Summary

Overview

Work History

Education

Skills

Declaration

Timeline

Pradyumna Kumar Nayak

Senior executive finance

Chennai

Summary

Accomplished and detail-oriented Finance Professional with 12 years of progressive experience in Financial Planning & Analysis (FP&A), Controlling, Financial Reporting, Accounting, Taxation, and Internal Audit across global environments.
Strong expertise in IFRS 15 (Revenue Recognition), IFRS 16 (Lease Accounting), IAS 21 (Foreign Exchange Transactions), IAS 16 (PPE) and IFRS 11 (Joint Arrangements).
Skilled in financial statement preparation, variance analysis, project accounting, and management reporting.
Adept at process automation, ERP implementations, and system enhancements to drive efficiency and accuracy.
Experienced in statutory audit support, balance sheet reconciliation, and financial consolidation under global reporting frameworks.
Proficient in Power BI, SmartView, and Oracle FCCS for analytics, visualization, and reporting automation.
Known for strong analytical thinking, leadership, and a commitment to continuous improvement and compliance excellence.

Overview

years of professional experience

Work History

Senior Executive – Finance (Controlling)

Petrofac Limited

03.2024 - Current

Implement and manage revenue recognition processes under IFRS 15, ensuring compliance and accuracy in project-level reporting.
Prepare and analyze Profit & Loss and Cash Flow Statements, providing strategic insights to management.
Oversee project accounting including tracking of revenue, cost, margin, and taxes to ensure project profitability.
Conduct balance sheet reconciliations and perform cleanup activities to maintain reporting integrity.
Manage lease accounting under IFRS 16, including the recognition and measurement of right-of-use assets and lease liabilities.
Handle foreign exchange accounting in compliance with IAS 21.
Manage fixed asset accounting, covering capitalization, depreciation, disposal, and transfers.
Support statutory financial statement preparation, ensuring adherence to regulatory standards.
Coordinate internal and external audits, providing audit evidence and addressing queries effectively.
Drive process improvement and automation initiatives, enhancing accuracy and efficiency across functions.
Manage Joint Venture (JV) accounting as per IFRS 11, ensuring accurate reporting and allocation of costs and revenues.
Actively contributes to ERP implementation and user training for smoother system transitions.
Lead year-end financial review, analytical procedures, and contract summary reporting.

Business Analyst – Finance

Randstad India Pvt. Ltd

12.2021 - 03.2023

Prepared annual budgets and monthly forecasts for revenue and expenditure.
Performed variance analysis, identified key cost drivers, and presented findings to executive management.
Supported business operations by posting and validating entries for accruals, prepaids, amortizations, and reversals.
Prepared monthly MIS reports, including P&L, YTD performance, and financial variance insights.
Prepared contract-level revenue and cost files, and managed employee incentive calculations as per policy.
Designed and delivered KPI dashboards and Compass performance reports for senior leadership.
Partnered with IT and process teams to automate ERP reporting, improving the accuracy and timeliness of management reports.

Process Expert / Specialist – Finance

Future Pipe Industries Pvt. Ltd (SSC)

10.2020 - 12.2021

Managed monthly P&L preparation, trial balance reviews, and GL variance analysis.
Supported budget preparation, variance analysis, and management commentary.
Handled fixed asset accounting including CWIP, capitalization, depreciation, and disposals.
Executed bank and intercompany reconciliations ensuring accurate financial reporting.
Prepared provisions for bad debts, warranty, and inventory in line with company policy.
Processed lease transactions for land, buildings, vehicles, and equipment under IFRS 16.
Generated MIS and statutory reports for quarterly, semi-annual, and annual reviews.

Service Delivery Operations Analyst

Accenture Solutions Pvt. Ltd (Client: Schlumberger)

02.2017 - 10.2020

Managed monthly forecasting and reporting of P&L accounts for multiple business units.
Conducted variance analysis and implemented corrective actions to ensure fair presentation of results.
Prepared and posted journal entries for accruals, prepaids, depreciation, and amortization.
Performed intercompany reconciliations and cost allocations (Recharge In/Out, Reclass, etc.).
Delivered quarterly and annual financial reports, ensuring accuracy and adherence to deadlines.
Proposed and implemented process improvements for better accuracy and faster closing cycles.
Provided team training and guidance, ensuring standardization across reporting processes.

Accounts Executive

Fortune Group

08.2015 - 02.2017

Maintained books of accounts in Tally ERP and supported daily accounting operations.
Handled vendor and customer reconciliations, petty cash management, and TDS compliance.
Prepared monthly BRS, journal entries, and assisted in internal reporting.

Accountant

Ansu Infra Services Pvt. Ltd

01.2012 - 09.2013

Managed daily accounting operations, including bank reconciliation and vendor payments.
Prepared TDS returns, BRS, and monthly financial statements.
Supported management in maintaining accurate ledgers and schedules.

Education

ICWA (Inter) -

The Institute of Cost Accountants of India

India

01.2012

B.Com (Bachelor of Commerce) - undefined

Utkal University

India

01.2010

Skills

ERP Systems: SAP FICO, Oracle Fusion, Lawson, LN

Financial Consolidation & Reporting Tools: FCCS, SmartView, Power BI, Looker

Accounting Software: Tally ERP 90

Productivity Tools: Advanced MS Excel, PowerPoint, and Word

Financial Planning & Analysis (FP&A)

Financial Reporting (IFRS, IND AS)

Project & Cost Accounting

Balance Sheet Reconciliation & Cleanup

Statutory & Audit Support

ERP Implementation & Automation

Management Reporting (P&L/ BS / Cash Flow)

Joint Venture Accounting

Business Process Improvement

Process Improvement & Control Framework