Ashish Bumra

• Key Result Areas:
• Designed and modified reporting procedures and controls to inform business development and growth.
• Assuring financial reporting compliances with IFRS and local laws.
• Analyzed financial statements against forecasts to prepare high-level variance analysis.
• Automation & transformation of finance manual activities.
• Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
• Coordinated and studied financial audits to provide recommendations for procedural improvements.
• Controlled accounting operations and oversaw transactions related to payroll, financial reporting, payables and receivables.

• Created organizational structures to improve accounting and finance functions.
• Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
• Analyzing and controlling receivables/payables from internal and external Logistic partners.
• Assuring financial reporting complies with IFRS, company policies and Statutory Laws of KSA.
• Reviewing and controlling receivables and ensuring its collection on time from external Logistics partner
• Give management bird eye view of receivables and payables with Ageing.
• Leading and training staff towards the accomplishment of objectives and goal sent by the management.

• Key Result Areas:
• Executed vendor setup and payment, administration of bank accounts and account reconciliations.
• Created organizational structures to improve accounting and finance functions.
• Implemented new ERP systems based on accounting requirements and user needs, assisting with system builds, testing and deliverables.
• Completed filings and upheld strict compliance with regulatory agencies and supervisors.
• Provided expert advice on budgeting processes to organizations, effectively initiating revenue increases and bolstering business opportunities.
• Generated financial and operational reports to assist management with business strategy.
• Prepared internal and regulatory financial reports, balance sheets and income statements.

• Key Result Areas:
• Directed the entire modelling, planning and execution of all financial processes
• Devised short & long-term financial strategies to augment the profit & business
• Prepared financial statements in compliance with IFRS
• Liaised with external and internal auditors; managed the end-to-end forecasting, budgeting, and evaluation of variances
• Set KPIs & analysed trends for revenue and business growth
• Prepared MIS reports for stakeholders; finalized and consolidated the financial statements
• Implemented internal controls; deployed advanced cost control mechanisms & increased the profitability.

· Successfully recovered the money which was refunded to the customers because of technical glitch in the system which contributed towards the savings of 72,000 USD.

· Conducted analysis on logistics partner which resulted in saving of 357,000 USD.

· Completed 3-way match of revenue & saved 28,000 USD by identifying the unnecessary charges of payment gateways and bank.

• Researched and facilitated software integration to streamline accounting and financial processes.
• Evaluated project applications and verified with outline specifications to approve, reject and recommend adjustments.
• Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
• Reviewed operating budgets periodically to analyze trends affecting budget needs.
• Analyzed revenues, expenditures and cash management.

• Reconciled tax accounts to prevent discrepancies and maintain readiness for expected tax liabilities.
• Assisted businesses with provisions, international tax issues, multi-state issues to comply with tax regulations and reduce audits.
• Prepared accurate quarterly and yearly tax filings for businesses.
• Reviewed financial reports to correctly ascertain taxation and statement requirements.
• Prepared tax returns, extensions, tax planning calculations, and write-ups for organizations and entities.