Inchcape Shipping Services is one of the world’s leading maritime services providers with employees over 3800 in 302 offices in 66 countries. Joined 01st Aug 2005 as Account Supervisor, Two promotions in 3 years.( Supervisor to Asst Manager finance then to Finance Manager)
Present Position Held:-Finance Manager- Cargo Services. – Since Aug 2012. Staffs reporting -10

Experience:-

 Responsible & accountable for the overall Gamut of operational Finance Functions for Cargo Services (Freight Forwarding, Supply chain solution, Relocation, Industrial projects & Warehousing Business).

 Co-ordinating and ensuring with all the departments to plan the performance, discussions to enhance operational and financial excellence,

 Budget Preparation: Co-ordinate with department heads and Set up Annual budget plan with commercial support, and monitor such plan in co- ordination with the department heads and update management for variances.
 Internal and External Audit:= Ensuring that all accounting activities are performed as per the policy and no non conformance reported over the years.

 Debt Management: Actively managing the credit control team and collected AED 240 Million in a year. Spearheading efforts across creation and implementation of credit policy and ensuring maintenance of healthy DSO, Reduced DSO from 72 to 56 with continuous follow up and proactive approach.
• Managed 1000 to 1200 active customer accounts,
• Resolving hard default cases and evolving mutually agreed methodology to clear the dues. Initiated legal action against defaulters not ready to crack under persuasive forces.
 Credit Review- Provide client specific and industry specific feedback to commercial team, Credit Support – Provide appropriate guidelines to commercial team in order to mitigate the risk. Credit Recommendation: Provide recommendations to the Sales managers in order to ensure to increase the profitability of the jobs and get good collaterals and securities are obtained to as per the company policy.
 Successfully managed Credit Insurance of Freight Forwarding division thereby ensuring the defaulters are submitted to Insurance and minimizing the bad debts to the company. Less than 1% of the turnover was provided for Bad Debts in last 4 years.

 MIS and Reporting: Timely monthly preparation and submission of monthly P&L reports of various departments to the management.

 Vendor management: Supervising payable team and Periodic review and renegotiate vendor terms and conditions keeping in view current market trends, competitions and business gains with the purpose of improving of the working capital by way of extended credit facility. Increased DPO from 30 days to 45 to 60 days. Intercompany reconciliation.

 Ensures timely and accurate Invoicing in accordance with the company policy and as per customer requirements, r contract & agreements. Monitor service provided and ensure that the customers are billed and there is no leakage of revenue. Accurate accounting of INPUT and Out Put VAT. Track Revenue recognition and ensure revenue is allocated correctly.

 Monitoring and controlling WIP report, to ensure timely closing for all pending jobs to recognize the revenue in division P&L to minimize any risk.

Inchcape Shipping Services is one of the world’s leading maritime services providers with employees over 3800 in 302 offices in 66 countries. Joined 01st Aug 2005 as Account Supervisor, Two promotions in 3 years.( Supervisor to Asst Manager finance then to Finance Manager)
Present Position Held:-Finance Manager- Cargo Services. – Since Aug 2012. Staffs reporting -10

Experience:-

 Responsible & accountable for the overall Gamut of operational Finance Functions for Cargo Services (Freight Forwarding, Supply chain solution, Relocation, Industrial projects & Warehousing Business).

 Co-ordinating and ensuring with all the departments to plan the performance, discussions to enhance operational and financial excellence,

 Budget Preparation: Co-ordinate with department heads and Set up Annual budget plan with commercial support, and monitor such plan in co- ordination with the department heads and update management for variances.
 Internal and External Audit:= Ensuring that all accounting activities are performed as per the policy and no non conformance reported over the years.

 Debt Management: Actively managing the credit control team and collected AED 240 Million in a year. Spearheading efforts across creation and implementation of credit policy and ensuring maintenance of healthy DSO, Reduced DSO from 72 to 56 with continuous follow up and proactive approach.
• Managed 1000 to 1200 active customer accounts,
• Resolving hard default cases and evolving mutually agreed methodology to clear the dues. Initiated legal action against defaulters not ready to crack under persuasive forces.
 Credit Review- Provide client specific and industry specific feedback to commercial team, Credit Support – Provide appropriate guidelines to commercial team in order to mitigate the risk. Credit Recommendation: Provide recommendations to the Sales managers in order to ensure to increase the profitability of the jobs and get good collaterals and securities are obtained to as per the company policy.
 Successfully managed Credit Insurance of Freight Forwarding division thereby ensuring the defaulters are submitted to Insurance and minimizing the bad debts to the company. Less than 1% of the turnover was provided for Bad Debts in last 4 years.

 MIS and Reporting: Timely monthly preparation and submission of monthly P&L reports of various departments to the management.

 Vendor management: Supervising payable team and Periodic review and renegotiate vendor terms and conditions keeping in view current market trends, competitions and business gains with the purpose of improving of the working capital by way of extended credit facility. Increased DPO from 30 days to 45 to 60 days. Intercompany reconciliation.

 Ensures timely and accurate Invoicing in accordance with the company policy and as per customer requirements, r contract & agreements. Monitor service provided and ensure that the customers are billed and there is no leakage of revenue. Accurate accounting of INPUT and Out Put VAT. Track Revenue recognition and ensure revenue is allocated correctly.

 Monitoring and controlling WIP report, to ensure timely closing for all pending jobs to recognize the revenue in division P&L to minimize any risk.

Responsible for direct and control of all accounting activities of Liner Disbursement accounts ensuring accurate and efficient auditing provided. Two promotions in 3 years from Executive to Senior Executive to Team Leader

Experience:

 Auditing of the Proforma Disbursement Account and Final Disbursement Account for Authenticity, accuracy and compliance with terms and agreements of the principle.
 Introduced strict measures to account the expense categories for customer analysis and reports.
 Verifying the expenses/vouchers against historical data, as per the term is (Liner/FIOS), stated tariffs and any terms and agreements made by the operator and exchange rates and any other pertinent information for their validity and appropriateness.
 Documentation & Review of Standard Operating Procedures relating to different customers.
 Procedural trial review of implemented system and recommend changes in functional aspects of DA Team

Responsible for direct and control of all accounting activities of Liner Disbursement accounts ensuring accurate and efficient auditing provided. Two promotions in 3 years from Executive to Senior Executive to Team Leader

Experience:

 Auditing of the Proforma Disbursement Account and Final Disbursement Account for Authenticity, accuracy and compliance with terms and agreements of the principle.
 Introduced strict measures to account the expense categories for customer analysis and reports.
 Verifying the expenses/vouchers against historical data, as per the term is (Liner/FIOS), stated tariffs and any terms and agreements made by the operator and exchange rates and any other pertinent information for their validity and appropriateness.
 Documentation & Review of Standard Operating Procedures relating to different customers.
 Procedural trial review of implemented system and recommend changes in functional aspects of DA Team

Responsible for payroll & Accounts related activities. Position Held:- Executive Accounts
Work involved :-

 Ensuring team accounting all the employee expenses/employees claims and ensuring that the data entered is correct.
 Performs payroll entries and calculations and duties including reviewing data for accuracy and maintaining employee payroll files & also ensuring the team process clients payroll on time.
 Handled the Gross module of the company, where disbursed the salaries to client employees and remitted TDS, PF &etc., on behalf of the clients.
 Preparation and submission of all statutory reports like, ESI, PF & Income Tax to the respective authorities.

Responsible for payroll & Accounts related activities. Position Held:- Executive Accounts
Work involved :-

 Ensuring team accounting all the employee expenses/employees claims and ensuring that the data entered is correct.
 Performs payroll entries and calculations and duties including reviewing data for accuracy and maintaining employee payroll files & also ensuring the team process clients payroll on time.
 Handled the Gross module of the company, where disbursed the salaries to client employees and remitted TDS, PF &etc., on behalf of the clients.
 Preparation and submission of all statutory reports like, ESI, PF & Income Tax to the respective authorities.

Position Held:- Accountants Assisant
 Recording Journal Entries relating to Accounts Receivable. Handled Sales Force claims related to Salary / Expenses / Incentives etc.,
 Disseminating the information on debtor’s statements each month by obtaining relevant information from the system, and contacts debtor’s regularly to follow up payment and keep debt levels to a minimum.
 Payment follow-up with the agents, retailers, wholesalers and dealers for cash payments and check payments.
 Posting supplier invoices onto the system, relating to the reimbursement of services used and pay the suppliers as per the credit terms and maintained good relationship.

Position Held:- Accountants Assisant
 Recording Journal Entries relating to Accounts Receivable. Handled Sales Force claims related to Salary / Expenses / Incentives etc.,
 Disseminating the information on debtor’s statements each month by obtaining relevant information from the system, and contacts debtor’s regularly to follow up payment and keep debt levels to a minimum.
 Payment follow-up with the agents, retailers, wholesalers and dealers for cash payments and check payments.
 Posting supplier invoices onto the system, relating to the reimbursement of services used and pay the suppliers as per the credit terms and maintained good relationship.

Financial management,
Cost Accounting
Auditing
Industrial Business Management
Marketing,

Financial management,
Cost Accounting
Auditing
Industrial Business Management
Marketing,