Aniruddha Vijay Havaldar
Summary
Sought out continuous professional development opportunities to further develop expertise in Finance & commercial operations while strengthening support for team members. Resourceful leader with good organizational, multitasking and project management abilities. Discerning and performance-oriented in tackling operational problems.
Overview
15
15
years of professional experience
19
19
years of post-secondary education
Work History
Deputy Manager - Credit & Risk
Mahindra & Mahindra Ltd
Mumbai
08.2022 - Current
- Roles and Responsibilities:
- Managing the Credit Portfolio for the Pan India Automotive Dealers, both secured and unsecured totaling to Rs.900+ Crores
- Monthly Risk Rating of 300+ dealers for real time risk assessment
- Handling the Bank Guarantee portfolio of approx Rs.300 Crores of channel partners
- Handling the team of five members on Credit, Dealer Profitability and MIS
- Suggest the changes in organization's Credit Policy and Risk Rating mechanism with change in business dynamics
- Monitor dealer equity and drive to keep the dealer equity above the prescribed limit as suggested by business time to time
- Monitor the debtors outstanding for M&M and keep it under control in line with the budgeted targets
- Analysis of the Dealer Financials, their working capital requirements and aligning the portfolio accordingly
- Work with the IT team to develop systems to ensure automation and efficient portfolio management
- To evaluate and drive the overall business and profitability for the channel partners of Mahindra
- Do a detailed benchmarking of various parameters, viz, productivity, financial for Vehicle Sales, Service, Spares and Accessories to identify focus areas of improvement for each dealer
- Conduct Stock Audits and report the findings
Deputy Manager - Commercial
Mahindra & Mahindra Ltd
Mumbai
04.2019 - 08.2022
Asst. Manager - Commercial
Mahindra & Mahindra Ltd
Raipur
01.2018 - 04.2019
Executive- Commercial
Mahindra & Mahindra Ltd
Pune
08.2013 - 12.2017
- Assisted with day-to-day operations, working efficiently and productively with all team members.
- Billing Co-ordination & Dealer Fund Management by leading the team of 3 members
- Keep check on Dealers Health Index (DHI) and monitoring overall parameters of credit limit discipline strictly adhered to facilitate smooth billing of vehicles
- Keeping track of the ATL & BTL activations Advt. Budget
- Adherence of Commercial Compliances at Dealership level, Keeping check on the compliance management & maintaining the whistle blower status for organization
- Acting as an auditor for Stockyard audit, Dealer Audit & cross Regional Office Audits
- Adherence of Statutory compliances at Regional Office
- Preparing Regional Office for Internal & External Audits like ISMS, CMS
- No Due Certificate collection post processing all claims – (Sales & Service)
- Dealer Accounts Ledger Balance confirmation (monthly)
- Demand Chain Management- Maintaining model wise trend for the product, chasing the trend for the product and assisting senior management in Advance Planning according to the trend, market requirement and timely upload of the same
- Aligning Channel Partners as well as plant for ordering and dispatches
- GST- Co-coordinating with HO Commercial, GST team, DMS & Dealership for all required reports for GST compliance & keep check & reduce the GST Mismatches
- Claims settlement - Ensuring smooth settlement of ATL and BTL event claim and settlement of channel partner's Incentive Claims and Payouts (Billing incentives, Billing Skew,Retail Incentives etc.) Verification & further processing of the same, and maintain MIS & process the same for Credit
- Inventory Management by Managing least aged stock at Regional Stockyard
- Policy adherence at RSO Operations.
Executive - On Roll of M/s. Shubh Labh Entrp.
Mahindra & Mahindra Ltd
Pune
12.2010 - 05.2013
- Channel Partner Claims settlement - Exchange Claims, Excise Duty Refund Claims
- Auditing of Excise claims of channel partner on weekly basis
- Verification & Clearing the Field team reimbursement claims
- Well versed with SAP system for claim settlement, billing, retail and stock management
- Purchase order Acceptance to execution & participating in Tenders of Govt. Dept. as per GDS & D Rate Contract & GeM portal
- Implemented company policies, technical procedures and standards for preserving integrity and security of data, reports, and access.
- Sharing timely MIS with all stake holders & maintaining the confidentiality of the same.
- Achievements:
- Implemented a system for tracking credit limits and Funds utilization for ensuring the Channel Partner's Own equity in Business
- Got Appreciations for Governmental sales coordination
- Substantial reduction in Outstanding with Govt.Depts
- Received appreciations for showing the zeal & enthusiasm in tough times.
Project Coordinator
M/s. Sai Aluminium Enterprises
Pune
06.2008 - 12.2010
- Kept projects on schedule by managing deadlines and adjusting workflows.
- Supervised multiple projects from project start through delivery by prioritizing needs and delegating assignments.
- Accounting and credit control - Invoice to Collection process
- Project material estimates according to the actual site conditions
- Holding meetings with suppliers for negotiation
Education
Company Secretary
ICSI
04.2001 - 04.2011
MBA - Finance
Institute of Management Education
Pune 08.2009 - 05.2011
M. Com. - Accounts
Pune University
Pune 08.2007 - 05.2011
B. Com - Commerce
Brihan Maharashtra College of Commerce
Pune 07.2007 - 05.2009
H.S.C - Commerce
Brihan Maharashtra College of Commerce
Pune 07.2005 - 05.2006
S.S.C -
Bhartiya Vidya Mandir
Hingoli 06.2003 - 05.2004
Skills
Task delegation
Performance improvements
Process and procedure development
Business Development
Cost Control
Commercial Operations
Process Audit
Bank Guarantee
Credit & Risk Management
Timeline
Deputy Manager - Credit & Risk
Mahindra & Mahindra Ltd
08.2022 - Current
Deputy Manager - Commercial
Mahindra & Mahindra Ltd
04.2019 - 08.2022
Asst. Manager - Commercial
Mahindra & Mahindra Ltd
01.2018 - 04.2019
Executive- Commercial
Mahindra & Mahindra Ltd
08.2013 - 12.2017
Executive - On Roll of M/s. Shubh Labh Entrp.
Mahindra & Mahindra Ltd
12.2010 - 05.2013
MBA - Finance
Institute of Management Education
08.2009 - 05.2011
Project Coordinator
M/s. Sai Aluminium Enterprises
06.2008 - 12.2010
M. Com. - Accounts
Pune University
08.2007 - 05.2011
B. Com - Commerce
Brihan Maharashtra College of Commerce
07.2007 - 05.2009
H.S.C - Commerce
Brihan Maharashtra College of Commerce
07.2005 - 05.2006
S.S.C -
Bhartiya Vidya Mandir
06.2003 - 05.2004
Company Secretary
ICSI
04.2001 - 04.2011