Summary
Overview
Work History
Education
Skills
Additional Information
Timeline
Generic

NIKHIL BHISE

Pune

Summary

An MBA in finance with 6 years of experience working into Insurance brokerage Company and Account Receivable (Collections OTC) with more enhanced hand on experience in Data analysis, Reporting, Query Solving, Process Improvement, Analytical Approach & Preparing Presentations. Seeking a position of Executive in corporation that provides challenging work and opportunities to make an impact; and put my skills & expertise in action aligned with organizational goals.

Overview

7
7
years of professional experience

Work History

Lead Collections Administrator

Honeywell
Pune
12.2022 - Current
  • Engaged in the process of Reconciling of Accounts - Analyzing and Aligning financial data, cross referencing statements, transactions, and records to ensure precision and integrity in financial reporting.
  • Process Owner responsible for Credit Memo Reversals for US/Canada and Management of customer accounts including the maintenance of Credit Limits/Risk Categories.
  • Owner of Daily projection meetings where there are comprehensive discussion conducted to gain insight of customer accounts - understanding the account and potential challenges, Reducing Past dues and resolving Customer disputes.
  • Actively engaged with customers to facilitate Prompt Payment acquisition and resolving disputes with assistance of Field Leaders, Salesperson, Project Managers in order to have an optimal working capital
  • Completed month-end and year-end closings, kept records audit-ready and monitored timely recording of accounting transactions.
  • Monitored overdue accounts/ aging reports regularly to identify potential collection issues and Performed customer account reconciliations to reduce unapplied cash and resolve credit issues.
  • Participate in continuous process improvements to streamline the process
  • Initiated and schedule branch review meetings to identify problem accounts through monthly Cash calls and AFDA calls
  • Reviewed collection reports to determine status of collections & amounts of outstanding balances.
  • Single point of contact for Canadian National account for proving 100% quality.
  • Identified and resolved customer payment discrepancies.
  • Trained and coached staff to meet specified objectives and Provided weekly and monthly reports to all levels of Management.

Senior Project Administrator

Honeywell
Pune
06.2019 - 11.2022
  • Analyzed purchase requisitions to determine the appropriate items, quantities, and delivery requirements and Maintained up-to-date records of all materials purchased or used in relation to any given project.
  • Reviewed purchase requisitions for accuracy prior to ordering materials and supplies needed for production runs.
  • Organized and facilitated meetings with stakeholders to discuss project objectives and timelines and Created detailed reports outlining the progress of each project and presented to onshore team members.
  • Managed multiple projects simultaneously while adhering to tight deadlines.
  • Worked collaboratively across departments and with various stakeholders to deliver comprehensive, effective training sessions.

Process Analyst

Gallagher
Pune
05.2017 - 05.2019
  • Act as SPOC person for the communication between branch & service center for regular updates of policy issuance.
  • Calculating & Auditing premium issued on policy based on requirements of Policy holder and To check the policy forms of the policies which are already issued
  • Securing financial information by completing database backups in different software and Providing financial information to management by researching and analyzing accounting data; preparing reports.
  • Regular client call to discuss the hold percentages of policies and auditing policies of different markets, draft & issue the policies according to client requirements for different locations in US & markets.
  • Owner To update market SOP & to provide training to new joiners.

Education

MBA: Finance -

Singhad Institute of Management Pune
04.2017

Bachelor of Commerce -

Ness Wadia
06.2015

Ness Wadia
05.2010

Skills

  • Proficient Communication
  • Finance & Reporting
  • Auditing
  • Supply Chain Management
  • SAP
  • MS Word
  • MS Excel
  • MS PowerPoint
  • Interpersonal skills
  • Decision making
  • Multiple Priorities Management
  • Reporting and documentation

Additional Information

St Joseph High School, 62%, Pune, 05/2008, Won the Certificate of Appreciation - Star of the Month Award in Honeywell (August 2021 and February 2022), Awarded with Client's AR (Accounts Receivable) challenge award., Received 3 times Certification of Appreciation from clients in Gallagher.

Timeline

Lead Collections Administrator

Honeywell
12.2022 - Current

Senior Project Administrator

Honeywell
06.2019 - 11.2022

Process Analyst

Gallagher
05.2017 - 05.2019

MBA: Finance -

Singhad Institute of Management Pune

Bachelor of Commerce -

Ness Wadia

Ness Wadia

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NIKHIL BHISE