ABHILASH KARICHERI
MANAGER FINANCE
Ernakulam
Summary
Results-driven Finance Manager with a proven track record of leading high-performing teams and implementing strategic financial initiatives. Seeking a challenging position where my skills in financial analysis, team leadership, and project management can contribute to organizational success.
Overview
13
13
years of professional experience
5
5
years of post-secondary education
4
4
Certifications
Work History
Finance Manager
Air India Express Ltd
09.2022 - Current
- Managing day-to-day accounting activities, including accounts payable, accounts receivable, and general ledger functions
- Led a team of financial analysts, providing guidance and mentorship to improve their performance and achieve department goals, resulting in a 10% increase in productivity through effective guidance and mentorship
- Conducted comprehensive financial analysis, including variance analysis, and forecasting to support strategic decision-making
- Prepare detailed financial reports and presentations for senior management, highlighting key insights and recommendations
- Collaborated with cross-functional teams to develop and monitor departmental budgets, to forecast future budgetary needs ensuring alignment with overall organisational goals
- Conducted regular budget reviews, identifying areas for improvement and providing actionable recommendations to enhance financial efficiency
- Ensured accurate and punctual closure of monthly, quarterly, half yearly and year-end financial processes
- Executed financial analysis and forecasting to identify cost-saving opportunities, resulting in a 20% reduction in overall operational expenses
- Oversee the end-to-end accounts payable process, from invoice receipt and validation to payment processing and reconciliation
- Successfully negotiated deadlines and rates with vendors through effective communication and persuasive skills
- Prepared and provided various monthly status reports and responded to ad hoc requests from senior management in a timely and efficient manner
- Proactively resolved vendor inquiries, ensuring seamless communication and effective resolution
- Proactively resolved vendor inquiries, ensuring effective communication and resolution
- Executed financial analysis and forecasting to identify cost-saving opportunities
- Effectively oversaw time-sensitive projects.
TMO
Air India Express & Air Asia India Pvt Ltd
Kochi
01.2022 - Current
- India Express: -
- 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 as a TMO for various cost initiative projects, identifying cost-effective initiatives and setting goals to achieve targets
- Developed and maintained detailed project plans, schedules, and budgets, consistently meeting or exceeding project goals
- Monitored project progress, updating senior management about developments, and ensuring adherence to timelines.
Deputy Manager
Air India Express Ltd
01.2017 - 08.2021
- Oversaw finance and accounting activities, including month-end closing, journal entry posting, and accrual booking
- Ensured adherence to organizational policies and procedures, addressing deviations promptly
- Managed audit-related issues and queries, ensuring timely closure
- Authorized invoices processed by finance officers and finance assistants
- Conducted regular reconciliation of vendor accounts and closure of reconciliation points
- Prepared Airport charges reports on a fortnight basis, allocating sufficient funds for smooth airline operations
- Created accounting manuals for AP and GL transactions, assisting HR department with payroll activities.
Senior Finance Officer
Air India Express Ltd
10.2014 - 08.2017
- 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 and reconciliation
- Executed intercompany transactions and handled In-flight Catering and Crew Hotel expenditures
- Conducted 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, NASFT charges, and RCS invoices
- Maintained records for excess baggage and participated in quality checks.
Finance and Admin Business Associate
IBM India Pvt Ltd
01.2011 - 05.2014
- (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 the seamless closing of books of accounts
- Conducted intercompany and bank reconciliation monthly, ensuring financial accuracy
- Executed FX rate revaluation for AMEX Large card payments, a vital monthly process
- 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 the client within stipulated TAT
- Conducted GRIR reconciliation of purchase orders monthly, contributing to financial accuracy
- Oversaw daily cash and inventory management, ensuring optimal financial control
- Managed the Vendor Master Database, ensuring accurate and up-to-date information
- Utilized ACL tool for weekly reports, tracking duplicate entries before payment proposals
- Executed manual/urgent payments based on client requests, demonstrating flexibility and responsiveness
- Conducted 100% quality checks on processed invoices in SAP to prevent duplicate payments.
Education
MBA - Finance
Visvesvaraya Technological University (VTU)
Belgaum 06.2008 - 12.2010
BBM - Accounting And Finance
Kannur University
Kasaragod 08.2005 - 05.2008
Skills
SKILLS SETSundefined
Certification
Name : Abhilash. K
Timeline
Finance Manager
Air India Express Ltd
09.2022 - Current
TMO
Air India Express & Air Asia India Pvt Ltd
01.2022 - Current
Deputy Manager
Air India Express Ltd
01.2017 - 08.2021
Senior Finance Officer
Air India Express Ltd
10.2014 - 08.2017
Finance and Admin Business Associate
IBM India Pvt Ltd
01.2011 - 05.2014
MBA - Finance
Visvesvaraya Technological University (VTU)
06.2008 - 12.2010
BBM - Accounting And Finance
Kannur University
08.2005 - 05.2008
Name : Abhilash. K
Nationality : Indian
Languages known : English
Passport Number : W0889294
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