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Prasanna Kumar
# 301-E North First Lane Dooravani Nagar Bangalore 560016  Mobile 9880519379 E-mail: prasannacwa@outlook.com
A highly motivated and result driven professional with strong desire to learn, contribute and make a positive difference
to the organization
AREAS OF EXPERTISE
 Transition Management
 Variance Analysis, Forecast and Cost analysis
 Develop the dashboards
 Automate the process with VBA Coding
 Complex Expense & Revenue reporting
 Financial Statements Analysis & Preparation
 B/S & P&L reconciliation and accounting
 Problem Solving Skill
 Audit of SOX compliance
 Operation Management
 Teamwork & Staff Supervision
 Influencing and leading
 Relationship Management
 TM1 Administrator
PROFESSIONAL EXPERIENCE
Associate Manager State Street HCL Services Jan 2013  4th
Jan 2016
Reporting & Analysis
 Forecast & Variance analysis on IT spend
 Variance Analysis: Tracking / Analyze the material variances from the targets fixed v/s actual and Action Plan
 Prepare, analyze & track the aged accrual and financial recommendations to controller for decision making
purposes
 Analyze & allocation of contract cost
 Monitor performance indicators, highlighting trends and analyzing causes of unexpected variance
 Supervision of Financial Analyst(s)
 Oversee and manage the continued development of Budgeting, Financial Forecasting, Operating Plan and
Modeling tools
 Ad-Hoc Reporting and Analysis
 Quarterly and Monthly Financial reports
 Implement and work with a Business Intelligence Tool and Dashboard reports
 Improve performance by evaluating processes to drive efficiencies and understand ROI in programs, new projects
 Develop financial models and analyses to support strategic initiatives
 Analyze complex financial information and reports to provide accurate and timely financial recommendations to
management for decision making purposes
 Supporting Senior Management Team and controllers with in-depth analysis
 Prepare presentations to Board of Directors and Senior Management Team
 Perform detailed account analysis and corporate month-end processing and reporting
Automation & Query Building by using VBA code:
 Accrual booking, forecast Query & Estimate v/s estimate query
 Developed and automated financial monthly reporting
Delivery and Staff Contribution:
 Goal Setting : Setting and review and evaluate performanceand support to achieve goals
 Manage & monitor operational activities
 Recruiting, training, appraising and supervising staff
 Ensure people management & Issue Management
 Transition Management
Prasanna Kumar
 Design and coordinate the training programs for employees in order to enhance work efficiency
 Motivate the teams
Lead IBM Daksh Pvt. Ltd June 2008  Sep 2012
Reporting, Analysis and Accounting:
 Prepare Income statement & Balance sheet
 Perform actual verses budget variances and generate variances report for management.
 Assist in preparing monthly financial forecasts and yearly financial budget
 Prepare variance & forecast report on Spend items
 Prepare business reports and perform ad-hoc financial analysis to support business operations
 Prepare and analyses the Account Receivable aging scheduler and cost driver Analysis
 Cost & Recovery reconciliation
 Prepare and analyze the Income and Expense report; Cost & Revenue Report, Labor Claim report, Gross Spend
report & Mobility Report
 Analyze and post Journals; Accrual, Prepaid entries, Periodicities and deferral entries
 Expense Reimbursement Report
 Computing monthly fixed asset depreciations
 Responsible for budget accounts set-up/transfer; general ledger and chart of accounts maintenance
 Supervises the work of assigned personnel; determines priorities, schedules, reviews reports, controls,
reconciliation and computations; recommends and provides training to assigned personnel
Automation & Query Building:
Automate the various recurring activity by using VBA code and awarded twice as Star Top Talent Award and Star
Performer
Lead Function:
 Controller: Bond Approval, ICA Creation and Billing & Capital Expenditure Approver
 Manage & monitor operational activities
 Ensure people management & Issue Management
 Design, coordinate & conduct the training programs for employees in order to enhance work efficiency,
motivate and to gain skills
 Motivate the team members
Research Analyst Thomson Corporation Pvt. Ltd May 2006 - Jun
2008
 Prepare & analyze Quarterly, Interim & Annual Financial Statement
 Segment Analysis Report based on Product/Services & Geography
 Cost driver analysis
 Prepare and Analyze Ratios; Solvency, Profitability, Capital Market & Performance Ratio
 CalculateBook Value, Net asset value, closely held shares, Market cap and Working capital etc.
 Analysis on extra ordinary items & their impact on EPS & DPS
Assistant (Accountant) Lakshmipathai & Co Jan 2003 - Dec
2004
 Prepare Balance sheet, P&L and Cash Flow Statement
 Analyze and post JE
 Maintain Books such as Purchases, Sales, Cash/Bank- Receipts & Payments, Debit Notes, Credit Notes & passing
the day to day Journal Entries
Prasanna Kumar
 Prepare and audit the expense and incomeitems
 Assist auditor during Interim audit and annual audit
PROFESSIONAL ACHIEVEMENT
 Star Performer Award 2014
 Top Talent Award 2012
 Top Talent Award 2011
 Awarded Top Rank performer & Star performer 2010
 Recognized as Quality Champ for 100% Quality 2009
Educational Qualification
Course Board/University Institution Completed
MBA (Banking and Finance) Alagappa University KIET, Bangalore 2011-2012
B.Com Bangalore University B.E.S Evening college Bangalore 2002-2003
Application/Technical Skills
Applications & Tool Specialization TM1 Administrator, Hyperion, Essbase, Khalix, Oracle, SAP , VBA & MS
Access , People Soft, TM1
I consider myself familiar with Finance & Accounts. I hereby declare that the above stated information is true and correct
to the best of knowledge and belief.
Place:
Date: (Prasanna Kumar M Y)

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Prasanna Kumar - FP&A

  • 1. Prasanna Kumar # 301-E North First Lane Dooravani Nagar Bangalore 560016 Mobile 9880519379 E-mail: prasannacwa@outlook.com A highly motivated and result driven professional with strong desire to learn, contribute and make a positive difference to the organization AREAS OF EXPERTISE Transition Management Variance Analysis, Forecast and Cost analysis Develop the dashboards Automate the process with VBA Coding Complex Expense & Revenue reporting Financial Statements Analysis & Preparation B/S & P&L reconciliation and accounting Problem Solving Skill Audit of SOX compliance Operation Management Teamwork & Staff Supervision Influencing and leading Relationship Management TM1 Administrator PROFESSIONAL EXPERIENCE Associate Manager State Street HCL Services Jan 2013 4th Jan 2016 Reporting & Analysis Forecast & Variance analysis on IT spend Variance Analysis: Tracking / Analyze the material variances from the targets fixed v/s actual and Action Plan Prepare, analyze & track the aged accrual and financial recommendations to controller for decision making purposes Analyze & allocation of contract cost Monitor performance indicators, highlighting trends and analyzing causes of unexpected variance Supervision of Financial Analyst(s) Oversee and manage the continued development of Budgeting, Financial Forecasting, Operating Plan and Modeling tools Ad-Hoc Reporting and Analysis Quarterly and Monthly Financial reports Implement and work with a Business Intelligence Tool and Dashboard reports Improve performance by evaluating processes to drive efficiencies and understand ROI in programs, new projects Develop financial models and analyses to support strategic initiatives Analyze complex financial information and reports to provide accurate and timely financial recommendations to management for decision making purposes Supporting Senior Management Team and controllers with in-depth analysis Prepare presentations to Board of Directors and Senior Management Team Perform detailed account analysis and corporate month-end processing and reporting Automation & Query Building by using VBA code: Accrual booking, forecast Query & Estimate v/s estimate query Developed and automated financial monthly reporting Delivery and Staff Contribution: Goal Setting : Setting and review and evaluate performanceand support to achieve goals Manage & monitor operational activities Recruiting, training, appraising and supervising staff Ensure people management & Issue Management Transition Management
  • 2. Prasanna Kumar Design and coordinate the training programs for employees in order to enhance work efficiency Motivate the teams Lead IBM Daksh Pvt. Ltd June 2008 Sep 2012 Reporting, Analysis and Accounting: Prepare Income statement & Balance sheet Perform actual verses budget variances and generate variances report for management. Assist in preparing monthly financial forecasts and yearly financial budget Prepare variance & forecast report on Spend items Prepare business reports and perform ad-hoc financial analysis to support business operations Prepare and analyses the Account Receivable aging scheduler and cost driver Analysis Cost & Recovery reconciliation Prepare and analyze the Income and Expense report; Cost & Revenue Report, Labor Claim report, Gross Spend report & Mobility Report Analyze and post Journals; Accrual, Prepaid entries, Periodicities and deferral entries Expense Reimbursement Report Computing monthly fixed asset depreciations Responsible for budget accounts set-up/transfer; general ledger and chart of accounts maintenance Supervises the work of assigned personnel; determines priorities, schedules, reviews reports, controls, reconciliation and computations; recommends and provides training to assigned personnel Automation & Query Building: Automate the various recurring activity by using VBA code and awarded twice as Star Top Talent Award and Star Performer Lead Function: Controller: Bond Approval, ICA Creation and Billing & Capital Expenditure Approver Manage & monitor operational activities Ensure people management & Issue Management Design, coordinate & conduct the training programs for employees in order to enhance work efficiency, motivate and to gain skills Motivate the team members Research Analyst Thomson Corporation Pvt. Ltd May 2006 - Jun 2008 Prepare & analyze Quarterly, Interim & Annual Financial Statement Segment Analysis Report based on Product/Services & Geography Cost driver analysis Prepare and Analyze Ratios; Solvency, Profitability, Capital Market & Performance Ratio CalculateBook Value, Net asset value, closely held shares, Market cap and Working capital etc. Analysis on extra ordinary items & their impact on EPS & DPS Assistant (Accountant) Lakshmipathai & Co Jan 2003 - Dec 2004 Prepare Balance sheet, P&L and Cash Flow Statement Analyze and post JE Maintain Books such as Purchases, Sales, Cash/Bank- Receipts & Payments, Debit Notes, Credit Notes & passing the day to day Journal Entries
  • 3. Prasanna Kumar Prepare and audit the expense and incomeitems Assist auditor during Interim audit and annual audit PROFESSIONAL ACHIEVEMENT Star Performer Award 2014 Top Talent Award 2012 Top Talent Award 2011 Awarded Top Rank performer & Star performer 2010 Recognized as Quality Champ for 100% Quality 2009 Educational Qualification Course Board/University Institution Completed MBA (Banking and Finance) Alagappa University KIET, Bangalore 2011-2012 B.Com Bangalore University B.E.S Evening college Bangalore 2002-2003 Application/Technical Skills Applications & Tool Specialization TM1 Administrator, Hyperion, Essbase, Khalix, Oracle, SAP , VBA & MS Access , People Soft, TM1 I consider myself familiar with Finance & Accounts. I hereby declare that the above stated information is true and correct to the best of knowledge and belief. Place: Date: (Prasanna Kumar M Y)