Summary
Overview
Work History
Education
Skills
Accomplishments
Software
Timeline
Generic

Karthik N

Finance & Accounting
Bengaluru,KA

Summary

Professional in finance with strong background in managing invoices, reconciling statements, ERP Implementation and maintaining accurate financial records. Known for reliability, adaptability, and fostering team collaboration to achieve organizational goals. Skilled in using accounting software, processing payments, and ensuring compliance with financial policies. Proven ability to meet deadlines and contribute positively to dynamic work environments.

Overview

11
11
years of professional experience
2013
2013
years of post-secondary education
3
3
Languages

Work History

Account Payable Clerk

Engage2Excel
08.2022 - 05.2025
  • Prepared vendor invoices and processed incoming payments.
  • Worked on SAP Implementation Project.
  • Involved in the payment activity .
  • Reviewed vendor invoices for appropriate documentation and validity prior to payment.
  • Reduced late payment penalties by closely monitoring due dates and managing timely payments.
  • Collaborated with other departments to resolve discrepancies in invoices or purchase orders, promoting smooth business operations.
  • Maintained good working relationships with vendors and resolved disputes.
  • Assisted in month-end closing procedures, ensuring all invoices were processed on time to reflect accurate financial statements.
  • Maintained high level of data integrity by consistently updating vendor information in the system accurately.
  • Maintained accurate financial records by regularly reconciling accounts payable transactions.
  • Reviewed employee expense reports against company policies, safeguarding corporate funds from misuse.
  • Streamlined invoice processing by implementing efficient filing and tracking systems.

Accountant

Harman Connected Service
04.2019 - 08.2022
  • Reviewing, accounting and approving international, relocation, domestic and non-travel claims.
  • Audit and approving purchase card (India & US) and Amex card transactions.
  • Weekly payment file preparation for employees.
  • Monthly payment file preparation for Amex vendor.
  • Uploading and accounting all the expenses approved in SAP.
  • Issuing travel, petty cash advances to the employees.
  • Employee balance review monthly basis.
  • Weekly clearing unapplied transaction in Chromeriver.
  • Preparing variance analysis monthly basis.
  • Clearing open balances in SAP before cut off for accounting.
  • Bank reconciliation pertaining to travel entries.
  • Preparing daily, monthly dashboard to the management.
  • Allocation of claims to the team members.
  • Posting advance entries in SAP.
  • Performing re-class of cost centre, GL and company code.
  • Computation of International travel claims as per the policy.
  • Handling mails, calls with employees and management.
  • Preparing and updating DTP related travel.
  • GL balance review and monitoring.
  • Providing various reports weekly, monthly basis to the management.
  • SPOC for the travel team to the exit employees.
  • Vendor creation in MDG.

Accounts Payable

Ocwen Financial Solutions Pvt Ltd
06.2015 - 03.2018
  • Processing of daily priority invoices (like payroll manuals, monthly prepaid rents, overdue invoices, etc...) into Fusion application and supporting to process Philippines invoices, T & E claims as per approval from the business heads and providing the reconciled reports thereof.
  • To monitor the General Ledger on a monthly basis & re-classing expenses as per the necessary GL's and departments.
  • Auditing the PO invoices and posting after validation. High-level detail review (Proofing) of various vendor payment invoices.
  • Sending report to treasury on daily basis to enquire the status of funds availability. Generating checks and preparing the funding advices.
  • Taking job responsibility payments like checks, ACH to the vendors & placing request for stop in bank & voiding of checks in order to cancel the payments.
  • Attending various internal meetings for business improvements & resolving accounts payable issues with vendors/Business & same Coordinating with the business in onsite and communicating well with the team.
  • Processing on daily Duplicate files before running payment; to make sure no duplicate payments to vendors.
  • Creating payment batches, segregation and preparation of batches of invoices on a daily basis.
  • Cancelling PO for unused orders on time in regular basis and creating Purchase requisitions (PR) based on quarterly budget received from management.
  • Handling a team and allocating the work as per daily activity & update the SOP of the process regularly.
  • To review the Financial Reports post month close and do a variance analysis.
  • Ensured the accuracy of accounting in the GL & communicating with the business units-Treasury, Cashiering.
  • Preparation of AP matrix: capturing volume, errors, gaps in the process and planning and handling the month end review calls with US finance heads.
  • Monthly Expense accruals (Accruals Posting), re-class entries and AP close process.
  • Provide month end support and ensuring timely closure of books.

Associate

EXL Pvt Ltd
12.2013 - 10.2015
  • Preparation of vendor maintenance proposal file.
  • Processing of invoices related to PO & Non-PO into Computron application.
  • Due diligence must be followed to ensure all items are authenticated and funds availability is confirmed. This includes the verification of signatures as once the funds are remitted to FI's there is no method of recovery.
  • All items processed under collection has either to be paid or returned to the end client based on research and authentication.
  • Worked into a Payment Processing (Banking) in EXL for APAC Customers, process includes Domestic and International collections, Negotiated Instruments, Payments, Collections and Swift Messages etc.
  • Preparing the schedule payment proposals every twice a month.
  • Closing of AP books every month for all region (ASPAC).
  • Verification of documents and GL entries, signature& beneficiary account number for the necessary fund transfer.
  • Been a part of the pilot batch in testing of new software & training the end users and new members of our organization.

Education

MBA - Finance

Mangalore University

Bachelors - Commerce

Autonomous University

Skills

Payment verification

Invoice processing

Wire transfers

Expense reporting

General accounting

Vendor relationship management

FICO_S4Hana

Revenue forecasting

Ledger management

Accomplishments

  • SAP 4HANA Account payable Module Implementation.

Software

SAP

Oracle

Chromeriver

Timeline

Account Payable Clerk

Engage2Excel
08.2022 - 05.2025

Accountant

Harman Connected Service
04.2019 - 08.2022

Accounts Payable

Ocwen Financial Solutions Pvt Ltd
06.2015 - 03.2018

Associate

EXL Pvt Ltd
12.2013 - 10.2015

Bachelors - Commerce

Autonomous University

MBA - Finance

Mangalore University

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Karthik N Finance & Accounting