Accounts Payable Payables

Profile Summary

MBA (Finance) with around **.* years of experience in Project Accounting, Financial Analysis, Cost & GL reconciliation, Process Improvements, Accounts Payables Budgeting & Forecasting, MIS Reporting, Cost Control, Trend analysis, and Team Management.

Skills in formulating & implementing financial systems & procedures to facilitate internal financial control,

Expertise in formulating annual budgets & conducting variance analysis to determine the difference between projected & actual results and implementing corrective actions.

Proficient in monitoring the inflow & outflow of funds and ensuring optimum utilization of available funds towards the accomplishment of corporate goals

Displayed skills in managing financial accounting, ensuring month-end provisions, receivables & payables management, preparing financial statements, and conducting analysis & annual closing of accounts

A dynamic go-getter, an efficient organizer, a motivator, a team player, and a decisive leader with the ability to motivate teams to excel and succeed.

Areas of Expertise

Performing financial reporting, analysis, weekly cash forecast, monthly budgets & year plans and related activities for specific business units.

Administering accounts payable activities like the aging of creditors/payables

Supervising the preparation of MIS reports and providing feedback to the board

Work Experience

Jun-23 -Capgemini Technology Services- Bangalore as Project Controller.

Revenue Recognition and billing for the Projects.

Responsible for Project ID creation for Inter and External Clients.

Preparing the commercials and deals for new project and extension of projects.

Preparing the P&L statements for the projects wise.

Responsible for preparing and uploading the Budget and Forecast numbers in Smart-view (ESS Base)

Providing the waterfall mechanism details for the Budget numbers.

Preparing the decks for monthly review and quarterly review with management.

Providing deviation analysis for MOM, YOY, QOQ for Budget, Forecast prior forecast numbers.

Getting the SBU’s approval for Budget and Forecast numbers.

Transfer pricing from entity to entity.

WIP/ BIA Recon

Trend analysis for Forecast vs Actuals.

Cost by nature wise Analysis.

Preparing, verifying the Invoice and sharing to the client.

Maintaining cash collection report (AR report)

DOR calculation for accounts receivables and following with Clients for the payments.

Co-ordinating with delivery team for CM percentage for their projects.

Intra Revenue and billing Recon.

May’21-Dec’22 Chola Mitsui Sumitomo, Chennai as Finance –Manager

Responsible for Budgeting and Forecasting

Responsible for Cash –Flow Analysis and cash forecast reports.

Budgeting and forecasting reports and allocation reports & providing Variance Analysis.

Providing the commentaries for differences in analysis.

Preparation of Cost reports at the function level and department level with Product, Segment and Client Dimension .

Managing the Monthly funding provisions.

Month End and Quarterly Actuals closing statements.

Cost and Provision statements.

Handling the stakeholders in Japan and Korea.

Quality control checks and training to team members for new processes introduced.

Preparing Dashboards for a fortnight and monthly for the management.

Improving process development and reducing errors.

Reconcile accounts payable transactions.

Provide supporting documentation for audits.

Updating and maintaining Knowledge Transfer documents, alongside the business finance teams.

Reviewing cost center-wise and LOB-wise reports.

Intercompany recon.

September’20 -May 21 Omakara PVT LTD, Mumbai as Chief Manager – Accounting operations

Reviewing the invoices for appropriate documentation and accountable for approval prior to the payment.

Reconcile accounts payable transactions.

Approving the Journal Entries

Authenticate the Interstate accounts payables.

Responsible for Handling the internal audit .

Payment verification and account recon.

Since Apr 16- Aug’20 L&T Finance Limited, Chennai as Assistant Manager

Managing the Budgeting and Forecasting.

Ensuring annual budgeting and quarterly forecasting.

Cash –flow Analysis report.

Resolve issues and perform comprehensive reviews at various stages of the project so as to identify and minimize deviations from schedule and quality. Report periodically on Project status to management.

Conducting detailed checks for parameters that impact performance and data integrity.

Reviewing and Analyzing the reports for targets on a fortnightly and monthly basis with the Operation team and investigating the root cause for any deviations

Analyzing business and product-wise costs.

Cost validation process for the selected region and Preparing cost analyzing reports for future actions.

Provide clear analytics on the triggers for validating the cost and Flag cost variance/overrun, drive dispute resolution.

Preparing Dashboards for a fortnight and monthly for the management.

Jun’12 to Mar’ 16 TATA Consultancy Services (Citi-Bank ), Chennai as Senior Analyst KeyResult Area:

Nostro report to monitor aging items in Nostro Reconciliation on a daily basis and EPBCS extraction.

Escalating outstanding items to Country Finance on a daily basis

Preparing month-end journals, uploading them into GL and reclassifying valid cost centre & GL Accounts.

Accountable for Budgeting and Forecasting and Variance Analysis and providing commentaries.

Responsible for providing the details for Normalization.

Providing the details to top Management for Business wise and Cost Centre wise details.

Providing cash flow account balance to country finance on a monthly & quarterly basis.

Intercompany reconciliation and posting of Journal entries.

Reconciliation is performed daily in a controlled environment and aged balances are fully supported and justified to countryFinance.

Preparation of Financial Control recon to identify long-aged accruals on monthly basis.

Accomplishment:

Acknowledged as Star Performer in TCS & CITI for automation of the process

Served as a part of the team to establish the E2E processes, controls & systems to ensure operational excellence and reduce risk by 98%.

Mar’08 – Jun’12 Scope International Pvt. Ltd., Location as Senior Financial Analyst – Accounting Operations & Financial Shared Services Centre Department

Key Result Areas:

Managed activities related to Over-Head & Cost Control Reconciliation, Nostro Reconciliation, GL & Trade Creditors’ Reconciliation.

Accountable for receiving invoices from Country Finance

Processed, checked, authorized & sent payments through PSGL

Prepared & maintaining query mailbox from Country Finance

oGBP payments via. NatWest Bank for UK

oForeign Currency payments through SCSTAR for United Kingdom using of SWIFT. MT 103, MT202 for UK & France

oWire transfer for US through Citrix Application. (MT103 & MT202)

oPayments through Straight to Bank for Sweden and Germany

Performed:

oQuality control checks on financial results and imparted training to team members for new processes introduced by the country & business

oKey Control Self-Assessment for audit by checking source & evidence for messages handled in GMC

Created broadcast using SWIFT and made necessary changes of the merger & acquisition of different banks

Accomplishments:

Certified by British Council for Effective Communication at Chennai.

Conferred with Business Champ Outstanding Award for the 3rd quarter Dec’09 for highest productivity with less errors

Steered efforts in working on the PSGL Stamping process of adding PSGL Chart Fields to each transaction amount field of TP system data sourced into CDW and flow it across the product Infrastructure during the month-end production run.

Six-Sigma Green Belt Projects Undertaken:

Automation of Procurement to Payable (without any Manual interaction) Nostro Recon automation & Journal Entries.

Previous Experience

Jul’07 – Mar’08 Dhandapani Finance Limited (DFL), India as Associate Accountant – Accounts Department Mar’06 – Jul’07 Kun Hyundai, Chennai as Accounting Assistant & Cashier

Education

2008 MBA (Finance) from, Madras University Chennai

2006 B.Com. from Sir Thegaraya College, Chennai, Madras University

Certifications

Certified Six Sigma Green Belt

Tally 9.0

Career Development Program in NEST

Personal Details

Date of Birth: 29th June 1985 Languages Known: English& Tamil

Declaration:

I promise that the above mentioned details are true and correct to the best of my knowledge

Place : Chennai

Date : Signature

Project Accounting● Budgeting Forecasting ●Accounts Payable ● Nostro Reconciliation & MIS Reporting

An ardent analyst with expertise in strengthening companies to lead in highly competitive situations

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