Mahammadgouse Shaik

Deputy Manager

OLAM Information Services Pvt Ltd.

03.2020 - Current

Company Overview: OLAM is a leading food and agri-business, supplying food ingredients, feed and fiber to 20,900 customers worldwide, ranging from multi-national organizations with world famous brands to small family run businesses and placing them among the world's largest suppliers of cocoa beans, coffee, cotton and rice.
Spearheaded the preparation and analysis of financial performance reports for the Business Unit CFO, enabling informed strategic decisions.
Led the preparation of the Annual Budget and 5-Year Strategic Plan , including key financial statements such as EBIT Bridge, Segment-wise Financial Reports, Inventory Analysis, Sales Breakup by Customer Group, Monthly Budget Phasing Reports etc.
Conducted monthly and quarterly forecasting for Sales, COGS, and Overheads; prepared comprehensive variance analysis for Business Review Meetings.
Delivered weekly book value reports , analyzed variances between Gross Contribution (GC) and EBIT vs. Budget.
Reviewed Trial Balance, Monthly P&L, Net Investment Statements , ensuring accuracy and timely month-end closures.
Prepared and presented Overhead Analysis Dashboards , supporting management with cost control insights.
Responsible for monthly book closure , including preparation and posting of key journal entries.
Managed Record-to-Report (RTR) functions; ensured service level agreements (SLAs) were met with high accuracy.
Applied expertise in IFRS standards: IFRS 15 – Revenue from Contracts with Customers, IFRS 16 – Leases, IFRS 13 – Fair Value Measurement, IAS 2 – Inventory Accounting, IFRS 9 – Expected Credit Loss Model for Financial Assets
Sales and Purchase Recon, Material Ledger run, Accounting Insurance claim receivables and general ledger review.
Supported internal and statutory audits by addressing auditor queries and ensuring compliance.