Hari Prasad Somani

Chartered Accountant

Bikaner

Summary

A competent professional in Accounts, Audit & Finance. Proactive manager with demonstrated leadership abilities, strategic planning expertise and having problem-solving approach. Encourages employees and coordinates resources to help top managers reach challenging goals

Overview

years of professional experience

years of post-secondary education

Work History

Assistant

Chakr Innovations Private Limited

11.2023 - Current

Deputy Manager (Planning & Budget)

Maruti Ispat & Energy Pvt. Ltd.

07.2023 - Current

Preparing yearly revenue and capital budget for approval of higher authority & monitoring thereof.
Preparation of Cost & Consumption Variance Reports & analysis of variances against budget with the reason.
Preparation of monthly MIS for the review of CFO and Director.
Review of plant report on daily and monthly basis before presenting it to the director.
Analysis of overheads & fixed costs for effective utilization of resources.
Performing the internal audit of various departments and submission of report to the management.
Preparation of data for a weekly review meeting with Top management for review of financial activities.
Provide support and assistance to the external auditors of the organization.

Assistant Manager (Fund Accounting)

NAV Backoffice IT Solutions Pvt. Ltd.

03.2021 - 04.2023

Co-ordination with Fund Managers and ensuring the team delivers timely and high-quality work.
Complete Balance sheet review and finalization of accounting on monthly and quarterly basis.
Part of various premium clients for ensuring the service level work for timely completion of accounting
To perform different kind of fees calculations like Management fees and Performance fees as outlined in Prospectus.
Interaction with investment managers or general partners to resolve questions and reconciliation differences.
Awarded with multiple awards e.g. Rising Star, Extended Pillars
Training and mentorship to the new Joiners

Assistant Manager (Finance & Accounts)

Minda Industries Limited

04.2019 - 03.2021

Preparation of monthly MIS including balance sheet, profitability statement and cash flow statement.
Monthly closing of books including payroll processing, sale bill discounting, sale & RMC analysis, product costing & cost control, control on purchase function, finance approval of PR/PO and vendor, customer and bank reconciliations.
CAPEX Budget, Capital Indent Justification Approvals, CAPEX acquisition, capitalization of CWIP, maintaining Asset Register, Physical verification of Fixed Assets.
Preparation of Quarterly Board Slides for board meetings and data for Limited Review Audit.
Active Involvement in government subsidy (MSIPS) related activities.
Preparation of Detail Project Report (DPR) of new projects and lessoning with various government authorities viz. MEITY, Custom Authorities.

Education

Chartered Accountant -

ICAI

06.2013 - 07.2018

Skills

Budgeting & MIS Reporting

Proficient email management

Cost analysis and savings

Performance improvements

Spreadsheet, PowerPoint, MS Word

Timeline