Mani M
Finance
Bangalore,KA
Summary
Responsible for End to End P2P accounting process for the group. Managing a team size of 32 members. 38 legal entities across – India, Australia, UK, NL & USA. Cost reporting for the group – Direct cost, Business indirect cost, corporate indirect cost. Monthly Cash flow projections for the group. Closure of schedule requirements for – Statutory Audits (Quarterly), IFC, Internal Audits. Hands on experience of working with ERP’s – SAP, Oracle, MSD & Tally. Managing Operational Statutory compliance – GST, TDS, RCM, International Payments. Implementation of Automation solutions - BOT (Navigo Solutions) & Vendor Portal (VpOT). Balance Sheet cleanup through - Vendor connect project - Vendor Reconciliations, Finance Special project – Supporting for Timely payouts to landlord for opening the Logistic Hubs (Ekart Logistics) & Experience center (EC)
Overview
21
21
years of professional experience
Work History
Associate Director – Accounts Payable Head of Ola Group
ANI Technologies Pvt. Ltd.(OLA Cabs)
Bangalore
12.2015 - Current
- Managing Vendor payments for the group for 38 legal entities
- Monthly processing of 12.3k Invoices for the group.
- Opening of 120 Plus Experiences center (EC) supporting to business team on timely payment to landlords
- Implementation of standard Invoice validation process (2way & 3 way matching) based on the type of Spend – Tech, G&A, Marketing, Manpower, Direct costs etc. Savings of ~ 23 crs for AY 23-24
- Tight control over Open GRN’s, Open PO’s - Publish department wise Dashboard to the stakeholders for timely actions
- Implementation of Oracle Vendor portal for effective communication with vendor & sharing of invoice payment status to them.
- Ensuring payments are made as per the defined SOA (Schedule of Authorities), with in the approved monthly cash flow limits.
- Monitoring team productivity through measurement of Key KPI’s. Per FTE number or invoices validated, payments made etc.
- GST reconciliation with GSTR reports, ensuring there is no loss of ITC. Communication with vendor to file the GSTR. Holding subsequent vendor payments till the filings are done. Saved ~ 4.2 crs for the group for FY-21-22.
- Specific monitoring of MSME vendors to ensure timely payments & compliance.
- AP TB – GL TB reconciliation
- Balance sheet cleanup ~41 crs for as on FY 21-22. Through vendor reconciliations & NDC process.
- Employee Reimbursement – Timely payment to employee through SAP S/4 HANA Concur ensuring without escalation and policy violation.
- Cost Reporting
- Monthly compilation of provisions from various teams & through Open GRN & Open PO’s.
- Actualization of provisions post booking of actual expenses.
- Monthly closure of AP books by LCD (Last calendar day)
- Business wise, department wise reporting of cost to the business leaders & Management
- Stakeholder Management
- Audit – Closure of schedules for Audit & IFC by 8th of the closure of the Quarter.
- Treasury – Submission of Capex details to the treasury team for insurance compliances.
- FP&A – Submission of monthly cash flow requirements to the FP&A team. Achieved accuracy of 96% (total monthly Vendor payments of ~ 200 crs)
- Taxation – Submission of TDS & GST data to the teams for their filing & reconciliations.
- Procurement – Sharing historical & analytical data on costs for their decision making on contract negotiations & renewals.
- Vendors – regular connect with the vendors to ensure reconciliations & timely payments
Asst Manager – Pan India Payable
Flipkart Internet Pvt Ltd
Bangalore
11.2011 - 12.2015
- Support in term of Oracle Implementation including migration two-years from tally data in to oracle. Payments to 315 plus Logistic Hub Rent & Utility payments.
- Streamline day to day operations for all the location. P2P Process for Category & non Category vendor payments.
- (Known as Flipkat.com)
Senior Accounts Executive
Total Jubilant Retail
Bangalore
05.2009 - 11.2011
- Vendor Reconciliation & Balances Confirmation from Vendor
- Interacting with Vendor for payment clarification.
- Receiving TDS Certificates Form Vendors Quarterly Basis
- TDS receivable Reconciliation NSDL with Baan Statement
- Preparing Service Tax Invoice
- Gift Card Reconciliation
- Gift Voucher Reconciliation
- Debtors and Creditors Reconciliation
- Bank Reconciliation
- (Enpro Oil Pvt Ltd)
Accounts Audit Executive
Venu & Vinay Chartered Accountant
12.2006 - 04.2009
- Handling below mentioned Client Accounts:
- Total (Jubilant Retail Enpro Oil Pvt Ltd)
- Aditya Comforts Hotel
- Bescom (KTPO)
- Max Hyper Market India Pvt Ltd (SPAR)
- Janalakshmi Financial Services
- Accountability:
- Vendor Reconciliation, TDS Reconciliation
- Bank Reconciliation Statement
- Preparation of Cash Flow /Salary Statement
- Preparation in Income tax & Service tax monthly returns
- Handling of Petty Cash
- Internal Auditing, Preparing Sales Tax and Service Tax Statement
- Auditing of Daily Sales of Clients
Accounts Executive
Silicon Information Technologies-Zenith Computers
03.2005 - 11.2006
Education
Executive MBA - Finance
National Virtual University for Peace and Education
01-2007
B.com - undefined
Anna University
Chennai01-2002
Skills
ERP’s – Oracle, SAP, MSD, Tally, MS suite (Excel, Word, PPT, Google sheets etc)
Hyperion
Interests
Hobbies – Reading Books & Travelling
Timeline
Associate Director – Accounts Payable Head of Ola Group
ANI Technologies Pvt. Ltd.(OLA Cabs)
12.2015 - Current
Asst Manager – Pan India Payable
Flipkart Internet Pvt Ltd
11.2011 - 12.2015
Senior Accounts Executive
Total Jubilant Retail
05.2009 - 11.2011
Accounts Audit Executive
Venu & Vinay Chartered Accountant
12.2006 - 04.2009
Accounts Executive
Silicon Information Technologies-Zenith Computers
03.2005 - 11.2006
B.com - undefined
Anna University
Executive MBA - Finance
National Virtual University for Peace and Education