Shaikh Taj M.
Finance Manager at Qatar National Plastic Factory W.L.L.- Claim this Profile
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Bio
Experience
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Qatar National Plastic Factory W.L.L.
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Qatar
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Plastics Manufacturing
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1 - 100 Employee
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Finance Manager
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Dec 2022 - Present
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NAPCOOM
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Oman
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Mining
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1 - 100 Employee
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Financial Controller
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Dec 2021 - Oct 2022
CFO / Controller / Senior Management role in Finance and Accounts CFO / Controller / Senior Management role in Finance and Accounts
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Gulf Aluminium Rolling Mill B.S.C. (c) - GARMCO
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Bahrain
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Mining
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200 - 300 Employee
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EXECUTIVE MANAGER (CFO) - FINANCE
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Mar 2006 - Jul 2021
Key Achievements and Acountabilities - Worked with multiple stakeholders on company restructuring plan for creditors and court approval (2019-21) - Worked with USA Commerce dept. on anti dumping case against the company and achieved lowest duty on its export - Implemented cash management framework and policies to achieve cash availability to fund the company operation - Implemented credit risk framework in the company and headed the credit risk committee to reduce DSO and pricing risk. - Reduced Monthly Management Reporting of company and group performance from 10 to 5 working days. - Spearhead all the finance functions involving determining financial objectives, designing & implementing systems, tools, policies & procedures to facilitate internal financial controls. - Perform financial analysis for various business situations and summarized the findings for board decision-making. - Liaising with external (suppliers, banks, auditors) and internal stakeholders (senior management, board members) - Responsible for compiling competitive information and trends for analysis and presentation purposes Be responsible for - GROUP Long term, Short term and Rolling business plan preparation - GROUP Budgeting & Controls, Financial Planning & Analysis. - GROUP Financial Accounting and Reporting - GROUP External Audit and Internal Audit - GROUP Corporate Governance, Insurance and Risk Management (metal and forex risk mitigation) - GROUP Treasury and Working Capital Management (Banking relationship, customer receivables, payables and inventory) - GROUP IT Management and Control - Supply Chain Management – Metal and Non-metal, Stores management, tender committee
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Bajaj Electricals Ltd
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India
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Computers and Electronics Manufacturing
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700 & Above Employee
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Accounts Executive
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Mar 2003 - Mar 2006
Supervising the annual budgeting exercise and consolidation of the same Monthly BU-level / branch-level / product level management reporting and variance analysis against budget / standard. Financial, Product and Strategic Costing SBU-wise Sales & Receivables controls and Direct & Indirect cost analysis. Quarterly company balance sheet and Profit & Loss finalization activity Inventory Management & control of company stocks, timely a/c of all receipt from supplier and inter-branch stock transfer, stock reconciliation between HO & branches ledger, Coordination with SBU commercial dept. & all branches on Inventory related issues, tracking of material-in-transit, monthly MIS inventory reporting to management, getting quarterly inventory audited by statutory auditors and replying to their queries Accounting of company imports and reconciling all sub-ledgers on an ongoing basis. Accounting of factory stock transfers to branches and their recon. with the factory ledgers and rectification of any discrepancy Accounts payables including a/c of supplier bills, creditor’s ledger scrutiny, payments co-ordination and accounts payable control.
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Almarai - المراعي
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Saudi Arabia
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Food and Beverage Services
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700 & Above Employee
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Accounting Supervisor
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Jul 1997 - Mar 2002
As a Distribution and Logistics Accounting Supervisor handling an annual revenue budget of USD 16 million and capital budget of USD 4 million and employee strength of 360. Assist in the preparation of the monthly financial and management accounts and reports for Distribution & Logistics dept. Timely inputs for the preparation of the financial accounts of the Distribution & Logistics dept. Co-ordinate centralized management information on the Distribution & Logistics requirement. Advice management on financial and internal control matters. Monitor the Replacement / Project capital budget and advise the Distribution & Logistics Mgr. on its utilization. Prepare the yearly Revenue and Capital budget, Transport budget and Manplan budget of the Dept, under close guidance of the Distribution & Logistics Manager. Prepare weekly Performance & MIS reports and Monthly Key Performance Indicators of the Distribution & Logistics dept. To provide information to the Distribution & Logistics Mgr. on internal control matters and ensure that all the activities are in compliance with the policies and procedures as laid down by the company. To safeguard the assets of the dept. by organizing periodic checks & verification and reconciling with the asset schedule in the finance ledger, to advise on the non-existing assets and their write/off, to co-ordinate with head office on the addition/sale/transfer of distribution assets. To monitor the workshop, consumables and diesel stock and report obsolete stocks for sale or write/off, to see that the quarterly stock-count are as per the laid down Finance Procedure
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Asian Paints
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India
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Manufacturing
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700 & Above Employee
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Key Account Assistant
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Aug 1994 - Jun 1997
Key Responsibility: - Management and control of contract manufacturing activity with 20 external processing unit - Plant Cost accounting and reporting, indirect tax control and payables management Key Responsibility: - Management and control of contract manufacturing activity with 20 external processing unit - Plant Cost accounting and reporting, indirect tax control and payables management
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Education
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Welingkar Institute of Management
Master of Business Administration (MBA), Finance and Financial Management Services -
University of Mumbai
Bachelor of Commerce (B.Com.), Accounting and Finance -
St Paul High School - Dadar, Mumbai
Secondary School, Accounting and Finance