Senior Management Professional with 13+ years primarily with EY
  • Mergers and Acquisitions
    • Created 100+ presentations / proposals / pitches for client executives and boards for seeking the work and for providing financial and strategic advice.
    • Performed 50+due diligences including industry and product research, and created 10+information memorandum (“IM”) for clients.
    • Worked across full M&A lifecycle – preparing the firm for sale, identification of value drivers, identification of buyers, drafting of IM, due diligence, evaluation of bids, SPA review and close of transaction.
  • Financial analysis, financial modeling, business valuation and appraisal:
    • Assisted in detailed financial analysis (including analysis of historical performance, performance vs. budgets for both financial and operational performance, compliance with IFRS) as a part of various due diligences and restructuring
      • Mergers and Acquisitions
        • Created 100+ presentations / proposals / pitches for client executives and boards for seeking the work and for providing financial and strategic advice.
        • Performed 50+due diligences including industry and product research, and created 10+information memorandum (“IM”) for clients.
        • Worked across full M&A lifecycle – preparing the firm for sale, identification of value drivers, identification of buyers, drafting of IM, due diligence, evaluation of bids, SPA review and close of transaction.
      • Financial analysis, financial modeling, business valuation and appraisal:
        • Assisted in detailed financial analysis (including analysis of historical performance, performance vs. budgets for both financial and operational performance, compliance with IFRS) as a part of various due diligences and restructuring engagements.
        • Led discussions with the management teams of various businesses to identify the key sources of variances and reporting the same to the senior management teams of clients including government bodies, large business groups and private equity investors.
        • Assisted in business valuation using multiple valuations methods including DCF and comparable approach.
      • Working capital and cash management:
        • Conducted detailed analysis of working capital and cash flows aimed at identifying the normalized working capital, cash management and optimization planning.

      Restructuring: Assisted in financial restructuring of one of the largest companies in Kuwait engagements.

    • Led discussions with the management teams of various businesses to identify the key sources of variances and reporting the same to the senior management teams of clients including government bodies, large business groups and private equity investors.
    • Assisted in business valuation using multiple valuations methods including DCF and comparable approach.
  • Working capital and cash management:
    • Conducted detailed analysis of working capital and cash flows aimed at identifying the normalized working capital, cash management and optimization planning.

Restructuring: Assisted in financial restructuring of one of the largest companies in Kuwait

Last Resume Update December 15, 2018
Address DUBAI, United Arab Emirates
E-mail Locked
Phone Number Locked
Website Locked

Experience

MBM Consulting
CEO & Executive Director
Mar 2018 - Current

OPERATIONS
VAT Services
• Leading several UAE VAT engagements in sectors such as trading, services etc.
• Conducted gap analysis, planning & implementation and monitoring & post implementation support for VAT.
• Monthly and quarterly compliances and filing of VAT returns on behalf of the clients.
Accounting and Monthly Reporting Services
• Ensuring accurate monthly closing for MBM Consulting for budgeting and reporting purposes to the investors.
• Monthly closing and reporting to clients engaged in the businesses of interior decoration, bakery and fashion industry.
• Rendering consultancy to the senior management in evaluating and interpreting financial reports and other statutory regulations to ensure seamless operations
Audit and Assurance Services
• Leading several audit engagements in sectors such as equipment trading, restaurant, spare parts sales, service provider etc.
Advisory and Internal Audit Services
• Buy side due diligence and valuation of an insurance broking company;
• Purchase price allocation of one of the most prestigious financial brokerage companies in the Middle East;
• Internal controller services for an insurance broking company; and
• Debt advisory or fund raising advice to our clients.
BUSINESS DEVELOPMENT
• Attend meetings with various business owners to develop the business;
• Presentation in conferences such as presentation on VAT for Start-ups on recently organized Accounting Show in Dubai;
• Attend various networking events to develop connections for the firm; and
• Partner with various firms to develop the business.
REPORTING TO STAKEHOLDERS
• Report the monthly performance to stakeholders of the Company;
• Report the key issues faced by the operations of the Company.
STRATEGIC PLANNING AND BUDGETING
• Assist in formulating the company's future direction and supporting tactical initiatives
• Monitor and direct the implementation of strategic business plans
• Manage the capital request and budgeting processes
• Develop performance measures that support the company's strategic direction
PEOPLE MANAGEMENT
• Set job responsibilities of all employees in the organization, manage their performance, train and coach for desired results;
• Provide timely feedback including constructive criticism and corrective course of action of action for their development.

Ernst & Young
Assistant Director
Nov 2010 - Feb 2018

• Provide solutions (through deal documents or deal structure) to identified issues; take into consideration client and target attributes;
• Identify potential issues and suggest amendments to the client;
• Provide a comprehensive understanding of current accounting standards that could impact the transaction (e.g., IFRS, carve-outs) in order to develop thorough assessments of issues identified through due diligence;
• Effectively assess/analyze client valuation models and provide meaningful feedback that impacts transaction pricing and/or purchase/sale agreement;
• Identify basic gravitas at client/target meetings and confidently communicate deal issues and respond to client queries;
• Provide explanations of earnings, cash flows and transaction pricing implications of “one-off” or non-recurring matters and demonstrate an understanding of planned synergies and additional resource requirements (e.g., identifies standalone costs) impacting the client’s deal pricing decisions.

Ernst & Young Kuwait
Engagement Auditor
Nov 2008 - Oct 2010

• Conducting audits in accordance with International Standards on Auditing.
• Drafting financial statements in compliance with IFRS.
• Financial analysis of client’s data using EY data analysis tools.
• Evaluating controls and risks related with various accounting practices and business line processes and reporting results to persons charged with governance.
• Performance of extensive testing to make sure adherence to IFRS, corporate policies, procedures, regulatory requirements, and maintained effectiveness of the control.
• Assisting clients with routine accounting functions.
• Identify issues for reporting in the management letter, and other communications with management, and drafts the final documents for review by manager
• Developing and maintaining relationships with client.
• Preparation of budgets vs actual and analysis of variance.

Xchanging Technology Services India Pvt. Limited
Executive
Apr 2008 - Oct 2008

• Responsible for financial analysis and monthly reporting (MIS) for this subsidiary of U.K. firm, including: monthly and year-end reporting & analysis; ad-hoc analyses; tax returns; statutory annual financial statements; Indian tax-compliance reporting using SAP.
• Responsible for timely payments of vendors.
• Responsible for fixed assets maintenance and insurance.
• Responsible for standardization of the payment process to improve the payment delay of vendors.
• Approving of Purchase requisition and Purchase order in SAP.

S Talwar and R K Chari & CO
CA Trainee
May 2005 - Apr 2008

• Day to day accounting and monthly management reporting to the foreign offices for the two companies.
• Submission of Statutory Dues such as Tax Deducted at Source, Service Tax & Fringe Benefit Tax and timely filing of returns.
• Compliance of Reserve Bank of India requirements relating to share issue to a foreign company or foreign resident.
• Compliance with Ministry of Corporate Affairs relating to all issues including name approval, submission of annual return, appointment of directors, name change etc.
• Perform internal, tax and statutory audits of the companies, which were the clients of the firm.

Education

Institute of Chartered Accountants of India
Chartered Accountancy
Jan 2003 - Apr 2008
Lucknow University India
Bachelor of Commerce
Apr 2002 - May 2005

Contact Candidate

Login or register as Employer to contact this candidate.