Hema K
Bangalore
Summary
Senior Executive in Accounts Receivable and Payables with over 5+ years of experience managing accounts, implementing collection strategies, credit control, cash applications, cash flow management, reconciliation, and financial reporting. Dedicated to providing leadership and coordination of project teams.
Overview
13
13
years of professional experience
Work History
Senior Analyst - OTC
Diageo Business Services India Pvt Ltd
Bangalore
12.2023 - Current
- Credit Control - Schedule and lead regular communications with customers and sales to drive customer satisfaction, cash collection, and root cause analysis.
- Proactive cash collection.
- Manage credit risk: monitor payment behavior of customers, propose credit limit changes, and make suggestions on order release.
- Management of orders and customer-initiated order amendments in SAP.
- Manage the customer ledger, reason code and text, up-to-date information on overdue invoices, and others.
- Give input for cash forecasting.
- Review the bad debt situation with In-market Commercial Finance, drive the decision on provision, and write off.
- Take ownership of incoming queries from customers.
- Manage strong relationships with customers, in-market sales, supply chain, commercial finance, 3PL, and STC process execution teams.
Sr. Executive A R
Eurofins Genomics Inda Pvt Ltd
Bangalore
11.2022 - 12.2023
- Customer payment analysis, tracking, updating, daily receipts, and review of AR aging to ensure compliance.
- Credit control involves processing credit applications, setting credit limits, and opening or blocking overdue accounts.
- Manage the client ledger, analyze receivables, and perform forecasts.
- Ensure the collections by regularly following up with clients by writing emails and making phone calls.
- Identifying unresolved debts and monitoring customer account details for non-payments, delayed payments, and other irregularities.
- Monthly reporting activities, DSO, bad debts provision, AR analysis, and assistance to the business controller.
- MIS on accrued, deferred revenue recognition.
- Resolved customer inquiries and complaints requiring management-level escalation.
- Quarterly & Annual TDS reconciliation with 26AS.
Sr. Executive A R
Eurofins Clinical Diagnostics B'lr Pvt Ltd
03.2022 - 10.2022
- Analyze, Tracking and updating daily cash and online receipts
- Regular follow up with clients for non-payment, delayed & other irregularities
- Preparing AR and Aging report by customer wise to analyze the efficiency on collection
- Reconciliation periodically for Debtors & TDS A/c
- Creating bad debts report as per ageing and posting entry on approval
- Blocking services to the clients for OS is more than credit period, Sending MSME reminders, Semilegal & legal notices to customers for long dues
- Adopting new implementations and responsible to support to achieve company goal
Accounts Executive (Payables)
VKM & Associates - Client Licious
04.2021 - 09.2021
- Verifying the accuracy of incoming invoices and beating the approval target.
- Accounting approved expenses and purchase bills at Tally Prime on the same day.
- Review accounts payable as per aging, and process into the next level for payment.
- Vendor reconciliation is conducted periodically.
- Prepare the 3 Bank Reconciliation Statements on a daily basis as per payment uploads.
- Assists in the preparation of monthly management reports, prepaid expenses, and corporate expenses.
Executive Accountant & Amc
Classic Air Conditioning Service- (Blue Star Ltd)
04.2013 - 04.2021
- Preparation of GST invoice, purchase order, work order, and verifying quotations.
- Accounting revenue transactions, debit notes, credit notes, deposits, and payments.
- BRS: Banking reconciliation statements.
- Preparation of customer and vendor periodic statements.
- Regular follow-ups with customers to ensure timely payment.
- Statutory compliance of salary, ESI, PT, and PF, and knowledge of E-way bill, GSTR.
- Strategize and Implement the Amc process in the Organization
- Initiating corrective actions to Amc business generation
- Submission of Amc proposals to the clients and booking the same on time
- Sharing and Training of subordinates by making effective cycle
- Preparation of Cost variance reports on project vice
- Performing client visits Develop the client relationship and understanding of client service needs
- (Blue Star Ltd)
Accounts Assistant
Annapurneshwari Motors
Tumkur
05.2012 - 04.2013
- Preparation of DC, PO, and Tax Invoice to vendor and customer.
- Handling petty cash for day-to-day expenses.
- Verification of sales and purchase invoices, and client documents for RC.
- Coordinating with the Senior Executives for accounting activities.
- Verified and processed invoices from vendors and contacted suppliers regarding billing errors.
Education
M.COM -
Karnataka State Open University Distance Education
MysoreB. COM -
Tumkur University SSCW college
Tumkur, KarnatakaSkills
- Customer relationship management
- Credit control
- Leadership
- Effective communication
- Problem solving
- Accounts reconciliation
- Cash forecasting
- Self-motivated
Technical:
- SAP
- Tally ERP and Prime version
- MS Office - Excel (VLOOKUP, pivot, etc)
- MS Office – Word
Accomplishments
- Increased profit by volume of AMC Business by brought PEP orders and Chargeable base works.
- Reduced Expenditures by Planning and organizing the team.
- Maintained regular cash inflow by collection of payments on time.
- Implementation systematic process for effective collection in AR.
Disclaimer
I have declared that the above-mentioned information is true to best of my knowledge.
Languages
Kannada
First Language
English
Upper Intermediate (B2)
B2
Personal Information
- Husband's Name: Mahadeva V
- Date of Birth: 04/12/91
- Nationality: Indian
Timeline
Senior Analyst - OTC
Diageo Business Services India Pvt Ltd
12.2023 - Current
Sr. Executive A R
Eurofins Genomics Inda Pvt Ltd
11.2022 - 12.2023
Sr. Executive A R
Eurofins Clinical Diagnostics B'lr Pvt Ltd
03.2022 - 10.2022
Accounts Executive (Payables)
VKM & Associates - Client Licious
04.2021 - 09.2021
Executive Accountant & Amc
Classic Air Conditioning Service- (Blue Star Ltd)
04.2013 - 04.2021
Accounts Assistant
Annapurneshwari Motors
05.2012 - 04.2013
M.COM -
Karnataka State Open University Distance Education
B. COM -
Tumkur University SSCW college
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