Prasant Kumar Panda

Experience

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  MK & MK

  Apr 2008 - Jan 2015

  Senior Audit Executive
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  Seaside Utilities Pvt. Ltd.

  Feb 2015 - Jan 2018

  Assistant Manager (Accounts & Finance)
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  JBA Business Advisors LLP

  Mar 2018 - Aug 2021

  Manager FP&A

   Managing the Team deployed at various Clients place and ensuring all the entries booked on time. Guiding the team in proper booking of day-to-day business transactions Ensuring closure of books on time after review all entries passed in books Preparation of Monthly MIS and submission of deck to Management before deadline Monthly review of Statutory Ledgers like TDS, PF, ESI, PT and GST and ensuring the deposit and filing of return on time. Presenting the work progress to reporting partners on weekly/monthly basis for various clients. Preparation of weekly AR, AP Analysis sheet and sending the team to follow up for due collection. Discussion of monthly MIS with Promoters and explaining the reason for the change in figures as per Budget. Preparation of SOP, Monthly Calendar List, Monthly closure activity for new clients Dealing with Bankers for foreign remittances, Loans documents, Stock Statement and other requirement of Management Preparation of Revenue forecasting based on contracts signed and updating the statement on regular basis. Help management in Development of MIS, documentation of finance policies and procedures. Preparation of Business and Project wise profitability and performance dashboard and presenting to the management. Investor reporting, Revenue assurance, Financial Model for funding purpose. Review & analysis of agreements for financial and pricing decision support to management. Preparation of P&L forecasting, rolling budget, cost and revenue budget preparation and reason for Budget Vs Actual and presenting to the management. Drive monthly and quarterly financial close and related processes and Review of financial statements, PL MIS preparation, GL Accounting, Financial reporting, Reviewing of Trial Balance, Leading Process Improvement Planning. Preparation and finalization of Financial statement and working with statutory auditors for smooth closing of annual audit. Show less

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  Accenture

  Aug 2021 - Nov 2021

  Senior Finance Analyst - FP&A

   Analysis of financial statement and preparation of various management reporting to deliver client. Attending clients meeting and taking up new assignments and comply due process. Preparation of high quality SOPs for various Finance processes and get it approved. Working closely with clients to understand and clearly define their business planning and reporting requirements. Understand the strategic direction set by senior management, clearly communicate team goals, deliverables, and keep the team updated on change Providing with guidance when determining methods and procedures on new assignments. Creating plans for and supporting in IT automation for various process activities. Provide ad-hoc and exception financial analysis to complement monthly financial report. Show less

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  PTW

  Dec 2021 - May 2023

  Finance controller

   Reviewing month-end closure activities with Planned Checklist and ensure that the activities completed within deadline. Ensure all the month end accruals, Prepaid, Provisions, un-billed revenue are posted in book. Preparation of Inter-company cost segregation and generating Export invoice after adding the markup. Preparing Payroll analysis with project/LOB wise allocation of cost for management review and sending team to pass entry with respective Project/LOB wise. Reviewing all the Vendor invoice entries before approving for posting. Reviewing all the Statutory Ledgers monthly before the book closure and ensure the correctness of liability payment. Preparing monthly cash flow sheet at the beginning of the month based on expected collections, regular vendor payments, Salary payment, Tax payments and any one-time periodical payment. Reviewing all the working of monthly statutory payments (GST, TDS, Payroll taxes) prepared by team and ensure timely deposit and ensure timely filings. Preparing MIS Deck on time and publishing Report to Management with line-by-line reason for variance. Preparing Project -wise Monthly Gross Margin and Net Margin Reports. Circulating Debtors Reports to concerned Country controllers to follow up on collections. Ensuring all the export realization are received within FEMA timeline. Preparing payment plan based on the due date of vendors and managing payments smoothly on weekly cycle. Preparing of Consolidated financials monthly for management to understand Global Performance and report in the group accounts tool. Respond to all the queries received from Group FP&A team and Senior management with regards to MIS and financials. Ensuring monthly submission of Softex to STPI for export invoices. Co-ordinating with Banker on foreign remittance and getting rate for conversion. Submission on EDPMS documents to Bank by mapping Shipping bill with invoices and inward remittances. Show less

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  Quess Corp Limited

  May 2023 - now

  Senior Manager - Business Finance

   Proactive in reviewing financial information, identifying exception / and any irregularities initiate action to rectify and follow up for logical closure. Develop clear understanding of key business drivers, analyses key financial metrics, provide value add analysis, support to sales / finance management Build framework for annual operating plan, and conduct periodic budget vs actual variance analysis along with comments Build operational plan for optimizing on utilization and channel mix Managing business level contribution P&L, MIS and analyzing the same for Business reviews/ presentations. Monthly / Quarterly numbers and PPT preparation for review for Leadership Team Support finance / business leader in simulation of revenue projections and corresponding expenses working including working out margin protection / improvement plans. Work closely with cross functional teams to resolve issues if any on P&L Create Return on investment views to guide stakeholders on investing in right pockets with a clear understanding on sources and deployment of funds Address any finance / tax / governance / control related queries from business stakeholders Participate in monthly business review with respective business heads and further plan of action to meet the estimated operational goal, new business, billing and collection. Handling complex ad-hoc requests including transaction support requests with a short turnaround time and supplementing such requests with appropriate analysis and comments. Lead / Participate / Drive standardization automation projects for process efficiency. Show less