Satish Kumar Putta Email & Phone Number

Bengaluru, Karnataka, India

• Incharge of (Sales) Rebates Claims process for APJ & NA regions. Managed a team of 12 financial analysts who helped launch rebate programs, calculate rebates payable to distributors, process payments, book accruals and perform reporting & reconciling activities. • Elevated the rebates process to the next level - the process had many 'manager dependencies'; I persuaded team members to interact directly with stakeholders. Achieved this by working on their communication, confidence, understanding of business drivers (of sales function) and handling of complexity. A sustained focus for a year led to better visibility for team members, improved trust, better collaboration and quicker turnaround times. Ten regions in APJ and two regions in North America benefited from this initiative. • The team managed a spend of approx USD 144 million on a yearly basis; and is now regarded as a repository of process knowledge by stakeholders (auditors, regional sales managers, merchandisers and financial controllers) as far as rebates is concerned.

Kuwait

• Handled all Financial ‘Reporting & Controlling’ requirements for EM TS (Energy Management Transmission Solutions) Division; and actively supported my manager with financial analysis. [The division is a turnkey contractor for Electrical Substations]. • Performed the role of Currency Manager for all the divisions in the company; Single point of contact, in the company, for all Forex relates matters. • Designated as ‘Commercial Project Manager’ (CPM) and handling the commercial aspects of ‘Clean Fuels Project’ and all Closeout projects (for EM TS). [The Clean Fuels Project was a prestigious order for Siemens Kuwait; and was the largest order ever received in the local company’s history]. • The ‘Clean Fuels Project’ team received the Brand Ambassador Award in 2016 for exceptional feedback from Customer (KNPC) for outstanding performance in all stages of the project. The feedback positively influenced the NPS (Net Promoter Score) of Siemens in Kuwait. • Signed off the UAT (User Acceptance Testing) for my division, prior to implementation of VAT (Value Added Tax) functionality requirements, in the SD & MM modules of the SAP ERP System.

Kuwait

• Role (1) – Assistant Manager in Accounting team – supported management in all related processes; performed month-end close; monitored GL related controls; independently handled external auditors; AP, AR and inter-company activities; addressed risk management issues. • Role (2) – Was in-charge of all financing activities, incl. bank account administration, bank facilities management, liquidity management, trade finance exposures and hedge accounting. • As power-user of SAP (ERP) implementation, was actively involved in the migration of ERP system from a legacy system (called EXACT) to SAP for Siemens Kuwait; I handled the FI & CO modules for the company. Developed a deep understanding of the structure, complexity & back-end processes involved. Earned recognition and financial reward for successful migration done well ahead of schedule.• Implemented “PayBAC” in the local company. [PayBAC was a Siemens worldwide initiative on payments and bank account centralization]. As a result of this initiative, over 95% of all payments flow directly from the SAP system to the supplier, without any manual intervention. • Coordinated as the single point of contact, on the functional side, for all SAP related change-requests on behalf of all divisions of the company. • Actively contributed in the financial ‘carve-out operations’ when the ‘Enterprise Networks’ business was sold off to a local telecom company.

• OPEX Analysis & Reporting - supporting the Americas and Asia-Pacific regions of Dell Global Financial Services; • Contributed to MIS Reporting by obtaining a deep understanding of 'financial consolidation tools' of the company - with an objective to reducing operating expenses.

• Managed the EMEA Accounts Receivable (AR) 'bank reconciliation' team – in GFS. The team performed reconciliations of 35 banks across Europe ; • Streamlined Bank Rec & related processes while improvising on controls - a team effort that reflected in an 'exemplary' internal audit rating for EMEA AR. Such a rating was awarded only 6 times in the history of Dell across the globe; • Managed the transition of 17 new bank reconciliations across 4 regions of Europe to Bangalore. The execution of this had nil escalations.

Bengaluru Area, India

Accenture Services Pvt. Ltd. [BPO Division of Accenture]• Managed two teams in the Accounts payable process (‘Retail invoice processing’ team and ‘Indexing’ team); Designated as Team Lead. [Client was a Fortune 500 Petrochemical company that had outsourced many business processes to Accenture]. • Coordinated the transition to SAP environment from legacy mainframe systems – for the entire accounts payable section for the client’s process in Bangalore.

Bengaluru Area, India

Company brief – Part of the TTK Group. Third Party Administrator (TPA) for Health Insurance Services. Designated as Manager – Operations. • Incharge of the “Enrolment Process” – the first critical process of any TPA. Managed a team of about 35 members. • Reengineered the process which resulted in –  Increase in productivity – Scaled up from processing of 180 policies per day to around 1000 per day in three months’ time;  Reduction in delivery time by 20% which subsequently increased the revenue of the company by 20%. (Revenue was linked to Enrolment);  Reduction in rework by 80% when validation checks were implemented.

Bengaluru Area, India

Company brief – Part of the TTK Group. One of the first web enabled services business targeted at the NRIs; Designated as Manager – Commercial • Role: Executive Assistant to the Managing Director; Incharge of the MIS & Commercial functions. • Designed, drafted and maintained the company business plan right from incorporation. • Responsible for costing and commercial issues of products and service offerings; took care of all legal documentation – including company secretarial work. Also involved in procedural aspects of a merger – stock swap, shareholder agreements etc. • Actively contributed to the identification and negotiation of online payment solutions – inorder to enable e-commerce.