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Sales Power Plant

Location:
Mysore, KA, India
Posted:
September 09, 2014

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Resume:

S.Ramakrishna

E Mail: *********@*****.*** Contact: +91-937*******, 0821+2480259

Assignments in Strategic Planning/ Finance & Accounts/ Financial Planning/ Operations Management with

organisations of repute.

Director, Finance & Admin, Infinite Techno Engineering Projects Pvt. Ltd.

A qualified Cost & Management Accountant with 30 years of extensive experience in Strategic Planning, Finance &

Accounts, Auditing & Taxation, Financial Control & Operations Management.

Adept at analysing the financial viability of new ventures/ new projects and forecast the amount of project finance/ funds

required.

Experience in conceptualising and implementing financial procedures, including working capital management, internal

financial controls, and costing.

Proficient in handling all financial operations as well as trust & government audits & tax functions and preparing reports

thereon.

Well versed with modern accounting systems & procedures and provisions of Companies Act, Income Tax Act and other

statutory laws.

Deft in conceptualizing and implementing financial procedures and actively involved in the maintenance & finalization of

accounts.

An effective leader with excellent communication, analytical, team building and relationship management skills.

A go getter in Project Implementation, liaising with Statutory authorities, system building etc.

Organisational Experience

Feb’ 2012 onwards with Infinite Techno Engineering Projects Pvt. Ltd., Mysore as a Promoter Director

(The concern is an up coming Capital goods manufacturing / EPC facility to cater to special purpose machines and min/micro

and small hydel power plants.)

Responsible for Finance planning, arranging the term loan and working capital loan, liaising with Registrar of Companies,

Department of Industries & Commerce, Pollution Control Board, Karnataka Udyog Mitra, Department of Commercial Taxes,

Statutory Audit, setting up Accounting procedures, Purchase policy, Sales Policy, HR Policy, Strategic Planning, Purchase

negotiations of high value Plant & Machinery etc.

Dec’05 to Dec’ 2011 with Pragati Steel Udyog Pvt. Ltd as Director

(The concern is an intermediary Steel Plant near Hospet, Bellary Dist., in Karnataka)

Responsible for Finance planning, arranging the term loan and working capital loan, liaising with Registrar of Companies,

Statutory Audit, setting up Accounting procedures, Purchase policy, Sales Policy, HR Policy, Strategic Planning, Purchase

negotiations of high value Plant & Machinery etc including execution of the project and operations of the plant.

Dec’03 – Nov’05 with S.V.Chetty Iron Ore Mines, Hospet as Executive Director

Responsible for setting up procedures for Accounting, Purchase, MIS, Budgets, clearances from Forest Department,

Pollution Control Department and Department of Mines and Geology at Centre and State levels, tax planning, Investment

planning, Finalization of Accounts etc.

May’02 – Nov’03 with Boving Fouress Ltd Bangalore as Chief, Finance

(The concern is a mini & micro hydel power plant manufacturing unit with M/S GE as one of the stake holders and technical

collaborators.)

Responsible for Finance and Accounts function, MIS, Costing Reports, taking part in Long Range Planning, Budgeting,

Bank liaison etc.

Apr’97 – Apr’02 with Ashok Iron Works Ltd., Belgaum as Senior Manager, Commercial

(The concern is a group of Foundries & Machine Shops manufacturing Engine Blocks and Heads for M/S

Cummins India Ltd., Mahnidra & Mahindra, TAFE etc.)

Areas of exposure include overseeing the Finance and Accounts department, Purchase Department, Stores Department

functions of one large Foundry Plant and three small machines shops.

Contributions include reduction in cost of procurement by about 6%, reduction of Inventory by about 40% without affecting

the production, savings in Bank charges by about Rs 2 lacs per month. Has involved in developing new additives in house

and contributed to huge savings.

May’ 86 – Apr’97 – with Bharat Heavy Electricals Limited, as Deputy Manager/Finance (a World Class profit making

Navarathna company engaged in manufacture of Hydel, Thermal and Gas Based Power Projects, Oil rigs, Switch Gears, Bowl

Mills, Ball Mills, Battery Operated Vehicles, setting up automation process in various industries etc.)

Areas of exposure include Costing, Internal Audit, Budgeting, Final Accounts, MIS, Sales and Purchase Accounting etc.

Won appreciation from top management for my special review on bank operations covering all the units of BHEL, saved

considerable money to the company by entering into timely forward contracts. Won several suggestion awards.

Nov’83 – May’86 with National Mineral Development Corporations Ltd as Junior Officer, Accounts

A fully mechanized Iron ore Mining plant and Central Government concern.

areas of exposure include accounting stores, preparation of Cost Reports, Final Accounts, MIS and Budgets.

Key Result Areas:

Strategic Planning

Heading finance functions involving determining financial objectives, designing & implementing systems, policies &

procedures to facilitate internal financial control.

Instituting internal control systems viz. Receivables, Payables, Inventory as well as keeping a constant vigil over overhead

expenses.

Finance & Accounts

Presenting a true & fair view of the financial position of the company by preparing financial statements viz, P&L Account,

Balance Sheet, Purchase & Sales Books and annual reports.

Conceptualizing, implementing and supervising general ledger and financial reporting processes and on time compliance of

accounting standards.

Establishing documented systems, policies, desk manuals and procedures in finance and accounts, establishment and

implementation of accounting controls.

Auditing & Taxation

Maintaining all necessary documents required during audits; conducting Statutory, Concurrent, Internal Audits.

Analysing and streamlining existing systems and procedures; reporting important irregularities for follow up action and

rectification.

Evaluating internal control systems/procedures, preparing audit reports with a view to highlight the shortcomings and

providing necessary recommendations.

Coordinating with Tax Authorities for conducting audits for ensuring compliance accordingly;

Preparing & filing tax returns of Individuals, firms, and companies.

Financial Control

Implementing financial results forecasting system for providing accurate future results projections and budgeting system

ensuring timely compilation and presentation of Budgets.

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.

Operations Management

Supervising mining operations, liaisioning with Department of Mines and Geology, Ministry of

Environment and Forests etc.

Handling Finance and Accounts, Purchase and stores & general administration of one large Foundry, one up coming

machine shop and one existing machining unit.

Maintaining accounts, handling bank operations, Purchase negotiations, MIS, Costing and Budgeting.

Commenced Career: Nov’83 with National Mineral Development Corporation Ltd., pre ICWA final and May’86 with

Bharat Heavy Electricals Ltd. as Executive Trainee/ Finance

IT Skills: Working knowledge of MS Office like Word, Excel, Foxpro 2.6 & Tally.

IT Skills

Education

ICWA (Institute of Cost and Works Accountants of India) in 1985 –Associate member of the Institute (AICWAI), now called

ACMA.

B.Com from Bangalore University in 1979.

Strengths

After putting in 30 years of rich experience in various commercial areas in Organizations of repute both in Public

and Private Sectors, gained a thorough confidence in the areas such as Finance & Accounts, Internal Audit, Project

Appraisal, Purchase negotiations, setting up and regular review of systems for Sales, Purchase, Human Resources

etc. Capable of handling Project Finance, Monitoring the progress of up coming Projects and procurement of right

Machinery at the optimum cost.

Remuneration

Present : CTC INR 12 lacs p.a

Expected : CTC INR 24 lacs p.a (negotiable depending on location)

Personal Details

Address : Residence Flat B 403, Tapovan Apartments, 28/A, Industrial Suburb 3 Phase,

rd

Vishveshwara nagar, Mysore:570 008

Date of Birth : 5 June, 1959, Age: 55years

th

Location Preference: Mysore



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