KAMAL SATI

 +91-9999195475
 kamalsati@yahoo.co.in

 Profile
Dynamic and results-driven professional with expertise in financial planning, analysis, and strategy development. Proven track record in leading cross-
functional teams to drive financial performance, optimize processes, and implement best practices. Skilled in budgeting, forecasting, and financial reporting,
with a strong ability to analyze complex data and provide actionable insights to support strategic decision-making. Adept at managing stakeholder
relationships and collaborating with senior leadership to align financial goals with organizational objectives. Committed to leveraging financial acumen and
leadership skills to contribute to the success and growth of the organization.

KEY SKILLS

Financial Reporting and Analysis Accounts Payable Analytics

Team Leadership and Mentoring Operational Efficiency Optimization
Process Improvement Initiatives Cross-Functional Collaboration
Budgeting and Forecasting Financial Modelling and Valuation
Cash Flow Management Statutory Compliance Management
Compliance and Regulatory Oversight Risk Management and Mitigation
Business Performance Management Financial Data Analysis

 Employment History

Bioworld Merchandising India Pvt. Ltd. (Shared Services), Gurgaon

April, 2017 - Present
Senior Manager Finance (April, 2022 – Present)
Preparing and presenting financial reports to senior management and external stakeholders, providing insights into organizational financial health.
Developing and implementing policies and procedures for HR, finance, and administrative functions, improving operational efficiency.
Generating accounts payable analytics for senior management, enhancing budget forecasting and decision-making.
Leading a team of 25+ members, ensuring SLA and TAT adherence, resolving process and personal issues, and managing hiring and training.
Creating and maintaining SOPs and process maps, regularly updating them to reflect current practices.
Conducting valuations and monitoring intra-company performance, driving process improvements through innovative solutions.
Managing cash flow and analyzing financial data to ensure liquidity and support strategic decision-making.
Collaborating with cross-functional teams to align financial objectives and monitor compliance with regulations.
Driving cost optimization and system automation initiatives, including ERP upgrades, to streamline operations.

Manager Finance (April, 2017 – April, 2022)

Developed and oversaw financial planning, including budgeting and forecasting, while ensuring compliance with regulations.
Analyzed financial data for trends and opportunities, preparing accurate reports for stakeholders.
Managed cash flow and liquidity, identifying risks and maintaining relationships with banks and investors.
Led and mentored the finance team, collaborating with departments to align financial goals with business strategy.
Supported mergers and acquisitions through due diligence, developed financial models, and participated in strategic decision-making.
Implemented process improvements and leveraged technology to enhance financial operations and reporting.

Assistant Manager Finance, Bioworld Merchandising India Pvt. Ltd.

March, 2013 - April, 2017
Managed end-to-end financial operations, including budgeting, forecasting, and variance analysis to support strategic decision-making.
Ensured compliance with statutory regulations by overseeing accurate and timely filing of GST, TDS, and other tax returns.
Monitored cash flows and implemented strategies for optimal fund utilization, enhancing liquidity and operational efficiency.
Conducted in-depth financial analysis and prepared MIS reports for senior management, facilitating data-driven decisions.
Coordinated with external auditors for statutory and internal audits, ensuring compliance and timely resolution of audit queries.

Senior Executive, Impact Retail Pvt. Ltd., Gurgaon

January, 2009 - February, 2013
Managed accounting in SAP/ERP and Retail Excel, processing OPEX payments based on fund inflow planning.
Performed TDS calculations (deposits, quantity return filing, and issuing Form 16/16A) and handled accounts payable, including petty cash and employee
reimbursements.
Prepared regular MIS reports for management, including margin, inventory debtors, DSR, defective, and payment outstanding reports.
Conducted statutory audits and coordinated with auditors to ensure compliance and accurate financial reporting.
 Led the implementation of financial controls and procedures to enhance accuracy and compliance in financial reporting.
Developed and maintained budgeting and forecasting models to support strategic financial planning and decision-making.
Analyzed financial data to identify trends and variances, providing actionable insights to management for performance improvement.
Managed inter-departmental communications to streamline the accounts payable process and improve overall efficiency.
Coordinated training sessions for junior staff on SAP/ERP functionalities and best practices to improve team productivity.

Senior Commercial Associate, Reliance Trends Ltd., Gurgaon

February, 2008 - December, 2008
Managed vendor payments, reconciliations, and ensured adherence to commercial agreements and compliance standards.
Monitored inventory levels, coordinated with supply chain teams, and optimized stock replenishment processes.
Prepared and analyzed MIS reports to track sales performance and provided actionable insights to senior management.
Implemented cost control measures, reducing procurement costs and enhancing operational efficiency.
Collaborated with finance and operations teams to streamline billing processes and resolve discrepancies.

Finance Executive, Globus Stores Pvt. Ltd., Lucknow

August, 2006 - January, 2008
Led financial planning and analysis for retail operations, providing actionable insights to regional leadership for strategic decision-making.
Oversaw cash flow management, ensuring sufficient liquidity for operational needs and aligning with corporate financial objectives.
Developed and maintained accurate financial records, including reconciliation of ledgers, payroll processing, and compliance with statutory regulations.
Coordinated with internal and external auditors to ensure timely financial audits, achieving zero compliance violations over two fiscal years.
Enhanced financial reporting processes by implementing new accounting software, improving reporting accuracy and efficiency.

Accountant, Tupperware Authorized Distributor (Awadh Party Sales), Lucknow

July, 2003 - July, 2006
Managed end-to-end accounting operations, including general ledger maintenance, financial reporting, and compliance with VAT, TDS.
Streamlined accounts payable and receivable processes, reducing payment cycle times and improving overall cash flow efficiency.
Conducted financial analysis to track sales trends and monitor inventory turnover, supporting strategic business decisions and improving revenue
generation.
Automated bank reconciliation processes, improving accuracy and reducing reconciliation errors, resulting in more efficient financial operations.
Ensured timely and accurate tax filings, such as VAT and TDS, minimizing risks of penalties and maintaining compliance with regulatory standards.

PROJECT UNDERTAKEN :
On-Site/Off-Site Process Transitions (AP & AR)
Managed the transition of processes related to Accounts Payable (AP) and Accounts Receivable (AR), overseeing both on-site and off-site operations. This
project focused on streamlining workflows, ensuring compliance, and enhancing efficiency in financial transactions.

Campus Drive for Hiring

Conducted a campus drive to recruit new talent for the organization. This initiative involved collaborating with educational institutions to identify potential
candidates, organizing recruitment events, and evaluating applicants to fulfill staffing needs.

Internal Accounting Projects

Led various internal accounting projects aimed at improving financial processes and reporting within the organization. These projects focused on
enhancing accuracy, efficiency, and compliance with accounting standards.

Bringing New Business

Spearheaded initiatives to bring in new business for the organization, focusing on market analysis, identifying potential clients, and developing strategies to
enhance business opportunities and revenue growth.
Negotiating with Clients for New Business
Engaged in negotiations with clients to secure new business opportunities. This involved preparing proposals, understanding client needs, and establishing
mutually beneficial agreements to foster long-term partnerships.

 Education

Master degree in Business Administration (Finance)

University of Allahabad, 2012

Bachelor degree in Commerce

Lucknow University, 1999

12th, Uttar Pradesh State Board of High School and Intermediate, 1996

 Languages
    
English
    
Hindi
  Interest and Hobbies

Travel, Exploring Financial Topics & Discussions

 Awards

Fine Leadership
2023

Basic Details

Gender Male
Relationship Single