Barun Nandi
Ludhiana
Summary
Skilled Commercial Finance Manager with experience in financial planning, business strategy formulation, and risk management. Strong analytical skills paired with leadership capabilities have driven success in past roles, resulting in improved financial performance and operational efficiency. Adept at navigating complex commercial environments while maintaining focus on fiscal responsibility and sustainable growth.
Overview
14
14
years of professional experience
Work History
Regional Commercial Finance Manager_N2 (HOD)
Bimbo Bakers India PVT LTD
Ludhiana
05.2025 - Current
- Responsible for book closures, preparing and presenting of monthly P&L variances to assess plant profitability and identify cost-saving opportunities.
- Forecasting bi-monthly profitability using sales and cost trends, improving the accuracy of financial planning.
- Evaluating and reporting profitability by product, channel, and route, enabling cost optimization, pricing strategy, and SKU rationalization.
- Managing product pricing and trade schemes, ensuring competitiveness and profitability across markets.
- Performing channel-wise receivables age analysis at RSM/ZSM level, recommending effective collection strategies for overdue accounts.
- lead Accounts Receivable operations, including daily collections, customer code creation, data hygiene, reconciliations, and dispute management.
- Lead Accounts Payable operations, covering daily vendor payments (P2P cycle, employee reimbursements, engineering procurement, capex, transporter etc,), vendor management, reconciliations, and query resolution.
- Ensuring accuracy and timeliness of TDS and GST compliance, maintaining adherence to statutory regulations.
- Leading inventory physical verification, FA Verification and handling inventory audits, statutory audits, and internal audits.
Manager Factory Accounts (HOD)
Berger Paints India Limited
Lucknow
05.2023 - 04.2025
- Responsible for monthly book closure and accurate provision reporting.
- Ensuring batch cost accuracy and reporting plant KPIs, including batch yield, usage variance analysis, SFC, SPC, productivity and product-level CPL reporting, with proper service cost allocation.
- Ensuring GST and TDS compliance.
- Lead the Accounts Payable team, fund planning and managing payments for RM, PM, QC, engineering, manpower, safety, transport, electricity, power & fuel, etc.
- Leading plant-level negotiations with cross-functional teams.
- Managing scrap disposal through e-auction platforms.
- Capex handling, preparing quarterly capitalization proposals, and capital commitment.
- Lead inventory and fixed asset verification, and managing IFC, internal audit, cost audit, and statutory audit.
Manager Finance and Accounts (HOD)
Balmer Lawrie and Co Limited
Silvassa
05.2022 - 04.2023
- Responsible for monthly book closure and accurate provisioning.
- Lead Accounts Payable operations, ensuring timely vendor payments.
- Lead Accounts Receivable process, overseeing credit management, scheme management (MTI, QTI, YTI), age analysis, and developing collection strategies.
- Responsible for GST and TDS compliance, including return preparation and filing for GL and IP divisions.
- Managing periodic verification of inventory, conduct fixed asset verification, and handle internal and statutory audits.
- Preparing and presenting reports and dashboards providing key performance metrics and operational insights.
Finance Superintendent
ITC Limited
Bangalore II Guwahati II Kolkata
04.2014 - 03.2022
- Performing financial analysis, GL analysis, and cost control to support profitability and operational efficiency.
- Preparing monthly MIS reports, dashboards, and KPIs to provide insights for management decision-making.
- Participating in annual budgeting and forecasting, offering inputs on cost trends and projections.
- Managing daily banking operations and receivable forecasting to ensure liquidity and working capital efficiency.
- Overseeing delivery operations for general trade, modern trade, direct factory movement, and lean delivery models across Pan-India.
- Lead payable management, ensuring quarterly balance reconciliation and timely vendor settlements.
- Lead receivable management, including age analysis, collection strategy, and yearly write-off proposals.
- Processing freight bills (primary, secondary, and C&F operations) amounting to ~₹30 Cr per month across eastern districts.
- Ensuring GST computation and compliance, confirming accuracy of return filings and statutory controls.
- Achieving cost savings through logistics optimization strategies (Load Drop, TIT, and non-placement monitoring).
- Managing trade schemes, including processing scheme-related expenses and reconciliations.
- Handling internal, statutory, and IFC audits, and conducted quarterly cross-branch SOP audits with improvement recommendations.
- Conducting monthly surprise audits/visits at warehouses, distributors, retailers, and KA points to ensure service quality.
- Managing inventory and D&D, including quarterly flush-off proposals.
- Implemented TRANSPORTAL system, an online portal for transporters enabling automated, faster payments and live vendor ledger reconciliation.
Junior Officer Accounts
Tide Water Oil Company India Limited
New Delhi
03.2012 - 02.2014
- Responsible for accounts receivable by timely accounting in SAP, performing age analysis, reconciling customer accounts, and resolving customer queries.
- Responsible for accounts payable by recording payment vouchers in SAP and processing payments through NEFT and cheques.
- Reconciling vendor accounts and resolve vendor queries promptly.
- Compute TDS and ensure accurate return filing in compliance with statutory requirements.
- Preparation of BRS.
- Handling audit-related queries concerning AR and AP management.
Education
ACMA (AIR 102- Final) - Finance And Accounts (CMA)
Institute of Cost Accountants of India (ICWAI)
Kolkata12-2010
B.COM (Hons) - Finance And Accounting, 57.33%
University of Calcutta
Srerampore College06-2008
Higher Secondary, 68.6% - Commerce
West Bengal Council of Higher Secondary Education
Kolkata05-2005
Madhyamik (67.86%) - Overall
West Bengal Board of Secondary Education
Kolkata04-2005
Skills
- Financial analysis
- P&L management
- Cost optimization
- Compliance management
- Inventory management
- Profit forecasting
- Lead AP and AR process
- Advance excel and Dashboards
Languages
Bengali
First Language
English
Advanced (C1)
C1
Hindi
Upper Intermediate (B2)
B2
Declaration:
- I hereby declare that the above-written particulars are true to the best of my knowledge and belief.
Timeline
Regional Commercial Finance Manager_N2 (HOD)
Bimbo Bakers India PVT LTD
05.2025 - Current
Manager Factory Accounts (HOD)
Berger Paints India Limited
05.2023 - 04.2025
Manager Finance and Accounts (HOD)
Balmer Lawrie and Co Limited
05.2022 - 04.2023
Finance Superintendent
ITC Limited
04.2014 - 03.2022
Junior Officer Accounts
Tide Water Oil Company India Limited
03.2012 - 02.2014
ACMA (AIR 102- Final) - Finance And Accounts (CMA)
Institute of Cost Accountants of India (ICWAI)
B.COM (Hons) - Finance And Accounting, 57.33%
University of Calcutta
Higher Secondary, 68.6% - Commerce
West Bengal Council of Higher Secondary Education
Madhyamik (67.86%) - Overall
West Bengal Board of Secondary Education