Preeti B. Rao
Pune
Summary
Finance professional with over 11 years in treasury management, banking operations, and financial accounting within manufacturing and trading sectors. Expertise in managing treasury functions, including fund flow planning, forex transactions, and financial reporting. Strengthens internal controls, coordinates audits, and fosters banking relationships. Skilled in SAP S/4HANA, SAP Business One, Tally ERP, and Advanced Microsoft Excel. Currently pursuing an MBA in Finance to enhance strategic capabilities.
Overview
15
15
years of professional experience
Work History
Associate Manager
Millennium Semiconductors India Private Limited
08.2016 - Current
- Lead end-to-end treasury operations, including fund flow planning, cash flow forecasting, liquidity management, and working capital optimization to ensure efficient utilization of funds.
- Manage banking relationships with consortium and multiple banking partners, ensuring seamless coordination for credit facilities, renewals, compliance, and day-to-day banking operations.
- Oversee treasury transactions, including domestic and international payments, foreign remittances, Letter of Credit (LC), Bank Guarantees (BG), Buyers' Credit, bill discounting, loan servicing, and foreign exchange (Forex) exposure management.
- Coordinate sanction documentation, credit facility renewals, documentation compliance, and timely submission of banking covenants to ensure uninterrupted availability of working capital limits.
- Prepare and present treasury MIS, cash flow forecasts, fund position reports, variance analysis (Actual vs. Budget/Plan), and management dashboards to support strategic business decisions.
- Ensure timely submission of stock statements, UFCE, FFR-I, FFR-II, QIS reports, CMA-related information, and other lender compliance requirements.
- Monitor daily cash positions and optimise fund utilisation by coordinating with internal stakeholders and banking partners.
- Drive month-end and year-end financial closing activities, including bank reconciliations, General Ledger (GL) reconciliations, treasury accounting entries, and finance cost analysis.
- Monitor Accounts Payable (AP) and Accounts Receivable (AR) reconciliations to strengthen working capital management and improve cash conversion cycles.
- Support GST and TDS compliance by overseeing GSTR-1, GSTR-3B, GSTR-2B reconciliations, statutory payments, and related financial controls.
- Coordinate internal, statutory, bank, and lender audits by providing timely financial information, resolving audit queries, and ensuring closure of audit observations.
- Developed and strengthened internal controls, standard operating procedures (SOPs), and compliance frameworks, enhancing governance and operational efficiency.
- Collaborate with procurement, commercial, accounts, taxation, and business teams to ensure smooth execution of finance and treasury operations.
- Identified opportunities for process improvements and automation, leading to enhanced operational efficiency, accuracy, and compliance.
- Lead, mentor, and supervise finance team members by allocating responsibilities, reviewing deliverables, and driving performance to achieve departmental objectives.
- Participated in ERP implementation/enhancement initiatives and improved treasury reporting through SAP and Advanced Excel.
- Built strong relationships with bankers, auditors, and cross-functional stakeholders to ensure efficient execution of treasury operations.
- Streamlined treasury operations and payment authorization workflows by strengthening internal controls, resulting in improved operational efficiency and enhanced governance.
- Successfully managed banking relationships across multiple lenders by ensuring timely credit facility renewals, sanction documentation, and 100% compliance with lender requirements.
- Coordinated internal, statutory, bank, and lender audits with timely closure of audit observations, maintaining a strong compliance and control environment.
- Optimized fund utilization through effective cash flow planning and liquidity management, supporting uninterrupted business operations and timely financial commitments.
- Strengthened working capital management by improving vendor reconciliations, payable ageing analysis, and cash flow visibility, leading to better payment planning.
- Enhanced treasury reporting and management MIS by delivering accurate cash position reports, variance analysis, and financial insights to support strategic decision-making.
- Improved cross-functional collaboration with procurement, commercial, taxation, and business teams, ensuring seamless execution of finance and treasury operations.
- Drove process improvement initiatives by standardizing finance workflows and strengthening internal controls, resulting in greater accuracy, compliance, and operational efficiency.
Accountant
Pradeep Industries
06.2014 - 07.2016
- Managed purchase, sales, receipt, payment, and expense accounting entries in Tally ERP to ensure accurate financial reporting.
- Processed supplier payments and conducted bank and vendor/customer reconciliations to maintain financial accuracy.
- Supported excise tax calculations and ensured TDS compliance to meet regulatory requirements.
Accountant
Morya Auto Engineering
05.2011 - 02.2012
- Managed accounts payable and receivable, ensuring timely settlement of invoices and maximising cash flow.
- Managed financial accounts, reconciling bank statements and monitoring cash flow to maintain accurate records.
- Reconciled monthly bank statements and resolved discrepancies.
- Recorded financial transactions, including receipts and payments, and conducted bookkeeping activities using Tally ERP to maintain accurate financial records.
Education
MBA - Finance
Avantika University
06-2026
Bachelor of Commerce (B.Com) -
University of Calcutta
01-2011
Higher Secondary Certificate (HSC) -
W.B.C.H.S.E
01-2008
Secondary School Certificate (SSC) -
W.B.B.S.E
01-2006
Skills
- Corporate Treasury Management
- Liquidity management
- Cash flow management
- Treasury operations
- Banking operations
- Regulatory compliance
- Credit facilities management
- Foreign Exchange (Forex) & Trade Finance
- Trade finance instruments
- Import-export compliance
- Financial reporting
- Accounts Payable (AP) & Accounts Receivable (AR)
- Tax compliance
- Risk management
- Audit coordination
- Bank & General Ledger (GL) Reconciliation
- Financial closing
- ERP systems
- SAP S/4 HANA
- SAP B1
- Tally ERP 9
- TDS Saral Relyon
- Advanced Excel
- Stakeholder management
- Team leadership
- TDS Saral Relyon
- TDS Saral Relyon
Languages
English
Hindi
Telugu
Custom
linkedin.com/in/b-preeti-rao-a81315388
Timeline
Associate Manager
Millennium Semiconductors India Private Limited
08.2016 - Current
Accountant
Pradeep Industries
06.2014 - 07.2016
Accountant
Morya Auto Engineering
05.2011 - 02.2012
MBA - Finance
Avantika University
Bachelor of Commerce (B.Com) -
University of Calcutta
Higher Secondary Certificate (HSC) -
W.B.C.H.S.E
Secondary School Certificate (SSC) -
W.B.B.S.E