Prashant Shekhar Email & Phone Number

Hyderabad Area, India

• Business manager for UBS (investment banking operations). Was responsible to manage service delivery levels, operational risk, business transformation and managing multiple year automation contracts. • • FP&A global transition for Solera Inc.: Successfully transitioned over 150FTE work for US based customer (Solera Inc) during the pandemic (February 2020- July 2020). This was the first time where cognizant negotiated for transform and shift model with reduces headcount transition to offshore centers in Poland and India.• Move from transaction-based processing to business event-based processing for accruals. This was a three phased transformation starting with capturing all types of accruals with sufficient details followed by business rule driven accounting logic and cost center allocations. The relevant output was supported with enhanced analytics and business insights. This helped in centralization of all types of accruals under one team. The accounting rule engine supported us to generate accruals for multiple legal entities which helped reduce cycle time from four days to less than 30 minutes• Re-imagine accelerated close to reduce cycle time from 14 days to 4 days: In accelerated close we eliminated and reordered the priority to consolidate logical aggregation of tasks with focus on control automation

Tax advisory and Income tax consultant for NRI's. I specialise in providing NRI's tax services, which includes filing returns, handling Income tax notices and any other aspect relating to Income tax in India

Ncr

Actively involved in all large fund raising initiatives (including debt & asset monetization) at the Entity & promoter level. Developed a systematic process to guide investment and financial closure process in critical business verticals. Instrumental in developing new fund raising opportunities in International markets (thru public offerings) and troubleshooting strategic issues with critical joint venture partners. •Was instrumental in recently concluding the sale (June 2014) of 6 SEZ’s in NCR with a deal size of more than USD 600mn, was involved in the complete sale life cycle starting from idea iteration till SHA negotiation. This entity was listed in AIM market. This is currently the largest RE deal in the country. •Business development: Possess deep network [Broker, Intermediary, land aggregator, investor] (NCR/North India) and market intelligence through constant engagement and scanning of RE developments to identify lucrative early, mid stage, late stage investment opportunities. Worked on Concept evaluation, idea iteration with large private equity(PE) and FIs for Commercial assets & Infra business•Developed strategy and lead a team for debt funding of around $250mn which involved deal negotiation, structuring, documentation and execution. Was made SPOC for 2 large FI who have a significant exposure to the Unitech group•Deal showcasing/ asset diligence of large SEZ asset portfolio ($600-800mn) across NCR to various FII’s which resulted in FII investment of around USD 10 mn in overseas listed vehicle.

•Engaged with large legal advisory firms, market research firms & advisory firms for setting up new business entity (Infra related) in Africa after identifying potential local partners•Worked with MD to create 5 year projections for 6 high end real estate projects for use in lender presentations. Model used for Mezzanine & Overseas / onshore debt with FI/banks & PE•Part of senior team of 3 professionals who negotiated a joint venture agreement for investments worth S$300 mn in Mumbai•Amusement park/ Retail- Developed strategy closely with MD of the vertical to manage investor expectations and help raise debt of around $100mn•Sole member appointed for partner negotiation and set up an investment vehicle in North Africa to develop infrastructure business

Reporting to the Senior Partner in Assurance practiceDeveloped audit plans, evaluated accounting and finance operations, and coordinated all fieldwork for this Big Four public accounting firm. Key responsibilities included recruiting, hiring, supervising and training newly qualified accountants. In addition, delegated assignments and evaluated staff performance.

Chennai Area, India

•Reporting to the Commercial and Risk Management Head, Accenture Services India •Led a team of 10 professionals in 2 delivery centers with a mandate to develop the internal controls and risk management practice for new and existing clients•Preparing a blue print of the service delivery mechanism and defining measurable targets for evaluation by client•Started with a team of 2 persons and ramped up to 10 professionals in a matter of 9 months.•Created standard reporting formats for internal control reviews which resulted in outstanding grade given by client’s internal auditors.

St Albans, United Kingdom

•Undertook a one year contract with PWC UK to gain global work experience, the work involved•SARBANES work for Fortune 500 clients which would involve looking at controls at Business Unit level•Statutory audits as per UKGAAP and IFRS for listed clients in UK•Special assignment for restatement of prior years’ financials for IPG (Inter Public Group)

New Delhi Area, India

Selective work experience includes;1.Fraud Investigations for two listed entities in India, where the report had to be tabled to the Ex-Chief Justice of The Supreme Court of India2. Was part of the E&Y Coca Cola team which was responsible to conduct bottler companies due diligence review.

Aca, Certiifed Accountant

ACA

B Com(Hons), B Com (Hons)

Education record