Sanjeev Kapur
Calgary,AB
Summary
Sanjeev Kapur brings extensive experience in controllership functions and a deep understanding of finance, accounting, budgeting, and cost control principles. Well-versed in Generally Accepted Accounting Principles and IFRS, Sanjeev has demonstrated a proven ability to drive significant process improvements by implementing new checks and controls to enhance performance and efficiency. With nearly two decades in the field, Sanjeev has successfully led strategic and financial teams to achieve operational excellence at renowned corporations like Rio Tinto, Nokia Siemens, Fluor Corporation, Linde AG, and Tetra Pak.
Overview
25
25
years of professional experience
Work History
Senior Finance Business Partner
Rio Tinto
01.2023 - Current
- Managing Month End review for 1.2B USD revenue of Aluminum business in a smelter, reporting to the Management the Key facts for the overall production and other areas of the plant.
- Involved in Value creation and other meetings with business for cost reduction and attaining efficiencies in the operation.
- Coordinating and key ally to the controllership team & other Group services teams with all the necessary reporting and analysis from the plant
- Driving process with support in the Atlantic operations for Aluminum
- Driving process with support in the Atlantic operations for Aluminum
- Managing financials for Calcine coke refinery
- Drove revenue growth by identifying opportunities for cost optimization and process improvements.
- Managing and preparing budget for a joint venture
- Enhanced financial reporting accuracy by streamlining data collection and analysis processes.
- Streamlined month-end close procedures by implementing automation tools and optimizing reconciliation processes.
Head of Finance
Esharah Etisalat Security Solutions LLC
11.2018 - 01.2023
- Managing shared services for 240 projects and leading Finance, HR Payroll, Procurement, Inventory management and closely coordinating with Project management teams.
- Managing all aspects of financial management, including corporate accounting, regulatory and financial reporting, budget and forecasts preparation, risk management, as well as development of internal control policies and procedures.
- Engaged in Projects for Telecommunication, Security and CAD solutions. Having complete responsibility from Commercial to Financial accounting. Partners to Expo 2020 and handling other key customers in the Government and hospitality industry (contracts more than $100M)
- Involved in supporting the management and doing feasibility study for futuristic business areas
- Key member of the management team and participating in process enrolment and key business decision making
- Part of the Organization change management team and rolling out processes with the growth in business
- Oversaw annual audit process, ensuring accurate representation of financial position in accordance with GAAP standards.
- Led implementation of new ERP system, increasing efficiency within the finance department while enhancing data visibility.
Finance Manager
AL SUBEAI INVESTMENT GROUP
10.2017 - 09.2018
- Heading finance role for Saudi Arabia based investment group for their diversified investments in various sectors like retail, construction, industrial, real estate, trading etc.
- Implement policies, SOP’s and processes for financial and operational controls and efficiencies
- Provide technical expertise and advice on financial issues to functional or operational areas managers to help them develop revenue and expense budgets
- Develop and implement annual project feasibility financial analysis templates, reporting and analysis methodology
- Develop and implement project financial health check reporting including ROI and other investment criteria factor reporting.
- Consolidation of group financials and working on return on investments
- Reviewed documentation and identified financial discrepancies where applicable.
- Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
Manager, Finance for RHI Clients
ROBERT HALF INTERNATIONAL
Seattle, Washington
10.2016 - 09.2017
- Supporting Corporate Finance Director in Financial Analytics and Budgeting for Savers Inc. and Western Financial group
- Formulation and implementation of process of $150 million Corporate Shared Services Budget
- Accomplished multiple tasks within established timeframes.
- Conducting Comparatives of actuals to budget variance analysis
- Corporate cost allocations to business units using the implemented model
- Cash flow management- working capital debt coverage
- Development of ad hoc reports for CFO
- Making corporate operation presentations on monthly status
- Working on quarter end reports to board on Corporate Finance
- Maintained professional, organized, and safe environment for employees and patrons.
- Managed and motivated employees to be productive and engaged in work.
- Enhanced customer satisfaction by resolving disputes promptly, maintaining open lines of communication, and ensuring high-quality service delivery.
Finance Manager
LINDE AG
11.2015 - 04.2016
- Linde engineering is a pioneer in the development of customized process solutions. Customers in more than 100 Countries around the globe partner with Linde whether they want engineering, construction or oriental support.
- Supervision the finance, controlling and accounting department for Linde Engineering Middle East and Linde Arabian contracting.
- Supervision of the Treasury department
- Supporting VP for financial discussion / matters for the region
- Implementing the Analysis for the organization’s revenues, liabilities, credit conditions, and other financial indicators to forecast short, medium and long-term cash flow position.
- Evaluation and recommend investments, funding sources, and other financial instruments that will meet these cash flow need.
- Looking into Transfer pricing for intercompany billings and margins
- Liaise with Linde finance and treasury deposit requirements.
- Monthly and quarterly review reconciliation meetings with Linde AG
- Budget preparation and Control for Linde operations
- Initiate policies and procedures including internal controls.
- Provide technical expertise and advice on financial issues to functional or operational areas managers to help them develop revenue and expense budgets.
Project Business Services Manager
FLUOR CANADA LTD
09.2012 - 09.2015
- Project Business Services has primary responsibility and accountability for project financial controls. This includes being responsible for coordination with project management to ensure that project financial accounting and reporting is in accordance the Fluor Accounting Policy for Projects. The maintenance of appropriate internal controls throughout the project duration is integral to achieving this.
- Handling business services- coordinating with teams in India on the project ensuring accounts payable, vendor management, expense claim management and cost and billing reconciliation of project is done accurately through the systems, placing controls on any system issues.
- Handling Invoicing (Labour and expenses), Procurement (involvement in processes, coordination with buyers & material management), Project Forecasting until project completion (coordination with project controls), cost and labour expenses, monthly reporting, Analysis of project margins, preparing reports for the management on Project status Preparing project commercial summary.
- Reports for the management- Cash flow, Thin & thick margin, Accounts receivable & profit margin
- Coordination with major Oil & Gas clients on day-to-day requirements and information
- Managed cross-functional teams to deliver high-quality projects on time and within budget.
- Analyzed market trends to identify opportunities for business expansion, leading to increased market share.
Area Manager – Finance & Shared accounting Services
NOKIA CORPORATION
08.2006 - 06.2012
- Performed monthly controls i.e., updating reconciliations for travel ledger, payroll account, bank, petty cash, advance, deposit accounts in a share net and business warehouse environment. Updated sample checking sheet for claims, provisions, month end accruals, ran opex reports in SAP comparing forecast to the actual and send updates to the management, checking and controlling the transfer pricing margins in the legal entities by ensuring the cost is rightly recharged to the parent company (I have handled 10 legal entities for Nokia and Nokia Siemens in 6 countries). Monitored and prepared monthly action plan for management by highlighting issues and risks involved.
- Handled KPI’S for our service provider in the area (Ernst & young and Deloitte) Involved with their performance, keeping benchmarks, monthly meetings, coordination on monthly/ quarterly activities and forecasting of cost for the next 24 months for the respective markets for the management.
- Coordinated Audit, Managed Tax compliance and statutory reporting for legal entities for markets in overall cluster. Communicated and provided information to auditors in the afore mentioned markets after liaising with the service provider (Deloitte), centralized teams (Like Fixed assets, Accounts receivable, Intercompany, Treasury) and relevant information from SAP. Ensuring the reconciliation of VAT, WHT accounts and maintained KPI’s with the service provider for its accurate and timely submission of tax returns. Adhered to local statutory requirements in the markets (in some cases handled and updated information in dual accounting system like SCALA in relation to the GAAP). Updated the status in internal control catalogue in case of any tax inspections/audits
- Transfer pricing – Run Monthly Transfer Pricing reports for 6 countries and 10 legal entities, looking into cost and recharge with percentage application and shared that with business heads by running reports in SAP and BW.
- Accounting in SAP - Handled posting of transactions in SAP and running periodic cost centre, profit centre, Internal transfer pricing reports, balance sheet review for all internal period end closing. Ensured that the month end recharge with transfer pricing occurs between the all the branches and parent to child companies and generating a report and sending it to the Business controllers
- Led teams in various locations - Remotely managed a team of ten people sitting in respective markets/countries who handled day to day job responsibility on accounting of transactions, accounts payable, vendor reconciliation, providing statutory details to the service provider for VAT and WHT filings. Liaised with centralized teams. Ensuring that day to day running of business controls and operations is smooth and holding meetings/ teleconferences for any discrepancies. Conducted partnering meetings with business heads and controllers for monthly and quarterly review of Balance Sheet and internal guidelines/ change in processes and updated them about the information on respective countries
- Process improvement and SOX- Implemented tools and global processes in the markets
- Global projects coordination - Handled global project on mergers with Nokia, Siemens & Motorola networks. Involved in RFQ’S, being point of contact for the countries in my sub area and had the respective responsibility on reconciliation, rolling out new processes
- Ecommerce- Worked with revenue recognition for OVI (Nokia Store) selling
- Working with retail- Worked closely with retail stores, stock, revenue recognition, AP, AR.
- Led a team to achieve company goals and exceed targets consistently, fostering a positive work environment.
- Conducted regular performance evaluations to identify areas for improvement and develop action plans for growth.
Chief Accountant- Financial Reporting and Analysis
TETRA PAK
04.2002 - 06.2006
- Tetra Pak is a global food packaging company part of Tetra Laval Group (Having net sales of 11.4 billion Euros). They provide packaging equipment for liquid food products and a range of processing and packaging technologies for use with broad array of products. (Like ice cream, cheese to fruit, vegetables and pet food)
- MIS Reporting for Technical service- Worked closely with technical service director and team on technical service profit and loss on monthly basis. Ensured that we show proper margins on our spare parts sales by running reports in business objects and presenting it to the team. Did spare parts stock audit and accounted for variations. Handled reports for the management for two countries in the region. Budgeting & forecasting operational cost- Budgeted and projected operating expenses for the next eighteen months by closely working with business heads and putting in a tool called Merlin and then updating that to reporting tool (Darwin). Performed detailed analysis on revenue and expense items, investigated and resolved variances and errors and identified key drivers (activities, results and quality) and recommended benchmarks and targets of performance.
- Accounting with statistical information- Carried out accounting expense processes with all statistical information in in-house accounting system called NERS, accruals, prepayments & month end tasks.
Accountant
ORIENT SHIPPING SERVICES LLC
08.2000 - 04.2002
MC. CONNELL DOWELL
12.1999 - 04.2000
Education
MBA - Finance And Control
Panjab University
Chandigarh India09-1997
BBA - Commerce
Panjab University
Chandigarh, India07-1997
Bachelors in commerce - undefined
Skills
- Customer service
- Team leadership
- Time management
- Decision-making
- Multitasking and proactive about deliverables
- Verbal and written communication
- Complex Problem-solving
- Task delegation
- Goal setting
- Documentation and reporting
- Project management
- Financial management
- Interpersonal relations
Languages
Punjabi
Full Professional
Hindi
Full Professional
English
Full Professional
Interests
- Yoga
- I participate in various sports activities for physical activity, camaraderie, and personal growth
- Running
Timeline
Senior Finance Business Partner
Rio Tinto
01.2023 - Current
Head of Finance
Esharah Etisalat Security Solutions LLC
11.2018 - 01.2023
Finance Manager
AL SUBEAI INVESTMENT GROUP
10.2017 - 09.2018
Manager, Finance for RHI Clients
ROBERT HALF INTERNATIONAL
10.2016 - 09.2017
Finance Manager
LINDE AG
11.2015 - 04.2016
Project Business Services Manager
FLUOR CANADA LTD
09.2012 - 09.2015
Area Manager – Finance & Shared accounting Services
NOKIA CORPORATION
08.2006 - 06.2012
Chief Accountant- Financial Reporting and Analysis
TETRA PAK
04.2002 - 06.2006
Accountant
ORIENT SHIPPING SERVICES LLC
08.2000 - 04.2002
MC. CONNELL DOWELL
12.1999 - 04.2000
Bachelors in commerce - undefined
MBA - Finance And Control
Panjab University
BBA - Commerce
Panjab University
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