Summary
Overview
Work History
Education
Skills
Accomplishments
Summary
Languages
Projects
Timeline
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Srikanta Prasad R

Srikanta Prasad R

FP&A Manager – Product costing & Transfer pricing
Bangalore

Summary

Strong leader and problem-solver dedicated to streamlining operations to decrease costs and promote organizational efficiency. Uses independent decision-making skills and sound judgment to positively impact company success.

Overview

14
14
years of professional experience
5
5
years of post-secondary education

Work History

Senior Manager – Costing & Transfer Pricining

Haleon
07.2023 - Current
  • Managed end to end Annual cycle and Data governance process to maintain standard cost and transfer prices for 22000 SKU`s
  • Eliminating intercompany profit (£2.9bn annually) on end to end basis to support accurate monthly reporting of Haleon group results
  • Transition Management – Supply chain function from UK to Bangalore GCC
  • Responsible for global Governance requirements for standard setting and transfer price held in SAP IC profit Tracking system
  • Established Network change project to deliver sourcing benefit throughout entity at zone Level.
  • Leading a team of 8 members who are BPO partner by providing strategic direction
  • Ensuring Audit queries are answered by timely manner by strong compliance mind-set adherence to SOX Control
  • Promoted a culture of continuous learning through regular workshops, seminars, and cross functional training.

Manager Europe Transfer pricing

Anheuser Busch InBev (GCC Services-FMCG)
01.2018 - Current
  • Process: - Europe Supply FP&A
  • Calculation of Standard cost for Brewery & Logistic Operations
  • Preparation of P&L variance analysis for VIC and VLC
  • Presenting monthly Supply Chain Financial Data (SCFD) for 5 Breweries and 2 Logistics Operations across Belgium
  • Providing Organic variance analysis for Brewery FP&A`s and regional Directors
  • Estimation of Risk and Opportunities by Forecasting LE numbers on monthly basis
  • Preparation of 1YP and 3YP Plan for Brewery & Logistic Operations
  • Managing the Flex and Recovery costs & ensure reporting accuracy in Supply Chain results
  • Involving in budget cycle by preparing bottom-up numbers
  • Costing and calculating Transfer price for Nordic & Danube regions
  • Responsible for calculating TP for Elbe, connect and HQ06 ows
  • Consolidation of Global TP data Module
  • Lead TP budget process
  • Preparation of Europe consolidated SCFD report
  • Member of Europe TP Governing process

Team Lead

Tesco HSC - Retail
12.2014 - 01.2018
  • Process: - HQ FP&A
  • Preparation of Performance Reports for Sales, Expense overhead and Operating Prot for Tesco Hospitality Business
  • Variance Analysis of Operation expenses by providing insight commentary
  • Preparation of rolling forecast on a periodic basis
  • Setting up Budget for Site Expenses
  • Preparation of Cash ow statement
  • Variance analysis of cash ow with Actuals verses Forecast

Senior Analyst

GE Health Care - Manufacturing
02.2010 - 12.2014
  • Process: - Plant FP&A
  • Cost rollup for new product introductions at Engineering stage & calculating Standard cost for Engineering & Manufacturing units
  • Calculation of Transfer Price
  • Estimation of Base, Variable cost, Inventory & Sales for the modalities
  • FIFO roll back for the legal entity
  • Variance analysis of sales & inventory with Actual VS Budget VS Operating Plan
  • Month/Quarter closing Activities: Re-class entries for certain Variable and Base cost items, Modality correction entries
  • Providing Inputs for Audits & management for any queries related to Costing
  • Roll up/ setting up of Operating plan for Upcoming year
  • Cost center wise allocation of common expenses
  • Estimation of FX Gain/Loss on realization
  • Generating Open Purchase Order report and analyzing to provide provision for expenses
  • Preparation of Consumption statement for the major consumables
  • Preparation of Monthly Purchase summary

Education

Master of Business Administration - Finance and Tax

University of Mysore
08.2007 - 05.2009

Bachelor of Commerce - Accounting & Taxation

University of Mysore
07.2004 - 05.2007

Skills

Product Owner Analysis of cost accounting system

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Accomplishments

  • Brought new Control report for VLC Rate Recovery which Reconcile VLC conditions at sales order level with impact of reduction of MOM Recovery Gap from 1.4 million to 5K
  • Investigated and resolved potential revenue leakage areas in Cash Discount coupons which had impact of 4 million.
  • Successful Transition of costing role for Nordic & Danube regions from vendor (Accenture & Infosys)
  • Transform Excel TP data into Anaplan Web based tool
  • Implemented new T-code (ZM-410) in ERP which reconcile 3-way match between PO, SO & Anaplan Data
  • Development of BOT for setting Price conditions in ERP.

Summary

  • Anheuser Busch InBev (GCC Services-FMCG), Manager Europe Transfer pricing, 01/2018, Present, Calculation of Standard cost for Brewery & Logistic Operations, Preparation of P&L variance analysis for VIC and VLC, Presenting monthly Supply Chain Financial Data (SCFD) for 5 Breweries and 2 Logistics Operations across Belgium, Providing Organic variance analysis for Brewery FP&A`s and regional Directors, Estimation of Risk and Opportunities by Forecasting LE numbers on monthly basis, Preparation of 1YP and 3YP Plan for Brewery & Logistic Operations, Managing the Flex and Recovery costs & ensure reporting accuracy in Supply Chain results, Involving in budget cycle by preparing bottom-up numbers, Costing and calculating Transfer price for Nordic & Danube regions, Responsible for calculating TP for Elbe, connect and HQ06 flows, Consolidation of Global TP data Module, Lead TP budget process, Preparation of Europe consolidated SCFD report, Member of Europe TP Governing process
  • Tesco HSC - Retail, Team Lead, 12/2014, 01/2018, Preparation of Performance Reports for Sales, Expense overhead and Operating Profit for Tesco Hospitality Business, Variance Analysis of Operation expenses by providing insight commentary, Preparation of rolling forecast on a periodic basis, Setting up Budget for Site Expenses, Preparation of Cash flow statement, Variance analysis of cash flow with Actuals verses Forecast
  • GE Health Care - Manufacturing, Senior Analyst, 02/2010, 12/2014, Cost rollup for new product introductions at Engineering stage & calculating Standard cost for Engineering & Manufacturing units, Calculation of Transfer Price, Estimation of Base, Variable cost, Inventory & Sales for the modalities, FIFO roll back for the legal entity, Variance analysis of sales & inventory with Actual VS Budget VS Operating Plan, Month/Quarter closing Activities: Re-class entries for certain Variable and Base cost items, Modality correction entries, Providing Inputs for Audits & management for any queries related to Costing, Roll up/ setting up of Operating plan for Upcoming year, Cost center wise allocation of common expenses, Estimation of FX Gain/Loss on realization, Generating Open Purchase Order report and analyzing to provide provision for expenses, Preparation of Consumption statement for the major consumables, Preparation of Monthly Purchase summary

Languages

English
Kannada
Hindi
Tamil

Projects

Anaplan (Integrated Business Planning) IBM Cognos TM1 Power BI HFM

Timeline

Senior Manager – Costing & Transfer Pricining

Haleon
07.2023 - Current

Manager Europe Transfer pricing

Anheuser Busch InBev (GCC Services-FMCG)
01.2018 - Current

Team Lead

Tesco HSC - Retail
12.2014 - 01.2018

Senior Analyst

GE Health Care - Manufacturing
02.2010 - 12.2014

Master of Business Administration - Finance and Tax

University of Mysore
08.2007 - 05.2009

Bachelor of Commerce - Accounting & Taxation

University of Mysore
07.2004 - 05.2007
Srikanta Prasad RFP&A Manager – Product costing & Transfer pricing