Accounts Payable Specialist Leader

VICKRAM BISNAUTH

************@*****.*** 917-***-**** Rego Park, 11374 NY Linkedin

Professional Summary

Detail-oriented Accounts Payable Specialist with immense years of experience in processing invoices and vendor payments across various sector. Proven ability to streamline accounts payable processes and achieve timely payment schedules, while reducing discrepancies by 30%. Exceptional skills in invoice reconciliation and financial reporting using systems like NetSuite, Concur, QuickBooks, Oracle and Salesforce. Dedicated to delivering actionable insights to enhance budget monitoring and compliance. Eager to bring expertise to a dynamic team focused on optimizing account processes. Facilitating smoother payment processes. Relationship-oriented Accounts Payable Specialist leader with a results-driven approach to generating revenue and establishing trusting relationships with valued customers. Areas Of Expertise

ü Accounts Payable

ü Accounts Receivable

ü Expenses Report Management

ü Vendor Management

ü Managing Invoices, Approvals,

Payments, and Reconciliation

ü Billing

ü Cash Flow Strategy

ü Financial Analysis

ü General Ledger

ü Billing Financial Planning &

Analysis, Reporting

ü Sales/Use Tax Compliance

ü CRM and ERP Systems

ü Oracle, NetSuite, Concur,

Salesforce, AvidXchange

Dynamics, SAP, & QuickBooks

Consultant Experience

Procurement / Accounts Payable Analyst Oct 24 – May 25 DSS. New York, NY.

• Processed and reviewed vendor invoices ensured accurate coding and data entry.

• Validated and reconciled invoices to ensure they align with approved budgets.

• Entered invoices into the City’s payables system for timely payment processing.

• Monitored fiscal year-to-date (FYTD) expenses against budget, coordinated budget amendments with not-for-profit providers when necessary.

• Monitored the invoices against the approved budget, expense report, encumbrance, and other fiscal document, and preform calculation and spreadsheet analysis.

• Preformed calculation for advancement calculation and recoupment base on registered contact and summitted expenses.

• Maintained accurate records of all vendor payments and assisted in improving accounts payable processes.

• Generated reports and provided actionable insights for management.

• Knowledge in government contract billing for federal, state, and city agencies including DHS and DSS.

• Ensured appropriate subcontractors/vendors are listed in city’s payee information portal and registered in PASSPort.

• Assisted in preparing provider contracts and portfolios, advance requests, and incumbrance amounts. Accounts Payable Specialist Consultant Apr 19 – Oct 24 Various Clients

Accounts Payable Specialist for Ptarmigan Media, FIRST Agency, Solomon R. Guggenheim, CNYCN, Wellington Shields & Co., LLC., Prevail Therapeutics, Santander Investment Securities. Inc., and Midwood Investment and Development:

• Received, verified, analyzed, processed, matched, batched, coded, reconciled, and uploaded all invoices into ERP systems. Managed coded and processed all travel and expense reports and American Express credit card for employees.

• Managed full-cycle AP transaction, generated the AP aging reports and cash forecasts.

• Responded to vendor inquiries & resolved discrepancies between invoices and purchase orders or receipts.

• Prepared and processed payments, credit memos, to vendors via checks, ACH, wire transfers or credit card, in a timely and effective manner.

• Managed vendor relationships: Building and maintaining strong relationships with vendors to facilitate smooth payment processes.

• Reconciled vendor statements; researched and corrected discrepancies; responded to vendor inquiries.

• Prepared accounting journal entries for monthly closing of G/L, allocation of various expenses and balancing of intercompany accounts.

• Ensured compliance with company policies, accounting standards, and audit requirements.

• Communicated with vendors and internal departments to address invoice-related issues.

• Developed and executed strategies for streamlining payment process to ensure timely payment.

• Maintained the supplier master database by updating supplier details per onboarding forms provided by Risk and Compliance department.

• Knowledge of three-way matching and invoice reconciliation.

• Maintained organized records of invoices and related documentation.

• Matched invoices with purchase orders and receipts to ensure consistency.

• Monitored invoice aging and coordinated with Accounts Payable team on timely payments release.

• Supported both internal and external auditors by providing requested documentation and explanations.

• Identified opportunities for process automation and workflow enhancements, driving efficiencies within the accounts payable function.

• Ensured compliance with accounting standards, internal controls, tax regulations, and company financial policies, maintained accuracy and adherence to regulatory requirements.

• Managed invoice approval and payment process, and reconciling invoices, payments, employee expenses.

• Developed and executed strategies for streamlining payment process to ensure timely payment.

• Identified and improved accounting procedures.

• Reconciled accounts payable transactions and assist in month-end close and participated in regular billing and invoicing processes as needed. Accounts Payable Specialist Jan 07 – Dec 18

Vector Media. New York, NY.

• Analyzed, processed, matched, batched, coded, reconciled, and uploaded all invoices, payments, receipts, and disbursements into NetSuite system.

• Managed the AP inbox - responded to email inquiries of vendor activity, invoice status, past due issues, research, correct discrepancies, reviewed and reconciled all vendor statements, etc. and also, maintained vendor and employee payment information.

• Analyzed cash flow statements and assisted with month-end close procedures.

• Assisted manager with Accounts Payable month-end closing procedures by identifying accruals and Journal entries.

• Managed journal entries, reconciled monthly, quarterly, yearly-end close.

• Reconciled and processed employees travel and expense reports by coding the expenses to the proper general ledger code and department compliant with travel policy; ensured all receipts are attached, mileage is correct, and approval signatures are valid using Concur system.

• Ran all AP aging reports on a weekly and monthly for COO and SVP of finance department.

• Ran financial reports as needed and set up all new vendors into NetSuite system. Also, Processed Wire & ACH payments.

• Reconciled and processed American Express credit card using MS excel Pivot tables and V-lookup for monthly transactions for employees.

• Generated, processed, reviewed all check requests, rent checks, and online payments as they occurred.

• Upheld pre-paid expense schedules, maintained cash flow within the budget and provided support during annual and other audits, as required.

• Prepared and maintained vendor files (W9s, W-8BENS, banking information) and validated year-end reporting (1099’s). Accounts Payable Specialist Apr 98 – Oct 06

Abacus & Associates., Inc. New York, NY.

• Performed general ledger review between Axys and Dynamics Great Plains systems then organized and distributed monthly disbursements to clients from Axys system.

• Responsible for general ledger account reconciliations and month end journal entries as required by performed account receivable duties and resolved chargeback issues as needed.

• Prepared trial balance line items and organized back up and work papers to assist the manager with monthly and quarterly closing, financial reporting. Also, assisted auditors during the annual auditing.

• Reconciled corporate accounts including operating portfolio, Norman foundation, recognition, and family trust bank accounts.

• Utilized the Great Plains system to book, dispose and depreciate fixed assets into the general ledger.

• Posted and adjusted journal entries for corporate accounts, fixed asset depreciation and deferred rent.

• Approved and processed accounts payable requests for rent and refunds also prepared, mailed, and collected tenant’s billing and service charges. Also maintaining vendor records: such as documentation, contact information, and payment terms, up to date.

• Maintained daily business sheets, logs, journal entries, bank statements, and all other files for various clients, investments, and partnerships and constructed a monthly schedule to defer rent expense for tenants.

• Supported the VP in tax division and controller in accounting and finance department and generated checks for taxes and expenses.

• Entered tax return data into Computax for all Individual, partnership, trust, foundation accounts and booked dividends and interest earned.

• Verified and maintained all vendor information for annual 1099’s reporting. Education

Bachelor of Arts

Queens College of the City University of New York

Skills

Proficiency in Oracle NetSuite, Concur, SAP, Salesforce, AvidXchange, Traverse, Microsoft Dynamics (Great Plains) and SL (Solomon), QuickBooks, Blackbaud Financial Edge NXT, Prisma, Certify, RealPage, Xero System, Positive Pay, Approval Max, Expensify, Bill.Com, SAP, Nexus Software, MRI Software, Kwik Tag, Sage MAS 90 Software, Belvedere System, PayTrace, Financial Management System (FMS), PASSPort, Slack, Tax Proforma ProSystem, Axys, Spectra OX, Microsoft Office Suite, Word, PowerPoint, Access, Excel, VLOOKUPS, Pivot Table.

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