CA Suhas Belki
Yelhanka, Bangalore
Summary
To work in a healthy, innovative and challenging environment extracting the best out of me, which is conducive to learn and grow at professional as well as personal level thereby directing my future endeavors as an asset to the organization.
Overview
12
12
years of professional experience
Work History
Director of Finance
Vidyashilp Education Group
06.2024 - Current
- Heading the Finance vertical for 5 Schools, 1 College, 1 University & group entities of Vidyashilp Group
- Annual turnover of Group currently at 150+Cr and to touch 200Cr in next two years
- Responsible for entire Finance operations, Audits, Finance processes setup, Internal controls, Policy definition etc
- Coordinating for Income Tax/GST assessments, networking with tax consultants, bankers – for required external support for the entire group
- Handling the Finance Team & directing the team to deliver their objectives
- Strong followup and tracking measures – to get desired results in AR & AP profiles
- Work closely with Senior Leadership & Promoters of the entity to review the financial performance of the entire organisation
- Setting up the Finance team & Finance Operations from scratch for Vidyashilp University
- Responsible for ensuring Statutory Compliances of the entire group
- Responsible for Budgets preparation and variance analysis of actuals to budgets and suggest corrective measures
- Cashflow planning – to ensure smooth business operations and funding for new projects
- Conducting research on new finance initiatives, tax planning of existing and new group entities.
Head of Finance
Vidyashilp Education Group
05.2020 - 05.2024
Finance Manager
Columbia Asia Hospitals
07.2017 - 04.2020
- Play a pivotal role in business partnership environment and lead from front as the Finance Head of the organization
- Budgets to Actuals Variance analysis on Top line, bottom line (EBITDA) numbers and support with concrete analysis to take corrective steps and further improvements
- Build up an effective financial budget/plan and MIS in collaboration with GM, MM, Corporate office and other relevant stakeholders
- Effective Financial controls in sync with Internal financial controls to prevent revenue leaks, collection leaks, getting better negotiations, prevent frauds and help in effective cost control
- Lead the MIS Team for effective reports and analysis to track trends, ratios, balance sheet schedules to top management, Statutory and Internal Auditors to meet business and audit requirements
- Build an effective Finance Payout model and supervise the accounts payable team to ensure timely business related & other payouts and also ensure that the payouts are process compliant
- Ensuring utmost support to the marketing team to get additional business and sustain the same
- Build an effective Collections model to handle credit business and monitor the Accounts Receivable team to ensure control on Debtors, meeting collection targets, resolving bottlenecks of collections, initiating legal documents and actions on receivables struck without valid reasons
- Controlling the SCM team and stakeholders for quality negotiations, margins improvement, inventory management, vendor management, documentation management and surprise complete checks to ensure compliance to protocols set
- Lead the internal audit wing of the organization to daily monitor, check and resolve key revenue leak areas & statutory requirements are met
- Coordinate and followup to implement audit recommendations to improve internal controls
- Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met
- High level of organizational skills and ability to prioritize, handle multiple projects at a time and meet multiple deadlines in a fast paced environment.
Asst. Finance Manager
Columbia Asia Hospitals
11.2014 - 06.2017
Asst. Finance Manager
Vodafone South Ltd.
12.2012 - 10.2014
- Journals, reconciliation, general ledger & sub ledger, analyzing skills, compliance
- GL accounting (IFRS & IGAAP) with respect to provisions for revenues & costs, provision for regulatory costs, monthly accruals, prepayments/deferments, gross-ups and others
- Quality & timeliness of month end revenue reporting – Postpaid, Prepaid, IUC & others
- Application of new revenue reporting and accounting in line with corporate guidelines
- Monthly finalization of books of accounts and preparation of schedule wise MIS reporting
- Capture reasons for month on month variance in revenues and related costs
- Ensure timely input for Cash Flow Statements, and other monthly report to corporate finance
- Coordinate with Credit & Collection team for circle responsible collections of IUC & SMS termination from Government operators
- Ensure monthly provision for bad debts are reviewed and accounted accurately
- Ensure accurate computation and payment of License fee to DOT within due dates
- Ensure preparation and submission of returns, reports and information to be filed with TRAI
- Quarterly submission of AGR deduction on cash and accrual basis & information for assessment
- Preparation of audit schedules and successful completion of statutory audits
- Driving projects, sharing and implementation of best practices.
Education
Chartered Accountant -
ICAI
05-2012
B.Com -
Seshadripuram College
01.2008
Skills
- Senior Leadership
- Investment Analysis
- Stakeholder Management
- Internal Controls
- KPI Tracking
- Business Forecasting
Accomplishments
- Received Award of Excellence from CFO at Columbia Asia Hospitals.
- Awarded “Megastar” award for outstanding performance at Vodafone.
Personal Information
- Date of Birth: 03/27/87
- Marital Status: Married
Languages
- English
- Kannada
- Hindi
References
Available on request.
Disclaimer
I hereby declare that the above written particulars are true and correct to the best of my knowledge and belief.
Timeline
Director of Finance
Vidyashilp Education Group
06.2024 - Current
Head of Finance
Vidyashilp Education Group
05.2020 - 05.2024
Finance Manager
Columbia Asia Hospitals
07.2017 - 04.2020
Asst. Finance Manager
Columbia Asia Hospitals
11.2014 - 06.2017
Asst. Finance Manager
Vodafone South Ltd.
12.2012 - 10.2014
Chartered Accountant -
ICAI
B.Com -
Seshadripuram College
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