PRADEEP BALAN

PRADEEP BALAN

Chief Financial Officer | Financial Strategy

Dubai, United Arab Emirates

Profile summary

Strategic Chief Financial Officer with 30 years shaping financial strategy and corporate governance across international markets in the GCC. Multilingual professional fluent in 4 languages, directing financial systems, business expansion, and capital allocation. Committed to driving operational excellence and strengthening liquidity management across multinational enterprises.

Career highlights

ERP System Migration: Migrated enterprise resource planning from SAP to Oracle NetSuite, improving reporting accuracy and closing speed by 30%.

Financial Risk Management: Strengthened liquidity management, reducing foreign exchange risk exposure by 35% and ensuring optimal working capital efficiency.

Audit Management and Compliance: Coordinated internal and external audits with PwC and KPMG, reducing compliance issues by 35% while aligning reporting with global standards.

Financial Reporting Automation: Automated monthly reporting processes, reducing cycle time from 10 to 7 days across EMEA markets.

Key skills

TechnicalCapital Allocation Capital Structure
ProfessionalIFRS/US GAAP Financial Strategy Strategic Planning Audit Management Business Expansion Talent Development HR & Compliance Global Consolidation Treasury & Cash Flow M&A & Joint Ventures Corporate Governance Compliance & Risk Mitigation ERP Implementation (SAP, Oracle NetSuite, etc.) AML, Fintech P&L Management Operations Strategy Risk Management Financial Systems

Professional experience

Chief Financial OfficerDec 2025 - Present
Novora Insulation Industry LLCUAQ, UAE

Reports to the Chief Executive Officer and Board of Directors, steering financial and operational strategy across manufacturing scale-up, supply chain, and capital allocation. Partners directly with executive leadership on market entry, risk management, and overall business governance.

  • Co-founded and built the business foundation through entity setup, governance structuring, and capitalization.
  • Manages end-to-end finance operations encompassing FP&A, treasury, and regulatory compliance.
  • Directs digital transformation initiatives including ERP deployment and process automation.
  • Builds and mentors senior leadership teams to establish performance management frameworks.
Chief Financial OfficerJul 2015 - Nov 2025
Pearl Polyurethane SystemsDubai, UAE

Shaped corporate finance, human resources, and compliance strategy, steering operations across seven international markets and directing financial systems.

  • Led expansion into KSA, Egypt, India, and Vietnam, ensuring complete legal and tax compliance.
  • Migrated enterprise resource planning from SAP to Oracle NetSuite, improving reporting accuracy and closing speed by 30%.
  • Strengthened liquidity management, reducing foreign exchange risk exposure by 35% and ensuring optimal working capital efficiency.
Head of Finance & AccountingJun 2007 - Jul 2015
Bayer Pearl Polyurethane Systems LLCDubai, UAE

Guided corporate governance, financial reporting, and operational structures across finance, audit, and human resources for a multinational joint venture.

  • Managed regional P&L, improving profit margins by 12% through cost optimization and strict expense control.
  • Launched performance framework, ensuring 100% compliance with annual reviews and appraisals.
  • Coordinated internal and external audits with PwC and KPMG, reducing compliance issues by 35%.
Global Consolidation & Financial AnalystJun 2004 - Jun 2007
SchlumbergerDubai, UAE

Steered consolidation, reporting, and compliance oversight across EMEA markets, establishing alignment with IFRS and US GAAP standards for corporate stakeholders.

  • Automated monthly reporting processes, reducing cycle time from 10 to 7 days.
  • Coordinated with Big 4 auditors, ensuring full compliance and zero audit exceptions.
  • Consolidated financial data from 20 countries, improving reporting accuracy by 25%.
Finance Executive (Progressive Roles)Dec 1996 - May 2004
Maritime & Mercantile International (MMI)Dubai, UAE
  • Executed system automation initiatives, cutting reporting timelines by 40% and reducing manual data errors.
  • Implemented budget control mechanisms, decreasing cost variances by 15% across operational units.
Chief Financial Officer Dec’Jan 2025 - Present
Co-founded and led the establishment of the business, including entity setup, governanceand capitalization
  • Established corporate legal entities and governance frameworks to secure structural compliance from inception.
  • Structured initial capitalization frameworks to secure baseline funding for business operations.
❖ PG Certificate Program for Emerging CFOsJan 2023 - Jan 2024
Missouri University USA
❖ MBA - Finance & StrategyJan 2000 - Jan 2002
Delhi University (via International Educational InstituteUAE)
❖ B. Com - CommerceJan 1996 - Jan 1999
New Indian Model School UAE
  • Earned second rank in the All India Higher Secondary Education Commerce Examination for the UAE Centre in 1996.

Education

PG Certificate ProgramJan 2023 - Jan 2024
Indian Institute of Management (IIM)

Emerging CFOs

MBAJan 2000 - Jan 2002
Missouri University

Finance & Strategy

B. ComJan 1996 - Jan 1999
Delhi University (via International Educational Institute, UAE)

Commerce

Higher SecondaryJan 1996 - Jan 1996
New Indian Model School

Commerce

  • 2nd Rank in All India HSE Commerce Examination (UAE Centre)

Certifications

Certificate in International Auditing (CIA)ACCA, UK2004-01-01T00:00:00.000Z
Institute of Cost & Work Accountants of India (ICWAI) - Coursework CompletedICWAI2005-01-01T00:00:00.000Z

Languages

English · Professional

Arabic · Professional

Hindi · Professional

Malayalam · Professional