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
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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
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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
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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.
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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
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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
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