Prathamesh Vijay Naik

• Accelerated month-end closing process by ensuring accurate reconciliation of account balances and timely preparation of financial reports.
• Strengthened collaboration between sales, finance, and operations departments resulting in increased overall efficiency within the organization.
• Reduced outstanding balances for faster revenue generation by diligently monitoring aged accounts and promptly resolving disputes.
• Weekly Touchpoints on the new update in process.
• Monthly Meetings with the US team and India Team.
• Monthly one-on-ones with team members.
• Intercompany Journal to transfer funds from one entity to another entity.
• AR transfer Journal to transfer funds from one customer account to another account
• Bad debt journals.
• Monthly audit of invoices and payments.
• Creating work instructions for a new process.
• Enhanced team productivity by developing and conducting comprehensive training programs on accounts receivable procedures.
• Mentored junior team members for career growth opportunities within the Accounts Receivable department, or other areas within the company.
• Reconciled accounts receivable ledger to verify payments and resolve variances.
• Followed up on overdue payments and payment plans from clients to establish good cash flow.
• Handled day-to-day accounting processes to drive financial accuracy.
• Recorded deposits, reconciled monthly bank accounts and tracked expenses.
• Reconciled company bank, credit card and line of credit accounts, investigating, and resolving discrepancies to keep accounts audit-ready.

• Reporting and Accounts Receivable
• Jio Mart AR vs GL Reconciliation
• Jio Mart payment gateway MTD Reconciliation.
• Jio Mart payment gateway YTD reconciliation.
• Daily Invoice vs Collection reporting.
• JMD Collection vs. GL reconciliation (DZ vs. BANK)
• JMD Payment Gateway Reconciliation (Invoice Vs Bank)
• Refund Reporting.
• Query Management
• Open items clearing.
• GL Posting.
• Manual GL Clearing F-03.
• GL profit center vs. Invoice reconciliation.
• GL Vendor Clearing, F-44.
• Query Management
• Key Achievement: Transition - Reconciliation JMD business.
• Innovative idea -, January'22
• Completed Six Sigma Green Belt Project (Feb 2022)

Reporting & accounts Receivable Reporting & accounts payable Key Achievements

· Preparing Client Drafts, Invoice

· Amendment of Drafts Invoices

· Raising Credit note

· Upload invoices raised and journals to Concept

· Response to Ad hoc Billing Request.

· SAP Journal Posting

· Reconciliation of consolidated billing data to generate final invoice

· Process Intercompany Billing on Concept

· Maintain reports – Sales Forecast, Query Resolution.

· Order Creation on SAP

· Release draft on SAP

· Outstanding Draft analysis and follow-up

· Customer set up concept and SAP

· Execution of Billing Reports on Concept

· Preparing Invoice register report

· Preparing Client Spend report

· Preparing Aged debt report

· Query Management

· Training the new Joiners

· Preparing SLA & TAT reports

· Updating SOP's if any Process change accurse & circulating the same to the team members

· Allocation the payment received from customer

· Preparing AR ageing Report

· Credit note & Invoice allocation

· Preparing credit card statement and allocation

· Processing the refund

· Follow up with customer for unidentified payment for allocation

· Allocation of cheque payments

· UNID-BACS clearance

· On account balance reporting

· GL reconciliation (Customer Payment vs Bank statement) (DZ vs Bank)

· GL reconciliation (Customer account vs Customer Payment) (DZ vs DR)

· GL Profit center reconciliation

· Pulled and processed invoices from vendors' designated websites

· Analyzed and problem solved discrepancies

· Preparing Manual purchase orders.

· Raising Purchase order on Capita system.

· Approving Invoices Permanent & Contract.

· Preparing Supplier backups (blanket PO).

· Preparing weekly reports related to onshore Client.

· Prepares Cost center changes List.

· Working on cost center reports against permanent and contractor's placement

· Queries against payment, credit notes for the excess amount paid & follow-ups

· Related to payment queries

· Quality checks for the payment transaction.

· Sending the backups data of Contractors, PO numbers and Invoicing instructions.

· Financial charges and Cost reportings.

· Update Financials YTD

· Prepare and post journals.

· Vendor Statement reconciliation

· GL reconciliation (Vendor Payment vs Vendor Invoice) (KZ vs KR)

· TRANSITION – AR Billing for Thirty-three LLP (Capita India Pvt Ltd - Aug'2018)

· Spot Awards – March.'19, August'19, April'21

• Customer Set up Activity
• Customer Code creation, Modification, and cleansing
• Verification of purchase Orders and processing Sales order
• Generation of OBD (Out Bound delivery for Material dispatch)
• TDS and WCT Knocking off
• Handling Escalation and replying through emails
• Receipt accounting& invoice Accounting
• Dispatching invoices after order is raised in oracle
• Preparation of MIS Report of Lapu
• Credit and Debit Memo Accounting
• ARGL Accounting
• CSS Central Shared Services & DTR
• GST Tax Reconciliation
• Revenue Reconciliation
• Attaining month End and weekend Calls
• Getting work done from team reviewing and sharing same to client (On shore team) on timely manner accurately and to meeting TAT
• Training new joiners with Domino and Process training
• Preparation of Deck & also Maintaining productivity tracker of the team members
• Preparing SLA & TAT Related reports
• Updating SOP's if any Process change accurse & circulating the same to the team members
• Current Month & Previous month application both Automatic and manual application Cash Application:
• Receipting, Allocations and Reconciliation: Identifies a payment deposited into supplier bank account, receipts it into AR system, allocates it to an invoice and reconciles to ensure that payment is applied correct
• Bank Transfer – Electronic payments
• Lockbox payments
• Cheque – non-electronic payments
• Preparing Unallocated Report/Unidentified: Follow up with client to get an accurate information to apply payment
• Verification of Ad hoc queries before communicating it to the client
• Taking care of month end closing in AR
• Key Achievement: Twicly Completed Internal Transition
• TRANSITION – AR Billing for Airtel Telecom (Infosys, Bangalore), May 2017
• TRANSITION – AR Billing for Telenor Telecom (Delhi), Jan 2018