Ramprasad Gundeti serves as the Head of Section Finance and Accounts, Treasury, and Taxation Management at Kia Motors India, where he leverages over 17 years of extensive experience in finance and management accounting to drive strategic financial initiatives. In this pivotal role, he is responsible...
Ramprasad Gundeti serves as the Head of Section Finance and Accounts, Treasury, and Taxation Management at Kia Motors India, where he leverages over 17 years of extensive experience in finance and management accounting to drive strategic financial initiatives. In this pivotal role, he is responsible for the meticulous preparation and presentation of quarterly and annual financial statements, ensuring compliance with both International Financial Reporting Standards (IFRS) and Indian Generally Accepted Accounting Principles (IGAAP). His expertise in financial planning and analysis is evident through his adept handling of Financial Performance and Loss (FPL), Management Performance and Loss (MPL), and conducting comprehensive analytical reviews to identify variances and implement corrective measures.
Ramprasad's proficiency extends to managing complex financial structures, including the finalization of provisions and contingencies, as well as navigating the intricacies of IFRS 16 related to leases. His strategic oversight of External Commercial Borrowings (ECB) encompasses interest calculations and repayment plans, showcasing his capability in treasury management. He actively liaises with various stakeholders, ensuring seamless communication and collaboration across departments to enhance financial performance and optimize working capital.
In addition to his technical skills in budgeting, forecasting, and auditing, Ramprasad is recognized for his leadership qualities and analytical acumen. He is adept at negotiating trade agreements and pricing strategies, which are essential in a competitive automotive market. His commitment to excellence and continuous improvement positions him as a key player in Kia Motors India's financial landscape, driving sustainable growth and innovation in the company's financial practices.