ANKIT SONI
GURGAON
Summary
Accomplished team lead in accounts receivable with extensive experience in overseeing collections, cash applications, and reconciliation processes. Proven track record in preparing detailed reports on AR aging, DSO, and team KPIs, while implementing best practices to enhance AR processes and reduce overdue accounts. Adept at dispute resolution through effective client communication, and strategic management. Skilled in B2B collections, account reconciliation, and process improvement initiatives. Career goal: to leverage expertise in order to optimize financial operations and drive organizational success.
Overview
4
4
years of professional experience
Work History
Team Lead
Mynd Integrated Solutions Pvt.Ltd.
04.2025 - Current
- Team Supervision & Leadership: Lead and manage a team of AR specialists/analysts, assign workloads, monitor performance, and provide guidance.
- Accounts Receivable Operations: Oversee collections, cash applications, and reconciliation processes. Ensure timely issuance of invoices, and follow up on outstanding payments.
- Reporting & Analysis: Prepare regular reports on AR aging, DSO (Days Sales Outstanding), collections, and team KPIs, Analyze trends and identify risks in receivables; suggest improvements.
- Process Improvement: Implement best practices to improve accounts receivable processes and reduce overdue accounts. Assist in automation initiatives and ERP system enhancements.
- Dispute resolution: Dispute resolution through various meetings with customers, virtual or physical. Investigate and resolve customer disputes related to orders, invoices, or payments.
- Onboarding and Orientation: Ensure new hires understand the full accounts receivable process: invoicing, collections, cash application, credit notes, and reconciliations. Identify individual and team training needs through regular observation, performance metrics, and feedback.
Senior Executive- F&A
Mynd Integrated Solutions Pvt.Ltd.
08.2023 - 03.2025
- B2B Collections: Manage end-to-end B2B collections and O2C processes, ensuring timely invoice submission and reconciliation for multiple accounts.
- Account Reconciliation: Day-to-day reconciliations to find the gap in payments and to ensure proper, timely booking of invoices. Reconcile customer accounts to ensure all payments are accurately recorded and allocated.
- Reporting and Analysis: Prepare regular reports on order processing, collections, and cash application for management review. Conduct customer account analysis to identify trends, payment patterns, and potential risks, providing insights to improve collections strategies.
- Client communication: Engaged in regular communication with clients, delivering detailed reports, and providing insights based on analysis. Conducted client calls to discuss credit assessments, and address any queries or concerns.
- Dispute resolution: Dispute resolution through various meetings with customers virtual/physical. Investigate and resolve customer disputes related to orders, invoices, or payments.
- Payment Adjustments: Apply incoming payments to the correct customer accounts, and use Oracle Financials to process payment adjustments, track outstanding balances, and perform reconciliation to maintain accurate customer accounts.
- Process improvement: Contribute to process improvement initiatives that streamline collections procedures, and reduce outstanding payments.
KCC Accountant - O2C
Ecogreen Energy Gurgaon Faridabad Pvt.Ltd.
10.2021 - 07.2023
- Invoice Generation: Generate and distribute accurate invoices to customers based on fulfilled orders, and ensure that all billing information is correct, including product details, pricing, taxes, and payment terms.
- Invoice Submission: Timely submission of invoices via. Email, hard copy, or on the customer's portal.
- Collections: Monitor accounts receivable, follow up with customers on outstanding payments, and implement collection strategies to reduce days sales outstanding (DSO) and minimize bad debt.
- Communicate: effectively with customers to resolve payment issues, negotiate payment plans, and handle disputes.
- Cash Application: Apply incoming payments to the correct customer accounts and invoices, identify and resolve any discrepancies or unapplied payments.
- Dispute Management: Investigate and resolve customer disputes related to orders, invoices, or payments.
Education
MBA - Marketing & Finance
M.D.U. CENTRE FOR PROFESSIONAL & ALLIED STUDIES
07-2023
B.Com -
Govt. PG College
07-2021
Skills
- Order to Cash (O2C) Process
- Process Improvement
- Persistence
- Time management
- Client communication
- Team Collaboration and Leadership
- Strategic Management
- Dispute resolution
Timeline
Team Lead
Mynd Integrated Solutions Pvt.Ltd.
04.2025 - Current
Senior Executive- F&A
Mynd Integrated Solutions Pvt.Ltd.
08.2023 - 03.2025
KCC Accountant - O2C
Ecogreen Energy Gurgaon Faridabad Pvt.Ltd.
10.2021 - 07.2023
MBA - Marketing & Finance
M.D.U. CENTRE FOR PROFESSIONAL & ALLIED STUDIES
B.Com -
Govt. PG College
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