PRASAD GURUMURTHY
Chartered Accountant
Chennai,TN
Summary
Accomplished and dynamic Chartered Accountant with over 18 years of professional experience in financial management, budgeting and forecasting, and strategic planning. Adept at leading cross-functional teams, optimizing financial processes, and implementing cost-saving initiatives. Proven track record of optimizing financial operations, delivering accurate planning and analysis, and fostering compliance with regulatory standards. A trusted leader in leveraging expertise to support informed decision-making at the executive level.
Overview
19
19
years of professional experience
Work History
Head Cost Controller
RNTBCI
12.2012 - Current
- Leading cost control operations for a company with an annual turnover of $200M
- Collaborating closely with the CFO and top strategic committee to define annual competitiveness targets
- Driving a competitive mindset across the organization to enhance efficiency and achieve cost savings
- Leading budgeting and forecasting processes to align financial plans with business objectives
- Overseeing customer contracts to ensure favorable terms and compliance with financial policies
- Ensuring timely invoicing and collections to optimize cash flow and working capital management
- Analyzing and presenting monthly financial dashboards, providing key insights to senior management
- Ensuring compliance with statutory and internal audit requirements while maintaining financial accuracy
- Implementing financial strategies to drive cost optimization and improve profitability
Deputy Manager
Deloitte
02.2011 - 10.2012
Assistant Manager
Ernst & Young
06.2006 - 01.2011
Qualified Trainee
Price Waterhouse Coopers
02.2006 - 05.2006
Education
Chartered Accountant -
Institute of Chartered Accountants of India
11.2005
Bachelor's of Commerce -
Madras University
05.2004
Skills
- Cost benchmarking
- Supplier relationship management
- Cost reconciliation
- Earned value management
Languages
English
Hindi
Tamil
Kannada
Key Strengths And Achievements
- Achieved $20M in Cost Savings by collaborating with department heads to streamline processes and identify cost reduction opportunities.
- Secured Over 95% Budget Accuracy, ensuring precise financial planning and optimal fund allocation at the group level.
- Led the Implementation of Internal Financial Tools, including budget input systems, monthly financial dashboards, travel management, and expense claim automation, enhancing efficiency and transparency.
Personal Information
- Date of Birth: 07/29/81
- Nationality: Indian
Training
Leadership in action and performance (LEAP), Managing conflict of interest., Adapt Manage and Drive change, Emotional intelligence for Managers, Many more RN Alliance trainings, Intermediate training in IFRS, Intermediate and advanced training in IFRS, Intermediate and advanced training in accounting, auditing and assurance, Training for presentation and negotiation skills, Training on the audit documentation software (GAMx and caseware)
Personal Qualifications
- Chartered Accountant, Institute of Chartered Accountants of India, 11/01/05
- Bachelor's of Commerce, Madras University, 05/01/04
Timeline
Head Cost Controller
RNTBCI
12.2012 - Current
Deputy Manager
Deloitte
02.2011 - 10.2012
Assistant Manager
Ernst & Young
06.2006 - 01.2011
Qualified Trainee
Price Waterhouse Coopers
02.2006 - 05.2006
Bachelor's of Commerce -
Madras University
Chartered Accountant -
Institute of Chartered Accountants of India
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