Deputy General Manager
Vodafone India Services Pvt. Ltd.
Total years of experience :24 years, 7 Months
Key Result Areas:
Leading Procure-To-Pay (P2P) process including T&E process of India and specific activities like invoice verification, GRIR maintenance, vendor reconciliation and T&E of 20 European countries as a part of International operations Location Agnostic Model in overall framework of Shared Service Center.
Directing a team of 70 FTEs including 5 professionals
Ensuring the delivery of key controls and Sarbanes Oxley (SOX) compliant process solutions, reconciliation of GLs
Ensuring seamless service delivery with efficiency & effectiveness, need to achieve target of Key Performance Indicators (KPI) and continuous process improvement
Highlights:
Defined quality standards of financial transactions in Shared Service Center of Vodafone India Limited for P2P (Procure To Pay), Cash (Receivable & Treasury Accounting), R2R (Record To Report) & APA (Asset & Project Accounting)
Recipient of Leadership Champion Award
Set up SAP based MIS Reporting System to update the management
Successfully migrated 71 FTEs with upfront 10% productivity
Directed India Convergence Project within 9 weeks with respect to cost, resource deployment and time over-runs
Combined customer service expertise and achieved:
o People Survey score of over 90 since last three years
o Partner Survey score of over 8 since last three years
Maintained 15% productivity consecutively for 3 years and stood world class as per Hackett benchmark study
Key Result Areas:
Directed finance & commercial activities of Gujarat Circle in compliance with NHQ & business vision
Supervised reconciliation of accounts payables/receivables and Trial Balance Review
Coordinated internal, statutory & management audit; evaluated internal control systems with view to highlight shortcomings
Formulated annual budgets and conducted variance analysis to determine difference between projected & actual results
Prepared audit programs in compliance with accounting standards by I.C.A.I. and statutory requirement (Direct Tax, indirect tax, Corporate Tax, ESIC Act, and PF Act and so on)
Executing monthly / quarterly / annual closure schedules; providing monthly financial statements
Implementing complex business processes and operational improvements
Preparing MIS reports & other statements with view to apprise management of process operations and assist in critical decision-making process
Bringing significant improvements in finance processes to improve speed and accuracy of monthly results
Highlights:
Rolled out of ECS payment facility, RTGS/NEFT collection along with reduction of TAT (collection & billing) by 48 hours
Reduced the Trial Balance reporting timeline from WD8 to WD5
Attained 20% cost reduction through redesign & reengineering of INR 130 Million contract
Highlights:
Designed Standard Operating Procedures (SOP) and Finance SPOC for configuration of SAP linking with defined SOPs
Headed the Budget, Capitalization and MIS activities
Deputized as Team Leader engaged in development of “Knowledge Management Portal”
Ascertained specific training needs of subordinates and accordingly arranged training programs for improving learning curve
Highlights:
Spearheaded network commercial activities of Gujarat circle
Directed Six Sigma Projects as Financial Representative/Black Belt
Successfully undertook Six Sigma Project, achieved cost reduction of INR 7.1 Million in network maintenance vehicles
Utilized SAP for financial validation of cost reduction of INR 250 Million
Implemented ERP (SAP) - Material Management and Financial Modules
Completed Black Belt in Six Sigma Certification from Breakthrough Management Group (BMG University, Colorado, USA - Sponsored by Reliance Infocomm Limited)
Highlights:
Undertook restructuring of working capital resulting in reduction of interest cost by INR 20 Million and repayment of borrowing worth INR 500 Million
Provided decision-support for its annual cost optimization and rationalization drive
Finalization of Accounts, Tax Audit and ensured statutory compliance for RBI & ROC
Managed varied facets of cost accounting spanning budgeting, forecasting, variance reporting, cost control, product costing, product standard cost development and so on for job order and process costs
Highlight:
Leading the Accounts department, day to day transactions, Finalization of Accounts, Tax Audit
Ensured adherence to corporate guidelines, accounting and Indian GAAP standards
Developed standard product costs and effectively controlled costs, thereby improving revenue forecasting
Chartered Accountant
B.Com