Leo Joseph Gounder
Mumbai
Summary
Business-minded Finance Manager promoting more than 14 years of expertise overseeing transactions, Payments and reconciling monthly financial reports. Highly collaborative individual with track record of effectively training and coaching staff members. Offering confidence, team contribution and decision making skills.
Overview
14
14
years of professional experience
1
1
Certification
Work History
Finance Manager
TIAA Global Capabilities Ltd
08.2020 - Current
- Lead a team of 16 members in a high-volume accounts payable and reconciliation department, resulting increase in productivity and a 10% decrease in errors, by providing training, guidance, and mentorship to team members, and conducting performance evaluations
- Facilitating streamlined workflow and process improvements to reduce outstanding invoices and provide resolution in under 30 days; implementing changes that resulted in improvement in collection efforts by conducting a meeting with the entire financial team to discuss the problem and possible solutions
- Improving Accounts Payable process performance by optimizing standard operating processes, reducing invoice discrepancies by 20%, and reducing overdue invoices by 25%
- Supporting testing of Yardi Procure-to-Pay (P2P) system, leading to the implementation of the system
- Meeting and exceeding quarterly performance targets for processing of incoming payments, as measured by the Key Performance Indicators (KPI's) of 27,000 invoices processed with a 97% accuracy rate, by utilizing a combination of teams, technology, and individual efforts
- Identifying potential issues and implementing new policies and procedures to prevent future issues, resulting in a 10% decrease in rework over the period of 6 months
- Uploading and checking of Global Payments and mentoring new vendor set ups, vendor payments hold and other required updates under suppliers.
Assistant Manager
Citigroup India Private Ltd
01.2020 - 08.2020
- Managed and supervised a team of 6 analysts, reviewing and allocating tasks
- Executed vendor setup and payment, administration of bank accounts and account reconciliations
- Investigate the source of payment and investigation of direct debit and direct credit entries
- Reviewed documentation and identified financial discrepancies where applicable.
Assistant Manager
Marsh & McLennan Companies
08.2018 - 01.2020
- Managed team of 16 members responsible for the performance & quality of the Invoice processing and reconciliation activity
- Issuance of Corporate Credit card Globally and performing Reconciliations of expenses
- Monthly reconciliation of high-volume bank accounts
- Collaborated with the Global Process Module (Transformation) team to align and stabilize the process
- Coaching and developing the staff, leading, and motivating as well as performing goal setting, 1-1s, mid-year and year-end staff reviews
- Monitored and reviewed all process at regular intervals and report any lapse in any of the processes
- Take necessary steps to streamline the process and work on process improvement.
Analyst (Subject Matter Expertise)
Travelex India Private Limited
03.2015 - 08.2018
- Transitioned the Australia region Reconciliation and P2P process to India Shared Service Centre which resulted in 20% reduction in head count and 15% reduction in processing costs
- Processed and managed a daily average of 200 PO and Non-PO invoices in SAP, ensured accuracy and compliance with company policies and procedures by verifying applicable documentation and approvals
- Achieved 100% on-time payment to vendors by ensuring the timely posting of invoices
- Automated the invoices processing activity with the RPA team, increased the invoice processing accuracy rate to 100% and decreased the processing time by 15%
- Prepared aging report/checklist and escalation matrix for the team.
Associate
Oracle Financial Services Software Limited
05.2012 - 03.2015
- Cash and position reconciliation between Asset Management Company and the custodians based on CUSIP/ISIN/SEDOL
- Liaising with Custodians/banks and all the counter parties for details
- Responsible for reconciling Blackrock Multi Asset Client Solutions Group, Equity and Fixed income portfolios on a daily basis and resolving the breaks of the same through Aladdin
- Cash Reconciliation is done on end-to-end process with no breaks appearing on the system
- Hence, investigation is done for open breaks like Dividend breaks, Interest breaks, etc
- Ensured that invoices are processed within the guidelines and within the turnaround time
- Auditing of processed invoices to ensure correct input of data before running payment
- Daily running the report and ensuring that all urgent payments are processed on priority basis and also to ensure if the invoices are not been paid already.
Analyst
WNS Services Private Ltd
05.2010 - 01.2012
- Involved in providing intelligence to our clients regarding Corporate Actions happening all around the globe via research which involves valuing the company
- Providing financials from the annual and quarterly reports in order to provide multiples as well as share prices to provide premium/discount on a particular transaction
- Tracking Private Equity websites their portfolios through their investment strategies/criteria
- Preparing Research report on the transaction.
Education
Masters in Business Administration - Finance
Khalsa College
11.2023
Bachelors - Finance
V G Vaze Kelkar College
05.2010
Skills
- Stakeholder Management Expert
- Cash Management Advanced
- Payment Processing Expert
- Vendor Management Advanced
- Reconciliation Advanced
- Accounts Payable Advanced
- Skilled in Yardi, Alusta Basware, SAP, Concur
Websites
Certification
- LEAP 100, 01/01/2023, Present
- Six Sigma Green Belt, 04/01/2022, Present
Languages
Tamil Fluent
Marathi Fluent
Hindi Fluent
English Native
Personal Information
Title: Lead Finance Controller
Timeline
Finance Manager
TIAA Global Capabilities Ltd
08.2020 - Current
Assistant Manager
Citigroup India Private Ltd
01.2020 - 08.2020
Assistant Manager
Marsh & McLennan Companies
08.2018 - 01.2020
Analyst (Subject Matter Expertise)
Travelex India Private Limited
03.2015 - 08.2018
Associate
Oracle Financial Services Software Limited
05.2012 - 03.2015
Analyst
WNS Services Private Ltd
05.2010 - 01.2012
Masters in Business Administration - Finance
Khalsa College
Bachelors - Finance
V G Vaze Kelkar College