Ashay Naik

• To play key role in current and upcoming Projects and ensure stages are achieved in given timelines
• Review contracts to ensure revenue is recognized in accordance with Company’s policies and U.S GAAP
• Work closely with various departments, such as Legal, Sales and support revenue team by researching and analyzing revenue recognition issues, identifying key risk areas, contemplating alternatives, and providing recommendations
• Lead and participate in cross-functional project teams formed to address business process improvements in revenue and receivable area
• Manage work allocation and team members to ensure workforce is applied in most efficient manner
• Perform Audit of Opportunities (Contracts) on Salesforce CRM application to ensure accuracy of information for Internal and External Reporting
• Participate in team meetings with Local teams in US, EMEA, and APAC region to discuss process challenges and suggest process improvements
• Lead and participate in cross-functional project teams formed to address business process improvements in revenue and receivable area
• Track, analyze and interpret flow of volumes and plan and allocate tasks to improve process efficiency
• Handle SOX Compliance process and ensure to meet monthly reporting timelines
• Perform Training sessions, access requirements for new joiners with predefined schedule and ensure smooth integration with team

Process Improvements and Achievements

• Successfully transitioned US process remotely and maintained required accuracy and timelines.
• Improvised Audit process by enhancing Audit Screen view in Salesforce which assisted to consolidate audit information in single screen.
• Developed daily dump process and saved 15-20 mins for team daily.
• Introduced count re-assignment practice to ensure team meets TAT requirements
• Developed and applied process to reduce Opportunity return cycle time to expedite early responses from relevant team.
• Proposed and implemented Quality check process with limited resources also avoiding any impact on daily team production.
• Applied effective time management techniques to meet tight deadlines
• Participated in team projects, demonstrating ability to work collaboratively and effectively
• Completed paperwork, recognizing discrepancies and promptly addressing for resolution

• Handle end to end payment processing activity for UK clients single handed
• Performing Quality checks for Invoice processed by concerned team to ensure invoice are processed correctly
• Performing payments of clients on timely basis in SAP ERP Application
• Perform daily scheduled payment runs and prepare daily cash outflows statements for business stakeholders to facilitate decision making
• Perform reconciliation for processed payment, check for any discrepancies or rejections and take appropriate actions
• Perform manual payments (Urgent Payments) involving huge amounts with extreme caution and on timely basis received in workflow
• Maintain records of Vendor and Employee rejections and ensure are paid within due time to avoid any legal consequences
• Resolve query in coordination with invoice processing team and Help desk team for vendors and employees
• Verifying vendor accounts and employee accounts by performing exception reports to avoid delay in payments to stakeholders
• To research and resolve issues relating to vendors and employee setup by connecting with
• Vendor Master Team, HR Team, IT team, Banks etc. to take corrective action
• Maintain records of Manual/Schedule payments and share details with clients on a daily and timely basis
• Follow up with requester regarding discrepancies in Manual payment requests
• Carry out clearing of Vendor Line items by connecting with invoice processing teams
• Coordinate with clients over calls at regular intervals to discuss issues in process and suggest improvement
• Responding to all queries relating to vendor and employee payments.

Job Responsibilities

• To carry out daily entries in tally and maintain up to date records of company
• To verify Excise, Service Tax, VAT and Sales Tax, Income Tax & TDS data for further payment or availing the credit
• To check ledger and other financial statements of company for any error of omission, commission, compensating errors and to take necessary steps in correcting same
• To keep check on the cash expenditure on monthly basis and analyze wastages in organization
• To verify salaries and wages payable to employees
• Keeping track of Receivables and Payables with regards to the Credit Period
• To prepare and maintain record of employee’s salaries and wages and finalizing the same through senior officials
• To maintain records of all the transactions