Shiv Dhandhania

Encouraging manager and analytical problem-solver with talents for team building, leading and motivating, as well as excellent customer relations aptitude and relationship-building skills. Proficient in using independent decision-making skills and sound judgment to positively impact company success. Dedicated to applying training, monitoring and morale-building abilities to enhance employee engagement and boost performance.

• Overseeing global financial closing, Reporting, Accounting of all the sub processes - AP, AR FA, GL and month end reporting. Adherence to Internal deadlines and compliance to corporate policies.
• All changes in processes well documented and approved by respective business unit FM including inducted a tool to keep a track on all the changes and control on document version changes through workflow.
• Managing Finance of newly acquired unit - Monthly closing and reporting of financial books to Group.
• Inventory closing, Inventory Forecasting and Inventory MOH, DSO, Receivable Aging etc.
• Working with respective functional heads and convergence to company practices
• Forecasting of Cash flow for the next 12 months and borrowings from parent company.
• Quarterly review of Annual budgeted numbers Vs. Quarterly Actuals to measure and reporting of variances with relevant explanation and
• Vetting of Business Plan and highlighting any deviation.
• Annual closing, Putting in place internal control, Auditing, it's submissions and application US GAAP.
• Quarterly Meeting with Board - Discussion on Financial Performance of the quarter - Top line, GM, Business lines contributions, GM Vs. Business Plan, Borrowings Vs. Cash flow, Sales, Cogs and GM trend and any major deviation month on month, Financial cost, Headcount costs, Receivable aging, New capex, Inventory controls, New Briefs, New breeding programme, Current and Future inventory levels, Pricing, New markets, Customer visits, etc.
• Set up of Global Internal Shared Services for financial processes. It includes all the regions SEA,IMA,EU,NA &
• Set up of key Business KPIs, overseeing operational efficiencies and measurement against Annual Targets.
• Annual Budgeting - Sales, Purchases, Supply Chain expenses, Commercial expenses and Administrative expenses.
• Managed a business of 250 crores, Closing and Reporting of financials, budgeting, reporting of key ratios - DSO, MOH, Aging, Working capital. Business plan validation and reporting, cash flow forecast, latest estimates, Inventory forecast, Fund management, Product costing and Product Margin review etc.
• Operational Excellence (OE)
• Corporate Accounting and Reporting
• Setting up and Managing of Global Finance Shared Service Centre
• Transformation Projects
• Value up projects - Inter group auto posting & reconicliation, Mirror accounting, ICS implementation. AI tools for product Margin reporting, Global Friehgt consolidation etc
• Service Contract Management
• Large Size team managementM&A
• Working across functional lines
• Business conflict Management
• Coordination with banking institution for external borrowings and investing activities.
• Monthly closing of books and it's submission to management.
• Preparation of Service and VAT Tax Return and its submissions.
• Preparation of Advance Tax Challan and its submissions.
• Annual Statutory Audit and its sign off by auditors.
• Worked closely with auditor on various Tax audits.
• Closure of annual Income Tax assessment.
• Preparation of Annual Books of Accounts and it's submission to various regulatory bodies (SEBI, Company Law Board (ROC), Internal revenue)
• Follow up on Mitigation plan and review audit and final submission of report to top Management.
• Management review and discussion of the audit findings and sharing of audit recommendation.
• On site assignment - Unilever UK Limited (Unit- Crawley, Crumlin and Trafford Park), Unilever Srilanka Ltd, Unilever Polska Ltd.
• Adherence of F&A processes to the Kimberly-Clark Group Risk and Control Matrix (RCMs)
• Design and Operation testing of controls to keep a check on existing controls are functional and providing intended
• Introduction of new changes in process and their process mapping and design testing to ensure risk emerging from new changes rightly addressed.
• Monthly reporting of compliance reports to functional heads - Outcome of operational and Design testing along with mitigation plans for uncovered risks.
• Quarterly reporting of Compliance Report and findings to Kimberly Clarke functional heads and action taken.
• Collaboration with Group Internal Audit functions for Half-yearly/ Annual review of processes and compliance to the group policies.
• Collaboration with the statutory Auditor for annual review/auditing of processes and books of accounts.
• Studying of F&A processes of Unilever Global companies across various sites and preparations of their SOPs, Process Maps, Risk and Control Matrix plotting and it's assessment, Process Walkthrough and Operational testing of controls and their compliance to Risk and control frame work.
• Setting up of yearly goal using SMART methodology , clear communication of them and alignment, review of them during the course of year - Semi-annual and annual appraisal of them.
• Led various process transformation initiatives, Process simplifications - Reduction in numbers of Manual Invoices, Payment run, Reduction in numbers of Non PO invoices, Cash applications, IG reconciliation process, inductions of
• Collaborate with Internal Audit in annual review process and closure of all the audit observations in consultation with regional and global business partners
• Collaboration and regular meeting with local, regional and global business partners on process changes, new processes, issue tracker, IS/IT issues, people update etc.
• Regular meeting with Team, reviewing their performance, sharing feedback, communicating business update & changes in processes/including induction of new processes etc.
• Annual & Semi-annual performance review, Decision and Communication of annual compensation hike, CPI

• Date of Birth: 01/12/76
• Nationality: Indian
• Marital Status: Married