SIDDARAJU BK
Bengaluru,KA
Summary
Finance professional with 11+ years of experience in Accounts Receivable Management, Commercial Finance, and Sales Support. Results-driven management professional with extensive experience in leadership roles. Skilled in strategic planning, team collaboration, and driving operational efficiency. Adept at adapting to changing needs and ensuring consistent, high-quality outcomes. Known for strong interpersonal skills, problem-solving abilities, and focus on achieving organizational goals.
Overview
11
11
years of professional experience
1
1
Certification
Work History
Deputy Manager Finance
TVS Motor Company Limited
Hosur
04.2024 - Current
- Order-to-Cash (O2C) Responsibilities
- Managed complete Order-to-Cash cycle including order processing, invoicing, credit management, and collections
- Coordinated with sales, finance, and logistics teams to ensure accurate order fulfillment and timely billing
- Monitored customer credit limits and collaborated with credit control to mitigate risks and reduce bad debts
- Generated and verified customer invoices ensuring compliance with contractual terms
- Followed up on outstanding payments and managed collections to optimize cash flow
- Resolved customer billing disputes and queries promptly to maintain customer satisfaction
- Maintained and updated customer master data including pricing, discounts, and payment terms
- Performed accounts receivable reconciliations and aged debt analysis to support financial reporting
- Supported month-end and year-end closing activities related to receivables and revenue recognition
- Implemented process improvements and automation initiatives to enhance O2C efficiency and reduce errors
- Procure-to-Pay (P2P) Responsibilities
- Managed end-to-end Procure-to-Pay cycle including purchase requisitions, purchase orders, goods receipts, and invoice processing
- Coordinated with procurement and accounts payable teams to ensure timely, accurate vendor invoice processing
- Maintained and updated vendor master data ensuring accuracy of supplier records and payment terms
- Performed three-way matching of purchase orders, goods receipts, and invoices to prevent discrepancies and overpayments
- Ensured compliance with internal controls, company policies, and audit requirements throughout the P2P process
- Collaborated with cross-functional teams to resolve discrepancies related to invoices, purchase orders, and payments
- Conducted regular accounts payable ledger reconciliations to maintain accurate financial records
- Assisted in process improvements and automation initiatives including ERP upgrades (SAP, BI, IMS) to enhance efficiency
- Record-to-Report (R2R) Responsibilities
- Managed end-to-end Record-to-Report process including general ledger accounting, journal entries, and financial close activities
- Conducted GL account reconciliations, variance analysis, and financial reporting to support decision-making
- Coordinated with internal and external auditors, providing documentation and support during audits
- Supported month-end/year-end closing activities including accruals, and intercompany transactions
- Contributed to process improvements and automation initiatives to improve reporting accuracy and cycle times
- Utilized ERP systems such as SAP, Oracle, and Microsoft Dynamics to streamline R2R processes
- Commercial Responsibilities
- Managed commercial contracts and agreement terms including pricing and discount structures
- Coordinated contract renewals and collaborated with sales and finance to align commercial and financial objectives
- Ensured compliance with legal, regulatory, and company policies related to commercial agreements
- Supported negotiation and review of commercial terms with clients and suppliers
- Accounts Receivable Responsibilities
- Maintained accurate accounts receivable records and monitored aged debt reports
- Performed account reconciliations and supported month-end closing activities
- Followed up on outstanding payments and handled disputes, adjustments, and cash applications
- Monitored and reported on receivables performance and collections efficiency
Senior Commercial Officer
AkzoNobel India Ltd
Bengaluru
04.2020 - 03.2024
- Commercial and Sales Support
- Comprehensive Order-to-Cash (O2C) cycle handling: order processing, invoicing, credit management, collections, and dispute resolution
- End-to-end Procure-to-Pay (P2P) process management: purchase requisitions, purchase orders, goods receipt, invoice processing, and vendor payments
- Maintenance of accurate vendor and customer master data, including payment terms, pricing, discounts, and credit limits
- Reduced overdue receivables by 20% via credit limit, credit period analysis and strict policy enforcement for billings
- Implementation of process improvements and automation initiatives using ERP systems such as SAP and Microsoft Dynamics
- Management of commercial contracts, pricing structures, discounting, and alignment of commercial and financial objectives
- Assessed credit risk for customers, reducing bad debt exposure through stringent credit checks and controls
- Ensuring compliance with company policies, internal controls, audit standards, and SOX regulations across financial processes
- Ensured audit compliance and collaborated with auditors to implement process improvements
- Reporting and Analysis
- Sales Performance Tracking: Monitored and reported on sales performance metrics, including revenue, sales growth, and market share.
- Report Generation: Produced detailed MIS reports on a weekly, monthly, and quarterly basis to track sales performance and forecast future sales
- Trend Analysis: Analyzed sales trends and patterns to identify opportunities for growth and areas needing improvement
- Performance Metrics: Monitored key performance indicators (KPIs) such as sales growth, customer acquisition, and retention rates
- Collaboration: Worked closely with sales teams to understand their reporting needs and customize reports accordingly
- Data Accuracy: Ensured the accuracy and integrity of sales data by implementing robust data validation and cleaning processes
- Systematically tracked key projects and customer activity.
- (Aranis Business Process Services LTD, (AkzoNobel India Limited))
Commercial Executive
Featherlite Office Systems Pvt Ltd
Bengaluru
01.2016 - 04.2018
- Managed quotation lifecycle and purchase order validation, improving proposal acceptance rates.
- Enhanced cash flow efficiency through structured follow-ups and receivables management.
- Supported order-to-cash operations and project tracking for timely revenue recognition.
Excise Executive
Vonroll India Pvt Ltd
Nelamangala
01.2015 - 12.2015
- Oversaw dispatch operations and excise documentation for SEZ and export compliance.
- Maintained excise records and coordinated with authorities for regulatory adherence.
Education
MBA - Finance
Visvesvaraya Technological University, CPGS
01-2014
B.Com - Accounts & Finance
Sree Siddartha First Grade College
Tumkur01-2012
PUC - Commerce
Vidyavahini PU College
Kyatsandra, Tumkur01-2009
SSLC - undefined
Govt High School
Doddabele, Bengaluru01-2007
Skills
- Sales strategies
- Cost analysis and savings
- Process Improvement
- Sales and marketing
- Conflict resolution expertise
- Customer relationship management (CRM)
- Adaptability and flexibility
- Project management
Accomplishments
- Reduced overdue receivables by 20% at AkzoNobel through credit policy enforcement.
- Improved MIS reporting efficiency by 20% using advanced Excel tools.
- Introduced a Margin Management Tool to optimize pricing decisions.
- Automated dealer booking and settlement processes, enhancing transaction speed.
- Managed payroll and budget planning for over 100 contract employees
- Successfully automated the end-to-end vendor payment and dealer reimbursement process, resulting in a 40% reduction in processing time and a 25% decrease in payment errors.
- Automated revenue booking for online subscription business, enhancing accuracy and efficiency, and reducing manual reconciliation efforts by 30%
Certification
· Power BI Essential Training – LinkedIn Learning
* AI Powered Business Analyst – Simplilearn
LANGUAGES
English
Hindi
Kannada
CORE COMPETENCIES
- Order to Cash (O2C) Process Management
- Accounts Receivable & Credit Control
- Financial Reporting & GL Review
- Invoicing, Collections & Dispute Resolution
- Sales Data Analysis & Forecasting
- ERP Systems: SAP, MFGPRO, DMS, Tally ERP
- MIS & Performance Reporting
- Customer Relationship Management
- Project & Process Management
- Master Data Governance (MDG)
- Commercial Contract & Pricing Management
PERSONAL INFORMATION
- Date of Birth – 08-June-1991
- Nationality- Indian
Watching Movies, Listening Music
Watching Movies, Listening Music
Timeline
Deputy Manager Finance
TVS Motor Company Limited
04.2024 - Current
Senior Commercial Officer
AkzoNobel India Ltd
04.2020 - 03.2024
Commercial Executive
Featherlite Office Systems Pvt Ltd
01.2016 - 04.2018
Excise Executive
Vonroll India Pvt Ltd
01.2015 - 12.2015
B.Com - Accounts & Finance
Sree Siddartha First Grade College
PUC - Commerce
Vidyavahini PU College
SSLC - undefined
Govt High School
MBA - Finance
Visvesvaraya Technological University, CPGS