akannan ca@yahoo.co.in

  • UAE
  • akannan_ca@yahoo.co.in
  • +971506047900
  • March 18, 1973

About Me

Dear Recruiter,



Position:  Group Financial Controller/ Senior Internal Auditor / Chief Financial Officer


Qualified Indian CHARTERED ACCOUNTANT CA and having 23 years in-depth post-qualification experiences in Finance, Accounts Finalization, Banking, Internal Audit, International Taxation, Budget, Procurement, Inventory, Tendering, Funds planning, VAT, ERP implementation, SAP, Custom department, Forecasting, Group Consolidation, Trade Finance, Working Capital, Large Payroll, Merger & Acquisition, Due Diligence, Internal Controls, IFRS, GAAP, Contract Finalizations, HR, and Administration.


Industry Exposures Civil Aviation, International Airport, Aerospace, Manufacturing, Oil and Gas, Service Industry, FMCG, Trading, Construction, Interior Fit-out, Joinery, Precast, Retail, Property development, Rental, Restaurants (F&B), Hospitality in multi-national work environment in the UAE & East Africa. An effective communicator with exceptional inter-personal, analytical and presentation skills.  Good team player and could lead, motivate, and enforce any team to work under pressure to achieve the desired results.


Thanks, and Warm Regards,

Kannan Achariyam.  Chartered Accountant – CA

Current Location:  UAE

Mobile:  +971 50 604 7900   IMMEDAITE AVAILABLE

Website URL: https://www.linkedin.com/in/kannan-achariyam-6780b421/

Video CV: https://www.youtube.com/watch?v=9DSc6AuCjWY

Email Id: akannan_ca@yahoo.co.in   and majalkannan@yahoo.co.in









Work & Experience


02/02/2021 - 03/14/2023

Duties & Responsibilities:  Head of Accounts, Finance, Procurement , Stores and Acting Internal Auditor  Working together with Govt. Dept. auditor & External Auditor (Deloitte – Big4)  Responsible for Budget, Finalisation , Commercial Proposal, Commercial focused Finance Manager  Accountability to Leasing / Renting activates, Flight Operation / Cargo Operation  Perform risk management by analysing liabilities and investments  Decide on investment strategies by considering cash and liquidity risks  MRO, Aerospace, Property let out, Parking, Ground Service Handling, Flight Operation.  Implementation of Oracle Financials. Drive the company’s financial planning.  Perform risk management by analysing liabilities and investments  Decide on investment strategies by considering cash and liquidity risks  Holding in-depth knowledge of corporate financial law and risk management practices  Solid knowledge of data analysis, forecasting an analytical mind, comfortable with numbers Achievements:  Financial Analysis and Reporting Enhancements: Created discipline in the monthly closing and reporting process. Budgeting: Ownership of the annual cash budgets and ensured the successful implementation of the same to achieve the company’s financial objectives.  Key Customer Presentations: Liaison with key customers assisting sales personnel to present the value proposition resulting in awarding of contracts.  Strategic Business Planning Process: Actively participated and influenced the global business planning process. Addresses the critical investments required for the future success of the company based on the industrial level technology road map and identified solutions.  Working Capital Management: Closely focuses with operations teams with rationalization of credit policies and payment terms.  Invoicing and Collections: Monitoring the invoicing monthly and follow up for collections from the customers.  Cash Flow Improvement: Reduced the cash operating cycle by 20 days by improving DSO, DPO and inventory levels. Created a more stringent process for evaluation and approval of capital spending.  ERP Implementation: Actively involved in the successful implementation of Oracle and integrated with the Corporate Business Solutions.  Operational Support: Mastered in evaluating the tenders and other commercial proposals.  Taxation: Positioning the company in terms of Company law, Investment Law, Taxation, and other laws of the respective country and liaison with consultants.


01/01/2014 - 12/30/2020

Duties & Responsibilities:  Accountable for submitting of Commercial Bids and considering ROI and market rates to get success. Managing Treasury, Arranging Letter of Credit, Bills discount, Guarantee bonds.  Validate regular payment certificates approve invoices, ensure compliance with contract payment terms. Review the insurances, advance guarantees, retention guarantees, Performance Bonds of sub-contractors.  Assess and evaluate financial performance of an organisation with regard to long term operational goals, budgets and forecasts. Provide insights and recommendations to both short terms and long term growth plan of organisation.  Create and establish regular financial objectives that align with the organisation plan for growth and expansion. Have exposures to handle Holding & Subsidiary companies consolidation and relation.  Implement policies, procedures and process as deemed appropriate by the senior leadership team.  Prepare and present regular financial budgeting reports including monthly profit and loss by division, forecast vs Budget by division and weekly cash flow by division.  Review and analyse monthly financial results and provide recommendations  Enhance and implement financial and accounting systems, processes, tools and control systems  Formed the JV (Joint Ventures) organisation and reported the accounts with dual managements.  Effectively communicate with project manager for variance orders. Prepare all monthly end, yearend capex related schedules. Review the project cash, prepare the monthly consolidated cash flow, VAT audit, external and internal audit requirements. Achievements:  Handled effective preparation and presentation of company budget to Board of Directors. Keep the control of Receivable within the approved credit terms with each customer. - Simplified the process to time & Improvement in Cash Flow.  Regular price negotiation with leading suppliers of the company. Keeping eye on all the aspect of expense for the Cost Control without affecting quality of the business. Effective team player to get ISO certification. Liaised with the Internal / External Auditors with leading Big4 auditors - PWC / KPMG and finalized the audit within time frame.  Internal Audit Exposures - Report’s risk management issues and internal controls deficiencies identified directly to the audit committee and provide recommendations for improving the organization’s operations, in terms of both efficient and effective performance


08/07/2007 - 12/31/2013

Responsibilities & Achievements:- Overview of all Finance Activity of Projects business, Creating and evaluating Capex proposals  Risk Management and Assessment & Lead the budgeting and business planning exercise  Drive dashboards for Financial analysis, including preparation of variance analysis  Review and enforce the commercial terms of contracts. Cash Flow management. Review of outstanding payments, accounts receivables and raise flags appropriately (External Auditor: KPMG)  Compliance to all statutory and legal requirements and representing the Company in all legal matters. Handling statutory and other taxation related matters. Ensuring all internal policies are adhered. Operational Efficiency & Systems improvement towards revenue and profit enhancement. Knowledge of Import / Export regulations



Financial Planning Controls & Policies Tendering & Cash Flow Projection TAX, VAT, WHT, Corporate Taxation General Accounting & Strategy Financial Reporting & Accounting Business Planning & Feasibility Studies Trade Finance & Banking Large Payroll Process Supply Chain, Inventory Controls, Custom and Excise Duty Diversification & Digital Reporting Duties, Taxes & Internal Controls Joint Venture, Subsidiary & Branch Review of Balance Sheet and P&L Insurance & Strive Company Growth Corporate Project Finance Month end Close & PL Accountability Group Level Consolidation IFRS & US GAAP Project based accounting. Internal Audit & Management Monthly MIS Reporting, Controls Merger & Due Diligence Analytical & Numerical Skills Financial Analysis Commercial & Reconciliation Budgeting & Forecasting Software SAP, ERP & Oracle Costing accounts & Variance Analysis ISO , ROI, KPI & Business Review Risk Assessment Credit Management Investment Legal & Compliance Leadership

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