Summary
Overview
Work History
Education
Skills
Software
Work Availability
Quote
Timeline
Accomplishments
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SANTOSH PANDEY

SANTOSH PANDEY

Head Of Accounts Receivable
Bengaluru

Summary

Collaborative leader with dedication to partnering with coworkers to promote engaged, empowering work culture. Over 19 years of experience in finance, sales, and operations with a strong track record of success in leading teams and delivering results. Proven ability to lead cross-functional teams, manage complex projects, and develop innovative solutions to business challenges. Possess strong understanding of the finance function and have a proven track record of improving cash flow, reducing bad debt risk, and optimizing collections.

Overview

19
19
years of professional experience
3
3
years of post-secondary education
3
3
Languages

Work History

Head of Accounts Receivables

Lenovo India
Bengaluru
01.2017 - Current
  • Manage a team of finance professionals, providing coaching, mentoring, and performance feedback.
  • Manage $1.8B Commercial & Consumer customers receivables based in India, Sri Lanka, Bangladesh, and Nepal.
  • Lead the development and implementation of a finance transformation program that improves operational efficiency, reduces costs, and increases revenue.
  • Execute a comprehensive change management plan, including communication, training, and stakeholder engagement strategies.
  • Develop and implement financial policies, procedures, and controls to ensure compliance with regulatory requirements and mitigate risk.
  • Use critical thinking to break down problems, evaluate solutions and make decisions.
  • Cultivate positive rapport with fellow employees to boost company morale and promote employee retention.
  • Lead discussions with banks on financing options to improve cash flow.
  • Responsible for all operational aspects of first & third-party collection agency operations.
  • Key stakeholder in driving learning and development for the India Finance team.

Key accomplishments

  • Successfully led transition project for AR from Lenovo to Accenture involving Process mapping, knowledge transfer, and transition.
  • Building a governance model for performance and quality monitoring.
  • Stabilized process in 3 quarters with 50% efficiency improvement and 15 days of improvement in DSO.
  • Coordinated with cross-functional teams to identify and prioritize process improvement initiatives, resulting in an 89% reduction in disputes saving $0.3M of WCC against approx. $15M revenue.
  • Played a key role in the recovery of over $390M from Govt Accounts.
  • Involved in negotiation and discussion with key Govt officials.
  • P&L goodness of $1.6M in FY'18 and $0.6M in FY'19 and zero bad debts since FY'19.
  • Onboarded additional banks to create incremental credit lines for partners, increasing quarterly sell-in revenue by $30M.
  • Led GTN optimization project & expense optimization project leading to a saving of $5.5M.
  • Standardized payment terms for business partners in India, Sri Lanka, Bangladesh, and Nepal for ease of doing business.
  • Received WW Finance award in FY'20, India Kick-Off Team Excellence Award in FY'19 and FY'21, Team excellence award in FY'22, and Individual performance award in FY'22.

Finance Operations Manager

Amazon
Hyderabad
2015 - 2017
  • Maximize performance by monitoring daily activities and mentoring team members.
  • Manage a team of 40+ FTE managing a portfolio of over $12 Billion for Amazon Web Services (AWS), NA.
  • Lead support centers in India, San Jose, Manila, and Bratislava, supporting AWS Collections.
  • Set yearly goals, track performance metrics, provide coaching and training, and identify areas for improvement.
  • Participate in the hiring process and implement a mentoring program to promote positive feedback and engagement.
  • Monitor and track progress against goals and milestones, providing regular status updates to senior leadership.
  • Design and deliver process improvement initiatives, including process redesign, automation, and standardization.
  • Present business cases (white papers) to support investment in finance transformation initiatives.
  • Analyze financial data to identify trends, risks, and opportunities for improvement.
  • Develop and maintain positive relationships, resolve conflicts, and ensure that communication channels are open and effective.
  • Exercise leadership capabilities by successfully motivating and inspiring others.

Key accomplishments

  • Re-engineered the AR model and introduced a new collection strategy, regrouping over a million accounts under Relationship and Transactional' groups.
  • Implemented Daily Management System (DMS) for the AWS AR team improving efficiency by over 30%.
  • Presented and implemented a business case on suspension policy for transactional accounts to build adequate controls and minimize the impact on P&L.
  • Integrated Collection tool for the AWS team to improve Efficiency and Controllership.
  • Reduction in aged AR by 20% in FY'15 and 70% in FY'16.
  • Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.

AR Manager, Sales Manager

Dell
Gurgaon
09.2004 - 04.2015

As an AR Manager:

  • Review and prepare various reports and analyses on the receivable status and trends for communication to the leadership team.
  • Serve as an escalation point for credit & collection and payment processing issues.
  • Leverage data and analytics to make informed decisions and drive business improvements.
  • Maintain positive customer relations by addressing problems head-on and implementing successful corrective actions.
  • Interact with cross-functional teams to solve business and customer issues.
  • Review and propose a reversal of revenue where performance obligations are incomplete.
  • Support and generate ideas on the reduction of bad debt provision.
  • Upscale Key talent (direct reports) through cross-functional projects/assignments.
  • Meet customers across India to reconcile their accounts and sort out business gaps.
  • Review and approve all deals against Letters of Credit (LC) for all customers across India.

As a Sales Manager:

  • Lead strategic partnership with DDMS with the launch of entry-level servers through a distribution model, targeting the mid-market segment.
  • Handle pan India distributors with their B2B business and balance their relationship with Sales and Partners.
  • Manage direct sales team's revenue and margin.
  • Maintain and expand business relationships/market share with existing customers.
  • Evaluated performance against goals and implemented appropriate development plans.
  • Hiring, developing, and maintaining best-in-class teams across levels to consistently deliver on revenue, margins, and customer-defined SLAs to add value to customers' business.


Key accomplishments

  • Global CFO award in FY'15 for reducing OpEx by 10% which resulted in saving of $5M.
  • Reducing provision on inventory from $4M to $0.7M in FY'12.
  • Lead system migration from GETPAID to I-Collections and automated dispute management in i-Collection.
  • Set up a new team in Dell Gurgaon as part of the growth plan for the India AR team.
  • Q2FY11 - Lowest DSO of 60 days in the public segment with past due reduction of 54.6% and 90+ reduction of 84%.

Education

Bachelor of Science -

Osmania University
Hyderabad
04.2001 - 03.2004

Skills

    Credit & Collections Management

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Software

MS Office

SAP ECC / S4 HANA

Oracle R12

C / C

Power Bi

Work Availability

monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Quote

Judge a man by his questions rather than his answers.
Voltaire

Timeline

Head of Accounts Receivables

Lenovo India
01.2017 - Current

Finance Operations Manager

Amazon
2015 - 2017

AR Manager, Sales Manager

Dell
09.2004 - 04.2015

Bachelor of Science -

Osmania University
04.2001 - 03.2004

Accomplishments

Awarded by Honorable President of India, Shri K. R. Narayanan in Mar 1999

  • Hold the disaster management badge.
  • Participated in a community development project to ensure environmental sustainability.
SANTOSH PANDEYHead Of Accounts Receivable