KeySkills ProfileSummary StrategicFinancialPlanning
FinancialOperationControl
Costing&VarianceAnalysis
Audits&Inspections
Budgeting&Forecasting
CashFlowManagement
WorkingCapitalManagement
RevenueAssurance,CreditControl
TeamBuilding&Leadership
Dynamictake‐chargechangeagentwithprovenskillsinimprovingfinancial&accountingoperations,impactingbusinessgrowth&maximizing profits through financial management, costreductionsandinternalcontrol
Exhibited excellence in improving receivables substantially atEurekaForbesLtd.&EnerconIndiaLtd.
Expertise in Investigative& ForensicAccounting for trackingsystematicmalpracticesintheorganization
Possess sound knowledge of legal process though practicalinteractionwithattorneysincludingarbitrationprocess
Excellentinleadingtheorganization’sfinancialoperationsbyworkingcloselywithDivisionCEO/CFO/MDindevisingafinancialstrategythatsupportsthecompany’sbusinessstrategy
Extensive experience in Revenue Assurance & Credit ControlthroughForecasted&BudgetedCashFlow,AgeingAnalysisandVarianceAnalysis
Directed financialanalysis, internaland regulatory reporting,accounting operations and budgeting that led to long‐termimprovementsincostsavings,profitabilityandproductivity
Proficientinworkingcapitalmonitoring&controlbyanalyzingagewise inventories, vendor ageing,product costing an costcenterreportingfor(OPEX&CAPEX)
Aversatile business acumen in leading andmanaging the financeoperations
Education E‐MBA (Finance) from My B Skool, BangalorecontentdevelopedbyIIM‐Ranchi,2014
CAfromICAI,Mumbai,1998 B.Com.(Hons.)fromUtkalUniversity,Odisha,1992
CareerTimeline
BIJAYKUMARMISHRA
VisionaryCharteredAccountantwith23YearsofRichExperience
FINANCIALANALYSIS~BUDGETING&[email protected],[email protected] +91‐9820416634,+91‐9821116772
Jan’93‐Dec’97
S.B.Wakharkar&Co.MumbaiasTrainee
IngramMicroIndiaLtd.,Mumbai
asCorporateAccountsManager
Sep’06‐Apr’08
EurekaForbesLtd.,MumbaiasHeadAccounts&
Finance
Apr’08‐May’10
WorldIndiaLtd.,MumbaiasAGM–Accounts
May’10‐Sep’14
SinceSep’14
FinaccSolutions&AcademyofRobotics,MumbaiasAssociate
DekshaDesignStudioPvt.Ltd.,
MumbaiasManager‐Finance&
Jan’98‐Dec’04
RelianceCommunicationLtd.,MumbaiasManager‐
Commercial
Dec’04‐Sep’06
WorkExperience
SinceSep’14May’10toSep’14Apr’08toMay’10
FinaccSolutions&AcademyofRobotics, MumbaiasAssociateWorld India Ltd., (Formerly Enercon India Ltd.) Mumbai as AGM –AccountsEurekaForbesLtd.,MumbaiasHeadAccounts&Finance
KeyResultAreas: Closing of monthly accounts by circulating /monitoring checklist formonth close input and reviewing of financial results and put up forreview by senior management; Maintaining accounts in SAPenvironment
Preparingthefollowingkeydocuments:o Operational/Divisional P&L statement, and revenue recognition,
commercialconcurrencethroughPOrelease,SESreleaseetc.o AOPandmonthlyRollingForecasto ProductwisecostsheetwithYOYtrends
Reconciling monthly balance sheet balances with supportingschedules. Ensuring compliance of company policy related to SalesReturnReserve,Bad&DoubtfulDebtsandInventoryReserve
SOXcomplianceslikeinternalcontrol,documentation&puttingupfornecessaryapproval
Monitoring the actual performance versus forecast & budget andanalyzingcostoverrun&cashflowvariance
Presenting variance of budget & actual statements‐Profitability,Revenue, Expenditure, Cash flow, Revenue collection, and Capex &vendorpaymenttoTopManagement
Evaluating CAPEX proposals and authorizing payments related toOPEX&CAPEXthroughSAPcommercialconcurrencemodel
Engaging in the following activities related to Working CapitalMonitoring&Control:o Analysis of age wise inventories, vendor ageing and prioritizing
vendorpaymentso Scrutinyoffundsutilizationstatemento Ageinganalysisofadvancestovendorsandfollowupforclearance
ofthesameinbooks Controllingcostperunitateachbranchlevelforspecificexpenseslikerent,salaryandtravel&utilityexpenses
Calculating O&M cost per unit of generation and presenting tomanagement
AssistingCEOforcommercialcontracttermfinalizationbyshortlistingvendors includingPOrelease inSAPaswellasprocurementteamforvendorratefinalization
Periodic Performance health check of organization throughprofitability, budget vs. actual & cost per unit through VendorProfitability Analysis, SBU Profitability Analysis, Branch ProfitabilityAnalysis,GrossMarginAnalysisandOver run reporting for (OPEX&CAPEX)
Trackingmovement of non‐moving, damaged and repairable inventories;assistingoperationteamforscrapdisposal
SpearheadingRevenueAssurance&CreditControlactivitieslike:o Checkingcollectionvs.forecasted&budgetedcashflowo Categorizingofreceivableswithcleanreceivable,receivablewith
disputesandnon‐collectablereceivableso Highlightingthepotentialcollectionriskofdebtorsmovingto
higherageingbucketsbycategories Leading cross functional team frommarketing/operations to resolvedisputes with customers and convert disputed amount to clean
receivables Releasingsalesorder forbilling&trackingrevenuebillablevs.billed;earnedandunearnedRevenue
Evaluating credit worthiness of customer and setting credit limit ofeach customer after completing necessary documentation and doingthenecessarycreditinsuranceformalities
Fillinglegalcasesanddrafting&authorizingsolicitorsforsendinglegalnoticesfor138cases,summarysuits
Meetinglegal&doubtfulcustomerstoworkoutacompromisetoclosedisputedcases
Highlights:
Improved and executed strategies and processes, accomplishingcorporategoalsandprofitability
Established and implemented internal control disciplines tomaintainintegrityandaccuracyoffinancialreports
Implemented system automation by scanning real time retrieving ofvoluminousdatabycreatingDataBaseManagementSystemasusuallyusedinbankstoreduceTATforpaymentprocess
ImplementedERAandprepaidcardsystemincludingtrackingthereof
PreviousExperience
Sep’06toApr’08 Dec’04toSep’06 Jan’98 toDec’04 Jan’93toDec’97
IngramMicroIndiaLtd.,Mumbai asCorporateAccountsManager RelianceCommunicationLtd.,MumbaiasManager‐CommercialDeksha Design Studio Pvt. Ltd., Mumbai as Manager ‐ Finance &Commercial
S.B.Wakharkar&Co.MumbaiasTrainee PartTimeAssignmentSinceDec’15SinceApr’15
KohinoorBusinessSchool,MumbaiasVisitingFacultyAcademyofRobotics,MumbaiasVisitingFaculty(Impart training to Corporate Executives on Finance for Non‐FinanceManagers,AccountsReceivable/Payable)
ITSkills Tally,SAP,MSOffice
PersonalDetailsDateofBirth:10thJanuary1972Address:B‐802,PalmSprings,Sector‐7,Airoli,NaviMumbai‐400708LanguagesKnown:EnglishandHindi
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