Ashok Kumar M Email & Phone Number

Bangalore Urban, Karnataka, India

• Commercial end to end operations for the division.• Leading the customer operations team for the DaaS (Device as a Service) business. (USD 1 Billion pa)• Vendor negotiation, management • Pricing for new deals India and abroad• Commercial Support for business reviews

Bangalore Urban, Karnataka, India

 Responsible for the AP process for the entire Quess Corporation including Group companies Driving vendor compliance on GST, TDS, vendor reconciliations, balance confirmations, book keeping Drive teams to ensure timely vendor invoices booking and payment Driving SAP Hana implementation for the AP track Lead the IFC process implementation P2P function for the corporation.

Bengaluru Area, India

 Responsible for the O2C process for the entire Corporation from Feb 16 subsequently moved to P2P process  Setting up processes and policies for Customer credit control, Sales Funnel, Margins, Provision for receivables, Customer Contract and PO amendments, Unbilled accrual conversions, AR reviews, Collection analysis, and early warnings signals. Drive teams to ensure timely billing, collection accounting and DSO. Billing module implementation across Verticals in India operations. Lead the IFC process implementation for the O2C and P2P, function for the corporation. In the Accounts Payable function, implemented processes for AP ageing, batch processing, GST compliance and reconciliation, Treasury management, Vendor reconciliations and negotiations.

 Responsible for the P&L for the Company, (Size 500 Crores INR) Drawing up annual operating plan  Driving Working capital management and DSO Margin improvements, and deal pricing  Handling all internal, and Statutory Audits  Responsible for all statutory compliances Represented finance at the board meetings

Bangalore

 Overall ownership of P&L for the practices with special emphasis on revenue. Instrumental in setting up cross functional processes to prevent revenue leakage. Turnover 350 Crores pa. Undertaking GL reviews for trend analysis in costs and corrective action as appropriate. Monitoring of key operational parameters, viz. Unbilled, Realization, Utilization, project profitability, Working Capital management for the division. DSO Reduction was significant in this tenure. Managing and development of monthly / quarterly reports for top management consumption. Closure of Statutory, Internal and SOX Audits. Monthly and quarterly book closure for the division. Drawing up annual plan for the division and analysis for deviations Contract Vetting / Risk Mitigation / Pricing

Bangalore Urban, Karnataka, India

 Overseeing general accounting functions including AR / AP, account reconciliation, and cash management.  Formulating budgets, expense & profit, conducting variance analysis and implementing corrective actions; determining the accounts payable & receivable position. Implementing systems, procedures & manuals for managing preparation & maintenance of statutory books of group accounts & financial statements including P&L account and Balance Sheet, Bank Reconciliation Statement ensuring conformance to time, accuracy and statutory norms. Managing development of monthly / quarterly reports for top management consumption. Pricing clearances for bids. Liaising with legal on contract clauses. Drawing up of yearly operational plan for the organization and quarterly targets to sales force, and calculation of quarterly incentives. Preparing reports and agenda for quarterly board meeting, drafting resolutions of board and share holders. Negotiating with the local vendors for better deals (eg. medical insurance for employees and families). Undertaking GL reviews for trend analysis in costs and corrective action as appropriate.

Bengaluru Area, India

 Overall ownership of P&L for the practices with special emphasis on revenue. Instrumental in setting up cross functional processes to prevent revenue leakage. PY Turnover 350 Crores Undertaking GL reviews for trend analysis in costs and corrective action as appropriate. Monitoring of key operational parameters, viz. Unbilled, Realization, Utilization, project profitability, Working Capital management for the division.  Managing and development of monthly / quarterly reports for top management consumption. Closure of queries pertaining to Statutory, Internal and SOX Audits. Monthly and quarterly book closure for the division. Drawing up annual plan for the division and analysis for deviations Contract Vetting / Risk Mitigation / Pricing

Saudi Arabia

Overseeing general accounting functions including AR / AP, account reconciliation, and cash management. Formulating budgets, expense & profit, conducting variance analysis and implementing corrective actions; determining the accounts payable & receivable position.Implementing systems, procedures & manuals for managing preparation & maintenance of statutory books of group accounts & financial statements including P&L account and Balance Sheet, Bank Reconciliation Statement ensuring conformance to time, accuracy and statutory norms.Managing development of monthly / quarterly reports for top management consumption.Pricing clearances for bids.Liaising with legal on contract clauses.Drawing up of yearly operational plan for the organization and quarterly targets to sales force, and calculation of quarterly incentives.Preparing reports and agenda for quarterly board meeting, drafting resolutions of board and share holders.Negotiating with the local vendors for better deals (eg. medical insurance for employees and families).Undertaking GL reviews for trend analysis in costs and corrective action as appropriate.t, Bank Reconciliation Statement ensuring conformance to time, accuracy and statutory norms.Analysing financial statements & preparing reports on performance of company, scrutinizing the processes / procedural breakdowns in systems chain of operational divisions in the organization; handling financial matters including working capital, ratio analysis, capital budgeting and cash flow analysis.Managing development of monthly / quarterly reports for top management consumption.Obtaining pricing clearances for bids.Liaising with legal on contract clauses, protecting company interests.Drawing up of yearly operational plan for the organization and quarterly targets to sales force, and calculation of quarterly incentives.Preparing reports and agenda for quarterly board meeting as well as drafting resolutions of board and share holders.

Saudi Arabia

 Distinction of being selected for Finance and HR activities towards setting up of the operations in Saudi Arabia. Processed monthly payrolls, medical insurance cover for employees and family. Coordinated with compensation and benefits for annual pay revision.  Handled employee travel accounting and settlement, advances, recovery of advances alongwith updated provisions.  Managed development of monthly / quarterly reports for top management consumption.

Bengaluru Area, India

 Overseas Branch accounting.  Onsite salary fixing for employees traveling on long term on assignments, based on broad guidelines.- Employee travel accounting and settlement, advances, recovery of advances, up to date provisions.  Insurance coverage for all overseas travellers. Payroll processing for onsite employees. Successfully established process for advance payment, recovery, monthly and quarterly provisions. Auto mailing system for overdue advances. Initiated MIS reports on billability, realization and receivables. Created a matrix for onsite salary fixation in coordination with HR. Accomplished significant reduction in overseas medical insurance cost, direct improvement on bottom line. Collaborated with local tax consultants abroad for salary processing, compliance Distinction of receiving Six Sigma Training for process improvements as well as Feather in the Cap Awards for the initiatives.

Chennai Area, India

Chennai Area, India

Icwai Final, Business/Commerce, General

Mcom, Business/Commerce, General

Bcom, Finance