Steffi Fernando
OTI Lead
Panvel, Navi Mumbai
Summary
Multi-tasking Team Leader well-known for executing successful, new process improement initiatives. Creates dynamic and positive workplace culture to align with organizational mission and values. Trains new hires and mentors struggling workers to achieve overall team success.
Overview
8
8
years of professional experience
5
5
years of post-secondary education
1
1
Language
Work History
OTI Team Lead
NielsenIQ India Pvt, Ltd
Mumbai
05.2022 - Current
- Ensure team performs timely Revenue Recognition and billing for East European countries.
- Analyzing the revenue at block and clearing them along with the Commercial team and delivery team.
- Minimizing the Unbilled and chasing to bill maximum.
- Guiding the team with revenue recognition issue and billing queries from the clients.
- Reconciling the Unbilled and Deferred GLs.
- Transition the revenue and billing activities from Onshore to Finance Hub set in Pune
- Training the new joiners hired for this transition and regular follow up on the activities
- Administer sales contract and order processing for East Europe countries
- Work with Revenue Controlling team to support their deliverables, including:
- Customer invoicing, credit management, and customer credit verification
- Revenue recognition
- Reviewing blocked revenue along with sales team on timely basis to maximise revenue on timely basis
- Implementing EDICOM - government invoice receipt system for Serbia
- Perform the controls on revenue processes in scope and ensure adequate controllership is always maintained, flag to the Revenue Controller in exceptional cases
- Support revenue closing activities, including accruals, provisions, and reconciliations, are appropriate and accurate and are performed in accordance with US-GAAP/Stat rules, Global COE processes, and together with the Operational Controller
- Perform revenue recognition in accordance with US-GAAP criteria and maintain relevant documentation for auditing purposes
- Ensure revenue accounting is appropriate and accurate is performed in accordance with US-GAAP
- Provide regional input on revenue reporting to the Revenue Controller
- Ensure regional statutory compliance related to revenue accounting; monitor and provide guidance on related statutory and tax accounting, reporting, and audit
- Assist the Revenue Controller locally on IT/Digital projects pertaining to revenue processes (i.e., SAP OTI, Salesforce, Google, etc.) for respective market or region
- Identify and recommend process improvements to evolve the revenue function
- Preparing global Dashboard for Nielsen OTC process with presentation at Global and Regional level
Revenue Associate
NielsenIQ India Pvt Ltd
Mumbai
04.2019 - 04.2022
- Work with Revenue Controlling team to support their deliverables, including:
- Customer invoicing, credit management, and customer credit verification
- Revenue recognition
- Reviewing blocked revenue along with sales team on timely basis to maximise revenue on timely basis
- Perform revenue recognition in accordance with US-GAAP criteria and maintain relevant documentation for auditing purposes
- Ensure revenue accounting is appropriate and accurate is performed in accordance with US-GAAP
- Provide regional input on revenue reporting to the Revenue Controller
- Ensure regional statutory compliance related to revenue accounting; monitor and provide guidance on related statutory and tax accounting, reporting, and audit
- Assist the Revenue Controller locally on IT/Digital projects pertaining to revenue processes (i.e., SAP OTI, Salesforce, Google, etc.) for respective market or region
- Identify and recommend process improvements to evolve the revenue function
- Preparing global Dashboard for Nielsen OTC process with presentation at Global and Regional level
Sr. Associate
Morgan Stanley Fund Services
Mumbai
01.2018 - 03.2019
- Providing day-to-day investor services to both the Fund Manager and investors in the fund
- Monitor the receipt and review of completed subscription documentation
- This includes: -
- Completion of initial AML review
- Initial review of subscription documentation for completeness
- Email communication to investors seeking additional information where required and responding to investors in response to routine queries
- Ensure that all investor activity is processed in a timely and accurate manner
- Open new investor accounts ensuring compliance and process investor transactions in line with the fund documentation, anti-money laundering requirements, statutory regulations and company policies and procedures
- Handle routine email and follow up queries from investors with respect subscriptions in a professional and prompt manner, escalating where appropriate
- Provide investors and their nominees with statements, contract notes and other documentation
- Ensuring that the records of the fund are maintained in a complete and organized manner
- Keep the management apprised of operational issues.
Associate
Morgan Stanley Fund Services
Mumbai
01.2016 - 12.2017
- Providing day-to-day investor services to both the Fund Manager and investors in the fund
- Monitor the receipt and review of completed subscription documentation
- This includes: -
- Completion of initial AML review
- Initial review of subscription documentation for completeness
- Email communication to investors seeking additional information where required and responding to investors in response to routine queries
- Ensure that all investor activity is processed in a timely and accurate manner
- Open new investor accounts ensuring compliance and process investor transactions in line with the fund documentation, anti-money laundering requirements, statutory regulations and company policies and procedures
- Handle routine email and follow up queries from investors with respect subscriptions in a professional and prompt manner, escalating where appropriate
- Provide investors and their nominees with statements, contract notes and other documentation
- Ensuring that the records of the fund are maintained in a complete and organized manner
- Keep the management apprised of operational issues.
Summer Intern
Punjab National Bank
Mumbai
05.2015 - 06.2015
- A study on Credit Risk Rating of Corporate The project was about the credit risk rating of corporate in Punjab National Bank and secondary research was done on the same
- The study was conducted to check if there is a significant difference between the defaulters and the non-defaulters of the bank.
Education
Master of Management Studies - Finance
St. Francis Institute of Management And Research
Mumbai 07.2014 - 05.2016
Bachelor of Commerce - Accounting
Vivek College of Commerce
Mumbai 07.2010 - 05.2013
Skills
Training and Development
Accomplishments
1. November 2019: Silver Award - Nominated for Trust & Accountability – The award is for who relentlessly involved in the lag elimination process for APP countries. The project had multiple challenges with APP contract structure, 3Q close, multiple stake holder management.
2. August 2020: Silver Award - Nominated for Trust & Accountability – For excellent contributions in the global deployment of Salesforce! The successful implementation would not have been possible without.
3. March 2021: Silver Award - Nominated for Engage, Include, & Decide – For being consistent performer. Makes sure that all the revenue related process & policies are diligently always followed. Never hesitates to take a risk. Is open to share ideas, escalate when necessary and take feedback.
4. Certificate of Appreciation, 2022 – for Outstanding Performance & Lasting contribution to the team.
5. Leader’s Choice Appreciation Award, 2023
Timeline
OTI Team Lead
NielsenIQ India Pvt, Ltd
05.2022 - Current
Revenue Associate
NielsenIQ India Pvt Ltd
04.2019 - 04.2022
Sr. Associate
Morgan Stanley Fund Services
01.2018 - 03.2019
Associate
Morgan Stanley Fund Services
01.2016 - 12.2017
Summer Intern
Punjab National Bank
05.2015 - 06.2015
Master of Management Studies - Finance
St. Francis Institute of Management And Research
07.2014 - 05.2016
Bachelor of Commerce - Accounting
Vivek College of Commerce
07.2010 - 05.2013
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