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Velu Sashi Poomani

Um Al Hassam Manama, Bahrain

Phone: xxx-xxx-xxxx

Email: xxx@xxxx.xxx



  • Looking For: Finance Manager, Senior Accountant

  • Occupation: Business and Finance

  • Degree: Professional Degree

  • Career Level: Experienced

  • Languages: English, Hindi, Tamil, Marathi

Career Information:

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Highlights:Self-motivated and multi-skilled professional contributing over 20 years in varied business sectors including almost 18 years of international experience Possess valuable insights, keen analysis and team approach to set priorities, adept at working in high pressure environments with strict timelines and multiple deliverables. ? Extends diverse and cross functional experience in steering entire aspects of finance & accounts, taxation, auditing and statutory compliance. ? Demonstrated expertise in project accounting, contract management and asset management including cash flow management, budgeting and ensuring cost control. ? Well versed in financial accounting processes, reporting & accounting standards (IFRS and US GAAP) with technical skills in MS Office Suite, MS Great Plains (ERP-Solution) and FocusV6. ? Team leader / player, an efficient communicator, combining sound interpersonal, motivation, analytical and leadership skills to enhance organizational performance.

Skills:Financial accounting, Financial Management, Taxation, Cash Flow Management, Contract Negotiation

Goal:To grow in a progressive organization as a Finance manager where the blend of my experience and enhanced educational skills can help in achieving the goals of the company. I would like to exploit my potential and sense of obligation for the benefit of the organization.

Membership:AICPA

Certification:CPA & CGMA


Experiences:

Finance Manager 02/2008 - 08/2017
Condor Technology WLL, Manama, Manama Bahrain
Industry: ICT
Company Profile: The Company is based in Bahrain with a recently opened branch office at New Jersey, USA, dealing in ICT (Information Communication Technology) business involving in subsequent supply, installation, consultancy, engineering and designing small and large scale projects in Bahrain and US Defense Forces sites at Iraq, Afghanistan, Kuwait, Saudi Arabia, UAE and Qatar.
? Co-ordinate and oversee the Department Managers in the administration of the financial affairs of the company in accordance with policies and plans established and approved by the CEO and Executive Board management. ? Manage the overall financial requirement of the company with Bank for Working Capital, Trade Finances and all other Banking needs and maintain an appropriate Banking relationship. ? Evaluate and advise on the impact of financial long-term goals, strategies, plans and policies. ? Overall efficient operation of financial affairs. ? Enhance and/or develop, implement and enforce financial policies and procedures by way of systems that will improve the overall financial operation and effectiveness of the company. ? Develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs. ? Analyze company operations to pinpoint opportunities and areas that need to be expanded, reorganized, downsized or eliminated. ? Study long-range company economic trends and projects prospects for future growth in overall development and opportunities for expansion into new product lines. Estimate requirements for capital, land, buildings and increase in the workforce. ? Develop credibility for financial department by providing timely and accurate analysis of budgets, financial reports and financial trends in order to assist the CEO in performing his responsibilities. ? Manage the preparation of all financial reports, including payroll statements, balance sheets, reports for the CEO and Board members, and audits and other reports for governmental regulatory agencies. ? Convene and conduct meetings of Department Managers and other appropriate employees, as required; to provide technical financial advice and knowledge within the financial discipline. ? Manages the Financial department, budget preparation and internal audit functions. ? Participate in continual improvement of the budgeting process through education of department General Managers/Managers on financial issues impacting their budgets.--
Finance and Accounting Manager 08/2004 - 01/2008
Business Communication Services WLL, Manama, Manama Bahrain
Industry: ICT
Business Communications Services WLL, Manama (Bahrain) Finance & Accounting Manager (Aug 2004 – Jan 2008) Company Profile: An ICT (Information Communication Technology) company involving local projects and overseas US defense projects in the Middle East at various bases.
? Maintain a documented system of accounting policies and procedures ? Maintain and assist to evaluate and control the financial outcome of outsourced functions ? Maintain and assist in the design of an organizational structure adequate for achieving the department's goals and objectives ? Forecast cash flow positions, related borrowing needs, and available funds for investment ? Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements ? Maintain banking relationships ? Assist in determining the company's proper capital structure ? Recommend appropriate dividend issuances, based on historical dividend patterns and expected cash flows ? Manage the preparation of the company's budget ? Report to management on variances from the established budget, and the reasons for those variances ? Assist management in the formulation of its overall strategic direction • Engage in ongoing cost reduction analyses in all areas of the company • Review the performance of competitors and report on key issues to management • Engage in benchmarking studies to establish areas of potential operational improvement • Assist in Interpreting the company's financial results to management and recommend improvement activities • Review company bottlenecks and recommend changes to improve the overall level of company throughput • Participate in target costing activities to create pricing that meets predetermined price goals • Assist in the determination of pricing in relation to features offered and competitor pricing • Compile key business metrics and report on them to management • Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis • Create additional analyses and reports as requested by management--
Accountant 03/1998 - 04/2004
Horizon Garments Factory WLL, Manama, Manama Bahrain
Industry: Garments Manufacturing
A leading company in Bahrain, involved in manufacturing garments and exporting to US markets
? Maintain a documented system of accounting policies and procedures ? Maintain and assist to evaluate and control the financial outcome of outsourced functions ? Maintain and assist in the design of an organizational structure adequate for achieving the department's goals and objectives ? Forecast cash flow positions, related borrowing needs, and available funds for investment ? Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements ? Maintain banking relationships ? Assist in determining the company's proper capital structure ? Recommend appropriate dividend issuances, based on historical dividend patterns and expected cash flows ? Manage the preparation of the company's budget ? Report to management on variances from the established budget, and the reasons for those variances ? Assist management in the formulation of its overall strategic direction • Engage in ongoing cost reduction analyses in all areas of the company • Review the performance of competitors and report on key issues to management • Engage in benchmarking studies to establish areas of potential operational improvement • Assist in Interpreting the company's financial results to management and recommend improvement activities • Review company bottlenecks and recommend changes to improve the overall level of company throughput • Participate in target costing activities to create pricing that meets predetermined price goals • Assist in the determination of pricing in relation to features offered and competitor pricing • Compile key business metrics and report on them to management • Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis • Create additional analyses and reports as requested by management--

Education:

ML Dhanukar College of Commerce and Economics 06/1993 - 06/1996
Mumbai, Maharastra, India
Degree: Bachelor's Degree
Major:Accounting, Auditing, Taxation and Economics
Minor:Business Law
BCOM - Mumbai University


Delaware State Board 09/2008 - 03/2011
, , United States
Degree: Professional Degree
Major:Financial Accounting, Auditing, Regulation and Business Law
CPA - Certified Public Accountant

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