Prachi Khose

• Trained new joiners on process flows and conducted sampling audits to ensure compliance with procedures.
• Processed 120-150 invoices weekly, ensuring timely handling within turnaround times (TAT).
• Managed payments via EFT, wire transfers, and online methods to ensure timely transactions.
• Prepared payment batches for senior review and performed bank reconciliations.
• Maintained and updated vendor data, addressing invoice and payment queries effectively.
• Generated and analyzed aging reports to monitor and manage outstanding liabilities.
• Updated daily cash balances across regions, coordinating with US and APAC regions.
• Supported audit processes by providing necessary documentation and ensuring compliance.
• Ensured timely payment of employee expenses.
• Onboarded and set up new vendors in the system.
• Handled intercompany transactions and recharges to other regions.

Accounts payable & Treasury:

• Handled 3 live projects with a team of five members.
• Planning monthly, weekly, and daily tasks for team members.
• Working on auditing activities, such as Treasury and Accounts Payable.
• Optimum use of funds in account by investment in mutual fund and fixed deposit.
• Timely posting of journal entry of FD, Mutual Fund, booking entry, and payment entry.
• Management-level Bank Reconciliation and Vendor Reconciliation.
• Approval and timely processing of payment above Rs. 5 Lakhs.
• Making sure all invoices are booked as per PRPO process in SAP.
• Adherence of all processes with SOPs.
• Ensuring availability of cash as per the requirement of the next payment run.
• Updating foreign exchange rate on SAP T-code using OB08.

Accounts receivable:

• Working on customer aging reports.
• Review on bad debts and provisions thereof.
• Control on accounts receivable, daily sales outstanding, e.g., company credit terms, and accounts receivable reconciliation.
• Making sure all invoice payments are collected as per credit terms.
• Following up with customer via mail and call for unpaid bills.
• Investigating and solving issue with cash application.
• Following up on payments for duplicate invoices, overpayment credits, or return credits to customers.

• Managed international stakeholders across the APAC region, coordinating weekly status reports and ensuring effective communication.
• Maintained creditors' aging reports on a weekly basis, providing timely insights into outstanding liabilities.
• Prepared and shared accurate revenue reports with stakeholders, ensuring transparency and timely updates.
• Reviewed royalty reports and invoices for accuracy and fairness, maintaining financial integrity.
• Led automation projects that increased efficiency and reduced errors in financial processes.
• Consulted with license and category managers during transitions to ensure smooth handovers.
• Planned and implemented payment terms and collection strategies, significantly improving cash flow.

• Managed cash application processes for 50+ customer accounts, ensuring timely and accurate payment processing.
• Analyzed accounts to develop and implement collections strategies, significantly reducing past due accounts.
• Streamlined collections processes by identifying inefficiencies and deploying automated reporting tools.
• Communicated with customers via email to resolve payment issues and negotiate payment plans.
• Prepared daily and weekly accounts receivable and cash application reports using Microsoft Excel and accounting systems.
• Conducted vendor reconciliation and promptly resolved queries using FBL5N.
• Performed sample checks on processed invoices to ensure accuracy and compliance with policies and procedures.

• Summarized accounts receivables and payables for clients on a weekly basis.
• Generated analytical reports for senior team members to support decision-making.
• Maintained cash balances in bank accounts to ensure liquidity.
• Managed the booking of customer accruals, payments, and receipts.
• Prepared aging reports for both Accounts Payable and Accounts Receivable.
• Initiated collection and payment processes to streamline operations.
• Prepared ITBP (Incoming Transfer Bank Processes) to track fund receipts.
• Compiled payment packs for processing and approval.