Debasish Ray Email & Phone Number

Mumbai, Mh, In

Mumbai Area, India

SHUBHALAKSHMI POLYESTER LIMITED (Polyurethane division of SPL Group), Mumbai Nov 2018 Till DateAssistant General Manager - Finance & AccountsManaging all Accounts Payable activities in Polyurethane business of SPL GroupReporting to VP FinanceRoles and Responsibilities:Managing all invoice processing and Payment related activitiesEnsure all import and export related duty and CHA expenses are paid on timeResponsible for labour payments and factory related expenses incurred in plants in pan India basisMonitoring GST and TDS from accuracy and compliance perspective Implement effective automated payment mechanism for Raw Material, Service and MSME vendorsEstablish control check and standard procedure (SOP) to maintain the accuracy and improve on time payment percentageLeading a project to improve PO base invoice and minimize the exception (NON PO)Analyze the RPN of the process and generate new ideas to improve the quality of workCreate a healthy work environment to increase the motivation of the team membersArrange different training program for skill development and create multitasking teamShare various reports and dashboard as per the requirement of the senior managementConduct and assist Audit (internal / external) on timely basisAP automation and implement ARIBA to reduce processing time and operating cost

Mumbai Area, India

Complete AP and GL (Reconciliation) transition for SG, HK and ID entities from Huntsman China to IndiaProcess stabilization and continuous improvement to sustain the growthEnd to end ownership for all Accounts Payable activities in concern entity (Hong Kong, Indonesia and Singapore)Oversee and Guide BPO Team (from Client perspective) to manage accuracy and timely processing of over 36000 invoices per month to achieve the organizational GoalResponsible to review monthly SLA report, dashboard and quality Matric for concern BPO and share the same in Operation Committee MeetingRaise Dispute with business/supplier and PO/GRN creator for any discrepancies found/escalated by BPO supervisors related in invoices posting, like duplication, overlapping, incorrect billing or price/quantity variance in 3 way matching processProvide approval as required for Payment, Reversal, Urgent issue / escalation etc.Setup effective control to release outgoing payment as per compliance and guideline in accordance with company policySupervise to analyze vendor advances and GR/IR clearing to ensure all advances are cleared on timely basisAccountable to review (2nd level) GL Reconciliation and upload in Fin-recon data base within the stipulated time, also ensure all aged items are cleared with the pending invoices or through write off / write back proposal as requiredGuide the team to handle the escalation from Business, BPO, Supplier and from different stakeholdersHandling all audit related queries and ensure that proper documentation be maintained in compliance with auditPrepare / review the monthly deck and management report on timely basisAppraise and motivate the team with SMART goalReview and Approve the changes in SOP prepared by BPO teamLead GST implementation project across all company code and platform related to India BusinessOrganize and provide training to BPO processor, supervisor and training team to process GST related invoice in SAP system

Mumbai Area, India

Roles and Responsibilities:• Accomplish General Ledger Activities and GL Transition for BancTec US Entity• Ensure all Accrual, Reversals and Prepaid Amortization JE’s has been made for US and Canada Entities• Accountable for Project Creation, Addition, Deletion and setting the rule in Project Settlement as requested by PMO• Responsible for Intercompany transfer and all Re-class activities as a corrective measure• Additions, Acquisition, Retirements, Transfers and Adjustments of Fixed Assets• Submit the Expense reports in the first half of the month for payroll processing• Handle all Recurring activities – provide approval and run recurring documents in SAP • Review and Approve all Prepaid and Accrual Accounts (US and Canada) Reconciliation for PL and BS• 100% Audit for all JE’s before approval• BPC reports review and variance analysis for concern GL, CC and PC, also resolve the queries for all stake holders• SOP and Process Map creation and review for the concern entity• Work with different process owners across functions and other stakeholders to identify key process risks, identify andestablish automated / manual controls to monitor business processes through TG1, TG2, TG3 and TG4.• Analyze control alerts to initiate and track actions on alerts received from established controls• Implement FMEA effectively to improve the RPN and proper RCA for any major difficulties

Mumbai Area, India

AP Activities:Handling Accounts Payable Process (IP and Payments) for Vanco and Flag Entity.Raise Dispute with CS and Escalation team for any discrepancies found in the invoices like duplication, overlapping, incorrect billing or price/quantity variance.Publish daily Ageing report and discus the same with client on daily calls.Maintain daily Cash Book and prepare forecasted cash flow on regular basis.Suppliers account reconciliation, maintain customers files and perform credit check, when necessary.Prepare monthly SLA report & dashboard and share the same with internal and external authorities.Setting-up internal reporting system and prepare need based MIS reports for monitoring movement of key business indicators to facilitate decision making and fruitful dissemination of information; involved in the preparation of various details relating to productivity, accuracy, compliance and people churn.Always maintain a good interpersonal relationship with the team which helps to retain all key resources with lowest attrition rate in the process.Conceptualizing & implementing regular standards of general accounting functions; leading efforts across coordinating with internal and external auditors, compliance team for audit scheduling, clarifications and carrying out audits. Improve working procedures and set up internal controls as required.GL Activities:Complete month end roll forwards.Prepare Financial Statement & schedules for all entities.Tie various legal entity trial balance loads to consolidated general ledger.Assist with accounting for non-recurring transactions and review of qualification of costs in accordance with policy.Forecasting of costs associated with Non-Recurring projects.Approve journal entries and post transactions.Preparation of balance sheet fluctuations analysis.Provide research, guidance and technical memos to worldwide businesses and business function.Preparation of Group Reporting MIS.Preparing Cash Flow on daily basis.

Mumbai Area, India

Team Leader – Finance & Accounts (Ops)• Designation – Team Leader (Ops)• Manage a group of 22 team members• Area covered – AP, AR, OTC, Profitability Analysis, Training and Development, Operations• Reporting to – Manager

Kolkata

Accounts Executive:• Instrumental in clearing statutory payments and vendor bills before due date to save LPC.• Ensuring proper pay out through checks on employee’s expenses.• Participated in well-planned negotiations with vendor to get competitive price. • Making capital commitment statements of vendor as per budgets and provisions.• Handle Daily Accounts (Receivable & Payable).• Assure accurate and timely payment to the Vendors.• Coordination for payment with all branch administrators, employees, Vendor, Sub Contractor, Etc.• Prepare Monthly/Yearly Commission Statement and managed commercial matters.• Preparation and finalization of various accounts and statements (TB, P/L and Balance sheet).• Maintained all sales, purchase and petty cash vouchers.• Coordinate with the relevant stakeholders to ensure timely identification of training needs and training delivery.

Pgdbm, Finance, General, B

Master'S Degree, Accounting And Finance, 2Nd