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