Umesh Pradhan

Experience

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  Cadbury India Limited

  Jan 1990 - Dec 1991

  Cost Trainee
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  Guest Kean Williams (GKW)

  Jan 1991 - Jul 1992

  Accounts Assistant
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  J. K. Helene Curtis Ltd

  Sept 1992 - Aug 1994

  Accounts Officer
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  Zee Entertainment Enterprises Ltd.

  Sept 1994 - Nov 2007

  V.P-Accounts

  Heading entire Account and Finance department, entailing day to day operations, cash flow management, and preparation of periodic P&L Account & Balance Sheet as well as monthly MIS reportingSignificant contribution restructuring of business model of Zee through merger, acquisition, disposal of company.Led the team for conversion of Indian GAAP/Various GAAP accounts into US GAAP and UK GAAP.Consolidation of account under Indian GAAP with about 30 subsidiaries (about 15 foreign subsidiaries in different GAAP) and 2 Joint Ventures and 3 associates and 2 limited company with minority/majority stake.Handling entire MIS system for all the Media Companies Successfully handled due diligence for acquisition and Amalgamation (Merger / De-merger) Scheme of group companies in 2002 & 2003. (Named few is ETC, Padmalays Telefilms and other private company)Streamline the finance and accounts of Hong Kong, Mauritius, Singapore, Middle East subsidiary and Joint Venture companies.Successfully streamlined Statutory Audits of all the foreign companiesGuided setting up of various system and procedure including development of proper chart of authority.In house development of ERP system for consolidation of accounts which enable consolidation of accounts under any GAAP Show less

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  Reliance Big Broadcasting Pvt Ltd

  Nov 2007 - May 2009

  Director-Finance & Accounts

  Established & spearheaded Finance & Accounts Department for the intended/start-up broadcasting businessDeveloped a complete robust MIS on financial and non-financial parameters and complete accounts, treasury & taxation functionSelected best Broadcast Management Software and implemented the same & SAP implementation (FICO)Prepared the initial business plans for the TV broadcasting business for various channels and organising the application for licensesLaunched value based management reportingWorked as part of ECM (Executive Committee Member) for deciding various strategies for the company in the broadcasting businessFostered a culture of excellence and prepared overall comprehensive business plan projections for various to-be-launched channels including P&L, B/S and Cash Flow projectionsActively participated in major/important commercial negotiations such as transponder / up linking facilities and broadcast management softwareSuccessfully prepared the Capex Plan for rolling out the operationsSupervised the implementation of the domain modules of Broadcast Management System and Finance & MIS modules of SAP (FICO & BI) Show less

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  Swastik Pictures

  Jun 2009 - Aug 2009

  Consulting - CFO

  Swastik Pictures, one of the leading Media Production House which has produced number of leading programs for leading channels like Sony, Zee, Sahara & Real.Developed & streamlined the control systems Played a major role in developing MIS system in accordance with business needs and decision makingImplemented measures to ensure the company was fully statutory compliant with the help of budgeting and proper cash flow discipline

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  Turner General Entertainment Networks India Pvt Ltd

  Aug 2009 - Sept 2012

  Director-Finance

  Roles & Responsibilities: Acted as part of Strategic Steering Committee during the restructuring of NDTV Imagine Ltd to Turner General Entertainment Networks India Pvt. Ltd.Spearheaded Accounts & Finance, MIS & Tax functions for Imagine Network including channels like Imagine TV, Lumiere, Showbiz and subsidiary company Imagine PicturesPlayed a major role in due diligence & acquisition of Imagine by TurnerSuccessfully managed SOX compliance norms set by US parent, internal controls & processes and conducted statutory, internal, SOX Audits, statutory audits and statutory compliancesImplemented flawless & unique systems; received appreciation from the Time Warner Internal Audit Team and the SOX Compliance Team from parent US CompanySuccessfully streamlined & implemented monthly reporting to the Parent Company at HK/USAManaged working capital disbursement of around INR 600 crores per annumLaunched & introduced Production Audit System to control the cost and streamline the production system Show less

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  Balaji Telefilms Ltd

  Oct 2012 - Dec 2012

  Finance Controller

  Finance Controller of Balaji Telefilms Limited and Balaji Motion Pictures.Managed the overall Finance, Treasury, Costing, Tax, Compliance functions of the company and reported to the Managing Director

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  Wrong page

  Jan 2013 - Oct 2019

  Chief Financial Officer

  Roles & Responsibilities : Group CFO of Education verticals of Essel GroupPart of Management Steering Committee (consist of MD, CEO, myself and Head HR) responsible for formulating and implementing effective business plan/strategy, timely corrective actions, critical decision making, for furthering the business growth in terms of revenue as well as bottom-line.Assisting in the mergers & acquisition and strategic decision-making and managing investor relationshipPlanning and strategizing both organic and inorganic growth of the companyManaging the fund raising through project financing, term loans, working Capital Finance and fund raising through other mode.Monitoring cash flows and ensuring that funds are arranged in the most cost effective manner after projecting accurate cash forecastHeading finance functions involving determining financial objectives, designing & implementing systems, policies & procedures to facilitate internal financial control. Responsible for Finance & Compliance for the company, its subsidiary and associated Trusts.Implementing financial results forecasting system for providing accurate future results projections & budgeting system ensuring timely compilation & presentationPresenting a true & fair view of the financial position of the company by preparing financial statements such as P&L Account, Balance Sheet and annual reportsConducting and managing Board Meeting and responsible for Legal, Stock Exchanges / SEBI and other statutory complianceConceptualizing, implementing and supervising general ledger and financial reporting processes and on time compliance of GAAPCoordinating with Tax Authorities/consultants for ensuring compliance of tax provisions accordingly & appearing before them in connection with assessment & appeals.Analyzing and streamlining existing systems and procedures; reporting important irregularities for follow-up action and rectification Show less

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  Athena Education (IOM) PLC

  Oct 2020 - now

  Chief Financial Officer

  • Heading Treasury, Banking, Procurement, Compliance• Managing the fund raising• Determining financial objectives, designing & implementing systems, policies & procedure, financial control• Planning and strategizing both organic and inorganic growth of the company• Implementing financial results forecasting system for providing accurate future results projections & budgeting system• ensuring timely compilation & presentation• Monthly financial reports, implementing internal controls & reporting the same• Monitoring cash flows and ensuring that funds are arranged in the most cost effective manner after projecting accurate cashflow forecast• Presenting a true & fair view of the financial position of the company by preparing financial statements such as P&L• Accounts, Balance Sheet and annual reports• Conducting and managing Board Meeting and related compliances• Analyzing and streamlining existing systems and processes and rectification Show less

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  Athena Education (IOM) PLC

  -

  Chief Financial Officer