PRASANT KUMAR BEHERAB.Com, ICWAI

Email : pk_behera@yahoo.com, pkbehera123@rediffmail.com Contact: (Mobile) 8096987800, 9177629260

Present Organisation : Mithra Kyokuto SPV Pvt Ltd, Vijayawada, Andhra PradeshPresent Designation : AGM-Finance & Accounts.(Permanent)Years of Exp : Over 20 years of experience in Finance & AccountsCurrent Salary : Rs.15.80 lakhs p.a. Joining Time : One month.

Seeking challenging assignments in the fields of Financial Accounting, Financial Planning & analysis, Commercial Operations & Taxation, Auditing & MIS in a highly motivated, forward-looking multicultural organization.

Professional Snapshot A competent professional with over 20 years of rich experience in the areas of

Financial Accounting, Financial Planning and analysis, Stock Accounting & Stock Management Accounts, Taxation across processing, manufacturing, development sectors and Audit firms and reporting exposure with IFRS.

Proficiency in the field of Finance & Accounting such as Accounts Payable, General Ledger, Accounts Receivable, Vendor & Customer Analysis, Pricing & cost analysis, Inventory and Fixed Assets control.

Completed 1 cycle in Project Module & 2 cycles in SAP FICO module. Expertise in spearheading corporate and financial planning initiatives in Accounts &

Finance, Auditing, MIS. Excellent relationship building, analytical skills and abilities in liaising with Statutory

Legal Authorities, banks & financial institutions. Exposure of working in the ERP environment such as Oracle, SAP(FICO & MM module).

Core competencies Financial Planning and Analysis Formulatation of budgets to define benchmarks for financial performances and

managing, planning of different categories of expenditures. Preparation of the client and non-client expense reports and analyzing as to the budget. Preparing and monitoring fund flow & cash flow statement.

Financial Accounting Maintaining Periodic statutory books of accounts, reconciliation statements and

consolidated reports in compliance with time and accuracy norms. Conducting audits for evaluating internal control systems, preparing audit reports to

highlight shortcomings & implementing necessary recommendations. Trail Balance, projected P&L Account and Balance Sheet generation as required by bank

authorities and financial institutions. Capitalizing process in system which includes preparing Fixed Asset Register, Fixed

Asset Schedule.

Fund management/ MIS Conducting variance analysis and reporting the difference between projected & actual

results in terms of cost & quality. Projecting cash requirements for future; liaising and negotiating with banks and

financial institutions for raising funds at favorable terms. Preparing MIS reports to provide feedback to top management on financial

performance, viz, Profitability, Cost Control and Overhead Control.

Taxation & Auditing Arranging for timely deposit and filing of returns under Sales Tax and Income Tax TDS

returns. Coordinating the audit; preparing audit reports; providing necessary recommendations.

Stock Accounting Managing sales and purchase accounting function, preparing debtor and creditor

reconciliation statements. Preparing Invoice Booking, Statutory Liabilities to track the inward / outward movement

of goods

Career HighlightsSince Nov’2014 Mithra Kyokuto SPV Pvt Ltd, Vijayawada, Andhra

Pradesh.As “AGM-Finance & Accounts”

Heading plant finance functions determining financial objectives, designing & implementing systems, policies & procedures to facilitate internal financial controls.

Manages effectively and efficiently a team of 6 subordinates being looked after in their respective dimensions of finance, accounts, taxes, audit, secretarial and business reporting.

Liaison with Banks, Debtors (for Receivables management) and creditors (Payable Management) etc for making/ receiving payments.

Ensuring adherence of Finance and accounts to International Accounting Standards and Group Policies.

Monitors and effectively manages the working capital requirements of the company particularly in relation to inventories, debtors and borrowings.

Consolidation and control of budget, monitoring results, checking variances and suggesting corrective measures

Establishing cost structure, capturing costs and identifying product costs. Coordinating with internal audit, finalization of statutory audit. Ensure the periodical Bank Compliance activities are performed in a timely and

accurate manner. Setting up internal control systems and arranging related audit. Responsible for liasoning with Banks with respect to availing Cash Credits, CMA report

preparation, timely submission of stock audit reports, quarterly and halfyearly FFR1 and FFR2 returns.

Managing & ensuring proper book keeping & preparation of balance sheets, Accounts Payable/ Receivable, consolidation and reconciliation thereon.

Handling the tasks of preparing financial reports, cost reports, budgets and financial forecasts on a regular basis

Supervising compliance relating to Central Excise Matters & applicable laws in day to day functioning, handling of Excise Audits conducted by Excise Authorities & submission of compliance reports.

Ensuring compliance to the govt. rules and regulations as laid down by statutory authorities’ viz. IT dept, Customs and Excise department etc.

Feb’2012 to Nov’2014 Gerdau Steel India Ltd, Tadipatri, Andhra Pradesh.As “Senior Manager-Finance”

Responsible for monthly MIS, Financial Reporting, Variance Analysis. Analysing financial data for financial reports. Complying with SOX compliances checklist as required by Gerdau Global Business

Reporting on periodical basis. Day to day supervision of accounting functions such as accounts payable, accounts

receivable. Ensuring that the financial records are accurate and compliance with accounting

policies and procedures. Coordinating with the senior management regarding any financial decisions that are

made.

Managing with Plant level TDS, CST, VAT, Central Excise and Service Tax matters. Annual OPEX and CAPEX preparations, variance analysis, proposing the management

for minimizing the costs. Monthly Profit & Loss, Balance Sheet Schedule preparation. GL Scrutiny and monthly & annual closing entries. Coordinating and supporting Statutory & Internal Auditors by providing financial

reports, GL dumps, qualitative informations in order to complete the audit compliances in time.

Looking after Cost Centre Accounting & Inventory Control and thereby also reporting to Management in this issue.

Leading a finance team of 10 finance members and also coordinating with other departmental team members in resolving major issues.

Working with SAP environment having good exposures with different modules, i.e. FICO, MM, PS, PP, S&D.

Managing cash flow by checking out plant level cash balances, employee requisitions, submitting fund requirements to support employee advances related to tour, expenditures, small direct purchases to avoid any emergency situations at Plant level.

Providing commercial and accounting support to subunits within the organization in terms of Skills and Competencies required for knowledge of finance, accounting, budgeting, and cost control principles.

Ability to inspire my team of 10 nos to produce quality output within tight timeframes.

Nov’2010 to Feb’2012 Tata Johnson Controls Automotive Ltd, Bidadi Industrial Area, Bangalore, Karnataka.

As “Deputy Manager-Finance”

Acts as Finance Controller of the plant. Assisting in preparation of Budgets, Key Operating Plans of the Units. Scrutinizing capital expenditures, preparation of legal formalities for construction, site

development, and machinery purchases. Coordinating with Income Tax, TDS, Central Excise and Service Tax matters. Periodical EBIT Call, MIS preparation, AOP analysis, CAPEX analysis. Monthly Profit & Loss, Balance Sheet Schedule preparation. GL Scrutiny and monthly & annual closing entries. Coordinating with MAG, Statutory & Cost Auditor. Looking after Cost Centre Accounting & Inventory Control. Leading a finance team of 5 finance members and also coordinating with other

departmental team members in resolving the issues. Controlling purchase burden, overheads.

Dec’2007 to Nov’2010 GMR Industries Ltd, (Agri Division) Ramdurg Unit (Karnataka)

As “Associate Manager-Finance & Accounts”

Projecting and maintaining preoperative expenses of the project. Assisting in preparation of Annual Operating Plans. Scrutinizing capital expenditures, preparation of legal formalities for construction, site

development, and machinery purchases. Looking after Income Tax, TDS, Central Excise and Service Tax matters. Projecting CAPEX flows along with updating the top management regarding the project

completion reports period wise. (project completed in 6th Dec 2008) Periodical MIS preparation, AOP analysis, CAPEX analysis. Monthly Profit & Loss, Balance Sheet Schedule preparation. GL Scrutiny and monthly & annual closing entries. Coordinating with MAG, Statutory & Cost Auditor. Looking after Material Ledger, Cost Centre Accounting & Inventory Control. Vendor Analysis along with Work order, Letter of Intent in relation to legal formalities

such as PBG, L/C, Penalty. AP, AR, G/L Analysis in SAP.

Jan’2006 to Nov’2007 Ekjut, National Level NGO at Chakradharpur, Jharkhand

As “Finance Manager Cum Health Economist”Institute of Child Health (London)(A Project for Improving Maternal & Newborn Health in deprived rural areas of Jharkhand and Orissa)

Liaison between donors and auditors for the successful run of the project. Handling accounts entries in Tally (7.2) and making necessary amendments in the

same. Handling Income Tax, TDS, and Service Tax matters. Finalization of Accounts and expediting audit procedures for the donor. Critically evaluating the expenditure proposals and highlighting measures to reduce

cost. Evaluating the funds utilization economically and projecting the cost-effectiveness of

the activities. Submitted the first two years economic analysis report and proved our project amongst

southeast countries as the lowest cost and efficiently running project.(Project started in April 2004)

Jun’04 to Dec’05 Santosh Kumar Agrawalla & Associates (an audit firm)

As Audit Manager

Conducted statutory audits for Andhra Bank & Punjab National Bank including internal & concurrent audit.

Statutory Audit & internal audit of construction companies, flour mill units, manufacturing units, Development sectors (NGOs).

Feb’97 to May’04 Maa Mangla Flour Mills (P) Ltd. (A Flour and Food processing unit)

As Finance and Administrative Officer Finalisation of Annual Accounts including interaction & co-ordination with statutory

auditors. Looking after Price fixation, Cost control of the processes and products. Looking after PF & payroll register of employees. Preparation of inventory ledgers / statement of stocks. Looking after IT, Sales Tax, Cash credit account, Term loan account. Tracking & looking after Commission agent ledgers, Customer ledgers. Reconciliation of Bankbooks (Cash Credit, Term loan, Current A/c), creditors, debtors’

ledgers, excise ledgers & personnel ledgers including advances.

Previous Employments

Aug’96 to Jan’97 Special Cables (P) Ltd, as an“Accountant”

Academic Credentials

ICWAI in 2006. B.Com from Behrampur University in 1990.

IT & Other Credentials

20 Hours training in IFRS in real time company environment.

Well versed with MS Office, MS DOS, Internet applications and packages like ACE, FACT, EX-NGN, Tally, WOW, ERP packages including SAP-FICO

Personal Details:Present Address: No.31-5-21, Prakash Rao Street, Eluru Road, Maruthi Nagar, Vijayawada-520004, Andhra Pradesh.Permanent Address: S/O- Laxmi Narayan Behera, 7th Line Extension, Shakthi Nagar, Lochapada Road, Berhampur (Gm) Orissa.Date of Birth: 15th Feb’ 1970.