Summary
Overview
Work History
Education
Software
Certification
Timeline
Generic

Bijitha Nair

Finance Manager
Mumbai

Summary

Finance Manager with close to 12 years of expertise overseeing transactions, reviewing account balances and reconciling retail control accounts.

Process Migration & Knowledge Management:

· Onsite transition of P2P in 2014, Ledger Posting and Bank and Cash/Stock Reconciliations in 2016 for Europe & UK entities and in 2017 for other accounts of UK entities

· Identifying transformation opportunities after studying As-Is Processes

· Process Improvement through Lean – Value Stream Mapping and structured problem solving through DMAIC

· System Knowledge – SAP, TLM, Blackline, CODA and Dream

· Lean Six Sigma Green Belt Certified

Overview

13
13
years of professional experience
7
7
years of post-secondary education
2
2
Certifications
2
2
Languages

Work History

Finance Manager

Travelex India Pvt. Ltd.
4 2023 - Current
  • Europe Finance Manager, GDC Mumbai. Teams Managed - Reconciliations, Settlements, AP and AR Teams.
  • Successfully optimized resource allocation within organization, thereby achieving significant reduction in 2 FTE.
  • Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
  • Regular achievement of SLAs showcasing ability to effectively manage and coordinate team efforts, resulting in improved operational efficiency and client satisfaction
  • Partnering with Group Policies for open items to support Group with Governance and Controls. And preparing SLA reports for group presentation and aged analysis for Bi-Weekly reviews with Finance Director.
  • To ensure deliverables are prepared to serve project and business requirements - such as working on accounting for products, UAT Testing and BRD development.
  • Developed and documented SOPs to guide team members in executing tasks with precision and consistency, reducing errors and rework.
  • Conducted thorough assessments of existing processes to identify areas for improvement enhancing efficiency and consistency

Finance Team Leader

Travelex India Pvt. Ltd.
04.2021 - 03.2023
  • Part of Global Finance Team and worked as Team Leader of Europe Team
  • Drove finance system migration for Europe Team from GDC (Dream to SAP)
  • Collaborated with cross-functional teams to identify bottlenecks in existing processes and design automated solutions to address them, leading to 40% improvement in overall process efficiency.
  • Team Activities involved:

Reconciliations of Bank statements, credit/debit cards, cash in transit, foreign currency deals, product stock and cash stock.
Settlements - Concessionaire, deals, salaries, rents, treasury settlement and expense claim etc.

Accounts Payable - P2P Invoice processing, vendor reconciliation, payments and expense reimbursement.
Accounts Receivable - Customer reconciliation, payments and invoicing.

Lead Analyst

Travelex India Pvt. Ltd.
05.2019 - 03.2021
  • Europe Reconciliations - End to end reconciliations of Retail sites and lead team of 6 members
  • As part of reconciliations team participated in projects such as product launch, system migration, change of acquirer
  • Lead, trained and monitored performance of team members for maintaining excellence in service operations.

Senior Finance Analyst

Travelex India Pvt. Ltd.
05.2017 - 05.2019

UK Retail & Europe Reconciliations -

  • Reconciliations Lead in UK retail process migration project
  • Transitioned two roles from UK to Mumbai - and trained team on end to end processes
  • Moved to Europe Reconciliations Team leading team of 5 members and to provide expertise of process and to place controls.
  • Part of expert team to implement Blackline tool for month end reconciliations in Finance.
  • Helped prepare process flows to standardize reconciliations process of other entities.

Finance Analyst

Travelex India Pvt. Ltd.
05.2014 - 05.2017

Accounts Payable UK & Reconciliations UK Retail -

  • Pilot batch of Finance team in Travelex, and part of migration team of UK P2P process.
  • Migration of Europe and UK Reconciliations account - Cash in Transit & Foreign Money Dealings. And ATM processes - Chargebacks, daily settlements with acquirers and replenishments
  • Preparing process flow charts and documentation at Due Diligence stage and doing end to end mapping of process flows.

Team Member

JPMorgan Chase
11.2010 - 06.2012

Worked in the capacity of a Team Member in the Corporate Actions Department.

  • Processing payments of Domestic Corporate Action entitlement to clients based on Market and Depository terms.
  • Reconciling Cash and Asset discrepancies on Corporate Actions between JPMC, Depository and other counter-parties.
  • Providing assistance for running tests, preparing test scripts for Technology Team.
  • Participated in re-engineering project – MCA (Maintenance of Corporate Actions)
  • Daily reporting MIS (Weekly/Monthly volumes) & routine work to Management and monitoring inquiries/queries to provide timely response.

Education

PGDM - Finance

IBS Mumbai
Mumbai
06.2012 - 04.2014

Bachelors - Commerce

MKS College of Commerce
Mumbai
07.2007 - 06.2010

HSC Board - Commerce

MKS College of Commerce
Mumbai
07.2005 - 04.2007

SSC Board - Secondary Education

Queen Mary High School
Mumbai
06.2004 - 04.2005

Software

SAP

CODA

Blackline

TLM

Certification

Six Sigma Yellow Belt

Timeline

Finance Team Leader

Travelex India Pvt. Ltd.
04.2021 - 03.2023

Lean Six Sigma Green Belt

11-2019

Lead Analyst

Travelex India Pvt. Ltd.
05.2019 - 03.2021

Senior Finance Analyst

Travelex India Pvt. Ltd.
05.2017 - 05.2019

Six Sigma Yellow Belt

12-2015

Finance Analyst

Travelex India Pvt. Ltd.
05.2014 - 05.2017

PGDM - Finance

IBS Mumbai
06.2012 - 04.2014

Team Member

JPMorgan Chase
11.2010 - 06.2012

Bachelors - Commerce

MKS College of Commerce
07.2007 - 06.2010

HSC Board - Commerce

MKS College of Commerce
07.2005 - 04.2007

SSC Board - Secondary Education

Queen Mary High School
06.2004 - 04.2005

Finance Manager

Travelex India Pvt. Ltd.
4 2023 - Current
Bijitha NairFinance Manager