Karunakaran P
Chennai
Summary
Strategic Finance Professional with 14+ years of experience in Financial Planning & Analysis (FP&A), Budgeting, Forecasting, Financial Reporting, Cost Management, Working Capital Optimization, and Regulatory Compliance. Proven track record in driving cost efficiencies, supporting business decision-making through financial insights, cash flow planning, variance analysis, and management reporting. Experienced in SAP, Oracle, Advanced Excel, and VBA automation with strong stakeholder management and leadership skills.
Overview
14
14
years of professional experience
Work History
Assistant Vice President – F&A
Mizuho Global Services India Pvt Ltd
10.2022 - 04.2026
- Managed annual operation expenditure budget exceeding INR 300 Million, delivering 10% cost optimization through financial planning, budget monitoring, and variance analysis.
- Developed templates for all journal entry reporting to management, reducing effort equivalent to 1 FTE and saving 200 hours annually.
- Converted procured assets into leased equipment to bring a cashflow of 100 Mio INR to the company.
- Performed detailed variance and profitability analysis, identifying cost-saving opportunities that reduced variable expenses by 17% and generated savings of INR 50 Million.
- Received the Star of the Year award for completing year-end reconciliations without any errors, contributing to a 100% accuracy rate.
Senior Officer – F&A
Mizuho Bank Ltd
12.2013 - 10.2022
- Fixed asset accounting preparation and compliance report preparation.
- Supported 5-year financial planning by preparing long-term forecasts, expense projections, cash flow analysis, and strategic budgeting to support management decision-making and business growth initiatives.
- Statutory TDS Filing, Service tax and RBI Reporting.
- Supported GST Migration process and registration GST matters with filing of GSTR1 & GSTR3B.
- Service Tax scrutiny addressed and obtained clearance without any defaults.
- Executed reporting for Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio to ensure compliance with Basel III regulatory standards.
Accounts & Finance Executive
Sri Kirthika Builders Pvt Ltd
03.2013 - 12.2013
- Streamlined invoice procedures, improving cash flow management and reducing processing errors.
- Analysed sales turnover and prepared accurate financial reports for audits.
- Trained and mentored junior finance staff, ensuring accurate accounting and financial reporting.
- Improved budget forecasting by developing new financial models for cash flow analysis, enhancing visibility into financial performance.
- Identified inefficiencies in the financial reporting process and implemented solutions that reduced processing time by 25%.
- Coordinated relationships with vendors and contractors, negotiating terms and improving cash flow management across multiple projects.
Accounts & Finance Executive
Alameen International Ltd
07.2012 - 03.2013
- Handled post-transaction entries to journals and ledgers, ensuring compliance with internal control policies.
- Finalized books of accounts, ensuring timely audits and accurate financial reporting.
- Coordinated with legal authorities for building approvals, ensuring smooth project execution.
- Streamlined the approval and payment processes for construction-related invoices, reducing processing time by 20%.
- Developed and implemented a tracking system for pending payments, improving cash flow predictability.
- Managed financial reconciliation processes, ensuring alignment with internal financial reporting standards.
Education
MBA - Finance & Marketing
Sri Ram Engineering College
Chennai, India01-2012
Bachelor of Arts - Commerce & Accounting
D.G. Vaishnav College
Chennai, India01-2009
Skills
Annual Budgeting
Financial Planning & Analysis (FP&A)
Cash flow analysis
Working capital management
Account Receivable and Payable
Cost control measures
Management Reporting (MIS)
Profitability Analysis
Statutory Audit
Taxation Management
Timeline
Assistant Vice President – F&A
Mizuho Global Services India Pvt Ltd
10.2022 - 04.2026
Senior Officer – F&A
Mizuho Bank Ltd
12.2013 - 10.2022
Accounts & Finance Executive
Sri Kirthika Builders Pvt Ltd
03.2013 - 12.2013
Accounts & Finance Executive
Alameen International Ltd
07.2012 - 03.2013
Bachelor of Arts - Commerce & Accounting
D.G. Vaishnav College
MBA - Finance & Marketing
Sri Ram Engineering College