Gaurav Arora

• Lead month end closing, balance sheet reviews, hard close reviews
• Managing and supervising the P2P, R2R, GL reconciliation, Inter Company functions
• Lead for NWC Management including actual / forecast / plan, highlighting risks & opportunities & actions to structurally change
• Fixed Cost Management including Actual, Forecast & Plan Reporting
• Identify risks & opportunities & actions to bridge any gaps
• Supervising the Treasury function of the and identifying hedging opportunities
• Assessment of yearly Internal Control Framework (RFCF)
• Managing the VAT functions, ensuring 100% compliance to VAT laws, reconciliations, filing of returns in a timely manner
• Managing Internal & External Auditors
• Manage year end consolidation & statutory financial statements
• Achievements: Setting up for all accounting process and group policies for new legal entity

• Lead and streamlined the monthly end closing and reporting process, reducing the time required for preparation by 30%.
• Prepare monthly, quarterly, and annual financial statements in compliance with IFRS.
• Assisted in the submission of annual Budget, monthly financial results, forecasts, and complete reporting to senior management.
• Responsibility of managing corporate governance & internal controls and ensuring no defaults.
• Managed VAT and excise regulatory compliance for the UAE and provided support for KSA requirements.
• Leading the monthly balance Sheet review process and ensuring closure of historical issues.
• Responsible for delivering cash flow and management of working capital for maintaining liquidity
  into business and liaison with promoter’s office for funding.
• Executed IFRS 16 implementation specifically for the hospitality sector.
• Lead implementation of finance related IT projects.
• Improved liquidity by AED 5M through the optimization of the labor guarantee claim process.

• Managing the Finance Control function for Oil & Gas business of Group.
• Preparation of consolidated financial statements in compliance with IFRS.
• Preparation of OECD country by country reporting for the whole E&P business and supporting the MBH group for completion of the report on time.

• Leading the implantation of IFRS for the company.
• Prepare monthly P&L MIS and analysis against forecast & plan.
• Preparation of consolidated financial statements of the company on monthly, quarterly and annual basis.
• Conducting balance sheet review on monthly, quarterly and annual basis and
  preparation of variance analysis movements to the top management.

Onsite migration of financial control role from Scotland & FP&A role from London to India.
• Ensure accounting and reporting for Private Banking as per principle laid down by IFRS, and various banking regulation (FINREP & Bank of England reporting).
• Prepare monthly board packs which includes MOM/ YTD variance analysis (B/S, P&L).
• Hyperion-Reporting i.e. preparing supplementary data packs which eventually assist in statutory reporting.
• Active participation in the system up gradations and implementing new reporting
requirements, part of HFM implementation, R3 release UAT testing, Change control and SDPs
workshops.
• Lead finance related IT projects for the shared services.