Swetha Kumar
Bengaluru
Summary
A results-driven finance Manager with over 15 years of experience across Order-to-Cash (O2C), Procure-to-Pay (P2P), Project management , and Business transformation . Expertise in leading cross-functional teams to successfully implement process improvements, automation , and financial system integrations . Proven track record in transitioning operations , driving efficiency , and ensuring compliance with industry standards and regulations. Skilled in strategic planning, change management , and fostering high-performance teams . Adept at managing financial operations for global organizations, optimizing cash flow, and mitigating risks, while continuously improving financial processes and systems.
Overview
17
17
years of professional experience
Work History
Finance Assistant Manager - AR
Fossil Group Ltd
05.2022 - Current
- Lead, mentor, and develop a team of 20 direct reports across Credits & Collections, Customer Master Contract Management, and Order Management for AMER & EMEA regions.
- Successfully transitioned and set up GBS shared services in India from Basel, Switzerland, ensuring seamless finance operations.
- Partner with Sales, Finance, Logistics & Customer Service to ensure accurate order processing, payment terms, and contract compliance.
- Develop and track departmental KPIs , aligning goals with organizational financial objectives.
- Implemented automation in reporting , enhancing data accuracy and reducing manual effort by 70% .
- Conduct AML (Anti-Money Laundering) checks , credit risk assessments, and monthly business reviews with key clients.
- Spearheaded initiatives that improved DSO (Days Sales Outstanding) and enhanced cash flow management.
- Automated the dunning process , reducing manual efforts and improving due diligence in collections. This led to faster follow-ups, improved cash flow, and enhanced compliance with credit policies.
- Developed a Macro-based solution for aging reports and target setting , reducing processing time by 80% and improving data accuracy for decision-making.
- Conducted quarterly performance reviews, coaching & upskilling team members to enhance efficiency.
- Partnered with IT and Finance Transformation teams to design automated solutions for collections and reporting , minimizing manual errors.
Senior Business Analyst
Finastra Software Solutions
01.2018 - 04.2022
- Led finance transformation projects , streamlining billing & collections through automation.
- Managed AR for EMEA entities , improving invoice processing, resolving stakeholder queries, and ensuring compliance.
- Conducted UAT (User Acceptance Testing) to validate IT solutions, ensuring alignment with business requirements.
- Developed process maps (Blueworks Live) to optimize Order-to-Cash (O2C) efficiency.
- Led the transition in 2019 , conducting training in the UK office and mentoring the AR team in Bangalore to establish consumer price uplift processes .
- Led the transition of the initial license fee billing process from the Revenue team to the Billing team , ensuring accuracy and compliance.
Project Controller
Deloitte Consulting India Private Limited
01.2016 - 01.2018
- Led a US process transition project , developing and executing migration strategies for finance processes.
- Managed project financials ($8M+ portfolio) , overseeing billing, budgeting, and forecasting.
- Identified and eliminated process inefficiencies, ensuring smooth execution of finance operations.
- Acted as the single point of contact for billing and financial management , ensuring financial health and accuracy throughout the project lifecycle.
- Led resource allocation and capacity planning, optimizing resource usage to meet project goals and deadlines.
Senior Accounts Receivable Analyst
OTC- Oracle India Pvt Ltd
01.2014 - 01.2016
- Managed portfolios for Oracle University, Oracle Finance Divisions and Oracle Primavera while simultaneously coordinating with stakeholders in key issues
- Reviews delinquency reports and prepares overall collection plan for debt recovery ensuring that appropriate action is taken to recover outstanding funds
- Review and approved credit notes or addition billings need to be to be issued and agrees payment plans with debtors where required
- Ensures that appropriate internal documentation is raised so that additional credits/billings are proceed accurately and in a timely manner in line with internal processes and procedures
- Reorganized performance measurement indices and alignment with the strategic plan into a single dashboard presented for review to the senior management.
Senior Accounts payable analyst
EXL Services Limited
01.2011 - 01.2014
- Managed end-to-end accounts payable process , ensuring accurate and timely payments for domestic and international vendors.
- Processed vendor invoices , reviewed payment terms, and ensured compliance with company policies and procedures.
- Reconciled accounts payable ledgers , ensuring that all payments and outstanding balances were accurately recorded.
- Acted as the primary point of contact for vendor queries , resolving issues related to payment discrepancies, billing errors, and contract compliance.
- Conducted periodic audits of accounts payable transactions to ensure compliance with internal controls and regulatory requirements.
- Improved payment cycle efficiency by implementing automated approval workflows, reducing payment delays and improving vendor satisfaction as a part of six sigma project
Associate AR and Sales
GENPACT India Pvt Ltd
05.2008 - 11.2010
- Played a vital role in the accounts receivable team by maintaining an updated billing system and actively following up on payment collections
- Contributed to ongoing improvement initiatives within the team
- Led an escheatment project for GE Water, implementing innovative solutions that resolved refund issues and facilitated refunds totaling over US $100K
- This initiative helped mitigate VAT/Tax concerns for the organization, showcasing strategic problem-solving skills
- Transitioned to the sales implementation team for a project with 3M in UK
- Providing crucial support during the process transition
- Demonstrated exceptional negotiation skills by successfully closing sales agreements with clients and consistently exceeding sales goals by over 10% in every quarter, highlighting a strong track record of sales success.
Education
Bachelor of Commerce -
St Annes College For Women - Bangalore University
Bengaluru,India2008
Masters - Pursuing Masters in Business Analytics
Symbiosis Centre For Distance Learning
Pune,IndiaSkills
- Financial Reporting & Analysis
- Process Improvement & Automation
- Client relations and stakeholder management
- Project Management & Transformation
- Training & Development
- Team Management
- Presentation and Leadership Skills
- Quality Assurance and Six sigma
- Financial Compliance & Risk Management
- Microsoft Office
- Google Studio
- Power BI
- Blue works
- Tableau
- Key Performance Indicator (KPI) management
- SQL
- ERPs worked- SAP Hana, Get paid, Oracle Cloud, Salesforce CRM, NetSuite, Bright pearl, Jira, Confluence, Highradius
Languages
English
Native or Bilingual
Timeline
Finance Assistant Manager - AR
Fossil Group Ltd
05.2022 - Current
Senior Business Analyst
Finastra Software Solutions
01.2018 - 04.2022
Project Controller
Deloitte Consulting India Private Limited
01.2016 - 01.2018
Senior Accounts Receivable Analyst
OTC- Oracle India Pvt Ltd
01.2014 - 01.2016
Senior Accounts payable analyst
EXL Services Limited
01.2011 - 01.2014
Associate AR and Sales
GENPACT India Pvt Ltd
05.2008 - 11.2010
Bachelor of Commerce -
St Annes College For Women - Bangalore University
Masters - Pursuing Masters in Business Analytics
Symbiosis Centre For Distance Learning
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