About SPARK Management Consultancy FZE
Established in 2017, SPARK Management Consultancy FZE. Is a boutique advisory firm focused on providing CFO advisory services, board advisory services, transaction advisory services to small, medium & large business groups for their complex business. SPARK Management is backed by reputed people of immense and varied experience in diverse industries providing multi-disciplinary services. With its focus primarily on small & medium businesses in UAE and India, SPARK aspire to create lasting relationships with business owners, financial institutions, principals, bankers and other stake holders. As our motto goes “We make it happen”, at SPARK we commence all our initiative with a firm belief that no idea is born in anyone’s mind without the power to achieve it.
About the Promoter
Mr.Ravichandran is a result oriented finance, accounts and HR management professional, with over 25 years of experience. Being a CFO and a member of the leadership team played a significant role in driving growth plans and restructuring and turning around companies from the brink of a disaster.
Proficient in funding arrangements through banks and financial institutions, private equity, including liaising, formulation of funding strategies and decision making. Well experienced in people management, systems and controls, process management, financial statement analysis, management information systems, monitoring and evaluation of budgets, policy framework, development of systems and procedures manual, risk analysis, and working capital management.
Extensive experience in strategic planning, monitoring budget vs actuals, bring rigor, accuracy and discipline in driving monthly P&L and other management reports. Played a pivotal role in the growth of the company as an extended arm to the Managing Director.
Mr.Ravichandran - CA, Company Secretary & MBA
with over 25 years of experience across different industries
Associate Partner
A Charterd accountant, Finance & Compliance Professional with diversified experience in Ethics & Compliance, Audits, Testing & Monitoring, Investigations (Compliance/Ethics, Financial & Non-Financial), Financial Analysis, Performance & Transaction Reporting, Management Consulting, Process & Project management, People management with demonstrated Leadership skills. Over 25 years of experience working in India and the Gulf associating with several Multinationals Unilever, Schlumberger, Tetra Pak and Johnson & Johnson across Geographies.
Mr. Paramesh Balakrishnan
Partner
- Nisha is a qualified Chartered Accountant from The Institute Of Chartered Accountants of India (ICAI) and holds a Graduation degree in Commerce from Osmania University, Hyderabad.
- She is a Certified Fraud Examiner (CFE) from the Association of Certified Fraud Examiners and has completed the Forensic Accounting and Fraud Detection Certificate from ICAI.
- She was previously associated with the Forensic & Integrity Services practice in Ernst & Young LLP and the Ethics & Integrity department at Bundl Technologies (Swiggy). She has conducted Fact Finding reviews, Computer Forensics Engagements, Fraud Risk Assessments, Due Diligence Projects and Forensic Audits of non-performing asset/ corporate debtors as mandated by banks.
REPRESENTATIVE EXPERIENCE IN FORENSIC AUDITS
- Performed forensic audits and fact-finding reviews on behalf of leading public sector banks in involving investigation of potential diversion of funds by its corporate customers. The NPA exposure to the consortium of banks ranging from INR 500 crores to INR 8,000 crores
- Assisted various multi-national and Indian companies in investigating whistle-blower complaints on conflict of interest between employees and vendors, Quality Control and Capex. and quantified improper gains made
- She has been part of Fact Finding Reviews for multinational companies wherein objective of the engagement was to assist in undertaking review of alleged transactions and to identify control gaps
- She has been part of Fraud Risk Assessment engagements for reputed Indian as well as Multi-national companies
- She has worked on assignments involving Computer Forensic Reviews, Fact Finding Reviews and background research of companies and individuals
- Nisha has performed ABAC compliance due diligence review of various Indian and Multinational companies. Scope involved understanding company’s compliance program, benchmarking with best practices including UKBA, FCPA and OECD, data analytics, detailed document review of sample transactions, preparing risk matrix, making high level recommendations and assisting formulation of a monitoring plan for Company’s employees
- She has worked on FCPA reviews for several large-scale clients across various sectors wherein the assignments included assessment of current FCPA/ABAC framework, keyword-based anti-bribery anti-corruption data analytics, reviewing contracts entered into with select vendors/service providers, conducting discussions with key management personnel, checking for violations with Code of conduct clauses by employees, transaction testing and policy review
- She was also seconded to India’s largest IT company to work as part of their compliance department wherein apart from investigating cases that were reported on their whistle-blower platform, she had also helped in streamlining their CMS application
- As part of her experience in Industry –
- She performed investigations and fact-finding reviews of cases escalated to Ethics & Integrity department and cases reported on WB channels. Scope of work also constituted process improvements for better compliance & redesigning of policy framework as well as conducting Fraud Risk Assessment on identified areas and intimation of the same to Audit Committee
- She has also played an instrumental role in setting up the whistle-blower channel and has streamlined complaint handling frameworks across various departments
- She has been a part of Internal Audit of businesses in the Chemical Industry as well as for Hospitals in the Healthcare Industry
Nisha Ghosh
Services Offered
CFO Shared Services
Depending on the size & the growth aspiration of the company, we provide a flexible engagement model, by which you can increase/decrease engagement levels, there by we give an opportunity of having the best CFO talent assisting you, based on your needs. Services are generally charged on the number of hours of engagement.
Internal Audit
Good internal auditing system results in efficient management of an enterprise and ensure continuous improvement of governance, risk management, and management controls. With over 25 years of experience, we provide quality input to the management through periodic review of systems and controls.
Advisory Services - Fund Raising – Debt & Equity
Raising new debt, or renewing existing credit facilities on favorable terms has become tougher, even for the strongest borrowers. Restructuring the debt as per the revised business plan is a huge task for companies going through challenging times.
Advisory Services - Merger & Acquisition
Raising equity for growing the company or company looking to raise equity to come out of challenging situations is another challenge many SME face. The experience of over 15 years of supporting companies to achieve those objectives is the core strength of SPARK.
Management Audit
Our management advisory services and business consulting services are designed to assist all types of businesses, both through concrete financial planning and researched, time-tested business advice. Advisory services include, but not limited to conflict resolution, financial analysis and planning, new business planning, internal control recommendations.
Advisory Services To Board
We provide board and CEO advisory services through which we facilitate and support change at the very top by bringing in a well set process and metric by which people at the top drive the business and bring accountability at all levels particularly for family run business. We have a rich experience of working with multiple family run business.
Marketing and Liaisoning Services
Expanding the footprint of any business through partnership, association and also leveraging the strengths of business across regions ensure growth and stability. SPARK will effectively use its contacts and its associates, business experience to give brands / companies seeking to strengthen / expand their business in different geographies.
Bi Solutions for Business (BiCXO)
The best business software solution or the best Bi tool for business is the one which is tailored and implemented as per your business needs. BiCXO is an Assisted Bi solution where our experts implementing a analysis solution with a powerful reporting system in place that is tailored your business requirement. SPARK through its associate provide Bi solution – To know more visit www.bicxo.in
AML/CFT - Advisory and AUP
We provide advisory and other support to the financial institutions on AML/CFT framework. Our services include AUP audit, assisting in development of policy & procedure, Risk assessment (ML/FT and EWRA), Training, gap assessment, etc. We have experts who can guide the company and assist them in regulatory compliance.
Projects Handled
Driving & reporting monthly P & L, other MIS report like the daily sales report, inventory report, etc. Identifying & leading fund raising effort, establishing and managing relationship with bankers, negotiating with landlords for rent etc. and taking other measures to control costs
Driving & reporting quarterly/annual P & L , finalization of audit, other MIS report like project profitability, restructuring of debt with bankers, identifying and closing equity partnership, completion of accounting and business due diligence done by big 4 and also legal diligence and finalizing the SPA and SHA agreement and negotiation with creditors of the company.
Represented the company as an accounting expert with regard to a dispute under arbitration against the defendant company represented by deloitte and successfully submitted a report to the arbitration tribunal and obtained a favorable order.
Representing the company from August 2019 for restructuring the debt of USD 25 Mio with bankers and driving the accounts and finance function of a manufacturing company with sales of over USD 60 Mio
Representing the company as consulting CFO since May 2020 before bankers for restructuring a debt of around 200 AED Mio and driving MIS and P & L
Supervising the accounting and finance functions and assisting the company in fund raising efforts.
V- Associates
The company has a contractual agreement to promote leadge BiCXO in GCC market
Work closely with proxima corporate services private limited on M & A advisory services in GCC and African market
Work closely with FRG chartered accountants UAE, particularly on business valuation and financial planning and other advisory services for their non audit clients
Work closely with YBH chartered accountants UAE on all their special audit assignment's requirements
What Our Clients Say
Mohan R
Leadge Business Services Pvt. Ltd.I want to thank you for being with us in our journey of creating and making available a world class business intelligent software (BICXO) for CXO particularly for SME. We also thank you for spearheading the effort to take BIXCO into UAE market. We have worked together for so long and I always admire your energy, infectious enthusiasm and professionalism that you bring to the table. Look forward to working closely with you and take BIXCO to great heights.
K R Mohanakrishnan
Beyontec Solutions DMCC| would like to take this opportunity to offer our sincere thanks on behalf of our company for the advisory services rendered by your company which helped us to successfully manage ours working capital requirements to our satisfaction. We found you to be an extremely focused, dedicated and efficient service provider. Look forward to working with you at some point in the future and will have no hesitation recommending your company to others looking for such services.
Mohan R
Leadge Business Services Pvt. Ltd.I want to thank you for being with us in our journey of creating and making available a world class business intelligent software (BICXO) for CXO particularly for SME. We also thank you for spearheading the effort to take BIXCO into UAE market. We have worked together for so long and I always admire your energy, infectious enthusiasm and professionalism that you bring to the table . Look forward to working closely with you and take BIXCO to great heights.