Financial Accounts, Management Accounts, Imports, Cash Flow, MIS & Budgeting, Taxation, Audit, IT

Key Result Areas include Financial Accounts, Management Accounts, Costing, MIS & Budgeting, Financial (Treasury), Commercial, Taxation, Statutory Audit, Revenue Authority Tax Audit, Company Secretarial & Legal Matters, IT and Personnel & Administration Departments.Raised over US$5 million from the banks for various projects within couple of years. Actively involved in dialogues with equity investors for restructuring of share capital within the group.

Key Result areas (KRA’s) include:Controlling and monitoring the accounting & finance functions for two companies Raiply Malawi Limited & Raiply (EPZ) Limited.Managing Cash flows for the company and arranging for funds through bank finance.Set up the entire accounting systems in the co. relating to Inventory, Cash & Bank transactions, Codification of Accounts and to design and prepare MIS reports on a monthly basis for management decision making. Prepare annual budgets and comparing with actual results and reporting the variance to the Board of Directors.Prepare annual accounts and liaison with external/internal auditors to ensure timely completion of audit & to file annual income tax returns of the company.Statutory obligations & compliances with regard to PAYE monthly/annual tax returns.Controlling and monitoring costs and actively involved in cost reduction measures in co-ordination with operations departments.AchievementsDirectly involved in incorporation of a new company Raiply (EPZ) Limited to set up a new factory for producing Medium Density Fibre Boards. Responsible for getting all licenses and permits done, all tax registrations including preparation of feasibility reports and cash flow projection submission to the bank and successfully arranged a term loan finance of US$6 million from the bank for the new project. Besides medium/long term loan financing also raised various finance facilities for Vehicle & Asset Financing (VAF) over US$2 million for the group.Actively involved with close liaison with the systems department in successful installation of SERA (ERP) software package in two manufacturing units and 3 depots across the country.

Key Result areas (KRA’s) include:Controlling and monitoring the accounting & finance functions during refurbishment and operations of the hotel.Compilation of Accounts & Finance manual for the unit to implement operational procedures of the accounts & finance functions of the hotel.Implementing Budgetary Control system at the unit level and to work as convener for the unit budget committee Prepare annual budget for the unit to set out the detailed plan & programme of the projected activity, productivity & profitability.Finalisation of annual Accounts for the audit.Responsible for Statutory Tax Matters and annual tax returns.Achievements• Developed Accounts & Finance Manual for the hotel.

Employed as Accounts/Finance Head with Mercury Car Rental Ltd., an Indian joint venture of AVIS Europe & East India Hotels Ltd. (popularly known as Oberoi’s Group of Hotels in India)

Key result Areas (KRA’s)Daily, Weekly & Monthly MIS reports and budget variance reports.Cash flow, Working Capital Management & capital budgeting.Implementation of Budgetary control system and preparation of annual budget of the resortsLiaison with external/ internal auditors. Compliance of all statutory payments & returns viz; Sales Tax, Luxury Tax, Service Tax, Income Tax, Employees’ Provident Funds & Excise returns.Periodical verification of Inventories and Inventory Control through ABC analysis.Liaison with all Government departments for all statutory matters.