1. SUBHRANSU SHEKHAR PARIKSHA
705, Elia Complex, Bibi Titi Road, Zanaki Street, Dar es Salaam, Tanzania
Mobile: +255-689077955 +91-9987084259
Result-driven senior financial management executive with
18 years of progressive experience in corporate finance strategies, cost
control and accounts management.
A proactive leader and planner with expertise in branch
operations, with demonstrated ability to streamline business operations
that drive growth, increase efficiency and bottom-line profit.
An Out-of-the-Box Thinker with a proven track record
developing and implementing financial controls and processes in
addition to productivity improvements and change management.
Diverse and broad experience in organizing Working Capital
Management Requirements, and Accounting Functions viz. P&L,
Balance Sheet and developing Policies and Procedures; technically
proficient with MS Office Tally, Customized Polarize software and other
Insightful knowledge of business process analysis and
design, process rationalization.
Exceptional skills in communication, presentation, with
demonstrated abilities in training and driving motivated teams towards
achieving organizational goals.
Since August 2013 GAPCO Tanzania Limited (Subsidiary of RIL)
(Dar es Salaam, Tanzania)
Country Head-Finance and Accounts and Company Secretary
Role: Seconded by Reliance Industries Limited to Gapco Tanzania Limited as Country Head-Finance and Accounts
and Company Secretary for overall control and management of Business Accounts.
Analysed Capex and Opex expenditure and rationalized the processes for expenses to prevent leakages.
Successfully implemented the Financial and Accounting processes of Company to ensure negligible liability and
NIL penalty for Tanzania Revenue Audits.
Responsible for handling of all Audits, Internal, Statutory, Revenue Authorities and resolution of punch points.
Established and maintained accounting, record keeping and inventory control system. Ensure accurate booking
of expense, sales, inventory, payroll, etc.
Ensured optimum coverage of insurance on all assets worth USD 300 mio with daily monitoring of floating
assets. Negotiated assets insurance renewals at $ 100 K annual savings.
Evaluated new business initiatives, schemes, SOPs by analyzing the proposals with respect to financial viability,
payback efficiency, BEP, ROCE, statutory compliances, risk exposure etc.
Managed relationship with governmental entities and meet contractual milestones.
Formulation of the strategic and business plan for the company that sets the required profitability and return
on investment by means of project and operations expenditures and investments. Formulate and develop
short, medium and long term business's strategies, plans and budgets, in line with the company's goals &
objectives [including resource, systems, timescales, contracts, partnerships, and suppliers].
Managed company's capital including the operations working capital and capital expenditure to improve cash
flow where required.
Areas of Expertise
MIS / Financial Reporting.
Finalization of Accounts.
Direct & Indirect Taxation.
Asset / Liability/ Income
Internal, Statutory &
Project Finance and
working Capital Borrowings
2. Approve and co-ordinate the lines of credit to customers [within Board approved parameters], regular
monitoring with emphasis on system based controls.
Maintain congenial interaction with staff to ensure open line of communication and learned local language to
get involved with them.
Conduct Board Meetings for finalization of policies, financial commitments etc.
August 2007 to August 2013 Reliance Industries Limited, Mumbai
Sr. Manager – FC&A
Role: Reporting to the AVP Accounts and responsible for complete consolidation of accounts.
Weekly and monthly MIS of Gross Margins, Cash Flows and its variances from the Budgeted figures for the
dashboard reports of the Management. Monthly Performance Reports with exhaustive analysis of data including
Profitability at different levels of activities, its comparison with budget, Debtors analysis, Deposits, Inventory
Presenting the Performance report in the monthly business review meetings of the management.
Drafting new policies, processes and developing new systems, methodology and internal control checks to be
followed at Regional, State and Field level, modifying the existing systems and procedures.
Consolidation of accounts of all foreign subsidiaries.
Preparation of site Performance reports and analyzing the profitability and Fixed cost. Also responsible for
preparation and analyzing of Management Discussion & Analysis reports.
Dec 2004 to August 2007 Adani Enterprises Limited
Manager Accounts and Finance
Role : In-charge of complete job assignment of Liaison with banks and financial institutions preparing cash flow
statements, fund flow statements and various other statements, thereby having an effective control on day-to-day
Was responsible for preparation of material cost till the shipment and analysis with projected cost for variance
Consolidation of accounts from all Branch Offices of Eastern Region and timely finalization of Accounts.
Implementation of SAP from legacy accounts in Tally.
Nov 1997 to Dec 2004 CCI Group of Companies
Consolidation Implementation of centralized accounting system.
Handled & regularized statutory matters.
Implementation of internal audit, internal checks, etc.
Liaise with Government Officer & Consultants to resolve their queries and finalize the case for Income tax
Scrutiny/Sales Tax Scrutiny while during presentation of Audit books for cross-checking.
Filling of Income Tax and Service Tax return.
Perform the entire gamut of accounting functions encompassing varied MIS report preparation, accounting
control, liaising and tax assessment.
3. Chartered Accountancy - The Institute of Chartered Accountants of India, New Delhi, 2002
Bachelor of Commerce - Utkal University, Bhubaneswar, Orissa
ERP : SAP (FICO,MM), BI
Operating Systems : DOS, Windows
Office Automation Application : MS Office
Accounting Packages : Tally, Ace, Fact, X Gen., etc.
Date of Birth : 28th June 1973
Marital Status : Married
Language Proficiency : English, Hindi, Oriya and Bengali.