Akshay Prakash

• Managed daily Accounts Payable (AP) processes; managed vendor relations; administered the timely, accurate processing of invoices, purchase orders, expense reports, credit memos and payment transactions
• Maintained adherence to corporate, accounting and GAAP standards; addressed escalated Accounts Payable issues raised by employees and vendors; ensured accurate and compliant files and records in line with company policies and government regulations
• Experienced in leading Procure-to-Pay Process in coordination with other departments involved; engaging with vendors for procurement & processing payments within defined timelines
• Capable of providing assistance in financial decision-making process through analysis, financial projections (planning, budgeting & forecasting) and reporting
• Expertise in ascertaining smooth management of Accounts Payable and ensuring efficient processing (accounting, billing systems, payment allocation & month-end reporting) of company payables
• Implemented UK Prompt Payment Practices Report (Monitoring GB Invoices to ensure 95% of the booked invoices are paid within agreed Pay terms and to check if POT is achieved).

• Supervising Middle East, Russia, South Africa & Turkey markets
• Administering functions; Securing Delivery, Quality Assurance, Escalations Resolution, Customer Relationship
• Conducting Interviews of resource replacement and improving Process
• Developing effective team by motivating and taking various initiatives
• Implementing: GDMR (Global Desk Manual Repository) updating Desk Manuals for Source to Settle Accounts Payable Process, OSVC - Portal enhancement (Upgradation of Service Portal), FTMR - First time right (Monitoring to ensure, processed invoices are paid without any discrepancies)
• SPOC for consolidation of Audit on monthly basis by coordinating with multiple teams and sharing the file with the Quality team with AP comments
• Managing Refund process and Refund requests, on daily basis that are processed and updated in the Apex tool
• Coordinating with KPI team simultaneously for regular activities & administering first level of escalation
• Creating and managing invoices coding spreadsheets that included pivot tables to be entered in ERP
• Leading the processing, distribution, accuracy verification and maintenance of invoices, interfacing extensively with a nationwide network of vendors and suppliers
• Ensuring that the Accounts Payable team replying to all queries in a timely manner and that all queries were dealt correctly.

Acted as First point of contact for P2P queries for Oracle APAC, EMEA & US, including: o Purchase Order modification
o Up sold e-Invoicing solutions
o Addressed legal payment reminders and liaised between Oracle suppliers and Banks for smooth payment initiation o Assignment/Distribution of queries within the process
o Checked quality of email and telephone responses
o SME to train new recruits on P2P and Foreign Vendor Payments o Led Foreign Vendor Payments
o Prepared documents to obtain 15CB and 15CA Certificates

Acted as First point of contact for P2P queries for Oracle APAC, EMEA & US, including: o Purchase Order modification
o Up sold e-Invoicing solutions
o Addressed legal payment reminders and liaised between Oracle suppliers and Banks for smooth payment initiation o Assignment/Distribution of queries within the process
o Checked quality of email and telephone responses
o SME to train new recruits on P2P and Foreign Vendor Payments o Led Foreign Vendor Payments
o Prepared documents to obtain 15CB and 15CA Certificates