Verified recordHospitality

Rajesh Ramakrishnan

Director Finance and Business Support at Action Hotels Company

Based in United Arab Emirates

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Seniority

Director

Department

Other

Location

United Arab Emirates

Industry

Hospitality

Company size

52

Contact information

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Email

1 credit

r•••••••@actionhotels.com

Phone

5 credits

+971 ••• •••• ••••

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Background

About Rajesh Ramakrishnan

A dynamic professional coupled with stable track record of managing finance and accounts departments of organization. Expert in developing, implementing financial management strategies, processes and controls that significantly improve organizational structure and performance. Currently, I am working as Holiday Inn Express Hotels with Cluster Finance Director. I managed the financial aspects of different organizations from supervision of financial records to preparation of financial statements and successful completion of final audits. I am skilled in audit and finance domain to work in sync with the corporate set parameters achieving business and personal goals. I have worked in different sectors, having adequate international experience and feel comfortable in multicultural environment. During my professional career some of my achievements and highlights are: • Implemented procedures that helped in strengthening internal controls and improving efficiencies through an enhanced system of checks and balances. • Implemented internal training & development program for the finance team whereby vacancies up to Chief Accountant level were filled internally by trained personnel with ability to move up the ladder. This helped in motivating and retaining the high performing personnel. • Introduced cost saving measures through renegotiation of external contracts & improving efficiency of internal processes, in order to manage economic downturn. Annual savings achieved over AED 1 million. • Implemented a proper procedure for collection, accounting and reporting of debtors balances, which led to an improvement in cash flows and significant reduction in bad debts. • Restructured the Finance department manpower, which together with automation of processes, helped to reduce staffing levels by 50%. • Implemented reporting tools for budgeting, forecasting and cash management that helped in identifying and addressing areas of concern at the right time.

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