BIBIS BIJU
Bengaluru
Summary
Experienced Accounts professional with 8 years of expertise, including 3 years in people management. Proven ability to streamline processes through automation, optimize vendor reconciliation, and manage large-scale vendor accounts, achieving high accuracy and efficiency. Skilled in month-end and year-end activities, variance analysis, fund forecasting, and ensuring compliance with audits such as SOX, internal, and anti-corruption.
Proficient in Microsoft 365, Power BI, and AI tools, I leverage technology to enhance reporting, reduce manual effort, and drive operational improvements. A capable leader, I excel in mentoring and motivating teams, fostering growth, and aligning operations with organizational goals. With a focus on continuous improvement, I deliver impactful results and drive sustainable success.
Overview
9
9
years of professional experience
Work History
Manager
Myntra Jabong India Pvt Ltd
04.2024 - Current
- Prepared the monthly productivity report using Power BI, presenting key performance insights to management.
- Ensured all banking-related entries were closed within a 2-day TAT, achieving 99% accuracy, which significantly supported the BRS team.
- Verified the accuracy of Forex A1 and A2 payments before approval to ensure correct payment initiation.
- Conducted Power BI and Power Query training sessions for the team, fostering individual career growth and enhancing technical skills.
- Developed Power Query solutions to efficiently gather return DN information from multiple files, ensuring accurate data consolidation and streamlined reporting.
- Led a team of 8 members in Flipkart reconciliation, managing the reconciliation process for 1,700 vendors.
- Identified the scope of reconciliation processes and played a key role in hiring resources to support operational needs.
- Managed monthly fund forecasting, ensuring alignment of numbers with the treasury team for smooth financial planning.
Associate
Myntra Jabong India Pvt Ltd
03.2022 - 03.2024
- Handled SOX and internal audits with zero adherence issues, ensuring timely provision of required details.
- Reconciled accounts for over 120 vendors independently, achieving a 98% clean signoff for FY 2022–23.
- Managed additional reconciliation for 700+ tail vendors in the OR model and 600+ vendors in the MP model, issuing BCL letters as required.
- Shared quarterly TDS certificates with vendors efficiently using macros.
- Led a team of 15 members in reconciliation and DN/CN collection, and reduced the Provision month by month by collecting the CN from vendors.
- Provided training to the team and supported the achievement of SOX targets in reconciliation.
- Streamlined the reconciliation process by creating a standardized format for reconciliation summaries.
- Took ownership of the complete payment process, including CAT, non-CAT, and statutory payments.
- Automated payment processes, reducing daily processing time from 4–5 hours to 30–45 minutes.
- Coordinated with third-party vendor(Credable) to ensure SCF payments were closed within stipulated timelines.
- Ensured timely closure of BRS and eliminated pendency during MEC (Month-End Closing).
- Prepared detailed decks on reconciliation processes for management review.
- Developed a Power BI presentation for the royalty process, enabling teams to track due details by aging and entity level.
- Proposed and implemented tool enhancements that allowed the reconciliation team to generate SKU-wise details within 10 minutes, significantly reducing dependency on other stakeholders and streamlining data handling.
Account Executive - Myntra Jabong India Pvt Ltd
Aston Carter
02.2019 - 03.2022
- Collaborated with the client Myntra Jabong Trade, ensuring all requirements were fulfilled within the stipulated timelines.
- Led the Accounts Payable team, maintaining TAT (Turnaround Time) and operational efficiency.
- Executed invoice validation, data entry, 3-way matching, and accounting processes with zero discrepancies.
- Managed the Oracle migration process, conducted testing, and ensured accurate reporting and data reflection.
- Achieved prompt SCF invoice bookings within 2–3 days (well ahead of the 7-day timeline) and ensured payments were released within 7 days of GRN.
- Contributed to process automation for the IPT process by preparing BRDs, proposing process improvement ideas, and conducting tests to meet requirements for IAT processes and reporting.
- Successfully reduced manpower effort through automation, cutting invoice booking time from 10 minutes to 2 minutes per invoice.
- Managed the processes of MP-JIT (Just-in-Time), SOR (Sale or Return), and OR (Order Return), along with import accounting
Account Executive
NVS Travel Solutions Pvt Ltd
12.2017 - 01.2019
- Issued invoices to clients on time and ensured prompt collection of payments.
- Managed end-to-end accounting processes, ensuring accuracy and compliance with financial standards.
- Coordinated salary disbursement, including preparing and issuing salary slips.
- Prepared payment calculations for outsourced drivers based on fleet sheets.
- Handled the onboarding process for new hires, ensuring a seamless integration into the organization.
- Ensured timely payments to vendors, maintaining strong business relationships.
- Collaborated with auditors by providing required data and documentation promptly.
Account Executive
Capital Steels
04.2016 - 09.2017
- Managed multiple accounts simultaneously while maintaining organization and prioritizing tasks efficiently.
- Managed accounts receivable processes, including issuing invoices and ensuring timely collection of payments as per due dates.
- Oversaw accounts payable operations by recording purchase entries and ensuring timely vendor payments.
- Conducted reconciliation between purchase and sales records to verify invoice accuracy and ensure all customer invoices were issued in alignment with C&F business requirements.
- Handled banking transactions, including deposits, withdrawals, and account maintenance activities.
- Managed end-to-end accounting for the company’s C&F business operations, including its transport division, ensuring accurate financial reporting and compliance.
Education
MBA -
Bharathiyar University
Coimbatore, India06-2020
B.Com -
M G University
Kottayam, India03-2016
Accomplishments
- Led successful automation initiatives, including P2P tool implementation, reducing task times significantly and receiving the Group Award in 2021 for the achievement.
- Achieved vendor reconciliation clean signoff within six months, meeting SOX targets, and earning the Group Award in 2022 and 2024.
- Received multiple accolades, including Spot Awards in 2022 and 2024, and the Make It Happen Award in 2023 for automating the payment process.
- Reduced provisions by ₹300+ CR and streamlined reconciliation processes for over 1,200 vendors, achieving a 96% clean signoff rate.
- Recognized with appreciation emails from clients and management for outstanding leadership, efficiency, and team performance.
Languages
English
Malayalam
kannada
Timeline
Manager
Myntra Jabong India Pvt Ltd
04.2024 - Current
Associate
Myntra Jabong India Pvt Ltd
03.2022 - 03.2024
Account Executive - Myntra Jabong India Pvt Ltd
Aston Carter
02.2019 - 03.2022
Account Executive
NVS Travel Solutions Pvt Ltd
12.2017 - 01.2019
Account Executive
Capital Steels
04.2016 - 09.2017
MBA -
Bharathiyar University
B.Com -
M G University
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