Mayank Kumar
Gurgaon
Summary
Proven track record in enhancing financial operations as Assistant Manager at Convosight Analytics Pvt Ltd, showcasing expertise in Accounts Receivable and exceptional customer communication. Achieved significant improvements in billing processes and cash flow management, demonstrating a strategic approach to credit control and financial reporting.
Overview
11
11
years of professional experience
Work History
Assistant Manager - AR & AP
Convosight Analytics Pvt Ltd
07.2023 - Current
- Arranging payment of overdue accounts
- Generating & maintaining MIS reports pertaining to process delinquency/ recoveries / variances/ corrective actions and presenting the same to the management
- Ensure timely collection of payments for smooth cash flow
- Negotiate and settle non-payment disputes with clients efficiently
- Performed month-end closing procedures such as journal entries and reconciliations
- Organize records of invoices, contracts, and deposits
- Responsible for Billing, Collection, Scheduling, Operations for one of most popular corporate clients
- Timely submission of invoices with all required support to avoid delay in payment collection
- To check various parameters for smooth billing/Collection process like Release Order / Purchase Order / Estimation /Supplementary Invoices / Relevant Supporting etc
- To ensure Error free billing to avoid any discrepancies and avoid any delay on payment collection
- Prepare the working for GSTR3B and reconciliation 2b vs
- Books
- Prepare the work for the contractor and process the payment timely
- Prepare the work for TDS and timely submit the report for filling the return
- Prepare the work for Provision and Prepaid and timely record the entry in the books
- Bookkeeping for all types of vendor invoices and operational expenses
Assistant Manager - AR
Redcliffe Hygiene Pvt Ltd.
09.2021 - 06.2023
- Co-ordinate with Sales / Traffic / scheduling team to prevent the time band issue for billing
- Import the AS Run on report on daily basis for billing purpose and generate the invoices
- Developed strategies for improving the collection process, reducing bad debt, and increasing customer satisfaction
- Prepare reports of regular intervals (monthly, quarterly, and annual) making forecasts on payment flow
- Prepare the Invoices timely and sent to the customer
- Negotiated payment plans with customers to bring their accounts up to date
- Knock off the bank receipt entry in system
- Manage all records (Invoice, credit Notes)
- Examined customer payment plans, payment history and credit lines to research and resolve delinquent accounts
- Coordinate with internal team and external audit team for the AR issue and resolve the timely
Assistant Manager - AR
3m India Ltd
06.2017 - 08.2021
- Created spreadsheets to analyze and summarize incoming cash receipts for CEO, CFO, and other executives
- Monitored monthly activities and managed vendor invoicing to prepare appropriate financial reports
- Verified and posted account transactions, providing weekly and monthly reporting of AP aging to senior management to maintain accounting ledgers
- Import the AS Run on report on daily basis for billing purpose and generate the invoices
- Responsible for receipt and posting of current date cheque receipts, PDC cheque reconciling, outstanding account balances, and preparation of periodic reports on accounts receivable and past due status
- Responsible for collection activities including sending follow-up inquiries, negotiating with Past due accounts on repayment terms
- Check all invoices in detail before sending them to the agency to avoid the billing complaints
- Analysis the Outstanding report on daily basis and follow up with Agency/ Client for same
- Maintain the outstanding reports on daily basis with current date follow up remarks during Tele calling & Agency / Client visit
- To solve the Agency/ Client related problem on daily basis according to their complaints/ queries
- Check the new business detail (Outstanding due detail) before process in system
- Maintain billing / receiving detail for audit purpose
- Send the reminder letters to all agencies / client where payment is due from last 90+ days
Accounts Assistant
Enrich Agro Food Products Pvt LTD. (Coca Cola)
06.2014 - 05.2017
- Handling the processing, accurate verification and maintenance of invoices, interfacing extensively with a nationwide network of vendors
- Completed reconciliations of various accounts including petty cash, credit cards and bank accounts
- Handling the corporate account and NRI subscriber and providing the best services to them
- Managed vendor relations through timely invoice payments and resolving any outstanding payment disputes
- Generation of collection and subscriber ageing reports and to send MIS on that
- Analyzing the collection leakage and rectification of that
- Verified and processed invoices from vendors and contacted suppliers regarding billing errors
- To provide the package and generate the bill of subscriber according to their request or received collection amount
- Generation of collection and subscriber ageing reports and to send MIS on that
- Analyzing the collection leakage and rectification of that
Education
MBA - Finance
UPTU- LUCKNOW UNIVERSITY
01.2014
B.com -
Meerut UNIVERSITY
01.2012
Skills
- Accounts Receivable
- Financial Records & Reporting
- Accounts Payable
- Billing and Collections
- Customer communication
- Credit control
Personal Information
Date of Birth: 09/13/91
Field Of Interest
Billing & Collection, AR, Debts Recovery, Credit Control, Customer Service Delivery & Revenue Assurance
Timeline
Assistant Manager - AR & AP
Convosight Analytics Pvt Ltd
07.2023 - Current
Assistant Manager - AR
Redcliffe Hygiene Pvt Ltd.
09.2021 - 06.2023
Assistant Manager - AR
3m India Ltd
06.2017 - 08.2021
Accounts Assistant
Enrich Agro Food Products Pvt LTD. (Coca Cola)
06.2014 - 05.2017
MBA - Finance
UPTU- LUCKNOW UNIVERSITY
B.com -
Meerut UNIVERSITY
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