Prashant Lele Email & Phone Number

Mumbai, Mh, In

Mumbai, Maharashtra, India

Financial Planning & Analysis: Lead the budgeting, forecasting, and financial planning processes, ensuring alignment with strategic business goals.Cost Optimization: Implement cost control measures and efficiency improvements, resulting in 10 Crore cost savings to the company in FY23-24.Performance Monitoring: Develop and monitor key financial performance indicators, providing actionable insights to senior management.Business Partnering: Collaborate with business units to provide financial guidance and support, driving informed decision-making. Partner in designing sales incentives, discounts and promotional schemes for business growth.Reporting & Compliance: Ensure accurate and timely financial reporting, compliance with regulatory and taxation requirements, and adherence to corporate policies.People Development: Leading the people development initiatives for entire finance team of 70+ people. Brought the finance team to 10 functions in the Employees Promotors Index within the company wise survey.

Mumbai, Maharashtra, India

Leading entire team of 45 people in commercial department. Accounts Payable, Receivable, Franchisee operations, inventory and margin control, business support and collection management.

Chennai, Tamil Nadu, India

Mumbai, Maharashtra, India

Mumbai, Maharashtra, India

Advanced Professional Training on:a) Microsoft Excelb) Microsoft Power BIConsultancy. Following are the areas of expertise.a) Developing Business plansb) Building Financial Models, feasibility reports, etc. for new projects.c) Data visualization and presentationd) MIS reporting automationOnline courses. A variety of online courses to enable people to learn remotely. Learning is an unending process and our online digital courses would help you to achieve it by having any time and anywhere access to the high-quality course content.

Mumbai, Maharashtra, India

Transfered to new role as part of CEO's office, Reliance Jewels.

Mumbai Area, India

1. Accounting of Retail Stores Sales,Margin & Expenses.2. Notional Expenses Provisions for Owned Stores.3. Store wise profitability analysis.4. Product Category Performance (Gold, Diamond, Coins, etc.)5. Inventory Management at Stores & at Distribution Centers.6. Categorization of Products. (Fast Moving, Slow Moving, etc.)7. Assisting Merchandising Team in procurement of right products.8. Preparing and implementing Promo Schemes.9. Preparing and Implementing Sales & Other Incentive Schemes.10. Analysis of Marketing Expenses.11. Monthly Closure of Store Wise and Company P&L.12. Circulation of Various Reports on stores and Company profitability, EBIDTA, Retail Contribution and Working Capital Interest.13. Accounting of funds borrowed and paid to parent company.14. Assisting in Treasury Activities, Hedging, etc.15. Stock Valuation16. Circulation of Periodic Dashboards (Daily, Weekly, Monthly, etc)17. Working in SAP FI, CO & MM.18. Working in Microsoft Dinamics Accapta.19. Reportees - 3

Mumbai Area, India

1. Preparation of Various Statutory and Management Reports.2. Sales and Margin Analysis for Franchisees, Distributors, Shop-In-Shop (SIS), Sale or Return (SOR) and Outright Wholesale Customers.3. Monthly Closing and Preparation of Profit & Loss A/c and Balance Sheet.4. Meet all Repoting Requirements and Deadlines of Headquarters in Spain.5. Assisting CFO and Company Secretary in preparation, conduct and recording of Minutes , etc. for Shareholders and Board Meetings.6. Evaluation of Franchisee Payments, Rent, CAM, Manpower and Overhead payments for Franchisee Stores.7. Preparation for and Conducting Tax Audit, Satutory Audit and Internal Audits.8. Huge Data Wroking in MS Excel Due to absense of ERP Package.9. Well-Versed with MS-Excel Functionalities.10. Reportees - 1

Navi Mumbai

1. Joined as Account Executive for a role of Project Accountant.2. Promoted as Factory Commercial Manager for Green Field Gwalior Factory.2. Evaluating Capital Expenditure Proposals.3. Handling Financial Aspects of On-Going Projects.4. Issuing Road Permits, "C" Forms, etc. to Project Vendors.5. Monitoring Project Costs vis-a-vis Budget and raise warning if any Expense Head is exceeding budget.6. Financial Evaluation of Quotations and help the sourcing team to negotiate and shortlist the contractors.7. Calculation of Liquidated Damages, Penalties, etc. in cases of Delayed Delivery, Faulty Work, Etc. by Contractors / Suppliers as per Contract Agreements.8. Was also Handling Accounting and Finance Activities of Navi Mumbai Factory.9. VAT, CST, Service Tax and Excise Activities. Collection, Payment, CENVAT and Returns Filling.10. Yield Analysis of Factory on Monthly Basis.11. Control on Factory Activities, Cost Reduction Initiatives, Internal Controls, Timely closing of Process Orders, Physical Stock Check Etc.12. Working in SAP - FI, CO, MM and PS Modules.13. Assisted in Implementation of SAP PS Module (Project Systems).14. Reportees - 5

Pune

1. Responsibile for Accounting, recording, payment and costing of Packing Material used in the product.2. Timely booking, scrutiny and payment of bills for Toll Converters.3. Physical Stock Check of Packing material inside Factory as well as at Toll Converter's location.4. Quantity Reconciliations for packing material supplied by Toll Converters and Returned.5. Month End Closing of Plant Books.6. Arriving of product cost, RM + PM + Direct Overheads.7. Discussion with Operations Team on Variances and Cost Reduction initiatives.8. Calculation of Energy Cost for Steem. (Boiler + Fuel + Manpower + Overheads)9. Handling Complete Accounting of Inhouse Captive Packing Material Plant. (Film Plant).10. Working in J.D.Edwards & NIS ERP Packages. Very Well-Versed with Ms Excel.11. Reportees - 2

Mumbai Area, India

1. Day to Day Accounting2. General Entries, Ledger Scrutiny3. Petty Cash Transactions4. TDS & TCS5. Assisted in Ship Chartering and Container Stuffing, etc.6. Assisted in preparation of Pre-Feasibility reports for Shipyard Projects7. Interaction with Bank for Loan Proposals, documentation, etc.8. Vouching and Book Keeping,9. Working in Tally 9.010. Reportees - None

Mumbai Area, India

1. Bill Booking,2. Accounts Payable,3. Vendor Reconciliation,4. Accounts Receivables,5. Bank Reconciliation,6. TDS & TCS Deduction, Return Filling and Form 16A,7. Monthly & Quarterly Books Closing, Provisions and Prepaid Entries.8. Vendor And Customer Ageing Reports Preparation and Analysis.9. Working in MS Excel, ERP Focus and Quick Books.10. Reportees - None

Cs Intermediate, Secreterial And Legal Compliance, Pass

Secretarial and legal compliance

Cma, Cost And Management Accounting., First Attempt

Cost & Management Accounting

Bachelor’S Degree, B.Com., A

Bachelor of Commerce

High School, Ssc, A

Activities and Societies: RSP