CURRICULUM VITAE
PRAKASH MISTRY FCCA MBA
Mobile 07515919256
Prakashmistry2003@yahoo.co.uk
PROFILE
A qualified Accountant in possession of a first-rate MBA. Has a proven record of
achievement in assisting business managers, board members and directors with
the preparation of short and long term business and financial plans,
implementation of effective financial and operational management strategies
and processes, monitoring and forecasting of budgets, larger scale ICT
outsource procurements, operational performance management and change
management in large public and private sector large organisations.
CAREERS AND ACHIEVEMENTS TO DATE
Ministry of Justice Jan 2012 to present (Contract)
Commercial Finance Lead – ICT Tower Procurements (Project Based)
Key Deliverables
• Successfully completed four ICT procurements as finance lead, three of
which were ICT tower procurements.
• Lead and prepare business cases in line with the Treasury Green Book
principals for Prisons ICT contract, Shared services contract and Voice,
Video and Integration services and WAN and LAN services procurements.
• Extracted on average 30% cost savings from legacy contracts in particular
within ICT tower based procurements.
• Currently finance lead and preparation of the WAN and LAN procurement
business case.
• Large scale Involvement of the governance process for approvals both
internally within the MoJ and externally within the Cabinet Office and HM
Treasury. To date, completed all approvals both internal and external
business cases for two large procurements including the end to end prisons
ICT services and MoJ Voice, Video and Integration services.
• Produce financial strategy and 5 year financial plans for ICT procurement
programme which fed into MoJ corporate medium term financial plans.
• Provide a full business partnering service including accruals, prepayments,
balance sheet impact on assets, leases, contract income recognition and
audit documentation etc, in accordance to UK GAAP and IFRS’s.
• Lead on the financial and commercial dialogue and negotiations with
suppliers on outsource of new ICT contracts valued at £300m over 3 years
and £100m over 5 years.
• Together with commercials, developed the programme ICT procurement
strategy as well as the individual tower commercial strategies.
• Plan activities and resources in support of the overall Project plans.
• Co-ordinate with Corporate Finance and other steady state business areas
as appropriate to ensure the financial and accounting requirements are
developed validated and agreed.
• Implemented a process to co-ordinate across the broader FITS programme
to ensure workstream consistency of project approach, support and
governance which feed into annual audit.
• Implemented a benefits management process to ensure business cases are
delivered to agreed benefits targets.
• Capture of current performance data and activity based costs to feed into
financial and pricing models.
• Develop financial models for a range of cost and performance mechanisms.
• Preparation of documentation for inclusion in the Authority’s competition
products including contract documentation, procurement strategy and
contract schedules.
• Business partner within the FITS programme and Shared Services
Programme, including both strategic and day to day financial advice and
support.
• Manage internal and external stakeholder relationships. This includes
project and programme boards, project managers, BAU finance teams,
Auditors, project team, suppliers, UK treasury and cabinet office.
Essex County Council (ECC) Jan 2010 to July 2011 (Contract)
Post: Senior Finance Business Partner
Key Deliverables
• Prepare the Medium Term Service plans for Information Services (IS).
Setting out the budgetary requirements for both revenue and capital in line
with meeting organisational strategic objectives. This included cashflow
statement, balance sheet and Income & expenditure accounts.
• Providing expert financial advice as well as a full range of financial and
management accounting service.
• Capture requirements and project manage the implementation of
process efficiency extracting cost savings totalling £20m (41% of
expenditure budget) over 18 months.
• Implemented a benefits management process to ensure business
cases delivered to agreed benefits targets.
• Implemented a number of key financial controls and processes as the
IS services came in-house. This included expenditure controls, business
case management, staffing controls, systems controls.
• Finance lead on the ICT Modernisation programme as the service
moves to the concept of “Cloud Computing”.
• Finance lead on various projects including writing and reviewing
business cases with particular focus on cost benefit analysis.
• Building IS Total Cost of Ownership (TCO) model as ECC moves
towards a commissioning model.
• Preparing and presenting monthly financial performance reports to IS
board, business managers and other internal stakeholders. Reports include
both financial and non financial KPI’s.
• Successfully managed good working relationships with Directors,
senior managers, project board, project managers, auditors, councillors,
suppliers etc.
Home Office Sept 09 to Jan 10 (Contract)
Post: Senior Business Partner (Immigration Services)
Key Deliverables
• Providing expert financial advice as well as a full range of financial and
management accounting services. This included monthly monitoring,
variance analysis, key performance indicators.
• Preparing monthly management accounts including revenue, Income and
capital budgets.
• Attending and presenting at monthly board meetings, communicating the
latest financial position.
• Successfully managed good working relationships with Directors,
senior managers, suppliers.
London Borough of Redbridge Sept 08 to Feb 09 (Contract)
Post: Financial Controller / Team Leader Direct services
Key Deliverables
• Providing expert financial advice as well as a full range of financial and
management accounting service. This included monthly monitoring, variance
analysis, PFI key performance indicators.
• Prepare the Medium Term financial plans for East London Waste
Authority (ELWA) as well as Direct Services within Redbridge Council.
Setting out the budgetary requirements for both revenue and capital in line
with meeting organisational strategic objectives.
• Prepared ELWA budget for 2009/10 in accordance to changes in PFI
contracts, changes in legislations and local priorities.
• Implemented an efficiency and effectiveness process extracting cost
savings of 3% per annum for the next three years leveraged on budgetary
constraints.
• Preparing and presenting monthly financial performance report to the
ELWA board, business managers and other local stakeholders. This
included both financial and non financial KPI’s in accordance to local
authority requirements.
• Participated in monthly performance meetings with PFI suppliers with a
focus on Value for Money.
• Review process within the billing and charging of transport services and
implement changes through automation in extracting financial savings.
• Responsible for the production of monthly Income and Expenditure
accounts, Cashflow and Balance sheet in accordance to SORPs.
• Successfully managed good working relationships with Directors,
senior managers, auditors, project board, project managers, councillors,
suppliers etc.
• Full Management responsibility of 4 members of staff including PDR’s,
training and development together with day to day management.
EDF Energy Jan 2008 to Sept 08 (contract)
Post: Business Partner and Performance Manager
Key Deliverables
• Production of monthly BI&T Performance report and presentation of the
report to BI&T executive.
• Undertook a review of existing performance report and recommended
changes to KPI’s which were approved by the board. Implemented the new
BI&T Performance Report.
• Lead the Medium Term plan process for BI&T within the finance
workstream setting budgetary requirements for capital and revenue over
next 5 years based on meeting company objectives and targets during major
growth phase.
• Responsible for the production of monthly Profit and Loss account,
Cashflow and Balance sheet.
• The management of fixed asset register.
• Co-ordinate activities in producing the financial data for Mckinsey IT
services benchmarking survey, working closely with business managers to
ensure that costs accurately reflect the service provided.
• Manage relationships with senior management, programme and project
boards, project managers, auditors and external business units.
Metropolitan Police Services (MPS) December 2001 to date Jan 2008
Post: Business Accountant / Change Manager (IT Services)
Dimensions: Staff: 1800, Budget £255m Revenue and £50m Capital Per
annum
Key Achievements in my time at the MPS include
• Implemented an efficiency and effectiveness process extracting cost
savings totalling £28m within the last three years.
• Part of project team for the re-tendering of IT outsources contacts,
value £700m over 7 years. This included tender evaluations and supplier
negotiations.
• Part of project team that implemented the business warehouse IT
system organisation wide.
• Project Management - Reviewed and recommended changes to
existing Account manager service. Implemented a replacement
Relationship Management service as a consequence.
• Lead and championed the new Medium term financial planning process
introduced to the MPS. This was during significant growth phase within
the organisation.
• Introduced a regime of robust business case requirements and
governance for all investments greater than £500k and prioritisation
process where funds are scarce.
• Introduced a process of budget bidding and budget scrutiny on an
annual basis to ensure financial resources are utilised and maximised to
meet organisation objectives.
• Introduction of financial training on business cases as well as financial
awareness for non finance managers.
• Successfully managed good working relationships with Directors,
senior managers, high ranking police officers, suppliers etc.
• Member of various project boards, leading and reporting on the latest
financial position as well as financial risk assessment.
University Lewisham Hospital NHS Trust December 1990 to Dec 2001
Team Leader – Management Accounts
Working within the finance directorate, my remit was to ensure the management
and control of half of the Trusts budgets predominately within frontline clinical
services. Achievements included
• Provide on a monthly basis accurate, concise income, expenditure and
manpower reports to budget managers.
• Produce analysis of income streams through various SLA contracts
with PCTs.
• Produce Activity reports comparing against SLA’s and the annual
service delivery plans.
• Participate in annual budget setting and reviews with Clinical directors,
Chief Executive and senior management.
• Production of costing for services for frontline directorates.
• Took part in negotiation with local providers on a number of surgical
contracts.
• Managed external relationships with Strategic health authority and local
providers. Managed internal relationships from Trust board to clinical
directors, business managers and other health professionals.
• Evaluated the 3 year service plans of Business Managers and
produced financial schedules for presentation to Chief Executive/Clinical
Directors as basis for budget setting/reviews.
POST OFFICE COUNTERS LTD. Oct 1979 - Dec 1990
Post: Postal Officer / Acting Branch Manager.
• Managed Human and Financial resources within various Post Offices.
One Post Office I managed had 18 members.
• Organised a flexible service in line with the wider needs of the
business.
PROFESSIONAL AND PERSONAL INFORMATION
Qualifications: MBA at Henley Management College (Completed January
2006). As part of this international MBA, we visited Frankfurt, Copenhagen
and Hong Kong. Electives include Project Management, Entrepreneurialism,
and Leadership.
PRINCE2 Project Methodology Practitioner (June 2007)
Association of Chartered Certified Accountants (ACCA 2001).
AAT (Completed Dec 95),
Training: Numerous management courses, presentation courses as well as
IT packages including word, excel, access and accounting packages (SAP,
Agresso, Oracle, Bex).
and Hong Kong. Electives include Project Management, Entrepreneurialism,
and Leadership.
PRINCE2 Project Methodology Practitioner (June 2007)
Association of Chartered Certified Accountants (ACCA 2001).
AAT (Completed Dec 95),
Training: Numerous management courses, presentation courses as well as
IT packages including word, excel, access and accounting packages (SAP,
Agresso, Oracle, Bex).

CV Prakash Mistry

  • 1.
    CURRICULUM VITAE PRAKASH MISTRYFCCA MBA Mobile 07515919256 Prakashmistry2003@yahoo.co.uk PROFILE A qualified Accountant in possession of a first-rate MBA. Has a proven record of achievement in assisting business managers, board members and directors with the preparation of short and long term business and financial plans, implementation of effective financial and operational management strategies and processes, monitoring and forecasting of budgets, larger scale ICT outsource procurements, operational performance management and change management in large public and private sector large organisations. CAREERS AND ACHIEVEMENTS TO DATE Ministry of Justice Jan 2012 to present (Contract) Commercial Finance Lead – ICT Tower Procurements (Project Based) Key Deliverables • Successfully completed four ICT procurements as finance lead, three of which were ICT tower procurements. • Lead and prepare business cases in line with the Treasury Green Book principals for Prisons ICT contract, Shared services contract and Voice, Video and Integration services and WAN and LAN services procurements. • Extracted on average 30% cost savings from legacy contracts in particular within ICT tower based procurements. • Currently finance lead and preparation of the WAN and LAN procurement business case. • Large scale Involvement of the governance process for approvals both internally within the MoJ and externally within the Cabinet Office and HM Treasury. To date, completed all approvals both internal and external business cases for two large procurements including the end to end prisons ICT services and MoJ Voice, Video and Integration services. • Produce financial strategy and 5 year financial plans for ICT procurement programme which fed into MoJ corporate medium term financial plans. • Provide a full business partnering service including accruals, prepayments, balance sheet impact on assets, leases, contract income recognition and audit documentation etc, in accordance to UK GAAP and IFRS’s. • Lead on the financial and commercial dialogue and negotiations with suppliers on outsource of new ICT contracts valued at £300m over 3 years and £100m over 5 years. • Together with commercials, developed the programme ICT procurement strategy as well as the individual tower commercial strategies.
  • 2.
    • Plan activitiesand resources in support of the overall Project plans. • Co-ordinate with Corporate Finance and other steady state business areas as appropriate to ensure the financial and accounting requirements are developed validated and agreed. • Implemented a process to co-ordinate across the broader FITS programme to ensure workstream consistency of project approach, support and governance which feed into annual audit. • Implemented a benefits management process to ensure business cases are delivered to agreed benefits targets. • Capture of current performance data and activity based costs to feed into financial and pricing models. • Develop financial models for a range of cost and performance mechanisms. • Preparation of documentation for inclusion in the Authority’s competition products including contract documentation, procurement strategy and contract schedules. • Business partner within the FITS programme and Shared Services Programme, including both strategic and day to day financial advice and support. • Manage internal and external stakeholder relationships. This includes project and programme boards, project managers, BAU finance teams, Auditors, project team, suppliers, UK treasury and cabinet office. Essex County Council (ECC) Jan 2010 to July 2011 (Contract) Post: Senior Finance Business Partner Key Deliverables • Prepare the Medium Term Service plans for Information Services (IS). Setting out the budgetary requirements for both revenue and capital in line with meeting organisational strategic objectives. This included cashflow statement, balance sheet and Income & expenditure accounts. • Providing expert financial advice as well as a full range of financial and management accounting service. • Capture requirements and project manage the implementation of process efficiency extracting cost savings totalling £20m (41% of expenditure budget) over 18 months. • Implemented a benefits management process to ensure business cases delivered to agreed benefits targets. • Implemented a number of key financial controls and processes as the IS services came in-house. This included expenditure controls, business case management, staffing controls, systems controls. • Finance lead on the ICT Modernisation programme as the service moves to the concept of “Cloud Computing”. • Finance lead on various projects including writing and reviewing business cases with particular focus on cost benefit analysis. • Building IS Total Cost of Ownership (TCO) model as ECC moves towards a commissioning model.
  • 3.
    • Preparing andpresenting monthly financial performance reports to IS board, business managers and other internal stakeholders. Reports include both financial and non financial KPI’s. • Successfully managed good working relationships with Directors, senior managers, project board, project managers, auditors, councillors, suppliers etc. Home Office Sept 09 to Jan 10 (Contract) Post: Senior Business Partner (Immigration Services) Key Deliverables • Providing expert financial advice as well as a full range of financial and management accounting services. This included monthly monitoring, variance analysis, key performance indicators. • Preparing monthly management accounts including revenue, Income and capital budgets. • Attending and presenting at monthly board meetings, communicating the latest financial position. • Successfully managed good working relationships with Directors, senior managers, suppliers. London Borough of Redbridge Sept 08 to Feb 09 (Contract) Post: Financial Controller / Team Leader Direct services Key Deliverables • Providing expert financial advice as well as a full range of financial and management accounting service. This included monthly monitoring, variance analysis, PFI key performance indicators. • Prepare the Medium Term financial plans for East London Waste Authority (ELWA) as well as Direct Services within Redbridge Council. Setting out the budgetary requirements for both revenue and capital in line with meeting organisational strategic objectives. • Prepared ELWA budget for 2009/10 in accordance to changes in PFI contracts, changes in legislations and local priorities. • Implemented an efficiency and effectiveness process extracting cost savings of 3% per annum for the next three years leveraged on budgetary constraints. • Preparing and presenting monthly financial performance report to the ELWA board, business managers and other local stakeholders. This included both financial and non financial KPI’s in accordance to local authority requirements. • Participated in monthly performance meetings with PFI suppliers with a focus on Value for Money. • Review process within the billing and charging of transport services and implement changes through automation in extracting financial savings. • Responsible for the production of monthly Income and Expenditure accounts, Cashflow and Balance sheet in accordance to SORPs.
  • 4.
    • Successfully managedgood working relationships with Directors, senior managers, auditors, project board, project managers, councillors, suppliers etc. • Full Management responsibility of 4 members of staff including PDR’s, training and development together with day to day management. EDF Energy Jan 2008 to Sept 08 (contract) Post: Business Partner and Performance Manager Key Deliverables • Production of monthly BI&T Performance report and presentation of the report to BI&T executive. • Undertook a review of existing performance report and recommended changes to KPI’s which were approved by the board. Implemented the new BI&T Performance Report. • Lead the Medium Term plan process for BI&T within the finance workstream setting budgetary requirements for capital and revenue over next 5 years based on meeting company objectives and targets during major growth phase. • Responsible for the production of monthly Profit and Loss account, Cashflow and Balance sheet. • The management of fixed asset register. • Co-ordinate activities in producing the financial data for Mckinsey IT services benchmarking survey, working closely with business managers to ensure that costs accurately reflect the service provided. • Manage relationships with senior management, programme and project boards, project managers, auditors and external business units. Metropolitan Police Services (MPS) December 2001 to date Jan 2008 Post: Business Accountant / Change Manager (IT Services) Dimensions: Staff: 1800, Budget £255m Revenue and £50m Capital Per annum Key Achievements in my time at the MPS include • Implemented an efficiency and effectiveness process extracting cost savings totalling £28m within the last three years. • Part of project team for the re-tendering of IT outsources contacts, value £700m over 7 years. This included tender evaluations and supplier negotiations. • Part of project team that implemented the business warehouse IT system organisation wide. • Project Management - Reviewed and recommended changes to existing Account manager service. Implemented a replacement Relationship Management service as a consequence. • Lead and championed the new Medium term financial planning process introduced to the MPS. This was during significant growth phase within the organisation.
  • 5.
    • Introduced aregime of robust business case requirements and governance for all investments greater than £500k and prioritisation process where funds are scarce. • Introduced a process of budget bidding and budget scrutiny on an annual basis to ensure financial resources are utilised and maximised to meet organisation objectives. • Introduction of financial training on business cases as well as financial awareness for non finance managers. • Successfully managed good working relationships with Directors, senior managers, high ranking police officers, suppliers etc. • Member of various project boards, leading and reporting on the latest financial position as well as financial risk assessment. University Lewisham Hospital NHS Trust December 1990 to Dec 2001 Team Leader – Management Accounts Working within the finance directorate, my remit was to ensure the management and control of half of the Trusts budgets predominately within frontline clinical services. Achievements included • Provide on a monthly basis accurate, concise income, expenditure and manpower reports to budget managers. • Produce analysis of income streams through various SLA contracts with PCTs. • Produce Activity reports comparing against SLA’s and the annual service delivery plans. • Participate in annual budget setting and reviews with Clinical directors, Chief Executive and senior management. • Production of costing for services for frontline directorates. • Took part in negotiation with local providers on a number of surgical contracts. • Managed external relationships with Strategic health authority and local providers. Managed internal relationships from Trust board to clinical directors, business managers and other health professionals. • Evaluated the 3 year service plans of Business Managers and produced financial schedules for presentation to Chief Executive/Clinical Directors as basis for budget setting/reviews. POST OFFICE COUNTERS LTD. Oct 1979 - Dec 1990 Post: Postal Officer / Acting Branch Manager. • Managed Human and Financial resources within various Post Offices. One Post Office I managed had 18 members. • Organised a flexible service in line with the wider needs of the business. PROFESSIONAL AND PERSONAL INFORMATION Qualifications: MBA at Henley Management College (Completed January 2006). As part of this international MBA, we visited Frankfurt, Copenhagen
  • 6.
    and Hong Kong.Electives include Project Management, Entrepreneurialism, and Leadership. PRINCE2 Project Methodology Practitioner (June 2007) Association of Chartered Certified Accountants (ACCA 2001). AAT (Completed Dec 95), Training: Numerous management courses, presentation courses as well as IT packages including word, excel, access and accounting packages (SAP, Agresso, Oracle, Bex).
  • 7.
    and Hong Kong.Electives include Project Management, Entrepreneurialism, and Leadership. PRINCE2 Project Methodology Practitioner (June 2007) Association of Chartered Certified Accountants (ACCA 2001). AAT (Completed Dec 95), Training: Numerous management courses, presentation courses as well as IT packages including word, excel, access and accounting packages (SAP, Agresso, Oracle, Bex).