Summary
Overview
Work History
Education
Skills
Certification
Accomplishments
Relationship Status
Languages
Awards
Projects
Disclaimer
Looking For
Personal Information
Timeline
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RAVI SHANKAR KUMAR

RAVI SHANKAR KUMAR

Kolkata

Summary

MBA Finance professional with 14 years of experience in accounts and finance, specializing in Commercial Operations, Auditing, Taxation, and Management Information Systems. Demonstrated expertise in system design to improve financial discipline and operational efficiency. Proven ability in relationship building, negotiation, and ensuring regulatory compliance. Proficient in GERP, SAP, Oracle Business Suite 11i, and Tally, with strong skills in financial statement coordination, budgeting, and inventory management.

Overview

14
14
years of professional experience
1
1
Certification

Work History

Regional Manager Commercial

BSH Household Appliances Manufacturing Pvt. Ltd.
Kolkata
09.2024 - Current
  • Company Overview: Brand – Bosch, Siemens, Gaggenau
  • Leading east region (WB, Northeast, Bihar, Jharkhand, Orrisa). commercial team (team size of 5 members) as a Regional Manager Commercial.
  • Managing end-to-end Accounts Receivable (AR) and Accounts Payable (AP) functions at the regional level.
  • Releasing sales orders based on credit rating, AR ageing, payment commitments and limits assessment.
  • Overseeing branch wise AR aging, outstanding (OS) and overdue (OD) collections, liaising with respective BMs, sales teams, branch commercial managers and trade partners for payments.
  • Validating scheme working done by branch commercials and approving it to issue the final scheme CN. In case of any deviations proposed by sales team, taking up to the top management for approval.
  • Analyzing branch wise monthly accruals and provisions and sending consolidated report to HO team for region.
  • Reviewing BCMs (Branch Commercial Managers) KPI achievements, conducting regular reviews with them by evaluating their branch wise AR, DSO, dealer visit, AP ageing, scheme settlement, service accounting, and balance confirmations, addressing their issues with cross functions and trade partners.
  • Regular meetings and reviews with sales and service team to support them for driving their sales volume and to maintain commercial and financial hygiene.
  • Responsible for expense analysis at regional and branch level, analyzing the budget Vs actual expenses.
  • Monitoring service accounting at regional level, checking AWC incentive calculations and approving it for final payout.
  • Checking and approving price list and channel wise NLC working.
  • Monthly reviewing of sales register, on invoice discount and product NLC, if any gap found settling the same through CN/DN.
  • Regular visiting to the channel partners (Min. 15 in a quarter) along with BCMs and sales team to address their queries and concerns.
  • Reviewing and approving within policy dealer defective stocks, following up for RDC and SRN till final settlement.
  • Collaborating and Supporting HO Audit team, tax team and legal team for compliance, taxation and legal issues at branch and region.

Branch Accounts Manager

LG Electronics India Pvt. Ltd.
Lucknow
06.2021 - 09.2024
  • Oversaw for complete accounting of 800+ crores turnover.
  • Managed end-to-end Accounts Receivable (AR) and Accounts Payable (AP) functions at the branch level.
  • Managed sales orders based on credit and insurance limits assessment.
  • Oversaw AR aging, outstanding (OS) and overdue (OD) collections, liaising with sales teams and trade partners for timely payments.
  • Conducted accounts reconciliation and balance confirmations, addressed payment-related issues with trade partners to ensured zero OD balance.
  • Distribution of monthly accounts statements to dealers along with Credit & Debit notes. regularly reconciled balances and personally met with partners.
  • Evaluated creditworthiness of dealers, established credit limits in coordination with Head Office and bankers.
  • Formulated, registered, and circulated specific schemes for trade partners. Monitored scheme implementation and prepared related MIS reports.
  • Managed scheme settlements and issued credit notes based on scheme terms and conditions.
  • Handled Service Accounting for multiple Direct Service Centers (DSC) and Authorized Service Centers (ASC) at the branch.
  • Did regular calculation of service expenses, AMC incentives, and processed authorized service center bills.
  • Analyzed budget versus actual expenses, investigated scheme variances, and provided corporate reports.
  • Monthly analysis and reporting of expenses and accounting procedures.
  • Managed the lease and rent module, facilitated rent payments to diverse landlords through the system.
  • Finalizations of vendors, transporters, and conducted rate negotiations in line with competition and prevailing market trends.
  • Processed vendor bills, validated rates through agreements and quotations.
  • Responsible for forecasting fund requirements and created monthly fund requirement sheets.
  • Managed vendor master records conducted quarterly vendor reconciliations and balance confirmations.
  • Close Collaboration with regional tax team for GST compliance and VAT Assessment.
  • Ensured compliance with TDS, handled legal matters, notices, and commercial requirements.
  • Oversaw and signing various legal agreements including Trade Partners, Lease, Security, Warehouse, and Transportation agreements.
  • Acted as the custodian of branch assets and oversaw branch administration.
  • Managed manpower and coordinated with internal employees and outsourcing agencies.
  • People management, supervised subordinates, and contractual employees led a team of 8 members.
  • Handled salary processing and payment for contractual employees.
  • Enforced branch discipline and punctuality.
  • Was a Junior Board member (extended arms of corporate HR & Cultural) of the branch.

Branch Commercial Manager

Whirlpool of India Ltd.
Nagpur
10.2019 - 05.2021
  • Managed and monitored banking activities, including collection, recovery, overdue accounts, and aging.
  • Established and reviewed customer credit limits.
  • Oversaw Trade Partner appointments, closures, inoperative accounts, and legal coordination.
  • Checked and processed vendor invoices.
  • Tracked and monitored slow-moving, obsolete, graded, and defective stock assets, ensuring proper liquidation.
  • Conducted physical verification of fixed assets, stock, and facilitated CFA audits.
  • Implemented, circulated, and calculated pay-outs for various schemes, releasing them through Credit Notes (CN).
  • Reconciled customer accounts monthly, considering schemes, pay-outs, FOC, discounts, Credit Notes, and Debit Notes.
  • Monitored D&A and its effectiveness, closely tracking generation versus pay-out.
  • Oversaw Branch SG&A expenses, compared and analyzed budget versus actual expenditures.
  • Initiated monthly balance confirmations with all trade partners.
  • Coordinated and supported branch audits, ensuring strict adherence to SOX compliance and commercial discipline.
  • Handled GST assessment and reconciliation.
  • Provided administrative support to branch operations.

Executive Finance & Accounts

Jindal Steel and Power Ltd.
Raigarh
08.2017 - 10.2019
  • Managed account payments for employee reimbursements, including travel advances and travel bills.
  • Generated material and service Purchase Requisitions (PR) for F&A department.
  • Released sales orders for different products, ensuring compliance with price guidance and approvals.
  • Processed Purchase Orders (PO) and Sales Orders (SO) from PR and SR, recording them in SAP.
  • Prepared Sale Reconciliation by aligning GST records, MM Module, and FI module for all Finished Goods categories.
  • Conducted Stock Reconciliation for all stockyards on a monthly basis.
  • Monitored and reviewed receipt and accounting of Captive dispatches within plants, creating provisions and rectification entries monthly.
  • Calculated and adjusted shortages in stock, accounting for Raw Materials and Finished Goods.
  • Conducted Trail Balance and General Ledger scrutiny, performing analysis and comparisons.
  • Handled comprehensive accounting for specific GLs, rectification their effects in P&L and Balance Sheet.
  • Managed conversion accounting (Job work accounting) and liaised with conversion agents for stock reconciliation.
  • Monitored overdue accounts, collection efforts, and account reconciliations.
  • Followed up on bills of exchange, handling their discounting and liquidation with banks.
  • Posted SAP entries for bills of exchange (inland domestic LC) discounting, liquidation, and collection.
  • Reconciled bank statements for collection and related charges against inland domestic LC.
  • Managed activities related to receivable Letter of Credit (inland domestic LC) and updated relevant systems and MIS.
  • Conducted month-end and quarter-end Accounts Payable/Receivable processes, provisions, and accruals.
  • Generated daily, weekly, and monthly MIS reports for management.

Branch Accountant

GTL Infrastructure Ltd.
Ranchi
10.2015 - 08.2017
  • Managed cash book and bank book, including bank reconciliation.
  • Handled vendor invoices and payments, overseeing complete Accounts Payable.
  • Generated and managed tax invoices for debtors, handling Accounts Receivable.
  • Prepared monthly, quarterly, and yearly budgets, provisions, and accruals.
  • Implemented monthly provisions and accrual entries.
  • Calculated deductions and penalties in accordance with MSA (Master Service Agreement).
  • Generated and managed Debit Notes (DN) and Credit Notes (CN).
  • Conducted branch-to-branch reconciliations.
  • Reconciled accounts and performed Trial Balance scrutiny up to P&L and Balance Sheet finalization, reporting to the head of finance.
  • Prepared and calculated TDS (Tax Deducted at Source).
  • Managed TDS on Works Contract Tax (WCT).
  • Issued Road permits as per Jharkhand Sales Tax rules (SUGAM-P, SUGAM-B, SUGAM-G).
  • Prepared monthly, quarterly, and annual Sales Tax return data.
  • Issued Form-F and Form-C as required.
  • Oversaw all statutory and taxation accounting, payments, returns, assessments, and audits at the circle level.
  • Compiled various reports and MIS showcasing the status of commercial activities on a Quarterly, Monthly, Weekly, and Daily basis.
  • Managed comprehensive accounting at the Jharkhand circle level.
  • Collaborated with the Circle Head to make financial decisions related to the circle's activities.

Finance Executive

Reliance Jio Infocomm Ltd.
Ranchi
06.2014 - 10.2015
  • Company Overview: Outsourced on Payroll of AHK & Co.
  • Prepared various reports reflecting the status of commercial activities on a quarterly, monthly, weekly, and daily basis.
  • Received infrastructure bills from VHD, organized and recorded them in the MIS.
  • Ensured communication with vendors for necessary backup documentation or clarifications.
  • Verified data accuracy against supporting documents.
  • Submitted invoices with supporting documents to top management for payment approval.
  • Reconciled vendor accounts within the SAP system.
  • Maintained the petty cash book and Imprest account.
  • Managed employee reimbursements, travel bills, advances, recoveries, and deductions.
  • Maintained vendor accounts ledger.
  • Conducted invoice verification through SAP.
  • Created Material Reconciliation Statements based on Material Code, Work Order, and Invoice consumption.
  • Generated Work Orders and performed other relevant activities as required.
  • Outsourced on Payroll of AHK & Co.

Accountant

Art Cottage Advertising Pvt. Ltd.
Ranchi
04.2011 - 06.2014
  • Prepared invoices, quotations, and purchase orders while following up with clients for payment.
  • Ensured compliance with all statutory payments and regulations.
  • Addressed and resolved employee-related administrative issues, reporting to management.
  • Managed employee reimbursements, travel bills, advances, recoveries, and deductions.
  • Updated and maintained accounting records, General Ledgers, and Bank Reconciliation Statements in Tally 9.0.
  • Maintained accounts data for Service Tax and TDS return fling.
  • Managed cash handling and administrative matters.
  • Processed vendor payments and conducted vendor reconciliations.
  • Led hiring and negotiated prices with vendors until contract/order finalization.
  • Prepared various Management Information System (MIS) reports.
  • Maintained General Ledgers to ensure accurate financial records.
  • Compiled records of financial information and documentation.
  • Prepared stock statements for bank purposes.

Education

MBA - Master Of Business Administration (Finance)

Vinayaka Mission University
Distance
01.2015

Bachelor Degree - Bachelor Of Commerce

Vinoba Bhave University
Hazaribagh
01.2010

Skills

  • Financial Management
  • Internal Financial Control
  • Budgeting & Forecasting
  • Risk Management
  • Detail-Oriented
  • Policies & Procedures Development
  • Accounts Payable & Receivable
  • Bank Reconciliation
  • Tax Planning & Compliance
  • Inventory Management
  • Scheme Management
  • Vendor Management
  • Auditing & Audit Coordination
  • Regulatory Compliance
  • Team Leadership & Management
  • Communication Skills
  • Time Management
  • Data Confidentiality
  • Problem-Solving
  • Cash Flow Management
  • Vendor & Customer Relationship Management
  • Financial Statement Preparation
  • Business Financial Position Analysis
  • Financial Reporting & Analysis
  • Decision-Making
  • Strategic Planning
  • Account Reconciliation
  • Microsoft Office
  • SAP FICO & MM Modules
  • Oracle Business Suite 11i
  • GERP
  • Tally
  • Tally ERP 90
  • Zoho

Certification

  • 1 Year Account Manager Course, AICA.(Tally ERP 9.0), 1 Year, Completed
  • Diploma In Computer Application, 1 Year, Completed
  • Mkcl International Certificate of Information Technology, 6 Months, Completed

Accomplishments

  • Produced impactful Collection Cycle reports, driving corrective actions by JSPL's leadership.
  • Instrumental in lowering Energy costs per telecom tower through site visits, earning recognition.

Relationship Status

Married

Languages

  • English, Professional working proficiency
  • Hindi, Professional working proficiency

Awards

  • 11 Times Winner Of CFO Award For Top Performance In Monthly Branch Accounts Evaluation, LG Electronics India Pvt. Ltd., 2022-2023 & 2023-2024
  • Awarded As Best BCM Of the Year, Whirlpool Of India Ltd., 2020
  • GEM Of The JSPL Award, 2018

Projects

1 year, 04/01/10 - 04/30/11, Accounts trainee in a CA firm, Ranchi (CA ANJALI JAIN & ASSOCIATES, RANCHI)

Disclaimer

The above mentioned details are true to the best of my knowledge and given a chance, I shall discharge my duties to the entire satisfaction of my superiors. Hope that credentials satisfy your requirement & looking forward for further contacts.

Looking For

Accounts Manager, Finance Manager, Commercial Manager, Regional Accounts Manager, Regional Commercial Manager, AR and Credit Control Manager, Scheme Management Lead, Full Time, Kolkata, Ranchi, Patna, Jamshedpur, Lucknow, Bhubaneswar, Varanasi, Guwahati

Personal Information

  • Blood Group: A
  • Date of Birth: 08/23/89
  • Gender: Male

Timeline

Regional Manager Commercial

BSH Household Appliances Manufacturing Pvt. Ltd.
09.2024 - Current

Branch Accounts Manager

LG Electronics India Pvt. Ltd.
06.2021 - 09.2024

Branch Commercial Manager

Whirlpool of India Ltd.
10.2019 - 05.2021

Executive Finance & Accounts

Jindal Steel and Power Ltd.
08.2017 - 10.2019

Branch Accountant

GTL Infrastructure Ltd.
10.2015 - 08.2017

Finance Executive

Reliance Jio Infocomm Ltd.
06.2014 - 10.2015

Accountant

Art Cottage Advertising Pvt. Ltd.
04.2011 - 06.2014

MBA - Master Of Business Administration (Finance)

Vinayaka Mission University

Bachelor Degree - Bachelor Of Commerce

Vinoba Bhave University

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RAVI SHANKAR KUMAR