Summary
Overview
Work History
Education
Skills
Affiliations
Personal Information
Area Of Expertise
Additional Information
Timeline
Generic

Hrubesch Ramjuttun

Finance Manager
Port Louis,Triolet

Summary

Experienced Finance Manager (ACCA/FCCA) with 18 years of experience demonstrated by working in downtown duty free, logistic service provider, fast moving consumer goods and wholesale pharmaceutical industry while presenting data, analysing cost control, providing financial reports and delivering profit and loss statements under tight deadlines and providing ad hoc reports as and when required. Driven and detail-focused professional with solid foundation in financial analysis and strategic planning. Holds comprehensive understanding of financial reporting and compliance, coupled with proficiency in financial modeling and budgeting. Aims to streamline financial operations and enhance organizational profitability through meticulous financial oversight and innovative solutions.

Overview

20
20
years of professional experience
4
4
years of post-secondary education

Work History

Group Finance Manager

Flemingo GRM Ltd
06.2023 - Current
  • Company Overview: Presently working as the Group Finance Manager of the Flemingo GRM Group of Companies which operates in duty free downtown retail shops, logistic service provider in Reunion Island, Export of perfumes, spirits and cigarettes and local distributor of cigarettes.
  • Manage day to day operations of finance team.
  • Liaise with banks, insurance companies.
  • Review cash flow position.
  • Treasury management.
  • Liaise with Auditors.
  • Attend board meeting.
  • Prepare budget and board presentation.
  • Ensure compliance with SOPs.
  • Accounts consolidation.
  • Participate in new business feasibility studies.
  • Cash flow forecasting.
  • Manage investment strategies.
  • Correspond with various other departments, discussing company plans and agreeing on future paths to be taken.
  • Analyse costs, pricing, variable contributions, sales results, and the company’s actual performance compared to the business plans.
  • Reduced operational costs by implementing effective cost control measures and optimizing resource allocation.
  • Facilitated timely communication between departments regarding budgetary concerns or discrepancies.
  • Ensured regulatory compliance by establishing robust internal controls and staying up-to-date on relevant legislation changes affecting the finance industry.
  • Improved the efficiency of financial reporting through automation and by simplifying complex processes.
  • Improved cash flow management with proactive monitoring of accounts receivable and payable, leading to increased liquidity.
  • Supervised a team of finance professionals, fostering a collaborative work environment focused on continuous improvement and professional development.
  • Successfully managed multiple audits, ensuring a timely and accurate completion while maintaining positive relationships with external auditors.
  • Managed effective tax planning strategies, minimizing tax liabilities while adhering to legal requirements.
  • Provided valuable insights to senior management through in-depth monthly performance analysis and variance reporting.
  • Developed strategic plans for day-to-day financial operations.
  • Ensured accurate financial record-keeping by implementing best practices in accounting policies and procedures across all departments within the organization.
  • Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
  • Trained new and existing staff members in various financial procedures to prepare for job requirements.

Group Accountant

Scott & Co. Ltd
Port Louis, Pamplemousses District
01.2006 - 05.2016
  • Company Overview: Offer a rich mix of accounting, operation, strategic talents gained from 15 years of experience in Fast Moving Consumer Goods, Health and Manufacturing Sector.
  • Day to day management of the company's finance and finance team (21) reporting to the Group Finance Manager and CFO.
  • Preparing monthly management accounts including profit and loss account, analysis of performance by profit centre and business unit and monitoring on deviations and ensuring that the accounts comply with relevant accounting standards.
  • Preparation of the company's yearly budget including analysis reporting.
  • Responsible for year-end figures, audits and statutory accounts preparation.
  • Reviewing monthly bank reconciliations (multicurrency).
  • Maintenance of financial ledgers and accounting processes, including responsibility for balance sheet integrity and reliability.
  • Developing and improving systems and controls on an on-going basis.
  • Prepare & review yearly budgets, quarterly review, and board papers for Scott group of companies.
  • Manage all regulatory compliance & fiscal responsibilities (VAT, TDS, APS, IT, Annual Return).
  • Treasury management-cash flow forecasting and forex purchasing exercise. Reviewing foreign currencies trend and doing forward deals and swapping with banking institutions and other forex traders.
  • Ensure compliance with SOPs.
  • Overseeing funding for long term business development and capital expenditure requirements.
  • Ensuring adherence to relevant policies and procedures from a risk/compliance point of view.
  • Participate in projects for opening new retail stores.
  • Regular reporting to management team as appropriate.
  • Participate in the annual review of our banking facilities and negotiate better rates for the group.
  • Provide ad hoc analysis as and when required on a timely basis.
  • Suggest budgetary changes to increase company profits.
  • Reviewing the age analysis of both debtors and creditors with respective AR and AP Lead.
  • Perform complex general accounting functions, including preparation of journal entries, account analysis and balance sheet reconciliations.
  • Participate on various projects regarding our ERP synchronization.
  • Offer a rich mix of accounting, operation, strategic talents gained from 15 years of experience in Fast Moving Consumer Goods, Health and Manufacturing Sector.
  • Key skills and competencies: Experience of management at senior level, Making improvements to financial processes and controls, Excellent working knowledge of accounting systems. Actively participated in implementation of new ERP system, Ability to influence and push through change.
  • Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
  • Maintained integrity of general ledger and chart of accounts.
  • Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
  • Promoted transparency among departments by clearly communicating financial results during regular meetings with stakeholders.
  • Ensured compliance with accounting standards by staying up-to-date on industry regulations and guidelines.
  • Supported international expansion efforts through accurate foreign currency translations and adherence to local tax requirements.
  • Gathered financial information, prepared documents, and closed books.
  • Developed financial models to assess and analyze financial performance of clients.
  • Handled day-to-day accounting processes to drive financial accuracy.
  • Provided journal entries and performed accounting on accrual basis.

Semi Senior

Nexia Baker & Arenson
Port Louis, Port Louis District
06.2005 - 05.2006
  • Preparation of monthly management account.
  • Attended half and full year inventory.
  • Submission of statutory returns.
  • Audit exercise.
  • Proven ability to learn quickly and adapt to new situations.
  • Skilled at working independently and collaboratively in a team environment.
  • Worked effectively in fast-paced environments.
  • Self-motivated, with a strong sense of personal responsibility.
  • Worked well in a team setting, providing support and guidance.
  • Excellent communication skills, both verbal and written.
  • Demonstrated respect, friendliness and willingness to help wherever needed.

Education

High School Diploma -

The Association of Chartered Certified Accountants
UK-Distance Learning
03.2005 - 09.2008

MBA - Global MBA

Ducere Global Business School
USA-Online Learning
03.2025 - Current

Skills

  • General ledger accounting
  • Financial statement review
  • Account updates
  • Performance management
  • Cash flow analysis
  • Financial reporting
  • Treasury management
  • Risk assessment
  • Financial controls development
  • Variance Analysis
  • Budget development
  • Budget analysis
  • ERP Implementation
  • Chart of Account maintenance
  • Management at senior level
  • Improvements to financial processes and controls
  • Working knowledge of accounting systems
  • Implementation of new ERP system
  • Ability to influence and push through change

Affiliations

  • The Association of Chartered Certified Accountants, Member, 2008-01-01
  • The Association of Chartered Certified Accountants, Fellow Member, 2010-01-01
  • Mauritius Institute for Professional Accountants, Fellow Member, 2010-01-01

Personal Information

  • Age: 42
  • Driving License: Private Car

Area Of Expertise

  • General ledger accounting
  • Financial statement review
  • Account updates
  • Performance management
  • Cash flow analysis
  • Financial reporting
  • Treasury management
  • Risk assessment
  • Financial controls development
  • Variance Analysis
  • Budget development
  • Budget analysis
  • ERP Implementation
  • Chart of Account maintenance

Additional Information

Reference: Available on request, 

Software Experience :Oracle Fusion, Shopify, JD Edwards, Sage Pastel, QuickBooks, Microsoft Excel, Microsoft Power Point, Microsoft Word

Timeline

MBA - Global MBA

Ducere Global Business School
03.2025 - Current

Group Finance Manager

Flemingo GRM Ltd
06.2023 - Current

Group Accountant

Scott & Co. Ltd
01.2006 - 05.2016

Semi Senior

Nexia Baker & Arenson
06.2005 - 05.2006

High School Diploma -

The Association of Chartered Certified Accountants
03.2005 - 09.2008

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Hrubesch RamjuttunFinance Manager