KESAVARAO ANNEPU
Hyderabad
Summary
A diverse skill set in finance Accounts Receivables, backed by over 9 years of experience in finance & Accounts Receivable accounting, ensuring a comprehensive understanding of the industry. Aiming to leverage extensive expertise in Accounts Receivable analysis and reporting including Customer Ageing within a challenging role in fields AR.
Overview
14
14
years of professional experience
Work History
Assistant – Manager Accounts Receivable
BirlaNu Limited (formerly HIL Limited)
07.2023 - Current
- Manage end- to-end AR operations.
- Perform daily cash application via RTGS/NEFT and Cheques Ensuring 100% accuracy.
- Conduct Ageing analysis weekly and report high-risk accounts management.
- Prepare Ageing report and blocked the customers as per the company policy on fortnight basis.
- Presenting customer security cheques, if bounced arrange the documentation to legal team with in the timelines.
- Updating customer credit limits as per the marketing team requirement with proper approvals.
- Records the customer security cheques at company level.
- Coordinating with RCC’s and Sales team for overdue customer collections.
- Credit Notes and Debit Notes Postings of Customers for Leakages, breakages and Price Differences.
- Customers Full & Final Settlement & Validating Customer Beneficiary Bank Account Details.
- Maintained Customer Balance Confirmation Monthly & Quarterly.
- Responsible for customer queries & addressing on time.
- Preparing BOE’s LC against sales and submit to the treasury team on timely basis & follow-up for releasing the payments.
- Understanding all the schemes and post the credit notes to the customer ledger with proper approvals.
- Monitoring with sales team/plant team for month end closing reports and accounting the month provisions on time.
- Processed commission invoices like ORC invoices.
- Supported internal & external audit teams and arranging the necessary supporting documents on timely.
- Maintain the Bank Guarantee and communicate with RCC’s to Re-New the BG’s.
- Creating provisions month end & year end for customers & vendors.
- Responsible to provide month end confirmation to the concern team at on time.
Senior Executive – Accounts Receivable
Dodla Dairy Limited
06.2017 - 07.2023
- Manage AR operations including invoices, collections.
- Reduce manual errors by implementing & training to the location accounts team.
- To prepare debtor’s ageing on monthly basis & address to the Marketing team within the timelines.
- Follow up with debtors for outstanding balances and communicate with Manager Finance/Marketing Manager.
- Perform daily cash application via RTGS/NEFT and Cheques Ensuring 100% accuracy.
- Processing customer settlements through NEFT / Cheques.
- Maintain customer price list master and updating in SAP as approved by the management.
- Monitoring with location accountants for day-to-day reports and collections.
- Create liability on various service providers like Transport service, Manpower service, work contracts, etc. after deduction of TDS.
- Monitoring with location team for month end closing reports and to create the month end / quarter end provisions and address the reports to the GL team on timely basis.
- Assist to close Tax Audit & Annual Audit for preparation of schedules and Providing all Supporting documents for internal audit, external audit, Cash Audit, Bank Audit, Purchase Audit
Executive Finance and Accounts Receivable
Suzlon Energy Limited
01.2017 - 06.2017
- Handling petty cash claims of factory
- Checking and processing the employee Travel claims.
- Making Month end & Yearend Provisions.
- Generating Cash Payment & Receipt Voucher & Preparation of Every month end cash count sheet.
- To Post All Kind of Service Vendor Bills in SAP
- Daily Preparing vendor credit balances list and releasing the payments due date wise.
- To Prepare Andhra Pradesh and Telangana Road Permits
- Prepare Daily Production Report & Report to Top Management (MIS)
Executive– Finance & Accounts
South India Krishna Oil & Fats Pvt Ltd
08.2012 - 01.2017
- Issuing delivery advice (DA) with sale order in SAP
- Preparation of Tax Invoices, Consignment Note, and Excise Invoices & Branch Transfer invoices.
- To monitor all operations i.e., Truck and Tanker D/A’s, Weighment, Loading, Lab reports and Inventory issues
- Coordinating with marketing team to review of Credit Limits and Collection of Customer Chequs.
- To report MIS of stock position and update to the top management on daily basis.
- Issue of all Inter states Road permits like: Andhrapradesh (E-Way bill), Karnataka (E-SUGAM, Madayapradesh (FORM-49), Uttarpradesh (FORM-38), Odisha (FORM-402), Ahmadabad (FORM-403). Tamilnadu (Form-LL) Cochin FORM-8F and Telangana E-Transit pass.
Education
MBA - Finance
NIST (AU)
Visakhapatnam07-2012
Skills
- Accounts Receivable (AR) Management
- Credit & Collections
- Bank Reconciliation
- Invoice Processing & Billing
- Customer Accounts Reconciliations
- Reporting & MIS
- Cash Applications / Receipts Posting
- Ageing Analysis & DSO Reduction
- Communication & Client Handling
- SAP
- Tally
- MS Excel
PERSONAL DETAILS
Languages: English, Hindi, & Telugu.
PROFILE SUMMARY
- Detail-Oriented Accounts Receivable Professional with 9 years of experience in credit control, billing, collection, cash applications reconciliations, and customer account management.
- Proven track record in reducing DSO, improving collection efficiencies, resolving discrepancies and maintaining strong client relationships.
- Skilled in end to end O2C operations, with hands on expertise in SAP Hana & SAP ECC systems and financial reporting.
- Strong analytical skills with a focus on accuracy, compliance and timely deliverable.
CAREER TIMELINE
- 2012 - 2017: South India Krishna Oil & Fats Pvt Ltd.
- 2017: Suzlon Energy Limited
- 2017 - 2023: Dodla Dairy Ltd.
- Since 2023: BirlaNu Limited (Formerly HIL Limited)
Timeline
Assistant – Manager Accounts Receivable
BirlaNu Limited (formerly HIL Limited)
07.2023 - Current
Senior Executive – Accounts Receivable
Dodla Dairy Limited
06.2017 - 07.2023
Executive Finance and Accounts Receivable
Suzlon Energy Limited
01.2017 - 06.2017
Executive– Finance & Accounts
South India Krishna Oil & Fats Pvt Ltd
08.2012 - 01.2017
MBA - Finance
NIST (AU)