Muthukumar Somasundaram Email & Phone Number

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.

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.

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.

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

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

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

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.

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.

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

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.

Bachelor Of Commerce (B.Com.), Accounting/Commerce/Economics

Icwa - Inter