SAP
Prateek Mehra
Financial Controller
Dubai
Summary
• Versatile Corporate Controller with proven track record providing transformative leadership to growing organizations. Expertise in financial planning & analysis for complex restructuring, expansions, large scale business transformations and business advisory roles.
• Hands-on experience in quantitative / statistical analysis, budgeting and forecasting; provided robust modelling and reporting to
facilitate executive-level decision making.
• Successfully reviewed & enhanced all financial procedures and internal controls, automated and integrated MIS, prepared financial
forecasts with coordinated budget projections.
• Committed to developing robust standards, internal controls and processes while minimizing risk. Proficient in SAP, BW and Hyperion.
Overview
12
12
years of professional experience
12
12
years of post-secondary education
2
2
Languages
Work History
Finance Controller
Osram Lighting/Ledvance Middle East FZE
Dubai
11.2017 - Current
- Administering books of accounts, HFM (Hyperion) reporting and analyzing KPIs and business drivers
- Preparing monthly MIS reports for management, variance analysis of income statement/balance sheet items with detailed commentary
- Heading controlling function by handling cost allocation, budgeting, and forecasting
- Monitoring business growth and sales forecast with respective business Units heads (4)
- Managed annual budgeting processes (Portfolio of $50 - $60 Mn), understanding business priorities and factors driving business by supervising budget-model construction, accurately predicting expense and timing of costs
- Responsible for VAT implementation, return filling and compliance in related matters
- Support other Finance process improvement initiatives, through system enhancements, process changes resulting in improvement of scalability of Finance as company grows
- Successfully delivered projects at group level like Credit Management, payroll analysis, Separate Books of Accounts, envelop reporting and one finance project
- Defined credit management functions of three entities thereby reducing company's overall credit exposure and improved collection
- Developed, documented, and implemented internal control policies and procedures.
- Administering all processes of accounting & reporting standards as applicable and ensuring necessary changes are brought in place as and when required ensures timely completion of statutory audit
- Supervised accurate, efficient and compliant completion of monthly financial reporting packages.
Group Finance Manager
Pan Africa Mining and Equipment
Dubai
10.2019 - 08.2020
- Financial modelling of all SKU's showing impact on gross margins with change in any variable of value chain.
- Monthly rolling forecast based on inputs by demand planning, Logistic, Marketing, and various other teams.
- Successfully lead project of VAT implementation in UAE.
- Engaged in Budgeting and Forecasting activity at Group level. Review and analyze monthly, quarterly, and annual projection on both revenue and expenditure
- Hyperion Reporting: Finalization of Income Statement, Balance Sheet along with various Schedules in Hyperion and get sign-off by finance Director
- Preparation of management packs as per client requirements.
Financial Manager
Midal Cables
Riffa
09.2016 - 11.2017
- Prepared & consolidated Annual Budget for concept, post comparison with industry benchmarks and collated information from all operational territories, for Board presentation
- Production of monthly MIS and all other financial reports regarding variances, profitability, and performance measurement
- Prepare monthly re-forecast, cash flow forecast, variance analysis report and various other management packs.
- Collaborate with banks to keep track of company's facilities/lines, Performance Guarantee's, Bid Bonds, Working Capital Loan requirements, currency hedging & other covenants.
Assistant Manager
KPMG Management Private Limited
Delhi
04.2015 - 09.2016
- Engaged in Budgeting and Forecasting activity at Group level
- Review and analyze monthly, quarterly, and annual projection on both revenue and expenditure
- Hyperion Reporting: Finalization of Income Statement, Balance Sheet along with various Schedules in Hyperion and get sign-off by
- Finance Director's
- Support other Finance process improvement initiatives, through system enhancements, process changes resulting in improvement of scalability of Finance as company grows
- Managed third-party contractors, ensuring proper approvals from all stakeholders, analyzing impacts on profitability, and closely monitoring accruals.
Manager
Serco Group Plc
Delhi
04.2011 - 04.2015
- Expanded cross-functional organizational capacity by collaborating across departments on priorities, functions and common goals.
- Prepared annual budgets with controls to prevent overages.
- Reduced process bottlenecks by training and coaching employees on practices, procedures and performance strategies.
Education
Chartered Accountancy -
Institute of Chartered Accountants of India
Delhi 04.2004 - 11.2010
Master of Commerce -
Delhi University
Delhi 06.2007 - 06.2009
Bachelor of Commerce -
Delhi University
Delhi 06.2004 - 06.2007
Skills
Internal control management
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Group Finance Manager
Pan Africa Mining and Equipment
10.2019 - 08.2020
Finance Controller
Osram Lighting/Ledvance Middle East FZE
11.2017 - Current
Financial Manager
Midal Cables
09.2016 - 11.2017
Assistant Manager
KPMG Management Private Limited
04.2015 - 09.2016
Manager
Serco Group Plc
04.2011 - 04.2015
Master of Commerce -
Delhi University
06.2007 - 06.2009
Bachelor of Commerce -
Delhi University
06.2004 - 06.2007
Chartered Accountancy -
Institute of Chartered Accountants of India
04.2004 - 11.2010
Accomplishments
- Received Best Team Award for Hyperion Planning & Implementation, KPMG in the year 2015
- Receive award for VAT implementation and reporting, Osram lighting Middle East 2018
- Appreciated with:
o Employee of the Quarter, SERCO in the year Jul’12 – Sep’12
o Employee of the Quarter, SERCO in the year Jan’13 – Mar’13
o Employee of the Quarter, SERCO in the year Apr’13 – Jun’13
o Employee of the Year and Recipient of Pulse Award, SERCO in the 2013
Software
BW
Hyperion
Oracle
Affiliations
- Active member of the Institute of Chartered Accountants on India
- Active member of Institute of Chartered Accountants on India - Dubai Chapter