Ratul Paul
Treasury Reconciliation, Reporting And Controlling
Summary
Meticulous Treasury professional with 3 years of experience in Treasury accounting, controlling and reporting and 5 years of exposure in PTP profile (AP, Supplier pay run & Vendor management). Backed by solid credentials and proficiencies in Open Link based Treasury management system (Findur), SAP, TRAX & MS Office. Efficient and proven track record in project migration, process automations/improvements and ability to accomplish ambitious targets with high level of accuracy and standards.
Overview
9
9
years of professional experience
12
12
years of post-secondary education
Work History
Team Leader- Treasury Reconciliation & Controlling
Maersk Global Service Center India Pvt Ltd.
Pune
11.2022 - Current
- Promoted to leadership role after demonstrating an ability to learn process and handle complex concepts and problems quickly.
- Managing a team of 4 members, majorly involved in Supporting APMM Group Finance (Treasury and Risk).
- Looking after booking of deals for Cash Management Team (Including Cash Pools, Dividends from affiliates, Treasury Share Transactions).
- Inter company Reconciliation of Derivatives, Deposits, Borrowings, Accrued Interest on Borrowings, Internal Interest (Commitment Fees, Guarantees Fees, Cash Pool Interest).
- Managing daily bank reconciliations of all treasury & cash pool accounts in Findur(TMS). This includes providing open item report with detailed commentary on items such as Loans - Inter company, Long Term Borrowings - External, O/N Deposits placed with Bank, FX Trades, Derivatives, Bonds, Repo Transactions).
- Preparing period end Bank vs SAP GL balance reconciliation for group accounts.
- Assisting team in resolving intercompany plugs between parent company and 180 + subsidiaries every month.
- Supporting HQ treasury to understand exposure to banks by bringing visibility of cash reported by subsidiaries in One stream.
- Executing and approving Memo payments in bank for transfers related to new M&A along with certain trades as a part of settlement process.
- Bi-Annual Audit Confirmations of all External Loans, Derivatives, Commitments (RCF's), Deposits, FX Trades with External Banks.
- Monthly/Quarterly balance sheet reconciliation in BlackLine for all APMM bank and clearing GL's.
- Ensure 100% successful completion of process controls and compliances through GRA RICC Control with proper documentary evidence submitted.
Senior Spec- Treasury Reconciliation & Controlling
Maersk Global Service Centre Pvt. LTD
Pune
03.2020 - 11.2022
Team Leader- Accounts Payable APMM
Maersk Global Service Centre Pvt. Ltd.
Pune
08.2018 - 03.2020
- Promoted to TL within a very short span of 1year 11 months after maintaining quality and high performance throughout.
- Managing AP & Vendor Master across all APMM group entities.
- Ensure accuracy and timeliness of delivery.
- Coordinating with all stake holders to get invoices processed and approved on time, in order to make it ready for payment before due date, thus improving POT month on month.
- Align with stakeholders on improving upstream process to maintain an AP inventory of 8 days.
- Ensure monthly and yearly Vendor reconciliation completion as per annual spend.
- Controlling aged vendor debit balance greater than 90 and 180 days.
- Assisting team in analyzing queried and disputed invoices and following up with internal stake holder and vendors to resolve the issue.
- Supporting team on duplicate payment analysis and chasing suppliers and getting the refund.
- Preparing monthly dashboard with key outcomes on the core KPI's in order gauge process performance and plan for improvements
Analyst- Accounts Payable APMM
Maersk Global Service Centre Pvt. Ltd.
Pune
09.2016 - 08.2018
Associate - Accounts Payable
WNS Global Services Pvt Ltd. Pune
Pune
06.2014 - 09.2016
- Identified customer needs and wants to enhance customer experiences and boost sales.
- Uploading, indexing, and processing of invoices accurately in SAP.
- Analyzing all queried invoice and following up with buyers and vendors to resolve the issue.
- Making Corrections of incorrect posting to accounts, account maintenance and setting up emergency payment request and recurring payment method .
- Chasing for duplicate payments to vendor and ensuring timely refund of such payments made.
- Setting up new vendor in SAP, amending, reactivating, and deleting vendors as per requirement.
- Setting up all employee's records in SAP with their banking details.
- Preparing process flow map along with designated roles and responsibilities.
Education
MBA - Finance
Sinhagad Institute of Management
Pune 07.2011 - 08.2023
Skills
Treasury Management
Accomplishments
- Improved cash visibility in Findur from 75% to 90% by mapping MT940 in Findur.
- Improved cash visibility by reducing unspecified cash balance reported in OneStream from $400m to $160 m in a span of 9 months and moved it close to 100m in a year.
- Successful migration of payment activity from CPH to Pune GSC and thereby improving the POT % from 26% to 76.8% maintaining an average of 70.15%.
- Improved average FI approval cycle from 7.08 days to 5.02 days.
- Improved AP inventory days from 14 to 7.7 days.
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Team Leader- Treasury Reconciliation & Controlling
Maersk Global Service Center India Pvt Ltd.
11.2022 - Current
Senior Spec- Treasury Reconciliation & Controlling
Maersk Global Service Centre Pvt. LTD
03.2020 - 11.2022
Team Leader- Accounts Payable APMM
Maersk Global Service Centre Pvt. Ltd.
08.2018 - 03.2020
Analyst- Accounts Payable APMM
Maersk Global Service Centre Pvt. Ltd.
09.2016 - 08.2018
Associate - Accounts Payable
WNS Global Services Pvt Ltd. Pune
06.2014 - 09.2016
MBA - Finance
Sinhagad Institute of Management
07.2011 - 08.2023
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