Madhusudhan Kumar

• Supported month-end closing process by preparing journal entries, account reconciliations, and variance analysis reports.
• Improved financial accuracy by performing detailed account reconciliations and resolving discrepancies.
• Analyzed financial information and made proactive adjustments.
• Investigated daily variances and corrected errors to resolve discrepancies.
• Auditing the invoices prior to payment to ensure complete Accuracy.
• Actively involved and supported many automation projects done within the process using complex formulae in excel
• Coached, trained, and delegated tasks to team members to meet specific department goals.
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• Inter-Company Accounting between the Shell group entities for the transactions related to Hydro-Carbon

Roles and Responsibilities

• Preparation of Open Settlements Report daily and circulating it to team to process all settlements on-time.
• Processing end-to-end settlements between Shell group entities of East Region
• Allocation of Funds received to the respective invoices in the Customer Account within TAT
• Preparing Purchase & Sales Listings during month end to ensure both the entities gets aligned on their balances.
• Preparing and posting necessary MJEs (accrual entries) for any imbalance between the group entities

• Maintaining Database for Ford Suppliers and Ford Affiliate Codes

Roles and Responsibilities

• Processing the requests raised by the Buyers in GCRP (a web tool for tracking the requests) for creating a unique code for New Suppliers in Mainframe system.
• Updating the details such as change in Name, Address, TAX & Banking details of the existing Supplier codes in the System.
• Handling queries from Buyers, Supplier and various teams which involved in Supplier Database maintenance.
• Cascading Daily Metrics to the team daily which contains the pending requests to be processed.
• Preparing Monthly Metrics for every month and presenting it to the Business Owner
• Maintaining the Standard Operating Procedures up to date.

• SAP enabled Accounts-Payable process for the Shell’s shipping and its related expenses of US region.

Roles and Responsibilities

• Coding, Processing and paying the invoices to the Vendor based on their payment terms in the SAP ERP.
• Allocating the invoices received through email from the Vendor to the Process Associates for processing the invoices.
• Auditing the invoices prior to payment to ensure complete Accuracy.
• Preparing ACH & Wire payment logs daily to pay the Vendors on-time.
• Reconciling the statements received from the Vendors with our books on a Monthly basis. (Vendor Reconciliation)

• SAP enabled Accounts-Payable process for Canada based USA’s largest Brewing Company.

Roles and Responsibilities:

• Processing of PO 3-Way, PO 2-Way and NON-POinvoices that are initiated by client and releasing them for payment using the platform in SAP and SYACC.
• Allocating the invoice to team for processing the invoices received for the day.
• Internal audit check of invoices prior to payment
• Communicating to the team and amending the Standard Operating Procedures regarding process updates