1. Profile Summary
Result-oriented, analytical professional with impressive success in managing the entire gamut of financial & accounting
matters involving preparation of financial statements and annual closing of accounts as per accounting standards under
IFRS/IAS. Skilled in budgeting, Consolidation of accounts, banking & cash transactions, working capital management,
payables & receivables, audits, reconciliations, banking matters and statutory compliance. Impressive success in
managing treasury functions including long & short term funding, credit control, cash flow forecasts, so on. Expertise in
processing of Accounts Payables including posting & balancing of daily cash applications, preparing journal entries,
filing of records, reconciliations, processing of billing & credit notes, reconciliation of customer accounts, credit analysis
and collections. Team player with excellent planning, analytical & problem solving skills; exceptionally respectful and
appreciative of diverse cultures and viewpoints.
Core Competencies Academic Details
• Bachelor of Commerce from K.J. Somaiya College of Arts and
Commerce, Mumbai University, India in year 1996
Training Attended
• ISO 9001: 2000 Internal Auditor Training, by RWTUV in 2004 year
IT Skills
• Accounting Packages: Quick Books Pro (American Accounting
Software), Tally, Peach Tree
• Office Tools: MS Office (Word, PowerPoint and Excel)
PRAVEEN BALAN NAIR
SENIOR FINANCE & ACCOUNTS PROFESSIONAL
Over 19 years’ rich experience with expertise in managing complete Finance & Accounts
function of leading organizations in diverse industries such as Shipping & Steel Trading
Targeting assignments in Finance & Accounts with a leading organisation in UAE / Australia /
praveen_nair75@yahoo.com +971 - 50 - 5572060
Accounting & Treasury Operations
Budgeting & Forecasting
Funds Flow & Cash Flow Management
Accounts Payables & Receivables
MIS Reporting
Internal/External Audit, Due Diligence
Bank & Inventory Reconciliation

2. Personal Details
Date of Birth: 14
th
November 1975
Languages Known: English, Hindi, Malayalam, Marathi
Address: Al Bafta Plaza, Mankhool, Dubai, UAE
Nationality: Indian; Marital Status: Married
No. of Dependents: 3; Passport Details: N3885909
Visa Status: Employment Visa; Driving License: UAE License
Soft Skills
Collaborator
Change Agent
Communicator
Motivator

3. Career Timeline Work Experience
Since Sep’05 -Till Date: GNH PJSC Group
Growth Path:
• Sep’05 – Jun’09: Gulf Navigation Holding PJSC, Dubai as
Senior Accountant (Ship Management, Vessel Owning &
Chartering Div.); Reported to: Finance Manager/Finance Controller;
Team Size: 5
• Since Jul’09: Gulf Stolt Ship Management Co., Dubai as
Finance & Accounts Manager; Reporting to: President; Team Size: 7
Role:
• Supporting top management for formulation & implementation of policies,
procedures and internal control systems for effective financial operations
• Managing complete preparation & finalization of monthly, quarterly, half
yearly and annual financial statements under IFRS, such as Profit & Loss
Account, Balance Sheets, Cash Flow Statement, A/R & A/P Aging
Reports, Age-Wise Accounts Payables & Receivables Statements, Fixed
Asset Register, Bank Reconciliation and Consolidated Reports
• Developing, analyzing & implementing budgets; monitoring budgets for
deviations, conducting variance analysis and making recommendations
• Ensuring timely realization of debtors and monitoring payments made to
vendors; tracking accounts receivable / payable accruals and
reconciliation of accounts receivable / trial balance to the general ledger
• Establishing internal control measures over key financial processes like
Accounts Receivable and Accounts Payable
• Enabling smooth execution of all legal contracts & financial covenants
including treasury activities and building relationships with bankers
• Preparing financial reports (MIS) such as debtors ageing, variance
analysis of actual performance with budget & previous year- sales report,
DSO tracking for sales units- segment wise and other adhoc reports
• Managing external audit process including preparation of year end and
interim financial statements; assessing internal controls and developing/
improving existing processes and systems to strengthen internal controls
Significant Accomplishments:
• Reduced financial cost by 30% through better working capital
management, regular meetings with cross-functional departments and by
highlighting potential areas where cost could be further reduced
• Improved operating margin by 10% through contract purchase, by directly
purchasing from makers, etc.
• Implemented new financial policies & procedures; set-up an in-house
accounting software in the company
• Played a key role in providing key financial information to the Fleet
Manager/President in areas such as operating results and budget versus
Since 2009
Gulf Stolt Ship Management Co.,
Dubai as Finance & Accounts
Manager
2005 – 2009
Gulf Navigation Holding PJSC,
Dubai as Senior Accountant
2002 - 2005
Qaisar Steel Trading CO LLC,
Dubai as Accountant
2000 - 2001
United Bright Steels Ltd., Jebel
Ali, Dubai as Junior Accountant
1997 - 2000
S.S. Mani & Co., Mumbai, India as
Accounts Assistant

4. actual; reported issues with respect to planning and budgeting
• Ensured proper calculation of Bunker Consumption & Inventory for the
respective vessels in Voyage Charter
• Performed review of crew salary for all vessels and ensured timely
processing of salary is of all crew on-board; developed Voyage Hire
Statement reflecting total hire to be received and estimated expenses
(PDA, Commission & other agency cost) booked against the particular
voyage; tracked estimated expenses booked & actual invoice received
• Reviewed accounts related information received from ship for evaluation
of monthly consumption (Bunker, Lube Oil & Victualling) as per average
consumption and highlighted abnormalities to the seniors
Previous Work Experience
Jan’02 – Aug’05: Qaisar Steel Trading Co. LLC, Dubai, UAE
Accountant
Mar’00 – Nov’01: United Bright Steels Ltd, Jebel Ali, Dubai
Junior Accountant
Feb’97 – Feb’00: S.S. Mani & Co, Mumbai, India
Accounts Assistant