Prafull Ingle
O2C|SAP|Billing|Cashflow|Collections
Pune,MH
Summary
Seeking a challenging position in management fields, which would provide me an opportunity to demonstrate my managerial skill continuously in a growth-oriented environment.
Collaborative leader partners with coworkers to promote engaged, empowering work culture. Documented strengths in building and maintaining relationships with diverse range of stakeholders in dynamic, fast-paced settings.
Overview
15
15
years of professional experience
Work History
Manager
Accenture
05.2021 - Current
- Lead Finance and Accounting operations for global teams, overseeing O2C and Reporting functions.
- Spearhead the end-to-end transition and migration of finance processes.
- Manage client relationships, facilitate governance calls, and ensure the smooth execution of SLA commitments.
- Drive quality initiatives using process knowledge and methodologies, ensuring process improvements and adherence to regulatory and management reporting standards.
- Oversee month-end close processes, and ensure timely and accurate financial reporting.
- Handling a team of 50+ FTEs across various finance processes, ensuring high performance in Accounts Receivable, collections, and month-end close.
- Implemented continuous improvement initiatives, driving a reduction in Days Sales Outstanding (DSO), and improving process efficiency.
- Billing acceleration, revenue leakage.
- Played a pivotal role in developing and optimizing training programs, enhancing operational capability.
- Delivery excellence.
Assistant Manager (Credit Controller)
ID Medical
01.2020 - 04.2021
- Responsible for client debt collections.
- Managing operational activities of ID Medical Accounts receivable O2C process.
- Monitoring and supervising operational activities involved in unallocated Cash and Daily Cash reconciliations.
- Collaborates with key stakeholders, including both, internal & external.
- Ensures all accounting & operational procedures and adhered.
- Handling client queries and escalations.
- Lead and participate in Ad-hoc projects.
- Improved customer relations by implementing regular status update with clients.
- Prepare metrics, charts, spreadsheets, records, reports using Excel.
- Determine cause of short- and non-paid items and work with various departments to resolve.
- Communicate with both internal and external contacts to ensure accounts are current.
- Adhering to Turn around Time for processing New / Existing proposals.
- Motivate and coach 5 lead officers and 1 SME ensuring set objectives are met and compliant.
- Timely completion of mid-year and year-end reviews.
- Participate in performance reviews, monthly formal coaching and ad hoc informal coaching, ensuring continuous guidance is provided to the team.
- Promote a fair and equitable environment.
- Maintain relationships with other teams.
- Work independently and as part of a larger management team.
- Analyzes large sets of complex data, draw meaningful conclusion, and make business recommendations based on analysis.
- ID Medical is the UK's leading multidisciplinary healthcare recruiter. Formed in 2002, we now work with over 90% of NHS trusts, in addition to private medical organizations. Our offering spans doctors, nurses, and allied health professional.
Junior Manager
Cummins India LTD.
03.2018 - 12.2019
- Day to day accounting for Accounts payable and Import payments.
- Processing payments after scrutinizing the documents as per their payments terms.
- Managing accounting function related to P2P process.
- Three-way matching.
- Keeping a track of Purchase orders and billing as per PO trackers
- Complete ownership of accounting and reconciliation and ensure the accuracy and timeliness.
- Ensure adherence to company guidelines related to accounts payable function.
- Maintain the complete documentation accurately which is accepted accounting practices
- Prepare monthly quarterly reporting as requirement.
- Ad hoc project and work as and when necessary
- Handling the invoice validation for different entity.
- Handling the “Intercompany Reconciliation”.
- Working on open item at the month and set up the meeting with the different entity.
- Validate the P2P cycle.
- Closely working with Bank like HSBC, HDFC related to payment.
- Responsible for statutory payment.
- Responsible to Check the Void payments.
- Monthly connect with Banks to know the payment delay transaction.
- Client Invoicing:
- Maintaining track of invoicing milestones and project accruals for timely invoicing.
- Invoice submission to various client portals for timely payments.
- Early Termination charges calculation and invoicing adhering to the contract terms.
- As part of Cummins India I am working for Domestic IC Team where I am handling the AP invoice validation three-way match and monthly Recon
Process specialist
SKP Pune
10.2015 - 02.2018
- Handling the cash management for 10 different companies.
- Handling the accounting for cash management.
- Responsible for Batch creation and cash posting.
- Responsible for cash clearing.
- Responsible for cash transfer from accounts to accounts.
- Responsible for creating different deduction as per the client remittances.
- Prepare the Journal Entries for the monthly quarterly half yearly and yearly.
- Handling daily operations of the general ledger accounting department.
- Reconciliation of monthly Journal.
- Reconciliation for 15 different companies.
- Monthly Reconciliation for more than 100 different accounts.
- Monthly Matrix, preparation of month-end close Matrix
- Manage team task tracker.
- Weekly hurdle meeting and allocates the work.
- Handling and proper posting of defectives and adjustment for every month.
- Maintain SOP as per the Client requirement, accounting methods, policies and procedures.
- Preparing reporting schedules.
- Handling the External auditors and addressing issues as needed.
- Review & Validate client payment terms on half yearly basis
- Monitor client level early payment discounts and their accounting.
- Addressing client invoicing queries and complaints.
- As part of SKP I am working for the Rain Bird Project where I am handling the cash application, GL and Reconciliation.
Process specialist
Infosys Pune
01.2015 - 10.2015
- FUNCTIONAL ASPECTS – Reconciliation and GL, Work Description as a Deputy Team Leader (DTL)
- Handling the Reconciliations for Retail Deposit Verification.
- Handling the Reconciliation for Credit Card Payment.
- Handling the Reconciliation for Six Different Bank (J.P Morgan, Wells Fargo, Wachovia, US bank Firstar, Bank of America).
- Responsible to complete 128 Reconciliations for every month.
- Responsible for quality check for the Daily Activity.
- Every Day Manual matches data for Store and Bank.
- Research for missing deposit with the Bank.
- Sending the notice to the Store Manager.
- Working on more than 1000 store for every month.
- Reconcile the deposit with the Store and Deposit. With Bank.
- Match the Journal Entry with the client back up.
- Prepare Monthly weekly report (Progression Report).
- As a part Infosys I am working for Hallmark Cards where I am handling the part of Reconciliation and GL.
Senior Associate
Syntel Pune
03.2011 - 08.2014
- State Street Syntel (India) Pvt Ltd is joint venture between State Street and Syntel.
- FUNCTIONAL ASPECTS – Fund Accounting PROCESS, Work Description as a Senior Associate
- Reviews and verifies all accounting activities for the funds.
- Generate and review reports on daily/weekly/monthly/annually basis as per requirement.
- Assist new joiners to process difficult transaction and there by resolving difficult discrepancies.
- Check out trades and corporate actions booked as per trade ticket
- Escalation to client in case of any Nav Impact in form of trades, manual accounting entry, etc.
- Work on other project as assigned.
- Communication to client for any discrepancies, discussion or clarification.
- Responsible to handle the team in absence of team leader.
- KEY DELIVERABLES
- Reconcile the trade IPO etc.
- Reconcile the Corporate Action.
- Handle the Bloomberg terminal to verify the trade and corporate action.
- As a part of Syntel we are working as a Joint Venture with State Street Corp.Ltd. A US based custodian bank registered with NASDAQ, we deals in fixed income and Equity funds.
Education
M.B.A. - Finance & Marketing
DSRCBM Nagpur
08.2010
B. Com - undefined
L.R.T. College of Commerce
03.2008
12th - Commerce
L.R.T. College of Commerce
03.2005
10th - undefined
T.R.S.M. High School Akola
03.2003
Skills
Effective team leadership
Operations management
Strategic planning
Customer service
Cross-functional teamwork
Key performance indicators
Data analysis
PROJECTS, TRAININGS & SEMINARS
- Completed 60 days summer project internship at MAHARASHTRA STATE SEED’S CORPORATION Ltd. in the subject management of working capital
- Participated in National Level Paper Presentation at Nagpur (Ethics)
PROFESSIONAL SYNOPSIS
- A budding Finance & Account management conceptual knowledge and a professional exposure of having more than 9.5 Years in the domains of Accounting & finance
- MBA (Finance) having gained hands on exposure in Finance and Accounting with an ability to think strategically, creatively and logically.
- Efficient in understanding of all aspects of accounting and links of full accounting and effect of real accounting in business organization in terms of Profit and loss and balance sheet.
- Abilities to find out the errors between accounts and to put the perfect effect of Accounts and match income with expenses.
- Ability to develop the smooth way of accounting and its effect in accounts with innovative ideas considering cost effectiveness.
Core Competencies
- Process Improvement & Quality Assurance
- Analysing various processes and recommending modifications to enhance operational efficiency.
- Monitoring adherence to quality systems & quality standards and maintaining requisite documents.
- Proficient in handling ORACLE, PeopleSoft Finance QuickBooks, Backline Nav
- Process Transitioning
- Successfully transitioned and streamlined the Accounts Payable Process along with Month end reporting activities
- For North America, Europe, and UK region.
- System and Process Implementation
- Setup & Implementation of Paperless Payment model.
- BOLT (CORE 13)
- HDFC - Single Banking Platform (Payment Process)
- Team Management
- Possess leadership experience, resulting in better financial performance and enhanced systems for higher performance of the team.
Timeline
Manager
Accenture
05.2021 - Current
Assistant Manager (Credit Controller)
ID Medical
01.2020 - 04.2021
Junior Manager
Cummins India LTD.
03.2018 - 12.2019
Process specialist
SKP Pune
10.2015 - 02.2018
Process specialist
Infosys Pune
01.2015 - 10.2015
Senior Associate
Syntel Pune
03.2011 - 08.2014
B. Com - undefined
L.R.T. College of Commerce
12th - Commerce
L.R.T. College of Commerce
10th - undefined
T.R.S.M. High School Akola
M.B.A. - Finance & Marketing
DSRCBM Nagpur