SAP
ABHILASH K
Kochi
Summary
Results-driven finance manager with a proven track record in financial analysis, accounts payable, general ledger management, and project management. Expertise in preparing and reporting Management Information Systems (MIS), overseeing monthly closings and ensuring meticulous reconciliation of accounts. Adept at adhering to audit and regulatory compliances, consistently ensuring the accuracy and integrity of financial data. Demonstrated ability to collaborate effectively with cross-functional teams, facilitating the timely and successful completion of projects. A detail-oriented professional committed to optimizing financial processes and contributing to the overall success of the organization.
Overview
13
13
years of professional experience
7
7
years of post-secondary education
Work History
Finance Manager
Air India Express Ltd
Kochi
01.2021 - Current
- Expert in leading month-end, quarter-end, and year-end closing processes to ensure timely and accurate financial reporting
- Proficient in analyzing financial data and providing actionable insights to support strategic decision-making
- Effective communicator, able to collaborate cross-functionally with finance, commercial, and other departments
- Demonstrated leadership abilities in leading and motivating teams to achieve R2R objectives and meet deadlines
- Track record of implementing best practices and continuous improvement initiatives to enhance R2R processes
- Proven track record of optimizing R2R operations, reducing closing cycle times, and enhancing process efficiency
- Proficient in reviewing GL analysis, handling monthly provision and accrual entries ensuring accurate reporting of transactions
- Experienced in managing General ledger, intercompany/related party reconciliations and resolving discrepancies promptly
- Skilled in developing and maintaining standardized reporting templates to ensure consistency and transparency
- Experienced in managing internal and external audits, facilitating smooth audit processes, and addressing audit findings and enhancing financial controls
- Proficient in utilizing SAP ERP systems and other financial software for reporting and analysis
- Strong problem-solving skills, with the ability to identify issues and develop effective solutions
- Proficient knowledge of income tax, GST, TDS and EPF and applicable laws
- Detail-oriented with a focus on accuracy and precision in financial reporting and analysis
- Committed to professional development, ensure compliance with internal policies, procedures, regulations, staying updated on industry trends, and best practices related to R2R.
Integration and Transformation Management Office
Air India Express Ltd
Kochi
01.2021 - Current
- Worked as IMO and TMO for integration of Air Asia India and Air India Express
- Identified various work streams for integration to achieve targeted milestones
- Developed project management plan to achieve work stream targets
- Collaborated with cross-functional teams to develop and maintain project documentation and progress reports
- Coordinated with teams to schedule meetings, managed project risks and issues, and implemented effective mitigation strategies
- Worked on various cost initiative projects, identifying cost-effective initiatives and achieved overall 20% reduction in operation expenses
- Monitored project progress, identified risks and took corrective action as needed
- Developed and maintained detailed project plans, schedules, and budgets, consistently meeting or exceeding project goals
- Tracked project and team member performance closely to quickly intervene in mistakes or delays.
Deputy Manager Finance
Air India Express Ltd
Kochi
01.2017 - 08.2021
- Oversaw finance and accounting activities, including month-end closing, journal entry posting, and accrual booking
- Authorized invoices processed by finance officers and finance assistants
- Executed regular reconciliation of vendor accounts and closure of reconciliation points which increase 10 % increase in financial efficiency
- Prepare financial reports, providing insights to support decision making
- Prepared Airport charges reports on fortnight basis, allocating sufficient funds for smooth airline operations
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations
- Generated vendor aging reports on fortnight basis to track outstanding dues of creditors and ensure that payments are executed on time
- Ensured adherence to organizational policies and procedures, addressing deviations promptly
- Maintained accurate and organized financial records for reference and audit purpose
- Managed audit-related issues and queries, ensuring timely closure
- Prepare TDS GST and GSTR reports, and reconciliation during quarter end contributing to compliance
- Created accounting manuals for AP and GL transactions, assisting HR department with payroll activities
- Developed SOP for Accounts Payable process.
Senior Officer Finance
Air India Express Ltd
Kochi
10.2014
- Scrutinized and processed vendor invoices in SAP, ensuring accuracy
- Managed weekly vendor payments, emphasizing efficiency and compliance
- Led month-end R2R process, focusing on timely journal entries booking of accrual entries and reconciliation
- Executed intercompany transactions and handled In-flight Catering and Crew Hotel expenditures
- Handled vendor balance reconciliation and monthly revenue reconciliation
- Prepared TDS GST and GSTR reports, contributing to compliance
- Managed internal and statutory audit queries efficiently
- Handled Navigation charges and other airport related charges
- Maintained records for excess baggage and participated in quality checks
- Oversaw accounts payable and receivable to track income and expenditures, drive statutory compliance and provide quantitative financial information.
Finance and Admin Business Associate
IBM India Pvt Ltd
Bangalore
01.2011 - 05.2014
- General Ledger (R2R) for UNILEVER GLOBAL MNC Project: Spearheaded critical month-end, quarter-end, and year-end activities, ensuring timely and high-quality deliverables
- Processed accruals and recurring journal entries, contributing to seamless closing of books of accounts
- Organized intercompany and bank reconciliation monthly, ensuring financial accuracy
- Successfully closed books for multiple regions, including Norway, Denmark, Finland, Sweden, Hungary, Czech Republic, and Slovakia
- Led general ledger balance sheet reconciliation monthly for enhanced financial control
- Generated reports for client calls, ensuring timely cost center allocation and addressing queries
- Maintained and updated cost center records, facilitating effective financial management
- Documented journal entries for internal/external financial audits and interacted with auditors for process explanation
- Accounts Payable (AP) for EASTMAN KODAK MNC Project: Indexed and processed invoices in SAP, ensuring accuracy and adherence to timelines
- Managed daily queries via emails and calls with clients and vendors, fostering effective communication
- Processed consignment invoices daily, reporting to client within stipulated TAT
- Directed GRIR reconciliation of purchase orders monthly, contributing to financial accuracy
- Oversaw daily cash and inventory management, ensuring optimal financial control
- Managed Vendor Master Database, ensuring accurate and up-to-date information
- Utilized ACL tool for weekly reports, tracking duplicate entries before payment proposals
- Carried out manual/urgent payments based on client requests, demonstrating flexibility and responsiveness
- 100% quality checks on processed invoices in SAP to prevent duplicate payments
- Optimized customer experience by delivering superior services and effectively troubleshooting issues.
Education
Master Of Business Administration - Finance
Visvesvaraya Technological University (VTU)
08.2008 - 04.2010
Bachelor Of Business Administration - Finance And Accounts
Kannur University
07.2005 - 05.2010
Skills
Financial Analysisundefined
Awards And Honours
- IBM Star Award 2012: Outstanding performance in the Accounts Payable project.
- IBM Standing Ovation Award: Best team performance in the company.
- GEM Award 2022: Outstanding performance during the financial closing and best project coordinator for the integration between Air Asia India & Air India Express
Software
MS Office
SAP Success Factor
Timeline
Finance Manager
Air India Express Ltd
01.2021 - Current
Integration and Transformation Management Office
Air India Express Ltd
01.2021 - Current
Deputy Manager Finance
Air India Express Ltd
01.2017 - 08.2021
Senior Officer Finance
Air India Express Ltd
10.2014
Finance and Admin Business Associate
IBM India Pvt Ltd
01.2011 - 05.2014
Master Of Business Administration - Finance
Visvesvaraya Technological University (VTU)
08.2008 - 04.2010
Bachelor Of Business Administration - Finance And Accounts
Kannur University
07.2005 - 05.2010
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