Summary
Overview
Work History
Education
Skills
Timeline
Socialobjective
Distinctivefeatures
Publications
Social Contribution
Distinctive Features
Publications
Generic
Mary Priya Michael

Mary Priya Michael

Chartered Accountant
Bangalore

Summary

~ Driven and ambitious finance professional with a strong background in Business Finance.

~ Committed to contributing to the profitability and goodwill of businesses through policy building and strategic planning.

~ Skilled in decision-making, problem-solving, and effectively handling uncertainty.

~ Proven ability to implement innovative strategies that drive revenue growth.

~ Committed to taking on projects that enhance overall business functionality, resulting in increased revenue and profitability.

Social Objective

~ To be associated with NGO projects ~ which would cater to education in and outside India giving Children the Right to Knowledge and grow up as self-reliant individuals.

~ To promote financial freedom ~ which enable an individual to focus on their Ikigai to live a purpose-driven and contended life

~ Conscious Parenting ~ which helps a child to explore one’s potential and be and become the true self, beyond the compulsions of a competitive world.

Overview

11
11
years of professional experience

Work History

Head of Finance

Pepe Jeans Innerfashion Private Limited
7 2022 - 5 2024
  • Strengthened and strategically elevated the financial standing of the start up in terms of cash generating platforms and revamped the accounting inconsistencies in line with statutory compliance
  • Overall monitoring and owned outcomes of Budgeting & P&L, Statutory Compliance, Accounting, Commercials, Reconciliation & Cashflow
  • Key Achievements: Designed True market place business model platform-wise and ensured profitability of B2C model
  • Ensured statutory compliance - cleared all pending IT notices, statutory dues of PT, PF and TDS of prior years since start-up of the company
  • Controlled significant CAC expenses
  • 50% of the usual spend reduced with increased sales
  • Cost efficiency in terms of operational expenses
  • Have ensured ITC refund to enable cashflow.

CA Practice / Stock Investment / Book Publishing

Self Employment
09.2020 - 06.2022
  • In-depth knowledge of the Equity stock exchange.
  • Experienced with managing diversified portfolios.
  • Assisted a factory start up in terms of Budgeting, P&L & capital & revenue investing decisions.
  • Filing of Returns for Salaried employees.
  • Published my first Children's book in collaboration with Giuseppe Siniscalchi, an Italian Artist. The Online book release was inaugurated by Aarti C. Rajaratnam leading Psychologist and Author.

Deputy Director – Business Finance

Myntra Jabong India Private Limited
12.2019 - 08.2020
  • Focused on providing strategic financial guidance to the concepts/categories to achieve the sell thru, budgeted margins, revenue assurance, brand profitability, working capital and maintain inventory
  • Created Standard Operating Policies, strategic plans & managed budgets as per defined norms
  • Managed the overall Concept Finance, Vendor Management (Private and External Brands) & Inventory Control


Key Achievements:

  • Automation of Open to Buy (OTB) process which enables system control which has direct impact on inventory and revenue
  • Vendor Evaluation Project - which at defined intervals evaluates the performance of the vendors. This helps to identify performing vendors and in discontinuation of non-performing vendors
  • Instrumental in implementation of Supply Chain Financing (SCF) which has positive impact on working capital
  • Benchmarking of Margin for vendors (Existing & new vendors) – including launching of new categories with minimum lead time during lockdown which was relevant to attract more market share.
  • Collaborated with other department heads to ensure smooth functioning of organizational activities.
  • Managed budgets and financial resources effectively, optimizing resource allocation for maximum impact.

Senior Manager - Concept Finance for Ladies & Kids Concepts

Lifestyle International Private Limited
03.2011 - 11.2019
  • Provided strategic financial guidance to the concepts/categories to achieve the sell thru, budgeted margins, revenue assurance, brand profitability, working capital and maintain inventory
  • Created Standard Operating Policies, strategic plans & managed budgets as per defined norms
  • Overall managed Concept Finance, Vendor Management (Private and External Brands) & Inventory Control
  • Held monthly meetings to create business plans and workshops to drive successful business.
  • Provided strong leadership to enhance team productivity and morale.
  • Led cross-functional teams to achieve project milestones and deliver high-quality results.
  • Established strong relationships with clients and stakeholders, ensuring long-term partnerships and repeat business.

Key Achievements:

  • Automation of Open to Buy (OTB) process which enables system control which has direct impact on inventory and revenue
  • Vendor Evaluation Project - which at defined intervals evaluates the performance of the vendors. This helps to identify performing vendors and in discontinuation of non-performing vendors.
  • Implemented and developed operational standards, policies and procedures.

Education

~

Skills

Excellent Communication skills with fluency and accuracy

Timeline

CA Practice / Stock Investment / Book Publishing

Self Employment
09.2020 - 06.2022

Deputy Director – Business Finance

Myntra Jabong India Private Limited
12.2019 - 08.2020

Senior Manager - Concept Finance for Ladies & Kids Concepts

Lifestyle International Private Limited
03.2011 - 11.2019

Head of Finance

Pepe Jeans Innerfashion Private Limited
7 2022 - 5 2024

~

Socialobjective

  • To be associated with NGO projects ~ which would cater to education in and outside India giving Children the Right to Knowledge and grow up as self-reliant individuals.
  • To promote financial freedom ~ which enable an individual to focus on their Ikigai to live a purpose-driven and contended life
  • Conscious Parenting ~ which helps a child to explore one’s potential and be and become the true self, beyond the compulsions of a competitive world.

Distinctivefeatures

  • Awarded Distinguished Alumni Award by Alma Mater Jamal Mohamed College on its Women’s Silver Jubilee Celebration – 2024
  • Secured First place at District Level in Indirect Taxes & Information Technology in CA Final examination -2011
  • Won the Branch Level Elocution Contest four times consecutively from 2006-2009, conducted by the Institute of Chartered Accountants of India (ICAI), Trichy Branch.
  • Won the Regional Level Elocution Contest thrice consecutively from 2006-2008, conducted by the Institute of Chartered Accountants of India (ICAI), Chennai.
  • Only Southern Regional participant to have won the III prize at the National Level – ALL INDIA ELOCUTION CONTEST in the 2007, conducted by the Institute of Chartered Accountants of India (ICAI), Jaipur.
  • Interested in Creative Writing and the poem ‘SAIL THROUGH’ was published in CA Newsletter in December 2008 and 2 others in Creative Writing anthologies ‘Blossoms’ (Ranchi) and ‘Millennium Peace’ (Assam).
  • All Rounder in Fine Arts and won the Best Outgoing Western Dancer Award at Holy cross college, Tiruchirappalli.
  • Awarded the Best Outgoing student for ‘Excellence in English’ in Higher Secondary at St. Joseph’s Matriculation Higher Secondary School, Salem

Publications

Hana’s Birthday Gift, Published Kid’s story book ‘Hana’s Birthday Gift’ in collaboration with an Italian Artist Giuseppe Siniscalchi which focusses on the routine of a 5-year-old kid and how the mother helps the child to explore her potential and be and become the true self, beyond the compulsions of a competitive world., 11/2022, Available at online platforms in India and around the Globe in Amazon. The online official release of the book was done by Aarti C Rajaratnam, leading psychologist and author

Social Contribution


▲ I am a part of the Integral Optimism team headed by Fr. Charles Alphonse, General Secretary of Formation, Italy. The team focuses on spreading the power of Optimistic behaviour, to explore the possibilities of life through regular sessions enhancing the growth of individuals. It is also involved in social related projects particularly with respect to Education. Taken online session on Transformational leadership in one of the programmes conducted by Integral Optimism team at Madurai.



▲ Working with Dr. Michael Mariasingam from USA who has affiliations in getting education reach to wider set of people. This includes getting a seat for a tuition free BSc degree programme in Computer Science from the University of the People in the US with just to pay for the application fee to support the University's continued operations. Exploring possibilities for being associated with a Trust to make education feasible for those who find it a distant dream.


▲ Have been part of the Ghana project for education to backward countries. Have contributed video lessons for primary education for children along with my daughter - 2022


Distinctive Features

* Awarded Distinguished Alumni Award by Alma Mater Jamal Mohamed College on its Women’s Silver Jubilee Celebration – 2024

* Secured First place at District Level in Indirect Taxes & Information Technology in CA Final examination - 2011

* Won the Branch Level Elocution Contest four times consecutively from 2006-2009, conducted by the Institute of Chartered Accountants of India (ICAI), Trichy Branch.

*  Won the Regional Level Elocution Contest thrice consecutively from 2006-2008, conducted by the Institute of Chartered Accountants of India (ICAI), Chennai.

* Only Southern Regional participant to have won the III prize at the National Level – ALL INDIA ELOCUTION CONTEST in the 2007, conducted by the Institute of Chartered Accountants of India (ICAI), Jaipur.

* Interested in Creative Writing and the poem ‘SAIL THROUGH’ was published in CA Newsletter in December 2008 and 2 others in Creative Writing anthologies Blossoms’ (Ranchi) and ‘Millennium Peace’ (Assam).

* All Rounder in Fine Arts and won the Best Outgoing Western Dancer Award at Holy cross college, Tiruchirapalli.

* Awarded the Best Outgoing student for ‘Excellence in English’ in Higher Secondary at St. Joseph’s Matriculation Higher Secondary School, Salem

Publications

Hana’s Birthday Gift, Published Kid’s story book ‘Hana’s Birthday Gift’ in collaboration with an Italian Artist Giuseppe Siniscalchi which focuses on the routine of a 5-year-old kid and how the mother helps the child to explore her potential and be and become the true self, beyond the compulsions of a competitive world in Nov 2022. Available at multiple online platforms in India including Amazon, Flipkart.. and around the Globe in Amazon. The online official release of the book was done by Aarti C Rajaratnam, leading psychologist and author

Mary Priya MichaelChartered Accountant