Summary
Overview
Work History
Education
Skills
Accomplishments
System Competencies
Timeline
Generic

Parma Ram

Sydney,NSW

Summary

Seeking to gain opportunities in a senior management position in within a large complex corporation . I am goal-driven and passionate am also looking forward to enhancing and utilising my skills gained through my employment history.

Highly Competent Financial professional with Australian Qualifications: - MBLAW, MBA, MCOM, BCOM, CPA.

Senior Financial executive with over 20 years’ financial management experience Gained extensive experience in reputable large industries including Health, FMCG, Trade, Property, Transport, Infrastructure and Telecommunications.

Overview

35
35
years of professional experience

Work History

Assistant Director Finance

National Disability Australia
11.2024 - Current
  • Company Overview: Federal Government Health Agency
  • Liaising with the Financial Reporting team for monthly accounting processes
  • Contribute to review of balance sheet reconciliations and address outstanding items
  • Driving, maintaining, and improving the month-end cycle across the finance team
  • Liaising with the Australian National Audit Office (ANAO) regarding audit matters.
  • Prepare notes and schedules for the Agency’s financial statements
  • Responsible for preparation and updating position papers and financial impact statements
  • Manage the preparation and update of Standard Operating Accounting procedures
  • Overseeing compliance and financial assessment of the Agency's property lease contracts
  • Federal Government Health Agency

Assistant Director Finance

National Mental Health Commission
05.2024 - 10.2024
  • Company Overview: Federal Government Health Agency
  • Preparation of management reports and provide input in analysis of the NMHC financial performance
  • Prepare financial statements and statutory reports
  • Responsible for preparation and updating position papers and financial impact statements
  • Provide strategic financial support and analysis of the NMHC financial performance
  • Provide supporting papers, reconciliations including responses to ANAO Audit team
  • Review of invoice approvals, purchase orders and expense approvals
  • Maintain the asset register and taking carriage of annual stock take
  • Assist with preparation of internal budget allocations by major divisions
  • Review Balance Sheet Reconciliations and address outstanding items
  • Contribute to the development of updated new board reports and dashboards
  • Federal Government Health Agency

Assistant Director Finance & Corporate Services

Cancer Australia
07.2021 - 05.2024
  • Company Overview: Federal Government Health Agency
  • Enhanced reporting packages to address new reporting structures
  • Effectively managed delivery of Statutory Report to Ministry and Audit
  • Successfully managed accounting processes changes
  • Managed monthly, quarterly, and yearly accounting processes as prescribed as per Health guidelines
  • Led finance in preparation of financial statements and statutory reports
  • Led and coordinate the annual financial reporting and audit timetable, deliverables and deadlines
  • Effectively managed Audit Engagement process with National Audit Office
  • Supervised Internal Audit process and reporting
  • Delivered the completed Financial Reporting pack to External Auditors, Ministry and Audit & Risk Committee
  • Led in the development and adherence to prescribed policies, ensuring compliance to accounting standards
  • Supervised annual PBS Budgeting and Internal Budget Allocations
  • Managed the review and analysis of Balance Sheet Reconciliations and address outstanding items
  • Managed cash flow management, with regular update of weekly cash projections
  • Prepared monthly board reports on organisation results to senior executives
  • Review and updated Audit engagement papers
  • Manage, coach and mentor finance team members
  • Federal Government Health Agency

Senior Manager Finance

NSW Health – NSW Ambulance
02.2015 - 06.2021
  • Company Overview: Health
  • Enhanced reporting packages to address new reporting structures
  • Handled Complex reconciliations including Inter Entity, Leases, Payroll, Debtors and Revenue
  • Effectively managed delivery of Statutory Reports to Ministry and Auditors
  • Successfully managed accounting processes changes because of implementation of new standards
  • Led financial reporting team in preparation of financial statements and statutory reports
  • Responsible for preparation of all disclosure notes, position papers and financial impact statement
  • Effectively managed Audit process with Auditors, Ministry of Health, NSW Treasury and Health Share
  • Delivered Financial Reporting pack to External Auditors, Ministry and Audit & Risk Committee
  • Led and coordinated the annual financial and audit process with the Business, NSW Health
  • Manage monthly, quarterly, and yearly accounting processes as prescribed in NSW Health Calendar
  • Analyzed high-dollar and/or complex General ledger accounts for trends, costs, revenues, financial commitments, and obligations to ensure items are properly accounted for in accordance with GAAP
  • Lead in the development and adherence to prescribed policies, ensuring compliance to new accounting standards AASB9, AASB15, AASB16, AASB1058, AASB119 and AASB1059
  • Responsible for monthly management and Board Report, with focus on comparative performance and budget variances analysis
  • Manage the review and analysis of Balance Sheet Reconciliations and address outstanding and aged items
  • Manage cash flow management, with regular update of weekly cash forecasts and the cash subsidy reports
  • Manage the reporting and reconciliation on monthly Inter-company balances and intra health transactions
  • Providing the business managers with technical insight and advice on financial accounting, treasury, and internal controls process reviews
  • Review of BAS Returns, FBT Returns and associated processes
  • Manage, coach and mentor of financial accounting team members
  • Health

Finance Manager

NSW Trades
10.2012 - 01.2015
  • Company Overview: NSW Government
  • Enhanced reporting packages to address new reporting structures
  • Handled complex reconciliations including Inter Entity, Land, Loans, leases
  • Managed the financial statements and Statutory reports preparation for Principal entity and Subsidiaries
  • Preparation of the annual accts as per Australian Accounting standards and Liaising with the auditors
  • Efficiently prepared detailed balance-sheet reconciliations, cash flow reports and Intercompany reconciliations
  • Prepared annual budget planning and cost center distribution allocations with forward forecasts
  • Handled complex Crown Land revaluations, long term financial lease schedules and monthly CLID GL interfaces
  • Developed complex financial models for Loan amortisations, Land holder permits and posting to GL
  • Accounting for both current and non-current splits for leases, amortisations, receivables and Loans
  • Administered timely completion NSW TOES/PRIME uploads for monthly financial reporting packs
  • NSW Government

Senior Accountant [Management & Financial]

Sara Lee Corporation
01.2008 - 09.2012
  • Company Overview: FMCG- [US Listed]
  • Participated in the successful implementation of SAPR3 System
  • Supervised monthly accounting processes with a 2-day close timeline
  • Handled Complex reconciliations- identifying savings for company $1 million
  • Developed financial modeling product profitability activity reports
  • Coordinated monthly, quarterly, and yearly financial accounting processes
  • Delivered interim and annual financial statements and statutory reporting
  • Successfully managed monthly management reports with forecasting and performance commentary
  • Responsible for preparation of annual budget planning and 5-year strategic plans - $500m
  • Administered monthly product standard costing of 500 products, Update of COGS and Stock Revaluations
  • Reviewed manufacturing costing of labour, materials, and production variances
  • Business partnering with senior management: reporting, budgets, sales, growth & profitability
  • Delivered Balance sheet Reconciliations & Cash flow management, Intercompany netting
  • Performed Business Process Reviews and SOX testing on a quarterly basis
  • Managed and coordinated the implementation & rollout of SAPR3
  • Ensured financial data integrity & compliance with USGAAP & Local GAAP
  • Reviewed BAS/FBT returns and assisted with Accounting for Tax effect Profit
  • Ensured timely completion Hyperion FM uploads of financial and management reports
  • Ensured WIP Capitalization are completed & update monthly fixed asset and depreciation schedules
  • FMCG- [US Listed]

Project Accountant

Investa Corporation
01.2006 - 12.2007
  • Company Overview: Morgan Stanley Group
  • Reconciled of job cost WIP with general ledger
  • Processed monthly journal entry to update projects and GL costs including WIP balances
  • Prepared project monthly management reports and provide project variance commentary
  • Consolidation and report on Cash Flow forecasts including project cash flows
  • Business Partnered with Project managers providing them with detailed project reports
  • Morgan Stanley Group

Financial Controller

NSW Rail Corporation
01.1996 - 12.2005
  • Company Overview: NSW Government
  • Developed Uniform Reconciliation Guidelines for Balance Sheet Accounts thus increasing efficiency
  • Introduced procedures for various service level agreements, reduced AR balances by $1m
  • Prepared capital expenditure budgets, project reports & project evaluation analysis
  • NSW Government

Senior Management Accountant

Telstra Corporation Limited
01.1993 - 12.1995
  • Company Overview: Telecommunication Services
  • Telecommunication Services

Accountant

PWC
01.1990 - 12.1992
  • Company Overview: Accounting Services
  • Accounting Services

Education

Master of Business Law -

Southern Cross University
01.2019

Master of Business Administration -

Deakin University
01.2005

Master of Commerce -

University of New South Wales
01.1993

Bachelor of Commerce -

University of South Pacific, Fiji
01.1985

Skills

  • Financial & Statutory Reporting
  • USGAAP Reporting
  • Management Reporting and Analysis
  • Forecasting, Reporting and Analysis
  • Budgeting & Strategic Planning
  • ERP Software Integration (SAP Key User)
  • Project Planning, Reporting & Projections
  • Product Costing & Cost Control Management
  • Treasury and Cash Flow Management
  • SOX Management with Compliance
  • ERP Systems
  • Reporting Systems
  • Oracle R12
  • SAP HANA
  • SAPBYD
  • SAP ECC 60
  • SAP R/3
  • People Soft V 9
  • Timberline / MINCOM
  • Hyperion (Enterprise & Planning)
  • ESSBASE/Bus Objects
  • SAP BW Explorer v 35
  • SAP BW Explorer v 70
  • NSW Treasury TOES/CAPTOES
  • TM1/Cognos
  • Microsoft Word
  • Microsoft Excel
  • Microsoft PowerPoint
  • Microsoft Publisher
  • Microsoft Onenote
  • Microsoft Visio
  • MYOB Software
  • Quicken Professionals

Accomplishments

  • Participated in the successful implementation of SAPR3 and SAPR6 at NSW Trades & Sara Lee.
  • Supervised monthly accounting processes with a 1-day close timeline at Sara Lee & NSW Health.
  • Developed and enhanced customised management reporting packs at NSW Trades and Cancer Aust Health.
  • Prepared annual financial statements within timelines at NSW Trades & NSW Health (Ambulance).
  • Handled complex inventory reconciliations identifying savings for the company of $1 million at Sara Lee.
  • Handled complex budgeting processes both annual & 5-year plans at Sara Lee, Cancer Aust & Telstra.
  • Managed monthly product costing processes of 500 products with COGS revaluations at Sara Lee.
  • Effectively managed and reported on monthly Aust & NZ SOX compliance testing processes at Sara Lee.
  • Enhanced Project reporting system Project Values ($750m) and $1b at Railcorp & Cancer Aust.
  • Developed complex financial modeling and cost analysis at NSW Heath, Sara Lee & NSW Trades.
  • Accounting for payroll costs interfaced with general ledger at NSW Health (Ambulance).
  • Prepared accounting position papers and Financial Impact statements at Cancer Australia & NSW Health.

System Competencies

  • ERP Systems
  • Reporting Systems
  • Other Applications
  • Oracle R12
  • SAP HANA, SAPBYD
  • SAP ECC 6.0 and SAP R/3
  • People Soft V 9
  • Timberline / MINCOM
  • Hyperion (Enterprise & Planning)
  • ESSBASE/Bus Objects
  • SAP BW Explorer v 3.5,7.0
  • NSW Treasury TOES/CAPTOES
  • TM1/Cognos
  • Microsoft Word, Excel, PowerPoint, Publisher, Onenote & Visio
  • MYOB Software
  • Quicken Professionals

Timeline

Assistant Director Finance

National Disability Australia
11.2024 - Current

Assistant Director Finance

National Mental Health Commission
05.2024 - 10.2024

Assistant Director Finance & Corporate Services

Cancer Australia
07.2021 - 05.2024

Senior Manager Finance

NSW Health – NSW Ambulance
02.2015 - 06.2021

Finance Manager

NSW Trades
10.2012 - 01.2015

Senior Accountant [Management & Financial]

Sara Lee Corporation
01.2008 - 09.2012

Project Accountant

Investa Corporation
01.2006 - 12.2007

Financial Controller

NSW Rail Corporation
01.1996 - 12.2005

Senior Management Accountant

Telstra Corporation Limited
01.1993 - 12.1995

Accountant

PWC
01.1990 - 12.1992

Master of Business Law -

Southern Cross University

Master of Business Administration -

Deakin University

Master of Commerce -

University of New South Wales

Bachelor of Commerce -

University of South Pacific, Fiji
Parma Ram