Commercial Finance Sr. Executive – E-Commerce, Modern Trade & CSD
Mondelez International (Formerly Cadbury India Limited)
Total years of experience :15 years, 9 Months
• Credit controller for E-Commerce, Modern Trade & Govt Channels.
• Handling of Overall Commercial operation of E-Commerce, Modern Trade & Govt Channels.
• Maintaining low DSO of E-Commerce, Modern Trade & Govt Channels .
• Handling & Monitoring Utilization of E-Commerce, MT & Govt Channels Credit limit Management.
• Monitoring and Handling the Receivables of E-Commerce, Govt Channels & Modern Trade Customers.
• Preparing of Profit & loss accounts for Govt Channels on Monthly basis.
• Handling & Monitoring Pricing of E-Commerce, Modern Trade & Govt Channels.
• Managing timely payouts for Claims of E-Commerce & MT Customer which includes Visibility, Promotions, OFF Invoices.
• Make necessary provision for claims on month end.
• Reconciliation of E-Commerce & MT customer on an monthly basis to ensure there are no gaps
• Assisting in drafting of Standard Operating Procedures (SOP) for better controls & risk reduction & monitoring the effective implementation of the same.
• GL certification on Black Line.
• Handling of Monthly Provision of bad debts.
• Preparing and streamline the Price change and Grammage change process for Govt Channels.
• Timely submission of documents for Price Revision/ Grammage change/ one to one replacement/ new introduction/ Case pack change/ graphic change in Canteen store Department ( Govt Channels)
• New Product launch of OREO biscuits in Govt Channel with all required documents.
• Handled the New Business launch in CPC (Govt Channel) with timely submission of Finance & Business documents.
• Monitoring and Handling the Receivables of Modern Trade Customers/ Direct Key Accounts.
• Monthly Reconciliation of all Direct Key Accounts.
• Handling overall account receivable of Institutional Sales i.e. Canteen and Store Department.
• Reporting of Weekly Debtors Ageing of Modern trade Customers to Head of Finance and Brand Control.
• Managing and accounting the Claims of MT Customer which includes Visibility, Promotions, OFF Invoices and Octroi.
• Updation of TOT coordinating with Sales Team.
• Timely payout the Claims as per TOT and make necessary provision for claims on month end.
• Preparation of monthly report of Actual V/S Budgeted for Visibility and Promo Claims.
• Handling ‘C’ Forms of all the MT Customers.
• Fortnight Customer Visit as per requirement for Reconciliation.
JOB PROFILE (Change in role)
• Monitoring and Reporting of Daily Sales Report of all India of all the products to Top Management on daily basis.
• Monitoring and reporting Domestic and International Debtors Age Analysis Report (Zone wise) on daily basis.
• Handling overall account receivable of Institutional & Canteen and Store Department Accounting.
• Monitoring and reporting all India Stock report on daily basis.
Reporting total Bulk, Packed, Materials and in transit Stock available in all the Zones.
Calculating Stock in number of days for the particular month.
Reporting total Budgeted Production and Asking rate of the production for the month.
Reporting Target of all India CFA’s and future Schedule production to complete the target.
• MIS on Credit Limit Utilization report on monthly basis and Analysis of Customers Credit Management System.
• SAP FICO, MM, SD Modules.(ECC 6 Version)
• Exports accounting in SAP and various Pre and Post Shipment activities.
• Handle Exports Letter of Credit.
• Keep a track on all Exports Documents to be sent to the Customer at the time of the Shipment.
• To prepare the Monthly Commercial Docket and report the same to Top Management
• To Collect the Monthly reports from all the India RCM’s and consolidate them to prepare the Commercial Docket.
• To Analysis the following reports on monthly basis report them to Top Management.
Rent Analysis.
Professional Fees Analysis.
Service charges.
Advertisement Analysis.
• To handle the whole Export Profile start from Revenue, Contribution & Profit and report the same to the Top Management on monthly basis.
• Prepare the COO report on monthly basis and handover to the concern person.
• Prepare Monthly SBUC presentation.
Worked with Out Source Company: BEST BUY (USA & CANADA)
To handle monthly Debit balance
• Served on a report called “Debit balance”.
• The Report includes the data of those vendors to whom the funds were wrongly transferred due to certain error or overpayment while processing the invoices.
Responsibility
• To follow up on the refund of the wrongly paid/ over paid amount with the vendors.
• Update the amount in the report.
Handling Electronic uploads and Appliance profile
• It’s the kind of invoice process which get upload in the excel sheet called as More4Apps.
Responsibility
• To process the Invoice update the vendors on the same.
• At the end of day the report run in oracle to get the invoice paid.
Handling Advertising profile.
• Advertising are those invoices which get paid through Oracle system.
• Run the Report in Oracle
• Pay off the invoices at the earliest
• Update the vendors about the payment status.
Deputed to U.S.A(BEST BUY .Co) to work with On - Shore team members for the period of 6 Months:-
• To look entire payment processing (Cheque processing).
• To get the Cheque printed.
• To mail the Cheques to the appropriate address. (Vendors)
• Handle monthly Refunds Cheques.
• Handling of AP escalation e-mails.
• Attending Conferences with Clients
• Attending Conference Calls with Off- Shore team
• Coordinating with Off - Shore team on regular bases
Deputed to U.S.A (BSET BUY) to Train the On - Shore Team for the period of 6 Months:-
• Trained the On - Shore team on payment processing for 2 month
• Monitored the team members for 4 months.
• Attending conference & Meetings with Clients.
• Handling of AP escalation e-mails.
• Coordinating with Off - Shore team on regular bases
• Attending Conference Calls with Off- Shore team
Accounts & Taxation
Specialist in Mathematics.