Lance Rajesh Email & Phone Number

Dubai, United Arab Emirates

Head of Finance, reporting to CFO Ensuring:  Debtors and collection management  Managing supplier payments as per terms, re-scheduling vendor debts to cater to the demanding cash flow requirements. Negotiate regularly with vendors for increase in payment terms on a case to case basis..  Maintaining adequate insurance cover for assets and business of the company.  Ensure accrual of revenue and deferred revenue is as per IFRS.  Review manpower cost and outsourcing costs with benefits.  Manage VAT Returns and VAT audit.  Corporate Tax implementation. .  Timely closing of books, facilitating statutory & tax audits and filing of financials and returns with Govt. authorities and banks.  Bringing improvements in monthly reporting , accounting & ERP procedures and processes

Dubai, United Arab Emirates

Head of Finance & Compliance, reporting to CFO & Director Corporate Affair Ensuring:  Managing Procure to Pay Process for better deals & payment terms. Re-scheduling vendor debts to cater to the demanding cash flow requirements. Negotiate regularly with vendors for increase in payment terms on a case to case basis as per the demands of the cash flow.  Managing Order to Cash Process to improve upon the cash inflow cycle.  Ensure availability of funding for capital assets on a timely basis.  Timely closing of books, facilitating statutory & tax audits and filing of financials and returns with Govt. authorities and banks.  Bringing improvements in monthly reporting & accounting procedures.  Ensure all reporting requirements of the banks are catered on a timely basis.  Direct ERP and process improvements.  Value Added Tax (VAT) process implementation and monitor.

Dubai, United Arab Emirates

Head of Finance, Admin & Compliance, reporting directly to Founder & CEO, having independent responsibility of Middle East & Africa operations.Ensuring:  Responsible for entire Group’s Financial Planning, Budgeting, Accounting & Treasury functions.  Managing treasury for entire Group and responsible for optimum working capital utilization & stable cash flow Compliance with applicable policies, contracts & regulations Managing Procure to Pay Process specific to the verticals and negotiating for better deals & payment terms.  Managing Order to Cash Process specific to the verticals to improve upon the process timelines.  Commercial control with clear focus on revenue & margin; project structuring to mitigate payment risk & reduce working capital utilization. Timely closing of books, facilitating statutory & tax audits and filing of financials and returns with Govt. authorities and banks. Responsible for internal & credit control, corporate governance & to keep all the registered entities in different countries legally compliant & ability to issue work permits & participate in Government tenders.

Dubai, United Arab Emirates

Emitac Group represents one of the major Distributors and Solution providers in the Middle East specializing in IT, Healthcare and Telecom sectors. Emitac has 18 subsidiaries based out of UAE, Saudi Arabia, Qatar, Kuwait and Jordan. Responsibilities include: Review & timely issue of Monthly MIS Consolidation of Group Accounts  Ensure timely finalization of Annual accounts & audit of the Group Ensures that the Group has adequate insurance cover for all it’s assets and for third part claims Identify and improve accounting processes Ensures compliance with policies and processes within the Group Ensures Intercompany Reconciliations for Group Companies are completed regularly Assess internal controls and implement measures for improvements Supervise ERP Processes and implement improvements Liaises with Internal and External Auditors. Ensures audits are carried out efficiently and economically and corrective actions are promptly taken to eliminate any weaknesses or deficiencies identified by the auditors As authorized bank signatory ensure all bank documents are signed promptly Assist in annual budgeting process Assist the Group Treasury Manager :- renewal of bank facilities- provide all information and reports required by banks - cash forecast- daily banking operations Achievements:  Prompt finalization of annual audit without any changes in reported profits Consolidation of Group accounts was done for the first time, this was previously outsourced Independently handled treasury for one year and during tough market conditions and ensured there were adequate facilities at all times with cost efficiency. Improvements in ERP System including Oracle implementation. Coached, mentored and developed finance teams of upto 15 personnel. Finance process transition from Shared Services to individual entities.

Abu Dhabi, United Arab Emirates

Responsibilities include: Daily management reports. Monthly financials reporting. Liaising with banks & auditors. Implementation of internal controls. Pricing of new projects. Stock Management. Cash management. Monitoring Account Receivables / Payables. Supervise purchases, stores and deliveries. Supervise and co-ordinate AR Collections. Assisting in budgeting Achievements:  De-centralization of Accounts Department. Implementing credit policy for customers. Improvement in bill collections & Accounts Receivables Accounting. Implementing controls for purchases, proper stock movement & stock recording system. Improvements in administrative set-up.

Al-Riyadh Governorate, Saudi Arabia

Responsibilities include: Daily management reports. Monthly financials reporting. Liaising with banks & auditors. Implementation of internal controls. Cost reduction & cost controls. Internal audit of rental locations and workshops. Pricing of new leases.  Car sales planning. Cash management. Monitoring Account Receivables / Payables & responsible for Collections. Budgeting  Leading, coordinating, motivating, training the staff. Member of the Regional Management Team. Achievements:  Increase in per car revenue & car sales profit.  Streamlining of Accounts Receivables resulting in positive cash flow. Setting-up of de-centralized Accounts Department. Customization of Accounting Software. Growth in lease business resulting in greater profitability. Changes in fleet mix based on profitability by make / model.

Jeddah Governorate, Saudi Arabia

Responsibilities included – Consolidation of Daily Management Reports of all branches. Responsible for maintenance of General Ledger & Vehicles Inventory. Assessing vehicle finance requirements. Documentation for bank / dealer finance. Assisting in Monthly financials reporting. Responsible for Inter - Branch Accounting, co-coordinating with other Branch Accountants Assisting in Implementation of internal controls.

Bengaluru Area, India

Responsibilities included – Monthly Financial Reporting. Liaising with banks & auditors. Internal audit & implementation of internal controls. Cost Reduction. Cash Management. Adhering to Laws of Income Tax, Sales Tax, Customs Duty, Excise Duty, Company Act , Foreign Exchange Act, etc. Budgeting.

Bengaluru Area, India

Was involved in audit of various Companies and also assignments relating to Income Tax & Company Law.

Master’S Degree, Chartered Accountant

Bachelor’S Degree, Bachelor Of Commerce