Shaikh Taj M.

Finance Manager at Qatar National Plastic Factory W.L.L.
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Contact Information
us****@****om
(386) 825-5501
Location
QA

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Experience

    • Qatar
    • Plastics Manufacturing
    • 1 - 100 Employee
    • Finance Manager
      • Dec 2022 - Present

    • Oman
    • Mining
    • 1 - 100 Employee
    • Financial Controller
      • Dec 2021 - Oct 2022

      CFO / Controller / Senior Management role in Finance and Accounts CFO / Controller / Senior Management role in Finance and Accounts

    • EXECUTIVE MANAGER (CFO) - FINANCE
      • 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

    • India
    • Computers and Electronics Manufacturing
    • 700 & Above Employee
    • Accounts Executive
      • 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.

    • Saudi Arabia
    • Food and Beverage Services
    • 700 & Above Employee
    • Accounting Supervisor
      • 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

    • India
    • Manufacturing
    • 700 & Above Employee
    • Key Account Assistant
      • 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

Education

  • Welingkar Institute of Management
    Master of Business Administration (MBA), Finance and Financial Management Services
    2009 - 2011
  • University of Mumbai
    Bachelor of Commerce (B.Com.), Accounting and Finance
    1991 - 1994
  • St Paul High School - Dadar, Mumbai
    Secondary School, Accounting and Finance
    1974 - 1986

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