Sarich Sharma Email & Phone Number

United Arab Emirates

United Arab Emirates

Abu Dhabi, Abu Dhabi, United Arab Emirates

I played a key role in streamlining the financial framework and eliminating accounting inefficiencies by driving strategic financial initiatives and facilitating financial discipline. I have helped the management in implementing crucial financial decisions and implemented major reforms in the system because of which contributed to cost optimization and strengthened systemic efficiencies. During this period, I have been able to improve the existing financial processes by evaluating… Show more I played a key role in streamlining the financial framework and eliminating accounting inefficiencies by driving strategic financial initiatives and facilitating financial discipline. I have helped the management in implementing crucial financial decisions and implemented major reforms in the system because of which contributed to cost optimization and strengthened systemic efficiencies. During this period, I have been able to improve the existing financial processes by evaluating various financial models, mitigating risks, contracts, compliance issues and changes in operations. I have been involved in performing variance analysis, preparing & presenting various reports on monthly financial performance, and efficiently handled the month-end closure activities within the scheduled time from Houston, ensured revenue and costs are captured in correct Cost Centers and General ledger bucket. Apart from this, I supervised the activities of GA Team from Accenture, India on Balance Sheet Reconciliations, and controlled Profit & Loss Exposures. I formulated and submitted the budgets annually for UAE, managed various financial instruments, prepared monthly VAT Returns for all 4 Halliburton entities, and addressed all VAT queries as a focal point. I also assisted in various audits all-round the year- Statutory, Internal & SOX and resolved Adhoc business issues my maintaining effective communication with the support departments. I was involved in commercial bids and played a key role in minimizing risk by running multiple operational/financial scenarios on various bids & financials based on market intelligence. In addition to this, I recommended effective pricing strategy by working with various stakeholders (business development, operations, project management) which helped attain higher margins/increase in market share. Show less

Ras Al-Khaimah, United Arab Emirates

I maintained accuracy and completeness of the general ledger accounts, performed inter-company & bank reconciliations, and analysed the resulting variances. I prepared monthly MIS Reports including Monthly & YTD financial statements, Cash Budgets, CAPEX and ensured timely reporting of organization-wide cash & bank report along with AP & AR summary report to the CFO & Managing Partner.During this period, I addressed the changes in the accounting software efficiently by assisting in… Show more I maintained accuracy and completeness of the general ledger accounts, performed inter-company & bank reconciliations, and analysed the resulting variances. I prepared monthly MIS Reports including Monthly & YTD financial statements, Cash Budgets, CAPEX and ensured timely reporting of organization-wide cash & bank report along with AP & AR summary report to the CFO & Managing Partner.During this period, I addressed the changes in the accounting software efficiently by assisting in developing the Chart of accounts, maintaining a track of the timeframe required for completing the transition at the departmental level, and coordinating meetings with service providers. Apart from this, I consistently met cash requirements for working capital and operating expenses with country managers in Iraq, Oman, Saudi, and Bahrain; also maintained organization-wide payroll for four locations - UAE, Iraq, Oman, Saudi, and Bahrain. Show less

Mumbai Area, India

During this period, I efficiently handled the General Accounting functions including preparation of asset, liability, and capital account ledgers. I was responsible for summarizing current financial status, preparing interim balance sheet, P&L statement, and other reports, and updating Financial Statements. I handled reconciliations efficiently, proactively addressed financial discrepancies and streamlined the financial functioning with my proactive initiatives. By coordinating with the… Show more During this period, I efficiently handled the General Accounting functions including preparation of asset, liability, and capital account ledgers. I was responsible for summarizing current financial status, preparing interim balance sheet, P&L statement, and other reports, and updating Financial Statements. I handled reconciliations efficiently, proactively addressed financial discrepancies and streamlined the financial functioning with my proactive initiatives. By coordinating with the logistics department, I acquired knowledge and exposure regarding raw material requirements & outstanding purchase order to prepare monthly Cash Budgets. I finalized the year-end unaudited financial statements and ensured compliance with the Accounting Standards issued by Accounting Standard Board in India and the Companies Act. With my efficient coordination with the auditors of the company, I ensured smooth conduct of the audits by providing them the necessary documents and papers required for the audit. Show less

Mumbai Area, India

During this period, I assisted the senior partners and the team leader with the entire process of planning and execution of statutory audit. I maintained excellent working relations with all levels of client staff and achieved highest levels of customer satisfaction by analyzing the client’s financial statements, verifying & inspecting accounts receivable, accounts payables and general ledger, advising clients on tax planning and carrying out the audit work smoothly.

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

Junior College, General Accounting & Commerce

High School, Business/Commerce, General