Pawan Kumar

Experience

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  Micro Innovations & Technologies (Pvt) Ltd

  Dec 2000 - Jun 2004

  Manager Accounts

  o Prepare annual accounts with supporting schedules.o Check & analyze branch accounts.o Liaison with external and internal auditors.o Determine estimated / budgeted cost of each project in coordination with project managers.o Calculate actual cost of each project.o Variance analysis of cost of each project viz - materials, labor & overheads.o Calculate cost of goods imported.o Prepare, evaluate & report monthly and quarterly Financial Statements showing performance by branch wise, product type wise, territory wise, department wise & sales person wise which assist directors in making decisions.o Reporting to directors as per their specific requirements.o Prepare monthly, quarterly & yearly returns - Sales Tax, Income Tax & SECP.o Prepare & disburse monthly salary by bank letters.o Maintain attendance, overtime & personal records of all personnel.o Calculate income tax of each employee.o Assist Import Manager in preparation of documents for LC opening & retirement and clearing of shipment. Show less

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  MEINHARDT INTERNATIONAL

  Jul 2004 - Nov 2009

  Manager Finance

  o Prepare periodic Operating/Capital Budgets and reporting thereon to Head office in Melbourne.o Prepare and present variances analysis report of monthly, quarterly and annual financial results compared to budgets.o Authorized to develop and maintain relationship with banks. This includes raising finance, finalizing credit lines with banks to cover the company from the exposure of fluctuating interest and currency rates thereby maintaining the borrowing cost at the minimum level.o Ensuring timely and accurate monthly, quarterly and annual management/statutory reporting of the financial statements to the local management as well as to the regional/head office.o Prepare monthly KPI’s report and projects progress report for submission to Head Office. o Managing entire taxation matters of the company including maintaining relationship with Income Tax Department, Sales Tax and Central Excise Authorities. Representing Company at various forums including Federal Board of Revenue and Securities & Exchange Commission to resolve matters relating to the Company.o Ensure optimum resource planning/distribution by preparing periodic reports on production activities being carried out by the engineering divisions.o Work with Business Development Manager and other functional heads for preparation of financial aspect of pre-feasibility reports of the projects.o Managing professional indemnity, health insurance and other equipments insurance matters of the company.o Review and implement internal control systems.o Handling corporate/secretarial affairs of the company. This includes liaison with corporate lawyers, consultants, Securities and Exchange Commission, external auditors and preparation of resolution of meeting of BOD.o Managing the company employee’s benefit funds i.e. gratuity fund.o Maintaining relationship with Regional office (based in Singapore), and Head Office (based in Melbourne, Australia). Show less

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  I Mass LLC

  May 2010 - Aug 2020

  Group Chief Financial Officer

  o Partnering with Department heads and COO – As Finance head to develop annual and quarterly budgets for all group companies, of AED 500 million operating cost and presenting it to BOD for approval.o Determine company’s financial value using discounted cash flow projection for next 5 years and EBITDA multiples methods and prepare return on investments presentation for potential investors. Also prepare due diligence requirements related to financial, commercial, legal status and HR utilization affairs of the company. o Conceptualize and implement financial policies and procedures including working capital management, internal financial controls, and project financing and costingo Prepare commercial aspects of proposals and contracts. o Supervise preparation budgets of events and Reality TV Shows and is authorized to approve budgeted expenses. o Closely monitor receivables team’s performance and where necessary, take immediate action for timely collection of overdue amounts from clients. o Evaluate monthly projects performance reports, cash flow variance analysis, forecast manpower recourse's utilization report and present these to directors in monthly BOD meetings.o Deal with banks and financial institutions to negotiate discount rates and terms for OD Facilities, Advance Payment Bonds, Performance Bonds, and Letter of Guarantee’s. Successfully negotiated with 3 different banks to secure OD facility of 95 M and invoice discounting facility. o Effectively participated in Pre-Opening Accounting and System setup. Successfully implemented ERP system and managing a team of 7 staff members in finance department. o Drafting and reviewing terms of Legal contract with clients, suppliers, sponsors.oApprove invoices issued to clients and at the same time make sure that all deliverable have been billed in accordance with terms of deliverables schedule.o Ensure that appropriate financial regulations and controls are implemented and are in use at all times. Show less

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  Promag Pvt Ltd

  Nov 2020 - now

  Chief Financial Officer