Sunil Mana - FCCA

Experience

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  Ernst & Young Kuwait

  Aug 2004 - May 2012

  Key responsibilities:•Managing client relationship, planning, executing, monitoring and concluding assignments.•Preparation of engagement budgets, team building, work flows and timeline scheduling, assessing the need for involving other departmental experts (Tax, Valuation, IT etc), and coordinated with other teams in case of multi-location audits. •Devise Audit Strategy, arrange and present in the kick-off, progress update and conclusion meetings.•Prepared the Work Program for each area and assigned responsibilities to team members.•Understand client business, assessed the control environment, policies and procedures and physical controls. Perform audit risk assessment. •Monitor and review the work performed by the audit team.•Ensure that all audit finding are accurately and completely documented. •Review draft financial statements provided by the clients, ensuring adequacy of disclosures in accordance with requirements of Standards and other rules issued by the regulatory bodies. •Review other final deliverable, including management letters. •Ensure filing and archiving requirements have been completed •Track assignment's progress against timeline and budgets and regularly report to senior management.•Coach and supervise staff, appraise their performance and provide recommendations for promotions or rewards.•Contributed in the recruitment process, for permanent and temporary associate staff.•Participated in presenting internal Technical Training courses.Major achievements:•A track record of continually exceeding budgeted profit targets. •Always achieved excellent performance ratings.•Supervised major and complex audits, received words and letter of appreciation for exceptional efforts.•Member of the banking and other financial sector team of experts within EY Kuwait.•Recognized as a point of reference on many queries pertaining to IFRS, ISA, GAM and audit tools. Show less Key responsibilities:•Managing client relationship, planning, executing, monitoring and concluding assignments.•Preparation of engagement budgets, team building, work flows and timeline scheduling, assessing the need for involving other departmental experts (Tax, Valuation, IT etc), and coordinated with other teams in case of multi-location audits. •Devise Audit Strategy, arrange and present in the kick-off, progress update and conclusion meetings.•Prepared the Work Program for each area and assigned responsibilities to team members.•Understand client business, assessed the control environment, policies and procedures and physical controls. Perform audit risk assessment. •Monitor and review the work performed by the audit team.•Ensure that all audit finding are accurately and completely documented. •Review draft financial statements provided by the clients, ensuring adequacy of disclosures in accordance with requirements of Standards and other rules issued by the regulatory bodies. •Review other final deliverables, including management letters. •Ensure filing and archiving requirements have been completed •Track assignment's progress against timeline and budgets and regularly report to senior management.•Coach and supervise staff, appraise their performance and provide recommendations for promotions or rewards.•Contributed in the recruitment process, for permanent and temporary associate staff. Show less

  • External Auditor

    Mar 2008 - May 2012

  • External Auditor

    Aug 2004 - Feb 2008
• 

  Al-Kazemi Group

  May 2012 - now

  Group Head of Finance & Accounting

  Al-Kazemi Group is a Conglomerate with business in Shipping & Logistics, Contracting, Travel & Tourism, Hospitality and Food Manufacturing. Reporting to the President and Managing Director my key responsibilities includes:•Administered the day to day operations of the finance, accounting and treasury functions. •Effectively managed the business cashflows ensuring smooth running of operations. •Spearheaded the preparation of annual budgets for all division and ensured monthly reporting to management. •Analyzed, interpreted and presented financial performance and position to executive management and recommend areas for improvements. •Recommended senior management on various strategies and capital budgeting requirements. •Analyzed the operations and identified constraints or inefficiencies, suggest improvements and cost-reduction opportunities to the management.•Supervised the cost accounting functions and ensured that accurate and complete product costing is achieved and provided product pricing strategies to management. •Managed the Groups risk environment and ensure adequate controls are in place to prevent, detect or mitigate risks, as appropriate.Major achievements:•Managed the Group restructuring thereby increasing shareholders confidence in the business.•Track record of continuous business wins, resulting in incremental annual revenue of over USD 750k.•Managed to secure a new major line of credit and negotiated debts restructuring from Banks.•Successfully turned around a Division with strategic inputs in product mix, pricing, production process, credit cycle and cost reductions, resulting in an annual incremental profit of more than 28%.•Improved the working capital requirements of the Group by streamlining the inventory, debtors and creditors management. •Coached, mentored and developed finance team of over 20 staff to drive organizational success. Show less