Manohar Patil

· Oversaw the Accounts Payable function for Tata Motors, ensuring accurate processing and timely payment of invoices

· Managed a team of 25 professionals, providing leadership, guidance, and training in SAP FICO

· Established strong vendor relationships, negotiating favorable terms and resolving payment discrepancies promptly

· Collaborated with cross-functional teams to streamline procurement processes, enhancing efficiency and cost-effectiveness.

· Partnered with finance team to complete month-end accruals and account reconciliations.

· Collaborated with other departments to resolve billing issues promptly and maintain accurate financial records.

· Managed accurate and timely processing of over 4 lakh invoices per month.

· Reduced payment discrepancies with thorough invoice review, analysis, and reconciliation efforts.

· Fostered a positive work environment by promoting open communication, collaboration, and professional growth opportunities for team members.

· Monitored department performance metrics regularly, identifying inefficiencies or bottlenecks in order to continuously improve overall productivity levels.

· Streamlined invoice processing for improved efficiency and reduced processing time.

· Enhanced financial accuracy by implementing effective accounts payable processes and controls.

· Optimized cash flow management by negotiating favorable payment terms with vendors.

· Spearheaded process improvements initiatives resulting in increased efficiency within the accounts payable department.

· Improved vendor relationships through timely payments and clear communication of company policies.

· Assisted in the preparation of annual budgets by analyzing historical spending patterns and forecasting future expenses accurately.

· Implemented internal controls to mitigate risk of fraud, ensuring financial integrity within the organization.

· Coordinated cross-functional projects involving multiple stakeholders from various departments throughout the organization.

· Collaborated closely with procurement on purchase orders to streamline approval processes while ensuring adherence to established budget guidelines.

· Supported audit processes with well-organized documentation of accounts payable transactions, minimizing errors or discrepancies found during audits.

· Evaluated existing software solutions to identify areas for improvement, leading to the selection of a more efficient accounts payable system that streamlined operations further.

· Reorganized accounts payable processes, decreasing supplier payment delays.

· Processed invoices and journal entries with efficiency and accuracy, resulting in decreased discrepancies.

· Used advanced software skills to produce high-quality documents, reports, and presentations.

· Improved overall financial reporting by streamlining control processes and reporting structures.

· Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.