SHYAM KUMAR H. S
Bangalore
Summary
Dynamic and driven professional seeking a challenging position in a fast-paced, growing organization. Dedicated to enhancing career by utilizing skills and knowledge to achieve organizational goals.
Overview
16
16
years of professional experience
Work History
Finance Analyst
CISCO SYSTEMS INDIA PVT LTD
Bangalore
11.2022 - Current
- Creation of invoice, credit notes, and rebill for IMI Canada and UK Region, BroadSoft Global Region, and Text Local India (India Region) and Text Local UK Region.
- Creation of DTPs and ensuring the updates are in place.
- Supporting onshore billers in drafting and sending drafts/final invoices.
- Resolved billing exception related to rates and contracts to allow customers to be billed correctly.
- Invoice processing and handling the invoice queries via email, delivering the invoices to the customers.
- Handling ServiceNow tickets for IMI Canada and UK Region. Any queries may be related to rate changes, changes in PO, or any other changes in clauses (Agreements). They must be actioned on time.
- ERP is Oracle NetSuite for IMI Regions and for BroadSoft - Engage IP (LogiSense).
Analyst - Financial
RANDSTAD INDIA PVT LTD (for Cisco Systems India Pvt Ltd)
Bangalore
04.2020 - 12.2022
- To book Collab services, recurring credits for GPL, GRA, and Annuity Subscription Based Platform (SaaS).
- To advise and support sales teams on policies and procedures.
- To support the reallocation of bookings, take timely approvals from territory managers and finance controllers.
- To handle sales queries on recurring credits.
- Sales Forecasting.
- To work with a cross-functional team.
- To work on automation.
Financial Analyst
NETPACE TECHNOLOGIES AND SOLUTIONS PVT LTD
bangalore
08.2019 - 04.2020
- To book Collab services, recurring credits for GPL, GRA, and Annuity Subscription Based Platform (SaaS) are required.
- To advise and support sales teams on policies and procedures.
- To support reallocation of bookings by taking timely approvals from territory managers and finance controllers.
- To handle sales queries on recurring credits.
- Sales Forecasting.
- To work with a cross-functional team.
- To work on automation.
Associate Consultant (Process Lead)
CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED (Formerly - IGATE GLOBAL SOLUTIONS PVT LTD)
Bangalore
03.2013 - 08.2019
- Handling the Team of 3 members for US, Canada, UK, and Mauritius Region (Accounts Payable team), monitoring the team members and allocating the work, and make sure all the work assigned are completed every day
- Follow-up for the invoices and getting SRNs and GRNs from the commercial team for processing the invoices (PO/SRN).
- Ensure to monitor all the invoices processed for the above region on a daily basis. Invoices are received daily over the emails and also through the E-settlement portal. Make sure to get the SRNs created, and if it is E-settlement, then SRNs are sent to the vendor to create the vouchers in the E-settlement portal. Also, monitor all those and get them accounted and posted day today.
- Coordinate with the Pay cycle Team to ensure all the payments are cleared, cross-check the Invoices which are fetched for the Pay cycle if any details (Bank Account Information) are incorrect, make sure no Early payments, and if any bank details are incorrect, follow up with the vendor master team or with the vendor for clarification. Outstanding reports are pulled daily and clear all the pending items with reasons for payments.
- Assisting the Team Members and making sure all the tasks are completed on time.
- Follow up on Un-posted Vouchers and Pending SRN/GRN to make sure they are cleared daily, pulling out the report by running the query for Un-posted Vouchers. This might be because of several reasons, so follow up with the team members to get this resolved and get the vouchers posted.
- Initiating checks and wire payments to vendors, it is apart from the pay cycle. Running the query based on the scheduled dates, checks requests are sent to issue the check to the vendor. Based on the urgent request, wire payments are initiated and will also take care of knocking off the vouchers.
- Initiating and knocking off intercompany payments, initiating payments from bank to bank, and also from one BU to another BU transfers. Initiating those payments and knocking off the payments via manual payment against the vouchers allocated, and it is also accounted in the Cash Management application.
- Monitoring the Emails for Outstanding Invoices and replying to the Vendor payment queries instantly, query handling, and also providing payment remittance details to vendors as requested by them. Also handling Escalation emails and resolving the issue immediately, and requesting them if any Outstanding Invoices are cleared, and forwarding the same to the Commercial Team for further processing the payment.
- Accounting and releasing the rent payments for Canada and US region.
- Vendor reconciliation is done on a weekly basis to ensure that all outstanding invoices are cleared.
- Extracting the Ageing report and finding out the reasons why the Invoices are on hold, giving an explanation, and making sure those invoices are cleared as early as possible.
- Clearing Bank Reconciliation Statement for US, Canada, and Mauritius Region to clear GL postings.
- In the absence of any team member, each person will take care of his or her responsibility with regard to the work.
- ERP tool is PeopleSoft 9.
Senior Process Associate (Financial Associate III)
HEWLETT PACKARD
Bangalore
03.2010 - 03.2013
- Following up on the excess payment made to the vendors and recovering it from the suppliers.
- Based on three methods, the analysis is done.
- Payment Analysis (PAT): Analyzing the given data and on the basis of criteria - Vendor Name, Invoice Number, Invoice date, and Invoice amount, the duplicates are identified and checked in the system - SAP. After receiving confirmation from the supplier, the same is brought back into the books of accounts.
- Statement Review Analysis (SRT): Calling up the suppliers and sending a mail request for Statements of Accounts. After receiving the statements, going through the transactions and finding out any Open credits in the Statements. If there are any credits, follow up with the supplier to send reason for credit, original Invoice no, and credit memo copy with the confirmation mail. Then it will be shared with our client and recovered by offsetting or refunding the credit amount.
- Vendor Audit Analysis: Extracting the data to Excel from the SAP system and then analyzing it to determine if any excess payment has been made to the supplier's account. This information is then shared with our clients, and we work to recover the excess payment from their suppliers.
- Here, pulling out the complete transactions of one vendor by analyzing, trending, and then finding duplicates, and resolving it by recovering the aged credits.
- Commercial Projects: Procter and Gamble Asia Pacific (APAC), Smith and Nephew.
- All the above methods are implemented on the payments made to the suppliers. This includes excess or overpayment made to them. By applying these methods, we recover back the aged credits and bring back the profit to the company.
- Worked in the Smith and Nephew Project and supported the Accounts Payable Team for processing invoices for a month.
- And worked in the Account Receivable (AR) Department, i.e., HP Financial Services (HPFS), for Banking and AR Reconciliation Process.
Officer Collections (Risk Officer Recovery)
STANDARD CHARTERED BANK
Bangalore
08.2008 - 02.2010
- Following up with default customers by tracing them and calling them to inform them that they need to make a payment towards their Credit Card Outstanding. Make sure that they pay off the entire outstanding balance and close the card.
- Once the payment is received from the customers, make sure to give them the Settlement Letters towards the settlement of the card.
- Intimating the customers that their names are in the defaulter list such as SATYAM and CIBIL, so informing the customers to make the whole payment ASAP to remove their names from the defaulter’s list
- Once the total payment is received, the next step is to provide them with a No Objection Certificate (NOC) and the CIBIL document, indicating that the customer has made the full payment towards the closure of the card. Additionally, ensure that their names will be removed from the Defaulter's list.
- And, at last, recovering the bank fund and also giving solutions to the customers to keep their bank accounts clean.
Education
B.com - Accounting
R.B.A.N.M's First Grade College
Bangalore11-2007
Skills
- Process Improvements
- Account Reconciliation
- Financial Management
- Financial Accountability
- Documentation And Reporting
- Audit Support
- Finance
- Accounting
- MS Office
- Accounts Receivable
- Accounts Payable
- Vendor Management
Timeline
Finance Analyst
CISCO SYSTEMS INDIA PVT LTD
11.2022 - Current
Analyst - Financial
RANDSTAD INDIA PVT LTD (for Cisco Systems India Pvt Ltd)
04.2020 - 12.2022
Financial Analyst
NETPACE TECHNOLOGIES AND SOLUTIONS PVT LTD
08.2019 - 04.2020
Associate Consultant (Process Lead)
CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED (Formerly - IGATE GLOBAL SOLUTIONS PVT LTD)
03.2013 - 08.2019
Senior Process Associate (Financial Associate III)
HEWLETT PACKARD
03.2010 - 03.2013
Officer Collections (Risk Officer Recovery)
STANDARD CHARTERED BANK
08.2008 - 02.2010
B.com - Accounting
R.B.A.N.M's First Grade College
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