Manager – Credit

Duties and Responsibilities : ● Leading a team of 4 individuals and overseeing the credit management operations.
● Managing the credit activities for 10 Large Format Retail (LFR) Partners nationwide, ensuring adherence to a credit limit of 100 Crore, and evaluating creditworthiness based on company guidelines.
● Handling credit management for 600 General Trade (GT) Partners until March 2015, maintaining a credit limit of 200 Crore, and assessing customer creditworthiness in line with company policies.
● Ensuring sales transactions comply strictly with the credit policy guidelines.
● Approving special cases requiring deviation from the standard credit policy.
● Securing credit insurance for credit sales to designated distributors.
● Ensuring timely collections and preventing overdue debts.
● Conducting periodic reviews of credit limits and analyzing credit risks by obtaining credit risk reports from external agencies.
● Managing Accounts Receivable (AR) at a national level, overseeing monthly debtors of 250 Crore, and ensuring prompt collection from customers.
● Facilitating timely release of customer orders in alignment with available credit limits and balances.
● Generating daily customer AR aging reports and circulating them to key stakeholders to expedite collection and order releases.
● Coordinating with Statutory and Internal Auditors to finalize audit reports and preparing action plans based on audit findings.
● Monitoring credit periods and limits for customers, analyzing debtor ledgers, reviewing aging reports, and managing debtors effectively.
𝗔𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁𝘀 :
● Consistently followed up on net overdue amounts, reducing from 5 crores to 2.5 crores within six months.
● Received a spot award with appreciation from manager for outstanding performance.
● Received thank you cards from the sales team for contributions and support.

Manager - Business Control

Duties and Responsibilities : ● Led a team of 4 individuals and oversaw the preparation and monitoring of annual budgets and rolling forecasts.
● Analyzed budget and forecast performance against actual results to identify variances and areas for improvement.
● Calculated and disseminated product-wise pricing information.
● Conducted product-wise gross margin and profitability analysis to optimize pricing strategies.
● Ensured sales transactions adhered strictly to the credit policy guidelines.
● Approved special cases requiring deviation from the standard credit policy.
● Arranged credit insurance for credit sales to designated distributors.
● Ensured timely collections to prevent overdue debts.
● Coordinated with Sales and Operations teams to ensure adequate stock availability at all locations.
● Monitored and minimized slow-moving or aging stock.
● Tracked channel stock and provided recommendations to the Sales Director regarding slow-moving stock.
● Monitored delivery lead times and order-to-delivery turnaround times to optimize efficiency.
● Analyzed trade schemes for feasibility and margin implications.
● Collaborated with the marketing team to draft and circulate trade schemes.
● Monitored the implementation of trade schemes and settled them post-closure.
● Ensured timely settlement of distributor claims within stipulated timelines.
● Obtained no-due certificates from distributors on a quarterly basis to maintain financial transparency and compliance.
𝗔𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁𝘀 :
● Engaged with major distributors to resolve long-standing issues, enhancing partnerships.
● Developed a control file for pending claim history, earning recognition from senior management. Successfully settled price drop claims promptly, acknowledged by Nokia's Sales head.
● Recognized as a star performer within the company, receiving an award from the Global CEO during his visit to India.
● Resolved Octroi claims worth Rs 1.5 Crores with Nokia and played a pivotal role in recovering 9 crores dues from Samsung during business closure.

Executive - Finance & Accounts

Duties and Responsibilities : ● Prepared the Annual Plan, Latest Estimates, Quarterly Forecasts, and Projected Opex & Capex, along with Operating Statements.
● Generated Management Information System (MIS) reports on a daily basis and distributed them to the Management.
● Ensured all billing was conducted in accordance with approved pricing guidelines.
● Monitored and enforced adherence to approved discount schemes.
● Oversaw billing processes in line with credit policy and agreements with Third Party Administrators and corporate clients.
● Ensured timely collections and prevented the occurrence of overdue debts.
● Generated daily department-wise sales entries following reconciliation.
● Corrected sub-ledger discrepancies and processed journal entries as needed.
● Conducted research to resolve outstanding entries in suspense accounts.
● Provided online feedback to customers regarding the status of outstanding balances and reconciliation efforts on a daily basis.
𝗔𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁𝘀 :
● Designed MIS report formats for senior management, earning appreciation for clarity and effectiveness.
● Contributed to the migration from IFS to IMPUSE, ensuring a smooth transition.
● As a founder member of Max Healthcare, manually managed total billing when software support was lacking, providing timely revenue reports each morning.

Accountant

Duties and Responsibilities : ● Developed the Annual Business Plan and facilitated Monthly Rolling Estimates to guide strategic decision-making.
● Conducted Monthly Closing activities to ensure accurate financial reporting.
● Managed Inventory Valuation processes to maintain accurate stock records.
● Handled Sales Tax compliance and reporting requirements.
● Oversaw the management of distributors and vendors, ensuring effective relationships and operations.
● Managed disbursements efficiently to optimize cash flow.
● Implemented cost control measures to minimize expenses and maximize profitability.
● Conducted Brand/Pack level contribution analysis to assess performance and inform future strategies.

Account Assistant

Duties and Responsibilities : ● Led the Consolidation & Finalization of Accounts to ensure accuracy and compliance.
● Managed Cash Flow to optimize liquidity and financial stability.
● Prepared Management Information System (MIS) reports for informed decision-making.
● Handled Vendor & Statutory Payments to maintain positive vendor relationships and meet legal obligations.
● Managed Creditors to ensure timely payments and maintain good credit standing.
● Oversaw Fixed Assets management to accurately record and depreciate assets.
● Managed Treasury operations to optimize investment and funding strategies.
● Addressed Taxation requirements to ensure compliance and minimize tax liabilities.
● Administered Payroll processes accurately and efficiently.

Articled Clerk

Duties and Responsibilities : ● Conducted Statutory & Tax Audits for leading corporate and multinational companies such as Hindustan Lever Ltd, ITC Ltd, Nestle India Ltd, Cadbury (India) Ltd, TISCO, TELCO, Pfizer India Ltd, among others.
● Ensured compliance with statutory regulations and tax laws through thorough examination and analysis of financial records.
● Provided expert advice and recommendations to enhance financial processes and ensure regulatory compliance.

Master degree in Business Administration (Finance), Symbiosis, Pune,

Pune University, 2020 - Pursuing

12th, Government Model School Vivek Vihar, Delhi, Central Board of Secondary Education, 1991 - Completed

10th, Government Model School Vivek Vihar, Delhi, Central Board of Secondary Education, 1989 - Completed