Summary
Overview
Work History
Education
Skills
Personal Information
Timeline
Generic
Prasad S Kulkarni

Prasad S Kulkarni

Pune

Summary

Dynamic finance professional with extensive experience at Cummins India, excelling in strategic financial management and corporate governance. Proven track record in financial modeling and risk management, leading successful audits and compliance initiatives. Adept at resource allocation and fostering cross-border transactions, driving significant improvements in financial performance and reporting accuracy.

Overview

22
22
years of professional experience

Work History

Finance Controller – After-market Business

Cummins India
08.2024 - Current
  • Oversaw budget preparation and monitored departmental spending.
  • Analyzed financial statements to identify areas of cost reduction and increased revenue.

Interim CFO

Cummins India
12.2024 - 07.2025
  • Company Overview: Leading energy conversion company with more than 100 years of legacy
  • Directed financial strategy to align with overall business objectives.
  • Ensured compliance with regulatory requirements and financial standards.
  • Reviewed financial statements on a regular basis to ensure accuracy of reported information.
  • Managed the preparation of external audit reports in accordance with Generally Accepted Accounting Principles.
  • Oversaw budgeting processes to ensure resource allocation efficiency.
  • Managed risk assessment initiatives to identify potential financial threats.
  • Collaborated with executive team to drive strategic planning efforts.

FP & A + External Reporting + Controlling Lead

Cummins India
01.2020 - 07.2025
  • Company Overview: Leading energy conversion company with more than 100 years of legacy
  • Business partnering – working closely with India leader and CFO in formulating strategic and tactical planning e.g. Planning framework for measuring results.
  • Business insights on all business units through regular interactions with business teams, commercial side of the business, business models etc.
  • Board, Analyst interactions – actively engaged with CIL Audit Committee Chair on various matters associated with CIL external reporting. leading the preparation and planning for quarterly earnings calls, developing messaging for external purposes e.g. with analyst, media etc.
  • Led analyst interactions – individual as well as group
  • Participated in confidential and strategic projects at India region level
  • Actively engaged in monthly operations reviews, working closely with BU teams on monthly reporting and analysis
  • Participated in developing the pricing playbook for India region
  • Transitioned through 3 role expansions within Cummins, developed & led a strong team
  • Led the Corporate controlling function for India region
  • Ensured smooth external audit and handled external auditors’ transitions
  • Led the implementation of IFRS/Ind AS for Cummins India in collaboration with external auditors, Cummins leaders and the parent company functional teams
  • Dealt with the regulators on various statutory matters
  • India ESG/BRSR reporting; collaborated with various teams and auditors/consultants for successful reporting
  • Leading energy conversion company with more than 100 years of legacy

Finance Controller - Power Systems

Cummins India
02.2024 - 07.2024
  • Company Overview: Leading energy conversion company with more than 100 years of legacy
  • Leading energy conversion company with more than 100 years of legacy

External Reporting + Finance Automation Lead

Cummins India
08.2016 - 12.2019
  • Company Overview: Leading energy conversion company with more than 100 years of legacy
  • Leading energy conversion company with more than 100 years of legacy

External Reporting – team member

Cummins India
07.2014 - 07.2016
  • Company Overview: Leading energy conversion company with more than 100 years of legacy
  • Leading energy conversion company with more than 100 years of legacy

Audit Manager

Ernst & Young
02.2006 - 06.2014
  • Led the audits of large multinational companies in India and abroad
  • Participated and presented in Audit Committee/Board meetings
  • Ensured compliance of requirements related to large IPOs, QIPs, FCCB issues from audit perspective
  • Covered mergers, acquisitions, amalgamations, valuations, business cases etc. through audit assignments and ensured compliance with various requirements
  • Audited large banks and bank branches
  • Treasury audits for large banks
  • Internal audits of large companies

Audit Manager

Kirtane & Pandit, CA
02.2004 - 01.2006

Audit Manager

Sharp & Tannen, CA
07.2003 - 01.2004

Education

CA -

Institute of Chartered Accountants of India

Executive MBA - Cummins sponsored

SPJIMR

Certified Information Systems Auditor -

ISACA, US

Post graduation - Commerce

Pune University

Skills

  • Strategic assignments
  • Financial modeling
  • Financial reporting
  • Forecasting
  • Corporate governance
  • Listing requirements
  • GAAP
  • US GAAP
  • IFRS
  • Ind AS
  • Automation
  • Tax planning
  • Consulting
  • Cross border transactions
  • Risk Management
  • Resource Allocation
  • Capital Management

Personal Information

Title: Finance Director / Chief Financial Officer

Timeline

Interim CFO

Cummins India
12.2024 - 07.2025

Finance Controller – After-market Business

Cummins India
08.2024 - Current

Finance Controller - Power Systems

Cummins India
02.2024 - 07.2024

FP & A + External Reporting + Controlling Lead

Cummins India
01.2020 - 07.2025

External Reporting + Finance Automation Lead

Cummins India
08.2016 - 12.2019

External Reporting – team member

Cummins India
07.2014 - 07.2016

Audit Manager

Ernst & Young
02.2006 - 06.2014

Audit Manager

Kirtane & Pandit, CA
02.2004 - 01.2006

Audit Manager

Sharp & Tannen, CA
07.2003 - 01.2004

CA -

Institute of Chartered Accountants of India

Executive MBA - Cummins sponsored

SPJIMR

Certified Information Systems Auditor -

ISACA, US

Post graduation - Commerce

Pune University

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