Summary
Overview
Work History
Education
Skills
Disclaimer
Accomplishments
Timeline
Generic
R . SATHISH KUMAR

R . SATHISH KUMAR

Chennai

Summary

Seasoned finance professional with 12 years of work experience and a solid academic background in accounting and financial management; excellent analytical and problem-solving skills able to handle multiple projects while producing high quality work in a fast paced, deadline-oriented environment.

Overview

13
13
years of professional experience

Work History

Treasury Specialist

GE VERNOVA
Chennai
02.2015 - Current
  • Transaction of Initiated payment process from Power India
  • Transaction of Initiated payment process from NME
  • Implement My Payments tool for Payment process
  • Improve payment Initiation process for Power India and NME with minimal or zeroerrors
  • On time payment initiation is an important goal for Capital treasury
  • Cross check the payments with proper supporting documents while approving
  • Maintain and control the TAT & quality
  • Learning on processing FX payments & Hedging
  • Processing payments for LM Turkey based on Currency rates updated in day wise
  • Approve payment for Global Ops Treasury in bank portal as per GE policy and follow workflow process and procedures on time
  • Keeping control check points to avoid errors while approving payments
  • Support audit teams with samples whenever required
  • Releasing and confirming payments on time through My Payments tool
  • Co-ordinating within team to avoid any delay in approving and processing payment
  • Co-ordinating with bank for t-code access and other access in bank portal
  • Avoid duplicate payments
  • Maintain and control the TAT quality
  • Getting training on FX payments approval with both getting rate from bank and instant rate (online)
  • Interact globally for smooth payment process
  • Getting training on Hedging process for new process

Accounts Officer

IMC Ltd
05.2013 - 01.2015
  • Taking care of Branch Accountant for the below
  • Maintaining individual IMC LTD -Goa Branch Monthly MIS
  • Follow-up of Payments With Debtors & Creditors
  • Inter Branch Reconciliation and Outstanding Issues
  • Prepation of bank reconciliation
  • TDS working/service tax working

Specialist

ALLCARGO LOGISTICS LTD, Chennai
06.2011 - 05.2013
  • Authorizing daily operations for Bank template approval for vendor payments
  • (Bank of America, Wells Fargo & Scotia)
  • Liaising with AP payment team for smooth payment process in meeting the daily timeline
  • Inter Branch Reconciliation and Outstanding issues
  • Successfully transitioned the Hyderabad region treasury process
  • Handling Hyderabad payment disbursement activity and related queries
  • Conduction process training for the new resources and knowledge sharing activity carried on a monthly basis
  • Validation and Consolidation of Statutory report and Tax returns filed in the respective countries for all the legal entities Worldwide in Flextronics
  • After validation uploading the document in GEMS (Global Entity Management System)
  • Maintaining records of statutory report and Tax returns 2005 to 2010 and preparing of tracker for both
  • Getting the required data for validation before the deadline from the entity owners
  • Handling more than 26 bank accounts on Treasury booking process
  • Train the new joiners and conduct monthly session for knowledge sharing activities
  • Handling Internal audit queries and file the documents for external audits
  • Downloading of bank statement from banking applications (Bank of America, RBS, K&H Deutsche Bank and CITI)
  • Downloading of Anticipated payment report from ERP
  • Daily treasury booking transactions in ERP (Anticipated payments clearing, Bank Fees and Transfers transactions booking)
  • Following-up with AP payments team to complete "Anticipated booking"
  • Handling Queries on Clarification to Bank reconciliation team member on bookings
  • Preparing Bank Reconciliation weekly basis as well as at the time of month end
  • Finding open items and follow up with AP and AR team to clear the open items
  • Performing Balance sheet Reconciliation and report to site controller
  • Statement for Bank charges and Transaction analysis

Education

Bachelor of Commerce - B.COM

University of Madras
Chennai
01.2007

Master of Commerce - M. Com

University of Madras
Chennai

Skills

  • Application Software: MS Office, PowerPoint, Bank portals
  • ERP: Alpha Oracle, Altais PT1, Powermax PE1, Onesteam PE8, Trax, Webcash, Axapta & My Payments
  • New process migrations and transfer
  • Adeptness in use of Logic
  • Maintaining Trackers and Historical reports

Disclaimer

I declare that the details furnished in this resume are true to the best of my knowledge.

Accomplishments

  • Star Individual Award — Awarded as an Individual performer for Improvement and transition of Template Approval process.
  • Super Star Award - Awarded as Super Star award for supporting payment release activity.
  • Star Team Award - Team Award for continuous Improvement and transition of process. Implemented My Payments tool for payment process in GOT Chennai
  • Stabilized payment initiation process for Malaysia and Brunei.
  • Streamlined Payment Release process within short period of time.
  • Trained and certified with BELS (Building Essential Leadership Skills) through Leadership Program
  • Received Appreciation mails from Business and Top Management people for On-time Payment Processing

Timeline

Treasury Specialist

GE VERNOVA
02.2015 - Current

Accounts Officer

IMC Ltd
05.2013 - 01.2015

Specialist

ALLCARGO LOGISTICS LTD, Chennai
06.2011 - 05.2013

Bachelor of Commerce - B.COM

University of Madras

Master of Commerce - M. Com

University of Madras
R . SATHISH KUMAR