Rithvika Pavidipati
Summary
Detail-oriented and analytically sound employee as an Accounts Payable Specialist with 3.5 years of experience in financial operations within the investment banking sector. Proficient in managing high-volume transactions, ensuring accuracy and compliance, and optimizing financial processes. Adaptable to working in fast-paced environments and committed to delivering high-quality results that support organizational goals.
Overview
2
2
years of professional experience
Work History
Contra Revenue Specialist – Network Management
UBS Business Solutions India. Pvt. Ltd
Hyderabad
2021.03 - 2022.09
- Managed the end-to-end accounts payable process, including high volume invoice processing, reconciliation, and payments for nostro accounts, Agent banks
- Agent bank invoices – verifying the type of cost being billed
- Includes safekeeping, Custody fee, settlement fee, proxy fee
- Out of pocket expenses, corporate action related expenses
- Preparing the forecast file and accruals based on the previous rends of th invoices Updating the vendor details and change of payment details in the system if any
- Liaising with the market manager to get accurate info
- Controlled the Accounts Payable Process without any risk incidents and implemented corporate controls
- Cross checking the invoice cost with the rate agreements agreed between the agent bank and the firms Ensured accurate and timely payment processing while adhering to internal controls and compliance regulations
- Performed audits and 4eye checks of the activities performed by the team members
- Managed the receipt of invoices for automatic debit from bank accounts, prepared manual entries, and performed ledger postings
- Matched off debits of Nostro account with credits of interledger accounts Addressed and promptly replied to all queries within one business day, minimizing escalations Implemented process improvements that reduced invoice processing time by 70% and increased overall efficiency
- Maintained necessary logs to monitor the status of processed invoices and took appropriate actions to avoid delays Collaborated with cross-functional teams to address and resolve payment-related issues and maintain positive vendor relationships
- Reconciled vendor accounts and addressed any outstanding issues or disputes in a timely manner
- Proactively followed up with agent banks to obtain missing invoices for the respective month Conducted month-end activities, including reconciling interledger balances Updated Standard Operating Procedures (SOPs) and implemented process improvements to minimize manual intervention.
Finance executive
Value labs
- Booked cost of global and Indian invoices for sub-contractors and independent contractors of the company using SAPFICO
- Updated trackers accurately and followed up for timely billing confirmations
- Updated schedules for prepaid expenses and prepaid insurance amortization, and made corresponding entries
- Accounted for and executed payment runs for NPS and Superannuation, and processed TDS and PT entries
- Resolved internal client queries within one business day with optimal solutions, maintaining a 7-star rating and 100% adherence to monthly closure timelines
- Played an active role in processing monthly payroll for 5000+ employees using SAPFICO, providing administrative support to other teams
- Accounted for bank receipts including Notice Buyouts, Joining Bonuses, and Bond breakage
- Processed Salary advances, Joining Bonuses, and Lateral entries
- Cultivated strong relationships and effective communication with HR and Finance teams.
Education
Finance | M.B.A -
C.M.R College of Engineering and Technology
Hyderabad, India06.2021
Skills
- Proficient in accounting software (e.g., SAP, Power BI Tally, Prime, TLM, Microsoft Excel (advanced functions, pivot tables), and ERP systems
- Knowledge of investment banking operations, financial regulations, and compliance requirements
- Strong ability to analyze financial data, identify discrepancies, and develop solutions
- Effective verbal and written communication skills, with experience in interacting with vendors and internal stakeholders
- High level of accuracy and meticulous attention to detail in processing financial transactions
Timeline
Contra Revenue Specialist – Network Management
UBS Business Solutions India. Pvt. Ltd
2021.03 - 2022.09
Finance executive
Value labs
Finance | M.B.A -
C.M.R College of Engineering and Technology
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