Prakash Chakkungal

Prakash Chakkungal Email and Phone Number

Business Partner Finance & Consultant
Prakash Chakkungal's Location
United Arab Emirates, United Arab Emirates
About Prakash Chakkungal

Leading the financial strategy for two leading MNC's listed on NYSE, my focus has been on driving business growth, particularly in the MENA region. Our team's collaborative efforts have been instrumental in closing significant projects, enhancing profitability, and ensuring compliance with various international regulations. My expertise in financial planning, sales, and branch management underpins my role, where I've utilized strong analytical and forecasting skills to articulate clear strategies and visions. This has been critical in thriving within the manufacturing sector and steering our operations towards continuous improvement and outstanding results.

Prakash Chakkungal's Current Company Details

Business Partner Finance & Consultant
Prakash Chakkungal Work Experience Details
  • Lindsay Corporation
    Senior Director Of Finance, Emea & Apac
    Lindsay Corporation Oct 2022 - Jun 2024
    Netherlands
    Based out of Rotterdam, Netherland at Lindsay International Holdings, BV. Driving business growth in MENA region.key responsibilities included safeguarding the integrity of the income statement and balance sheet, leading strategic financial planning and analysis, cashflow management, overseeing internal controls, managing budgeting and forecasting processes, ensuring compliance with financial regulations, and providing strong leadership and management to the finance team.As a Business Partner in Finance, I have actively collaborated with the commercial team, traveling to key markets such as Uganda, Rwanda, Kenya, Azerbaijan, Turkey, where I played a pivotal role in closing mega projects and multi-million-dollar deals. Was part of closing the single largest order in company history. Was part of driving business growth.
  • Freelance (Self Employed)
    Financial Services Consultant
    Freelance (Self Employed) Oct 2021 - Sep 2022
    United Arab Emirates
    Consultant for Financial services, Accounting, HR , Investments.Automation & InnovationInternal controlsStrat PlanCashflow managementworking capital management
  • Valmont Industries
    Finance And Admin Manager
    Valmont Industries Oct 2001 - Sep 2021
    United Arab Emirates
    key responsibilities included safeguarding the integrity of the income statement and balance sheet, leading strategic financial planning and analysis, cashflow management, overseeing internal controls, managing budgeting and forecasting processes, ensuring compliance with financial regulations, and providing strong leadership and management to the finance team.With over two decades of comprehensive experience in finance, accounting, and administration, I have consistently demonstrated a strong ability to lead teams, drive financial growth, and implement effective controls in diverse industries. My expertise spans financial planning, budgeting, forecasting, cost management, and compliance, making me a versatile and resourceful leader capable of managing complex financial operations and delivering tangible results.As a Business Partner in Finance, I have actively collaborated with the sales teams, traveling to key markets such as Sudan, Egypt, Libya and other African countries, where I played a pivotal role in closing mega projects and multi-million-dollar deals. My hands-on involvement in these high-stakes negotiations underscores my ability to deliver financial insights and strategic support that directly contribute to business success. Was part of driving business growth.I am well-versed in financial regulations and compliance requirements, particularly in free trade zones like JAFZA, and possess strong analytical skills that enable me to interpret financial data and secure revenue sources efficiently. My leadership is aligned with core values of passion, integrity, continuous improvement, and delivering results, which I consistently embody in every role.
  • Asia Pulp & Paper Indonesia
    Senior Accounts Executive
    Asia Pulp & Paper Indonesia Oct 1997 - Sep 2001
    United Arab Emirates
    At Campania Trading , Jebel Ali , a 100% owned subsidiary of APP, my roles and responsibilities included Accounting and Audit with a strong focus on financial management and reporting. I have a proven track record in preparing annual budgets, including forecasting sales, gross profit (GP), operating profit (OP), inventory and receivables turnover, and capital expenditure requirements. I was responsible for analyzing Income Statements and Balance Sheets, measuring KPIs using the DMAIC methodology, and ensuring accurate and timely financial reporting.In the Banking and Finance domain, I managed cash flow, approved remittances, L/Cs, L/Gs, and payroll as an authorized signatory, and liaised with banks on credit lines, cash management, and trade services. My expertise also included cost analysis, where I conducted AR overdue analysis, inventory aging assessments, and implemented Lean Management and 5S practices to enhance productivity and efficiency.I provided comprehensive management reporting, including weekly forecasts to corporate finance, monthly financial presentations to the GM, and quarterly profitability reviews. Additionally, I ensured compliance with internal and statutory audit requirements, maintaining a robust internal control environment.
  • Computer Data Networks W.L.L.
    Branch Manager
    Computer Data Networks W.L.L. Oct 1992 - Sep 1997
    United Arab Emirates
    In my role as Branch Manager, my key responsibilities included Sales and Marketing for Computers & IT-related products (1995 to 1997). I conducted site visits, assisted in designing the required computer networks (LAN/WAN), and prepared quotes and job costing. I was responsible for closing deals, overseeing project implementation, and ensuring successful completion.I also prepared tender documents and bids, studied market size and share, and conducted research on competitors and new technologies, such as fiber optic cabling and innovations. My role extended to purchasing, sourcing, and inventory management, as well as conducting sales and margin analysis, comparing results with the previous year and budget. Additionally, I managed LCs, BGs, receivables, and collections follow-up.

Prakash Chakkungal Education Details

Frequently Asked Questions about Prakash Chakkungal

What is Prakash Chakkungal's role at the current company?

Prakash Chakkungal's current role is Business Partner Finance & Consultant.

What schools did Prakash Chakkungal attend?

Prakash Chakkungal attended Harvard Business School, National Institute Of Business Management, India, Mumbai University Mumbai, Trainings And Seminars Attended.

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