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FINANCE & ACCOUNTS PROFESSIONALFINANCE & ACCOUNTS PROFESSIONAL
CORE COMPETENCIESCORE COMPETENCIES
 Finance & Accounting Taxation & Transfer Pricing  Financial Planning & Analysis (FP&A)
 Audit & Compliance  Business Process re-engineering  Business Support
 Great Team Player Excellent Management and
Interpersonal skills
 Mentoring and Leadership skills
PROFESSIONAL BIOGRAPHY
• Bachelors in Science – Physics (1985), Post Graduate Diploma in Personnel Management (1986), and
Cost Accountant (1989).
• 26+ years of experience in dynamic environment in various Management Positions in Finance &
Accounting and Commercial having multi-industry exposure and including turnaround in Mercury Car
Rentals Limited (8 years) and Apollo International Limited (8 years).
• Job at Mercury Car Rentals Limited (Avis India) at New Delhi as – Director Finance, responsible for diverse
areas of Finance, Accounts, Tax, Commercial, Banking and IT across all their business with extensive
dealings with CEO / Share holders and JV Partners.
• Possessing strong Commercial sense with sharp analytical skills and thus embracing the organizational
needs in both strategic & tactical business advice.
• Great Team Player with excellent management & interpersonal skills. Possessing high energy with a go
getter attitude, coupled with great mentoring & leadership skills.
EDUCATIONAL BACKGROUND
• School / University
• Pre-University – Intermediate (Senior School Certificate from Central Board of Secondary Education in
1982)
• Bachelors of Science – Physics from University of Madras, India (1982-85)
• Professional / Diploma
• Post Graduate Diploma in Personnel Management (1986) from Coimbatore Productivity Council,
Coimbatore
• Cost Accountant - (1986-89) - From The Institute of Cost & Works Accountants of India (ICWAI).
• Others
• Certification ERP (SAP R/3) – 2003. Specialised in FICO module from Softcorp, Manasoraver Garden,
New Delhi
• Hands on Expertise in ACCPAC (Accounting module).
• Proficient in Office Automation Products – Microsoft Office & others
• Personal Information
• Date of Birth : 13th
March 1965
• Marital Status : Married
• Multilingual with proficiency in Tamil, English & Hindi
REFERENCES
Can provide upon request
L. K. Gowrishankar
RB-118, RBI Quarters, Phase -1, Sector-6,
RK Puram, New Delhi - 110022
Tel: +919810513073, +919810513283
Email: shanks1965@yahoo.com

2. PROFESSIONAL EXPERIENCEPROFESSIONAL EXPERIENCE
CARPRO SYSTEMS (INDIA) PVT LIMITED Feb 2012 – Till Date
CarPro Systems (India) Pvt Limited, is a 100% subsidiary of CarPro Systems (Cyprus) Limited, which in turn is a
100% subsidiary of CarPro Systems BV, Netherlands. CarPro systems is involved in developing, implementation
of Car Rental Software.
Key Responsibilities includes:
 Understand the Interface requirement with Accounting Software for transfer of data, suggest
solutions in accordance with the Accounting Standards followed, create design document, guidance in
development, test, deliver and interact with the Finance Users for complete and satisfying delivery of the
software.
 In addition to above, being a Business Analyst, understand the requirement from the customers based on
the operations, suggest better ways for operations with solutions and if required, create design document,
assist development, test, deliver, install and train the users.
Working as Implementation Manager and successfully completed implementation of Software in AutoZ, Qatar,
Budget Rent-a-Car, Qatar, Salute Finance Limited, Tanzania, and Superprice Rent a Car, Dubai including
interface with Focus, Tally and Navison.
As a business analyst, successfully collected the requirement and generated the design document for Fast Rent a
Car, Abu Dhabi, requirement and design document for finance and operation process including interface
document for Great Plains for Discount Rent a Car, Quebec, Canada, Interface between SAP and CarPro for
AFAL and Interface document between Oracle and CarPro for Best Rent-a-Car, Riyadh, KSA.
Successfully, implemented the interface with SAP for AFAL and Interface with Great Plains for Discount Rent a
Car, Quebec and interface with Oracle for Best Rent a Car, KSA.
MERCURY CAR RENTALS LIMITED. (AVIS India), NEW DELHI Jan 2004 – Dec 2011
A joint venture between AVIS Europe Plc, UK and East India Hotels Limited – Revenue Rs. 780 Million (USD
16Million) from 43 rental locations spread over 16 cities.
Position Held - Director Finance
Lead and manage the entire Finance and Accounting function (end-to-end) across the Business with various
Accounting Functional Managers / Staff reporting (Total 45); and providing Business Advisory and Support on
almost all areas.
Designation Period
Sr. Manager – Accounts & Finance January 2004 to March 2007
National Manager – Finance and Projects April 2007 to March 2010
Director – Finance April 2010 to December 2011
Key Responsibilities includes:
 Accounting and related Polices & Process
Implementation of Accounting Policies and Procedures, and including writing Department Operating
instructions in line with requirements of Accounting Standards leading up to Finalisation of Accounts
catering for both Statutory and Tax needs.
 Financial Planning & Analysis (FP&A)
• Budgeting, Forecasting and Variance Analysis - Actual Vs Budgets.
• Quarterly Rolling-Forecast which includes predictive analysis, control on expenses and plans for
reduction by identifying the major spenders, decision and plan for the future.
• Review and Analysis of key business indicators and taking necessary corrective steps /
measures including the aspects of, Revenue per km, Revenue per hour, revenue per rental, and
related aspects of Costs etc
 Treasury and Cash flow
• Weekly and monthly Cash flow Review and Projections

3. • Treasury Functions –includes aspects of Interest negotiations for Cash Credit and Auto Loans
 Commercial Functions and Asset Management
Part of purchase committee for managing Buy Vs Lease options of over 200 vehicles p.a. Review, Analysis
and recommendation of sale of vehicles.
 Salary and Pay Roll – Responsible for all aspects of Processing of salary, employee taxation,
reimbursements, social security (PF and ESI), etc
 Contractual and Legal Matters– Work on periodical review and finalisation of Standard Agreements for
car hire from vendors, approving of car hire agreements of customers with engagement with external
Legal Counsel as appropriate Time to time review and drawing out various other Corporate Agreements –
Lease, Procurement etc as well.
 Liaison with Government Departments – Liaising with Service Tax, Sales Tax (VAT), Jt. Director General
of foreign Trade (import under EPCG Licences)
 People Management – Have continuously groomed and mentored talent with creation of job opportunities
and have developed personnel from the Clerical to Managerial positions in the span of 4-5 years in the
areas of Revenue, Credit, Payables and IT.
 Tax and Transfer Pricing – Handling all aspects of Corporate Tax, Service Tax, Sales Tax (VAT),
Withholding Tax including filing, returns etc. Additionally, work with Avis, UK on aspects of Transfer Pricing
for declaration to Income Tax Department on Royalty payment, buy / sell transactions of car rental,
purchase of items (badges, ties, jackets etc).
Notable achievements:
Implementation of Accounting Software (Accpac) in April 2005 and Business Intelligence Reports
From Go Live in April 2005, had continuous review for appropriate upgrades / modifications based on business
requirements. These all helped in consolidated data on real time basis thus increasing the turnover and profits
from Rs.18 Crores in FY’04 to Rs.95 Crores in FY’12 (Estimate)
Traveller - Centralised the master of Traveller (the front end system) for reservations and billing for
standardisation and a bridge to transfer revenue data from Traveller to Accpac
Carpro (Web based front end chauffeur driver car rental software) –Spearhead the review, development and
eventual implementation in April 2010, and continuous further enhancements for Business intelligence reports.
Sage Pocket and Sage Online (Web based HR Software) – Spearhead the review and implementation of the
system in April 2010 which helps in all aspects of Yearly update of taxation based on Budget by the Government,
helping track leave, reimbursements, salary, social security update etc.
Service Tax Audit - Completed audit for FY’04-FT’11 with Nil queries and minimum demand. Also completed
audit for all branches before centralisation in April’07.
APOLLO INTERNATIONAL LIMITED, GURGAON Jan 1996 – Dec 2003
(One of the group companies of Apollo Tyres Limited. Apollo International Limited has a turnover of about Rs. 250 Crores.)
Position Held - Assistant Manager (Finance & Commercial)
Key Accountabilities includes:
 Verification and approval of vouchers for accuracy and precision
 Valuation of Stocks and submission of stock statements to bank
 Finalisation of accounts for statutory and tax audits
 Accounting of overseas branch transactions and consolidation
 Preparation of Annual Budgets and forecast after monthly MIS
 Maintenance and Audit of Fixed Assets
 TDS deduction, deposit and returns both for Vendors and Employees
 Logistics (movement and consolidation of tyres for shipment) including pre and post shipment documents
and Liaison and negotiation with C & F agents.
 Treasury related services like discounting of documents in banks, update of limits, collection of Bank
Realisation Certificates for exports and bank reconciliation
 Liaison with Joint Director General of Foreign Trade for issuance and redemption of Advance Licences
 Liaison with Customs Department for Import , Export and Endorsements in DEEC books and advance
licences
Notable achievements:
• Developed an ERP comprising of Sales, Purchase, Inventory, Administration and Financial Accounts
modules in Foxpro. This salient features of the software :-
• Balance Sheet and P & L as per Schedule 6 of the Companies Act

4. • Accounting of Overseas Branches both in foreign currency and INR
• Multi Company Accounting and consolidation at year end
• Provisions for Monthly MIS without affecting the books of Accounts
• Bank Reconciliation
• Developed a software for annual budgets and integrated with the accounting software
AGIO EXPORTS LIMITED, NEW DELHI Nov 1993 – Dec 1995
(They are one of the Merchant Exporters engaged in the exports of leather goods)
Position Held - Jt. Manager (Commercial)
Key Accountabilities:
 Logistics (movement and consolidation of items for shipment) including pre and post shipment documents
and Liaison and negotiation with C & F agents.
 Treasury related services like discounting of documents in banks, update of limits, collection of Bank
Realisation Certificates for exports and bank reconciliation
 Liaison with Joint Director General of Foreign Trade for issuance and redemption of Advance Licences
 Liaison with Customs Department for Import , Export and Endorsements in DEEC books and advance
licences
MEKASTER GROUP OF COMPANIES, NEW DELHI Feb 1987 – Oct 1993
Career movement is as under:-
• Joined as Executive Sales – 01st
February 1987 in Chennai Branch
• Was promoted to Assistant Manager (Imports and Exports) in April 1989 and transferred to Delhi on 1st
July 1989
• Was promoted to Dy. Manager (Commercial) in January 1992
Key Accountabilities:
 Sold specialized hand tools from February 1987 to June 1989
 Liaison with Joint Director General of Foreign Trade for Replishment Licences and Cash Subsidy for the
exports of apparel and specialized hand tools
 Consolidation of orders received for import, place order on the overseas supplier, open LC’s or effect
advance payment, custom clear the consignment and dispatch and billing to the customers.
 Treasury functions include, opening of LC’s, negotiation of documents, bank realisation certificates etc.
 Pre and Post shipment documents for Exports and all documents for imports and local dispatch.
Notable achievements:
Mekaster, being agents for multiple foreign companies for Hand tools, Telecom equipments etc was eligible for
special import licences for import of spares for the equipments imported into India. Successfully imported
telecom spares for ITI Palghat, to the tune of Rs. 250 Crores in 60 days based on the special import licences in
1991. This included placement of orders, opening of LC’s custom clearances and dispatch to ITI Palghat.