Profile SummaryResult-oriented, analytical professional with impressive success in managing the entire gamut of financial & accounting matters involving preparation of financial statements and annual closing of accounts as per accounting standards under IFRS/IAS. Skilled in budgeting, Consolidation of accounts, banking & cash transactions, working capital management, payables & receivables, audits, reconciliations, banking matters and statutory compliance. Impressive success in managing treasury functions including long & short term funding, credit control, cash flow forecasts, so on. Expertise in processing of Accounts Payables including posting & balancing of daily cash applications, preparing journal entries, filing of records, reconciliations, processing of billing & credit notes, reconciliation of customer accounts, credit analysis and collections. Team player with excellent planning, analytical & problem solving skills; exceptionally respectful and appreciative of diverse cultures and viewpoints.

Core Competencies Academic Details Bachelor of Commerce from K.J. Somaiya College of Arts and Commerce, Mumbai University, India in year 1996

Training Attended ISO 9001: 2000 Internal Auditor Training, by RWTUV in 2004 year

IT SkillsAccounting Packages: Quick Books Pro (American Accounting Software), Tally, Peach Tree Office Tools: MS Office (Word, PowerPoint and Excel)

Personal DetailsDate of Birth: 14th November 1975Languages Known: English, Hindi, Malayalam, MarathiAddress: Al Bafta Plaza, Mankhool, Dubai, UAENationality: Indian; Marital Status: MarriedNo. of Dependents: 3; Passport Details: N3885909Visa Status: Employment Visa; Driving License: UAE License

Soft Skills

PRAVEEN BALAN NAIR SENIOR FINANCE & ACCOUNTS PROFESSIONALOver 19 years’ rich experience with expertise in managing complete Finance & Accounts function of leading organizations in diverse industries such as Shipping & Steel Trading

Targeting assignments in Finance & Accounts with a leading organisation in UAE / Australia / GCC / South East Asia / India

praveen_nair75@yahoo.com +971 - 50 - 5572060

Accounting & Treasury Operations

Budgeting & Forecasting

Funds Flow & Cash Flow Management

Accounts Payables & Receivables

MIS Reporting

Internal/External Audit, Due Diligence

Bank & Inventory Reconciliation

Inventory Management

Change Agent

Collaborator

Communicator

Motivator

Career Timeline Work ExperienceSince Sep’05 -Till Date: GNH PJSC GroupGrowth Path:

Sep’05 – Jun’09: Gulf Navigation Holding PJSC, Dubai as Senior Accountant (Ship Management, Vessel Owning & Chartering Div.); Reported to: Finance Manager/Finance Controller; Team Size: 5Since Jul’09: Gulf Stolt Ship Management Co., Dubai as Finance & Accounts Manager; Reporting to: President; Team Size: 7

Role: Supporting top management for formulation & implementation of policies, procedures and internal control systems for effective financial operations Managing complete preparation & finalization of monthly, quarterly, half yearly and annual financial statements under IFRS, such as Profit & Loss Account, Balance Sheets, Cash Flow Statement, A/R & A/P Aging Reports, Age-Wise Accounts Payables & Receivables Statements, Fixed Asset Register, Bank Reconciliation and Consolidated ReportsDeveloping, analyzing & implementing budgets; monitoring budgets for deviations, conducting variance analysis and making recommendationsEnsuring timely realization of debtors and monitoring payments made to vendors; tracking accounts receivable / payable accruals and reconciliation of accounts receivable / trial balance to the general ledgerEstablishing internal control measures over key financial processes like Accounts Receivable and Accounts Payable Enabling smooth execution of all legal contracts & financial covenants including treasury activities and building relationships with bankers Preparing financial reports (MIS) such as debtors ageing, variance analysis of actual performance with budget & previous year- sales report, DSO tracking for sales units- segment wise and other adhoc reports Managing external audit process including preparation of year end and interim financial statements; assessing internal controls and developing/ improving existing processes and systems to strengthen internal controls

Significant Accomplishments:Reduced financial cost by 30% through better working capital management, regular meetings with cross-functional departments and by highlighting potential areas where cost could be further reduced Improved operating margin by 10% through contract purchase, by directly purchasing from makers, etc.Implemented new financial policies & procedures; set-up an in-house accounting software in the companyPlayed a key role in providing key financial information to the Fleet Manager/President in areas such as operating results and budget versus actual; reported issues with respect to planning and budgetingEnsured proper calculation of Bunker Consumption & Inventory for the respective vessels in Voyage CharterPerformed review of crew salary for all vessels and ensured timely processing of salary is of all crew on-board; developed Voyage Hire Statement reflecting total hire to be received and estimated expenses (PDA, Commission & other agency cost) booked against the particular voyage; tracked estimated expenses booked & actual invoice received Reviewed accounts related information received from ship for evaluation of monthly consumption (Bunker, Lube Oil & Victualling) as per average consumption and highlighted

2005 – 2009Gulf Navigation Holding PJSC, Dubai as Senior Accountant

Since 2009Gulf Stolt Ship Management Co., Dubai as Finance & Accounts Manager

2002 - 2005Qaisar Steel Trading CO LLC, Dubai as Accountant

2000 - 2001United Bright Steels Ltd., Jebel Ali, Dubai as Junior Accountant

1997 - 2000S.S. Mani & Co., Mumbai, India as Accounts Assistant

abnormalities to the seniors

Previous Work ExperienceJan’02 – Aug’05: Qaisar Steel Trading Co. LLC, Dubai, UAE AccountantMar’00 – Nov’01: United Bright Steels Ltd, Jebel Ali, DubaiJunior AccountantFeb’97 – Feb’00: S.S. Mani & Co, Mumbai, India Accounts Assistant