SATYANAND BHATTIPROLU
Mobile: 09848018603
E-Mail: bhattianand@yahoo.com
JOB OBJECTIVE
Seeking senior level assignments in Finance with an organization of high repute preferably in Hyderabad
PROFILE SUMMARY
A dynamic qualified CA with nearly 16+ years of experience in entire gamut of Finance & accounts which includes: -
♦ Financial Accounting, Planning & Analysis
♦ Corporate Finance & Treasury/Fund
Management & MIS Reporting
♦ Audit & compliances including corporate
governance
♦ Project Finance & CAPEX Management
♦ OPEX, Vendor & Customer management
♦ Operations & Business development
♦ Budgeting & Forecast Trends
♦ KPI / KRI Reporting & Analysis
♦ Financial Modeling
♦ Due Diligence / Compliance
♦ Cost management & Product pricing
♦ Transfer pricing audit/compliances
♦ Executive Presentations
♦ Internal controls through SOPs
♦ People Management, HR & Admin services
♦ Design and documentation of SOL Ids & SLAs for
business outsourcing process
♦ ERP Implementation
• Demonstrated business acumen in leading and managing the finance operations and contributed higher rate of
organic growth.
• Adept in streamlining the working procedures, formulating cost effective solutions for enhancing accounting
operations by operational strategies by evaluating existing practices, determining quality of reports, designing
internal control systems, resolving problems and implementing change by automating the process through
available IT resources.
• Proven ability in improving operations, enhancing business growth & maximizing profits through the
achievements in finance management, internal controls & productivity improvements.
• Experience in managing operations, handling team and implementing strategies towards achieving desired
targets.
• Skills in streamlining work flow and creating a team work environment to enhance profitability.
• Design and documentation of various processes (SOPs) with the help of work flow charts to achieve
organization objectives
• Possess significant leadership experience resulting in better financial performance and enhanced systems for
higher performance of the team.
• Distinction of bringing about improvements in reporting of profitability statements, MIS, accounting
procedures. Well versed with modern accounting systems & procedures.
• An effective communicator with good people management, leadership, analytical and leadership skills.
CORE COMPETENCIES
Financial accounting, planning, budgeting, reporting & MIS:
• Handling End of Month tasks such as processing journals, expense accruals and analyzing Profit & Loss
Account and Balance Sheet.
• Financial planning & Analysis & Reporting –IGAAP.
• Formulating annual budgets and conducting variance analysis to determine difference between projected &
actual results and implementing corrective actions.
• Designing analytical systems & preparing the MIS Reports, Fund Flow Statement and other financial reports
to keep a track of financial performance and to support management decision-making
• Preparing Product management reports to have track on ROI on each Business/Product vertical.
• Preparing cost management and product pricing reports.

Auditing, taxation & due diligence/ compliances:
• Familiar with accounting standards as Issued by ICAI.
• Conducting audits; evaluating the internal control systems with a view to highlight shortcomings &
implementing recommendations made by Internal Auditors.
• Implementing stringent systems / measures to establish and maintain high security standards in
compliance with prescribed statutory norms like VAT, GST, service tax, excise & customs, FEMA guide
lines. STPI filings & income tax filings including advance tax computations.
• Have control over both OPEX & CAPEX by following stiff internal control procedures.
• Deft at resolving transfer pricing issues.
• Audit under US GAAP & IGAAP, including Tax/TP audits (KPMG, Deloitte, E&Y, PKF, RSM Astute & Fox
Mandal).
• Compliance with secretarial laws/regulations and achieve Corporate governance.
Operations, corporate finance & treasury
• Implementation of best practices in procurement process with stiff authorization metrics
• Negotiations with customers & vendors to achieve best pricing and credit periods
• Draft and implementation of Finance, Purchase, Operations, HR & Admin policies/procedures, in line
with organizational objectives.
• Accountable for formulating strategies to perform activities related to fund raising
• Weekly/monthly cash flow planning and efficient utilization of funds & Internal financing through
achieving low DSO and efficient credit periods with vendors.
• ERP implementation – From requirement analysis /process flow definitions to implementation
• Deft at performing activities such as Project management & pricing,
• Liasoning with Financial Institutions & PE Investors for Fund raising and maintenance of credit limits.
• Compliance with guidelines specified by PE investors and regular reporting of fund use to the Investors.
HR, Admin & people management
• Heading HR & Admin divisions
• Compliance with rules famed under PF, ESI , gratuity funding and other Labour laws
• Performance appraisal through goal setting and KPI/KRI reporting, and 9 blocker performance appraisal
system (70-20-10)
• Restructuring of salaries to have more tax friendly components.
• Heading/headed a team size of 16
ORGANISATIONAL EXPERIENCE
September 2013 to till date
MediSys Edutech Private Limited - The Medical Education Research Centre for Eduscational Technologies is a pioneer
and thought leader in digitally enabling healthcare education. MediSys designs, creates and provides seamless
access to a vast repository of uniform, standardized and peer-reviewed E-content across all areas of healthcare.
Designation: CFO- Reporting to Chairman, dotted lines to PE Investor Directors
Responsibilities:
 Heading finance functions involving determining financial objectives, designing & implementing
systems, policies & procedures to facilitate internal financial control.
 Develop financial and tax strategies
 Manage the capital request and budgeting processes
 Understand and mitigate key elements of the company's risk profile
 Monitor all open legal issues involving the company, and legal issues affecting the industry.
 Monitoring cash flows and ensuring that funds are arranged in the most cost effective manner after
projecting accurate cash forecast ensuring that there is no shortage of cash in hand.

 Liaising and negotiating with PE Investors for raising fund & non fund based facilities
 Close watch on compliances relating to PE investments and comply to all conditions precedent and
subsequent to the investment.
 Staff Management & Development including managing of HR & Admin functions.
 Ensuring compliance with statutory regulations like Income tax.PF, ESI, Professional Tax, Insurance
policies, Gratuity schemes for the employees.
 Compliance to FEMA guide lines relating to filing of FCGPRs and submission of documents to RBI for
foreign investments
 Developing business plans/strategies for maximizing profitability & revenue generation & realizing
organizational goals.
 Product management and Pricing
 Liaising with PE Investors for release of funds and regular monitoring of share valuation and allotment
of shares
 Monitoring annual closure of the books of accounts and subsequent review of tax computation.
 Appearing before appellate tribunals and income tax department representing the company in the
critical issues.
 Compliances with FEMA guide lines.
 Coordinating with auditors Gandhi & Gandhi/ E&Y for conducting internal, statutory audits & transfer
pricing audit; evaluating internal control systems to highlight shortcomings & implement corrective
actions.
 Establishing strategic cost management systems / techniques for monitoring various overheads and
achieving maximum cost control in operations.
 ESOP Implementation
From April 2012 to September 2013 -BioGenex Life Sciences Private Limited, Hyderabad, 100%
subsidiary of BioGenex Laboratories INC, USA
Designation: Senior Manager – Finance – India, US & China operations
BioGenex was incorporated in the year 1981 with the purpose of bringing affordable healthcare solutions for improved
wellness of humanity. BioGenex is a technology leader in Molecular Pathology and provides total solution for the
complete automation of cell and tissue testing. Main competitors are Abbott, Dako & Ventana
Major responsibilities:
 Evaluating AP, AR, inventory and other assets & liabilities for timely action with regards to collections,
recovery of advances, provisions, etc.
 Managing HR, Admin and logistics team.
 Offering periodic MIS reports to the management including cost and product management reports (upto
EBIDITA level), helping them on making informed decisions
 Directing China office and team members for branch accounting
 Bringing strong internal controls for robust financial reporting system and ensuring periodic
reconciliations & timely closure of accounts and financial reporting
 Managing cash flows and preparing rolling forecasted cash flows
 Arranging CMA data for fund raising with FI
 Close monitoring of cash flows and close follow-up with fund raising agencies and bankers.
 Supervising a team size of 15 including US and China offices
 Generating a back-up for each other by building SOPs for each of the activity
 Planning consolidate financial statement and schedules as per US GAAP (Consolidation) & Indian GAAP
(for Statutory audit, Tax audit & Transfer pricing audit) & connecting with auditors (KPMG & PKF) for
timely completion of audits
 Statutory compliances like VAT, Excise duty, Service tax, Customs, PF, ESI and Income Tax
Highlights / Achievements:
• Managed limits with ICICI bank for 1 year – Rs.3.30 Crores (with the help of bill discounting, EPCS &
other methods
• Accomplished both US GAAP & IGAAP audits (statutory, tax & TP) with in span of 3 months
• Successfully finished the ERP Implementation – Microsoft Dynamix- AX 2009 with in span of 5 months
for India operations & commenced for US & China operations, including consolidated reporting.

Mar’10 – Apr’ 12
HMS Host Services Private Limited, Hyderabad as Manager –Finance Reporting to Director - Finance
HMS Host is 100% own subsidiary of Autogrill Inc, USA, is engaged in providing food & beverage and retails services for
travelers at Airports having operations at Hyderabad, Bangalore, Mumbai, Lucknow, Chandigarh & Coimbatore
Airports in India. It has exclusive relationships with international and local brands that consumers prefers which
included Barista lavazza, Pizza hut, KFC,CBTL, etc.
Major responsibilities:
 Headed a team of 15 people
 Analyzed financials, period closing, monthly MIS, margin analysis and cost reports
 Estimated Long Range Planning (LRP) for the region and led the budget and planned process
 Checked statutory compliances & submitted reports to various authorities
 Spearheaded activities related to Payroll Management which included computation of salaries and
monitoring of tax liability of individuals
 Organized yearly budgets and forecasts for India operations
 Evaluated Key Performance Indicators (KPI’s) and collaborated with LP when exception reports identify
abnormal transactions & ongoing improvement of cash management process
 Calculated the individual performance on regular intervals and guide the team in right direction
 Motivated and trained the team to create the back-up of each other & built confidence in the team and
made accountable for the work done by them
Highlights / Achievements:
 Initiated the allocation of responsibilities, based on the strength & capabilities of the each resource in
the finance department
 Reorganized the chart based on the above allocation & created structured back-up to each other
 Updated the access controls and procedures in ACCPAC (ERP), MMS (Material Management System) & POS
(Point of Sale) under internal control perspective including restructuring the mappings of the data flow from
MMS & POS to ACCPAC
 Created employee sub ledger in ACCPAC (ERP) to have track on salary accruals and payment of salaries
by using auto payment system in ACCPAC (ERP).
 Executed the Fixed Assets module in ACCPAC (ERP)
 Rectified the lapses in GL Vs Sub ledgers (AP, AR & FAR– Rs. 1.34 Crores)
 Served as a part of team headed by Regional Finance Controller formed for due diligence did for
acquisition of company namely Delhi Select Services Hospitality Private Limited, New Delhi
 Designed a tool in excel to monitor the tax computations / monthly deductions of the 160+ employees &
successfully integrated the payroll package with ERP for direct flow of payroll data
 Planned Deloitte team in successful completion of IT assessments for AY 2008-09 & 2009-10 – (received
refund of Rs. 32 lakhs)
Aug’ 07– Mar’ 10 Genpact Infrastructure Ltd., Hyderabad as Manager – FP & A Reporting to SDL
Genpact manages business processes for companies around the world. Genpact provides a wide range of services
including Finance and Accounting, Collections and Customer Service, Insurance, Supply Chain and Procurement,
Analytics, Enterprise Application, IT Infrastructure and Management. In 2005, Genpact became an independent
company from GECIS that began in 1997 as the India based business process service operation of GE Capital.
Highlights:
• Transitioned a critical FP & A process (Team size of 15)and supported Finance team of GW Technology
division, Merry Lynch for 2 years by meeting time lines as per signed SLAs.
• Equipped training plan for OJT for successful transition within specified timelines

• Equipped various trackers to monitor training progress, IT access, assessments etc.
• Guaranteed documentation of each process is completed within deadline with process steps, high level
process maps, escalation matrix, exceptions, etc.
• Associated with SOL ID (solution id) team for initial requirement analysis and designing of activities for
each process
• Received Gold Award for exhibiting the values at all times which has been the bedrock of the success of
MerrLynch in 2009
• Attained Bronze Award for “Best Performance in Living Genpact Values” in 2008
PREVIOUS EXPERIENCE
Dec 1997 – Dec 2004 - Rohde & SCHWARZ India Pvt. Ltd., Hyderabad as Sr. Executive – Finance &
Accounts (Finance Head - Hyderabad Branch)
Company Profile: ROHDE & SCHWARZ (68 Years old company) mainly deals with Test & Measuring Instruments,
Communications & Broadcasting, Electromagnetic Suceptibility Measuring Instruments & Systems (EMS), Antennae, TV
Transmitters, IT Security & EW(Electronic Warfare) Equipment.
ROHDE & SCHWARZ India (P) Ltd., is having Head Office at Delhi and branches at Hyderabad, Bangalore & Mumbai. The
Net Annual Turnover of the company in India is Rs. 50 Crores. The main customers in India are MOD (Ministry of
Defence), Door Darshan, All India Radio, Signal Intelligence & Analysis Group, Space Applications Centre (Ahmedabad),
SHAR Centre (Sriharikota), ISRO (Bangalore) and all other Public Sector Undertakings like BEL, ECIL, BDL, HAL…etc
Major Responsibilities:
 Headed a highly motivated team consisting of Accounts & Administrative Executives & Reporting to
General Manager & Head – Hyderabad Branch
 Responsible for all Finance and Accounts Matters of Hyderabad Branch including banking operations,
design & implementation of processes for various activities in Finance & Admin department.
 Analysis of Financial Statements & preparation of MIS reports such as Funds Flow statements, variance
analysis & Review of Financial position of Branch & submission of Reports to Management on periodical
basis.
 Branch & Head Office –Reconciliation & Co-ordination to Statutory / Internal Auditors in preparation of
Audit statements which are incompliance with various Acts& Audit requirements.
 Preparation of Project proposals and review of projects pending with Sales / Marketing team
/Customers, Monitoring & controlling all post order (sales orders) activities like Customs Clearances &
submission of periodical reports to Management.
 Preparation of proposals (yearly) for Investments on R&D, HR,IT Infrastructure & Expenditure Budgets.
 Analysis of Cost sheets – Division wise (Responsibility Accounting System & Cost Centre)
 Preparation of 5 Year Business Plans / Forecasts which is purely based on defence bugets & market
shares..etc and submission to Headquarters in Germany.
 Conducting Trainings to newly joined colleagues on systems, processes and other compliances.
2. POLINENI ASSOCIATES, Chartered Accountants –Consultants (Audits & Compliances) – 2005 to 2007.
3. Creative Wares Limited, Senior Accountant
4. JAWAHAR & ASSOCIATES, Chartered Accountants –Articled Trainee.
TRAININGS
Undergone trainings on:
 Six Sigma – Green Belt Training & Tested
 Training on 7 habits – on Effective Leadership Skills

 Team Building and Communication Skills
 Leadership Orientation Program
 Excellence Towards Achieving Customer Satisfaction
 Building Effective Intercultural Relationship
EDUCATION
• Pursuing IFRS from KPMG, New Delhi
• CA from ICAI, New Delhi
• B.Com. from Osmania University in the year 1990
IT SKILLS
Well versed with:
• MS Office and Internet Applications
• ACCPAC (ERP), MMS (Material Management System) and POS (Point of Sale)
• ERPs – ACCPAC, Oracle 11i, SAP (FI) & Microsoft Dynamics – AX2009
• Hyperion (ESSBASE)
• Lotus Notes and Microsoft Outlook
VOLUNTARY ASSIGNMENT:
• Monitory support to various organizations and sponsoring children education, maintenance to orphans &
Old age people.
PERSONAL DETAILS
Date of Birth: 8th October 1969
Address: PlotNO:18, Road No:1, Tirumala colony, L.B.Nager, Hyderabad - 500074
Languages Known: English, Hindi and Telugu

 Team Building and Communication Skills
 Leadership Orientation Program
 Excellence Towards Achieving Customer Satisfaction
 Building Effective Intercultural Relationship
EDUCATION
• Pursuing IFRS from KPMG, New Delhi
• CA from ICAI, New Delhi
• B.Com. from Osmania University in the year 1990
IT SKILLS
Well versed with:
• MS Office and Internet Applications
• ACCPAC (ERP), MMS (Material Management System) and POS (Point of Sale)
• ERPs – ACCPAC, Oracle 11i, SAP (FI) & Microsoft Dynamics – AX2009
• Hyperion (ESSBASE)
• Lotus Notes and Microsoft Outlook
VOLUNTARY ASSIGNMENT:
• Monitory support to various organizations and sponsoring children education, maintenance to orphans &
Old age people.
PERSONAL DETAILS
Date of Birth: 8th October 1969
Address: PlotNO:18, Road No:1, Tirumala colony, L.B.Nager, Hyderabad - 500074
Languages Known: English, Hindi and Telugu