Navindra Ippili Appiah
UNKNOWN
Summary
Results-driven, self-motivated, and resourceful professional with a proven ability to provide key financial data, support, and reporting to inform key business decisions. Possesses excellent communication skills, and the ability to build strong relationships both within and outside of a finance department, as well as effectively communicate financial information to non-finance colleagues. Colleagues. Possessing firm financial control and reporting skills, and rigorously ensuring that all statutory and corporate obligations are met. Goal-oriented professional with extensive experience in both non-profit and for-profit organizations. Expert in advising business executives to achieve financial goals and growth targets. Accomplished in improving financial operations by introducing robust internal controls, processes, and standards.
Overview
23
23
years of professional experience
Work History
Financial Controller
Maritim Crystals Beach Hotel Mauritius
01.2018 - Current
- Overseeing all aspects of financial control in the business
- Providing financial, commercial and strategic support to the business
- Plan and coordinate the preparation of the annual budget
- Review and presentation of the budget to different stakeholders
- Overseeing internal financial controls
- Reviewing new & existing business models and capital appropriation requests
- Identify and develop controls and processes to ensure all risks and opportunities are highlighted
- Communicate on a daily basis with Management regarding control for expenses and income potentials
- Preparation and reporting of income and expense forecasts to senior management
- Producing meaningful commentary and analysis of financial data
- Presenting monthly results, budget variances and ad-hoc analysis
- Make recommendation to management regarding the economic feasibility of various programs and projects
- Co-ordinate, project and prepare with management budget forecasts, profit programming, projects and cost analysis thereby contributing towards a more profitable organisation
- Liaise with banks on issues relating to the hotel
- Approval of Purchase Orders and signature of Cheques
Assistant Financial Controller
Maritim Crystals Beach Hotel Mauritius
01.2015 - 12.2017
- Preparation of management information from source data
- Producing monthly management accounts, budgets, forecasts & VAT returns
- Preparation and reporting of income and expense forecasts to senior management
- Developing, managing and motivating a team of 12 members
- Check, supervise and control all purchases, disbursements and expenses of the Hotel
- Maintain a sound knowledge of all financial laws pertaining to the industry and communicate with the General Manager on any changes
- Maintain & upkeep all leases, licenses, permits, insurance, and bank documents and ascertain compliance therewith
- Work with Human Resources on payroll forecast, payroll budgets and procedures
- Initiate, supervise and spot check all stocks taken of inventories and fixed assets
- Supervise the Debtors Controller in minimising overdue balances and losses arising from delinquent accounts and minimise losses arising from uncollected guest and city ledger accounts
- Initiate and actively participate in credit meetings
- Supervise the preparation and timely submission of all required tax returns and other reports to government authorities, Head Office, Owners in accordance with regulations and contractual agreements on a timely basis
- Supervise the Accounts Payable Officer and ensure that the processing of vendor invoices for payment is in conformity with established procedures
- Supervise the Cost Controller and ensure that established procedures are being followed with regard to control of food and beverage cost on daily basis
- Supervise the Accounts Officer responsible for banking and ensure that petty cash fund is being controlled and banking procedures are being followed
- Supervise that market trend for foreign currencies is being followed on a daily basis
- Supervise the Purchasing Officer to ensure that he is looking for the highest quality of product at the lowest possible cost
- Approval of Purchase Orders and signature of Cheques
Assistant Finance Manager
Anahita The Resort Mauritius
09.2012 - 12.2014
- Prepare monthly management account, forecasts & VAT returns
- Handle the accomplishment of different accounting reconciliation as well as the regulation of cash collected from debtors and payments to suppliers
- Preparation of weekly and monthly forecasted cash flow and ensures proper follow up
- Manage the personal account of Homeowners and prepare their monthly Statement of Account
- Full involvement in the preparation of Budget
- Liaise with financial services companies and bank for spot deals, SWAPS and transfers
- Ensures that the Hotel complies with all the legal authorities and hold the required licenses
- I also ensures that the licenses are paid within due date
- Liaising with auditors for interim and end of year audit
- Recruit and interview individuals to become part of the finance department, which include purchasing and store staffs; provide compelling motivations which effectively retain new employees
Accountant
Le Paradise Cove Hotel and Spa Mauritius
01.2009 - 08.2012
- Preparation of the daily and monthly food cost report
- Preparation of Daily Revenue Report
- Prepare monthly management account and variance analysis report
- Monitoring the work of the receivables officer, payable officer, night auditor and accounts clerk
- Help the Financial Controller in the preparation of budgets and forecasts
- Monitoring whether the organization's cost reduction policy is being abide to
- Preparation of monthly tax return and payment of tax using MNS
- Reviewing the internal control system of the Paradise Cove Hotel
- Assisting the Financial Controller in overall management and budgetary control
- Liaising with financial institutions and suppliers
- Interviewing candidates and identifying training needs
Audit Supervisor
Primexis Partners (Mauritius Ltd)
07.2004 - 12.2008
- Fulfilled audit and accounting obligations as well as performed tax computations and returns for diverse groups, such as cooperatives, shops, welfare funds
- Prepared essential information, such as statement of assets and liabilities, for submission to the Mauritius Revenue Authority (MRA) in association with clients' tax assessments made by the MRA
- Dealt with Value Added Tax (VAT) assessments done by the MRA and attended to clients' queries through active coordination with MRA officers
- Incorporated companies in accordance with the Mauritius Companies Act 2001
- Prepared minutes pertaining to the changing of company name, appointment and resignation of Directors and Secretary, increase in a company's issued share capital, registered office amendments, and bank account opening
- Handled the preparation and filing of Annual Returns according to the Companies Act 2001
Educator
Modern College Mauritius
01.2003 - 12.2008
- I had a fruitful career in the education sector, as an accounting teacher, whereby I taught Accounting to A level students
- I was promoted as the Head of Department of the Accounting Department as from January 2005
Auditor
KPMG (PEAT MARWICK) Mauritius
06.2002 - 12.2002
- Prepared audit both statutory and non-statutory accounts
- Involved in the audit of various organizations especially in banking institutions
- Working in a team or alone and reporting directly to audit supervisors and / or manager
- Audited all balance sheet sections and profit and loss items including Company search at Registrar of Companies and with company secretary
- Fixed assets verification and inventory valuation
- Year end and periodic stocktaking
- Verification of land-deeds
- Special assignments on company valuations
- Preparing management representations letters and management letters
Education
ACCA -
Association of Chartered Certified Accountants
01.2008
BSC (Hons) - Accounting and Finance
University of Mauritius
01.2002
Higher School Certificate -
University of Cambridge
01.1997
School Certificate -
University of Cambridge
01.1995
Skills
- Microsoft Excel
- Microsoft Word
- Microsoft PowerPoint
- Sun System 5 Accounting Software
- Filosof
- ACCPAC Accounting Software
- Vision Opera System
- Fidelio Suite 8
- Micros Materials Controls
References
Available upon Request
Area Of Expertise
- Pricing and Costing
- Business Development
- Planning and Forecasting
- Project Management
- Book-keeping
- Team Management
- Risk Management
- Balance Sheet Management
- Management Accounting
- Budget Monitoring
- Cash Monitoring
- Strategy Implementation
- Process Streamlining
- Task Management
Personal Information
- Age: 44
- Date of Birth: 02/17/79
- Marital Status: Married
Timeline
Financial Controller
Maritim Crystals Beach Hotel Mauritius
01.2018 - Current
Assistant Financial Controller
Maritim Crystals Beach Hotel Mauritius
01.2015 - 12.2017
Assistant Finance Manager
Anahita The Resort Mauritius
09.2012 - 12.2014
Accountant
Le Paradise Cove Hotel and Spa Mauritius
01.2009 - 08.2012
Audit Supervisor
Primexis Partners (Mauritius Ltd)
07.2004 - 12.2008
Educator
Modern College Mauritius
01.2003 - 12.2008
Auditor
KPMG (PEAT MARWICK) Mauritius
06.2002 - 12.2002
ACCA -
Association of Chartered Certified Accountants
BSC (Hons) - Accounting and Finance
University of Mauritius
Higher School Certificate -
University of Cambridge
School Certificate -
University of Cambridge
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