain accounting issues and evolving accounting guidance to the management team

• Perform continuous assessment of the close process and process re-engineering to reduce the timing to close the financial period

• Manage monthly closing process, including reconciliations and analysis of related accounts

• Coordinate, develop and update written policies and procedures over the financial reporting process

C – Liquidity / Capital Management

• Establishing and maintaining short-term credit availability, including revolving credit agreements, L/c facilities agreements to provide liquidity for the Company

• Review funding and financing strategy for new projects and companies

• Oversee the repayment schedule and ensure timely repayment of amounts pending under L/C.

• Preparing loan repayment schedule and ensure adequate cash availability to meet the loan obligations

• Negotiate and work with commercial banks to get the best interest rates on company borrowings and fixed deposits

D – Miscellaneous

• Leading the accounting and financing division by hiring, training and mentoring staff

• Preparing company profiles and other materials for new business venture meetings

• Participating in IT functions like setting up small business server, suggesting ERP packages, ensuring daily back up of accounting records etc

 

Feb 2009 – Sept 2009
Karvy Investor Services and Brokerage – Chennai, India

( One of the leading financial services company in India with interests in security trading, commodity trading, investment banking, real estate services, NBFC’s etc)

Position: Manager – Corporate Finance

• High level execution and marketing involvement across an array of corporate transactions (public & private) including: M&A’s, IPO’s, Capital Raisings (private equity and asset sale), Disposals, Private Company advice etc

• Responsibility for the delivery of transactions projects on a day-to-day basis, including: negotiations on all key aspects, producing operational and financial models, performing specific valuation work and identifying and evaluating new business opportunities

 

May 2006 – Feb 2009
Goldman Sachs Services (India) – Bangalore, Mumbai and New York

(One of the world’s largest full service investment bank securities firm)

Position: Investment Banking Analyst

• Analysing and interpreting financials of the companies

• Suggesting balance sheet strengthening measures including share buyback, debt fund raising, equity offering, acquiring new companies etc

• Assisting the client companies in their fund raising activities (through IPO, Follow-on offerings, debt funding, private equity fund raising etc)

• Assisting the corporate clients in their merger and acquisition activities including identification of targets, developing financial models to determine the pricing, SWOT analysis on the targets etc

• Supporting the private equity team in new investment proposals

• Post equity investment monitoring (quarterly financial appraisals)

• Providing support to the Indian PIA group in identifying opportunities for their investments.

• Performing due diligence, industry research, corporate valuation, etc.

• Carrying out comparative analysis of stocks of companies based on financial models/ release of results.

• Hiring and training staff in the corporate finance team

Major highlights includes

• Proficiently supported and involved in an IPO of one of the largest US Alternative Asset Managers and further involved in other live deals (M&A), minority buyout deals of US companies.

• Direct participation in the Private Equity investment in one of the renowned logistics company in India

• Successfully completed NASD Series 7 broker dealer exams.

• Bagged appreciation from management for building valuation models & templates for valuation.

 

2005 – 2006
Ernst & Young India

(One amount the Big 4 audit firms involved in Statutory, Tax advisory and corporate finance activities)

Position: Audit Executiver

• Leading a team of Junior Executives for audits of large corporate houses across several industries.

• Preparing financial and management reports for the corporate clients

• Handling tax audits and statutory audits for the large listed clients

• Reviewing the results of earlier audits, self assessments and certification and ensuring that appropriate internal control systems are in place.

• Carrying out other certification and reporting formalities as required by various regulatory authorities.

• Issuing the comfort letters to Merchant Banker during an IPO.

 

Professional Skills &  Qualifications

• Chartered Accountant from India with excellent academic record throughout

• Experience across the entire gamut of finance role including finance management, reporting, fund raising, merger and acquisitions, valuations etc

• Good Communication skills

• Administrative skills

• Self motivated

• Punctual

• Respect team work

• Posses wide range of business, historical, technical and general knowledge

 

IT Skills

Efficient in: Windows, MS Office package and Internet utilities.

 

Personal Characteristics

Self-confident, active, enjoys good human relations, open to ideas, flexible and learns quickly, works under pressure.

 

Hobbies

Chess, cricket, tennis, reading, off road driving and traveling.

 

References

Available on request

 

 






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