GOOTY PAVAN KUMAR
Bengaluru
Summary
Driven accounts payable specialist with10 years of experience in accounts payable and as well as management. Experienced in working invoice processing, invoice payment processing, Vendor queries, dunning activities and managing a team up to19 people. Seeking to leverage expertise in a dynamic organization that values accuracy, efficiency, and strong work ethic. Proficient in recovering money from the debit balance suppliers.
Overview
10
10
years of professional experience
Work History
Management Trainee
Genpact India Private Limited
11.2021 - Current
- Effectively lead and oversee a team for accounts payable tasks
- Collaborated with upper management to examine problems and inconsistencies and oversee projects through to completion
- Remote transition for dunning tasks, vendor maintenance, vendor inquiries, and invoice processing
- Built and developed junior accounting team members into skilled professionals, working cohesively as a department to maintain high quality work
- Holding daily team meetings to discuss developments and process inflows
- Maintained monthly SLA reports for all accounts payable and spreadsheets for the governance deck
- To prevent business surprises, make sure Standard Operating Procedures (SOP) are current
- Creating the Turnaround Time (TAT) report every day
- Addressing SAP_ZU errors and interface problems
- For effective production, track productivity on an hourly basis
- Working on payments that were returned or denied using WIRE, ACH, or CHECK
- Working on the vendor debit balance (Dunning) and the outstanding aged payment (Escheatment)
- Responding to vendor inquiries and paying invoice exceptions and failed invoices
- Working on invoices for payment requests, urgent payments, and advance payments
- Every day, carry out scanning reconciliation
- Using GMB and ServiceNOW tickets to respond to employee, vendor, and business unit inquiries about accounts payable
- Worked together with the procurement and disbursement teams to expedite payment procedures, which reduced the time needed to process invoices by30%
- Working on bank-related vendor management situations and remitting to resolve problems
- Gathering W8 or W9 forms and letterhead in order to raise an Agile point request for reimbursement updating
- Creating a forecast file according to the due dates
- Starting the process of creating payment proposals for both regular and exceptional invoices
- Starting to pay for services, maquila payments, and customs brokers
- Creating monthly reports on invoices paid
- Arranging a meeting with the regional Treasury team to discuss payment-related matters
- Emailing management to request payment authorization
- Clearing cases involving bank reconciliation
Process Lead
Capgemini Business Services
06.2016 - 08.2021
- Encourage ideas for continuous process improvement that have an impact on business, productivity, and time savings
- AP and Master Data Pieces make up the process
- Work distribution to fulfill daily deadlines for customers
- Address complaints and escalation as soon as possible
- Help team members resolve complicated conflicts
- Make sure that decisions and discussions result in closure; escalate problems that the team is unable to handle
- Acknowledge and recognize the outstanding work of the team and its members
- Take part in calls once a week to exchange best practices
- Making certain that invoices are paid on time and in compliance with the terms of payment
- Looking into and answering all unnecessary queries
- Assigning invoices to the team responsible for processing them
- Transfer of knowledge to new hires
- Creating the accuracy report on a monthly and weekly basis
- One point of contact for any questions about processing invoices
- Creating a report on old invoices every day
- Responding to vendor inquiries and offering the required answers
- Make sure the Month End Close is finished by the specified deadline
- Continue to follow audit compliance and controls
- Creating a report on external rejections every day
- Every week, the error issue log is prepared and shared with the clients
Process Executive
Infosys India Private Limited
09.2014 - 05.2016
- Oversaw and processed more than2000 vendor invoices each month, making sure they were accurate, properly authorized, and paid on time
- Credit memo processing (reversal entries)
- Oversee a list of important vendor payments, setting priorities as necessary to guarantee prompt processing
- Verify invoice information against purchase orders and receiving reports using3-way and2-way matching
- Indexing in the ILINEX application: Verifying the invoice, assigning the vendor's name and address, and confirming the date and accounting details
- Oracle application invoice processing: Handles invoice processing to process accounting data and confirm the vendor address
- Keying the PO and NONPO contract invoices into the Ariba program is known as API processing
- Responding to email inquiries about addresses, piggyback invoices, and confirmation of the original invoice, date, and accounting details of the invoices, among other issues
- Managing intercompany bills by indexing and uploading them to the ILINEX program
- Take the initiative to get knowledgeable about additional processes, such as voucher verification, Ageing Reports, and Gateway
Education
B.Com -
Sri Krishnadevaraya University
Anantapur, Andhra Pradesh04-2014
Skills
- SAP Ariba
- SAP
- S4 Hana
- BPOpen
- BPCS
- Oracle
- ILINEX
Core Competencies
- Accounts Payable
- Invoice Processing
- Invoice Payment Processing
- Vendor Queries
- Dunning Activities
- Vendor Management
- Training
- Team Management
- Leadership
Timeline
Management Trainee
Genpact India Private Limited
11.2021 - Current
Process Lead
Capgemini Business Services
06.2016 - 08.2021
Process Executive
Infosys India Private Limited
09.2014 - 05.2016
B.Com -
Sri Krishnadevaraya University
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