Overview
Work History
Education
Skills
Accomplishments
Work Availability
Quote
Timeline
Manager

HERMANJIT SINGH

Trail, BC,British Columbia

Overview

8
8
years of professional experience

Work History

MANAGER

Bundl Technologies Pvt. Ltd
Bangalore
04.2022 - Current
  • Onboarding PAN India clients on Swiggy platform
  • Responsible for finance control, checks, procedures & all validation must in place
  • Dealing with operational issues & bugs to resolve
  • Leading various projects to automate & transforming processes into more efficient way
  • Managed the implementation of projects to streamline operations, reduce costs and strengthen financial controls
  • Responsible for finance support functions
  • Managing Adhoc activities & exceptions on a case-to- case basis
  • Prepare audit reports to management documenting the work performed
  • Reporting revenue reports to management on OB Fees, Ad- campaigns and PAM services
  • Contributed to various process improvement initiatives as requested
  • Resolved escalated issues and identified solutions to avoid repeat problems
  • Managed competing priorities from various teams needing quick turnarounds.

ASSISTANT MANAGER

Bundl Technologies Pvt. Ltd
Bangalore
04.2020 - 04.2022
  • Designing & Implementing systems, policies & procedures and financial analysis to the senior management
  • Automation & Standardization of manual processes at PAN India level
  • Responsible for all commercial negotiations with clients on the rate & other T&C's
  • Financial reporting & analysis of Unit Economics of entire North region
  • Prepare MBR report for my team and report to management
  • Audits- Facilitating financial & operational audits internally & external parties such as
  • KPMG & PWC
  • Forecasting the remittance figures on a weekly & monthly basis
  • Also, projecting the funds to make payments to clients
  • Responsible for supporting NBFC companies to provide loans to our clients i.e INDIFI,
  • Incred, Happyloan...etc to till closer
  • Identifying opportunities to grow revenue and achieve profitability
  • Also, reducing cost both direct & indirect expenses
  • Managed Pan India inventory of delivery executives and worked on SOP for centralization of inventory procurement
  • H
  • S
  • Manual Bandwidth reduced to one employee
  • Swiggy : Created Commission templates & MOU's across all verticals
  • Feature to use digital template for commission change at Pan India Level
  • Facilitate to sign agreement digitally
  • Useful for even Audit control & resolving compliance issues
  • Swiggy: Centralized & automated
  • Inventory project (Upfront payment & inventory management)
  • Wiped-out cities dealing with cash hence only online transactions are accepted
  • Centralized vendor for providing inventory for entire Pan India
  • Dashboard built for inventory management and reconciliation
  • One standard cost applicable across

FINANCIAL ANALYST

Bundl Technologies Pvt. Ltd
Chandigarh
04.2019 - 04.2020
  • Analyzing north cities P/L Reports & planning strategies to obtain a positive outcome
  • Scanning best brands & clients based to convert into Swiggy Exclusive client
  • Analyzed selective accounts which can be upsell & increase the AOV
  • Detailed Analysis of Cancellation cost, discount cost, Swiggy exclusive & IRS
  • Accounts
  • Measuring ROI of the activities undertaken by the Marketing team
  • Taking care of fraudulent cases related to restaurant clients & delivery executives
  • Analyzed on serviceability for "Long- distance orders" impacting negative P&L & accordingly providing a solution to achieve a win-win situation for both client & organization
  • Negociated with vendors & contreoled indirect cost for North region
  • Monitoring budgets of marketing (ATL/BTL), discounts, operations related & HR engagement activities.

SENIOR FINANCE EXECUTIVE

Bundl Technologies Pvt. Ltd
10.2017 - 03.2019
  • Monthly reporting on Accruals, Inventory reconciliation, Cash reconciliation, Petty cash expenses, and budgets reporting
  • Responsible for incentives validation for sales & operations team & reimbursements of all departments
  • Onboarding the clients on Swiggy Platform post validation of all documents
  • Reconciliation of daily online/offline mode transactions
  • Team handled (5-6 members)- Ensuring to get complete task daily/weekly & monthly activity
  • Resolving client queries at front end.

FINANCIAL ANALYST

Ocwen Financial Corporation Pvt. Ltd
Pune
11.2015 - 06.2017
  • Reporting and Analysis of monthly Remittance Reports/Cash
  • Flow Statements & Delinquency information for various Trusts of
  • Ocwen, prepared in accordance with Pooling and service agreement (PSA) on monthly basis
  • Reconciling Outages – Clearing all the outages related to remittance, P&I and T&I accounts
  • Forecasting the funds & revenue part on a monthly basis of portfolios
  • Variance Analysis of the projected and actual cash flow
  • Analysis & comparison of remittance reports to trustee prepared reports and ensure accurate identification & clearing of the variances
  • Cash Sweep Process - This includes preparing daily reports for moving funds from common bank account to Investor wise custodial accounts
  • Process enhancement- Collaborated with In-house automation team & supported to innovate a process
  • Impact-: For entire IR- dept time reduced to 15 minutes from 2 hours to complete a task
  • Investigated significant variances, issued reports and developed corrective recommendations.

Manager

PAN
Bangalore
04.2022 - 06.2023
  • India
  • Swiggy : Digitized Financial details to change for clients
  • Facility to use templates to request for
  • Bank a/c detail / Email ID / GSTIN-PAN & Complete Ownership change
  • Penny drop & API validation services are implemented thus Streamlined the process
  • Controlled revenue leakage by eliminating human intervention
  • Large chunk of bandwidth reduction
  • Swiggy : Automated Upfront
  • Onboarding payment & PAM Services
  • Elimination of manual intervention
  • Process centralized & only digital transactions accepted
  • Easy to reconcile, audit & report revenue in a synchronize manner
  • Ocwen : Process enhancement- One shot 2nd tie-out of financial reports
  • Saved atleast 2-3hours time for an entire investor reporting department on this particular activity
  • Leading Center of Excellence team handling On-boarding process, Partner support functions, reconciliations & especially new initiatives.

Education

MBA - FINANCE & BANKING

CHITKARA UNIVERSITY
06.2016

BTECH - ELECTRONICS AND COMMUNICATIONS ENGINEERING

IET Bhaddal College
06.2013

Skills

  • Financial Planning & Analysis
  • Financial Reporting
  • Process Improvement
  • Automation
  • Project Management
  • Cost Control
  • Negotiation
  • Audit
  • Analytical Skills
  • Leadership Skill
  • Operations management
  • Working Knowledge of (Oracle to
  • TOAD) & Snowflake
  • Experience in Finly & IPAY Software
  • Identify errors
  • Accounts Payable
  • Cross-functional team management

Accomplishments

Swiggy : Settlement reports-Self serve || Swiggy own Application

1. Facilitate to fetch reports (Tax Invoice, Payment advice & Ledger) in a consolidated manner that too on a weekly/monthly & quarterly level.

2. Approx 90% of manual interference illumination.

Swiggy : Automated Onboarding Platform across verticals

1. Plethora of client onboarding types, all validations, exceptions are implemented under one roof.

2. Financial aspects, auto agreement generation, online trainings, API Call between internal dashboards to auto update the details are implemented.

3. Onboarding time reduced from 5 days to 15 minutes.

Swiggy : Digitized Financial details Change Request- Self serve portal for clients

1. Facility to request for Bank account change/Email ID/ GSTIN-PAN & Complete Ownership change.

2. Penny drop & API validation services are implemented thus Streamlined the process.

3. Reduced bandwidth from many to one.

Swiggy : Created Commission templates & MOU's across all verticals

1. Feature to use digital template for commission change at Pan India Level

2. Helped in Audit control & resolving compliance issues as well

Swiggy : TDS Reimbursement (Form 16A) - OCR enabled digitized product

1. Client can file for a year (4QTR certificates) under one transaction. Also, bandwidth reduced to one.

Swiggy: Centralized Inventory project (Upfront payment & inventory management)

1. Wiped-out cities dealing with cash hence only online transactions are accepted.

2. Centralized vendor for providing inventory for entire Pan India

3. Dashboard built for inventory management and reconciliation

4. One standard cost applicable across PAN India

Ocwen : Enhancement-One shot 2nd tie-out of financial reports

1. Saved atleast 2-3hours time for an entire investor reporting department on this particular activity

Work Availability

monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Quote

There is a powerful driving force inside every human being that, once unleashed, can make any vision, dream, or desire a reality.
Tony Robbins

Timeline

Manager

PAN
04.2022 - 06.2023

MANAGER

Bundl Technologies Pvt. Ltd
04.2022 - Current

ASSISTANT MANAGER

Bundl Technologies Pvt. Ltd
04.2020 - 04.2022

FINANCIAL ANALYST

Bundl Technologies Pvt. Ltd
04.2019 - 04.2020

SENIOR FINANCE EXECUTIVE

Bundl Technologies Pvt. Ltd
10.2017 - 03.2019

FINANCIAL ANALYST

Ocwen Financial Corporation Pvt. Ltd
11.2015 - 06.2017

MBA - FINANCE & BANKING

CHITKARA UNIVERSITY

BTECH - ELECTRONICS AND COMMUNICATIONS ENGINEERING

IET Bhaddal College

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