GRN PRASAD

Email: grnprasad@gmail.com Phone: (M) +91 9445 517 890 & +91 9100115883
Flat # 501, Nakshtra’s Green Homes, Road # 3B, Gopal Nagar, Near Shilpa Avenue, Hafeezpet Road, Kukatpally,
Hyderabad - 500 085

~ ACCOUNTS & FINANCE PROFESSIONAL ~

Dynamic and highly accomplished Accounts Professional with 27 years of experience in Finance, Accounts and
Costing; presently spearheading functions with My Home Industries Private Limited, Hyderabad as Deputy
General Manager - Accounts.

| Accounts & Finance Operations | Financial Planning & Control | Costing | Budgeting | Fund Management |
Receivable / Payable Management | Auditing | Taxation | Commercial Operations | Capex Vetting | Finalisation of
Accounts | Debtors & Creditors Management | Working Capital Management | Profit Monitoring | Internal Financial
Controls | Bills Processing | Journal Voucher Passing | Payments Processing | Book Keeping | Trail Balance
Preparation | Bank Reconciliation | MIS Reporting | Business Development & Solutions | Strategic Planning | Client
Coordination | People & Team Management | Efficient Planning & Execution Skills |

PROFICIENCIES EXPLAINED

 Expertise in Accounts & Finance Operations, extensive experience in operations management with exposure to
all facets of accounts operations and well versed in basic accounts to finalization of accounts
 Thorough understanding of Accounting Standards, Procedures and Policies
 Demonstrated outstanding performance in Taxation and conducting audits and developing and implementing
auditing systems, policies & procedures
 Skilled at analyzing and improving systems and procedures, designing internal control systems and facilitate
effective decision-making
 Manage Financial Planning and Budgeting; carry out cost control measures
 Special proficiency in performing high - financial analysis and dexterous in implementing the online
accounting system & accounting package
 A keen analyst with exceptional relationship management & negotiation skills, including liaising with Bankers,
Auditors and other regulatory authorities
 Conceptually strong with an innovative and analytical approach to the work with an eye for detail, ability to
learn new concepts & technology within a short span of time
 Ability to perform well in the most challenging environment that provides me to learn and contribute my
knowledge for becoming a perfect accountant
 Expertise in performing high - financial analysis and dexterous in implementing the online accounting system
& accounting package

CREDENTIALS
MBA (Finance) from Madurai Kamaraj University in 2012
M.Com. from Andhra University, Visakhapatnam in 2000
I.C.W.A.I. Inter (Costing) from ICWAI, Kolkatta in 1995
B.Com. from S.D.S (A) College, Andhra University in 1992

COMPUTER PROFICIENCY
 SAP FICO Module
 Windows, MS Office, Word Star & Lotus and Internet Applications
 PROFESSIONAL CONTOUR
ORGANIZATION DESIGNATION DURATION
My Home Industries Private Limited., Hyderabad D.G.M - Accounts Jan’16 –Present
HIL Limited., Chennai Manager - Finance & Accounts Jul’06 –Dec’15
Devi Sea Foods Ltd., Visakhapatnam Assistant Manager - Accounts Jul’00 – Jul’06
Unicode Engg. Pvt. Ltd., Visakhapatnam Accounts Executive Jun’98 – Jul’00
BHPV Ltd., Visakhapatnam & Kaiga, Karnataka Site Accountant May’96 – Dec’97

WORK BACKGROUND
Financial Planning & Control:
 Instrumental in performing the key role of validating business plans & commercial strategies for
maximizing profitability & revenue generation in line with corporate goals
 Efficiently creating budgets and conducting variance analysis to determine difference between
projected & actual results and implementing corrective actions for the same

Accounting Functions:
 Responsible for preparing and maintaining statutory books of accounts and reconciliation of
financial statements in compliance with the norms as well as ensuring smooth operations of
banking process
 Presenting a true and fair view of the financial position of the company by way of timely
preparation of annual reports ensuring analysing the expenditure on a monthly basis to control
expenses
 Maintaining MIS & reports, evaluating them for facilitating decision-making process
 Managing month-end closing cycle
 Organising procedures and process to support reduction in month end close by 5 to 3 days
 Supervise accounts payable operating and approval process to support the production of 150
cheques weekly

Costing / Budgeting Functions:

 Effectively performing comprehensive variance analysis and determine root-cause for each
significant variance
 Examining standard costs against the actual to identify process inefficiencies, improvement
opportunities and low profit products
 Responsible for cost centre wise expenses & analysis with previous year and budget
 Reviewing product costs due to change in process or material standards
 Key contributor to annual budget process working with various department heads to review the
historical activities, trends and future obligations
 Recognised for saving plant by finding out alternative input raw materials at cheaper cost
 Key member of SAP implementation team for GL/ Financial reporting modules
 Coordinating with the Internal Auditors to revise the internal inventory reporting process and
reconciliation process in support of best practices
 Managing physical inventory process and identified warehouse layout improvements that
increased efficiencies and alignment with financial ledgers
 Executing analysis of capex proposals and ensures the capex stays within the budget targets

Fund Management:
 Taking care of financial systems and management procedures by means of proper budgeting &
ensuring that controls are adequate
 Administering treasury functions including optimum utilization of surplus funds; controlling
management of funds & securities ensuring pay-in/ pay-out of funds in time without fail
Receivable / Payable Management:
 Overseeing advance controls for advance payments & following up with purchaser, cost centre
wise consumption & analysis with average consumption
 Following up of bills receivables after invoicing to debtors, conducting ageing analysis with an
aim to keep receivables under control
 Ensuring that all payments are made to suppliers within the stipulated timeframe and managing
accounts payable within the pre-set parameters

Auditing & Taxation:

 Ensuring timely assessment and filing of direct & indirect tax returns, Service tax, Central Excise,
CST & VAT returns monthly in compliance with statutory tax acts
 Coordinating in complete planning & management auditing activities for ensuring completion of
internal & statutory audits within time
 Efficiently handling the internal audit of the companies including setting up of internal audit
systems as well as monitoring of the implementation of the systems

Commercial Operations
 Heading the Commercial Department; negotiating and finalizing transport contracts quarterly
 Managing imports functions; dealing with customs & clearing agents for bill passing, JV passing,
etc.
 Active involvement in depreciation schedule preparation, imprest maintenance, salary
payments, etc.

Present Company Activities:

Sales Accounting
 Update Processing of Discounts and its analysis.
 Month end closing by 3rd of the Successive month.
 Freight Working and its analysis.
 NSR to be submitted by 4th of the succeeding month.
 Monitoring of Depot activities & Stocks.
 Quarterly Physical Verification of stocks.
 Organizing other Management MIS.
 Weekly NSR updating.
 Resolution of IT issues.

Inter Departmental collaboration

 Close coordination with IT and recommend solutions for conducive working and using more
technology and suggest proper changes and its implementation.
 Close coordination with all plants commercial department for resolution of problems faced and
implementation of new policies.
 Close co-ordination with marketing State Heads and HOD in giving immediate solutions and
updating in addressing dealer network issues and its resolution.

Co-ordination & control with all Branches and Branch Accountants on Pan India Operations
 Total Co-ordination with Branch Accounts across all states.
 Conducting motivational classes formally/Internally.
 Updating them with latest developments on GST and other related topics.
 Uplifting their morale by continuous advocacy on official and personal problems,
  Mentoring on their Personality Development.
 Train them to develop second line wherever possible.
 Godown management

Cost Control Measures/Market Development Strategies

 Advocating on Cost control measures.
 Submitting inputs to focus marketing.
 Logistic cost Control and new thoughts.

Successive Development/Taping Potential of Down the line

 Ensuring to curb late hours sitting by staff and advocating them to plan their work within
allotted time.
 Work life balance maintenance.
 Sharing the knowledge across HO Staff (Sales Accounts) and Branch Accountants.
 By Job reshuffling enabling the staff to handle multiple tasks.
 Sub-ordinate development and boosting their morale.

Date of Birth: 06th September, 1970

Languages Known: English, Hindi, Tamil, Telugu
Passport Details: Number: M1614158, 25-08-2024
Permanent Address: GRN Prasad, Flat No.501, Nakshtra’s Green Homes, Road No.3B, Gopal Nagar,
Near Shilpa Avenue, Hafeezpet Road, Kukatpally, Hyderabad – 500 085, Telangana