Surender Kaushik
Cash and collection (Senior Manager)
New Delhi
Summary
MBA with 15 years’ experience in leading end-to-end Finance Operations, currently associated with Signify Innovations India Ltd as Senior Manager. Working as Credit & collection Manger for Asean Market (Singapore, Malaysia, Philippines, Vietnam, Indonesia, Thailand) AR Management and Dispute Resolution Accounts receivable with focus on management of over dues & customer disputes Management reporting & helping business in decision making. Audit compliance and preparation of process guidelines for strengthening of internal controls. Expertise with focus on risk analysis, forecasting, project financing of variance analysis. Coordinating with the sale and project team with respect to the Project assessment in order to mitigate the risk Possess experience in tender evaluation, negotiation and contracting with customers as well as vendors/ co-makers. Business Partnering by coordinating with various stakeholders which AR & OD Management, vendor payment & dispute resolution, reconciliations, Automation of Processes, Pricing MIS, Reporting etc. Making & Implementing the Credit Policy for the Market Six Sigma Green Belt and LEAN Advanced, ERP and SAP (PR4, FSCM). Core Member of leadership team for Setting up of Finance Service Center at Noida for Signify (Global) in India
Overview
2025
2025
years of professional experience
2010
2010
years of post-secondary education
2
2
Certifications
Work History
Credit & collection head (Senior Manager)- ASEAN Market
Signify Innovations India Ltd.
4 2019 - Current
- Company Overview: Formerly known as Philips Ligiting
- Managing the credit and collection for 800 customers (150 customers contributing to 30% revenue) with book size worth 200 Million Euro with a team of 5 members
- Preparing and achieving Annual operational plan, Rolling forecast for AR, OD collection & Bad Debt Provisioning
- Drive compliance in credit department with local and Global policies
- Perform credit investigations to determine credit rating and term for prospective accounts
- Ensure customer account and deliveries are blocked in case of accounts with overdue balance
- Develop credit analysis tool for evaluating credit worthiness of new and existing customers
- Preparation of an accurate monthly cash flow forecast for accounts receivable
- Providing reliable and accurate information to internal and external auditors and management to assist in smooth audit sign offs
- Coordinating and following with the customers and sales team for collection of overdue/long outstanding accounts
- Answering audit requirements/enquires pertaining to Accounts receivable
- Interfacing with subordinates, sales personnel, cheque collection Agencies, partner and bank personnel to ensure compliance with establish practices as well as driving the implementation of new policies
- Working closely external auditors to ensure timely and successful audits of accounts receivable, Reconciliations
- Ensuring proper recording and applications of cash management of o/s invoices, directly interfacing with customers on collection matters and resolutions of dispute
- Continuously evaluating reconciliation process to identify and implement improvement initiatives geared towards streamlining existing processes improving productivity through better utilization of resources
- Maintaining and preparing DSO reporting and driving DSO reduction in project as required
- Maintains scheme management for ASEAN Market wherein responsible to evaluate off invoices on invoices trade discount to customers abiding as per Signed agreement between company & customers
- Lead the month end books closure which include reporting & reviewing- Working Capital & AR, Overdue
- Customers reconciliation, settlement
- Ensuring high standards of governance by closing Internal & Statutory audit without any critical point
- Doing AOP & Quarterly budget and alignment of the same with all the stakeholders
- Formerly known as Philips Lighting
- Website not provided
Credit & collection head (Manager)- Indian Market (North & South region)
PHILIPS LIGHTNING INDIA Limited
04.2016 - 01.2019
- Company Overview: www.signify.com
- Drive AR & controlled the overdue, long term AR credit limit & DSO
- Support business to drive sales with proving AR Solution
- Drive Risk mitigation option in market to reduce AR Risk
- Performed on time review of customers credit rating payment terms and credit limit
- Coordinated with trade partners for reconciliations and claim settlement
- Collaborated with Area manager, Sales manager, Sales head for billing reconciliation and collection
- Interface with CF/RF partners for fetching dealers in financing
- Lead the channel wise OD Tracking & Profitability
- Evaluated, Retention Money, Pay-term, Security deposit, processing of orders as per contract, extension of due date in case of project delay supervision of accounting and allocation of expense as per department
- Product monitoring of TDS entry, GST entry, LD charges, other deduction done by customer for marketing bills, Dealer scheme, Co-op Activity claims, sell-out incentive
- Managing collection for North and south region with having customer base of around 500 Active customer base with book Size worth INR 600 crores with a team Size of 4 Members
Credit & collection head (ASST MANAGER)- Indian Market (North region)
PHILIPS LIGHTNING INDIA
04.2012 - 04.2016
- Company Overview: Website not provided
- Managing and monitoring delinquent corporate account collections and establishing terms of payment as well as handling Vendor Management
- Preparing MIS reports to provide feedback to top management on business operations, viz., billing, collection, credit control, profitability, etc
- Organizing a recovery system and initiating collection efforts by conducting routine collection calls and determines payment status of accounts
- Handled timely posting of all the Payments & Knocking Off Payments, TDS & Credit Notes in Customer Accounts
- Website not provided
Accounts executive
Action Shoes
01.2006 - 01.2012
- Company Overview: Action has varied Business interests in Footwear, Software Development, Steel & power, with combined Turnover more than 600 crore
- Website not provided
- Helping to seniors in preparing Annual Business Plan & Forecasting
- Preparation of Monthly Information Package, Variance Analysis, Report on Unit performance at regular intervals
- Co-ordination with the auditors for statutory and internal audit
- Debtor Management and Cash Management
- Reconciliation and finalization of accounts
- Preparation and filing of Service Tax, TDS, and Sales tax Returns
- Assisting in finalization of Annual Accounts
- Reporting to Manager Finance on various issues
- Bank and Parties Reconciliation
- Reconciliation of Pay pal A/c & EFC A/c
- Assisting in Statutory and Tax Audits
- Action has varied Business interests in Footwear, Software Development, Steel & power, with combined Turnover more than 600 crore
- Website not provided
Education
MBA - Finance
Sikkim Manipal University
B. Com - undefined
Delhi University
Senior Secondary - undefined
Delhi CBSE
Secondary - undefined
Delhi CBSE
Skills
Problem Solving Skills
Certification
Six Sigma Black belt, MSME
Personal Information
Date of Birth: 12/11/86
Attributes
- Problem Solving Skills
- Team Mentor
- Process Driven Approach
- Hard Working & Result oriented
Awards
- CEO Award, 2015, business partnering for process excellence & for Setup new process as fresh investment from channel partners through capital finance.
- CFO Award, 2015, business partnering for process excellence.
- Star Performer, 2016-2019, from Regional finance team.
- CEO Award, 2022, for best business partnership.
- Star Performance, 2023, for driving result in the ASEAN market.
Timeline
Credit & collection head (Manager)- Indian Market (North & South region)
PHILIPS LIGHTNING INDIA Limited
04.2016 - 01.2019
Credit & collection head (ASST MANAGER)- Indian Market (North region)
PHILIPS LIGHTNING INDIA
04.2012 - 04.2016
Accounts executive
Action Shoes
01.2006 - 01.2012
B. Com - undefined
Delhi University
Senior Secondary - undefined
Delhi CBSE
Secondary - undefined
Delhi CBSE
Credit & collection head (Senior Manager)- ASEAN Market
Signify Innovations India Ltd.
4 2019 - Current
MBA - Finance
Sikkim Manipal University
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