Resume

Sign in

Management Accounts Receivable

Location:
Toronto, Ontario, Canada
Posted:
January 25, 2018

Contact this candidate

Resume:

BHAVIK SHAH

Scarborough, Toronto, ON. Cell Phone: 437-***-****, Email id: ac36yc@r.postjobfree.com

PROFILE

* ***** ** ********* ********** responsible for all Accounts Receivable/Payable related functions in one of the India’s largest conglomerate with foreign exchange exposure of USD 200 million per annum. Proven competence in Trade Finance & Foreign Exchange Management. Strong problem-solving and communication skills demonstrated in successful resolution of customer billing and related issues. Recognized as a dedicated worker who is driven to meet accounts receivable/payable targets and contribute to the company's profitability.

SKILLS AND COMPETENCIES

End User of SAP system End User of Quickbooks

ERP Software: INFOR-LN, BAAN Proficient in MS-Office

Trade Finance, Accounting & MIS People Management & Networking

Treasury Management Detail-oriented

Foreign Exchange Risk Management Strong Interpersonal and organizational skills

WORK EXPERIENCE

DEV AUDIT & ACCOUNTING INC, TORONTO, CANADA

ACCOUNTS RECEIVABLE/PAYABLE ASSISTANT – NOVEMBER 2017 TILL DATE (PART TIME-ON CALL BASIS)

• Posts Customer payments by recording Cash, Credit Card and Check transactions in Quickbooks.

• Updating Receivables by totaling up Unpaid Invoices.

• Reviewing and verifying invoices and check request for payments.

• Validating Invoice and uploading Invoices in system for payments.

GODREJ & BOYCE MANUFACTURING COMPANY LIMITED, INDIA

AP/AR SPECIALIST – SEPTEMBER 2008 TO OCTOBER 2017

Supervise and processing of all Export-Import documents through system & managing day-to-day relationships with various Banks.

Responsible for Start to end Export Documentation for more than 30 countries.

Cross function team co-ordination with Procurement, Logistic & Clearance team for direct payment documents for timely payment & delivery of original Import documents.

Verifying & Accounting Local Expenses, Travel Bill payments, Lease Rentals Payment, Treasury Expenses

Account Receivables and Payables Management at Corporate Level.

Consolidating Management Information System report and analysis of various weekly, monthly and quarterly reports providing analysis to senior management for effective decision making.

Reconciliation of all Bank Accounts & Ledger accounts.

Drive weekly meetings with all the Senior Purchase & Sales teams across 14 business units to understand the value and duration of the major payables and receivables in respective projects.

Develop and deploy hedging strategies, monitor hedge effectiveness and manage related back-office activities pertaining to Foreign Exchange Forward Contracts.

Accounting of Forward Contract Gain/Losses on hedged & un-hedged transactions.

Work actively with all the Treasury teams of various banks to understand the prevailing currency rates and cash flow management.

Daily liquidity management via execution of Buyers credit, Pre-Shipment and Post-Shipment Credit.

Liaise with banks for issuance & execution of Letter of Credit as per the UCP guidelines.

New ERP Implementation: System testing, identifying gaps in the current work processes, implementing the new ERP and troubleshooting all technical issues.

System Automation: Executed system automated accounting process to facilitate least manual intervention in the accounting process.

KEY STAKEHOLDERS

INTERNAL: Top Management, Divisional Purchasers, Marketing & Sales teams, Clearance and Logistic team, Accounts team.

EXTERNAL: Bank Trade Finance and Treasury team.

EDUCATIONAL QUALIFICATION

Master in Management Studies Specialization-Finance from Mumbai University, India in 2008.

Bachelor of Commerce from Mumbai University, India in 2005.

REFERENCES: Available on Request



Contact this candidate