Lingala Naresh Reddy
Hyderabad
Summary
Process specialist, having 5.5 years of experience with a demonstrated history of working across multiple services and industries. Associated with different teams of F&A and dealt with clients & took cost optimization measures. Delivered productivity in Order-to-Cash Cycle ((O2C) Accounts Receivable-Cash application) and Core Accounting operations within time limits of business agreements.
Forward-thinking process specialist with advanced knowledge of business processes and specialized experience the field. Employs statistical analysis techniques, various software, tools and efficiency-focused strategies to continuously improve operational efficiency and performance.
Overview
5
5
years of professional experience
Work History
Process Specialist
Carrier technologies Pvt Ltd
Hyderabad
05.2021 - Current
- Downloaded statements from bank portals, then batched and uploaded them into a shared drive.
- Cash application of payments received in Lockbox, ACH, and Wires mode. And applied accordingly, as per the remittance.
- Processed refunds if customer overpaid.
- Prepared total process SOPs.
- Analyzed production processes and identified areas of improvement.
- Generated performance reports on process efficiency and effectiveness.
- Implemented changes to existing procedures as required by management.
- Reviewed customer requirements to ensure accuracy of product specifications.
- Collaborated with cross-functional teams to develop innovative solutions.
- Dropped emails to the Collections team for missing remittance advice.
- Posted receipts to General Ledger with Chart of Accounts.
- Audited, applied cash of the team, and rectified errors.
- Reconciled cash received from bank and cash posted, and prepared Unapplied Cash data to create daily, weekly, monthly, and quarterly reports, and shared across the team.
- Prepared and Sending Power BI reports on monthly basis to the management
Claims Representative Associate
OPTUM GLOBAL SOLUTIONS
Hyderabad
06.2019 - 05.2021
- Perform cash application activities.
- Responsible for downloading the bank statement and assigning the workload to the team accordingly.
- Communicate with Customers & Stakeholders Via Emails and Calls.
- Posting customer payments by recording cash, checks, and credit card transactions.
- Analyzing the unapplied and unknown trend on a monthly basis.
- Preparing and analyzing AR aging reports.
- Reconciling the bank statements, GL, and trackers.
Education
MBA - Accounting and Finance
Sri Indu Pg College,OU
Hyderabad, India06.2019
Bachelor Of Commerce - B.COM
BBM Vari Gayathri Degree College, KU
Khammam, India03.2017
Skills
- Accounts Receivable
- Cash Applications
- Excel
- Power BI Reporting
- Teamwork and Collaboration
- Account Reconciliation
- Statement Review
- Report Analysis
Languages
Telugu,English
Timeline
Process Specialist
Carrier technologies Pvt Ltd
05.2021 - Current
Claims Representative Associate
OPTUM GLOBAL SOLUTIONS
06.2019 - 05.2021
MBA - Accounting and Finance
Sri Indu Pg College,OU
Bachelor Of Commerce - B.COM
BBM Vari Gayathri Degree College, KU
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