Garima Rai

Maintained 65 separate Consolidator's accounts totaling over $150 million in a month across the regions of EMEA, APAC, US, and Latin America, ensuring timely and accurate payments with the correct bank accounts

• Tracked sales and payable amounts, and maintained the accounts to identify any discrepancies
• Traced back-end incentives and drop net payment received from various consolidators found the variance with predictions, and timely follow-up with them for Payment
• Review and follow up on aging open items which includes the open reconciliation for Consolidator's, BSP (Billing settlement plan), LCC (Low-Cost Carriers), and Virtual Credit card (VCC)
• Trained and supported reconciliation associates, ensuring team proficiency and efficiency
• Created monthly reports to track budget performance and identify discrepancies
• Collaborated with auditors during external audits by providing requested documentation
• Developed and maintained database of records to facilitate smooth transactions for financial processes.
• Identified opportunities for process improvements that would enhance efficiency and accuracy
• Checked Consolidator's payments, commissions and other accounting disbursements for accuracy and compliance.
• Coordinated month-end close activities such as journal entries, account reconciliations, accruals
• Automated reconciliation process by 90%, which reduced manual work and increased productivity in our accounting software (Unit 4).
• Monitored accounts payable and receivable to keep current.
• Corresponded with various other departments, discussing company plans and agreeing on future paths to be taken.

• Verified payments for 20 allocated consolidators daily and sent for approval
• Reconciled weekly statements manually using advanced Excel
• Worked end-to-end process for 20 dedicated consolidators
• Gained knowledge of various software like Looker, BSP, and Amadeus and used them in the process
• Maintained monthly closing KPI before the closing
• Prepared journal entries to record transactions accurately, by Generally Accepted Accounting Principles
• Processed, verified, and applied customer deposits, and monitored balance
• Stored the worked file in the Google shared folder for backup and audit purposes

• Reconciled Payment, Stock and Orders on a weekly basis for the online Suppliers who sell product online Marketplace like Amazon, Flipkart, Shopify, Snap deal, Paytm, E-bay
• Articulated and demonstrated product concept and offering to online suppliers, and made them use
• Worked on catalog SKU mapping, listing the products in the marketplace for suppliers account
• Automated Reconciliation process to reduce manual work with the help of technical teams
• Maintained client's relationship with no escalations from supplier's visiting them for account management and training on the software
• Handled 20+ dedicated suppliers for their account management which involves reconciling payment, invoices and GST Filling i.e GSTR-1 and GSTR-3B
• Assisted the new supplier onboarding processes to take up the Services