SAP FICO
Prasad Venkatahari
Senior / Regional Financial Controller, Finance Business Manager, Finance Manager
Chennai,TN
Summary
Dynamic finance professional with extensive experience at Compass Group UK based in various parts of Middle East countries, excelling in cash flow optimization and financial controls. Proven track record in streamlining processes, enhancing reporting accuracy, and mentoring teams. Proficient in SAP FICO, leveraging critical thinking to drive strategic improvements and achieve cost savings.
Overview
20
20
years of professional experience
Work History
Finance Business Manager
Abu Dhabi National Hotels Compass
01.2023 - 02.2025
- Enhanced financial reporting by implementing new software systems and automating manual tasks.
- Continuously evaluated and improved finance department processes ensuring alignment with company objectives, industry best practices, and ever-changing business needs.
- Streamlined financial operations through the implementation of efficient processes, reducing errors and saving time for staff members.
- Negotiated favorable terms with vendors to reduce costs and improve payment flexibility.
- Complied with established internal controls and policies.
- Supported financial director with special projects and additional job duties.
- Collaborated with C-level executives and stakeholders to develop long-term financial plans.
Senior Financial Controller /Regional Financial Controller
Abu Dhabi National Hotels Compass
10.2011 - 12.2022
- Maintained a strong cash flow position by closely monitoring receivables, payables, and inventory levels.
- Managed a team of finance professionals, providing guidance and mentorship to support their professional growth.
- Increased efficiency in the finance department by identifying opportunities for process improvement, implementing new systems, and developing strong internal controls.
- Streamlined month-end closing procedures which resulted in reduced timeframes for financial reporting.
- Provided timely and accurate financial information to stakeholders through regular reports, presentations, and meetings.
- Managed payroll data entry and processing for 20K+ employees to comply with predetermined company guidelines.
- Completed year-end close processes through effective supervision financial functions and regular treasury transactions.
- Used SAP and QUICKBOOKS to prepare external audit documentation and financial reports to assist management in operational planning and key decision making.
- Oversaw accounts payable and receivable operations for Catering business with $60 Mil in monthly expenses.
- Supported program managers in providing procedural training on finance and accounting.
Chief Accountant / Finance Manager
Compass Group Qatar
01.2009 - 09.2011
- Completed year-end closing processes with controllers and external auditors.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Managed a team of accountants, fostering collaboration and professional growth for improved department performance.
- Assisted team members in transitioning to new system through extensive training and one-on-one support.
- Set up and improved accounting systems and processes to meet business needs and maximize operational success.
- Maintained accurate financial records by overseeing general ledger reconciliation efforts on a monthly basis.
- Developed annual budgets in collaboration with senior management, aligning resources with company objectives.
- Played an instrumental role during corporate restructuring periods; assisting in the identification, evaluation and execution of cost optimization measures that directly impacted company''s bottom line.
- Served as a strategic business partner to senior leadership by providing valuable financial insights, recommendations for improvement and accurate financial information necessary for decision-making processes.
Senior Accountant
Compass Group UK
01.2007 - 12.2008
- Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data.
- Reconciled accounts and created documents for monthly closure procedures.
- Successfully managed multiple high-stakes projects concurrently, consistently meeting deadlines while maintaining exceptional attention to detail and quality control.
- Achieved significant cost savings, negotiating favorable terms with long-term vendors.
- Collected and reported monthly expense variances and explanations.
General Accountant
Compass Group UK
12.2004 - 12.2006
- Managed accounts payable and receivable functions, maintaining accurate records and timely payments to vendors while collecting outstanding invoices.
- Reduced discrepancies in financial statements through meticulous attention to detail and regular reviews of account balances.
- Served as a key liaison between the accounting department and other functional areas within the company, working closely with managers to address financial issues that may impact their respective profit centers or divisions.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Provided journal entries and performed accounting on accrual basis.
Education
BBA - Business Finance And Banking
University of Madras
Chennai 04.2001 -
Diploma in Commercial Finance - Commerce
State Institute of Commerce
Chennai 04.2001 -
Skills
Cash flow optimization
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Work Preference
Work Location
On-SiteRemoteHybridImportant To Me
Work-life balanceFlexible work hoursCompany CultureWork from home optionQuote
Your time is limited, so don’t waste it living someone else’s life.
Steve Jobs
Software
QuickBooks
MS Office
Languages
English
Bilingual or Proficient (C2)
Tamil
Bilingual or Proficient (C2)
Telugu
Intermediate (B1)
Hindi
Intermediate (B1)
Arabic
Beginner (A1)
Timeline
Finance Business Manager
Abu Dhabi National Hotels Compass
01.2023 - 02.2025
Senior Financial Controller /Regional Financial Controller
Abu Dhabi National Hotels Compass
10.2011 - 12.2022
Chief Accountant / Finance Manager
Compass Group Qatar
01.2009 - 09.2011
Senior Accountant
Compass Group UK
01.2007 - 12.2008
General Accountant
Compass Group UK
12.2004 - 12.2006
BBA - Business Finance And Banking
University of Madras
04.2001 -
Diploma in Commercial Finance - Commerce
State Institute of Commerce
04.2001 -
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