Summary
Overview
Work History
Education
Skills
Accomplishments
Disclaimer
Timeline
Generic

RIYA SARA THOMAS

Bangalore

Summary

A CA intermediate & MBA Finance Professional with 14 years multifunctional experience in the field of Accounts Payables, team handling, Stakeholder management, Vendor Reconciliation, Employee reimbursement management in Concur & SAP, Managing Accruals, Prepaid, FP&A forecasting, budgeting, and variance analysis and all month end activities in Finance with leading companies. Good exposure in People soft Oracle, SAP Hana and Vendor management. Strong numeric, analytical & communication skills, including report writing and people skills.

Overview

14
14
years of professional experience

Work History

Financial Data Specialist

Flora Food Group Limited
06.2023 - Current
  • Take complete ownership of Accounts Payable process, by analyzing ,monitoring inflows and outflows across business entities, identifying timing gaps, and ensuring optimal liquidity.
  • Verified over 1,500 invoices monthly, ensuring 98% on-time payments..
  • Achieved ₹12L annual savings by renegotiating payment terms with key vendors.
  • Reduced invoice processing time by 30% through automation and process enhancements.
  • Resolved vendor disputes worth over ₹50L, improving vendor relationship and cash flow.
  • Implemented AP automation tools, increasing straight-through processing from 60% to 85%.
  • Leverage Power BI or similar data visualization tools to create dashboards and reports, provided actionable insights to drive business decisions.
  • Consolidate and reconcile data from various sources including SAP Hana, Ariba and other tools even when the data is incomplete or inconsistent.
  • Partner closely with the Finance Controller, and business heads to challenge assumptions and support strategic decisions.
  • Drive automation and improvements in reporting processes to boost speed, accuracy, and reliability.
  • Provide ad hoc financial analysis for fundraising, investor relations, audits, and compliance requirements.

Senior Team Lead Accounts

Alshaya Outsourcing Company
07.2022 - 07.2023
  • Led budgeting cycle for ₹100Cr+ annual spend, ensuring 95% forecast accuracy.
  • Identified and explained monthly variances exceeding ₹5L, supporting strategic decisions.
  • Supported Cost Optimization initiatives that drove 10% YoY cost reduction in indirect expenses.
  • Developed dashboards tracking KPIs across 5 departments, reducing manual reporting time by 40%.
  • Delivered financial models for projects worth over ₹15Cr, aiding investment decisions.

Team Leader

Mashreq Global Services
07.2019 - 07.2022
  • Supervised AP department; resolved invoice and accrual issues across Middle East.
  • Performed reconciliations with third party reports, identified gaps, communicated with relevant stakeholders and brought issues to closure.
  • Identified opportunities for automation in existing financial workflows and collaborated with IT and finance teams to deploy automation solutions using tools and scripts.
  • Leveraged Power BI or similar data visualization tools to create dashboards and reports, provided actionable insights to drive business decisions.
  • Developed and maintained complex Excel models to support financial analysis, reporting, and business planning activities.
  • Worked closely with various departments (Finance, IT, and Operations) to understand requirements and implement financial solutions.

Senior Accountant

Wells Fargo India Solutions Pvt Ltd
02.2015 - 07.2019
  • Processed invoices in P2P with accuracy and as per company’s policies.
  • Coordinated with project head who used to share the cost details and wherever required reversal entries were passed on time.
  • Conducted meeting with users and managed accrual entry.
  • Helped the user department in reducing the cost by providing suggestions on cost cutting.
  • Done day end activities and month end activities related to AP without fail.
  • Supported in automation and saving time required to process any entry.
  • Updated the financials on a monthly basis and helped management in presenting reports.

Financial Analyst

Aditi Technologies
12.2012 - 02.2015
  • Processed vendor invoices in Oracle R12 Accounts Payable Module.
  • Prepared Expense schedule, Provision schedule, and prepaid expense schedule with ageing Verification of Vendor invoice with the supporting.
  • Matching invoices with Purchase order, GRN, Vendor Reconciliation Agreement or work order etc. Followed-up for vendor balance confirmation and prepared Vendor reconciliation.
  • Pre-verified Expenses Reimbursement as per various policies, payment.
  • Prepared & monitored Balance Sheet Ageing (Schedules of Sundry Creditors – Materials/Services, OSL, Expense AP Accrual (Open GRNs) & Vendor advances etc.

Officer Accounts Payable

Mphasis Pvt Ltd
05.2011 - 12.2012
  • Processed vendor invoices in Oracle R12 Accounts Payable Module.
  • Handled daily A/P processes, managed vendor/supplier relations; and oversaw the timely, accurate processing of invoices, purchase orders, expense reports. etc.
  • Reviewed and reconciled compiled VAT report and vendor reconciliations.
  • Claims which are processed from the vendor are send in CSV file and same uploaded in Oracle-R12 post verification of the data.
  • Interacted with various departments and end users to resolve issues.

Education

MBA Finance - Financial Management

Institute of Chartered Financial Analyst of India
Tripura India
03.2014

CA PE II- (CA Inter) -

Institute of Chartered Accountants of India
ICAI
01.2006

Skills

  • Vendor Management & Reconciliations
  • Month-End Closing Support
  • ERP Systems: SAP Hana, Oracle, Ariba,Concur ,Power Bi
  • Data Accuracy & Record Maintenance

Accomplishments

  • Driving operational efficiency and cost savings, including a 10% reduction in overheads through cross-functional collaboration
  • 2% cost saving from leading a global rebranding project across 40 offices.
  • A good team player with exposure to Data Analysis Tools: Power BI.
  • Implemented initiatives such as legal entity consolidation and vendor spend analysis
  • Reduced turnaround time in AP processes through automation.
  • Streamlined vendor master data to enhance communication accuracy and project execution.

Disclaimer

I hereby declare that the above-mentioned particulars are true to the best of my knowledge and belief. Riya Sara Thomas

Timeline

Financial Data Specialist

Flora Food Group Limited
06.2023 - Current

Senior Team Lead Accounts

Alshaya Outsourcing Company
07.2022 - 07.2023

Team Leader

Mashreq Global Services
07.2019 - 07.2022

Senior Accountant

Wells Fargo India Solutions Pvt Ltd
02.2015 - 07.2019

Financial Analyst

Aditi Technologies
12.2012 - 02.2015

Officer Accounts Payable

Mphasis Pvt Ltd
05.2011 - 12.2012

MBA Finance - Financial Management

Institute of Chartered Financial Analyst of India

CA PE II- (CA Inter) -

Institute of Chartered Accountants of India

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