Sandeep Reddam
Senior Associate
Hyderabad
Summary
A detail-oriented accounting Professional with experience in Accounts Payable, Payments, Invoice processing and Intercompany Reconciliations and GL reconciliations targeting a challenging position in a reputed organization to contribute expertise in Accounts payable for efficient financial operations
A dynamic professional with around 11 years of experience in Procure-to-Pay processes, operations, Training, ensure requirements delivered on time and problem-solver dedicated to streamlining operations. Highly committed with hardworking mentality to maintain quality of services and products.
Overview
13
13
years of professional experience
15
15
years of post-secondary education
Work History
Senior Associate
Accenture Solutions
01.2021 - Current
- AP Vendor Payments: Process the payments for Vendors, weekly, Bi-weekly and Monthly
- Urgent payments on client request
- Verifying duplicate payments
- Maintaining an accounts payable Invoice aging analysis to know and understand the outstanding invoice payments
- Respond to Vendor queries and Client queries to email and calls.
- Providing the payment proofs for Audit
- Updating SOP
- Assisted with monthly close activities and accounts payable reconciliation
- Prepare weekly, Monthly, Quarterly and Yearly spend analysis report and publish it to high level management.
- Deliver business requirement dashboards and reports publish reports
Senior Analyst
K-Fin Technologies
01.2018 - 01.2021
- Mutual Fund Brokerage Payments: Applying the rates for the schemes provided by the AMC for calculation of commission to the distributors in the month ends
- Generate the Commission payment files and provide to AMC to get approval for payment
- Generate the payment file and sent to Bank to process the payment to the distributors
- Payout to the distributors done by the 6th working day
- Generate the Bi-monthly commission report and provide to AMC
- Resolving the Distributors queries
- Follow-up with the internal team for distributor corrections request
Process Developer
Genpact India Services PVT LTD
01.2012 - 01.2018
- General ledger taxes reconciliation
- Assign with 12 High Risk accounts in GL Taxes reconciliation
- Download the reports from Main Frames (CPARS) and formatting the reports every fiscal week
- Download the reports from oracle database corporate central ledger
- Research each and every line item and analyze the open items
- Reconcile the accounts as per 7 corporate criteria
- Interact with the customers as and when required
- Complete the accounts with in Turnaround Time with accuracy
- Provide the status of the reconciliations to customer through support central work flow
- Upload the reconciliations into GBS tool for customer approval
- Support the team when required in completing the activities in time.
- AP Intercompany Reconciliation
- Account payable intercompany reconciliations and resolving imbalances and month end closing activities.
- I perform preliminary and final reconciliations
- Research and analyze the open items
- Follow up mails to get the information to resolve the issues
- General ledger journal entries finalization of books of accounts, Preparation of reconciliation & research and clearance of imbalance.
- Accruals postings and reversal of documents in ERP systems (SAP)
- Interact with the customers as and when required to resolve the issues
- Complete the month-end activities on a timely manner
- Invoice processing: Process the invoices for multiple vendors, verify purchase orders and invoice details with accounts payable application and original invoice
- Performed three-way match reconciliation of purchase order to goods receipt to invoice
- Maintain accounts payable aging analysis to know and understand the outstanding or un cleared invoices
- Follow-up in handling invoices that are rejected or when information is provided to ensure processing of all invoices within the established service levels
- Focus on aging invoices and interacted with vendor to resolve invoices discrepancies and past due balances
- Download the invoice pending report and allocate the invoice to the team and get them process
- Stretch when the invoice volume is high and complete to meet SLA
- I impart training of invoice processing to the new joiners in process
Education
MBA -
Mallareddy Institute of Management
01.2010 - Current
B.Com. - Computers
ST. Mary’s Centenary Degree College
Skills
Proficiency metrics
Vendor Payments
Invoice processing
Intercompany Reconciliation
Accounts Payables Process Improvement
Standards Operating Procedures
Training & Development
Accounting Software
Professional Courses
- MBA, Mallareddy Institute of Management, 2010
- B.Com. Computers, ST. Mary’s Centenary Degree College affiliated to Osmania University, 2008
Personal Information
- Date of Birth: 02/19/88
- Nationality: Indian
Proficiency Metrics
- Vendor Payments
- Invoice processing
- Intercompany Reconciliation
- Accounts Payables Process Improvement
- Standards Operating Procedures
- Training & Development
Timeline
Senior Associate
Accenture Solutions
01.2021 - Current
Senior Analyst
K-Fin Technologies
01.2018 - 01.2021
Process Developer
Genpact India Services PVT LTD
01.2012 - 01.2018
MBA -
Mallareddy Institute of Management
01.2010 - Current
B.Com. - Computers
ST. Mary’s Centenary Degree College