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CFO

Location:
MAS, TN, India
Posted:
September 23, 2013

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Resume:

K. Bhaskar

G-*-A, Sunshine Apartments, New ** Old 72, West Jones Road, West Saidapet,

Chennai-600015 (India)

Res : 91-44-247***** Mob: 91-909******* / 944-***-**** Email:

***********@*****.***

Seeking leadership position in...

FINANCE & MANAGEMENT ACCOUNTING

Record of Assisting Management in achieving Growth & Profits in Competitive

Markets

. A highly astute, results-oriented professional with 18+ years of rich

International experience and quantifiable achievements in all aspects

of Finance, Accounting and Audit functions.

. Directed financial management and company development for profitable

enterprise in multiple industries including Pharmaceuticals,

Cosmetics, Consumer Products, White Goods, Soft Drinks and

Hospitality.

. Powerful strategist, empowering organizations with financial

strategies for achieving long-term objectives. Demonstrated capability

in planning and implementing set up of Finance department/ operations.

. Consistently employ an energized "can-do" management style utilizing

financial analysis skills, organizational abilities, vision and

tenacity.

. Recognised for strong leadership - mentor, manage, motivate and lead

by example. Professionally aggressive in pursuit of company goals and

delivering impressive results.

CORE STRENGTHS

Financial Management & Extensive experience in applying

Accounting; Strategic Planning, Financial & Management

Supervision & Implementation Accounting Techniques in

multiple industries

Detail oriented & meticulous Exceptional multi-tasking

approach to work. Reputation for capability; skilled in balancing

unwavering accuracy, credibility competing priorities & tight

and integrity in financial deadlines. Known for quality and

reporting and operations. timely completion of all

assignments.

Proven skills in new Project Expertise in Costing, Budgeting,

Study, Evaluation and developing driving Budgetary Control

Project Feasibility Reports. Systems & handling Inventory &

Supply chain management

PROFESSIONAL EXPERIENCE

Management Consultant

Jul 2011 till date

Project Cash Flows and financial evaluation

Projected P&L, Balance Sheet and Cash Flows

Setting up Costing Systems

Cost Accounting Record Rules and Cost Audit

Internal Control Assignments

Fresh & Honest Caf Ltd (a Lavazza Company), Chennai Jul

2006 to Jun 2011

Chief Financial Officer

Heading the Finance and Accounting function of the company

. Responsible for managing the P&L and Balance Sheet of the company

. Presentation of Annual Business Plans and Variance Analysis

. Product Costing and Division wise Profitability

. Negotiating with Banks for Working Capital loans and credit facilities

. Dealing with Banks for Term Loans for expansion of projects

. Project Feasibility Analysis through DCF, Payback Period and IRR

. Treasury and Cash Flow Management

. Excise Duty, Sales Tax and VAT in various states

. Supervision of Income Tax and TDS

. Inventory Management and Materials Control

. Implementation and Review of Operational Systems and Control

Key Achievements:

. Instrumental in successful due diligence and smooth transition to an

MNC.

. Instrumental in successfully implementing the SAP FICO module in three

months time.

. Arranged for term loans and working capital.

. Instrumental in successfully selling the loss making Soya division.

Landmark Group Gulf, Dubai Nov 2003 to Nov 2005

Finance Manager

Overall accountability of Financial Management and Accounting function of

Food Division.

Compiling the Monthly P&L Account and Balance Sheet.

Responsible for Annual Budgeting and Variance Analysis.

Fixed Assets Accounting and Depreciation.

Costing and Breakeven Point Analysis.

New Projects Evaluation and Feasibility Reports.

Materials Management; Purchase, Inventory Management and Stocks & WIP

Valuation.

Negotiating rent and other lease terms.

Implementation of Accounting and Operational Systems and Control.

Classic Beverages Nigeria Ltd Apr 2002 to Apr 2003

Finance Controller

Overall in charge of all the areas of Accounting and Finance.

Implementation of Accounting Systems and Controls.

Responsible for Profitability Statements and Balance Sheet.

Arranging for Long Term and Working Capital Finance from Banks.

Costing and Variance Analysis.

Analysis of Budgets and Implementation of Budgetary Control Systems.

Supply Chain and Inventory Management.

Coca-Cola India

Manager - Internal Audit

Mar 2001 to Mar 2002

Accountable for implementation & review of Systems and Business

Controls.

Handle risk classification of gaps in internal control procedures and

make recommendations for improvements in internal controls.

Draft and analyze the internal audit reports.

Earlier role:

Finance Manager Apr 1998 to Feb 2001

Prepare P&L Account and Balance Sheet as per Indian & US GAAP.

In charge of Purchase & Sales Accounting and Bank, Debtors & Creditors

Reconciliation.

Handle valuation of finished & WIP Stocks and Manage Excise Duty & ST

related work.

Financial Management; prepare Future Business Plans, handle budgeting

and budgetary control, Treasury and Funds Management.

Capitalization of Fixed Assets and monitoring Supply Chain Function.

Key Achievement:

Instrumental in starting the operations in Varanasi and set-up the

Financial & Reporting Systems in the organization.

Electrolux Aug 1995 to Apr 1998

Deputy Manager (Costing & Budgeting)

Costing Function; handle Standard Costing & Variance Analysis,

maintain Product Cost Sheets, Monitor Contributions & maintain records

as per Cost Accounting Record Rules.

Handle valuation of Inventories.

Accounts Management; prepare & review Monthly P&L of the plant &

Annual Budget.

Key Achievements:

Independently developed and successfully set-up a Standard Costing

System for working out the Product Cost.

Actively participated in streamlining the Stores Accounting System

including Planning of the Material Issues.

Dabur India Ltd Mar 1992 to Jul 1995

Senior Accounts Officer (Costing)

In charge of Product Costing and Contribution Analysis.

Handle pricing of products under Uniform Pricing System.

Analyze cost and draw up Feasibility Reports for Diversification into

New Products, New Projects & various Marketing Options.

Prepare MIS Reports on Sales Achievement and Monthly Profitability.

SRF LTD Sep 1991 to Feb 1992

Senior Accountant on Assignment Basis for H.P.Singh & Associates, Chartered

Accountants

Gained exposure in Bank Reconciliation, Debtors Reconciliation and

maintenance of Petty Cash and Bank Accounts.

EDUCATION & CREDENTIALS

Bachelor of Commerce (Honours) 1989 - University of Delhi

Cost and Works Accountant (ICWA) 1991- The Institute of Cost and Works

Accountants of India, Calcutta

Chartered Management Accountant (CIMA) 2010 - The Chartered Institute of

Management Accountants, London,UK

Certified Financial Planner (CFPCM) 2012 - Financial Planning Standards

Board, India

Diploma in Business Finance 1996 - Institute of Chartered Financial

Analysts of India, Hyderabad

Membership of Professional Institutes:

Associate Member of All India Management Association.

. Associate Member of Chartered Institute of Management Accountants,

London.

. Associate Member of The Institute of Cost and Works Accountants of

India.

Articles published in "The Management Accountant" a Leading Professional

Journal:

. Uniform pricing in a Consumer Products Industry

. Setting up an Activity Based Costing System

. Foreign Exchange Risk -Forward Contracts vs Options

Computer Proficiency: Good working knowledge of Microsoft Excel, Word,

Tally and SAP Financials for Costing & Accounting Applications.

PERSONAL DETAILS

Date of Birth : 9th July 1969

Languages Known : English, Hindi, Tamil and Malayalam

Passport Details : Issued by RPO Chennai and valid upto 2021

REFERENCES

Available on request



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