SAHAVULLA KHAN MUHAMED
E-Mail:[email protected] | Phone: +919788224166
Professional Qualification from ICAI / Achievement driven professional targeting managerial level assignments in Finance & Accounts / Strategic Planning with a leading organisation of repute preferably in Multiple Sectors
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Core Competencies MIS, GST, VAT, Financial Reporting, Banking, Fund Management Strategic Planning Costing, Auditing Commercial Operations Internal Control Financial Forecasting& Budgeting Trade Finance Reporting & Documentation Team Management Insurance, Branch Control
Academic Details · Professional Qualification CA INTER from Institute of Chartered Accountants of India, New Delhi in 2006 · Pursuing CMA from Institute of Management Accountants, US · B.Com from Jamal Mohammed College, Trichirapalli, TamilNadu, in 1998
Personal Details Date of Birth: 5th May 1978 Languages Known:English, Tamil, Malayalam, Hindi & Arabic Mobile : +919788224166 Address: Chennai, India |
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Profile Summary
· Offering 16.4 years of experience in Finance & Accounts, Administrative, Reporting & Documentation, Strategic Planning, Internal Control, Auditing Operations · Proficiency in managing financial accounting, receivables & payables management, preparing ledger books, bank reconciliation statements and finalization of accounts · Proven capability in charting out strategies and helping the company to achieve revenue and profitability targets · Expertise in streamlining systems / procedures for internal financial control, formulating annual business plans, designing internal control systems and facilitating effective decision-making · Strong analytical & organizational capacities with aptitude in formulating accounting systems and preparing accounting records/financial statements · Successfully implemented necessary internal controls within few months after taking charge as a Manager Finance & Accounts and Internal Auditor for the organization · Accomplished, ambitious and dedicated professional with proven success in providing counselling, training / development, instruction and consulting expertise
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Organisational Experience
From Mar’17 with RV & Associates, Chartered Accountants, Chennai as Manager (Finance & Accounts, Audit, Admin)Friend’s Audit Firm
Key Result Areas:
· Audit Planning, Prepare audit reports, Follow up with clients for reports and documents
· Accounting & Audit support to FMCG, Hotels, Restaurants, Companies, Individual
· Bank Audit – Concurrent, Revenue, Statutory Audit
· Co ordinate with IT officers – Advance Tax, Return Filing, IT Notice cases etc
· Preparation of Financial and Capital Budget for the above companies and others.
· Decision making with regard to Long term investment in Fixed Assets.
· Preparation of Long term projection report.
· Collect queries regarding Direct Tax & Indirect Tax such as Income Tax, GST and execute necessary action.
· Office Administration – Accounts, Banking, Payroll etc - Team size 5
May’10 – Dec’16 with Gulf Advantage Automobiles LLC, (SuhailBahwan Groups, Oman) Riyadh as Manager (Finance & Accounts) Renault
Key Result Areas:
· MIS – Statement of Financial Position, Income Statement, Cash Flow Statement, Changes of Share Capital, Report Generate – Location wise, Brand wise, Department wise etc
· Core Area of Business: Sales and After Sales – New, Used & Tradein / Rent A Car Division – Fleet, Services
· Prepare Budget, Collect data from various department and Uploading after approval. Compare Budget Vs Actual
· Decision Making on insurance of Property, Motor, WC, Money, Medical, Public, Motor Trade and so on
· Extensively liaised with customers and relationship managers of Banks to improve the delivery channels of Trade Finance products and monitor Documentation and Documentary Credit (LC)
· Planned and executed monthly / quarterly / annual Inventory Verification on demand.
· Safeguarded that all financial reports had data integrity, used the Micro strategy reporting tool to expedite root cause analysis by report analysts
· Controlled and maintained fixed assets; streamlined reports and entries, filed returns for fixed assets, monitored site wise capitalization and provision, undertook physical verification of assets, confirmed that all assets were insured at the correct value
· Ensured effective allocation of cash resources by supervising activities related to placement of funds with optimal returns
· Advanced payable controls & procedures that improved timeliness and accuracy of both the recording and payment of transactions
· Reduced and maintained average accounts receivable to the lowest system standards
· Established a service management framework by implementing Service Level Agreements (SLAs) at crucial touch points
· Conducted regular pricing reviews to ensure that trade products were priced as per market conditions
· Coordinating with Sales Team and providing information related to finance
· Directed a team of 6 members
Highlights:
· Established the Trade Finance business in Riyadh/SA; drove annual business worth US$ 10 Million for Trade products to corporate clients
· Restructured the internal financial reports for F&A; improved accuracy, administered trend analysis, and reduced generation time from 7 to 3 days
· Prepared financial reports for about SR 400 Million Turnover and monitor Payroll process for 500 employees
· Involved in decision making of All Insurance Policies.Especially Fire and Allied Insurance (Property)worth of about SR 320 Million
· Established online banking and Make online Vendor Payment, Payroll and Fund Transfer with five level security authorization.
· Designed and arranged printed cheque through bank and Coordinate with IT Team to connect with ERP (SAP)
Previous Experience
Jan’09 – Feb’10 with Gulf Vision General Trading LLC, Dubai as Assistant Manager (Finance & Accounts) Transportation and Tyre Trading - Retail
Key Result Areas:
· Reported to MD – MIS, Financial Report, Investment Analysis, Cost Sheet and maintained Accounts Receivable, Accounts Payable, Payroll, Cash Management, Internal Audit
· Handled Trade Finance in Export & Import Trading
· Formulated L/C documents for Import and Export
· Interacted with Bank Trade Finance Department continuously and participated to avail facility with bank
· Assisted External Auditor for audit of accounts
· Organised cost sheets for purchase and sale of material
· Monitored accounts and finance transactions and Conducted projection report
Nov’05 – Dec’08 with Under Tradeline Group, Tradeline Crusher Management Llc, Fujairah / Dubai; Production Crusher Unit, Building Material Division and Import & Export Steel Trading
Key Result Areas:
· Handling Trade Finance in Steel Trading – Under Tradeline Group, TradelineLlc. Head Office, Dubai.
· Prepare and Maintain financial reports.
· Prepare MIS report on timely basis.
· LC documentation for Import and Export.
· Interact with Bank Trade Finance department on continuous basis.
· Avail Short term loan for working capital – Freight Loan, Finance LC.
· Audit of Inter (Sister Concern) & Intra Company accounts.
· Assist with internal auditor for audit of accounts.
· Checking and approve of all document for payments.
· Prepare cost sheet for purchase and Sale of material.
· Maintain Day to Day accounts in Manufacturing company – Under Tradeline Group, Tradeline Crusher Management Llc, Fujairah.
· Set up document systems, procedures in Finance and Accounts and implementation of Internal control.
· Checking and authorize all documents for payments.
· Checking of Inventory – Stock of Finished Goods and Spare parts.
· Follow up of all Receivables and Payables on continuous basis – AR, AP
· Maintain Fixed Assets Records.
· Prepare Cash Flows to maintain cash in hand sufficiently on monthly basis.
· Procure working capital from Bank.
· Prepare projection report.
· Prepare Cash budget on monthly basis.
· Assets procurement decision, Replacement decision – Statement prepared for purchase of Excavator.
· Prepare Costing – Marginal Cost (Variable Cost, Fixed Cost, Semi Variable Cost Contribution, PV Ratio, Breakeven Point, Margin of Safety)
· Cost Sheet – Production Cost, Factory Cost, Selling Cost, Cost of Goods Sold.
Jul’01 – Oct’05 with Sridharan& Co, Chennai as Senior Audit Assistant
· Audit of Private Limited Company – Statutory Audit under the Companies Act – Autobahan Motor Product Pvt. Ltd., Alphar Lab India Pvt. Ltd.
· Checking of Cash Flows of above companies on continuous basis.
· Preparation of Financial and Capital Budget for the above companies and others.
· Decision making with regard to Long term investment in Fixed Assets.
· Preparation of Long term projection report.
· Accounting and Audit of Educational Institution – Ganesh Matriculation Hsc School, Academy for Quality Education and Training Pvt. Ltd.
· Accounting and Audit of Hotels – Hotel Saliha International
· Prepare Financial Statement and Budget to obtain bank facility.
· Advise to avail working capital from bankers.
Articleship
May’98 – Jun’01 with Srinivasan & Co, Cuddalore as Articled Clerk
IT Skills
Operating system: MS-Dos, Windows XP, Vista, Windows 10, MS Office 2010 – Word, Excel, PP
Accounting Package:MS Dynamic AX, SAP, Tally ERP, Focus and Trading (back end Access)
