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Nalin Jain Head/VP/GM-Finance/Audit Archirodon Construction Overseas
 
Nalin Jain's Profile
Archirodon Construction Overseas
Nalin Jain
Head/VP/GM-Finance/Audit Archirodon Construction Overseas
confidential
Cairo, Egypt
confidential
Toostep 
Professional summary
Nalin Jain's Experience
Current :

Head/VP/GM-Finance/Audit, Archirodon Construction Overseas

Construction

Working from 2007

Current :

Head/VP/GM-Finance/Audit, Archirodon Construction Overseas

Construction

Working from 2007

Previous :

Commercial Manager, Archirodon Construction (Overseas) Co SA

Worked from 2007 to 2011

Brief summary :

Chartered Accountant with 20 years of post qualification experience in the areas of Finance and Accounts, Project Evaluation and Finance, Receivable / Payable Management / Treasury Management, Budgetary Control and Team Management. Currently associated with Archirodon Construction (Overseas) Co. S.A. in Egypt as Commercial Manager. Proficiency in designing and implementing systems / procedures for project management with proven ability to achieve financial discipline in the organisation. Adept in identifying areas of strengths and weaknesses in the financial function and handling taxation matters entailing Sales Tax, Excise Tax, Income Tax, Work Contract Tax and Company Law and Secretarial Matters. Expertise in monitoring the inflow and outflow of funds and ensuring optimum utilisation of available funds towards the accomplishment of corporate / customer goals. Exceptional relationship building, analytical and negotiation skills with abilities in liaising with banks, financial institutions and regulatory authorities. Archirodon Construction (Overseas) Co. S.A. Commercial Manager, Since Nov.07 to Present (Dealing with Infrastructure development and Construction activities) Role: Overall responsibility for Accounting and Reporting for various geographic locations in accordance with International standards and local laws and regulations; Track and report actual performance to plan and forecast. Timely preparation of financial statements, reports, analysis and MIS information reports for corporate recipients. Also analyse monthly financial statements and metrics. Ensure timely consolidation of branches and subsidiaries, periodic closing and reconciliation. Participate in the deployment of financial and operational justification for capital projects for the plant responsible for the development of all capital expenditure requirements including the completeness, accuracy, and post performance measures. This also includes ROI, NPV and any impairment analysis. Ensuring Inventory accounting module reflects accurate standard records and perpetual inventory records Ensure inventories are recorded in accordance with IFRS and adequate obsolescence reserves are maintained Implement appropriate accounting structure, controls and procedures to better identify and track financial and profitable indicators, cut costs, improve profitability and minimize risks. Provide administration and interpretation of organisation accounting policies applicable to the contract. Assist in month/quarterly and yearly closing process. Approve and review Capital vs. Expenses purchases. Monitor Changes notices for preparation of value addition claims with the clients. Manage and Oversee the Local Tax requirements and also support and manage Tax/Regulatory Audit. Developed Audit plans and evaluated accounting operations. Analyzed and reported information for decision making; brought efficiencies by focusing on business improvement opportunities and control weakness. Audit and maintain internal controls and ensure proper segregation of duties. Drive Budgeting process, Prepare long term business plans and projections and monitor the same. Responsible for direct and direct taxation in various geographic locations of the project

Previous :

S.A. Commercial Manager, Since

Worked from 2007 to 2011

Brief summary :

Since Nov.07 to Present with Archirodon Construction (Overseas) Co. S.A. Commercial Manager (Dealing with Infrastructure development and Construction activities) Role: Overall responsibility for Accounting and Reporting for various geographic locations in accordance with International standards and local laws and regulations; Track and report actual performance to plan and forecast. Timely preparation of financial statements, reports, analysis and MIS information reports for corporate recipients. Also analyse monthly financial statements and metrics. Ensure timely consolidation of branches and subsidiaries, periodic closing and reconciliation. Participate in the deployment of financial and operational justification for capital projects for the plant responsible for the development of all capital expenditure requirements including the completeness, accuracy, and post performance measures. This also includes ROI, NPV and any impairment analysis. Ensuring Inventory accounting module reflects accurate standard records and perpetual inventory records Ensure inventories are recorded in accordance with IFRS and adequate obsolescence reserves are maintained Implement appropriate accounting structure, controls and procedures to better identify and track financial and profitable indicators, cut costs, improve profitability and minimize risks. Provide administration and interpretation of organisation accounting policies applicable to the contract. Assist in month/quaterly and yearly closing process. Approve and review Capital vs. Expenses purchases. Monitor Changes notices for preparation of value addition claims with the clents. Manage and Oversee the Local Tax requirements and also support and manage Tax/Regulatory Audit. Developed Audit plans and evaluated accounting operations. Analyzed and reported information for decision making; Brought efficiencies by focusing on business improvement opportunities and control weakness. Audit and maintain internal controls and ensure proper segregation of duties. Drive Budgeting process, Prepare long term business plans and projections and monitor the same. Responsible for direct and direct taxation in various geographic locations of the project Notable Accomplishments; Effectively managed the quarterly and yearly consolidation and closing process in a time bound manner. Successfully handled Corporate Finance, Treasury and Cash Management with a process of on going review of sources and application of funds, project appraisal, business performance, optimal utilisation of capital expenditure and reduction of operating expenditure. Successfully handled timely submission of financial statements, reports, analysis and MIS information reports to Executive Board at Corporate level for their analysis and decision making. Brought efficiencies by focussing on business improvement opportunities and control weakness. Since Oct06 to Nov07 Lurgi India Co Pvt. Ltd, Delhi Senior Manager- Finance and Controls (The Company deals in Engineering Project Construction and Management Activities) Role: Handling the `Master Data of accounting software which is specially developed according to the requirements of the AS-7. Supervising the process of budget dimensioning based on area, product and function as per the requirement of Local Indian Management and the parent company and simultaneously handling financial controlling based on budgetary parameters Ensuring smooth functioning of the complete management including project financing issues by coordination project teams and the interacting with the customers whenever required. Anticipating the cash flow which is in line with the operation budgets, analysing working capital levels in order to meet the cash commitments and taking necessary actions including negotiation of funding arrangements with financial partners. Estimating the operating results, variance (to plan and prior year) and projected future results Assessing and evaluating the key revenue drivers of the business, establishing key metrics and periodic estimation of revenue for monitoring purpose. Ensuring timely assessment and filing of direct and indirect tax returns in compliance with statutory tax laws and accordingly preparing tax plans; appearing before regulatory tax authorities. Managing all tax matters, keeping abreast with latest developments and ensuring requisite compliance. Handling the working capital majorly for supervising and controlling receivables, inventories, payables, Units cash flows and optimal investment of excess financial resources on short term and long term basis. Administrating the preparation of timely periodical accounting and management reports as per the requirements of parent company and Indian Laws. Notable Accomplishments; Effectively filed tax returns and managed filing of E- returns. Successfully handled foreign exchange and recommended the promoters on various investments and tax issues for the work carried out in India.

Previous :

Delhi Senior Manager, Lurgi India Co Pvt. Ltd

Delhi

Worked from 2006 to 2011

Brief summary :

Since Oct06 Lurgi India Co Pvt. Ltd, Delhi Senior Manager- Finance and Controls (The Company deals in Engineering Project Construction and Management Activities) Role: Handling the `Master Data of accounting software which is specially developed according to the requirements of the AS-7. Supervising the process of budget dimensioning based on area, product and function as per the requirement of Local Indian Management and the parent company and simultaneously handling financial controlling based on budgetary parameters Ensuring smooth functioning of the complete management including project financing issues by coordination project teams and the interacting with the customers whenever required. Anticipating the cash flow which is in line with the operation budgets, analysing working capital levels in order to meet the cash commitments and taking necessary actions including negotiation of funding arrangements with financial partners. Estimating the operating results, variance (to plan and prior year) and projected future results Assessing and evaluating the key revenue drivers of the business, establishing key metrics and periodic estimation of revenue for monitoring purpose. Ensuring timely assessment and filing of direct and indirect tax returns in compliance with statutory tax laws and accordingly preparing tax plans; appearing before regulatory tax authorities. Managing all tax matters, keeping abreast with latest developments and ensuring requisite compliance. Handling the working capital majorly for supervising and controlling receivables, inventories, payables, Units cash flows and optimal investment of excess financial resources on short term and long term basis. Administrating the preparation of timely periodical accounting and management reports as per the requirements of parent company and Indian Laws. Notable Accomplishments; Effectively filed tax returns and managed filing of E- returns. Successfully handled foreign exchange and recommended the promoters on various investments and tax issues for the work carried out in India. Played a vital role in carrying out functions related to Plan execution which includes preparing, finalising and rolling out of the same

Previous :

Econ Engineering Ltd.

Worked from 2001 to 2006

Brief summary :

Played a vital role in carrying out functions related to Plan execution which includes preparing, finalising and rolling out of the same Oct01-Oct06 Econ Engineering Ltd., Delhi Financial Controller (Dealing in Contracting and Construction activities) Role: Handling the process of project accounting and compliance of various contracts. Carrying out common accounting practices through out the sites and with regards to the policy laid down by the company. Ensuring maximum liquidity for daily operational requirements through managing Treasury, Credit Controls and Cash Management. Evaluating periodic appraisal of cost for Project Activities and their contribution; involved in ensuring appropriate employment of Cost and Risk Management techniques. Finalising of audits, capitalising the projects, co-ordinating for audit of accounts, including statutory, internal and tax audit. Liaising with Tax Agencies for Income Tax, Sales Tax Service Tax, Works Contract Tax for the projects, Government bodies on statutory compliance for Employment Laws, Safety, Pollution, Import and third parties. Interfacing with Financial Institutions, Banks and other lenders for working capital, long-term and non-fund facilities on regular basis. Establishing Management Information System for Project Monitoring and Control, Reporting Systems for operational reporting, profitability analysis and periodic management reports. Developing and executing planning and budgeting guidelines and proper financial reporting, records and MIS. Ensuring linkages are established between Forecasts, Project Budgets and year To TILL actual performance. Notable Accomplishments; Significant contribution in integrating accounting and reporting system of all the companies/ entities, through analysing and providing timely quality information, participating in monthly business reviews. Successfully included business specific Capital and Revenue Budgeting, Financial and Internal Control System.

Previous :

Econ Engineering Ltd.

Delhi

Worked from 2001 to 2006

Brief summary :

Oct01-Oct06 Econ Engineering Ltd., Delhi Financial Controller (Dealing in Contracting and Construction activities) Role: Handling the process of project accounting and compliance of various contracts. Carrying out common accounting practices through out the sites and with regards to the policy laid down by the company. Ensuring maximum liquidity for daily operational requirements through managing Treasury, Credit Controls and Cash Management. Evaluating periodic appraisal of cost for Project Activities and their contribution; involved in ensuring appropriate employment of Cost and Risk Management techniques. Finalising of audits, capitalising the projects, co-ordinating for audit of accounts, including statutory, internal and tax audit. Liaising with Tax Agencies for Income Tax, Sales Tax Service Tax, Works Contract Tax for the projects, Government bodies on statutory compliance for Employment Laws, Safety, Pollution, Import and third parties. Interfacing with Financial Institutions, Banks and other lenders for working capital, long-term and non-fund facilities on regular basis. Establishing Management Information System for Project Monitoring and Control, Reporting Systems for operational reporting, profitability analysis and periodic management reports. Developing and executing planning and budgeting guidelines and proper financial reporting, records and MIS. Ensuring linkages are established between Forecasts, Project Budgets and year To TILL actual performance. Notable Accomplishments; Significant contribution in integrating accounting and reporting system of all the companies/ entities, through analysing and providing timely quality information, participating in monthly business reviews. Successfully included business specific Capital and Revenue Budgeting, Financial and Internal Control System. Effectively supervised Country/Office HR and Administrative needs for Indian operations.

Previous :

Administrative, Dewan Aura Sound Ltd.

Worked from 1996 to 2001

Brief summary :

Effectively supervised Country/Office HR and Administrative needs for Indian operations. May96- Sep01 Dewan Aura Sound Ltd., Noida (U.P) Finance Controller (Manufacturers of Sound Systems, Televisions and trading in Computer peripherals) Role: Managing Financial, Accounting, Commercial and Secretarial related activities. Reporting to the Chairman and Managing Director Maintaining and preparing quarterly and annual forecast of order, sales and margins. Ensuring establishment of linkages between Forecasts, Project Budgets and year-date actual performance. Review of issues, challenges and benchmarks with Senior Management. Ensuring the approval of customer accounts and current project budget including delivery plan, implementation plan and implementation cost budget. Monitoring and supervising the provision of funds to various divisions on the basis of vendor outstanding and payment terms. Effective control of expenses, monitoring of expenses. Harmonising with banks for additional capital as required for expansion and working capital activities. Handling the process of preparation of all financial reports, including income statements, balance sheets, reports to shareholders, tax returns and reports for government regulatory agencies, reports related to Sales, Income, Excise Tax, Company Law and Secretarial Matters. Liaising with Sales and Income Tax, Sales Tax and Excise authorities relating to assessment and appealing the cases up to commissioner level. Coordinating with RBI for FEMA/ FERA matters. Supervising the process of purchase planning, implementation of credited policy and negotiation of credit terms with the suppliers. Notable Accomplishments; Resourcefully presented the Directors with regular and appropriate financial reports related to the functioning of various divisions as per the deadlines in order to facilitate timely decisions. Played a vital role in implementing the policy of business focussed credit management for efficient management of debtors and creditors which promoted business growth. Successfully analysed all investment proposals to confirm their long term viability prior to implementation.

Previous :

Dewan Aura Sound Ltd.

Noida

Worked from 1996 to 2001

Brief summary :

May96- Sep01 Dewan Aura Sound Ltd., Noida (U.P) Finance Controller (Manufacturers of Sound Systems, Televisions and trading in Computer peripherals) Role: Managing Financial, Accounting, Commercial and Secretarial related activities. Reporting to the Chairman and Managing Director Maintaining and preparing quarterly and annual forecast of order, sales and margins. Ensuring establishment of linkages between Forecasts, Project Budgets and year-date actual performance. Review of issues, challenges and benchmarks with Senior Management. Ensuring the approval of customer accounts and current project budget including delivery plan, implementation plan and implementation cost budget. Monitoring and supervising the provision of funds to various divisions on the basis of vendor outstanding and payment terms. Effective control of expenses, monitoring of expenses. Harmonising with banks for additional capital as required for expansion and working capital activities. Handling the process of preparation of all financial reports, including income statements, balance sheets, reports to shareholders, tax returns and reports for government regulatory agencies, reports related to Sales, Income, Excise Tax, Company Law and Secretarial Matters. Liaising with Sales and Income Tax, Sales Tax and Excise authorities relating to assessment and appealing the cases up to commissioner level. Coordinating with RBI for FEMA/ FERA matters. Supervising the process of purchase planning, implementation of credited policy and negotiation of credit terms with the suppliers. Notable Accomplishments; Resourcefully presented the Directors with regular and appropriate financial reports related to the functioning of various divisions as per the deadlines in order to facilitate timely decisions. Played a vital role in implementing the policy of business focussed credit management for efficient management of debtors and creditors which promoted business growth. Successfully analysed all investment proposals to confirm their long term viability prior to implementation. Recognised for maintaining cordial relations with the bankers, suppliers and other service providers so that the company is provided with excellent services at all times.

Previous :

Manager, National Information Technologies Ltd.

Worked from 1994 to 1996

Brief summary :

Recognised for maintaining cordial relations with the bankers, suppliers and other service providers so that the company is provided with excellent services at all times. Feb94- Apr 96 National Information Technologies Ltd., Bhopal (MP) Manager (Finance) (An RPG Group Company, manufacturers and Installation of Telecommunication Equipment and Network) Role: Directing all facets of accounting function and ensuring the same are implemented as per the guidelines of the group. Reporting to the President Ensuring supervision and compliance to all applicable laws and regulations including statutory reporting, Dealt with Income Tax up to commissioner and tribunal level, Sales Tax, Excise, Company Law, Employment laws and Secretarial matters. Coordinating with Statutory and Internal Auditors for summarization of audit reports and timely finalisation of accounts. Preparing financial reports on Monthly/Quarterly and Annual basis for Capital and Revenue Budget. Maintaining MIS and Variance Analysis in a timely manner and presenting findings and recommendations for management. Harmonising with financial institutions for sanction of term loan for diversification projects as well as restructuring of interest defaults into term loans. Preparing project report for expansion and new projects that helped in Cost accounting for various projects/ tenders bids, product and process costing, pricing decision and inventory valuation. Notable Accomplishments; Effectively participated in monthly business review and offered directions from Finance perspective Resourcefully prepared and negotiated rehabilitation proposal with Banks, Financial Institutions and State Government Successfully prepared rehabilitation proposal required by BIFR under the SICA and represented the company before the Board. Recognised for timely processing of all financial related documents. Further established and created a culture for controlling costs as per budgetary requirement of the Supervisory Board. Essayed a stellar role in the smooth transition of the company from the State Government to new owners by ensuring compliance of the terms and conditions in the take over.

Previous :

Manager, National Information Technologies Ltd.

Bhopal

Worked from 1994 to 1996

Brief summary :

Feb94- Apr 96 National Information Technologies Ltd., Bhopal (MP) Manager (Finance) (An RPG Group Company, manufacturers and Installation of Telecommunication Equipment and Network) Role: Directing all facets of accounting function and ensuring the same are implemented as per the guidelines of the group. Reporting to the President Ensuring supervision and compliance to all applicable laws and regulations including statutory reporting, Dealt with Income Tax up to commissioner and tribunal level, Sales Tax, Excise, Company Law, Employment laws and Secretarial matters. Coordinating with Statutory and Internal Auditors for summarization of audit reports and timely finalisation of accounts. Preparing financial reports on Monthly/Quarterly and Annual basis for Capital and Revenue Budget. Maintaining MIS and Variance Analysis in a timely manner and presenting findings and recommendations for management. Harmonising with financial institutions for sanction of term loan for diversification projects as well as restructuring of interest defaults into term loans. Preparing project report for expansion and new projects that helped in Cost accounting for various projects/ tenders bids, product and process costing, pricing decision and inventory valuation. Notable Accomplishments; Effectively participated in monthly business review and offered directions from Finance perspective Resourcefully prepared and negotiated rehabilitation proposal with Banks, Financial Institutions and State Government Successfully prepared rehabilitation proposal required by BIFR under the SICA and represented the company before the Board. Recognised for timely processing of all financial related documents. Further established and created a culture for controlling costs as per budgetary requirement of the Supervisory Board. Essayed a stellar role in the smooth transition of the company from the State Government to new owners by ensuring compliance of the terms and conditions in the take over. PREVIOUS EXPERIENCE

Previous :

Dy. Manager, Triveni Handlooms Ltd.

Worked from 1991 to 1994

Brief summary :

PREVIOUS EXPERIENCE Oct91- Feb94 Triveni Handlooms Ltd., Noida (U.P.) Dy. Manager-Finance

Previous :

Dy. Manager, Triveni Handlooms Ltd.

Noida

Worked from 1991 to 1994

Brief summary :

Oct91- Feb94 Triveni Handlooms Ltd., Noida (U.P.) Dy. Manager-Finance (An ITC Group Company, manufactures Garments for Export business)

Previous :

Delhi Sr. Accounts Officer, Birla Yamaha Ltd.

Worked from 1986 to 1991

Brief summary :

(An ITC Group Company, manufactures Garments for Export business) Aug86-Oct91 Birla Yamaha Ltd., Dehra Dun/New Delhi Sr. Accounts Officer (Manufactured Portable Gensets)

Previous :

Delhi Sr. Accounts Officer, Birla Yamaha Ltd.

Delhi

Worked from 1986 to 1991

Brief summary :

Aug86-Oct91 Birla Yamaha Ltd., Dehra Dun/New Delhi Sr. Accounts Officer (Manufactured Portable Gensets) ARTICLESHIP

Previous :

New Delhi. Article Trainee, ARTICLESHIP

Worked from 1980 to 1986

Brief summary :

ARTICLESHIP Jan80-Jul86 S. Prashad and Co., Chartered Accountants, New Delhi. Article Trainee Audit Manager IT Credentials Woking knowledge of : Windows, Accounting Software-Tally, various Microsoft tools.

Previous :

New Delhi. Article Trainee, S Prashad and Co Chartered Accountants Audit Manager

New Delhi.

Worked from 1980 to 1986

Brief summary :

Jan80-Jul86 S. Prashad and Co., Chartered Accountants, New Delhi. Article Trainee Audit Manager IT Credentials Woking knowledge of : Windows, Accounting Software-Tally, various Microsoft tools.

 
 
 
 
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