Tuffailahmed Shaikh
Finance Manager - OTC | US GAAP & IFRS
Pune
Summary
Dynamic finance leader with over 12+ years of experience in Finance operations across the GCC region and a global perspective on finance, budgeting, and cash flow forecasting. Currently oversees finance operations in APAC, North America, Western Europe, and EEMEA, managing a diverse team of 36 across 65 countries. Proven track record in enhancing cash flow, driving revenue growth, and ensuring compliance with IFRS and US GAAP standards through meticulous internal audits. Recognized for exceptional stakeholder engagement, team development, and strategic project leadership, leveraging technical expertise in tools such as SAP, Oracle, Salesforce, Side trade, High Radius and Power BI to foster operational excellence. Collaborative leader partners with coworkers to promote an engaged, empowering work culture. Documented strengths in building and maintaining relationships with diverse range of stakeholders in dynamic, fast-paced settings.
Overview
12
12
years of professional experience
Work History
Manager – APAC, North America, WE & EEMEA Region
NielsenIQ
07.2022 - Current
- Accomplished multiple tasks within established timeframes. Managed and motivated employees to be productive and engaged in work.
- Maintained 0 failures in internal and external audits.
- Controlled costs to keep business operating within budget and increase profits. Ensured the General Ledger (GL) is updated.
- Leveraged data and analytics to make informed decisions and drive business improvements.
- Leading financial planning, reporting, reconciliation, and variance analysis.
- Review and approve refund and expense write-off requests made by Collection Analysts and Collectors.
- Review contracts as they relate to collection issues, including payment and invoicing terms.
- Supervise and develop Collections Analysts and Collectors, and manage their account loads.
- Understand and comply with Sarbanes-Oxley requirements as defined in the risk control matrix.
- Implemented strategies to improve the DSO, DBO and past due % for the region.
- Ensured to complete the given target by 100%.
- Managing 37 team members across regions.
- Collaborated with cross-functional teams billing, tax, treasury, sales and operation to develop promotional campaigns for OTC products that drove sales growth.
- Review collection system entries & Maintained accurate records of all transactions, enabling efficient tracking and reporting of financial data.
- Ensured compliance with regulatory requirements, minimizing risks associated with the sale of OTC products.
- Increased customer satisfaction by efficiently addressing and resolving OTC product inquiries.
- Transitioned new business process to the Pune hub.
Team Lead North America
NielsenIQ
08.2022 - 07.2023
- Promote a positive work environment by fostering teamwork, open communication, and employee recognition initiatives.
- Managed 12 team members & enhanced overall team performance by providing regular coaching, feedback, and skill development opportunities.
- Established clear performance metrics for the team, which helped in tracking progress towards setting targets effectively.
- Reduced waste and pursued revenue development strategies to keep the department aligned with sales and profit targets.
- Met the target for receivables 100% monthly.
- Collaborating with other departments leads to streamline workflows, improve interdepartmental coordination, and achieve business goals collectively.
- Conducted regular progress reviews with individual team members to identify areas for improvement and guide career development opportunities.
- Served as a role model for the team by demonstrating commitment to excellence, professionalism, and adherence to company values at all times.
Sr. Specialist Collections
XPO Logistics
05.2021 - 07.2022
- Identified areas in need of critical improvement and implemented strategies to achieve targets.
- Drove change with ensuring weekly reviews and through ensuring quality-oriented strategies to help operations accomplish ambitious short- and long-term goals.
- Established strong working relationships with clients through exceptional customer service and proactive communication efforts.
- Oversaw the $8.4M OAC for the region, handled all escalation calls of the customer in absence of the lead.
- Collaborated with cross-departmental teams in developing cohesive strategies aimed at achieving long-term organizational goals.
- Negotiated contracts with vendors, securing favorable terms that benefited the organization's bottom line.
- Fostered culture of continuous improvement, leading by example and encouraging innovation at all levels.
- Improved client satisfaction by customizing service delivery approaches according to unique business needs.
Sr. Business Development & Customer Service a Part of OTC
Maersk Line Limited
02.2018 - 05.2021
- Self-motivated, with a strong sense of personal responsibility.
- Excellent communication skills, both verbal and written.
- Proven ability to learn quickly and adapt to new situations.
- Skilled at working independently and collaboratively in a team environment.
- Managed time efficiently in order to complete all tasks within deadlines.
- Passionate about learning and committed to continual improvement. Delivering 100% of the work assigned.
- Worked well in a team setting, providing support and guidance.
- Worked flexible hours across night, weekend, and holiday shifts.
- Strengthened communication skills through regular interactions with others.
- Adaptable and proficient in learning new concepts quickly and efficiently.
Executive & Customer Service
Fareportal
02.2017 - 02.2018
- Boosted client satisfaction by developing and maintaining strong relationships through effective communication.
- Managed multiple accounts simultaneously while maintaining organization and prioritizing tasks efficiently.
- Trained 5 junior team members on best practices for accounting executive responsibilities, fostering a collaborative work environment focused on continuous improvement.
- Delivered informative presentations to potential clients, showcasing the unique value of products or services offered.
- Maintained up-to-date knowledge on product offerings, ensuring accurate representation during sales pitches or negotiations with clients.
- Established long-lasting relationships with key decision-makers within client organizations, solidifying the company’s reputation as a trusted partner in their respective industries.
Sr. Business Development & Customer Service
India Travel Company
05.2014 - 12.2017
- Assisted with day-to-day operations, working efficiently and productively with all team members.
- Worked effectively in fast-paced environments. Ensuring the KPI are met with 100% deliverables sent on time.
- Demonstrated respect, friendliness, and willingness to help wherever needed.
- Ensuring the customer receives the services on time.
- I am skilled at working independently and collaboratively in a team environment.
- Managed time efficiently to complete all tasks within deadlines.
- Proven ability to learn quickly and adapt to new situations.
- Excellent communication skills, both verbal and written.
Education
Master of Business Administration - Marketing
UNIVERSITY OF PUNE
Maharashtra, IndiaBachelor of Business Administration - Marketing
UNIVERSITY OF PUNE
Maharashtra, IndiaSkills
Strategic business development
Export and import consultation
Driving revenue growth
DSO improvement strategies
Strategic decision-making
Strategic development
Process optimization
Collaborative team management
Accounts receivable management
Proficient in USGAAP & IFRS compliance
Financial audit
Cash Flow
Finance Credit Control
Process optimization
Root Cause Assessment
US-GAAP compliance
Interests
Boxing
Timeline
Team Lead North America
NielsenIQ
08.2022 - 07.2023
Manager – APAC, North America, WE & EEMEA Region
NielsenIQ
07.2022 - Current
Sr. Specialist Collections
XPO Logistics
05.2021 - 07.2022
Sr. Business Development & Customer Service a Part of OTC
Maersk Line Limited
02.2018 - 05.2021
Executive & Customer Service
Fareportal
02.2017 - 02.2018
Sr. Business Development & Customer Service
India Travel Company
05.2014 - 12.2017
Bachelor of Business Administration - Marketing
UNIVERSITY OF PUNE
Master of Business Administration - Marketing
UNIVERSITY OF PUNE
Professional Training
- Ms. Office
- Export and import.
- Preparing for Sales Contract & Agreement
- OTC Business Cycle
- Forecasting
- Budgeting
- ITC process efficiency.
- MSD- Microsoft Dynamics
- Project Management
- People Management
- Cash flow improvement.
Declaration
I declare that the above-mentioned information is correct up to my knowledge.