Prakash K
Finance & Accounts
Bangalore
Summary
Graduate B. Com with 14 years of enriched experience in various industries’ spanning across Accounts department. Enterprising, hardworking & technically skilled Finance and Accounts Payable in SAP Tool. Career spans more than 15 YEARS of experience in diversified industries and has included SAP relevant experience.
Overview
17
17
years of professional experience
Work History
Senior Executive
DUROFLEX PVT LTD
01.2022 - Current
- Company Overview: Manufacturing Foam Mattresses
- Treasury:- Daily Review the Bank Balances and Fund transfer the internal banks
- New FD’s Booking
- Projection of Vendor Payments and Import Payments according to net due date
- Import Payments to vendors for against materials /Bills
- Export Bills details preparing and to submit the documents for collections
- Fund Transfer entries in SAP on daily basis
- Cash Flow accordingly Banks fund balances
- Coordinating to banks for Export collection and import payments
- Daily Review the Bank Transactions and SAP Book Entries
- Term loan Entries and Cap interest debit entries booking
- Releasing the Purchase Orders
- Monthly closing BRS
- Accounts Payables: - P2P Cycle Process: - Purchase Orders Creation SAP
- MIGO Goods Receipt (GRIN) SAP
- Purchase Orders and Service Work Orders verification process
- Creation of Service Entry sheet
- MIRO Verify Invoice Process SAP
- Corporate Accounting all type expenses Invoices (Material, Service) PO Based & Non PO Based Invoices in SAP using MIRO and FV60 & FB60
- Responsible for establishment and maintenance of up-to-date authorization to ensure all invoices have proper approvals before processing
- Direct Expenses Accounting in SAP & Processing Vendor payments
- Non PO Vendor Bills accounting process
- 3Way Matching & 2Way Matching
- Perform three-way-match Reconciliation of purchase order to goods receipt to invoice
- Service Bills (AMC) Accounting
- AMC payment release according to payment terms
- Bank activities, keeping sufficient balances in bank account
- Vendor payments release according to payment terms
- Vendor payments tracking and daily expenses booking and raising credit/debit notes
- FBL1H Vendor Report Downloading & According Payment Due Date Sort
- Payment Due date against Release the Vendor Payments
- Payments from Bank portal uploaded and issued cheques
- APP Run (Automatic Payment Program) SAP F110 Process
- Interact effectively and professionally with Facility Managers, Accounting/Finance staff, and vendors
- Maintain organized vendor files and vendor information
- Receive incoming calls from vendors
- Assist in troubleshooting of problem invoices
- Support and participate in collaboration activities to promote and implement continuous process improvement
- Manage assigned workflows to ensure timely processing of vendor invoices
- Co-Coordinating with internal audits
- Preparing designed monthly MIS reports to management
- Preparing the Cash Flow on daily Basis
- Vendor payments regularly like building rent/electricity/Tel phone
- Updating the provision account for month end Activities
- Updating the BRS Status of all company codes and All Stores and corporate
- Manufacturing Foam Mattresses
Senior Accounts Executive
ADARSH DEVELOPERS
06.2017 - 12.2021
- Company Overview: Adarsh Group
- Accounts Payables: - Purchase Orders Creation SAP
- Purchase Orders and Service Work Orders verification process
- MIGO Goods Receipt (GRIN) SAP
- Service Entry sheet
- MIRO Invoice Process SAP
- Responsible for establishment and maintenance of up-to-date authorization card files to ensure all invoices have proper approvals before processing for payment
- Accounting Vendor Expenses & payments in SAP
- Project Invoice Bills Accounting
- RA Bills Accounting Process
- Direct Expenses Non PO Vendor Bills accounting process
- Perform three-way-match reconciliation of purchase order to goods receipt to invoice
- Service Bills (AMC) checking and Accounting
- AMC payment release according to payment terms
- Maintaining the all Maintenance Bills of accounting
- Bank activities, keeping sufficient balances in bank account
- Vendor payments release according to payment terms
- Vendor payments tracking and daily expenses booking and raising credit/debit notes
- FBL1H Vendor Report Downloading & According Payment Due Date Sort
- Payment Due date against Release the Vendor Payments
- Payments from Bank portal uploaded and issued cheques
- Interact effectively and professionally with Facility Managers, Accounting/Finance staff, and vendors
- Maintain organized vendor files and vendor information
- Invoice tracking & vendor analysis to ensure timely payments
- Receive incoming calls from vendors for Payments
- Support and participate in collaboration activities to promote and implement continuous process improvement
- Identify and communicate opportunities for process improvement; collaborate with internal and external partners to increase efficiencies in the department
- Promote invoicing best practices to improve process efficiency
- Manage assigned workflows to ensure timely processing of vendor invoices
- Co-ordinating with internal audits
- Preparing designed monthly MIS reports to management
- Vendor payments regularly like building rent/electricity/Tel phone
- FMS Related Completed Projects Activities (Facility Management Services)
- Updating the provision account for month end
- Adarsh Group
Asst Officer
JSW STEEL LTD
06.2011 - 05.2017
- Company Overview: Tornagallu- Bellary Dist
- Accounts Dept Accounts Receivables (AR), In charge of Invoicing Section, Despatch outgoing materials to the customers, and collection received from debtors
- Logistics Invoicing Section Responsibilities
- Invoicing all outgoing steel materials
- Making the waybills
- Co-ordinate the customers
- The Issuing of invoices (billing) of CRM Coil Steel & HR Coils, Wire Rods, all types of steels to the customers
- Despatch outgoing materials to the customers
- Collection received from debtors
- The Issuing of invoices (billing)
- Excise and Non Excise Invoicing
- Invoicing Excise materials for road & rail products dispatched
- Generation of Way Bill through online
- Generation of E-Sugam of Each and every vehicle
- Generation of ARE (Application for Removal of Excisable Goods)
- ARE Only for Export and SEZ (Special Economic Zone) Customers
- Co-ordinate returns for damaged products
- Maintaining all relevant documents
- Co-ordinating with internal audits
- Preparing designed monthly MIS reports to management
- Tornagallu- Bellary Dist
Senior Commercial Executive
Green Ply Industries Ltd
05.2010 - 02.2011
- Accounts Receivables
- Receiving daily sales collection from Sales Executives &Branches and updating same in to the system in SAP
- Prepare the Cash Receipts DCR & DSR Daily Collection & Daily Sales Reports send to Managers and as well as keeping track on outstanding
- Steps to be taking for early clearance of outstanding with Branches & Customers
- Tallying day to day books of Accounts, cash book and updating cheques
- On daily basis helped in clearing outstanding balances with customers against the Material supply
- Reconciliation of bank with cash posted in the books
- And pass the entries in SAP on daily, all exp & collections and monthly reports, preparing the Recons in cheques & Tallied
- Managing delinquent account collection and establishing terms of payment as well contacting people by phone to inform them of an unpaid account
- Daily sales reconciliation and report to Supervisor
- Liaison with banks for cheque payment collection to deposits, fund transfer to HO account
- Payments (Accounts Payables)
- Vendor payments tracking and daily expenses booking and raising credit/debit notes
- Booking Vendor payments & Expenses in SAP
- Bank activities, keeping sufficient balances in bank account
- Maintaining petty cash balances sufficiently
- Preparing designed monthly MIS reports to management
- Vendor payments regularly like building rent/electricity/Tel phone
- Cash management and petty cash handling, Travel vouchers checking and accounting
- Updating the provision account for month end
- Collection: Preparation of Overdue ageing analysis report on monthly basis
- Preparation of Forecast analysis report on monthly basis
- Extract the weekly and monthly aging reports and prepare the reports
- Update the credit limit details in the customer account
- Block the customer credit limit, if the customer is default
- Risk Management
- Allocation of payment with reference to invoices
- Allocation of cases, capacity planning, ensuring field visits, curtailing flow rates and normalization of delinquent accounts
- Devising and effectuating risk policies & managing wide risks and implementing effective mechanisms to mitigate the same
Senior Commercial Executive
Home Solutions Retail (I) Ltd
08.2008 - 05.2010
- Company Overview: Future Group Company
- Prepare the Cash Receipts DCR & DSR Daily Collection & Daily Sales Reports send to Managers and as well as keeping track on outstanding
- Steps to be taking for early clearance of outstanding with Branches & Customers
- Daily cash collection deposited to bank
- Tallying day to day books of Accounts, cash book and updating cheques
- On daily basis helped in clearing outstanding balances with customers against the Material supply
- Reconciliation of bank with cash posted in the books
- Passing the customer entries in SAP system
- And pass the entries in SAP on daily all exp & collections and monthly reports, preparing the Recons in cheques & Tallied
- Managing delinquent account collection and establishing terms of payment as well contacting people by phone to inform them of an unpaid account
- Involved in Accounts Receivables, Payables, activities & Customers Ledger reconciliation
- Logistics (Inventory) maintaining adequate stocks in stores and vendor Invoices reconciliation
- Vendor payments tracking and daily expenses booking and raising credit/debit notes
- Bank activities, keeping sufficient balances in bank account
- Maintaining petty cash balances sufficiently
- Co-ordinating with internal audits
- Preparing designed monthly MIS reports to management
- Future Group Company
Process Executive -FTR
Infosys BPO Limited
01.2008 - 06.2008
- Order Management
Education
Graduation - Commerce
VEERASHIVA Degree College
Pre-university - undefined
MUNICIPAL composite pre University College
Schooling - undefined
Municipal High School
Skills
Procure to Pay
Accounts Payable
Invoices Accounting
Expense Reports
Payment Transactions
Corporate Accounting
Book keeping
Forex Import Payments
Export Collections
Journal Entries
General Ledger
Spreadsheets
Accounting Reports
MIS
ERP
SAP
Cash Flow
Treasury
Internal Audit Support
Timeline
Senior Executive
DUROFLEX PVT LTD
01.2022 - Current
Senior Accounts Executive
ADARSH DEVELOPERS
06.2017 - 12.2021
Asst Officer
JSW STEEL LTD
06.2011 - 05.2017
Senior Commercial Executive
Green Ply Industries Ltd
05.2010 - 02.2011
Senior Commercial Executive
Home Solutions Retail (I) Ltd
08.2008 - 05.2010
Process Executive -FTR
Infosys BPO Limited
01.2008 - 06.2008
Pre-university - undefined
MUNICIPAL composite pre University College
Schooling - undefined
Municipal High School
Graduation - Commerce
VEERASHIVA Degree College
Disclaimer
I hereby declare that all the above-mentioned details are true and correct to the best of my Knowledge and belief., Bangalore, Prakash K
Personal Information
- Passport Number: M7890599
- Date of Birth: 01/03/80
- Gender: Male
- Nationality: Indian
- Marital Status: Married
Disclaimer
I hereby declare that all the above-mentioned details are true and correct to the best of my Knowledge and belief., Bangalore, Prakash K