Sathish Varadhan Email & Phone Number

Dubai, Ae

Key Responsibilities:Develop and implement financial strategies that support the company's short-term and long-term objectives.Oversee the preparation of financial statements, reports, budgets, and forecasts to provide accurate and timely financial information to senior management.Monitor and analyze key financial metrics to identify trends, opportunities, and risks, and present findings to the executive team.Manage cash flow, liquidity, and working capital to optimize financial resources and ensure operational efficiency.Lead financial planning and budgeting processes, working closely with department heads to align financial goals with operational priorities.Conduct financial analysis and modeling to support strategic decision-making, investment evaluations, and growth initiatives.Ensure compliance with regulatory requirements, accounting standards, and internal financial policies.Manage relationships with external partners, including banks, auditors, tax advisors, and other financial stakeholders.Provide guidance and mentorship to the finance team, fostering a culture of continuous learning and professional development.Identify opportunities for process improvements, cost savings, and revenue enhancement to drive financial performance.Assess and mitigate financial risks through effective risk management strategies and internal controls.Collaborate with the executive team to evaluate new business opportunities, partnerships, and acquisitions from a financial perspective.Prepare and present financial reports and updates to the board of directors, investors, and other stakeholders.Stay informed about industry trends, economic developments, and market conditions that may impact the company's financial performance.Participate in strategic planning sessions, providing valuable insights and recommendations to support the company's growth and sustainability.

Ajman, Ae

Company Brief:Powertech has been manufacturing for the last 25 years and is considered to be one of the leading manufacturer of Low voltage Panel builders in UAE.Responsibilities:• Spearheaded financial planning, budgeting, and forecasting activities for a multi-million-dollar business unit.• Developed and implemented financial strategies to optimize profitability, reduce costs, and increase revenue.• Conducted financial analysis and provided insights to senior management to support strategic decision-making.• Ensured compliance with regulatory requirements and internal controls.• Implemented financial models and automated processes to increase efficiency and accuracy of financial reporting.• Developed and maintained relationships with key stakeholders, including vendors, customers, and lenders

Al Hamra Free Zone, Ras Al Khaimah, Ae

Funds Management :• Forecast cash flow positions, related borrowing needs, optimal use of funds and minimize idle funds and interest cost.• Ensure operational and capital investment funds requirements.Budgeting:• Preparation of the Organization budget and sourcing of short and long term funds.• Report to management on variances from the established budget, and the reasons for those variances.• Assist management in the formulation of its overall strategic direction.MIS Reporting & Financial Analysis, Cost Control:• Collating, preparing and interpreting reports, project wise profitability statements, budgets, accounts, commentaries and financial statements.• Monthly MIS report including finalisation of Project-wise profitability Statements, Monitoring project costs against budget, client billing and taking steps to bring the report to management and all concerned.• Review and report on key issues to management.• Business Process Improvement, Client Relationship management and payments. • Interpret the company's financial results to management and recommend improvement activities• Engage in ongoing cost reduction analyses in all areas of the company.• Oversee the extension of credit to customers and availing credit with suppliers.• Monitor stock levels and perform inventory reconciliations.• Identification of insurance agencies and negotiation, ensuring optimal insurance cover at minimal costs.• Handling annual audits (internal and external)• Identify, investigate, and analyze potential operational improvement. As appropriate, based on findings make proposal for operational changes (policy, procedures, processes, etc.)Other Responsibilities :• Responsible for verification and processing of monthly payroll through Wages Protection System (WPS).• Maintain banking relationships, suppliers, service providers and other stakeholders.• Preparation of financial and operating reports of its subsidiaries.

Al Hamra Free Zone, Ras Al Khaimah, Ae

Accounting, MIS and Cost control• Preparation of financial and operating reports of the company and its subsidiaries.• Preparation of monthly-consolidated financial reports for management review.• Provide functional supervision to branches and control proper accounting and reporting system be followed.• Determination of funding requirements and sourcing of short and long term funds.• Monitor daily banking utilization vis-à-vis limits.• Liaising with internal and statutory auditors.• Periodical review of trial balances and general ledger, all control A/Cs. (Debtors, Creditors, Employee control, Inventory control account, etc).• Verification of monthly payroll, control over corporate expenses and provisions.• Perform necessary compliance checks to ensure that costs and liabilities are booked in accordance with operating procedures outlined by the company.• Inventory control, asset administration and cost control.

Accounting, MIS and Cost controlProfile:• Preparation and Finalisation of accounts pertaining to Dubai Operations.• Generation of monthly financial report before time schedule for management review.• Co-ordination with bank for bank facilities. Involved in preparation of monthly, quarterly & yearly submission of financial reports to the banks.• Assessing and reporting financial implications to the management pertaining to Health Plus Food Stuff (India) Pvt. Ltd.• Monitoring and co-coordinating production and operations pertaining to its Indian Subsidiary Company.• Interaction and arrangement of Logistics for export market.• Keeping Track Record of Production, Quality Reports and preparation of marketing notes for ISO 22000.• Maintain process control and Re-Order Level of RM & PM • Liaising with internal and statutory auditors.

Chennai, Tamil Nadu, In

Profile:• Recording Receipts and Payments for Southern region of Tamilnadu.• Maintain detail Backup papers substantiating refunds issued to the customers.• Preparation of Receipts and Payments Statement on day-to-day basis.• Follow-up with the Branches with regard to Unaccounted Receipts.• Follow-up with the branches with regard to the refunds sent.• Preparation of Monthly MIS reports.• Preparation of Consolidated MIS Reports of the branches for management review.

Certified Management Accountant, Cost Management, Management Accounts, Variance Analysis, Financial Reporting, Ethics, Risk Management

M.Com, Professional Accounting And Finance

Master Of Business Administration - Mba, Finance And Financial Management Services

Bachelor Of Commerce - Bcom, Accounting And Finance

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