Customer Service Accounts Payable

MAYURESH DESHPANDE

***** **** ******* ****, ( Sugarland, TX 77498

832-***-**** 832-***-**** ( **********@*****.*** /

*********@**********.***

ACCOUNTS PAYABLE

Results-focused and quality-driven professional with vast supervisory

experience in high volume Accounts Payable environment, demonstrating

consistent achievement of objectives, strong multi-tasking and service

skills, and dedication to organizational goals. Profound knowledge of

Accounts Payable processing with proven ability to adapt to changing

circumstances and lead change. Enthusiastic individual and an excellent

communicator, recognized ability to establish and maintain effective

working relationships across cross-functional teams and diverse individuals

at any levels and build strategic relationships with clients.

. Proficient in designing and setting up Accounts Payable processes in

the organization.

. Identified opportunities for operational improvements and managed

collaborative efforts to achieve maximum efficiency.

. Reviewed process designs and confirmed SOX and Audit controls are

adhered to.

. Efficient in processing vendor contracts, invoices, purchase orders

and expense vouchers, managing cash advances and reconciliations,

processing and validation of invoices and check requests for accounts

payable and getting signature authorizations.

. Proficient in implementing financial procedures along with maintenance

and finalization of vendor accounts.

. Proven ability to present budgets and reports with excellent

administrative, organizational and decision-making skills

Core Competencies

Accounts Payable Vendor Management ( Invoices Processing, validation and

approvals ( Processing Payments ( Process Improvement ( SOX Compliance (

Vendor Accounts ( Cash Management ( ERP (PeopleSoft FSCM and SAP), Lawson

and JD Edwards ( Organizational Leadership ( Auditing & Discrepancy

Reconciliation ( Office Correspondence ( Problem Resolution ( Process &

System Implementation ( Client Relations ( Customer Service

PROFESSIONAL EXPERIENCE

Transocean Offshore International Venture Ltd. ( Mumbai

8/2007 - 04/2014

Senior Accounts Payable

Coordinated with vendors, reviewed and maintained supplier database in

coordination with the supply chain. Ensured all electronic uploads and

payments are verified and processed. Generated and processed MIS and

accrual reports both Monthly and Fortnightly. Handled audit queries and

ensured compliance with SOX controls, policies, procedures and regulations

relating to job scope and internal controls. Responded to requests for

information, analyzed data, completed adhoc reports and correspondence, and

resolved issues. Resolved billing issues with vendors. Recorded and

communicated Accounts Payable procedures. Interviewed, recruited trained,

evaluated and supervised seven associates. Established and monitored goals

and deadlines for assigned staff. Oversaw special projects including

implementation of new ERP (People Soft 9.0 ) and JD Edwards.

KeyHighlights:

. Reviewing and approval of the invoices, validation of the invoices,

three way matching of purchase order invoices, getting approvals as

per authority limits, following policies and SOX compliance as per

company guidelines, processing payments ( ACH, Wire ) to vendors,

Imaging of the invoices in Kofax/Intellego.

. Participated in the design and implementation of a new Accounts

Payable process in Transcoean.

. Improved accounts payable function process after joining Transocean in

the year 2007.

. Decreased day's payable outstanding (DPO) figure from 96 to 40 in a

span of 6 months.

. Successfully recruited and trained eight payable accounts in last

three years and resolved potential duplicate payments.

. Contributed in acquiring No Due Certificate (NDC) from major vendors,

which maintained Vendor Aging Liability at minimum.

MAYURESH DESHPANDE

832-***-**** 832-***-**** ( **********@*****.*** /

*********@**********.***

Page2

Schlumberger Asia Services Ltd. ( Mumbai

1/2004 - 8/2007

Payable Accountant

Managed domestic and international payment processing in Lawson system.

Handled petty cash, utility and expense report payments and bank

reconciliations. Processed fund request and generated month end reports.

Reconciled bank

accounts, researched, monitored and corrected all cash differences from

incorrect reporting. Evaluated cash and position reports to identify and

correct differences. Collaborated with all internal stakeholders,

documented cash transaction including General Ledger Accountant, Account

Receivable Accountant, Accounts Payable Accountant, Shared Service Center

and Treasury department. Assisted department manager with reviewing

processes to improve accuracy and efficiency. Reconciled open Advance

account and GL vendor accounts at the month end.

KeyHighlights:

. Served in ERP system Lawson and assisted in the implementation of

Electronic Banking System in the organization.

. Processing of Accounts Payable invoices, matching PO's and review for

descrepancies, GL Coding, maintaining credit application,

reconciliation of Vendor statements, weekly contractual labor payments

etc.

. Preparation of check, approve all vouchers for payment and preparing

invoice deduction notices, as necessary.

. Answering all vendor inquiries & Processing of Expense reports.

. Analyze vendor accounts and negotiates extended terms with vendors

when cash is restricted.

. Prepare accounts payable checks accounts payable reports

. Prepare analysis of accounts, as required and assist in monthly

closings.

. Assisted accounts receivable and special projects, as necessary

. Assisted project managers & procurement with resolving vendor invoice

disputes, obtaining required documentation, etc.

. Aid in month-end closing process and assisted auditors for the purpose

of providing requested supporting documentation.

. Vendor invoice research as applicable.

Asian Paints (I) Ltd. ( Mumbai

7/1999 -12/2003

Accounts Assistant

Oversaw processing of vendor payments, handled Freight / Octroi / Services

and Suppliers Bill in SAP System. Resolved vendor queries, handled bank

reconciliations and cash. Recorded invoices and excise credit under RG23A

and RG23C. Served in SAP / ERP as end user. Developed a website in

intranet server, which provided details of monthly reports.

EDUCATION AND CREDENTIALS

MBA in General Management 2013

United Business Institute, Brussels, Belgium

Post Graduated in Master of Commerce. 2002

University of Pune

Graduated in Bachelor of Commerce. 1998

University of Mumbai

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