CA Payal SIROHIYA
Mumbai
Summary
Goal-oriented and performance-driven Chartered Accountant with over six years of experience in global credit underwriting, financial risk analysis, and accounts receivable portfolio management. Proven success in managing high-value portfolios across geographies (India, Egypt, Bangladesh), working with cross-functional teams, and ensuring compliance with global credit policies. Adept at remote collaboration, international reporting, and proficient in ERP tools such as SAP and Celonis, I am actively seeking remote opportunities worldwide, including the U.S., U.K., and U.A.E.
Overview
10
10
years of professional experience
1
1
Certification
Work History
Credit Analyst
Basell Polyolefins India Private Limited
Mumbai
07.2024 - Current
- Company Profile - LyondellBasell is a top-tier global chemical company, headquartered in the Netherlands, with operations across the U.S., Europe, and Asia. It holds a market cap of $18 billion with an annual revenue of $40 billion.
- Evaluated the creditworthiness of customers across Bangladesh, Egypt, and the Indian subcontinent for $650M in global sales exposure.
- Monitored the global AR portfolio, ensured credit KPI compliance, and achieved zero bad debt within the set annual targets.
- Reviewed high-risk accounts, and recommended credit limit adjustments and mitigation actions.
- Provided advisory on LC clauses, managed SBLCs, LC discounting, and international factoring.
- Prepared monthly DSO, overdue, and receivable reports for the global credit team.
- Handled SAP and Celonis for credit master management and portfolio reporting.
- Liaised with global banks and stakeholders for LC tracers and overdue resolution, and connected with central banks for necessary support in case of global economic conditions.
- Delivered credit training to cross-functional remote teams to enhance their understanding of credit aspects.
- Prepared and reviewed daily and weekly overdue/outstanding reports to get an overview of the total receivable balance from the customer and take appropriate actions in case of delays in payments, along with negotiations on the terms of payment on overdue accounts.
Senior Credit Manager
Kotak Mahindra Bank Limited
Mumbai
10.2021 - 06.2025
- Company Profile: One of the leading private sector banks in India.
- Credit appraisal of working capital (fund-based and non-fund-based) and term loan exposure for CVDF, infrastructure, logistics, and warehousing segments (average ticket size of Rs. 100-250 crs with no maximum ceiling on exposure).
- Underwriting proposals based on in-depth financial analysis, including ratio analysis, variance analysis, peer analysis, etc. with an overview of industry, client's business model and to identify risk along with mitigates, if any.
- Assign ratings to new proposals, conduct annual re-ratings of assets on the books, and periodic site visits.
- Assist with the development of technological solutions to improve existing processes and overall portfolio management functions.
- Conducting preliminary due diligence, verifying internal and external credit ratings, and 360-degree feedback as per the operating guidelines of the bank.
- Approve sanction letters and internal conditions prepared by credit managers.
Assistant Relationship Manager – Corporate Banking
ICICI Bank Limited
Mumbai
05.2019 - 10.2021
- Serviced existing clients for credit limit sanctions, renewals, and asset quality reviews.
- Acquired new clients requiring credit facilities including term loans and working capital.
- Increased bank income by identifying cross-selling opportunities for digital, treasury, and insurance products.
- Coordinated with support groups to address client requirements effectively.
- Managed relationships with media, entertainment, IT, and fintech companies.
- Enhanced client satisfaction through timely approvals and comprehensive support.
- Strengthened market position by expanding client base in diverse industries.
- Delivered tailored financial solutions to meet unique client needs.
Article Assistant
N.K. Dafria & Company
Indore
04.2015 - 04.2018
- Managed statutory and internal audits for public and private companies across multiple industries.
- Handled direct and indirect taxation assessments for listed entities, ensuring compliance.
- Prepared CMA reports to facilitate bank loan applications for clients.
- Led a team of 10 members, including executives and articled assistants, to achieve project objectives.
- Executed migration and implementation of GST, streamlining tax processes for corporates.
- Filed monthly, quarterly, and annual GST returns for both corporate and non-corporate clients.
Education
Chartered Accountant - Commerce
Institute of Chartered Accountants of India (ICAI)
New Delhi11-2018
Bachelor of Commerce - Commerce
MLSU University
Udaipur03-2016
Skills
- Credit analysis and global credit risk evaluation
- Financial statement and ratio analysis
- Accounts receivable monitoring
- ERP systems: SAP, Celonis, Salesforce, Tally
- Cross-functional collaboration
- Remote and multicultural teaming
- Portfolio management and cash flow analysis
- KPI reporting and DSO tracking
- Regulatory compliance and policy adherence
- Leadership skills
- Data analysis expertise
- Risk management strategies
Certification
- Copilot Microsoft 365 (Copilot AI, Excel, Word, PowerPoint) by Udemy
- Attended and was certified for the AI Tools Workshop by Be10X
- Fundamentals of credit by the Chartered Financial Institute
- Reading financial statements by the Chartered Financial Institute
- Accounting fundamentals by the Chartered Financial Institute
Languages
Hindi
First Language
English
Proficient (C2)
C2
Accomplishments
- Awarded by the Rajasthan government for securing 4th rank in district merit in HSC examination
- Awarded scholarships by the Girls Education Foundation, Jaipur, Rajasthan (Gargi Award), for excellent performance in SSC and HSC examinations
- I represented my school in district-level handball and badminton competitions
- Secured Rank with Scholarship in District Level Commerce Olympiad organized by private coaching institute.
Timeline
Credit Analyst
Basell Polyolefins India Private Limited
07.2024 - Current
Senior Credit Manager
Kotak Mahindra Bank Limited
10.2021 - 06.2025
Assistant Relationship Manager – Corporate Banking
ICICI Bank Limited
05.2019 - 10.2021
Article Assistant
N.K. Dafria & Company
04.2015 - 04.2018
Chartered Accountant - Commerce
Institute of Chartered Accountants of India (ICAI)
Bachelor of Commerce - Commerce
MLSU University
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