Payal Agarwal Email & Phone Number

Mumbai, Maharashtra, India

As a Finance Manager specializing in Credit Control and Internal Control at Moët Hennessy, my role encompasses comprehensive financial oversight, strategic credit management, and ensuring internal compliance aligned with LVMH’s standards.🔍 Key Responsibilities:• Conducting thorough credit assessments and monitoring, including due diligence on customer financials before onboarding and maintaining customer credit insurance levels.• Collaborating with stakeholders on end-to-end collections management and ensuring accurate reconciliation of accounts receivables.• Leading initiatives in internal control, ensuring compliance with LVMH policies, SOP rollout, and continuous process improvements.• Managing banking relationships, ensuring compliance with regulatory frameworks (IDPMS & EDPMS), and coordinating with supply chain teams.• Overseeing secretarial compliance and corporate social responsibility (CSR) initiatives.

Gurugram, Haryana, India

- Led end-to-end sales reconciliations for wholesale and concession partners, enhancing trade debtors reporting and improving reconciliation accuracy. - Spearheaded the monthly financial results and reporting process, driving P&L analysis and meeting reporting requirements, which reduced errors, improved turnaround time, and ensured timely delivery.- Prepared detailed working papers for interim and year-end audits, boosting audit efficiency and leading weekly global debtors calls across EMEA and North America to ensure seamless communication.- Contributed to significant process improvements and ad-hoc projects, achieving cost savings, including securing refunds for dormant store locations through effective negotiation and follow-up.- Led the preparation of GST/VAT returns, collaborating with tax authorities to ensure strict adherence to regulations.- Streamlined month-end journal preparation, overseeing payroll, provisions, and accruals, resulting in a more efficient financial reporting workflow and providing crucial support to international markets across Canada, Singapore, New Zealand, and the US.- Orchestrated monthly finance meetings for teams in India and Australia, fostering a collaborative environment, improving alignment on organizational goals, and enhancing team communication.

Delhi, India

- Led complex restructuring projects for large corporations, successfully navigating regulatory challenges and achieving significant financial recovery.- Oversaw the implementation of new internal controls to enhance financial reporting accuracy and mitigate risks, resulting in a reduction in errors.- Provided strategic advisory services to clients on a range of financial matters, including risk management.- Successfully defended clients in tax audits, resulting in significant tax savings and minimizing penalties.- Developed and implemented innovative solutions to address complex financial challenges, demonstrating strong problem-solving and analytical skills.Specific Achievements:- Led the resolution process for 70+ companies under the IL&FS group, overseeing claims verification and collection.- Improved financial transparency at Jaypee Healthcare Ltd. through cash flow monitoring and concurrent audits.- Enhanced asset recovery for Punj Lloyd Ltd. and Transtroy Tirupati Tiruthani Chennai Tollways Private Ltd. by providing strategic guidance to liquidators.- Streamlined resolution processes through effective management of COC meetings, minutes, and progress reports within timelines.- Contributed to regulatory compliance as part of the Agency for Specialized Monitoring (ASM) for Sharp Mint.- Upscaled team skillsets through the implementation of an internal communication program.- Presented on sustainability reporting - Emerging Issues and Insights on behalf of Sustainability Reporting Standard Board, ICAI.

New Delhi Area, India

- Provided comprehensive audit and tax services to a diverse client base, including multinational corporations and small- and medium-sized enterprises.- Led complex audit engagements and managed audit teams to ensure timely and accurate delivery of services.- Specialized in specific areas of expertise, e.g., internal controls, financial reporting, tax planning.- Implemented innovative audit methodologies to enhance efficiency and effectiveness.- Advised clients on a range of tax matters, including tax planning, compliance, and dispute resolution.- Contributed to the development of new audit methodologies and training programs.

Gurgaon, India

- Conducted statutory audits for prominent clients including United Spirits Ltd., Bajaj Motors, DLF The Aralias, KMG Infotech, and Tricone, ensuring compliance with regulatory standards and delivering accurate financial reporting.- Provided limited review services for clients such as HSIL and A2Z Maintenance and Engineering Services, offering valuable insights and recommendations to enhance financial performance.- Conducted stock audits for RG Stones and United Spirits Limited, as well as sales depot audits at Kalkaji (New Delhi), employing meticulous scrutiny and verification procedures to safeguard client assets and ensure operational integrity.- Gained valuable experience in the accounting and auditing profession through hands-on involvement in these projects.

Chartered Accountancy, Accounting And Finance, All Levels

Activities and Societies: At leadership position at Bharat Soka Gakkai (member of Soka Gakkai International) where I mentor a lot.

Bachelor Of Commerce - Bcom, Accounting And Finance

Activities and Societies: NSS, Teaching , Choreography

Bachelor Of Commerce (B.Com.) Honours, Accounting And Finance

The time spent in JMC was the best. It's a beautiful college with huge campus. I wish I stayed there a little longer .:-)