Hi, I’m
Ravi Kumar
Senior Finance Manager (Commercial-AR)
Bhalswa Dairy, Delhi
Summary
Versatile Senior Manager specializing in Accounts Receivable & Commercial and skilled at planning, implementing and overseeing key improvements to drive business growth and efficiency. History of cultivating an open culture with free exchange of information. Pursuing new professional challenges with a growth-oriented company.
Overview
17
years of professional experience
Work History
Honasa Consumer Limited (MamaEarth)
Senior Manager Commercial Finance (Accounts Receivable)
07.2023 - Current
Job overview
- Responsible for Offline-Sales India Distributor, Export Invoicing, MT Sales & Ecom-B2B
- Follow-up with Sales leadership for clearance of Overdues, distributor management & other related to receivables
- Formulation & Implementation of various credit policies, procedures and practices governing overall credit operations to maintain the DSO
- Ensure customer accounts and deliveries are blocked (in SAP) in case of accounts with overdue balances with consultation of key stakeholders & business drivers
- Updation of all trade schemes & promotions along with customer pricing/margins as & when needed
- Debt monitoring and forecasting with continuous collections process improvement
- Controller for DSO & AR with no or minimum incremental balances
- Distributor Claim Management & analysis on claims vs provisions for all Distributors– PAN India
- Review the company's receivables ledgers and ageing reporting on a weekly basis
- Also, ensuring to send periodic monthly statements of account to distributors/direct accounts with high balances
- Weekly & monthly meetings with Management Team members for overall status from AR side, on various reporting purposes & highlight major concerns & upcoming issue
- Review of overdue balances & creation of provisions for doubtful debt, as per requirement of audits
- Managing Various internal & external audits on every quarterly & annual basis.
- Established strong relationships with clients and stakeholders, ensuring long-term partnerships and repeat business.
DRUMS Food International Pvt. Ltd.
Manager-Commercial Finance (Accounts Receivable)
01.2019 - 06.2023
Job overview
- Responsible for PAN India reconciliations, Trade Spend Analysis & actualization, Credit Monitoring & customer ageing along with raising concerns on major MT(NMT/LMT), Ecom & another channel
- Follow-up with sales & customer for clearance of Overdues
- Formulation & Implementation of various credit policies, procedures and practices governing overall credit operations to maintain the DSO
- Ensure customer accounts and deliveries are blocked in case of accounts with overdue balances with consultation of key stakeholders & business drivers
- Custodian of Customer Master Data maintenance with all trade schemes & promotions along with customer pricing/margins
- Debt monitoring and forecasting with continuous collections process improvement
- Controller for DSO & AR with no or minimum incremental balances
- Distributor & Depot Accounts Team Management – PAN India
- Review the company's receivables ledgers and aging reporting on a weekly basis
- Also, sending periodic monthly statements of account to customers/principals with high balances
- Weekly & monthly meetings with Management Team members for overall status from AR side, on various reporting purposes & highlight major concerns & upcoming issue
- Budget planning from AR side, to anticipate the future AR hits & misses.
- Enhanced customer satisfaction by resolving disputes promptly, maintaining open lines of communication, and ensuring high-quality service delivery.
Danone Foods & Beverages (I) Pvt. Ltd.
Sr. Finance Executive-Operations Controlling & Payable Finance
02.2013 - 01.2019
Job overview
- Budget Planning-SCM & Industrial, Product Costing, Capex Management
- Preparation of monthly expense statement for factory & their-on for entire CBU for COGS upto Operational Margin level (CANN to CO)
- Expense claim management for entire CBU
- HO Overheads
- Preparation of P&L City, Channel, SKU, Brand & Category wise
- To prepare & publish & City Wise Truck Performance report –Truck P&L, highlight issue of non-performance
- Responsible for monitoring/checking of expenses as per agreement/contract/ PO
- Maintaining MIS for all bills which help for checking any double claim, TDS calculation, transfer of payments of all process owners
- Management of Schemes & Promos in ERP with PAN India Circulations
- Distributor Management-Claims, Settlements, Payments, Etc.
Danone Foods & Beverages (I) Pvt. Ltd.
Supply Chain Coordinator-Supply Chain Management
04.2012 - 01.2013
Job overview
- Inventory Management
- Depot Spent variance analysis Vs Budget
- Identification of cost saving opportunities
- Sales & Distribution planning
- Manpower Management
- Pioneered FG & Vehicle planning to ensure efficiencies in processes.
Hindustan Coca-Cola Beverages (I) Pvt.Ltd (Team lease)
Tel-sell Officer-National Key Accounts (NKA)
11.2009 - 03.2012
Job overview
- Responsible for MIS of NKA sales & deliveries with maximum fill rates, within entire team
- Additional responsibility of Supply Chain, to process order from Software for entire Delhi/NCR region, map them as per truck load & dispatch plan for same.
GE SBI Credit Cards (OICS)
Customer Care Executive-Collections
04.2007 - 10.2009
Job overview
- Soft calling for default cardholders, educating them on benefits of card & for their CIBIL scoring associated with card
- Maintaining quality of calls and defects of call, with highest scoring of 96.8% in the 3-consecutive year 2007, 08 & 2009.
Education
Delhi University (SOL)Delhi, India
Bachelor of Commerce from Commerce
11.2011
NIMES (Noble Institute of Management & Engineering Sciences)
Graduate Diploma in Business Administration
Skills
Proficient in MS Office, Business Central, SAGE ERP, Navision & other web-based utilities
Working knowledge of SAP
Ability to manage and work with groups and individuals, from diverse backgrounds
Best in keeping relationship, confident & having strong will power
Ability to handle pressure & think ahead and anticipate the future
Ability to manage team well, as per requirements of business
Passionate to be delivered within deadlines
Data Analytics
Resource Allocation
Personal Information
- Date of Birth: 10/20/87
- Marital Status: Married
Languages
English
Hindi