Adi Narayan

Adi Narayan

Chief Financial Officer

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location of Adi NarayanGreater Sydney Area

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  • Timeline

  • About me

    Director of Finance at Parklands Power Products Australia Pty Ltd

  • Education

    • The University of The South Pacific Fiji

      1976 - 1980
      Bachelor of Arts (BA) Accounting and Finance B+

      Activities and Societies: President of Students Association. Team leader of Oratory debate. Part of audience quiz competition. Member of Economic planning board of Fiji. Graduated with a Bachelor of Arts degree with a major in accounting and Financial management.I was also chosen to study for Business Law and Taxation law at the time University was on trial to introduce Law courses. In 1985 won a United Nations Scholarship to study for a Masters degree in Australia. Completed a degree in Master of Economics with a major in Business and Financial Management and Australian taxation law in 1986. Returned to Fiji in 1987 and started lecturing on commercial… Show more Graduated with a Bachelor of Arts degree with a major in accounting and Financial management.I was also chosen to study for Business Law and Taxation law at the time University was on trial to introduce Law courses. In 1985 won a United Nations Scholarship to study for a Masters degree in Australia. Completed a degree in Master of Economics with a major in Business and Financial Management and Australian taxation law in 1986. Returned to Fiji in 1987 and started lecturing on commercial subjects for second year students at the University of the South Pacific, Fiji. Show less

    • University of New England (AU)

      1985 - 1986
      Master of Economics Accounting and Business/Management

      Activities and Societies: Debate team, Oratory, Discussion on Economic issues, Discussions on CEO'S of corporations being overpaid in Australia compared to their productive hours at work. My argument even today is no one is worth $20M or $30M per year. If CEO's want that pay than the condition is if the company goes down they should pay back 80% of last three years pay. MASTER OF ECONOMICS WITH A MAJOR AIN BUSINESS AND FINANCIAL MANAGEMENT

  • Experience

    • The University of the South Pacific, Fiji

      Jan 1984 - Jul 1989
      Chief Financial Officer

      Lead and advice Finance committee and Board on Financial MattersManage overall Financial accounting & Payroll FunctionsPrepare Annual Budgets, Annual Accounts & Monthly Management Reports.Monitor Cash Flow and Three Months Forecast regularlyLiaise with Funding Governments and Embassies on timely receipt of funds .Administer Staff Superannuation Funds.Responsible for Project Costing and EvaluationSupervise and train staff in computerized accounting system Continually Review and improve Internal Control Procedures, systems and technology. converted manual accounting systems to computer based. Ensure compliance and maintain integrity of financial functions Show less

    • Clyde Industries Group of Companies Pty Ltd

      Sept 1989 - Dec 2003
      Corporate Accountant

      Prepared Consolidated Monthly Management Accounts and Half-Year and Year End Statutory , Accounts and Tax returns . Prepared Monthly Management and Year End Financial Accounts for B & D International , B & D Singapore, Malaysian Joint Venture, R & D, Marketing and Admin Cost centers. Coordinated, prepared & managed monthly performance reports. Analysed & prepared commentaries on variances after investigating significant causes. Identified and assessed emerging trends & provided strategic plans for corrective actions. Provided advice to senior Managers on Sales demand and stock levels to ensure continuity of Stock supply. Advised on Low margin high volume products & on inefficient Sales Reps. Coordinated and managed preparation of Annual budgets and rolling Forecasts. Prepared and reviewed Group Insurance declarations, FBT, Sales Tax, Group Tax, Payroll Tax and Workers compensation returns. Monitored daily Cash Flows. Maintained Systems and General Ledger Reconciliation's and Fixed asset register. Liaised and Coordinated with Divisional Accountants, Parent Company Accountants and Financial Controller on day to day matters and in month and Year end reporting. Initiated and implemented the system of National accounting Approach, and reporting by product and branches and achieved efficiency Show less

    • PARKLANDS POWER PRODUCTS (AUST) PTY LTD

      Jan 2004 - now
      Director Of Finance And Administration
    • WHOLESALER

      Jan 2004 - now
      DIRECTOR OF FINANCE

      provide business and financial management support and advise on strategies to steer company on profitable path.

    • Parklands Power Products Australia Pty Ltd

      Jan 2004 - now
      Director of Finance

      Prepare Budgets. Produce timely Financial reports and provide analysis and trends. Advise Board of directors on suitable business strategy to succeed. Report on low performing products and managers. Advise on diversification. Provide sales and Margin analysis by Territory , by Sales Rep, By Dealer and By product. Always kept a close guard on low performing areas. Prepare fringe benefit tax returns and year end statutory reports. Manage insurances and asset register. Work closely with Sales and marketing team keeping a close watch on product costings and selling prices, discounts and specials.Recruit, train and manage staff issues. Show less

  • Licenses & Certifications

    • Master of Economics and PNA

      University of New England, Armidale.