Summary
Overview
Work History
Education
Skills
Projects
Training And Certificates
Accomplishments
Disclaimer
Timeline
Generic

Sanjay Hingankar

Pune

Summary

Results-driven Accounts Payable Manager known for enhancing processing efficiency and implementing automation strategies. Proven expertise in financial analysis and vendor management, with a strong emphasis on resolving discrepancies and streamlining operations. Committed to optimizing financial processes to drive organizational success and improve overall performance.

Overview

13
13
years of professional experience

Work History

Manager

Johnsons Controls INC
10.2019 - Current
  • Supervised the accounts payable team to ensure accurate and timely invoice processing.
  • Led the transition of accounts payable processes, achieving a seamless implementation.
  • Resolved payment discrepancies, maintaining strong vendor relationships.
  • Generated financial reports, providing actionable insights to senior management.
  • Implemented automation tools, streamlined processes, and improved response times.
  • Developed and implemented KPIs to measure team performance, leading to a 15% increase in processing efficiency.
  • Analyzed open GRIR data, resolving aged items to ensure on-time and accurate payments to suppliers.
  • Conducted daily team huddles, sharing key updates to foster collaboration and effective communication.
  • Handled critical tasks such as business license renewals and tax payments, achieving zero errors, and ensuring compliance with regulations.
  • Developed and maintained accounts payable policies to ensure ongoing compliance with company standards and industry best practices.
  • Resolved escalations and conducted root cause analysis, implementing solutions to prevent future issues.
  • Collaborated with internal teams to prioritize supplier reconciliation and resolve overdue invoices promptly.
  • Assisted with month-end and year-end closing processes, ensuring all data was accurate and complete.
  • Coordinated seamlessly with teams in payments, procurement, and helpdesk to ensure smooth daily operations.
  • Contributed innovative ideas that improved operational efficiency within the department.

Senior Team Member

TATA MOTORS LTD
12.2014 - 10.2019
  • Checking, clearing, and processing of invoices and ensure that the overall delivery of services is within agreed KPIs and SLA with 100% accuracy.
  • Performing vendor and account reconciliation, month end activities; GRIR review; creations of provisions.
  • Quality check done to all the files worked by the team members.
  • Preparation of daily and weekly productivity report for the entire team.
  • Resolve Vendor and Buyer queries through SRM and RMS portal with root cause analysis.
  • Sales declaration to the insurance company every month.
  • Insurance team handling.

Associate

SKP BUSINESS CONSULTING LLP
11.2013 - 12.2014
  • Invoice Processing of client mainly two way and three-way matching Processing of PO, Non-PO and Pre-approved invoices in SAP applications.
  • Responsible for completing the assigned task to self and to the team within the agreed SLA.
  • Quality check done to all the files worked by the team members.
  • Preparing Weekly Utility payment reports.
  • Preparing of an aging report by age wise on daily basis and allocating work to the team members and follow up the same.

Accounts Officer

MELUX CONTROL GEARS PVT LTD
09.2012 - 09.2013
  • Invoice Processing of client mainly two way and three-way matching Processing of PO, Non-PO and Pre-approved invoices in Busy applications and processing payments to supplier.
  • Preparing Bank Reconciliation Statements for reconciling Cash & Bank balances involving active coordination with bank authorities.
  • Preparing & maintaining statutory books of accounts, reconciliation statements, fixed assets registers and financial statements in compliance with time & accuracy norms.
  • Preparing Excise Calculation, Filed online ER 1 return & Submission to Excise Authorities.
  • Preparing Documentation for Letter of credit & Term Loan.
  • Processing Salary, ESI, EPF Payment.

Education

MBA - Finance

School Of Commerce & Management Science
Nanded, Maharashtra
01.2011

B.Com -

TACCS College
Sengaon
01.2008

Skills

  • Process automation expertise
  • Vendor relationship management
  • KPI development
  • Financial compliance
  • Team leadership
  • Financial analysis and reporting
  • Data interpretation expertise
  • Efficiency in process automation
  • Accounts payable management
  • Systematic issue investigation
  • Project execution management
  • Relationship building with vendors

Projects

Automated vendor ledger reconciliation using VBA in SAP, streamlining data extraction for 500+ suppliers and generating reconciliation reports, leading to a 1 FTE process efficiency. Implemented a BOT for automating invoice processing, resulting in the automatic posting of 50% of the monthly volume, out of 15K invoices, and delivering cost savings equivalent to 3 FTE positions. Led a high-performing team through a seamless transition of accounts payable operations, optimizing processes and implementing a cutting-edge automation solution. Delivered significant improvements in efficiency, accuracy, and cost-effectiveness, driving positive outcomes for the organization.

Training And Certificates

Successfully completed comprehensive practical training on International Financial Reporting Standards (IFRS) through Consultifrs.com, an organization recognized as a Limca record holder.

Accomplishments

  • Received a quarterly award for invoice process automation in the fiscal year 2023-2025
  • Received a quarterly award for licensing renewal activity in 2020-21

Disclaimer

I am confident of my ability to work in a team, and I hereby declare that the information furnished above is true to the best of my knowledge.

Timeline

Manager

Johnsons Controls INC
10.2019 - Current

Senior Team Member

TATA MOTORS LTD
12.2014 - 10.2019

Associate

SKP BUSINESS CONSULTING LLP
11.2013 - 12.2014

Accounts Officer

MELUX CONTROL GEARS PVT LTD
09.2012 - 09.2013

MBA - Finance

School Of Commerce & Management Science

B.Com -

TACCS College

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