Nalin Maheshwari
Group Assistant Financial Controller at Federal Transformers Co. LLC.- Claim this Profile
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English Full professional proficiency
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Hindi Elementary proficiency
Topline Score
Bio
Experience
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Federal Transformers Co. LLC.
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United Arab Emirates
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Appliances, Electrical, and Electronics Manufacturing
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1 - 100 Employee
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Group Assistant Financial Controller
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Apr 2022 - Present
Project Lead – Finance for implementation of SAP S/4HANAActing as a custodian for reviewing cost Management & Profitability analysis of all group companies to enhance top line growth.Manage risk through effective risk mitigation plans. Identify and track risk inclusive of credit risk, currency risk and country risk.Controlling group’s global monthly management reports and leading the function in Management reviews. Monitor & review progress on areas like liquidation of inventory, overdue debtors / advances, working capital management.Preparing Financials for group’s electric division companies in GCC Region along with conducting statutory audits; reviewing compliance with Accounting Standards and ensuring that audit documentation is in compliance with quality standards of the organizationFacilitating internal audits in the areas of operations, accounting & finance, marketing and purchase, receivables, quality, productivity and efficiency as per Internal Audit Program approved by the Audit Committee
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Secure Meters Limited
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India
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Appliances, Electrical, and Electronics Manufacturing
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700 & Above Employee
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Financial Controller
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Nov 2020 - Apr 2022
Prepared financial statements of all UK-based companies remotely according to financial compliances (FRS 102) and conducting statutory auditDrafted group’s global monthly management reports and analysis of profitabilityFacilitated annual budgeting & reviewing the performance against budgets on a monthly basisConducted variance analysis & providing inputs to sales/production teamsActed as Finance Business Partner supporting company’s sales verticals & inter-company transfer pricingAs an additional responsibility, worked as Financial Controller/ General Administrator for Mewar Hospitals Pvt. Ltd. since Jan'21
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Finance Manager
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Feb 2018 - Nov 2020
Prepared:o Financial statements in line with financial compliances (FRS 102) and facilitated statutory audito Quarterly VAT returns as per UK VAT laws along with Intrastat & EC Sales complianceso Monthly payroll as per UK Payroll compliances and ensure timely payment of tax liabilities to HMRCPublished group’s complex monthly management reports within specified timelines and with complete accuracyDeveloped internal controls to monitor slow/non-moving inventory to reduce storage costsActed as Single Point of contact for Group’s Accounts Payable Team located at H.O. in India to liaise with supplier invoices & paymentsWorked as Credit Controller for Group’s UK based companies to maintain adequate liquidity and prepare weekly cashflow forecastsSupported Sales/Logistics Team with Brexit compliances
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Secure Meters Limited
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India
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Appliances, Electrical, and Electronics Manufacturing
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700 & Above Employee
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Deputy Manager Finance
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Sep 2015 - Feb 2018
Supervised the entire Finance & Accounts function to ensure accurate recording & reporting of financial transactions for preparing financial statementsManaged credit control with an objective to maintain adequate cash flow & reduction of debtors ageingAddressed legal matters of the company for all consumer/civil court proceedings & drafted replies for the legal casesDeveloped internal control & standard operating processes such as simplification of item master for proper accounting, changes in process of PR/PO preparation, material inward/outward procedureMaintained various fund/non fund-based facilities from consortium banksPrepared monthly operating data & stock statement towards bank submission for cash credit requirements
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Wonder Cement Ltd.
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India
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Wholesale Building Materials
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700 & Above Employee
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Senior Officer - Finance & Accounts
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Apr 2012 - Sep 2015
Prepared monthly MIS for ascertaining net realization & variance analysisLed a team for ERP implementation of Accounts Receivable ModulePrepared Credit Monitoring Statements (CMA) for ascertaining estimates & projections of financial statements for fulfilling Secured Term Loan RequirementsManaged a team for drafting commercial agreements, letter of credits, foreign payment documents for Cement Expansion ProjectSteered project accounting (related to both supplier & asset side) for over 2 years with Line II project of Cement Plant
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Education
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Institute of Company Secretaries of India
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The Institute of Chartered Accountants of India
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Maharana Mewar Public School (MMPS)
High Secondary