Ankita Singh
Bangalore
Summary
LinkedIn: www.linkedin.com/in/ankita-singh-19213619
Highly accomplished finance leader with 15+ years of experience specializing in financial planning, analysis, and strategic decision-making within the SaaS, e-commerce, and IT sectors. Proven ability to drive profitability, lead financial operations, and ensure compliance in dynamic environments. Chartered Accountant with a track record of building and developing high-performing teams and implementing innovative financial solutions. Expertise in ERP migrations, SoX compliance, and internal controls. Highly skilled Associate Director with background in strategic planning, team leadership, and project management. Strengths lie in communication, problem-solving and negotiation skills that foster strong relationships and drive operational success. Previous work has resulted in streamlined processes, improved productivity, and enhanced employee engagement.
Overview
15
15
years of professional experience
Work History
Associate Director Finance (Controllership)
Bitla Software Private Limited (MMT Group Company)
Bangalore
12.2021 - Current
- Led all aspects of financial planning, budgeting, forecasting, and reporting for a SaaS company
- Developed and implemented financial strategies that increased profitability by 15% within an year.
- Oversaw the implementation of a new ERP system (D-365), resulting in a 30% reduction in month-end closing time.
- Managed a team of 12 finance professionals, providing mentorship and guidance to foster their professional growth.
- Ensured compliance with all applicable regulations and standards, including SOX, GAAP, requirements.
- Spearheaded multiple automations initiatives to improve finance function efficiency by 20%
- Developed a comprehensive 5-year Annual Operating Plan, incorporating projections for future business expansion.
- Designed and implemented a Sales Incentive strategy for the Business Team, aligning with company objectives and driving performance.
- Presented Monthly Information Systems (MIS) reporting for senior management, providing critical insights for decision-making.
- Reviewed customer contracts to ensure favourable commercial terms and alignment with company policies leading to being awarded as the Star Team of the Quarter for Q2 FY 24-25
- Collaborated on the pricing strategy for new product launches, ensuring competitiveness and profitability.
- Monitored and analysed funds flow, developing strategies for optimizing outflow and maximizing financial resources.
- Led team restructuring initiatives, focusing on talent management and enhancing organizational efficiency.
- Provided expert advice on cost-effective measures, negotiated with vendors, and reviewed contracts to ensure compliance with company policies being awarded as Star Team of the Quarter Q4 FY 23-24
- Spearheaded the development and implementation of multiple automations to streamline financial processes and improve efficiency leading to being awarded the Leader of the Year in FY 23-24.
- Managed the migration of the Enterprise Resource Planning (ERP) system from Tally to Dynamic 365.
Senior Manager, Finance (Order to Cash)
Subex Limited
Bangalore
11.2013 - 11.2021
- Oversaw all aspects of the Order to Cash cycle, including revenue recognition, commercial negotiations, revenue profiling, and new business line creation.
- Managed revenue tracking, variance analysis, and debtor reviews to optimize collection activities.
- Managed the full spectrum of financial reporting, including the preparation of financial statements, general ledger analysis, balance sheet management, and consolidation of entities.
- Oversaw audit processes, including statutory and internal audits, and finalized notes to accounts for limited review.
- Led and contributed to various key initiatives, including new ERP migration in SAP, data migrations and restructuring of the entity in 2017 and being awarded as Team of the Year.
- Commercial negotiations, and strategies for reducing UBR and debtor aging and expediting collection of provided and Written off Debtors>2 years resulting in being awarded as Make it Happen and Win Together in 2019.
- Managed month-end closures prepared financial statements and analysis (including forex), and coordinated with auditors and being awarded as Rising Above and Beyond the Call of Duty in Mar 2014.
- Ensured that the audit recommendations are being implemented in the system.
- Formulated internal control policies and ensured compliance.
- Oversaw project profitability evaluations and revenue leakage reviews.
Associate Manager, Finance
ESPN DIGITAL MEDIA PRIVATE LIMITED
Bangalore
01.2013 - 10.2013
- Manages payroll processing, expense claim handling, and vendor payments for the team
- Preparing MIS Reports and Trial Balance for the ESPN Head Office
Senior Executive, Finance
SASMOS HET TECHNOLOGIES PRIVATE LIMITED
Bangalore
06.2010 - 01.2013
- Managing all core accounting functions including revenue, billings, vendor relations, payments, and collections.
- Responsible for bank reconciliations and preparation of the Balance Sheet and Profit & Loss statement, while optimizing credit terms with vendors.
- Ensures accurate financial records through reconciliation, manages tax and regulatory filings, oversees import payment documentation and coordination with banks, handles year-end audits, performs month-end closures, manages cash flow planning, and initiates asset identification and depreciation processes.
Education
Chartered Accountant - Accounting And Finance
The Institute Of Chartered Accountants of India
Bangalore11-2010
Skills
- Financial planning and budgeting
- Forecasting and revenue recognition
- ERP implementation
- Strategic thinking
Accomplishments
- Awarded the Leader of the Year in FY 23-24.
- Awarded as the Star Team of the Quarter for Q2 FY 24-25
Timeline
Associate Director Finance (Controllership)
Bitla Software Private Limited (MMT Group Company)
12.2021 - Current
Senior Manager, Finance (Order to Cash)
Subex Limited
11.2013 - 11.2021
Associate Manager, Finance
ESPN DIGITAL MEDIA PRIVATE LIMITED
01.2013 - 10.2013
Senior Executive, Finance
SASMOS HET TECHNOLOGIES PRIVATE LIMITED
06.2010 - 01.2013
Chartered Accountant - Accounting And Finance
The Institute Of Chartered Accountants of India
Similar Profiles
FAAIZA SHARIEFFFAAIZA SHARIEFF
Assistant Human Resources Manager at Bitla Software Company (Make My Trip Group)Assistant Human Resources Manager at Bitla Software Company (Make My Trip Group)
Varun ThakurVarun Thakur
Senior Executive - Finance & Accounts at MakeMyTrip India Private Limited (Go-MMT Group)Senior Executive - Finance & Accounts at MakeMyTrip India Private Limited (Go-MMT Group)
Sravya GundalaSravya Gundala
Junior software engineer at Valuemomentum software services private limited companyJunior software engineer at Valuemomentum software services private limited company
Muskan JainMuskan Jain
Associate – Bid Management at Subex Ltd.Associate – Bid Management at Subex Ltd.
Lakshmi Durga KogantiLakshmi Durga Koganti
Technical Writer at Cisco Systems Inc. Ltd.Technical Writer at Cisco Systems Inc. Ltd.