Summary
Overview
Work History
Skills
Personal Qualifications
Languages
Key Areas Of Expertise
Work Exposure And Experiences
Key Strength
Indian Address
Personal Information
Certification
Timeline
Generic
Vivek Bhatt

Vivek Bhatt

Dubai

Summary

Talented financial leader well-versed in accounting principles and regulations. Motivated to keep company financial operations compliant, accurate and cost-effective. Ready to bring 18 + years of experience and take on challenging new role.


An Qualified Chartered Accountant with profession 18+ years of quantifiable experience in business processes, Accounting and Auditing functions Good knowledge in the preparation of financial reporting under IFRS.

Overview

18
18
years of professional experience
1
1
Certification

Work History

Group Finance Controller

PAI GROUP
01.2022 - Current
  • Simplified complex financial data for non-finance stakeholders, enabling informed decision-making across the organization.
  • Developed and maintained strong relationships with banks, investors, and other financial partners to ensure optimal financing options.
  • Enhanced cash flow management with proactive forecasting and budgeting strategies.
  • Increased profitability, optimizing cost control measures, and expense reduction initiatives.
  • Implemented robust internal controls to mitigate risks and ensure compliance with regulatory requirements.
  • Oversaw preparation of annual budgets, providing accurate financial guidance for key business decisions.
  • Managed a team of finance professionals, fostering an environment of continuous improvement and professional growth.
  • Collaborated with cross-functional teams to improve overall business performance through strategic financial analysis and recommendations.
  • Ensured timely submission of tax filings by maintaining up-to-date knowledge on tax regulations and working closely with external auditors.
  • Optimized inventory management practices using advanced analytics tools for better demand forecasting and stock level optimization.

Chief Finance Officer

SFC - Muralya Group of Companies
11.2020 - 12.2021
  • Heading Finance operation across the group Companies; Directly reporting to the Board of Director and Member of Audit Committee; Responsible for managing the financial functions of the company, Provide leadership, direction to management on financial matters; Providing strategic recommendations to the Board, CEO and other members of the executive management team; Financial forecasting and budgets and overseeing the preparation of all financial reporting; Liaison with banks for facilities including Term loan / Cash Credit / Over Draft / Letter of Credit / Trust Receipts /Bill Discounting
  • Improved financial efficiency by streamlining accounting processes and implementing cost-saving measures.
  • Enhanced company profitability with the development of comprehensive financial strategies and risk management policies.
  • Led a high-performance finance team, fostering professional growth and ensuring timely completion of tasks.
  • Introduced robust internal controls to safeguard corporate assets and ensure accurate financial reporting.
  • Advised executive leadership on strategic planning initiatives, contributing valuable insights based on financial analysis.

Assistant General Manager Finance

Neopharma Group Companies
01.2017 - 11.2020
  • Heading Group Consolidation of Financial Accounts of 10+ Subsidiaries companies Globally;
  • Monitoring Fund flows for Green the field project;
  • Banking & Finance Management – Liaison with bank for Loan / Restructuring;
  • Implementation of VAT across the group companies in UAE;
  • Supporting in Developing plans, budgets and forecasts;
  • Responsible for effectively tracking the CAPEX spending and understanding variances from budget Managing team in terms of budget, resource and time;
  • Oversee function of NeoASKA pharmaceutical Pvt Ltd, Vizag, India; Oversee function of Green field Project Omnicare, JNPC, Ramky Pharma SEZ, Paravada, Vizag.
  • Managed financial aspects of the business, including budgeting, forecasting, and cost control for optimal profitability.
  • Developed and implemented new operational procedures, streamlining daily tasks and improving overall efficiency.
  • Managed budget implementations, employee reviews, training, schedules, and contract negotiations.
  • Developed and implemented policies and procedures to improve customer service and satisfaction.
  • Negotiated contracts with vendors to acquire competitive prices and quality products.

Senior Manager- Finance

CEAT Limited
09.2008 - 12.2016
  • Finalizations of Accounts- Statutory Audits & Quarterly Limited reviews;
  • Consolidation of Financials of subsidiary companies under Ind AS (2 international & 2 Indian subsidiary companies) as well as under IGAAP;
  • Heading Fixed Asset Management division – Overall maintenance of Fixed Asset Register., from procurement to Disposal I.e., Asset class, Capitalization, Depreciation, Disposals, schedules for Financial Statements, compliance with internal controls and Physical verification as per CARO, etc.;
  • Heading MIS team - Financial MIS, Trade Receivables etc
  • Heading Insurance Division- Handling Overall insurance Portfolio of The Group companies, such as IAR, Marine, Trade receivables, Mediclaim, Stock declaration policy etc.;
  • Heading Plant Accounts -Accounts, Costing department & MIS
  • Reduced costs, optimized resource allocation, and improved efficiency in managing projects.

Deputy Manager – Finance

UAE Exchange & Financial Services Ltd
01.2006 - 09.2008
  • Assisting in working capital management team; Budget preparation & monitoring; Daily monitoring of the Regional wise and branch wise expenditure and income.

Skills

  • Well Versed Working knowledge in MS Office
  • Cash Flow Management
  • Strategic Planning
  • Well versed working knowledge in SAP (FI-CO), Oracle, Zoho, Odoo, Tally,
  • Internal Controls
  • Financial Policies Development
  • Financial Modeling
  • Project Finance
  • Performance Metrics
  • Budgeting and Forecasting

Personal Qualifications

  • Associate Member of Chartered Accountant of Institute of Chartered Accountant of India (ICAI), India - 2005
  • Diploma in IFRS from ACCA, UK, 2017
  • Bachelor’s Degree in Commerce from Calicut University, Kerala, India (in May 1998)
  • Certification Course in GMC (General Management and Communication) Conducted by ICAI
  • Undergone 75 hrs. training on DIFR (diploma in International financial Reporting) conducted by KPMG, Mumbai
  • Pursuing DISA Course (Diploma in Information system Audit) of ICAI

Languages

English
Hindi
Malayalam
Konkani
Tamil

Key Areas Of Expertise

  • Financial Reporting
  • Consolidated Financial Statements
  • Banking Facilities- Term Loan, LC-TR, Bill discounting / Factoring etc..
  • Internal Audit

Work Exposure And Experiences

  • Altech Equipment Trading Fzco, Dubai, UAE, Group Finance Controller, 01/2022, Present, Monitoring Financial operations across the Group Companies, Heading Finance, Accounts and Logistics Division, Financial forecasting and budgets, and overseeing the preparation of all financial reporting, Country-wise, Product wise, segment wise budget preparation, Performance Review, Liaison with banks for facilities including Term loan / Cash Credit / Over Draft / Letter of Credit / Trust Receipts /Bill Discounting
  • SFC - Muralya Group of Companies, Trivandrum, India, Group Finance Head, 11/2020, 12/2021, Heading Finance operation across the group Companies, Directly reporting to the Board of Director and Member of Audit Committee, Responsible for managing the financial functions of the company, Provide leadership, direction to management on financial matters, Providing strategic recommendations to the Board, CEO and other members of the executive management team, Financial forecasting and budgets and overseeing the preparation of all financial reporting, Liaison with banks for facilities including Term loan / Cash Credit / Over Draft / Letter of Credit / Trust Receipts /Bill Discounting
  • Neopharma Group Companies, Abu Dhabi, UAE, AGM Finance, 01/2017, 11/2020, Supporting Group consolidation of 10+ subsidiaries companies across the globe, MIS to the Managements- Project updates, Cash position, Project Costing, Etc., Monitoring Fund flows for Green the field project, Banking & Finance Management – Liaison with bank for Loan / Restructuring, Implementation of VAT across the group companies in UAE, Supporting in Developing plans, budgets and forecasts, Responsible for effectively tracking the CAPEX spending and understanding variances from budget Managing team in terms of budget, resource and time, Oversee function of NeoASKA pharmaceutical Pvt Ltd, Vizag, India, Oversee function of Green field Project Omnicare, JNPC, Ramky Pharma SEZ, Paravada, Vizag
  • CEAT Limited, Mumbai, India, Senior Manager- Finance, 09/2008, 12/2016, Finalizations of Accounts- Statutory Audits & Quarterly Limited reviews, Consolidation of Financials of subsidiary companies under Ind AS (2 international & 2 Indian subsidiary companies) as well as under IGAAP, Heading Fixed Asset Management division – Overall maintenance of Fixed Asset Register., from procurement to Disposal. i.e., Asset class, Capitalization, Depreciation, Disposals, schedules for Financial Statements, compliance with internal controls and Physical verification as per CARO, etc., Heading MIS team - Debtors ageing analysis, MIS to reduce the debtors (trade receivables) credit cycle and provisions for bad debts, Heading Insurance Division- Handling Overall insurance Portfolio of The Group companies, such as IAR, Marine, Trade receivables, Mediclaim, Stock declaration policy etc., Additionally, Heading Halol factory Accounts (Accounts, Costing & MIS)
  • TATA Teleservices Ltd, Cochin, India, Business Accounts Lead, 12/2011, 02/2013, Overall monitoring of Channel Partner i, e., Billing (Telecom consumables / Hardware devices ) Banking, Rebates, Channel Accounts end-to-end management i.e, Appointment to Full & final Settlements, Monitoring and GL scrutiny for OPEX budget vs Actual for the Circle, Co-Coordinating with Statutory/Internal auditors
  • Reliance Comm. Ltd, India, Manager - Business Commercial & Analysis, 01/2008, 09/2008, Assisting in Business Commercial Department for Expenditure monitor and Control, General Ledger Scrutiny, Channel Collection Management & accounting, Documentation support - Appointment / termination of Channel partners, Accounting, Daily/ weekly and monthly Reports to DIKC, Mumbai
  • UAE Exchange & Financial Services Ltd, India, Deputy Manager – Finance, 01/2006, 01/2008, Assisting in working capital management team, Budget preparation & monitoring, Daily monitoring of the Regional wise and branch wise expenditure and income

Key Strength

  • Result & Process Oriented
  • Commitment towards work
  • Man-Management qualities
  • Fixing up the process gaps

Indian Address

Sree Padmam, Variath House, Kodungallur, Thrissur District, Kerala, India

Personal Information

  • Father's Name: Vijayanandha Bhatt
  • Date of Birth: 04/19/78
  • Driving License: UAE, India
  • Marital Status: Married

Certification

  • Bachelor on Commerce
  • Chartered Accountant
  • Diploma in IFRS

Timeline

Group Finance Controller

PAI GROUP
01.2022 - Current

Chief Finance Officer

SFC - Muralya Group of Companies
11.2020 - 12.2021

Assistant General Manager Finance

Neopharma Group Companies
01.2017 - 11.2020

Senior Manager- Finance

CEAT Limited
09.2008 - 12.2016

Deputy Manager – Finance

UAE Exchange & Financial Services Ltd
01.2006 - 09.2008
  • Bachelor on Commerce
  • Chartered Accountant
  • Diploma in IFRS
Vivek Bhatt