Koushik Saha
Amin Bilash (Flat B7), 7/1 C Ramakrishna Mission Road, Gopibag
Summary
Finance leader specializing in financial strategy and risk analysis, achieved 20% profitability increase at ATEC Australian International Limited through strategic budgeting and robust internal controls. Demonstrated ability to enhance compliance and operational excellence with strong leadership and communication skills. Experienced Independent Consultant driving organizational change through research, optimization, and systems development. Results-driven professional with a commitment to continuous learning and innovation, leveraging analytical thinking to deliver impactful solutions in dynamic environments.
Overview
17
17
years of professional experience
Work History
Head of the Department– Finance and Accounts
ATEC Australian International Limited
11.2023 - Current
- Developed and implemented comprehensive financial strategies aligned with company goals and objectives, resulting in improved financial performance and profitability.
- Conducted in-depth financial analyses to identify key drivers influencing financial performance and formulate strategic financial plans.
- Oversaw all financial operations, including budgeting, forecasting, and cash flow management, ensuring alignment with organizational priorities and strategic goals.
- Implemented robust forecasting processes, providing accurate and timely financial projections to support decision-making.
- Monitored cash flow, maintaining financial liquidity to support day-to-day operational needs.
- Collaborated with department heads to develop strategies for cost optimization and revenue enhancement, resulting in improved profitability and efficiency.
- Prepared and presented timely and accurate financial reports for leadership team, investors, and stakeholders, highlighting key performance indicators and financial health.
- Managed investor relations, cultivating strong relationships through transparent and timely communication on financial performance.
- Led evaluation and implementation of financial systems and technologies, enhancing efficiency and accuracy in financial operations.
- Developed and implemented risk mitigation strategies, ensuring the organization's preparedness for various scenarios.
- Fostered a culture of accountability, collaboration, and continuous improvement within the financial operations, promoting cross-departmental collaboration and driving process enhancements.
- Manage all accounting operations including Billing, A/R, A/P, GL and Counsel, Cost Accounting, Inventory Accounting and Revenue Recognition.
- Coordinate and direct the preparation of the budget and financial forecasts and report variances.
- Coordinate the preparation of regulatory reporting.
- Support month-end and year-end close process.
- Research technical accounting issues for compliance.
- Ensure quality control over financial transactions and financial reporting.
- Develop and document business processes and accounting policies to maintain and strengthen internal controls.
- Develop, implement and maintain an effective internal control system to ensure the accuracy and completeness of financial reporting, safeguarding of assets, and compliance with relevant laws and regulations.
Finance, Accounts and Internal Control and Compliance
Independent Consultant
08.2022 - 11.2023
- Performance Assessment of each departments (Finance, Accounts and Internal Control and Compliance) and set process to develop, implement and maintain an effective financial reporting and internal control system to ensure the accuracy and completeness of investors and management reporting, safeguarding of assets, and compliance with relevant laws and regulations.
- Collaborate with other departments to develop, implement, and maintain effective policies, procedures, and controls to mitigate the organization's compliance risks.
- Conduct regular audits and assessments of the organization's internal control system to identify control weaknesses, deficiencies, and non-compliance issues and provide recommendations for remediation.
- Independent periodic reporting as per their expected requirements.
- Management of the Group’s asset and liabilities with the objective to minimize the Group’s financial risks and exposure.
Lead Manager Accounts – Finance and Operations
Grameen Telecom Trust - Digital Healthcare Solutions (Telenor Health AS)
02.2020 - 07.2022
- Follow the audit program, collect evidence and execute the audit and Obtain Management response to finalize the report.
- Ensuring smooth financial operation by providing overall leadership and deliver all the services in accordance with organization policies and standards along with the applicable law and regulations.
- Collaborate with group IA and internal stakeholder on priority areas and taking input on different focus areas.
- Take full ownership of drafting, reviewing report with management and finalize the report.
- Project finance and compliance activities on UKAID/FCDO (DFID), USAID project partnering with Concern Worldwide and Save the Children, Metlife, Sanofi, JHU and many more.
- Prepare detailed Budget, Forecast, Spending plan (Cash Flow Projections), Project implementation plan, financial GANTT chart, Risk assessment, Asset register, multiple reconciliation.
- Work on fund management, revenue assurance, resources allocation, monitor compliance and internal control, cost minimization to ensure efficiency.
- Control revenue leakage in terms of lost revenue (process, technology, human errors), stolen revenue (bad debt, fraud), missed revenue (improper marketing, problems at product launch).
- Managing the treasury fund with the alignment of periodic budgeting and projections.
- Preparing various management report on the financial performance of the business entity.
- Finalize the financial valuation of every business vertical and consolidate with group reporting.
- Setting up standard operating procedure (SOP) for internal policies and procedures.
- Tax, VAT and Regulatory relations along with different kinds of standard reporting.
- Develop internal controls for every business process and accounting policies.
- Ensuring the effectiveness of departmental budget along with variance analysis and management reports.
- Maintaining coordination with different departments for ensuring appropriate controls.
- Management of the Group’s asset and liabilities with the objective to minimize the Group’s financial risks and exposure.
- Implemented industry-based and competitive pricing methodologies for new product launches, eliminating delays caused by pricing concerns and reducing the level of discount requests.
- Maintained pricing integrity while remaining competitive in the marketplace.
- Completed and presented key analyses such as price studies, financial forecasts, breakeven analysis, unit and price variances and competitive analysis.
- Ensure regular update and circulation of Finance Dashboard to MT highlighting Finance dept. metrics and appropriate Financial Reporting to the members of the Board and/or Management depicting company performance.
Deputy Director Account, Finance and Internal Control
Pathao Limited
12.2017 - 01.2020
- Ensuring smooth financial operation by providing overall leadership and deliver all the services in accordance with company policies and standards along with the applicable law and regulations.
- Developing and implementing comprehensive and appropriate “Financial Policies and Procedures” through maintaining the overall business strategy.
- Managing the treasury fund with the alignment of periodic budgeting and projections.
- Preparing various management report on the financial performance of the Company.
- Finalize the financial valuation of every business vertical and consolidate with group reporting.
- Setting up standard operating procedure (SOP) for internal policies and procedures.
- Managing a team of 19 members directly and 23 members indirectly.
- Reporting of Payroll and Ops management through monitoring and ensuring different internal controls.
- Working with different Govt. Stakeholders on regulatory issues.
- Tax, VAT and Regulatory relations along with different kinds of standard reporting.
- Develop internal controls for every business process and accounting policies.
- Ensuring the effectiveness of departmental budget along with variance analysis and management reports.
- Maintaining coordination with different departments for ensuring appropriate financial and internal controls.
- Leading and ensuring the periodic audit through monitoring different functions/department based on requirement.
- Management of the Group’s asset and liabilities with the objective to minimize the Group’s financial risks and exposure.
- Ensured the appropriate controls for different business verticals along with adequate adoption of reporting formats. It helped to successfully complete two years Statutory Audit and Investor Audit with no major observations for 29 Months from the inception.
- Ensured to set up three stable processes through process audit for HR, Admin and Procurement Department.
- Streamlined operational practices that helped reduce BDT 2.5 crore costs for the company.
- Developed cross functional training programs within internal departments.
- Reduced cost of BDT 30 lac against external consultancy services yearly. Also established an internal control team without increasing the payroll size through effective resource management.
- Promoted as Deputy Director from Senior Manager within one year of joining.
Sr. Analyst – Accounts & Finance
Accenture Communications Inf. Solutions Ltd.
07.2014 - 11.2017
- Finalizing the Profit and Loss statement within deadline.
- Explaining the financials number to client in the financial closing meeting with explanations.
- Preparing and submitting management reports to client and its other stakeholders.
- Ensuring compliance of accounting policies.
- Performing SOX Compliance activities and reports.
- Carrying out Inter-company reconciliations monthly basis.
- Carrying out internal audit of different accounting modules.
- Identifying potential issues/obstacles/challenges and planning accordingly to overcome those.
- Business Excellence SPOC of the team.
- Maintain the KPI & SLA as per the guideline for BPO Team.
- One of the cores BCP (Business Continuity Planning) resource- cross trained with 2 core processes.
- Took transition in Norway of end-to-end Financial Reporting work. Went live and stabilized the process in record time.
- 23 ideas on quality improvisation of client delivery were implemented within 3 years.
- Ensured seamless client delivery since the beginning of the project and met all the contractual SLAs and KPIs through prudent team and activity planning as and when required e.g., the advancement of client MEC deadline of 1 day.
- Successfully streamlined Intercompany reconciliation process in 2016 as the primary architect which was recognized by client’s Group Accounting body.
- Redeveloped an improved MEC Status Report.
Manager – Audit & Assurance
Nexia International (MABS&J Partners)
11.2011 - 07.2014
- Conducting external and internal auditing over companies operational and financial activities to evaluate adequacy and effectiveness of internal control system.
- Preparation of audit program, reports, and presentation as an Internal and External auditor to detect fraud & errors and assessing risk of operations and recommending preventing the same.
- Preparation of Financial Statements in accordance with International Accounting Standards and International Financial Reporting Standards as required by the management of the client.
- Preparation of necessary periodic and ad-hoc management information reports.
- Analyze financial performance, develops and implements accounting and finance strategies that support achievement of the of the clients’ company goals.
- Review and control of managerial functions as to ensure compliance with the organizational objectives and recommend sound policy for establishing company’s ideal system and Rendering consultancy to the client’s relation to the financial management.
- Worked as a National Consultant with Asian Development Bank (ADB) funded project under ADB Loan No. 2555-BAN (SF) named Urban Public and Environmental Health Sector Development Project (UPEHSDP) as a National Municipal (City Corporations) Finance and Audit Expert of Financial Management and Municipal Financial Consultancy (FMMFC).
- My involvement included –
- To Prepare of Accounting Manual (Double Entry Accounting System) for CCs of Bangladesh.
- To prepare of Internal Audit Manual for CCs of Bangladesh and its implementation status.
- To prepare of Performance Based Targeted Grant Mechanism for disbursement of Govt. fund.
- To prepare of Performance Audit Manual for CCs of Bangladesh.
- Assisting on preparation of Holding Tax Management System of CCs.
- Participating seminars & workshops relating to project and taking follow up actions of decisions.
Hoda Vasi Chowdhury & Co. (Deloitte Touché Tohmatsu)
01.2008 - 10.2011
- Conducting external and internal auditing over companies operational and financial activities to evaluate adequacy and effectiveness of internal control system.
- Rendering consultancy to the client’s relation to the financial management.
- Analyze financial performance, develops and implements accounting and finance strategies.
- Prepare and develop compliance material and communicate with clients in an effective manner.
- Plan and carry out detail compliance training program to de-motivated non-compliance activity.
Education
Associates Financial Accountant (AFA) -
UK
12.2019
Member - Australia
Institute of Public Accountants (MIPA)
12.2019
Income Tax Practitioner (ITP) -
12.2017
CA- Professional Level/Application Level (Part Qualified) - Bangladesh
ICAB
12.2016
CA- Certificate Level/Knowledge Level (Qualified) - Bangladesh
ICAB
12.2013
Master of Business Administration - Bangladesh
University of Dhaka
12.2011
Bachelor of Business Administration - W. Bengal, India
University of Burdwan
12.2007
Higher Secondary Certificate - Dhaka Board, Bangladesh
Notre Dame College
12.2003
School Secondary Certificate - Dhaka Board, Bangladesh
Khilgaon Govt. School
12.2001
Skills
- Finance
- Accounts
- Budgeting
- Forecasting
- Consolidate Financial Statements
- Accounting Standards (IAS/IFRS)
- Management Reporting
- Accounts Payable
- Accounts Receivable
- Fixed Asset Reporting
- Intercompany Balance Reconciliation
- Balance Sheet Accounts Reconciliation
- Periodic budget and variance analysis
- Payroll Reporting
- Strategic Partnership Arrangement (SPA)
- Historical data analysis
- Risk analysis
- Internal Control
- Audit
- Assurance
- Problem identification
- Analytical thinking
- Judgmental skill
- Control assessment techniques
- Process streamlining
- Project management
- Automation
- Tax reporting
- VAT reporting
- Liaison with regulatory bodies
- Financial modeling
- Hyperion Financial Management
- Oracle
- Janus
- MIMAS
- Blackline
- QuickBooks
- Tally Prime
- Xero
- Procurify
- Joiin
- SAP
- Team leadership
- Client relationship management
- Business Excellence
- Operational Excellence
- Review of agreements
- Safeguarding policy implementation
- Preparation of Financial and Accounting Manuals
- Setting of KPIs
- Effective communication
- Cultural awareness
- Leadership
- Management
References
- Morshed Ahmed FCMA, Senior Advisor (Development Affairs), Norwegian Embassy, Bay’s Edgewater (6th Floor), Plot No. 12, Dhaka, Dhaka, 1212, +88 01713 279590, morshed.ahmed@mfa.no
- Anjan Mallick FCA, Cofounder and Chief Financial Consultant, Everest Pharmaceuticals Ltd., Rahman's Regnum Centre (6th floor), 191/B Bir Uttam Mir Shawkat Sarak, Dhaka, Dhaka, 1208, +88 01713 090409, anjanmallik2003@yahoo.com
Training
- Operational Knowledge transfer from Telenor Norway, 58 days, 2017
- Financial Modelling & Valuation Analyst (FMVA), 2018 and 2019
- Oracle Data Modelling and Relational Database Design, 2016
- Role of Supervisors Level I - Delegation & Monitoring, 2016
- Role of Supervisors Level II - Strong Interpersonal & Communication Skills, 2016
- Money Laundering - Knowledge on protecting Money laundering, 2016
- Operational and Business Excellence, 2016
Personal Information
Date of Birth: 09/15/85
Additional Competencies
Accounts, Budgeting and Forecasting, Consolidate Financial Statements, Management Reporting, Accounts Payable and Receivable, Fixed Asset Reporting, Intercompany Balance Reconciliation, Balance Sheet Accounts Reconciliation, Periodic budget and variance analysis, Payroll Reporting, Strategic Partnership Arrangement (SPA) fund requisition, Problem identification and solution skills, Perform and control the full audit cycle, Process streamlining and efficiency increase, Assessing periodic Tax and VAT liabilities, Prepare periodic tax and VAT reporting, Liaison with Internal and External Auditors, Hyperion Financial Management, Oracle, Janus, MIMAS, Blackline, QuickBooks, Tally Prime, Xero, Procurify, Joiin, SAP, Leading teams nationally and internationally, Experience on review of agreements/contracts/project proposals, Promote safeguarding policy among team members
Timeline
Head of the Department– Finance and Accounts
ATEC Australian International Limited
11.2023 - Current
Finance, Accounts and Internal Control and Compliance
Independent Consultant
08.2022 - 11.2023
Lead Manager Accounts – Finance and Operations
Grameen Telecom Trust - Digital Healthcare Solutions (Telenor Health AS)
02.2020 - 07.2022
Deputy Director Account, Finance and Internal Control
Pathao Limited
12.2017 - 01.2020
Sr. Analyst – Accounts & Finance
Accenture Communications Inf. Solutions Ltd.
07.2014 - 11.2017
Manager – Audit & Assurance
Nexia International (MABS&J Partners)
11.2011 - 07.2014
Hoda Vasi Chowdhury & Co. (Deloitte Touché Tohmatsu)
01.2008 - 10.2011
Associates Financial Accountant (AFA) -
UK
Member - Australia
Institute of Public Accountants (MIPA)
Income Tax Practitioner (ITP) -
CA- Professional Level/Application Level (Part Qualified) - Bangladesh
ICAB
CA- Certificate Level/Knowledge Level (Qualified) - Bangladesh
ICAB
Master of Business Administration - Bangladesh
University of Dhaka
Bachelor of Business Administration - W. Bengal, India
University of Burdwan
Higher Secondary Certificate - Dhaka Board, Bangladesh
Notre Dame College
School Secondary Certificate - Dhaka Board, Bangladesh
Khilgaon Govt. School
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