Ravi Kandala
Manama
Summary
Savvy Finance Business Partner with [Number] years of senior-level accounting experience and in-depth knowledge of financial concepts. Demonstrated to function in complex and volatile financial environment. Proficient in use of general ledger systems to analyze company finances.
Overview
19
19
years of professional experience
Work History
Finance Business Partner
Hilti Bahrain
09.2022 - Current
- Outline
- Responsible for managing the Finance & Operations for one of the largest Multinational in the region
- Led the MO towards profitability without compromising on employee satisfaction
- Key Responsibilities
- Contributed to developing the strategic direction of the Market Organisation creating an action plan and reporting measurements to understand if the strategic target has been achieved
- Co-ordinated all reports about revenue and capital budgets creating regular reports
- Assist senior executives with strategic plans by analyzing the financial climate and market trends as well as any internal improvements that could be made
- Managed a team of 30 people, developing relationships within the team to influence changes within the division to improve efficiencies
- Collaborated across departments such as sales, customer service, supply chain and marketing to improve forecasts and reports
- Created company-wide management accounts, cost analysis, budgets and forecasts, pricing reports, profit margin reports and reported efficiency gains
- Prepared Business Insights and analytics to create strategic plans with commercial operations
- Establish and maintain strong financial controls over the finance division
- Oversaw the organization adhered to statutory regulations and legislation
- Conducted audits on financial monitoring
- Key Achievements
- Increased the profitability by 5% by starting new channels of sales
- Maintained employee satisfaction above 80%
- Fostered change within the finance division to improve efficiencies by creating a system that employees could feed ideas to improve processes which would be implemented across the business.
Finance & Operations Manager
Abu Issa Holding
01.2016 - 08.2022
- Responsible for managing the finance of 9 divisions under the group totaling a turnover of 1.5 bn QAR
- Led project to improve inefficiencies within the finance division to ensure the business delivers profitability
- Key Responsibilities
- Monthly reporting and consolidation for various region and Business units using Oracle
- ERP system
- Support the management in coordination with budgets & forecast processes for different
- Business Units and regions
- Routinely communicate with business units regarding company's consolidated financial and operational performance trends, historical and forecasted, using appropriate metrics
- Direct the timely completion of billing cycle, accounts receivable day and aging, claims, losses and bad debts
- Supervise and evaluate performance over assigned personnel
- Recommend merit increases, promotions, disciplinary actions
- Work with internal and external auditors during statutory and internal control reviews
- Carry out periodical internal control review to ensure adequacy of the internal control mechanisms
- Key Achievements
- Raised new working capital facilities and effectively used the facilities for the group
- Set up various reporting procedures to effectively increase the profitability and cash conversion cycle
- Reduced overhead costs across the company which saved the business $500,000 through a restructure that reduced headcount by 15% but increased employee satisfaction by 30%
- Fostered change within the finance division to improve efficiencies by creating a system that employees could feed ideas to improve processes which would be implemented across the business.
Group Finance Manager
CARDZ Group
03.2013 - 12.2015
- Outline
- Managing end to end financial operations including Financial & Business planning, budgeting, costing, & corporate compliance
- Raised working capital facility of about AEDmillion for the group
- Successfully implemented Oracle ERP system.
Financial Controller
Barr & Wray Group
01.2010 - 02.2013
- Outline
- Managed all the accounting activities of the business for an SME organization
- Oversaw the company ledger to ensure that money coming in and out of the business was accounted for.
Senior Accountant
Sobha Group
05.2007 - 12.2009
Senior Team Member
Bank of America
05.2005 - 12.2007
Relationship Manager
Iffco-Tokio General Insurance
07.2004 - 04.2005
Education
ICAI - Institute of Cost Accountants of India
MBA - Finance
CMA - Institute of Management Accountants, Osmania University
Bachelor of Commerce - undefined
Osmania University
Skills
- Regulatory Submissions
- Financial Budgeting
- Excellent Team Leadership
- Strategic and Financial Planning
- Financial Risk Monitoring
- Financial Reporting and Analysis
- Manage Cash Flow
- Performance Review
Affiliations
Qualified Finance Professional with over 18 years of work experience in senior position
with diversified industries like Construction, FMCG Trading & Distribution. Delivered
results such as improved reporting efficiencies by introducing new systems, reducing
company overheads by implementing right sizing measures and supported steady growth of
business. Ability to collaborate with various teams and build and maintain relationships
with stakeholders to ensure that the business meets its financial objectives.
Core Skills
Budgeting & Forecasting
Strategic Planning
Reporting Financials
Business Insights & Analytics
FMCG
Management Accounting
Timeline
Finance Business Partner
Hilti Bahrain
09.2022 - Current
Finance & Operations Manager
Abu Issa Holding
01.2016 - 08.2022
Group Finance Manager
CARDZ Group
03.2013 - 12.2015
Financial Controller
Barr & Wray Group
01.2010 - 02.2013
Senior Accountant
Sobha Group
05.2007 - 12.2009
Senior Team Member
Bank of America
05.2005 - 12.2007
Relationship Manager
Iffco-Tokio General Insurance
07.2004 - 04.2005
ICAI - Institute of Cost Accountants of India
MBA - Finance
CMA - Institute of Management Accountants, Osmania University
Bachelor of Commerce - undefined
Osmania University
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