Prakash C B
Chartered Accountant
Ballari
Summary
Well-qualified financial systems leader offering demonstrated skill and success in managing internal accounting processes, improving controls and strengthening systems for optimal performance. Proficient in all aspects of accounting, including accounts payable and receivable, budget administration and payroll. Gifted in building and leading solid teams to handle high-volume operations with consistency, accuracy and full compliance with regulatory requirements.
Overview
8
8
years of professional experience
13
13
years of post-secondary education
2
2
Languages
Work History
Head of Finance
Yantralive Parts Technology Private Limited
Bengaluru
04.2022 - Current
- Handling a finance team - Daily Accounting Process, Treasury operations, Book Keeping and Documentation.
- Monitoring compliance/documentation requirement for all laws like Companies Act, Income Tax Act, and GST.
- Fund rising for the company - Equity/ CCPS/CCD from Investors, Working Capital/ Term Loan from Banks and customized Fintech loans from NBFCs.
- Monitoring the export business - Export Documentation, Coordinating with the AD Bank for submission of documents and realization of export receipts.
- Preparation and monitoring the budgets and coordinating with the AR Team and AP Team for the budgets and performances by analyzing the past data and opportunities available in the present conditions.
- Monthly Management Report (MIS) including Cash Flow, Annual budget process and periodic analysis of financial performance
- Maintaining the balanced liquidity position in the company through Credit Policy Changes.
- Business modelling for the Joint Ventures/ Projects for building the remanufacturing plant.
- Coordinating with the External Auditors
Accounts & Finance Manager
Marchad Group of Companies
Ballari
04.2020 - 03.2022
- Monitoring Book Keeping, Receivable & Payable Management
- Securing bank finance – Working Capital and Term loan for setting up the infrastructure of Custom Hiring Service Centers (CHSC)
- As a part of Central & State Govt. Project in the name of KRISHI YANTRA DHARE - CHSC is to provide timely machinery support to their farm work on Rental Basis
- Preparation of project reports for Ballari Municipal Corporation (BMC) for seeking loan from Karnataka Urban Infrastructure Development Finance Corporation (KUIDFC) for construction of Vegetable Market and Commercial Complex at Ballari
- Solving the recovery notices of the bank for Corporate NPA accounts includes filing replies to the bank, applying to the Debt Recovery Tribunal (High Court of Karnataka) for sorting the interim and conclusive relief under SARFAESI Act
- Preparation of Financial Statements in accordance with the Companies Act and other applicable rules
- Filed Writ petitions and appeals before the tribunal for sales tax disputes and working on CIT appeals
- Worked as consultant for Farmer Skill Development Program, CSR activity, in training the farmers in developing the skills in various Agri equipments such as Tractors, Combine Harvesters, Laser Levelers, Rotavators, etc.
Article Assistant
Nagesh & Mylar Chartered Accountants
03.2015 - 03.2018
- Part of as a team member in statutory audits of different companies which spread across different industries
- Part of as a team member of Internal audits, Tax audits, Bank Audits and VAT audits
- Preparation of Financial Statement in accordance with Schedule III of the Companies Act, 2013 and drafting Audit report as per the requirements of the Auditing Standards and Companies Audit Report Order (CARO)
- Computation of Income tax and filing of returns for Cooperates and Individuals
- Income Tax and Sales tax Scrutiny & Appeal Cases and Compliance with various Enquiries, Notices & Orders issued by Revenue Authorities
- Labour law Compliances with various Enquiries, Notices & Orders issued by Labour Department Authorities
- Assessment of Property/ Municipal tax and handled property tax cases
Education
Chartered Accountant -
Institute of Chartered Accountants of India
Bengaluru 05.2013 - 11 2019
B. Com -
Institute of Chartered Accountants of India
Bengaluru 06.2015 - 06.2016
XII -
Indira Gandhi National Open University (IGNOU)
06.2012 - 03.2023
X -
Jawahar Navodaya Vidyalaya, Board of Secondary Education (CBSE)
Ballari 06.2010 - 03.2011
Skills
Proficient in business application software’s viz MS-Excel, MS-Word, MS-PowerPoint, etcundefined
Timeline
Head of Finance
Yantralive Parts Technology Private Limited
04.2022 - Current
Accounts & Finance Manager
Marchad Group of Companies
04.2020 - 03.2022
B. Com -
Institute of Chartered Accountants of India
06.2015 - 06.2016
Article Assistant
Nagesh & Mylar Chartered Accountants
03.2015 - 03.2018
Chartered Accountant -
Institute of Chartered Accountants of India
05.2013 - 11 2019
XII -
Indira Gandhi National Open University (IGNOU)
06.2012 - 03.2023
X -
Jawahar Navodaya Vidyalaya, Board of Secondary Education (CBSE)
06.2010 - 03.2011
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