ANIL KUMAR THAKUR
Mumbai, Maharashtra
Summary
Experienced Accounts Payable Manager with 15 years of experience managing daily accounts payable operations. Expertise in overseeing invoicing, vendor relations, payment processing, and employee relations. Successful in reconfiguring workflow and staff responsibilities to improve efficiency.
Overview
15
15
years of professional experience
1
1
Certification
Work History
Supervisor (Manager)
WPP LTD
Navi Mumbai, MH
04.2022 - Current
- Direct and monitor workflow in GMB to ensure invoices are processed within SLA.
- Manage month-end closing, ensuring all account payments and ad-hoc entries are error-free.
- Identify and implement process and control improvements.
- Ensure 100% accurate and timely AP document processing with PO reference in Workday ERP.
- Identify staff training needs and provide training.
- Resolve AP inquiries and manage escalations promptly.
- Develop, implement, and maintain systems, procedures, and policies.
- Provide accounting assistance and respond to accounts payable questions.
- Assist with other projects as needed.
- Prepare and present weekly/monthly process and productivity reports.
- Implement systems for maximum operational efficiency.
- Lead process improvement initiatives.
- Monitor processes to maximize customer satisfaction.
- Conduct internal audits to ensure guideline adherence.
- Streamline audit processes, reducing errors by 20% and improving accuracy.
- Collaborate with cross-functional teams for timely, accurate payments and strong vendor relationships.
Manager
Lupin Limited
11.2021 - 04.2022
- Established overall performance standards for invoice processing and payments, providing strategic and operational leadership to ensure service delivery, maximum client satisfaction, and effective team management
- Ensured timely and accurate compliance with all statutory and internal guidelines for processing PO and Non-PO invoices.
- Managed compliance checks and tax compliances for GST, TDS (194Q/A, 206AB), resolving audit queries, and ensuring robust internal controls.
- Performed continuous development and training of team members, effectively managing attrition.
- Increased efficiency by leveraging expertise in SAP, Excel, and workflow systems.
Asst. Manager
JSW STEEL
12.2015 - 11.2021
- Established overall performance standards for invoice processing and payments, providing strategic and operational leadership to ensure service delivery, client satisfaction, and effective team management.
- Performed accounting functions, including accounts payable maintenance, invoice booking, and vendor reconciliations, ensuring accuracy and timeliness.
- Resolved disputes, discrepancies, and uncertainties regarding accounts payable invoices and payments, ensuring optimal service to vendors and departments.
- Implemented and maintained systems, procedures, and policies for accounts payable to ensure adherence to company guidelines and SOPs.
- Managed monthly financial close and posting, ensuring accurate financial statements and expense provisions.
- Acted as a liaison between the AP team, finance managers, and external departments (Procurement, HR, business) to meet information needs and maintain proper historical records.
- Maintained all service, supply, and non-PO invoices to meet management expectations.
- Conducted 3-way and 2-way matching, processing PO and non-PO invoices.
- Monitored daily invoice flow and aging, ensuring timely posting.
- Participated in continuous improvement projects within shared services.
- Developed and maintained relationships with vertical CFOs and plant finance.
Asst.Manager
Essel Group Ujjain
06.2014 - 01.2015
- Established the billing section, reducing financial losses by 15% through tariff corrections.
- Performed daily, weekly, and monthly monitoring of bill adjustments.
- Analyzed billing problems per consumer complaints, coordinating with second and third-level teams.
- Automated process documentation according to business plan.
- Prepared and sent MIS reports to higher authorities.
- Coordinated with internal departments to resolve consumer complaints.
- Escalated critical billing issues and ensured follow-up to avoid high invoice impact.
- Supervised and managed all billing processes.
- Detected errors in billing processes and implemented corrections.
- Increased quality of billing practices and procedures.
Sr .Executive
Torrent Power
02.2013 - 06.2014
- Led billing section, ensuring pre- and post-generation bill checks for accuracy, resulting in a 10% reduction in billing errors.
- Resolved billing complaints within in 48-hour timeframe, improving customer satisfaction by 20%
- Interacted with high-value customers, resolving issues and enhancing retention rates by 15%
- Analyzed consumer complaints, implementing measures to prevent future issues, reducing recurrence by 25%
- Prepared final bills and processed security refund advice for 100+ permanent disconnections monthly.
- Generated daily disconnection lists for non-paying consumers, improving collection rates by 12%.
- Calculated and prepared billing and collection efficiency reports at the central level.
- Reduced distribution loss and increased average billing by implementing targeted strategies
- Prepared billing activity reports and resolved pending issues, ensuring a 98% completion rate.
Executive
KSK Energy Venture Ltd
02.2009 - 01.2013
- Prepared and implemented schedules at injection points/drawl ends for 50+ O.A consumers and Discom, securing approval from the load dispatch center in Jaipur.
- Coordinated with Jaipur, Ajmer, and Jodhpur Discom Authorities regarding monthly MRI data, implemented schedules of L.D., and billing parameters.
- Generated daily MIS reports for payments, tracking received and pending amounts with Discom, resulting in a 15% improvement in payment collections.
Education
MBA - Finance
Suryadatta Group of Institute
Suryadatta Group Of Institute06.2007
PGDM - Finance
All India Management Association
All India Management Association12.2009
Master of Commerce - Account and Business Statics
Rajasthan University
Rajasthan University06.2011
Master of Commerce - Economic and Financial Management
Rajasthan University
Rajasthan University06.2006
Bachelor of Commerce - Commerce
Rajasthan University
Rajasthan University04.2004
Skills
- Invoice Processing
- Vendor Reconciliation
- Vendor Payments
- Workflow Management
- Quality control & Quality assurance
- SAP
- GST,TDS
- Relationship building
- Reporting Capabilities
- Training and mentoring
Certification
- Lean Six Sigma Green Belt (TUV 2021)
- Lean Six Sigma Black Belt (ICFQ 2021)
- IFRS from IACT in (June 2012)
- Cost Accounting and Management Accounting (June 2012)
Accomplishments
· 3-time Dependable Award for the year.
· Implementation RPA process and winning Big Ticket Award
· Best Team Manager of year 20-21
Languages
English
Advanced
C1
Hindi
Proficient
C2
English
Bilingual or Proficient (C2)
Hindi
Bilingual or Proficient (C2)
Timeline
Supervisor (Manager)
WPP LTD
04.2022 - Current
Manager
Lupin Limited
11.2021 - 04.2022
Asst. Manager
JSW STEEL
12.2015 - 11.2021
Asst.Manager
Essel Group Ujjain
06.2014 - 01.2015
Sr .Executive
Torrent Power
02.2013 - 06.2014
Executive
KSK Energy Venture Ltd
02.2009 - 01.2013
MBA - Finance
Suryadatta Group of Institute
PGDM - Finance
All India Management Association
Master of Commerce - Account and Business Statics
Rajasthan University
Master of Commerce - Economic and Financial Management
Rajasthan University
Bachelor of Commerce - Commerce
Rajasthan University
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