Senior Divisional Finance Manager (Iras)
CurrentResponsible for finance and accounts function at Trivandrum division with 10,000 employees, 108 stations & 625 kms of track length. Promoted to ad-hoc Senior Scale grade (equivalent to undersecretary rank to the Govt. of India) in 3 years against the usual norm of 4 years.Leadership:Led a team of 80 to carryout budgeting, financial advising of projects, due diligence, internal audit, inspections, tendering & expenditure control. Spearheaded general management: HR, transfers, pensions, contract management, inspections and legal department.Managed 600 contracts running simultaneously for outsourcing non-core activities in-turn employing 8,000 contractual staff.Led the Electronic Data Processing Center (EDPC) at the division with 4 engineers.Operational improvements:Achieved a savings of Rs.10 crores annually in tenders through negotiations driven by better data on rates. Increased output by 10 % & processed 150 tenders per annum worth Rs.250 crores by developing checklists for faster scrutiny of tender offers.Leveraged an IT platform to reduce the throughput time by 20% & increase transparency by eliminating physical file movement through e-tendering.120 long pending pension cases were sorted out and settled by successfully conducting 2 Pension Adalats.Partnered with SBI and introduced reverse check mechanism to prevent frauds in 10,000 monthly transactions valuing Rs.400 crore.Formulated a plan to save 30 manhours/day & reduce cash in transit time from 3 days to 1 day by using cash pickup service of banks.IT Management & Improvements: Reduced employee grievances by 20%, thereby boosting employee satisfaction by implementing a new ERP package for payroll.Launched a mobile app & website to report inspection notes with features to upload photos, tag concerned officers & SMS alerts.Handpicked by leadership to visit Seneca University, Toronto, Canada as part of capability building effort to implement accrual accounting reforms.