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N.

RADHAKRISHNAN
Phone: ++971 50 634 7646 Email: radha111@gmail.com http://ae.linkedin.com/in/radha111 ______________________________________________________________________________________________

Objective Seeking CFO /Group CFO /Finance Director /CEO roles in FMCG /other industries to leverage my international experience in GCC / Middle East / Asia /Africa -- as a Finance executive with a strong commercial / operational orientation , with proven leadership ,communication and analytical skills . Education

Graduation in Commerce with Honours from Madurai University, India in 1976. Rank Holder Fellow Member of The Institute of Cost and Works Accountants of India in 1980. (CMA equivalent) Graduate member of The Institute of Company Secretaries of India in 1982.

Personal Details Date of Birth: 04-Sep-1955 / Nationality: Indian / Married with two children (27 and 21)

Employment History IFFCO GROUP (SHARJAH, U.A.E.)


Director Finance (reporting to business leaders and to the Group Director Finance)

Oct 2008 March 2013

IFFCO is a leading producer of various food products. It has 23 manufacturing locations across Asia, Africa and Middle East. Till Dec11, I was responsible for all CFO functions of 10 business units under two verticals 5 manufacturing operations and 5 trading companies across 7 countries situated in GCC and North and South Africa revenues of USD 400 million p.a. FMCG Biscuits and Snacks, (UAE, Oman and Tunisia), Chocolates and Confectionery (UAE), Ice cream (UAE), Beverages and Culinary (UAE) and Distribution Companies: (UAE / Saudi Arabia / Oman / Kuwait / South Africa) From Jan 12 took over three verticals of total of 12 units Agrifoods Wheat Flour, Animal Feed, Frozen Meat products, Poultry, Pasta, Pulses, Bakery Ingredients and Fruits, Packaging: Corrugated boxes, PET preforms, PVC packaging and closures Transportation: integrated land transport, bulk material handling, freight forwarding and shipping agency Supervised a team of 42 finance staff Apart from routine CFO functions like accounting , controls, treasury , audit ,business analysis , NWC management ,evaluation of new projects , feasibility studies ,insurance , taxes etc. , I was also responsible for formulating and implementing strategies for growth

Radha CV Page 1 of 6

N. RADHAKRISHNAN
Phone: ++971 50 634 7646 Email: radha111@gmail.com http://ae.linkedin.com/in/radha111 ______________________________________________________________________________________________

Key Achievements Implemented process of continuous monitoring of business performance and revamped the MIS reducing delays in management reaction time by 50 % Restructured Net Working Capital (NWC) Management evaluation of opportunities and control systems in Inventory /Receivables /Payables resultant savings USD 100 k p.a. Re-organised credit terms of different channels and products and aligned them across product groups (when a local distribution company for all IFFCO businesses in UAE was formed in 2012) resulting in improved collection and reduced overall DSO by 25 % Innovated a solution to avoid payment of listing fees to local modern trade chains on multiple business entities of IFFCO Till Dec 11 ongoing annual savings of USD 250k p.a Arranged equipment finance (I.T) from a 3rd party leasing company on favourable terms total savings of USD 75 k over 5 years Achieved cost savings of USD 100 k by improved processes in inventory management, by focusing on near expiry raw materials in the Chocolate plant Organised a study with Tata Consultancy Services to review and improve Business Processes in the FMCG vertical resulting in improving operational efficiency in Supply Chain to the extent of 25 % increase in KRA accomplishments Managed (as a Steering Committee Member) the Oracle ERP Implementation project costing USD 25 million over three years completing the project on time and within budget Established a branch in South Africa for trading, starting from scratch legal structure, licenses, administrative set up, outsourcing of finance, logistics and distribution was able to cut down time to market by six months Involved in M & A activities Nabil Biscuits Oman (publicly listed) eventually becoming a Board member Established strong internal control processes and procedures to reduce the impact of violations investigated major incidents in the distribution companies in Saudi and Kuwait and finalized the rectification actions Implemented a cost effective ERP for Nabil Biscuits USD 200k appropriate to the size of the business Rewarded for my commercial orientation and operational skills by given the responsibility of Interim CEO on two occasions LAP Tunisia (6 months), Seville Chocolates (6 months) with PNL responsibility during my tenure as CEO I achieved turnaround of chocolate plant operations from a loss making to a profit making unit

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N. RADHAKRISHNAN
Phone: ++971 50 634 7646 Email: radha111@gmail.com http://ae.linkedin.com/in/radha111 ______________________________________________________________________________________________

ENERGIZER & SCHICK MIDDLE EAST & AFRICA (DUBAI, UAE)


Regional Finance Director (reporting to Regional CEO and to the Finance Director-- Asia Pacific)

Nov 2004 Oct 2008

Handled all the CFO functions of 4 business units - 2 manufacturing operations and 2 trading companies across 4 countries UAE, Egypt, Kenya and South Africa revenues of USD 300 million p.a Acted as Board Member in two public companies in Egypt and Kenya Supervised a team of 44 finance staff Key Achievements Introduced accelerated closing to reduce time for MIS to reach HO in USA by 4 working days reduction of 40 % in time leading to improved decision making Implemented (as a part of the global team) Market Profit Reporting to streamline performance evaluation leading to increase in Sales by 20 % Implemented SOX compliance in all the units at a reduced time line saving in budgeted costs USD 150 k Managed the credit terms of 55 distributors to optimize deployment of working capital reduction to DSO leading to savings in interest costs USD 80 k p.a. Controlled Finance & Admn costs to the benchmark PwC study to less than 1 % of sales in UAE operations only saving of USD 55 k p.a. Implemented the Global performance management system of OPAWACC similar to EVA increasing profits of the Region by 12 % Re-negotiated the outsourcing contracts with the 3PL logistics provider in South Africa for collections annual savings of USD 30 k p.a. Handled the IPO of Eveready Kenya (part of Energizer)taking the company public and getting it listed in the Nairobi Stock exchange independently Contributed to the of parent companys bottom line on the above transaction USD 800 k one time capital gain profits on sale of shares due to the equity dilution Developed and implemented training and development programmes Finance for Non-Finance and Commercial partnering / Decision support Finance staff --increasing the competitive advantage to the Company and also reducing the attrition rate by 10 % --in addition to cost savings ( due to internal vs. external training ) of USD 55 k

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N. RADHAKRISHNAN
Phone: ++971 50 634 7646 Email: radha111@gmail.com http://ae.linkedin.com/in/radha111 ______________________________________________________________________________________________

ENERGIZER INDONESIA (JAKARTA)


Finance Director (reporting to local CEO and Finance Director -- Asia Pacific)

Dec 1999 Oct 2004

Handled all the CFO functions of Eveready operations manufacturing and exporting to 83 countries and local distribution worked closely with Malaysia, Singapore, Thailand and Hong Kong units for transfer pricing arrangements revenues of USD200 million p.a Started with a team of 70 finance staff and reduced to 44 Key Achievements Designed and implemented a new legal structure to combine two local entities savings in administrative cots USD 40 k p.a. Revamped the local distribution business closing high risk and non-viable warehouses and outsourcing the logistics net savings to the tune of USD 85 k p.a also leading to improved controls and reduced risks due to the rationalization exercise Controlled manual invoicing process and implemented hand held machines to improve process of billing for van sales --prevented revenue leakage --USD 25 k p.a. Improved the Working Capital cycle through better management of receivables in spite of increase in sales --through incentives , negotiation with modern trade etc. --savings in interest costs USD 40 k p.a. Renegotiated the contracts with transport operators (from value to volume) --change necessitated due to change in the business model saving USD 135 k p.a Saved finance staff costs by rationalization USD 45 k p.a. Implemented Scala ERP to accelerate the system development process reduced the time to go live from 18 months to 12 months savings in project costs USD 90 k Innovated a solution for the need for export documentation prior to actual delivery by working with the vendors estimated savings due to reduced time and improved operational efficiency USD 35 k p.a. Implemented Transfer Pricing policies to facilitate international tax planning efforts /initiatives by Corporate tax department . Managed the local tax issues arising out of the above process and finalizing the backlog of tax assessments for 4 years Promoted to a Regional position in Dubai
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N. RADHAKRISHNAN
Phone: ++971 50 634 7646 Email: radha111@gmail.com http://ae.linkedin.com/in/radha111 ______________________________________________________________________________________________

EVEREADY EGYPT (CAIRO)

Aug 1997 Dec 1999

Finance Director & Company Secretary (reporting to local CEO & Finance Director -- Asia Pacific)

Handled all the CFO functions, Corporate Law and also I.T functions of a highly successful operation manufacturing for local market and exporting to 18 countries revenues of USD 100 million p.a

Supervised a team of 32 finance and I.T staff Key Achievements Introduced accelerated closing to reduce time for MIS to reach HO in USA by 5 working days reduction of 50 % in time leading to improved decision making Reorganised local distribution business introduced entrepreneurship model to top 20 sales supervisors and eliminated market collection and related risks to the Company reduction in costs due to reduced provision for bad debts USD 50 k p.a Reduction in legal costs (drop in litigation resulting from above measure) USD 30 K p.a Saved finance staff costs by rationalization USD 45 k p.a. Managed the challenge of Y2K by implementing Scala ERP ensuring continuity of business operations Improved upon the legal structure to get the continued benefit of advertisement subsidies for locally manufactured goods benefits USD 60 k p.a. Managed the refund process with tax authorities by finalizing backlog of 5 years of assessments and getting a refund of USD 350 k savings of USD 35 k for three years Negotiated the notional rate cost of capital with the tax authorities and obtained reduction in tax payments USD 25 k for 4 years Developed a strong local finance team and eliminated expatriate Finance Director position --net saving --USD 40 k p.a. Promoted as Finance Director for Indonesia

NEWZEALND MILK PRODUCTS (DAMMAM, SAUDI ARABIA)


Financial Controller (reporting to local CEO)

Dec 1996 Aug 1997

Handled design and development of special financial reports through oracle Financials as a short term project

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N. RADHAKRISHNAN
Phone: ++971 50 634 7646 Email: radha111@gmail.com http://ae.linkedin.com/in/radha111 ______________________________________________________________________________________________

COCA-COLA GULF (BAHRAIN)

May 1989 Nov 1996

Regional Finance Manager (reporting to Regional Manager for GCC and Finance Director for Middle East in U.K)

Handled all the finance functions and I.T functions of a startup operations of the global brand leader US complying to US standards of operational efficiency

Key Achievements Established processes to meet challenging reporting deadlines of the US head office reduction in time from 7 days to 3 days Implemented local version of EVA pay for performance reduced capex by 25 % Introduced Budget Control System for Joint Marketing Expenses annual savings resulting from close monitoring and better utilization of the budget and improved cash flow to the bottlers to the tune of USD 75 k p.a. Innovated a solution for ascertaining Bottler profitability in new markets reduced the time for decision making by 50 % (from 12 weeks to 6 weeks ) Managed the lend lease" programme for equipment purchase designed by Corporate and implemented locally annual savings in bottlers cost USD 30 to 50 k depending on their cost of capital Reconstructed the accounting and MIS reporting infrastructure in the Kuwait operations after the war and streamlined the operations Investigated a major control incident in Qatar and saved further damages USD 55 k Developed training programmes in-house for sales /marketing /finance staff saving USD 60 k

Previous Assignments Bahrain Light Industries ( Bahrain ) Finance Executive Liberty Oil Mills ( Bombay , India ) -- Plant Controller New India Assurance ( Bombay , India) --Asst Accounts Officer Indian Overseas bank ( Chennai , India ) Clerk Alpha Cost --Accountants ( Chennai , India )Cost Assistant Mar 86 -Apr 89 May 81 Feb 86 Sep80 Apr 81 June 77 Aug 80 June 76 May 77

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