Prashanth M
Bengaluru
Summary
Results-driven Sr. Accountant with expertise in SAP S/4HANA and exceptional stakeholder management at FGFIS Global Services. Proven track record in optimizing accounts payable processes, ensuring timely payments, and enhancing financial accuracy. Adept at problem-solving and fostering strong vendor relationships, contributing to seamless financial operations and improved cash flow.
Overview
10
10
years of professional experience
1
1
Certification
Work History
Sr.Accountant
FGFIS GLOBAL SERVICES INDIA LLP (Fossil Group)
02.2021 - Current
- Participated in virtual transition project of shared services from Germany to India as key member of accounts payable team.
- Currently serve as Sr. Associate in accounts payable process at Fossil Group.
- Assisted finance teams with accurate input and processing of transactions.
- Monitored VIM Admin tool for invoice movement to VIM workplace.
- Processed invoices and payments swiftly, ensuring precise financial records.
- Communicated issues effectively with finance team colleagues for resolution.
- Conducted regular reconciliations of supplier statements, identifying and flagging discrepancies.
- Liaised across departments to resolve supplier queries promptly and professionally.
- Developed strategies to improve accounting systems and processes.
- Provided support to internal and external auditors during the annual audit process.
- Generated ad hoc reports as requested by executive management team.
- Created new procedures for more efficient workflow within the department.
- Monitored accounts payable activity to ensure accuracy and timeliness of payment processing.
Financial Associate
HP Computing and Printing Systems India Pvt Ltd (HP Inc)
12.2015 - 01.2021
- Formerly worked with HP as Financial Associate at Expenditure Cycle (P2P) majorly expertized working in Global payments operations (EMEA, America and APAC)
- Developed strong professional rapport with vendors and clients, fostering timely payments.
- Monitoring automated Payment run jobs and identifying and real time reporting of any unusual issues.
- Payment Fallouts/Rejections management
- Completed scheduled closings for yearly recordkeeping compliant to accounting standards and thereby assisted Bank Operations team for timely and accurate accounting from payments perspective.
- Implemented procedures and policies to facilitate timely payments, maintaining high level of stakeholder/customer retention.
- Payment Proposals and Forecast Reporting
- Funding Requests to assist treasury team in efficient and adequate fund management
- Manual Payment processing with various banking partners
- Kept office documentation and filing system organised and updated(Manual Payment Records).
- Maintained working understanding of business processes and financial services.
- Communicated with vendors and clients to facilitate timely payments and reduce outstanding accounts receivable balances.
- Processed all the supplier/customer/tax payments accurately and efficiently for smooth running department finances.
Education
Master of Commerce (Accounts & Taxation) -
Sri Siddhartha Institute of Business Management, Tumkur University
01-2015
Bachelor of Commerce (Accounts & Finance) -
Union Christian College, Tumkur University
01-2013
PUC -
Swami Vivekananda Pre-University College, Pavagada
01-2010
SSLC -
Govt. Jr. College, Pavagada
01-2008
Skills
- SAP S/4HANA
- Google Workspace
- Microsoft Office Suite
- Account reconciliations
- Payment management and processing
- Prepayment scheduling
- Bank reconciliations
- Accruals management
- Financial reconciliation
- Invoice handling and processing
- Supplier payment management
- BACS payment processing
- Inter-company transfers
- Month-end reporting
- Organizational skills
- Customer query management
- Communication skills
- Problem-solving strategies
- Stakeholder management
- Team leadership
Personal Information
- Father's Name: L Manjunatha Sharma
- Mother's Name: N Pushpalatha
- Age / Date of birth: 04/26/92
- Nationality: INDIAN
- Marital status: Married
Accomplishments and Awards
- Amaze the customer
- Will to Win
- Extra Miler
- Living the HP way
- Spot recognition (Fossil)
- Quarterly Star Performer Award (Fossil)
- Awarded ‘Employee of the Year’ (Fossil)
Hobbies and Interests
- Listening to Music, Watching cricket rarely, Playing carom, Watching movies and Cooking.
- Listening to some music
- Playing Carrom
- Interested in learning Financial matters and Stock markets
- Keen interested in getting to know about the things going around(Economy, Politics etc.,)
Projects
- Academic Project(M.com) – A Study on Financial Assistance to SMEs (Small, Medium and Large Industries), AT INDIAN BANK, BANGALORE CITY BRANCH, KG ROAD BANGALORE
- Standardization of Payment reversals backup communications in SAP
- Part of PO(Purchase Order) implementation project - represented for UAT from Accounts Payable team
- Centralization of invoice scanning systems in Accounts Payable - EMEA
- (Draft supplier communications, Draft Internal stakeholders communication,
- Gathering supplier contacts, Reviewing and Circulating communications,
- Closely Monitoring and Supplier follow ups)
Custom Section
Effective Interpersonal skills. Demonstrated flexibility Sharing best practices among the team Analytical and problem solving skills Dynamic decision making skills Effective verbal and listening communications skills Effective communication skill Timely completion of work within the turnaround time given. Stress management skills
Attributes
Honest, Accountable, Flexible,Problem solving,Team Player, Technologically competent,Willing to learn, Diligent and Organized.
Disclaimer
I hereby declare that the information furnished above is true to the best of my knowledge. If given an opportunity, I would perform my duties up to the best of your expectations and serve to the organization.
Certification
- Kaizen Certified for driving the Process Improvement projects
- Yello Belt (Lean Six Sigma)
Timeline
Sr.Accountant
FGFIS GLOBAL SERVICES INDIA LLP (Fossil Group)
02.2021 - Current
Financial Associate
HP Computing and Printing Systems India Pvt Ltd (HP Inc)
12.2015 - 01.2021
Master of Commerce (Accounts & Taxation) -
Sri Siddhartha Institute of Business Management, Tumkur University
Bachelor of Commerce (Accounts & Finance) -
Union Christian College, Tumkur University
PUC -
Swami Vivekananda Pre-University College, Pavagada
SSLC -
Govt. Jr. College, Pavagada