NITHYANANDA D
Bengaluru,India
Summary
An astute professional with over 13+ years of experience in managing Finance and Accounting operations. People and processes with exposure to diverse client portfolios across multiple geographies and across functions. The domain expertise in Purchase to Pay (SAP FICO). Strong proactive team leader proficient in directing highly skilled team members in supporting and achieving objectives.
Overview
15
15
years of professional experience
Work history
Team Lead - Record to Report - FMCG
Capgemini Technology Solutions Private Limited
Bengaluru, India
2019.10 - 2023.01
- Managing of GCOPA Month End Closing (MEC), the process supports reporting and reconciliation of different countries of businesses across the globe. The process ensures accuracy in management reporting of different regions.
- Monitored staff performance levels, implementing necessary changes to improve productivity and meet targets.
- Performing Pre-MEC check ensuring smooth MEC.
- Month end Internal Order (IO) settlements for Trade discounts and Brand and Marketing Costs manually in SAP (CO)
- Performing Top-Down Distribution to ensure that the costs are allocated to required level of hierarchies considering the both product and customer dimension.
- Transferring FI entries to PA through execution of Assessment Cycles.
- Reconciling the SAP and BW data in month end period and ensure to meet activity targets before deadline.
- “FI & PA” Module data reconciliation to ensure all the entries in FI (Financial Accounting) is reflected in CO (Controlling) Module.
- Preparing the management P&L and Working Capital MIS reports for monthly/quarterly by BU and Market wise.
- Leading Operational excellence, updating of all process matrix and documents and attending monthly governance meeting.
Team Lead - Accounts Payable - Telecommunication
Accenture Solutions Private Limited
Bengaluru, India
2018.03 - 2018.08
- Prioritized invoices according to payment terms and cash management strategies and verified all invoices, performing a 3-way PO match for appropriate documentation.
- Led performance reviews and tailored employee feedback to facilitate professional development.
- Analyzed Key Performance Indicator (KPI) data to identify trends and achieve team goals.
- Communicate effectively and cross-functionally with team including procurement, receiving, and IT.
- Tracking of customer escalations by performing root cause analysis to identify the cause and implementing adequate control mechanism.
- Periodical review of the process documentation on a quarterly basis and ensure to update with necessary changes, reviewed and signed off.
- Ensured team members have completed their mandatory training before the deadline and nominating them for Classroom Trainings.
- Cross trained the team members and created back up to avoid potential risk. Also, it led to proper work-life balance resulting in retention of the resources.
Team Lead - Accounts Payable - C M T
Accenture Solutions Private Limited
Bengaluru, India
2016.08 - 2018.08
- Handle daily A/P processes; supervise A/P clerks; manage vendor/supplier relations; and oversee the timely, accurate processing of invoices, purchase orders, expense reports, credit memos and payment transactions.
- Managed the accurate and timely processing of up to 20,000 invoices ($1M) per month for large, multi-site organization. Assessed and closed A/P sub-ledger on a monthly basis, validated content and resolved all issues.
- Implemented a knowledge base platform that centralizes all training info, Q&A and best practices of the process.
- Improved employee engagement, motivation, cultivated responsibility and pro-activity among team members which translated in quantifiable benefits for the business.
- Developed current work processes to improve the efficiency of the department; training of temporary staff.
- Allocation of daily workload to the team members and tracking progress on periodical intervals to address deviations.
- Closely monitored the open/hold cases in the order management and ensured timely closure of the cases to meet deadline.
- Conducted team huddles to discuss the daily targets, process issues and resolutions.
- Interact with different internal teams in a remote / virtual and face-to-face environment to request or provide any information.
- Assisted in the annual audit by preparing assigned reports, providing documentation and organizing reports using visual aids to increase the process understanding.
- Managed a team of accounts payable clerks by setting objectives, performance reviews, training and counselling.
Process Analyst - Procure To Pay - Oil & Gas
Accenture Solutions Private Limited
Bengaluru, India
2010.09 - 2016.08
- Keeping track, processing and reconciling payments and expenditures, including payroll, purchase orders, invoices, statements, cheques, refund requisitions etc. in compliance with financial policies and procedures.
- Verified the accuracy and completeness of invoices and researched to resolve invoice discrepancies Provided timely and detailed communication to internal and external stakeholders by preparing reports and documentation using Microsoft Word and Excel.
- Assisted and supported for check runs, ACH transactions and wire payments.
- Ensured 3-way match processes and controls were performed and uploaded and reconciled.
- Systemized and pursued unpaid invoices and negotiated with vendors regarding discrepancies.
- Correlated invoices with check stubs, obtaining executive signatures for checks and distributing checks for payment.
- Identified errors and discrepancies by performing various reports to resolve issues before releasing payments.
- Performing and submission of various control reports, such as Block report, Invoice turnaround report and Debit Balance report to the management.
- Processed service desk queries from customers and communicated with other departments to resolve the problems on a timely basis.
- Maintained set quality standard by ensuring tasks were completed and documented, decreasing ticket resolution time.
- Addressed customer complaints in a positive manner, rectifying the issues without involving a supervisor and documented all complaints for management review.
- Collaborated with team members to resolve challenging claims and provided exceptions customer service to customers resulting in a positive customer feedback.
- Actively participated on-site WebEx training during transition of the concur process.
- Worked on new expense reporting system (Concur), which offered enhanced reporting for tracking expenses, allowed electronic approval and receipt viewing by managers and decreased the time spent on manual data entry work.
- Performed weekly random audits to ensure reported expenses are in line with organizational T&E policy.
- Handle employee queries, research and resolve outstanding employees account balances.
- Taken ownership and assisted the team members during the absence of team lead to smooth functioning of the daily deliverables.
- Providing quality training to the new team members and ensured timely production.
- Participated in-service training and workshops to hone skills and understand the company’s objectives.
Process Associate - Accounts Payable - Oil & Gas
Accenture Solutions Private Limited
Bengaluru, India
2007.09 - 2010.08
- Processing invoices, credit notes and debit notes through an integrated ERP system.
- Matched purchase orders to invoices and entered invoices into accounting software according to department policies.
- Sorting, Validating, VAT Coding and uploading documents to SAP from indexing tool within 24 hours from receipt of the invoice from vendor.
- Performing barcode reconciliation to identify the difference between invoice receipt vs submission. Also, removing non-invoices, reminders and split-documents.
- Collaborating with the local country AP team, the Purchasing Department and Vendor Processing Team and company's vendors.
- Review of field-entered accounting items for accuracy, correct coding, proper banking information, etc.
- Processed invoices with appropriate documentation and approval, utilizing organization tools to track and organize payments.
- Compared and verified invoices, purchase orders and goods receipt note by using verification and manual processes.
- Used document management software systems to route invoices for approval and ensured prompt routing and management of all invoices.
- Built relationship with vendors, employees, supporting a matrix environment.
- Enforced accounting policies and procedures, ensuring proper internal controls and guidelines.
- Maintained AP Vendor database, contacted vendor for Certificate of Insurance, W-9s, and updated records accordingly.
Education
Master of Commerce - Costing and Taxation
Bangalore University
Bengaluru05.2007
Bachelor of Commerce - Advanced Financial Accounting & Management Accounting
Bangalore University
Bengaluru05.2005
Skills
- Key Performance Indicator (KPI) management
- Process improvement
- Employee coaching and mentorship
- Client support
- Team supervision
- Motivational leadership
- Team development strategies
- Customer relationship management
Volunteering
Volunteered for CSR events organized within the organization and supported for environmental conservation activities
IT Skills
Software Applications : MS Office 365(Word, Excel, PowerPoint)
Database Applications : SAP (FICO) End User, Ariba, Service Now, CRM Platform, Concur, SalesForce
Timeline
Team Lead - Record to Report - FMCG
Capgemini Technology Solutions Private Limited
2019.10 - 2023.01
Team Lead - Accounts Payable - Telecommunication
Accenture Solutions Private Limited
2018.03 - 2018.08
Team Lead - Accounts Payable - C M T
Accenture Solutions Private Limited
2016.08 - 2018.08
Process Analyst - Procure To Pay - Oil & Gas
Accenture Solutions Private Limited
2010.09 - 2016.08
Process Associate - Accounts Payable - Oil & Gas
Accenture Solutions Private Limited
2007.09 - 2010.08
Master of Commerce - Costing and Taxation
Bangalore University
Bachelor of Commerce - Advanced Financial Accounting & Management Accounting
Bangalore University