Assistant Finance Manager
Jones Lang LaSalle
Total years of experience :13 years, 0 Months
Nature of work: - Lead the budget management into the preparation of annual budgets and monitoring company performance against estimates of financial planning and analysis activities
Develop and implement indirect sourcing strategies that address cost, and expected service purchase order collect from client in order to avoid delay in payment.
Working on the customer billing function in APAC & India which also includes proper audit & check of the invoices before deliver to the customer/partners.
To verify the invoices received from different customer and to ensure sufficient supporting documentation present for weekly & monthly payment.
Manage revenue related activities which are including overseeing the credit, billing and collection function & post accruals journal entries on monthly basis.
Supporting to the Ad-hoc projects where immediate support is required. Also, major participation in creating & distributing weekly Ad-hoc Reports.
Facilitating discussions between different parties in order to resolve performance, risk And compliance issues identified during monthly Service Level Agreement.
1) Project Title: Ad-hoc Billing:
Defined project plans and timeline, manages workflow and personally achieved completion deadlines on or before schedule.
Identifies errors in Ad-hoc billing process totaling & earn revenue for organization by identifying unbilled Ad-hoc $150, 000. Carried out forensic investigation into process failures to ensure mistake not repeated
Nature of work: - Works with assigned departments to prepare monthly & quarterly budgets and monitors the budgets for assigned department throughout the budget & scheduling actual expenditures, analyzing variances report between budget & actual expenditures for initiating Corrective actions.
Preparation & verification of accrual data receive from assigned departments & post accruals journal entries monthly basis for the approval.
Prepare client statements, bills, invoices & generate weekly aging reports. Followed up with client for initiate collection efforts to boost collections for resolved accounts receivable issues with client.
Receive and verify invoices as well as requisitions for goods and services. Prepare invoice batches for data entry & payment. Process backup reports after data entry & manage the monthly & weekly payments.
Analyze, investigate & resolve accounting issues, including dealing with internal departments & Clients. Ensure meeting Client service level agreement on process turnaround time and quality
measures.
Maintain listing of accounts payable & general ledger as well as updated vendor files (NDC), distribute monthly financial reports & identifies opportunities for process improvements.
1) Project Title: Process Mapping
Develop improvements to existing processes to deliver improved business performance
Partner with department management to evaluate and make recommendations to update department workflows, processes and procedures to improve productivity.
2) Project Title: Exception & Backlog
Eliminated a five-month invoicing backlog within first one month
Quickly identified major accounting discrepancies
Meticulously audited an invoice tracking system and analyzed data which identified shortfall
Initiated a process improvement that resolved a long-standing problem with a major supplier and significantly increased efficiency and accuracy
Nature of work: - Analyze purchases by expense type & process all purchase Invoices (Po Invoices, Non-PO Invoice) as well as refunds (Credit Memos) for the correct treatment of taxes on expense
Invoices.
Track all expenses and process expense reports for the electronic transfers (Payment) & post transactions to ledgers and for other records.
Reconcile accounts payable transactions to avoid unwanted errors by matching AP Invoice with the GL for the Set-up and maintain supplier accounts to ensure payments are up to date.
Research and resolve invoices issues (Invoice Exception Resolution) & corresponding with vendors and respond to all inquiries.
1) Project Title: Quality
• Work with a team to provide end to end continuous quality improvement
• Develop an overall plan, approach & timeline based on client scope (e.g., areas above) and help manage & track progress
• Participate in the design, development, implementation and monitoring of quality programs
• Provide explanations and information to others on topics within area of expert
Nature of work: -Responsible for Planning & Execution home office function- like Data Collection, Recording, Processing (Data entry to Disbursement), Keeping Accounts Books (AP, AR, GL) & Bank transaction, Reporting, office Administration (Monitoring to executive for the proper work) etc.