Sathish Koleri
Finance Manager
Bengaluru
Summary
Dynamic finance professional with a proven track record of driving growth, enhancing revenue, and improving operational efficiency. Expertise includes financial planning and analysis, management reporting, budgeting, and financial modeling, ensuring informed decision-making through comprehensive insights and projections. Strong relationships with financial stakeholders foster credibility and facilitate effective communication. A forward-thinking leader dedicated to optimizing processes, implementing scalable financial controls, and motivating teams to achieve peak performance while championing continuous improvement initiatives.
Overview
19
19
years of professional experience
Work History
Finance Manager
Kinlong Hardware India Private Limited
12.2022 - Current
- Manage a team that develops financial and valuation models, materials, and recommendations for executive decision-making by conducting comprehensive analyses and utilizing appropriate methods.
- Coordinate strategic financial planning for the company and its clients, including expenses, income, insurance coverage, objectives, tax status, and risk tolerance. Prepare monthly and quarterly management reporting.
- Focus on daily and month-end accounting to determine results, including P&L & Balance Sheet.
- Support finance partners in implementing valuation models, measuring results, tracking performance vs. expectations, and providing recommendations for corrective action.
- Provide insights about spending trends, cost-saving initiatives, and margin opportunities, monitor the day-to-day financial operations within the company (payroll, invoicing, and other transactions).
- Oversee accounts payable and receivable functions, including invoice processing, billing, collections, and vendor payments.
- Monitor aging reports and follow up on overdue accounts receivable to minimize bad debt risk.
- Negotiate terms with vendors and suppliers to optimize payment terms and discounts.
- Participate in strategic data analysis, research, and modeling for senior company leadership.
- Support Project analysis, Sales analysis validation of plans, and ad-hoc requests.
- Ensure compliance with accounting standards, regulatory requirements, and internal policies.
- Examine financial and legal documents to verify accuracy and adherence to financial regulations and acceptable financial principles.
- Develop and implement financial strategies to support business objectives, ensuring alignment with company goals.
- Manage budgeting, forecasting, and financial reporting processes to provide accurate insights into financial performance and inform decision-making.
- Analyze financial data and key performance indicators (KPIs) to identify trends, risks, and opportunities for improvement.
- Oversee cash flow management, including monitoring liquidity, optimizing working capital, and managing banking relationships.
- Supervise and mentor finance staff, providing guidance and professional development opportunities to support their growth and performance.
- Implement internal controls to safeguard assets, ensure accuracy of financial records, and prevent fraud.
- Assess financial risks and develop strategies to mitigate them, including managing liquidity, credit, and market risks.
- Oversee the implementation and maintenance of financial systems and tools to support efficient and accurate financial reporting and analysis.
- Continuously review and improve financial processes to enhance efficiency, accuracy, and transparency.
- Growth Path: Since Dec 2022: Finance Manager
Divisional Finance Manager
Yusuf Bin Ahmed Kanoo Co. Ltd. – Kanoo Logistics
01.2009 - 07.2022
- Identified performance issues within the business and risks/opportunities in current financial plan/forecast; resolved the issues and risks through detailed analysis and trend reports.
- Headed finance functions involving determining financial objectives, designing & implementing systems, policies & procedures to facilitate internal financial control.
- Prepared and analyzed Quarterly Financial Reports, Forecasts, Annual Budget & Yearend Report to Executive Committee.
- Implemented financial results forecasting system for providing accurate future results projections & budgeting system ensuring timely compilation & presentation.
- Spearheaded the entire accounts & finance functions including maintenance & finalization of accounts, profit monitoring, report management, building internal financial controls, Capex management, determining accounting objectives, designing & implementing systems and framing policies & procedures to facilitate process control.
- Established consistent and appropriate business practices & enhanced controls.
- Developed & explained monthly profit & loss projections; established product line profit & loss statements to identify opportunities & risks for the business.
- Administered the cash flows and ensure that funds are arranged in the most cost-effective manner after projecting accurate cash forecast.
- Conducted financial analysis, drove financial planning to help short-term and long-term planning of the organization.
- Led entire accounting operations and steered Internal & Statutory Audits for the organization.
- Reviewed and finalized the accounts on a monthly basis with detailed ledger scrutiny.
- Coordinated with Operations & Commercial Team for new business requirements and participated in strategic data analysis, research & and modeling for senior company leadership.
- Reviewed functionality and managing implementation of new system and software updates including configuration, testing and informing end-users (CargoWise & SAP Fiori).
- Controlled: Accounts Payable, end-to-end Vendor Invoice Processing and ensuring payments are released to vendors on due date.
- Accounts Receivable, timely invoicing and receipts of account receivables, receipt accounting and clearing.
- Analyzed the trends of Key Performance Indicators (KPI), especially relating to financial metrics such as sales, expenditure and profit margin.
- Prepared Variance & Trend Analysis. Conducted the Actual Vs Outlook Analysis and Budget Vs Outlook Analysis and performed the commentary for the significant balance changes.
- Generated MIS/ monthly P&L, BS & ad-hoc analysis to analyse day-to-day business and enable management for decision-making.
- Monitored, mentored & motivated the workforce to enhance their efficiencies with excellent people management skills for leading personnel towards accomplishment of common goals by distributing work daily and monitoring progress to ensure timely release and minimal errors.
- Growth Path: Jan 2009 - Jun 2015: Accountant
- Jul 2015 - Dec 2016: Accounts Officer
- Jan 2017 - Jun 2017: Assistant Accounts Manager
- Jul 2017 - Jun 2019: Assistant Financial Controller
- Jul 2019-Jul 2022: Divisional Finance Manager
Executive Accounts & Administration
Max New York Life Insurance Co. Ltd.
08.2008 - 12.2008
- Steered revenue assurance through checking of contracts and actual billing.
- Played a key role in: Setting up and reporting of business KPI’s and information dashboards.
- Setting up & maintaining master data sheets by region on Staffs & Facility.
- Managed: Monthly variance analysis & reporting of actual business results vs. budget.
- Variance analysis on customers ensuring correctness of monthly billing.
- Ensured adherence to procurement controls and procedures.
- Coordinated with Finance & IT Team for VAT Implementation.
- As Assistant Financial Controller:
Accounts Assistant
PepsiCo India Holdings Pvt. Ltd.
11.2006 - 07.2008
- Leveraged skills in preparation of monthly trading results & business review templates.
- Reviewed the adequacy of the provision (Accrual & Prepaid).
- Managed: Reconciliation of Customer, Suppliers, Agents, Bank & Inter Company.
- General & Administration Expenses Accounting for JV Company.
- As Assistant Accounts Manager:
Accounts Assistant
V Gopinathan & Co. Ottapalam, Chartered Accountants
04.2006 - 10.2006
- Prepare bank reconciliation statements (BRS) monthly.
- Monitor cash transactions and petty cash expenses.
- Provide the required data and documentation for statutory, internal, and tax audits.
- Assist in preparing schedules, confirmations, and working papers.
- Help in preparing monthly salary sheets and statutory deductions (PF, ESI, PT).
- Prepare TDS working, challans, and assist in filing returns.
- Record day-to-day financial transactions in accounting software.
Education
Post Graduate Diploma - Taxation & Accounting
Centre for Taxation Govt. of Kerala
B. Com - Finance, Accounts & Income Tax
University of Calicut
01.2006
Skills
- SAP - Finance (FICO) and Material (MM) & SAP Fiori (AP/AR/GL/AM/Treasury)
- Microsoft Dynamics AX
- Microsoft Power BI
Oracle – F&A, Operations & Sales
CORE COMPETENCIES
- Financial Planning & Analysis
- Finance & Accounts
- Accounts Receivable & Payables
- Internal & External Audits
- MIS Reporting and Variance Analysis
- Budgeting & Cost Analysis
- Team Building & Leadership
- Cross-Functional Coordination
- Financial & Strategic Planning
- Cost optimization & KPI Measurement
- TDS Returns & GST Calculation
- Cash Flow/Fund Management/Treasury Management
- Financial Transformation & Improvements
Reading Books
- Professional/Skill-based: Business, finance, leadership, and productivity books.
- Self-Development: Books on habits, motivation, and mindfulness.
Timeline
Finance Manager
Kinlong Hardware India Private Limited
12.2022 - Current
Divisional Finance Manager
Yusuf Bin Ahmed Kanoo Co. Ltd. – Kanoo Logistics
01.2009 - 07.2022
Executive Accounts & Administration
Max New York Life Insurance Co. Ltd.
08.2008 - 12.2008
Accounts Assistant
PepsiCo India Holdings Pvt. Ltd.
11.2006 - 07.2008
Accounts Assistant
V Gopinathan & Co. Ottapalam, Chartered Accountants
04.2006 - 10.2006
B. Com - Finance, Accounts & Income Tax
University of Calicut
Post Graduate Diploma - Taxation & Accounting
Centre for Taxation Govt. of Kerala
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