SAP FICO
Sonali Bade
Mumbai
Summary
A competent Finance & Accounting professional with over 12 years of extensive experience in finance and accounting, process enhancement, regulatory compliance,and navigating transitions across the diverse sectors. Seeking career advancement with an esteemed organization to leverage extensive expertise in SAP Implementation, experience in end-to-end implementation, and maintaining data for record and business requirements, optimize resource to effective SAP solutions, driving process improvements, and delivering measurable Result.
Overview
13
13
years of professional experience
6
6
years of post-secondary education
1
1
Certification
3
3
Languages
Work History
Manager Finance
CleverTap Private Limited
Mumbai
03.2018 - Current
- Spearheading 5-member team, overseeing day-to-day financial activities of CleverTap with focus on quality and SLA parameters, ensuring optimal performance and efficiency
- Participating in vendor, customer and stakeholder calls, diligently evaluating daily, weekly, and monthly reports to facilitate well-informed for reconfiguration of product costing structures within SAP modules; achieved 30% increase in accuracy and efficiency, resulting in significant cost savings and improved profit margins.
- Strategically optimizing resource utilization, streamlining global vendor operations across APAC, NAM, META, and INDIA regions to enhance profitability and operational efficiency across diverse regions, including APAC, NAM, META, and INDIA
- Introducing and managing SAP automation initiatives in financial processes, effectively reducing operational costs and time by integrating technological solutions, enhancing accuracy, and ensuring seamless operations within finance and accounting, thereby contributing significantly to operational excellence
- Optimizing and streamlining Record to Report (R2R) procedures, ensuring meticulous handling of financial data, timely reporting, and compliance with regulatory standards
- Assessing budget vs actual performance reports, meticulously determining annual budget objectives to align with organizational goals
- Proposing intricate financial projections and investment strategies tailored to company's unique position and operational landscape
- Focusing on day-to-day operational aspects of Accounts Payable process, including rigorous scrutiny of trial balances, balance sheet reconciliation, and bank and credit card reconciliations
- Proficiently managing expenses prepaid schedules, fixed assets registers, and month-end journal entries
- Offering expert guidance to team in preparing entries to accounts, including detailed oversight of general ledger and intercompany transactions
- Preparing monthly cash burn analysis, tracking expenses regionally, monitoring cash flow, identifying areas of expenditure, and providing valuable insights for financial decision-making
- Demonstrating proficiency in preparing comprehensive expenses prepaid schedules, maintaining meticulous fixed assets register, and executing month-end journal entries, ensuring adherence to corporate governance policies, IFRS, GST, and other relevant regulations across different regions.
Senior Finance Associate
Mishra Construction
Bhopal
12.2016 - 08.2018
- Led implementation of SAP modules for Costing, Specification, and CIN, project implementation experience resulted in 35% reduction in product costing errors and streamlined cost tracking processes.
- Led development and execution of comprehensive Accounts Payable and Accounts Receivable process, strategically designed to optimize operational efficiency and ensure seamless financial transactions
- Vigilantly monitored day-to-day accounting activities, implementing robust system of weekly trial balance scrutiny to meticulously assess financial accuracy and integrity
- Orchestrated preparation of diverse financial documents, including vouchers, commercial invoices, account statements, and cash burn reports, meticulously attending to details and maintaining stringent record-keeping standards
- Undertook critical role in reviewing all paperwork, ensuring not only precision but also strict adherence to compliance requirements and industry best practices
- Demonstrated unwavering commitment to tax law adherence, navigating and ensuring compliance with evolving regulations and guidelines governing financial operations
- Executed precise compliance with GST regulations by methodically preparing and filing accurate returns, upholding company's commitment to fiscal responsibility
- Expertly managed TDS compliance, meticulously deducting payments, issuing certificates, and filing returns within stipulated timelines, thereby ensuring regulatory adherence and financial integrity
- Played pivotal role in preparation and presentation of various detailed status reports to senior management and stakeholders, providing critical insights for informed decision-making
- Maintained unwavering commitment to adherence with labor regulations, ensuring company's practices consistently aligned with legal requirements
- Exemplified diligence in filing accurate GST returns and TDS returns within prescribed timelines, thereby upholding company's reputation for punctuality and regulatory compliance.
Senior Finance Executive
The Sanskaar Valley School
Bhopal
04.2011 - 11.2016
- Executed meticulous management of deferred and accrual revenue, overseeing accurate recognition of revenue in strict accordance with established accounting principles, thereby maintaining financial integrity
- Demonstrated proficiency in preparing comprehensive management reports, offering nuanced insights into financial performance and playing pivotal role in supporting strategic decision-making processes for organization
- Demonstrated adept oversight of end-to-end payroll operations, ensuring seamless integration of compliance with EPF, PT, and ESI regulations, resulting in impeccable compliance and streamlined employee payment processing
- Upheld unwavering commitment to compliance, ensuring flawless 100% adherence to EPF, PT, and ESI regulations, facilitating smooth and compliant process for employee payment disbursement
- Demonstrated proficiency in managing meticulous preparation of required documentation for EPF, PT, and ESI, aligning with stringent regulatory standards
- Showcased expertise in monthly preparation of Management Information System (MIS) statements, enhancing overall financial visibility and contributing significantly to informed decision-making processes
- Skillfully generated cash flow statements, leveraging accrued and deferred revenue (fee) statements to refine and optimize financial planning for organization
- Exercised adeptness in preparing detailed payroll statements, managing intricacies of PF, PT, and ESI for precise and accurate employee compensation
- Demonstrated comprehensive oversight in managing term loan operations entirely, ensuring efficient and responsible fulfillment of financial obligations for sustained organizational financial health.
Education
PGDFM (Finance) - Accounting And Business Management
IGNOU
New Delhi 01.2010 - 06.2013
B. Com. - Accounting Technology And Bookkeeping
Barkatullah University
Bhopal 01.2005 - 04.2007
Skills
Financial Acumen-US GAAP, India GAAP
Financial Analysis & Reporting AP and AR ProcessProject Management - SAP ASAP
Business Process Development & Implementation Resource OptimizationSAP FICO
Regulatory Compliance & Risk ManagementEfficient Process ImplementationLeadership & Team ManagementStakeholder Relationship ManagementCertification
Tally Certified, Startlight Institute, Bhopal (2009)
Accomplishments
- Transformed Accounts Payable operations through pioneering API integration with a third-party vendor, slashing manual data entry by 75% and elevating data precision by 90%, culminating in a remarkable 90% surge in order processing efficiency.
- Revolutionized vendor payment systems at CleverTap by deploying an API system, achieving a staggering 92% reduction in processing time, swiftly transforming it from 12 hours to 1 hour, significantly enhancing operational efficiency and accuracy.
- Recipient of the prestigious Best Employee Award at CleverTap, recognized for surpassing assigned targets, exemplifying consistent excellence throughout the tenure.
Software
SAP HANA
NetSuite (Oracle)
QuickBooks
Tally ERP
Timeline
Manager Finance
CleverTap Private Limited
03.2018 - Current
Senior Finance Associate
Mishra Construction
12.2016 - 08.2018
Senior Finance Executive
The Sanskaar Valley School
04.2011 - 11.2016
PGDFM (Finance) - Accounting And Business Management
IGNOU
01.2010 - 06.2013
B. Com. - Accounting Technology And Bookkeeping
Barkatullah University
01.2005 - 04.2007