Summary
Overview
Work History
Education
Skills
Languages
Timeline
Generic
Prakash Jayavelu

Prakash Jayavelu

Dubai

Summary

Qualified Chartered Accountant (FCA) and Cost Accountant (AICWA) with 15+ years of work experience at Senior management level in Gulf countries (UAE & Oman)

Overview

27
27
years of professional experience

Work History

Group Finance Manager

NEW INDIAN MODEL SCHOOL GROUP
11.2022 - Current
  • Heading & handling the entire Finance & Accounting functions of the well reputed Group of Educational Institutions consists of 20 companies under the Group, which includes various sectors of businesses namely Trading, Manufacturing, Transportation, Services, Hospitality, IT
  • Designing & implementing proper Accounting & Financial systems & procedures
  • Corporate Restructuring
  • Regularization of Intercompany Transactions
  • Consolidation of Accounts
  • Financial Planning & Analysis
  • Treasury Management
  • Statutory Compliances including VAT, Corporate Tax, Labour (WPS)
  • Preparation of Financial Statements in compliance with IFRS
  • Presentation of MIS Reports for Executive leadership and Stakeholders
  • Budgeting & Variance Analysis
  • Managing Relationships with Auditors, Regulators, Banks & Investors
  • Mentoring and leading finance team members, fostering a culture of accountability & performance
  • Identifying and mitigating the financial risks

Director

JV Thomson Chartered Accountants
05.2019 - 11.2022
  • Company Overview: Professional Services to various clients located in UAE, Oman & India
  • Professional Services to various clients located in UAE, Oman & India
  • Internal Audits
  • Statutory Audits
  • Duediligence Audits
  • Statutory compliances like VAT filing, Corporate Tax filing
  • Transfer pricing
  • Financial Services
  • Advisory
  • Professional Services to various clients located in UAE, Oman & India

Senior Manager - Finance & Accounts

Agnice Contracting LLC
04.2016 - 05.2019
  • Company Overview: Heading Finance & Accounting functions of the long standing & well reputed Construction company in UAE, Oman & India. The activities include Civil, MEP & Fire Protection
  • Heading Finance & Accounting functions of the long standing & well reputed Construction company in UAE, Oman & India. The activities include Civil, MEP & Fire Protection
  • Independently arranged both Funded & NonFunded Bank facilities as per company's requirement from five reputed local Banks in UAE namely Abu Dhabi Commercial Bank (ADCB), Commercial Bank of Dubai (CBD), National Bank of Fujairah (NBF), Mashreq Bank and Al Masraf
  • Project management by monitoring the progress & its profitability on a regular basis
  • Cash flow management
  • Vendor management
  • Heading Finance & Accounting functions of the long standing & well reputed Construction company in UAE, Oman & India. The activities include Civil, MEP & Fire Protection

Senior Manager - Finance

Larsen & Toubro Ltd
05.2012 - 02.2016
  • Company Overview: Handling Finance & Treasury functions of one of the divisions of the topmost Construction company in the region
  • Handling Finance & Treasury functions of one of the divisions of the topmost Construction company in the region
  • Financial planning by tracking the progress of all the Projects throughout India
  • Raising of Invoices on time
  • Pooling of funds from all the projects
  • Allocation of available resources as per Project's requirement
  • Handling Finance & Treasury functions of one of the divisions of the topmost Construction company in the region

Finance Manager cum Compliance Officer

National Life & General Insurance Co SAOC
08.2007 - 03.2012
  • Company Overview: Heading the Finance & Accounting functions of the leading Life Insurance company
  • Heading the Finance & Accounting functions of the leading Life Insurance company
  • Handled the additional responsibilities as 'Compliance Officer' to ensure the compliance of Corporate Governance & legal activities of the company
  • As 'Company Secretary', organized & conducted the Executive Committee, Audit Committee, Board & Annual General Meetings of the company
  • Did the Due diligence of starting 'General Insurance' business and made it as an independent profitable division within a span of two years
  • During my tenure of service, I had an opportunity to work together with the Big4 audit firms, which includes E&Y, Deloitte, KPMG, Moore Stephens, Price Waterhouse Coopers
  • Heading the Finance & Accounting functions of the leading Life Insurance company

Manager - Finance & Accounts

K R Agro Services Private Limited
08.1998 - 08.2007
  • Heading & handling the entire Finance & Accounting functions of the company
  • Accounting
  • Finalization of Accounts
  • Statutory Audit
  • Filing of statutory returns
  • Banking
  • MIS Report with variance analysis

Education

CA - Chartered Accountancy -

The Institute of Chartered Accountants of India
01.1996

ICWA - Cost Accounting -

The Institute of Cost & Works Accountants of India
01.1995

Bachelor of Commerce - Commerce

A M Jain College
01.1993

Skills

  • Financial Planning Analysis
  • Financial Management
  • Auditing
  • Costing
  • Group Consolidation
  • IFRS Reporting
  • Statutory Compliances
  • Group Restructuring
  • Proper Systems Procedures

Languages

English
Hindi
Tamil

Timeline

Group Finance Manager

NEW INDIAN MODEL SCHOOL GROUP
11.2022 - Current

Director

JV Thomson Chartered Accountants
05.2019 - 11.2022

Senior Manager - Finance & Accounts

Agnice Contracting LLC
04.2016 - 05.2019

Senior Manager - Finance

Larsen & Toubro Ltd
05.2012 - 02.2016

Finance Manager cum Compliance Officer

National Life & General Insurance Co SAOC
08.2007 - 03.2012

Manager - Finance & Accounts

K R Agro Services Private Limited
08.1998 - 08.2007

CA - Chartered Accountancy -

The Institute of Chartered Accountants of India

ICWA - Cost Accounting -

The Institute of Cost & Works Accountants of India

Bachelor of Commerce - Commerce

A M Jain College
Prakash Jayavelu