Manoj Behera

• Accomplished result oriented Finance Head ( Chartered Accountant ) with extensive experience 

of developing and leading financial strategies to facilitate corporate growth plans and profitability of business operations for organizations in UAE, KSA,India

• Provided financial stewardship in areas of budgeting, forecasting, reporting, fund planning, financial analysis, risk management and productivity improvements, MIS reporting. 
• Expertise in handling UAE VAT, Corporate Tax, Statutory Compliance, JAFZA Rules and Regulations, UAE Laws and Procedures
• Hands on experience in handling banking matters involving banking relationship, LC, funds and facility management
• Proficient in fund flow management, supplier management, inventory control, implementing financial controls, streamline financial operations, and minimize risks for group companies 
• Implemented several progressive and cost reduction initiatives and implemented financial programs that contributed to bottom line profitability , driving gross margin improvement
• Adept in handling start up and commercial functions 
• Handling of personal investments of owners (Property/Funds/Equity/Bonds/FD etc.)
• Assisting and advising top management on financial, commercial, banking and investment matters
• Good Exposure to Diversified industries like wholesale of food products, shipchandling, technical items, general trading, manpower supply, warehouse leasing, pharmaceutical products, property rental, import/export, steel trading, steel cut and bend production, road marking contract and material sales, contracting, packaging, FMCG, Electronics, transport division, building material, Wall and Floor Products, spare parts, Industrial Supply and Contracting, External and Internal Audit 

MGT Group -Al Quoz Dubai, Group Finance Manager July 22 to till date.

 

MGT Group operations are spread in UAE, Africa, UK and India.

The group engaged in general trading, contracting, US army /air force support services, projects, man power supply, pharmaceutical trading, property investments, taxi companies in UK etc.

I am entrusted with the Group Finance Manager (reporting to Group Chairman) role to manage, control, monitor, review, report on the groups finance, accounts, audit, local taxation VAT and corporate tax, banking, commercial, personal investments (large portfolio), properties personal and business rental management, new projects, acquisitions, JV etc.

Regularly liaise with customers, bankers both local commercial and large private banks, auditors, insurance co, new project personnel on financial and commercial matters.

Regular monitoring of company and personal assets (Rental Properties, under construction properties for payment and sale at right opportunity, equity purchase/sale, bonds income and price monitoring and exit, FD renewal dates monitoring and reinvestment, FCN purchase and monitoring, structured products evaluating and investment, etc.

Timely reporting of various MIS to management on company and personal investments.

 

 

Eurostar Group, Business Bay, Dubai as Group Finance Manager June 21 till date June 22

The group (9 companies) is engaged in many verticals like Energy saving, Personal care products like blade and other products distribution in Africa, Contracting on street lighting, 5G cable supply to Etisalat, B2B business solutions with Etisalat, Corporate sales to hotel, mall etc and many more trading activities.

Heading the Finance and Accounts Department of the group, managing team of accountants and reporting to Chairman, looking after Budgeting, Forecasting, Banking, Loan Restructuring, LC, BG, Cash Flow, MIS, VAT, External Audit, Software (Orion) and IT Related Matters, Payroll, Joint Venture,all group insurance, meeting and follow up with all stake holders. Restructured bank loans, reduced expenses, IT service, Software change, suggested to change office place and save substantial rent.

 

GEAP Group,Park Jebel Ali,Dubai Sep 2018 to May 21

The group (10 companies) is engaged in production of cut and bend steel, steel trading, food items import and wholesale trading, shipchandling, road marking contracting, having a turnover of over AED 600+ Million

Finance Manager

Reporting to the Managing Director

Major Companies handled - G2 International LLC,GEAP Intl UAE LLC, ,Plastaspray UAE LLC, Geap Foods LLC (Import from Brazil Eurepoe,India, Far East), GulfShipchandlersLLC, Geap Transport

Managing a team of Accountants

Turnover Managed: ~AED 350 Million, Multi Million Banking Facility,No of SKU 6000+ (Food, Technical, Steel n Others)

Software used: Microsoft Dynamics AX and Orion (Oracle)

• Spearheading the Finance and Accounts functions of the major groupcompanies
• Preparation of Financial statements and MIS - weekly, monthly, quarterly
• Preparation of Budget and Forecast
• Review all WIP for contracting, pending deliveryand production data and reconciliation with invoicing 
• Monitoring bank position, maintain all banking relationships, executing online banking transactions
• Trade financial related matters like review, monitoring, preparation, signing of sales LC and purchase LC 
• Driving improvementsin the system (Stock, AR, AP, processes, ERP, reporting)
• Handling VAT for the group, filing monthly and quarterly VAT
• Preparation, review and processing of monthly payroll and related matters for 200+ employees
• Payables management -Processing of supplier, service providers and other payments on time
• Review of receivables and follow up with sales team
• Handling all type of insurance for all group companies
• Train accounting staff on accounting and reporting
• Preparation and finalization of annual financial statements as per IFRS with auditors (KPMG) and ICV auditors
• Inventory management/ reconciliationresolving discrepancy
• Old AR recovery in contracting division by tracing doc and meeting follow up with customers, also tracing,arranging doc as per legal requirement and won legal cases

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

• Solaris International FZE (Jebel Ali) and Akili International General Trading LLC, Dubai Oct 2011 to Aug 2018

The companies are involved in FMCG (Frozen and Chilled) Products Import, Wholesale and Distribution in UAE and Export of Branded Consumer Electronics

General Manager Finance and Commercial 

Reported to the Investor and Managing Director

Managed a team of 30 employees

Companies handled 2, turnover ~AED 120Million

Handled Imports of FMCG products from Netherland, Belgium, Czech Republic, Brazil, UK, Denmark, Egypt, India; export to Libya, Iran, Iraq, Africa

• Managed infrastructure, planning, strategy, sales plan ning, and product planning, market penetration strategy, supplier identification, and negotiation, operation management
• Prepared monthly, quarterly and yearly reports for investors and auditors as per IFRS
• Liaison with bank, customers, auditors, suppliers, contractors
• Recruited and Trained staff on finance, sales and operations
• Led budget, forecast preparation, monitoring, implementation
• Sales plan preparation, monitoring and implementation, import and purchase plan monitoring and execution, cash flow monitoring and control

JV Enterprises FZCO (Jebel Ali) and JV General Trading Enterprises LLC, Dubai Nov 2006 to Sep 2011

Company exports/ re exportsbranded Consumer Electronic Products and other products to customers in Africa

General Manager Finance and Commercial 

Reported to the CEO and Managing Director, Turnover ~AED 80 Million

• Looked after finance, accounts, MIS, Banking, local and international purchasing, local re export, export, sourcing for customers and group companies
• Budget preparation, monitoring and regular follow up to achieve the desired results
• Liaison with all external parties like bank, customers, auditors, suppliers
• Preparation of letter of Credit for import and export transactions 

Walls and Floors ME FZCO (Jebel Ali) and BSH Trading Co LLC, Dubai UAE Apr 2005 to Oct 2006

Company is engaged in import, export and job work projects in UAE of wall and flooring solutions like carpet tiles, wall papers, floor tiles, hardwood and laminate flooring with more than 70 people working in the two companies.

Manager Accounts

Reported to the CEO/Owner Handled 4 people directly and 20 indirectly

Turnover around AED 70 million Software used: In house developed ERP

• Responsible for managing Finance and Accounts department 
• Controlled the finance and accounts department handling bank, cash flow, payroll, working capital management, receivables, payables, stock
• Prepared Import and export Letter of Credit 
• Approved all Sales (Local and Export), managed sales, export, import, stores, and customer service 
• Part of the team which implemented ERP 
• Preparation and finalization of annual financial reports as per IFRS with external auditor 
• -Instrumental in timely collection of receivables, preparation of MIS, Preparation of Export and Import LC, banking related matters

Alaa Industrial Equipment Factory, Dammam, KSA Dec 2001to Dec 2004

Leading industrial supplies company in the Middle East, engaged in trading of various industrial spare parts,supply and job work (contract) of high-quality engineering products and services 

Chief Accountant

Reported to President and General Manager

Headed the finance and accounts department at the Head Office with staff strength of ~200 and turnover of around Saudi Riyal 150 million

• Managed Finance, Accounts, Bank, Inventory, Payroll, Receivable, Audit, Cash flow, of the company and 10 branches

Securipax India Pvt. Ltd. Noida, India Aug 1999 to Oct 2001

Company was involved in manufacturing of corrugated (packaging item) card board boxes, trading and software development 

Manager Accounts

• Managedfinance, accounts, bank, sales tax, income tax, excise, inventory, payroll, receivable of the group 
• Independently developed, maintained and coordinated an effective accounting and financial system and MIS

P.K. Chopra &Co.C.A, (Audit Firm) Delhi India Feb 1998 to Aug 1999

Manager – Audit

• Successfully conducted statutory, internal and inspection audits of leading nationalised banks In India including State Bank of India, Punjab National Bank and Union Bank Of India and public sector enterprises like Air India, IFFCO
• Maintained accounts and filed returns with government authorities for Japanesecompanies representative offices
• Advised clients on tax planning, prepared tax returns and filed on behalf of the clients

SahaniNatrajan&Bahl, C.A. (Audit Firm) Chennai India Feb 1997 to Jan 1998

Sr. Audit ExecutiveConducted statutory, internal audit of big private limited and limited companies (RIL,Tata Cofee etc)

Bora & Bora, C.A. Chennai Sep 1993 to Sep 1996 

Article ship/Training

Core Competencies

§Accounting & Finance § Financial Modeling § IFRS & GAAP § Commercial Functions § Treasury Management § Working Capital Mgmt. § Risk Management § Process Management § Business Operation Management § MIS Reports, Budgeting & Forecasting § Internal Controls § Statutory Compliance § Audits § JAFZA and UAE Rules Compliance § Group Insurance § Taxation including VAT § Import/Export§ICV Audit

Education

Chartered Accountancy - 1997 - The Institute of Chartered Accountants of India

Certified Management Accountant - 2008 - Institute of Management Accountants, New Jersey, USA

B.Com(Hons) 1St Class with Distinction - 1993 - Berhampur University, India

IT Skills: Microsoft Dynamics (AX), Orion, HR works-DLI, SERA (ERP Package), Customized in house ERP software, Oracle, Tally, MS-Office Applications

Holder of UAE Driving License DOB 07.03.73  Address: Dubai, UAE

Chartered Accountant from India

CMA-USA