SHILPA CHOUGALA

● Acting as Finance Operations Manager and rendering support to EY accounts for AR and Billing Process with a team of 45 members

● Analyzing & identifying audit requirements for AR and Billing activities such as IFRS Audit, Statutory Books Audit and Global Closures

● Ensuring the timelines are met for KPI and SLA activities by the team

● Driving efficiency in the processes through process streamlining and automation ideas

● Managing day-to-day processing of transactions to ensure that organizational finances are maintained in an effective, up-to-date and accurate manner; maintaining accurate records of payments, performing payment reconciliation and debtors account reconciliation

● Interfacing with internal and external customers and coordinating in reconciliation and balance confirmation

● Verifying payment discrepancies irrevocable receivable, passing write-off adjustment entries as approved by the management

● Monitoring & verifying that transactions comply with financial policies and procedures

● Assisting the senior management on monthly cash budget, variances, month-end closing entries & schedules, year-end audit schedules & adjustments and budgeting and other ad hoc reports

• Managing team of 10 FTE’s Jobs (AR and Billing Reconciliation, Reporting)
• Handling and closely working with 6 different entities with multiple clients and countries on Revenue Billing Model.
• Managing Accounts Receivables.
• Supervising Accrual, Billing activities, and reporting activities for multiple reporting (PAN AR, DSO, Accrued Income report)
• Acting as a Reviewer for the Accounts receivable team during Month End Activities
• Communicating and maintaining a cordial relationship with counterpart associates to get instant support
• Administering collections review of the team, specialized transactions, and service quality including the SLAs ensuring that the reports are submitted within the time
• Creating the process backup for all associates and changing the process to system dependency from people dependency by effectively maintaining the process SOPs
• Monthly variance reports for the service and operations departments
• Landing various kinds of billing methods as per SOW to generate monthly invoices (FTE, T&M, Commitment, CPD)

• Processing foreign remittance, Domestic payments accounts payable invoices/bills and attending vendor queries to ensure effective process flow.
• Premises rent accounting and monthly payments as per due date via SAP (FICO) module
• Payment processing for domestic invoices through electronic transfers, corporate cheques.
• Processing foreign payments and advising payments through Form-A1 for physical imports and Form-A2 for services.
• Handling employees travel and reimbursements.
• Handling Audit related queries.
• Preparing MIS reports- monthly provision report, vendor aging report
• Obtaining balance confirmation from vendors half yearly basis for internal controls and audit requirements.
• Co-ordination with the banks for online banking implementation, addition deletion of authorized signatories.

• Handling day to day employee claims as per company policy
• Handling employees’ corporate card
• Processing purchase order invoices on comparison with Purchase order and goods receipt.
• Processing non-purchase order invoices on verification of authorized and approval limit of authorized personnel.