Abhik Rakshit
New Delhi
Summary
Currently working as a Manager at Genpact India Private Limited. Total Experience (18 years).
Overview
17
17
years of professional experience
Work History
Manager
Genpact India Private Limited
06.2014 - Current
- Professionally agile in managing reporting/General Ledgers/ Quality Analysis (QA)/ Balance sheet reconciliation.
- Manage and process over 300 UW claim payments/vendor invoices on a monthly basis with 100% accuracy and timeliness.
- Actively collaborate with Claims Team on any payment discrepancies like amount difference between invoice and claim request, incorrect CCY.
- Ensure full compliance in terms of bank account for the vendors and get them validated before setting up the payment.
- Have always met AP TAT and accuracy as 100% against a target of 99%.
- Monthly booking of premium claims and reinsurance cash journals and bank reconciliation.
- Resourceful at maintaining relationship with clients to achieve quality product and service norms by resolving their service-related critical issues.
- Payment Run Process in SUN Systems for Ceded Reinsurance payment
- Ensure timely and accurate financial reporting.
- Technical Claims and underwriting YTD and ITD reconciliation.
- Maintain strong broker/vendor relationships with timely action on any discrepancy and avoid delayed payments.
- 100% audit of claims, reinsurance, profit commission and return premium payments daily.
- 100% reliable resource in the eyes of stakeholders from deliverable standpoint and adhoc client query resolution.
Process Specialist
Infosys BPM
06.2008 - 06.2014
- Preparation of month end journal entries (FA depreciation, accruals, prepaid & adhoc journal entries)
- Fixed asset reconciliation.
- Cash payments on customer accounts & daily cash balance posted to cash receipts.
- Research on unapplied payments & apply them to correct accounts.
- Coach new staff and provide valuable assistance based on experience & expertise.
- US Regulatory reporting update process SOPs with adoption on new steps implemented in existing process.
Education
MBA - Finance
Suresh Gyan Vihar Deemed University
06-2008
Bachelor of Commerce - Finance
Chhatrapati Sahuji Maharaj University
05-2006
Skills
- Client Handling
- Process Improvement
- Month-end closing & Reporting
- Reconciliations
- Internal Control
LANGUAGE
English
Hindi
Bengali
Accomplishments
- Won Silver Award twice for consistent and resilient performance.
- Visited London & Dublin for 2 weeks of meeting and conference.
- Regular positive VOC from client.
Timeline
Manager
Genpact India Private Limited
06.2014 - Current
Process Specialist
Infosys BPM
06.2008 - 06.2014
MBA - Finance
Suresh Gyan Vihar Deemed University
Bachelor of Commerce - Finance
Chhatrapati Sahuji Maharaj University
Disclaimer
I hereby declare that all information in the document is true and accurate to the best of my knowledge.
Hobbies and Interests
Travelling, Playing and watching cricket.
Disclaimer
I hereby declare that all information in the document is true and accurate to the best of my knowledge.
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