Summary
Overview
Work History
Education
Skills
Interests
Accomplishments
Business News, Stock market, Foreign Policy
Timeline
Hi, I’m

KADER SULTAN SHAFIUDIN

Finance Controller
Chennai
KADER SULTAN SHAFIUDIN

Summary

CMA-qualified finance leader with experience in financial reporting, analysis, and strategic planning. Well versed in Company Secretarial and compliance works (Perusing CS Professional Program). Proven expertise in implementing and optimizing SAP and SAP HANA-based financial systems to drive efficiency and accuracy. Successfully led finance teams, fostering collaboration and delivering high-quality financial reporting. Expertise in budgeting, forecasting, cost optimization, and working capital management. Managed financial operations for diverse organizations, including Cars India Pvt Ltd, Jones Lang LaSalle, and Updater Services Pvt. Ltd. Proficient in developing and maintaining operational systems for all finance & accounting functions. Successfully implemented SAP for four companies in the group acting as a core team member. Experience in monitoring billings and receivables including coordination with client Finance departments and Analyzing non-billable expenses and reporting the variance against budget. Managed accounts of a real estate property (worth US$15 Million) which was financed by loan syndication by two local banks. Developed rolling forecasts for cash flow, profit & loss projections for review by management; undertook risk and return analysis, sensitivity analysis for the short and long-term.

Finance professional with strong analytical skills and proven ability to drive financial efficiency. Skilled in financial reporting, budgeting, and strategic planning, with focus on team collaboration and achieving results. Adept at adapting to changing needs, fostering reliable partnerships, and supporting organizational goals through precise financial management and strategic oversight.

Overview

34
years of professional experience
3
Languages

Work History

Cars India Pvt Ltd

Finance Controller
04.2018 - Current

Job overview

  • Oversight of all financial operations and reporting, encompassing Financial Planning & Analysis budget management, cost control, regulatory compliance, and team leadership.
  • Directed financial reporting and analysis, ensuring timely and accurate preparation of profit and loss statements, balance sheets, and cash flow statements.
  • Managed budget development and execution for various departments, aligning with overall business objectives and financial targets.
  • Implemented cost control strategies optimizing expenses and enhancing profitability.
  • Ensured adherence to financial regulations and internal policies; prepared for internal and external audits, enabling compliance.
  • Contributed to development of financial strategies, supporting business growth and expansion initiatives.
  • Oversaw cash flow management, maintaining sufficient liquidity to meet financial obligations.
  • Identified and mitigated financial risks, including credit risks, safeguarding organizational assets.
  • Led and mentored the finance team, promoting a collaborative and high-performing environment.
  • Negotiated and managed relationships with vendors and suppliers, securing favorable terms and pricing.
  • Oversaw customer financial services, including financing options and payment plans, enhancing customer satisfaction.
  • Achievements:
  • Streamlined financial processes through successful implementation of SAP HANA, markedly reducing manual intervention and improving accuracy.
  • Developed real-time financial dashboards using SAP HANA, providing management with timely financial insights.
  • Implemented cost control measures and optimized inventory management, leading to demonstrable cost savings for the dealership.

Jones Lang LaSalle Property Consultants (JLL) India

Asst. Manager Finance
06.2017 - 04.2018

Job overview

  • Oversight of financial transactions, monitoring of billings and receivables, vendor bill approval, and profitability analysis for key client accounts.
  • Managed financial transactions pertaining to top JLL client accounts across South India.
  • Monitored billings and receivables, coordinating with client finance departments to ensure timely payments.
  • Approved vendor invoices and maintained tracking of payments due to sub-vendors, facilitating smooth operations.
  • Conducted profitability analysis for each client account on a monthly basis, providing insights for optimization.
  • Achievements:
  • Improved billing efficiency by streamlining communication with client finance departments.
  • Ensured accurate and timely processing of vendor payments, maintaining strong vendor relationships.
  • Provided detailed profitability analysis reports, supporting informed decision-making.

Updater Services Pvt. Ltd. (UDS)

Manager - Finance & Accounts
09.2013 - 06.2017

Job overview

  • Oversight of financial accounting operations, including financial statement preparation, audit coordination, team management, and financial analysis.
  • Administered a team of 10, managing annual and interim financial statements in compliance with Indian Accounting Standards (Ind AS) for a subsidiary company.
  • Managed consolidation of accounts for the holding company, ensuring accuracy and compliance.
  • Conducted month-end accruals, reviewed general ledger, rectified the books of accounts, and monitored project-wise profitability.
  • Analyzed non-billable expenses and reported variances against budget, providing actionable insights.
  • Performed audits and accounts finalization in coordination with external and internal auditors.
  • Monitored timely deduction of TDS, reconciled TDS receivable (26 AS) with debtors ledgers.
  • Developed cash flow rolling forecasts with profit and loss projections; undertook risk and return and sensitivity analyses.
  • Managed accounting operations for app-based startup business model, offering civil and electrical repair services.
  • Achievements:
  • Developed and maintained operational systems for all finance and accounting functions, ensuring efficiency and accuracy and streamlining financial operations across all units.
  • Improved monthly profitability statements, accounting procedures, and tax planning, leading to better informed decision-making and more effective financial strategy.
  • Facilitated cashless transactions by introducing and managing corporate credit cards for project-level petty cash expenses and travel advances.
  • Successfully coordinated with other departments to assist them in balancing their budgets and achieving their financial goals.

MBM DUBAI (ETA Ascon Group of Companies)

Head-Finance & Accounts
01.2006 - 08.2010

Job overview

  • Oversight of financial accounting and reporting, cash flow management, banking relations, and assisting strategic management consultants with cost reduction and restructuring.
  • Prepared monthly Profit & Loss Accounts, analyzing performance with the management team.
  • Generated MIS reports, providing essential data for strategic decision-making.
  • Managed cash flow functions and optimized fund management strategies.
  • Liaised with banks to secure funding and arrange necessary bank guarantees.
  • Collaborated with the bidding team to prepare competitive quotations for new projects.
  • Successfully implemented SAP for four companies in the group acting as a core team member.
  • Worked with Strategic management consultants like McKinsey & AT Kearney for Cost reduction and restructuring of the company in wake of 2008 financial crisis.
  • Achievements:
  • Streamlined financial reporting processes, improving the accuracy and timeliness of financial information.
  • Successfully implemented SAP for four companies in the group acting as a core team member, enhancing operational efficiency.
  • Collaborated with McKinsey & AT Kearney, resulting in optimized cost structures and restructuring initiatives.

Corporate Accounts, ETA Ascon Group of Companies
Dubai

Senior Executive - Finance & Accounts
02.1995 - 12.2005

Job overview

  • Inter-company reconciliations, expense allocation, preparation of consolidated financial statements, and transaction facilitation.
  • Proficiency in inter-company reconciliation to ensure accurate and timely settlements between different company divisions and subsidiaries.
  • Managed allocation of group expenses to various divisions and companies, optimizing cost distribution.
  • Experience in financial consolidation ensuring that accurate financial statements are prepared and presented in accordance with set accounting standards. Prepared and finalized the group's consolidated financial statements, complying with regulations.
  • Facilitated inter-company transactions and resolved discrepancies, maintaining financial statement integrity.
  • Collaborated with cross-functional teams to streamline expense allocation and consolidation processes.
  • Worked in Oracle based ERP Accounting package
  • Payroll processing and Bonus for Corporate level employees
  • Managed accounts of a real estate property (worth US$15 Million) financed by loan syndication by two local banks.
  • Achievements:
  • Improved accuracy and efficiency in inter-company reconciliations.
  • Successfully managed accounts of a real estate property financed by loan syndication.
  • Improved cash flow management through proactive monitoring of accounts receivables and payables.
  • Led the development of annual budgets, incorporating input from multiple departments to ensure organizational alignment with financial goals.
  • Managed a high-performing finance team by providing clear direction, fostering open communication, and setting performance expectations aligned with organizational objectives.
  • Implemented effective risk management frameworks to safeguard company assets while preserving growth potential in a dynamic business environment.
  • Invested in professional development opportunities for finance team members, promoting continuous learning and skill enhancement within the department.
  • Delivered timely, accurate monthly financial statements that enabled informed decision-making among senior executives and board members alike.
  • Oversaw tax planning and compliance efforts, liaising effectively with external tax advisors as necessary to minimize liabilities and avoid potential penalties.
  • Supported financial director with special projects and additional job duties.
  • Improved overall financial reporting by streamlining control processes and reporting structures.

Asian Peroxide Ltd.

Junior Accountant
07.1993 - 12.1994

Job overview

  • Management of accounts payable, execution of bank reconciliations, and generation of MIS reports.
  • Processed accounts payable transactions, ensuring timely and accurate payments.
  • Performed bank reconciliations, resolving discrepancies and maintaining accurate records.
  • Prepared MIS reports providing key financial data.
  • Achievements:
  • Contributed to accurate and efficient accounts payable processing.
  • Supported effective bank reconciliation processes.

AI Enterprises

Costing Executive
02.1992 - 06.1993

Job overview

  • Cost analysis and quotation for export, profitability / variance analysis
  • Provided quotations for leather garments earmarked for export markets.
  • Conducted comprehensive profitability assessments utilizing costing methodologies.
  • Performed meticulous variance analysis to pinpoint cost deviations and areas for improvement.
  • Achievements:
  • Provided accurate and competitive quotations through effective cost analysis.
  • Contributed to enhanced profitability through detailed variance analysis.

Cecil Joseph & Co., Chartered Accountants

Audit Assistant
09.1991 - 01.1992

Job overview

  • General ledger analysis, stock verification, and aging analysis.
  • Analyzed general ledger accounts to verify financial data accuracy.
  • Conducted stock verification, ensuring inventory alignment with records.
  • Prepared aging analysis reports to track receivables and payables.
  • Achievements:
  • Identified discrepancies through general ledger analysis.
  • Assisted in stock verification procedures, contributing to inventory management.

Education

Institute of Cost Accountants of India

CMA - Qualified Cost Accountant
01.2014

Loyola College, University of Madras

B.Com.

CS - Executive Qualified from Pursuing Company Secretary Professional Course
02.2024

Skills

SAP

Interests

Gardening, Reading, Finance Blogs, Data Analysis

Accomplishments

  • Successfully implemented SAP for four companies recognizing proficiency and project management skills in ERP systems.
  • Managed accounts of a real estate property (worth US$15 Million) demonstrating financial acumen and loan syndication expertise.
  • Collaborated with McKinsey & AT Kearney, acknowledged for contribution to cost reduction and corporate restructuring strategies.

Business News, Stock market, Foreign Policy

I have interest in following Business News and Stock Market . I also like to follow Geo political Analysis , Foreign Policy,

Timeline

Finance Controller

Cars India Pvt Ltd
04.2018 - Current

Asst. Manager Finance

Jones Lang LaSalle Property Consultants (JLL) India
06.2017 - 04.2018

Manager - Finance & Accounts

Updater Services Pvt. Ltd. (UDS)
09.2013 - 06.2017

Head-Finance & Accounts

MBM DUBAI (ETA Ascon Group of Companies)
01.2006 - 08.2010

Senior Executive - Finance & Accounts

Corporate Accounts, ETA Ascon Group of Companies
02.1995 - 12.2005

Junior Accountant

Asian Peroxide Ltd.
07.1993 - 12.1994

Costing Executive

AI Enterprises
02.1992 - 06.1993

Audit Assistant

Cecil Joseph & Co., Chartered Accountants
09.1991 - 01.1992

Loyola College, University of Madras

B.Com.

CS - Executive Qualified from Pursuing Company Secretary Professional Course

Institute of Cost Accountants of India

CMA - Qualified Cost Accountant
KADER SULTAN SHAFIUDINFinance Controller