Prasad Pai

Experience

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  Mr. Raghunath Kamath, FCA, Chartered Accountant

  Aug 1999 - Feb 2003

  Audit Clerk

  Worked as an Article Clerk under Mr. Raghunath Kamath, FCA, Chartered Accountant, Kasargod. ( August 1999 –Feb 2003)*Conducting Internal Audit, Audit of various type of establishment.*Preparation and finalization of Accounts.*Analyzing of cost records.*Ensuring the statutory compliance.*Preparation Project report for bank financing.

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  T.Choithram & Sons LLC, Dubai - UAE

  Mar 2003 - Apr 2006

  General Accountant & Secretary to Finance Director

  *Worked as Secretary to Finance Director of the company. The work includes handling various internal and external correspondences mainly with various associates and subsidiary companies. Issuing important approval and ensuring its implementation is done accordingly. *Maintaining & upkeep of files, handling appointments and followup with daily calendars.*Acted as a member of Internal Audit Team, was responsible for Reporting to Directors, Developing and implementing operational controls and procedures and Review of existing policies, systems, procedures control and investigating the irregularities taking remedial actions as required.*Organizing Physical Stock taking, Analyzing Variance, Stock Levels. Budgetary Cost controls and analyzing the variance.*Liaising and finalizing with MIS Dept in producing periodical financial report. Supporting Management in decision-making in all activities of overseas associates. *Coordinating with External Auditors.*Accounting all transactions related to Imports Division and movement of goods in warehouse. It includes purchases, goods returned, goods destroyed etc.*Reconciliation on various bank accounts and overseas suppliers account, current account of Associates Company.*Keeping track on funds allocated for promotions and preparation of monthly reports to assist the imports managers for raising requisite debit notes from suppliers.*The duties of Accountant Payment Division includes proper grouping and accounting of various invoices and making the payments on the basis of agreed credit terms.*Ensuring that the work or purchase is duly approved by the authorized persons. Proper GRN and work completion certificates issued by the concerned department are attached with the invoices.*Reconciliation suppliers’ account on periodical basis. Show less

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  IBM Daksh Private Limited

  May 2006 - Mar 2007

  Senior Executive – Finance & Accounts

  Worked as Senior Executive – Finance & Accounts in IBM Daksh Private Limited, Bangallore, a fully owned subsidiary of IBM India limited and which is a leading organization in BTO sector.I was actively engaged in Accounts Payable Process in SAP for our UK client, pioneer in FMCG sector all over the world. My present job responsibilities include:-*Vendor Master Maintenance*Processing various kinds of invoices like PO/Non PO/Blanket PO/Scheduled Agreements after thorough verification in all respects*Vendor Account Reconciliations on regular basis*Analyzing GR/IR reports and making necessary accruals *Making payment proposal based on agreed credit terms and handling bank rejections*Month end reporting relating to relating Accounts Payable Area Show less

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  Replicon

  Apr 2007 - now

  *Monthly and yearly book closures and preparation consolidated financial statements for 5 countries (Canada, US, India, UK and Australia).*Preparing the yearly forecast in co-ordination with various department heads and analyzing the variance with forecast and actual. Preparing various management reports for management and investors.*Liaising with the external auditor PWC for global audit and consolidation.*Processing monthly and bi-monthly global payrolls for US, Canada, UK and Australia. Show less Replicon Software (India) Pvt Ltd is a 100% subsidiary of Replicon Inc, Canada. Replicon Inc is the world leader in web-based time and expense management solutions and The Company has been recognized by Profit Magazine as one of the fastest growing companies in Canada.Responsibilities relating to Indian Operation *Maintenance Finance & Accounts of the Indian operation. *Vendor payments and other general payments *Checking and releasing the payroll *Was closely involved in drafting and implementing various internal controls, policies and procedures. *Handling various statutory filing aspects like MAT, TDS, FBT, Etds, VAT, Service Tax, STPI etc *Liaising with the external auditors *Periodical reporting to parent company Replicon Inc, Canada. *Processing foreign currency and travel cards for the employees travelling onsite. *Closely associated with HR dept & Operation for smooth functioning of the organization which includes maintaining the proper records of the manpower, performance appraisal and salary hikes, dealing with medical & general insurance etc. Responsibilities relating to Canada Operation *Played an important role in the smooth and successful transition of Accounts Receivable, Accounts payable, Reconciliations, payroll and various daily, weekly and monthly reports for management meetings. *Managing a team of 3 to deliver Accounts payable, Reconciliations, US and Canada payroll and various daily, weekly and monthly reports for management meetings Show less *Managing day to day finance operation which includes accounting, petty cash, vendor payments, documentations, and Liaising with the external auditors for India, Projecting fund flow requirement and treasury management.*Closely involved in drafting and implementing various internal controls, policies and procedures.*Handling various statutory filing aspects like raising export invoices, MAT, TDS, FBT, Etds, Service Tax, VAT, STPI, RBI, issuing form 16 and 16A to etc*Preparing payroll inputs and coordinating with payroll vendor and arranging the salary transfers to individual accounts. *Closely associated with HR department & Operation for smooth functioning of the organization which includes maintaining the proper records of the manpower, performance appraisal and salary hikes, dealing with medical & general insurance etc. Show less

  • Sr. Manager-Finance

    Apr 2014 - now

  • Manager - Finance

    Apr 2009 - Mar 2014

  • Sr. Finance Executive

    Apr 2007 - Mar 2009