Accounts Payable Executive
Resume:
MANGALNATH.R
:*************@*****.**.**
: # **/***, *** ******, ****** Colony,Anna Nagar West extension, Chennai-600101.
Lean Certified Professional, in quest of senior level assignments in Finance with a leading organization of high repute
PROFILE SNAPSHOT
A goal-oriented professional with over 9.5 years of experience in:
-Payroll Management -Accounts Payable -Team Management
-Escalation Management -Reporting -Accounts Receivable
Presently associated with Cognizant Technology Solutions, Chennai as Team Leader.
Skills in managing employee database with proven success in implementing systems for payroll / time office and employee welfare functions
Proficiency in managing accounts payables, processing invoices and maintaining banking processes
Gained hands-on experience in spearheading various operations such as managing Generic Mailbox, handling queries of team, supporting team processing with accuracy, upgrading process updates in update tracker, etc.
An accounts payable specialists skilled in recording transactions, creating reports, tracking income & expenses and checking figures for accuracy
Expertise in providing accurate & effective document preparation & records management w.r.t. accounts payable function
Distinction of receiving WOW Award for the month of Sep & Dec’11, Jan, May & Sep’12 and May & Jun’13
Awarded as Icon of the Sep' 14.
Awarded GEM award for Q4'16.
A team player with exceptional problem solving, interpersonal & analytical skills
AREAS OF EXPERTISE
Overseeing controls for advance payments & following up with purchaser, cost centre wise consumption & analysis with average consumption
Ensuring that all payments are made to suppliers within the stipulated timeframe and managing accounts payable within the pre-set parameters
Performing all aspects of the accounts payable functions by matching purchase orders to invoices and entering the invoices into the software according to department policies & deadlines
Researching and resolving any outstanding balances on accounts, including telephone, mail & email communications with vendors
EMPLOYMENT DETAILS (Snap Shot)
ACES (ABN AMRO), Chennai
Accounts Associate
May’06-Oct’06 & Jul’07-Dec’07
Hewlett-Packard (Global E-Business), Chennai
Financial Associate
Jan’09-Apr’11
Cognizant Technology Solutions, Chennai
Executive
May’11 – till date
EMPLOYMENT DETAILS
Cognizant Technology Solutions, Chennai as Team(Account Receivable ) - Since May'16 till date
Accounts Receivables:
Handling Team of 30-40 members of AR follow up.
Distributes invoices, posts batches, receives payments, process accounts payable invoices.
Calculates routine AR interest based on the ageing bucket.
Monitor Team's production and SLA delivery.
Communicate and explain work procedures to subordinates
Lead a team of analysts and team coach to do AR follow. Guide team to reduce AR ageing and optimize collections.
Manage day-to-day activities with the team.
Respond to clients on any process related queries and manage 1st level escalations.
Perform quality check on the A/R follows or EOB denial analysis work done by the team before it is sent to the clients.
Monitoring and managing workflow or daily targets to assure timely delivery of agreed SLA’s.
Tracking and maintaining metrics for a variety of data includes attendance, productivity, etc.
Develop processes to improve productivity and quality of the team.
Leading process improvements initiatives.
Mentor analysts and senior analysts. Supervise and train junior resources or new trainees and encourage good A/R follow up skills and work ethic.
Participate in the new pilots projects & work towards proper transition of knowledge to team.
Work with managers to resolve any personnel problems or conflicts that may arise in the team.
Identify trends within the portfolio to aid collections and improve the productivity.
Provide mentorship, training and coaching to the team.
Monitoring and reporting team performance as needed.
Preparing CAPA of the errors done by the team.
Achievements : Reduced the AR interest from $1M to $300K in Dec'17 & reduced 67 days from 79 days in Dec'18.
Cognizant Technology Solutions, Chennai as Jr.Executive - Jan'14-May'16 (India Payroll Helpdesk)
Key Result Areas:
Maintains payroll information by collecting, calculating, and entering data
Submission of monthly payroll report to Finance Department.
Review Investment documents for Income tax benefits.
Providing resolution needed documents for Investments,Medical Reimbursements, Tax on Bonus and FBP for tax benefits.
Processing 6th day and deputation allowances as per request
Tax calculation on the associate salary.
Query resolution on recovery and deductions
Handling of relocation expenses with in India.
Prepares reports by compiling summaries of earnings, taxes, deductions, leave, disability, and non-taxable wages
Provides payroll information by answering questions and requests
Ad hoc HR and Payroll matters
Maintains employee confidence and protects payroll operations by keeping information confidential.
Handling investments approvals on 80C,Medical reimbursements,HRA and housing loan submitted by employees in the portal.
Process training on Investments and reimbursements to new joiners in the team.
Cognizant Technology Solutions, Chennai as Jr.Executive (Account Payable) - May’11-Jan'14
Accounts Payable
Led a three person team responsible for each individual processing invoices(3&2 way match) weekly in AS400.
Ascertain pricing discrepancies on invoices and notified vendors of denial or short payment.
Creating reports for DAG Audit as well as imparting monthly refresh training to team on process update
Managing escalation mails received from clients
Managed over 1000 vendor accounts generating weekly check runs.
Resolved past due accounts bringing over 90 days past due from 15% to under 3%.
Processing T&E invoices based on the Client confirmation.
Managing escalation mails received from clients.
Providing training for new joiners in the team.
Notable Accomplishments:
Received GEM award for Q4'16 achieving the collection target and reduced the unbilled revenue.
Received certificate of excellence for month of July & Oct’11
Holds the merit of securing WOW Award for the month of Sep & Dec’11, Jan, May & Sep’12 and May & Jun’13
Deftly completed Course AP 101 Challenger
Secured Thank You Award during the year of 2011-12
Awarded as Icon of the Sep' 14
Hewlett-Packard (Global E-Business), Chennai Financial Associate-Accounts Payable - Jan’09-Apr’11
Key Result Areas:
Handled the work related to processing of invoices for all the regions on daily basis with PO, Non-PO, Rates and Direct Debit invoices
Looked after the processing of the credit memo as per the timelines & agreed upon quality for SLA & key measures with the Client.
Vendor Creation in AS400.
Track expenses and process expense reports.
Prepare and perform check runs.
Payment processing based on the client request on weekly basis.
Allocated day-to-day work to team and reported to Team Lead.
Managed the ad-hoc Invoice processing for payment.
Supervised the Pre-payment Audit & Post-payment Audit.
Spearheaded the vendor reconciliation with statements and vendor creation & deletion.
Administered the internal quality check of invoice processing.
SPINACH Technologies India Private Ltd., Chennai as Associate-Transaction Processing-Accounts Payable - Mar’08-Nov’08
Key Result Areas:
Looked after the Master Database Management
Executed change and updated the product hierarchy, product price, etc.
Updated the VAT for the products in the state of Tamil Nadu, Kerala, & Karnataka and BARCODE
ACES (ABN Amro Central Enterprise Service Pvt. Ltd.), Chennai as Accounts Associate - May’06-Oct’06/Jul’07-Dec’07
Key Result Areas:
Spearheaded various operations such as addressing the verification of:
oIndividual & Netherland clients
oConsumers & commercial clients
Managed the business activities of corporate clients
ACADEMIC DETAILS
2011 MBA (HRM) from Loyola College, Chennai, Pondicherry University
2006 B.Com. from Loyola College, Chennai, Madras University
CERTIFICATION
Lean Certified Professional since 2012
EXTRAMURAL ENGAGEMENTS
Participated in Blood Donation Campaigns
Attended Outreach Program for a semester during college level
PERSONAL DETAILS
Date of Birth: 26th November, 1983
Languages Known: English and Tamil
Marital Status Married
Date : 30th April 2019 Signature
Please refer to annexure for other details
ANNEXURE
MAJOR PROJECT
With Cognizant Technology Solutions, Chennai
Title: Lean Project on Check-in & Check-out Time to Identify Labour Hours
Role:
Carried out the findings in grill certification, subcontractor and no need receipts for capital invoice, multiple travel for particular client, etc.
Forwarded Mail to team about the process updates
OTHER ASSIGNMENT
With Cognizant Technology Solutions, Chennai
Title: Hyderabad Project
Description: It included the processing of invoice for the client from 3 entities and Invoice was scanned in SAP (P45 module) through OCR tool (It entailed important details like GL account, cost centre & tax calculation on the basis of description on invoice in Swedish language which had to translate in English language through Googletranslator). Further it entailed the comparison of the GL account with the previous booking description history which should match with current invoice description. Cost centre will be available either in invoice/approver name that we can find cost centre in Client website. Tax calculation should be done on service of 5 criteria percentage, i.e. i1-25%, i2-12%, i3-6%, i4-12.5% and i0-0% and matched payment due date and bank account number from invoice in ERP (SAP).
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