This document provides a summary of Prashantha Kumar Karanam's professional experience and qualifications. It includes details of his current role as a Team Lead at Accenture Services, with responsibilities including indirect tax accounting, intercompany accounting, and cash management processes. It also outlines his previous 7 years of experience in general ledger and finance domains at Genpact, as well as his educational background of an M.Com and B.Com from Osmania University.

1. PRASHANTHA KUMAR KARANAM
Contact: + 91 8884882344/9912357551 Email: prashanth_526@yahoo.co.in
Profile Summary:
 Seeking a challenging role as a Manager to utilize my accounting skills to best of my ability
 Handled 4 Transitions successfully
 7 Years of BPO experience in General Ledger (GL)-Finance domain
 10 Years Overall experience in Accounting/Finance and audit field
 A quick learner and effective People manager
Education Summary:
 M.Com from Osmania University
 B.Com (Computers) from Osmania University
Accenture Services (Pvt.) LTD – Team Lead– Finance & Accounts (January, 2013 – till date)
Work Profile:
 Responsible for Indirect Tax Accounting – Canada
 Preparation & finalization of GST/HST files
 Preparation & finalization of PST files
 Preparation & finalization of NRT files
 Preparation & finalization of NRT files
 Responsible for Intercompany Accounting
 Responsible for Cash management Process
 Funding advise sent to treasury department on daily basis
 Forecast of Funds for the specified week and Month
 Updating forecasted numbers in the Treasury Portal
 Reporting on foreign currency transactions to Central Bank
 Reconciliation of flow of other than local currency
 Responsible for Cash and Bank Process
 Upload of Bank statements electronically and manually into the Financial application
 Bank Reconciliation on daily & monthly basis
 Allocation of Bank Guarantee Charges
 Reconciliation of Sweeps accounts
 Reconciliation of Intercompany financial transactions accounts
 Reconciliation of Suspense/clearing accounts
 Liaison with Sub-ledger teams to clear open items
 Submission of Reconciliations in the recon tool
PROFESSIONAL EXPERIENCE

2. Achievements:
 Stabilized 4 new process successfully after completion of Transitions
 Awarded as key performer for the first quarter close with Numero (Summit) award
 Recognized 6 times in a year for contribution to the month closes and handled team when TL absent
 As a Key team member, selected for transition for Cashmanagement process
 Prepared Desktop procedures for activities trained and assigned
GENPACT – Process Developer– Finance & Accounts (August ’10 – till date)
Work Profile:
 Responsible for General ledger operations:
 Bank Reconciliation
 Closing of financial books as per part Month End activity
 Monitoring with Sub ledger teams
 Bank Reconciliation
 Cash Management
 Traditional method
 Reconciliation of Balance Sheet accounts:
 Reconciliation of GL Accounts (Balance sheet accounts) classified as High, Medium, Low and Tax and
submitting as per TAT.
 Indicating the reconciling (Open) items during reconciliation
 Pulling the reconciling items and comments report for booking correction entries to clear reconciling
items
 Review of Balance sheet and P&L account before month end and passing adjustment entries.
 Additional Responsibilities:
 Initiating Journal Entries during Month End for closing books divided into prior to close, Day1 and
Day2.
 Ensure accurate and timely monthly and year end close.
 Ensure all financial reporting deadlines are met and accounts are setup and maintained to a high standard.
 Assisting the team in meeting deadlines.
 Making International calls to the respective Hotel controller for seeking additional information and
clarification.
 Setting up Pre close and Post close calls to discuss about Month end close calendar and resolve issues
faced during the month.
 Generating various Financial Statements from Oracle for checking accuracy of the Accounts.
 Facilitating class room trainings to New Joiners.
 Fintech Set of books:
In the state of Texas, a separate set of books are maintained for Beverage transactions. In such cases following
activities need to be performed.
 Replication of cost to Beverage books to main set of books
 Replication of revenue from Main set of books to Beverage set of books
 Moving of revenue and cost to Control account

3.  Booking the entry for payment made to Vendors
 Close the Fintech Books and maintained as part of Main books of accounts
Achievements:
 Awarded Four times in 26 months (Key Contributor, Far and Beyond & Best Debutant) for outperforming in
terms of low rejection rate and timely closure during month end.
 Customer appreciation for doing better closure and for resolving issues and Bank Reconciliations
 Certified for being contribute Lean Idea on Ixxelerate drive resulted in the reduction of considerable amount
of time
 Trained on various courses provided by the company
Experience History:
HLFPPT: Worked as a District Accountant for Project of National Aids Control Society (NACO)
Job Responsibilities:
 Worked as a District Accountant Under the Project of National Aids Control Society (NACO) from
Mar, 2009 to March, 2010 under the Supervision of District Collector and Addl. District Leprosy Officer
(Addl.DLO)
 Preparation of Financial report to District Collector every month as part of review meeting and
submission of next month action plan
 Preparation Budgets Guidelines as part of Annual Action Plan for the District
 Working on ERP called Tally as part of District and online updating for NACO and Manual Set of Books
 Funds Distribution to the all Stake holders working for the HIV/AIDS Program in the District like
NGO’s, District Hospital and etc
 Stock Maintenance and distributions in the district
 Maintenance of Govt. file system like note file, current file preparation
 Audited Books accounts of NGO’s working in the District and District Hospitals
Achievements:
 “Awarded as Best District Accountant from Financial Director of APSACS”
 Supervised the un liquidated state funds as part of NACO programs from various stake holders under the
special drives
 Specially recognized to train an accountant on Accounting and Budgetary control in the state
WORKED AS A ASSITANT ACCOUNTANT AND AUDITOR FOR GANESH PRASAD CHARTERED
ACCOUNTANTS from Feb 2005 to May’08
Job Profile:
 Supporting in the preparation of Audit report
 Supporting the Senior auditor in the Maintenance and finalization of books of accounts for various clients
 Qualitative experience in Company, Bank and filing of Income Tax returns etc
 Attended Internal, Interim, Inventory and Revenue audits
 MIS Reporting on the Office Maintenance
Skills and Strengths:
 “Good at working on ERP Applications such as Oracle and Tally”
 “Comprehensive problem solving abilities, Ability to deal with people diplomatically, willingness to learn,

4. Team facilitator”
 “ Like to take new challenges and can adapt to changing environment in terms of new technology, new team,
New work processes and new responsibilities”
Personal Info:
Name : Prashantha Kumar Karanam
Father’s Name : K. Nageswar Rao
Date of Birth : 26-05-1984.
Gender : Male
Marital Status : Un-Married
Nationality : Indian
Hobbies : Playing Caroms and cricket
Languages Known : English, Hindi, Telugu and Kannada
Declaration
I hereby declare that the above written particulars are true to the best of my knowledge and belief.
Date :
Place: (K.PRASHANTHA KUMAR)