Jitendra Singhvi

I have over 22 years of diversified experience in Financial Operations, Treasury, Finalisation of Accounts, Internal Audit, Strategy Formulation, and Risk Management with leading organizations in Qatar, Oman and India. 

Areas of Expertise as CFO: - Plan and supervise all matters related to finance & accounts management of the company, provide input and coordination in strategic decision making, business planning, accounting, budgeting, financial reporting, treasury, statutory auditing, fund investment and management in close liaison with internal and external stakeholders with the objective to ensure smooth viability of business operations, maintaining and improving the financial health of the company while following the guidelines and limits defined within the company policies & procedures, international financial reporting standards, government rules and regulations pertaining to corporate governance and taxation.

Areas of Expertise in Audits:- Operational, Financial, and Technical Reviews and active support to executive management in leading organizations to achieve desired objectives.

Manufacturing industry:

Fund management, improving shareholder return, relationship with bankers and financial institutions, Cost optimization, review, and monitoring of internal control, reporting to Audit Committee and Board, and Overseeing subsidiary operations.

Hospital

Patient management, Capex planning and utilization, Data archive, and Financial reporting. 

Telecom
Revenue and Capex processes for "Fibre to the Home/Business" (FTTX), Submarine Cable Systems, Broadband, ISP, and GSM with the product lines for Retail, Enterprise, and Wholesale including Prepaid, Post-paid, Interconnect, Roaming, ICT. Strategic review of Policies and procedures related to B2C (Retail, Franchise), Commissions, Product development & Pricing, Base Management, Customer Care/Back office, Credit Control & Collection Management (AR), Revenue Assurance & Fraud, Capex/Opex, Revenue Management & Accounts Payable. Recently worked on projects related to Cost Optimisation, Strategic Sourcing and Workforce Planning with the involvement of industry leads such as McKinsey, Arthur D little, Hay Group. 

Electricity Supply and Distribution

Strategy Formulation, Revenue management, Billing and collection, Regulatory accounts, management of Government Subsidy (Price control Mechanism), HR, technical audits - undergrounding 33KV/11KV network, fraud examinations, ERP post-implementation review, Preparation of policies and procedures, managing State Audit and External Audits.

Others

Audit of financial statements as per IFRS of industries including Oil&Gas, FMCG, Hotels, Infrastructure, Manufacturing, Holding, and Subsidiary Consolidation. 

Chief Financial Officer (CFO), Raysut Cement Company (Muscat-Oman)- Since June 2020 

Head of Internal Audit (Reporting to Audit Committee), Raysut Cement Company (Muscat-Oman) - July 2019 –June 2020

Senior Manager Internal Audit, Omantel (Muscat-Oman) - August 2015- July 2019 

Internal Auditor (Reporting to Audit Committee), Qatar National Broadband Network (Doha-Qatar)- June 2013- July 2015

Business Advisor to CEO, Muscat Electricity Distribution Co. SAOC (Muscat-Oman) - August 2012- May 2013

Manager Internal Audit at Muscat Electricity Distribution Co. SAOC - Reporting to the Audit Committee (Muscat-Oman) -August 2010- July 2012

Internal Auditor and secretary to the Audit committee - Ooredoo. Muscat-Oman) - August 2005– July 2010

Audit Senior - KPMG (Muscat-Oman) - October 2001 – August 2005

Assistant General Manager - Indocolchem Ltd., (Ahmedabad –India)- July, 1999 – September, 2001

• Chartered Accountant (CA) from the Institute of Chartered Accountants of India in 1999.
• Certified Information System Auditor (CISA) from Information System Audit and Control Association (ISACA), USA in 2010
•  Certified Internal Auditor (CIA) from Institute of Internal Auditors (IIA), USA in 2006
• Certified Compliance Officer (CCO) from the American Academy of Finance Management in 2006
• Bachelor of Commerce from Maharshi Dayanand Saraswati University –Ajmer India in 1995.