Karan Kumar

Engagement Manager at Prequate Advisory
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Contact Information
us****@****om
(386) 825-5501
Location
Bengaluru, Karnataka, India, IN

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5.0

/5.0
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Arjun Kashi

Karan did a stellar job during our engagement with Prequate. He was our go-to man, and he was super responsive and really picked up on our inputs to create a well-rounded business projection model for us. He was quite instrumental in building our Financial Model for a fund-raise round, and the turn-around time was unbelievably quick. He positioned key facets of our business model so accurately even without our inputs which go a long way in showing how well he understood our company, business plan and vision. His articulation of all the numbers was really fantastic! I'm sure that he has the potential to handle big engagements individually with the kind of skill-sets that he possesses.

Amita Bothra

In his brief spell in ITC, he handled varied roles and in particular played a key role in driving capex implementation plan achieving remarkable KPIs..Considering that it was his first factory stint, he took up the challenges thrown to him and displayed great maturity and accountability and dedication...

Shravanth Donthi

Brilliant. No other word describes him better than this! I rarely come across people with talent like Karan - smart, dedicated and most importantly humble. He has continuously impressed me with his skills in strategy, financial projections and planning. He works Microsoft Excel as if he created it. I wouldn't think twice if he had to represent my firm to a stakeholder or an investor. He has been instrumental in designing the business model and standardising operations at Tankerwala. He is an all rounder who has enough knowledge to advice a business on most fields. He is highly resourceful and truly a great connect to anyone.

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Credentials

  • Learning Data Analytics
    LinkedIn
    Apr, 2020
    - Nov, 2024
  • Microsoft Excel: Using Solver for Decision Analysis
    LinkedIn
    Apr, 2020
    - Nov, 2024

Experience

    • India
    • Business Consulting and Services
    • 1 - 100 Employee
    • Engagement Manager
      • Feb 2021 - Present

    • Engagement Associate
      • Jan 2019 - Feb 2021

      Hands on experience in preparing business models, investor presentations (pitch deck), strategic advisory, deal structuring, mergers & acquisition, business strategy, process optimisation and cost optimisation. Handled SME clients across multiple industries; Technology (SaaS, PaaS, eCommerce, product, etc), manufacturing, healthcare, consumer durable, F&B, education, logistics, event management, etc.

    • India
    • Manufacturing
    • 700 & Above Employee
    • Manager/Finance Superintendent
      • Apr 2018 - Oct 2018

      Manage the accounting and controlling processes within the tobacco division; accountable for development, review and monitoring of best practices in financial accounting and control procedures. Provide financial analysis to prioritize and lead cost reduction efforts.  Analyse trends, formulate projections, and evaluate savings initiatives. Diagnose problems, determine solution options with consideration to business impact. Manage the financial reporting and tracking on projects using the firm’s financial tools and implementing current financial reporting tools. Manage project finances - NPV and IRR. Prepare actual to budget variances and determined impacts on Project forecast. Report cost analysis of the Branch monthly and presenting the same to the management of the unit. Handling other responsibilities like payments and preparing periodical schedules and reports for the unit.Key Asssignments Undertaken: Capital Expenditure: Involved in feasibility study, budgeting, vendor negotiation, planning cash flow, procurement and capitalisation for tech upgrade/cost saving/new initiatives proposed by the engineering team. Also post-facto review of projects including preparing an execution plan in terms of project timeliness, budgeting and proposing to management for release of funds. Liaise and negotiate with vendors to negotiate costs using various strategies in order to get the best price. Also accountable for periodical reporting to management. Waste Management: Accountable to maximise profit for the company by deriving maximum value from the waste generated from the production process. Also identified opportunities to reduce cost at the time of replacement of machines. Gatepass Mechanism: Working on a project to develop a software to streamline gatepass mechanism in the organisation to reduce cycle time, paperwork and manual errors.

    • India
    • Business Consulting and Services
    • 1 - 100 Employee
    • Summer Internship
      • Apr 2017 - May 2017

      Gained hands on experience working for 2 short projects including: Business Modelling and Investor’s Pitch for a US start-up who were looking out to raise funds to kick start their business. Role involved conducting complete research of the US market and preparing a working business model allowing them to start planning finance and prepare presentation to pitch to the investors to raise funds for the business. Profitability analysis for a Bangalore client who wanted to understand where they were bleeding in their business and how to optimise profits.

    • India
    • Business Consulting and Services
    • 700 & Above Employee
    • Audit Assistant
      • Apr 2014 - Oct 2015

       Gained expertise in conducting end to end statutory audit, group audit and tax audit of several corporates ensuring adherence to accounting standards and preparing financial statements in line with IFRS/IndAS. Detection of fraud prone areas in business, evaluating internal control systems/procedures and preparing audit reports to highlight shortcomings and implementing necessary recommendations for Indian clients across manufacturing, IT and healthcare sector.  Gained expertise in conducting end to end statutory audit, group audit and tax audit of several corporates ensuring adherence to accounting standards and preparing financial statements in line with IFRS/IndAS. Detection of fraud prone areas in business, evaluating internal control systems/procedures and preparing audit reports to highlight shortcomings and implementing necessary recommendations for Indian clients across manufacturing, IT and healthcare sector.

Education

  • Christ University, Bangalore
    Master of Business Administration (M.B.A.), Finance, General
    2016 - 2018
  • Christ University, Bangalore
    Bachelor of Commerce (B.Com.), Finance, General
    2011 - 2014

Community

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