Prashanth Jayaraman Email & Phone Number

Mumbai, Maharashtra, India

• Finance Business partner for IPD (R&D).
• Driving the Controllership agenda by ensuring P&L Hygiene, closure of open PO's, open GR-IR, open advances, CWIP review and ensuring timely capitalization.
• Review of contractual agreements and providing feedback with respect to financial aspects.
• Monthly Opex spend analysis against the approved Budget to identify major deviations.
• Monthly inventory analysis.
• Finance SPOC for the Regulatory department.

Mumbai Area, India

• Review of monthly budgeting and forecasting activity for the Quality function.
• Streamlining the pharmacovigilance function’s accounting treatment for expense provisioning.
• Review of monthly inventories written-off and presenting major write-off reasons.
• Prepared the Cipla Quality Budget for FY20.
• Conducting Cost-benefit analysis of capex proposals.
• Driving projects for identifying cost saving opportunities in Quality function.

Mumbai Area, India

• Co-ordinating with company’s treasury, secretarial, taxation, consolidation and FP&A teams on a regular basis to ensure smooth operations at Cipla Biotec.
• Monthly review of financial statements and presenting major deviations to management.
• Involved in preparation, review and analysis of monthly budgeting and forecasting activities for over INR 200 Crores.
• Co-ordinated as a finance business partner for cross-functional financial assistance.
• Assisted the management in activities pertaining to closure of Biotec business operations.
• Led negotiations with vendors to close outstanding payables/receivables successfully.

Mumbai Area, India

• Acquired in depth financial knowledge about Manufacturing, Human Resources, Real Estate, Financial Services and Information Technology
• Conducted audit of financial statements in accordance with Indian GAAP as per the Companies Act, 1956
• Led teams of on-site audit staff, assigning priorities, approving team's work for partners’ signoff
• Principal on-site client contact on projects, interacting frequently with client’s finance teams and discussing the presentation of financial information
• Conducted quarterly review of financial statements as prescribed by the listing agreement with Indian Stock Exchanges and finalisation audits of a BSE 30 client
• Conducted the audit of year-end foreign branch accounts of Larsen and Toubro Infotech Limited for IGAAP conversion and consolidation

Mumbai Area, India

• Performed understanding of the client business cycle, involving risk assessment and critical analysis of control
• Performed ratio analysis and financial statements analysis under client’s preliminary review
• Performed a system flow analysis of the Real estate transactions for L&T Realty ltd which helped to understand the flow of transactions into the books of accounts
• Managed and lead a team of three to deliver tight deadlines for SAF Yeast Company Private Limited for the year end audit of 2012-13

Mumbai Area, India

• Been part of bank audit for State Bank of India covering three major branch audits in Mumbai
• Conducted payroll analysis as part of the audit procedure for Larsen and Toubro limited which included verification involving a three way reconciliation between the Human resource database, transactions posted in SAP.
• Conducted year-end stock verification and valuation as per Accounting Standards prescribed by the Institute of Chartered Accountants of India
• Verified the internal control procedures of clients using accounting systems such as SAP, Fox pro, Baan IV and Tally
• Hands on experience of working with Microsoft Office products as part of conducting the audit of client’s financial statements
• Certification work as prescribed by various regulatory authorities such as verifying the TDS compliance with regards foreign remittances by clients in accordance with the Double Taxation Avoidance Treaty and Income Tax.

Master Of Business Administration (M.B.A.)

Activities and Societies: Represented Lancaster university Management School at MBAT (International MBA sports tournament) in cricket and.

Chartered Accountancy(Associate Chartered Accountant)

Bachelor Of Commerce (B.Com.), Accounting And Finance

Activities and Societies: Actively participated in the inter-collegiate festival 'Fantasies'