Shiyam Razick - CMA,MBA,CIMA, IFS ERP Certified, FMVA

Experience

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  MSH Packaging Industries Ltd

  Jan 1994 - Jun 1997

  Accountant
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  Brandix

  Jun 1997 - Jan 2000

  Management Accountant

  • Worked with Logistics Team to Improve Flight Loading Efficiency from 60 % to 70 % by improving Logistics Plan.• Detected a fraud in the inventory due to abnormal usage in the Maldives Plant, which helped to save substantial amount for the Company.• automated the Company’s Manual Ordering System and Linked with Group Centralized Purchasing Unit.• Managed to secure many Export Orders by Placing Competitive Pricing, which helped improve Sales.• Handled the additional Task of Production Planning due to Sudden Resignation of the Planning Manager which helped the Company to continue Operation without any hindrance. Show less

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  Venture International LLC

  Feb 2000 - Aug 2001

  Cost Accountant

  • Assigned to Develop Costing System to the Company and achieved the task within six months.• Automated the Costing System to improve reporting quality with the assistance of In-house IT Team.• Introduced the Line Efficiency System to monitor productivity of production lines, using key parameters of Labor and Machine Timing.• Implemented Control System to reduce garments losses in production lines by Introducing Log Sheets in Key Operations.• Introduced Pre and Post Order-Costing System for the production batches for Corrective Actions.• Worked with team of consultants to Implement Barcode System in the Production Lines. Show less

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  Al Rabie Saudi Foods Co

  Aug 2001 - Dec 2017

  • Provided value-added reporting and analysis to help drive business results, support better business decisions and aid in effective planning.• Supported the senior management team and corporate in developing and maintaining financial analysis and reports.• Analysed balance sheets, P&L, budget variances, and strategic scenarios.• Provided solutions to information need increasing visibility to support better business decisions.• Trained and coached accounting/finance concepts to non-accounting/finance managers.• Updated management report with value-added comparative information and drove p&l analysis.• Prepared accruals, account analysis, reconciliations, and audited contract compliance.• Streamlined the forecasting, budgeting, reporting, and analysis processes.• Coordinated the automation of the pricing tool to provide improved visibility to support business opportunities and drive growth. Show less 1. Accountable for comprehensive financial accounting functions within the plant including the day to day functions of the accounting department.2. Performed weekly and monthly report preparation and distribution of financial operation results to aid in cost reduction and continuously improving operations.3. Assisted in preparing and monitoring yearly budgets and business plans to assure profitability.4. Approved accounts payable for payment.5. Approved final payroll reports and reconciliations.6. Tracked and paid carrier freight bills.7. Analysed all gains and losses after each monthly inventory counting.8. Prepared monthly Balance Sheet, P&L Statement.9. Supervised monthly inventories & analysis variances reports.10. Negotiated vendor volume discounts & ensure compliance.11. Presented monthly financials to the manager.12. Performed preparation, review, and verification of financial information and reports including income and balance sheet statements, consolidated statements.IFS ERP Project Accountant1. Analysed the system specifications, business requirements for full understanding of the IFS ERP Implementation Project. Company is decided to move from Existing Oracle System to IFS ERP system.2. Involved in discussion with the process modeller to include the modification to the Business Process Models from the conceptual to procedural level.3. Followed top down, levelled technique for building Business Process Models.4. Documented requirements to update internal and external users of the New System.5. Communicated with the Business as well as Development participants from different Departments for discussing results, decision-making and planning of the testing processes. Show less

  • Deputy Head of Finance/ Head of Business Process Improvement

    Jan 2016 - Dec 2017

  • Accounting Manager/ Deputy HOF/ IFS ERP Project Accountant-

    Aug 2001 - Jan 2016
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  Grace Lanka Apparels (Private) Ltd

  Mar 2018 - Aug 2019

  Chief Financial Officer

  • Overseeing the Accounting Department and ensuring that accurate accounting records are maintained and issued in a timely manner.• Coordinating efforts with external auditors as they perform the year-end independent audit.• Coordinating the tax return preparation and making every effort to be fully informed on tax matters so that the tax implications on given tax matters can be identified and analysed.• Responsible for the annual budgeting process that includes determining guidelines and preparation.• Responsible for all treasury management functions.• Tracked, calculated, reported, and Paid VAT & Income Tax.• Coordinating annual renewal of property and casualty insurance policies.• Supervising the Credit and Collections Department to set corporate credit policies and establish systems to monitor AR.• Fostering a work environment characterised by mutual respect and effectively handling any disagreements or conflicts that may arise.• Providing direction, defining the priorities, and setting clear expectations for the Accounting Department Show less

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  XITRICON

  Aug 2019 - Feb 2022

  Business Finance Consultant - IFS/ ERP

  • Development of new functionalities services. Applications in the area of reporting, financial accounting and reconciliation are developed. The team caters to the new development request of the business accessing the applications in the area of financial accounting and reporting, reconciliation.• Creating business process flows, use cases, information modelling, data mapping and gathering business requirements.• Meeting with various business stakeholders to understand requirements, prepared story boards and reviewed with business to make sure requirements correctly articulated.• Partner with key business and technology stakeholders to define work deliverables, and project task list.• Involved in reviewing and approving the high level and low-level design documents. Created data point gap analysis documents, meeting with system users, business and key people from cross functional applications.• Conducted daily scrum meetings, stand up a meeting, retrospective meetings, back log review and scrub meeting, iteration planning meeting.• Participated in various release testing meetings and communicated project status and raised any issues to higher management.• Provide functional support for the ongoing project to resolve and rectify the pre, post development issues, queries, and defects logged from business and testing QA. Show less

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  Envecon

  Jan 2022 - Nov 2023

  Finance Functional Consultant

  Finance functional Consultant at A P Muller and Mearsk Shipping APM Terminals (Brazil) of Wow 10 IFS ERP implementation Global Projects. • Providing functional/application support for Project related activities in accordance with the Project methodology.• Conducting Scoping session and preparation of solution designed document.• Defining business requirements, running workshops, conducting business analysis, providing input to system specifications, gap analysis between requirements and ERP functionality, Prepare Functional Specification documents. • Documenting business processes• Planning, designing and testing interfaces and reports for complex ERP applications.• Consulting with users, applications personal support and developers when researching solutions• Gathering location requirements for specific ERP areas and performing system configuration, setup, site reviews; support prototype and integrated systems testing, Key and End User training, go live activities and post go live support Show less

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  Awal AlQoutouf Trading Co. (AQT)

  Aug 2023 - now

  Finance and Business Transformation Manager