Anant Sharma

A Finance Professional With Overall 22+ Years Of Rich Experience Of Which 18 Years In Bpo/Ites Industry
Bangalore, Karnataka, India
Communication Skills, Finance, Business Process Reengineering,
About
Over 18 years impressive success in the IT/Software sector, running company-wide Financial Operations functions and leading global teams for Risk Management,Credit &Collections &,Accounts Receivables with world class results on a consistent basis
Talents
Work Experience
Credit Collections Manager
Finance and Accounts
Full Time May-2010 To Apr-2016 5 years 11 months
Responsibilities
  • Responsible for managing the Global AR & Collections (USD $2bn annually) for the organization at world class standards in terms of delinquency & in line with established guidelines by the CFO office, board & auditors
    Heading the teams spread across India, Poland & US in driving the above on a Q on Q basis consistently
    Providing assistance in developing sound, acceptable credit & collection policies for each region (APAC, EMEA & AMERICAS)
    Assessing delinquent accounts with respective team leads & their teams and providing recommendations for resolution
    Liaising with customers, top management & senior sales management on conference calls & meetings to obtain additional information related to dispute or the delay in closing the issue
    Maintaining cooperative relationship with the Global Sales Divisions to share findings & insights to facilitate effective receivables management
    Examining credit viability on requests for extended terms & evaluating various adjustments or exceptions.
Achievements
  • Played a vital role in maintaining the age of receivables below 1.5% which is even better than world class (previously age of receivables for >90 days late used to be 20% plus)
    Distinction of implementing different strategies like potential age of the receivable, prioritization on $ & age, separate focus on strategic customers, separate focus on mid-size & small customers
    Handled 25 people from different nationalities in three different countries
    Successfully increased productivity from 45% initially to 80% currently, revised various processes & activities and conducted time study for them afresh
Team Leader
Finance and Accounts
Full Time Mar-2004 To May-2010 6 years 2 months
Responsibilities
  • Entrusted with the responsibility of facilitating Corporate Receivables Management & US Sales Tax Management as a part of Finance function for the US region
    Overseeing weekly team reviews & process audits
    Responsible for resolving escalated cases & handling escalations in different LOBs, as & when required to meet the organizational goals of bringing the receivables down to the target
    Executing result oriented collection plans to manage delinquency within pre-set norms and ensuring process of settlement, thereby ensuring approval for all settlement accounts
    Interfacing with the Oracle Credit and Legal & Tax Department on regular basis
    Identifying receivables forecast for the team on weekly basis & putting the plan in place for the team to achieve the targets
    Coordinated with interrelated departments such as Order Management, AR & Cash Applications Team to resolve the issues
    Ensuring people, leave & performance management and conducting six monthly appraisals for the team members
Achievements
  • Successfully reduced overdue collection instances in key accounts by 60% in 2008 through measures such as advanced portfolio management, coverage as per the customer’s time zone, strict adherence to customer’s signed payment terms etc.
    Positively impacted company profitability by managing cash collection and exceeding quarterly collection targets for $500mn of the past 16 quarters
    Undertook several initiatives to eliminate risks in different processes
    Bagged awards of appreciation like Best Team for the Month, Best team of the Quarter.
Team Developer
eFunds International India Pvt Ltd
Full Time May-1999 To Feb-2004 4 years 9 months
Responsibilities
  • B2C Collections from US customers, Risk Management, MIS reporting, Coaching & Training.
Achievements
  • Undertook initiatives for the process of Collections Support, coordinated with Collections Agencies, Attorneys, Credit Bureau & other Financial Institutions across US.
    Ensured fraud prevention & risk management
Customer Service Executive
Customer Relationship Management Delhi
Full Time Aug-1994 To May-1999 4 years 9 months
Responsibilities
  • Actively provided assistance in implementing “Key Accounts Strategy”
    involving categorization of clients into A B & C categories based on their monthly billing patterns, thereby retaining the valued clients.
Achievements
  • Efficiently worked with various key clients entailing Outlook, Dabur India Ltd., Nokia, Price Waterhouse & Coopers, Nasscom and Hyatt Regency Hotels to enhance business with them.
Education
Bachelor of Commerce, Accounts and Finance
Commerce College JaipurUniversity of Rajasthan
1991-1994 Score58%
Extra-Curricular Interests

  • Reading and listening to Urdu poetry and ghazals

Profile Snapshot
Anant is based out of Bangalore & has studied Accounts and Finance, B.Com-Bachelor of Commerce from Year 1991-1994 in CC-Commerce College Jaipur, University of Rajasthan.
Anant Sharma is Skilled in Communication Skills, Finance, Business Process Reengineering and other talents.