Puneet Kumar Sharma
Finance Manager
Summary
Dynamic and results-oriented MBA Finance with 15 years of experience seeking a challenging role in financial management, compliances. Proficient in Commercial Payments, Financial Reporting, Data Analysis, Accounts Receivables and Payable, with a strong commitment to delivering strategic financial solutions for organizations.
Overview
15
15
years of professional experience
6
6
years of post-secondary education
Work History
FCA Manager
RELIANCE JIO INFOCOMM LTD
08.2015 - Current
- Cash Management: Ensured 100% accuracy of cash invoices processed through Fiori; Procurement management including creation and release of PO based on contracts created at State level, execution of small value direct procurement (YEXP) and; Low value non-PO based procurement handling and transaction recording;100% accuracy in petty cash/Imprest management while ensuring that all the bills were booked, validated and posted in SAP without any error, pending credit is received through raising OC case
- Site Rental & Energy Cost Payments: Spearheaded timely closure of O&M payments including validation and execution of own site rent, electricity bills, fuel and maintenance, EB bill payments and 1st bill received monitoring and validation in SAP for vendors, contractors, FTTX, Small Cells, Insurance and Monthly book closure resulting in 100% timely closing of payments within stipulated timelines
- Channel Management and Reporting: In case of any issue raised by Channel Partners relating to scheme payout, Engaging with JC team for collection of instalment dues towards Jio POS & eKYC device, providing regular payout details related to GST/DTR payout/retailer wise details and necessary support to JCM; Channel Partner accounts management including commission reconciliation, claim settlement and receipt, refund and accounting of channel partner security deposit and Business team in terms of documentation and retailer onboarding/archival of documents; Maintaining and circulating GST pendency Dashboard thereby ensuring timely submission and approval of GST invoices by respective channel partners for Delhi NCR
- Physical Verification and Audit:100%Detailed Fixed Asset/Inventory Verification, Device and FTTX broadband& Reconciliation; done physical audit of self JC and other JC as assigned with highlighting exceptions if any, also audit of Diesel expenses in JC was done regularly
- Support to Jio Centre Manager in driving revenue and analyzing profitability; ranking of Enterprise function based on financial evaluation; Preparation of JC level revenue and expense plans and variance analysis; Responsibilities including monitoring of daily revenue(plan vs actual) and activation reconciliation
- General Ledger, Accounts Receivables and Accounts Payable open items:EnsuredOpen items related to vendor payments and customer receivables are cleared on a regular basis, Respective GL reconciliation prepared, reviewed & validated on time (100% on time/without unreconciled items);MIS & ACH Forms for COCP & Individual connections Co-ordinated with NHQ for knocking off open items andadministering collection related activities for FTTx business
- Accelerated PIS posting within SLA for DRS and JSE billing cash collections;handing over the cash to CMS team and with NIL exception was done throughout
- Tax and Other statutory Compliances:PAN-Aadhar Linking pendency dashboard for various vendors,regular updation in online portal according to various sections of TDS like 194Q/194I
- Trade Licenses/Property Tax payments etc.Personal Liasioning with statutory offices, BYPL officials, Landlords and other facility owners ,Ensuring all compliance of Delhi Circle like Tower/Rental property/Jio Center within timeline
- New Tower acquisitionCommercial Closure:Accomplished new ENB Site and small cell acquisition through commercial closure by active involvement in rental negotiation, legal clearance, execution of lease agreement, registration through RE executives;procuring Due Diligence Report(DDRs)-coordinating with different lawyers, and rewarded with special award for exceptional performance.
Senior Associate
CAIRN INDIA
10.2012 - 02.2015
- Interface b/w Rajasthan asset and functions and ONGC JVOG team; acted as a SPOC and initiated the process for timely resolution of queries thereby reducing TAT by ~ 2 weeks, preparation and circulation of various trackers to internal and external stakeholders
- Responsible for delivery of Annual Work Programme & Budget; Collecting information/ inputs from different stakeholders for preparing annual/half yearly budgets and finalization of each BLI(Budget Line Item and Cost centre)and also acted as SPOC for JV Proposal and Correspondence Action tracker from conception to Go-Live stage
- Budget Vs Actual analysis and reporting the negative variances to respective internal and external stakeholders
- Comparative Cost Analysis of Budget Vs Actual; P&L Analysis and reporting the incremental costs with reasons;Coordination with different stakeholders for any expected deviation than budgets
- Part of Gas development group for Rajasthan Block; preparation, submission and approval of key documents like BLI wise details, budget basis, Concept note, Program Quantity, Procurement strategy resulting in approval of FDP of USD 535 MM by Management Committee-awarded company award,“PAT on back” for the same
- Reporting Daily Production Report, Production Profile for undergoing Projects to Statutory bodies like DGH and MoPNG
Asst Manager
BPTP LTD
11.2011 - 10.2012
- Responsible for Cash inflow & outflow analysis, variance analysis, actual vs budgeted expense reports, trend analysis, strategizing with different departments to develop strategies around identified reasons
- Accountable for data collection related to land acquisition, sorting and compiling, analysis and presentation
- Preparation of comprehensive MIS dashboard reports for top management
- Preparation of financial models related to real estate valuations
Asst Manager
CHD DEVELOPERS LTD
09.2010 - 10.2011
- Responsible for providing details regarding Cost of Project, Means of Finance, Business Profile, Company Profile, SWOT analysis, strategies, Growth Plans, Net worth Statement, Milestones, Historical Results, Competitive analysis,List of Shareholders, Board Resolutions, Banking Arrangements(Fund based and Non Fund based), Key ratios
- Reporting to CFO of Company and assisting in Preparation of Daily/Monthly/Quarterly Dashboard reports and Presentations
Asst Manager
AXIS BANK LTD
06.2008 - 08.2010
- Extensively involved in CTS (Cheque truncation System/E-cheque) Inward Clearing Processing & CTS Outward Clearing Processing
- Initiated and Volunteered as Night shift in charge for a team of 10 Executives, responsible for processing Inward Clearing Cheques; resulting in faster processing of Cheques and process efficiency
Education
Master of Business Administration - Finance and IB
University School of Management Studies, GGSIPU
01.2006 - 04.2008
Bachelor of Business Administration - undefined
Birla Institute of Technology
01.2002 - 04.2005
Skills
Policies and procedures
undefinedWork Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Quote
There is a powerful driving force inside every human being that, once unleashed, can make any vision, dream, or desire a reality.
Tony Robbins
Timeline
FCA Manager
RELIANCE JIO INFOCOMM LTD
08.2015 - Current
Senior Associate
CAIRN INDIA
10.2012 - 02.2015
Asst Manager
BPTP LTD
11.2011 - 10.2012
Asst Manager
CHD DEVELOPERS LTD
09.2010 - 10.2011
Asst Manager
AXIS BANK LTD
06.2008 - 08.2010
Master of Business Administration - Finance and IB
University School of Management Studies, GGSIPU
01.2006 - 04.2008
Bachelor of Business Administration - undefined
Birla Institute of Technology
01.2002 - 04.2005
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