PRASAD R

) 897*-***-***

* ad2gow@r.postjobfree.com

CAREER SYNOPSIS: -

Accounts professional with a successful career track record of over 25 years of progressive experience brought in through a structural training in Core Finance & Accounting functions with the world leading brands like NIKE, ALCON, TESCO, IBM to name a few with diverse industries experiences, such as Service, FMCG, Software/Semi conductor, Pharma & Surgical trading and Retail.

PROFESSIONAL OBJECTIVE: -

To value add to the Business strategy where my knowledge and experience can be contributed while focusing on the key business results along with the ability to learn and Horne my skills in the gamut of Accounts and finance to contribute to the organization effectively.

SIGNIFICANT CONTRIBUTIONS: -

ASSISTANT MANAGER – ACCOUNTS & FINANCE.

Feb 2014 - Current.

IBM India Pvt. Ltd.,

Took over the process from a raw accounting and improved the process to a smooth workflow with all the attachments required for audit purposes adhering to the accounting policies.

Handling and reporting the core activities of Intercompany of General Ledger for third party Accounting, US headquarter, to integrate with all the other regions to ensure Smooth monthly activities and close.

Ensured all the regions have calculated their TP’s accurately and accounted them for Fund Flow.

Ensure and enhance accounting procedure to adhere to the laws and standardize the same across all the regions.

Complete testing for the new Sub ledger and the General Ledger activites on test environment of ERP for novice subsidiaries.

Reviewed Balance Sheet Reconciliations of the team for Sign off.

Analyze the Flux Reports prepared by the team before month end close, pass corrections if needed for sign off.

Do a monthly Deck with the milestones achieved and present it to the top management.

Support management in preparing the Audit preparedness of files for the various activities from Singing the Contract for Transition and Delivery Readiness, Delivery Issue Management, Control check points, Sample test Balance Sheet Reconciliations, Documents for understanding with Matrix of responsibilities, Head count Report, Separating of Duties to cover the SOX requirement where applicable along with Access Management, Maintaining Local Assets for process utilization, Records Retention, Work Scope changes and Work place security, Labor Claiming Accuracy and Intercompany Agreements called as Key Controls of Operations in general over the process in outsourcing environment.

TEAM LEAD –Accounts & Finance.

May 2011 – Oct 2013 (Two Years and Five Months).

TESCO Hindustan Services Centre Ltd.

Handling the core accounting for Central & Eastern European Counties for Fixed Assets & General Ledger.

Have handled the Knowledge Transfer for all the four countries and coordinated to prepare the Standard Operating Procedures for all the processes.

Achieved an improvement of processing foreign language Invoices in an efficient manner which led the process to grow to eighty percent accuracy.

Involved in interacting with the inter department for various requirements.

Prepared and analyzed the variances with Budgets for all the cost centers.

Prepared detailed analysis on Metrics improvement of Weekly and monthly with a detailed report of milestone achievements.

Travel to Czech Republic to bridge the knowledge gap on the process transitioned.

Raise and Account Invoices for Intercompany services & Goods for Sale

Handle Intercompany Payables and Receivables, with analysis on Aged Invoices and reconcile the balances and coordinate with AP department and Treasury department for clearing raising the payments.

Pass Month end Accruals, Quarterly provisions and reversals.

Prepare Schedules of Balance sheets.

BUSINESS ANALYST.

Jan 2008 to May 2011. (Three Years Five Months).

Alcon Laboratories India Pvt Ltd.,

Involved in Budget preparation, Variance. Analyzed financial performance to report on progress against targets in monthly management reports

Analyze the ASPs on items sold on sales proposals

Maintain and analyze monthly scorecards on monthly key performance indicators on monthly basis and helped top management to make informed business decisions

Manage Cash flow, Help prepare the GL narratives on the variances for current markets and other international markets.

Handle Statutory Income Tax and file monthly and quarterly returns with govt.

Reconcile the Intercompany payments and receipts monthly.

Analyze the ASPs on Special equipment deals.

Coordinate with all the Drug licensing authorities for necessary requirements.

Finalize the Balance sheet, integrate and manage smooth flow of Audit.

FINANCIAL ANALYST.

July 2007 to Jan 2008 (Less than a Year).

Cypress Semiconductors India Pvt Ltd.,

Prepare Revenue report weekly; analyze the fast-moving items of the different divisions.

Prepare weekly Inventory reports to analyze and control the aged inventory, slow moving items, and top devices which are getting aged.

Prepare and analyze Top customer report

Prepare, maintain, and analyze the ASPs of all the devices with historical records.

Involved in preparation of the BOQ’s, EOQ’s and AOP for all the divisions.

Prepare and analyze each line item in the P &L Matrix.

Pass months end close JV.’s to finalize the Books.

ACCOUNTS MANAGER

July 2005 – July 2007 (Two Years).

Oilily Sourcing B.V. India Liaison office.

Involved in the whole setup of the Liaison office, which includes correspondence with the RBI, ROC and all other statutory bodies.

Handle Statutory Income Tax and file monthly and quarterly returns with govt.

Involved and responsible for monitoring and handling cash and funds flow.

All the activities of Accounts and Finance which includes preparation and monitoring of budget numbers, Accounts, finalization and Audit, involving Dutch GAAP and Indian GAAP.

ACCOUNTS ASSITANT

June 2000- June 2005 (Five Years).

Nike Inc., India Liaison Office

Budgeting and forecasting all financial activity of the company including expenses, and balance sheet items and analyzed financial performance to report on progress against targets in monthly management reports.

Establish monthly business management scorecards on key performance indicators, quarterly business reviews and help top management make informed decisions.

Support the corporate finance function by analyzing and preparing financials, cash flow statements, and capital expenditure reports on a regular basis for home office in US, involving US GAAP and maintain a separate set of books for India GAAP.

Support the accounting department by preparing month end reporting, accruals, and reconciliations and in the implementation of new financial planning system and financial processes.

Provide specific recommendations to meet company objectives by performing trend analysis and variance analysis that helped to foster breakthrough financial performance

Deliver consistent and reliable financial analysis to senior management by implementing efficient procedures and building effective methodologies into the financial reporting system.

Handle Statutory Income Tax and file monthly and quarterly returns with govt.

Integrate and manage smooth flow of Audit, and RBI for all the necessary permission for day-to-day activities of the Liaison Office.

Ensuring SOX compliance on internal controls, this is integrated to Accounts and company specific.

ACCOUNTANT

August 1997 to May 2000 (Two Years and Ten Months).

Group 4 Securitas Guarding Services Pvt Ltd., -

Resolved client crises and gained long-term loyalty by exploring mishaps, troubleshooting, and providing needed customer service support.

Safeguarded client relationships by identifying critical client needs and communicating the business’ ability to deliver on those needs.

Supported critical executive management decisions by generating key executive reports.

Handle Statutory Income Tax and file monthly and quarterly returns with govt.

Optimized cash flow by assuring completeness and maximizing the sales and thereby maximizing collection.

EDUCATION & STRENGTHS

B.COM: Accounting/Commerce, UNIVERSITY OF BANGALORE.

Diploma in Advanced Computer Technology from NIIT & from SSIL

TECHNICAL SKILLS

JD Edwards: -Financial: Navision, An ERP Built for SME’s. Oracle 11i & 12r, Solomon (IV) built on SAP, Financial Modeling an ERP built on Oracle, Proficient in MS Office.

PERSONAL DOSSIER.

Add: - Purva Midtown Wing D 502, 5th Floor, Vijinapura, Kasturi Nagar, Bangalore 16.

Date of Birth: - 8th October 1974,

Father’s Name: - Ramamoorthy

Nationality: - Indian.

Passport No. J2395911, Valid Up To 28th September 2020.

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