Balaji AV
Bengaluru
Summary
With 14.4 years of experience in Accounts Payable, I possess extensive knowledge of the entire accounts payable process. Currently serving as a team lead in a multinational corporation (MNC), my focus is on resolving complex issues, optimizing processes, and driving continuous improvements in Accounts Payable. Throughout my career, I have consistently achieved cost savings, increased efficiency, and enhanced profitability for the organization.
Overview
2025
2025
years of professional experience
Work History
Finance lead (Team lead) Accounts Payables
Oracle India Private Limited
- Current
- Company Overview: Currently spearheading responsibilities as a finance lead (team lead) Oracle India Private Limited, Bangalore, India
- Accounts Payable Team leader | varies accounts payables reports preparing | Vendor Reconciliation | Analysis/ Supplier & Employee expenses payments verification
- Experienced Accounts Payable end to end knowledge, and present team leading with over 14.4 years of experience in MNC Company
- Excellent reputation for resolving problems, improving process, and driving overall accounts payable improvements
- Consistently saved costs while increasing profits
- Supervise and mentor the accounts payable team, providing guidance on day-to-day tasks
- Assign responsibilities and ensure workloads are balanced among team members
- Conduct regular team meetings to share updates, resolve issues, and encourage collaboration
- Train and onboard new team members, ensuring they understand policies and processes
- Oversee the end-to-end AP process, including invoice processing, payment approvals, and reconciliations
- Handle escalated issues related to invoices, payments, or system errors
- Act as the primary point of contact between the AP team and other departments, such as procurement, finance, and treasury
- Collaborate with vendors to resolve disputes and address payment delays or discrepancies
- Ensure effective communication with stakeholders about payment schedules, exceptions, and priorities
- Handled daily A/P processes, supervised AP assistants, managed vendor/supplier relations and oversaw the timely, accurate processing of invoices, expenses report, and credit memos & payments transaction
- Research financial anomalies and make corrections as necessary
- Handling FA accounting end to end Activity
- Provides consistent high-quality service, complying with Service Level Agreements (SLA's) and Key Performance Indicators (KPI's), escalating to Director as appropriate
- Ensure that the team adheres to process and controls regarding Payment Processing
- Ensure that scheduled payment runs are executed timely
- Review and approve all manual wire transfers in the Online Bank system
- Review and approve all Positive Pay items that are presented by the bank
- Ensure that the team provides timely reconciliation of the CM Open items to ensure month end targets are met
- Review the payment activity of new bank accounts to ensure Electronic Banking is implemented when necessary
- GST tax calculation verification
- Oracle accounts including vendor's invoice processing, payment details for vendors, payment breakups and calculation of TDS (tax deducted at source)
- Review AMER and EMEA tax calculation i.e Sales Tax, Vat and other tax and validation invoice and payments
- Dealing client requirement query's though email and calls to proving resolution on time
- Dealing US country supplier queries and payment details providing on time
- Resolving vendor and expenses query through E-mail, Phone and at the desk
- Allocating work to the team daily and at the end of the day cross checking the work balance, error count and educating team members to reduce the error count and improving the process
- Duplicate invoice check and One Time Vendor invoice posting
- Currently spearheading responsibilities as a finance lead (team lead) Oracle India Private Limited, Bangalore, India
Senior finance Assistant Accounts Payable
Accenture Services Private Limited
05.2011 - 04.2016
- Company Overview: Accenture Services private limited, as leading BPO process, consulting, F&S and IT services with Client
- We take care of cost and service expenses including accounts booking
- Processing the invoice like purchase order invoices, non-Purchase order invoice and credit notes
- Identify process weakness and work for continuous improvement for the same
- Check of Indian taxation and service in invoice processing
- Accenture accounts including vendor's invoice processing, payment details for vendors, payment breakups and calculation of TDS (tax deducted at source)
- Invoice reporting on daily, weekly, and monthly basis
- Resolving all escalated issues regarding the process
- Actively participated in Process Stabilization due to new system migration
- Lengthwise quality check on weekly & monthly basis
- Rental tracker: PAN India Accenture office rental tracker with rental agreements
- Budgeting: Preparing budget for Rent/Revenue share and Expenditure tracking every month before month end books close
- GL Analysis: Ensure to do GL balance tracker before finalizing TB
- Accenture Services private limited, as leading BPO process, consulting, F&S and IT services with Client
- We take care of cost and service expenses including accounts booking
Accounts Executive
ITC Foods
08.2008 - 05.2011
- Company Overview: ITC foods division, we take care of invoice processing, vendor outstand clearing on daily basis and creating purchase orders
- Vendor invoices processing and end to end account payable processing in SAP
- Creating vendor code as per agreement
- Receiving, verification & processing of invoices
- Calculation of TDS
- Advance payment to vendors & reconciliation for the same
- Making payment to vendors through cheques, pay-orders & E-transfer
- Generating purchase
- PO & NO PO invoices processing
- Resolving queries regarding vendor invoices and employee reimbursement through e-mail and phone
- ITC foods division, we take care of invoice processing, vendor outstand clearing on daily basis and creating purchase orders
- Application Used: Fusion Cloud, Oracle R11 & R12, SAP (ECC6.0), Ariba & SMAART
Education
MBA - Commerce
CV Raman Open University
Bengaluru, India01.2013
Bachelor of Arts - Accounting
Bangalore University
Bengaluru, India08-2008
Skills
- Internal controls
- Business intelligence
- Cost accounting
- Investment analysis
Technicalexpertise
MS Office, Express, Windows 95 / 98 / 2000, 2013, 2014, 2016, Internet Explorer, Oracle R12, Fusion Cloud, SMAART ERP, SAP ECC 6.0, Oracle R12, Fusion, SAP, Ariba
Languages
English
Kannada
Hindi
Telugu
Personal Information
- Location Preference: Bangalore
- Date of Birth: 09/22/86
- Marital Status: Married
Timeline
Senior finance Assistant Accounts Payable
Accenture Services Private Limited
05.2011 - 04.2016
Accounts Executive
ITC Foods
08.2008 - 05.2011
Finance lead (Team lead) Accounts Payables
Oracle India Private Limited
- Current
MBA - Commerce
CV Raman Open University
Bachelor of Arts - Accounting
Bangalore University
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