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S. Somasundaram, B. Com., A.C.A.
Chartered Accountant
Profile
Strong background in accounting and finance functions
Relevant experience in the field
Member of Professional Accounting Institute – The Institute of Chartered
Accountants of India (ICAI), New Delhi, India
Objective
To secure a managerial position to lead and motivate individuals to achieve
functional objectives leading to creation of value to the Company.
Work Experience
May 2013 – Present
Job Title: Property Controller
Company: Gulf Related Real Estate Management Co., Abudhabi ,
United Arab Emirates (Joint Venture with Related Group, USA)
Industry: Real Estate and Property Management
Property management company for the leading Fashion and Dining
Destination in Abudhabi – The Galleria
• Implementing ERP - JD Edwards for the property management
company
• Capitalisation of project
• Overseeing Operations Finance - Revenue, Payables, Inventory
control, Fixed Assets
• Monthly, Quarterly and Yearly closing of books, handling of internal
and external audits
• Preparation of Annual accounts and compliance with all relevant IFRS /
IAS provisions
• Budgeting, Forecasting and Performance analysis
1
• Periodical Management Reporting – Revenues, Accounts Receivable,
Sales performance of the tenants, Accounts Payable, Common Area
Expenses
• Support for decision making on Common Area Maintenance charges,
Recovery Management
• Lease compliance procedures, compliance under property management
agreement
June 2005 – April 2013
Job Title: Regional Finance Manager
Company: Majid Al Futtaim Group, Dubai, United Arab Emirates
Industry: Leisure and Entertainment. Leading promoter of shopping
malls in the Middle East.
Business units handled:
Family Entertainment Centres - Magic Planets, Aquaplay and Bowling.
Unique leisure offers – Skidubai, Ifly, Little Explorers, Soccer Circus and
Water park
Key responsibilities and areas handled:
• Setting up the accounting systems in JD Edwards environment as part
of opening crew of Skidubai, the only indoor skidome facility in the
region
• Capitalisation of new projects of leisure divisions
• Setting up accounting systems and monitoring of overseas branches of
leisure divisions
• Overseeing Operations Finance - Revenue, Payables, Payroll, Inventory
control, Fixed Assets
• Monthly,Quarterly and Yearly closing of books, handling of internal and
external audits
• Preparation of Annual accounts based on IFRS / IAS and consolidation
of accounts
• Budgeting, Forecasting and Performance analysis
• Cost control measures
• Preparation of Delegation of Authority Manual
• Played a major role in drafting the policies and procedures manual for
the leisure division
Job Title: Asst. Finance Manager
Company: Fluent India, Pune, India.
Industry: Software
May 2003 to March 2005
2
Leading the Finance team with Fluent India Pvt. Ltd., a subsidiary of Fluent
Inc., U.S.A. Fluent Inc., is a global leader in developing Computational Fluid
Dynamics Software, which is widely used in various industries.
Key Responsibilities:
• Setting up basic systems and internal control procedures
• Budgeting and Planning activities
• Cost Analysis and MIS Reports
• Finalisation of Accounts – December and March – Planning, Preparation
of Schedules, co-ordinating within department and with Auditors
• Liaisoning for Tax assessments
• Transfer Pricing Analysis
• Setting up ERP and Implementation
• Company Law matters
Achievements:
• Project capitalization
• ERP implementation
• Transfer pricing analysis for the Company
May 97 to April 2003
Job Title: Member – Finance & Secretary
Company: Tata Autocomp Systems Limited Group, Pune, India –
Prominent automotive group, joint venture between Tatas of India and
Yazaki Corporation, Japan.
Industry: Automotive Components
Key Responsibilities:
• Discussion with joint venture partners and Preparation of business
plans for the new ventures.
• Statutory approvals for foreign investment, appointment of expatriates
and related matters
• Setting up of company and related matters.
• Supervising the Accounting function Preparation of Budgets and
Budgetary Control
• Monitoring of Cost / Cost control measures
• Preparation of MIS Reports – for both Indian and Japanese Partners
• Monitoring of working capital requirements and liaisoning with bankers
• Extending support to joint ventures in respect of Finance & Accounting
3
September 94 to April 97:
Job Title: Sr. Finance Executive
Company: Dempo Group of Companies in Panaji, Goa, India – Leading
group in mining and export of iron ore.
Industry: Iron Ore Mining
Key Responsibilities
• Ensure proper accounting of the activities of the company and
supervising accounting staff
• Liaising with Banks for working capital management
• Arrangement of Term loans including Foreign currency loans
• Finalisation of Accounts, Audit, Taxation
Personal Details
Name S. Somasundaram
Date of Birth June 16, 1970
Languages known English and Hindi &
Mother Tongue: Tamil
Marital Status Married, having 2 sons.
Contact Telephone:02-627 4432
Mobile: 050-3791429
Passport No. K 8462626 valid upto 26.2.2023
Visa Status On work visa in UAE
Notice Period/Availability to join Immediate
Education:
 Obtained Bachelor’s degree in Commerce from Loyola (Autonomous)
College, Madras (Chennai), India in the year 1990.
4
 Member of the Institute of Chartered Accountants of India. Passed in
Nov.1993
 Member of the Institute of Company Secretaries of India. Passed in
Dec.1995
 Certificate course on IFRS from the Institute of Chartered Accountants of
India. Passed in June 2012
5
 Member of the Institute of Chartered Accountants of India. Passed in
Nov.1993
 Member of the Institute of Company Secretaries of India. Passed in
Dec.1995
 Certificate course on IFRS from the Institute of Chartered Accountants of
India. Passed in June 2012
5

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resume_somasundaram 2015 5

  • 1. S. Somasundaram, B. Com., A.C.A. Chartered Accountant Profile Strong background in accounting and finance functions Relevant experience in the field Member of Professional Accounting Institute – The Institute of Chartered Accountants of India (ICAI), New Delhi, India Objective To secure a managerial position to lead and motivate individuals to achieve functional objectives leading to creation of value to the Company. Work Experience May 2013 – Present Job Title: Property Controller Company: Gulf Related Real Estate Management Co., Abudhabi , United Arab Emirates (Joint Venture with Related Group, USA) Industry: Real Estate and Property Management Property management company for the leading Fashion and Dining Destination in Abudhabi – The Galleria • Implementing ERP - JD Edwards for the property management company • Capitalisation of project • Overseeing Operations Finance - Revenue, Payables, Inventory control, Fixed Assets • Monthly, Quarterly and Yearly closing of books, handling of internal and external audits • Preparation of Annual accounts and compliance with all relevant IFRS / IAS provisions • Budgeting, Forecasting and Performance analysis 1
  • 2. • Periodical Management Reporting – Revenues, Accounts Receivable, Sales performance of the tenants, Accounts Payable, Common Area Expenses • Support for decision making on Common Area Maintenance charges, Recovery Management • Lease compliance procedures, compliance under property management agreement June 2005 – April 2013 Job Title: Regional Finance Manager Company: Majid Al Futtaim Group, Dubai, United Arab Emirates Industry: Leisure and Entertainment. Leading promoter of shopping malls in the Middle East. Business units handled: Family Entertainment Centres - Magic Planets, Aquaplay and Bowling. Unique leisure offers – Skidubai, Ifly, Little Explorers, Soccer Circus and Water park Key responsibilities and areas handled: • Setting up the accounting systems in JD Edwards environment as part of opening crew of Skidubai, the only indoor skidome facility in the region • Capitalisation of new projects of leisure divisions • Setting up accounting systems and monitoring of overseas branches of leisure divisions • Overseeing Operations Finance - Revenue, Payables, Payroll, Inventory control, Fixed Assets • Monthly,Quarterly and Yearly closing of books, handling of internal and external audits • Preparation of Annual accounts based on IFRS / IAS and consolidation of accounts • Budgeting, Forecasting and Performance analysis • Cost control measures • Preparation of Delegation of Authority Manual • Played a major role in drafting the policies and procedures manual for the leisure division Job Title: Asst. Finance Manager Company: Fluent India, Pune, India. Industry: Software May 2003 to March 2005 2
  • 3. Leading the Finance team with Fluent India Pvt. Ltd., a subsidiary of Fluent Inc., U.S.A. Fluent Inc., is a global leader in developing Computational Fluid Dynamics Software, which is widely used in various industries. Key Responsibilities: • Setting up basic systems and internal control procedures • Budgeting and Planning activities • Cost Analysis and MIS Reports • Finalisation of Accounts – December and March – Planning, Preparation of Schedules, co-ordinating within department and with Auditors • Liaisoning for Tax assessments • Transfer Pricing Analysis • Setting up ERP and Implementation • Company Law matters Achievements: • Project capitalization • ERP implementation • Transfer pricing analysis for the Company May 97 to April 2003 Job Title: Member – Finance & Secretary Company: Tata Autocomp Systems Limited Group, Pune, India – Prominent automotive group, joint venture between Tatas of India and Yazaki Corporation, Japan. Industry: Automotive Components Key Responsibilities: • Discussion with joint venture partners and Preparation of business plans for the new ventures. • Statutory approvals for foreign investment, appointment of expatriates and related matters • Setting up of company and related matters. • Supervising the Accounting function Preparation of Budgets and Budgetary Control • Monitoring of Cost / Cost control measures • Preparation of MIS Reports – for both Indian and Japanese Partners • Monitoring of working capital requirements and liaisoning with bankers • Extending support to joint ventures in respect of Finance & Accounting 3
  • 4. September 94 to April 97: Job Title: Sr. Finance Executive Company: Dempo Group of Companies in Panaji, Goa, India – Leading group in mining and export of iron ore. Industry: Iron Ore Mining Key Responsibilities • Ensure proper accounting of the activities of the company and supervising accounting staff • Liaising with Banks for working capital management • Arrangement of Term loans including Foreign currency loans • Finalisation of Accounts, Audit, Taxation Personal Details Name S. Somasundaram Date of Birth June 16, 1970 Languages known English and Hindi & Mother Tongue: Tamil Marital Status Married, having 2 sons. Contact Telephone:02-627 4432 Mobile: 050-3791429 Passport No. K 8462626 valid upto 26.2.2023 Visa Status On work visa in UAE Notice Period/Availability to join Immediate Education:  Obtained Bachelor’s degree in Commerce from Loyola (Autonomous) College, Madras (Chennai), India in the year 1990. 4
  • 5.  Member of the Institute of Chartered Accountants of India. Passed in Nov.1993  Member of the Institute of Company Secretaries of India. Passed in Dec.1995  Certificate course on IFRS from the Institute of Chartered Accountants of India. Passed in June 2012 5
  • 6.  Member of the Institute of Chartered Accountants of India. Passed in Nov.1993  Member of the Institute of Company Secretaries of India. Passed in Dec.1995  Certificate course on IFRS from the Institute of Chartered Accountants of India. Passed in June 2012 5