Summary
Overview
Work History
Education
Skills
Affiliations
Accomplishments
Software
Certification
Interests
Work Availability
Timeline

SANTOSH BEELAGI

Senior Finance Manager
DUBAI

Summary

Results-driven Senior Finance Manager experienced in Group wide Treasury, Finance & Accounts, Taxation & Compliance, Fund sourcing, auditing and reporting. Well-versed in managing priorities, producing reports, evaluating department operations and handling month- and year-end closings, working in tight deadlines, Meticulous, conscientious and methodical in approach.

Overview

22
22
years of professional experience
6
6
years of post-secondary education
1
1
Certification
3
3
Languages

Work History

Finance & Accounts Manager

DBMSC Steel FZCO
Dubai
  • Accountable for:
  • Planning & Managing group level treasury operations, cash flows
  • Establishing new relationships with bankers, coordinating with existing bankers and establishing Fund-based and non-fund-based credit facilities
  • Reviewing and complying Bank covenants, Guarantee / LC terms
  • Submission of In-house quarterly FS to bankers on timely basis
  • Suggesting, Supporting & Co-ordinating with CFO & Top Management on group’s strategic matters
  • Managing group funds (short term & long term) for working capital and for Investments
  • Forecasting funds requirements & taking forward cover / hedging against forex losses
  • Managing company’s corporate & owners’ deposits & investments, investment properties, valuation, amortization etc
  • Preparing, analyzing MIS Reports including P&L A/c, Balance Sheet, and Cash Flows on monthly & quarterly basis
  • Managing UAE VAT taxation for entire group (SAP upgrading, monthly returns, documentations, reconsideration of liability, refunds etc.), other statutory returns filing such as UBO, ESR, ICV & D&B etc
  • Managing Corporate taxation for entire group, Understanding on Tax regulation in GCC including Withholding Tax and Income Tax
  • Managing Group Accounts while ensuring compliances with IFRS & dealing with Auditors (EY & KPMG), Ledger verification, Scrutiny of Payment vouchers
  • Checking systems and procedures of the companies are followed and adhered to statutory requirements (of JAFZA, HAFZA, India, Oman)
  • Managing group’s AR, AP, GL transactions with team of 18 people, managing multiple priorities and working under tight deadlines
  • Achievements:
  • Achieved Cost control by substantially reducing interest cost from trust receipts, short term loans and other finance costs
  • Saved substantial custom duties & taxes from re-organizing group
  • Implemented UAE VAT module / matrix in SAP, re-organizing companies' structures, readying basic flow channels, stationeries etc
  • Built a fully interactive Dashboard in SAP with help of SAP consultants.

Senior Finance & Compliance Manager

DBMSC Steel Group
Dubai
03.2011 - Current

Assistant Manager

Sun Technology Integrators Pvt. Ltd
Bangalore
07.2009 - 03.2011
  • Ensured overall compliances with the statutory matters
  • Handled VAT and Service tax matters (up to appellate tribunal levels)
  • Carried out analysis of profits, cost of sales, customers for profit/loss & deferred income
  • Handled Invoicing, analyzing, and booking cost of sales
  • Preparing a variety of financial and operational internal status reports, variance analysis reports, budgets, cost of sales, booking of revenue, etc
  • Responsible for month end closures & MIS and overall financial control in the company
  • Ensured billing based on the milestone achieved/deliverable
  • Formulated variety of financial and operational internal status reports, variance analysis reports, budgets, cost of sales, booking of revenue, etc
  • Accomplishments:
  • Resolved issues related to STPI reporting, compliances, and related Income tax & service tax matters
  • Implemented system for timely MIS to be sent to HO in GA, USA

Deputy Finance Manager

PACNET India
Bangalore
05.2008 - 07.2009
  • Handled month end closures and MIS reporting
  • Handled all Indirect Taxation (VAT & ST) matters/filing of returns/appeals
  • Steered SAP Fico ERP implementation in Singapore for office of India
  • Served as In-Charge of Finance Dept
  • And Taxation
  • Served as Country Business Process Lead for implementing SAP
  • Reporting to Country Manager/Regional CFO (Australia)
  • Responsible for conducting analysis of profits, cost of sales, customers for profit/loss and deferred income
  • Formulated a variety of financial and operational internal status reports, variance analysis reports, budgets, cost of sales, booking of revenue, etc
  • Accomplishments:
  • Successfully set up efficient recording & reporting tools in accounts, implemented various excel tools for MIS
  • Efficiently addressed long pending service tax dispute with
  • Commissioner of service tax, Mumbai, got good appreciation from HO
  • Achieved successful implementation of SAP ERP for India branch company, played a roll of Country Business Process Lead (CBPL) in Singapore

Senior Officer

Sun Technology Integrators Pvt. Ltd
Bangalore
05.2007 - 04.2008

Senior Auditor

S S Javali & Associates
Bangalore
08.2001 - 04.2007

Education

Chartered Accountant (FCA) - Finance, Accounts

04.2003 - 05.2008

Taxation - undefined

Institute of Chartered Accountants of India, New, Delhi

Master of Commerce - Commerce, Banking, Finance

Karnataka University
04.2003 - 05.2001

Bachelor of Commerce - Commerce, Accounts, Taxation, Math

Karnataka University
05.1995 - 05.1998

UAE Corporate Law Training - undefined

ICAI Dubai Chapter - undefined

Advanced Excel Training - undefined

Amity University Dubai

UAE VAT training - undefined

Skills

Skills & Strengthsundefined

Affiliations

Fellow Member of Institute of Chartered Accountants of India Extracurricular Activities Served as a member of South Indian CA Students Association (SICASA) for the years 2004 -2005 and 2006 - 2007 Functioned as Treasurer of South Indian CA Students Association (SICASA) for the year 2005 -2006 .

Accomplishments

  • Achieved [Result] through effectively helping with [Task].
  • Achieved [Result] by introducing [Software] for [Type] tasks.
  • Achieved [Result] by completing [Task] with accuracy and efficiency.
  • Supervised team of [Number] staff members.
  • Documented and resolved [Issue] which led to [Results].
  • Collaborated with team of [Number] in the development of [Project name].
  • Used Microsoft Excel to develop inventory tracking spreadsheets.
  • Resolved product issue through consumer testing.

Software

SAP

Advanced Excel

Certification

Chartered Accounant

Interests

Reading

Work Availability

monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline

Senior Finance & Compliance Manager - DBMSC Steel Group
03.2011 - Current
Assistant Manager - Sun Technology Integrators Pvt. Ltd
07.2009 - 03.2011
Deputy Finance Manager - PACNET India
05.2008 - 07.2009
Senior Officer - Sun Technology Integrators Pvt. Ltd
05.2007 - 04.2008
- Chartered Accountant (FCA), Finance, Accounts
04.2003 - 05.2008
Karnataka University - Master of Commerce, Commerce, Banking, Finance
04.2003 - 05.2001
Senior Auditor - S S Javali & Associates
08.2001 - 04.2007
Karnataka University - Bachelor of Commerce, Commerce, Accounts, Taxation, Math
05.1995 - 05.1998
Finance & Accounts Manager - DBMSC Steel FZCO
Institute of Chartered Accountants of India - Taxation,
- UAE Corporate Law Training,
- ICAI Dubai Chapter,
Amity University Dubai - Advanced Excel Training,
- UAE VAT training,

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SANTOSH BEELAGISenior Finance Manager