Santosh Banadawar
About Santosh Banadawar
Santosh Banadawar is an Associate Finance Manager at Brillio Technologies Pvt Ltd, where he has worked since 2015. He holds an MBA in Finance from Karnataka University and specializes in corporate financial analysis, statutory compliance, and international tax management.
Work at Brillio Technologies
Santosh Banadawar has been employed at Brillio Technologies Pvt Ltd since 2015, serving as an Associate Finance Manager. In this role, he is responsible for managing the preparation and analysis of corporate Profit & Loss statements, focusing on key performance indicators such as organization revenue, gross margin, and selling, general, and administrative expenses. He oversees the preparation of financial statements and cash flow, ensuring compliance with relevant regulations and standards.
Education and Expertise
Santosh Banadawar earned his Master of Business Administration (MBA) in Finance from Karnataka University, Dharwad, completing his studies from 2008 to 2010. His educational background provides a strong foundation for his extensive experience in finance, particularly in managing statutory compliances across multiple regions, including UK VAT, UK PAYE, and various Indian taxes such as GST, Karnataka VAT, and Kerala VAT.
Financial Management Responsibilities
In his current position, Santosh is responsible for the preparation and finalization of monthly regional Profit & Loss statements. This includes conducting analysis and discussions with delivery and regional heads to ensure accurate financial reporting. He also conducts project profitability analysis and risk management, validating cost estimates to ensure accurate financial forecasts for practice leads.
International Tax Compliance
Santosh Banadawar showcases expertise in international tax compliance by handling the preparation of US tax returns and UK company tax workings and returns. His role includes managing compliance with forms 3CB and 3CD, as well as overseeing audits under US GAAP and IGAAP. His extensive experience in this area highlights his capability to navigate complex tax regulations across different jurisdictions.
Revenue Forecasting and Reporting
Santosh oversees the preparation and reporting of revenue forecasts for all service lines at Brillio Technologies. He ensures that these forecasts align with actuals and budget numbers on a monthly basis. This responsibility is critical in maintaining financial accuracy and supporting strategic decision-making within the organization.