PANDITHAM NARESH KUMAR
Accountant
Hyderabad,TG
Summary
Professional with 11 years of experience in Finance/Accounting and AP processes. Managing daily accounts payable operations. Expertise in overseeing invoicing, vendor relations, payment processing and employee relations. Successful in reconfiguring workflow and staff responsibilities to improve efficiency.
Overview
11
11
years of professional experience
Work History
Operations Lead
Advance Auto Parts
Hyderabad
01.2024 - Current
- Managed financial accounts and tracked payments for a multinational organization
- Managing 24 AP Specialists under Trade and Expense category for invoice & payment processing, vendor management, Vendor Queries, Vendor Statement reconciliations and certain general ledger close activities
- Collaborated with purchasing department to reconcile vendor invoices and facilitate payments
- Working with AR team for customer & vendor settlements
- Build the different ageing report to clear the older items from the system
- Addressed problems with accounting, billing, and service delivery to maintain and enhance vendor and customer satisfaction
- Built strong relationships with vendors to enhance cost offerings and accomplish favored customer status
- Developed reports for senior management to outline expenditures, vendor spending and forecasting
- Automated workflow controls for collections management and credit risk assessment in accordance with SOX guidelines.
Senior Accountant
Advance Auto Parts
Hyderabad
01.2021 - 01.2024
- Managed the vendor escalations and reconciliations
- Assisted team members in transitioning to new system through extensive training and one-on-one support
- Reviewed documents and accounts for discrepancies and resolved variances
- Implemented a new data tracking system, resulting in 20% increased efficiency in Invoice processing and Exception handling
- Trained a team of junior accountants, teaching them industry best practices and operations
- Identified opportunities and risks in accounts payable process to improve standard operating procedures
- Reduced monthly closing time by 30% by optimizing accounting processes and enhancing system automation
- Oversaw accounts payable processes for 200+ vendors, maintaining timely payments and accurate records.
Finance Specialist I & II
Hitachi Consulting
Nagpur
01.2017 - 08.2021
- Provided comprehensive accounting services to a diverse array of clients
- With IC role experience handling end to end process of America’s region by looking into Subcontractor/Vendor invoices, employee, and contractors’ expenses
- Initiating payments in bank servers, Payroll file preparation, Returns and rejections, and applying Manual Payments and voiding the payments
- (Cash-App's)
- Month end activities (Day Zero and Day one) Downloading bank statement and reconciling the transactions for a smooth close and helping R2R team for any ad-hoc requests and in any adjustment entries
- Payment ageing reports & Monthly dashboards and Support to internal audit, and Coordinating with Vendors, Business Units and Business Heads at various locations within the region and seek information on missing information to proceed with the payment process for the given Vendor
- Was Part of EMA and APAC regions backup source by maintaining SOD conflicts and led cross trainings within the organization level
- Led transformation activities by demonstrating strategic planning, anticipating functional requirements and proposing solutions.
Process Associate/Developer
Genpact
Hyderabad
12.2013 - 10.2017
- Achieved 99.8% accuracy in financial transactions by enhancing data analysis protocols and staff training
- Oversaw AP functions across 5 international locations, standardizing processes
- Preparing daily payment runs in multiple currencies and preparing the weekly payments forecast report and inform to Treasury Team
- Produced month-end closing reports and provided actionable suggestions on remittance for quick resolution
- Reviews bank accounts, checks balances against ledger amounts and verifies that amounts match with financial statement.
Education
Master of Commerce - Accounting & Finance
Osmania University
05.2013
Bachelor of Commerce - undefined
Osmania University
05.2011
Skills
- STRENGTHS
- Excellent Managerial Skills
- Successfully oversaw and guided a team of 24 (Leads and Sr and Analysts) fostering a productive working environment
- SKILLS
- Accounts Payable
- Accounts Receivable
- Reconciliations
- Accounts analysis and Analytics
- Vendor & Customer negotiations
- People Management
- Leadership skills CERTIFICATION
- Power Bi (Intermediate)
- PASSIONS
- Playing guitar and Farming
- After a few years, I will start my own farming with the latest technology and provide the best-quality food grains to the next generation
- I love to have my quite time by Play guitar and singing songs, which helps to keep me going
Timeline
Operations Lead
Advance Auto Parts
01.2024 - Current
Senior Accountant
Advance Auto Parts
01.2021 - 01.2024
Finance Specialist I & II
Hitachi Consulting
01.2017 - 08.2021
Process Associate/Developer
Genpact
12.2013 - 10.2017
Master of Commerce - Accounting & Finance
Osmania University
Bachelor of Commerce - undefined
Osmania University
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