Kumaravel Nadar
Dubai
Summary
- Expertise in Finance functions, including Strategic Planning, Finance & Accounts, Analysis, Treasury, Commercial Operations, Budgeting, and Statutory Compliance.
- Proven track record in implementing financial procedures, maintaining accounts, working capital management, and building internal financial controls.
- Familiar with IAS, IFRS, GCC VAT, and Corporate Tax.
- Skilled in developing financial policies for effective fund management.
- Strong qualifications in general management, business planning, analysis, systems implementation, and staff development
Overview
33
33
years of professional experience
Work History
Accounts Manager
St. John College of Engineering and Management
Palghar
06.2021 - Current
- Overseeing financial & budgetary planning, forecasting, performing cashflow analysis and preparation & analysis of financial statements, budgets, and funds management, conducting variance analysis and building internal financial controls
- Compliance towards monthly GST e-filing, TDS, & other tax matters with Tax department
- Accounting of all expenses and revenues on timely manner to provide the General Manager with true & fair view of financials
- Consolidation of 12 group institutions for yearly Audit and quarterly MIS reporting
- Finalization of accounts for commercial activities of the group (around 15 small commercial activities)
- Coordinating in complete planning & management activities for ensuring completion of internal, statutory, tax audits and tax returns accurately and within time
- Timely disbursement of Salary for all the 12 Institutes and 15 Commercial activities
- Co-ordinating with bankers for timely renewal of banking facilities
- Follow up with individual institutes for collection of fees on timely basis from students
- Monitoring of working capital to optimum utilization of banking facilities
- Providing academician with data for NAAC / NBA inspections
- System Improvement by implementing centralised payment for all institutes
- Individual Institutes wise Weekly collection report to management.
Chief Financial Officer
Shater Abbas Group
Qatar
04.2019 - 11.2021
- Performing the key role of validating business plans & commercial strategies for maximizing profitability & revenue generation in line with corporate goals
- Overseeing financial & budgetary planning, forecasting, performing cashflow analysis and preparation & analysis of financial statements, budgets, and funds management, conducting variance analysis and building internal financial controls
- Presenting a true and fair view of the financial position of the company by way of timely preparation of monthly and annual reports ensuring analysing the expenditure on a monthly basis to control expenses
- Evaluating the commercial viability of a concessionaire & participating in finalization of contracts with concessionaries and authorize all their bills
- Liaising and negotiating with banks for raising fund and non-fund based facilities to finance working capital requirements from time to time
- Formulating budgets and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions.
Assistant Manager Accounts
Larsen & Toubro Limited
Abu Dhabi
07.2004 - 08.2012
- Head of shared service centre at Abu Dhabi comprising of around 20 projects under my control
- Manage general accounting and accounts payable operations, sub contractor bill booking, cash & bank bookings, client invoicing updation & Time office system for workmen’s at site
- Supervise, train, motivate, evaluate, and coach subordinate associates
- Ensure that all deadlines are met by general accounting and accounts payable associates
- Monitor that all internal statements, month end books, reconciliations, external reporting are completed and filed accurately and timely
- Develop complex reports and analyses using database and other tools as requested by management
- Study and evaluate accounting operations and participate in streamlining efficiencies through programming and collaboration with other Majestic associates
- Implement and maintain systems of internal control
- Coordinate with bankers for obtaining the necessary credit limits for new projects, such as LC limit, Advance BG, Performance BG & other financial BG’s
- Involved in Budget preparation for back office departments and having control over the budget and actual and analyzing the variances & doing needful for bringing the actual under budget
- Making use of available funds to the optimum use and keep the working capital under the budgeted figures
- Special projects as requested by management.
Accountant
Mustafa Sultan Enterprises
10.1997 - 06.2002
- Develop, monitor, and review accurate and timely financial statement presentation
- Prepare forecasts, trends, analyses, budgets, and/or variance reports
- Manage tax, audit, and other compliance related practices and tasks
- Oversee the preparation and review of all audit schedules and serve as the primary contact for all audit activities
- Establishing Letter of Credits and amendments to the same if any
- Raising of Commercial Invoices with related to Letter of Credit
- To handle different types of Guarantees like Tender Bond, Performance Bond, Advance Payment Bond, Maintenance Bond, Payment Guarantee etc
- Preparing monthly LC & Guarantee outstanding reports and maintaining Central Liabilities
- Co-ordination with suppliers (local & outstation) related to Letter of Credit
- Maintaining Ageing Analysis of Accounts Receivables & follow up with sales person for timely collection of due payments dealers.
Branch Accountant
Thomson Consumer Electronics Limited
06.1995 - 09.1997
- Day to day accounting works such as sales, purchases, cash book, ledger, etc
- Providing the management with monthly/weekly MIS reports with deadline, report such as debtors/creditors analysis, trend analysis, product analysis, etc
- Representing on behalf of company to the auditors
- Looking after branch level admin
- Secretarial works
- Coordinating with sales team for various sales related reports
- Coordinating with branch level accountants & getting all MIS reports on monthly basis & compiling it for Zonal level presentations
- Banking works, Bank reconciliations & dealing with Govt
- Authorities.
Branch Accountant
Jumbo Electronics Co. LLC
06.1993 - 05.1995
- Taking care of credit control for Abu Dhabi region dealers and institutional customers
- Order processing after due checking of credit limit and outstanding ageing of the dealer
- Monthly Audit at showrooms towards material availability and cash transactions
- Daily cash collection reconciliation with showroom and deposit at bank
- Getting necessary approvals from sales manager and directors for any amendment in credit limit approvals
- Handling Petty Cash
- Providing sales team with age wise receivables on weekly basis and flow up with the sales person for timely collection of payments
- Timely discounting of post dated cheques and making the fund available for HQ
- Preparing Quotations, Raising Invoices and Delivery Notes
- Preparing Monthly expense statement and checking the same against monthly budget and analyzing the data for variances
- Drafting of Business letters and Self Correspondence.
Accounts Assistant
Leela Scottish Lace Limited
06.1991 - 05.1993
- Day to day accounting works such as sales, purchases, cash book, ledger, etc
- Looking after secretarial works
- Coordinating with sales team for various sales related reports
- Banking works, Bank reconciliations & dealing with Govt
- Authorities
- Coordinating with manufacturing units for timely disbursement of wages and other workmen related payments.
Education
ACCA - Finalist -
The Association of Chartered Certified Accountants
12.2024
Certified Management Accountant in Management Accountant -
Institute of Management Accountant - USA
12.2011
AICWA in Costing & Management Accounts -
The Institute Of Cost Accountants Of India
07.2011
Bachelor of Commerce (B.Com.) in Accounting and Auditing -
L.S. Raheja College - Santacruz Mumbai
12.1991
Skills
- Tax
- Financial Planning
- Cash Flow
- Budget Review
- AP and AR Management
- Invoicing
- Payroll Management
- Inventory Auditing
- Account Reconciliation
- Account Management
- Revenue Analysis
- Payment Collection
- Collections
- Budget Management
- Financial Reports
- Excellent Communication Skills
- Strategic Planning
- Internal Auditing
- Performance Evaluations
- Staff Management
Social Links
LinkedIn, www.linkedin.com/in/cma-kumaravel-nadar-61b6203b
Job Title
Finance & Accounts Manager
Last Name
Nadar
Timeline
Accounts Manager
St. John College of Engineering and Management
06.2021 - Current
Chief Financial Officer
Shater Abbas Group
04.2019 - 11.2021
Assistant Manager Accounts
Larsen & Toubro Limited
07.2004 - 08.2012
Accountant
Mustafa Sultan Enterprises
10.1997 - 06.2002
Branch Accountant
Thomson Consumer Electronics Limited
06.1995 - 09.1997
Branch Accountant
Jumbo Electronics Co. LLC
06.1993 - 05.1995
Accounts Assistant
Leela Scottish Lace Limited
06.1991 - 05.1993
ACCA - Finalist -
The Association of Chartered Certified Accountants
Certified Management Accountant in Management Accountant -
Institute of Management Accountant - USA
AICWA in Costing & Management Accounts -
The Institute Of Cost Accountants Of India
Bachelor of Commerce (B.Com.) in Accounting and Auditing -
L.S. Raheja College - Santacruz Mumbai
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