Pratik Bhasker
About
Pratik Bhasker is from Gurgaon, Haryana, India. Pratik works in the following industries: "IT Services and IT Consulting". Pratik is currently Head BID Management - MEA at Rakuten, located in New Delhi Area, India. In Pratik's previous role as a Chief Financial Officer at INDIANNICA LEARNING PRIVATE LIMITED (formerly known as Encyclopedia Britannica India Pvt Ltd), Pratik worked in New Delhi Area, India until Aug 2019. Prior to joining INDIANNICA LEARNING PRIVATE LIMITED (formerly known as Encyclopedia Britannica India Pvt Ltd), Pratik was a Chief Financial Officer and Head IT at Frigoglass India Pvt Ltd (COCA COLA HBC Group) and held the position of Chief Financial Officer and Head IT at Gurgaon, India. Prior to that, Pratik was a Business Analyst at Aircel from Nov 2008 to Jan 2014. Pratik started working as Senior Manager Finance at Indus Towers Limited in Mar 2008. From Jul 2006 to Mar 2008, Pratik was Senior Manager Finance at XEROX INDIA LTD. Prior to that, Pratik was a Finance Manager at BHARTI AIRTEL LTD from Jan 2005 to Jun 2006. Pratik started working as Assistant Manager Finance at FRIGOGLASS INDIA PVT LTD, Gillette India Ltd in Manesar in Feb 2002.
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Pratik Bhasker's current jobs
Pratik Bhasker's past jobs
• Spearheading complete fiscal and fiduciary responsibilities and serving as management of the organization and its assets • Providing fiscal leadership over Finance, Legal and IT functions • Monitoring the financial performance and strategic direction of the company, raise funds for working capital, build efficiency in direct costs, strategize profitability for long term, effectively manage working capital, monthly reporting and review with the board, process formulation & Improvement • Communicating with the shareholders, including presentation of the financial results in the board of directors
• Monitoring financial performance and strategic direction of the company - monthly reporting & closing, weekly reporting – (Hyperion / HFM), budgeting and forecasting, Direct & Indirect Taxation & Litigation (Transfer Pricing, Excise & VAT Litigation) & Effective utilization of ERP • Adhering compliance with tax, audit, legal & contractual issues. & Timely reporting of Statutory, Internal and IFRS Audit. Leading, supporting & developing finance & IT Team of 9-10 accountants • Interacting with the shareholders in Greece, including presentation of the financial results in the board of directors meeting • Monitored and controlled the BOM and other direct & indirect costs
• Analyzed major spends in the company (approx. INR 100 BN), cash flow forecasting • Make monthly KPI review of circles, evaluation of the spend proposals, Lease V Buy decisions, ensuring compliance with processes across circles. Setting up Contract Governance Framework & Reduce cost through efficiency & innovation& Monitoring and complying with audit recommendations • Headed special projects like working with McKinsey Consulting for restructuring, slump sale of towers, 3G & LTE evaluation, changing the business model
• Built relationship with bankers, finalization & consolidation of accounts across all circles, timely completion of Audit with unqualified reports. Setting up processes & shared service centre for the company & coordinating with internal and external auditors • Contributed as SPOC for shareholders for any financial information & MIS including Monthly Reporting to Shareholders; ensured IT integration and ERP implementation
• Led treasury operations & hedging exposures, maintained limits & cash management • Managed shared services & monthly reporting to Xerox Corp. • Generated forecast for the Board of Directors &Financial Analysis, Cash Flows • Supervised timely & clean statutory audit report and managed offshore accounting for two Xerox entities • Guided a team of 15 people & bringing efficiencies in accounting operations
• Conducted monthly review of circle P&L and balance sheets and monitored accounting & reporting of Mobility Office • Standardized policies across circles and internal audit coordination & compliance
Key Profile: Overall Responsibility of Corporate and Plant Accounts & Finance MIS including Monthly Reporting to Head Office Financial Analysis, Cash Flows Monitoring Forex Transactions Budgeting & Costing Co-ordinating with Internal and External Auditors Liaison with Banks Income Tax Assessments