Preity Kaasat

Chief Financial Officer

• Job Details:Streamlined processes to implement effective internal controls and ensured compliance with tax regulations. Analyzed and reviewed client contracts, identifying commercial and financial risks. Secured working capital funding from banks and maintained strong banking relationships. Prepared, monitored, and analyzed budgets to drive financial efficiency. Liaised with auditors and tax consultants to ensure compliance and resolve financial issues. Managed VAT returns and compliance in line with UAE tax regulations. Oversaw accounts payable and receivable operations to ensure efficient cash flow. Conducted cost-benefit analysis for business expansion projects. Implementation of FACTS ERP system, driving ongoing improvements for operational efficiency. Managed ICV (In-Country Value) certification process for the company. Conducted year-end financial reporting, ensuring timely and accurate management reports. Prepared comprehensive management information systems (MIS) to support strategic decision-making. Analyzed and advised on real estate investment opportunity via calculating IRR, discounted cash flow and ROI.

Chief Financial Officer

• Job Details:Prepared monthly, quarterly, and annual MIS in compliance with IFRS standards. Managed receivables, payables, cash flow, and payroll processing. Handled VAT returns and financial reporting. Implemented internal control policies and assisted with business planning and budgeting. Evaluated project profitability and provided insights to management. Implementation of Oracle NetSuite ERP. Supported on merger and acquisition of the company. Preparation of annual budgets and variance analysis. Liaised with sales team to prepare forecasted project cash flow and advise on the funding cost for the project. Liaised with operation team to discuss operation finances. Secured working capital funding from banks and maintained strong banking relationships.

Internal Audit Director

• Job Details:Led end-to-end ERP implementation, ensuring seamless integration with financial processes. Managed VAT implementation and compliance across all business operations. Developed and implemented internal controls for inventory management and cost analysis. Conducted aging analysis of receivables and payables to optimize cash flow. Performed regular stock verifications and valuation, reporting on profitability. Provided profitability analysis for CEO’s portfolio and key projects. Supported external auditors and ensured smooth audit processes. Enhanced internal controls by implementing a fixed asset register and improving expense verification. Analyzed and reported on sales returns, indirect expenses, and cost variances.