1. PRAVIN M. BUBNA
Chartered Accountant & Cost Accountant
Malad, Mumbai
Date of Birth : 10th
February 1974, Age : 42 year
Mobile: 07738772795
E-Mail: pravinb2000@rediffmail.com
Career Synopsis & Achievements
Exposure to working for large Corporates like Wockhardt, Reliance Industries Ltd (Pharma, Oil& Gas)
Well experienced in independently handling entire Finance, A/cs, Banking, MIS & Taxation activities.
Presently leading & managing a team of 12 employees in various areas of Finance & Accounts function.
Worked on US GAAP assignment at Reliance Industries Ltd. - India’s largest Pvt. Sector Organisation.
Have handled M&A transaction, due diligence activity for (Finance & A/cs) during acquisition of CP Pharma (UK)
at Wockhardt Ltd – deal size 84 mn UK pound.
Achievements - 1. Appreciated by senior management at Reliance for US GAAP assignment.
2. Rated as an “Outstanding Performer” at Wockhardt within 1 year of joining.
Chartered Accountant - 1st Attempt (Both Groups together). & Cost Accountant (ICWA).
Key Management Skills
Result-oriented Chartered Accountant & Cost Accountant with 18+ years of experience.
Organised, Aggressive & fairly good planner.
Demonstrated leadership and Problem solving skills with ability to prioritize task and work on multiple assignments.
Experience in dealing with Banks and FIs; handled JVs, M&As etc.
Well versed with SAP R/3 Environment.
Work Experience
Organisation Designation Period Reporting to
Royal Realtors Group of Cos. Head - Finance & A/cs October 2015 till date Promoters
MIRC limited General Manager –Finance May 2014 Sept 15 CEO
Reliance Industries Limited General Mngr – Polyester Div Sept 2011 to Feb2014 Sector Commercial Head
Abacus Peripherals P Ltd. General Manager -Finance June 2004 to Sept2011 Chairman-Mng.Director
Wockhardt Limited Manager-Finance June 2001 to May2004 General Manager
Reliance Industries Limited Asst. Manager – Finance Sept 1997 to June 2001 General Manager
Education Background
1997 Chartered Accountant from ICAI. Cleared (Inter & Final) Both Groups in 1st Attempt.
1997 C.S. (Inter G-II) from Institute of Company Secretary of India.
1996 CWA from Institute of Cost & Works Accountants of India. 1994
1994 B.Com. from Bombay University.
2. Industry Experience
Royal Realtors Group of Cos Head – Finance &A/cs Infrastructure Company
Handling Finance; Accounts; Banking & Taxation activities.
Project Monitoring activity
o Preparing and presenting cost saving & revenue enhancement working for each project.
o Monitoring project cost elements with respect to budget/agreement and providing deviation reports.
o Preparing project-wise profitability.
Liaisoning with Banks for Term loan for new projects. Ensuring compliances to banks requirements.
Preparing Project reports for new projects & giving presentations to Government Authorities and helping in getting
the desired process approvals.
Attending to Income tax notices & handling assessment matters. Ensuring timely closure of assessments.
Ensuring optimum tax planning with aim to save tax for the organisation.
Ensuring day to day accounting, banking and statutory compliance activities and monitoring business routines.
MIRC Ltd General Manager-Finance Consumer Electronics
Heading Finance, Accounts, & Taxation division of MIRC – Adonis Limited.
Presenting decision making MIS to top management on monthly basis.
Liaisoning with Branch, Region for Accounts & Taxation.
Responsible for Internal Audit report review and action plan.
Annual Fixed Expenses Budgeting for all the regions & branches
Preparing Annual Business Plan (in detailed for each Product & Consolidated for the company).
Reliance IndustriesLtd. General Manager Petrochemicals
Spearheading a gamut of tasks entailing compilation and submission of monthly MIS for Polyester sector.
Responsible for ensuring consolidation and preparation of monthly accounts.
Collaborating with business for preparation of realistic annual business plan.
Reviewing CAPEX proposals for new projects in polyester division.
Accountable for reviewing and resolving critical site / region issues.
Efficiently participating in process and system improvement activity at RIL. (STAR project)
Abacus Peripherals Pvt. Ltd. General Manager – Finance Computer Hardware
Heading Finance, Accounts, & Taxation function for the entire group.
Liaisoning with banks and organizing financial requirements of the company at competitive rates.
Attending to Income tax notices & handling assessment matters. Ensuring closure of assessments on time.
Monitoring day to day accounting, banking and statutory compliance activities and ensuring business routines.
Implemented SAP across company (HO & 22 branches in 6 months period).
3. Wockhardt Ltd Manager – Finance Pharmaceuticals
Managing a team of 10 in Finance & Accounts division.
Responsible for – Consolidation & Finalisation of Annual, Interim & Tax accounts of Wockhardt Group
[30 companies]
Ensuring preparation of monthly accounts by 7th of every month
Achievement:
Received "Outstanding" rating at Wockhardt Ltd within one year of joining.
Special Assignment - M&A Activities :
Acquisition of CP Pharmaceuticals, Inc., a UK based company; participated in due diligence process from
the finance side; deal size: 84 m UK Pound.
o Was in the core team of Acquisition activity representing Finance and Accounts division.
o Role was to take over the Finance and Accounts function with proper identification of each and every asset and
liabilities of the acquired company.
Sale of Intra-venous Fluid Division to Baxter India Pvt. Ltd. & Bio-Agro Division to Bio-Stadt India Ltd.
o Role was to segregate assets & liabilities and ensure successfully completion of due diligence process.
o Ensure proper handover of Assets and Liabilities to the acquirer company.
Merger of Wockhardt Health Care Ltd. with Wockhardt Life Sciences Ltd.
Reliance IndustriesLtd. Asst. Manager - Finance Petrochemicals
Reformatted accounts of Reliance Industries Ltd. & its group entity as per US GAAP & IAS for 5 years.
Adhered to & ensured US SEC and NYSE listing compliances.
Analysed the business risk of various divisions of Reliance & its group cos.
Present major observation & high risk areas with corrective action to the higher management
Achievements:
Appreciated by Mr. Ambani & Senior management at Reliance for efficiently handling and completing the US
GAAP assignment on time.