Associate Director - F&A Controlling for Regions / Supplier Ecosystem Services
EY
Total years of experience :21 years, 4 Months
• • Associate Director - Process Leader - Controlling for Regions \[General Ledger & Accounts Receivable\]). - (2017 - 2019)
• Associate Director - Contract Management- Supplier Ecosystem Services (Since 2019)
Contract Leader - Supplier Ecosystem Services
• Manage outsourcing contracts with service providers - Total contract spend managed - $300 Million.
• Lead overall Supplier Management framework
• Build trusted relationships with internal stakeholders (Business, Procurement, Finance, Legal, InfoSec etc.) and form part of the extended leadership team of the business.
• Lead supplier governance and relationship meetings and keep a track of supplier performance, and compliance.
• Keep a meticulous track of all value leakage avenues and prevent them for happening or escalate at the right levels to bring focus
• Monitor all Deliverables & Obligations of the supplier pertaining Quality, contract and Performance improvement programs with suppliers
• Be part of the deal approval process and have the right level of engagement during onboarding to bring value to the process and ensure post contract supplier governance is smooth
• Participate and lead certain workstreams for value creation, spend optimization, supplier rationalization.
• Facilitate implementation of continuous process improvements within vendor management program
• Manage a team of supplier managers and data analysts ensuring engagement at business stakeholder, Procurement and supplier levels.
• Review contractual performance of both parties to ensure compliance with terms and to identify conflicts or changes requiring resolution at contract renewal
• Perform the management of the tactical and strategic relationships with suppliers, ensuring alignment to objectives
• Perform the establishment and execution of processes for authorization, confirmation and payment of supplier.
• Liaise with Global Compliance team on internal audit/compliance review processes for supplier
• Develop standards for contracts, including presentation of budget, payment terms and provisions
• Conduct business reviews with senior stakeholders with crisp presentation and messaging with clear outcomes.
Process Leader - Controlling for Regions (General Ledger & Accounts Receivable)
• Lead the General Ledger & Accounts Receivable processes. of EY offices of multiple regions viz., Americas, UK&I, Africa, MENA.
o General Ledger activities - Journal Entry postings, Account Recons (Balance Sheet), Cash Management, Month & Year end Close activities
o Account Receivables - Cash Applications, On-Account & Un-identified Management
• Manage Client expectations and effectively manage escalations with Corrective & Preventive Measures.
• Review and delivery of high level reports to Finance Leadership on a regular/ ad-hoc basis
• Own & review of Regional books of accounts
• Lead process transitions (process, resources, performance metrics)
• Act as a finance consultant to Finance leaders to maintain the accounts
• Work on internal efficiency projects and drive the team to deliver the target effiencies.
• Work closely with Onshore Regional Finance Leaders to understand requirements, set expectations, address & resolve concerns.
• Plan, organize and lead transition activities. Manage the operations stability during process transformation - Cutover activities.
• Ensure process stability with effective backup / succession planning.
• Strategize on efficiency projects using automation solutions (Attended / Un-attended \[RPA\]) - Identify, design & deploy.
• Responsible for meeting agreed Process Performance metrics - Accuracy & Timelines
• Develop, implement & manage quality compliance and accuracy attributes
• Governance with stakeholders - Business as usual, Performance review and Strategic cadences
• Steer the finance function of the group consisting of Academic, Travel, Print Media, Catering, Trading (Electrical, Electromechanical, Oil & Gas), Manufacture (Electro Mechanical - Switch Gears)
• Formulating a proper accounting system in the organizations & implementing Finance Policies
• Devise periodical reporting for the management and handling the preparation of the Annual Budget & Quarterly Forecast - Revenue, Profitability & Working Capital.
• Liaise with the auditors for the annual audit & consolidation of the books of accounts of all entities.
• Led System Deployments:
o Implementation of cloud based school management system for the Academic Entities.
o SAP B1 for Trading & Manufacturing Entities
• Led improvement of AR / Working Capital status for Travel Business - Re-negotiating contract terms with Corporates, In-house travel policies,
• Member of the Board of Trustees of the Academic Entities.
• Liaise with the banks for all banking activities including facilities (funded & non-funded lines) & fund management
• Liaise with insurance companies regarding insurance activities of the organization (Medical & non-medical. Review Utilization reports for loss ratios, Define benefit packages and ensure premium stability.
• Feasibility study for new ventures & expansion of existing ventures, overseeing cash flows, ensuring fund availability.
• Advise management on exit strategies for non-profitable ventures.
• Performance management of the team.
• • Review & Analysis of reports on revenue, profitability, headcount & staff utilization
• Led standardization of reports across all Business Units and designing training modules for the team.
• Augmented efficiency of the team through automation of reports and managed the development of new standardized reports across US sub-areas.
• Creating database solutions for report generation (MS-Access & SQL) and supporting US sub-areas in Financial & Revenue planning phase.
• Facilitated floor support on the technical tools for the team and conducted performance meetings with team members on a regular basis
• Develop & Maintain standard report tracker, reviewing reports prepared & sent out by the team and presenting performance dashboard of the team
• Led a team of 20 - 25 members.
• Work closely with US counter parts on Revenue Planning process.
• Led the Ad-hoc workflow tool (AWFT) development for streamlining the adhoc reports workflow and capture of team KPIs.
• Nestle / Consumer Finance
o In-charge of inventory for Nestle / Consumer (FMCG) products worth AED 25M.
o Stock movements - In (GRNs) - Updating landed costs & Selling prices & Sale Orders
o Oversee Credit Control process
o Promotion pricing & Principal charge back.
o Stock Provisioning
o GL Recons for Key Accounts (Customs duty, Handling Charges, Prepayments, Provisions & Accrued liabilities)
o Prepare Annual Budget and Monthly forecasts.
o Monthly Financial statements preparation.
• Central Finance
o Overhead allocation - IT & General Management
o In charge of Insurance - Non- Medical (Property all risk, Fidelity, Cash-in-transit)
o Monthly consolidation of department financials.
o Prepare Monthly Management Pack & Annual financial statements
o Liaise with Auditors - Internal & External
o Review & sign off closing physical cash balance - Daily