Accounts Payable Associate Manager

BINDU VEETEKAT

Email: **************@*******.***

Phone: 508-***-****

SUMMARY Self- motivated, Analytical, detail-oriented accounting professional with experience in AP, AR and GL in different accounting systems, departments, and industries. Areas of strength include extensive research and analysis, ability to adapt quickly in new environments and work both independently and as a team player effectively. Results oriented and solution focused individual.

EDUCATION Bachelor of Science- Bangalore University, India

Bachelor of Education- Bangalore University, India

TECHNICAL SKILLS ORACLEFUSION,ORACLEr11,SAP,JDEDWARDS,MICROSOFTDYNAMICS, TIMBERLINE,QUICKBOOKS,BILL.COM,NETSUITE, SAGE,SALESFORCE,VIM,EPAYABLES,EXPENSIFY,MICROSOFT EXCEL/OFFICE.

EXPERIENCE

03/2021-Till date Sherlock Biosciences

Associate Manager

Ensure the effective operation of the Accounts Payable Function-Lead all areas of AP day-to-day processes and full procure-to-pay process.

Manage AP month-end close process, ensuring adherence to all deadlines and cutoffs, including necessary close entries and reconciliations.

Ensure timely and accurate processing of transactions in accordance with GAAP and company policies.

Interact professionally and collaboratively with management and other departments for invoice dispute resolution, approvals, voucher processing, and special projects.

Generate vendor payments on routine schedule and submit payment proposals for review to senior management.

Inspect paid and unpaid invoices, clear payment inquiries, and manage check voiding to maintain accurate files and records per company policy.

Assisted with maintaining the banking/ACH information in oracle vendor master.

Manage yearly personal property filing.

Prepare Form 1099 reporting and other AP-related compliance reporting requirements

Worked/assisted with the management team in the implementation and testing of Oracle R11 ERP system

Managed and performed Credit card /Virtual card /Purchasing card reconciliation

Maintained the monthly prepaid amortization schedules.

Managed the cash management reconciliation

Maintained and managed the fixed asset sub-ledger -Asset creation/depreciation/transfers/disposals/retirements.

Reconcile and analyze accounts from the Asset Management subsidiary ledger to the General Ledger.

Prepared/posted Journal entries for expenses, cash management, accruals, Asset addition/disposals/transfers, flexible spending and credit card expenses ensuring compliance with company’s accounting policies.

Managed the monthly good receipts accrual process in oracle.

Managed expenses using Expensify and Timesheet management using Replicon.

Conducted variance analysis and provided explanations for discrepancies to ensure financial accuracy.

Assisted in the annual audit process by providing necessary documentation to auditors.

09/2016-3/2021 Ameresco

AP ANALYST

Review/Audit and processing of vendor invoices/sub-contractors pay applications/check requests and wire requests for multiple companies complying with established company’s policies and procedures.

Weekly payment selection check, wire processing domestic and international, voiding checks, and processing zero checks.

Collaborate with various departments throughout the organization and other accounting team members to understand business transactions and ensure accurate accounting.

Responsible for preparing/analyzing and distributing the G/L accrual report to the management.

Develop and deliver metrics/reports and maintain business process documentation.

Clear outstanding checks by researching issues and making appropriate entries to clear them in the system.

Work on credit balances for the vendors-research if there are discrepancies with the entries and correct/work with the vendors to get the refund checks-make necessary correction/entries to offset accounts.

Work with IT to have the check request/wire request process automated into our payables system.

Work with the system team on the new ERP system -providing inputs/process improvements/testing/training.

Reconcile month end A/P detail to the G/L.

Assist with annual filing of 1099.

3/2016-08/2016 Fusion Storm Technologies

ACCOUNTANT

Process all multi-entity vendor liabilities for all PO related transactions and all overhead activities, (such as rental obligations, legal and accounting fees, telecommunication charges, and all remaining GL accounts,) in a timely fashion and according with the proper accounting principles. For overhead related activity, determine the proper GL code, department, and location for all bills.

Ensure that all invoices received are properly identified to vendor purchase order and if discrepancies arise independently identify and determine the appropriate course of action for resolution and follow through until resolved.

Primary communicator to all vendors on the settlement of committed obligations, company payment terms, and issues associated with all liabilities.

Independently perform required weekly/monthly analysis, and all reconciliations for vendor accounts, updating any vendor related activities.

ERP Vendor table management to see that all mandatory information is provided and accurate.

Maintained the Vendor Liability Forecast on a weekly basis for check payments

06/2011-02/2016 Wayne J. Griffin Electric

ACCOUNTS PAYABLE ADMINISTRATOR

Responsible for the full AP payment cycle - starting from invoice processing to check disbursement strictly adhering to company policy and procedures.

Process vendor invoices by monitoring discount opportunities, scheduling and preparing checks, resolving purchase orders, invoice or payment discrepancies by collecting and analyzing information.

Ensuring credit is received for outstanding memos, issuing stop payments.

Process garnishment and expense reports.

Verify vendor accounts by reconciling monthly statements.

Actively involved in the automation of the complete AP process, participating in the user testing phase to work with the appropriate group to help analyze that the expected output is obtained.

Ensure that the payments are charged to the appropriate GL accounts, cost centers and follow the company established accounting policies and procedures.

Work closely with purchasing, vendors, and project managers to resolve issues in a timely manner.

Ensure proper withholding of required taxes from vendor payments.

02/2007-06/2011 Boston Scientific Corp

FINANCIAL & DATA MGMT ANALYST

Evaluate, review and process vendor invoices, check requests, wire requests, freight payments & employee reimbursement both manually and through the AP workflow in the SAP environment, in accordance with the company established policies, procedures and approval matrixes.

Analyze system issues, document the problems in detail and elevate the issue to the appropriate department.

Developed/documented SOP and workflow process for the discount payment process.

Worked and developed lean behaviors by creating detailed workflow for the discount and consignment process, analyzing each step to eliminate waste and repetition leading to time saving and cost.

Addressed AP escalation issues utilizing problem solving skills.

Worked actively in the integration of the Guidant AP systems with the Boston Scientific AP systems.

Ensure financial data is recorded into the SAP accounting systems accurately and follows the financial and accounting policies and procedures.

Ensure that there is a three-way match (purchase order, receipts, and invoice) for inventory goods invoice.

Assisted in month end accounting close and account reconciliations.

Review and analyze vendor statements and work with the vendors towards issue resolution.

Elevate findings of quantity and price variances to the purchasing group for resolution.

Work closely with the purchasing group to resolve internal issues, ensuring vendors are paid within specific terms.

Proactively identify and contribute by suggesting process improvement.

Actively participated in the automation of the Accounts Payable workflow system.

04/2002-02/2007 Staples, Inc.

EXCEPTION ANALYST

Proactively monitored the system exceptions, recorded, and reported the exceptions issues to the appropriate department.

Worked on detailed SOP and workflow of AP process for the exception processing issues.

Review and reconcile unmatched invoices for Consignment, Wholesale drop ship and promotional vendors using ORACLE on AS400 environment.

Reconcile assigned vendor shortages and process payment when applicable.

Process vendor deductions via upload procedure.

Research unmatched receipts for assigned vendors and process payments within acceptable accounting guidelines.

Research and reconcile all entries on the invoices without receiver’s report.

Established working relationships with vendors through ongoing correspondence and interaction.

Proactively worked with the appropriate areas, i.e. Vendor relations, Merchandising, Distribution Centers, and stores, to reduce the number of variance resolution issues.

SALES AUDITOR

April 2002 to May 2005

Review expense invoices for capitalization criteria in accordance with generally accepted accounting principles (GAAP).

Code all invoices meeting capitalization criteria in accordance with GAAP and Staples corporate policy.

Design and run financial reports for various project managers throughout the company on both a monthly and ad-hoc basis.

Prepare journal entries using JDEDWARDS software and ORACLE including account transfers, location transfers and manual journal entries.

Assisted with month end activities and account reconciliations.

Maintain the filing system (both on-site and off-site storage) for all capital invoices and journal entries.

Review and correct system error reports monthly for any issues relating to invoicing.

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