Sandeep Kumar Email & Phone Number

United Arab Emirates

United Arab Emirates

 Preparation of consolidated financial statements, analysis of variances with qualitative justifications while keeping a close eye on specified Key Performance Indicators of Jumeirah and Meraas Hotels. Provide strategic financial guidance to senior management to ensure that all business objectives are met. Partner directly with the finance team and corporate FP&A groups to collaborate on metrics, goals, and business reviews. Dive deeply into financial data and become a subject matter expert to provide additional insights. Successfully managed various financial aspects during the pre-opening of Bluewaters Resorts and Marsa Hotels. Review of hotel financial reports from compliance perspective in alignment with conditions relied within HMAs, USALI and IFRS (applicable standards) and to provide required guidance. Perform financial review in respect to the monthly and yearly (budget) targets while monitoring the performance of all hospitality assets under operations.  Preparation and Consolidation of 7 Years Business Plan for Dubai Holding Hospitality portfolio having a net worth of AED 20 billion.  Create presentations that provide insightful analysis, identify required action items, and effectively frame decisions to be made.  Identify and research variances to forecast, budget and prior-year expenses; proactively identifying opportunities for improvement. Coordinate duties related to evaluation of tasks and maintenance of detailed Fixed Asset register for all assets. To perform all duties assigned by the line manager/head of department as per the business requirement.

Dubai, United Arab Emirates

Dubai, United Arab Emirates

Dubai

Emaar Properties is one of the world’s most valuable and admired real estate development companies with proven competencies in Property Development, Hospitality & Leisure, Food & Beverages and Shopping Malls & Retail. Key Responsibilities:  Involved in the development of Audit Universe and Risk Assessment methodology for key business activities. Developed, implemented and managed in-house audit programs to execute the Internal Audit activities across the group, which includes Financial, Operational, Corporate Governance, IT and HR functions.  Performed the internal audit in line with Institute of Internal Auditors (IIA) Standards and prepared detailed report highlighting risk management issues and internal controls deficiencies identified with audit recommendations. Reported the results of audit findings to Audit Committee & Board. Attended meetings with various departments to develop an understanding of business processes; identifying control gaps and weaknesses, researching and assessing how well risk management processes are working. Managed the timely follow-up on the implementation of agreed recommendations.  Conducted investigations on suspected improprieties in a confidential and professional manner. Evaluated financial reports and recommended modifications to operations, budgets and other financial controls. Monitored credit clearance as per company’s credit policy and scrutinize vouchers before payment as per the company’s process & procedures. Monitored and reviewed all documents related to budget & forecast, CAPEX, revenue, expenses, invoice, accounting etc.  Monitored reconciliation for banks, debtors and creditors; analyzed various ledgers and profitability position.

Dubai

Al Mulla Group has diversified business activities which include Hospitality, Food & Beverages, Travel & Tourism, Healthcare, Real Estate and Retail.Key Responsibilities: Implemented the audit programs, questionnaires and audit report templates. Planned and performed the group audit functions to determine the adequacy of the company's system of internal control.  Documented work performed in organized work papers meeting the Audit standards. Prepared reports on results of audits and made recommendations for control and operational improvements to management. Worked with external auditors for the annual financial statement audit. Prepared consolidated financial statements at group level and various MIS reports like fixed assets register, debtors, creditors and inventory reports for the Board of Directors. Involved in leading budgets, planning, forecasting, pricing, negotiations, due diligence and all finance related activities. Manage revenue, cash, collection & purchase accounting, prepare debtor and creditor reconciliation statements and raise debit/ credit notes pertaining to vendors. Prepared the project feasibility reports to study and evaluate various investment opportunities. Monitored the inflow / outflow of funds and recommended adequate measures to ensure optimum utilization of available funds towards accomplishment of objectives. Liaise with banks and financial institutions for raising funds to meet working capital requirements and long term fund requirements; arranging credit facilities in terms of TR, LC, Cheque discounting and Invoice discounting (factoring).

Bengaluru Area, India

 Successfully performed the internal Audit of various clients in Manufacturing, Trading and Banking industries. Prepared and discussed the audit report with auditees to ensure that the audit findings are accepted by the management. Prepared financial and various MIS reports on behalf of various clients. Preparation of Cash Flow Statements, Reconciliation of Bank Statements Accounts Receivable and Accounts Payable and other MIS reports. Forecast cash flow positions, related borrowing needs, and available funds for investment.  Manage the preparation of the company's budget. Report to management on variances from the established budget, and the reasons for those variances. Prepared and recorded asset, liability, revenue, and expenses entries by compiling and analyzing account information. Exposure in passing the closing entries and preparation of Profit and Loss Account, Balance Sheet and Cash Flow Statements. Reconciliation of Bank Accounts, Accounts Receivable and Accounts Payable. Prepared Cash flow and Fund flow on daily and weekly basis to ensure smooth functioning of business. In-depth checking and scrutiny of all kinds of statutory payments. Checking and reviewing compliance of Income Tax Returns, VAT and Service Tax. Internal Audit  Hindustan Aeronautics Ltd. Bharat Earth Movers Ltd. Bharat Sanchar Nigam Ltd. External Audit Reserve bank of India State Bank of India Conducted concurrent audit for various banking and other financial institutions.

Chartered Accountant, Accounting And Finance

Bachelor Of Commerce (B.Com.), Accounting And Finance