suresh madhavan

management accountant

About

An international finance leader with extensive experience in increasing profitability and maximising stockholder’s value through implementation of new systems, optimising human capital and efficient utilization of resources within the Middle Eastern market. Strong liaison between Finance and other corporate departments due to a concrete understanding of interdepartmental communication and result-oriented team work. Highly effective in the selection of performance-oriented employees and providing knowledge, resources, and training to ensure department and individual employee success.

Country

united arab emirates

City

united arab emirates

Industry

retail

Skill

financial analysis, financial reporting, microsoft office, forecasting, budgets, strategic planning, accounting, accounts payable, auditing, leadership, business strategy, financial accounting, cash flow, budgeting, internal controls, cash management, vendor management, accounts receivable, fixed asset management, sap business one, cma, financial statements, microsoft excel, account reconciliation, inventory control, management, finance, internal audit, analytical skills, variance analysis, corporate finance, managerial finance, management accounting, payroll, risk management, banking, tax optimization, training initiatives, corporate audit, international accounting standards, fixed assets, financial audits, cost accounting, international financial reporting standards, tax, general ledger

Experience

finance manager

financial links general trading company

2011-2 - 2017-1 · 6 yrs

Directed finance team responsible for accounting function of over 50 points of sale; managing budgets, controlling cash flow, approving outgoing payments and bank reconciliations, monitoring A/R and A/P, auditing fixed assets, reviewing financial statements and operating reports, ensuring legal and regulatory compliance, negotiating with vendors Reviewed merchandise planning and inventory control practices, identifying areas of improvement and controlling inventory turnover ratio, improving inventory turnover by 11% and increasing net profit by 7%. Developed progressive policies to ensure sufficient cash flow by reducing operations cost by 4% and increasing revenues. Designed and implemented SAP Business One ERP, Accounting and Internal Control Systems.

chief financial officer

leadstay trading fze

2008-8 - 2011-1 · 2 yrs 6 mos

 Developed financial policies and accounting systems for heavy equipment contracting company in Iraq; developing accounting and internal control systems, preparing financial statements and predictive trends analysis, creating budget forecasts with variance analysis, supervising and forecasting cash flow, overseeing payroll functions, monitoring A/R and A/P, creating profitability standards for potential investments.  Spearheaded capital management initiatives and evaluated capital budget projects, ensuring maximum efficacy.  Managed development of all finance staff members; recruiting new employees, implementing progressive training strategies, conducting regular performance reviews and making recommendations on areas of improvement.