Saumil Turakhia
305, Raji Bldg, Garden Avenue, R B Mehta Road, Ghatkpar East, Mumbai,MH
Summary
To seek and maintain full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills.
Overview
8
8
years of professional experience
Work History
Analyst
WPP Marketing Communications India Pvt Ltd
2024.05 - Current
- Downloading bank statement
- Updating tracker on real time basis
- Reconciliation of bank statement with amounts in the tracker
- Rendering of statements to clients for aged balances
- Posting Journal Entries
- Applying cash to open entries
- Attending calls with stakeholders to provide regular update on pending invoices
- Ensuring goals are met on a consistent basis within timeliness and accuracy
Senior Associate
Marsh Mclennan Global Services Pvt Ltd
2021.09 - 2024.04
- Allocation of funds received towards premium billed
- Reconciliation of cash received and identifying the discrepancy, if any
- Querying for the disputed funds with branch offices & broker
- Sending SOA for accounts receivable on timely basis
- Seeking required extension on applicable warranties and NOC
- Constant following up for revenue especially for aged balance
- Attending revenue calls with stakeholders to provide regular updates
Executive
General Mills India Pvt Ltd
2018.10 - 2021.08
- To validate and accurately approve freight invoices and adjustments in a timely manner
- Reconcile/eliminite discrepancies between transportation accrued costs and freight billing
- Identifying trends (analyze data) of freight carriers, make timely and high quality decisions
- Interaction with transportation team, cross - functional teams and carrier/partner to resolve freight issues
- Timely review and updating of the carrier statement of accounts
- Ensuring team goals and KPIs are consistently met
- Developing clear documentation process, identify opportunities to save transport costs, drive efficiency through the utilization of various continuous tools
- Onboarding of new clients and preparation of presentation for the same
Associate
Willis Towers Watson India Pvt Ltd
2016.02 - 2018.10
- Checking of policy documents and seek correction request from insurance company, if required
- Maintaining database of client
- Timely follow up for policies from insurance carrier
- Sending final policy documents to clients
- Invoice processing
- Performing Self-Assessment File Review (SAFR) audit to check whether all steps from pre-placement to sending final policy policies to client have been properly followed
- Performing ad-hoc task such as internal audit of commissions earned by entity as per agreement
Education
MBA - Banking, Insurance And Investments
Welingkar Institute of Management Development
Mumbai12.2020
Master of Commerce - Accounting
University of Mumbai
Mumbai09.2016
Bachelor of Commerce - Accounting And Finance
K J Somaiya College of Science & Commerce
Mumbai05.2014
Skills
- Accounts Payable
- Reconciliation
- Invoice processing
- Internal audit
- Mentoring
- Customer Service
- Microsoft Excel
Accomplishments
- Enables cost saving of approx USD 48,000 in general mills after fixing a technical glitch
- Received spot prize in Willis Towers Watson for identifying tax discrepancy while billing
- Successfully transitioned billing from USA to India during my stint with Willis Towers Watson and was also responsible for training existing employees
- Visited Japan in 2011 under student exchange programme
Languages
English
Bilingual or Proficient (C2)
Hindi
Bilingual or Proficient (C2)
Gujarati
Bilingual or Proficient (C2)
Japanese
Beginner (A1)
Timeline
Analyst
WPP Marketing Communications India Pvt Ltd
2024.05 - Current
Senior Associate
Marsh Mclennan Global Services Pvt Ltd
2021.09 - 2024.04
Executive
General Mills India Pvt Ltd
2018.10 - 2021.08
Associate
Willis Towers Watson India Pvt Ltd
2016.02 - 2018.10
MBA - Banking, Insurance And Investments
Welingkar Institute of Management Development
Master of Commerce - Accounting
University of Mumbai
Bachelor of Commerce - Accounting And Finance
K J Somaiya College of Science & Commerce
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