KAVITHA KL

Prepared financial statements for directors, including balance sheets and cash flow analyses, using BFC tool.

Reclassified journal entries to appropriate accounts for accuracy in reporting.

Posted accruals, prepayments, and dividend journals via Oswald tool for correct cost center alignment.

Executed monthly reconciliations of various GL accounts within deadlines using Blackline tool.

Reviewed unassigned GL accounts and assigned them for timely preparation in Blackline tool.

Compiled FX revaluation files to reflect accurate financial positioning.

Reviewed loan agreements and managed rollovers exceeding budgetary timelines.

Cleared open GL items and followed up on aged lines to ensure resolution.

• Proactive cash collection (send statements, Direct Debit, collection calls, allocation).
• Timely credit blocked order release according to market needs.
• Manage relationships with Distributors and with the market (Credit Risk Manager, Accounts and Finance managers, Logistic)
• Sending regular Reminders and making calls on the more delinquent ones.
• Reconciling the Quarterly Balance confirmation of Distributors v/s Diageo’s Balances.
• Worked closely with the finance team to ensure compliance with internal controls and credit policies.
• Accurate billing and timely clearing of unallocated payments.
• Served as the primary escalation point for complex customer payment queries and collaborated across Account Management and Billing teams to resolve systemic disputes and improve customer satisfaction.
• Led weekly collection reviews and provided detailed commentary on cash forecasting, overdue trends, and credit notes aging for senior leadership.
• Partnered with Cash Application teams to drive the clean-up of aged, misallocated balances, maintaining high standards of account hygiene and audit readiness.

• Cash Applications/Collections: Reporting's: For Regions - North America, Europe, Mexico
• Responsible for flawless execution of FEBAN cash application process for EMEA and LOCKBOX for US region.
• Feban failure loading manually in SAP
• Direct debit run testing in new ERP system
• Responsible for manual cash allocation & customer clearing for Mexico, APAC, Turkey, Italy & Spain.
• Applying the payments against the proper invoices by analyzing exceptions, coordinating with collectors to get the invoice remittance details.
• Handling intercompany payments and posting required entries.
• Responsible for cheque posting, incoming cheque payment and manual cash allocation for Turkey & US.
• Performing Credit Card Payment & performing all the necessary activities which are required for Cash Application process.
• Performed Direct debit run for Spain & Italy (Norma and Riba) by analyzing customer exceptions and sending Proposal file to clients for approval to proceed with payment run, posting rejected invoices back to customer account.
• Implementation and testing of direct debit & automated cash application for new regions, worked with SAP consultants for the same.
• Internal Auditing of the payments processed by the processors is one of the main daily tasks undertaken in order to rectify the errors and resolve as on before client highlights it.
• Committed to deliver as a backup to the process during absence of my fellow colleagues.
• Coordinating with the sales team for updates on payment from customers.
• Daily follow up to customer for the Outstanding AR Collections.
• Performed collection activities for APAC Regions by sending mail to customers according to the strategy set via web collect tool.