Rahul Pandurang Shelar
Navi Mumbai
Summary
Results-driven Accounts Receivable Process Lead with expertise in cash application and credit risk assessment. Implemented effective collection strategies to reduce overdue balances. Led teams to enhance operational efficiency and improve customer satisfaction through clear communication and collaboration.
Overview
13
13
years of professional experience
Work History
Accounts Receivable Process Lead
Accenture Pvt Ltd.
Mumbai
01.2025 - Current
- Managed end-to-end Order-to-Cash (OTC) activities, ensuring seamless billing, collections, cash application, dispute management, credit management, and account reconciliations.
- Monitor AR aging reports and implement effective collection strategies to reduce overdue balances and improve Days Sales Outstanding (DSO).
- Lead and mentor a team of AR specialists, ensuring adherence to SLAs, KPIs, and operational excellence standards.
- Oversee daily cash application activities, ensuring timely and accurate allocation of customer receipts and resolution of unapplied cash items.
- Conduct regular Order-on-Hold reviews and collaborate with Sales, Supply Chain, and Customer Service teams to ensure timely release of customer orders while maintaining credit compliance.
- Perform customer credit limit reviews and support credit risk assessments to mitigate exposure and optimize sales growth.
- Manage collection activities for strategic and high-value customer accounts, ensuring prompt resolution of payment delays.
- Collaborate with internal and external stakeholders to resolve billing disputes, deductions, short payments, and payment-related queries.
- Review and approve customer account reconciliations, credit notes, write-offs, and refund requests in line with company policies.
- Ensure timely escalation and resolution of high-risk delinquent accounts and potential bad debt exposures.
- Lead intercompany netting activities and coordinate settlement of intercompany balances across regions and business units.
- Manage intercompany transactions and reconciliations to ensure accuracy and timely month-end closures.
- Perform Bank vs. General Ledger (GL) reconciliations and Sub-GL reconciliations to ensure completeness and accuracy of financial records.
- Supported bad debt provisioning activities, conducting reserve calculations, account evaluations, and generating management reports to assess financial risk.
- Prepared and presented AR performance reports, collection forecasts, cash flow projections, DSO analysis, and KPI dashboards to inform senior management decision-making.
- Support month-end, quarter-end, and year-end closing activities, ensuring accurate financial reporting and compliance with accounting standards.
- Coordinate internal and external audit requirements by providing documentation, controls evidence, and process walkthroughs.
- Ensure adherence to SOX controls, financial governance policies, and compliance requirements.
- Partner with Sales, Finance, Treasury, Customer Service, and Business Leadership teams to support working capital improvement initiatives.
Accounts Receivable Process Lead
Clariant India Pvt Ltd.
05.2019 - 01.2025
- Processed daily bank statements (Wire, ACH, Checks).
- Resolved unapplied payments and discrepancies to maintain accurate financial reporting.
- Generated AR and overdue invoice reports.
- Cleared general ledgers daily to ensure accurate financial reporting.
- Coordinated refunds and ACH/vendor setups to streamline payment processes.
- Maintained accurate customer records and ensured CRM data integrity.
- Handled escalations while coaching new employees to enhance team performance.
- Analyzed customer feedback to identify areas for improvement.
- Responded to customer queries via email, phone, and chat.
- Supported audits with documentation.
- Managed inter-company and legacy transactions.
AR Analyst - Order to Cash
Accenture Pvt Ltd.
Mumbai
07.2016 - 05.2019
- Applied cash manually to customer accounts, ensuring accurate allocation.
- Applied remittance details, maintaining accurate customer bank data to facilitate effective cash application.
- Resolved deductions and validated disputes, ensuring timely adjustments to customer accounts.
- Created new customer setups and responded to CMD queries.
- Monthly GL and account reconciliations.
- Maintained comprehensive reports on deduction claims, ATB, cash allocation, rejections, and AR exceptions to support financial accuracy.
Operations Assistant - Inventory & Shift Handling
TATA Starbucks Ltd.
06.2013 - 07.2014
- Managed inventory levels to support efficient shift operations.
- Collaborated with team to streamline daily operations.
- Coordinated daily operations to ensure smooth workflow and efficient service.
- Assisted management in inventory control and supply chain processes.
- Supported team training and development initiatives for new employees.
Education
MBA - Finance
YMT College of Management
Kharghar, India01-2016
Graduation - B.Sc
Dr. D. Y. Patil College
Nerul, India01-2013
HSC - S.Y.J.C
Karmveer Bhaurao Patil College
Vashi, India01-2010
SSC -
Smt. Radhikabai Meghe Vidyalaya
Airoli, India01-2008
Skills
- Cash application
- Accounts reconciliation
- Debt collection
- Order management
- Risk assessment
- Financial reporting
- ERP system management
- Power BI
- Microsoft Office Suite
- Customer relationship management
Languages
- English, Fluent
- Hindi, Fluent
- Marathi, Native
Place
Airoli - Navi Mumbai, Maharashtra
Other Skills Certifications
- Self-motivated, adaptable, and goal-oriented.
- Effective team player and capable of working independently.
- Strong planning and execution skills.
- Thrive under pressure with problem-solving abilities.
Disclaimer
I hereby declare that the above written particulars are true to the best of my knowledge and belief.
Timeline
Accounts Receivable Process Lead
Accenture Pvt Ltd.
01.2025 - Current
Accounts Receivable Process Lead
Clariant India Pvt Ltd.
05.2019 - 01.2025
AR Analyst - Order to Cash
Accenture Pvt Ltd.
07.2016 - 05.2019
Operations Assistant - Inventory & Shift Handling
TATA Starbucks Ltd.
06.2013 - 07.2014
MBA - Finance
YMT College of Management
Graduation - B.Sc
Dr. D. Y. Patil College
HSC - S.Y.J.C
Karmveer Bhaurao Patil College
SSC -
Smt. Radhikabai Meghe Vidyalaya