Team Lead- Finance and Accounting
capgemini
Total years of experience :6 years, 8 Months
• Manage the overall monthly book close process
• Supervising local accountants for Accounts payable
• Manage all aspects of invoice processing- PO, Non PO, Debit/Credit Note, Urgent/Tax invoices, Recurring, Affiliates/IC, Utility etc.
• Prepare and perform Normal/Urgent/Adhoc payment schedules and Payment runs (Checks, Wires and ACH) with remittance advice and invoice exception handling.
• Handling Invoice discrepancy such as Material, UPM, GR, Tax, PO, Approval etc and constantly coordinating with Vendor, Procurement desk and other department.
• Perform Vendor reconciliation, Advance/Down payment reconciliation
• Serve as the integration point between Accounts Payable, Treasury Operations, Procurement, Accounts receivable and other functional groups
• Co-ordination and Assisting in Preparing Cash flows forecasting with respect to deficit/surplus cash management.
• Preparing Provision, Accruals, Cost reclassification Journals and posting with appropriate approval.
• Manage key AP performance metrics
Handled Period End closure
• Complete monthly reconciliation of the accounts payable sub ledger accounts to the general ledger
• Complete Various JV postings of Period end closure.
• GRIR reconciliation - Direct, Indirect, Aging, Open GR, Open IR, Mismatch analysis.
• Review and Manage Balance sheet reconciliation
Reporting:
• Estimation - Indirect Cost, Forex Gain/Loss, Hedge Gain/Loss Estimation etc.
• Review & analysis of Base cost and providing explanation for variances such as VOP, VPQ, VPY, VPE etc.
• Forecast of Expenses.
• Preparation of Budget
• Areas of saving in indirect expenses.
• Approval of Purchase Requests, Cheque requests.
• Guiding AP/GL Team in Accounting.
Accounts Payable:
• Managed the accurate and timely processing invoices, multi-site organizations. Assessed and closed A/P sub-ledger on a monthly basis, validated content and resolved various issues.
• Invoice Booking/Processing/Validating -PO, Non PO, Cheque/DD request, Employee payment
• Payment Booking/Processing/Validating- PO, Non PO, Cheque/DD request. Employee payment
• Resolving the discrepancy invoices such as Material Discrepancy, Price discrepancy, Tax discrepancy, Approvals etc
• Passing manual JV’s at Sub ledger and Ledger level.
• Periodic Reconciliation of the vendors Balances and Vendor Management
• Helping in Statutory audit/ ISO Audit.
Month-end activities (Reconciliation, Provision, Reporting)
• Balance Sheets Accounts Reconciliation
• Monthly reconciliation such as Advance reconciliation, TDS controller reconciliation, AP accrual reconciliation
• AP TP Local and Import and GL Balance reports, AP Liability reconcilation
• Passing Manual JV’s for revaluation.
• Creating Provision for expenses without PO
• Coordinating and directing activities of workers engaged in fitting, buffing, and storing products
• Reviewing the stock level on Daily, Weekly and monthly basis.
• Identifying and Developing Supplier base
• Examines and analyzes departmental purchase requisitions
• Recieving the goods at appropriate time
• Categorize adhoc request and initiating purchases at appropriate time
• Quality check and control of goods received and finished product
• Demonstrates continuous effort in improving operations
• Maintain inventory records
7.32, Real time projects in Working capital management and Evaluation of Credit worthiness of customer