Lakshmipathi N
Team Lead In Accounts Payable
Chennai
Summary
To achieve responsible career in the organization that gives an opportunity to learn new skills and implement my skills in accounting and finance function and facilitates my personal and professional growth along with the Organizational growth and development.
Highly motivated results-driven Team lead with good experience managing end-to-end accounts payable operations, leading cross-functional teams, and implementing process improvements. Managing and lead team, overseeing invoice processing, payments, vendor relations, and audit compliance. Implemented automatic payment processing, reducing manual errors by 25%. Monitoring end to end Accounts Payable process and ensure that the agreed SLA & Key metrics met as per the market standard. Collaborate with procurement and finance team to optimize PTP cycle. Core Competencies: Accounts payable, Accounts receivables, Vendor reconciliation, Inter Company accounts (ICA) and Monthly/ Quarterly/ Yearly AP /AR sub Ledger Closure.
Overview
14
14
years of professional experience
5
5
years of post-secondary education
Work History
Team Lead
Infosys BPM LTD
Chennai
06.2012 - 11.2024
- Highly motivated results-driven Team lead with good experience managing end-to-end accounts payable operations, leading cross-functional teams, and implementing process improvements
- Managing and lead team, overseeing invoice processing, payments, vendor relations, and audit compliance
- Implemented automatic payment processing, reducing manual errors by 25%
- Monitoring end to end Accounts Payable process and ensure that the agreed SLA & Key metrics met as per the market standard
- Collaborate with procurement and finance team to optimize PTP cycle
- Core Competencies: Accounts payable, Accounts receivables, Vendor reconciliation, Inter Company accounts (ICA) and Monthly/ Quarterly/ Yearly AP /AR sub Ledger Closure.
Jr Accountant
Amaravati Restaurants PVT LTD
Chennai
08.2010 - 06.2012
Education
MBA (Master of Business Administration) - Finance & Marketing
JNTU University Anantapur
Anantapur, Andhra Pradesh 08.2008 - 05.2010
Bachelor of Commerce (B. Com) - undefined
DRBRAOU University Hyderabad
Hyderabad, Telangana 08.2005 - 05.2008
Skills
Purchase-to-Pay operations
Timeline
Team Lead
Infosys BPM LTD
06.2012 - 11.2024
Jr Accountant
Amaravati Restaurants PVT LTD
08.2010 - 06.2012
MBA (Master of Business Administration) - Finance & Marketing
JNTU University Anantapur
08.2008 - 05.2010
Bachelor of Commerce (B. Com) - undefined
DRBRAOU University Hyderabad
08.2005 - 05.2008
Achievements And Awards
- CEO’s High performance Incentive- 2015, 2018, 2023
- Team Extra miler Awards- 2022
- Client award- 2019-2020
- ISTAR Award- 2014, 2016, 2020
Personal Information
- Mother's Name: Munemma
- Date of Birth: 05/28/85
- Gender: Male
Disclaimer
I hereby declare that the information furnished above is true to the best of my knowledge. Should I be selected, I assure that I will Endeavor to discharge my duties to the best of my ability and to the satisfaction of my superiors.
Lakshmipathi N
Jobaccountabilities - Infosysbpmlimited
Working in SAP FICO R/3 (FI Module), Efficiently Posting of all vendor invoices and credit memos in SAP both PO and NON-PO based and maintain up-to-date with in the TAT, Ensures timely payments of vendor invoices, employee claims payments, advance payments, tender payments and submit/upload the vendor’s foreign currency transactions documents via online in CITI direct portal for release the payments on daily basis and maintains accurate records for tracking purpose., Bank reconciliation to be perform to identify Cheque, Demand Draft & RTGS are matching with vendor payment ledger. If Cheque or Demand Draft are not being en-cashed within the stipulated timeline then it will reported to the stakeholders for passing necessary entry, Validate the WHT standard tax documents from vendor/supplier for service related foreign currency transactions and verified the all tax documents to getting fiscal opinion for tax applicability, Submit the request form for 15 CA CB certificates for process service related foreign currency transaction payments, Create the TDS liability for service related foreign currency vendor transactions (under section 195J), Prepare the TDS GST Import transactions report details for booking of vendor’s TDS returns, Identify the pain areas and initiate improvement projects wherever it is necessary., Handling Advance & Rush Payments including adjusted of advance before releasing payment to vendor, Analysing the blocked invoices for payment and assigning to approvers for approval., Analysing Duplicate report, Document changes report, Currency difference report & Exception document report prior to execution of payment., Review of AP Aging/Overdue reports to Business for Ad hoc requests., Proper allocation of workload balance between team members., Handling an Escalation mails & Client / Vendor Calls., Conducting Weekly Meeting for focusing Achievements & Targets., Prepared and Reviewed Weekly, Monthly reports, SLA & ICS reporting., Ensure Month End Closer activity within the allocated deadline., Preparation of AP metrics KPT like POT, GRIR, and AP overdue reports share to management team., Raising Debit Memo/Credit Memo for services rendered to intercompany and third-party customers based on Service Level Agreement manually and using automated tool - SAMBA, Posting receipts from Bank Statement to various customer accounts and clearing customer dues as per the remittance advice., Perform Complete account reconciliations and process adjustments, Perform Billing, allocating the customer payments received in bank with respective remittance advice., Maintain up-to-date billing system and Notification in the bank statement on daily basis, Preparing Ageing report in weekly basis to reduce our pending payments, Reconciling un-allocated payments (UAC) report with the open cash in the account, Preparing reports on weekly and monthly basis like RU Data, SLA and ICS reports., Posting journals and receipts in sap on cash received, Reviewing QC for team member’s ORU’s
Personal Information
- Mother's Name: Munemma
- Date of Birth: 05/28/85
- Gender: Male
Achievementsandawards
- Have been awarded “CEO’s High performance Incentive” for the year 2015, 2018 and 2023
- Have been awarded “ISTAR Award” 3 times (2014, 2016 & 2020)
- Have been awarded “Team Extra miler Awards” (2023)
- Have been awarded “Client award” (2019 -2020)
- Countless appreciations from the Business team and Corporate Controllers Group.
- Successfully migrated APAC and India’s Company Codes AR Billing implement from manual ICA AR billing to automatic billing process tool (SAMBA)
- Effectively implemented paper less online submission process for vendor payments in CITI direct
Disclaimer
I hereby declare that the information furnished above is true to the best of my knowledge. Should I be selected, I assure that I will Endeavour to discharge my duties to the best of my ability and to the satisfaction of my superiors.
Similar Profiles
Simona MurzeaSimona Murzea
Order Entry Specialist at Infosys BPM/ InfosysOrder Entry Specialist at Infosys BPM/ Infosys
DESIREE ANN ALDAYDESIREE ANN ALDAY
Technology Lead at Infosys Ltd. / Infosys BPMTechnology Lead at Infosys Ltd. / Infosys BPM
Veena SVeena S
Senior Technical Process Specialist at Infosys BPM LtdSenior Technical Process Specialist at Infosys BPM Ltd
Sree Deepthi BapatlaSree Deepthi Bapatla
Scrum Master at Citicorp Services India Pvt LtdScrum Master at Citicorp Services India Pvt Ltd
Burhan BashaBurhan Basha
Account Operations Lead at Hewlett Packard EnterpriseAccount Operations Lead at Hewlett Packard Enterprise