Shashikanth Shetty

 Responsible for Receivables invoicing, cash application, research and investigation of chargebacks and other adjustment entries for discrepancies.
 Ensure the accuracy of accounts receivable balances by considering the discounts, interest, commissions, proportions/percentages and bank charges. Monitor the credit limits.
 Resolving discrepancy issues like billing problems, duplication of invoices, issuing credit/ debit memos, corrected invoicing and supporting for document control and payment collections.
 Supporting management in decision making by determining client’s eligibility for the proposed type and amount of credit by analysing credit worthiness of customer and business credit policy.
 Monthly, quarterly and annual reporting which includes, corporate AR board schedule preparation, revenue recognition schedules, prepare budget, bad debt analysis and ageing reports.
 Responsible for process of bank documents like Letter of Credit and Performance Bank Guarantee Bonds to customer.
 Regularly evaluated customer financial data and payment history to evaluate credit exposure and adhere to credit policies and providing information for departmental, interdepartmental use.
 Preparation of Bank reconciliation statement, calculation of salary and performing month end close activities.
 Processing and managing suppliers and subcontractors invoices timely and accurately.
 Coordinating with internal and external audits as a result of sound record keeping and thorough documentation.

The team was responsible for Accounts Receivables division for Direct Energy, Canada based company involved in Oil, Gas and Electricity plant projects.
 Effectively communicate with Project Managers and Sponsors, regarding contract documents, purchase orders, change orders and other contract modifications.
 Assess and pursue opportunities for maximization of project profitability and communicate with Project Managers and Sponsors.
 Monitoring of Accounts Receivables, Payables and Project billing, Preparing monthly Project accounts and management information reporting.
 Review of time and expense entries on a weekly basis to ensure correct classification prior to billing.
 Research any unbilled receivables and ensure the maximum billings for each billing period.
 Develop and generate weekly and monthly project management reports, including, burn rate reports, utilization reports, project summaries and earned value reports.
 Issue monthly project profitability reports and monitor against project budget.
 Ensure all correct documentation in place prior to the commencement of the project in accordance with standard operating procedures.
 Ensure Project Managers and Sponsors obtain the necessary change orders prior to the exhaustion of the existing purchase order.
 Develop and maintain Project Management Procedures and Assist Project Managers and Sponsors with specific project reporting needs.
 Assist in the month end close, reconciliations and variance analysis.
 Providing training for new staff in the areas such as client relations, system operations and procedures.

 Maintaining financial transactions in Tally ERP and Assisted on completion and maintenance of general ledgers
 Maintaining Fixed Assets & Staff Salary Register and Payroll preparation.
 Assisting in budgeting and MIS Report preparation and as a credit analyst to shorten receivable cycle.
 Preparation and issue of payment cheques and Bank reconciliations.
 Assisted on completion and maintenance of general ledgers.
 Assisting the Auditor for all Statutory Requirements and preparing auditing and compliances documents. Preparing annual report.
 Performing the assigned task in preparation of operating, working capital and cash flow statement to top management.
 Handling petty cash and processing employee expenses claim reports.