Sap Account
Resume:
N SIVACHANDRAN
Email:*.****************@*****.*** Mobile: +91-917*******
GL/R2R accountant with 5+ years of experience in MNCs with extensive knowledge in SAP with proven ability to establish good working environment. Very good team player, excellent communicator and will to accept and learn new challenges.
Professional Experience – Summary
Duration
IBM INDIA PVT LTD
July 2014- April 2020
IBM India PVT LTD
Role
Senior Practitioner in Finance and administration delivery
Environment/ Tools
SAP, Suncore, Blackline, Image vision, CITI bank portal & MS office
Responsibilities
Inter company
Supervise end to end Intercompany process in SAP platform
Ensured all sub process of IC like – IC reconciliation, Billing, invoice posting, creating invoice and retained earnings reconciliations have mandatory controls in place
Balance confirmation – Ensured all counter party confirmed their balances and are reconciled
Preparing balance statement and send to all the intercompany counterparties.
Preparing HFM file for reporting the balance.
Analyzing if there is any out of balances in HFM (suncore reporting tool) and Explain the same if the variance is above threshold (need to provide comments in suncore). Ensured there will be no P&L impact
Netting – Settlement of IC invoices. Ensured all invoices are allocated against the payment and cleared in SAP
Entering netting payment through CITI bank portal.
Allocate the payment to customer and vendor account and clear with invoicing document.
Ensured that all intercompany invoices received from the counter party are validated and accounted in SAP and providing comments for the pending items, reverting the same if any issues
Posting shared material and clearing the shared material accounts in SAP.
Posting Transfer document on monthly basis received from Intercompany vendor.
Preparation of payroll cross charge invoices and communicating counter parties.
Clearing disbursement GL account.
Maintained controls for the intercompany process which are required at the time of Audit
Preparation of ageing file and resolving outstanding balances.
Analyzed and researched reporting issues to improve accounting operations procedures
Reconciliation of monthly balance sheet accounts.
Ensured that all DTP’s are up to date and are as per the company policy.
Successfully implemented IC hub project (5 European countries) and experience in working with IC hub.
Preparing Trading partner wise Reconciliation reports for every month end.
Preparing aging file and KPI file on monthly basis.
General ledger
Core responsibilities involve working on a day to day basis on various GL accounts and preparing recons for month end reporting.
Preparing all accruals and payments Journals and posting in to SAP.
Posting of all ad hoc requests in to SAP.
Ensuring all the month end prepaid and accruals bookings have been posted within cut off dates as fixed for all branches and ensure the books get closed within agreed time and there by meeting SLA.
Reversals/ utilizations of prior month accruals on receipt of actual invoices.
G/L account Reclass from one GL to another GL account as per client requirement.
G/L account clearing as per client requirement.
Posting Travel Expenses through journal.
Manually reviewing several AP/AR GL accounts for EU countries to cross check whether correct and all postings have been reported in the leading ledgers.
Reconciling our Vendor account with statements received from counterparty to figure out invoices missed and prepare and post accruals in order to reflect correct vendor balance.
Cross checking with accrual calculation file for parked accrual journals and following up the clients for Invoice copies.
Taking sole responsibility for various queries sent by clients to the generic mail box. Analyzing the query in a limited time and making sure they are resolved.
Preparing to be done task list for the whole team and allocating all members with activities to be done in the upcoming close.
Constantly monitoring the deadlines of all tasks and making sure we meet SLA.
Accounts payable
Posting PO based invoice with three way match.
Posting Non PO based Invoices like Cross charges and Agreements with client approval.
Posting one time vendor with client approval.
Creating payment proposal on weekly basis for both foreign vendors and internal vendors.
Preparing parked invoice and provide comment for aging items.
Preparing blocked invoice report and provide comment.
Query handing and responding query mail for vendor.
Maintained and updated vender files.
Setting up vendor account.
SAP – T Codes used
F.01,FBL3N, FBL1N, FBL5N, FAGLB03, FAGLL03,FV70, FV60, FV75, FV65, FB03, ME23N, MIRO, MIR7, XK03,FV50, F-02, F-03, F-32, F-44, MB51,XK03
Education
MBA (Master of business administration) in Finance, SRM university Kattankulathur in the year 2013 with 7.2 CGPA
B.COM (Bachelors in Commerce) Alpha arts and science college Chennai in the year 2011 with 64 %
HSC from Ramakrishna mission hr.sec.school Chennai in the year 2008 with 56 %
SSLC from Annai therasa matriculation school Chennai in the year 2006 with 55 %
Management Skills
Experience in process of General ledger Intercompany and Accounts payable.
To support the Team members and to provide good learning atmosphere.
Active member of suggestion & competition enhancement committee and to encourage the team member for active participation.
Making good relation with colleagues and always maintain a healthy work atmosphere.
Achievements
Successfully implemented IC hub project (5 European countries).
Stabilized a pilot project in short span of time
Awarded for extraordinary contribution in IBM
Got Appreciation from Client BU controller for reducing Aged item.
Personal information
Date of birth
1st Aug 1991
Father’s name
T.Natesan
Mother’s name
N.Gowri
Sex
Male
Nationality
Indian
Languages known
Tamil and English
Marital status
Single
Address
no.6 venkatraman street MGR nagar Chennai-600078
Declaration:
I hereby declare that the information given herewith is correct to my Knowledge and I will responsible for any discrepancy.
Place:
Date: Sivachandran N
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