SUMANKUMAR JHA
Thane,India
Summary
Chartered Accountant with 20+ years of strategic and operational finance leadership across global organizations, including Japanese and U.S.-based multinationals. Proven track record of driving financial growth, compliance excellence, and operational efficiency. Currently leading Finance, Accounts, and Taxation at Sysmex India, where I scaled revenues 4x and implemented end-to-end ERP (S/4HANA), e-Invoicing, and GST automation. Adept at aligning financial strategy with business objectives, reducing costs by up to 15%, and ensuring regulatory alignment through international tax frameworks like DTAA. Expertise spans budgeting, forecasting, legal and compliance management, cross-functional team leadership, and new plant financial oversight. Known for building high-performance finance functions and delivering sustainable, scalable outcomes in complex environments.
Overview
24
24
years of professional experience
Work History
Gen Manager Finance, Account & Taxation (Finance Head)
Sysmex India Private Limited (Japanese Subsidiary)
05.2019 - Current
- Lead financial strategy for a $60M Japanese medical diagnostics subsidiary, scaling revenue 4x from $15M to $60M in five years.
- Overhauled budgeting and planning processes, reducing operational costs by 10–15% and enhancing the accuracy and timeliness of financial reporting.
- Managed a 10-member finance team overseeing fiscal administration, taxation, statutory compliance, and regional regulatory matters.
- Devised resource allocation strategies, improving departmental productivity and financial forecast precision.
- Initiated and implemented a Bilateral Direct Tax Agreement (DTAA) with Singapore, reducing tax uncertainty and compliance overhead.
- Spearheaded successful implementation of S/4HANA ERP, e-Invoicing, and e-Way Bill automation, significantly improving compliance health.
- Introduced a revenue forecast and budget monitoring mechanism in collaboration with the sales team to ensure target achievement.
- Oversight of legal matters, including contract reviews and court appearances.
- Actively monitoring the financial and compliance aspects of new manufacturing plant setup.
Sr Manager Account, Finance and Taxation (Finance Head)
Glory Global Solutions Ltd (Japanese Subsidiary)
11.2013 - 10.2017
- Headed India finance operations covering accounts, tax, compliance, and reporting.
- Led long-term financial strategy resulting in 15% growth in product and service revenue.
- Aligned GST rollout with ERP systems, reducing costs by 15–20% and easing compliance.
- Migrated from Tally to QAD ERP, boosting control and visibility.
- Built a nationwide finance network and implemented global internal audit and risk review mechanisms.
Sr Manager Finance (Finance Head)
Resource Global Professionals (NASDAQ Listed)
08.2007 - 10.2013
- Set up India operations including accounting, tax registrations, and full compliance structure.
- Finalized books under IGAAP; developed forecasting models for accuracy and speed.
- Designed and implemented project profitability analysis to enhance margin control.
- Handled all statutory and regulatory finance interactions.
Process Consultant & Articleship
Udyen Jain & Associates, Desai Kinare & Co
01.2001 - 01.2006
- Supported SOX compliance at Tata Motors (Intl Division).
- Performed statutory and internal audits for SMEs and co-operative banks.
- Handled compliance across Tax, PF, Service Tax, FBT, and Companies Act.
Education
Chartered Accountant -
Institute of Chartered Accountant of India
India01.2006
Bachelor of Commerce -
University of Mumbai
Mumbai, India01.2001
Accomplishments
- Drove a $45 million revenue increase through strategic Model implemented at Sysmex India Pvt Ltd.
- Led a project at Sysmex that achieved a $500K annual cost reduction through process improvement.
- Enhanced Sysmex and Glory's forecast accuracy by 20% through sophisticated financial analysis techniques.
- Secured a 100% budget adherence at Sysmex India Pvt Ltd., aligning fiscal strategies effectively with corporate objectives.
Timeline
Gen Manager Finance, Account & Taxation (Finance Head)
Sysmex India Private Limited (Japanese Subsidiary)
05.2019 - Current
Sr Manager Account, Finance and Taxation (Finance Head)
Glory Global Solutions Ltd (Japanese Subsidiary)
11.2013 - 10.2017
Sr Manager Finance (Finance Head)
Resource Global Professionals (NASDAQ Listed)
08.2007 - 10.2013
Process Consultant & Articleship
Udyen Jain & Associates, Desai Kinare & Co
01.2001 - 01.2006
Chartered Accountant -
Institute of Chartered Accountant of India
Bachelor of Commerce -
University of Mumbai
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