Amit Sood
Nagpur
Summary
Finance Transformation Leader with expertise in P2P initiatives and process reengineering. Achieved 20% processing efficiency improvements and maintained 98% SLA adherence. Skilled in stakeholder management and team development, implementing risk frameworks to optimize operations and ensure compliance.
Overview
28
28
years of professional experience
1
1
Certification
Work History
DGM - P2P Finance Transformation Leader
Tata Consultancy Services
Nagpur
11.2017 - Current
- Spearheading P2P transformation initiatives including Bills standardization & Invoice harmonization across geographies, TNI (Tax and Invoice) standardization led to 20% processing improvement with accuracy.
- Implemented global P2P operating model including Vendor onboarding, governance, 2 / 3 way matching controls, payment cycle and working capital optimization.
- Led two complex finance operations in BFSI and manufacturing, overseeing Record-to-Report, Procure-to-Pay, Order-to-Cash finance planning and analysis, and pricing and contracting across NAM, LATAM, EMEA, and MEA.
- Led a team of 100+ cross functional professionals across multiple geographies delivering high quality finance operations with strong focus on efficiency and control.
- Improved operational efficiencies boosted SLA adherence from 85% to 98% across P2P operations, enhancing work quality and client satisfaction.
- Established risk and control framework for efficient processing, utilizing technology and advanced applications to improve accuracy and control while addressing margin pressures through management layer rationalization.
- Collaborated with business leaders and stakeholders to fulfill project commitments.
- Executed the first pre-COVID remote transition with 100% backup before achieving operational stabilization.
- Operations with Transformation - Domain and skill aligned functional role allocations, Operationalizing SLAs post customer agreement, documenting SOPs, different types of Risks and Controls with monitoring framework, Stakeholder reporting, alignment on BCP strategy and percentage coverage at activity level.
- Cultivated high-performing teams, enhancing communication and reporting on contract commitments to increase transparency and collaboration.
Head of Finance Consulting
Sannam S4
New Delhi
05.2017 - 08.2017
- Managed finance and education consulting projects for UK clients, overseeing all aspects to ensure successful delivery and client satisfaction.
- Defined functional verticals and led a team to deliver finance operations and consulting on financial matters, including entity incorporation and account maintenance.
- Contributed to thought leadership by developing vision documents, defining procedures, and participating in annual planning and goal setting for 1-3 years, enhancing team productivity and capacity through streamlined processes and task re-segmentation.
Senior Manager - P2P Transformation & Solutions
Genpact
Gurgaon
02.2013 - 04.2017
- Executed process re-engineering projects to improve operational output and facilitate knowledge transition.
- Designed/ agreement on SLAs, KPIs for Projects. Set road map /milestones to deliver productivity in compliance with contract.
- Participated in collaborative team initiatives focused on knowledge management and technology integration.
- Recommend Leading practices e.g. Time to Close and Time to Report, COA rationalization, Centralization / Decentralization.
Manager
Ernst and Young
Chennai
03.2012 - 02.2013
- Risk-based Internal Audit of MNCs in Financial Services, Brewery, Print media.
- Mentored team of qualified and semi-qualified professionals on audit engagements and professional tasks, enhancing team capabilities and performance.
- Defined risk and controls matrix, developed RACI, reviewed and contributed to risk registers, ensuring regulatory compliance and effective risk management.
- Worked in leading Audit practices backed by firm analytics, designed target operating models aligned with business requirements.
- Implemented risk management procedures to enhance operational models.
- Facilitated collaboration among teams to streamline processes and improve management efficiency.
Partner
M/s Pradeep Aggarwal & Associates
Chandigarh
07.2009 - 03.2012
- Executed internal and statutory audits for national banks and government/private companies in Chandigarh and beyond, ensuring compliance and enhancing financial integrity.
- Implemented financial prudence in government audits, promoting transparency and strengthening the established tendering process.
- Filed taxation, MCA, RBI, and labor returns; managed company incorporation and secretarial tasks; registered with various regulators, including ESIC and IEC, to maintain compliance.
Sr. Manager
Fullerton India Credit Company
Chandigarh
12.2007 - 06.2009
- Lead Credit, Risk and Collections team. Underwriting Secured, Unsecured products for non-life through measured credit profiling.
- Redesigned customer sourcing and introduced market-driven underwriting policies and loan restructuring, reducing delinquency and enhancing portfolio risk through effective policy measures and customer collections techniques.
- Controlled delinquency with targeted strategies, improving underwriting processes.
- Administered portfolio risks to refine lending norms, supporting increased repayment rates.
- Enhanced portfolio performance and margins through strategic adjustments and risk management.
- Expanded lending lines and product variety.
- Compliant, regulated and responsive lending.
Sr. Executive
Winsome Yarns Ltd. and Winsome Textiles Ltd
Chandigarh
02.2007 - 12.2007
- Transformed annual raw material procurement, scrap sale, logistics, and fuel dispensing processes, approved all capitalization and heavy procurement bills, achieving significant savings and ensuring zero pilferage post-process installation.
- Led internal audit, overseeing procurement of raw cotton from mandis to finished goods, ensuring compliance with finance, quality, and stocking ratios.
- Promoted transparency in procurement and scrap sale processes, enhancing revenue reliability.
- Established waste disposal process through tendering, generating consistent revenue inflow.
- Ensured compliance through detailed reporting to stakeholders and regulatory bodies.
Audit Executive
AD and Co Chartered Accountants
Chandigarh and NCR
07.2001 - 01.2007
- Conducted focused reviews and due diligence, identifying critical financial insights that informed strategic decision-making.
- Executed bank audits and assessed public loan schemes, ensuring compliance with financial propriety standards.
- Completed audit assignments for PwC, EY, and other CA firms, enhancing compliance with regulatory requirements.
- Redesigned costing framework for heavy automobile major, enhancing accuracy in financial reporting.
Article ship training
S.S. Kothari and Company - Chartered Accountants
New Delhi
05.1998 - 06.2001
- Trained in professional work including internal audit, statutory audit, due diligence, investigations, management reviews, and focused audits such as PF audit, company deposits schemes audit, ESIC audit, and audit under Factories Act.
- Executed daily tasks with precision, ensuring timely completion and adherence to quality standards.
- Proposed and implemented innovative solutions that improved team collaboration and project outcomes.
- Collaborated with diverse coworkers to achieve project goals and resolve product-related issues.
Education
CA -
ICAI
New Delhi06-2001
B.Com. -
HP University
12th -
SD College
Chandigarh10th -
St Edwards
ShimlaCertification Course -
IFRS
Skills
- P2P
- Operations R2R
- OTC
- Financial planning
- Process Transformation
- Reengineering
- RPA
- Lean
- Management reporting
- Audit
- Risk controls
- Stakeholder Management
- Operating model
- Solution Design
- Contract Compliance
Achievements
- Improved SLA adherence from 85% to 98% across P2P operation
- Led a team of 100+ cross functional professionals
- Increased efficiency, effectiveness and collaborative management practices
Spouse
Neetu, House maker, erstwhile Finance lecturer
Business Visa
US, UK, Schengen multi entry
Certification
- Certification Course in IFRS
- Quality Green Belt Tested
Personal Information
- Pan Number: BCUPS0398L
- Passport Number: Z2315026
- Child Name: Aanya
- Child Name: Ayan
- Date of Birth: 01/17/77
- Marital Status: Married
Timeline
DGM - P2P Finance Transformation Leader
Tata Consultancy Services
11.2017 - Current
Head of Finance Consulting
Sannam S4
05.2017 - 08.2017
Senior Manager - P2P Transformation & Solutions
Genpact
02.2013 - 04.2017
Manager
Ernst and Young
03.2012 - 02.2013
Partner
M/s Pradeep Aggarwal & Associates
07.2009 - 03.2012
Sr. Manager
Fullerton India Credit Company
12.2007 - 06.2009
Sr. Executive
Winsome Yarns Ltd. and Winsome Textiles Ltd
02.2007 - 12.2007
Audit Executive
AD and Co Chartered Accountants
07.2001 - 01.2007
Article ship training
S.S. Kothari and Company - Chartered Accountants
05.1998 - 06.2001
CA -
ICAI
B.Com. -
HP University
12th -
SD College
10th -
St Edwards
Certification Course -
IFRS