Financial Analyst Sales

Prem R B Contact: +91-998**-*****

E-Mail: *******@*****.**.**

PROFESSIONAL SUMMARY: Over 15+ years of rich experience in the arena of- Domain & Business Process Experience

- Oracle Application - PeopleSoft Application - AR Process Management

- Payroll Process - Vendor Management - Collections

- Transition Planning - Customer Relationship - Resource Planning & Hiring

- Quality & Documentation - Auditing - Statutory Compliances

- Metrics & Reporting - Flux Analysis - Tax Reporting ERP Experience

- Experience in implementing/upgrading Oracle R12 (in house).

- Testing and Support Experience during implementation and upgrade of Oracle R12.

- End user hands on experience and upgrade experience in PeopleSoft Applications (PS 8.0, 8.5, 9.1, & 9.2). Projects & Transition Experience:

• In house implementation/upgradation experience in: o Oracle R12 & 11i.

o PeopleSoft FS Module 8.0, 8.5, 9.1 & 9.2.

o PeopleSoft HR Module 9.1 & 9.2.

• Handled Migration Testing activities viz. UAT activities, Load Testing, rigorous testing, coordinating with Apps IT team and various other LOBs, attending feedback calls, etc.

• Hands on with Oracle BI Discoverer.

• Knowledge of financial module of Tally version 6.3 & 5.4.

• Well versed with Windows, MS Office (Excel, Word, PowerPoint and Access).

• Process Improvement, Clean-up & other projects:

o Automation of manual timecard processing.

o Reduced DSO from 49 days to 35 days.

o Moved 65% of vendors to ACH payment method.

o Reviewed Flowdowns/contracts with customers & vendors. o Member of Transactions Quality (Internal) Audit team and AR Internal Reporting Team. o Super user for Oracle system upgradation projects. o Special Projects, assisting other internal teams’ projects, etc.

• Planning & coordinating the knowledge transfer training by US team to India team. o Transition of Accounts Receivables Process.

o Transition of Collection Process.

o Transition of Vendor Management process.

o Transition of Payroll Process.

• Monitored and communicated progress and bottlenecks during the transition.

• Created performance measures related to the objectives.

• Logging, tracking, and following open issues to resolution and establishing target dates.

• Implemented an ongoing performance management process, as part of business-as-usual following transition. Educational Qualification:

Chartered Financial Analyst (C.F.A.) – Institute of Chartered Financial Analyst of India

Completed C.A. (Inter) – Institute of Chartered Accountants of India

Masters in Financial Management – Pondicherry University

Bachelor of Commerce - Madras University

Organizational Experience:

Nov 2009 to Till date:

Volt Information Sciences, USA (Arctern Consulting P Ltd, Bangalore) o Operations Manager – US Payroll, Accounts Receivables & Collections and Vendor Management. Prem R B Contact: +91-998**-*****

E-Mail: *******@*****.**.**

Mar 2005 to Nov 2009:

Oracle India Pvt. Ltd., Bangalore

o Team Leader - Accounts Receivable Process

Oct 1997 to Feb 2005:

M/s Sundar, Ranganath & Srinivasan, Chartered Accountants, Chennai o Accounts & Audit Consultant (Jan 2002 to Feb 2005) o Served as an articled clerk as part of Chartered Accountancy Course (Oct 1997 to Sep 2001)

Key Deliverables – US Payroll:

Timecard Processing:

o Maintain payroll information by designing systems; directing the collection, calculation, and entering of data.

o Balance the payroll accounts by resolving payroll discrepancies. o Provide payroll information by answering questions and requests. o Maintain payroll guidelines by writing and updating policies and procedures. o Comply with federal, state, and local legal requirements by studying existing and new legislation; enforcing adherence to requirements; advising management on needed actions. o Maintain employee confidence and protects payroll operations by keeping information confidential. o Complete operational requirements by scheduling and assigning employees; following up on work results. o Maintain payroll staff by recruiting, selecting, orienting, and training employees. o Maintain payroll staff job results by counseling and disciplining employees; planning, monitoring, and appraising job results.

o Contribute to team effort by accomplishing related results as needed. Employee Benefits:

o Ensure accurate and timely validation and processing of sick pay, holiday pay, PTO and longevity payouts.

o Ensure accurate set up and processing of per diem and salary exempt. o Publish metrics pertaining to Compliance.

o Maintain payroll guidelines by writing and updating policies and procedures. o Comply with federal, state, and local legal requirements by studying existing and new legislation; enforcing adherence to requirements; advising management on needed actions. o Maintain employee confidence and protects payroll operations by keeping information confidential. o Complete operational requirements by scheduling and assigning employees; following up on work results. Employee Support (Hotline):

o Handling the team which answers incoming employee calls regarding Pay and Timekeeping issues. o Responsible for maintaining a high level of professionalism with callers, remaining courteous with callers. o Meet performance metrics for inquiries by phone and email within established SLAs and meeting minimum daily/weekly volumes.

o Maintain caller information in the customer service database during and after each call. o Learn and stay updated on payroll troubleshooting tactics, system knowledge and stay informed of any changes in company activities that may impact the employee pay cycle.

Key Deliverables – Accounts Receivables & Collections and Vendor Management: Managing Accounts Receivables & Collections Team responsible for: o Creation & review of various transactions viz. invoices, credit memos, adjustments, refunds, sub system interface, manual journals, preparing the aging of receivables, provision for bad debts, etc. o Periodical (Weekly, Monthly, Quarterly & Year) closing activities for closure of books & reconciliation of AR sub ledger to GL.

Prem R B Contact: +91-998**-*****

E-Mail: *******@*****.**.**

o Preparing reconciliations for all AR accounts with GL and identify and close the open items if any contributing for the reconciliations under Records to Report (RTR). o Making a monthly analysis of aging of receivables and reporting the same to General ledger controllers under Records to Report (RTR).

o Adjustments to the invoices based on company policies and within control framework under Order to Cash (OTC).

o Preparing Non-Trade invoices based on request if any from business units and approval of BU managers under Order to Cash (OTC).

o Posting AR balances to GL on Weekly basis and analyzing for the unposted items if any from AR to GL. o Preparing weekly aging report of customers.

o Regular & consistent follow-up through email/phone with customers having past due items. o Calls with Customers to handle and fix disputes/discrepancies, expedite payments, etc. o Communication to past due customers with the help of Legal Department. o Forecasting monthly collections from the customers. o Ensuring that customer payments are received in a timely manner. o Developing and maintaining effective business relations with customers. o Publishing Top Aging Customers report to Management in US. o Escalating high value past due items and follow them up until they are cleared from Top Aging Customers Report.

o Reviewing and analyzing weekly aging reports prepared by the team to ensure that customer accounts are managed effectively.

o Weekly aging status meeting with Director in US. o Monthly review of sales tax, potential bad debts, unclaimed credits and on account items. o Preparation and Submission of various periodical reports to Management Team in US. o Working closely with Credit Department.

o Liaise with contract administration, sales, legal and operations departments. o Setting up SLA and maintaining Metrics of the Process. o Complying with SOX requirements on internal controls. o Maintaining an escalation/issue log to do the root cause analysis and fix issues at source level. Managing Vendor Management Team responsible for:

o Forecasting monthly collections from the customers and payables to the vendors. Analyze the variances. o Ensuring that customer payments are received and vendor payments are released in a timely manner. o Daily forecast to Treasury on payment to be released to the vendors. o Escalating Vendor past due items to Management.

o Maintaining portal access to the vendors.

o Staffing Assignment Verification.

o US & Canada Vendor Tax Reporting.

o Supporting Payroll, Disbursements, Vendor Maintenance & Expense processing teams. o Liaise with Contract Administration, Sales, Tax, Legal and Operations departments. o Member of Internal Quality Audit Team and facilitate external audits. Team Management:

o Communicate and reinforce organizational goals and initiatives in a way that helps team members to understand their contribution and accountability to the success of the organization. o Proactive sessions with individuals to ensure effective conflict management. o Planning & coordinating the training for new joinees. o Mentoring the team and motivating them through Rewards & Recognition program. o Providing positive and collaborative work environment. o One-on-one meetings with team members to give timely feedback and address their areas of concern. o Budgeting and Resource Planning.

o Team building and Team Bonding activities.

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