Experience
PAREXEL
Director Finance
WW Billings & AR
August-2014 - June-2019
Thomson Reuters
Senior Manager
Global Accounts Receivables
February-2010 - August-2014
GE Capital International
Services
Assistant Manager
US Collections & Cash Applications
August-2001 - March-2009
Responsible for timely and accurate Billings, Cash applications, Collections and Customer Master Set Up to ensure that the DSO targets are met/exceeded Monthly review of AR, Sub Ledger and Reserve balances to GL in addition to assisting external auditors in control activities within the timelines Ensuring that the International AR processes operate in a continuous improvement environment focused on automation and simplification. Responsible for timely past due collections in addition to timely dispute resolution and providing solutions to delinquent clients Manage difficult escalations as well as client/PM negotiations in addition to building strategies in collaboration with business to maximize cash collections. Review and assist all Internal & external control activities including setting up of the various workflows and overseeing management of work instructions Undertake full range of activities pertaining to leadership, management and development of team and that their performance exceeds target. Responsible for timely past due collections and cash applications in addition to dispute resolution and credit risk evaluation
Review and Approve write off on highly delinquent accounts to bad debts or assigning them to third party collection agencies. Ensure compliance with the local legal and VAT/GST regulations including overseeing the Customer Master Set Up and clean-up process Reporting key financial results including cash collection, Unapplied cash, Billing quality and write offs to the business and senior leadership teams Skills Languages
Finance Operations Management Order to Cash Leadership Business Controls Oracle & SAP Process Mapping
English Advanced
Hindi Advanced
Malayalam Advanced
Email ****.**********@*****.***
Address Chester Le Blvd unit 31,
Scarborough, Ontario M1W2M7.
Phone +1-437-***-****
Biju Sebastian
Achievements
PAREXEL
Director Finance
WW Billings & AR
August-2014 - June-2019
Thomson Reuters
Senior Manager
Global Accounts Receivables
February-2010 - August-2014
GE Capital International
Services
Assistant Manager
US Collections & Cash Applications
August-2001 - March-2009
Consolidation of Project Accounting & Accounts Receivables function resulting in Cycle Time Reduction of 2 business days & Savings of 7.5 FTE Implemented the ticketing process for prioritization of Issues Vs FIFO model of email processing resulting in DSO Improvement of 38 from 41 days in Q2 FY17 Automation in the form of email burst to intended recipients to eliminate manual work resulting in saving of 1 business day per FTE Transition and set up of Finance processes from various geographies globally to Global Finance Centre (65 FTE process)
Designed and developed the transition plan in various stages depending on complexity and business requirement
Defined and Set up KPI's, Reporting, Training & IT solutions by working closely with the Business and Support teams
Set up Costa Rica Centre for collections process with 100 FTE in various phases.
End to End Process Mapping(Chicago, IL)- of Order to Cash functions to identify inefficiency and process gaps
Resulting in proposal and implementation of workflow solution(Siebel) and 2 specialist team to support Dispute resolution and Cash Collection. AR Clean Up, Reduction of Bad debt (Chicago, IL) resulting in recommendations for write off, Settlement, Legal action & 3rd party collections Established future process strategy based on segment and age of receivables Education
Industry experience
Clinical Research, Legal Services, Transportation, Security Services & Telecommunications Linkedin
https://www.linkedin.com/in/biju-sebastian-a56b1b47/ IMT
2006
Finance Management, Accounting Principles & Practices, Business Controls & Loyola College
1999
Accounting, Finance, Economics, Management, Human Resource & International