Swanand Soman
Pune
Summary
Results-driven professional with 15 years in SAP IFRS 16, project management, and supply chain logistics. Currently, as Manager at Vodafone Intelligence Services, leads teams in vendor queries, lease accounting, and contract management for over 27,000 clients. Expertise in commercial operations and finance, with a strong focus on reducing outstanding accounts and managing disputes. Demonstrates strong interpersonal skills, effectively communicating and building relationships at all levels.
Overview
15
15
years of professional experience
1
1
Certification
Work History
Manager, SAP REFX/Lease accounting Process
Vodafone Intelligence Services
Pune
06.2022 - Current
- Team & Vendor Leadership: Direct a team of 25 skilled finance professionals to successfully manage contract management, lease accounting, and queries for over 27,000 global clients and vendors.
- Financial Recovery & Revenue: Successfully drove a Debit Balance Project that recovered €645K for the business. Engaged with vendors on frozen sites and contracts to yield an additional $1.2 Million recovery during 2023-24.
- Process Optimization: Revamped over 300 closed vendor sites, unlocking more than $145K in recurring yearly revenue.
- Credit Risk Mitigation: Developed and executed comprehensive payment strategies, effectively reducing overdue accounts by 30% and overseeing precise financial tracking of client ledgers exceeding $500,000.
- SAP REFX Expertise: Supervise daily and monthly RERAPP postings, month-end closure (MEC) activities, and the coordination/modification of complex lease terminations within the SAP REFX Engine.
- International Stakeholder Management: Function as the primary escalation point for European operations, utilizing fluent German to resolve high-priority vendor queries and lease accounting disputes.
- Managed complaints with calm, clear communication and problem-solving.
Senior Product Specialist/ Supply Chain & AP
Maersk Global Services Pvt. Ltd.
02.2020 - 06.2022
- Account Management: Managed key client accounts, demonstrating strong techno-commercial acumen and resolving complex commercial disputes effectively.
- Outstanding Debt Reduction: Streamlined invoice and contract management processes, resulting in a 60% reduction in accounts outstanding and significantly improving financial operational efficiency.
- Supply Chain & Logistics: Oversaw end-to-end supply chain activities, freight management, and export/import related tasks utilizing the Transport Management System (TMS).
- Client Relations: Facilitated voice and non-voice client communications to handle and resolve inflow reduction claims efficiently.
Business Analyst, Procurement/ SAP Ariba
Accenture
09.2019 - 02.2020
- Resolved queries related to SAP HANA & Service Now, ensuring seamless communication with vendors and clients
- Effectively communicated in German, providing critical support to the internal invoicing team and attending client calls regularly
- Demonstrated proficiency in solving German language queries, facilitating smooth communication and efficient query resolution.
- Managed cross-functional teams to deliver project outcomes within agreed timelines and budgets.
- Analysed business processes to identify inefficiencies and recommend improvements for operational excellence.
Specialist
AXA
04.2016 - 08.2019
- Managed client emails in German, ensuring effective communication and addressing client queries promptly
- Handled accident claims, policy cancellations, and renewals, providing critical support to clients and agents across Switzerland, France, and Italy
- Provided valuable feedback to the offshore team, ensuring high-quality project delivery and client satisfaction.
Project Executive - Project Management
Springer Nature
12.2011 - 03.2016
- Led project planning and control, managing deliverables and client communication for successful execution of projects in Germany and the Netherlands
- Facilitated weekly client calls, providing transparent status updates and enhancing project coordination
- Provided comprehensive process training to the team, ensuring adherence to quality standards and efficient project execution.
- Delivered German queries in English for production team, ensuring seamless communication and timely project delivery
Education
Graduation (Bachelors) - Bachelor of Arts
S.P College
Pune, MH01-2010
Skills
Core Competencies
§ Team Handling § Logistics Management § Accounts Payable § Freight and Import Activities § Invoice Processing § Clearing Debit Balance
§ Payment Processing § Open Item Analysis § Escalation Handling/RCA
§ Lease Accounting § Rejected and Returned § Performing UAT
§ Month End Reporting § Track KPI/SLA § Follow-up with Business
§ Supply Chain Management § SOX Controls
Highlights
- Driven team to gain recovery on Debit Balance Project and gained recovery of 645K EUR for the business
- Recovered over 12 Million in the year 2023-24 from the frozen sites and contracts by engaging with the Vendors
- Managing a team of 25 skilled individuals resulting in retention of 27k Vendors
- Revamped over 300 closed vendor sites resulting in over 145k yearly Revenue
- Oversaw client payments and ledgers exceeding $500,000, guaranteeing precise financial tracking
- Team leadership
- Financial recovery
- Process optimization
- Credit risk mitigation
Custom
- Cricket, Football, Photography
Languages
English
German
Certification
- B2.2 German Language
Personal Information
Date of birth: 01/25/90
Interests
- Cricket, Football, Photography
Timeline
Manager, SAP REFX/Lease accounting Process
Vodafone Intelligence Services
06.2022 - Current
Senior Product Specialist/ Supply Chain & AP
Maersk Global Services Pvt. Ltd.
02.2020 - 06.2022
Business Analyst, Procurement/ SAP Ariba
Accenture
09.2019 - 02.2020
Specialist
AXA
04.2016 - 08.2019
Project Executive - Project Management
Springer Nature
12.2011 - 03.2016
Graduation (Bachelors) - Bachelor of Arts
S.P College