I am a qualified Chartered Accountant with over 35 years of experience in the financial and operational management of multi-site and internationally based operations within the resources, property, construction and retail sectors. I have extensive financial management experience working in complex environments, managing large budgets, varying timelines and having full responsibility of accounting systems. I have a demonstrated record and strength in maximising profits through developing innovative cost reduction measures, analysing complex financials to identify inefficiencies and strategic decision making.I have an ability to identify continuous improvement opportunities, negotiating tender bids and costs with financial institutions and third parties. I have the ability to build strong internal and external stakeholder relationships to assist the business in delivering continued growth.
Benedikt Imports (Aust) Pty Ltd
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Financial ControllerBenedikt Imports (Aust) Pty Ltd Jul 2017 - PresentVictoria, Australia• Full responsibility for financial forecasting, strategy, budgeting, reporting and compliance for the main company and four investment companies related to the group. • Monitor and control all stock flow from shipments being cleared by customs and correct duty paid to delivery of stock to the warehouse in a timely manner. • Implementation a new management reporting system to monitor expiry dates and batch numbers on all imported products. This has subsequently reduced wastage and capex while improving the timeliness in reporting. • Implemented a new budget and cash flow system. This was especially necessary during lockdowns with a change in consumer demand and shipment delays. • Negotiated new freight charges and cost control on damaged goods and packaging material which has seen a 15% reduction in annual expenditure. • Implemented weekly and monthly management reports aimed at providing the company transparency and accurate real time data for forecasting and financial analysis.• Monthly analysis presented to the board of directors on ways to improve efficiencies and invoice terms with third parties, areas of concerns such as shipping delays, non-paying clients and cost management.
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Financial ControllerAdept Drainage Pty Ltd Apr 2016 - Jul 2017Victoria, Australia• Responsible for all the financial forecasting, strategy, budgeting, reporting and compliance. • Worked directly with senior management to achieve productivity and growth targets in addition to meeting KPI’s set out by both client and company.• Discussed cost management ideas such as reduction of overtime, variation work approval and efficient ways to utilise equipment with minimal disruption compared to additional hire of equipment. • Implemented a Work in Progress on all projects that were over one month duration.• Implemented and recommended a new tender submission process to ensure all managers were aware of their responsibilities and the outcome of each project. • Assisted in winning contracts with Tier 1 contractors.• Finalisation and lodgement of accounts.
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Financial Controller (Contract)P&W Engineering Services Pty Ltd Sep 2014 - Sep 2015Perth, Western Australia, Australia• Responsibility for all the financial forecasting, strategy, budgeting, reporting and compliance for the company. • Implemented and set up monthly budgets and weekly cash flow reports.• Implemented and recommended a new budget and cash flow system.• Managed and monitored process plant variations.• Delivering project outcomes and process improvement ideas to the CFO and senior management.• Recommended the implementation of a new management reporting system to increase efficiency and productivity (Ostendo) resulting in a quicker turnaround in reporting.• Reduced monthly expenditure by 25% through cost control mechanisms and the implementation of variation control processes to monitor above project costs.• Finalisation and lodgement accounts
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Financial ControllerPressure Dynamics International Pty Ltd Jan 2014 - Jul 2014Perth, Western Australia, Australia• Responsible for the financial forecasting, strategy, budgeting, reporting and compliance for the business.• Developing and implementing cost reductions and cash improvement procedures such as ensuring monthly progressive invoicing on jobs, variations submitted and approved. Negotiated with suppliers on terms and discounts on volume purchases.• Evaluate performance to forecasted indicators and make the necessary adjustments to optimise performance and minimise additional capex. • Analysis on a finished project was presented to the board of directors with evaluation on ways to improve business efficiencies, areas of concern and costs management. • Successful in executing a new reporting system on each projects profitability. • Improved the process of reporting from an old account system to the new ERP system.• Assisted with the process and documentation to gain ISO. -
Finance And Administration ManagerTheiss Services Pty Ltd Apr 2012 - Jul 2013Perth, Australia• Responsible for the financial forecasting, strategy, budgeting, reporting and governance for the business. • Developing and implementing cost reduction and cash improvement procedures such as evaluating each team’s performance and ensuring completed invoices are submitted on time. • Ensure all contract variations are approved and submitted as per contract.• Provide detailed analytical reports on targets for each department and regions in WA. • Evaluate performance to forecasted indicators and then make necessary adjustments to optimise performance and minimise the risk of going over budget. • Instrumental and successful in the negotiations of a new 2-year, AUD 125 million contract with Western Power• Implemented a new reporting system which monitors efficiencies of each team and profitability of each work order that has been completed.
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Group Financial ControllerOtoc Limited Jan 2011 - Mar 2012Perth, Australia• Responsible for the financial forecasting, strategy, budgeting, reporting and compliance for the business. • Identify all financial and compliance risks to the business. Provide analytical and commercially practical analysis to assist the CEO and CFO in strategic decision making.• Accountable for all the project accounting systems and delivery of information to key internal and external stakeholders.• Successful in the tender bid process with BHP, Rio Tinto & Wheatstone in 2010-2011 which saw a 3x increase in turnover. • Implemented a previously non-existent go get and tender review system. • Provided strategic advice to various third parties on the reverse takeover of Emerson Stewart. • Digitised the workplace through systems such as Job Pac and Excel.
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Financial ControllerYarnell Pty Ltd May 2009 - Dec 2010Perth, Australia• Responsible for the financial forecasting, strategy, budgeting, reporting and compliance for the business. • Completed a full detailed budget and forecast reconciliation. Also completed a full audit on all fixed assets on hand after minimal financial systems in place previously. • Renegotiated all insurance and supplier agreements saving 25% on premiums from the previous year.
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Financial ControllerProject Support Services Asia Pty Ltd Dec 2007 - Apr 2009Perth, Australia• Responsible for the financial forecasting, strategy, budgeting, reporting and compliance for the business. • Assisted in setting up and seeking business opportunities for the Kuala Lumpur Office.• Successfully tendered, attained and oversaw the major shutdown for Burrup Fertilisers (Yara). • Administer the financial, purchasing, procurements and contractual arrangements for over 300 contractors/suppliers/sub-contractors.• Assisted in commercial and business discussions with the Government of Malaysia.
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Commercial And Finance ManagerKirfield Ltd Jan 2004 - Nov 2007Perth, Australia• Responsible for the financial forecasting, strategy, budgeting, reporting and compliance for the business. • Collaborated successfully with the management team in negotiations of various projects varying in value of just over AUD 45 million dollars. This included fabrication and site installation on both green and brown field sites. • Instrumental in increasing the company annual turnover by 5 times within 2 years.
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Contract AccountantThe Vines Group Jan 2003 - Dec 2003Perth, Australia
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Financial ControllerAiweldtronics Ltd Apr 2001 - Dec 2002Perth, Australia
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Financial ControllerBradken Jan 1998 - Mar 2001Perth, Australia
Pradip Desai Skills
Pradip Desai Education Details
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Australian Company Law & Australian Taxation Law -
Accounting And Finance
Frequently Asked Questions about Pradip Desai
What company does Pradip Desai work for?
Pradip Desai works for Benedikt Imports (Aust) Pty Ltd
What is Pradip Desai's role at the current company?
Pradip Desai's current role is Financial Controller.
What schools did Pradip Desai attend?
Pradip Desai attended Edith Cowan University, University Of Zimbabwe.
What skills is Pradip Desai known for?
Pradip Desai has skills like Leadership, Tender Submissions, Oil And Gas, Business Strategy, Business Continuity Planning, Team Management, Infrastructure, Microsoft Office, Corporate Governance, Tender Management, Strategic Planning, Operational Efficiency.
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Pradip Desai
Passionate Naval Architect & Design Engineer | Expert In Ship Design & Marine Structures | Proficient In Concept & Preliminary Design |United Arab Emirates -
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