Chander Shekhar Bhalla

3183 Velmar Drive, Mississauga, Ontario L5M 6V7

Cell: 647-894-4783 # 905-462-4783

[email protected]

PROFESSIONAL SUMMARY

Over 20 years of experience in Finalization of Accounts; Consolidation, management, business system development, Accounting system; budgeting, forecasting,planning,reporting, analysis and controls.
GAAP, SOX Compliance; Enterprise Resource Planning; Operations; Business Management & Strategy, Profit Centre Control; Developing Business System
Experienced with Microsoft Dynamics-Navision, SAP, Business Warehouse, Hyperion, ERP Tally; Focus and another ERP software with hands-on implementation and execution, managing change management.Proficient in Microsoft Office
Highly motivated, professional, competitive, detail-oriented, focused, timeliness to meet deadlines,innovative, performance driven accounting professional self-starter with the hands-on approach with proficiency in extracting financial data from various reporting systems and suggesting key operational changes.
Implemented best practices and optimized resource utilization. Process Improvement from the root cause.
Proven experience of achieving business targets with leadership quality, hands-on ability to Supervise, Manage, lead and work collaboratively with large multicultural teams.
Excellent communication, presentation and interpersonal skills, smooth team management.
Analytical skills, able to provide timely, accurate information, flexible with hands-on approach to all aspects of work
WORK EXPERIENCE

SBR Industrial Group, UAE Group                           Financial Controller                                                     Jan 2009—Oct 2015

http://www.sbrgroup.ae/

Head of Finance & Accounts for the Group-12 Divisions with 18 units; oversaw each unit operating as an independent profit center. Handling turnover of over US $350 Million with 3+13 direct reports.
Steered successful implementation-ERP-Microsoft Navision Nav5, Unified chart of accounts, Customer & Supplier Coding, Employees, Item Code for over 50000 items all Raw Material, WIP, Finished Goods, contracts jobs.
Defined manufacturing accounting process for better accuracy and accountability improved net profit by 6.5% from 11% to 17.5%
Inventory Management & Control, including Price agreement, centralized & decentralized the Group Procurement sub-units for controls and efficiency saving 6% in Operational Cost.
Centralized & Implemented payroll processing system and the module for WPS managing 2500 plus employees.Developed controls, policy & procedure as per local law.
Formalized monthly reporting procedures through MIS and business reports. Financial statement analysis, controls & review major costs for control procedures, solution eliminate limiting & challenging root cause.
Budget & forecast with variance analysis for Top Management supporting strategic planning.
Integrated of operation and accounts to improve resource utilization and financial management
Setup and implemented internal audit procedures and processes for more accuracy.
Monitored revenue realization on timely basis thus allowing for positive impact on company cash flow
Reviewed and adjusted company targets through key performance indicators for each unit to improve profitability

Halliburton Worldwide Limited, UAE                                               Accounting Lead                               Dec 2006—Dec 2008

http://www.halliburton.com

Significantly improved accounts payable by monitoring dates and ensuring compliance with internal control policies and 100% accuracy.  Annual Turnover $400 million
AR Collection & Cash application & allocation for certain countries and regular reporting to HO Houston improved DSO (daily sales outstanding) days significantly.
Month-end / Year-end closing process end to end followed by subsequent closure in compliance with the global policy.
Balance sheet and other complex reconciliations analysis review and rating as per company policy including monthly preparation, compliance, analysis and finalization, of reports.
Reviewed contracts and tenders pricing prior to submission determining revenue projection, financial exposure, and risk, if any, coordinating with Operations to ensure accuracy and determining forecasts figures for “if-then” scenario.
Identified revenue in relation to billing process, negotiated proposal and bid terms with internal and external customers. Improved commercial terms towards revenue recognition and release of payments, and negotiated insurance terms with the customer.
Coordinated with internal and external auditors, RCTS & SOX compliance. Undertook special Projects & assignments from the beginning to the end.
Active Member of PII-Environment Members contributing in ESG (Environmental Social Governance)
Selected for Fast Track Employee Development Program with the focus on continuous learning for international deployment.

Al Athnain Co., Oman                             Sr Operation & Business Development Manager                  Nov 2002—Nov 2006

http://alathnaincatering.com/

Promoted to Senior Operations and Business Development Manager from Chief Accountant.
Oversaw company operations, met business targets increased turnover by 400% from $2.6Million to $6.8million.
Surpassed top and bottom line target set by management using and implementing cost-effective strategies.
Streamlined company operations to implement effective control and cost management achieving quality standards.
Improved billing cycle and receivable day improving total cash flow.
Chief Accountant Head of Finance & Accounts

Excelled in all assigned functions and duties and was thus promoted to Senior Operations & Business Development Manager
Complete finalization of accounts streamlined complete accounting system along with operational control.
Developed MIS & business reports providing better guidance for company planning and control. Improved net margins by 8%
Implemented annual budgeting,forecasting,tender finalizations, audits including internal and statutory.
Cost control, control over wages and salaries, control over purchasing and stores.
Improved cash flow implementing effective methods for collections and forecasted fund flow planning including control over debtors and creditors.

Group 4 – Securitas Ltd.                                           Finance Manager-India                                                 May 1998–Nov 2002

http://www.g4s.com/en/                                          Finance Manager-Yemen

Independently responsible for accounting and finance finalization till final audit and consolidation of the report with Regional head office.
Monthly MIS and business reports to Regional & Global Head Office in India & Hague smooth transition from legacy system to Hyperion.
Country level business reports for strategic planning, growth, and expansion of market share.
Handling & Compliance with all statutory taxation and custom & excise duties as per the laws of the country.
Payroll processing & control for employees with man-hours, variable-fixed overtime with special milestone bonus and rewards including control on shift management.
Cash flow management, revenue generation & control including processing payments / cheques.
Annual Budgeting, forecasting and variance analysis.Control wages, salaries, debtor, creditor reports and analysis
Liaised with local governments regarding taxation, social security and other internal controls for manned hour services.
Key role in takeover and merger JV partnership between 3 legal entities ensuring the smooth transition from a local company to an international brand from inception to completion and full operation.
Initialized country operations including financial and accounting system set up procedures and policies combining Group 4 Standards and local laws. 100% compliant Group 4 procedures and policies.
Standardized & trained local staff in duties pertaining to finance, administration, human resources, time and duty roster control etc including computer skills for performing duty efficiently.
Handled daily operations, developed marketing, fostered client relationships and strategically provided market share planning.

Elephant Bay Beach Resort, Yemen                                Chief Accountant                                                  June 1997–May 1998

Project accounting and commissioning of a resort, built by leading business group of the region.
Responsible for reporting on hotel accounts before and after initial construction phase, including Capex and Budgetary controls & set-up internal control system and procedures.

RRB Securities Ltd., India                                            Senior Accounts Officer                                             May 1994–May 1997

Member Harish Bhasin Group / HB Portfolio Ltd; HB Estate

Complete Accounting for over an investment portfolio of over INR 100 Crores= $2 million. MIS Cash flow Management.
Liaising with group taxation department for annual returns.

Nangia & Co  Accountants, India                                   Junior Audit Officer                                            May 1989–May 1994

Internal External Audits; Feasibility Studies; for Private & Public Sectors, Banks, Insurance Co, Government Entities
EDUCATIONAL BACKGROUND
1993 Institute of Chartered Accountants of India, India

Chartered Accountancy

1989 Bachelor of Commerce

University Graduate