Accounts Payable Manager

E-mail: abmt0f@r.postjobfree.com

Pallavi Vedam

Mobile Phone: 219-***-****

PROFILE SUMMARY

Ambitious finance professional with 6 years’ experience in financial analysis, planning, and budgeting. Demonstrated

expertise in and dedication to innovating process improvements that positively affect company profitability. Diversified,

progressive experience in the analysis of financial data supporting

enterprise decision making including financial planning, forecasting, and capital investment.

CORE COMPETENCIES

• Monthly, Quarterly and Annual Financial close

• Complex Financial, Operational and Quantitative modeling

• Financial Analysis and Management reporting

• Standard Margin Analysis

• Profitability Analysis reports

• Financial Forecasting

• Fixed Asset and Inventory reconciliation

• P&L Management

• Short and Long range Forecasting.

• Capital Expenditure Analysis

• Interdepartmental Coordination and Collaboration

• Accounts Payable, Receivable, Invoicing and Payroll

• Expertise in SAP, Oracle financials, QuickBooks, PeopleSoft, Financial modeling in MS Excel, MS Access, MS

PowerPoint and other Microsoft Tools, and MATLAB.

PROFESSIONAL EXPERIENCE

Plant Accountant in Amsted Rail Inc, Hammond IN March 2008 to present.

• Managing the accounting department for fast-paced manufacturing company, a division of the Amsted Industries with

$3 billion in annual sales.

• Part of Amsted Industries SAP FICO group that implemented the new ERP system for Amsted Rail Inc.

• Effectively developed various tools and mid month corrections methods to smoothen the Monthly, Quarterly and

Annual financial close and thus reduced the number of days from 5 to 3.

• Developed financial models, including long-term forecasts, labor cost forecasts, capital expenditure forecasts, key

measurement ratios and graphs, and monthly financial statement models using standard G AAP format.

• Actively interpreted and reviewed financial results with/made recommendations to senior leaders.

• Developed a Monthly/Quarterly Variance analysis tool to ensure expense compliance with the budget.

• Defining scope, estimates costs, time spans, and advisability of engineering projects and capital authorizations,

repairs, replacements, etc., and make appropriate recommendations.

• Developed a Product Quotation Model using activity based costing concept which replaced the Legacy costing model.

• Developed and implemented a new hourly employee incentive program rewarding employees with 20% cost savings

achieved through productivity improvements.

• Facilitated savings through improved communication, giving staff opportunity to take on more responsibility and

improve skills.

• Negotiated price lockdowns with the Electric and Gas companies thus drastically reducing the Energy expenses.

• Commended by CFO for developing model for short term and long-term forecast of sales and expenses to determine

cash requirements.

Accounts Payable Manager ArcelorMittal USA through SATYAM BPO, East Chicago, IN July 2006-March 2008

• Managed the accurate and timely processing of up to 10,000 invoices per month for large, multi-site organization.

Assessed and closed A/P sub-ledger on a monthly basis, validated content and resolved various issues.

• Implemented methods and procedures for monitoring work activities, such as preparation of records of expenditures,

progress reports, etc., in order to inform management of current status or work activities.

E-mail: abmt0f@r.postjobfree.com

Pallavi Vedam

Mobile Phone: 219-***-****

• Developed various reports on the status of payables and determine the amount of credit to be extended and

recommends amount of working capital necessary to finance accounts payable.

• Manages maintenance of accounts payable ledger and adjustment of customer claims.

• Implemented next-generation technologies like EDI to foster an environment of continuous improvement. This

propelled significant and time and cost savings

• Facilitated a “no-fault” internal and external audit as a result of sound record keeping and thorough documentation.

• Develop various reporting tools to effectively process the Check runs, including Ordering of Banks for regular check

cycles and ordering of banks for expense statements and Workman’s compensation checks.

• Provide various report to Cash and Investment of all the Wires received and processed.

• Oversees maintenance of disbursement record retention which requires initiating and reviewing retention schedules

based on knowledge of federal and state regulations

Finance Manager, ERGOS Technology Partners, Houston TX September 2004 –to July 2006.

• Perform complex activities associated with maintaining ledger accounts and developing financial statements and

reports, requiring a high degree of accuracy.

• Provide analysis, review, and approval of complex balance sheet accounts and analysis of financial results and plans.

• Assist in preparing and/or administering budgets and business plans for operating departments. Train and lead a

group or team of less experienced accountants/Clerks.

• Month end close – preparation of journal entries, trial balance analysis, and accounting close.

• Designed and developed weekly cash forecasting and analysis tools.

• Regularly Monitoring Profit and Loss Statements, Ensure proper management of relationships with clients, who have

questions and who are transferred to the finance team and other duties as required.

• Performing duties like Managing A/R, A/P and Collections, Managing, Coordinating and processing Payroll Function,

Bank and Credit Card Reconciliations, Preparation of Financial statements such as Bills, Invoices and statements for

various clients, Vendors etc, using various accounting tools like QuickBooks, Quicken, Microsoft Excel.

• Update the Management and President with General Staffing and Financial Details, Issues and Procedures on a

weekly Basis.

Accounting Assistant, O’Connor and Associates, Property Management company, Houston, TX January 2004 to

August 2004.

• Assist in Accounts Payable and Payroll functions.

• Managed vendor accounts, generating weekly on demand checks.

• Prepared companies tax returns and accounts for audits.

• Administered online banking functions.

• Developed new weekly and monthly sales reports to present to the management.

• Developed a new quarterly variance report.

• Reviewing and Reconciliation of Past due Invoices.

• Setting up the Daily, Weekly, Monthly, Quarterly and Yearly Calendars for various activities including Check Cycle

schedules.

EDUCATION

• Currently pursuing C.F.A (Chartered Financial Analyst).

• B.S in Electrical Engineering, Date of Graduation May2002. Jawaharlal Nehru Technological University, A.P, INDIA.

From August 1998 to April 2002.

RELOCATION NOT REQUIRED

E-mail: abmt0f@r.postjobfree.com

Pallavi Vedam

Mobile Phone: 219-***-****

Contact this candidate