Chetan Anand Bhatt   Fca, Cpa

Chetan Anand Bhatt Fca, Cpa Email and Phone Number

Associate Director of Finance (Dubai and Bahrain) @ Eurofins Clinical Diagnostics
Dubai, AE
Chetan Anand Bhatt Fca, Cpa's Location
Dubai, United Arab Emirates, United Arab Emirates
Chetan Anand Bhatt Fca, Cpa's Contact Details

Chetan Anand Bhatt Fca, Cpa work email

Chetan Anand Bhatt Fca, Cpa personal email

About Chetan Anand Bhatt Fca, Cpa

I am a highly accomplished and driven finance professional with a track record of success spanning 18 years. Throughout my career, I have excelled in leadership roles within Fortune 100 MNCs and Large Conglomerates, demonstrating my expertise across various sectors such as Healthcare, FMCG, Distribution, Pharma, Automation, Real Estate, and Manufacturing.My deep knowledge and proficiency extend to a wide range of financial areas, including IFRS, US GAAP, Consolidation, Reporting, Financial Analysis, Business Planning, Forecasting, Budgeting, Pricing, Financial Modeling, NPV, IRR, NAV computation, and Business Partnering. I bring a strategic mindset and an ability to leverage financial insights to drive tangible results for organizations.

Chetan Anand Bhatt Fca, Cpa's Current Company Details
Eurofins Clinical Diagnostics

Eurofins Clinical Diagnostics

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Associate Director of Finance (Dubai and Bahrain)
Dubai, AE
Website:
eurofins.com
Employees:
15658
Chetan Anand Bhatt Fca, Cpa Work Experience Details
  • Eurofins Clinical Diagnostics
    Associate Director Of Finance (Dubai And Bahrain)
    Eurofins Clinical Diagnostics
    Dubai, Ae
  • Eurofins
    Business Controller (Regional)
    Eurofins Aug 2022 - Present
    Dubai, United Arab Emirates
    Eurofins Scientific is a global leader in scientific testing and laboratory services, dedicated to helping businesses and organizations make informed decisions based on accurate and reliable data. With a strong presence in over 61 countries and a network of more than 950 laboratories and 61000 employees, we offer a comprehensive range of analytical services across multiple industries. Successfully reduced Days Sales Outstanding (DSO) from 429 days (August 2022) to 109 days (May 2023), optimizing cash flow management. Led the comprehensive pricing strategy for Send out tests, ensuring competitive pricing and profitability. Created test coding structure for inhouse and send out tests, enhancing financial tracking and reporting. Deployed Goods Received Note (GRN) system, strengthening inventory control within the laboratory. Demonstrated financial acumen during periods of tight liquidity by devising and executing payment plans for suppliers, ensuring continued operations. Executed a thorough pricing evaluation for the organization, contributing to strategic decision-making. Conducted rigorous calculations for Cost-Per-Test (CPT), facilitating the selection of preferred vendors for Chemistry, Immunology, and Hematology. Leveraged data analysis skills to create insightful reports in Power BI, offering test-specific and customer-specific profitability insights. Led establishment of an accounting function for a newly acquired entity in Bahrain, streamlining financial operations. Successfully oversaw assets tagging initiatives in Eurofins Bahrain, ensuring asset tracking and management accuracy. Designed monthly MIS Package ensuring adequate controls with trial balance. Led successful implementation of LIMS as project leader, from negotiation with software provider to final deployment and user testing.
  • Kaliumgroup
    Head Of Finance & Business Development (Gcc And Lebanon )
    Kaliumgroup Mar 2019 - Aug 2022
    Dubai, United Arab Emirates
    Established in 2006, Kalium Drug Store is a well-established, evidence-based medical solutions provider in the Gulf and Levant regions committed to empowering medical professionals with the most effective and reliable aesthetic solutions.Achievements and Key Result Areas:Orchestrated the financial operations of 11 diverse business units spanning Pharma, Skincare, Medical Equipment distribution, Clinics, and Advanced Medical Training across the GCC and Lebanon.Pioneered successful business development initiatives, forging strategic partnerships with esteemed high-end brands in the Aesthetic Skincare sector for the GCC and Lebanon, driving market prominence.Applied astute cost optimization and negotiation strategies, resulting in substantial savings within General and Administrative expenses (G&A).Engineered robust internal control mechanisms, effectively addressing cost leakage and upholding financial integrity across the organization.Displayed exceptional financial acumen throughout the pandemic-induced business shutdown, adeptly managing working capital and mitigating financial vulnerabilities.Secured funded facilities and orchestrated structured payment terms in collaboration with financial institutions and trade financing companies, ensuring seamless financial operations and optimized cash flow.Elevated returns on investments across the product portfolio, meticulously allocating resources and identifying pivotal growth drivers.Collaborated closely with CXOs to craft both short-term tactical and long-term strategic business blueprints, propelling sustainable growth and facilitating market expansion.Achieved noteworthy reduction in Days Sales Outstanding (DSO) through proactive follow-up, innovative ideation, and strategic implementation of early payment incentives.Thoroughly reviewed and finalized commercial contracts in coordination with the group's legal team, ensuring unwavering compliance and safeguarding the organization's interests.
  • Al Tayer Group
    Fpna Manager
    Al Tayer Group Aug 2009 - Mar 2019
    Dubai, United Arab Emirates
    Al Tayer Group is ranked 17th among the top 50 private companies by Forbes middle east.Responsible for the Finance function of the entire portfolio of Al Tayer Real Estate, Al Tayer Engineering, Swiss log Middle East and Al Tayer Logistics.Experienced in conducting diverse feasibility studies and financial modeling (totaling USD 2 billion) to inform strategic investment decisions within the real estate and facility management sectors.Guiding senior management in shaping financial and operational strategies through comprehensive analysis of key ratios, feasibility studies, budgets, KPIs, treasury management, and projects spanning a range of assets.Demonstrated leadership in executing financial feasibility assessments for the successful acquisition of multiple assets across the UAE.Led the implementation of Hyperion, JDE, and BI tools across the portfolio, streamlining project management and enhancing decision-making processes.Proficiently managed budgetary control, forecasting, and BHAG initiatives to drive financial excellence.Handled intricate tasks including inter-company loans and corporate-level inter-company account management, overseeing balance confirmations and the meticulous recording of loan accounts/balances.Orchestrated end-to-end audit processes across the entire portfolio, ensuring compliance and accuracy.Recognized for pioneering the implementation of a VAT-compliant system within the organization, contributing to seamless operations.Established effective relationships with banks to secure diverse facilities for project and asset financing.Implemented strategic measures to monitor fund inflows and outflows, optimizing the utilization of available resources."
  • Lg Electronics
    Assistant Manager Corporate Finance
    Lg Electronics Mar 2008 - Aug 2009
    Noida Area, India
    Responsibilities• Spearheaded the finalization of corporate accounts and HQ reporting processes.• Diligently monitored long-term Accounts Payable (AP) and Accounts Receivable (AR) aspects.Achievements• Successfully economized 4% of annual General & Administrative expenses by:a) Orchestrating the integration of Head Quarter (Seoul) Accounts Receivable with LG India Accounts Payable.b) Pioneering the adoption of a 100% electronic payment (EFT) system.• Engaged collaboratively with the IT team to design a robust control form. This innovation enabled the finance team to vigilantly oversee outstanding and expiring guarantees, effectively minimizing bank charges.• Recognized with the esteemed title of Best Functional Employee for outstanding contributions.
  • The Goodyear Tire & Rubber Company
    Assistant Manager (Factory Accounting)
    The Goodyear Tire & Rubber Company Jun 2007 - Mar 2008
    Faridabad Area, India
    Summary of Responsibilities:• Overseeing Factory Accounting, Inventory Control, and Cost Accounting functions• Leading Monthly and Yearly Book Closing processes for both US and Indian operations• Coordinating, Monitoring, and Controlling Manufacturing Budget, conducting Variance Analysis, fostering Vendor Development, and managing audits• Crafting proposals for new Projects while ensuring meticulous oversight of Capital projects• Ensuring prompt and accurate Compliance with all statutory requirements, including financial and cost audits, Sales Tax, and Excise• Identifying and Executing opportunities for Cost Reduction and Savings• Managing Collections, monitoring Funds, and establishing effective communication with banks, sales tax authorities, and government agencies.• Ensuring unwavering Compliance with statutory, internal, and US audit standards.
  • Bses Delhi
    Assistant Manager
    Bses Delhi Jun 2006 - Jun 2007
    New Delhi Area, India
    Responsibilities• Accounts Payables• Processing contractual salary payments• VAT complianceSaved INR 400,000 on account of false contractual salary claims by identifying duplicate claims and erroneous calculations

Chetan Anand Bhatt Fca, Cpa Skills

Financial Analysis Finance Financial Accounting Financial Reporting Ifrs Auditing Business Planning Budgets Variance Analysis Team Management Consolidation Financial Modeling International Financial Reporting Standards Management General Ledger Budgeting Jd Edwards Management Information Systems Finalization Of Accounts Forecasting Managerial Finance Cash Flow Analysis Financial Statements Business Development Strategic Planning Business Strategy Internal Controls Cost Accounting U.s. Generally Accepted Accounting Principles Corporate Finance Financial Planning Financial Forecasting Sap R/3 Mis Microsoft Office Microsoft Excel Microsoft Powerpoint Communication Leadership Team Leadership English Working Capital Management Cash Flow Management Finacial Modeling Fst Moving Consumer Goods Financial Operations Interpersonal Skills International Finance Presentation Skills

Chetan Anand Bhatt Fca, Cpa Education Details

Frequently Asked Questions about Chetan Anand Bhatt Fca, Cpa

What company does Chetan Anand Bhatt Fca, Cpa work for?

Chetan Anand Bhatt Fca, Cpa works for Eurofins Clinical Diagnostics

What is Chetan Anand Bhatt Fca, Cpa's role at the current company?

Chetan Anand Bhatt Fca, Cpa's current role is Associate Director of Finance (Dubai and Bahrain).

What is Chetan Anand Bhatt Fca, Cpa's email address?

Chetan Anand Bhatt Fca, Cpa's email address is my****@****ail.com

What schools did Chetan Anand Bhatt Fca, Cpa attend?

Chetan Anand Bhatt Fca, Cpa attended Indian Institute Of Management Ahmedabad, Certified Public Accountant (Cpa), The Institute Of Chartered Accountants Of India, Institute Of Cost Accountants Of India, Indian Institute Of Banking And Finance, Delhi University.

What skills is Chetan Anand Bhatt Fca, Cpa known for?

Chetan Anand Bhatt Fca, Cpa has skills like Financial Analysis, Finance, Financial Accounting, Financial Reporting, Ifrs, Auditing, Business Planning, Budgets, Variance Analysis, Team Management, Consolidation, Financial Modeling.

Who are Chetan Anand Bhatt Fca, Cpa's colleagues?

Chetan Anand Bhatt Fca, Cpa's colleagues are Valérie Perennes, Mia H, Julius Zamcho, Richard Bowen, Ronald Derking, Tessa Steenhof, Ruby Knight.

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