Umesh Sachdev

Experience

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  Dana Property Development

  Apr 2007 - Mar 2012

  The company is a member of Sheikh Mohammed Bin Khalifa Al Maktoum InvestmentGroup, engaged in the business of property development.• Managed financial compliance with the Real estate regulatory authority, escrow accounts with banks & registrations at the Dubai Land Department • Conducted financial diligence of development projects valued $320m and of land acquisitions valued $14m • Helped execute legal disputes valued $17m for out of court settlements • Awarded as the EOM in Oct ’07 & a special bonus from the Chairman during the recession in 2008 (sole recipient) • Helped raise $2.8m through debt financing and $1.4m overdraft facility Show less

  • Financial Controller

    Sept 2007 - Mar 2012

  • Management Accountant

    Apr 2007 - Aug 2007
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  Dulsco

  Apr 2012 - Mar 2016

  Reporting to the Director - Finance.Dulsco LLC is a 79 year old UAE based company providing Human Resource Solutions, Waste Management Services (in UAE & QATAR), Medical Services, Accommodation Leasing (In Dubai) & Events & Boat Services (In Fujairah only).• Analyzed the P&L and KPI’s & consolidated budgets, business plans of 16 BU’s –Rev $200m • Conducted financial diligence of growth projects such as market expansion (new country), acquisitions of 1,500 capacity labor accommodation facilities, fabrication facility & an outpatient medical clinic • Restructured the post investment review process of waste collection assets valued ~$35m, to improve utilization and returns Show less Reporting to the Director Human Resource Solutions - DubaiDulsco HRS is a leading supplier of Blue and White Collar workers as well as promoters, Having total headcount in excess of 9,000 in UAE and 6,000 plus in Dubai.• In 2013, promoted from business analyst at division level to business analyst at corporate level - reporting to the Managing Director • Saved $200k by identifying attrition rate anomalies & identified potential savings $1m p.a. through optimal visa allocation & license utilization • Increased utilization of the CRM software by 60%, by designing and automating sales performance reports • Standardized Budgets, Sales & Mktg, Profit & Ops reports & review meeting formats across 16 BU’s in 5 location Show less

  • Senior Executive Finance - Corporate

    Jan 2015 - Mar 2016

  • Business Analyst

    Apr 2012 - Dec 2014
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  Shell

  May 2017 - now

  Finance Interface Manager - DSIT Retail, Corporate Holdings & Treasury

  • Managed the finance reporting, budgeting and finance operations of Retail IT investments ~$188m• Made transparent the complex charging mechanism of ~$400m of IT costs to the business stakeholders through teamwork & collaboration• Building a knowledge & information sharing forum between Business Finance and IT Finance teams by capitalizing the goodwill generated through the IT cost transparency exercise and arranged a Retail site visit for IT finance operation staff to understand the role played by IT in Retail business• Evaluated the major reasons for failures of IT projects. Working on developing lead indicators that use finance system data to trigger early warnings• Received a VP award for partnering to resolve the finance issues of a critical growth project & recognitions for identifying business impact of new processes and taking a stand for compliance under pressure• Catalyzed reduction in under recovery, from 12% to 3% and the increase in accruals booked by 88% as compared to same time previous year• Restructured the process for IT cost manual journal entries to tackle incorrect cost recoveries. $10m under scope• Evaluated the results of & presented the 2017 People Survey to the management. Selected as staff ambassador to highlight issues faced by staff Show less