Subhash Chaurasia Email & Phone Number

Dubai, Ae

Dubai, Ae

Dubai, United Arab Emirates

•Oversee legal and regulatory compliance frameworks such as Ultimate Beneficial Ownership (UBO), review legal contracts to minimise risk, and manage corporate insurance policies to ensure optimal coverage.•Manage taxation compliance, including successful implementation of VAT and Corporate Income Tax (CIT) across group companies, filing tax returns for Oman and Egypt, and providing strategic tax planning and advisory services for operations in Germany and the UK•Standardise and consolidate financial processes, policies, and reporting structures across multinational group companies, ensuring robust internal controls and alignment with international financial reporting standards•Banking and Finance: Managing Banking fund raising for the new ventures, cash flow planning, funds allocation at Group level.•Collaborate with operations teams to deliver ad hoc and routine financial reports, identifying pain points, and providing strategic recommendations to address business challenges and drive growthKey Achievements•Achieved substantial cost savings by securing cost-effective financing for new ventures, optimising working capital charges, and reducing foreign exchange costs, including a 75% reduction in FX spreads for buying EUR, resulting in significant savings•Secured cost-effective term financing for new construction projects, leveraging reasonable collateral arrangements and achieving long repayment schedules•Implemented segmented reporting systems, providing detailed business insights and driving enhanced profitability.•Successfully restructured financial accounting and reporting, dividing a single legal entity into three distinct entities to ensure compliance with corporate taxation and local regulatory requirements•Introduced vast changes in the organisation structure, real estate holdings etc. with exceptional propositions to comply with CT making substantial savings in CT.

Dubai, United Arab Emirates

•Led the monthly and annual financial close processes, establishing accounting policies and procedures while reviewing and implementing process and system improvements to enhance operational efficiency in this completely new set-up company.•Managed and participated in regular Board meetings, including the preparation and documentation of Minutes of Meetings, ensuring accurate and timely communication of decisions and actions.•Designed and implemented comprehensive systems and procedures for accounts, procurement, stores, HR, administration, and reporting, establishing a robust operational foundation for a newly launched company.Key Achievements•Spearheaded management reporting, banking, and finance functions, achieving nearly 20% savings in finance costs by negotiating reduced charges, securing better foreign currency rates, and adopting innovative financing solutions.•Facilitated a strategic organisational split by preparing and delivering unconventional ad hoc reports that provided detailed insights into business activities, cost, and revenue allocations, turning the company into profitability.

•Managed centralised finance, banking, and foreign exchange operations, effectively overseeing cash flow requirements for subsidiaries and ensuring optimal fund utilisation across group companies.•Collaborated with all organisational levels to develop dynamic financial reporting templates tailored to unit and group-level requirements, delivering accurate month-end budgets, financial reports, and internal management reporting.•Designed and implemented streamlined financial processes that enhanced reporting efficiency and accuracy, supporting informed decision-making across the organisation.Key Achievements•Delivered a 40% reduction in interest costs by implementing cash pooling across organisational bank balances.•Achieved an additional 5% savings in interest costs by streamlining disbursements to group companies through online banking oversight.•Optimised cash flow by reducing working capital requirements by 25%, resulting in significant interest cost savings through enhanced monitoring and control of accounts receivable and payable at the unit level.

Dubai, United Arab Emirates

Mumbai, Maharashtra, India

Mumbai, Maharashtra, India

Certified Management Accountant (Cma), Finance And Accounts

Company Secretary - Intermediate, Stock Exchange And Government Reporting To Meet Legal Requirements, For Companies

Bachelor Of General Laws, Legal

Certified Management Accountant (Cma), Finance, Accounts & Costing

Bachelor Of Commerce - Bcom