Ramesh Koli

Accountant
Qualcomm
August 2016 - Present Hyderabad Area, India
Deals with the - Accounts receivables / Cash application / Collections.
ERP - ORCALE

• Part of Global Accounting Operation Center(GAOC) Hyderabad it is the shared services operation center for Qualcomm

Roles & Responsibilities:

• Core Cash Application, dealing with 15+ bank accounts for cash application.

• Contacting (follow up) with customer for remittance is regular activity and part of collection.

• Reconciling the bank accounts with total deposit vs total application

• Posting all check payment every day from lockboxs

• End to end activities of Cash application & Collection

Process Associate
Thomson Reuters
March 2014 - Present Hyderabad Area, India
Deals with the - Accounts receivables / Cash application / COAQS / Billing

Roles & Responsibilities:
 My position is to manage Thomson Reuter’s business (Sweet & Maxwell) by providing financial service by using various applications primarily SAP application.

Cash application
• Downloading the bank statements and running the worklist where the payments which come to business by the way of Cheques, Credit card, Wire Payments, and EFT posting or applying the payments to invoices for different company codes.

• To work on all Open Cash items and confirm they are accurately apply to invoice after all research is accomplished.

• Documentation - Confirm that the Open Cash items applied manually is supported adequately with proper supporting documents for audit trail for matching the payments to the correct customers account. Searching for remittances before applying cash.

• Any payment which the business receives when unable to Identify payment after all research will be moved to a suspense account & called as unapplied (PI) and team does a advance research on these payments and try to identify the orders where the payment needs to be applied.

• Processing refunds and releasing the credit note to customer when required.

COAQS - (Customer Operations Administration Quality Support)
• Responsible for centralized email box of Sweet & Maxwell business where in I receive all emails (queries) from customer and segregating queries (tickets) to responsible departments.

• Responsible for processing invoice copies, invoice amendment, supplying supplier/bank/tax details, purchase order (PO) queries, solving issues related to invoice/credit notes/billing and payments queries by handling inbound and outbound of emails & phone some times.
• Managing and keeping Customer Master Data up to date.

Billing

• Creating invoices for goods delivered according to rates agreed in the contracts
• modification of invoice
• Preparing Billing Block Report
• Submitting Invoices in Customer Portals with PO or without PO for payments
• Respond to the billing queries from both internal & external parties
• Ability to prioritize duties and function effectively in a multi-task environment

Process Associate
Hibu India pvt ltd (TCS)
Past - January 2012 - February 2014 (2 years 2 months) Hyderabad Area, India
Deals with - Accounts Receivables / Credit Assessment / Customer Support

Roles & Responsibilities:

• Receiving different modes of payments like Electronic fund transfer (EFT), credit card, direct debit and allocating the payments to different invoice.

• Identifying clients outstanding balance, checking all the invoices (bills), bank details, obtaining the financial position and payment behavior of the clients

• Regular cash and credit check, providing credit limit to the clients and giving credit rating through risk category.

• Refunding & Transferring the excess amount to the clients or if the clients have any future orders putting the excess amount in Reserve (salvage A/C).

• Write Off, Termination & Cancellation of orders if the clients are not good at payments and chasing clients.

• Perform regular customer account analysis and send dunning letters.

• Running the daily & monthly reports of Cash, Credit, Unbilled reports and giving Financial Information reports to on-shore team (UK Management).

• Solving client’s queries related to Finance and Accounts (F&A) by handling inbound and outbound of emails coming from internal clients. Answering billing/Service queries to clients and different departments of Company Managing clients complaints by providing specialized solutions.