Manish Virmani

Director of Finance @ AGCO Corporation

About

I am a results-driven Finance Leader with 15 years of comprehensive experience in Finance, Accounts, Tax, and Shared Services operations. Currently, I serve as the India Finance Controller and Finance Shared Services Head at Agco Corporation, where I have honed my skills in optimizing costs, streamlining processes, and driving efficiency through automation. My role involves developing and refining processes, managing service level agreements (SLAs), and leading process re-engineering initiatives to deliver significant efficiency gains. I adopt a keen customer-centric approach, adept at addressing client priorities and resolving escalations within stipulated turnaround times (TAT). My expertise includes managing senior stakeholder expectations and liaising effectively with senior business leaders, including onshore business partners. I have implemented robust operational processes covering a wide array of functions, including resource planning, stakeholder management, business negotiations, and employee migrations. My ability to identify, formulate, and implement strategies has been instrumental in driving organizational projects, identifying process improvements, and executing automation initiatives that lead to substantial cost savings by reducing manual workloads. I have steered overall accounting operations and audits, encompassing collections, purchases, contract compliance, receivables, deposits, disbursements, payroll, fixed assets, and inventory management. My responsibilities also include controlling cash flow, approving payments, and managing finance-related activities with banks. My proficiency extends to accounts receivable/accounts payable, budgeting and forecasting, financial statements, legal issues, cash flow management, auditing, and taxation. I have demonstrated exceptional capability in managing complex tasks such as spearheading shared service centers and deploying automation solutions, contributing to the strategic growth and operational excellence of the organization.

Country

India

City

Gurugram

Industry

Oil & Energy

Skill

• Strategic Planning & Leadership • Global Service Delivery Management • Stakeholder Management • Risk & Controls Management • Process Re-engineering & Improvement • Workforce Planning & Mgmt. • Generative AI in Finance & Accounting • Analysis & Reporting • Budgeting & Forecasting • Cash Flow Management & Modelling • GBS/FSS Accounting & Reporting • Accounts Receivable & Payable • Tax Compliances (GST, Income Tax, TP) • Month-End Close & Audit/Controls • Fixed Assets & Treasury Management • Compliances (FEMA, ROC, RBI, STPI) • Automation & Digitization in Finance , Tds, MIS, Auditing, Indirect Taxation, direct taxation, Foreign Taxation, Goods & Service Tax Act(GST), Transfer Pricing, Balance Sheets Finalisation, Microsoft Navision(ERP), Handling of Scrutiny Cases of Income Tax, Excise, Sale Tax & Service Tax, Finance, Artificial Intelligence for Business, Business Strategy, Artificial Intelligence (AI), Generative AI, Generative AI Tools, Search Engine Technology, Microsoft Copilot

Experience

Director of Finance

AGCO Corporation

2018-7 - Present · 8 yrs 3 mos

Gurugram, Haryana, India

• Supporting business goals and objectives as a Board Member. • Supervising accounts payable and receivable, general accounting, reporting, system design and implementation, as well as the development of policies and procedures in the role of Shared Service Center Leader. • Delivering strategic recommendations to senior management and obtaining necessary approvals, while supervising the effective execution of approved strategies and ensuring on-time completion. • Evaluating budget versus actual performance and instituting corrective measures through variance analysis. • Tracking cash inflows and outflows and optimizing the utilization of funds through effective cash flow management. • Ensuring adherence to PF, corporate tax, indirect tax, ROC, professional tax, and transfer pricing regulations through tax management. Evaluating Letters of Credit, bank guarantees, import/export documentation, and duty drawback paperwork. • Supervising procurement processes and negotiated optimal terms with vendors. • Examining legal agreements and documents, recommending modifications to ensure compliance with local regulations. Ensuring adherence to FCPA policies within India. • Transforming Shared Services & directing implementation of business strategies across India region with focus on achieving top-line & bottom-line results. • Establishing & setting-up Centre of Excellence, executing right shoring, operations model, resiliency models & service delivery strategy, to facilitate effective financial services delivery.

Chief Financial Officer

Legero Lighting

2015-6 - 2018-6 · 3 yrs 1 mo

Noida, Uttar Pradesh, India

• Crafted systems, policies, and procedures to establish robust controls. • Produced reports that summarized sales, income, expenses, capital utilization and cash flow, aiding in strategic planning and budgeting. Directed preparation of financial statements & reports in accordance with local GAAPs. • Managed daily accounting operations & ensured adherence to applicable regulations. • Collaborated with banks to optimize fund management and ensure prompt payments. • Maintained compliance with PF, Excise, Service Tax, corporate tax, indirect tax, ROC and Customs regulations. • Spearheading the company’s financial planning and budget management operations while managing accounting procedures and reporting conform to accepted accounting principles and regulatory compliance. • Offering value added services w.r.t. Working Capital Management, Fund Flow, Organization Structure Re-engineering, Management Reporting, Budgeting, Bookkeeping, Internal Control, Process Re-engineering initiatives. • Engaged with CEOs on fixing objectives, strategies & business risks associated with their company/ industry.

Finance Rep

Target

2013-6 - 2015-6 · 2 yrs 1 mo

New Delhi, Delhi, India

The premier discount retailer in the United States, consistently positioned within the top Fortune 50 enterprises. A publicly listed corporation on the New York Stock Exchange (NYSE: TGT), with annual revenues approximating USD 30 billion.

Asst. Manager Finance & Accounts

Schréder

2010-3 - 2013-6 · 3 yrs 4 mos

Faridabad, Haryana, India

Global leader in the design, manufacturing and deployment of advanced lighting solutions, encompassing electronically and electrically controlled luminaires and accessories, with a footprint spanning over 30 countries.