Neeraj Kumar Email and Phone Number
Neeraj Kumar personal email
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Qualified Chartered Accountant with 12 Years of diverse and rich experience in FMCG, Manufacturing, Contracting, Trading/Distribution and Service industries.Keep challenging yourself and thinking beyond the ordinary has been driving motivation in my personal and professional journey. Mutual respect, Trust, Empowerment, Developing leaders, Create positive & stimulating environment are key driving principles for me.Always curious to learn more, customer centric approach, strategic and out of box thinker, have attention to detail, business acumen & always try to add value to business.Key profile:~ Month End Financials & Profitability Analysis reporting.~ Analysis of Actual performance against Budget & last year actual. Explanation for variations and suggesting actions for improvement.~ Product wise Gross margin/contribution analysis using various variances.~ Overall detailed company Budget & Forecast (Product wise with detailed back up).~ Qtrly and Annual Financial statement preparation (HFM)~ Manage the companies entire banking, finance, and treasury functions.~ Feasibility of Capital Expenditure with various techniques (NPV, IRR method etc.).~ Product pricing, evaluation/impact of various pricing structure and coordinating with pricing survey company. Study of competitor pricing and product feature. ~ Data Analysis to determine the market share movement & distribution trend.~ Working Capital Mgmt, Inventory management, review, control, valuation & Analysis.~ Ongoing cost reduction analyses in all areas of the company. ~ Reviewing the performance of competitors and report on key issues. Proposing actionable items with timelines for improving business metrics.~ Ensuring all Compliance of UAE VAT (FTA), OECD rules, BEPS, Transfer pricing and Economic Substance compliance CbCR rules), GCC taxations (knowledge of taxation in other GCC countries) & JAFZA.~ Making various top management meeting presentations/reports.~ Working experience on SAP & Oracle ERP.~ Preparation of ad-hoc reports required by Management.~ KPIs development in line with company objectives and reporting of result against plan.~ Feasibility study and giving recommendations (new business, project etc.)~ Monitoring Interest rates, forex rates and crude oil prices and assessing impacts. ~ Manage annual audit.~ IFRS compliances and reporting~ Head the implementation of a new ERP, ensuring a smooth transition and adoption.~ Performance management and providing leadership to direct reports.~ Work with IT team to optimize operations and improve business processes.
Assa Abloy Entrance Systems
View- Website:
- assaabloyentrance.com
- Employees:
- 2767
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Regional Finance ManagerAssa Abloy Entrance Systems Mar 2023 - PresentUnited Arab Emirates -
Regional Business ControllerAssa Abloy Entrance Systems Apr 2022 - Feb 2023United Arab Emirates -
Finance ControllerHonda Gulf Fze Jul 2018 - Apr 2022Dubai, United Arab Emirates~ Month end financials & Profitability Analysis Reporting of the Company ( with variance Analysis from Budget).~ Coordination with company's internal Dept. for various data/analysis.~ Gross Margin/contribution analysis by various variances ( Mix variances, Sale price variances, Material Price variances, Usage variance analysis etc including trend analysis).~ Selling & General Administration (SGA) analysis and suggesting actions for reducing SGA.~ Overall detailed Budgeting and Forecasting for the company ( Quarterly & Annually).~ Evaluation of Capital Expenditure/investment Plans with NPV & IRR method.~ Pricing Structure evaluation and analysis of impact of any changes thereon.~ Co-ordinating with survey company for competitor pricing and proposing actions after interpreting and analyzing survey data.~ Data Analysis to determine the market share movement & distribution trend (ND, WD & SISS) in comparison with competitor and highlighting issues to management.~ Financial Evaluation of M&A/inorganic growth opportunities for the company. Provide financial support in the development of strategic and commercial plans of the division (supporting M&A and Competitive Intelligence). Doing regular strategic financial planning for the company.~ Ongoing cost reduction analyses in all areas of the company review the performance of competitors and report on key issues. Proposing actionable items with timelines for improving business metrics.~ Ensuring all Compliance of UAE VAT (FTA), OECD rules (BEPS compliance, Economic Substance compliance CbCR rules), GCC taxations (knowledge of taxation in other GCC countries) & JAFZA.~ Overhead allocation based on costing standard on various category & sub category of products. Extensive knowledge of Activity Based Costing / Drivers.~ System automation and new reports developed for Management reporting.~ Risk management~ KPIs development and reporting of result against plan
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Assistant ManagerMssl Mideast Fze Sep 2012 - Jun 2018Sharjah, United Arab Emirates~ Supervising regular accounting work in ERP.~ Accurate and timely Weekly/Monthly management reporting ( with variance Analysis from Budget/LY ).~ Preparation of consolidated financials ( with 4 subsidiaries ).~ Annual Budget and forecast Preparation (including Cash Flow).~ Quarterly and yearly Group Financial reporting to Head Office. Consolidation package (in Hyperion software) and intercompany reconciliation procedures. Reporting based on IFRS.~ Working capital Management (AR, AP and Inventory).~ Cost control and achievement of target given by top management.~ Setting up of KPIs and reporting result against plan/target.~ Leading ongoing cost reduction activity in all areas of company.~ Taxation compliances ( UAE VAT & OECD rules compliance ).~ Treasury Management and maintaining relationship with Banks (Getting loan at lower interest rates, lower margin on foreign currency conversion transactions and hedging to mitigate financial risk).~ Providing leadership and strategic direction to the company's financial and business related affairs. Supporting management for accounting matters and guiding other functions of the company.~ Audit completion (Internal as well as Statutory) timely and resolving the Auditors queries.~ Developed & implemented standard operating procedures (SOPs) and best practices for all functions based on business as well as operational requirements for the company.~ Engaged in bench-marking studies to establish areas of potential operational improvement. ~ Interpret the company's financial results to management and recommend improvement activities.~ Maintain a documented system of accounting policies and procedures.~ Secretarial work relating to new company set up, Change of director etc.~ Project/new plant set up feasibility analysis and giving recommendations to Management.
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Audit ManagerS. C. Varma & Co. Nov 2011 - Aug 2012Delhi, India~ Performed Internal Audit of multiple clients ( FMCG, Manufacturing and Trading/distribution companies). Suggested and implemented various controls , cost reduction activities and effective procedures/process.~ Statutory Audit of MNCs.~ Taxation compliance ( Direct & Indirect)
Neeraj Kumar Skills
Neeraj Kumar Education Details
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Finance, Accounting And Taxation -
Accounting And Finance
Frequently Asked Questions about Neeraj Kumar
What company does Neeraj Kumar work for?
Neeraj Kumar works for Assa Abloy Entrance Systems
What is Neeraj Kumar's role at the current company?
Neeraj Kumar's current role is Regional Finance Manager | Business Partnering & Enabler | Strategy I Business Process transformation I Power BI I Six Sigma (Green Belt) I Leadership & effective communication.
What is Neeraj Kumar's email address?
Neeraj Kumar's email address is ca****@****hoo.com
What schools did Neeraj Kumar attend?
Neeraj Kumar attended The Institute Of Chartered Accountants Of India, Acca, Ccs (Chaudhary Charan Singh)university.
What skills is Neeraj Kumar known for?
Neeraj Kumar has skills like Profitability Analysis, Presentation Skills, Transfer Pricing, Market Size, Enterprise Resource Planning, Data Analysis, Managerial Finance, Taxation, Competitive Analysis, Team Management, Cost Reduction Management, Variance Analysis From Budget. Financial Statement Preparation.
Who are Neeraj Kumar's colleagues?
Neeraj Kumar's colleagues are Robin Lundström, Tomas Klingvall, Anders Nygren, John Obedience, Omar Santana, Olivia Hertoghe, Jiří Vaněk.
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