1. Prakash Padmanabhan
FINANCIAL PLANNING & ANALYSIS / SUPPLY CHAIN & LOGISTICS / LEGAL & REGULATORY COMPLIANCE
BUSINESS STRATEGY
Chartered Accountant and Master of Business Administration, B.Com, I.C.W.A (Final)
Knowledgeable leader with a proven record of financial expertise, administrative quality, and
achievement
CAREER OBJECTIVE
A challenging Financial Operations & Management position, where commitment to professionalism
would be of value and allows for continued professional growth commensurate with achievements.
PROFESSIONAL EXPERIENCE
A. Territory Senior Finance Manager Oct 2012 - Present
(One of the biggest Retail Company in the Middle East)
Notable Skills and Accomplishments
· Initiated various cost control strategies, resulting in savings of USD 200,000//
· Drafted and implemented SOP’s for Inventory Control – Reduced stock shrinkage to below 1%
· Maximized accuracy & investigated material variances & performed adhoc requests to further review
financial data.
· Ensured local government compliance, timely financial reporting by employing and applying sound
accounting procedures and controls.
Professional Experience
· Heading Finance, Commercial, Payroll, Audit and Supply Chain functions of the Company
· Analyze data and perform due diligence to support forecasting processes
· Establish key performance indicators based SWOT analysis.
· Address business & IT risks through value-added audits, fostering a control-oriented environment.
· Simulating Pricing models and strategic role in the fixation of prices.
· Year-end and monthly closings and sustained corporate internal controls.
· Budgeting for the Company’s future growth plans, along with a quarterly Rolling estimate.
B. ACCOUNTS AND FINANCIAL ANALYST – Europe and India July 2008 – Sep 2012
(European Private Equity Opportunity Fund), Dubai, India & Europe)
Notable Skills and Accomplishments
· Structured Tax friendly and High return financial models, attracting many European Private Equity
Investors.
· Generated improved cash flow through applying meticulous collection policies and closely observing
accounts payable.
Professional Experience
· Advice the management on the feasibility of the projects undertaken in various investment
Proposals.
· Control the overall accounting functions of various SPV’s incorporated for construction & execution
of the projects.
· Preparation of Corporate and Subsidiary budgets and highlighting areas for improvement and
variations from Budget, providing and implementing corrective actions.
· Supervision and Finalisation of Accounts and Internal / Statutory Audit of the Company accounts.
2. C. FINANCIAL CONTROLLER – WORLDWIDE 2004 - 2008
Scintilla Monaco DMCC (Jewellery - Manufacturing, Retail, Wholesale, Dubai, Monaco and Japan)
Notable Skills and Accomplishments
· Increased revenue sources and defined baseline foundation to eliminate income volatility and
improve overall financial foundation.
· Straightened out the financial aspect of the Company that had generated no financial information
since the formation of the Company in 2001.
· Business process re-engineering – Analysed Customer Buying cycle and kinds of customer and
adviced the change in the Jewellery Designing process to suit customer trends, tastes and seasons.
· Designed a Costing & MIS system.
Professional Experience
· Overseeing financial activities of Parent & Subsidiary companies and of the factories outsourced
· Preparation of monthly financial reports and financial projection models.
· Provided financial expertise and oversight to support operations and resolve challenges including
restricted fund management, forecasting, budgeting, and financial transactions.
· Directed maintenance and review of general ledger, fixed asset accounting, inventory costing and
analysis, maintenance of internal controls.
· Inventory control, Pricing strategies and Cost Control
D. MANAGER – ACCOUNTING & MANAGEMENT ACCOUNTING 2001 - 2004
Vodafone (Hutchison Essar South Limited) - Chennai
Recruited as a part of the initial Project Team, to set up a reporting and accounting system in South India,
across three locations.
Notable Skills and Accomplishments
· Project Financing - Arranged for a long term loan facility of USD.1,700,000//- (Coordinating with the
Corporate Office)
· Benchmarking studies with leading survey agencies and Due Diligence audits.
· Instituted new procedures that reduced bad debt from 8% to 2%
Good Performance resulted in the additional role of handling finance and Accounting functions
Professional Experience:
· Preparation of regular reports and presentations to Senior Management including budget
preparation, projection and review.
· Coordinated financial planning and budgeting and implemented internal control policies, guidelines,
and procedures for budget administration, cash and credit management, and accounting.
· Advised management on short- and long-term financial objectives and actions.
· Prepared financial statements and ad-hoc activity reports.
· Handled quarterly and annual closes, while troubleshooting various accounting and control issues.
E. ASSISTANT MANAGER – FINANCE, ACCOUNTS AND BUSINESS AUDIT 1998 - 2001
Aircel Cellular Pvt Ltd (RPG Cellular)
Notable Skills and Accomplishments
Savings of USD.330,000 through rationalization of regulations / definitions.
Formalised and re-engineered procedures to ensure Compliance with Complex government proposals
and regulations, resulting in a huge savings to the Company.
Skillfully negotiated bank line of credit increase while reducing covenants and shareholder personal
guarantees.
Organised work groups to maximize benefits.
3. Professional Experience:
· Monthly closing of accounts and financial reporting.
· Cash flow statements and forecasts.
· Coordinated in the processing of Payroll, Corporate Tax returns and Statutory Audits of the accounts.
· Receivables and Fixed Assets accounting.
· Business Audit and Revenue Assurance.
Personal Information
Date of Birth : 8th June, 1970.
Marital Status : Married with a 11 Year old Son. Wife, a Homemaker
Address for Communication : No. G-3, Plot No.8, Nithyam Flats
Syrian Church Street, Spartan Nagar, Mogappair West Extn,
Chennai - 600 037. India.
Nationality : Indian
Work Experience : 16 years
Contact Information : Handheld – + 961 71 801561
Handheld - + 91 97899 89516
E-mail: prakash80670@yahoo.com