AHMED KASSAM SORATHIA
Mobile No. +971505539319
OBJECTIVE
To seek a challenging career with a broader perspective as a Functional Manager of Accounts, Finance & Audit.
EXPERIENCE
Period : January 2015 to December 2018
Employer : Advanced Baking Concept (ABC) - DUBAI
Business : ABC Baking is the first frozen bread and pastry manufacturer of its kinds in the GCC located in the vibrant city of Dubai.
Position Held : Financial Controller
Responsible to : Managing Director
Responsibilities :
• Preparing, Reviewing and comments on the monthly management accounts with justification.
• Dealing with Banks for arranging the finance for new projects.
• Due diligence for new product line.
• Controlling treasure function of the Company.
• Implement the new costing system for Recipes and integrate with system.
• Implement the VAT system and make necessary changes in software as per required by Federal Law and also responsible for filing the VAT returns.
• Review the sales contract and comments on the same.
• Prepare and reviewing the policies and make necessary changes as required time to time.
• Responsible to prepare activity level budget and entire budget of company and co-ordinate with all the department for the same.
• Co-ordinate with internal and external auditor.

Period : December 2010 to December 2014
Employer : ALI AHMAD BIN HUWAIDI GROUP - DUBAI
Business : Oil, Gas and Chemical Transportation, Logistic, Real Estate, Vehicle
Body Manufacturing, Equipment Hiring, Quarry, etc.
Position Held : Financial Controller
Responsible to : Managing Director and Chairman.
Responsibilities :
• Reviewing and comments on the monthly management accounts.
• Arranging new facilities from banks.
• Preparing the feasibility studies for the new projects.
• Controlling treasure function of the Company.
• Co-ordinate with Administrative and HR Department.
• Managing Cash Flow of the Company.
• Preparing the Cash Forecast of the Company.
• Plan, Organize and supervise all activities of Accounts Department. Develop and Review Financial and Administrative Policies, Procedure and Internal control.
• Prepare Budget for the Company and Highlighted the variance with actual and prepare the Audit and HR Manual.
• Co-ordinate with external auditor of the Company.
• Co-ordinate with banks for renewal and enhancement of Facilities.
Period : December 2009 to December 2010
Employer : BHATIA BROTHERS GROUP - DUBAI
Business : Oil and Gas, industrials, MEP, Security installation and supplies and
Trading and engineering supplies, Real Estate.
Position Held : Financial Controller
Responsible to : Managing Director and Chairman.
Responsibilities :
• Reviewing and comments on the monthly management accounts.
• Arranging new facilities from banks.
• Preparing the feasibility studies for the new projects.
• Controlling treasure function of the Company.
• Developed Product Costing System and its implementation.
• Managing Cash Flow of the Company.
• Preparing the Cash Forecast of the Company.
• Plan, Organize and supervise all activities of Accounts Department. Develop and Review Financial and Administrative Policies, Procedure and Internal control.
• Prepare Budget for the Company and Highlighted the variance with actual.
• Co-ordinate with external auditor of the Company.
• Co-ordinate with banks for renewal and enhancement.
Period : February 2006 to December 2009
Employer : GENTEX GROUP – DUBAI
Business : Pharmaceutical, Steel Trading, Manufacturing of profile, T’ Grid,
Switch Gear Assembling.
Position Held : Financial Controller
Responsible to : Managing Director and Chairman.
Responsibilities :
• Reviewing and comments on the monthly management accounts.
• Arranging new facilities from banks.
• Preparing the feasibility studies for the new projects.
• Controlling treasure function of the Company.
• Developed Product Costing System and its implementation.
• Managing Cash Flow of the Company.
• Preparing the Cash Forecast of the Company.
• Plan, Organize and supervise all activities of Accounts Department. Develop and Review Financial and Administrative Policies, Procedure and Internal controls Managing the entire accounting function of the Company.
• Prepare Budget for the Company and Highlighted the variance with actual.
• Co-ordinate with external auditor of the Company.
• Co-ordinate with banks for renewal and enhancement of credit
Closely involve in implementation of Oracle Financials.
Period : 11th. March 2003 to February 2006
Employer : MOHD. KAHEN GENERAL TRADING CO. - DUBAI
Business : General Trading Business – Steel, Copper, oil products, timbers and
Chemicals
Position Held : Finance Manager
Responsible : Managing Director and Chairman.
Responsibilities :
• Preparing the monthly accounts.
• Controlling treasure function of the Company.
• Developed Job Costing System and its implementation.
• Managing Cash Flow of the Company.
• Preparing the Cash Forecast of the Company.
• Co-ordinate with bank for L/C, bank guarantee and other financial matters
• Plan, Organize and supervise all activities of Accounts Department. Develop and Review Financial and Administrative Policies, Procedure and Internal controls Managing the entire accounting function of the Company.
• Prepare Budget for the Company and Highlighted the variance with actual.
• Co-ordinate with external auditor of the Company.
• Co-ordinate with Lawyer of the Company.
• Co-ordinate with the Marketing manager for submitting the tenders.

Period : 1st. July 1999 to 28 Feb.,2003.
Employer : MARINECARE LLC – DUBAI
Business : Vessel Repairing and Building of Vessel.
Position Held : Financial Controller.
Responsible to : Managing Director.
Responsibilities :
• Preparing the monthly accounts.
• Arranging the finance from bank on project.
• Controlling the treasure function of the Company.
• Developed Product Costing System, Job Costing and its implementation.
• Preparing the budget for the company and highlighted the variance with actual.
• Co-ordinate with bank for L/C, bank guarantee and other financial matters.
• Co-ordinate with external auditor and internal auditor.
• Managing the cash flow of the company.
• Managing the entire accounting function of the company till finalization.
• Plan, Organize and supervise all activities of Accounts Department. Develop and Review Financial and Administrative Policies, Procedure and Internal controls
• Co-ordinate with the contract manager for submitting the tenders and preparing estimate cost of projects.
Period : 3rd. April 1994 till 9th April 1999.
Employer : AL FUTTAIM SONS CO., - DUBAI
Business : A trading Co., having international franchise rights for Toys R Us, Hertz Rent a Car, Ryman The Stationer, Marks & Spencer & Kids Play etc, having operations in U.A.E., Bahrain, Kuwait, Doha, Muscat, etc.
Position Held : Divisional Cum Corporate Accountant. (Worked in Corporate Office and divisions viz. Al Futtaim Telecom, Ryman The Stationer, Hertz Rent A Car).
Responsible to :
Finance Director (functionally) & Regional Manager (administratively).
Responsibilities :
• Plan, Organize and supervise all activities of Accounts Department. Develop and Review Financial and Administrative Policies, Procedures and Internal controls.
• Manage cash flow of the Divisions.
• Introduce Financial Accounting Systems for new Divisions.
• Prepare Divisional & Corporate Budgets and Evaluate Financial
Projections.
• Ensure proper Cost and Risk Management techniques are employed for Vehicle Insurance.
• Develop and establish guidelines for Budgeting, Financial reporting, Records and MIS.
• Develop Product Costing Methods and their implementation.
• Contribute towards selection of appropriate computerized financial system and ensure its implementation for meeting business needs.
• Co-ordinate with Banks for L/C & other financial matters.
• Co-ordinate with External & Internal Auditors.
Achievements :
• Introduced computerized accounting systems by replacing manual systems.
• Streamlined Stationery Inventory consisting of 4500 items leading to cost savings and timely identification of slow moving items.
• Introduced Financial Reporting Systems and control between HO & various Divisions.

Period : September 1989 to Jan 1994.
Employer : AL MAJID MARINE ENGINEERING – DUBAI.
Position Held : Chief Accountant.
Responsible to : Administrative & Managing Director.
Responsibilities :
• Prepare budgets for the Company.
• Arrange Working capital loans from banks.
• Manage the entire accounting function up to finalization.
• Control of Cash & Credit.
• Job Costing.
Period : June 1988 to September 1989.
Employer : MUNI & SHAH, CHARTERED ACCOUNTANTS - Bombay.
Position Held : Audit cum Tax Manager.
Responsible to : Managing Partner
Responsibilities :
• Conduct Management Audit for Specific areas of Business with a purpose of locating system weaknesses and suggesting remedial measures.
• Arrange long term loans from financial institutions.
• Arrange working capital loans from banks.
• Preparing the Feasibility Reports.
• Preparing Memorandum & Article of Association of the Companies.
• Conduct Statutory Audits for compliance with The Company Law & The Income tax Act. for Limited Companies, Bank, Partnership firms, etc.
• Verify cost records.
• Review of Accounting Policies & Procedures of various companies
• Prepare cash budgets for overdraft facilities, etc
• Appearing before Tax Authorities and Prepare Income Tax Returns.
EDUCATION
Name of Institution / Special Subjects Year
C.A. Fellow Member of The Institute of Chartered Accountants of India. 1988
B.Com. Bombay University
Computer Systems, Financial Accounting and Auditing, Economic Systems. 1984

PROFICIENT AND EXPERIENCED IN

IFRS, IAS, US GAAP, Transfer Pricing and Implementing these in most of the Companies for 25 Years.

SELF SKILL BUILDING EFFORTS
Feb’94 Completed a study of MS Word, Excel & PowerPoint.
Mar’94 Attended Seminars & Courses on Personality Development and Development of interpersonal skills.
EXTRA CURRICULAR ACTIVITIES
Reading, Music & Sports
OTHER PARTICULARS
Date of Birth : 23rd August 1962.
Marital Status : Married.
Children : Two.
Email Id : ahmedsorathia@hotmail.com
Address : 337, Sir J.J. Road, Flat No. 601, Fortune Tower, Byculla,
Mumbai - 400008