Summary
Overview
Work History
Education
Skills
Career Achievements
References
Timeline
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Chirag Chauhan

Parramatta,NSW

Summary

Ambitious Finance manager offering over 15 years of experience in strategic finance management and controlling through sound fiance acumen, continuous impartment and processes automation.

My track record includes leading teams through multiple M&A transactions, system implementations, and providing strong management in financial reporting and analysis. Throughout my career, I have been instrumental in empowering teams, optimizing processes, and cultivating strong relationships across all business levels.

Overview

16
16
years of professional experience

Work History

Finance Manager

DKSH Healthcare (Formerly Hahn Healthcare)
07.2016 - 12.2023
  • Led finance team, identifying opportunities for cost savings through process improvements and automation initiatives making sure all payroll, AP and Employee Expenses payments made with accuracy and AR collections done on time while ensuring statutory compliance.
  • Led efficient and timely month/year-end consolidated financial reconciliation, reporting and analysis for three entities across ANZ region
  • Responsible for three entities, legal and statutory obligations, including superannuation, PAYG, payroll tax, BAS, FBT, workers compensation, general insurance, STP reporting, and managing all insurance policies including worker's compensation, professional indemnity, and cyber security
  • Implemented procedures to enhance cash flow management, strict bank reconciliation timelines improving accuracy and forecast of weekly and quarterly tactical Cashflow
  • Managed end-to-end payroll for two entities across Australia and overseeing outsourced New Zealand payroll ensuring timeliness, accuracy, and adherence to statutory reporting, superannuation, and PAYG payments
  • Develop and manage annual operating budgets, aligning them with business objectives. Guide business manager track budget performance and make adjustment as needed
  • Prepared and presented monthly contribution margin variance analysis reports to business units for budget tracking and project profitability analysis
  • Maintained close relationships with external tax consulting agency, preparing, and lodging annual income tax returns.
  • Collaborated with external auditors during annual audits to ensure accuracy of financial statements.
  • Provided guidance on accounting issues related to new business initiatives.
  • Implemented a system of internal controls that improved compliance with GAAP regulations.
  • Worked closely with the HR team to manage employee entitlements, redundancies, terminations, workers compensation claims, annual leave, and long service leave management
  • Conducted complete fixed asset management, including monthly reconciliations, additions, disposals, and depreciation.

Assistant Accountant

Abbott & AbbVie Australia
09.2012 - 04.2015
  • Streamlined intercompany processes, reducing month-end closing and reconciliation times by one day
  • Rapidly adopted a new ERP system and work environment, demonstrating efficiency and teamwork that led to a 2-year fixed-term contract extension.
  • Bank reconciliation and general ledger reconciliations, month-end closing & reporting.
  • Liaised with auditors to complete annual audits and maintain compliance with local, state and federal requirements.
  • Fixed assets register management: depreciation, additions & disposals.
  • Highly experienced in managing cross company & shared services.
  • FBT & GST reconciliation & reporting for AbbVie Australia (shared services)

Assistant Accountant

Johnson Controls
04.2008 - 07.2012
  • Preparing bank and accounts payable reconciliations on monthly basis
  • Fixed assets reconciliation that included additions and disposal of Assets
  • Intercompany balance confirmation and reporting to Asia Pacific head office
  • High volume of AP and intercompany invoice process any weekly payments
  • Responsible for running various financial reports for month end reporting
  • Prepared and posted month end accruals and passing ad hoc journals as required
  • Supervisor for clearing quarterly goods receipt not invoiced reports and reporting to management
  • Reporting direct to finance director on aged payables and aged receivables in the weekly finance meeting
  • Shared services management – Recharging & reconciling cost across three entities within group
  • Responsible for month end roll over with exclusive system access.

Education

Skills

  • Leadership & mentoring: Proven record of managing complex projects, M&As, team building, decision making and delegation across business partners Developing new training procedures & policies with passion for educating business partners about the importance of financial planning & management
  • Technical: Proficiency in ERP systems SAP, NetSuite - Oracle, HFM, AS400, Concur expense management, SAP HR(HRM), Subscribe HR(HRM), and Infinet cloud payroll system Advance Excel skills and continually learning use of generative AI in finance landscape
  • Project Management: Proven track record of multiple system implementation integration & change management with strategic analysis and planning
  • Management & Financial Reporting: Finance modeling, budgeting & forecasting, Accounting GAAP knowledge, variance analysis, month end and year end reporting
  • Regulatory Compliance: Practical Knowledge of Payroll tax, PAYG, BAS, FBT,workers compensation, Superannuation, insurance & Audit requirements
  • Communications: Strong written & verbal communication skills
  • Cash Flow Management : Designing Cash flow improvement Model & implementing policies

Career Achievements

DKSH Healthcare

  • SAP implementation: I led a record-breaking 6-month SAP implementation from May to October 2023, achieving on-time and within-budget delivery. Accomplished the global corporate objective of establishing a unified reporting system globally.
  • Product integration: Successful acquisition & integration of a new product line with a 4PL supply chain and ERP solution, generating $2 million p.a. revenue growth and paving the way for future acquisitions and product integrations.
  • Post-M&A Streamlining: Managed multiple projects, including outsourcing payroll & HR, while implementing a new cash flow sweep with group treasury and designing a new reconciliation process aligned with global reporting requirements.
  • Global Reporting Pioneer: Designed new reporting process unifying local ERP (NetSuite) financial results with HFM (Oracle Hyperion Financial Management) system for HQ in Switzerland, achieving the goal of a globally unified financial reporting system.

HAHN Healthcare 

  • Smooth Measure & Acquisition : Accomplished multiple international external audits resulting in successful merger of HAHN healthcare with DKSH Global.
  • Expansion Architect: Established new subsidiary (RISE HEALTHCARE) with 50 new employees and achieved 30% (equivalent to$10 million) revenue growth without additional resources in the finance team.
  • Market expansion New Zealand : Spearheaded the setup of a new business in New Zealand, increasing annual revenue by $500k. Managed all NZ regulatory requirements, outsourced payroll, and implemented a new XERO cloud-based ERP system.
  • Significant EBIT improvement: Closely working with top level management I Implemented a new financial planning model based on contribution margin as a KPI, resulting in a 3-year revenue growth from $20 million to $45 million resulting EBIT improvement from 3% to 12%
  • Efficiency Architect: Designed a new variance analysis model, cash flow reporting system, payroll process, and finance reconciliation/reporting systems, enabling the business to run efficiently with existing resources for future growth.
  • Promotion : Promoted to Finance manger role with in six months in to job for cost saving of 80k p.a via brining Payroll in house & implementing new payroll system "Infinite Cloud" developing new payroll reconciliation & internal control processes.
  • HR System Leader: Led the project to implement the new Subscribe HR management system, collaborating closely with HR to establish new HR and expense management policies.

Abbott Australasia

  • Improved Intercompany Processes: Streamlined intercompany processes, reducing month-end closing and reconciliation times by one day.
  • Fast Adaptation and Teamwork: Rapidly adopted a new ERP system and work environment, demonstrating efficiency and teamwork that led to a 2-year fixed-term contract extension.

Johnsons Consols : 

Winner of global team award for excellnec in internal control 

References

Available on request

Timeline

Finance Manager

DKSH Healthcare (Formerly Hahn Healthcare)
07.2016 - 12.2023

Assistant Accountant

Abbott & AbbVie Australia
09.2012 - 04.2015

Assistant Accountant

Johnson Controls
04.2008 - 07.2012

Chirag Chauhan