Mahender DarapU
Accounting Manager
Hyderabad,TG
Summary
Proactive accounting manager dedicated to enhancing financial accuracy and efficiency through strategic process improvements and team development. Extensive experience managing diverse accounting operations, including accounts payable, receivable, reconciliations, vendor relations, audit compliance, and financial reporting within dynamic international settings. Leverages technology to streamline operations, improve reporting precision, ensure regulatory compliance, and facilitate informed strategic decision-making. Demonstrates strong leadership by mentoring and educating accounting professionals, fostering operational excellence aligned with organizational objectives.
Overview
13
13
years of professional experience
1
1
Certification
Work History
Accounting Manager
Advance Auto Parts
12.2022 - Current
- Managed financial accounts and tracked payments for a multinational organization.
- Directed the accounts payable team of over 40 professionals, ensuring efficient invoice processing, vendor management, and general ledger close activities.
- Collaborated closely with the purchasing and accounts receivable teams to reconcile vendor invoices and customer settlements, enhancing payment accuracy.
- Developed and implemented aging reports to systematically clear outstanding items and optimize cash flow management.
- Generated comprehensive financial reports outlining expenditures, vendor spending, and forecasting for senior management to inform strategic decision-making.
- Managed the preparation and analysis of monthly, quarterly, and annual financial statements ensuring compliance with accounting standards and regulatory requirements.
- Implemented cost-saving initiatives by streamlining the accounts payable process, reducing processing time by 25% and minimizing errors.
- Supervised the internal audit process and ensured successful SOX compliance audits by maintaining accurate financial records and controls.
- Led month-end and year-end closing activities ensuring accuracy and compliance with accounting standards.
- Coordinated with internal and external auditors to facilitate audits and implement recommendations.
- Trained and mentored junior accounting staff on best practices, enhancing overall team performance.
- Implemented a new data tracking system improving invoice processing efficiency by 20%.
- Identified and mitigated risks in accounts payable processes, improving SOPs and reducing errors.
- Collaborated with cross-functional teams to streamline financial workflows, resulting in a 15% increase in overall accounting department productivity.
- Managed the reconciliation process for accounts payable, ensuring accuracy and timely resolution of discrepancies for over 200 vendor accounts.
- Led monthly financial close process, ensuring timely and accurate reporting for management review.
- Streamlined accounts payable procedures, reducing processing time and improving vendor relationships.
- Managed external audits, coordinating documentation and facilitating communication with auditors for smooth reviews.
- Managed relationships with external vendors, ensuring timely payments and accurate recording of expenses.
Senior Accountant
Advance Auto Parts
01.2020 - 01.2022
- Managed vendor escalations and conducted thorough reconciliations to resolve discrepancies promptly.
- Assisted team members in transitioning to new system through extensive training and one-on-one support.
- Reduced monthly closing time by 30% by optimizing accounting processes and enhancing system automation.
Business Process Lead
Tata Consultancy Services
01.2018 - 08.2020
- Provided comprehensive accounting services to a diverse array of clients.
- Managed a team responsible for processing over 50,000 invoices monthly, maintaining 99% accuracy.
- Provided different location wise solutions, AS IS G TO BE Process Maps, SIPOC, FMEA, Quality Check Plan, Volume and FTE Forecasting.
- Conducted training and mentored team members to promote productivity, accuracy, and commitment to friendly service.
- Led transformation activities by demonstrating strategic planning, anticipating functional requirements and proposing solutions.
Process Developer
Genpact
12.2014 - 10.2017
- Achieved 99.8% accuracy in financial transactions by enhancing data analysis protocols and staff training.
- Oversaw AP functions across 5 international locations, standardizing processes.
- Preparing daily payment runs in multiple currencies and preparing the weekly payments forecast report and inform to Treasury Team.
- Produced month-end closing reports and provided actionable suggestions on remittance for quick resolution.
- Bank reconciliation and store cash & credit reconciliations.
- Reviews bank accounts, checks balances against ledger amounts and verifies that amounts match with financial statement like asset, liability expenses and revenues.
- Performed root cause analysis of payment discrepancies and introduced corrective measures, improving vendor satisfaction and reducing escalations.
Accountant
Inphot Systems Pvt Ltd
06.2012 - 12.2014
- Processing all types of invoices, which include PO and non-PO invoices, like service and utility invoices.
- Resolve all vendor queries and requests coming via email or call with the agreed SLA; ensure queries are comprehended well and responded to completely.
- Auditing the invoices received from vendors and processing them for payments as per the company invoicing guidelines.
- Use to handle activities like invoice compliance, entry, audits and validations, payments, reconciliations, invoice holds, etc.
Education
Master of Commerce - Accounting & Finance
Osmania University
Hyderabad, India05.2012
Bachelor of Commerce - Computers
Osmania University
Hyderabad, India05.2010
Skills
- Invoice processing
- Accounts receivable management
- Financial reconciliations
- Financial accounts analysis
- Vendor & Customer negotiations
- Leadership skills
- Transformation
- Accounts payable management
- Regulatory compliance
- Vendor management
- Team leadership
Certification
- Six Sigma Yellow Belt (AIGPE) Dec 2024 Demonstrated ability to apply Six Sigma principles to streamline financial processes and improve operational efficiency within accounting functions. Skilled in identifying process inefficiencies and implementing data-driven solutions for cost reduction and quality improvement.
- Six Sigma White Belt (AIGPE) Jul 2024 Validated understanding of Six Sigma principles and methodologies focused on process improvement and quality management. Trained in using DMAIC (Define, Measure, Analyze, Improve, Control) framework to support project teams in problem-solving.
- I’ve successfully completed the US GAAP Training Programme from Grant Thornton Bharat LLP — a comprehensive learning experience that deepened my understanding of U.S. Generally Accepted Accounting Principles (GAAP). This program covered key areas including:
✅ Revenue Recognition
✅ Lease Accounting
✅ Financial Statement Presentation
✅ Financial Analysis
✅ Disclosure Requirements
📅 Completion Date: July 31, 2025
📄 Certificate ID: UGCT3107018
Languages
English
Advanced (C1)
Telugu
Bilingual or Proficient (C2)
Hindi
Advanced (C1)
Hobbies
Farming, Travelling and watching movies
Timeline
Accounting Manager
Advance Auto Parts
12.2022 - Current
Senior Accountant
Advance Auto Parts
01.2020 - 01.2022
Business Process Lead
Tata Consultancy Services
01.2018 - 08.2020
Process Developer
Genpact
12.2014 - 10.2017
Accountant
Inphot Systems Pvt Ltd
06.2012 - 12.2014
Bachelor of Commerce - Computers
Osmania University
Master of Commerce - Accounting & Finance
Osmania University