Summary
Overview
Work History
Education
Skills
Technology Know How
Timeline
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Sachin M

Bengaluru

Summary

Results-driven finance professional with extensive experience in fixed assets accounting, leading travel and reimbursement teams, and optimizing financial processes. Proven track record in enhancing operational efficiency, ensuring compliance, and driving cost-saving initiatives. Seeking to leverage expertise in treasury operations to contribute to strategic financial management and organizational growth. Experienced with team leadership, operational management, and strategic planning. Utilizes organizational skills to enhance workflow and efficiency with a track record of fostering team collaboration and achieving business objectives.

Overview

11
11
years of professional experience

Work History

Deputy Manager & Assistant Manager, Fixed Assets Accounting

10.2019 - Current
  • Leadership & Team Management: Lead a team of 11 professionals, ensuring strategic alignment and development in fixed assets management area.
  • Financial Oversight: Direct month-end closing activities for accurate, timely accounting and reporting.
  • Asset Management: Oversee physical verification and documentation as per the statutory audit requirement.
  • Project Execution: Manage critical EAM projects, enhancing workflows and operational capabilities.
  • Problem Solving: Resolve complex issues in fixed assets and lease accounting.
  • Reports for Budgeting: prepare and deliver comprehensive reports that support the controlling and end user departments in monitoring their department performance, ensuring alignment with organizational goals, and facilitating effective decision-making.
  • Control & Compliance: Implement and maintain robust control procedures and compliance standards.
  • Reporting & Analysis: Prepare monthly reports, variance analysis, and reconciliations in line with Ind AS.
  • Audit Management: Handle audits, ensuring thorough documentation and resolution of findings.
  • Process Optimization: Drive initiatives to improve accounting efficiency and deliverables.
  • Transaction Approval: Review and approve asset transactions, ensuring policy adherence.
  • Automation & Integration: Lead automation projects and integrate systems like S4 Hana and EAM.
  • Insurance & IT Collaboration: Work with insurance companies to reduce settlement times and collaborate with IT for cost savings.
  • Cost Management: Transfer costs to actual users and manage asset cost center strategies.
  • Policy & Compliance: Ensure adherence to global and local policies, updating guidelines for governance enhancement.
  • Training & Development: Provide ongoing training and knowledge transfer to support team growth and audit activities.

Executive and Management Trainee, Travel and Expense Reimbursement Team

08.2014 - 08.2019
  • Budget Management & Cost Optimization: Spearheaded a team of 5 T&E specialists, overseeing the end-to-end processing of travel and expense claims for more than 4,000 employees, managing an annual travel budget of 100 million. Implemented strategic initiatives of credit card payment on 5th of every month that resulted in reduction in the advance payment.
  • Cash Flow Management: Optimized cash flow by accurately forecasting weekly and monthly travel expenses based on historical trends, ensuring precise fund allocation and eliminating excess cash reserves.
  • Inward Accounting: Accounted the inward transaction and managed the credit card payments on time.
  • Petty Cash Administration: Managed a petty cash fund of ₹ 2 lakh/Month, maintaining accurate records and ensuring timely replenishment in accordance with cash transaction policies.
  • Process Improvement & Efficiency: Introduced process enhancements that reduced reimbursement processing time by 10 days leading to improved operational efficiency and faster turnaround times for employees.
  • Financial Reporting & Forecasting: Prepared detailed monthly financial reports, providing insights into travel expenditures and identifying trends to support budgeting and forecasting processes.
  • Training & Development: Conducted training sessions for employees on travel policies and expense reporting procedures, fostering a culture of compliance and financial awareness.

Education

Leveraging AIML for Digital Transformation of Finanance Function -

XLRI- Delhi NCR
07.2022

Master of business administration - Finance

PES institute of Technology
08.2014

Skills

  • Strategic Leadership
  • Financial Analysis
  • Project Management
  • Problem Solving
  • Compliance & Control
  • Process Optimization
  • Automation & Integration
  • Training & Development
  • Cost analysis and savings

Technology Know How

  • Proficient in SAP S/4 Hana for asset management and financial reporting.
  • Experienced with BAPI/Macro for process automation.
  • Skilled in Enterprise Asset Management (EAM) tools.
  • Competent in using data analysis tools like Tableau and Power BI for financial reporting and variance analysis.
  • Knowledgeable in ICS and IFC documentation and reporting systems.
  • Effective collaboration with IT/BSM for leveraging technology to save costs and improve processes.

Timeline

Deputy Manager & Assistant Manager, Fixed Assets Accounting

10.2019 - Current

Executive and Management Trainee, Travel and Expense Reimbursement Team

08.2014 - 08.2019

Master of business administration - Finance

PES institute of Technology

Leveraging AIML for Digital Transformation of Finanance Function -

XLRI- Delhi NCR

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Sachin M