RAKESH KUMAR
New Delhi
Summary
Results-driven Commercial Lending Operations Specialist at CNH Industrial Capital with expertise in SAP FICO and accounts reconciliation. Proven track record in enhancing payment processes and resolving customer issues efficiently. Adept at multitasking and planning, I excel in managing complex financial operations while ensuring compliance with banking policies.
Overview
13
13
years of professional experience
Work History
Commercial Lending Operations Specialist – India FS – APAC Regional Operations
CNH Industrial Capital (India) Private Limited
Gurgaon
05.2023 - Current
- Preparation and maintenance of Monthly & weekly MIS and submitting the same to the top management.
- Formulating day to day portfolio management policies regarding dealer behavior classification.
- Dealer limit determination.
- Validation of Bank guarantee & Agreements.
- BG safekeeping, updating, revocation.
- Monitoring dealers Over limit, Overdue Scenarios.
- Accounts Receivable, allocation of payments & credit notes.
- Co-ordination with RBI, internal and concurrent auditors for monthly, quarterly & yearly audits.
- Preparation of Payment reminder letter to customer.
- Attending customers complaints & issues & ensuring quick resolution.
- Legal case documentation.
- Periodic review of policies.
- Coordination with various stakeholders for information exchange.
- Follow up on actionable.
- Good knowledge of treasury operations.
- FX payment operations (swift Operation).
- Banking Policies & procedures.
Asst. Manager Accounts Receivable- Credit Control
IP Cleaning India Pvt Ltd
New Delhi
08.2022 - 05.2023
- Reconciliation of customer ledger.
- Preparation of customer ledger monthly.
- Payment follows up via mail & over phone.
- Preparation of Payment reminder letter to customer.
- Court case hearing of legal cases.
- Legal case documentation.
- Collection projection and MIS.
- Invoice submission meeting/overview.
- Online invoice upload overview.
- Ageing analysis for outstanding payment.
- MIS preparation.
- Customer visit for payment follow up & reconciliation.
- Credit approval MIS.
- Commercial approval on order execution.
Commercial Associate, SAP FICO
Roots Multiclean Ltd
New Delhi
06.2015 - 07.2022
- Complete process of invoicing.
- Filling of VAT/CST Monthly.
- Reconciliation of customer ledger.
- Involve in all branches commercial activities.
- Participation in internal audit.
- Support Auditors to generate audit details and finalize annual accounts.
- Support auditors to generate weekly report.
- Handling of branch cash.
- Handling of Petty cash.
- Preparation of cash vouchers.
- Customer cash collection and bank deposits.
- Accounting of customer collections.
- Logistics activities.
- Prepare Stock Report.
- Support Auditors for Stock audit.
- MIS data & closing activities.
- GST implementation.
SAP FICO Account Executive
Ranbaxy Laboratory Ltd.
Gurgaon
05.2012 - 06.2015
- Invoicing & Payment Administration. (PO & NON PO)
- Complete process of Check & Voucher creation and maintaining the record of same in SAP.
- Handling all Regional & National vendors’ payment process.
- Monthly agreement basis payment e.g. Commercial and Residential Rent.
- Handling All Non PO(G & A Exp) payments.
- Advance reconciliation on monthly basis.
- Generating cheques for travel expense reimbursement by payment run on daily basis.
- Responding mails of queries of employees regarding their travel balances & their payment related query.
- Support Auditors to generate audit details and finalize annual accounts.
- Monthly Rectification of general Ledger balances.
- Mis data & closing activities.
- Knowledge of Excise/TDS/Service Tax.
- Participation in internal audit.
Education
LL. B -
Agra University
M.com -
Indira Gandhi National Open University
B.Com -
Delhi University
Intermediate -
CBSE. Board
High school -
CBSE. Board
Skills
- SAP FICO
- Data analysis
- Banking operations
- Accounts reconciliation
- Payments processing
- Credit management
- General ledger accounting
- Account payable
- Invoice/credit memo
- Special G/L transactions
- Tax on purchase
- Automatic payment program configuration
- Extended withholding tax
- Account receivable
- Customer payment collection
- Invoicing
- Accounting of customer collections
- Commercial activities
- Handling of branch cash
- Preparation of cash vouchers
- Customer cash collection
- Bank deposits
- Operating Systems
- Ms office
- Vendor management
- Multitasking capacity
- Planning and coordination
Languages
- Hindi
- English
Personal Information
- Date of Birth: 05/10/90
- Marital Status: Married
Educational Development
- LL. B, Agra University
- M.Com, Indira Gandhi National Open University
- B.Com, Delhi University
- Intermediate, CBSE Board
- High School, CBSE Board
Timeline
Commercial Lending Operations Specialist – India FS – APAC Regional Operations
CNH Industrial Capital (India) Private Limited
05.2023 - Current
Asst. Manager Accounts Receivable- Credit Control
IP Cleaning India Pvt Ltd
08.2022 - 05.2023
Commercial Associate, SAP FICO
Roots Multiclean Ltd
06.2015 - 07.2022
SAP FICO Account Executive
Ranbaxy Laboratory Ltd.
05.2012 - 06.2015
LL. B -
Agra University
M.com -
Indira Gandhi National Open University
B.Com -
Delhi University
Intermediate -
CBSE. Board
High school -
CBSE. Board
Similar Profiles
AMIT KUMAR JHAAMIT KUMAR JHA
Product Specialist-Biomass Segment at CNH Industrial India Private LimitedProduct Specialist-Biomass Segment at CNH Industrial India Private Limited
AASHI SINGHAASHI SINGH
Personal Assistant to the Managing Director at CNH Industrial Capital India Pvt Ltd.Personal Assistant to the Managing Director at CNH Industrial Capital India Pvt Ltd.
Abhishek Singh ChauhanAbhishek Singh Chauhan
Associate- Purchasing at CNH Industrial India Pvt LimitedAssociate- Purchasing at CNH Industrial India Pvt Limited
Ajit SinghAjit Singh
Financial Modeling Student(Internship) at InvactFinancial Modeling Student(Internship) at Invact
Akib SiddiquiAkib Siddiqui
Associate Manager at HCLTechAssociate Manager at HCLTech