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Basanth Madhavan
P.O. Box. 97485 – Dubai-UAE
Tel : Mobile No. +971 50 5510359
Email : basanth2318@gmail.com
Professional Objective
Finance Manager
Executive Profile
Financial Management professional with over 10 years of experience in the UAE and 10 years in Kuwait in corporate financial
operations management with eye for attention to detail & having emphasis on bottom-line for leading company from RETAIL
Industry.
 Proven ability to improve operations, impact business growth and maximize profits through achievements in finance
management, cost reduction, internal controls, and productivity/ efficiency improvements.
 Strong analytical skills coupled with an impressive commitment to excellence and an ability to drive efficiency and financial
performance improvements. Skilled negotiator and relationship builder, able to secure favorable terms and guide teams
through complex dealings.
 Effective communication /interpersonal skills and a team player; interact positively with a wide range of people, and
establish relationships based on respect. Able to motivate personnel to high performance standards and excellence.
Key Financial Management Skills
 Trade Finance Corporate Planning, Budgeting & Forecasting
 MIS / Financial Reporting Executive Leadership & Supervision
 Audit Management Bank Negotiations & Relations
 Cost Containment & Profit Management
Key Achievements
 Took lead roll and successfully implemented Oracle Financials in the business.
 Successful in implementing standard policies and procedures in all operating markets.
 Successful in negotiating with bank on bank charges and credit card commission.
 Great control over credit card receivable,supplier payments and bank reconciliation through successful
automation of Accounts Receivable/payable and bank data.
 Developed various reports to analyse the cost, thereby easy cost monitoring and control over expenditures.
 Implemented electronic filing system and reduced the paper flow bear minimum.
 Managed massive expansion of the business and volume of work without increasing staff head counts by using
the system at its optimum.
 Considerable reduction in lead-time between the completion of accounting for audit and the actual starting of the
audit activity.
Work History
SYH Retail General Trdg LLC – Al Homaizi Group Apr-14 – to date
Finance Manager Dubai
Oversee all accounting and Finance function. Preparation and analysis of all Financial reports and monitor the cash flow.
Present the financial report to the senior Management. Provide required suggestions and recommendations. Preparation of
various scenarios for the upcoming business. Deal with the banks and insurance companies.
Work History
Greenfields Agriculture Co. W.L.L (Al Hajery Group) May-08 – to Feb-14
Finance Manager Kuwait
 Direct all finance, accounting functions of this leading Trading & contracting company. The main focus of responsibility is to
provide leadership and direction in the management of financial and accounting functions of the Company. Responsible for
management of company, Finances, Accounts, Audits, Systems & Procedures, Internal Controls, MIS, P& L performance,
Trade Finance (L/Cs/ Guarantees), Payroll, Fixed Assets, Inventory, A/P & A/R, and Banking. Currently in the process of
reviewing and setting up the new process and implementing new ERP system.
Work History
M.H.Alshaya Co.W.L.L Apr-1993 – Apr-08
Finance Manager UAE & Kuwait
Direct all finance, accounting functions of this leading Retailer operates more than 1300 outlets all over the Middle East, Russia,
Turkey and Central Europe producing Multi Million$ in Gross sales revenue. The main focus of responsibility is to provide leadership
and direction in the management of financial and accounting functions of the Company. Directly supervise a team of 16. Key
member of ‘Oracle Financials’ implementation team. Report to Financial Controller.
Key Accountabilities:-
 Responsible for management of company, Finances, Accounts, Audits, Systems & Procedures, Internal Controls, MIS,
P& L performance, Trade Finance (L/Cs/ Guarantees), Payroll, Fixed Assets, Inventory, A/P & A/R, and Banking.
 Support the Sr.Financial Controller and Director-Finance in planning, development and implementation of Accounting/
Financial Policies & Procedures including MIS & Management Reporting.
 Coordinating with various department heads to resolve issues in different countries.
 Liaise with Banks and credit card companies in all operating and new upcoming countries.
 Scrutinizing Nominal Ledger, compare actual vs budget and expense analysis.
 Responsible for finalization of annual accounts and reporting as per company reporting rules & International Accounting
Standards.
 Analyze financial accounts to provide detailed reports of fiscal health of the company to the Senior Management. Analyze
company’s financial records to forecast future financial position and budget requirements.
 Accountable for the development and management of company’s annual estimates and budget including variance
analysis.
 Preparation of monthly/quarterly expense analysis spreadsheets to inform management of opportunities to decrease
expenses.
 Periodic visit to other operating countries to oversee the finance function and give required guidance and training to the
staff.
 Acts as a Finance champion to train all Accountants on the Oracle Financial. Recommends system enhancements to
automate or meet changing business needs, participates in the developments process.
 Liaise with the Auditors for the Annual Audits.
 Manage and maintain Accounting information on ‘ORACLE FINANCIALS”
BPL India Limited – India 1990 – 1992
Accountant India
Manage the accounting operation of this leading company having business interest in Consumer Electronics. The main focus of
responsibility was to handle financial and accounting functions of the Company. Report to the Chief Accountant.
Key Accountabilities:-
 Responsible for Accounts, Audits, P& L performance, Fixed Assets, Inventory, A/P & A/R, and Banking.
 Assisted the Chief Accountant in all accounting, financial matters, preparation, and analysis of various management
reports.
 Responsible for finalization of annual accounts and reporting as per company reporting rules & International Accounting
Standards. Liaised with the Auditors for the Annual Audits.
Academic & Professional Qualifications
CMA - Pursuing
Master of Commerce- Course completed
Bachelor of Commerce - 1989
From Calicut University
Training Programs
Leadership Evolution Program.
Technical Skills
Proficient in the use of:Accounting system-Oracle Financials, Kerridge & Scala(All Modules), MS-Office-(Word/Excel PowerPoint),
Outlook, Analytical tool- Business Object and Adytum. Completed ‘Oracle Discoverer4i” SQL course with grade A+
Personal Details
Nationality : Indian
Date of Birth : 30-5-1969
Languages : English / Hindi
Driving Licence : Holding valid GCC Driving Licence
Visa Status : Transferable Employment visa
CV-BM

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CV-BM

  • 1. Basanth Madhavan P.O. Box. 97485 – Dubai-UAE Tel : Mobile No. +971 50 5510359 Email : basanth2318@gmail.com Professional Objective Finance Manager Executive Profile Financial Management professional with over 10 years of experience in the UAE and 10 years in Kuwait in corporate financial operations management with eye for attention to detail & having emphasis on bottom-line for leading company from RETAIL Industry.  Proven ability to improve operations, impact business growth and maximize profits through achievements in finance management, cost reduction, internal controls, and productivity/ efficiency improvements.  Strong analytical skills coupled with an impressive commitment to excellence and an ability to drive efficiency and financial performance improvements. Skilled negotiator and relationship builder, able to secure favorable terms and guide teams through complex dealings.  Effective communication /interpersonal skills and a team player; interact positively with a wide range of people, and establish relationships based on respect. Able to motivate personnel to high performance standards and excellence. Key Financial Management Skills  Trade Finance Corporate Planning, Budgeting & Forecasting  MIS / Financial Reporting Executive Leadership & Supervision  Audit Management Bank Negotiations & Relations  Cost Containment & Profit Management Key Achievements  Took lead roll and successfully implemented Oracle Financials in the business.  Successful in implementing standard policies and procedures in all operating markets.  Successful in negotiating with bank on bank charges and credit card commission.  Great control over credit card receivable,supplier payments and bank reconciliation through successful automation of Accounts Receivable/payable and bank data.  Developed various reports to analyse the cost, thereby easy cost monitoring and control over expenditures.  Implemented electronic filing system and reduced the paper flow bear minimum.  Managed massive expansion of the business and volume of work without increasing staff head counts by using the system at its optimum.  Considerable reduction in lead-time between the completion of accounting for audit and the actual starting of the audit activity. Work History SYH Retail General Trdg LLC – Al Homaizi Group Apr-14 – to date Finance Manager Dubai Oversee all accounting and Finance function. Preparation and analysis of all Financial reports and monitor the cash flow. Present the financial report to the senior Management. Provide required suggestions and recommendations. Preparation of various scenarios for the upcoming business. Deal with the banks and insurance companies. Work History Greenfields Agriculture Co. W.L.L (Al Hajery Group) May-08 – to Feb-14 Finance Manager Kuwait  Direct all finance, accounting functions of this leading Trading & contracting company. The main focus of responsibility is to provide leadership and direction in the management of financial and accounting functions of the Company. Responsible for management of company, Finances, Accounts, Audits, Systems & Procedures, Internal Controls, MIS, P& L performance, Trade Finance (L/Cs/ Guarantees), Payroll, Fixed Assets, Inventory, A/P & A/R, and Banking. Currently in the process of reviewing and setting up the new process and implementing new ERP system.
  • 2. Work History M.H.Alshaya Co.W.L.L Apr-1993 – Apr-08 Finance Manager UAE & Kuwait Direct all finance, accounting functions of this leading Retailer operates more than 1300 outlets all over the Middle East, Russia, Turkey and Central Europe producing Multi Million$ in Gross sales revenue. The main focus of responsibility is to provide leadership and direction in the management of financial and accounting functions of the Company. Directly supervise a team of 16. Key member of ‘Oracle Financials’ implementation team. Report to Financial Controller. Key Accountabilities:-  Responsible for management of company, Finances, Accounts, Audits, Systems & Procedures, Internal Controls, MIS, P& L performance, Trade Finance (L/Cs/ Guarantees), Payroll, Fixed Assets, Inventory, A/P & A/R, and Banking.  Support the Sr.Financial Controller and Director-Finance in planning, development and implementation of Accounting/ Financial Policies & Procedures including MIS & Management Reporting.  Coordinating with various department heads to resolve issues in different countries.  Liaise with Banks and credit card companies in all operating and new upcoming countries.  Scrutinizing Nominal Ledger, compare actual vs budget and expense analysis.  Responsible for finalization of annual accounts and reporting as per company reporting rules & International Accounting Standards.  Analyze financial accounts to provide detailed reports of fiscal health of the company to the Senior Management. Analyze company’s financial records to forecast future financial position and budget requirements.  Accountable for the development and management of company’s annual estimates and budget including variance analysis.  Preparation of monthly/quarterly expense analysis spreadsheets to inform management of opportunities to decrease expenses.  Periodic visit to other operating countries to oversee the finance function and give required guidance and training to the staff.  Acts as a Finance champion to train all Accountants on the Oracle Financial. Recommends system enhancements to automate or meet changing business needs, participates in the developments process.  Liaise with the Auditors for the Annual Audits.  Manage and maintain Accounting information on ‘ORACLE FINANCIALS” BPL India Limited – India 1990 – 1992 Accountant India Manage the accounting operation of this leading company having business interest in Consumer Electronics. The main focus of responsibility was to handle financial and accounting functions of the Company. Report to the Chief Accountant. Key Accountabilities:-  Responsible for Accounts, Audits, P& L performance, Fixed Assets, Inventory, A/P & A/R, and Banking.  Assisted the Chief Accountant in all accounting, financial matters, preparation, and analysis of various management reports.  Responsible for finalization of annual accounts and reporting as per company reporting rules & International Accounting Standards. Liaised with the Auditors for the Annual Audits. Academic & Professional Qualifications CMA - Pursuing Master of Commerce- Course completed Bachelor of Commerce - 1989 From Calicut University Training Programs Leadership Evolution Program. Technical Skills Proficient in the use of:Accounting system-Oracle Financials, Kerridge & Scala(All Modules), MS-Office-(Word/Excel PowerPoint), Outlook, Analytical tool- Business Object and Adytum. Completed ‘Oracle Discoverer4i” SQL course with grade A+ Personal Details Nationality : Indian Date of Birth : 30-5-1969 Languages : English / Hindi Driving Licence : Holding valid GCC Driving Licence Visa Status : Transferable Employment visa