CMA CS Prasad Deshmukh

Experience

• 

  Videocon Industries Ltd

  May 2008 - Jun 2014

  Deputy Manager

  1) Finalization of financial statement of three listed company and Consolidation of Indian subsidiaries for preparation of consolidated financial statement.• Preparation of opening balance sheet for new acquired company including calculation of Goodwill. • Calculation of Minority interest holder liability • Segment Reporting• Computation of Deferred tax Liability / Asset• Preparation of cash flow statement • Disclosure of Notes to financial statement including related party transaction 2) Preparation of Income tax computation and filing of ITR form along with 3cd forms and XBRL filing3) Finalization and Assessment of Transfer pricing Report of one listed company.• Preparation and submission of form 3CEB • Assessment of Transfer pricing 4) Preparation of Cost accounting record as per cost audit report rules 2011 and finalization of Cost Audit Report of Six Plants. Show less

• 

  Pfizer Healthcare India Pvt ltd

  Jul 2014 - now

  Senior Manager

  • Overall responsibility of Site finance function; streamlined accounting processes; drive and maintain a strong internal control, ensuring compliance to all applicable CFM Policies, SOX Compliances.• Member of second level site operation management team ; creating high level of financial awareness across cross function teams on product cost, spend, purchase price variance, Material usage variance. Analysis on solvent recovery cost, inventory loss, Overseeing administration of the finance department and maintains coordination with various internal departments for smooth functioning, Support and drive process improvement initiatives at a Site level• Manage and coordinate the Annual budget process in the range of R 350 to 400 Cr, quarterly forecast in order to meet the financial target• Develop standard cost tool based on Activity base costing for 20+ Product , Actual cost roll up, Validation of BOM, Routing -Machine HR/rate, updation of standard cost in SAP• Supports requirements associated with the month-end financial close, analysis of detailed Trial balance review, identify and close the gap on issue related to Accounts receivable, Accounts payable, Taxation, Inventory Loss, Property plant and equipment, CIP review. GR/IR Control, TDS/ Tax related issues.• Provides monthly detailed product costing analysis and supports management in the evaluation of product costs, analysis of process order and product level variances on a monthly basis and closely work with the operational team to resolve and correct costing issues.• Proven expertise in preparation and Finalization of annual account of listed company - independently handled Balance sheet, statement of Profit and Loss account, Cash flow statement, Notes to accounts. Show less