Prasanta Kumar Sahoo

MBA(Finance), ICWA, FMVA®, FTIP™,BIDA®, Google Data Analytics. Finance Professional | Ex-SLB I Accounting, Controlling, MIS, Budgeting, Manufacturing, Costing, SAP, Oil and Gas Industry, Fintech.

Role
Head of Finance and Accounting at BudgetCFS Terminals Pvt Ltd
Location
Navi Mumbai, MH, IN
LinkedIn followers
500 followers
Finance & AccountingView LinkedIn profile

About Prasanta Kumar Sahoo

I am a finance leader with over 22 years of experience in various industries, such as oil and gas, manufacturing, and digital payments. I hold an MBA in Finance and a certification in Cost and Works Accountancy (ICWA), as well as proficiency in SAP and BPC environments.My core competencies include Accounting, Cost Analysis, budgeting & forecasting, and MIS reporting. I ensure compliance, efficiency, and transparency in all financial transactions and reporting, and provide crucial insights to guide strategic decision-making processes.

Experience

  1. Head of Finance and Accounting

    BudgetCFS Terminals Pvt Ltd

    May 2025 — Present · Navi Mumbai, IN

    As Group Head of Finance & Accounts for a logistics organization comprising CFS and bonded warehousing operations, the role is responsible for overall financial governance and control across entities. Key responsibilities include end-to-end management of invoicing, customer collections, vendor payments, and credit control to ensure smooth operations. The position oversees cash flow planning, working capital optimization, and fund management, including arranging short-term and long-term finance and managing banking relationships.The role leads finalization of accounts, preparation and consolidation of financial statements, audit coordination, and timely monthly and annual closures. It also ensures robust MIS, budgeting, forecasting, and financial analysis to support management decisions.A critical responsibility is ensuring full compliance with statutory and regulatory requirements, including GST, Income Tax, Companies Act, customs, and bonded warehouse regulations. The role further involves strengthening internal controls, streamlining financial processes, managing finance teams across locations, and acting as a strategic finance partner to business leadership, supporting sustainable growth and operational efficiency across the group.

Education

  • Utkal University

    Bachelor of Commerce - (B.Com), S.V.M. College, Jagatsinghpur , Business/Commerce, General

    1994 — 1997

  • Guru Ghasidas University

    Master of Business Administration - MBA, Accounting and Finance

    2005

  • Institute of Cost Accountants of India

    ICWA, Accounting and Finance

    1997 — 1999

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Prasanta Kumar Sahoo — Head of Finance and Accounting at BudgetCFS Terminals Pvt Ltd in Navi Mumbai, MH, IN | Unifers