Executive Profile
Strategic Finance Leader, offering 2 decades of successful career in
steering Financial & Accounts, HR & Legal function Unique blend of visionary leadership with expertise to lead strategic planning & operations, business modelling & re-structuring Wide exposure in setting up of the organization from scratch along with setting up and monitoring numerous departments such as Finance and Accounts, HR, Legal, Admin. and so on
Playing a significant role in formulating SOPs for ensuring uninterrupted operations
Expertise in identifying areas of strength & weaknesses in the financial function, driving controllership of taxation area and managing systems effectively to improve efficiency, increase cost saving, productivity & bottom line
Experienced in providing strategic advisory to top management team with respect to risk management, business expansions and start-ups, risk policies and procedures development & fund sourcing Rich exposure in setting up of the organizations under Software Technology Parks of India (STPI) Scheme and Special Economic Zone (SEZ) and ensuring strict compliance
Exhibited excellence in managing day-to-day finance & accounts related activities to delivering information and compliance timelines for legal entities across USA, Europe (UK, Germany, Netherlands and Hungary), ANZ, APAC and Middle East
Exhibited skills in understanding and improving the budget, forecasting annual operating plan processes and utilizing the opportunity to provide better analytics and drive performance management efforts
Resourceful in managing M&A activities globally and listed companies as well as Secretarial work
Resourceful at developing and implementing operational controls that improves P&L scenario and competitively position the firm Executive leadership with heavy concentrations of work in strategic planning, and architecting employee skills development programs that map and support the business objectives of the organization Knowledge Purview
Gained rich exposure in:
o Preparing monthly book close reports including the consolidated financial statements for decision-making process for Board members
o Conducting quarterly variance analysis for improved presentation
o Performing an in-depth Statutory Audit and Audit from Banks for USA, Europe (UK, Germany, Netherlands and Hungary), ANZ, APAC and Middle East
o Preparing monthly cash budgets and cash projections o Managing Foreign Currency Loans (PCFC) for Indian company against invoice discounting
Core Competencies
Soft Skills
Strategic Financial Planning & Control
Leadership & Controllership
Setting up of HR/Legal functions
Budgeting/Variance Analysis
Legal Compliances/Internal Control
Stakeholder Management
Cash Flow/Fund Management
Cross-functional Leadership
Team Building & Leadership
Empathy
Nurturing
Talent
Leadership
Result Oriented
Creative
Mind-set
Y.N. PRASAD
Top Management Professional
Enterprising leader & planner with a strong record of contributions in streamlining Support functions which include financial operations, HR and Legal for invigorating businesses, heightening growth, systems & procedures
Change
Agent
adihlq@r.postjobfree.com +91-990*******
Experience in Foreign Direct Investment (FDI) and Overseas Direct Investment (ODI) Versatile professional, who has overseen proper functioning of admin team along with ensuring that people welfare facilities were available at minimum cost
Steered efforts in design, development & execution of transfer pricing strategies; acted as a core part of the team for spearheading transfer pricing assessments
Due Diligence and Capital Transactions: successful in representing the organization for potential in-bound investments across diverse locations; functioned as a key member of business valuation exercise Provided support in acquiring strategic shareholding for numerous outbound investments, Tax and forex effective intra group capital transactions
Education & Credentials
Accounting Level Technician - CA (Intermediate) from Institute of Chartered Accountants of India, in 1997 Bachelor of Law from Osmania University, Hyderabad in 1997 B.Com. from Osmania University, Hyderabad in 1991
Career Timeline (Recent 4 Associations)
Jun’14-Jun’20 with Techwave Consulting India Private Limited as Vice – President (Finance) Key Result Areas:
Head of Accounts and Finance for offices located globally: developed and delivered FP&A strategies supporting the overall plans; managed book closing for all the entities, associated with Local Consultants on compliance related matters as well as to facilitate legal activities
Led efforts towards strategic initiatives such as setting up the company under SEZ scheme as well as augmenting the limits basis the expansion plans; ensured maximum leverage on concessions extended by Government in respect of Special Economic Zone companies
Functioned as a Legal Head; strategized plans for setting up the entire process from ground level along with building up a result-oriented team to manage the legal activities at global level as well as conducting a comprehensive review all the documents in association with clients and vendors Played a crucial role in governing the HR function; successfully set-up robust policies, procedures, payroll and compliances as well as ensured strict adherence
As part of M&A function, gained rich exposure in setting up various functions encompassing F&A, HR, Legal and Admin as well as delivering continual support post acquisition of the companies, globally Drove the planning process such annual budgeting & forecasting and expense targets Piloted the overall business process transformation for attaining enterprise objective and required growth with the deployment of planned strategies
Monitored and analyzed business-wise profitability on a monthly basis and recommended the areas of potential cost-savings along with financial cost benefit analysis and summary of key non-financial factors Strategized plans for risk management, delivered recommendations for realistic and achievable business plans for critical operating and financial parameters
Jul’05-
Nov’06
Professional Experience
Solix Technologies
Limited
Terabeam Proxim
Wireless Private
Limited
Greengold Animation
Private Limited
Techwave Consulting
India Private Limited
Nov’06-
Jun’12
Jul’12-
Jun’14
Jun’14-
Jun’20
Jul’12-Jun’14 with Greengold Animation Private Limited as Head of Accounts and Finance Leveraged skills in setting up the process of merchandise selling, franchise model selling units, licensing agreements with diverse brands on the Greengold copyright characters, agreements with distributors for film distribution across the country
Cross-functional coordination: Worked in close association with production, sales and franchise teams for ensuring seamless operations and work processes
Nov’06-Jun’12 with Terabeam Proxim Wireless Private Limited as Senior Manager – Finance and Accounts Extended support in establishment of the organization from scratch, compliances registrations as well as setting up of various departments
Steered efforts towards establishing an offshore accounting department for activities carried out at global scale including AR, AP, PO creation, processing expenses and reimbursement of employees Efficiently communicated & coordinated with the US parent company; generated & submitted monthly book close report in a timely manner
Admin, Legal, HR and Transfer Pricing for Indian company was part of the profile. Supervised a team of 4 members for taking up AR, AP and Sales Commission tasks for the parent company Jul’05-Nov’06 with Solix Technologies Limited as Senior Executive 1999-2005 with Saraf Satish & Co., Chartered Accounting (CA) Firm as Key Accounts Auditor 1997-1999 with Sheshachalam & Co., Chartered Accounting (CA) Firm as Accounts Auditor 1994-1996 with Balaji & Co., Chartered Accounting (CA) Firm as Accounts Auditor 1991-1994 with Venugopal & Chenoy, Chartered Accounting (CA) Firm as Article Assistant Personal Details
Date of Birth: 15th December 1971
Languages Known: English, Hindi and Telugu
Address: #Block – F, Flat # 505, Aparna Cyberzon, Nallagandla, Hyderabad – 500019 Articleship
Previous Experience