Malini Matani

Finance and accounting professional with 15+ years of progressive experience across the U.S. and international environments, including Controller and Senior Accounting Manager roles. Hands-on experience in financial reporting, month-end close, budgeting & forecasting, cash-flow management, AR/AP, internal controls, audit coordination and finance-team leadership. Managed finance operations for companies ranging from $20M–$40M in revenue and supported U.S. operations of a $500M global organization.

Proven record of improving cash flow, reducing costs, strengthening controls and streamlining accounting processes. US CPA, CMA, Chartered Accountant (India) and MBA.

Controller - Sai CPA Services - NJ

(2025-01 - 2026-03)

• Provided virtual CFO support including monthly financial close for loan covenants, 3-year budgets for loan renewals, and analysis supporting line-of-credit increases.
• Performed business valuations using historical financial statements and projected revenue potential.

Controller - IT By Design Company - NJ

(2022-12 - 2024-10)

Approx. $22M revenue

• Led financial reporting, monthly close, budgeting/forecasting, billing, AR collections, AP, payroll, and management reporting; led a finance team of four.
• Consolidated India and Philippines 13-week cash forecasts to support liquidity and management decisions.
• Improved AR collections and cash flow by 20% through automated ConnectBooster communications; improved billing accuracy and timeliness through system integration.
• Strengthened controls over credit-card processing and recurring AP payments and implemented SOPs that improved efficiency and month-end close.
• Managed IRS audit coordination with external auditor.

Senior Accounting Manager - Garonit Pharmaceutical Inc. - NJ

(2021-06 - 2022-12)

Approx. $40M revenue

• Managed month-end MIS, GL close, budget analysis, inventory, AR/AP, cash management, payroll/401(k), compliance, and audit support.
• Strengthened purchasing and inventory controls through approval workflows, a QuickBooks inventory module, and a robust PO process.
• Converted 98% of vendors to paperless invoicing and transitioned payments from checks to ACH, improving processing efficiency.
• Implemented system-driven time/card attendance, reducing overtime payroll costs by 15%; supported legal matters that resulted in approximately $50K savings.

Senior Accounting Manager - Gloss Studio - NY

(2018-03 - 2021-05)

Approx. $20M revenue

• Managed department-level month-end MIS, GL close, budget analysis, treasury, AR/AP reconciliations, payroll, compliance, and banking/PPP documentation.
• Reduced payroll costs 7–8%, contributing to a 5–6% increase in overall net profitability.
• Built and trained an offshore accounting team; converted 95% of vendors to paperless invoicing.
• Improved collections 25% by reducing 90+ day receivables and strengthening client relationships.

Accounting Manager - KGK Group – Judith Ripka & Gregg Ruth Brands - NY

(2014-09 - 2017-11)

$500M group revenue

• Managed AP/AR, monthly financial statements, GL close, bank/credit-card/intercompany reconciliations, payroll, and HR documentation for two U.S. brands.
• Recovered up to $75K in incorrectly charged client chargebacks and $50K from a customs claim for merchandise lost in transit.

Assistant Manager, Treasury Operations - ICICI Bank - India

(2008-01 - 2010-06)

• Managed and validated Interest Rate Swap transactions in Murex and regulatory reporting.

Financial Auditor - Bureau Veritas - India

(2007-09 - 2008-01)

• Reviewed significant variances and prepared management analysis.

Accounts Executive - Rosy Blue - India

(2006-06 - 2007-02)

• Managed vendor/customer invoices, reconciliations, payroll and HR documentation.

Finance Faculty - TASMAC, Pune - India

(2005-11 - 2006-03)

• Delivered finance presentations and lectures to MBA Finance students.

Chartered Accountant - Accounting - Institute of Chartered Accountants of India

MBA - Finance - TASMAC Pune / University of Wales, UK

B.Com - Commerce - University of West Bengal