Summary
Overview
Work History
Education
Skills
Timeline
Generic
Praveen Sharma

Praveen Sharma

Chartered Accountant
Gurgaon

Summary

Diversified accounting, auditing and finance experience, balanced among premium and low cost airlines, and "Big Four" public accounting firms. Proven record of partnering with management teams to guide strategic planning, cost reduction, and profit/revenue growth. Good command of financial analysis, management reporting, accounting, budgeting, forecasting, pricing, and project management. Skilled communicator who cultivates strong relationships and builds high-performing teams through exemplary leadership.

Overview

11
11
years of professional experience
10
10
years of post-secondary education
1
1
Language

Work History

Manager Finance - Engineering

Vistara – TATA SIA Airlines Ltd
Gurgaon
12.2021 - Current
  • Financial Planning, Provisioning reports, Technical accounting and co-ordination with Finance for the same
  • Ensured all invoices relating to Engineering and Maintenance contracts are correct in terms of billing agreements and Managing follow up action for any amendment to agreements.
  • Engineering Budget - Integration, Finalization, Presentation, Monitoring expenditure within approved Budget and providing related MIS to Management for the same
  • Liaised with Legal, Taxation, Finance, Audits for Financial, Legal, Taxation, Customs related issues to and clarifications.
  • Reviewed resources (Budget / Manpower / Technology / Equipment)
  • Used strong analytical and problem-solving skills to develop effective solutions for challenging situations.
  • Developed and maintained courteous and effective working relationships.
  • Managed time efficiently in order to complete all tasks within deadlines.
  • Acted as a team leader in group projects, delegating tasks and providing feedback.
  • Demonstrated respect, friendliness and willingness to help wherever needed.
  • Worked flexible hours across night, weekend and holiday shifts.
  • Identified issues, analyzed information and provided solutions to problems.
  • Developed strong organizational and communication skills through coursework and volunteer activities.
  • Cultivated interpersonal skills by building positive relationships with others.
  • Organized and detail-oriented with a strong work ethic.

Asst. Group Finance Manager

Jazeera Airways KSCP
Listed
01.2017 - 07.2020
  • Technical accounting, reporting business and financial performance on a timely basis - carrying out analysis of Profit and Loss account, Balance Sheet, cash flow etc on a regular basis
  • Coordinate with various departmental heads and creation of budget pack including the detailed working, variance explanation, P&L, cash flow, balance sheet
  • Evaluation of lease contracts, maintenance contracts, Government notifications and other contracts to ensure compliance with terms, conditions and other commercials
  • Verification and processing complex & multi variable driven invoices for payment to vendors
  • Ensure the statutory deductions and compliances of withholding tax and indirect tax requirement while processing the payments
  • Validation of monthly payroll and review of provisions and prepaid balances.
  • Management of day-to-day treasury activities including working capital management and planning of bank facility requirements
  • Ensure strict adherence of financial systems policies & processes; projecting cash flow, ensuring that accounting processes have the required internal controls, desired documentation and are robust enough to support information requirements for decision making
  • Prepared various quarterly/half-yearly/annually audit schedules for internal/external auditors and Co-ordination with external auditors from engagement till release of Audit reports
  • Provided the end-to-end requirements of the ERP consultant and the desired controls and report design for financials and payroll processing in Oracle Fusion ERP system
  • Prepared the investor presentation on quarterly/half-yearly/annually basis and also schedules in compliance with the Kuwait CMA requirements
  • In charge of company setup, including bank account opening, tax compliances and other operating expenses contracts review at multiple locations across the world
  • Review of the business case study before the new route is launched.

Senior Auditor

Ernst & Young
Kuwait
02.2013 - 12.2016
  • Determined audit approach through focusing on understanding of business models for identification of key business risks and translating these to financial risks to arrive at financial statement risks
  • Reviewed work performed by subordinates in accordance with EY Global audit methodology and prepared financial statements to ensure compliance with various international reporting standards
  • Finalised audits and attended final audit meetings with the clients for resolution of audit related issues
  • Prepared associated budgets, for audit engagements in my portfolio
  • Maintained client relations and portfolio of around USD 900K
  • Advised audit clients on the accounting treatment of complex business transactions.
  • Identified control gaps in processes, procedures and systems through in-depth research and assessment and suggested methods for improvement.

Senior Accounts officer

Wheels India ltd
Chennai
06.2012 - 01.2013
  • Manufacturers of Auto-components, Listed company in India, Prepare financial statements and supporting schedules according to monthly close schedule;
  • Analyze revenues, non-moving stock, debtors ageing, commissions and expenses to ensure they are recorded appropriately on a monthly basis and also reviewing sub-contractor agreements across all industrial plants in India and suggest any cost reductions;
  • Assist in documentation and monitoring of internal controls and assist with analyzing financial statements on a monthly basis and report on variances;
  • Assist with preparing tax returns and corporate reporting requirements and assist with financial, internal and tax audits;

Education

Chartered Accountant - Finance, Tax & Audit

Institute of Chartered Accountants of India
Chennai
05.2006 - 11.2011

Company Secretary - Corporate Laws & Secretarial Practice

Institute of Company Secretaries of India
Chennai
06.2009 - 06.2011

B. Com - Commerce

D.G. Vaishnav College (University of Madras)
Chennai
04.2004 - 04.2006

Skills

Management reporting and financial analysisundefined

Timeline

Manager Finance - Engineering

Vistara – TATA SIA Airlines Ltd
12.2021 - Current

Asst. Group Finance Manager

Jazeera Airways KSCP
01.2017 - 07.2020

Senior Auditor

Ernst & Young
02.2013 - 12.2016

Senior Accounts officer

Wheels India ltd
06.2012 - 01.2013

Company Secretary - Corporate Laws & Secretarial Practice

Institute of Company Secretaries of India
06.2009 - 06.2011

Chartered Accountant - Finance, Tax & Audit

Institute of Chartered Accountants of India
05.2006 - 11.2011

B. Com - Commerce

D.G. Vaishnav College (University of Madras)
04.2004 - 04.2006
Praveen SharmaChartered Accountant