POONAM Chaudhari
Account Receivables a Payables
Mumbai
Summary
A highly skilled and detail-oriented professional with expertise in managing accounts receivable and payable functions. Proficient in using MS Excel for data analysis and financial reporting, ensuring accurate and timely transactions. Demonstrates strong analytical abilities to identify discrepancies, resolve payment issues, and optimize cash flow. Adept at maintaining accurate records, managing vendor relationships, and providing actionable insights.
Overview
13
13
years of professional experience
Work History
Analyst
Nomura Services (India) Pvt Ltd
12.2023 - Current
- Managed brokerage accruals, verification, and reconciliation processes to ensure accuracy and compliance.
- Conducted daily reviews of reconciliation files, vouchers, and journal entries, identifying and resolving discrepancies while providing support to junior team members on complex tasks.
- Collaborated with sales, traders, and external counterparts to resolve trade-related queries through various communication channels, including phone, email, and chat.
- Processed monthly payment runs, contributing to the seamless operation of business functions.
- Partnered with senior operations leadership to support budgetary and financial management decisions.
- Cultivated and maintained strong relationships with counterparts and key stakeholders to enhance operational efficiency.
- Prepared daily Management Information System (MIS) reports, dashboards, and monthly Key Risk Indicators (KRI) to monitor and assess performance.
Analyst
Quess Corp Ltd
07.2022 - 12.2023
- Reconciled listed derivative clearing fees invoices, ensuring accurate payment processing.
- Released brokerage payments using electronic platforms such as Atlantis and GPS.
- Managed rate amendments and postings, ensuring accurate and timely updates.
- Collaborated with internal stakeholders to address rate queries and resolved data-related issues with the IT team.
- Settled rates through issue resolution and ensured timely broker payments for outstanding amounts.
- Worked on various reports, including MIS and KRI, to track performance and key metrics.
- Managed post-trade settlement, brokerage functions, data capturing, reconciliation, settlement, and fund transfer.
- Prepared weekly and monthly reports and accounting journals to meet business requirements.
Analyst
EClerx Services Ltd
05.2019 - 07.2022
- Finance Analyst – Brokerage & ClearingManaged trading fees receivables, including invoicing, sending statements of accounts, and performing reconciliation with brokers.
- Collaborated with external (clients, brokers) and internal (operations, trading desk) stakeholders to resolve discrepancies related to fees.
- Allocated received funds and posted relevant journal entries to ensure accurate financial records.
- Handled fee adjustments and posted corresponding journal entries for accurate financial reporting.
- Calculated and posted provisions for doubtful debts to maintain proper accounting practices.
- Prepared ad-hoc reports as required to support business needs and decision-making.
- Coordinated settlement of rates by raising issues with the internal team for resolution.
- Followed up with brokers to clear aged outstanding balances and ensure timely resolution.
- Managed trading fees payables by reconciling internal trade details with broker invoices.
- Liaised with external (clients, brokers) and internal (middle office) teams to address and resolve any fee-related issues.
- Processed fee adjustments to settle outstanding invoices, and maintain accurate financial records.
- Facilitated invoice payments, as per approval, to ensure timely financial transactions.
Account Assistant
JKT Enterprises Pvt. Ltd
01.2016 - 05.2019
- Managed daily accounting functions, including tracking expenses, preparing deposits, and processing payments.
- Escalated financial discrepancies by coordinating effectively between accounts payable and accounts receivable teams to ensure accurate resolution.
- Prepared consolidated financial reports and issued corporate tax returns for firms using advanced accounting software.
- Leveraged advanced software skills to create high-quality documents, reports, and presentations to support business needs.
- Provided comprehensive support to department staff by performing various clerical and administrative tasks to ensure smooth operations.
- Prepare consolidated reports and issued corporate tax returns for firms utilizing accounting software
- Used advanced software skills to produce high-quality documents, reports, and presentations
- Supported department staff by performing a wide range of clerical and administrative tasks
Account Assistant
Multi Organics Pvt. Ltd.
04.2015 - 11.2015
- Prepared age-wise debtor statements and accounts receivable reports, accurately recording entries in Tally ERP9.
- Maintained precise records of cash, prepaid credit, fixed assets, accrued expenses, and line of credit transactions.
- Ensured accounting accuracy by performing daily cash functions, including tracking accounts payable (A/P) and accounts receivable (A/R), budgeting, payroll transactions, wage allocation, salary expenses, and online donations.
- Conducted bank, credit card, and petty cash reconciliations to ensure financial consistency and accuracy.
- Reviewed and verified cash vouchers, updating entries to maintain accurate financial records
Assistant Account Executive
Reeve Hauliers & Megalifters
11.2011 - 03.2015
- Monitored receipts, payments, and cash transactions, ensuring accurate journal entries in Tally ERP.
- Generated reports for manual sales entries, ensuring accuracy and completeness of financial data.
- Drafted cheques and cash vouchers, maintaining precise records of all transactions.
- Tracked and recorded entries for outstanding bills, ensuring timely follow-up and accurate financial reporting.
- Managed comprehensive bookkeeping of all financial transactions, ensuring consistency and compliance with company policies.
Education
Post-Graduate Diploma - Business Operations
INDIRA GANGHI NATIONAL OPEN UNIVERSITY
04.2001 -
Bachelor of Commerce - Accounting
JDC Bytco College of Arts, Commerce & Science
Nashik, India 04.2001 -
Higher Secondary School Certificate - Accounting
R.J.C.B. Girls' High School
Nashik, India 04.2001 -
Secondary School Certificate -
R.J.C.B. Girls' High School
Nashik, India 04.2001 -
Skills
MS Excel
Accomplishments
- Honored with the Yearly 'Value Awardl' at eClerx Services Pvt. Ltd. for exceptional performance and dedication to company values.
- Recipient of the 'Hall of Fame' Award at eClerx Services Pvt. Ltd. for consistently exceeding performance targets and contributing to team success.
Timeline
Analyst
Nomura Services (India) Pvt Ltd
12.2023 - Current
Analyst
Quess Corp Ltd
07.2022 - 12.2023
Analyst
EClerx Services Ltd
05.2019 - 07.2022
Account Assistant
JKT Enterprises Pvt. Ltd
01.2016 - 05.2019
Account Assistant
Multi Organics Pvt. Ltd.
04.2015 - 11.2015
Assistant Account Executive
Reeve Hauliers & Megalifters
11.2011 - 03.2015
Post-Graduate Diploma - Business Operations
INDIRA GANGHI NATIONAL OPEN UNIVERSITY
04.2001 -
Bachelor of Commerce - Accounting
JDC Bytco College of Arts, Commerce & Science
04.2001 -
Higher Secondary School Certificate - Accounting
R.J.C.B. Girls' High School
04.2001 -
Secondary School Certificate -
R.J.C.B. Girls' High School
04.2001 -
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