Dharmesh Shah Email & Phone Number

Nairobi County, Kenya

Nairobi, Kenya

✅ Overseeing Funds, WC, Treasury and Cash Flow Management, Forex, Calculation of Ex-Loss/Gain, Project Financing, ensuring judicious allocation of funds, with a team of 10 members ✅ Formulating Budgets, Forecasts, CAPEX/ OPEX, and Annual Operating Plans for LOBs; conducting variance analysis to determine the difference between projected & actual results ✅ Supervising Imports Line, maintaining relations with Overseas Suppliers, full utilization of Trade Finance Facilities ✅ Liaising with Internal/ External Auditors, for timely Bank & Statutory Audits across Entities ✅ Conducting Forensic Audits to help Operations in optimising capacity utilization and control labour costs ✅ Administering Cost-effective Procurement/ Purchase of goods/materials to meet production requirements, ensure optimum inventory levels✅ Supporting the Sales Team in the negotiation of Customer Contracts with better margins, ensuring that the effects of Forex Fluctuation negative impact are transferred onto customers✅ Facilitating Dashboards/ MIS Reports/ SOPs / Check Points for all Depts. / Process Wise to keep track of business KPIs✅ Establishing Risk Management Policies, aimed at identifying and mitigating any financial risks✅ Negotiating Annual Renewals of Insurance (Plant and Machinery), Marine Cover for Import of RM, Spares & Capital Goods, and Insurance Claims (Accident, Import & Employee Related) to protect against any untoward incidents✅ Driving preparation of Projected Cash Flow for existing / upcoming projects. Liaising with Banks to meet working capital finance/ new project fund requirements, at the lowest interests✅ Monitoring Tax Compliance, Filing of VAT / PAYE / WHT / Annual Returns, Transfer Pricing, Tax Litigations, optimizing tax strategies to support business goals and minimize liabilities ✅ Steering Process Improvement / Automaton of Reporting/ Financial Processes for cost-effective operations

Nairobi, Kenya

✅ Spearheaded as Head of Finance & Accounts of 8 Group Companies, with a team of 7 members (with direct reporting to Group MD)✅ Oversaw Funds Management (WC Requirement), Forex Liaising and Management, Ex-Loss/Gain Calculations, Project Report and Financing✅ Administered A/c Receivables and A/c Payables Management, Stocks and Overheads Accounting, ensuring reduced outstanding/ credit control✅ Liaised with Advocates for Debt Collection, any pending Litigation, Court Orders, Court and Out of Court Settlements✅ Guided teams in Reconciliation of Bank A/Cs, Debtors A/cs and Creditor’s A/cs, with overall control of financial matters✅ Handled Secretarial Affairs with Registrar of Companies, adherence to all Regulatory Compliances/Companies Act✅ Ensured timely and accurate preparation and processing of Monthly MIS, Companies-Wise and Group Consolidation✅ Managed matters related to Local and Import Procurement, LC, BOE and liaison with Banks for Line of Credit✅ Supervised planning and execution of all Bank and Statutory Audits as per schedule in a time-bound manner✅ Led the preparation of Annual Budgets and facilitated Yearly Budget v/s Actual Analysis and Costing✅ Drove implementation of Financial Measures to control Costs/ Expenses, supported Product Pricing & Commercial Negotiations✅ Directed the planning and preparation of Projected Cash Flow for existing activities as well as upcoming projects✅ Headed Taxation, Transfer Pricing, timely filing of VAT/ PAYE /WHT /Annual Returns with Revenue Authorities✅ Completed Audit Process of all 8 Companies which was pending since 2008 and was online by 2019✅ Successfully availed Project Funding to the tune of $30m for the Recycle Paper Plant from I&M Bank

Nairobi County, Kenya

Nairobi County, Kenya

Tiruppur, Tamil Nadu, India

✅ Headed the Accounts and Finance Departments, to ensure fulfilment of the company’s legal responsibilities and financial objectives✅ Oversaw Cashflow Management, Expense/ Budgetary Controls, Inter-Branch Reconciliation, Business Case and Financial Evaluation for Capex Proposal, Project Financing, Transfer Pricing – Captive Consumption & Tax Audits✅ Tracked Banking Limits – Funded and Non-Funded, Forward Contracts Forex Control, CT and IT Assessments✅ Single-handedly got project funding approved, to the tune of INR 45 Crores for Commissioning a Cotton Spinning Plant from State Bank of India/State Bank of Travancore Consortium by working on a feasibility report (2011)✅ Accomplished savings on Forex Fluctuations by proper Hedging using PCFC facility and Forward Contracts on Exports (Approx. INR 20-22 Lakhs per month in Forward Contracts and 4-5 Lakhs per month in PCFC Facility)

Coimbatore, Tamil Nadu, India

✅ Directed EPC/Turnkey Projects, managed a gamut of functions like Project Financing / Accounting, Credit Control, Accounts Receivable, / Payables, Vendor Management, Contract/ Sub-Contract Negotiations, Bank Liaison, LC Processes, Tax Audits, ERP Reconciliation and Compliance to Statutory Regulations

Oman

✅ Managed general administration, production planning, tracking of vehicle movement, and timely dispatch of products to various project sites

Nashik, Maharashtra, India

✅ Played a key role in the implementation and configuration of Oracle Based Software in line with the company’s requirements, while ensuring all checks and controls were in place in the ERP

Iact Global (Globally Accredited By Acca – Uk)

Emba - Hr & Industrial Relations

Chartered Accountant (Ca)

Bachelor Of Commerce (B.Com.)