Summary
Overview
Work History
Education
Skills
Software
Hobbies
Timeline
Generic
KarthiK.V

KarthiK.V

Accounting
Bengaluru

Summary

Dynamic Account Executive with a proven track record at Olam Food Ingredients India, excelling in accounts receivable management and invoice processing. Enhanced cash flow through strategic negotiation and streamlined processes, while fostering strong vendor relationships. Adept in Microsoft Excel, demonstrating problem-solving skills to drive efficiency and accuracy in financial operations.

Resourceful Accounts Payable Clerk known for excellent account management and time management skills. Expert in SAP use and ledger verification with great customer service skills. Meticulous and enterprising worker dedicated to excellence.

Hardworking and passionate job seeker with strong organizational skills eager to secure entry-level Executive position. Ready to help team achieve company goals.

Overview

11
11
years of professional experience
4
4
Languages

Work History

Account Executive - Payables and Receivables

Olam Food Ingredients India Private Limited
01.2015 - Current
  • Creation of Purchase orders of Coffee vendors, Service vendors & Capex vendors.
  • Creation of Domestic sale contracts, sale invoices, Debit notes & Credit notes.
  • Creation of Vendor & Customer code from Exalca Tool( SAP ).
  • Processing payments and creating a payment batches ( ZFI2030 release, F110 creation & checking at Final level BAN_MONI).
  • Timely sharing pending purchase orders and pending sale orders details to procurement & sales team.
  • Increased accuracy of financial reports by reconciling accounts, identifying discrepancies, and rectifying errors in a timely manner.
  • Collaborated with sales team to ensure accurate invoicing and timely collections, resulting in improved cash flow.
  • Reduced outstanding receivables by diligently following up on overdue invoices and negotiating payment plans with clients.
  • Supported departmental goals by undertaking additional responsibilities as needed, contributing to overall team success.
  • Conducted regular reviews of aged accounts receivable reports, ensuring timely follow-up on past due balances.
  • Maintained organized filing system for financial records, enabling easy access during audits or other review processes.
  • Facilitated smooth month-end closing procedures by completing all required tasks accurately and ahead of schedule.
  • Optimized cash flow management by regularly analyzing outstanding payables and receivables balances to prioritize payments accordingly.
  • Provided support during audits by gathering requested documentation and answering questions from external auditors.
  • Improved invoice processing time by creating a standardized template for all departments to use when submitting expenses.
  • Trained new employees on company-specific accounting software and procedures, increasing efficiency within the department.
  • Negotiated with suppliers to extend payment terms, improving cash flow.
  • Streamlined client invoicing processes to ensure faster payment turnaround.
  • Developed comprehensive aging report that reduced overdue receivables by implementing targeted follow-up strategies.
  • Developed client-specific payment plans to address overdue accounts, improving cash flow.
  • Managed monthly closing of financial records and reporting, ensuring accuracy and timeliness.
  • Reconciled bank statements monthly, identifying and resolving discrepancies promptly.
  • Implemented electronic payment systems, reducing processing times and costs.
  • Improved vendor relationships with timely and accurate payment processing.
  • Generated invoices upon receipt of billing information and tracked collection progress.
  • Reconciled accounts, managed audits and updated financial records with remarkable accuracy.
  • Matched purchase orders with invoices and recorded necessary information.
  • Strengthened financial operations by conducting bank reconciliations and financial reporting.

Education

Bachelor of Commerce - Accounts

Govt. RC. Collage of Commerce And Management ,Bangalore
Bengaluru, India
04.2001 -

Skills

    Microsoft Excel expertise

    Accounts receivable management

    Invoice processing

    Bank reconciliation

    Payment processing

    Expense tracking

    Accounts payable management

    Accounts receivable

    Bank statement reconciliation

    Teamwork and collaboration

    Problem-solving

    Self motivation

    Vendor relationships

Software

SAP, Microsoft excel & Microsoft word

Hobbies

Playing Cricket, Badminton & Travelling more with Family & Friends

Timeline

Account Executive - Payables and Receivables

Olam Food Ingredients India Private Limited
01.2015 - Current

Bachelor of Commerce - Accounts

Govt. RC. Collage of Commerce And Management ,Bangalore
04.2001 -

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KarthiK.V Accounting