CAREER SUMMARY: Over 3 decades of managerial experience in Accounts, Banking & Finance, Commercial, Sales & Marketing, Logistics, Administration & Human Resource Management across sectors like Manufacturing, Trading, Banking and Service Industries CAREER HIGH LIGHTS & KEY ACHIEVEMENTS: CORPORATE MANAGEMENT: * A Strategic planner and active member of the Board. Participated in Board meeting & Shareholders meeting, provided adequate financial information, forecasts and updated status to facilitate short term and long term planning and decision making * Organized and directed at all levels to understand the corporate vision and the need to achieve it. Trained and motivated the employees. Empowered them with respect, recognition and rewards. This has increased operational efficiency to 95% with "A" Grade production to 97.5%. Reduced labour Turnover, lower inventory, reduced operating cycle and 15% savings in Fixed and Variable overhead spending. * Controlled the organization by setting standards, code of conducts and ethics, measured the actual performance against budgeted and took correct steps wherever there is a deviation. PROJECT SETUP, VENTURE CAPITAL AND PRIVATE EQUITY: - * New Ventures Specialist from idea to conceptualization, planning, preparation of project feasibility studies, financial projections, evaluating the project and helping the investors to decide on Capital Investments. * Assisted investors to set up off-shore and on-shore Companies like Textile Manufacturing Plant in Jebel Ali Free Zone, Fabric Manufacturing Unit and Garment Manufacturing Unit General Trading Company and Express Courier and Logistics Company in UAE and Overseas. * Assisted the Managing Director and be an effective Communicator with convincing skills to attract Investors in Equity Participation in the New Ventures. Following Investors had participated in equity investments: Al Tayer Group-UAE, Al Ghurair Group-UAE, Mohammed Al Mojil Group- Saudi Arabia and Investors from USA, UK, Pakistan and India. PROJECT MANAGEMENT: * A Strategic Planner with Project Management Skills and achieved a cost savings of more than USD 1 Million by * Negotiated with Civil contractors based on BOQ * Following up every stage of civil works and timely completion, * Synchronizing recruitment, arrival of manpower and machinery erectors * Less wastage during trial run and commenced Commercial production at a shortest span of time. SHAHJEHAN VR. CV- Page- 4 CORPORATE FINANCING & BANKING: * Negotiated with Lenders and obtained Term Loan at a favorable interest rate at Libor+1.5% through consortium of Banks (Emirates Bank, Gulf International Bank Bahrain, Standard Chartered Bank) and Working Capital Facilities from Emirates Bank, Citibank, Habib Bank AG Zurich, United Bank Limited, Standard Chartered Bank and RAKBANK.. ADCB, DUBAI ISLAMIC BANK * Negotiated with Machinery Suppliers towards Suppliers Credit with 10 half-yearly installments at a very nominal interest rate. * Efficient management of LC and TR Limits, PDC discounting, Bills discounting and Negotiation of export documents within 24 hours of shipment resulted a savings of 20% on banking fees and Interest charges. * Achieved a huge savings of more than USD 360,000 in bank Interest by directly discounting Export documents by the LC issuing Bank. COST & MANAGEMENT ACCOUNTING: * Hands on experience in implementing Cost and Management Accounting Systems, preparation of bottom up budgets performance review, variance analysis and steps to control negative variance. * Selected profitable product mix by Cost Analysis, Product Costing, Product Pricing * Applied Marginal Costing Techniques, Break Even Analysis, and Cost & Volume Profit relationship to increase the profitability. * Managed working Capital, reduced Operating Cycle by 30% to 80 days, storage costs by 10% and ensured just in time inventory, shorter Accounts Receivable days, and longer account Payable days by maintaining Vendors relations * Reduced Workers' compensation costs by 40%(USD 700000) annually by eliminating one shift by re-scheduling the working hours, payment of overtime, savings in end service benefits like Gratuity, Leave Pay etc.. FINANCIAL ACCOUNTING & MIS REPORTING: * Implemented Computerized Accounts, ERP Systems and ensured that the accounting is maintained as per IAS/GAAP Standards. * Ensured that the monthly Accounts closing is done latest by 7th of the succeeding month by Full cycle accounting, consolidation of accounts and reconciling books. * Prepared monthly Financial Statements, Funds & Cash flow statements, Balance sheet, KPIs and other MIS reports for performance evaluation and review by the Management and Board. * Interpreted Financial Statements, Ratio Analysis etc for management review and strategic decision making. * Coordinated with External Auditors for the Auditing. INTERNAL CONTROL, AUDIT, RISK MANAGEMENT & DIVERSIFICATION: * Implemented Internal Control Systems for all financial and statutory matters, segregated duties, ensured that code of contacts, ethics are communicated and followed at all levels. * Managed Assets and performed physical verification of fixed Assets, inventory stock taking, physical checking of employees etc. * Managed Risks by adequate Insurance Coverage to protect moveable and immovable properties, Workmen Accident & Compensation, Medical health Insurance, Foreign exchange hedging, Loss of Income, third party liability protection etc. to reduce and avoid financial and operational risks. SHAHJEHAN VR. CV- Page- 5 COMMERCIAL & PROCUREMENT: * Headed and Managed Commercial functions of Import and Export Department. * Negotiated with Suppliers for best quality, better pricing, terms of payment and timely shipment. Responsible for maintaining adequate stock or raw material for un-interrupted production. Opening Letters of Credit, availing TR facility and clearing of import documents in time. * Handled Export operations. Planning, Order booking, reviewing, contract issuing and co-coordinating with production department for shipment as per Sales Contract. Negotiation of documents within 24 hours of shipment. SHIPPING, LOGISTICS & SUPPLY CHAIN MANAGEMENT: * A Strategic planner with expertise in implementing efficient timely distribution of products resulting improved shipment efficiency by 20% and cost saving measures to achieve reduction of 15% in terms of logistics cost. Handled 360 x 40' containers towards import and 400x20' containers towards export. * Helped the investors to set up an Express Courier and Logistics Company in UAE and overseas. Lead and managed the company. * Ensured delivery of documents and parcels all over UAE at the quickest possible time. * Negotiated for better rates and established business tie-ups with DHL/TNT/FEDEX through TCS and Aramex for import and export shipments. * Established business tie-ups with Transport Companies for domestic and GCC transportation. * Established business tie-ups with overseas Courier companies, shipping companies, Airlines, Transport companies for inbound and outbound shipments. * Handled personal effects and door to door cargo delivery to India, Philippines and Bangladesh. * Handled customs documentation, customs clearing and warehousing * Managed Supply chain distribution/delivery of consumer goods to various outlets for the customer. * Improved Customer Service satisfaction 3% annually through supply chain management initiatives. SALES, MARKETING & BUSINESS DEVELOPMENT: * Increased Bottom line sales by 30% and holds merit of traveling across European Countries, Switzerland, Bahrain, Oman, Saudi Arabia, Mauritius, Malaysia, Singapore, Korea and China to meet and strengthen the relationship with existing buyers and prospective buyers for direct sales. * One of the top 7 exporters in the world to export grey fabrics to USA under Category 317. Created a new fabric, bull denim cotton fabrics and exported to USA nearly 12 million meters every year Ahieved 25% (5 million meters) of UK market share in Sateen fabrics * Established a loyalty name in Italian market for the supply of bottom wear fabrics and furnishing fabrics in Germany * Manufacturing and Delivering Workwear Garments to most of the Companies and industries in UAE with Blanket agreements for annual purchases. Established Mumtaj International and Synclad work wear as the most reliable and quality supplier of Workwear in the UAE market. * Handled Office supplies, hotel supplies marketing to many companies and Hotels in UAE. * Participated in Trade Fairs and Exhibitions to promote company products. SHAHJEHAN V.R. CV-Page 6 ADMINISTRATION & HR MANAGEMENT & SKILL DEVELOPMENT: * Expert in General Administration and security and maintenance of Building, Plant and Machinery, Furniture & Fixtures, Office Equipment and Vehicles. * Recruited more than 450 workers from India, Pakistan, Bangladesh, Philippines, Srilanka, Nepal. Taken care of their accommodation and other facilities. Completed their Visa and medical formalities. Maintained employee records, administered pay roll, prrovided them training, evaluated their performance and rewarded with Incentives, Best Employee of the month, salary increment and promotion etc. * Liaison with external governmental departments like Jebel Ali Free Zone, Saif Zone, Department of Economic Development in Dubai, Sharjah, Ajman and Umm Al Quwain, Ministry of Economy, Empost and Trade councils, chambers of Commerce Civil Defense department and Municipalities.

Highlights:

• Financial Industry
• Banking Industry
• Sales
• Textiles
• CFO
• Accounting
• Accounts Receivable
• Airlines
• Audit
• Balance