Akshay Bindumadhav Akmanchi
Accounts Associate
Dombivili
Summary
Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.
Overview
10
10
years of professional experience
2018
2018
years of post-secondary education
Work History
Accounts Executive
Infinx Services Private Ltd
06.2024 - Current
- Increased client satisfaction by effectively managing accounts payable processes.
- Accomplished timely payment of invoices by maintaining accurate records and tracking due dates, minimizing late fees and interest charges.
- Supported audit preparation with thorough documentation maintenance, leading to smooth audit processes and favorable results.
- Reduced financial discrepancies by implementing stringent internal controls to ensure accurate recordkeeping.
- Maintained accurate vendor database by updating contact information and banking details as necessary for seamless transactions.
- Collaborated closely with procurement teams to ensure timely receipt of goods or services before initiating payment processes.
- Ensured compliance with internal controls by adhering to company policies and procedures while processing payments.
- Streamlined expense report processing through implementation of an online submission platform, increasing efficiency for both employees and finance teams alike.
- Promoted a positive work environment by consistently meeting deadlines and maintaining open communication channels with colleagues and manager.
- Minimized fraud risk by verifying invoice authenticity before processing payments, protecting company assets from potential threats.
- Matched purchase orders with invoices and recorded necessary information.
- Effectively communicated with clients about payment needs and kept updated, detailed and accurate ledgers.
- Handled day-to-day accounting processes to drive financial accuracy.
- Conducted thorough vendor reconciliations, promptly resolving any discrepancies or irregularities identified during the process.
- Monitored cash disbursements to prevent duplicate payments or overpayments to vendors, safeguarding company resources from potential losses.
Accounts and Finance Executive
Welltec Oil Field Services Private Ltd
03.2019 - 02.2024
- Daily accounting and finance work
- Looking into vendor creation, vendor reconciliation
- Booking of PO and Non-Po invoices of vendor globally to Microsoft NAV
- Following the approval matrix, selection of GL, department code, cc code
- Making co-ordination with purchaser for query related PO based invoices
- Reviewing and booking of employee expense globally
- Going through the part of checking the receipts, approval, overall compliance of expense policy
- Making monthly payment for employee expense and booking the payment entry
- Monthly calculation and forwarding TDS and GST Calculation list for filing
- Following up with global employee for recovery of their cash advance and making the adjustment against the expense
- Reconciliation of intercompany invoice settlement
- Recovering of invoices from creditors which can be traced in reconciliation
- Making documentation of all supporting of process in support of best practices
- Reduced manual workload by automating routine tasks, increasing overall efficiency within the finance department.
Accounts and Finance Executive
Kellogg India pvt Ltd
09.2017 - 12.2018
- To assist and get the work done from outsourcing team for payments and necessary entries
- Daily accounting and finance work
- Handling and Preparing MIS
- Investigating and resolving queries relating to non payment of invoices
- Reconciliation of intercompany invoice settlement
Purchase Assistant
Ruby Mills Ltd.
04.2016 - 08.2017
- Enquiring and collecting quotation and do the necessary commercial and technical negotiation with supplier
- Following up with Works/Store confirming receipt of material
- Making of Purchase order by considering the stock
- Timely followup and making payments of Material Receipt Note (MRN)
- Making monthly, quarterly, annually statements of raw material received and consumed
Account Assistant
V.C. Shah &co.
03.2015 - 03.2016
- Handling Receipts and Payment of the Firm
- Entering and passing necessary entries in software on day to day basis
- Reconciliation of bank statement
- Handling Human Resources activities like day to day employee attendance, salary related activities and full and final settlements procedure
Education
Post Graduate Dimploma - Finance Management
Welingkar Institute of Management Development And Research
Mumbai, IndiaDiploma - Financial Management
Welingkar Institute of Management Development and Research
Bachelor of Commerce - undefined
Mumbai University
Higher Secondary Certificate - undefined
Mumbai Board
Secondary School Certificate - undefined
Mumbai Board
Skills
Well versed with Microsoft Office
Invoice management
Strong interpersonal skills
Expense management
Proficient in accounting software
Proficient in networking
Personal Information
Date of Birth: 01/25/92
Career Path
- Welltec Oil Field Solutions India Pvt Ltd, Accounts and Finance Executive, 03/01/19, 02/29/24, Daily accounting and finance work., Looking into vendor creation, vendor reconciliation., Booking of PO and Non-Po invoices of vendor globally to Microsoft NAV., Following the approval matrix, selection of GL, department code, cc code., Making co-ordination with purchaser for query related PO based invoices., Reviewing and booking of employee expense globally., Going through the part of checking the receipts, approval, overall compliance of expense policy., Making monthly payment for employee expense and booking the payment entry., Monthly calculation and forwarding TDS and GST Calculation list for filing., Following up with global employee for recovery of their cash advance and making the adjustment against the expense., Reconciliation of intercompany invoice settlement., Recovering of invoices from creditors which can be traced in reconciliation., Making documentation of all supporting of process in support of best practices.
- Kellogg India Pvt Ltd, Accounts and Finance Executive, 09/01/17, 12/31/18, To assist and get the work done from outsourcing team for payments and necessary entries., Daily accounting and finance work., Handling and Preparing MIS., Investigating and resolving queries relating to non payment of invoices., Reconciliation of intercompany invoice settlement.
- Ruby Mills Ltd., Purchase Assistant, 04/01/16, 08/31/17, Enquiring and collecting quotation and do the necessary commercial and technical negotiation with supplier., Following up with Works/Store confirming receipt of material., Making of Purchase order by considering the stock., Timely followup and making payments of Material Receipt Note (MRN)., Making monthly, quarterly, annually statements of raw material received and consumed.
- V.C. Shah & Co., Account Assistant, 03/01/15, 03/31/16, Handling Receipts and Payment of the Firm., Entering and passing necessary entries in software on day to day basis., Reconciliation of bank statement., Handling Human Resources activities like day to day employee attendance, salary related activities and full and final settlements procedure.
Timeline
Accounts Executive
Infinx Services Private Ltd
06.2024 - Current
Accounts and Finance Executive
Welltec Oil Field Services Private Ltd
03.2019 - 02.2024
Accounts and Finance Executive
Kellogg India pvt Ltd
09.2017 - 12.2018
Purchase Assistant
Ruby Mills Ltd.
04.2016 - 08.2017
Account Assistant
V.C. Shah &co.
03.2015 - 03.2016
Diploma - Financial Management
Welingkar Institute of Management Development and Research
Bachelor of Commerce - undefined
Mumbai University
Higher Secondary Certificate - undefined
Mumbai Board
Secondary School Certificate - undefined
Mumbai Board
Post Graduate Dimploma - Finance Management
Welingkar Institute of Management Development And Research