Pankaj Kumar

• Check customer’s credit and approve or deny applications based on company standards and requirements
• Negotiate payment plans with customers
• Ensure customers pay on time and chase any overdue invoices
• Develop the credit control system in collaboration with Sales, Marketing, Finance and company executives
• Improve and implement debt collection processes when there are any overdue invoices or payments, and initiate legal procedures if necessary
• Prepared and distributed monthly statements of accounts.
• Responsible for the completion of accurate balance sheet reconciliations for all debtor accounts, along with 26AS.
• Conducted regular account reconciliations to identify potential issues early, minimizing the need for escalated collections actions.
• Updated customer database with accurate information, enabling efficient tracking of payment history and credit status.
• Enhanced cash flow by managing overdue accounts and implementing effective credit control strategies.
• Regular guidance to junior team members, fostering a collaborative and supportive work environment.
• Collaborated with other departments to resolve billing discrepancies, leading to improved client relationships.
• Reviewed credit reports to comprehensively view borrowers' credit history and identify potential red flags.
• Supported monthly and annual closing activities, ensuring completeness and accuracy of financial records for internal and external audits.
• Collaborated with auditors during statutory audits by preparing financial reports, audit schedules, and responding to audit queries.
• Ensured compliance with financial regulations and internal policies by maintaining accurate documentation and performing periodic reconciliations.

Process and verify vendor invoices for accuracy and compliance with company policies.
• Perform account reconciliations and resolve discrepancies between invoices, purchase orders, and payments.
• Maintain and update accounts payable records in the JD Edwards accounting system and general ledger.
• Prepare and post journal entries related to accounts payable transactions.
• Collaborate with internal departments and vendors to address and resolve payment issues or inquiries.
• Ensure timely payment of invoices to meet deadlines and avoid late fees.

• Managed end-to-end Accounts Payable operations, including invoice processing, vendor reconciliation, and timely payment execution.
• Verified accuracy of invoices and ensured proper approvals as per company policy.
• Processed domestic and international payments, including overseas remittances via wire transfers, SWIFT, and other banking channels.
• Coordinated with banks for foreign exchange transactions, ensuring adherence to RBI/FEMA regulations and timely settlement of cross-border payments.
• Liaised with global vendors to resolve payment discrepancies, ensure accurate documentation, and maintain strong vendor relationships.
• Prepared and maintained aging reports, AP ledgers, and reconciliations for month-end closing and audit support.
• Assisted in monthly/annual closing processes and supported statutory, tax, and internal audits by providing relevant AP schedules and documentation.
• Ensured compliance with internal controls, company policies, and financial regulations related to payments and foreign remittances.
• Handled TDS, GST, and other statutory compliance requirements applicable to vendor payments and services.