PeopleSoft
Nilesh Kadam
Senior Accounts Payable Analyst
Pune
Summary
Observant Accounts Payable Analyst possessing in-depth knowledge of accounting standards, principles, and procedures. A result-oriented & and self-motivated professional with 8 years of experience in Indian corporate and International Accounting processes (Accounts Payable).Expertise in Business process enhancement, Process improvement, escalation handling, and Stakeholder management. The transition process from EMEA and the US to the shared service center in India.
Overview
9
9
years of professional experience
Work History
Senior Accounts Payable Analyst
Transunion Global Technology Center LLP
06.2022 - Current
- Processed both PO and non-PO invoices efficiently, ensuring timely and accurate payments.
- Managed high-volume invoice processing while consistently achieving timely payment records.
- Served as a subject matter expert, managing escalations related to invoice processing for the team.
- Actively participated in training sessions and process transitions, including the development of SOPs and process handovers.
- Enhanced vendor relationships through effective communication and prompt resolution of discrepancies.
- Streamlined accounts payable processes, implementing efficient systems that reduced processing time.
- Led process improvement initiatives, facilitated brainstorming sessions, and maintained updated trackers.
- Addressed payment rejection queries and provided support to the supplier onboarding and payment teams regarding invoice processing.
- Conducted month-end accounts payable accruals, and ensured monthly SOX compliance.
- Recorded treasury entries in the accounts payable module and performed monthly treasury reconciliations, delivering reports to the treasury team and upper management.
- Responded to internal and external audit inquiries, and served as the primary contact for escalations.
- Successfully transitioned three key processes, demonstrating strong project management skills.
- Developed dashboards and reported on turnaround times to track process efficiency.
- Managed the end-to-end AP mail process, ensuring comprehensive solutions.
- Conducted monthly process overview meetings with the VP to align on progress and initiatives.
Account Payable Senior Executive
Rahi Systems
12.2019 - 05.2022
- Streamlined the pilot process to enhance operational efficiency.
- Cleared all past-due invoices and addressed payment exceptions.
- Managed RUSH invoices and held invoices to ensure timely processing.
- Processed urgent requests and obtained necessary approvals.
- Reviewed discrepancies between purchase orders and invoices, securing approvals for those within tolerance limits.
- Collaborated with the purchasing and receiving teams to resolve invoice discrepancies.
- Received and corrected invoice errors, applied holds, and addressed invoice inquiries.
- Closed intercompany and vendor invoices at month-end, conducted aging analysis for open balances, and generated PTP reports for aged and blocked items.
- Performed intercompany reconciliation and matched accounts payable balances with accounts receivable statements.
- Reviewed, researched, and reconciled monthly vendor statements, taking appropriate follow-up actions to resolve outstanding items.
- Handled vendor escalations, resolving queries promptly and effectively.
- Provided past-due invoices and aging reports to upper management.
Accounts Payable Specialist
Dassault Systemes
01.2016 - 12.2019
- Managed all aspects of transaction processing, including invoice posting with two-way and three-way matches across the US, EMEA, ECAL, and India regions.
- Capitalized fixed assets related to asset purchases.
- Resolved vendor queries and addressed payment discrepancies efficiently.
- Prepared daily invoice exception and production reports.
- Participated in daily meetings with management to discuss training updates and process improvements.
- Conducted monthly TDS data reconciliation and collaborated with the TDS team for accurate returns.
- Monitored accounts payable aging, managed invoices on hold, allocated purchase orders, and tracked fixed assets and account balances.
- Oversaw aged invoices and generated reports for senior management.
- Streamlined accounts payable processes by implementing efficient invoicing and payment tracking systems.
- Fostered positive vendor relationships and effectively resolved disputes.
- Supported management by ensuring timely processing of invoices and related documents.
- Introduced new accounting processes that reduced spending and minimized workflow downtime.
- Enhanced productivity by eliminating time-wasting tasks and assisting supervisors.
- Collaborated effectively with team members to ensure smooth day-to-day operations.
Education
Bachelor of Commerce - Accounting And Finance
Shri Bhausaheb Vartak Arts, Commerce & Science Col
Mumbai 04.2001 -
Skills
Invoice Processing
Aging Analysis Reporting
Month-End Reporting
Quality Assurance
Procure to pay
Accounts Payable
Accounts Reconciliation
Escalation handling
Dashboard Reporting
Process Ownership
Subject Matter Expert (SME)
Expense reporting
Month-end closing
Process improvement
Accounts payable
Accomplishments
- Achieved Process Set-Up Award within six months of tenure.
- Awarded Two-Time Champion Award for exceptional performance.
- Received Spot Award for outstanding process ownership and successful transition.
- Earned Two Kudos for delivering high-quality results and effectively managing workload.
- Streamlined the entire accounts payable process and implemented the GST project in PeopleSoft.
- Recognized by clients on multiple occasions for hard work, quality, efficiency, and dedication.
- Organizational Team Winner in the 2018-2019 intra-cricket tournament
Software
Coupa
Netsuite
SalesForce
Timeline
Senior Accounts Payable Analyst
Transunion Global Technology Center LLP
06.2022 - Current
Account Payable Senior Executive
Rahi Systems
12.2019 - 05.2022
Accounts Payable Specialist
Dassault Systemes
01.2016 - 12.2019
Bachelor of Commerce - Accounting And Finance
Shri Bhausaheb Vartak Arts, Commerce & Science Col
04.2001 -
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