Somu Sunder. N

Finance Manager @Zivame

Bangalore, IN

Zivame is India’s premier online lingerie store, featuring over lingerie styles to choose from: bridal lingerie, plus size lingerie, every day wear, shape wear, leisure wear, nightwear and swimwear for women.I was associated with the Company as Manager - Commercial, Domlur -Bangalore and was associated with a team of 14 members.Responsibilities: Inventory Management, Purchase Orders, COGS and Vendor Management.Inventory Management: Handling Inventory with Capacity of 7 lakhs Units Regular stocks audits performed for each Pathway. Picking and putting to adhered and followed as per SOP. Monitoring the efficiency & capability of each team members on the basis of achievement & performance. Streamlining the process & creating new things to developed for the smooth Function areas of business as well as compatible to the team member\'s Ensuring proper documentation for Materials and checks for variances by conducting stock verification. Preparing the Closing stock and inventory item ageing reports on fortnight basis. Reconciliation of internal and external stock transfers.Vendor Purchase orders: Responsible for approving the purchase order issued to different vendors. Coordinate with merchandising team to update the unit price in item masters as agreed and based on margins. Approving for issue of discrepancy purchase orders on verification of materials received at warehouse. Monitoring the pending open purchase orders are closed within due date. Reopening the closed purchase orders on required basis Preparing SOP for the smooth process of warehouse operation COGS: Preparing daily sales and margin report for management. Coordinate with merchandising team for discounts and offers against revenue. Analysing the revenue, discounts, offers and cost the sales segment wise. Brand wise margin analysis on weekly basis. Preparing other reports on monthly basis (B2B, refund, redeemed and Zcoins)

Institute of Cost and Work Accountants of India

Inter, Persuing

Bangalore University

Bachelor’s Degree, Bachelor of Commerce

Accredian

Chief Financial Officer Programme from IIMV, Chief Financial Officer Programme from IIMV