Manish Jain

Finance Management:

• Managed financial accounting and policy adherence for the Agri Division.
• Ensured timely completion of audits.
• Conducted operational reviews for two destinations.
• Developed business plan forecasts and analyses.
• Conducted cash flow projections, planning, and analysis.
• Identified and analyzed cost control opportunities.
• Ensured compliance with financial and internal controls.
• Evaluated and improved standard operating processes.

Cash Management:

• Oversaw daily cash management activities for Africa regions.
• Monitored and forecasted cash flows to support operational needs.
• Managed relationships with banks and financial institutions for cash management services.

Commodity Risk Management:

• Developed and implemented risk management strategies for edible oils.
• Monitored market trends, production history, and demand-supply analysis.
• Recommended hedging instruments such as forwards, accumulators, and futures.

Financing:

• Evaluated financing options to support business growth in Africa.
• Managed debt facilities to ensure cost-effective funding.
• Coordinated financing transactions and maintained compliance with debt covenants.

Inventory Management:

• Optimized inventory management using advanced analytics tools.
• Improved demand forecasting and stock level optimization.

Finance Manager, Rice
Jul 2018 – Present (1 yr 9 mos)
Dubai, United Arab Emirates

Assistant Finance Manager, Rice
Dec 2014 – Jul 2018 (3 yrs 8 mos)
Dubai, United Arab Emirates

Associate Finance Manager, Rice
Mar 2013 – Dec 2014 (1 yr 10 mos)
Bangkok, Thailand

Finance Executive
Jul 2012 – Mar 2013 (9 mos)
Hyderabad, India

Leading and managing Finance team for Rice platform in/to Africa
P&L Management:

• Financial accounting and month-end closure.
• P&L management, review, and presentation.
• Reviewing cost assumptions and actuals (TCB vs TCA) analysis to assist in decision-making.

Forex Management:

• Review and reporting of FOREX exposure.
• Understanding of derivatives instruments, including exotic options.

Budgeting and Forecasting:

• Business plan forecasting and analysis.
• Cash flow projections and analysis.

Trade Finance:

• Manage trade finance operations, including bank financing and LCs.
• Review bank position sheets and manage available limits to optimize line utilization and reduce overall costs.
• Review MIS on outstanding loans.
• Understanding of UCP600 and URC522.

Inventory Control:

• Ensure reconciliation of inventory and timely submission of insurance declarations.
• Monitor and report on slow-moving inventory for decision-making.
• Implement inventory controls to ensure optimum inventory levels.

Other Key Aspects:

• Identify and analyze areas for cost-cutting and budgeting.
• Ensure compliance with financial and internal controls.
• Maintain MIS and reports.
• Understand and evaluate standard operating process flow in the company.