Lokesh Kumar
Finance and Supply Chain Management
MUMBAI,Maharashtra
Summary
Forward-thinking finance manager with 13 years of experience and Supply chain and Operation leader with extensive experience in creating strategies and leading execution of supply chain activites which implementing high-impact growth, robust internal controls, efficient reporting systems, cost analysis, and decision support. Consistently reduced costs and expenses by 10% annually. Skilled in navigating organizations through strategic ambiguity to achieve clarity and integrity. Trusted for providing business controls, costing, and strategies to track year-over-year performance.
Overview
13
13
years of professional experience
4
4
Certifications
Work History
SCM Head
Casamia Building Material Trading Private Limited
01.2024 - Current
- Enhanced customer satisfaction by ensuring accurate order fulfillment and timely deliveries through diligent monitoring of orders and shipments.
- Streamlined supply chain operations by implementing efficient inventory management systems.
- Improved production planning processes to ensure timely availability of raw materials and components.
- Optimized warehouse layout, improving storage capacity and reducing order processing time.
- Managed vendor relations, negotiating favorable contracts resulting in reduced costs and improved service levels.
- Collaborated with finance teams to develop annual budgets for supply chain operations, monitoring expenses closely to ensure adherence to financial objectives.
- Implemented lean principles to eliminate waste and improve overall efficiency within the supply chain operations.
- Improved, standardized and documented planning and scheduling processes.
- Established process and implementation for Design and Build projects, each project values on an above of 20cr.
Senior Finance Manager
Singularity Furniture Private Limited
1 2020 - 12.2023
- Preparing of Financial Budgets for control asper the operational ABP and identifying leakages in margins and plugging gaps to achieve targeted CM1 from 19% to 30% to 45%
- Aligning a zero default plan for stat compliances; NIL payment of interest and penalties
- Zero based budgeting for Opex and Admin – Bring the cost efficiency of 20% in a Financial year
- Preparing Monthly and Weekly Cash Flow Plan to meet out the Operational activities smoothly
- Preparing P2P analysis to control the Production, Procurement, Liability and Company Level Margin
- Quarterly closing the financials and circulation of information for Board meetings
- Establish Policy for roll out of Legal agreements / Rental agreements and MoUs to be in place with 80% adherence to TAT
- Negotiating with vendors to provide the support in Supply Chain Management and monthly cash flow
- 100% Compliance to all statutory norms; GST, TDS and Import
- Overseeing all financial, project/program and grants accounting; ensuring that expenditures are consistently aligned with grant and program budgets throughout the grant/fund period;
- Build the SLAs of various processes for the departments work process control and their smooth transition from unstructured to structured
- Managing and attending the legal cases of consumer court and civil court
Manager Accounts
WFX World Fashion Exchange
06.2016 - 12.2019
- Company Overview: Customized ERP solution provider in Fashion Industry
- Topline improvement plan gross revenue Increased by 5% in each month compared to last years numbers without any new store addition
- Monthly Cash flow plan to be prepared for control the collectibles and payouts
- 100% compliance to all statutory norms; no recurrence of earlier compliances gaps
- Create SLAs of various processes to smoothen the operational activities
- Coordinating all audit activity
- Supporting the CFO in engaging the board's audit and finance committees around issues and trends in financial operating models and delivery
- Handling Internal and External escalation by providing the resolution and fixing the process gaps
- Negotiated with vendors on their commercial terms and conditions like; Quality, Delivery, Pricing and Credit Period
- Prepared Weekly cash flow statement – Inflows and Outflows
- Customized ERP solution provider in Fashion Industry
Senior Accountant
Global Infonet Distribution Private Limited
11.2015 - 06.2016
- Company Overview: Global Infonet Distribution Pvt
- Ltd
- Specialises in information technology and services
- Products are Dell, Microsoft, SAP, Lenovo, WD, Xerox
- Managing Indirect Tax Returns of 28 Branches across the country
- Completed the pending statutory compliances of all branches within 4 months which was pending from last 3 years VAT and CST cases
- Responsible for Indirect compliance GAPs
- Provided support to CFO in engaging the board audit and pending compliance matters
- Maintaining and reconciliation of the indirect compliance time to time
- Global Infonet Distribution Pvt
- Ltd
- Specialises in information technology and services
- Products are Dell, Microsoft, SAP, Lenovo, WD, Xerox
Account Executive
K R PULP & PAPERS
04.2015 - 11.2015
- Company Overview: India's leading manufacturers of eco-friendly paper enriched with the expertise and experience of around two decades in making paper from non conventional raw material
- Preparing the collectible reports and ensuring the monthly targeted collection to be adhered
- Customer FAQ about their financial queries of Tax Invoices, Ledger statement and compliance issues
- India's leading manufacturers of eco-friendly paper enriched with the expertise and experience of around two decades in making paper from non conventional raw material
Accountant
Vikas Enterprises
01.2012 - 04.2015
- Collation, Consolidation and Parking of all kind of bills in Busy Account Software
- Document management with regards to Purchase Ledger, Expenses Ledger and Fixed Asset Ledger
- Preparation of Purchase / Expenses ledger payment report
- Preparation of Accounts Receivable and Payable ageing report
- Maintaining Vendor reconciliations / Bank reconciliations
- Preparing Statutory working – VAT, CST, TDS – making timely payments and filing of returns
- Ensuring accuracy in bookkeeping in line with organizational needs
- Preparing and analyzing various MIS Reports – Monthly, Quarterly, Yearly and ensuring timely reporting
- Maintain project-related records, including Customer signed contracts and change orders
- Vendor Management, including Commercial terms, vendor contract, vendor reconciliation and Vendor Relationship
Education
ICWAI - Intermediate - Pursuing
ICWAI
B.Com - undefined
University of Delhi
North Delhi, DelhiHigh School - Commerce
C.B.S.C Board
Skills
Budgeting, Forecasting, Compliance, Process, MIS, AP, AR, Negotiation, Control, Analysis, Import, SCM, Inventory, Legal, Escalation, Reconciliation, Cost Analysis, Reviewing, Business Growth, ERP systems proficiency, Commercial Terms, Warehouse Management, Transportation Management, Operations Management, Supplier Relationship Management
Certification
SAP FIFO S4HANA, Completed Finance Module Course, Henry Harvin Education, Mumbai, Maharashtra
Projects
Casamia Residential Projects, 2024
Working on 4 residential projects with value of 100+ cr and delivered within 5 months.
Arrivae – Experience Centre, 2022
8 New stores launched, budgeting, project scheduling and Final handover of the project without upward escalation in the approved budget.
WFX – Modspace.IN, 2018,
Revenue growth plan for next 36 months. Cash Flow Plan for next 12 Months. Margin Improvement Plan for CM1 from 25% to 50%. Fulfilling the compliance & audit requirements.
WFX – TROVEA (e-Commerce), 2016,
It was great experience while preparing 3 Years of balance sheet within 3 months and Identifying the leakages in procurement, inventory, client refunds, delivering, return pickups and yearly MIS loss analysis.
Planned & Created Control Roadmap
from 0 to 100 across the departments.
Communicated process updates
to over 800 vendors in 15 Cities and 350 Employees.
Locations
- Current, Mumbai, Mumbai, Maharashtra, 400066
- Permanent, Delhi, Delhi, Delhi, 110006
Timeline
SCM Head
Casamia Building Material Trading Private Limited
01.2024 - Current
Manager Accounts
WFX World Fashion Exchange
06.2016 - 12.2019
Senior Accountant
Global Infonet Distribution Private Limited
11.2015 - 06.2016
Account Executive
K R PULP & PAPERS
04.2015 - 11.2015
Accountant
Vikas Enterprises
01.2012 - 04.2015
Senior Finance Manager
Singularity Furniture Private Limited
1 2020 - 12.2023
ICWAI - Intermediate - Pursuing
ICWAI
B.Com - undefined
University of Delhi
High School - Commerce
C.B.S.C Board
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