Neeraj Chandan
Chartered Accountant | Cost Management Accountant
Accra
Summary of Career
1. Growth-focused, results-driven and highly analytical professional with wide-ranging experience in financial and accounting administration; taxation; business operations; risk management; and critical business analysis
2. Adept at managing the entire finance and cost operations; overseeing and leading teams of professionals; and preparing budgets, cash flow statements and final accounts
3. Known for problem-solving and critical thinking skills in evaluating issues, formulating strategic action plans and resolving complex situations
4. Skilled at ensuring high-quality and on-time completion of financial and cost audits, along with strong capability to adapt and thrive within critical and fast-changing environments
5. Multilingual in English, Hindi and Punjabi.
6. Technically proficient with Microsoft Office Suite (Word, PowerPoint, Excel and Outlook); ERP package(Ebizframe) accounting (Tally. ERP), banking and hotel software
7. Perform multiple duties such as completing periodic stock, payroll, system and profit centers’ audits; finishing daily group bank summary, MIS and import status report to managing director (board of directors); and guiding the latest amendments in laws and accounting by initiating staff training
8. Ensure adherence to International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS) in analyzing and preparing profit and loss (P&L) and balance sheet schedules for monthly, quarterly and annual financial and management accounts
9. Serve as the driving force in streamlining the processes involved in intercompany, banks, stock, debtors and creditors reconciliations and payments
10. Efficiently identify and resolve performance issues through close review of reports, accounting affairs, working capital, payments, ratio analysis and monthly management accounts
Experience as Deputy General Manager
13 January 2009
08 March 2019
-Ensured adherence to International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS) in analyzing and preparing profit and loss (P&L) and balance sheet schedules for monthly, quarterly and annual financial and management accounts
-Generated revenues and increased the profitability by providing strategic recommendations based on the review and update of standard cost, product margins, cost variances, trends, financial commitments and business functions
-Improved the ongoing project performance evaluation in conformity with allocated budget through introduction of cost value reconciliation (CVR)
-Developed and executed transfer price and activity-based accounting for intercompany transactions that brought growth in individual cost centers and intergroup companies, as well as identified actual product costing
-Implemented costing and production reports highlighting cost incurred for key factors on daily basis. Devised strategies to reduce cost, revised selling prices to maximise the wealth of the organisation
-Served as the driving force in streamlining the processes involved in intercompany, banks, stock, debtors and creditors reconciliations and payments
-Efficiently identified and resolved performance issues through close review of reports, accounting affairs, working capital, payments, ratio analysis and monthly management accounts
-Displayed proficiency in studying customer research, market conditions and competitor behaviors which generated comparative analysis of?financial performance and variances
-Implemented internal control, daily MIS and standard costing techniques which successfully made the group loss-making associate company (manufacturing building materials) in to a profit-making company within a year
-Played a vital role in organizing competitive and profitable finance from banks and restored previous-taken finance which was at higher rate of interest
-Strategically managed revenue authorities, VAT and excise departments audits which generated savings in company demand tax liability by presenting accounting standards and interpreting law
Experience as Chief Financial Officer
13 March 2019
10 December 2019
-Manage overall finance and cost operations, which involve close monitoring of accounting, audits, costing, imports, exports, taxation, budgeting, working capital, project management, corporate affairs and banking operations
-Directly report to group Managing Director, while overseeing a team of 25 accounting professionals
-Create and distribute analytical evaluated reports, financial statements and cost centers evaluations for board review and decision making that provide real time business evaluation
-Administer financial and costing processes and data accuracy through development and monitoring of management information system (MIS); management reporting; internal control and audit; budget; costing analysis; and cost control systems
-Fulfill various responsibilities including preparing group annual budget, verifying monthly management accounts and completing year-end financial statements and performance analysis
-Perform multiple duties such as completing periodic stock, payroll, system and profit centers’ audits; finishing daily group bank summary, MIS and import status report to managing director (board of directors); and guiding the latest amendments in laws and accounting by initiating staff training
-Prepare feasibility reports for new business consolidation and support the software development for payroll, plant and transport and cost centers
-Play a vital role in organizing competitive and profitable finance from banks and restored previous-taken finance which was at higher rate of interest
-Reframing Collective Agreements after involving the mother and local unions for the organisation interest
Master 15 March 2016
CIMA, CGMA ( UK)Master 13 February 2003
FCA ( India)Master 25 December 1997
CMA (India)