Kailash

Kailash

Impact-driven finance and technology leader with 14+ years at India's largest oil major, operating at the intersection of SAP-led digital transformation, financial strategy, and enterprise risk. A Chartered Accountant and CFA charterholder with a proven track record of building enterprise platforms, driving multi-crore process efficiencies, and partnering with senior leadership on governance and compliance.

Work Experience:

14.2 Years

Industry:

Energy & Utilities

Function:

Data Science & Analytics | Finance | IT & Systems Management

Work Experience

Indian Oil corporation Limited as Fortune 500 Oil and Gas Company, Delhi/NCR

Senior Manager Finance

  • Led 2 end-to-end SAP FICO implementations for IOCL Joint Ventures and Subsidiaries (IGCMIL and Terra Clean); acted as primary SAP FI/CO Solution Manager, interfacing between business users and technical teams.
  • Managed SAP BPC: designed business rules, logic scripts, and master data integrations supporting finalisation of books of accounts with operations exceeding ₹9 lakh crore
  • Managed SAP VIM: implemented custom validation checks and streamlined exception handling for ~1 million invoices and ₹70,000 crore in annual payments.
  • Designed, developed, and provided ongoing support for E-Vidit — a vendor relationship management portal that streamlined vendor interactions, eliminated intermediaries, and delivered annual savings of ₹3.5 crore.

Manager Internal Audit

  • Revenue Correction Generated ₹155 crore in recurring revenue by identifying and correcting the pricing structure across business units.
  • Python Audit Automation – 44 Programs - Developed 44 Python programs automating critical pre- and post-audit activities, reducing manual effort significantly across the audit team.
  • Executed audits spanning the entire IOCL organisational structure — Divisional Offices, Area Offices, Depots, Terminals, LPG Plants, State Offices, Regional Offices, Marketing Head Office, and Corporate Office. Applied a risk-based approach to prioritise locations based on financial exposure, prior audit findings, and operational criticality — systematically examining compliance gaps, revenue leakages, process deviations, and financial irregularities to provide actionable assurance to senior management.
  • Participated in high-stakes corporate audits spanning treasury operations, pricing mechanisms, joint ventures, and subsidiary entities — areas requiring cross-functional financial expertise and rigorous scrutiny of compliance and revenue integrity

Accounts Officer - Pricing

  • Led price checking and invoice validation for operations exceeding ₹20,000 crore annual turnover, ensuring revenue integrity and compliance with approved pricing structures. Coordinated with Higher Offices to communicate any discrepancies.
  • Resolved discrepancies through structured debit/credit note controls, including identification and correction of a ₹2.5 crore LPG VAT misstatement, strengthening pricing oversight and financial accuracy.

Accounts Officer - Main Accounts

  • Led financial closure and trial balance finalisation for operations exceeding ₹20,000 crore turnover
  • Implementation of IND AS to ensure compliant and accurate financial reporting.
  • Directed revenue budgeting of ₹250 crore per annum, allocation, and utilisation monitoring to maintain fiscal discipline.
  • Partnered with government bodies and statutory auditors to ensure regulatory adherence and audit readiness.
  • Strengthened financial controls across multiple locations, managed expense provisioning, and delivered product profitability and transportation under-recovery analysis to support pricing and strategic decision-making.

Accounts Officer - Collection

  • Managed monthly receivables of approximately ₹100 crore from Indian Railways, ensuring timely collection and strong working capital discipline.
  • Successfully recovered ₹1 crore of doubtful debts through structured follow-ups and stakeholder engagement.
  • Achieved 100% collection efficiency in FY 2015 and FY 2017, strengthening cash flow stability and reinforcing revenue assurance controls.

Officer- Fixed Assets

  • Managed payments and asset capitalisation exceeding ₹ 300 crore annually
  • Additional ₹ 700 across 6 large-scale infrastructure projects at Indian Oil
  • Led annual capital budgeting (₹ 300) and forecasting
  • Drove Schedule II implementation to strengthen asset accounting accuracy, depreciation compliance, and audit readiness.

Accounts Officer - Banking and Treasury

  • Oversaw daily bank reconciliations across multiple locations covering 30+ bank accounts, ensuring strong financial controls and timely issue resolution.
  • Directed daily cash flow forecasting and liquidity planning to support seamless partner payments. Managed monthly cash operations involving ₹1,500 crore collections and ₹80 crore disbursements, optimizing working capital efficiency.
  • Collaborated with Head Office and banking partners to strengthen treasury governance and ensure uninterrupted financial operations.

Accounts Officer - Accounts Payable /Vendor Payment

  • Managed vendor payments of 500 crore per annum with full tax compliance (TDS, Service Tax, VAT, Excise)
  • Strengthening statutory adherence and audit readiness.
  • Drove periodic review and closure of vendor open items through cross-functional coordination.
  • Administered employee payments (Other than Salary)for more than 350 employees , ensuring process accuracy and policy compliance.
  • Oversaw settlement and accounting of lubricant credit notes of approx 75 crore per annum, EMDs, security deposits, and bank guarantees, reinforcing financial control and risk mitigation.
Accomplishments
Education
  • Chartered Accountant, ICAI
  • CFA Charterholder, CFA Institute
  • B.Com, Delhi University
Certification
  • SAP S/4HANA – Financial Accounting – SAP SE
  • SAP S/4HANA – Management Accounting – SAP SE
  • Forensic Accounting and Fraud Detection (FAFD) – ICAI (CHECK-FORENSIC or FINANCIAL)
  • Investment Management with Python and Machine Learning – Coursera / EDHEC Business School
  • Finance & Quantitative Modelling for Analysts – Coursera / Wharton
  • Financial Technology (Fintech) Innovations – Coursera / University of Michigan
  • Mathematics for Data Science - Coursera/HSE University
  • Supply Chain Finance and Blockchain Technology- Coursera/New York Institute of Finance
  • Executive Data Science- Coursera/Johns Hopkins University
  • Excel Skills for Business- Coursera/Macquarie University
Extra-curricular