SUDHAKAR
CHARTERED ACCOUNTANT , COST ACCOUNTANT
Ambathur
Summary
Aiming for challenging career opportunities in Finance & Accounts & Costing with an organization of repute Preferred Sector: Manufacturing industries
An astute professional offering over 27 year’s and 8 monthsexpertise in Finance & Accounts, Budgeting, MIS, Payroll Management, Taxation, Auditing , Planning & Cost controller. Deft in conceptualizing and implementing financial procedures, including working capital management, internal financial controls and costing. Adept in handling modern accounting systems with proficiency in preparing and maintaining books of accounts and financial statements. Proficient in entire financial operations as well as company audits & tax functions and preparing reports thereon. An effective leader with excellent communication, analytical, team building and relationship management skills.
Overview
27
27
years of professional experience
1
1
Language
Work History
Vice President Finance
GT Bharathi Urban Developers Pvt Ltd
05.2025 - Current
- Led end-to-end IPO readiness and execution for real estate / infrastructure businesses, including DRHP preparation, issue structuring, and coordination with merchant bankers, legal advisors, auditors, and registrars
- Deep working knowledge of SEBI (ICDR) Regulations, Listing Obligations, and disclosure requirements applicable to real estate developers
- Experience in financial restatement and Ind AS transition for IPO purposes, including consolidation of SPVs, JVs, and LLP structures common in real estate
- Strong expertise in project-wise accounting, revenue recognition under Ind AS 115, cost capitalization, WIP, inventory valuation, and margin analysis for residential and commercial projects
- Managed due diligence (financial, tax, legal) including title risks, land aggregation structures, related-party transactions, and contingent liabilities
- Prepared IPO financial models, valuation support, peer benchmarking, and investor presentations focused on cash flows, NAV, and project IRRs ands-on experience with working capital optimization, debt restructuring, and pre-IPO deleveraging to strengthen balance sheet metrics
- Oversaw compliance with RERA, ensuring alignment between regulatory disclosures and offer documents
- Led interaction with institutional investors, analysts, and rating agencies during roadshows and pre-IPO placements
- Post-listing experience in quarterly financial reporting, investor relations, earnings calls, and corporate governance frameworks
- Led finance function for ₹1,200+ Cr residential & commercial portfolio
- Structured project finance & construction loans exceeding ₹500 Cr
- Improved project IRR by 3–5% through cost optimization and cash flow planning
- Implemented project-wise MIS and cash flow forecasting
- Managed RERA, GST, Income-tax, TDS, and statutory compliances
- Negotiated funding with banks, NBFCs, private equity, and JV partners
- Oversaw land acquisition financial due diligence and valuation
- Strengthened internal controls, reduced audit observations to NIL
- Handling the Team in Day to day activities in compliance
- No. of Years: 1 Year
Group Chief Financial Officer
Marg Ltd
11.2022 - 05.2025
- Handling Income tax assessments’ in timely with our grounds.
- Handling Tds prosecution cases for our group of companies
- CIT Appeal filed with our merits documents and got favour order in Incometax
- Refund of 3 crores claimed after assessment completed in Incometax
- Cordinate with Advocate for EOC filed cases in TDS
- Handled ITAT and CIT for Incometax issues in Financials and Long time O/s
- Handled CESTAT for not transferred Servicetax Thru Tran -1 in GST
- Controlling the accounts department for financial preparation
- Income tax filing handled with our Taxation team for 195 companies
- Handling GST Monthly returns filing
- Handling GST Annual returns filing
- Applied refund for SEZ company
- Handling EQuarter filing of TDS return
- No. of Years: 2 Years & 6 Months
Director–Finance and Taxation
Enggnode Private Ltd
09.2017 - 11.2022
- Filing of GST returns with in the due dates.
- Provide training to our team to handle the GST compliances related to payment of GST and return filing
- Review of input credit services and capital goods, which is eligible to be carried forward in the GST regime
- Monthly 2A and 3B reconciliation
- GST Refund apply on Purchases for Export business/Excess credit
- Preparation of statement for complete breakup GST tax payment /Annual return and GST Audit
- Applying GST refund for Exporting goods
- Handled GST Audit for 5 years data’s
- Tds monthly remittance and Equator filing
- Quarterly basis Advance tax preparation and downloading Form 16A & Form16
- Income tax return filing for Individual (NRI & Indians) and Company
- Handling Income tax appeal & assessments
- Handling tds refund issues from Income tax departments.
- Coordinate with auditors for Audit Reports and making recommendations in order to ensure that accounts are prepared and maintained in conformance to statutory obligations.
- Supports given for documents submission for Transfer pricing return filing
- Accounts finalization
- Incometax tax filing
- Discussed With Client regarding the business Process Study, and Gap Analysis, with core team
- Understanding of legacy business process. (SAP ECC 6.0 Using)
- Preparation of Business As is Process and TO BE Process with flow chart and Finalization of Business Blue print
- Basic Configuration and Final Configuration
- Unit testing, scenario testing, integration testing and user accepting testing
- Customization settings for CO-CEA, CCA and Internal Orders
- Configuration settings for PCA (Document Split)
- Configuration settings for Product costing (MTS)
- Configuration of Cost Center Assessment cycle, Cost Center Distribution Cycle and COPA Assessment Cycle
- Configuration settings for CO-PA
- Configuration settings for Material Ledger
- Report Painter Report in CO -PA
- Report Painter Report in CO-PCA (Profit Center)
- All the production issues related to Finance & Controlling
- Customization for additional activities such as User Defined reports using Report Painter
- Involved cutover activities.
- Upload of Master Data through LSMW
- User training and preparation of user manual & Configuration Manual
- Analyzing the assigned tickets and providing satisfactory resolution to the user within the time frame
- Checklist prepared for month end closing activities
- All the entries to be accounted in SAP
- Stock closing entries to be accounted in SAP
- Blocking backdated entries in SAP
- Fluctuation running in SAP
- Depreciation run
- Costing Run
- Matching PL ledger values with FI and CO
- Financial preparation as per INDAS
- B/sheet,PL preparation with schedule & sub schedules, Notes of account preparation
- Form3CD, Form3CD & annexure preparation
- Directors reports, Audit report, Form 3CA
- Schedule VI & For.32(Shareholders change)
- ROC filing-Ministry of Affairs(MCA)
- Maintain Fixed asset register with asset class wise.
- Segregation of Asset from AUC to Asset classwise.
- Cost centre centre creation of each Asset class.
- Monitor the Gain/Loss of Asset after sale of asset
- Monthly depreciation run from SAP
- Handling Accounts receivable and payable with Ageing wise analysis
- Preparing funds flow and cash flow statements to monitor the inflow & outflow of funds.
- Determining capital requirements and liaising & negotiating with banks & financial institutions for raising fund and non-fund based facilities to meet working capital and project requirement (CMA data & Synopsis).
- Settling Branch payment, Vendor payment and Project advances.
- Formulating budgets and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions.
- Supervising the preparation of MIS reports and other statements to provide feedback to top management on financial performance viz. fund management, credit control, profitability, etc
- No. of Years: 5 Years & 2 Months
AGM–Finance & Accounts
Myoung Shin India Automotive Pvt Ltd
05.2013 - 08.2017
- Managing financial operations involving designing & implementing systems, policies & procedures to facilitate internal financial control towards accomplishment of organizational goals.
- Overseeing the preparation & maintenance of statutory books of accounts, payroll accounts, reconciliation statements and financial statements.
- Ensuring timely payments to world vide suppliers as per the agreed terms with the suppliers;
- Preparing monthly Trial Balances, P&L Account, Cash Flow Statement and Balance Sheet; controlling Payable (AP) sections.
- Undertaking Branch Reconciliation, Bank Reconciliation and reconciliation of bills receivables (AR), payables (AP), bank accounts statements, receivables (AR) and payables.
- Preparing DP Statement (Drawing of Power) for Bank every month.
- IFRS Reporting sent to Korea
- KGAAp depreciation Preparation
- Fluctuation calculation conversion to INR
- Concenterwise Cost saving plan preparation.
- Balance sheet and PL preparation
- Handling the IFRS audit work with Parent company (Korea)
- All the Import and location purchase will be match with SAP
- Asset class verification in Sap and bills
- Monthend closing plan should be followed and checked in audit whether everything accounted in SAP
- Annexures submission to DGFT dept for Moulds transfer thru 4/5a challan.
- Vendor surprise audit for EPECG scheme & CEPA scheme moulds
- Coordinate with our customer for EPECG License apply for our vendor for Die supply.
- Handling Customs compliances & bonded warehouse activities.
- Provide daily support to the India based teams on all issues relative to asset management, purchase requests, customs clearance, equipment delivery and Customs compliance.
- Monitor the clearance activities performed in the clearance department to ensure that the clearance
- Operation runs timely which shipments are cleared in a timely manner and that they satisfy the regulatory and customer
- Customs documentation and Follow-up
- Maintain tracking & records for Material import & Export.
- Successfully handled various JV (Joint Venture) projects across India.
- Conducted Branch & Bank Reconciliation of accounts.
- No. of Years: 4 Years & 3 Months
Head –Finance & Accounts
ICMC Corporation Ltd
10.2004 - 05.2013
- Acquired exposure of dealing with salary matters of 200 Employees.
- Handled Sales Tax, and Import/Export matters
- Served as In-charge of all financial and non financial Controlled 10 CA and CC / OD Accounts.
- Data merging for all interbranch to finalize the accounts & forecasting of Budgeting.
- Provisional Balance sheet & Profit & Loss
- Renewal application
- Board of resolution
- Audited balance sheet
- CMA data
- FLC opening from Bank, Interest for Margin money deposit
- Monthly sales tax returns, Monthly Service tax statement-
- Preparation the reports for Tds remittance
- The reconciliation work for Debtors & creditors’ & Inter branches
- Handled Central excise registers(PLA,RG23A,RG23C)
- Served online E-payment & return filing of Central excise & Vat
- Cash books, Bank books, Purchase & Sales registers, Petty cashbooks
- Payment advice, Journal registers & Bank Reconciliation Statement
- Preparation of export documents & import payments
- Purchase order, Sales order, Delivery Challan, GRN
- Receipt note, Debit note, Credit note
- Purchase bills & Sales bills
- Stock transfer Godown to Go-downs
- Manufacturing Stock Journal
- Estimation of manufacturing cost of the product –using Tally.
- No. of Years: 9 Years & 1 Month
Internal Audit
SVM Associates – Chartered Accountants
01.1999 - 09.2004
- Concurrent Auditing In Indian Overseas Bank - (R. K .Salai)
- Internal audit visit with clients place and preparation of audit report
- IT returns (individual /companies)
- Preparation of Balance sheet/Profit & Loss a/c
- Ministry of Company affairs
- Roc Filing
- Vouching and Taxation handled in Clients
- No. of Years: 5 Years & 8 Months
Education
ICWAI -
Institute of Cost And Works Accountant of India
05-2016
CA- (Chartered Accountant) -
ICAI - Institute of Chartered Accountants of India
06-2011
BBA - Bachelor of Business Administration
01-1997
Skills
SAP FICO- Horizon Technologies
Operating System: Windows 98/2000/XP and excellent command in MS Excel and Power Point
Interests
Playing Billiards
Declaration
I hereby declare that the information furnished above is true to the best of my knowledge and belief. Place: Chennai Date
Timeline
Vice President Finance
GT Bharathi Urban Developers Pvt Ltd
05.2025 - Current
Group Chief Financial Officer
Marg Ltd
11.2022 - 05.2025
Director–Finance and Taxation
Enggnode Private Ltd
09.2017 - 11.2022
AGM–Finance & Accounts
Myoung Shin India Automotive Pvt Ltd
05.2013 - 08.2017
Head –Finance & Accounts
ICMC Corporation Ltd
10.2004 - 05.2013
Internal Audit
SVM Associates – Chartered Accountants
01.1999 - 09.2004
BBA - Bachelor of Business Administration
ICWAI -
Institute of Cost And Works Accountant of India
CA- (Chartered Accountant) -
ICAI - Institute of Chartered Accountants of India