Karthik Narayanan

Chartered Accountant | Business Finance - P&L Management, RFI\'s & RFQ\'s, Pricing, Contract closure- Legal & Commercials | Corporate Finance | Management Reporting| Planning and Budgeting| Project management |GST

Role
Group Head Finance at Turbo Energy Germany Gmbh
Location
Chennai, TN, IN
LinkedIn followers
500 followers
Finance & AccountingView LinkedIn profile

About Karthik Narayanan

A CHARTERED ACCOUNTANT having ~18 + years experience, predominantly involved in Managing clients from an end-to-end commercial and contracting stand point across diverse business lines in Banking,Customer Service and Corporate Business Services. Industry wide experience in IT/ITeS, Manufacturing and Outsourcing industry in the role of Business Finance, Accounting and Controllership functions, MIS reporting, Audit and Compliance (SOX implementation) and Service Delivery.Specialities:• Client Handling and Account Management • End to end commercials and contracting for Customers (RFQ\'s & RFP\'s)• Business Finance and P&L Management• Financial Planning and Analysis(MIS) • Business Process Mapping & Internal controls • Audit and Compliance(Internal Audits, Legal compliance, Secretarial SOX, etc )

Experience

  1. Group Head Finance

    Turbo Energy Germany Gmbh

    May 2020 — Present · IN

    Group Head -GM- Finance at Turbo Energy Pvt Limited - India.(Erstwhile TVS group)ROLE : FINANCE CONTROLLER (From August 2024)End- to-end controller role, covering P&L mgmt, Balance sheet and cash flows. Ensuring compliance with statutory laws and maintaining Key Ratios. Presentation to Sr.Mgmt every month covering Revenue and profitability by co-ordinating with Cross functions.Closure of Statutory & tax Audits.ROLE: CORPORATE- FINANCE: Managing three private entities (TEPL, ABI-Showatech and Stellar Optics) under the Erstwhile TVS Group (Brakes India Management) turnover of INR Crores.Responsible for the following Functions: Internal Audit, Direct Taxes, Indirect Taxes, Legal, Secretarial and Insurance function.SIGNIFICANT ACHIEVEMENTS:Management Excellence award for 2 years –Cash prize for FY 20-21, FY 21-22 & FY 22-23 Insurance savings of ~ Rs 51 lakhs by way of renewal and Exceptional claims settlement. Legal: Successfully Negotiated a license breach with a vendor and resulted in a WIN-WIN situation of Rs ~1.2 Crores. Direct tax: Completed an assessment (AY 20-21) for Foreign Warehouse services, which was disallowed in previous years on the grounds of technical services. Rs ~2.04 Crores. Automation:o Secretarial: Conduct of meetings & Digitization of past records - Completedo LCMS (Legal compliance Mgmt. system)- Compliance Dashboard (~300 Acts) to Sr. mgmt-In progresso GST with E&Y – GST solution software (ITC, etc.)~ 200 Man-hrs. savings – Completed

Education

  • MSME Development Institute - India

    GST Practioner, Indirect tax

Skills

  • Strategic Planning
  • Outsourcing
  • Financial Planning
  • Auditing
  • Financial Analysis
  • Information Technology
  • Business Development
  • Sarbanes-Oxley Act
  • Finance
  • Internal Audit
  • Analysis
  • Business Strategy
  • Bpo
  • Vendor Management
  • Mis
  • Strategy
  • Internal Controls
  • Erp
  • Process Improvement
  • Commercial Finance
  • Management
  • Service Delivery
  • Strategic Financial Planning
  • Business Analysis
  • Contract Negotiation
  • Business Decision Making
  • Transition Management
  • Financial Modeling
  • Business Process Improvement
  • Crm
  • Team Management

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Karthik Narayanan — Group Head Finance at Turbo Energy Germany Gmbh in Chennai, TN, IN | Unifers