Mahender Darapu
Accounting Manager
Hyderabad,TG
Summary
Accounts Payable Manager with 12 years of experience managing daily accounts payable operations. Expertise in overseeing invoicing, vendor relations, payment processing and employee relations. Successful in reconfiguring workflow and staff responsibilities to improve efficiency. Excellent record of reducing operational costs through shrewd negotiations, vendor selection and contract overhaul. Successful in reconfiguring workflow and staff responsibilities to improve efficiency. Experienced.
Overview
12
12
years of professional experience
1
1
Certificate
Work History
Accounts Payable Manager
Advance Auto Parts India
Hyderabad, TG
12.2022 - Current
- Used strong analytical and problem-solving skills to develop effective solutions for challenging situations.
- Worked with senior leadership to review issues/discrepancies and managed projects through conclusion
- Reviewed all invoices for documentation and approval prior to payments
- Acted as liaison between corporate office, Stores and Distributions Centers
- Maintained all accounts payable reports, spreadsheets and corporate AP files
- Managed monthly closing procedures and prepared analysis of accounts.
- Used critical thinking to break down problems, evaluate solutions and make decisions.
- Applied effective time management techniques to meet tight deadlines.
- Developed strong communication and organizational skills through working on group projects.
- Passionate about learning and committed to continual improvement.
- Identified issues, analyzed information and provided solutions to problems.
- Completed paperwork, recognizing discrepancies and promptly addressing for resolution.
Senior Accountant
Advance Auto Parts India
Hyderabad
08.2020 - 11.2022
- Established efficient working processes and co-ordinate, assign, and review work of clerks engaged in following duties, Invoice Processing, Exception handling, Vendor queries, reports and recording financial documents and forms
- Documented accounting process to ensure SOX compliance
- Handling Vendor Quires, Invoice Disputes, Payment issues, Charge Backs, Statement reconciliation
- Weekly and Monthly Reporting activities
- Working on payment’s issues ( Short paid , Over paid and wrong deductions)
- Reviewed documents and accounts for discrepancies and resolved variances
- Reconciled accounts and created documents for monthly closure procedures
- Assisted team members in transitioning to new system through extensive training and one-on-one support
Accounts Payable Team Lead
Tata Consultancy Services
Nagpur
01.2018 - 08.2020
- Streamlined invoice processing by adopting electronic invoicing and payment systems.
- Conducted regular training sessions for staff on new regulatory requirements and accounting practices.
- Reduced payment discrepancies with thorough invoice review, analysis, and reconciliation efforts.
- People management, appraisals, one on one and resolving team internal issues
- Led transformation activities by demonstrating strategic planning, anticipating functional requirements and proposing solutions
- Engaged with customers and business partners on complex activities and deliverables to maintain relationships
- Completed month-end closings with journal entries and reconciling accounts.
- Enhanced team performance by setting clear goals and providing regular feedback.
Accounts Payable /Receivable Accountant
Genpact India Ltd
Hyderabad, TG
12.2014 - 10.2017
- Part of Onsite Team and Transitioned Bank and Payment Process from Europe to India
- Successfully handling all Payments Process, Bank Statements Booking and Reconciliation of different Accounts related to client business
- Preparing daily payment runs in multiple currencies
- Dealing with payment rejections and Analysis on rejections
- Preparing weekly payments forecast report and inform to Treasury Team
- Reviews bank accounts, checks balances against ledger amounts and verifies that amounts match with financial statement like asset, liability, expenses and revenues.
- Enhanced internal controls by developing policies and procedures to improve the accuracy of accounting records.
- Increased overall department efficiency by automating manual tasks, resulting in reduced errors and faster processing times.
Accountant
Inphot Systems Pvt Ltd
Hyderabad
06.2012 - 12.2014
- Two and Three-way matching vendor invoices
- Process all invoices as per allocation with 100% Accuracy
- Ensured input and timely payment of all vendor invoices
- Review invoices and requisitions for satisfactory payment approval
- Releasing vendor payments and updating/entering/accounting vendor bills and preparation of outstanding payable statements, monthly, and quarterly.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations
- Collected and reported monthly expense variances and explanations
- Used accounting software to issue tax returns and prepare consolidated reports
Education
Master of Commerce - Accounting And Finance
Osmania University
Hyderabad, India 05.2010 - 05.2012
Bachelor of Commerce - Accounting And Business Management
Osmania University
Hyderabad, India 06.2007 - 05.2010
Skills
Excellent attention to detail with an ability to maintain confidentiality alwaysundefined
Additional Information
- SOP Preparation and Update the existed SOPS as per changes. Process improvements and Automation. ERP Migration and Projects I have Assisted with EDI invoice submission issues, Interface issues. Working with IT team for helping the ERP migration issues. I have Assisted with Oracle Cloud system implementation which included systems testing and documentation. Assisted with Cloud based Dashboard implementation, and this will use full to all the Accounts Payable team. Part of Supplier Portal & Ticketing system implementation and testing. It’s user-friendly tool where supplier/Vendor can get to know the status of each invoice without contacting AP team. Ticketing portal Vendor/supplier raise the ticket with their quires, instead of sending emails to AP team.
Certification
AIGPE Certified Six Sigma White Belt
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Accomplishments
- Supervised team of 30 staff members.
- Achieved the 99% by completing invoice processing with accuracy and efficiency.
- Collaborated with team of 5 in the development of Debit Balance cleanup and process improvements.
Work Preference
Work Type
Full TimeWork Location
On-SiteHybridImportant To Me
Career advancementWork-life balanceCompany CultureFlexible work hoursPersonal development programsHealthcare benefitsLanguages
English
Advanced (C1)
Hindi
Advanced (C1)
Telugu
Bilingual or Proficient (C2)
Software
Oracle Cloud
AS400
People Soft
JD Edwards
Timeline
AIGPE Certified Six Sigma White Belt
07-2024
Accounts Payable Manager
Advance Auto Parts India
12.2022 - Current
Senior Accountant
Advance Auto Parts India
08.2020 - 11.2022
Accounts Payable Team Lead
Tata Consultancy Services
01.2018 - 08.2020
Accounts Payable /Receivable Accountant
Genpact India Ltd
12.2014 - 10.2017
Accountant
Inphot Systems Pvt Ltd
06.2012 - 12.2014
Master of Commerce - Accounting And Finance
Osmania University
05.2010 - 05.2012
Bachelor of Commerce - Accounting And Business Management
Osmania University
06.2007 - 05.2010
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