P. CHANDRASEKAR
Mobile: 097*-******** ~ E-Mail: ***********@*****.*** &
*********@*****.***
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Seeking senior level position in Accounts, Finance & Secretarial with an
Industry of repute
- A competent professional with over 29
years of experience in Commercial
Operations encompassing Accounts &
Finance, ERP Implementation, Secretarial
Management, Logistics, Client
Relationship and Team Management.
- Currently associated with International
Agencies in their S & I division (known
as Intercol) as Finance Manager in
Bahrain. In charge of accounting and
finance for three Countries and a JV,
- Proficient in recommending procedures
with proven ability to achieve financial
discipline & enhance the overall
efficiency of the organisation.
- Demonstrated business acumen in leading
and managing the operations and
contributed higher rate of organic
growth.
- Adept at handling commercial
documentation, managing logistics &
liaising with dealers, customers &
regulatory authorities.
- Experience in financial operations
including maintenance of books of
accounts, taxation & audits.
- Deft in preparing & filing income tax &
TDS returns of the various assesses in
accordance with the provisions of Income
Tax Act.
- Possess excellent relationship management
skills with abilities in liaising with
Government bodies & banks for ensuring
statutory compliances & smooth business
operations.
- Familiar with IAS/IFRS, Indian GAAP & US
GAAP; SOX act.
- Possess effective communication,
interpersonal & problem solving skills
with the ability to handle extremely busy
and hectic schedules.
ORGANIZATIONAL DETAILS
From Dec. 09 International Agencies co. Ltd. Bahrain
Finance Manager.
Jun'07- Nov. 09 Member in practice
Sep'06-May'07 Al Jazeera Tube Mills Co., SAOG, Sohar, Oman
Financial Controller & Company
Secretary
Oct'02-Sep'06 Hanil Lear India (P) Ltd., Chennai
G.M. Commercial, Finance &
Company Secretary
Sep'98-Oct'02 JBM -Sungwoo Ltd., ThyssenKrupp JBM Pvt. Group
Leader - Finance &
Ltd., Chennai Company Secretary
Jun'93-Aug'98 Bambino Agro Inds. Ltd., Gurgaon Finance
Manager
Feb'90-May'93 Mighty Micro Computer Corporation, Kansas
Financial Controller
City, KS, USA
Jan'83- 87 Hindustan Motors Ltd., Chennai Senior
Officer - Internal Audit
KEY DELIVERABLES:
Accounting Functions
- Preparing & maintaining accounts in SAGE - ERP and reconciliation of
financial statements in compliance with the norms. Exposure to SAP
environment.
- Responsible for project reports preparation & analysis, costing,
budgeting, hedging and bank negotiations.
- Presenting a true and fair view of the financial position of the company
by way of timely preparation of annual reports ensuring analysing the
expenditure on a monthly basis to control expenses.
- Reviewing, analysing and maintaining accounts of sales transactions,
purchase bills, operation maintenance bills, imprest, etc.
- Maintaining MIS & reports, evaluating them for facilitating decision-
making process.
- Handling valuation of shares including the latest techniques.
Secretarial Functions
- Maintaining statutory books and records, ensuring compliances with legal
and procedural requirements under various enactments for effective
corporate governance, reports and notifications to Board/shareholders/
ROC's/ stock exchanges / SEBI / other agencies under various regulations
and rules.
- Maintaining minute books for meetings of the board of directors/
committee of board of directors & shareholders general meetings.
- Executing secretarial internal audit for assessing the compliance with
the corporate laws.
- Dematerialisation & re-materialising of shares.
- Handling Meetings of Board of Directors / Committee of Board of
Directors.
- Adhering to compliance with the provisions of listing agreement.
- Handling cases on ESI, Factories Act and other labour laws.
- Issuing notices, drafting agenda, recording minutes and preparing annual
report.
- Responsible for change of name, shifting of registered office out side
the state, preparation and modification of MOA/AOA and JV agreements.
- Preparing Compliance Certificate issued by Practicing Company Secretary &
Corporate Governance Report.
- Resolving complaints / queries of shareholders / other stakeholders of
the company.
Audits & Taxation
- Handling the complete planning & management activities for ensuring
completion of internal, statutory audits within time including
preparation of audit manual for internal audit.
- Overseeing internal audit of companies including setting up internal
audit systems & monitoring the implementation of systems and providing
feedback to the top management with regular internal audit reports.
- Preparing tax plans and ensuring timely assessment and filing of direct &
indirect tax returns, TDS, fringe benefit tax, income tax and service tax
in compliance with statutory tax acts.
- Verifying sales & purchase summary for sales tax return and preparation
of set-off working for monthly & annual return, VAT return & assessment.
- Implementing systems - ERP called MFGPRO and attending JV issues along
with finance, accounting, purchase, stores, excise & sales tax.
Financial Control
- Implementing financial results forecasting system for providing accurate
future results projections and budgeting system ensuring timely
compilation and presentation of Budgets.
- Projecting future outlook to corporate finance thereby ensuring
achievement on month over month basis as well as tracking credit control
process.
- Monitoring cash flows and ensuring that funds are arranged in the most
cost effective manner after projecting accurate cash forecast ensuring
that there is no shortage of cash in hand.
- Preparing budget review quarterly, half yearly & checking the deviation &
detecting reason for deviation & suggest corrective measures to
management.
The Attainments
- Introduced factoring and forfaiting accounts and inventory in DacEasy.
- Successfully executed statutory audit of big corporations like Binny,
Best & Crompton, etc.
- Showed participation in system design and analysis for accounts, costing
and inventory.
- Prepared project reports / make or buy decisions, duty drawback and cost
escalation claims on customers.
- Dexterously conducted study on replacement marketing for earth moving
equipment and worked on Value analysis, Value Engineering,
standardisation and Cost reduction Committees.
- Demonstrated excellence in the preparation of project report for World
Bank in US.
- Accredited for successful maintenance of US GAAP and Indian GAAP
accounting for four divisions.
- Negotiated price with the customer for Santro, Accent, Elantra and Sonata
for the HMIL ancillary unit.
- Registered reduction in interest rate for term loan up to 4% resulting in
savings of Rs.2.5 crores.
- Re-negotiated the term loan for reduced rate by negotiating for WCDL at
around 8% & Forex loan at 5.5%.
- Reduced bank charges on Letter of Credit and Bill Discounting.
- Finalised simple short term rupee loan at 6.75% and 7.25%.
- Negotiated with Banks for Vendor Channel Financing.
- Re-stated the Indian accounts to US GAAP for Thyssen Krupp's NYSE
listing.
- Handled Excise, Sales Tax and Customs at various levels like appeals,
etc. including refund of Special valuation (3.0 crores), Savings on
Additional Excise Duty (2.26 crores) and Die Amortisation.
- Rendered assistance in statutory, internal, excise, preventive and CERA
audits.
- Attended case laws in excise up to the Appellate Tribunal Level and won
the cases. Knowledge of Sales tax, VAT and appealed against Entry tax in
Tamil Nadu and got stay.
- Conducted Board, Statutory, AGM and EGM for Pvt. Ltd. companies and
maintenance of minutes.
- Prepared and participated in agreements like Basic Purchase, Leave and
licence, supplier agreements Land lease agreements with SIPCOT and rental
agreements.
- Represented the company in Company Law Case in Managerial Remuneration to
DCA and Registrar of Companies and also on presentation of accounts.
- Prepared paper work for IEC and duty draw back applications including
customs and DRI issues.
- Valued the company and finalised with RBI the value on issue of shares to
foreign companies.
- Preparatory work for ISO 14001 (EMS) & maintenance of Legal Register.
Completed the certification formalities in 4 months and got certification
done.
- Introduced Kanban and Third Party Logistics (3PL) and minimised
inventory.
- Completed the paper work for FORD MS 9000.
- Restored parity within 45 days for supplies by importing and coordinated
with domestic suppliers when one supplier plant was gutted.
- Underwent training in the Finance Module of EPICOR - ERP.
Training Programs
- Underwent up to certification Six Sigma training with OMNEX.
- Training on Modern Secretarial Practice by ICSI, and training with the
Registrar of Companies and in the Secretarial practice in a listed
company.
Academic Credentials
1990 MBA (Accounting) from Glady's A. Kelce School of Business, Pittsburg,
KS, USA, Dean's Scholar & McPhearson Fellowship
1978 B.Sc. (Mathematics) from D.G. Vaishnav College, University of Madras
Professional Affiliations
- CA- Inter - 47th Rank: Member of the Institute of Chartered Accountants
of India.
Membership No. 23641; ICAI, New Delhi in May'84.
- Member of the Institute of ICSI, New Delhi, Aug'97, Company Secretaries
of India.
Membership No.12152.
Articleship Training
Jul'78-Dec'82 Fraser & Ross, Chennai
Research Papers
During MBA
- Forex Impact - US GAAP - translation and re-measurement gains and losses;
on consolidation of accounts; on modern audit techniques; on Chrysler's
failure and Government support; on Business and strategic analysis of a
Chemical industry; on Retail marketing in India; on Credit Rating
agencies and their functions; on Sexual harassment (legal); on Accounting
Standard for construction contracts.
IT Qualifications
- LAN, WAN, Lease Line, VSAT and VPN & ERP's.
Personal Minutiae
Date of Birth : 8th May, 1957
Languages Known : Tamil, Telugu and English
Address : 1, Mayor Sambandam Colony, Kodambakkam, Chennai -
600024.
Phone : 00-91-44-24729705.
CORE COMPETENCIES
Accounts
Financial Control
Commercial Operations
ERP Implementation
Auditing / Taxation
Company Secretarial Operations
MIS
Inventory Management
Client Relationship
Team Management