Gaurav Aswal

Currently, I’m leading MDO & Payments Team, which encompasses Vendor payments & management, Material management & Customer management for EUROPE, APAC, US & CA region, consisting of 27 dedicated team members. Some of the core activites are outlined below:

I. Data qutlity improvement – Overseeing the daily inflow management of all vendor creation & maintenance requests to ensure timely processing.

II.Cross-fuctional collabration with other departments such as procurement, sales, supply chain to aling master data processes and reolve data-related issues.

III.Managing RDB (Request Data Base)

IV.Process optimization – Oversight of the Bank verification tracker

V.Data Governance – Regular review of monthly KPI’s and Dashboard with the client.

Earlier, successfully managed the the Accounts Payable team for EMEA, UK & US region, overseeing a team of more than 15 members.

In all the mentioned position/roles, I have effectively handled various responsibilities, including:

i) Reviewing and managing daily inflow of Invoice processing

ii) Handling Sox & non-sox Controls

iii) Reviewing Monthly Accrual preparation

iv) Conducting GRIR reconciliation analysis & review

v) CRDR reconciliation preparation and analysis

vi) Reviewing Month end clearings and postings

vii) Implementing automated payments.

viii) Overseeing all kind of payments:

(1) Manual payments

(2) Down payments

(3) Recurring payments

(4) Netting payments

· Prepared and reviewed Key Performance Indicators (KPIs) with client on a weekly, monthly, and quaterly basis to enhance process efficiency.

· Conducted quaterly discussions with the client on yearly targets to gain a deeper understanding and develop further strategies to meet current objectives.

· Demonstrated proficiency in handling critical tasks such as GRIR reconciliation, CRDR reconciliation, I-DOC reconciliations/monitoring, and compliance with the Sarbanes-Oxley Act(SOX) Controls across various activities. Additionally, created a monthly AP-Dashboard.

· Leveraged comprehensive process knowledge to lead a successful 5-week transition/OJT (on-job training) in Europe, focusing on payments and completed Knowledge Transfer (KT).

· Engaged in strategic discussions with client through various team and Zoom sessions, contributing to a more streamlined and efficient process.

· Maintained a flawless track record, consistently meeting Turnaround Time (TAT) targets with an impressive accuracy rate of 98.7%.

· Demonstrated a notable decrease in attrition with my team over the past few years.

· Managed international bank transactions, including manual payments, down payments and urgent payment runs, with notable institutions sjuch as:

I. UBS Bank

II. RBS Bank

III. SANTANDER Bank

IV. MILLENIUM Bank

V. BCP PARIBAS BANK

VI. MANDEZ GANS BANK

VII. DEUTSCHE BANK

VIII. BANK of AMERICA

• Facilitated clear communication between employees and upper management through regular meetings and updates.
• Streamlined store operations for increased efficiency, implementing new processes and procedures.
• Coordinated with vendors to ensure timely delivery of products and resolve any supply chain issues.
• Implemented staff training programs, enhancing product knowledge and improving customer service skills.
• Conducted employee performance evaluations, providing constructive feedback for growth and development.
• Mentored junior staff members in their professional development by offering guidance/support in their assigned roles.
• Developed strong working relationships with staff, fostering a positive work environment.
• Improved customer satisfaction by addressing and resolving complaints promptly.
• Assisted in recruiting, interviewing, hiring, and onboarding of new employees to maintain adequate staffing levels.

• Built lasting relationships with clients through exceptional service delivery, fostering loyalty and repeat business opportunities.
• Evaluated employee performance regularly, providing constructive feedback for continuous improvement and professional development.
• Maintained high-quality standards in all aspects of work, ensuring customer satisfaction at every touchpoint within the business journey.
• Enhanced team performance by implementing effective communication strategies within the group.
• Strengthened leadership skills by overseeing projects and guiding team members towards successful outcomes.
• Developed problem-solving abilities through hands-on experience with real-life business scenarios.

• Conducted root cause analysis on process deviations, implementing corrective actions to prevent future occurrences.
• Evaluated potential risks associated with proposed changes to existing processes, proposing mitigation strategies when necessary.
• Trained new employees on established processes, ensuring consistent performance across the team.
• Developed robust control plans for critical processes to ensure consistent product quality and compliance with industry standards.
• Supported troubleshooting efforts during equipment downtime events, working closely with maintenance teams to minimize production disruptions.
• Optimized resource utilization by streamlining workflows, improving overall operational efficiency.