MOHAMMAD FAHAD FAROOQUI

Area of work includes

• Built a dashboard to show the Turnaround Time (TAT) as the Key Performance Indicator (KPI) for invoice allocation and invoice approval allocation.
• Involved in monthly provisions after reviewing all criteria, identifying invoices not booked due to various issues.
• Managed a team of 7 people, overseeing their day-to-day activities and handling escalations.
• Conduct monthly financial reviews with the CFO.
• Worked on Actual vs. Budget analysis to compare departmental budgets with actual spending on a monthly basis.
• Tracked the amount booked in the respective month against the provision made.
• Uploaded payments into the bank system.
• Verified and managed Tax Deducted at Source (TDS).
• Allocated the number of invoices for booking to respective team members on a daily basis.
• Shared KPI numbers with the CFO and other regional heads on a daily basis.
• Set up the process for vendor reconciliation due to which we have cleared the number of legacy items which pertains in the supplier ledger.

Accounting software is ORACLE NETSUITE

The area of work includes:

• I have started with the transition for India and Dubai
• My responsibilities were SOP creation, stake holder/supplier management, Activity timeliness, maintaining a proper documentation for KT/OJT
• I have ensured that no activity should be missed which would be new item for escalation once we GO LIVE
• Booking of PO/NON-PO invoices after general checks complying with Accounts Payable policies and procedures and ensure that the invoices have been booked before their due dates.
• I have done the project on Automation payment in which supplier/employee's payments are automated directly from accounting software instead of manual process of putting all the details into the bank as per suppliers.
• Timely follow ups on invoices with suppliers and stake holders which are on hold.
• Preparing the weekly report for AP aging so that we can see overdue invoices or items which are hold due to pending queries.
• Weekly call with suppliers and stake holders for publishing the AP aging data or to resolve their queries.
• Preparing the payment proposal file for weekly payment run also in foreign currencies.
• Creation of new supplier into the system by checking all the necessary details like supplier name, address, VAT registration number, bank details etc.
• Creation of new employees into Concur and approving their claims by performing all necessary checks with supportings as per process.

Last designation was Transaction Processing Analyst SME (joined as transaction processing new associate)

Accounting software was SAP.

The area of work includes:

• Accurately and timely processing of invoices for large and multi-site organizations
• Handling and resolving various AP queries.
• Processing of PO as well as non-PO invoices in which regular contact was required with the clients for various approvals.
• T-codes which we used mostly daily are MIRO, MIR7, ME23N, FB60 etc.
• Resolving the statement of vendor's unpaid invoices by investigating Goods receipt and invoice entry and processing payment on time.
• Performing GRIR Reconciliation by extracting the open POs report and do the detail investigation from SAP (using no of T-codes) of unmatched quantity and balances between Good's receipt and Invoice receipt.
• Follow up with the respective individual (Vendors/Requisitioner /Master shopper/ Locals) for validating/clearance the mismatch balances and resolving the queries related to AP and keeping records which helps while doing the reconciliation of GL to upload it into Blackline tool.
• Preparation of Monthly Exposure report by taking all inputs from every team which published on a global basis and have a final call with all the country's financial controllers including regional/pay leads as well as project's lead.
• In my overall period, I have done two successfully transitions for MEA and LATAM regions
• I was a POC, and responsibilities were SOP creation, SLA, query resolution, activities completion duly on timeline and final report/slides preparation which published to the clients monthly over the Global Finance call.