Pranav Desai Email & Phone Number

Ahmedabad, Gujarat, India

• Part of the Senior Operating Management, responsible for smooth conduct of day-to-day affairs of the company and to deliver the targeted result. To ensure effective control in overall business operation.
• Representing Company on the Board of the Subsidiary Company as Nominee director contributing to the overall business of the company
• Responsible for Consolidated and Standalone financials, under INDAS which includes preparation and updation of the ECL and EIR model.
• Convergence of Financials of newly acquired subsidiary into INDAS and to study impact of INDAS on new line of business and making policies for optimum impact.
• Actively Involved in System identification, designing & Implementation. This includes ERP Financial Accounting system, Loan Management system (LMS) and MIS system
• Formulation of Annual Business plan & presentation of the variances for effective decision making

Chennai, Tamil Nadu, India

• Part of the operating management, responsible for smooth conduct of day-to-day affairs of the company and to deliver the targeted result. To ensure effective control in overall business operation.
• Actively involved in Series D round of equity raising for matters like- Valuation of shares, Various regulatory impact & coordination with various stakeholders. Also participated in downstream investment in wholly.
• Actively participated in System identification, designing & Implementation. This includes ERP Financial Accounting system, Loan origination system (LOS), Loan Management system (LMS) & HRMS
• Effectively contributing to the business as a part of various committees Like Credit committee, Product approval committee, IT steering committee and Finance committee
• Responsible for converging financial from Indian GAAP to INDAS
• Formulation of Annual operating plan & presentation of the variances for effective decision making

Mumbai, Maharashtra, India

• Part of the operating management, responsible for smooth conduct of day-to-day affairs of the division to ensure effective control in overall business operation.
• Reviewing of the processes and policies, keeping in view the change in business environment for effective control.
• To coordinate with stake holders for various reporting requirements.
• Coordination and timely closure of audits (Statutory & Internal)
• Heading retail asset operation of the company
• Responsible for Direct & Indirect tax compliances

Mumbai

• Part of the operating management, responsible for smooth conduct of day-to-day affairs of the company and to deliver the targeted result. To ensure effective control in overall business operation.
• Representing Company on the Board of the Subsidiary Company as Nominee director contributing to the overall business of the company
• Align the finance and operation team and related processes as per the new business structure of business correspondent.
• Formulating new and constantly monitoring existing processes and policies, keeping in view the change in business environment to ensure better control.
• To guide the front-end team to achieve budgeted results and improve performance and productivity.
• Coordinating with consultants, experts and regulator for matters relating to business restructuring like Merger, Due Diligence

Mumbai Area, India

• Responsible for migrating accounts to SAP system for the newly acquired entities and shifting payables to shared services center.
• Overall ownership of review of financial statement and analyzing the same and reporting.
• Visiting the location to review control and processes of the company.
• Ensure various requirement of the parent company for consolidation are complied with.
• Ensure all statutory compliances are complied with and all returns are filled. To co ordinate with NHB inspection team.
• Handle and control reconciliation of bank accounts, Intercompany transactions & Insurance business.

Mumbai Area, India

• Overall responsible for managing all Accounts, Finance, Taxation, Compliance and MIS & Budgeting.
• Full accountability and responsibility in accurately preparing financial statement and analysis of the same at Product, Segment and Location level
• Overall responsible for all the MIS & analytic report issued.
• Key member in annual budgeting exercise and Lead & guide the team in analyzing variance report.
• Provide details to parent company for consolidation of accounts and for statutory compliances.
• Actively participated in impact analysis of retail asset amortization if financials are converted from Indian GAAP to IFRS.

Mumbai Area, India

• Build the team at branches to ensure proper control in decentralizes and outsource environment.
• Donned the responsibility of analysis of the profitability and to provide required inputs to front end team to achieve the budgeted results.
• Closely monitored the reconciliation of Bank and Dealer account.
• Deftly ensured that audit observations were gradually marginalized and the ratings of the branches were improved.
• Associated closely to make the retail loan disbursements and issuance of NOC within TAT specified
• Actively involved in system development and testing during migration from FoxPro based system to oracle-based system.