CA Prashant Sethia
Chhatrapati Sambhajinagar
Summary
Dynamic finance professional with experience of 6.5 years, currently working at Liebherr Appliances India Pvt. Ltd., excelling in financial planning and analysis. Proven track record in leading cost improvement initiatives, achieving significant savings, and enhancing operational efficiency. Strong leadership and stakeholder management skills, complemented by expertise ERP systems (Infor & SAP) and regulatory compliance.
Overview
10
10
years of professional experience
Work History
Assistant Finance Manager
Liebherr Appliances India Pvt. Ltd.
Chhatrapati Sambhajinagar
08.2020 - Current
- Company Overview: Global Consumer Electronics Manufacturer
- Current Role: Internal Auditor | Jan 2025 – Present
- Leading internal audit function focusing on process improvements and operational efficiency enhancement
- Conducting comprehensive risk assessments and control testing across all business functions
- Developing audit reports and recommendations for senior management and global stakeholders.
- Business Process Re-engineering Lead | Jan 2022 – Present (Parallel Assignment)
- Analyzed cross-functional processes to identify automation opportunities and compliance gaps
- Created and updated 15+ Standard Operating Procedures (SOPs) to standardize operations
- Designed scalable processes to handle future business volume growth and expansion
- Led digital transformation initiatives, resulting in a 30% reduction in manual processing time.
- Established compliance frameworks ensure adherence to regulatory requirements.
- Factory Costing & Controlling |June 2021 – December 2024
- Led comprehensive business planning and annual budget preparation for manufacturing operations.
- Conducted monthly Budget vs Actual variance analysis and presented insights to senior management
- Managed Fixed Asset monitoring, depreciation planning, and CAPEX optimization strategies
- Implemented standard costing methodology and moving average BOM costing systems.
- Spearheaded 130+ cost improvement initiatives, delivering 580 man-days savings
- Developed automated MIS reporting for Global and Regional Controlling requirements
- Performed raw material price monitoring and cost trend analysis for procurement decisions
- Accounts Payable & Treasury Manager | Aug 2020 – May 2021
- Built and managed a 5-member AP and Treasury team.
- Implemented advanced banking automation tools with HSBC partnership, reducing processing time by 30%
- Developed working capital optimization strategies and daily cash position monitoring M.I.S.
- Automated vendor payment processes and established robust internal controls.
- Created treasury SOPs and implemented a limit of authorities (LOA) for financial transactions.
Associate
ANB Consultants Pvt. Ltd.
Mumbai
04.2019 - 08.2020
- Company Overview: Business Risk Consultancy
- Conducted process reviews and risk mitigation assessments for Kotak Life Insurance
- Led IND AS implementation and financial review projects for Hinduja Group subsidiaries
- Reviewed Anti-Money Laundering compliance frameworks for TATA AIA Life Insurance
Audit Intern
M/s M. R. Hundiwala & Co.
Chhatrapati Sambhajinagar
06.2015 - 05.2018
- Company Overview: Chartered Accountancy Firm.
- Conducted internal audits focusing on Procure-to-Pay, HR Payroll, IT systems, and inventory management.
- Performed risk assurance reviews for DB Group's manufacturing operations.
Education
Certificate of Technical Studies - Artificial Intelligence
ICAI - Application of AI in Finance
Hyderabad - Centre Of Excellence04-2025
Chartered Accountant (CA) -
The Institute of Chartered Accountants of India (ICAI)
12.2019
Diploma in International Financial Reporting Standards (IFRS) -
Association of Chartered Certified Accountants (ACCA)
12.2019
Higher Secondary Certificate (HSC) - Commerce
Nath Valley School (NVS)
Aurangabad 12.2014
Senior Secondary Certificate (SSC) -
Cambridge School
04-2025
Skills
- Financial Planning & Analysis
- Budget Preparation & Forecasting
- Variance Analysis & Reporting
- Business Planning & Strategy
- Cash Flow Forecasting
- Inventory Optimization
- Advanced Excel & Data Analysis
- Capital Expenditure Management
- Team Leadership (5 members)
- Cross-functional Collaboration
- Process Improvement & Automation
- Stakeholder Management
- Change Management
- MIS Reporting & Dashboards
- Statutory Auditing
- Internal Controls
- Risk Assessment
- Process Documentation
Accomplishments
- Successfully implemented 130+ process improvements resulting in ₹XX lakhs annual cost savings
- Achieved 580 man-days operational efficiency improvement through automation and process optimization.
- Led successful first-time adoption of Internal Financial Controls (IFC) framework
- Established comprehensive budgeting and forecasting processes for multi-crore manufacturing operations
- Successfully progressed through 4 distinct roles within 5 years, demonstrating adaptability and growth
- Built and led high-performing finance team of 5+ members.
- Established comprehensive Process Review and Audit function from ground-up for operations
- Successfully managed statutory audits ensuring 100% regulatory compliance across all functions
- Pioneered implementation of advanced banking automation tools with HSBC partnership
- Developed data visualization dashboards for senior management reporting
- Led digital transformation initiatives in treasury and accounts payable functions
Career Interests
Passionate about macroeconomic analysis and global financial markets. Actively monitor foreign exchange trends, central bank policies, and their impact on business operations. Seeking challenging opportunities in Financial Planning & Analysis where I can leverage analytical skills, cost management expertise, and leadership experience to drive strategic business decisions and organizational growth.
Personal Information
Date of Birth: 11/18/95
References
Available upon request
Languages
Professional Proficiency, Native Proficiency, Native Proficiency
Technical Proficiencies
Business Plan Forecasting , Cash Flow Planning, Variance Analysis
Advanced Excel, MIS Development, Dashboard Creation, Data Visualization, , Cash Management, Statutory Reporting Tools.
Professional Development
- Leadership for Managers, Internal Training Program, Company-nominated leadership development initiative
- Methods of Effective Communication, Professional Training, Advanced communication skills development program
Languages
Hindi
First Language
English
Upper Intermediate (B2)
B2
Timeline
Assistant Finance Manager
Liebherr Appliances India Pvt. Ltd.
08.2020 - Current
Associate
ANB Consultants Pvt. Ltd.
04.2019 - 08.2020
Audit Intern
M/s M. R. Hundiwala & Co.
06.2015 - 05.2018
Certificate of Technical Studies - Artificial Intelligence
ICAI - Application of AI in Finance
Chartered Accountant (CA) -
The Institute of Chartered Accountants of India (ICAI)
Diploma in International Financial Reporting Standards (IFRS) -
Association of Chartered Certified Accountants (ACCA)
Higher Secondary Certificate (HSC) - Commerce
Nath Valley School (NVS)
Senior Secondary Certificate (SSC) -
Cambridge School
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