Mayur Shibroor

Head Financial Systems @ IDFC FIRST Bank | Digital Transformation CFO office, ERP Integration. CAIIB, IIM Bangalore - Leadership Development

Role
Head Financial Systems Senior Vice President - Finance at IDFC FIRST Bank
Location
Mumbai, MH, IN
LinkedIn followers
500 followers
Finance & AccountingView LinkedIn profile

About Mayur Shibroor

Over 26 years of experience in Banking & Financial Institutions, Finance and ERP…

Experience

  1. Head Financial Systems Senior Vice President - Finance

    IDFC FIRST Bank

    Apr 2019 — Present · Mumbai, IN

    Responsible for driving automations in CFO function. These pertain to areas covering Vendor Onboarding, Procure to Payments, Receivables, Fixed Assets Management, General Ledger, Employee Reimbursements, Management Dashboards, Statutory and Regulatory reporting. ASP and GSP process automations, leveraging RPA technology in areas of Vendor Invoice processing, reimbursements, various reconciliations and exception reporting. This demonstrates leadership in spearheading the implementation and ability to leverage technology to drive business outcomes.Evaluation of Applications widely used in industry and implementing best fit solutions. Document Ideas into BRD’s, review of FSD’s, Project Development plan, SIT / UAT testing, CAB approvals, Deployment, Change Management, End user trainings.Have been a part of core team during Bank merger. In December 2018, IDFC Bank merged with Capital First Ltd. Played a key role, in overseeing the migration of financials and financial applications, facilitating seamless integration of systems, and ensuring minimal disruption to operations. Challenges included harmonization of Chart of accounts spanning across multiple segment reporting, masters and transactions migration and eventually the process standardization in the merged entity. Implementation of SAP S/4HANA for modules such as FICO, MM, AP, AR, HCM, GRC, FIORI.Experience in implementation of Oracle EBS GL, AP, AR, P2P, FA, GRC modules.Implemented application for Employee Reimbursement with System driven Policy Governance. Industry best solutioning of real time instant payments to employees, contributing to the Banks success.Spearheaded the integration of Central Bank Digital Currency (CBDC) and Core Banking System (CBS) for automated payments, ensuring compliance with regulatory requirements and improving payment efficiency.Leveraged RPA in Accounts Payable, resulting in >50% reduction in manual effort and improved accuracy in invoice processing.

Education

  • Indian Institute of Banking and Finance

    CAIIB, Banking

  • The Institute of Chartered Accountants of India

    CA Inter, Accounting Technician, Accounting and Finance

    1999 — 2002

  • Sikkim Manipal University - Distance Education

    Post Graduate Diploma in Business Administration, Accounting and Finance

    2008 — 2009

  • Sikkim Manipal University - Distance Education

    Master of Business Administration - MBA, Banking

    2008 — 2010

  • The Kelkar Education Trusts Vinayak Ganesh Vaze College of Arts Science and Commerce

    Bachelor of Commerce - BCom, Business/Commerce, General

    1994 — 1999

  • Indian Institute of Banking and Finance

    CAIIB

Skills

  • Accounting
  • Finance
  • Business Analysis
  • Banking
  • Team Management
  • Management
  • Mis
  • Management Information Systems (Mis)

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Mayur Shibroor — Head Financial Systems Senior Vice President - Finance at IDFC FIRST Bank in Mumbai, MH, IN | Unifers