Suchith Kumar

I.Accounts Payables:

• Vendor Creation, PO, GRN & Responsible for end-to-end invoice processing
• Leverage detail-orientation and accurate data management strengths to process vendor invoices, enter purchase orders, and record transactions / vouchers
• Coordinating and ensuring timely and accurate billing items executed for the different projects
• Ensure coding is accurate for all the invoices with correct GL Account, Business Unit, Branch, Cost Center, Account code etc
• Tracking all invoices (both PO & Non-PO invoices) received from the vendor and ensuring they are paid per payment calendar and as per the existing P2P (procure to pay) process
• Verification of documents from all over the Projects and to make the corrections of payments (If necessary) and to clear the approvals and to complete the process of the payments
• Responsible for contractual agreements for the operation of the company, updates, renewals, Negotiations
• Manage the full Payment cycle of accounts payable including receiving, processing and verification and final process
• Reconciliation of invoice exceptions and determining needed corrections, request outstanding invoices
• Reviewed and analyzed information to identify issues; performed research to quickly resolve concerns
• Preparation of the Project Closure documents & passing the closure Entry at the time of completion of Projects

II. Accounts Receivables:

• Collecting customer data for Account creation, Debtors GSTIN verification
• Working closely with project members to effectively deliver on Sales Invoices
• Getting Details of confirmation and Importing work contract orders to our accounting data base
• Maintaining daily Invoice details on MIS and sharing to management and Project team for approvals
• Monthly Sales Reconciliation and raising Credit Notes
• Generating Advance Invoices and having a track on advance Utilization, maintaining reports on the same
• Daily Invoice and sales reporting to Business Controller, Helping on Month-end target Closure
• Generating outstanding statements on daily basis and sharing Invoice soft copies, supporting documents for Payment collection
• Preparation of weekly & monthly MIS & Process Update report for the entire O2B Process.

III. Treasury and bank activities

• Preparation of weekly and monthly rolling of payment activities
• Involvement in developing key relationship with financial institution
• Working for month end closing reports and Bank Reconciliation
• Perform monthly bank and account reconciliations to ensure 100% accuracy of company and bank account
• Preparation of petty cash and maintenance
• Processing and release the Vendor payment and Tax Payment in scheduled time
• Responsible for daily, weekly, Monthly accounting activities including all Payments, Salary, Petty cash, Reimbursements, and bank deposits & replacements

IV. Compliance and other Reporting activities:

• Preparing Monthly Opex Budget
• Distributing monthly forecast to Concern Heads, Scheduling the Meeting & discussion about the monthly progress
• Verifying the B2B credit in Clear Tax GST portal and necessary details in the Invoice of Subcontract or Vendor as covered in GST Act
• Preparation of Working of GSTR1 and GSTR 3B Returns
• Preparation of E-way Bills
• Preparation of TDS & TCS workings and processing the payments before due date
• Quarterly filing of TDS and TCS returns before due date and generating Form 16 &16A and correction returns through traces
• Online and Offline Corrections for any delay or defaults, Form 26AS Reconciliation and Monitoring TDS exception and relevant Issues.