Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
CustomerServiceRepresentative
SHANMUKHA RAO CHIKKALA

SHANMUKHA RAO CHIKKALA

Subject Matter Expert
Visakhapatnam

Summary

Precise Accounts Payable Specialist with 8 years of experience working with accounts. Skilled at fixing account and data discrepancies with professionalism and using SAP, Oracle, Epicor. Proven history of resourcefulness, accuracy and extensive knowledge of Accounts Payable (P2P), Accounts Receivable (O2C), Travel & Expense, Payments (Specialist), Vendor Reconciliations, Etc.

Overview

8
8
years of professional experience
4
4
Languages

Work History

Process Specialist - Accounts Payable

Cognizant Technology and Solutions Private Ltd
02.2022 - 04.2024
  • Review and process invoices along with providing the resolutions for the invoices and releasing the invoices for Payment and resolve all vendor queries and requests coming via e-mails / Tickets within the agreed SLA.
  • Responsible for ensuring that all demand that comes through the Team is actioned as per agreed SLA's including a 'hands on' approach in all aspects of the Team
  • Respond to external vendors and internal managers regarding all aspects of the accounts payable process, including processing invoices for payment and assisting with bank reconciliations
  • Research information to provide accurate and timely solutions to internal clients and vendors at multiple locations
  • Generate payment to vendors on a routine schedule and match the check with backup for review by the financial manager
  • Inspect paid and unpaid invoices including cleared payment inquiries and check voiding to maintain accurate files and records according to company standards
  • Review automatic payments to ensure correct coding and authorization as well as sufficient contracts and documentation
  • Develop and maintain a filing system for financial information, records and documents to ensure easily available information
  • Strengthen and grow relationships with vendors and suppliers through timely payments
  • Exercise integrity and confidentiality in financial reporting
  • Assist in streamlining and improving the accounts payable process
  • Oversee day-to-day operation, Set clear team goals, Delegate tasks and set deadlines
  • Accounts Payable Processes & Management
  • Corporate Accounting & Bookkeeping
  • Vendor Negotiations & Management
  • Accounts Receivable & Query Handling
  • Records Organization & Management
  • Journal Entries & General Ledger
  • Team building & Staff Supervision
  • Process Automation.

Senior Executive - Accounts Payable

FLSmidth Private Limited
12.2015 - 02.2022
  • Responsible for full cycle Accounts Payable - P2P (Payments) in High volume & fast-paced environment
  • Handing Companies 5 Countries branches AP Process successfully
  • Processing PO & Non- PO Invoice,3 Way matching for PO invoices & 2 Way Matching for Non- PO invoices and Resolve invoice discrepancies
  • AP SPOC (Single point of Contact) for companies branches in US, UK, Canada, Mexico, Peru, Panama, Chile
  • Handling Vendor Queries through Emails or Calls
  • Supplier reconciliation, Weekly Invoice Ageing Calls
  • Daily TAT with 100 % accuracy
  • Payments processing with various payment instruments like ACH, Wire, SCF, Accounts Payable, Check Payments and Deposit Collections
  • Fund forecasts, Cash flow statements & timely maintaining of funds to ensure end to end seamless payment process
  • Trained personnel in equipment maintenance and enforced participation in exercises focused on developing key skills.
  • Managing ageing and overseeing vendor accounts, including communicating with new vendors to set up account information responding to payment questions and managing vendor account details
  • Own the development and ongoing reporting of meaningful process metrics to measure performance
  • Establish relevant goals and thresholds to drive accountability and improve efficiency and risk mitigation
  • Prepare monthly journal entries to properly record accounting transactions, ensuring that journal entries have proper back up to substantiate the entry
  • Problem solving experience, with a proven track record of following through on issues to a satisfactory resolution
  • Handling Vendor Master in creating the new suppliers and updating by verifying necessary documents, creating cost centers, GL Codes, Etc
  • Reduced personnel costs by restructuring the management hierarchy to eliminate redundancies and promote cross-functional collaboration.
  • Month End AP books closure & Support Audit requests, research and provide documentation required for various audits
  • Involved in continuous process improvements and financial system implementations.
  • Established team priorities, maintained schedules and monitored performance.

Education

Master of Business Administration - Finance

Hindustan University
Chennai, Tamil Nadu

Bachelor of Business Management - undefined

Prism Degree & PG College (Andhra University)
Visakhapatnam, Andhra Pradesh

Skills

Accounts Payable

undefined

Accomplishments

  • Traveled to Peru (South America) to transition the accounts payable payment process.
  • Traveled to Mexico (North America) to transition the accounts payable payment process.
  • Researched process optimization. Identified redundant step in Payment Entries approval, which was eliminated at my suggestion and resulted in 40% reduction in processing times.
  • Verified accuracy of outgoing other currency (EURO) payments, discovered errors that saved $5000 in overpayments.
  • Automated Manual payment process to “Host to Host” Payment process & Tedious processes by liaising with bank and IT Team.
  • Received Best Employee Award thrice.

Timeline

Process Specialist - Accounts Payable

Cognizant Technology and Solutions Private Ltd
02.2022 - 04.2024

Senior Executive - Accounts Payable

FLSmidth Private Limited
12.2015 - 02.2022

Master of Business Administration - Finance

Hindustan University

Bachelor of Business Management - undefined

Prism Degree & PG College (Andhra University)

Similar Profiles

CREATE PROFILE
SHANMUKHA RAO CHIKKALASubject Matter Expert