R E S U M E

Nilesh Babulal Dhariya

Deputy General Manager Finance

B/4 Parth Apt., Shivam Co-op. Hsg. Soc., Opp. Central Jail Road, Subhashbridge Circle,

Ahmedabad – 380 027. Gujarat – India. Phone:    ® + 91 79 27560083  Mob: +91 6351861058 (Whatsapp)

Email:       [email protected], [email protected] Skype ID: nilchaitu

SUMMARY:

Ø  Experience: Highly accomplished, results-driven senior accounting and financial management executive with more than 23 years of progressive experience in finance and operations management within manufacturing organizations. 15 years of working experience at international locations in East African Countries like Tanzania, Kenya, Mozambique, Uganda and Ethiopia. Demonstrated wisely very complex and challenging responsibilities as Head of Finance, Operations, Administration & MIS for manufacturing units like Paper Mfg, Plastic Mfg, Medical Devices Mfg, Cotton Ginning/Seed Oil Mfg., Lime Stone Mfg. etc.

Ø  Skills/Expertise/Areas of Exposure:

Financial Management     Contract/Procurement    Internal Controls/Audit       IFRS Compliance

Financial Reporting          Budgets/Management    Financial Statements         Import/Export Logistics

Costing                               Cost-Control                    Accounts Reconciliation    Leadership Skills

Financial Analysis              Forecasting                     Payroll Management        Team – Builder

Risk Assessment                 Stock – Controls              Cash Flow Management   Time – Management

Strategic Planning            Taxation                          Process Improvement        Tally ERP9–SAP/Solomon

Ø  Career Highlights: Demonstrated ability to streamline business operations that drive growth and increase efficiency and bottom-line profit. Strong qualifications in developing and implementing financial controls and processes in addition to productivity improvements, and change management. Possesses solid leadership, communication and interpersonal skills to establish rapport with all levels of staff and management.

Ø  Quick learner, self-motivated, focused, reliable and willing to learn more diverse applications. Strong in meeting deadlines and problem solving.

EXPERIENCE:

o   Responsibilities:

v  Led central financial planning and analysis team supporting CFO, CEO and Country Head.

v  Led & Drove a highest team size of 65 employees including HODs to deliver monthly business targets

v  Managed organization’s financial aspects, procedures and systems in an effective and performance driven manner.

o   Impact:

v  Ensured finance goals, objectives are adhered by prudential financial management systems and facilitated sound business decisions to senior key members

v  Achieved continuous growth in EBIDTA by 2% for 4 successive years

v  Built a strong team down the line to drive disciplined growth and strengthen controls.

o   Achievements/Awards:

v  Awarded Certificate of Achievement in recognition of successfully completing the workshop on – “THE 7 HABITS OF HIGHLY EFFECTIVE PEOPLE”

v  Awarded Certificate of Attendance at the “Actuate Performancesoft Views User Training”

v  Certificate of Attendance – 3 days of training for ISO 9001:2015 – Quality Management system requirements

v  Certificate of Achievement – “Professional Diploma in Digital Marketing – EQF Level 5”

PROFESSIONAL EXPERIENCE [Chronological Order]

1.   Title/Role: Deputy General Manager Finance                                      Duration: 4 Yrs 11 Mos

Silafrica Ethiopia Industries PLC, Addis Ababa, Ethiopia                        April 2014 to March 2019

Industry: Plastic Manufacturing – B2B-Mfg of Plastic Crates and supply to MNC’s of Beverage Industries like Heineken, AMBO, Coca-Cola, and Habesha Breweries etc.

v  Supported business performance & sustainability through financial management, implementation & execution of strategic planning.

v  Benchmarked studies to establish areas of potential Operational & Process improvements.

v  Cut down variable costs by 10%-12%, maintained major fixed cost like employee cost, utility cost & finance cost by pushing and coordinating with the production team to attain maximum production.

v  Furnished monthly MIS Reports to the management with utmost accuracy, 0% tolerance in Bank Reconciliation, 0.05% tolerance in stock reconciliation between book stock and physical stock, 0% tolerance in Leger Accounts Reconciliation, 0.05% tolerance in Material Reconciliation.

v  Reviewed company’s bottlenecks by way of Financial Analysis, Process Analysis and recommended changes with Financial Projections, Cash Flow Projections, and Forecasting to improve the overall efficiency level of the company and bottom line profit.

v  Prepared numerous audit schedules and year-end audits. Led & successfully cleared Tax Assessment Audits with Local Tax Authority [ERCA] under Large Tax Payers category. Negotiated and reduced tax liability by 93% from the initial liability shown by the tax authorities.

v  Overseen the functions of Marketing, Local Procurements, Importations and Legal aspects of the company as a Deputy General Manager.

v  Managed social & technical audits of multinational buyers.

v  Drawn SOP for the Import Department, developed, implemented the guidelines and managed the timely imports of RMs with minimum storage charges. Negotiations in freight rate, Insurance etc. fetched 5% savings to the import cost.

2.   Title/Role: Head Finance & Administration                                                      Duration: 8 Mos

Silafrica Uganda Ltd., Kampala, Uganda                                                  Sept 2013 to March 2014

Industry: Plastic Manufacturing – Mfg of Plastic Crates, Roto Molding & Water Tanks

v  Worked very closely with Project Manager on a new project set up.

v  Managed Treasury Functions– monthly/quarterly forecast/projections of funds requirement and arranged the same from corporate office and monitored proper utilization.

v  I had to quit the country after 8 months since Immigration department did not grant the work permit.

3.   Title/Role: General Manager Finance, Operations & MIS                  Duration: 1 Yr 2 Mos

Revital Healthcare (EPZ) Ltd., Mombasa, Kenya                           Period: May 2012 to July 2013

Industry: Medical Devices Mfg – Mfg of Auto Disable Syringes, Blood Collection Tubes etc.

v  Liquidated the dead stock of almost $500K, brought down the working capital requirement by 15%, reduced finance cost from 14% to 6% and increased net profit by 9%.

v  Hired Energy Audit Expert & got done Energy Audit for the plant that resulted into 20% reduction in Utility expenses.

v  Presentation of accurate MIS to the Board of Directors from Aabraj Group of companies & Bill Gates Foundation. Company made significant contribution towards manufacturing of Auto Disable syringes and other medical devices.

4.   Title/Role: Manager Finance & Commercials                                       Duration: 1 Yr 6 Mos

Neelkanth Lime Ltd., Tanga, Tanzania                                          Period: Oct 2010 to April 2012

Industry: Lime Stone Mfg

v  Headed the team size of 50 expatriates, 60 local permanent employees and 150 casuals.

v  Directed all areas of financial reporting from review of original account entry to budget preparation and analysis. Import-Export operations (Import of 20 containers per month & Export of finished goods through 30-40 trucks/day), availed Duty draw back from customs.

v  Controlled weekly cash flow of approx. $150K, reduced working capital requirement from 11% to 6%.

5.   Title/Role: Manager Finance, Operations & MIS                                              Duration: 2 Yrs 3 Mos

Sumaria Group Tanzania Ltd., DSM, Tanzania                            Period: April 2008 to July 2010

Industry: Holding Company

v  Supported Group Finance Director by providing timely information on group Co’s borrowings, lending so as to enable him to manage the funds at group level.

v  Treasury management, Consolidation of MIS at group level for 8 group companies

v  Championed the development and implementation of a Balanced Scorecard business performance-reporting tool to evaluate monthly results against key success measures.

6.   Title/Role: Manager Finance & Operations                                           Duration: 1 Yr 5 Mos

Tanpack Tissues Limited, DSM, Tanzania                                                Period: Oct 2006 to March 2008

Industry: Paper Manufacturing

v  Achieved Best Manufacturer Award of 2007 by Prime Minister of Tanzania

7.   Title/Role: Executive Finance & Operations                                          Duration: 2 Yrs 8 Mos

S&C Ginning Co. Ltd., Mwanza, Tanzania                                   Period: May 2003 to Jan 2006

Industry: Cotton Ginning & Oil Mfg

v  Supervised and monitored ginnery operations 24×7 along with Finance activities.

v  Maintained 100% accuracy in accounts receivable positions of more than 150 accounts.

v  Controlled movement of transporting harvested cotton from farmers and different villages to ginnery, monitored fleet of 90 heavy vehicles owned by the company. Saving of $400K by controlling the fuel consumption. Exports of Cotton Bales- min 40 trucks per day.

8.   Title/Role: Senior Accountant                                                                  Duration: 3 Yrs 5 Mos

Coatings & Coatings India Pvt. Ltd., Mumbai, India                   Period: Dec 1999 to May 2003

Industry: Manufacturer of Foundry Products

v  Organized & turned manual book keeping system into computerized accounting system and smart records management system.

9.   Title/Role: Senior Accountant                                                                  Duration: 3 Yrs 1 Mos

Monarch Video Vision, Mumbai, India                                        Period: June 1996 to July 1999

Industry: Computer Assembling

v  Supervised and supported account managers and representatives to ensure client satisfaction on their accounts related queries.

10.             Title/Role: Junior Accountant                                                                              Duration: 8 Mos

Gholani & Ashar, Mumbai, India                                                  Period: Oct 1995 to May 1996

Industry: Chartered Accountant’s Firm

v  Interpreted the company’s [listed in the share market] financial results to the clients and help them selecting the best buy/sell tips for their investment in share market.

11.             Title/Role: Cost Trainee                                                                             Duration: 2 Yrs 2 Mos

Kishore Bhatia & Firm, Mumbai, India                                          Period: July 1993 to Sept 1995

Industry: Practicing CA

v  As a Cost Trainee handled Cost Audit of Mahindra Ugine Steel Co. Ltd., Colgate Palmolive of India, Ashish Brush works and assisted seniors with duties assigned.

PERSONAL INFORMATION

Father’s Name                                       :                  Late Shri Babulal N. Dhariya

Date of Birth                                            :                  16th December 1971

Passport No.                                          :                  P7172229 valid up to 25/10/2026

Nationality                                                :                  Indian

Hobbies                                                    :                  Music, Travelling, Learning & exploring new ideas

Languages Known                             :                  English, Gujarati, Hindi, Marathi, Kiswahili, Amharic

EDUCATION AND CREDENTIALS

Bachelor of Commerce with Economics and Accounts – Bombay University, India; March ’93.

Diploma in Computer Software Programming – Excel Computer Institute, Mumbai, March ‘99