Bijay Suhasaria

About Bijay Suhasaria

Ex Torrent Pharmaceuticals Limited • TK Elevator India Pvt. Ltd.(Formerly known as Thyssenkrupp Elevator (India) Pvt. Ltd.) • Jindal Steel & Power Ltd, • Rexon Strips Ltd, • Agrasen Sponge Pvt. Ltd. Highly successful and experienced in Finance function and Team building and P&L Management. Proven excellence in achieving desired profitability with reduction in cost and achieving significant reduction in collection cycle. Areas of excellence include : Finance Transformation • Retail • Proficiency in designing & implementing systems, procedures & manuals • Cost Management • Finance Strategy & Business Planning • P&L Ownership • Legal and Compliance related matters • Credit Control • Commercial Negotiation • Internal Control • Treasury Function • Team Building and Management • IT Skills- SAP and BI • Audit • MIS Reporting • Budgeting • Best in DSO management • Cross functional team management • Inventory Valuation.Notable Accomplishments Across The Career• Bagged the following awards:o Lowest Overdue Receivables for the FY 2016-21o Highest Earning EBIT% for the FY 2016-21o Best Zone for the FY 2016-17o Executive of the year for 2012-13o Best performing team for the year 2012-13o Outstanding performer of the year 2013-14o Executive of the month for Mar 2010-11 & Sept 2012-13 o Nominated for Business Manager Performer of the Year award-the highest awardo Nominated as the member of ‘Rate Committee’ for contracts finalization by management• Successfully introduced and streamlined pre-audit system. Many controls were implemented resulting in cost saving • Effectively introduced various processes to make the system more efficient, less error prone• Cost saving was achieved to the tune of Rs 32 cr.(recognized by management) during pre and planned audits and in F&A by improving process and controls• Handled various SAP up-gradation projects, like SBU reporting cost allocation, correct valuation type of inventory movement etc.

Experience

1. General Manager Finance

   Reliance Retail

   Jan 2023 — Present · Mumbai, IN

   Taking care of Brands Format under Reliance Retails Ltd.• Reviewed all month end closing activities including scrutiny of General ledger accounts• Review relevant policies / SOPs for the newly designed processes to ensure process risks and controls are sufficiently documented.• System Improvement and process standardization through robust internal control systems• Responsible for Accounts Payable and Accounts Receivable team.• Co-ordinated with Auditors and closure of audit issues.

Education

• The Institute of Chartered Accountants of India

  Chartered Accountant, CA, Finance

Skills

• Management
• General Ledger
• Account Reconciliation
• Internal Controls
• Managerial Finance
• Direct Tax
• Account Payables
• Indirect Taxation
• Finance Controller
• Auditing
• Accounting
• Payroll
• Accounts Payable
• Team Management
• Inventory Valuation
• Finance
• Tax
• Employee Relations
• Contract Negotiation
• Fixed Assets
• Mis
• Internal Audit
• Purchase Orders
• Financial Analysis