KALYANA SUNDARAM KANDASAMY

Flat No. BF02, Salma’s Royal Residence,

Muthukumarappa Street, 48/1, Arcot Road,

Saligramam, Chennai 600 093

Res. +91 44 23762616,

Mobile / Whatsapp: +91 9444408670

Email: [email protected]

With 25 years of experience in Finance and Accounts in diverse organisations in Middle East and India; it includes 20 years of experience in Shipping with a Major Shipping line in Middle East, exploring challenging positions across industries with high repute, demanding high standards of quality and precision and providing opportunity to leverage acquired skills in accomplishing mutual growth.

EXECUTIVE SUMMARY
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Finance & Accounts Management: Proven ability in assisting the senior management in preparing annual budgets, evaluating and interpreting financial plans or budgets including other related factors.
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Process Improvement: Enhance operational efficiency by setting up internal control systems related to finance and administration in the organisations; implementing cost reduction opportunities; managed company’s financial accounting, monitoring and reporting systems
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Operational Activities: Collaborating with the management in implementing business expansion plans including updating and implementing business policies, accounting practices; managing day to day administrative functions and facilities for maintaining seamless operations
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Personal Attributes: Proficient in leading, mentoring & monitoring the performance of team members
to ensure efficiency in process operations & meeting of organizational goals. Adept at creating and sustaining a dynamic environment that fosters development opportunities and motivates high performance amongst team members

United Arab Shipping Company Ltd.  ~ Aug.1998 – Sep.2018.

(Ad hoc assignments from Oct. 2018 – April 2019)

A. America Trade Accounts

Accounts Supervisor ~ Aug.2013 – Sep.2018.

PROFESSIONAL EXPERIENCE

UASC, the largest shipping company in the Middle East, was established in 1976 jointly by the six Gulf Arab states  Bahrain, Iraq, Kuwait, Qatar, Saudi Arabia and U.A.E

After the recent merger in May, 2017, UASC is a fully owned subsidiary of Hapag Lloyd, UASC was the world’s 18th largest container shipping company, with 53 Ocean vessels with a combined container capacity of approximately 400,000 TEU’s.  With an annual turnover of USD.3.30 billion in 2016.

American Trade contributed 33% to the overall revenue of UASC with USD.1.10 billion.

Responsibilities:

The role of an Accounts Supervisor, is exactly the functions of an Assistant Manager, assisting the Trade Manager in the day to day activities like documentation, validation & creation of Revenue and Cost data in the Accounting software, Financial Reporting, Internal and External Audits and Compliance Management.

Financial Reporting and Documentation

•       Manage day to day operations of the accounting department as part of the finance department.

•       Interact with the senior management team in preparing and closing financial statements based on evaluated accounting data

•       Evaluate organizational financial health by preparing forecasted monthly & annual financial statements, quarterly reporting of revenue and cost with accruals of ports of North and South America

•       Compile quarterly management report of revenue and costs of America trade accounts, analyzed and compared with budget / estimates provided by the region

Audit and Compliance Management

•       Participate in various internal and external audits aimed at effectively implementing accounting methods, policies and principles

•       Prepare and submit Annual Audit Schedules of Provisions and accruals for the year. Monitor & report on compliance of agent specific recommendations and observations of internal auditors

•       Acquaint team members with accounting methodologies, organizational procedures and statutory regulations for implementing the same in day to day financial transactions

Achievements:

Brought changes / corrections in Agency remuneration of our Canada Agency, as their remuneration was calculated on the import Inland discharge to America.
B. Asia Trade Accounts

Senior Accountant ~ May 2011 – Jul 2013

Accountant ~ Aug 1998 – Apr 2011
During the year 2013, UASC’s Annual turnover was USD.2.66 billon and Asia Trade, made annual revenue of USD.700 Million.

Responsibilities:

Accounts and Finance Management

•       Evaluate & validate revenue generated from the ports of Hong Kong and China

•       Coordinate month and year end processes encompassing accounts payable and receivable, cash receipts, general ledger amongst others

•       Participate in validation, allocation and reconciliation of weekly cost statements reported by agents to respective port / vessel & voyage / activity for conducting profitability analysis

•       Maintain updated GL accounts by posting, adjusting and reconciling GL accounts. Evaluate cost against budget / estimate / actuals

•       Conduct periodic review of recoverable costs, rebates and incentives due from agents and suppliers Evaluate revenue and expenditure variance for ascertaining organizational profitability

Achievements:

After the “Handover” of Hong Kong back to China, I brought to the notice of the management to reconsider and reduce/revise the “Transshipment Box fee” a part of Agency remuneration.
 

PREVIOUS ASSIGNMENTS

•       Landmark Group – Kuwait

Accountant Feb.1997 – Jun.1998

•       T. T. Travels (P) Ltd., Bangalore, India

MIS Executive Jan.1996 – Dec. 1996

•       Transport Corporation of India Ltd, India

Senior Accounts Executive Jan.1993 – Dec.1995

PERSONAL DOSSIER

•       Date of Birth                                              : 31st July 1968

•       Education                                                    : Bachelor of Commerce B. Com – 1988

•       University                                                   : University of Madras, Chennai, India

•       Languages Known                                  : English, Hindi and Tamil (Native)

•       Nationality                                                 : Indian

•       Passport Details                                       : L6683306           valid till Mar. 2024

•       Driving License                                         :  UAE                    Valid till Sep. 2023

:  Kuwait              Valid till Nov. 2021

References:

Mr. Martin Kaalund

Chief Executive Officer,

Middle East,

B-EYE Solutions FZ-LLC. Dubai.

Email: [email protected]
Mr. S. Chandrasekaran

President Business Development & Projects

Lifestyle International

Bangalore, Karnataka.

Email: [email protected]