Accountant
Open To Work
Reneta Shreya Simeon
Coface India Credit Management Services Pvt. Ltd.
Bangalore
Work Preference
Job Search Status:
Open to work
Detail-oriented Accountant with expertise in reconciling cash books, bank statements, and general ledger balances. Completes over 20 reconciliations monthly and processes 35+ payments weekly, enhancing accuracy and minimizing overdue invoices. Facilitates cash flow by ensuring timely statement settlements and proactive follow-up on outstanding balances.
13
years of professional experience
Work History
Accountant
5 Years 6 Months
Coface India Credit Management Services Pvt. Ltd. - Bengaluru | 04.2020 - 10.2025
- Maintained 99.8% accuracy in monthly account reconciliations against general ledger records using detailed review controls.
- Reduced reconciliation discrepancies by 15% in cash book, bank statement, and general ledger matching through careful review of entries.
- Decreased overdue invoices by 10% through follow-up statement preparation and monthly aging review, enhancing timely collections in Hong Kong and Greater China.
- Recovered an average of HKD 20,000 in outstanding payments monthly by following up with brokers and policyholders on overdue invoices.
- Processed an average of 30 weekly payments for claims, recoveries, refunds, and brokerage at the Singapore branch.
- Managed payroll, reimbursements, and overhead disbursements across South Asia Pacific and Singapore with accurate payment tracking.
- Recovered HKD 20,000 monthly in outstanding payments by following up with brokers and policyholders on overdue invoices, improving cash flow management.
- Resolved premium and claims statement differences through thorough account reviews and supporting document checks, ensuring accuracy in financial reporting.
- Supported premium refund processing by confirming documentation and matching entries to source records.
- Maintained receivable records and updated outstanding balances after posting cleared payments.
- Reviewed broker payment requests and matched supporting invoices before processing approval workflows.
- Validated claim payment entries against supporting paperwork to reduce posting errors before monthly reporting.
Assistant Accountant
2 Years 5 Months
Coface India Credit Management Services Pvt. Ltd. - Bengaluru, India | 11.2017 - 04.2020
- Processed an average of 100 broker payments per month for Hong Kong operations, applying commission adjustments within debit note and aging files.
- Uploaded processing pages from LCS to Accpac each week, supporting accurate revenue recognition and reducing data entry errors by 18%.
- Reconciled debit notes and aging data with the general ledger, improving reporting accuracy by 12%.
- Executed premium settlements accurately, contributing to a 5% improvement in cash flow.
- Executed premium settlements accurately, enhancing cash flow management.
- Prepared aging reports and statements of account consistently, providing clear support for financial analysis and collections follow-up.
- Monitored receivable balances, flagging overdue accounts for timely follow-up actions.
- Maintained bank reconciliation records and matched transactions against supporting documents.
- Applied cash receipts against open balances to keep customer accounts current and organized
- Applied cash receipts against open balances, ensuring customer accounts remained current and organized.
AMO Consultant
11 Months
Mindtree Technologies Pvt. Ltd. - Bengaluru, India | 12.2016 - 11.2017
- Tracked SOWs and purchase orders across 5 projects, enhancing resource allocation and increasing delivery visibility.
- Monitored invoice status and payment movement, reducing delays by 15% and protecting cash flow integrity.
- Tracked SOWs and purchase orders across 5 projects, improving resource allocation and delivery visibility.
- Collected project timesheet reports from customers and leveraged Advanced Excel to identify actionable process improvement opportunities.
- Supervised work orders and purchase orders, streamlining workflows and reducing administrative overhead.
- Analyzed gross margins, revenue per employee, and billing discrepancies for management reporting.
- Partnered with project managers on Gross Margin Analysis submission and timesheet compliance, maintaining a 98% compliance rate.
Transaction Processing Associate
3 Years 3 Months
Accenture Services Pvt. Ltd. - Bengaluru, India | 04.2013 - 07.2016
- Reviewed invoices for approval against company policy, preventing fraudulent transactions and supporting compliant accounts payable processing.
- Processed and audited over 80 invoices daily, matching purchase orders and data entry to cut processing time by 20%.
- Audited and corrected workflow errors in DFM and SAP, reducing error rates by 25% and improving data integrity through MS-Access reporting.
- Managed partner contracts for 200+ partners, coordinating onboarding and license grants to streamline account setup.
- Onboarded new customers and granted licenses, resulting in 15% increase in new client acquisition.
- Evaluated discount options for partner agreements, optimizing terms to support 5% increase in profitability.
Education
Master of Finance And Accounting - Accounting And Finance
Central College, Bangalore University - Bengaluru, India
05-2012
Bachelor of Commerce - Accounting And Finance
NMKRV College For Women - Bengaluru, India
05-2010
Pre-University - Accounting And Finance
Vijaya PU College - Bengaluru, India
04-2007
High School Diploma
Carmel Convent High School - Bengaluru, India
04-2005
Skills
Accounts reconciliation
Accounts receivable aging
Collections management
Collections follow-up
Claims payment processing
Claims reconciliation and settlement
Premium refund processing
Broker payment processing
Timeline
Accountant
Coface India Credit Management Services Pvt. Ltd.
04.2020 - 10.2025Read more
Assistant Accountant
Coface India Credit Management Services Pvt. Ltd.
11.2017 - 04.2020Read more
AMO Consultant
Mindtree Technologies Pvt. Ltd.
12.2016 - 11.2017Read more
Transaction Processing Associate
Accenture Services Pvt. Ltd.
04.2013 - 07.2016Read more
Central College, Bangalore University - Master of Finance And Accounting, Accounting And Finance
Read more
NMKRV College For Women - Bachelor of Commerce, Accounting And Finance
Read more
Vijaya PU College - Pre-University, Accounting And Finance
Read more
Carmel Convent High School - High School Diploma,
Read more