A seasoned chartered accountant and Certified IFRS professional. More than 14 years of experience in Finance and accounts, Statutory reporting,GST Transition and analysis, Demerger and amalgamation, Transfer pricing.

1. Prakash Kumar Panda-ACA
31/101-Mantri Residency
Bannerghatta Road,Banagalore-560076
Phone No –9686925934/8884311138
prakashg_78@rediffmail.com
Summary
A seasoned Chartered Accountant with Diploma in IFRS from ACCA-UK enriched with12 years of rich experience in
all gamut of finance and accounts. A true leader in building teams with proven track record of delivering values and
bringing capabilities to drive changes and innovation at work.
Areas of Expertise
 Financial reporting, Maintenance of statutory books of accounts, Monthly, Quarterly and year end book
closure and finalization of statutory accounts including liaising with auditors for smooth closure of audits.
 Subject matter expert and operations lead for Records to Report, Procure to pay (Accounts payable), Accounts
Receivable, Intercompany accounting, Fixed Assets and inventory accounting processes.
 Due diligence, Demerger,Merger and Acquisition, Working Capital management, sale off of business as well
as Liquidation.
 Thorough knowledge of the process flow in ERPs like Oracle and SAP for AP, GL, AR, Inventory, FA,
Intercompany etc.
 Transfer pricing between group companies
 Banking operations-hands on experience in liaising with banks for project financing and day today functioning
 GST Implementation – Subject matter expert for GST implementation for Govt of India
Career Synopsis
1. M/s Infosys Ltd
A. GST Implementation - Returns–Aug-2016 till date
Working as the lead indirect tax analyst for the prestigious GST implementation project awarded to Infosys by the
Govt of India. Roles and Responsibilities include
 Single point of contact betweenthe client and the Infosys software development team for requirement gathering
and communication between the clients.
 Analyzing the Law, Rules, forms and formats, simplifying the same for easy coding by the development team.
 Making presentations for the law committee and GSTN for changes in the law and the rules
 Preparation of the system requirement specifications to be used by the software development team to bring up
the common GST portal.
 Analyzing business impact and proposing changes to the rules, forms, draft laws etc.
 Testing the desired results for its accuracy and efficiency in the application before the same are released to the
public at large.
B. Financial Reporting Head (Jul-2014 –Jul-2016-Infosys BPO)
Led the Finance and accounts process in a controllership role for an overseas Telecom infrastructure company
(Bharti Airtel –Africa operations) with operations in seventeen African countries with around $200Mn annual
turnover and ownership of 5000 telecom towers.

2. Prakash Kumar Panda-ACA
Responsibilities include
 Maintenance of books of accounts as per IFRS in oracle-R-12
Accounts Payable, Revenue and Receivables, GL accounting, Direct and Indirect Taxation, Fixed Assets and
Inventory, Intercompany accounting and Reconciliation
 Monthly book closure reporting as per IFRS
 MIS Reporting requirements as per the Group policy and statutory requirements.
 Project to wind up the business and sale offto third party for 5 countries (Sale in the nature of “assets sale”
as well as “share sale”) and closure of audit for the same from the statutory auditors.
 Closure of accounting for sale deal and working capital certification from EY post closure of sale deal.
 Liaising with the statutory auditors and closure of financial statements for all the subsidiaries on a yearly basis
including the liquidated ones.
 Transfer pricing between the group entities.
2. M/s Aircel Ltd-Head Fixed assets accounting for PAN India operations –(Dec-2011 to Jul-2014)
Led the capex accounting process in the shared services center along with a team of 15 qualified professionals.
Responsible for record to report of capex accounting, day to day accounting and statutory reporting as per Indian
as well as Malaysian GAAP for all the 22 telecom circles spread across India.
3. M/s Bharti Airtel Ltd (Apr-2008 to Dec-2011)
 Led Accounts payable process for strategic partners, Capex and Inventory accounting for CHN and ROTN-
Apr-08 to Nov-09
 Led The Fixed assets accounting process for land line and broad band segment-May-10 to May-11
 Led the CAPEX accounting for Pan India 22 Telecom circles for Mobile segment.Jun-11 to Dec-11
4. M/S Teledata Informatics Ltd (Since Nov-06 to March-08)
Led the Finance and Accounts department, a team of 12 professionals including four qualified CAs. Teledata is a
niche CMMI level 5 Software development company based out of Chennai, engaged in the business of
development and providing software solutions for the Marine, utility and education sector .Teledata had 25
subsidiaries spread across the globe with a group turnover of around Rs 3000 Crores during 2007-08.
 Gave effect to the composite scheme of arrangements “Demerger and Amalgamation” for Teledata group
companies.
 Liaising with the premier Public and Private sectorbanks for arrangementof short term and long term,fund
and non-fund based facilities. Supplementing the bankers in terms of various data like CMA, Term loan
repayment schedule, Monthly receivables and BG utilization etc.
 Preparation of various project reports and profitability analysis for the new projects using ROI approach
 Compliance in line with the STPI requirements.
5. Deloitte Haskin and Sells (March 2006 to Nov 2006)
Employed with A.F.Ferguson & Co, Chennai, member firm of Deloitte Haskin & Sells as Assistant Manager
– Statutory and Tax Audit.

3. Prakash Kumar Panda-ACA
Achievements
 Closure of accounting for sale deal (Demergerand sale off) for 5 African countries operation and their working
capital certification from EY
 Intercompany reconciliation and closure of gap reported in Sep-14 of $12mn
 Demerger of Infratel and Airtel books for ROTN and CHN Circles for FA and AP module.
 Streamline the vendor accounting and payment process for the Africa operations and the Strategic partners’
reconciliation for Chennai and ROTN circle for Airtel.
 Automation of prepaid Expenses and deferred revenue amortization in SAP. Automation of capital assets
movement in SAP
 Gave effect to the composite scheme of arrangement i.e. demerger and amalgamation in a short span of two
months in Teledata informatics ltd.
 Transitioned the FA process in Aircel for more than 15 circles within a time span of two months.
 Finalization of system specification for 34 returns under the GST regime.
 Successfully conducted the Beta testing project for the software roll out for GST for 15000 participating
taxpayers.
ROLES & RESPONSIBILITIES IN DETAIL
1. Aircel Ltd
 Managing the end to end Accounting and reporting (R2R) (for 50,000 mobile towers) for the capex and
inventory accounting function for Aircel Group-with an asset base of Rs 30k Crores
 Providing MIS with respect to high aged inventory, CWIP, Claims pending for settlement with the insurance
companies and other areas of threat to the company’s EBITDA.
 Ensuring smooth closure of Quarterly and yearend Statutory, Internal and Tax audit and ensuring hard close
of the issues highlighted by statutory and internal auditors
 Defining SLA as per the process KPI, standardization of processes, practices and templates to be followed
across the SBUs to ensure uniformity and enhance productivity.
 Close co-ordination with SAP team to bring in automations in SAP.
 Physical verification of assets and warehouse inventory and reconciliation of the same to the books
2. Bharti Airtel -Mobile Segment:
Led a team of 25 professionals taking care of the Capex accounting and reporting for all the 22 telecom
circles of Bharti.
 End to end Responsibility of accounting and monthly book closure for all the 22circles, Month end
reporting. Managing the total assetbase for around 125k sites of Bharti. Erlang Basedcapitalization (DPE&
DPM for 3G) unique method of capitalization in Bharti
 Ensuring assets are adequately insured, lodging claims with the insurers and following up with them for
settling the claims.
 Tracking the inputs as well as the outputs as per the signed SLA parameters, driving the team in a shared
services environment.
Procure to pay:
 Vendor accounting and reconciliation for the strategic partners, Preparation of AP GL reconciliation etc.,
Expenses and Inventory AP Accrual control. Vendor master clean up
 Adjustment of foreign exchange translation difference etc.
 Ensuring correctness and adequacy of provisioning/accrual both for capex and opex
 Periodic contract closure with the strategic partners ensuring correct booking of assets and liabilities and
payment thereof in books.

4. Prakash Kumar Panda-ACA
Intercompany Reconciliations:
 Reconciliation of balances between various units and companies of the Group on a monthly basis.
 Ensuring transferof stocks and assets,crosscharge of expenses betweenvarious units getsbooked properly
in the respective Unit books.
 Cross charging of common expenses for the respective units, Intercompany revenue and expenses
elimination between Bharti Airtel and Bharti Telemedia
Inventory Management:
Closely associated with the supply chain management team for development of systems like
 Automation of intra circle transfer of goods from one location to another location, both in inventory and
finance module
 Automation of capital assets and site return materials movement between one site to another and site to
warehouse, Automation of site on air module.
 Integration of inventory and FA module in oracle-11i
Taxation
 Thorough understanding of the provisions of the GST actand rules and deep insight into the implementation
aspect of it.
 TDS reconciliation in co-ordination with the taxation team for the strategic partners
 CENVAT Reconciliation under the guidance of the taxation team.
 VAT and WHT reconciliation for all the African companies.
Land line and Broad band Segment:
 Financial reporting for FA Segment,
 Working closely with the Chief Controllers and SSC Head for various innovative projects in reduction of
opex and increase level of statutory compliance.
 Analytical review of monthly accounts and monitoring accounting efficiency. Ensuring compliance with
accounting guidelines and practices.
Academic Profile
 Chartered Accountant-ICAI-Nov 2005.
 Diploma in IFRS-ACCA UK-2016
 Graduated in Commerce –B.COM from Utkal University, Orissa in First Division and Distinction.
Exposure to ERP based Accounting Environment
 Working knowledge in SAP-GL,FA,AP and MM
 Hands on experience on Oracle Financials (Oracle 11.5& R 12), Experienced in GL Module, Payable
Module, FA, and Inventory and purchasing, intercompany, AR etc.
 Active participation in Development of automation tools both in Oracle as well as SAP
 Thorough knowledge of the GST portal developed by Infosys for Govt of India
 Expert level knowledge in MS Excel and hands on experience in other MS Office tools like Word, power
point and MS Access, SQL, Reporting tools like IBM-COGNOS, QMT, and Hyperion etc.
Personal Details
Permanent Address : Brahmabarada, Jajpur, Orissa-755005
Date of Birth : 25th
March 1978
Languages Known : English, Hindi, Oriya and Tamil