Summary
Overview
Work History
Education
Skills
Certification
Personal Information
Timeline
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RANGANATHA AM

RANGANATHA AM

ACCOUNTS PAYABLE ANALYST
Bengaluru

Summary

With over 8 years of experience, honed skills in managing accounts payable processes and maintaining accurate financial records. Strong analytical abilities enable to ensure compliance and efficiency in payment systems, guaranteeing smooth operations. Consistently demonstrated effective vendor management and a knack for process improvement.

Overview

8
8
years of professional experience
6
6
years of post-secondary education
2
2
Certifications
3
3
Languages

Work History

Accounts Payable Analyst

Enchanting India
Bengaluru
08.2023 - Current
  • Received vendor invoices, validated for accuracy and routed for approval to prepare for payment processing.
  • Managed high-volume invoice processing efficiently, maintaining a consistent record of timely payments.
  • Processed daily invoices, check requests and wire transfers of foreign and domestic currency.
  • Investigated inquiries relating to status of accounts.
  • Researched and resolved invoice and payment issues for internal employees and external vendors.
  • Identified opportunities and risks in accounts payable process to improve standard operating procedures.
  • Improved payment accuracy with meticulous invoice review and reconciliation efforts.
  • Facilitated cost savings by identifying duplicate payments and preventing overpayments through diligent invoice reviews.
  • Assisted with annual audits by generating reports and collecting and consolidating invoice information.
  • Supported audit preparation efforts, providing thorough documentation for accounts payable transactions as needed.
  • Enhanced vendor relationships through prompt communication and timely resolution of discrepancies.
  • Maintained accurate vendor records, ensuring proper tax compliance and streamlined communication channels.
  • Reduced outstanding accounts payable balances by diligently following up on overdue invoices and negotiating payment terms.
  • Collaborated with procurement team to ensure accurate purchase order issuance, enhancing overall process efficiency.
  • Streamlined invoice processing, significantly reducing processing time by implementing automated system.
  • Supported financial decision-making by analyzing trends in vendor pricing and payment terms.
  • Reduced late payment fees and managed cash outflows by prioritizing invoice payments based on terms and cash flow forecasts.
  • Optimized payment processes, leading to timely and efficient accounts payable cycle.
  • Enhanced vendor relationships through timely and accurate payment schedules, fostering trust and long-term partnerships.
  • Streamlined vendor inquiries and disputes resolution, maintaining positive and professional relationships.
  • Reduced payment errors by meticulously auditing invoices against purchase orders and delivery receipts.
  • Improved financial reporting accuracy with detailed reconciliation of accounts payable ledger and general ledger.
  • Processed invoices and journal entries with efficiency and accuracy, resulting in decreased discrepancies.
  • Reached out to vendors and customers to verify information and follow up on client issues.
  • Effectively communicated with clients about payment needs and kept updated, detailed and accurate ledgers.
  • Maintained account accuracy by reviewing and reconciling checks monthly.
  • Reconciled accounts, managed audits and updated financial records with remarkable accuracy.

Business Analyst

Genpact
Bengaluru
08.2022 - 05.2023
  • Reviewing Sales Orders, Vendor Contract and Quotes Review
  • Reviewing P2P PO based & Freight invoices for accuracy and proper approvals
  • Matching invoices with purchase orders & Creating PO based on the monthly budget
  • Ensuring Invoices are paid or negotiated by their due dates
  • Keeping track of all payments and expenditures, including purchase orders, invoices, statements
  • Reconciling processed work by verifying entries and comparing system reports to balances
  • Paying vendors by scheduling pay checks and ensuring payment is received for outstanding credit and generally responding to all vendor enquiries regarding finance.
  • Tracking Containers and preparing shipping line tracker to know the delivery status.
  • Collecting Bill of lading, Commercial Invoice & Packing list to clear the Customs for the Import Export shipments.
  • Creating Backup folders to maintain the Contractual Price quotes and Vendor onboarding docs & customs files.
  • Preparing monthly, quarterly, or annual statements.
  • Creating Process maps and SOP's to Standardize the Trainings for New Joiners.

Logistics & Accounts Payable Associate

LKQ INDIA
Bengaluru
01.2017 - 07.2022
  • Company Overview: Supply chain and Logistics Associate
  • Global Support and Order Management related to quote/ordering queries and escalations
  • Daily filings of documents related to Central Excise/shipments related documents
  • Contact Euro car parts UK designated CHA person for documents to clear the Customs & Shipments
  • Following up and coordinating with security team for shipping documents to inward the received products for processing
  • Updating our asset database on daily basis for shipments received, interact with overseas and local suppliers to get shipping documents via emails.
  • Track all shipment status from pickup to delivery account wise and Proactively follow-up with couriers for delayed pickup and deliveries.
  • Updating inventory and helping warehouse to plan the new stock
  • KPI indicators include On-time Delivery, achieve savings targets and minimize shipping incidents.
  • Float RFQ to forwarder for new shipments, prepare comparative bids
  • Payment request to the finance team to process duty payments and provide the E-way bills for Import and Export shipments.
  • Responsible to work on Order confirmation, past due confirmation, on time delivery, Pull-in, Push-out and Cancellation, Return to vendor process.
  • Responsible for obtaining quotes, creating purchase orders, track of placed orders with vendors, expedited deliveries, follow up with receiving and accounting.
  • Responsible for invoice processing and invoice resolutions & Assisting vendor maintenance team to complete onboarding activities of new suppliers.
  • Maintain cordial relationship with accounts payable and planning department.
  • Invoice verification & Reporting
  • Approving vendor invoices for PO based and non PO based
  • Verification of stock invoices through 3 way matching process
  • Segregating the invoices based on ageing dates & discount
  • Liaising on price mis-match queries with product managers and suppliers
  • Managing Order to Cash Disputes
  • Liaising on no GRN and shortage of GRN for PO with suppliers, buyers, goods in and business managers to approve or reject the invoice for payments
  • Consolidating invoices processed for payments and creating samples for internal auditing
  • Performing audits on samples based on the checklist and compliance policy and reporting same to the team and management
  • Extracting dump from ERP and preparing allocation report & CRM report for the day to day activities to the team
  • Preparation of daily scorecards, weekly & monthly reports and same will be shared with team & management
  • Vendor Reconciliation
  • Reconciliation of vendor statements timely and accurately on monthly basis & sending a report to the vendor as well as clients.
  • Vendor management & vendor details amendment in tool (address, bank details).
  • Resolves discrepancies by working with internal departments like (payment service team, & A/R team), Requestors, buyers & vendors.
  • Working on debit balance and allocation reports on a Weekly basis.
  • Generate the duplicate report and clear the duplicate invoices.
  • Follow-ups on missing documents in vendor statement and our ledger
  • Finding the missing docs in ER loading and approving docs to reflect in ERP
  • Registering debits & credits for wrong entries posted and nullifying with Cash postings.
  • Supply chain and Logistics Associate

Education

MBA - Finance

Sri Siddhartha Institute of Technology
India
06.2015 - 07.2017

B.Com - Accounting And Finance

Tumkur University
India
01.2012 - 06.2015

12th - Kannada

Karnataka

10th - Kannada

Karnataka

Skills

  • Logistics Operations

  • Vendor Management

  • Export Documentation

  • Supply Chain Operations

  • Logistics Management

  • Business Analyst

  • Accounts Payable

  • P2P Cycle

  • PTP Vendor Reconciliation

  • Claims Processing

  • Audit Compliance

  • Customs Documentation

  • Invoice Verification

  • Invoice Discounting

  • Accounts payable Team Lead

  • Procurement

  • SAP Ariba

Certification

All what you want to learn about EXCEL to analysis data

Personal Information

  • Total Experience:8 Years
  • Date of Birth: 06/05/1993
  • Gender: Male
  • Marital Status: Married

Timeline

Accounts Payable Analyst

Enchanting India
08.2023 - Current

Business Analyst

Genpact
08.2022 - 05.2023

Logistics & Accounts Payable Associate

LKQ INDIA
01.2017 - 07.2022

MBA - Finance

Sri Siddhartha Institute of Technology
06.2015 - 07.2017

B.Com - Accounting And Finance

Tumkur University
01.2012 - 06.2015

12th - Kannada

Karnataka

10th - Kannada

Karnataka

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