RAMANA MANAPRAGADA Communication Address
Mobile: 91-984******* & 91-986******* Flat 101, I Floor, Golden Oak Apartments, adg6oj@r.postjobfree.com Defence Colony, Sainikpuri, Hyderabad. http://in.linkedin.com/pub/ramana-manapragada/15/422/512/ Telangana - 500094 Synopsis
Finance Leader with a proven experience in providing necessary business support through Strategic decision making, timely Funding and Continuous improvement of Processes, Controls & Systems Dynamic and qualified Financial Professional with more than two decades of experience in reputed Indian Corporates, MNC Manufacturing companies, Consulting firms and International assignments Chartered and Management Accountant with strong leadership qualities combined with excellent communication skills, keenness for continuous improvements and zeal for new learning’s Areas of Expertise
Professional Expertise
BCC
Business Connect Consulting LLP
ACCOUNTING- CONSULTING-
TECHNOLOGY
Business Growth Support
Operational Excellence
Cost Reduction
Effective Improvements in
Procurement Function
Managing Partner
Director in a Management Consulting firm which provide CFO services to MSME sector
Chief Financial Officer
Management Consultant
RenewSys India Private Limited – Hyderabad
3 times Business growth: Support through
- Capital structuring
- Working Capital funding
- ECB loans from Parent
- CAPEX Evaluations and monitoring
Achievement of INR 50M Cost savings in Operational improvements through lean projects
Reduction in Overheads by 1,5% of sales through strict implementation of Budgetary control and exceptional variance analysis reports
Improvements in Procurement function through:
Apr
2020
Feb
2017
Sep
2018
-
Aug
2018
Mar
2020
Board Level Support
Strategic Planning
• Financial Performance Reviews
Cashflows
• Funding Options for Business
growth Plans
Enterprise Risk Management
• Due Diligence & Valuations
Statutory Compliances
• Legal & Secretarial
New Projects assessment
• IT & Systems
CSR Initiatives
Operational Support
Business Plans
• Balance Score Card
Operational KPI’s
• Budgetary Control
Six Sigma / Lean Projects
• Working Capital
Management
Commercial Support
• Sales functional Support
HR & Administration
• ERP Implementation
Business operational
reviews
Assurance & Reporting
Accounts Finalizations
(IFRS, USGAAP, IND-AS)
• Audit Finalization with Big
4
FP&A and Decision
Support analysis
• Management Dash boards
Tax optimization (Direct &
Indirect)
• Costing (Product, Process
& Project)
Setting up of Captive
Shared Services
RAMANA MANAPRAGADA Communication Address
Mobile: 91-984******* & 91-986******* Flat 101, I Floor, Golden Oak Apartments, adg6oj@r.postjobfree.com Defence Colony, Sainikpuri, Hyderabad. http://in.linkedin.com/pub/ramana-manapragada/15/422/512/ Telangana - 500094 Effective Improvements in
Procurement Function
(Cont’d)
Team Management
Working Capital
Management
- development of Standard terms and conditions for suppliers and subcontractors
- Improving the credit terms (60 days to 90 days) with the suppliers
- Converting the Payment terms from Non fund-based Bank limits to open credit terms for critical supplies
- Shifting from dealers to manufacturers for all critical spares
Handled a team Size of 25 with 6 Professional direct reportees and ensured retention of key people through knowledge sharing sessions and fair appraisal system
Effective working Capital management through
- Rolling cash flows
- Inter departmental coordination meetings
Streamlining Financials
through Controls
Supervision of Multiple
Functions
Built in Controls through
Systems
Profit Margin
Improvements through
SAP Controls
Profit Margins Protection
though Project (CTC)
Reviews
CFO
M+W India High tech Projects – Hyderabad
Successful completion of KPMG audit which was
pending for completion for more than a year due to Financial irregularities.
Successful handling of the Forensic audit by E&Y
Handled the other critical functions like
- Commercial
- Legal and contracts
- Procurement
- Administration
- Stores
Centralization of
- Procurement
- Accounting
- Commercial functions
and built in the robust controls in these critical functions
Protecting the project margins improvements in SAP through
- Budgetary controls (Strengthen of Procurement to Pay)
- Sales and Distribution (Order to cash)
- Functional cost analysis (Overheads control)
- Standardization of Project cost monitoring through structured reports
- Strengthened the commercial function through
periodical cost reviews with the Project managers for protecting the margins
Nov
2013
Nov
2015
Vice President –Finance
ALFARA’A Group – Al Ain, UAE
Board level presentations for
May
2011
Mar
2013
RAMANA MANAPRAGADA Communication Address
Mobile: 91-984******* & 91-986******* Flat 101, I Floor, Golden Oak Apartments, adg6oj@r.postjobfree.com Defence Colony, Sainikpuri, Hyderabad. http://in.linkedin.com/pub/ramana-manapragada/15/422/512/ Telangana - 500094 Board Level presentations
Effective Implementation
of Financial Concepts
- Due diligence for new acquisitions
- Continue / Close down analysis for business divisions
- Labor productivity improvement through labor rate analysis
- Pricing strategy
- Strategic plans & Business Plans
- Business Performance reviews along with Business heads
- Margin analysis for Internal and external customers
Separation of Manufacturing Plants profitability from the construction Projects through Re-classification of Overheads between Business Segments resulted in
Proper pricing for Projects and Products.
Business growth -funding
SAP Implementation
Shared Service Center
(SSC) Implementation
Operational Cost
Optimization
Cost Reduction
Due Diligence &
Valuations
Tax Optimization
SOP & User Manuals
Assistant Vice President
Kirby Building systems India Limited Hyderabad
- Arrangement of Working capital limits for INR 7000 Million.
- Term loans for Capacity expansion Projects,
Greenfield projects & major CAPEX projects- INR 5000 Million
Successful Implementation of SAP (FICO) as a
Functional lead for 4 manufacturing units in India & International locations
Successful Implementation of Captive Shared Services
(SSC) for India and Overseas location
Achievement of INR 30 Mn savings through
- Scrap reduction usage
- Reduction in production consumables
- Working capital cycle reduction
- Overhead control through Functional cost
analysis
Reduction in LC /BG Charges– Resulted savings INR 20 Million per annum
Handled Due diligence exercise for the acquisition of a Plant in Vietnam and also the Firm Valuations
Indirect taxation optimization with the help of external consultants involving Excise, Sales, Service tax, Works contract tax for optimum plant loading among the
plants resulted in better operating margins
Preparation of Standard Operating Procedure
manuals, Concept & User manuals during the ERP
implementations
Aug
2004
Apr
2011
RAMANA MANAPRAGADA Communication Address
Mobile: 91-984******* & 91-986******* Flat 101, I Floor, Golden Oak Apartments, adg6oj@r.postjobfree.com Defence Colony, Sainikpuri, Hyderabad. http://in.linkedin.com/pub/ramana-manapragada/15/422/512/ Telangana - 500094 Debt-Restructure
Policy & Procedure
Manuals
Finance Manager
Saint-Gobain Vetrotex India Ltd – Hyderabad
Debt restructuring resulted in interest reduction on term loans by 2%. Channel Financing resulted in better receivables management
Development of Policy & Procedural manuals for
special audit from Parent company
May
2002
May
2004
`
Plant Finance Controller (SDM)
Gulf Oil Corporation Limited, Hyderabad
Development of Product Costing of Detonators
Implementation of BaaN (ERP) for Finance
Dec
1999
May
2002
SAP Functional Consultant
Aventis Corp – Mumbai
As a Functional consultant, handled BPR Studies, GAP analysis, SAP implementation and support for group companies - Hoechst, Agroevo, & Chiron Behring
vaccines Limited
Jan
1998
Nov
1999
Factory Accounts Head (AO)
ITC – Hyderabad
• Developed Product costing for a Specialty Paper
Division
Aug
1995
Jan
1998
Corporate MIS officer (AA0)
GEC Alsthom (AREVA) – Chennai
• Successful development of MIS Package for the
different business segments
Oct
1993
Jul
1995
Affiliations
Chartered Accountant (CA)
Associate Member (ACA) of Institute of Chartered Accountants of India (ICAI) since 1992 Cost & Management Accountant (CMA)
Associate Member (ACMA) of Institute of Cost & Management Accountants of India since 1994 Personal Information
• Age: 54 years (12-06-1966)
• Marital Status: Married
• Children: 2 (Aged 23 and 20 years old)
Other Family members Particulars
Wife: Lecturer in Zoology
Brother: Doctor in US