Muthukumar Somasundaram

Muthukumar Somasundaram Email and Phone Number

Working at Johnson & Johnson India @ Johnson & Johnson MedTech
Muthukumar Somasundaram's Location
Chennai, Tamil Nadu, India, India
About Muthukumar Somasundaram

I am a B.Com Graduate & ICWA-Inter completed with 23 years experience in Accounts/Finance. My core experience is in Car Rental Industry wherein I have worked for nearly 16 years in Managerial level. I have experience also in Banking, Trading, Consultancy and Software Services. Currently I am back in India and joined Johnson & Johnson, India

Muthukumar Somasundaram's Current Company Details
Johnson & Johnson MedTech

Johnson & Johnson Medtech

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Working at Johnson & Johnson India
Muthukumar Somasundaram Work Experience Details
  • Johnson & Johnson Medtech
    I2C Senior Team Lead
    Johnson & Johnson Medtech Aug 2019 - Present
  • Jaidah Group - Leasing Division
    Finance Controller
    Jaidah Group - Leasing Division Apr 2018 - May 2019
    Doha, Qatar
    Primarily recruited for creating a proper environment for Rent-A-Car and Leasing Division by introducing a better system, policy and procedures. Studied the existing system and submitted recommendations to improve the business processes. Successfully implemented the Carpro Car Rental Software under a new entity named Gulfcar Rental within a very short span of time given for Go-Live. All the accounting/financial transactions happening in Carpro successfully integrated to SAP using software interface.Extensively involved with top management in creating a business value proposition for a new project conceived by the Executive Director. Created & presented financial projections for the new project until the sign-off stage.Achieved a cash collection of about US$5 million in a span of 7 months from one of a major Government customer with whom dues had piled up for various reasons.
  • United Car Rental (Wafi Group)
    Management Accountant
    United Car Rental (Wafi Group) Jan 2017 - Apr 2018
    Dubai, United Arab Emirates
    Joined United Car Rental (Wafi Group) heading the accounts department reporting to GM & Divisional Controller. The responsibility included taking care of the the entire Accounting, Budgeting, MIS & Reporting using Carpro & Oracle software. Spearheaded the VAT implementation and related software enhancements & integration successfully. Made significant improvements in policy & procedures.
  • Consultant
    Freelance Consultant
    Consultant Dec 2015 - Dec 2016
    Dubai-U.A.E.
    I tried my luck to start my own consultancy and worked as a freelance consultant to an Event Management company. The job involves correcting there past books of accounts, implementing new software, setting up procedures, train the staff, audit books of accounts through an external auditor, creating a business plan and arranging funds by liaising with the bank. During the period also worked on creating business plans for a couple of rent-a-car ventures.
  • Khalid Bushaqer Group
    Finance Manager
    Khalid Bushaqer Group Jun 2010 - Nov 2015
    Dubai, United Arab Emirates
    This is a small group of 6 companies dealing in Car Rental, Software, trading in ATV Bikes/Parts/Caravans, Pet Animals, Games/Party organizing & Engineering Consultancy Services with a combined Group turnover of AED 20 Million. Once again this group had no proper books of accounts or administrative procedures. I came into picture for streamlining things both financially and administratively.Achievements o Implemented new accounting system - Tally ERP9o Identified and implemented new Car Management Systemo Created new warehouse setup to maintain stock properlyo Set up Server/VPN connectivity from branch to HOo New business plan and budget providing targets to unitso Identified new products and got new dealerships
  • Fabexi Trading Llc
    Finance Manager
    Fabexi Trading Llc Nov 2008 - May 2010
    Dubai, United Arab Emirates
    This is a company dealing in rental & sale of lifting equipments like Cranes, Boom Trucks & Forklifts etc., With an experience in car rental industry I have been hired to set up the systems/procedures for both Accounting and operational side. I supervise the accounts as well as HR/Admin. with a team of 10 staff. Once I finished the audit and arranged finance I moved out.Achievements o Setting right and auditing three years of their books of accounts with Horwath Mak Auditorso Successfully revived relationship with a supplier, arranged bank loan and purchased a crane against an already written off advance paymento Made business plan and implemented the same during the peak crisis periodo Liaised with many debtors for amicable settlements
  • Dollar Rent A Car Uae
    Chief Accountant
    Dollar Rent A Car Uae May 2004 - Oct 2008
    Dubai - U.A.E.
    I have been deputed as Chief Accountant to M/s. Dollar Rent A Car to implement the accounts as well as the Car Management System packages. Dollar Rent A Car is a famous car rental in US. Dollar Rent A Car too is under the flagship of AAA Group in UAE. The company started in May 2004 has grown tremendously with current fleet size of about 3000 vehicles and 15 counters spread across Dubai, Sharjah & Abudhabi. I have been given the additional responsibility of Dollar Oman, which started under the same group from the last quarter of year 2007.Responsibilities: Implementation of systems as well as taking care of the entire Accounting/Budgeting & MIS function with a team of 13 people working under me in my department using JDEdwards, reporting to GM & GFM.Achievementso Initially I was transferred temporarily to implement systems but in three months made permanent as Chief Accountanto Successfully created an accounts team and trained them to take care of day to day affairs independentlyo Given additional responsibility of Abu Dhabi and Oman regionso Trained accounts and sales staff in systems and procedures for Omano Was a key player in all feasibility studies and decision making process
  • Thrifty Car Rental Uae
    Operations Auditor
    Thrifty Car Rental Uae Mar 2003 - Apr 2004
    Dubai - U.A.E.
    This is a part of M/s. A A Almoosa Group of Companies. The group is a major real estate/property owners in UAE. Apart from this they have interests in Manufacturing, Household and Car rental businesses. The company I am working, is involved in Car Rental & Leasing business. Thrifty is a US based car rental company having more than 180,000 cars worldwide. The fleet strength in UAE is about 7000 vehicles.Achievementso Successfully studied and thoroughly got familiarized with the business model, systems and workflowo Improved data capturing by avoiding manual works thereby increasing productivityo Selected for accounts department for the new startup - Dollar Rent A Car.
  • Qatar Communications Co Wll
    Accountant
    Qatar Communications Co Wll Jun 1999 - Feb 2003
    Doha - Qatar
    This is a part of M/s. Kassem Darwish Fakroo & Sons Group of Companies. The group has a wide range of activities in almost all areas of business in Qatar. The company I am working, is involved in trading, marketing and installation works in the field of Communications, Security Systems, Fire Alarm Systems and Marine Safety Products with a presence of more than 20 years in Qatar and are the authorized dealers for Ericsson products in Qatar.Job Profile Looking after all the book keeping using Tally. I was the only person in accounts taking care of all the functions.
  • Centurion Bank
    Junior Officer
    Centurion Bank Sep 1998 - May 1999
    Chennai Area, India
    This is a multi million banking company with branches in all major cities catering the personal and corporate banking requirements of the public with a wide range of services like NRI Banking, Depository Services, Locker Facility, Mutual Funds, Vehicle Finance, Retail Finance etc.,Job ProfileThis is the period when two wheeler financing was moving forward at a brisk pace. I was in-charge for the book keeping of all entries related to hire purchase deals including periodical cheque deposits, BRS and Pre-closures.Achievemento In a span of 9 months the number of customer loan account increased from a mere 200 to 2000.o Closing of all entries should happen the same day with nothing pending
  • Anubhav Plantations Ltd
    Junior Accounts Officer
    Anubhav Plantations Ltd Apr 1996 - Aug 1998
    Chennai
    This is a multi crore non-banking financial company involved in Teak Plantations schemes and has closed down its operations from January 1999 due to strict government regulations.Job Profile : I was working in a particular deposit scheme checking applications and entering all the income and expenses related to that in Tally. Had a good exposure of dealing with Auditors and Credit Rating Agencies.

Muthukumar Somasundaram Education Details

  • Am Jain College
    Am Jain College
    Accounting/Commerce/Economics
  • Icwai
    Icwai
    Icwa - Inter

Frequently Asked Questions about Muthukumar Somasundaram

What company does Muthukumar Somasundaram work for?

Muthukumar Somasundaram works for Johnson & Johnson Medtech

What is Muthukumar Somasundaram's role at the current company?

Muthukumar Somasundaram's current role is Working at Johnson & Johnson India.

What schools did Muthukumar Somasundaram attend?

Muthukumar Somasundaram attended Am Jain College, Icwai.

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