PALLAVI RANE

Key Responsibilities:

Data Entry and Maintenance:

Accurately enter new vendor data into the organization's systems, including vendor names, addresses, contact information, payment terms, and tax details.

Regularly update vendor records to reflect any changes in contact information, banking details, or contractual agreements.

Ensure data integrity by validating information provided and conducting regular audits of vendor master data.

Vendor Onboarding and Verification:

Collaborate with procurement and finance departments to facilitate the onboarding process for new vendors.

Verify vendor information for accuracy and completeness, including tax identification numbers, legal documentation, and compliance certifications.

Ensure adherence to internal controls and regulatory requirements during the vendor verification process.

Process Improvement and Documentation:

Identify opportunities to streamline and improve vendor master data processes.

Develop and maintain documentation, including standard operating procedures (SOPs) and work instructions, to ensure consistency and compliance in data management practices.

Implement best practices for data quality assurance and continuous improvement initiatives.

Cross-Functional Collaboration:

Collaborate with various departments, including procurement, accounts payable, and compliance, to support vendor-related activities and resolve any data discrepancies or issues.

Communicate effectively with internal stakeholders to gather necessary information and ensure timely updates to vendor records.

Serve as a subject matter expert on vendor master data processes and provide guidance to colleagues as needed.

Process Information: Accounts Payable and Vendor Master Data

Migration: Successfully did knowledge capture from stakeholders for Accounts Payable process in Agresso system 2015 and later was part of ERP migration of Agresso to SAP in year 2018

Job Description/Key Role:

§ FI & MM Invoice processing in SAP, from invoice receipt to payment

§ Quality checks- For high value payments with regards to currency, tax code, payment method and bank details. Also perform check to avoid incorrect or duplicate payments to the vendor

§ Supplier Statements reconciliation on monthly/annual basis and solving the discrepancies

Analysis on VAT (tax) codes for invoice bookings.

§ Investigation on vendor debit balance, vendor queries, disputed invoices.

§ Handling rejection process and investigation on the cases to avoid future errors.

Performing Payment QC so that payment does not get rejected.

Performing Approver follow-up so that invoices get approved paid to vendor on time.

Process Information: Vendor master data

§ Worked on SMDS system

§ Performing vendor extension from one company code to other and ensuring that vendor is extended without discrepancies.

§ Following up with suppliers for required documents so that vendor gets created on time

§ Handling requests for bank details update received from vendor and from payment teams if any rejections due to bank details discrepancies.

§ Handling vendor unblock activity for invoices received for payment of blocked vendors which are inactive from long time.

Job Description/Key Role:

Responsible to post all income on investment to fund groups such as dividend, interest and tax reclaims which is compulsory corporate action for global markets.

Responsible to process FX trades on accounting for all currencies.

Interacting with clients for any day to day queries regarding income & resolving them

by Working as per deadlines & achieving it daily as per the set time limit.

Determining Dividend entitlement, calculating interest amount & posting dividends.

Responsibility of minimizing the Escalations & Errors in the process.

To meet the SLA of Company for monthly basis so it can't harm the reputation of the company with the Client.

Job Description/Key Role:

Analyze accounting records for accuracy and completeness; research and solve basic accounting problems.

Determine proper classification and coding of income and expenditures

Computation of income under the guidance of respective tax executive.

Job Description/Key Role:

Designs, prepares, and maintains spreadsheets using basic mathematical calculations. Verifies items billed against items ordered and received and reconciles differences through follow-up with the clients.