NANDHAKUMAR C

Cash Applications

• Download checks and bank statements from Regions Bank and Wells Fargo Bank portals.
• Account for AR receipts and AP payments, including Non-AP and Non-AR transactions, in D365 for all legal entities.
• Account for bank transfers, write-offs, and customer-to-customer fund movement transfers for all entities.
• Communicate with the AR team regarding any short or excess receipts from customers.
• Process Lockbox staging lines for customer checks on an entity-wise basis.
• Record cash receipts and bank transfer entries for respective entities.
• If an invoice number is missing from the check or transaction details, coordinate with the AR team to obtain the required information.
• For Non-AR and Non-AP transactions, liaise with the business owner to collect necessary details and record them in D365.
• Prepare bank statements for all 24 bank accounts across entities in an Excel sheet.
• After the GL team updates the General Ledger, record Non-AP, Non-AR, and bank transfer entries in D365.

Bank Reconciliation (46 Bank Accounts Across All Entities)

• Verify bank statements for all accounts across entities.
• Reconcile bank accounts once AR, AP, Non-AR, Non-AP, and bank transfer entries are posted.
• Conduct a monthly review of bank reconciliations for 46 accounts across Anthology and Blackboard entities during the first week of each month.

Reports

• Prepare the daily collections summary report
• Prepare a monthly report on outstanding checks, including customer refunds and vendor payments
• Prepare an account review report for bank GL reconciliations across all bank accounts.
• Prepare the Edge Market quarterly sales report and submit the SaaS collections report to the AR Manager quarterly.
• Generate a monthly report for Payroll, HSA, FSA, Fidelity, and Payroll Tax payable payments.
• Prepare the monthly Customer Open Items and Customer Aging reports.
• Assist with audit requests.

Accounting & Statutory:

• Book Keeping, Vouching and certification (Payment,Receipt, Journal, Debit/Credit Note, Bank Voucher and other accounting vouchers).
• Prepare GST filling format,TDS & TCS filling format
• Inter Branch, Inter Division & Inter Company activities of Inventory transfers, financial transactions.
• Associate & Group Companies Reconciliations.

Accounts Payable:

• Verifying of vendor Bills (with all supporting documents like Indent, PO, GRN & Invoice) and Passing the payments.
• Controlling the vendor ageing and reconciliations with vendor balance.
• Payments processing for suppliers on time to time as per the credit terms.
• Associate and Transport Payments

Accounts Receivables:

• Ensuring the data entry/updating on daily basis.
• Supervising the sales updating, Debtors balance on daily basis
• Controlling the credit limit and recovering the dues from credit customers.
• Coordinating with Clients to getting the payment against running bills
• Getting the confirmation of balance from creditors on periodically.

Cash and Banking:

• Monitoring and controlling the cash and bank account transactions & Bank Reconciliation Daily basic.
• Monitoring the banking transactions.
• Petty cash maintaining.

Company Overview:

Achme Communication is an Electronic and Electrical based small scale company. Headoffice in Coimbatore,

Having two Branch’s Coimbatore and Salem, Direct and Indirect 65 Employees.

Handling cheque payments,BRS,MIS,Bank transactions,Purchase Entries,Payments entries,Ageing Reports,GST, sales invoice,Bank Receipt ,Cash Receipt,delivery note,debit note,credit note,BRS,day book,journal entry, ledger entry,Bank transaction,RTGs,NEFT,handling cheque,cash,petty cash