Associate Vice President
Wipro Ltd.
Total years of experience :25 years, 2 Months
Wividus is the shared service centre of Wipro involved in captive BPO activities for the Group.
I am working as Associate Vice President Reporting to General Manager-F&A in Bangalore. I have team of 130 people reporting to me.
• Managing the Accounts Payable for the entire Wipro Group entities in and outside India ensuring on time payment to the vendors.
• Heading the Risk function for F&A operations ensuring the risks are identified and mitigated.
• Working with External agencies on the BPE (Business Process Improvement) initiative of the business to take the process to the next level.
• Managing the reconciliation process (vendor, employee, BRS) of the company.
• Benchmarking the process to ensure the lowest CPT with highest quality
• Ensuring that overall Accounts Receivable process works efficiently
• Responsible for operating the accounting processes within the company specified parameters.
• To ensure controls are in place adhering to the accounting and finance manual.
• Constantly interact with customers, partners, management regarding any change (systems, process, people), issue, concern, expectations etc.
• To work closely with transition team to identify business opportunities on the basis of organizational strategies
• Work continuously to identify areas to bring about efficiencies and process improvements.
• To work with different teams to bring about higher automation for non-value add activities. As part of this initiative did Value Stream Mapping (VSM) which involved mapping the as-is process and identified non value added activity (NVA) removing which will bring about efficiencies in the process.
• Did a project on Fall out management system (FMS) to identify where the fallouts happen in the process which prevent a transaction happening in the first instance correctly. This yielded a better first pass yield for the process.
• Constantly benchmark the process against Hackett benchmarks to strive to be best in class.
• To ensure that appropriate metrics (KPI’s) are in place to capture customer expectations and all efforts are made to meet those metrics.
• Responsible for staffing functions, identifying, monitoring and promoting managerial talent
• Involved in implementing SAP for Abu Dhabi subsidiary of the company. Modules used are FI, CO, SD, PM and GL.
• Supervising internal and statutory audits for the company.
• Making Financial policies and procedure of the company.
• Involved in bidding and costing of new tenders and proposals
• Responsible for monthly P&L, B/S and financial reporting to Head Office.
• Involved in setting up a new payroll system for the company interfacing to SAP.
I worked as the Business Analyst reporting to the Finance Controller. I had a team of 12 people reporting to me. My job responsibilities included:-
• Perform NIS (Net Income Statement), Balance Sheet reviews and supervise the Management Accounting function.
• Adequate Financial support to operations, ensuring that the company procedures and policies are being adhered to.
• Supervise Accounts Payable function for Worldwide suppliers and ensure timely payment to vendors
• Supervise Accounts Receivable function and ensure timely collection of outstanding receivables
• SOX compliance for the company and liaison with External/Internal auditors.
• Implementation/Testing and providing support to IT for new processes.
• Training and mentoring of the Finance personnel.
• To monitor the reporting in Hyperion to ensure that all reports and schedules are correctly classified in Hyperion.
• Involved in moving GOLD from mfgpro to Lawson including defining the requirements in Lawson and actively involved in testing and migrating the legacy data.
I was working as Financial Analyst attached to the General Manager (Operations). My job responsibilities included:
• Preparation of budgets and annual plan and latest estimate for the company.
• Monthly reporting of profits and variance analysis.
• Analysing the various promotions planned by the company and doing a cost benefit analysis of the promotions.
• Analysing the profitability of products sold and developing reports to help GM taking meaningful decisions.
• Helping the GM lay down and improve on the processes for operations.
• Making feasibility studies for any new proposals.
• Setting up the company’s records on tally.
• Independently Handling of Account records and daily routine transactions
• Sales Tax handling.
• TDS and Tax calculation of the staff.
• Invoicing.
• Handling the yearly statutory audits.