1. Prashant Shah
Senior Consultant
KPMG India
Qualifications and
professional
memberships
Bachelor of
Commerce from
S.P.B. College of
Commerce,Surat.
Chartered
Accountant from
the Institute of
Chartered
Accountants of
India.
Company Secretary
from the
Institute of
Company
Secretaries of
India.
Total years of
experience: 4 years 8
Months.
Summary Profile
I have recently joined KPMG India as a senior consultant SAP FICO module. I have
4 years and 8 months of professional work experience in SAP FICO module of retail
segment with Reliance Industries Limited.
My key strengths are in the areas of FI Accounts payable, FI Accounts receivable
and FI General ledgers of FI sub modules. I also hold good understanding of various
business processes and work flow in SAP FICO module. I posses strong domain
knowledge in areas of Accounting, Taxation, Finance and Costing. My academic
achievements include 24th
rank at all India level in Chartered Accountancy entrance
exam and 1st
rank at Surat level in Company Secretaries Intermediate exam.
I have 4 years of articleship experience with SNK & Co. (Surat) and Prakash Shah &
Associates (Mumbai). During my articleship training I gained detailed exposure in
areas of Audit and Taxation.
My recent experiences cover, but are not limited to the following:
n Handling of various configuration activities in SAP FICO module such as ;
o Configuration of Company codes, Segments, FI MM automatic posting
and FI SD automatic posting.
o Configuration of condition based Tax determination, Tax procedure
and Tax condition types.
o Configuration for automatic payment programmes, House bank and
mapping of General ledger related to House bank.
o Configuration for document splitting, Valuation class and creation of
business area and mapping with sites and divisions.
o Creation of FI Validation and substitution in the system.
o Configuration pertaining to excise module and extended withholding
tax module.
n Projects Executed
o Testing of condition based tax rate determination for Retail business
for proposed implementation of GST tax regime.
o Implementation of scheduled rates, reports and calculation for LBT tax
laws.
o Implementation of changes in tax procedure for tobacco business to
incorporate quantity based tax calculations.
o Implementation of programme for triggering auto mail to vendors in
case of defective invoices submitted by vendors.
o Enhancement in service tax modules to incorporate changes in
service tax laws relating to availment of service tax credit.
o Implementation of trade in process functionality for digital business.
o Development and implementation of programme for MAP updation of
value format and digital business.
o Implementation of YEXP functionality for non PO IV processing.
o Implementation of functionality for Invoice verification consisting of
PO based and non PO based VAT & Service tax checklist.
o Automation of process for write back of vendor liabilities which include
cases where after supplying goods vendor fails to provide Invoices.
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2. o Implementation of Head office-Branch office functionality for Digital
business.
o Enhancement in TDS module for dispatching vendor TDS certificates
through email.
o Testing of service tax module for reverse charge mechanism and
creation of service tax code masters in retail server.
o Testing pertaining to Upgradation of retail server from EHP2 to EHP5
and from EHP5 to EHP6 version and CAPEX server from 4.6B to
ECC6 phase I-II-III-IV.
n Having process knowledge of following SAP FI sub modules.
o General ledger accounting
o Accounts receivable
o Accounts payable
o Assets accounting
o Bank accounting
n Having process knowledge of following SAP CO sub modules.
o Cost element accounting
o Cost centre accounting
o Profit centre accounting
n Hobbies include watching news channels, listening to music, playing different
sports. Crazy for Gym and avid fitness follower.
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