SAP, Microsoft Office, Blackline, Plex
Nikhil Rathod
Pune
Work Preference
Summary
Finance professional with extensive experience in Cash Application and account reconciliation. Proven ability to enhance process efficiency and ensure accurate application of payments. Known for strong team collaboration and adaptability in dynamic environments.
Overview
10
10
years of professional experience
1
1
Certification
Work History
Senior Cash Application Specialist
Robertshaw Controls Pvt Ltd.
11.2024 - Current
- Daily KPI dashboard monitoring
- Actively engaging with stakeholders fortnightly.
- Detailed process reviewing.
- Bank account reconciliation on daily basis.
- Ensure compliance with the company policy.
- Acts as a main point of contact for escalated customer/stakeholder complaints.
- Provided support during financial audits by preparing necessary documentation and supporting auditor queiries regarding Cash Applications processes.
- Collaborate with team member to ensure accurate and timely Cash Application processing.
- Auditing and correcting posting documents for accuracy.
- Managed a high-volume B2B portfolio accounts, maintaining a collection efficiency rate.
Reduced DSO (Days Sales Outstanding) from 200+ days to companys standard payment term days through proactive follow-up strategies.
Resolved payment discrepancies by collaborating with Sales and Billing teams to identify root causes of short payments.
Performed monthly reconciliations between the AR sub-ledger and General Ledger to ensure 100% financial accuracy.
Streamlined the dunning process, accelerating cash flow and clearing unapplied credits from the aging report.
Sr. Finance Analyst
Johnson Controls India Pvt Ltd.
01.2020 - 11.2024
- Process: OTC-Accounts Receivable (Cash Application and Billing)
- Responsibilities: Cash application – 4 FTE’s
- Ensuring service delivery as per SLA & TAT on productivity & Quality.
- Downloading the bank statement from website on daily basis.
- Customer Receipt entries as per remittance.
- LC charges / Fx gain & loss posting.
- Customer offset, Posting, refund entry.
- Preparation of AR Aging report along with Bad debts calculation and provision.
- Handling customer queries regarding overpayment, underpayment, discounts, and any other invoice disputes.
- Cash book and bank reconciliation.
- Daily Cash flow reporting to senior management.
- Daily follow up of unaccounted cash and customer advances.
- Closely working with Tax team & Collection team and RTR team.
- Assisting in internal compliance & external SOX audits.
- Deposit Customers payment Cheque and maintaining tracker
- Working closely with Inter-company for AR Clean-up activities
- To always keep Job aid/ SOP updated for every process.
Process Executive
Infosys BPM, Ltd.
04.2016 - 01.2020
- Process: Accounts Receivable (Cash Application)
- Responsibilities:
- Credit & Collections:
- Responsible to clear all Incoming payments in SAP for major regions on daily basis in SAP.
- Coordinating with Accounting Clerk for escalated issues
- Initiating calls with clients in case of any issues, actively involving the team members for the same
- Weekly unallocated cash report
- Deductions – Analysing deductions, working with OTC managers and customers to ensure deductions are correctly reported and accounted after ensuring compliance with company’s policies
- Cash applications & OTC/ O2C:
- Responsible for clearing Bank reconciliation for all the regions within transit report in SAP.
- To check with Order management team to release the order once payment cleared.
- To check whether customers are getting Cash discounts or not.
- To update always Job aid/ SOP for every customer.
- To check the Suspense AC on daily basic.
- Responsible for timely escalation reports and clearing the escalation emails/queries in SAP.
- Responsible for clearing cheque payments with general ledger every day in SAP.
- To check and clear Suspense AC on month end.
- Providing Floor Support.
- Also, to initiate Governance calls with clients and present overall activity which I processed in whole month.
- Clear adjustment amount (Charging off balance to customer/Client account)
- Knock off difference amount from customer account
- Check and Post Credit notes and Debit notes on customer/client account
- Quarterly Bad Debts and Journal Entry Posting
- Responsible to Run and check Stuck documents Report and following up to release stuck documents it within time.
- To Run auto clearing reports
Education
B. Com -
Indira College of Commerce
Pune01-2015
H.S.C - Commerce
Symbiosis College of Arts And Commerce
Pune01-2011
Skills
Skilled in Microsoft Office applications
Experienced with SAP ERP , PLEX ERP, Get-paid ,Contact tool ,One stream , Tally software and data analysis tools
Teamwork and collaboration
Accomplishments
- Received many appreciations from Business team for additional support and escalation query solving.
- Awarded with Employee of the month award.
- Received multiple times “Extra Miller Awards (SPOT& RAMP)” from Infosys BPM for high production, quality, and testing.
- Received many appreciations from Client for exceptional support.
- Team Award for Good Continuous 100% Quality & Certified in T100 Domain Test
- Awarded for maintaining low Average Handle Time
- Awarded for maintaining Highest Quality
Certification
Certified SAP FICO Consultant
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Software
Languages
English
Bilingual or Proficient (C2)
Timeline
Senior Cash Application Specialist
Robertshaw Controls Pvt Ltd.
11.2024 - Current
Sr. Finance Analyst
Johnson Controls India Pvt Ltd.
01.2020 - 11.2024
Process Executive
Infosys BPM, Ltd.
04.2016 - 01.2020
H.S.C - Commerce
Symbiosis College of Arts And Commerce
B. Com -
Indira College of Commerce