Shashank Solanki
New Delhi
Summary
Detail-oriented Accounts Payable professional with strong expertise in invoice processing, payments, reconciliations, and vendor management. Skilled in maintaining financial accuracy, prioritizing high-volume workloads, and meeting strict deadlines. Adept at ensuring compliance with AP controls, resolving discrepancies, and supporting seamless month-end activities. Proven ability to perform efficiently in both independent and team-driven environments.
Overview
10
10
years of professional experience
Work History
Professional
Fiserv India Pvt. Ltd.
10.2022 - Current
- Processed high-volume PO and Non-PO invoices for Germany and
- Poland using SAP and Oracle, maintaining 100% accuracy and
- consistently exceeding defined SLAs.
- Performed 2-way and 3-way matching, resolving complex price and
- quantity mismatches and managing GR aging through coordination
- with procurement.
- Managed Vendor Master Data end-to-end, overseeing the creation,
- modification, and validation of records to ensure strict compliance
- with audit requirements.
- Handled domestic and international payment runs, validating
- payment proposals and performing vendor statement reconciliations
- to clear open items.
- Facilitated month-end close by posting AP journal entries and
- accruals, while providing full documentation for internal and external
- audits.
- Acted as the primary liaison for BUs and vendors, resolving complex
- financial discrepancies and bridging gaps between finance and
- procurement teams.
- Spearheaded Lean automation projects using Power Automate and
- macros, eliminating manual bottlenecks to save 400 operational
- hours annually.
Senior Accounts Payable Associate
Clifford Chance India Pvt. Ltd.
07.2019 - 10.2022
- Reviewed and processed invoices for Germany, Poland, and Australia; resolved discrepancies and released invoices for payment.
- Handled vendor queries via email/tickets within SLA and followed up with requisitioners to clear invoice holds.
- Ensured adherence to internal compliance and AP policies in all daily activities.
- Managed urgent payments received through SharePoint and email; tracked advance payments for timely prepayment release.
- Analyzed invoices for correct coding to accounts and cost centers; processed accounting entries accurately.
- Performed vendor account reconciliations, verified monthly statements, and resolved open items.
- Followed up for invoice approvals in workflow systems; processed AMEX and other vendor statements.
- Allocated credits, monitored weekly pay runs, and posted manual cheque entries.
- Cleared open items in bank reconciliations through dummy payments where appropriate.
- Created and updated SOPs; trained new joiners on AP processes and system usage.
- Addressed cross-departmental queries and supported reconciliation issue resolution.
- Maintained accuracy levels in line with SLAs and audit requirements.
- Prepared and posted cost recovery entries and generated AP reports (Aging, TB, Posted Invoice Register, Expired Checks, Prepayment Status, etc.).
- Reduced late payment penalties through timely follow-ups and processing.
- Provided strong vendor support, resolving disputes and maintaining positive relationships.
- Matched POs with invoices in coordination with the purchasing team to ensure accurate payments.
- Reviewed employee expenses for policy compliance and processed reimbursements.
- Improved accuracy in expense coding, enhancing budget tracking and cost control.
- Assisted with month-end close and supported accurate financial reporting.
Senior Associate
Accenture Solutions Pvt.Ltd
03.2016 - 07.2019
- Conducted audits on invoices processed by team members and identified/errors for correction.
- Prepared daily audit reports and shared them with clients and senior leadership within TAT to meet SLAs.
- Supported AP operations for the European market, ensuring accuracy and compliance.
- Performed investigations and follow-ups via Skype to resolve critical invoice issues quickly.
- Processed internal adjustments for wrongly paid invoices and handled return payment bookings.
- Obtained approvals and assigned correct accounting codes for Non-PO invoices.
- Maintained trackers for VAT and tax-related payments.
- Distributed work among team members to ensure balanced workload management.
- Resolved vendor issues, invoice discrepancies, and monitored payment status.
- Reviewed and matched invoices for accuracy prior to posting.
- Utilized SAP T-codes (MIR7, FB60, ME23N, F-43, MIR4, MIR6, FB03, FBL1N, MR8M, FB08, F-44, etc.) for day-to-day AP activities.
- Handled client interactions regularly and addressed escalations promptly.
- Created and updated SOPs and supported process transitions for new workflows.
Education
Bachelor of Commerce -
Delhi University
New Delhi, IndiaSenior Secondary -
Sarvodya Baal Vidhalaya
New Delhi, India Secondary -
Deep Parmarth Secondary School
New Delhi, IndiaSkills
- SAP
- Ariba
- Oracle
- GPMS
- Keystone
- SharePoint
- Instream/DFM
- WQM, Service Now
- MS Office
- Power Bi
- Power Automate
Languages
- Hindi
- English
Languages
Hindi
First Language
English
Proficient
C2
Timeline
Professional
Fiserv India Pvt. Ltd.
10.2022 - Current
Senior Accounts Payable Associate
Clifford Chance India Pvt. Ltd.
07.2019 - 10.2022
Senior Associate
Accenture Solutions Pvt.Ltd
03.2016 - 07.2019
Bachelor of Commerce -
Delhi University
Senior Secondary -
Sarvodya Baal Vidhalaya
Secondary -
Deep Parmarth Secondary School