M. SHAFEEQ UR RAHMAN
Assistant Manager, Finance & Accounting
Bangalore
Summary
A result-oriented professional offering 12+ years of pioneering experience in the areas of:
- Financial Planning & Analysis
- Treasury department
- Global Payments
- Procurement to Pay (P2P)
- Audits Coordination (Internal / Statutory)
- Skilled in designing and implementing systems to achieve financial discipline and improve the overall efficiency of the organization
- Implemented the SAP Ariba - cloud-based Procurement solution, which help buyers and suppliers to meet at one single network. SAP Ariba Partner program enables you with tools, resources, and benefits to help build, run, and grow your business.
- Managed vendor relations as well as timely and accurate processing of invoices, purchase orders, expense reports, credit memos and payment transactions
- Implemented the payment batch run for vendor payment, statutory payment, tax payment, employee reimbursement accounting system and trained staff on all accounting module
- Excellent communication skills and the capability to communicate financial issues with non-finance professionals and volunteers
- Proven success in leading teams, driving organizational improvements & implementation of best practices; comfortable working in a multi-cultural & global environment
Overview
14
14
years of professional experience
8
8
years of post-secondary education
Work History
Assistant Manager
QuEST Global
Bengaluru
07.2014 - Current
- For Procure to Pay, Global Payments & Treasury department
- Managing:
- Full cycle accounts payable, statutory payments, payroll processing duties in high volume, fast-paced environment
- All vendors for Capex & Opex
- Fully computerized & ERP procurement based on Oracle and preparing online purchase order in Oracle System 11-i
- Project material distribution system by providing Octroi clearances & related funding, payment and bank reconciliation
- Determining financial status by comparing and analyzing plans and forecasts with actual results
- Improving financial status by analyzing results and variances, recognizing trends and suggesting actions
- Reconciling transactions by comparing and correcting data
- Increasing productivity by developing automated applications, eliminating duplications and coordinating information requirements
- Providing information to management by assembling and summarizing data; preparing reports; making presentations of findings, analyses and recommendations
- Performing financial analysis of region/ sub-region/ sector business in terms of understanding the key drivers of variance
- Devising monthly MIS, completing profitability analysis for CVBU domestic business
- Maintaining proper costing and pricing for all commercial vehicle models for domestic market
- Checking, sorting, coding, processing and assembling invoices in Oracle for Manager’s approval
- Approving accounts payable cheques, wire transfers and ACH payments
- Monitoring incoming calls for vendor inquiries and resolving invoice discrepancies
- Executing month-end closing and posting re-classing entries
- Completing the interim and year-end audit
- Checking requisitions prior to forwarding for procurement In-charge
- Procuring all kind of material procurement receipts, physical inspection, stacking, maintaining minimum & maximum level of critical & fast-moving items, maintaining all procurement documents
- Checking the reconciliation vendor statement with Oracle System & Manual
- Executing purchase related role including new vendor development, price negotiation with vendor, PO releasing, material delivery and payment
- Negotiating with the vendors for material procurement while coordinating with the higher authorities of the company, ensuring statutory and company compliances
- Ensuring smooth co-ordination with indenting dept
- And corresponding with Suppliers on scope of supply and specifications
- Updating the records by working in MM module in Oracle, relating to the materials management, by supplier and by department/ discipline, purchase orders and goods requisitions and the stock take records
- Studying Circle AOP for Capex & Opex
- Monitored cash intake and deposit records, increasing accuracy, and reducing discrepancies.
- Maintained positive customer relations by addressing problems head-on and implementing successful corrective actions.
Senior Financial Analyst
Capgemini
Bangalore
10.2012 - 06.2014
- Provided strategic planning advice and financial oversight for corporate stakeholders.
- Reviewed statistical information to determine financial trends for use in investment planning.
- Collected data and developed detailed spreadsheets to identify trends and create revenue, profitability, and expense forecasts.
- Reviewed financial reports and streamlined operations to increase productivity and company profits.
- Issued cash receipts from the customers through various modes including cheques, credit cards and wire transfers
- Analyzed cash flow into the SAP lockbox: addition quality check on all the cash applied through automation
- Released inter-company payments and applied it manually in SAP
- Ensured the reduction of unapplied cash on customer accounts by researching and following up with other teams such as collectors, billers & sales team on items posted as unapplied cash, collect additional information to get this cash applied
Financial Analyst
Hewlett Packard
Bangalore
08.2010 - 06.2012
- Arranged detailed information for the Accounting Team, Sales & Forecast Team, the performance of each particular advertising contract entered into between the Agency/ Advertiser and the company for advertisements on the AOL network of web properties
- Checked the volumes of reporting for revenue/ operational value to be recognized for each contract
- Analyzed variance between the contracted/ guaranteed deliveries and the actual deliveries
- Worked on metrics & status reporting for accounting, sourcing the same through SAP NetWeaver
- Designed dashboards for AOL’s sites, channels & content through analysis tools including Omniture and ComScore
- Supervised the invoice process, set-up the contract (tech/ manual) according to the agreed deal with the customer and invoiced them accordingly
Financial Analyst
DSKP & Co
Bengaluru
05.2008 - 04.2010
- Worked across diverse functions as a Tax Consultant for some of the best companies (Yahoo, IBM, Patni)
- Rendered advise to clients about the investment avenues such as mutual funds, insurance and equity market
- Auditor for QWEST and ACS
- Performed daily error analysis meeting with the team to know their daily errors
- Organized weekly team meeting to know overall productivity and accuracy
Education
MBA - Business Economics (Finance
WLC College India
Bangalore, India 07.2008 - 06.2010
M.Com - Finance And Accounting
Kuvempu University
Bangalore, India 09.2015 - 04.2017
Post Graduate Diploma in Finance And Banking - Banking & financial Services
IFBI
05.2009 - 07.2010
Bachelors of Business Management - Business Management
Kuvempu University
Shivamogga 07.2005 - 08.2008
Diploma - Computer Software Technology
ET&T Government of India
Skills
Maintained highest member satisfaction throughout the tenure and was recognized for the sameManaged to bring up the accuracy rate to all time high of a 100% throughout the quarter
Certifications & Training : Formal Business letters & Emails
Problem Solving and trobleshooting
How to train your brain for maximum growth
Applications/ ToolsMicrosoft Excel, MS Access, SAP, SAP Ariba, Oracle, ComScore-MyMetrix, SFDC, Interwoven, Remedy, Citibank Tool, and JPM Tool and all other banks toolAffiliations
SAP FICO-Bangalore from Enterprise Logic (I) Private Limited in 2013
Timeline
M.Com - Finance And Accounting
Kuvempu University
09.2015 - 04.2017
Assistant Manager
QuEST Global
07.2014 - Current
Senior Financial Analyst
Capgemini
10.2012 - 06.2014
Financial Analyst
Hewlett Packard
08.2010 - 06.2012
Post Graduate Diploma in Finance And Banking - Banking & financial Services
IFBI
05.2009 - 07.2010
MBA - Business Economics (Finance
WLC College India
07.2008 - 06.2010
Financial Analyst
DSKP & Co
05.2008 - 04.2010
Bachelors of Business Management - Business Management
Kuvempu University
07.2005 - 08.2008
Diploma - Computer Software Technology
ET&T Government of India