Looking for a job

Prasad Nayak

@prasadnayak

Senior Finance Manager at Spectrum Networks DMCC who grew revenue and secured government contracts across the UAE and Saudi Arabia.

United Arab Emirates

Message

At Spectrum Networks DMCC, I implemented a financial system integrated with CRM, increasing automation by 60% and streamlining the close process. I also worked with the CEO and board on financial and capital plans.

I grew company revenue from $3.6M to $5.1M in the first year, followed by increases of 40% and 30% in the next two years, through an expanded client base and government contracting. I secured a $1.5M government contract and negotiated a $1M contract with a new vendor.

At Comguard FZ LLC, I prepared group-level consolidated reports and policies, supported ERP implementation, and led a team of 11. My experience also includes finance and accounting across Oman Perfumery LLC, BAUER Nimr LLC, and Middle East Appliance LLC, as well as external auditing in India.

Experience

Work history, roles, and key accomplishments

Head of Finance and Credit Control

Spectrum Networks DMCC

Aug 2018 - Dec 2025 (7 years 4 months)

Implemented a new financial system integrating with CRM, increasing automation by 60%. Engineered revenue growth from $3.6M to $5.1M in the first year, with subsequent increases of 40% and 30%.

Financial Strategy Budgeting Credit Control VAT Filing ERP CRM Integration Financial Reporting Cash Flow Management

Senior Finance Manager

Comguard FZ LLC

Jul 2015 - Jul 2018 (3 years)

Prepared annual organization budgets and coordinated department budgets. Handled finance activities for a group of 4 companies with $30 million annual turnover, leading a team of 11.

Budgeting Financial Reporting Internal Audit External Audits Credit Control ERP Implementation Team Leadership Tally.ERP 9

Assistant Manager Accounts

Oman Perfumery LLC

Oct 2012 - Mar 2015 (2 years 5 months)

Handled four companies with retail operations in Bahrain, Kuwait, Saudi Arabia, and Qatar, including finalization of accounts and consolidated reporting. Provided training on Microsoft Dynamics AX finance module.

Consolidation Financial Reporting Internal Audit Payroll Microsoft Dynamics AX Insurance Management

Site Commercial Manager and Accountant

BAUER Nimr LLC

Jun 2009 - Aug 2012 (3 years 2 months)

Managed day-to-day administrative issues and handled cash transactions, trial balance review, and reconciliations. Achieved significant cost reduction in administrative areas.

Administration Cash Management Reconciliations Inventory Management Cost Reduction Procurement

Senior Accountant

Middle East Appliance LLC

Dec 2007 - Apr 2009 (1 year 4 months)

Prepared weekly and monthly cash flow statements, handled reconciliations, and managed bank transactions. Applied for Letters of Credit for both export and import.

Cash Flow Management Reconciliations Banking Letter Of Credit SAP FI CO Microsoft Office

Senior External Auditor

Verlekar & Co

May 2006 - Sep 2007 (1 year 4 months)

Prepared audit working papers and findings, and completed statutory audits in accordance with Indian Accounting Standards. Communicated audit findings and recommendations to management.

Statutory Audits Internal Audit Indian Accounting Standards (Ind AS)Compliance Audit Reporting

External Auditor

Diwaker Kaisare & Co

Oct 2005 - Apr 2006 (6 months)

Handled income tax return filing for clients and firms. Executed stock audits and external audits of public and private sector banks in accordance with auditing standards.

Income tax Stock Audits External Audits Audit Standards (ISA)Compliance