Summary
Overview
Work History
Education
Skills
Profile Snapshot
Areas of Expertise
Software
Timeline
Generic

Valem Chandrasekhar

Finance Controller
Hyderabad

Summary

Seeking assignments in Accounts & Finance with a reputed organiZsation Location Preference: Any where in Africa and in India.

Overview

33
33
years of professional experience
4
4
Languages

Work History

Finance Controller (Transport Division)

Mansoor Industries Ltd (MOIL ENERGIES)
02.2025 - 09.2025
  • Pivotal in managing a team of 3 people.
  • Yearly Assessments of TRA have been Resolved.
  • Timely Submission of MIS to the Management and Timely Submission of Monthly P& L Account.
  • Stock finalisation and reconciliations of Suppliers and Debtors Reconciliations.
  • Weekly Debtors Review with Marketing Manager and CEO and Monthly review of Monthly Profit and Loss Account.
  • Liaise with Internal Auditors For Finalisation of Accounts and Preparation of Schedules of the Balance Sheet.

Finance Controller

Hima Cement Ltd
03.2024 - 01.2025
  • Pivotal in managing a team of 6 people
  • Yearly Assessments of URA have been Resolved.
  • Timely Submission of MIS to the Management.
  • Stock finalisation and reconciliation With URA.
  • Internal ERP Implementation & Integration of SAP Hana Software in the factory.
  • Renewal of Limits with banks by submitting the Management accounts and Cash flows to the bank and Term Loan Processing with the Banks.
  • Weekly Debtors Review with Marketing Manager and General Manager.
  • Liaise with Internal Auditors For Finalisation of Accounts and Preparation of Schedules of Balance Sheet.

Finance Controller

Avnash Industries Ghana Ltd
04.2022 - 02.2024
  • Pivotal in managing a team of 8 people
  • Yearly Assessments of GRA have been resolved.
  • Timely Submission of MIS to the Management.
  • Stock finalisation and reconciliation for Submission of Stock Statements with Banks.
  • Internal ERP implementation in the factory.
  • Renewal of Limits with banks by submitting the Management accounts and Cash flows to the bank and Term Loan Processing with the Banks.
  • Weekly Debtors Review with Sales Managers and CFO.
  • Liaise with External Auditors For Finalisation of Accounts and Preparation of Schedules of Balance Sheet.
  • Finalisation of Year End Accounts with External Auditors.

Finance Manager

Western Diamond Cement
05.2018 - 03.2022
  • Pivotal in managing a team of 10 people
  • Yearly Assessments of GRA have been resolved.
  • Timely Submission of MIS to the Management.
  • Stock finalisation and reconciliation With GRA
  • Internal ERP implementation in the factory
  • Renewal of Limits with banks by submitting the Management accounts and Cash flows to the bank and Term Loan Processing with the Banks.
  • Weekly Debtors Review with Marketing Manager and General Manager.
  • Liaise with External Auditors For Finalisation of Accounts and Preparation of Schedules of Balance Sheet.

Finance Manager

Shoppers plaza Investment Ltd
01.2016 - 12.2017
  • Pivotal in managing a team of 8 people
  • Yearly Assessments of TRA have been resolved
  • Timely Submission of MIS to the Management.
  • Stock finalisation and reconciliation With TRA.

Finance Manager

East African Seeds Ltd
01.2013 - 12.2015
  • Pivotal in managing a team of 6 people
  • Yearly Assessments of KRA have been resolved.
  • Finished Yearly Audits of Eight Companies with coordinating with the Auditors.
  • Timely Submission of MIS to the Management.

Financial Controller

Moil (U) Ltd
08.2011 - 11.2012
  • Resolved Yearly Assessments of URA
  • Provided Suggestions to Cut Down Costs and Fuel Theft and Piliferages.
  • Preparation of Profit and Loss account and timely Submission to the Management.
  • Working Capital enhanced Limits & Asset Financing (New / Expansion) projects to banks and institutions.
  • Theft have been detected and resolved with co-ordinating with Internal Auditors and Responsible to send the person behind the bars.

Financial Controller

Karibu Textile Mills Ltd.
12.2006 - 04.2011
  • Distinction of being recognized for reducing a 42 million dollar case to 4.5 million case with tribunal Court co-ordinating with the Tax Consultant providing the inputs to reduce the value of the case.
  • Bank is used debit excess interest monthly 7000 USD found the fraud and shifted the Bank Account in a day other bank with own help of Bank Authorities by myself.
  • Always having the eye on Consumption of Raw Materials to bring down the costs.
  • Establishing of Letter of Credit with Banks for Purchase of Raw Materials of the Factory.
  • Working Capital & Asset Financing (New / Expansion) projects to banks and institutions.
  • In two months of joining, identified a bank fraud and received appreciation for same by an increase in the salary

Assistant Manager Costing

CLIPSAL Middle East FZC
09.2004 - 10.2006
  • Implemented the Standards consumption and Actual Consumptions statements and making decisions on productions of profit making products to produce effectively & timely.
  • Total In charge of Works Accounts of the Factory
  • Timely Submission of Monthly Reports to the Management.

Assistant Manager – Finance

Gulf Oil India Ltd.
07.2000 - 09.2004
  • Played a key role in Implementation of SAP Hana 4 Package in HIMA Cement Ltd.
  • Played a key role in BAAN ERP implementation of Accounts and Costing Module
  • Bills Discounting with Banks & Export Bills Negotiation.

Assistant Manager - Finance & Accounts

Duncan Infotech
09.1999 - 06.2000

Executive Officer - Accounting

Toshiba Plant Kensetsu (India) Pvt. Ltd.
01.1996 - 09.1999

Sr. Assistant in Finance

Pennar Aluminium Company Ltd.
04.1992 - 01.1996

Education

Cost Accountancy -

Institute of Cost And Works Accountants of India
India
06-1992

B.Com (Hons.) -

Indian Institute of Management And Commerce
Hyderabad
03-1992

Skills

  • Advance Excel- Pivot Tables

  • Accounting Packages – SAP Hana 4 ,Tally 92, Sage, Kagaemi ERP, Focus, Ebiz Frames

  • MS Office -2000

  • ERP Implementation of Baan- Accounts& SAP Hana Integration(Currently working on this software)

  • Oracle Financials Package

  • Sage Financial Accounting Package

Profile Snapshot

  • Over 30 years of experience in Accounts & Finance, Financial Reporting, Statutory Compliance, Costing, Coordination, Receivables, Payables and Cash Management
  • I am associated with Mansoor Industries Ltd (Moil Energies Ltd ) Kigamboni as a Finance Controller.
  • Experience in implementing financial procedures, maintaining & finalising the accounts as per statutory requirements of Companies Act
  • Proven ability in implementing systems to achieve cost control and enhance the overall efficiency of the organisation
  • Expertise in enhancing financial processes & systems and reviewing complex financial data to facilitate financial growth of organisations
  • Strong analytical & organizational abilities with adeptness in formulating accounting systems, preparing accounting records and financial statements

Areas of Expertise

  • Accounts
  • Administering maintenance of books of accounts, inclusive of P&L account, balance sheet and trial balance with the finalization of year end accounts
  • Preparing various ledgers and reconciliation statements viz. bank reconciliation, credit reconciliation, etc., for analyzing the accuracy of books of accounts
  • Costing & MIS
  • Compiling cost and performance reports, cost benefit analysis and recommending necessary corrective actions
  • To evolve and Implement new Cost- reduction polices, where ever necessary.
  • Managing cost management system / techniques, devise costing of various stages in product development, monitoring various overheads and achieving maximum cost control in operations
  • Statutory Compliance
  • Coordinating with auditors in conducting Internal / Statutory, preparing Audit Reports and implementing recommendations, if any
  • Supervising the preparation of MIS reports to provide feedback to top management on financial performance, viz. fund management, cost control, credit control, profitability, etc.

Software

SAP HANA 4, TALLY ERP9 , EBIZ FRAMES

Timeline

Finance Controller (Transport Division)

Mansoor Industries Ltd (MOIL ENERGIES)
02.2025 - 09.2025

Finance Controller

Hima Cement Ltd
03.2024 - 01.2025

Finance Controller

Avnash Industries Ghana Ltd
04.2022 - 02.2024

Finance Manager

Western Diamond Cement
05.2018 - 03.2022

Finance Manager

Shoppers plaza Investment Ltd
01.2016 - 12.2017

Finance Manager

East African Seeds Ltd
01.2013 - 12.2015

Financial Controller

Moil (U) Ltd
08.2011 - 11.2012

Financial Controller

Karibu Textile Mills Ltd.
12.2006 - 04.2011

Assistant Manager Costing

CLIPSAL Middle East FZC
09.2004 - 10.2006

Assistant Manager – Finance

Gulf Oil India Ltd.
07.2000 - 09.2004

Assistant Manager - Finance & Accounts

Duncan Infotech
09.1999 - 06.2000

Executive Officer - Accounting

Toshiba Plant Kensetsu (India) Pvt. Ltd.
01.1996 - 09.1999

Sr. Assistant in Finance

Pennar Aluminium Company Ltd.
04.1992 - 01.1996

Cost Accountancy -

Institute of Cost And Works Accountants of India

B.Com (Hons.) -

Indian Institute of Management And Commerce
Valem ChandrasekharFinance Controller