Summary
Overview
Work History
Education
Skills
Timeline
Generic
Prakash M

Prakash M

Chennai

Summary

Result-driven finance professional experienced in financial planning & analysis and reporting. Well-versed in producing management reports, evaluating department operations and handling month- and year end closing. Meticulous, conscientious and methodical in approach

Overview

7
7
years of professional experience

Work History

Deputy Manager

Metayb Private Limited
Chennai
11.2023 - Current
  • Managed monthly books close process for business operations in Nigeria.
  • Led team initiatives to enhance operational efficiency and streamline processes.
  • Prepared monthly MIS reports for CFO review.
  • Conducted variance analysis to identify financial discrepancies.
  • Developed annual operating plan and latest estimates for budgeting purposes.
  • Approved payments to ensure timely financial transactions.
  • Supported SAP implementation through site visits in Nigeria.
  • Led a team of 9 reportees handling different entities and acting as a lead for Lush business entities across Africa.
  • Automated reporting processes using Power BI for improved data visualization.
  • Analyzed workflows to identify areas for improvement and implement changes.
  • Managed resource allocation to ensure timely completion of projects and tasks.
  • Mentored junior staff, providing guidance on best practices and problem-solving techniques.
  • Provided guidance and support to team members to help them achieve goals.
  • Recruited and trained new employees to meet job requirements.
  • Held regular one-on-one meetings with employees to review performance and priorities and provide feedback.

Finance Manager

Aban Offshore Limited
05.2023 - 11.2023
  • Analysis of new businesses, preparing business finance models with Equity IRR, Project IRR and submit to senior management to facilitate new business decisions
  • Monitored financial performance of new business
  • Framing MIS formats for new business for reporting purpose
  • Attended meetings with top management people to understand nuances of new businesses including financial/regulatory requirements of new business
  • Internal audit of group's closely held companies

Finance Manager

Apollo Speciality Hospitals, Trichy
02.2022 - 02.2023
  • Analyzed actuals against budget to prepare high-level variance analysis
  • Reviewed monthly reconciliation of bank accounts and took corrective actions on deviations
  • Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making
  • Receivables management – Collections follow-up, credit agreement management in HIS, TAT improvement in bills dispatch, provision determination, Receivables MIS preparation.
  • Decrease disallowance percentage by 80% in corporate bills.
  • Timely submission of Daily, Weekly & Monthly MIS preparation with 100% accuracy
  • Supported operational management, sales and marketing efforts to increase revenue and overall financial health
  • Trained existing staff members in various financial procedures to prepare for job requirements
  • TDS & GST working & review
  • Verification of inter-unit reconciliation
  • Preparation of business case for all CAPEX items
  • Annual Operating Plan preparation
  • Monthly accounting close & supporting on Quarterly/Annual audit requirements.
  • Creation of various surgery packages to increase volume
  • Review and approval of discounts given

Financial/Accounting Analyst

Ford Private Limited, Chennai
01.2019 - 01.2022
  • Material cost tracking for new product launches & reporting variances thereof from the approved amount to management
  • Monthly/Quarterly high value journals processing
  • Ensure proper recognition of revenue as per IRS 15 (Finished Vehicle Accounting System) in appropriate accounting period for locations handled
  • Ensure compliance with AS2 - Inventories for locations handled
  • Support for Audit Reviews
  • Inventory Aging Review
  • Ensure all assigned activities are completed within agreed time with highest quality and ensure that team metrics/ KPIs are met

Education

Chartered Accountant -

The Institute of Chartered Accountants of India
Delhi

Bachelor of Commerce -

SRN Sons College
Coimbatore

Skills

  • SAP
  • Oracle
  • Tally ERP 9
  • SAP Business Objects
  • MS Office
  • Team Work
  • Active Listener
  • Positive attitude
  • Adaptability
  • Problem Solving
  • Decision Making

Timeline

Deputy Manager

Metayb Private Limited
11.2023 - Current

Finance Manager

Aban Offshore Limited
05.2023 - 11.2023

Finance Manager

Apollo Speciality Hospitals, Trichy
02.2022 - 02.2023

Financial/Accounting Analyst

Ford Private Limited, Chennai
01.2019 - 01.2022

Chartered Accountant -

The Institute of Chartered Accountants of India

Bachelor of Commerce -

SRN Sons College

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Prakash M