Executive Profile

Strategic Leader offering ** years of diversified experience in steering

financial operations & due diligence across various industries. Proven excellence in setting up financial processes, driving accounting discipline across diverse business set-ups and geographies. Played a key role in establishing robust Internal Control mechanisms, Operational Reporting Metrics and Budgeting Systems. Expertise in executing cost saving techniques to achieve substantial reduction in expenditures and work within the budget. Efficient and timely Management Reporting for Senior Management review and assisting in critical decision-making.

Proficient in reviewing financial and non-financial reports and enhancing all financial procedures and internal controls, variance management and automating financial information systems Successfully defined KPIs & metrics for the team, created Lean Teams, and ensured achievement of the goals.

Outstanding communication & leadership skills that have been put to excellent use in resolving problems as well as promoting a positive work environment.

Education & Credentials

M.B.A. (Finance & Economics) from Bharathiar University, Coimbatore in 1998

C.A. (Fellowship Chartered Accountant) from The Institute of Chartered Accountants of India in 1997

B.Com. (Commerce & Accounts) from University of Madras in 1992 Notable Accomplishments Across The Career

Developed a Minibot in Excel that resulted in process efficiency of 80% as well as productivity efficiency of about 35% Streamlined the accounting function and part of the ERP implementation team

Played a key role in taking cost saving initiatives for the organization Brought a transformation in the Finance and Accounting Operations of the company globally

Automation of the AP Process using Automation tools with an end to end electronic process workflow.

Recognized for bringing about a client value creation of USD. 500K through process changes

Core Competencies

Soft Skills

Prakash Padmanabhan

Top Management Professional Finance Controller

LinkedIn ID: linkedin.com/in/prakash80670

Enterprising leader & planner with a strong record of contributions in streamlining financial operations, invigorating businesses, heightening growth, systems & procedures, seeking to express potential as a Senior Finance Professional Visionary

Pro-active

Leadership

Result Oriented

Analytical

adhacf@r.postjobfree.com

+91-978*******

Negotiator

Financial Accounting-USGAAP, IAS

Financial Planning & Analysis, Budgeting

Stakeholder management

Financial Transformation Initiatives

Legal & Regulatory Compliance

Board Level Reporting/Decision-Making

Business Value Creation

Process Excellence / Internal Auditing

Team Building & Leadership

Transition and Change Management

SOP Creation & Implementation

Career Timeline (Recent 4 Organizations)

Sep’19 to June'20– with Firstsource Solutions Ltd, as VP-Finance – Shared Services Centre, Chennai Key Result Areas:

Headed the Accounting Share services center for the Company, based out of Chennai Brought in improvisation in Payment and Balance sheet controls. MIS reports and Variance Analysis

Utilized systems, commercial and financial acumen to identify areas of improvement within the business. Key role in the finalization of the Corporate Budget Brought in Cross Training coupled with skill development by identifying the required functional expertise required for the staff.

Significant Accomplishments:

Conducted in-depth study of accounting processes and re-engineered them to ensure quality and timeliness in reporting the financials.

Completed the Invoice upload process automation with an e2e AP process automation Identified loopholes in payment process and implemented controls for an efficient management of the process. Oct’18 – Mar’19 with Majid Al Futtaim, as Financial Systems Manager (Short-term project assignment) Key Result Areas:

Hands-on Finance Transformation Specialist. Standardized the reconciliation process and collection management. Monitored overall functioning of processes, identified improvement areas and implemented adequate measures to maximize customer satisfaction level

Utilized systems, commercial and financial acumen to identify areas of improvement within the business Determined training needs of employees and conducted need-based training programs to enhance their operational efficiency leading to increased productivity across the process Jun’16 – Oct’18 with Accenture India Pvt. Ltd., Chennai, India as Senior Manager: Delivery & Operations Global Process owner for PTP / RTR for a client in the Hardware industry and the Delivery Lead for a client in the Utilities industry

Handled the books closure, ensuring the RTR and PTP processes were well integrated and coordinated Steered the transition of end-to-end operational processes, challenging existing processes / controls and a change request with the stakeholders for improvising on process controls Special focus was on timely books closure, liaisoning with the Statutory auditors, meeting SLA deadlines, and ensuring Compliance on the standard practices.

Consolidated financial information and managed the month-end closing activities for all group companies operated under the parent company

Drove Automation, upsell and client value creation Standardized reporting requirements for the preparation of the Group’s financials Directed process automation leading to reduction in cycle time & enhanced productivity Significant Accomplishments:

Implemented various internal process controls

Created an “Idea Box” for process improvisations and automation Pivotal in improving the SLAs on collection process, resulting in reduction of debts Implemented robust payment control mechanisms for the client across India, Manila, Poland & China Oct’12 –

Feb’16

Organizational Experience

Landmark Retail

Group, as Deputy

General Manager:

Finance

Accenture India Pvt.

Ltd. as Senior Manager:

Delivery & Operations

Majid Al Futtaim as

Financial Systems Manager

– Temporary assignment

Firstsource solutions Ltd, as

VP-Finance

Jun’16 –

Oct’18

Oct’18 –

Mar’19

Sep’19 –

June’20

Oct’12 – Feb’16 with Landmark Retail Group, Beirut, Lebanon as Deputy General Manager: Finance Significant Accomplishments:

Steered the implementation of COGNOS tool for budgeting and analytics Consolidated financials of Retail stores in Lebanon (22 stores) Recognized for reducing the books closure process by 3 days without compromising on the accounting hygiene Implemented SOPs for Inventory Control, resulting in a reduction of stock shrinkage from 2.5% to <1% Brought 30% reduction in vendor costs by re-negotiating pricing & fees, while ensuring the continuation / enhancement of services where overall savings were in excess of $400,000 Overseeing the Budgeting and planning activity, and collating department budgets for finalization of the Company’s functional budget

Drove accounting hygiene and statutory compliance (VAT and Payroll Taxes), directed discussions with Statutory

& Internal Auditors in presenting the audited financial statements Pivotal in implementing SOPs for process improvements and sustaining internal controls Worked closely with a third party for setting up a Shared service process, covering RTR, PTP and OTC Directed process improvements for warehouse operations and fleet management Entrepreneurial Experience

Nov’10 – Sep’12 with The Force' & Partner -'Pentagon Business Solutions Significant Accomplishments:

Worked for key clients - Tata DoCoMo, Bharti Airtel & Aircel Cellular – Tele sales and Collection services offered across the client base.

Customer management solutions

Prepared ROI statements for investors in the Real Estate industry Previous Experience

(Same Group Company)

Jul’08 – Oct’10 Innovative Investments, Chennai, India as Accounts & Financial Analyst Oct’04 – Jun’10 with Scintilla Monaco, DMCC, Dubai, UAE as Finance Controller Significant Accomplishments:

Pivotal in structuring tax friendly and high return financial models, that attracted many European Private Equity Investors

Gained recognition for analyzing customer purchase behavior and introducing structured customer profiling to tailor business offerings and change product design process Introduced inventory control, pricing strategies and cost control Nov’01 – Oct’04 with Hutchison Essar (Now Vodafone), Chennai, India as Manager: Accounting & MIS Significant Accomplishment:

Played a key role in transitioning legacy accounting system to Oracle 11 Mar’99 – Oct’01 with RPG Cellular, Chennai, India as Assistant Manager: Accounts and Business Audit Significant Accomplishments:

Recognized for saving INR 1.5 Crores through rationalization of regulations / definitions Instituted new procedures that reduced bad debt from 8% to 2% Pivotal in reducing the books closure process by 3 days without compromising on the accounting hygiene Re-negotiated an increase in Bank LOC while reducing covenants and personal guarantees from shareholders IT Skills

SAP, Oracle, TALLY, MS Office

Personal Details

Date of Birth: 8th June 1970

Languages Known: English, Hindi, Tamil

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