Raj Kiran
Chartered Accountant
Bangalore
Summary
A finance professional with over 17 years of experience having a deep understanding of Finance management. A leader for the last 12 years, with strategic vision coupled with extensive experience will look to bring operational excellence in the finance function.
Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.
Overview
18
18
years of professional experience
2
2
Certifications
Work History
Head Wholesale commercial finance
Puma India
08.2021 - Current
- Business finance partner for wholesale channel of the company which is more than 50% of the total business.
- Continuous focus of internal control and improving processes.
- Ensure margin delivery for the channel.
- Finalizing the commercial deals with customers.
- Revenue assurance and revenue recognition for the wholesale channel.
- Risk management and credit control activities of Accounts receivable.
- DSO management by interacting with business team and customer to ensure collection.
- Financial planning and analysis for the wholesale channel including budgeting.
- Profit and loss management for the entire channel.
- Review with leadership team on the Financial performance.
- Working capital management by projecting the cash inflow and adhering to the projections.
- Ensuring the ledger accounts are reconciled for all customers.
Head Taxation, Retail Finance, Loss prevention and B2B reco
Puma India
05.2012 - 07.2017
- Helped grow the business from 30 stores to 115 stores.
- Business partner with the country business vertical head to support the brand’s business with accurate financial information and analysis, as well as to make recommendation for further improvement.
- Monitor and control business performance by comparison of actual results versus budget on a continuous basis and also propose for area improvement.
- Have a control on the capex spend by approving and tracking capex spends on new projects.
- Working with the company bankers to secure safe payment mechanism implemented in the stores. Implemented buy now pay later in O&O stores.
- Head count and variable pay control by analyzing PEX and incentive payouts.
- To take full responsibility for timely, accurate, and appropriate management information, including preparation of a monthly management financial report.
- To take part in regular reviews with the operational management Team.
- Responsible for the preparation of Annual Budget, which involves review of future business plans to develop the budget.
- To provide input of financial planning e.g. loss stores management from loss to break-even and profit, allocation of resources among various projects, renovation generate more returns, etc.
- To take active and constructive part in the selection and implementation of Financial and operational systems.
- Responsible for the finalization of books of accounts and audit in co – ordination with auditors.
- End to end Tax compliance in both direct and indirect taxation.
- Ensuring our margins are in line with comparable companies under transfer pricing.
- Working capital management and corporate finance for the D2C entity.
Regional Finance Head
Fabindia Overseas Private limited
01.2011 - 05.2012
- Primary role is to Manage the Finance and Accounting for the Karnataka market Region.
- Reporting on a monthly basis, variance analysis with budgets.
- Finalisation of Balance sheet on a monthly basis.
- Business Development – identifying retail space along with feasibility study for new projects to get approval from Board for starting the project.
- Interacting with the legal team to finalise the agreements with landlords.
- Planning of monthly opex and Capex.
- Interacting with the auditors for finalisation of statutory audit and tax audit.
- In charge of all legal matters for Karnataka Region (personnel, tax and Real estate).
Finance Officer (Earlier Management Trainee)
Hindustan Aeronautics Limited, Foundry and Forge division
05.2008 - 01.2011
- Primary role as Finance Officer (Book Keeping) is to prepare and analyse monthly MIS report to be reported to Corporate office. The role includes monthly sales plan and compilation of monthly income statement.
- Monitoring the performance of the division in relation to the set targets/budget and variance analysis on a monthly basis.
- Generation of monthly cost ledger and reporting to the management of the division on the costing profitability and comprehensive inventory management in interaction with purchase department.
- As Finance Officer (Bills receivable) was responsible for revenue accounting and debtors management. Interacting with customers to realize due amounts.
- Finalisation of quarterly and Annual accounts and getting the final accounts audited by Statutory Auditors and CAG auditors.
- Maintenance and regular review of Fixed assets and depreciation accounting.
- Monitoring of Capital budget for proper utilization.
- Single point of contact for all ERP related queries in Finance department and responsible for giving rights to various users in finance module.
- Handling income tax matters related to employees of the division.
- (wholly owned subsidiary of Ministry of Defence, Government of India)
Education
Advanced Management Programme - Finance
IIM, Lucknow
09.2008
Bachelors Degree - Commerce
Bangalore University
01.2002
Skills
Friendly, positive attitude
Teamwork and collaboration
Computer skills
Customer service
Certification
Member of Institute of Chartered Accountants of India (ICAI) 2007.
References
Will be made available on request
Timeline
Head Wholesale commercial finance
Puma India
08.2021 - Current
Head Taxation, Retail Finance, Loss prevention and B2B reco
Puma India
05.2012 - 07.2017
Regional Finance Head
Fabindia Overseas Private limited
01.2011 - 05.2012
Finance Officer (Earlier Management Trainee)
Hindustan Aeronautics Limited, Foundry and Forge division
05.2008 - 01.2011
Bachelors Degree - Commerce
Bangalore University
Advanced Management Programme - Finance
IIM, Lucknow