Sriram Venkiteswaran
Finance Manager at Supercare Pharmacy- Claim this Profile
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Bio
Experience
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Supercare Pharmacy
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United Arab Emirates
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Wellness and Fitness Services
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100 - 200 Employee
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Finance Manager
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Mar 2021 - Present
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Landmark Group
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United Arab Emirates
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Retail
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700 & Above Employee
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Deputy Manager Finance
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Jun 2019 - Mar 2021
Deputy Manager Finance at Shoexpress Landmark GroupKey responsibilities: Business partner for one of the growing retail entity & involved in key decision making on pricing & promotional strategies Responsible for review of monthly closure for books at a Concept level including variance analysis & review of trade payments. Preparation of 3-year Strategic Plan with focus on future strategies on business growth plan Budget preparation, review and tracking actual performance including action plan of cash loss stores. Review of feasibility for new store openings & performance review of store. Providing a summarized report to COO on hits and misses for the month with areas of concern that needs to be addressed Show less
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Risk Compliance Manager
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Oct 2018 - Jun 2019
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Assistant Manager Finance
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Dec 2012 - Oct 2018
Presently working as an Assistant Finance Manager for one of its verticals..Areas Covered: Revenue & Gross Margin Analyst; (Sep 2015 to Present)• Responsible for Revenue Forecast prior to start of the month & highlight to operations where we stand as compared to budget on MoM basis• Weekly analysis of yield trending of budget vs. actual & recommendation of change in mix required for achieving budgets.• Product analysis & performance trending for the same for each of our outlets on MoM basis.• Daily revenue reporting to Operations & how we compare vis vis the budget.• Analysis of Gross Margin performance vs the budget & providing recommendation as to how the gross margin % could be improved.• Currently involved in system development for revenue reporting & MIS & the same involves detailing the requirement to the technical development so that transparency of information could be improved. Finance/Accounts (Dec 2014 to Aug 2015)• Designed asset software for all territories for stock control over Fixed Assets.• Involved in finalisation of accounts & responsible for consolidation of Annual Financial Statements and discussion with the Statutory Auditors (Ernst & Young).• Review of Cash & Bank Reconciliation, AP/AR Ageing, Balance Sheet Schedule review, P&L Review MoM.• Was involved in the due diligence for one of our business units along with the Corporate team Controls & Club audit (Dec 2012 to Dec 2014).• Identified the control weakness in the company & based on that designed Standard Operating Procedures as guidance for management for effective control implementation.• Performed Club Operational Audit Review for UAE & Jordan..• Periodic submission of reports to Area Business Manager of club controls that exist & areas of improvement required.• Fraud Investigation in multiple instances & submitted report to management with the current control weakness & recommendations to prevent recurrence of the above. Show less
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Audit Executive
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Mar 2011 - Nov 2012
Major Audit Assignments Ingram Micro India Limited • Review and audit of Revenues and Receivables, Loans and Advances and Current liabilities. • Review of the accounting policies and disclosure requirements as required under the Indian GAAP. Mastek Limited. • Verification and audit of the financial statements for one of the major group subsidiaries. • Verification of disclosure requirements relating to presentation of the financial statements including cash flow statement Frank’s International West Africa (BVI) Limited. • Review and audit of Revenue and Receivables, Fixed assets & Shareholder’s Funds. • Review of the accounting policies and disclosure requirements and cash flow disclosure as per US GAAP. During my association with PWC ,documentation being the key for ensuring quality of the audit I got well versed with the intricacies involved in documentation methodologies in Lotus Notes and a new software that got introduced in the current year called “AURA” for a couple of my non-HPC Clients. Show less
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Education
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The Institute of Chartered Accountants of India
Chartered Accountant