Velavan Kandasamy

Muthalagu Finance is a gold loan company having its headquarter at Madurai (sister concern of BEST MONEY GOLD). Working as AGM for OD Recovery Team.

Assistant General Manager - M/s Muthalagu Finance Pvt.Ltd.(BMG) - Madurai

(2024-01)

Muthalagu Finance is a gold loan company having its headquarter at Madurai (sister concern of BEST MONEY GOLD). Working as AGM for OD Recovery Team.

Assistant General Manager - M/s Susee Finance and Leasing Pvt.Ltd. - Madurai

(2021-03 - 2023-12)

M/s Susee Finance, a Madurai based Company, is having 28 branches in South Tamil Nadu. We are into sales and financing of Used two wheelers, four wheelers, insurance, etc.

• In charge of all the operational functions of the company
• Visit all the branches on monthly basis and control them
• Taking care of both business and collections of the Company
• 2 Regional Managers and 4 Divisional Managers are reporting to me
• Reporting to MD/President
• Responsible for launching new branches. Right from Survey to inauguration of the branch (finding the right place, Providing infrastructures, recruiting man power, etc)

Cluster Manager – Coimbatore region - M/s ICL Fincorp Ltd. - Coimbatore

(2019-09 - 2021-02)

ICL is a Kerala based Gold loan company. Core product is Gold loan and other products are Non convertible Debentures, insurance, tours and travels, etc.

• Responsible for all the 4 branches in Coimbatore

Sr. Cluster Manager – Credit and operations & cross sell - M/s Bajaj Finserv - Palakkad

(2018-06-19 - 2019-06-30)

Responsible for all Credit and operations and cross sale of below 10 Branches in Kerala: Palakkad, Chalakudy, Cherpulaserry, Irinjalakuda, Kodungaloor, Mannarkkad, Ottappallam, Pattambi, Vadakencherry and Valancherry. (Base location : Palakkad – visiting all the above Locations in regular intervals)

• Responsible for all cash and petty cash transactions
• Underwriting of all files (Consumer Durable files and Personal Loan Cross Sell files)
• Solving all Customer service challenges
• Achieving the given targets (PLCS, FD, Insurance, SME)
• Also in-charge of Gold Loan team which consists of appraising, documentation, acquiring of customers, etc. Fully aware of gold loan process and practically have knowledge in gold loan
• Dealt with Fixed deposits and insurance (medical and vehicle) - Acquiring customers and maintaining existing customers

MANAGER – CENTRALISED OPERATIONS - M/s BAJAJ FINSERV LENDING - Pune

(2012-09-18 - 2018-06-18)

• SLA Manager for Customer Refund Process - This is a pro-active Refund Process. In this Process, customer need not wait till his gross Tenure is completed. After his completion of Net Tenure (net of EMIs), if any genuine excess is available in his SOA, that will be refunded.
• To refund the excess unadjusted amounts in matured LANs of Customers
• Sampling the checked refund cases and approving the refunds
• Checking refund cases more than Rs.5000/- and getting approval of HO
• Disbursement of refunds to Customers
• Making SD refund
• SLA MANAGER FOR TRADE ADVANCE TO DEALERS PROCESS - In this process, we disburse Trade Advance to our Dealers (Regular and Ad hoc for Festivals)
• After risk approval, documents are obtained from Dealers
• Facilities are authored and Trenches prepared
• Trenches are checked and payments authorized and downloaded
• Disbursement File authorized and batches created And auth1 done and given to Disbursement Team For further processing (Payments to Dealers)
• SLA MANAGER FOR DISBURSEMENT PROCESS - In this process all payments (HTS/STS/DEALER Payments) are disbursed through HDFC Bank & ICICI Bank for Batches received from various sections (after Auth1), Auth 2 is done and then uploaded in Bank site
• Then these Batches are authorized by Level 1 & Level 2 Authorizers in HO
• Then the payments get disbursed
• UTR prepared by EOD and published
• PRE-HEALTH CHECK HOLD - Was the SLA Manager for this Process
• Curing of pre-health check held ECS Mandates
• SYSTEM HOLD & PDC HOLD - Cleared system hold and PDC hold files
• VAULTING PROCESS - SLA Manager for this vaulting process
• Monitoring whether the processed Files are properly sent to PNW for inventory
• Monitoring whether the files are scanned and are available in the Portal

Area Manager – Flow Collections - M/s BAJAJ FINSERV LENDING - Mysore

(2011-09-01 - 2012-09-17)

In charge of Collection Functions of Rest of Karnataka (Mysore and Mangalore)

• To achieve collection targets of the Area, ensuring meeting PI Targets, meeting the Target on Cost of Collections
• Control bucket flow cases and focus on non-starters
• Ensuring audit queries are complied with
• Constant evaluation of Collection Managers, DCTs and agencies
• Visit Random customer
• Ensuring legal guidelines are complied for entire collection structure in letter and sprits
• Ensure that the collection agencies and executives adhere to the legal guidelines provided by the law in force
• Recruiting and monitoring collection agencies and collection executives to identify fraudulent practices and ensure that no loss is incurred due to such activities
• MIS Reporting- daily, weekly, monthly and yearly

MANAGER – CREDIT - SF - M/s BAJAJ FINSERV - LENDING. - Bangalore

(2008-01-03 - 2011-08-31)

CREDIT AND OPERATION FUNCTIONS of Bangalore Branch

• Reappraisal of Files
• Approval of PLCS files
• Delivered desired TAT and Approval rate
• Implemented new policies and processes
• Coordinated with internal and external Agencies
• Coordinated with HO & various Departments
• Helped in planning & recruiting Man-power
• Vendor Management
• Healthy relations with employees
• Maintained quality of files
• Handled cash of the Branch
• Taken care of customer service
• Handled accounting functions

General Manager – Finance & Accounts - INDRA MARSHALL OIL ENGINES - Indore

(2006-10 - 2007-12-31)

Overall in-charge of this, oil engines, pumps and compressor manufacturing company (non-technical and commercial).

• This includes, Accounts, Stores, Purchases, logistics, Sales, Sales Tax, Central Excise, Personnel, etc.
• Coordinating between Management & employees
• Coordinating with suppliers and customers
• Coordinating with consultants, auditors, etc.
• Coordinating with dealers & sales personnel at various Places
• Any other commercial activity
• Reporting to CEO

Manager – Accounts & Administration - AGRAWAL INDOTEX LTD. - Khandwa

(2005-02 - 2006-10)

In-charge of all accounting and administrative functions of this Yarn manufacturing company which includes, accounts, stores, administration, sales tax, central excise, cash and bank activities, logistics and all other allied commercial activities to achieve the desired production smoothly

Sr. Accountant - ASHWIN POULTRY FARMS(INDIA) P.Ltd - Indore

(2003-11 - 2005-02)

This is a Poultry Feed Manufacturing co having its own Poultry farms in large scale in Tamil Nadu and having its Branches in Karnataka, Andhra Pradesh, Pondicherry, Chattisgarh and West Bengal and its total turn over is Rs.200 crores per year. I was in-charge of its Indore Branch for its all non-Technical and commercial activities which includes Accounts, administration, purchase, sales, stores, logistics, Coordinating with Head Office at Tamil Nadu and coordination with all other branches for their feed requirements and all other commercial activities.

Manager – Accounts - SRINIVAS FINE ARTS LTD. - Bangalore

(2000-04 - 2003-11)

In-charge of all non-technical and commercial activities of this state of art printing Unit. This is the latest technology in printing – directly from the computer and the output is the best printing and instant printing using only imported special paper. I was in-charge of all non-technical and commercial Functions of this Co., which includes accounting, Administration, cost control, billing, cash and bank Activities, coordinating with Head Office at Sivakasi, Tamil Nadu etc

Manager - M.P. METAL POWDERS - Pithampur

(1997-07 - 2000-04)

This unit is manufacturing aluminium powder and paste – aluminium power is raw-material for explosives and al. paste is raw-material for manufacturing paints. I was in-charge of all non-technical and commercial activities of this Unit which includes, accounts, administration, local purchase, personnel, stores, logistics, sales tax, central excise, cash and bank activities and all other commercial activities.

Assistant Accounts Officer - INTER UNIVERSITY CONSORTIUM FOR DAE FACILITIES - Indore

(1994-04 - 1997-07)

In-charge of all accounting functions of this Consortium. This includes balance sheet finalization, preparation of Budget and its control, passing of all claims and loans Like vehicle loan, PF loans, TA/DA, medical and Conveyance claims, preparation of all reports to Central Government and getting the books audited by both Statutory and Government Auditors.

Accountant - CENTRE FOR MATERIALS FOR ELECTRONICS TECHNOLOGY - Thrissur

(1991-01 - 1994-04)

In-charge of all accounting functions of this Centre. This includes balance sheet finalization, preparation of Budget and its control, passing of all claims and loans Like vehicle loan, PF loans, TA/DA, medical and Conveyance claims, preparation of all reports to Central Government and getting the books audited by both Statutory and Government Auditors.

Jr. Accountant - AUTOMOTIVE RESEARCH ASSOCIATION OF INDIA - Pune

(1983-06 - 1991-01)

Started my career in this association as Accounts Assistant and learnt all accounting, financial and Audit functions. This includes balance sheet finalization preparation of Budget and its control, passing of all claims and loans like vehicle loan, PF loans, TA/DA, medical and conveyance claims, preparation of all reports to Central Government and getting the books audited by both Statutory and Government Auditors

M.Com - Commerce - Poona University

B.Com - Commerce - Madurai Kamaraj University