Highlights:

Skills:accounting, costing, controller

Independent Management Auditor 04/2012 - current
Self employed, chennai, Tamil Nadu India
Industry: Auditing & Consulting
• K.V.MURALI is an experienced Independent Management Auditor & Consultant. • He has over 22 years of industrial experience across various industries viz., Power, Plastics, Engineering, Infrastructure, and Business Consulting & Textile & Garments at various profiles. During his career he handled many functions like Cost Accounting, System design & ERP implementation, Financial & Management Accounting and Project Monitoring.
Implementation of Finance & costing systems for tracing cost and waste Efficiency audit and identification cost reduction scope areas. Analysis of business model and identification of possible improvement areas for profit maximization (Business & Financial analysis) Internal Audit & Compliance Audit and implementation of internal control systems Budgets and Business plan ERP implementation Implementation of Risk Management System--
Financial Controller 10/2008 - 04/2012
BGR Energy Systems Limited, chennai, Tamil Nadu India
Industry: Thermal Power Projects
In charge of Accounts for Thermal Road Project (EPC –Contract value- Rs.3100 crores - Accounts, Commercial , Financial planning, Cost control, MIS etc.,)
Finance, & Accounts Full responsibility for project accounts. Book keeping in SAP environment. Ensure that transactions including site have been processed with no backlog. To ensure that timely bills are accounted and payments are made to vendors. Periodical ledger scrutiny with special attention to advances paid (staff & vendor advances). Review of cash & bank balances at works, adequacy of insurance coverage, ageing analysis to keep receivables / payables under control, balance confirmations…etc. To ensure monthly accounts closure within cut-off date Prepare monthly cash flow budget, monitor and manage the cash flow on a regular basis. As member of the purchase committee, check & clear budgets, commercial terms & conditions of purchase / work orders for release OPEX Prepare monthly site operating budgets with inputs from various departments, review for inconsistencies before onward submission to MD for approval. Analyze management approval proposals for cost increases, vendor approvals, awarding of contracts etc. and provide timely inputs / recommendations on such proposals. Prepare MIS and review monthly financial statement project cost, operational performance and revenue. Continuously review & improve internal control systems at site. Prepare, review and report Debtors & Creditors aging and monitor collection / payments on time. Compliances To ensure compliance with respect to PF, WCP, Sales Tax, WCT, Service Tax, TDS & Income Tax and labour law requirements. Review of Project Budget on a monthly basis and update Management on cost escalations / savings. Coordinate with internal, external & as well as the technical audit cell Attend audit committee review meeting every quarter. Organize jointly with auditors on periodic basis, physical verification of materials at site. CAPEX Ensure that thresholds for capitalization are being adhered to, all expenditures relating to acquisition / construction is capitalized in accordance with the company’s accounting policies. Ensure that fixed assets register is maintained and updated as per statutory requirements. Organize physical verification of fixed assets located at site. General Recruit, train, supervise & discharge works accounts personnel Visit site once a month to understand, update and review site progress, financial controls, financial issues at site and compliance to statutory requirements and policy guidelines--
Assistant General Manager -Accounts 04/2006 - 07/2008
IVRCL Infrastructures & projects Ltd, Erode, Tamil Nadu India
Industry: Infrastructure company dealing with Projects
In charge of for Road Projects ( accounts, commercial , financial planning, Cost control, MIS etc., 2 packages-100 kms –Contract value- Rs.890 crores)
Full responsibility for works accounts. Book keeping in ERP environment. Authorized to sign cheques jointly with the site residential construction manager. To ensure that timely bills are accounted and payments are made to vendors. To ensure that debit notes are raised and accounted for towards deviations from theoretical / standard norms, W.O Terms & conditions, recoveries for common site facilities, hire charges, material issues & other miscellaneous recoveries. This involves an extensive study of P&M deployment & performance reports, Stores MIV reports, material reconciliations& other expense reports. To ensure that site transactions have been processed with no backlog. To ensure monthly accounts closure within cut-off date Prepare monthly MIS Reports (cash flow statements, budget variances, expense statements…etc.) as per the requirements of H.O. Prepare MIS and review monthly financial statement project cost, operational performance and revenue. Coordinate with Internal Auditors and timely reply to monthly audit reports.Co-ordinate with central accounts at H.O. every quarter for finalization of accounts. Continuously review & improve internal control systems at site. Organize jointly with auditors on periodic basis, physical verification of materials at site. Recruit, train and supervise works accounts personnel--
Financial Controller 01/2005 - 04/2006
Nova Dyeing and Printing Mills Ltd, chennai, Tamil Nadu India
Industry: Garments processing
Incharge of accounts, receivables, Cost analysis, Cost control, system development, MIS etc.
Cost reduction and cost control. Business plan and achievement. Ensure compliance with respect to Sales Tax, Service Tax, TDS & Income Tax. Prepare monthly cash flow budget, monitor and manage the cash flow on a regular basis & ERP implementation.--
General Manager (Costing) 10/2003 - 01/2005
Central Power Distribution Company of A.P.Ltd ( A Govt of A.P. Undertaking ), Hyderabad, Andhra Pradesh India
Industry: Power distribution
In charge for the sections: Banking & Receipts, Fin & Accounts Pay office, BRS (Bank reconciliation) Pension & Gratuity Trust fund investment, Tender Analysis & Price evaluation
Specific responsibilities include providing inputs for Tenders, Tender analysis, Budgeting, release of additional budgets, implementing costing systems, analyzing results and identifying areas for improvements etc.,--
Cost Accountant 01/2002 - 04/2003
Isex Fashions (India) Pvt.Ltd, chennai, Tamil Nadu India
Industry: Garments manufacturing
Cost accounting ,control and reduction
Orderwise costing, System development, Benchmarking, Measurements of efficiency, Activity analysis, Pricing, Customer mix, Vendor rating, Budgetary control, etc.,--
Consultant 11/1999 - 09/2001
Kaizen Institute of India (P) Ltd, chennai, Tamil Nadu India
Industry: Industrial consulting
Implementing Activity Based Costing, conducting workshops on KAIZEN , and KANBAN arrangement in stores
Implementing Activity Based Costing, conducting workshops on KAIZEN , and KANBAN arrangement in stores--
Cost Accountant 09/1994 - 10/1999
India Radiators Limited, chennai, Tamil Nadu India
Industry: Automobile radiators manufacturing
Planning production, Pricing for bought out components, costing of produces, product mix, central excise audit, quotes etc.,
Planning of production, Pricing for bought out components, costing of produces, product mix, central excise audit, quotes etc., Preparation of variance analysis. Reconciliation costing profit with financial accounts--

The Institute Of Cost and Works Accountants Of India 09/1990 - 09/1999
chennai, Tamil Nadu, India
Degree: Professional Degree
Major:Cost accounting, Financial accounting and operations management
Minor:Startegy
This course is considered as equivalent CIMA international.