Palaniappan M. R.
Phone: 044-********
Mobile: +91-984**-*****; E-Mail: mrpl_2000@ yahoo.com
TOP FINANCIAL MANAGEMENT PROFESSIONAL
Strategy Planning ~ Finance & Accounts ~ Logistic & Trading ~ C&F
Operations ~ Auditing
~ Corporate General Manager - Finance & Accounts -Dealers Network~
With over 30 years of experience of comprehensive skills & knowledge &
exposure in;
- Planning & Management - Accounts Finalization -
Financial Management
- Costing - Corporate Presentations - Operations
Management
- Auditing - Logistic & Trading - C&F Operations
- Commercial Operations - Budget Preparation -
General Management
- Taxation Planning - Cash Management - Corporate
Law
- MIS - Liaising / Coordination - Legal
Matters
- Statutory Compliance - Documentation - People
Management
A high-energy professional with rich and qualitative experience in leading
and managing the Finance Department, including 17 years in Finance and
Audit, 4 years in Trading and 7 years in Logistic C & F Operations.
Expertise in analysing existing systems and procedures, designing internal
control systems and facilitate effective decision-making. Deft in
coordinating operations of large task groups with demonstrated leadership
qualities & organisational skills during the tenure. Strong organizer,
motivator and a decisive leader with successful track record of directing
major operations from original concept through implementation to handle
diverse situations. Demonstrated abilities in directing the completion of
Statutory/ Internal/ Management/ Income audit assignments within time /
cost budgets and calendar schedules. Sound experience in building internal
financial controls for profit monitoring, cost optimization, asset
management and working capital management. Proven abilities in the
maintenance, consolidation and finalization of monthly and annual accounts.
Ensuring legal and statutory compliance and efficient management by
organizational integration, tax savings. Possess working knowledge of FEMA
and RBI guidelines. Possesses a high level of emotional intelligence
resulting in motivated, devoted and high-result oriented teams. Ability to
play a key role in the planning process and achieving the goals of the
organization. Expertise in executing shipping operations with standard
knowledge of government policies, regulations & provisions of customs. In-
depth knowledge of the transport industry and its role in various parts of
the world. Well networked with major corporate customers and renowned
shipping line.
EMPLOYMENT BACKGROUND:
Since 03/2014 Consultant with Fitnessone Group, and other
leading Service Sectors
10/05-02/2014 Corporate General Manager - Finance & Accounts with
Fitnessone Group India Limited, Chennai India.
10/97- 09/2005 Corporate Manager Accounts and Systems with Leading
Logistic - Freight
Forwarders [Sea (CHA) and Air (IATA)] - M/s. Interfreight
Services Pvt.Ltd., Chennai.
10/96- 09/97 Consultant with Kanimp International (dealing with
Sports and Tex. wear)
10/94- 09/96 Operational and Accounts In-charge for Logistic &
Procurement with MAC
Industries Limited (Coffee Division) at Regional Office,
Bangalore
10/91- 09/94 Finance Officer - Accounts, Funds Management and
Costing with Dyna Lamps &
Glass Works Limited; The company is engaged in
manufacturing tube-light
04/83- 09/91 Senior Auditor with Venkatagiri and Company
Chartered Accountants
CORE PROFESSIONAL COMPETENCIES:
Strategies, Financial Planning & Budgets: Managing finance functions
involving determining financial objectives and designing & implementing
systems, policies & procedures to facilitate internal financial controls.
Chief architect in formulating business plans / strategies for maximizing
profitability & revenue generation & realize organizational goals.
Formulating budgets and monitoring actual performance against them.
Handling business due diligence including finance, marketing and commercial
functions both as investor and also as invested company.
MIS: Conceiving, designing and supervising the preparation of MIS reports
to provide feedback to top management on business performance. Ensuring
that all key business drivers is correctly captured including the key
financial parameters like ratios.
Finance & Accounts: Designing and implementing systems & procedures;
supervising the consolidation of group accounts and preparation of
financial statements. Handling operations related to the finalisation of
accounts, periodical reconciliation of bank and parties, debtors' recovery
analysis, creditors budgeting, statutory recoveries & implementation of
MIS. Approaching & availing fund/non fund based limits form banks/financial
institutions. Preparing the Accounts from Trial Balance to Balance Sheet
and Project Reports. Supervising the entire Accounting Systems and Funds
Management.
Overhead Management/Cost Control : Establishing strategic cost management
system for monitoring the various overheads and devising product costing
techniques.
Taxation / Statutory Compliance: Planning and managing Sales Tax, Central
Excise and Income Tax. Ensuring adherence to companies act and preparation
of returns & forms under companies act. Guaranteeing Regulatory
Compliances, Payments of License Fee, Revenue Share, Service Tax, VAT,
withholding taxes, etc. Executing operations related to PF, ESI, Excise,
Sales Tax, Income Tax and other Statutory Maintenance.
Auditing: Performing analytical review of financial statements and
evaluation of internal control systems for carrying out Statutory/Internal
audits. Preparing Schedules and Reports; discussing queries and giving
suitable replies. Coordinating with Statutory and Tax Auditors for
organizing cost audit, management audit, internal audit and systems audits.
Operations: Evaluating the commercial feasibility of new business being set
up. Managing various operations and administrative activities of the
organization. Understanding the business requirements and evolving new
policies & procedures with respect to transactions and streamlining the
operations effectively and efficiently. Collating data and providing
information to regulatory authorities. Liaising with Credit Institutions,
conducting Branch Audit and maintaining debtors, creditors and sub ledger
Preparing the Budget and Business Plan,
Fund Management: Mobilizing fund by way of term debt from Institutions &
Banks and working capital from Banks. Restructuring the loan components for
achieving the optimum cost of finance and leveraging security. Private
placement of equity and preparation for public issue. Maintaining excellent
relationship with senior management of Banks and Institutions.
Liaising / Coordination: Liaising with statutory boards such as NPPA, DSIR,
PCB, official liquidators, Company Law Board and RBI. Interfacing with
Financial Institutions, preparing project reports & various other documents
for securing loans and various Government Offices of the Central & State.
Secretarial Functions: Conducting the company meetings by presentation of
agenda/ discussion papers for the meetings of the Board of Directors,
Committee Meetings, Annual General Meetings and other meetings with high
professional standards as members. Managing procedural formalities
pertaining to due diligence, secretarial audit, postal ballot and ensuring
complete compliance of management system.
Logistic and Trading: Collecting and documenting information from importers
and exporters and fixing up the rates. Liaising with Steamer Agents, C & F
Agents and Transporters in relation to procurement, checking the sample,
etc. Developing long-term partnerships with local suppliers; monitoring
supplier performance to ensure that service, cost, delivery and quality
norms are complied with.
C&F Operations: Supervising the total logistic operation ensuring on time
delivery and cost effectiveness. Ensuring transit norms; analyzing any loss
in transit and undertaking measures to control the same. Scrutinizing and
appointing C&F agents and ensuring smooth functioning of depots / C & F
operations through proper storage, timely dispatches and proper maintenance
of accounts.
Dealer Net Work : Sales head for dealers network sales, finalizing the
dealers and fixing up and achieving the targeted sales.
NOTABLE ACHIEVEMENTS:
o Best Supporting Manager Award from the Company
o Working Capital Arranged for the company from Financial Institutions,
Banks and Raising funds through Private Placement of shares.
o New accounting processes/procedures introduced for cost analysis such as
Job wise, department wise, profit determination. Transfer of funds -
collection of funds from each unit on a day to day basis and depositing
the same in to the bank and automatic transfer from bank account to
working capital Account -cash credit account. Single window payment from
the cash credit account and centralized system of payments from corporate
office.
o Cenvat credit availed for import of input goods through service tax
.This Tax Benefit achieved with considerable sum this has given best
benefit for the company in term of funds or we may say source of income.
o Sales tax exemptions received for VAT payment against Special Additional
Duty paid on Customs.
o Significant suggestions provided to the company for cut down costs in
communication, purchase and sales dept. through centralized purchase and
centralized marketing systems in corporate Advertisement etc.,
o Recommendations made on the basis of Audits in fund management, usage of
idle time and machineries etc.,
o Handling of 30 to 50crores of budgets
o Getting another source of funds from Creditors ie., increasing credit
limit between 30 to 60 days buying requirements from the large vendors
without interest, private placement of shares etc., which is other than
secured Loans
o Team work activities initiated in warehouse management and centralized
accounting system .
PROFESSIONAL QUALIFICATIONS:
Post Graduate in Financial Management from Indira Gandhi Open University in
the year 1996 Completed
Modules Covered:
- Accounting and Finance for Managers - Working Capital
Management
- Quantitative Analysis for Managerial Applications -
Management Control Systems
- Capital Investment and Financing Decisions
Diploma in Customs Law and Procedures from Institute of International
Trade and Tax Studies, Chennai in the year 2003 completed
Academics
Master of Commerce from Annamalai University, Annamalainagar in the year
2000
Specialization: Income Tax and Cost Accounting
CA article ship from Institute of Chartered accountants
Bachelor of Commerce from Madras University, Chennai
Specialization: Advance Corporate Accounting and Management Accounting
Computer Skills
Languages : Basic
Packages : Ms-Word, Excel, Power Point and Lotus
RDBMS : FOXPRO, Ms-Access Oracle8I with Developer2000 and D B
A'
Platform : Dos and Windows 95 & 97.
PERSONAL DETAILS:
Date of Birth : 27th August 1963
Permanent Address : No. 4 (Old No.24), Chari Street, T. Nager,
Chennai - 600017.
Passport Number : No. F 1776265
Present Address : No.19 South Gangai Amman koil 1st street,
Susheel Homes Block 6, Flat no 4 Choolai
medu, Chennai - 600 094.
Last Drawn Salary : Rs.1,00,000/- PM.
Salary expected : Negotiable as per Industrial
standards