Mahadevappa Bani

Client - Nestle

ROLES AND RESPONSIBILITIES

Bank reconciliation

• Extracting bank statements from the bank portal and coordinating with AR and AP teams.
• Performing daily bank reconciliation, GL clearing, and unidentified payment analysis.
• Executing automatic and manual postings and clearings in SAP.
• Collaborating with AR and AP teams to ensure accurate financial records and reporting.
• Assisting in mid-month netting and CFIN processes by posting fallouts.
• Conducting quarterly accrual postings for financial accuracy.
• Performing monthly bank reconciliations and month-end processes.
• Preparing booklets and updating the Trial Balance file during month-end.
• Coordinating with market teams and stakeholders for financial data.
• Utilizing SAP for financial data management and reporting.
• Supporting Nestle's financial operations across the Nordics, Baltic's, Switzerland, and France markets.
• Follow up on all the open items with the internal team, as well as the client, for allocating those appropriately.
• Responsible for month-end close procedures related to bank activities.
• Working with SAP T-codes such as FB03, FBL3N, FBL5N, FB-03, FS10, and others for daily tasks.
• Updating the SOP as per client request.
• Support auditing requirements.
• We should start month-end activities Workday -2 and close working day +6.

General Ledger.

• Posting the manual entries as per market request.
• Posting the accrual entries with reversal, and without reversal.
• General postings with reversal, and without reversal.
• Posting the entries within the given deadline.
• ICO creation as per market request.
• Working with SAP T-codes such as FB-50, F-04, inter-company invoicing initiation, track ICO form via workflow, and others for daily tasks.

• Maintaining the track of payments received from the respective customer accounts.
• Started posting payments in the customer ledger, knocking off the invoice on the customer account.
• Continuous follow-up with collectors and closure of payments on account by EOD.
• Sending a daily unidentified customer and unallocated payment report to the collectors.
• Quality check on the errors, correction, reversal, and reposting of entries.
• Ensure all cash is applied before month close.
• Quality check on the errors, correction, reversal, and reposting of entries.
• Support for smooth month-close working with all stakeholders.
• Support auditing requirements.