Sumon is a passionate, cross-functional, and result-oriented finance professional with 8+ years of experience serving prestigious organizations (MNC & local) and performing in diversified roles in Finance & accounts, auditing, and teaching. His expertise in the areas including but not limited to management reporting, financial reporting, financial controlling, financial analysis, business analysis, business performance management, budgeting & forecasting, MIS, financial audit, management consultancy, etc. His diversified work experience in various finance areas provided him with insight into the key business processes, internal control systems, corporate governance, regulatory systems, and accounting frameworks of an array of organizations.

He is a highly responsible, insightful, determined, and enthusiastic quick learner who possesses considerable knowledge and expertise in finance & accounting. A data-driven strategic thinker with high-level analytical and problem-solving skills which significantly contributed to core business activities. He enjoys working as a team player, self-managed, always thrives on challenges, and loves to learn new things.

Being an ACCA Finalist (1 paper remaining), he had the opportunity to gather comprehensive knowledge on IFRS & IAS, financial accounting & reporting, management accounting, internal control, risk assessment, strategic planning, taxation, performance management, financial management, etc.

Sumon's goal is to grow in a progressive organization as a leader where the blend of his experience and enhanced educational skills can help achieve the company's desired objectives. He would like to exploit his potential and sense of obligation for the benefit of the organization.

Key Areas of Expertise:
 Management Reporting
 Financial Reporting
 Financial Analysis
 Business Analysis
 Financial Modelling
 Budgeting & Forecasting
 Fixed Assets Management
 Advance Excel
 Tableau
 Power BI
 Oracle NetSuite
 SAP

Key Skills

•  Management reporting
•  Business Analysis
• Financial Analysis
• Financial Accounting
• Product Costing & Pricing
• Financial Modelling
• Budgeting & Forecasting
• Full Cycle Accounting
•  Accounts Receivable & Payable
•  CAPEX Controlling
• Fixed assets Management
• Investment Appraisal
• Strong Interpersonal Skills
• Microsoft Office & Google workspace
•  SAP, Oracle NetSuite, Quickbook & XERO

Work Experience

Manager, Finance (EMEA region)

Monstarlab ES, Bangladesh

(July 2022 to Present)

Japan based multinational tech company, Dhaka, Bangladesh

• Perform month-end closing activities, entering journal entries and performing reconciliations and reviewing those performed by junior staff, intercompany sales, and cost of sales (COS) calculations and postings.
• Lead the revenue recognition process for the EMEA entities, ensuring compliance with IFRS and company policies. Oversee accounts receivable functions including invoicing, collections, and cash application, while driving continuous process improvements to enhance efficiency and reduce Days Sales Outstanding (DSO).
• Conduct project profitability analysis, revenue and cash flow forecasting for regional entities, and deliver insights on KPIs, variances, and trends. Prepare comprehensive reports and presentations for management, highlighting key financial metrics and opportunities for improvement
• Assist in the annual budgeting and rolling forecast process, collaborating with department heads and project manager to develop realistic financial plans. Monitor financial performance, identify variances, and provide actionable insights to meet financial goals.
• Assist in the annual group financial statement audit for the EMEA regions business, including providing information requested and responding to audit inquiries.

Manager- Financial Control & Reporting

Meghna Group of Industries (MGI)

(May 2021 to Jun 2022)

largest Bangladeshi industrial conglomerate, Dhaka, Bangladesh

• Developed concise monthly performance reports to highlight business issues, support informed decision-making, and provide detailed commentary on variances in financial results compared to forecasts, budgets and historical performance.
• Led month-end closing processes in SAP, including standard costing, variance analysis, financial period closing, and depreciation runs, while ensuring accurate entries for month-end provisions
• Analyzed key performance indicators, costs, pricing, and break-even points to interpret trends in sales, production, and financial performance. Conducted inventory analyses to improve internal controls, manage slow-moving stock, and coordinate periodic physical inventory couns.
• Prepared comprehensive management financial reports emphasizing key performance indicators, identifying risks and opportunities for the business, and conducting thorough profitability analysis based on various parameters such as SKU, product type, region, and customer.
• Managing Fixed Assets and oversee control systems and procedures for fixed assets, maintain and update the asset schedule and accumulated depreciation while, calculate depreciation and amortization in SAP, execute quarterly AUC settlements and year-end closing tasks, monitor project costs and close accounts upon project completion, and ensure fixed asset expenditures align with the CAPEX budget and management approvals.

Last Position: Business Analyst (FP&A)

RAK Ceramics (Bangladesh) Limited

UAE based global Ceramic company, Dhaka, Bangladesh

(May 2017 to Apr 2021)

• Analysing monthly business performance and preparing monthly business review pack including financial snapshot with quantitative analysis as well as functional accomplishments that facilitate management analysis and decision making
• Perform in-depth profitability analysis by product, service, customer, or market segment to identify opportunities for revenue enhancement and cost optimization.
• Provide timely and accurate financial reporting, including monthly financial analysis, variance analysis, and key performance indicators (KPIs), to department leaders and senior management.
•  Developed and delivered dashboards, financial presentations for department leaders and stakeholders, communicating financial results and strategic recommendations, while staying updated on industry trends and best practices.
• Assisted in budgeting, forecasting, investment appraisals, and due diligence for acquisitions while  collaborating with the CEO, CFO, and senior leaders to drive financial strategy and support business growth.
• Act as a change agent, and coordinate SAP change management and continuous business process development to improve business efficiency and effectiveness.

Management Trainee

S. F. Ahmed & Co. Chartered Accountants

A Member firm of HLB International

Leading professional service firm in Bangladesh, Dhaka, Bangladesh

(Nov 2015 to Apr 2017)

• Involved with various assignments including statutory audit, business valuation, forensic investigation, etc. Responsibilities include but are not limited to planning and performing auditing, reviewing team members’ work, performing effective risk and control assessments, completing audits on time, and submitting reports to auditing managers and partners.