Summary
Overview
Work History
Education
Skills
Languages
Referrals
Accomplishments
Timeline
Generic

Nawfal Mungroo

Port Louis

Summary

Dynamic Senior Finance Manager with a proven track record at AP Moller Maersk Group, excelling in leadership and problem-solving. Spearheaded the implementation of financial controls across 150 entities, enhancing reporting efficiency and working capital management. Recognized for driving process standardization and fostering high-performance teams in challenging environments.

Overview

17
17
years of professional experience

Work History

Senior Finance Manager

Hapag Lloyd
04.2023 - Current
  • Responsible for the finance support function for Hapag Lloyd Africa, comprising of 5 locations across East & West Africa - and MTS back office.
  • Direct Supervision on 35 staffs, segmented into 3 functions: AR / AP / GL, each with a functional manager.
  • Lead the Working Capital activities & processes and deliver consistently on targets set.
  • Drive the standardization & automation activities and Enhance the overall controlling & reporting processes.
  • Lead the integration of additional country offices (5 identified for Yr 23/24) to our support functions.
  • Program Coordinator for our staffs' development programs in view of increasing efficiency and retention.

Senior Finance Manager

Polytra Africa SSC
Ebene, Mauritius
01.2024 - 04.2025
  • Responsible for setting up the Finance SSC structure in view of maximizing outsourcing of Polytra and Fracht finance operations across the world in Mauritius (nearly USD 1 billion turnover).
  • Organized a team of 35+ personnel across Mauritius and India (back office of SSC function type) in 1 year to efficiently manage service delivery with a big focus on cost management and strategy.
  • Set up four departments across the two locations specializing in transaction processing, accounts receivables, accounts payables, and treasury.
  • Further invested time in setting up a Cost Control Department, with an associated Risk Control Manual, to improve the risk management activities across the globe, and more specifically for the Africa region.
  • Collaborated with high-level stakeholders to achieve a common goal and manage expectations on service-level deliveries, with monthly performance meetings.
  • Implemented appropriate measures and procedures, helping to achieve the ISO standard.
  • Work together with the SSC Manager to achieve high staff performance, with a strong focus on having a fluid and collaborative operational environment. A strong aspect of human capital development was at the core of our activities.

Finance Manager

Flemingo Group
07.2018 - 03.2023
  • Company Overview: Part of Groupe Roland Maurel Ltée
  • Responsible for the E2E finance function for all business units (8) within the group - with a consolidated top-line of Mur 1+B.
  • Managing the setting up of our new entity in Reunion and driving the complete implementation of our distribution unit (including systems integration) together with our global tobacco manufacturer, Philip Morris.
  • Supervising & Delivering on the legal, accounting (incl. inventory transfers) & operational/front-line commitments with respect to the Amalgamation of our two Freeport Companies.
  • Responsible to drive all corporate matters of the Group.
  • Work in close collaboration with our tax advisors to deliver on our tax planning exercises for both duty paid and duty free segments.
  • Part of Groupe Roland Maurel Ltée

Global Financial Controller

AP Moller Maersk Group
The Hague
03.2008 - 06.2018
  • Responsible for the Global Financial (including Sustainability) Reporting & Consolidation including with a span extending over 150 entities - with direct supervision on our Global Share Centre Support team based in Chennai.
  • Design, implement and enforce financial measures and controls across all entities in line with the Group Manuals.
  • Work in collaboration with the Working Capital & Treasury Team to significantly improve our AR & AP processes & collections / settlements strategy with aim to maximize the WC cycle.
  • Fully decommissioned the Global Inter-Company Billing system and Drive the implementation - together with Global BPO team - of the new Intercompany Billing system + Global Policy Owner.
  • Worked closely with the Business Controlling Team to set up our Risk & Control Manual globally and drive on improving our overall controlling environment.
  • Tax Planning & Reporting - together with Global Head of Tax.
  • Stakeholder Management - 3 key customers: AP Moller Maersk Group Accounting, Damco Global and Regional Management.

Senior Financial Controller

AP Moller Maersk Group
Cape Town
  • Responsible for the Financial and Management Reporting & Consolidation and Working Capital Management for the region (33 entities).
  • Responsible to drive the job costing process and related system standardization & automation for the Region.
  • Oversees all aspects of financial control including design, implement, review and sign off financial process and measures.
  • Collaborate with Global Tax Team to deliver on specific taxation targets.
  • Stakeholder Management - 4 key customers: Global, Regional, Country and GSC Management.
  • Provides on-site training to Finance Managers and Controllers across Africa and our GSC Support Team (Chennai based).
  • First point of contact for all financial reporting and controlling issues - Problem solver.
  • Ensure effective channel of communication in place between Global, Local and GSC Teams.
  • Business Controlling - In charge of delivering on specific elements (ex: operational and finance systems alignment and developing operational controls).
  • Assignment in specific areas to uplift finance process and controls (ex: Southern Africa Area).

Financial Controller

AP Moller Maersk Group
Cape Town
  • Promoted to Senior Financial Controller, within less than a year for exceptional performance & achievement in driving immediate improvement in the Africa financial reporting, controlling and working capital (incl. Job Costing) environment, with a passion to standardize processes and drive migration of African activities to our GSC support teams in Chennai.

Accountant

Port Louis

Education

Higher School Certicate -

Royal College of Port-Louis
Port-Louis, Mauritius
01.2009

ACCA -

ACCA - Ongoing
UK

Skills

  • Leadership
  • Perseverance & Motivation
  • Stressful and Challenging Environment
  • Performance Management
  • Problem-Solving
  • Design Processes & Financial Measures

Languages

  • English
  • French
  • Creole (Mother Tongue)

Referrals

  • Ashwin Sannassee, COO - Flemingo Group, ashwin.sannassee@gdoi.mu | +230 5497 0309
  • Samad Gaffoor, CFO - Fracht Africa Region | +230 5255 5354
  • Samad Osman, CEO - OMA Logistics, Upon Request

Accomplishments

    Logistics & Distribution Services in Reunion - Year 2022
    - Implementation of a new foreign entity
    - Responsible for all corporate, legal, accounting and tax matters.
    - Driving the system integration with our main international client, Philip Morris to drive their distribution services in Reunion

    OneStream Software - Global Project - Yr 2017 - 2018

    - Co-Lead the global implementation of the Financial Management and Reporting software, OneStream across the Global, Regional and GSC offices.
    - Drive on-site trainings in our 4 regional offices and our global shared service centres in India (Chennai, Pune) and China (Chengdu).
    - Successful Go-Live and Hypercare Periods - best project I've worked in my career.
    - Sign-off with Global and GSC Leadership Team

    Global Inter-Company Billing System - Year 2016
    - Project Co-Lead - with Global BPO team

    - Prepare the decommissioning and transfer plan to the new system with the Global BPO team
    - Drive the closure of the old system and the archiving process - with up to 10 years of record-keeping - in Manila, Philippines.
    - Design and implement control measures during parallel running periods
    - Sign-Off with Global Leadership team.

    One Damco Transformation Project - Year 2013 - 2014
    - Africa Region - Finance Lead

    - Drive standardization of finance processes with Project Team
    - Implement processes in GSC teams based in Chennai
    - Establishing accounting guidelines and tracking of costs v/s benefits of GSC outsourcing for the Region.
    - Develop performance management scorecards for Area CEOs, CFOs and Reporting Controllers/Managers.

Timeline

Senior Finance Manager

Polytra Africa SSC
01.2024 - 04.2025

Senior Finance Manager

Hapag Lloyd
04.2023 - Current

Finance Manager

Flemingo Group
07.2018 - 03.2023

Global Financial Controller

AP Moller Maersk Group
03.2008 - 06.2018

Senior Financial Controller

AP Moller Maersk Group

Financial Controller

AP Moller Maersk Group

Accountant

Higher School Certicate -

Royal College of Port-Louis

ACCA -

ACCA - Ongoing

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Nawfal Mungroo