SANJIB BANERJEE

Treasury & Banking Finance
•Cash Management: Responsible for organising & meeting the financial obligation of the organisation. Involves a daily monitoring of the cash position & matching with same with the outstanding different bank borrowing. Preparation of Monthly / Quarterly / Yearly cash flow for presentation to top management.
•Procure the different line of Bank Borrowing: Analysing the different bank borrowing from different banks including loan in different currency (USD, AED & Euro primarily). Negotiating the borrowing on different merits like rate on interest, link to LIBOR, EIBOR rates & facility provided. Organising the Management approval on borrowing.
Saving in the Interest cost (AED 2.3 millions) / charges thru innovative ways

Accounting & Commercial, Compliance & Reporting
•Accounting: Responsible for maintaining Books of Accounts as per International GAAP & IFRS requirements (incl. Business consolidation integrating overseas Subsidiaries). Maintaining an accounting disciple as per the company Policies and Procedure. Working in SAP environment for day to day accounting and commercial transaction recording. Smoothly and timely payment handling for Internal payments and expenses booking for monthly results. Completing the various Audit Program as per schedule and implementing corrective action plan has been major KRA. Drafting of SOP for the overall efficiencies and cost optimisations.
•Reporting: Responsible for Management reporting within the deadlines. Reporting in “COGNOS” & “Hyperion” environment. Actively handholding with cross functions towards building a collective performance culture. Focusing the sales target and alternative optional strategies.
•Commercial Operations: Commercial operations exposure in term of order processing, dealer channel pay-outs,

Volvo Auto India (VAI) is a 100 % subsidiary of Volvo Car Corporation, Sweden having its India HQ in Gurgaon. VAI is engaged in distribution of Volvo Passenger vehicles thru its dealership network all over India. VAI is consolidating its position in niche segment of the car industry in India. Globally Volvo sells about 450, 000 units globally and India is one of its emerging NSC in their global map.

I was posted in India HQ as Sr. Accounts Manager, reporting to CFO India.

•Reporting, Audit :
•Generate monthly reporting thru Hyperion Reporting in a very strict time lines.
•Preparing carline basis margin analysis.
•Sales accounting including settlement of Dealer Claims and keep the control of the receivables.
•Interacting with dealers for all their accounting and finance requirement including Inventory funding requirements.
•Budgetary Control
•Keeping the track of spending in marketing and admin budget.
•Monthly discussion with the Business head on spending and plan for the month.
•Keeping the track of dealers Incentive and helping the management team for the scheme roll outs
•Pricing
•Preparing the Net Dealer pricing calculation and uploading in SAP
•The pricing are based on the Market earning agreed with HQ and keeping the market and competitors product and pricing in mind.

Koohiji is a leading name in distribution & servicing of the Telecom product in UAE. The HQ is based out of Dubai & having its operation in Pakistan, Saudi Arabia & other GCC Countries The business was reviving post few new contracts from Telecom Companies. The business had grown from less than AED 400 (USD 110 M) to AED 2.2 Billions (USD 600 M) in 2013. A team of 15 members reporting to the position & position reports to the Group Head Finance (due for retirement, position to take over as

The company is in Manufacturing and Trading (distribution globally) of the Tyres, Battery and Lubricants for the Automobile. The company is having its Head Quarters in Jebel Ali Free Zone and having its presence thru subsidiary in USA, Pakistan, Saudi Arabia, India, Thailand and Brazil with turnover in excess of AED 1.5 Billion ($ 400 Millions).

Working in HQ Finance as

The company is a wholly owned subsidiary of GROHE AG (Germany), having the largest market share (Globally) in the premium bath fitting industry. GIPL is having its head quarter in Delhi for Indian operation engaged in distribution of Premium bath fittings thru Distributor / Dealer network in India. Reporting to Regional CFO based out of Singapore. The company is having turnover over USD 60 Millions.
Heading the finance function for the India Operation
Responsible for
•Accounting & Finance function
•Overseas & Internal reporting
•Assessment, Forecasting & Tasking Process
•Operational controls

The Significant Accomplishments;
•Getting the successful migration to SAP from iScala. Played a key role resolving the issue faced during the migration and constantly making changes in SAP to suit the business requirement in India. Getting the Audit done with satisfying the auditors (one of the big4) with different ERPs was the major challenge.
•Significantly contributed in financial control through budgeting, forecasting & cascade done to the region wise and making the month regional P&L is major achievement. Variance analysis for Sales & margin analysis against the budget / bench mark from other country.
•Being part of the Leadership team, Presentation to the management the ideas through an open, innovative and analytical prospective.
•Strengthen Business Plan aligning of Sales, Operational and Credit function by various Control Dashboards and reporting system.

Mahindra & Mahindra Limited (Auto Sector), India Jan 07 - Dec 08 RCM - North
Mahindra & Mahindra Ltd is India’s one of the most successful Organisation, worked in the Automotive Sector having turnover of over INR 12, 000 Cr ($ 2.3 Billion), is engaged in production & distribution of Passenger & Commercial Vehicles.
Heading the North Region Commercial function which splits into 5 Area offices & having of 8 stock yards in different states. A total team of 23 members reporting to position directly & indirectly.
The Significant Accomplishments;
•Improvement of the relationship with dealer in addressing the issues of the dealer in respect of settlement of claims, arranging the funds from Banks for order, ensuring other commercial related issues of the dealer which reflected in the dealer satisfaction index published by the company.
•Significantly reduces the aged stock in the stock yard & disposal of the damaged vehicle in quick time resulting in better space availability & better cash flow for organisation.
•Better planning of the stock including putting the orders in time & follow up for availability of the vehicles at the time of requirement.
•Handling Statutory Audits and the Internal Audit Teams who visits the regional / area office regularly

is the wholly owned subsidiary of Hyundai Corporation, Korea engaged in Production & distribution of Passenger Vehicles in India. Posted in North Regional office in Delhi & looking after 56 dealers of North (2007).

The Significant Accomplishments;
•Associated with the project (Global Database Management System) which acts as an interface between Company & dealer which gives all the information to dealers and facilities other functions in dealership
•Leading the paper less claim settlement process in Company which resulted in immediate settlement of the dealer monthly claims resulting in better dealer satisfaction.
•Establishing good relationship with Banks to facilities the dealer in procurement of the funds under the Inventory Funding.
•Conducting the audits both Stock audit & financial audits of the dealer to ascertain the profitability of the dealer & recommending the improvement of the operation to enhance better control & profitability of the dealership

providing the Car Rental to Hotel Guest & other corporate. Heading the accounting function for North Zone which was consists of 3 Branches & 7 Revenue points.
The Significant Accomplishments
•Maintains the accounting for the Zone, consolidation of accounts & sending the MIS reports Branch wise & consolidate to the region. Attending the review meeting with top management about the performance of Branch & Zone.
•Responsible for commercial & tax compliance at Branch level & Zone level.
•Handling the Internal audit & statutory auditor & send the audited Trial Balance to HO for company consolidations

Heading the accounting and commercial function in the car dealership of “Daewoo Motors” - Continental Auto Services, New Delhi.

The Significant Accomplishments
•Responsible for establishing robust accounting & other related functions
•Responsible for consolidation of the MIS for HQ review